The development of the 100 Gaj Jewar Airport Plot Rate – Hare Krishna Township Phase 2 in Jewar has ignited a real estate boom, attracting investors of all scales. For first-time investors and those with a more modest budget, the 100 Gaj plot (equivalent to 900 sq ft or 84 sq m) represents an accessible entry point into this high-growth market. This size is ideal for building a compact home, a rental property, or purely as a strategic investment for capital appreciation. While smaller, these plots are directly tied to the massive infrastructure project’s success, making understanding their current rate structure essential for a smart investment.
Current Rate Landscape for 100 Gaj Plots
The market for smaller plots is highly liquid and often the first to see price movements. Rates for a 100 Gaj plot are typically quoted on a per Gaj basis, providing a clear metric for comparison across different locations and projects.
- Prevailing Rate Range: As of 2024, the price for a 100 Gaj plot in developed sectors within a 5-10 km radius of the airport site generally falls between ₹ 5 lakh and ₹ 15 lakhs. This wide range is dictated by several critical factors that directly influence the per Gaj rate, which can vary from approximately ₹ 5,000 to over ₹ 15,000.
- Key Factors Influencing the Rate:
- Exact Location: The most significant factor. Plots within approved sectors developed by the Yamuna Expressway Industrial Development Authority (YEIDA) or reputable private developers command a premium due to legal security and promised infrastructure.
- Proximity to Key Infrastructure: Being close to the upcoming airport terminals, the Yamuna Expressway, or proposed metro corridors can double or even triple the per Gaj rate compared to land in less connected areas.
- Development Status: A plot in a colony with existing paved roads, water lines, and electricity will have a much higher rate than one in a newly announced project where development is yet to begin.
- Legal Clarity: Plots with clear, marketable title and approved NA (Non-Agricultural) status are priced higher than agricultural land or plots with any legal ambiguities.
1. What is the current per Gaj rate near Jewar Airport?
The per Gaj rate is highly location-specific but generally ranges from ₹ 5,000 to ₹ 15,000. For a 100 Gaj plot, this translates to a total cost of ₹ 5-15 lakhs. Always confirm what infrastructure and approvals this rate includes.
2. Is a 100 Gaj plot sufficient to build a house?
Yes, a 100 Gaj (900 sq ft) plot is sufficient to build a compact 2-BHK home with a small open area. The actual construction will need to adhere to local bylaws regarding setback rules and Floor Area Ratio (FAR) set by YEIDA.
3. What is the difference between buying land in a village versus a YEIDA sector?
Village land may be cheaper but is often agricultural and requires a complex conversion process to NA use. YEIDA plots are pre-approved for residential use, come with planned infrastructure, and offer far greater legal security, justifying their higher rate.
4. Are there any hidden costs besides the plot price?
Yes. Buyers must budget for Stamp Duty and registration charges (a percentage of the sale value), legal verification fees, and potential society maintenance charges if the plot is within a gated colony.
5. Is this a good investment for someone with a limited budget?
Yes, a 100 Gaj plot can be an excellent entry-point investment. It allows you to benefit from the area’s appreciation with a smaller initial capital outlay. However, thorough due diligence is even more critical to protect your investment.
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