The development of the 100 Gaj Land Price Near Jewar Airport – Hare Krishna Township Phase 2 has turned the Jewar region into a hotspot for real estate investment, attracting buyers seeking affordable entry into a high-growth market. For many, a 100 Gaj plot (90 square yards) represents the perfect balance of low initial investment and strong future potential. Understanding the current land price for such plots is crucial for making an informed decision.

Current Price Range and Influencing Factors
As of 2024, the price for a 100 Gaj plot near Jewar Airport is not a fixed figure but a range, typically between ₹X lakhs to ₹Y lakhs (Note: Replace X and Y with current, research-based estimates. E.g., ₹8-15 lakhs). This wide variation is due to several key factors:

• Exact Location: Proximity is everything. Plots within a 5-10 km radius of the airport boundary or directly along the Yamuna Expressway command a significant premium. Prices decrease as you move further into the surrounding sectors of Jewar.
• Infrastructure Development: Plots in sectors where basic infrastructure like paved roads, water lines, and electrical grids are already visible will be priced higher than those in areas where development is still promised.
• Developer Reputation: Plots within projects by renowned and credible developers often come at a higher cost due to the assurance of legal clarity, proper planning, and timely development of amenities.
• Registry Rates: The government’s circle rate (stamp duty rate) sets the minimum price for registry and influences the overall market value.

Investment Potential and Target Audience
A 100 Gaj plot is an ideal investment for:

• First-Time Investors: It offers a low barrier to entry, allowing individuals to own a tangible asset in a boom area without a massive capital outlay.
• Long-Term Appreciation Holders: While smaller in size, the plot stands to benefit significantly from the overall appreciation of the region driven by the airport’s operation and subsequent economic activity.
• Future Construction: Owners can hold the plot for capital gains or, later, construct a compact 2-3 BHK home for rental income or personal use, catering to the airport-driven population influx.

Key Considerations Before Buying
Before investing, prioritize:

• Legal Due Diligence: This is non-negotiable. Verify the Title Deed, ensure YEIDA (Yamuna Expressway Industrial Development Authority) approval, and check for RERA registration if it’s part of a project.
• Total Cost Calculation: Remember to factor in additional costs beyond the plot price, including stamp duty, registration fees, legal charges, and potential development fees charged by the seller.
• Physical Verification: Always visit the site to check the exact location, understand the neighborhood, and assess the current status of infrastructure development.

1. What is the approximate price per square yard for a 100 Gaj plot?
The price per square yard varies widely based on location. In prime sectors close to the airport, rates can range from ₹[X] to ₹[Y] per sq. yd. In developing sectors further out, prices may be between ₹[A] to ₹[B] per sq. yd. (Note: Replace with researched figures).

2. Are there any hidden costs besides the quoted plot price?
Yes. Buyers must budget for additional costs including Stamp Duty and Registration charges (a government fee, typically a percentage of the plot value), legal verification fees, and potential development charges levied by the developer for infrastructure creation.

3. Why are prices so different between two sectors in Jewar?
Prices differ based on proximity to the airport site, the Yamuna Expressway, and existing infrastructure. Sectors with better road connectivity, water supply, and power infrastructure will always command a higher price due to lower development risk and earlier habitability.

4. Is it better to buy a plot now or wait for the price to drop?
The general market sentiment, driven by the ongoing airport construction, suggests prices are more likely to appreciate than depreciate. Key milestones like the airport’s operational date will likely trigger significant price jumps. Therefore, buying at the current rate is often seen as entering before the major surge.

5. How can I verify if the quoted price is fair?
To verify a fair price, compare rates from at least 3-4 reputable developers in the same sector. Additionally, consult with local property dealers and check recent registry data for similar plot sizes in the same area to understand the prevailing market rate.