The upcoming 100 Gaj Plot Jewar Airport- Hare Krishna Township Phase 2 is not just an infrastructure project; it’s the catalyst for one of the most significant real estate booms in the National Capital Region (NCR). For savvy investors and end-users looking to build a dream home, a 100 Gaj plot in this burgeoning zone represents a golden opportunity.
A 100 Gaj plot is a compact and highly popular land parcel size, equivalent to 900 square feet (since 1 Gaj = 9 square feet). This size is ideal for constructing a comfortable independent family home (e.g., 2-3 BHK) with a garden or parking space, offering a perfect blend of modern living and investment growth.
Key Highlights of a 100 Gaj Plot in Jewar:
- Strategic Location: Plots are typically available in well-planned sectors or societies within a 10-15 km radius of the airport site. This ensures excellent connectivity via the Yamuna Expressway and future proposed roads and metro links.
- High Appreciation Potential: As airport construction progresses and ancillary industries (logistics, hospitality, MNC offices) set up base, land values in the surrounding areas are projected to see multi-fold appreciation. Buying at the current price point offers significant upside potential.
- Affordable Entry Point: Compared to larger plots, a 100 Gaj plot is a more affordable entry into the Jewar real estate market, making it accessible to a wider range of investors and families.
- Infrastructure Development: The area is witnessing rapid development of social infrastructure, including schools, hospitals, shopping complexes, and wide roads, ensuring a high quality of life in the near future.
- Ideal for End-Use: For those planning to build, a 100 Gaj plot is a manageable size to design a customised, modern home away from the congestion of city centers, yet well-connected to Noida and Greater Noida.
1. What is the exact size of a 100 Gaj plot?
A 100 Gaj plot measures 900 square feet (since 1 Gaj = 9 Square Feet). This is a standard and popular measurement in North India for residential plots.
2. What is the current price range for a 100 Gaj plot near Jewar Airport?
Prices are dynamic and vary greatly based on the exact location, developer reputation, and proximity to the airport and expressway. As of 2023-24, prices can range from approximately ₹ 15,000 to ₹ 35,000 per Gaj, meaning a 100 Gaj plot could cost between ₹ 15 lakh to ₹ 35 lakh. It is crucial to research current market rates.
3. What legal verifications should I do before buying?
Before any transaction, insist on checking:
- Title Deed: Ensure a clear and marketable title of the land.
- Approval Sanction: Verify approval from YEIDA or the local development authority.
- Encumbrance Certificate: Confirm the plot is free from any legal dues or mortgages.
- Layout Plan Approval: Check that the entire colony layout is approved.
- Sale Agreement: Have a lawyer review the sale agreement before signing.
4. Is now the right time to invest, or should I wait?
While prices have already risen, the project is still in a relatively early phase with massive development ahead. The completion of the first phase of the airport in 2024-25 is expected to be a major price trigger. Investing now, with a medium to long-term horizon (5-8 years), is generally considered a strategically sound decision to capitalize on future growth.
5. What are the future prospects for such an investment?
The prospects are exceptionally bright. The airport will act as an economic hub, generating massive employment and attracting commercial and residential demand. A 100 Gaj plot can be held for appreciation, sold for profit, or developed into a residential property that can be used for personal living or rented out to the influx of professionals expected in the region.
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