The development of 1500 Gaj Cost Of Land Near Jewar Airport has transformed Jewar into a strategic investment hub, with Hare Krishna Township Phase 2 offering premium land parcels for discerning investors. This exclusive township provides exceptional opportunities for those seeking substantial land holdings near India’s upcoming aviation hub.
Current Market Pricing
The prevailing market rates for large plots in Hare Krishna Township Phase 2 range between ₹4,500 to ₹6,800 per Gaj, with premium pricing for corner plots and those with park-facing locations. For a 1500 Gaj plot, the base cost calculation is:
Base Price Range: ₹67,50,000 to ₹1,02,00,000
(1500 Gaj × ₹4,500 = ₹67,50,000 | 1500 Gaj × ₹6,800 = ₹1,02,00,000)
Additional Cost Components
Investors must consider supplementary expenses that typically add 20-25% to the base cost:
- Development Charges: ₹8,00,000 – ₹12,00,000
- Infrastructure Costs: ₹5,00,000 – ₹7,50,000
- Stamp Duty and Registration: 7% of property value
- Legal Documentation: ₹80,000 – ₹1,20,000
- Utility Connection Charges: ₹2,00,000 – ₹3,00,000
Total Investment Range
The complete investment for a 1500 Gaj plot typically ranges between ₹85,00,000 to ₹1,28,00,000, depending on plot location, payment plan, and current market conditions.
Special Payment Plans for Large Plots
The developer offers customized payment options for substantial investments:
- 20% down payment with balance in 48 monthly installments
- 40% advance payment with guaranteed price protection
- Construction-linked plans with extended payment tenure
- Special corporate discounts for bulk purchases
Investment Potential and Appreciation
The township’s strategic location (5-7 km from Jewar Airport) ensures exceptional growth potential. With the airport’s first phase operational and expansion plans underway, property values are projected to appreciate by 25-30% annually over the next 3-4 years.
1. What infrastructure facilities are currently operational in the township?
The township features completed road networks with street lighting, water supply systems with overhead storage, underground electrical wiring, and sewage treatment plants. Clubhouse construction is 80% complete, with full operational status expected within 10 months.
2. Are there specific construction guidelines for 1500 Gaj plots?
The township permits ground + 3 structures with 65% ground coverage for large plots. All construction plans require approval from the developer’s architectural committee and must comply with YEIDA building regulations. Special provisions for basement parking are available for large plots.
3. What payment terms are available for large investments?
Customized payment schedule includes: 15% booking amount, 20% on layout approval, 25% on infrastructure completion, 20% on possession, and the balance within 12 months of possession with interest-free EMIs.
4. How does the airport proximity impact future development potential?
The operational airport has driven 50% appreciation in land values over past 18 months. Future development includes proposed metro connectivity, commercial hubs, and logistics parks, expected to generate 9-12% rental yields for developed properties.
5. What additional legal verifications are required for large plot purchases?
Essential verifications include: RERA registration status (UP-RERA Project Number: XXXXX), title clearance from revenue records, YEIDA approval documents, encumbrance certificate for last 30 years, environmental clearances, and thorough review of builder-buyer agreement clauses regarding construction timelines and penalty provisions.
Leave a review for 1500 Gaj Cost Of Land Near Jewar Airport – Hare Krishna Township Phase 2