The development of the300 Gaj Cost Of Land Near Jewar Airport has ignited a real estate boom in the surrounding regions, making areas like Hare Krishna Township Phase 2 highly attractive for investors and end-users. If you are considering purchasing a 300 Gaj plot in this township, understanding the cost components is crucial.

A “Gaj” is a traditional unit of area measurement, widely used in North India, where 1 Gaj is equal to 1 Square Yard. Therefore, a 300 Gaj plot translates to 300 square yards.

The total cost of a plot is not just the base price per Gaj. It is a sum of several components:

1. Base Price: This is the core cost of the land per Gaj. As of 2024, in emerging townships like Hare Krishna Township Phase 2, the base price can range anywhere from ₹ 4,500 to ₹ 7,000 per Gaj, depending on the plot’s exact location within the township, proximity to main roads, and available amenities.
2. Total Land Cost: For a 300 Gaj plot, the basic land cost would be approximately:
   • Lower Range: 300 Gaj x ₹ 4,500 = ₹ 13,50,000
   • Upper Range: 300 Gaj x ₹ 7,000 = ₹ 21,00,000
3. Additional Charges: Beyond the base price, developers charge for essential infrastructure. These typically include:
   • Development Charges: For internal roads, water, sewage lines, and electrical infrastructure.
   • Club Membership Charges: One-time fee for access to community facilities.
   • PLC (Power Line Charges): For electrical connection setup.
   • Stamp Duty & Registration: A government fee, usually around 5-7% of the total value, mandatory for legal registration.
   • Legal & Documentation Fees.

Estimated Total Investment:
Considering all additional charges, the total out-of-pocket cost for a 300 Gaj plot in Hare Krishna Township Phase 2 can realistically range between ₹ 15,00,000 and ₹ 24,00,000. It is imperative to get a detailed cost sheet from the developer that breaks down every single charge before making a decision.

Why Invest Here?
The primary driver for investment is the proximity to the Jewar Airport, which is set to become a major economic hub. This connectivity promises significant appreciation in property values, rental yields, and overall development in the years to come.

1. Is Hare Krishna Township Phase 2 a legally approved project?
Yes, any reputable township must have necessary approvals from the Yamuna Expressway Industrial Development Authority (YEIDA) or the local governing body. Always ask the developer to see the RERA registration number and approval documents before any transaction.

2. What are the available payment plans?
Developers usually offer flexible plans, including a down payment followed by construction-linked installments or a one-time payment discount scheme. Clarify the payment schedule and any penalties for late payments.

3. What infrastructure and amenities are promised?
Typical amenities in such townships include 24/7 security, paved internal roads, water supply, sewage treatment plants, parks, community centers, and sometimes a clubhouse. Confirm the timeline for the completion of these amenities.

4. How does the location benefit from Jewar Airport?
The airport will generate immense employment opportunities, boost tourism, and require supporting infrastructure like hotels, logistics hubs, and commercial spaces. This demand will directly benefit residential plots in nearby developed sectors.

5. Is this a good time to invest, or should I wait?
Real estate near major infrastructure projects like an airport typically sees the highest appreciation in the early stages of development. Investing now, before the airport becomes fully operational, could offer greater long-term returns compared to buying after its completion.