The development of the 300 Gaj Land Rate Near Jewar Airport- Hare Krishna Township Phase 2 at Jewar has turned the surrounding region into one of the most dynamic real estate hotspots in North India. For investors and end-users alike, a 300 Gaj plot (approximately 270 Sq. Yards or 225 Sq. Meters) is a popular and manageable size. Understanding the current land rates is crucial for making an informed investment decision.

Current Market Overview (2024)
Land prices near Jewar Airport have seen significant appreciation over the last few years and continue to show an upward trend. The promise of enhanced connectivity, massive infrastructure development, and the emergence of new industrial and commercial corridors are the primary drivers. Rates are not uniform and vary drastically based on the exact location, proximity to the airport site, and the type of development plan in the area.

Key Factors Influencing Land Rates

• Exact Proximity to the Airport: Land within a 5-10 km radius commands the highest prices.
• Village and Sector: Rates differ from one village to another based on their development authority (YEIDA or GNIDA) and proposed master plans.
• Connectivity: Plots located near the upcoming Yamuna Expressway interchange or the proposed Metro extension have a premium.
• Infrastructure Development: Access to roads, water, electricity, and sewage systems significantly impacts the value.
• Land Title Clarity: Plots with clear, litigation-free titles and proper registry are priced higher.

Estimated Price Range for a 300 Gaj Plot
Please note that these are approximate market rates and can fluctuate. Always consult with a local real estate expert for the most current pricing.

• Prime Zone (0-5 km from Airport Site): ₹ 45 Lakh to ₹ 75 Lakh+
  • Villages: Dayanatpur, Rohi, Ranhera. These areas are in highest demand due to their immediate proximity.
• Secondary Zone (5-10 km from Airport Site): ₹ 25 Lakh to ₹ 45 Lakh
  • Villages: Nagla Hoshiram, Jewar Bangar, Kureb. Offering a balance of growth potential and affordability.
• Tertiary Zone (10-15 km from Airport Site): ₹ 15 Lakh to ₹ 25 Lakh
  • Areas further along the Yamuna Expressway. These are more budget-friendly options with longer-term growth horizons.

1. What is the difference between 300 Gaj and 300 Sq. Yards?
There is no difference. In North Indian real estate parlance, “Gaj” is often used interchangeably with “Square Yard.” Therefore, a 300 Gaj plot is exactly equal to a 300 Square Yard plot.

2. Which authority governs land in these areas, and why does it matter?
Land is primarily governed by the Yamuna Expressway Industrial Development Authority (YEIDA) and, in some parts, the Greater Noida Industrial Development Authority (GNIDA). YEIDA’s master plan specifically caters to the development around the airport, making its approved plots generally more valuable and secure with clear development guidelines.

3. Besides the plot cost, what other expenses should I budget for?
Beyond the basic land cost, you must factor in:

• Stamp Duty and Registration Charges: Approximately 7% of the circle rate.
• Legal and Brokerage Fees: Around 1-2% of the transaction value.
• Bank Processing Fees: If you are taking a loan.

4. How can I verify the land title before purchasing?
Always hire a reputable local lawyer to conduct a thorough title search. They will check the chain of ownership, existing liens or mortgages, and ensure the land is free from any litigation or disputes. Never skip this step.

5. What is the future outlook for land prices near Jewar Airport?
The outlook is overwhelmingly positive. Price appreciation is expected to continue in phases—first with the airport’s inauguration, then with the completion of supporting infrastructure like the Metro link and the development of the Aviation Hub. It is a long-term investment likely to yield significant returns over the next 5-10 years.