The development of 500 Gaj Plot Sale In Jewar – Hare Krishna Township Phase 2 has transformed Jewar into one of North India’s most promising real estate destinations. Among the various plot sizes available, the 500 Gaj plot represents a premium investment category that combines substantial living space with excellent appreciation potential. This guide provides detailed information for investors and homebuyers considering a 500 Gaj plot in Jewar’s developing sectors.
1. Understanding 500 Gaj Plot Dimensions
A 500 Gaj plot offers generous space for creating a luxurious residential property:
- Basic Conversion: 500 Gaj = 500 Square Yards
- Square Footage: 500 Gaj equals 4,500 Square Feet (1 Gaj = 9 Square Feet)
- Metric Conversion: Approximately 418 Square Meters
This substantial size allows for flexible architectural planning, including spacious rooms, gardens, and modern amenities.
2. Advantages of YEIDA Authority Plots
Investing in a 500 Gaj plot through Yamuna Expressway Industrial Development Authority (YEIDA) offers numerous benefits:
- Legal Security: Government-backed titles with transparent ownership records
- Infrastructure Development: Guaranteed development of roads, utilities, and community facilities
- Master Planning: Systematic sector development with proper zoning regulations
- Appreciation Potential: Prime location near airport ensures strong value growth
3. Investment Potential of 500 Gaj Plots
- Premium Space Utilization: Ideal for constructing 5-6 bedroom luxury homes with modern amenities
- Strong Value Appreciation: Strategic location near airport infrastructure promises excellent returns
- High-End Market Demand: Popular among premium buyers seeking spacious luxury homes
- Development Flexibility: Suitable for personal use or future investment opportunities
4. Essential Due Diligence for Buyers
- Document Verification: Check original allotment papers and payment receipts
- Location Assessment: Evaluate sector development status and infrastructure proximity
- Financial Planning: Account for plot cost, registration charges, and development fees
- Legal Compliance: Verify all YEIDA regulations and payment obligations
1. What is the exact size of a 500 Gaj plot?
A 500 Gaj plot measures 500 Square Yards, equivalent to 4,500 Square Feet or approximately 418 Square Meters. This size is considered premium for residential construction.
2. What type of house can be built on a 500 Gaj plot?
A 500 Gaj plot can accommodate a luxurious 5-6 bedroom house with modern amenities, spacious living areas, garden, and parking for multiple vehicles. It allows for premium architectural designs and comfortable luxury living.
3. What is the current price range for 500 Gaj plots in Jewar?
Prices typically range between ₹22,000-₹45,000 per square yard, depending on sector location and proximity to key infrastructure. The total investment usually falls between ₹1.1-2.25 crores.
4. How does the resale process work for YEIDA plots?
The resale requires obtaining a No Objection Certificate (NOC) from YEIDA, along with standard property transfer documents. The authority verifies all payments and documentation before approving the transfer.
5. What are the construction regulations for 500 Gaj plots?
YEIDA mandates specific building codes including maximum ground coverage (typically 50-60%), floor area ratio specifications, and setback requirements. Buyers must obtain necessary approvals before starting construction.
6. Why is a 500 Gaj plot considered a premium investment in Jewar?
The 500 Gaj plot offers the perfect balance between luxury living space and strong investment potential. Its size appeals to premium buyers seeking spacious homes while ensuring good resale value. The ongoing airport development ensures strong appreciation, making it an excellent long-term investment.
Leave a review for 500 Gaj Plot Sale In Jewar – Hare Krishna Township Phase 2