Dholera Overtakes Delhi & Mumbai - Emerges as a Vital Real Estate Hub

Over the past ten years, land prices in Gujarat's Dholera Special Investment Region (DSIR), a smart city project within the Delhi-Mumbai Industrial Corridor, have significantly increased due to growing investor interest.

Land prices in Dholera's Town Planning (TP) schemes have increased from 700 rupees per square yard to 7,000–10,000 rupees per square yard, according to Lalit Parihar, the founder and MD of IG Group.

Due to a tenfold increase in land prices over the previous ten years, rates in other town planning plans have also increased to between 3,000 and 7,000 rupees per square yard.

The international cargo airport and the Ahmedabad-Dholera road are two significant infrastructure projects that are expected to be completed by 2025 and will accelerate Dholera's development, according to Rituras Singh Chudasama, a partner of Infinity Infracon in Dholera.

The 109-kilometer expressway's quick construction has been emphasized by developers. Furthermore, initiatives like the Vande Metro and the Bhimanath-Dholera broad gauge railway line are anticipated to enhance connectivity even more.

According to Lalit Parihar, investor confidence has increased as a result of these facilities' apparent advancements, and this is reflected in the rising cost of land.

Attracting investments from more than 100 firms, including Tata Electronics' Rs 91,000 crore semiconductor project, Dholera is quickly becoming a major investment hub, supporting its potential as a top real estate destination.

Dholera Industrial City Development Limited (DICDL) is building DSIR, also called Dholera Smart City, a planned greenfield industrial and smart city with the goal of becoming a significant manufacturing and trading hub.