DHOLERA Smart City - Gateway to the Future Real Estate

First and the largest Greenfield smart city being built under the Phase I of DMIC, DSIR symbolizes Indian government’s intent to realise its “Smart cities” project. Impressive in its size, the DSIR consists of a sprawling area of 920 sq kms and covers 22 villages falling under Ahmedabad district. Passed under the Special Investment Region (SIR) Act 2009, the project, divided into six phases, is expected to be completed over the next thirty years. The first phase, covering an area of 153sq kms, is the largest node to be developed at an investment of Rs. 1400 crore. A remarkable example of the government’s commitment towards the project, an “Activation Area” of approximately 22.5 sq kms has already been identified to trigger development. The impressive US $ 600 million has already been earmarked by the Government of Gujarat to roll out trunk infrastructure in the activation area. Reluctant to delay the project for all avoidable reasons the government has begun the process of inviting companies to set up their facilities in the region by offering them incentives, grants and early-bird discounts.   With incentives and offers to various industry verticals like defense, aviation, machinery, electronics, biotechnology, food processing, pharmaceuticals, textiles and heavy engineering, DSIR is poised to emerge as a true investment haven in the future. Smart city features like realtime control and governance, coupled with advantages listed below, Dholera Smart city is a true hotspot for investors:

• Size:

With 22 villages of Ahmedabad district, it is the largest of the nodes proposed so far in the DMICP influence region.

• Connectivity:

The site is situated between the main industrial centres of Ahmedabad, Vadodara, Surat, Rajkot and Bhavnagar.

• Logistics advantage:

10 lane New Expressway; Dholera Metro Rail, International Airport to serve, Ahmedabad-Dholera SIR, Industrial Mega Parks, Logistics Park across DMIC.

• World Class Infrastructure:

Proposed expenditure of US $600 million for trunk infrastructure rollout in the activation area.

• Information and Communication Technology (ICT):

Advanced facilities like e-governance, Central Integrated Operations Center, a utility data centre, city-wide network, and city dashboards.

• Ease of doing business:

Advantages like a single window clearance and e-land allotment system.

• Real estate boom:

The land prices in and around Dholera have appreciated and will continue to do so.

• “Plug & Play” approach:

ICT enabled land parcels with the ability to build infrastructure at the plot level. Plug and Play Technology With a physical footprint larger than Singapore, Dholerais aiming to be India’s largest Greenfield industrial city. Dholera is part of the Delhi Mumbai Industrial Corridor, which aims to transform India’s manufacturing and service base by developing a number of smart, sustainable and industrial cities along the 921-mile long corridor between Delhi and Mumbai. They are implementing all the trunk infrastructure including roads, drainage, water supply, recycle water, sewerage, power, Information Communications Technology (ICT) and gas. Realty Plus team visited this enormous site that’s going to take the complete shape of a Greenfield industrial township at the end of the year 2019. Housing needs in the vicinity are likely to rise as more employment seekers and families will migrate to this region. With the commitment of large Japanese investments, Dholera seems all set to be a catalyst for the growth for India, having the potential to attract a wide range of industries.