Dholera SIR attracts Rs 20-30 billion annual investment in real estate
Real Estate

Dholera SIR attracts Rs 20-30 billion annual investment in real estate

The Dholera Special Investment Region (SIR) in Gujarat is drawing annual investments of Rs 20-30 billion in real estate, with significant interest from investors in northern India, particularly from Punjab, Haryana, Delhi, Gurugram, and Noida, according to the Aaiji Group, an Ahmedabad-based developer.

Jointly developed by the central and Gujarat governments, Dholera SIR is located about 100 km from Ahmedabad and is managed by Dholera Industrial City Development Ltd (DICDL), a special purpose vehicle. DICDL is owned 51% by the Gujarat government and 49% by the central government. Nearly 95% of the first-phase infrastructure has been completed, positioning the Dholera Smart City as an attractive investment destination.

In June, Tata Electronics signed a collaboration agreement with semiconductor firm Synopsys for its $10.9 billion semiconductor fabrication plant in Dholera. The Aaiji Group has already completed two real estate projects in the region, with two more under development.

(Realty Plus)

The Dholera Special Investment Region (SIR) in Gujarat is drawing annual investments of Rs 20-30 billion in real estate, with significant interest from investors in northern India, particularly from Punjab, Haryana, Delhi, Gurugram, and Noida, according to the Aaiji Group, an Ahmedabad-based developer. Jointly developed by the central and Gujarat governments, Dholera SIR is located about 100 km from Ahmedabad and is managed by Dholera Industrial City Development Ltd (DICDL), a special purpose vehicle. DICDL is owned 51% by the Gujarat government and 49% by the central government. Nearly 95% of the first-phase infrastructure has been completed, positioning the Dholera Smart City as an attractive investment destination. In June, Tata Electronics signed a collaboration agreement with semiconductor firm Synopsys for its $10.9 billion semiconductor fabrication plant in Dholera. The Aaiji Group has already completed two real estate projects in the region, with two more under development. (Realty Plus)

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