First-ever land auction for a real estate plot in Dholera SIR
Company News

First-ever land auction for a real estate plot in Dholera SIR

Dholera Industrial City Development (DICDL) achieved a significant milestone by completing the first-ever land auction for a real estate plot in Dholera Special Investment Region (DSIR). The competitive bid is won by the joint venture of Gap Associates, BMS Projects and SUN Realty Partnership. DICDL is India's first platinum-rated Greenfield Industrial Smart City, with the largest land parcels in Southeast Asia. The Dholera Special Investment Region (DSIR) is a major Greenfield Industrial Hub about 100 km south of Ahmedabad and 130 km from the state capital Gandhinagar.  

The project will be the first initiative from National Industrial Corridor Development Corporation (NICDC) to create a linear zone of industrial clusters to be developed in the Western Dedicated Freight Corridor (DFC). A Dholera SIR senior official said, “This marks a historic chapter in Dholera's development, representing an initial investment in the real estate sector. A significant 228 acres of land within the SIR region have been dedicated to tourism and recreational activities, which will accelerate economic development and further boost the region’s infrastructure.”

In the past, Dholera SIR accomplished the first successful land auction of a hotel plot. DSIR has been planned over an extensive area of land measuring approximately 920 sq km and encompassing 22 villages of Dholera taluka in Ahmedabad, which will be by far the largest of investment nodes planned in the DMIC region. It is strategically located between the industrial cities of Vadodara, Ahmedabad, Rajkot, Surat and Bhavnagar. The nearest international airport is at Ahmedabad and the Government of Gujarat through the Dholera International Airport Company (DIACL) plans to develop another international airport. NICDC with DSIRDA support plans to create a new-age city with world class infrastructure. It aims to have a sustainable urban transportation system with connectivity with neighbouring cities and the rest of the country.

Dholera Industrial City Development (DICDL) achieved a significant milestone by completing the first-ever land auction for a real estate plot in Dholera Special Investment Region (DSIR). The competitive bid is won by the joint venture of Gap Associates, BMS Projects and SUN Realty Partnership. DICDL is India's first platinum-rated Greenfield Industrial Smart City, with the largest land parcels in Southeast Asia. The Dholera Special Investment Region (DSIR) is a major Greenfield Industrial Hub about 100 km south of Ahmedabad and 130 km from the state capital Gandhinagar.  The project will be the first initiative from National Industrial Corridor Development Corporation (NICDC) to create a linear zone of industrial clusters to be developed in the Western Dedicated Freight Corridor (DFC). A Dholera SIR senior official said, “This marks a historic chapter in Dholera's development, representing an initial investment in the real estate sector. A significant 228 acres of land within the SIR region have been dedicated to tourism and recreational activities, which will accelerate economic development and further boost the region’s infrastructure.”In the past, Dholera SIR accomplished the first successful land auction of a hotel plot. DSIR has been planned over an extensive area of land measuring approximately 920 sq km and encompassing 22 villages of Dholera taluka in Ahmedabad, which will be by far the largest of investment nodes planned in the DMIC region. It is strategically located between the industrial cities of Vadodara, Ahmedabad, Rajkot, Surat and Bhavnagar. The nearest international airport is at Ahmedabad and the Government of Gujarat through the Dholera International Airport Company (DIACL) plans to develop another international airport. NICDC with DSIRDA support plans to create a new-age city with world class infrastructure. It aims to have a sustainable urban transportation system with connectivity with neighbouring cities and the rest of the country.

Next Story
Infrastructure Transport

Leh Airport Goes Green

Leh Kushok Bakula Rinpoche Airport is set to become India’s first airport powered by geothermal and solar energy, marking a significant milestone in sustainable aviation. This initiative, undertaken at an estimated cost of Rs 6.50 billion, aligns with efforts to transform Ladakh into a carbon-neutral region. With airports being major energy consumers, this project represents a crucial step toward reducing carbon emissions in aviation infrastructure.  The airport’s innovative approach involves replacing conventional air-conditioning systems with underfloor heating using geothermal..

Next Story
Infrastructure Urban

CCI Clears Tata Sons' Additional Stake Buy in Tata Play from Baytree

The Competition Commission of India has approved the acquisition of certain additional shareholding in Tata Play (Tata Play) by Tata Sons (Tata Sons) from Baytree Investments (Mauritius).The Proposed Combination involves the acquisition of 10% shareholding in Tata Play by Tata Sons.Tata Sons is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a “Systemically Important Non-Deposit Taking Core Investment Company”.Tata Play, formerly known as Tata Sky, is one of India’s leading content distribution platforms pro..

Next Story
Infrastructure Urban

DARPG Releases 31st CPGRAMS Report for February 2025

The Department of Administrative Reforms and Public Grievances (DARPG) has released the 31st monthly report on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) for States and Union Territories (UTs) for February 2025. The report provides insights into the volume of grievances received, disposal rates, and major grievance categories across different states and UTs. Key Highlights from the Report Grievance Statistics: A total of 52,464 grievances were received in February 2025. 50,088 grievances were redressed during the month. As of 28th February 2025, the total pen..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?