Dholera smart city is the city of Dholera SIR, Gujarat. The region encompasses 22 villages and shall be spread over 920 square kilometers. With a special focus from the government, it seems that the city shall emerge smarter than Davanegere. Dholera SIR has received Rs. 3,000 crore while Davanegere shall be allotted Rs.100 crore as development fund by the central government, which shall affect the development pace likewise. Besides, the property valuation in Dholera is very cheap compared to Davanegere which makes the former a value proposition for investors. Those investing in Dholera are likely to reap hefty returns on investments within short span of time due to the surge in economic opportunities in the region ever since it has been declared as India’s first smart city. Its nearness to the DMIC corridor makes it a proposed global trading and manufacturing hub which is attracting various manufacturing giants and multinationals to the region, thus accelerating development further. The smart infrastructure of Dholera SIR is at nascent stage as opposed to that in Davanegere. This shall make it relatively easier for architects and developers to shape it as per smart city protocol. However with the existing infrastructure of Davanegere, designers and architects shall have a difficult time incorporating all the smart city elements within. By all that is mentioned above and various other macro and micro economic factors, Dholera shall eventually emerge as the smartest city of India.
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The plots in Dholera Smart City are being featured as the best investment options across the country in the real estate markets. Credit goes to undervalued prices, high availability and the returns that are being anticipated in mid-long term period. Dholera SIR was once a hideous little town in the mighty state of Gujarat known by very few, However the fate has turned around as the central government decided to make it as a smart city; the first smart city of India. The biggest and only Greenfield project in the country, Dholera SIR shall span a massive 920 square kilometers. The city shall encompass 22 villages and shall consist of six town planning schemes, all of which has been approved by the central government. A plethora of real estate investment options are available in the city with various reputed builders and developers working towards making it a residential paradise. One such realty firm that is offering plots in Dholera Sir and apartments of varied sizes in the city is Smart Homes Infrastructure Ltd. Smart Homes, a visionary Real estate and Infrastructural company based in New Delhi, plans to develop 1 million homes in India in line with Central government’s vision. Smart Homes plans to develop these homes in 100 Smart Cities and 500 AMRUT cities of India in a phased manner by 2050. The organization has developed two residential housing projects in Dholera that has many options to choose from. Besides purchasing bungalows, villas, apartments and plots in Dholera, Smart Homes also offers commercial, agricultural and industrial land in the city. There are many other developers such as Aamani Group, Varada developers, Shyam Group,etc. through whom investors may purchase lien free land and homes in Dholera. Let us understand what makes plots in Dholera a lucrative option for investors:-
Dholera is going to be the fastest developing city of India and one that shall be brimming with economic and employment opportunities moving forward. Therefore, any investment made in the city including buying plots in Dholera should be strongly considered by investors to obtain maximum returns. Dholera Smart city is a massive residential township project being developed in greater Dholera SIR by Smart Homes Infrastructure Pvt Ltd., the Indian arm of Singapore based real estate giant Smart Infrastructure PTE Limited. Dholera SIR and Greater Dholera have been the most talked about city in the real estate realm off late. This is owing to its vast development plans and huge potential that the India’s first smart city offers. The land valuation in the region can easily be termed cheap given their current prices. However the scenario is changing by the day and the property markets of the city is on the verge of price explosion. The rapid appreciation of land and property can be attributed to the emphasis the region is getting from the central government and great clarity in the development policies and processes. Besides, the region is being perceived as a global trading and manufacturing hub and shall see a splurge in economic activities in times to come. Another factor that makes the place an awesome investment option is its exemplary connectivity with nearby and distant cities and with the rest of the world. Smart Homes thus grabbed the opportunity to develop a world class residential township- Dholera Smart City in Greater Dholera. Dholera Smart City shall befit people from all classes through its mix of residential plots, smart apartments, opulent bungalows and magnificent villas. The project shall share proximity with the Dholera international airport and shall be mainly developed in the outer circle of Dholera SIR. It shall be well connected locally and globally by all routes which includes its close connectivity through Fedra-Pipali Highway, 10 lane expressway, international airport and metro rail. Dholera Smart city shall be launched in ten different phases over a five years term. In each phase of the project, ten residential townships shall be developed across ten different sites which means that within a short span of time, 100 remarkable townships spread across 100 varied locations shall grace the map of Greater Dholera. Soon, the project shall be the new face of Dholera real estate sphere. The phase one of the project has recently been launched and boasts of unique features and amenities that shall elevate the standard of living for those dwelling within. Lifestyle amenities include state-of-art clubhouse, outdoor tennis court, cycling and jogging track, private terrace/garden, swimming pool, kids play area, beautifully landscaped gardens and many others. Other facilities include 24*7 security, power back-up, reserved and guest parking space, rain water harvesting, etc. The project is a great choice for those who are looking for their dream home as well for the ones who are in search for an excellent investment option. Our locational advantage, robust infrastructure and well planned townships gives us an edge over the others making us the preferred real estate brand. After going through a lot of planning by industry experts, the Dholera Smart City has stepped into its implementation stage. Things shall now be seen moving in this city and development is expected to be at a good pace here onwards. The city has remained in focus ever since it has been declared as the first smart city to be developed in India. More emphasis has been received from the government since Dholera has been a dream city envisioned by our Hon’ble Prime Minister Mr. Modi. An EPC contract has been awarded to L&T for construction of roads and services early this year. Rs. 1700 crores (Appx) were sanctioned by the central government towards this project. The ABCD complex has also entered construction stage. Cube Constructions Ltd. shall be responsible to ensure seamless completion of the same within set timelines.Trunk infrastructure work on 22.5 square kilometers activation area is also in progress. Rs. 2784 crores had been sanctioned for the same in the mid of the last year. This is expected to act as a catalyst towards development of Dholera smart city and attract investments from alternate source in the city. Dholera SIR had become a prominent name in early 2015. Being close to an anonymouscity for a long time, the sudden fame was a major boost to the economy of the city. Suddenly, the ‘not so wealthy’ residents of Dholerawere presented with ample employment opportunities and were exposed to positive economic environment which could be used to turn their fortunes. Citizens of Dholera primarily earned their income through farming, most of which was done on saline land. However, with the city being declared as a smart city, a plethora of income earning opportunities knocked on their door. The real estate sector also saw a sudden boom and various reputed developers were seen acquiring vast lands in Dholera smart city to develop massive residential townships and other projects. Besides attracting real estate developers, the city has also been successful in drawing investors across various key industries. An instrumental factor that shall boost up manufacturing and industrial set ups in Dholera is its being a special investment node on the Delhi-Mumbai Industrial corridor. This corridor shall be the manufacturing backbone of India in times to come and go a long way in bringing the economic ranking of India closer to its targeted figure. Dholera is envisaged to be the global trading and manufacturing hub in due course of time and is therefore expected to hold significant position in Indian economy. By 2040, Dholera Smart city shall be completely functional and a place hosting 2 million people. Soon, the country’s first smart city shall be six times the size of Shanghai and probably world’s envy. |
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January 2021
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