India >> Gujarat

Dholera SIR emerges as a major hub, attracting INR 3,000 crore in investments

Synopsis

Dholera Special Investment Region (SIR) in Gujarat is emerging as a major destination for real estate investors, drawing annual investments between INR 2,000-3,000 crore primarily from north Indian regions like Punjab, Haryana, Delhi, Gurugram, and Noida. The project is being developed through a joint initiative between the Centre and Gujarat state government and is managed by DICDL. The project is nearing completion of its first phase, which has boosted investor confidence. The partnership between Tata Electronics and Synopsys for a semiconductor plant in Dholera further highlights the area's potential as a future hub for technological and industrial development.

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Dholera Special Investment Region (SIR) in Gujarat is seeing a significant rise in real estate investments, attracting INR 2,000-3,000 crore annually. Investors from north India, including Punjab, Haryana, Delhi, Gurugram, and Noida, are particularly active in buying land and plots in the area. The project, located about 100 km from Ahmedabad, is a collaborative effort between the central and Gujarat state governments, managed by DICDL (Dholera Industrial City Development Ltd). Established in 2016, DICDL is jointly owned, with Gujarat holding a 51 percent share and the central government holding 49 percent.

The infrastructure for the first phase of the project is nearly complete, with about 95 percent finished, making the region more attractive to investors. Recently, Tata Electronics has partnered with Synopsys, a U.S.-based semiconductor design firm. This partnership will involve using Synopsys' technology in Tata Electronics' upcoming USD 10.9-billion semiconductor plant in Dholera.

Locally, the Aaiji Group has completed two major real estate projects, Aaiji Airport Villa and Aaiji Residency, and is working on two more projects in the area. Overall, Dholera SIR is becoming an important investment hub, with ongoing infrastructure development, major corporate investments, and growing interest from real estate investors.

Dholera Special Investment Region (SIR) in Gujarat is rapidly emerging as a significant investment hub, attracting INR 2,000-3,000 crore annually, particularly from investors in north India. The nearly complete infrastructure of the project's first phase and substantial corporate investments, such as Tata Electronics' partnership with Synopsys for a USD 10.9-billion semiconductor plant, enhance its appeal. Local developments by the Aaiji Group further underscore the area's growing real estate potential. Dholera SIR's strategic location, robust infrastructure, and active investor interest position it as a key player in India's economic landscape.

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