Location and Connectivity

Dholera Special Investment Region (DSIR) sits in Gujarat's Ahmedabad district. It's found between prominent industrial cities like Ahmedabad, Baroda, Rajkot, and Bhavnagar. Moreover, it links well to Delhi and Mumbai via NH8 and the Delhi-Mumbai Industrial Corridor (DMIC).

Infrastructure and Development

• Dholera SIR takes up around 920 sq km, housing 22 villages from the Dholera Taluka.
• Plans call for making it a new, eco-friendly smart city, complete with top-tier infrastructure; a Central Spine Expressway, a Metro Rail, an international airport, and a sea port.
• We'll see several zones dedicated to industry, logistics, knowledge & IT, recreation & sports, and entertainment.

Real Estate Market

Property Prices

• Properties in Dholera begin around Rs. 833 per sq ft. On average, they're priced at Rs. 3,000 for every square foot. The most expensive ones can hit up to Rs. 8,041 per sq ft.
• The land prices are in the Rs 600-1200 range per sq ft.

Price Trends

• Property rates in Dholera climbed up by 72.99% last year and surged up by 114.3% over the last decade.
• Land prices grew by 60% in the past year. They went up 60% over last 3 years too and shot up by 128.6% in the last decade.

Investment Opportunities

• Dholera offers residential choices like plots, flats, villas, and bungalows. These are spread over 500 acres and are in numerous phases.
• It draws both commercial and residential investors due to its low-cost properties compared to other mega cities.

Government Support and Funding

• Dholera SIR, a huge project under the DMIC, enjoys strong government backing and investment, promising quick growth along with infrastructure development.
• A funding start-up of Rs. 3,000 crore has been secured from the government to pull in FDI and private investors.

Sustainability and Amenities

• Dholera SIR plans to feature the biggest 5000MW solar park in the country. This will meet commercial and industrial demands with clean energy.
• Additionally, the city will have premium civic amenities, a nature park, a golf course, and it will enjoy benefits from its coastal location.

PropertyWala's Conclusion

Dholera SIR looks like a smart real estate investment bet, given its strategic spot, significant infrastructure advances, and robust support from the government. Its fast growth, affordable property rates, and potential high returns make it appealing for both long-term and quick investments. With a mix of residential, commercial, and industrial possibilities, Dholera SIR stands to become a major player in India’s real estate sector.