$Aaiji Group announces Joint Venture with Infinity Infracon$

Aaiji Group announces Joint Venture with Infinity Infracon

29 Jan 2025 CW Team

The joint venture’s inaugural project is coming up in Kadipur Village, Dholera where it aims to develop a housing scheme on a 10,809 sq meter NA land. The project is estimated to be completed within next 2-3 years. Building on the success of the first project, entities aim to explore new opportunities in Dholera, a region brimming with immense potential for future growth.

Dholera is emerging as a preferred destination for industries and investors, with over 100 companies already establishing their presence. The city is also emerging as India’s hub for semiconductor manufacturing and advanced urban planning, setting a benchmark for sustainable development. Landmark investments, such as Tata Electronics' $10.9 billion semiconductor plant, highlight the region's growth and the rising demand for premium residential and commercial spaces.

Lalit Parihar, Managing Director, Aaiji Group said, “Dholera SIR is not just a smart city—it's a blueprint for India's future growth. This joint venture marks a significant milestone in our journey to shape Dholera into a thriving residential and commercial hub. By leveraging our expertise in real estate development and Infinity Infracon’s strategic land partnership, we aim to deliver projects that align with the region’s vision as a smart city and industrial powerhouse.”

Dholera’s rise aligns with Gujarat’s Tri-city model of Ahmedabad, GIFT City, and Dholera, akin to Abu Dhabi, Dubai, and Sharjah, showcasing immense growth potential. The city is emerging as India’s hub for semiconductor manufacturing and advanced urban planning, setting a benchmark for sustainable development. Key growth drivers, including a Greenfield carbo and passenger airport, the DMIC Corridor, and significant industrial investments, are positioning Dholera as a premier destination for industries and businesses. Upcoming infrastructure projects like the Ahmedabad-Dholera Expressway in 2025 and Gujarat’s first Vande Metro will further enhance connectivity.

Ruturajsinh Chudasma, Partner, Infinity Infracon: “We are excited to collaborate with Aaiji Infraspace on this transformative project. This project aligns with the Dholera SIR’s vision under the Delhi-Mumbai Industrial Corridor (DMIC), emphasizing robust infrastructure and smart city features. With Dholera’s rapid industrialization and the government’s focus on infrastructure, our joint venture is well-positioned to cater to the growing demand for premium residential and commercial spaces. We are eager to undertake more projects with Aaiji Group in Dholera, recognizing immense potential for growth in the future.”

Aaiji Group entity, Aaiji Infraspace (OPC), and one of Gujarat's leading and most prominent real estate developers in Dholera has entered into a strategic joint venture with Infinity Infracon to spearhead residential and commercial development in activation area of Dholera Special Investment Region (SIR). The joint venture aims to execute projects worth Rs 2 billion in a phased manner catering to the growing demand for high-quality infrastructure in this emerging industrial and smart city hub. The joint venture’s inaugural project is coming up in Kadipur Village, Dholera where it aims to develop a housing scheme on a 10,809 sq meter NA land. The project is estimated to be completed within next 2-3 years. Building on the success of the first project, entities aim to explore new opportunities in Dholera, a region brimming with immense potential for future growth. Dholera is emerging as a preferred destination for industries and investors, with over 100 companies already establishing their presence. The city is also emerging as India’s hub for semiconductor manufacturing and advanced urban planning, setting a benchmark for sustainable development. Landmark investments, such as Tata Electronics' $10.9 billion semiconductor plant, highlight the region's growth and the rising demand for premium residential and commercial spaces. Lalit Parihar, Managing Director, Aaiji Group said, “Dholera SIR is not just a smart city—it's a blueprint for India's future growth. This joint venture marks a significant milestone in our journey to shape Dholera into a thriving residential and commercial hub. By leveraging our expertise in real estate development and Infinity Infracon’s strategic land partnership, we aim to deliver projects that align with the region’s vision as a smart city and industrial powerhouse.” Dholera’s rise aligns with Gujarat’s Tri-city model of Ahmedabad, GIFT City, and Dholera, akin to Abu Dhabi, Dubai, and Sharjah, showcasing immense growth potential. The city is emerging as India’s hub for semiconductor manufacturing and advanced urban planning, setting a benchmark for sustainable development. Key growth drivers, including a Greenfield carbo and passenger airport, the DMIC Corridor, and significant industrial investments, are positioning Dholera as a premier destination for industries and businesses. Upcoming infrastructure projects like the Ahmedabad-Dholera Expressway in 2025 and Gujarat’s first Vande Metro will further enhance connectivity. Ruturajsinh Chudasma, Partner, Infinity Infracon: “We are excited to collaborate with Aaiji Infraspace on this transformative project. This project aligns with the Dholera SIR’s vision under the Delhi-Mumbai Industrial Corridor (DMIC), emphasizing robust infrastructure and smart city features. With Dholera’s rapid industrialization and the government’s focus on infrastructure, our joint venture is well-positioned to cater to the growing demand for premium residential and commercial spaces. We are eager to undertake more projects with Aaiji Group in Dholera, recognizing immense potential for growth in the future.”

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