DICDL finishes land auction in Dholera SIR

The Dholera Industrial City Development Limited (DICDL) has completed the first-ever land auction for a real estate plot in Dholera SIR. The competitive bid was won by the joint venture of Gap Associates, BMS Projects, and SUN Realty. DICDL is India?s Greenfield Industrial Smart City that boasts the largest land parcels in Southeast Asia. Expressing enthusiasm over the deal, a senior official of the Dholera SIR said, ?We are thrilled to announce a significant boost to social infrastructure through the successful completion of our first e-auction for a real estate plot. This marks a historic chapter in Dholera?s development, signifying an initial investment in the real estate sector. This success assures the necessary residential development for industries keen on establishing manufacturing units at Dholera.? ?A substantial 228 acres of land within the SIR region have been allocated for tourism & recreational activities, accelerating economic development and enhancing the region?s infrastructure,? he said.