First-ever land auction for a real estate plot in Dholera SIR

01 Dec 2023 CW Team

Dholera Industrial City Development (DICDL) achieved a significant milestone by completing the first-ever land auction for a real estate plot in Dholera Special Investment Region (DSIR). The competitive bid is won by the joint venture of Gap Associates, BMS Projects and SUN Realty Partnership. DICDL is India's first platinum-rated Greenfield Industrial Smart City, with the largest land parcels in Southeast Asia. The Dholera Special Investment Region (DSIR) is a major Greenfield Industrial Hub about 100 km south of Ahmedabad and 130 km from the state capital Gandhinagar.

The project will be the first initiative from National Industrial Corridor Development Corporation (NICDC) to create a linear zone of industrial clusters to be developed in the Western Dedicated Freight Corridor (DFC). A Dholera SIR senior official said, “This marks a historic chapter in Dholera's development, representing an initial investment in the real estate sector. A significant 228 acres of land within the SIR region have been dedicated to tourism and recreational activities, which will accelerate economic development and further boost the region’s infrastructure.”

In the past, Dholera SIR accomplished the first successful land auction of a hotel plot. DSIR has been planned over an extensive area of land measuring approximately 920 sq km and encompassing 22 villages of Dholera taluka in Ahmedabad, which will be by far the largest of investment nodes planned in the DMIC region. It is strategically located between the industrial cities of Vadodara, Ahmedabad, Rajkot, Surat and Bhavnagar. The nearest international airport is at Ahmedabad and the Government of Gujarat through the Dholera International Airport Company (DIACL) plans to develop another international airport. NICDC with DSIRDA support plans to create a new-age city with world class infrastructure. It aims to have a sustainable urban transportation system with connectivity with neighbouring cities and the rest of the country.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..