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

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

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.

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.

Related Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code