Dholera investment regions sees 10-fold jump in land prices over a decade, say developers
The
Dholera Special Investment Region
(SIR) in Gujarat, envisioned as a smart industrial city under the
Delhi-Mumbai Industrial Corridor
(DMIC), has witnessed a tenfold increase in
land prices
over the past decade, driven by growing investor interest and rapid
infrastructure development
, according to local developers.
'Prices per square yard across various Town Planning (TP) Schemes in the Dholera region have increased to a high of Rs 7,000 to Rs 10,000,' said Lalit Parihar, Founder and Managing Director of Dholera-based developer Aaiji Group, citing available industry data. In other TP schemes, land prices currently range from Rs 3,000 to Rs 7,000 per square yard, reflecting a tenfold rise over the last 10 years, he added as quoted by PTI.
The region's transformation is being accelerated by major infrastructure projects nearing completion, including the Ahmedabad-Dholera Expressway and the upcoming international cargo airport, both expected to be operational in 2025.
'The 109-kilometer expressway is progressing rapidly, and projects like the Bhimnath-Dholera broad-gauge rail line and the Vande Metro will significantly enhance connectivity in the region,' said Ruturajsinh Chudasma, Partner at Dholera-based Infinity Infracon.
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'With infrastructure now visible on the ground, investor confidence is at an all-time high. The growth in land prices is a reflection of this shift. This data further reinforces Dholera's emergence as a high-potential real estate destination,' Parihar said.
Dholera SIR is steadily positioning itself as a major investment hub, already attracting over 100 companies. Among the most significant investments is
Tata Electronics
' Rs 91,000 crore semiconductor project, underscoring the region's strategic importance and long-term growth potential.
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