About Dholera Smart City Progress
If you are wondering about the current status of this much-awaited smart city, rest assured as you are definitely not the only one with such questions in mind. The maiden Indian smart city has not only intrigued Indians around the globe but has also been a cause of interest for international investors.
Dholera is believed to be a city of prospects. Other than being a perfect place for setting up manufacturing units and establishing industrial hubs, it has also become a profitable investment option for people interested in the real estate sector.
Real estate companies from every corner of the country have shown their interest in starting projects in this smart city. If you visit Dholera today, you will see construction activities taking place in all its corners.
Global investors have also begun to pile up on residential, industrial, and commercial properties in Dholera. According to experts, these foreign investors will hold those properties until they are offered a hefty amount for them. They shouldn’t find it difficult to get their desire for maximum profit difficult as many big industrialists are still waiting for their opportunity to grab properties in Dholera.
Most Indian investors are investing in this smart city with a mid-term vision. They are the ones who are following the progress of Dholera most keenly. Read through the pointers below to know about the current status of this special investment region.
- The construction of the city’s initial infrastructure has already begun. We should see the place become habitable within a year. According to experts, around 1 lakh people should thrive on the resources of Dholera SIR during the initial stage.
- Larsen & Toubro have won a Rs 1,734 crore Engineering, Procurement, and Construction (EPC) contract recently and started construction activities for services and roads.
- Another prestigious Indian enterprise Wipro Technology is serving as the project’s Information and Communications Technology (ICT) consultant. This has been one of the main reasons why so many investors have started believing that Dholera will turn out to be one of the most advanced smart cities in the world.
- As much as 8 square kilometres of industrial plots have been allotted to global defence suppliers. These companies will be using the plots primarily for constructing storage spaces for defence equipment. Other than that, some are also planning to build testing units. This decision regarding plot allotment was taken when Dholera was announced to be a potential aerospace hub.
- Dholera airport will be having a couple of runways and it is expected to have enough space to accommodate around 1200 passengers. This facility should also be ready within a year.
