Dholera Special Investment Region (SIR) in Gujarat is witnessing an influx of fresh investments ranging from ₹2,000 to ₹3,000 crore annually in realty assets. This trend, primarily driven by investors from North India, signifies growing confidence in the Dholera project, as noted by a leading realty developer.

Dholera SIR, located approximately 100 km from Ahmedabad, is a significant initiative being jointly developed by the central and Gujarat governments through a special purpose vehicle, Dholera Industrial City Development Ltd (DICDL). Established in 2016, DICDL is owned 51% by the Gujarat government and 49% by the central government.

According to the Ahmedabad-based Aaiji Group, the bulk of the investments is concentrated in land and plots, predominantly from investors in Punjab, Haryana, Delhi, Gurugram, and Noida. Lalit Parihar, founder of Aaiji Group, highlighted that the region is attracting annual investments of around ₹2,000 to ₹3,000 crore, driven by the potential for lucrative returns on early-stage investments in Dholera SIR. This area is part of the Delhi-Mumbai Industrial Corridor, which further enhances its appeal.

The developer noted that around 95% of the first phase of infrastructure development for Dholera SIR has already been completed by the Gujarat government. This significant progress indicates a solid foundation for future growth, making Dholera Smart City an attractive proposition for potential investors.

In addition to realty investments, Dholera SIR is also becoming a hub for high-tech industries. In June, Tata Electronics announced an initial agreement with California-based semiconductor design and engineering firm Synopsys to collaborate on various technological aspects. This partnership will leverage Synopsys’ offerings in Tata Electronics' upcoming ₹10.9 billion semiconductor fabrication plant in Dholera, underscoring the region's importance in the semiconductor sector.

Aaiji Group has made strides in the real estate market within Dholera SIR, having completed two significant projects: Aaiji Airport Villa and Aaiji Residency. Furthermore, the group is currently developing two additional realty projects, reflecting their commitment to capitalizing on the growing opportunities in the region.

The consistent flow of investments and the ongoing infrastructure development indicate that Dholera SIR is poised for substantial growth. The convergence of real estate development and high-tech industry investments positions Dholera as a critical player in India’s economic landscape, particularly as the government emphasizes smart city initiatives and industrial corridors.

Overall, Dholera SIR stands out as a promising destination for investors looking to capitalize on its strategic location and robust infrastructure, further solidifying its role in shaping the future of urban and industrial development in India.