Latest news with #LalitParihar
India.com
18-05-2025
- Business
- India.com
10 times return in 10 years; this Indian city has become new hotspot for real estate, not Noida, Gurugram, Mumbai, name is...
(AI image) New Delhi: The Dholera Special Investment Region (DSIR) in Gujarat, which is a planned smart city developed under the Delhi-Mumbai Industrial Corridor, has seen a nearly tenfold increase in land prices over the past decade due to increased interest from investors. According to Lalit Parihar, founder and MD of IG Group, available data shows that land prices in Dholera under the Town Planning (TP) schemes have risen from 700 rupees per square yard to now 7,000-10,000 rupees per square yard. In other town planning schemes, rates have also reached 3,000 to 7,000 rupees per square yard, which is clear evidence of a tenfold increase in land prices over the past 10 years. According to Rituras Singh Chudasama, a partner at Infinity Infracon located in Dholera, major infrastructure projects such as the international cargo airport and the Ahmedabad-Dholera expressway will become operational by 2025, which will accelerate Dholera's development. Developers indicate that the 109 km long expressway is being constructed rapidly. Meanwhile, projects like the Bhimanath-Dholera broad gauge railway line and the Vande Metro will further enhance connectivity. Lalit Parihar noted that now, as these infrastructures are becoming visible on the ground, investors' confidence has reached high levels, and the rising land prices are a reflection of this confidence. This figure further supports Dholera's emergence as a high-potential real estate destination. Dholera SIR is rapidly emerging as a major investment hub, attracting investments from over 100 companies, including Tata Electronics' Rs 91,000 crore semiconductor project. Dholera Special Investment Region (SIR), also known as Dholera Smart City, is a planned greenfield industrial and smart city being developed by Dholera Industrial City Development Limited (DICDL) and aims to be a major manufacturing and trading hub.
Time of India
17-05-2025
- Business
- Time of India
Dholera investment regions sees 10-fold jump in land prices over a decade, say developers
Representative image 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. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo '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. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hindustan Times
17-05-2025
- Business
- Hindustan Times
Dholera special investment region sees 10 times rise in land prices in 10 years, say developers
(PTI) Dholera Special Investment Region in Gujarat, a planned smart city under the Delhi-Mumbai Industrial Corridor, has seen around 10 times appreciation in land prices in the past decade on increased interest from investors, say developers. As per available industry data, prices per square yard across various Town Planning (TP) Schemes in the Dholera region have increased to a high of ₹7,000 to ₹10,000, Lalit Parihar, the founder and Managing Director of Dholera-based developer Aaiji Group, said. Prices vary from ₹3,000 to ₹7,000 per square yard for other TP schemes, showing 10 times growth in the past 10 years, Parihar said. Also Read: GIFT City liquor permit rules eased; Real estate developers say move to attract investments Major infrastructure projects like the international cargo airport and the Ahmedabad-Dholera Expressway, both set to become operational in 2025, are poised to accelerate Dholera's development, another Dholera-based developer Ruturajsinh Chudasma, Partner, Infinity Infracon, said. The 109-kilometer expressway is advancing swiftly, while projects like the Bhimnath-Dholera broad-gauge rail line and Vande Metro will further boost regional connectivity, the developers said. '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 ISR is rapidly emerging as a prime investment hub attracting investment from more than 100 companies, including Tata Electronics' ₹91,000 crore semiconductor project.
