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What Are The Benefits & Advantages Of Invest In Dholera SIR

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Dholera SIR is the biggest Greenfield Industrial City. It is planned & located around 100 km southwest of Ahmadabad Dholera Smart City has been developed in 920 Sq. Km, It covers 22 villages of the Dholera Taluka of Ahmadabad District. The Development Plan, taking into account the DMIC objectives and goals, should focus on creating and enabling an environment to protect local industries, enhance investment climate, improve quality of life, upgrade human skills, create world-class infrastructure and attract global investment. The expanse of Dholera SIR is bigger than a developed country like Singapore. Yes, it’s very much true and going to be one of the biggest things in India. Dholera will be the country’s first Greenfield smart city to get an IGBC rating. As we all know, Dholera city is going to be the first Indian smart city, numerous Indian and multinational companies are focusing on this city now. In terms of infrastructure, transportation, modern amenities, and developme...

India Builds Its Own 'Google Maps’: All You Need To Know

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The projects in this scheme will be scrutinized under three layers Many a time, we have seen newly constructed roads dug up to include new pipelines. One reason for this is the lack of centralized information which can guide these projects so that we can include the pipelines when roads are constructed to start with. Another common issue is a delay in centralized infrastructure projects, in addition to road construction. The Indian Government has come up with a new digital tool to tackle these issues, which is informally called ‘India's Google Map Infrastructure Development. In more formal terms, it is PM Gati Shakti National Master Plan for Connectivity, which is a digital tool that will help the government overcome these issues. How did this project materialise? Back in 2012, there were talks to bring about the Dholera Smart City project in Gujarat. However, there was no railway station within 40 km of the area. To overcome the issue, a digital map of Dholera and the surrou...

What Is DHOLERA SIR and How Does It Work?

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Dholera SIR is a Greenfield Industrial City planned and located approximately 100 km South West of Ahmedabad. The Government of Gujarat has created a legislative framework for the formation of a Special Investment Region Act 2009. Under the act, a regional development authority for DSIR has been established. The Dholera Special Investment Region Development Authority (DSIRDA) has the responsibility of planning and developing Dholera City and will encompass the function of administering government land within DSIR. An SPV named Dholera Industrial City Development Limited (DICDL) has been created between the Central Government (DMICDC Trust) and the State Government (DSIRDA) of Gujarat to implement the project. Delhi Mumbai Industrial Corridor Development Corporation Limited (DMICDC), a special-purpose company, was incorporated to establish, promote and facilitate the development of the DMIC Project. Spanning approximately 920 sq km, encompassing 22 villages of the Dholera Taluka i...

What are the benefits of living in Dholera SIR?

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Benefits of living in Dholera SIR: Dholera Smart City is one of the first smart cities in India. Located in Gujarat, it is being developed as a part of the Delhi-Mumbai Industrial Corridor (DMIC) project. The city will have a population of 1 million by 2040 and is expected to generate 1.2 million jobs. Some of the benefits of living in Dholera Smart City are: 1. The city will have a world-class infrastructure with all the modern amenities. 2. It will be a green and sustainable city with a focus on clean energy and efficient use of resources. 3. The city will have a digital backbone with high-speed connectivity and advanced technology infrastructure. 4. It will be an inclusive city with a wide range of social, economic, and cultural opportunities for all residents. 5. The city will be well-connected, with excellent transport links to the rest of India and the world. Benefits of living in Dholera SIR: How is Dholera Smart City being developed? The Dholera SIR project ...

Dholera Smart City Project - Dream Big - Act Big

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The Dholera project encompasses an area of 920 square kilometers and is being developed with the active support of the Gujarat government. Once completed it will be a megacity with 'uncompromised infrastructure and state-of-the-art technology. A brainchild of Prime Minister Narendra Modi, the Dholera Project is the perfect initiative to combat urbanization issues and a key investment option for all sorts of investors. An official in the know of things says that the Dholera project encompasses an area of 920 square kilometers and is being developed with the active support of the Gujarat government. The ‘dream project’ of PM Modi, the Dholera SIR (DSIR), technically took birth long before he became the Prime Minister. It will be developed as the megacity of ‘uncompromised infrastructure and state-of-the-art technology. It will be much larger than Singapore. The Gujarat government has plans to create 30,000 jobs within the two-three years at Dholera Smart City , Gujarat. “Th...

Why Did Maharashtra Lose Out on Vedanta's Chip Project to Gujarat?

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What Is the Vedanta-Foxconn Semiconductor Project? Vedanta had formed a partnership with electronics giant Foxconn in a 60:40 joint venture to manufacture a semiconductor fabrication ecosystem in India. Semiconductor chips, or microchips, are essential pieces of many digital consumer products – from cars and mobile phones to ATM cards. The company had been holding discussions with the Maharashtra government over the last few months to set up the plant. What Subsidies Was the Maharashtra Govt Offering? As per documents of the state's industries department, the Maharashtra government had offered an “extremely lucrative incentive package” to the company, The Indian Express reported. Several other incentives were also announced, such as: ·          A power tariff subsidy of Rs 1/unit ·          Support to Vedanta to manufacture a 750 megawatt solar power plant ·      ...

Why Investing in Property is a Good Idea

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Real estate has the potential to deliver very high returns in the long run. It can provide a steady cash flow and enjoys several tax benefits. Here are some of the many advantages that real estate offers over other investment classes. Steady source of income Demand for rental housing is rising. With offices opening up, Rental Index mirrors this trend in the second quarter of 2022. Rental housing demand has grown 29.4% q-o-q and 84.4% y-o-y, while average rents have risen 8.4% q-o-q in the April-June quarter. This demand is expected to increase in coming years, making rental units a steady income source. Real estate is also an effective tool against capital loss if the purchasing power of the currency depreciates due to inflation or other macroeconomic trends. RBI data shows that property rates increased by an average of 15.1% across the major cities between 2011 and 2021, well above the inflation rates which averaged at 6.15% during this period. Despite hiccups like the global fina...