Dholera Special Investment Region (SIR) in Gujarat continues to emerge as a prominent investment hub, attracting an impressive ₹2,000-3,000 crore annually in real estate investments. This influx primarily stems from investors in North India, reflecting growing confidence in the region’s potential.
Situated approximately 100 kilometres from Ahmedabad, Dholera SIR is a significant development project spearheaded by a partnership between the central and Gujarat state governments. The project is managed through Dholera Industrial City Development Ltd (DICDL), a special purpose vehicle established in 2016. The Gujarat government holds a 51% stake in DICDL, with the remaining 49% owned by the central government. According to a statement from Aaiji Group, a prominent realty developer, the majority of the investments are directed towards acquiring land and plots. Investors from Punjab, Haryana, Delhi, Gurugram, and Noida are particularly active, contributing substantially to the region’s real estate market. The founder of Aaiji Group noted that these investors are seeing substantial returns on their early-stage investments, with the promise of further growth as the project progresses.
The Dholera SIR project, part of the Delhi-Mumbai Industrial Corridor, has seen significant infrastructure development. The Gujarat government has already completed approximately 95% of the first phase infrastructure, laying a solid foundation for future growth. The Dholera Smart City initiative is poised to offer lucrative opportunities for prospective investors. In a notable development earlier this year, Tata Electronics signed a preliminary agreement with Synopsys, a California-based semiconductor design firm. This collaboration will see Synopsys’ technology integrated into Tata Electronics’ upcoming ₹10.9 billion semiconductor fabrication plant, located in Dholera. Additionally, Aaiji Group has successfully completed two real estate projects in Dholera SIR—Aaiji Airport Villa and Aaiji Residency—with two more projects currently under construction. These developments underscore the region’s rising profile as a key investment destination.
