As you know, Dholera in Gujarat is the latest addition to the real estate hunting kit. It’s awesome class amidst mediocrity and humble footings have propelled builders of all hues and colors to pitch for their share of humble pie. Dholera, which is situated in Gujarat and is very near to Ahmedabad, has become a preferred location for viable investors in real estate. Building properties is easy here because of an affordable and crisp property market.
Market narrative
Currently, the average price of sales of flats in Dholera begins from Rs 1750 to Rs 2600 per square feet. The demarcation depends upon the handy and usable space of property, floors, finishing and availability of civic amenities and facilities in the concerned complex. You also have auxiliary property features in this juncture. Its nearness to Ahmedabad, location on the NH8 and the latest residential and infrastructural developments make it a rewarding investment Opportunities in Dholera. Considering fresh industry anticipations, the new projects also bolster the market movement in this peripheral region of NCR.
Important projects
One of the key infrastructural projects that will impact the place’s real estate fortunes to a huge extent is the DMIC (Delhi-Mumbai Industrial Corridor). With the project spanning between Mumbai and Delhi via Dholera (Ahmedabad) at a rapid speed, Investment in Dholera, which is located within the corridor, is also experiencing a facelift in the context of housing demand. Prospective buyers discern the extent and magnitude of job opportunities and price appreciation that this concerned corridor will potentially bring with it. In addition to this, you have ancillary complementary projects (infrastructure), which are currently undergoing planning. These include projects like the Greenfields International Airport, which is slated to be located along the busy Delhi-Jaipur highway.
More off the hook
The market is expectedly buoyant since investors have perceived the expansion and expansiveness the projects are causing. Another pivotal project that is anticipated to fuel buyers’ sentiments in a viable manner is the elevated Delhi-Jaipur highway and the highway from Delhi-Jaipur. Presently, it takes 40 minutes to reach Ahmedabad from Dholera. With the concretization of this proposed highway, you would be able to cover the same distance within 20 minutes. In hindsight, many professionals employed in Ahmedabad are looking for an alternative sojourn, which would help them spill over to Dholera in practically no time.
What the town offers
Currently, most of the Investment in Dholera fall within a budget range of Rs 38-Rs 82 lakh. This is a tough and rare availability in the more expensive Ahmedabad. For those with limited financial resources, Dholera is definitely a feasible and viable alternative for prospective investors. It also happens to be the commercial district of the country’s capital.
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