After going through a lot of planning by industry experts, the Dholera Smart City has stepped into its implementation stage. Things shall now be seen moving in this city and development is expected to be at a good pace here onwards.
The city has remained in focus ever since it has been declared as the first smart city to be developed in India. More emphasis has been received from the government since Dholera has been a dream city envisioned by our Hon’ble Prime Minister Mr. Modi.
An EPC contract has been awarded to L&T for construction of roads and services early this year. Rs. 1700 crores (Appx) were sanctioned by the central government towards this project. The ABCD complex has also entered construction stage. Cube Constructions Ltd. shall be responsible to ensure seamless completion of the same within set timelines.Trunk infrastructure work on 22.5 square kilometers activation area is also in progress. Rs. 2784 crores had been sanctioned for the same in the mid of the last year. This is expected to act as a catalyst towards development of Dholera smart city and attract investments from alternate source in the city.
Dholera SIR had become a prominent name in early 2015. Being close to an anonymouscity for a long time, the sudden fame was a major boost to the economy of the city. Suddenly, the ‘not so wealthy’ residents of Dholerawere presented with ample employment opportunities and were exposed to positive economic environment which could be used to turn their fortunes. Citizens of Dholera primarily earned their income through farming, most of which was done on saline land. However, with the city being declared as a smart city, a plethora of income earning opportunities knocked on their door. The real estate sector also saw a sudden boom and various reputed developers were seen acquiring vast lands in Dholera smart city to develop massive residential townships and other projects.
Besides attracting real estate developers, the city has also been successful in drawing investors across various key industries. An instrumental factor that shall boost up manufacturing and industrial set ups in Dholera is its being a special investment node on the Delhi-Mumbai Industrial corridor. This corridor shall be the manufacturing backbone of India in times to come and go a long way in bringing the economic ranking of India closer to its targeted figure. Dholera is envisaged to be the global trading and manufacturing hub in due course of time and is therefore expected to hold significant position in Indian economy.
By 2040, Dholera Smart city shall be completely functional and a place hosting 2 million people. Soon, the country’s first smart city shall be six times the size of Shanghai and probably world’s envy.