Dholera smart city is the maiden smart city of India. Located in the dynamic state of Gujarat, the city is the brainchild of Mr. Modi and enjoys complete support from the central government. This is evident from the enormous funding that has been sanctioned to the city right since conceptualization.
While the other smart cities shall be entitled to Rs. 2,000 crore of initial funding, Dholera smart city shall receive Rs. 5,400 crores for initial development.
This amount has been divided further as below:
Rs. 3,000 crore (appx) – For construction of trunk infrastructure component
Rs, 1,700 crores- For construction of Dholera international airport
Rs. 1,700 crores – For development of roads and services (tender awarded to L&T)
Besides the above, the city has full potential for private sector participation and is expected to attract huge investment from Indian and foreign investors. The city has also become a favorite investment destination for property onlookers as many of them are seen buying multiple properties to be sold at a later date. Substantial property price appreciation is expected over short-midtermowing to the great economic potential the city promises. Investors are also showing interest in buying residential plots in Dholera to be sold later. Dholera’s undervalue property prices also serve as a factor that attracts investors and makes property deals in the city a value proposition.
Dholera smart city shall receive logistic support for its economic activities from the Delhi-Mumbai Dedicated Freight Corridor. The corridor shall be supported efficiently through a robust rail and road network for easy movement of raw materials and finished goods to and from form the city. The city shall also be linked PAN India and on international front through its well-planned network of six lane expressway, roads, railways, Dholera
international airport and port. The city enjoys added advantage of being near the Gujarat International Finance City (GIFT) and Petro-chemicals and Petroleum Inv. Region (PCPIR).
Mega industrial parks and knowledge parks shall be built in Dholera smart city that shall support the economic spur within the region. The city has been well planned and is divided into six town planning scheme and all of them have been approved by relevant authorities. Each of the six schemes shall have corresponding infrastructure and transport mechanism built to support the residential, commercial and industrial activities being carried in the region. The project has been divided in three phases with each phase expected to take a decade to be developed. The entire city should be built by the year 2040.
With enormous focus from the central government and full support from the state government, Dholera smart city shall soon be seen taking form and be ready to punch the issue of rapid urbanization on itsface.
Making 100 Smart Cities A Reality
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India is witnessing an accelerated pace of urbanization,, which is expected to continue in the coming decades. In order to achieve sustainable growth and prosperity for the citizens moving to cities for new economic opportunities, the need for smarter cities is clear and immediate.