Dholera Smart City Makes a Better Investment Avenue than Vellore

Dholera Smart City is better than Vellore. A top exporter of finished leather goods (375 of India’s total exports) and a home to various manufacturing and automobile giants, Vellore spans an area of 87.915 Sq. Km and is populated with over 4 lakh residents. It hosts few top educational institutions of India and has been ruled by various dynasties in its historic part. In the smart city race, the city has been selected as one amongst the 100 smart cities to be developed in India..
In this article, we shall compare Vellore with the first smart city of India; Dholera and understand what makes the later a better investment avenue.
Dholera has been declared as the first smart city which automatically puts it ahead of the others in terms of development plans. The trunk infrastructure activities have begun in Dholera and the contract for ABCD complex is awarded to Cube Constructions recently. 5 early bird projects in Dholera have been put on fast track and shall be completed much before any other project in any other smart city. Master plan for Dholera has been finalized and the city has entered the implementation stage. Vellore, on the flip side is yet to finalize its master plan post which fund allocation shall happen and implementation shall begin. This puts Dholera ahead of Vellore which shall directly impact the appreciation of property in the city. Dholera property prices are thus expected to rise higher and faster.
Dholera has been granted more than Rs. 5,400 crores for development of infrastructure and other amenities. However the first 20 smart cities that has been announced recently has been granted Rs. 2,000 crores each by central government, less than half of what Dholera has in its kitty. It is expected that Vellore shall also be sanctioned similar amounts. Dholera is therefore in a better position in terms of funding and shall be developed better and faster than Vellore.
Dholera’s strategic location also overshadows that of Vellore. Dholera, located in Gujarat, is being developed close to the DMIC corridor. Due to this, the region is being envisioned as a global trading and manufacturing hub and attracting various companies to invest in the region. Many MNC’s have committed to set up manufacturing plants and put enormous investments in the city. This in turn shall boost the economic activities in the region and positively impact its development. Dholera thus enjoys locational advantage over Vellore.
The most lucrative fact is the cheap availability of property in Dholera. The amount that shall buy one a small apartment in Vellore can be used to purchase a luxurious villa in India’s first smart city. The low value of land and property along with the foreseeable potential thus makes Dholera a wonder investment opportunity for Indian and global investors.

My Name is Sonia Gupta, working with SmartHomes Infrastructure Pvt. Ltd. Buy Plots in Dholera SIR & Property in Dholera SIR, Gujarat with SmartHomes. For More Information– Please visit Our Website Or Contact Us.

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