The Commonwealth Games are expected to return to India in 2030, after a long gap of 20 years. Ahmedabad has been formally ratified as primary venue to host the Centenary Commonwealth Games and witness the thrill of seeing the best athletes from all around the world, competing each other for Gold. To host this larger than life event, the state of Gujarat has initiated various projects and the Dholera International Airport project is one of the most talked about project as it will completely change the dynamics of the Dholera real estate sector. Dholera Smart City planned under the Delhi-Mumbai Industrial Corridor (DMIC) initiative and developed under the Gujarat Special Investment Region (SIR) Act, 2009 is India's first Greenfield Smart City aiming to be the global manufacturing hub and promises to offer futuristic sustainable urban living.
How Dholera Is Different from Other Smart Cities
As mentioned above Dholera is planned under the Delhi–Mumbai Industrial Corridor (DMIC) initiative and developed under the Gujarat Special Investment Region (SIR) Act, which ensures:
- Spacious residential and commercial zones planned as per international standards
- Futuristic approach used in planning infrastructure and digital services
- Completely solar-powered city based on renewable energy and eco-friendly infrastructure.
- Backed by government initiatives and promising strong real estate growth potential
How Commonwealth Games 2030 is a Game changer
Advent of such massive international events naturally boosts the growth of host region and areas around it. Commonwealth Games 2030 will be advantageous to cities such as Dholera and Ahmedabad and ensure:
- Smart and swift development of wide roads, drainage, and transport systems
- Rapid development of residential and commercial spaces.
- Establishment of world-class infrastructure and public facilities
- Center of attraction for the world resulting in huge investments booming real estate sector.
Dholera International Airport: A Major Growth Driver
Upcoming Dholera International Airport is the prominent project under the umbrella of Dholera Smart city. The construction of this airport is going rapidly and once it gets completed, it will be considered as one of the largest Greenfield Airports in India improving logistics and passenger traffic with excellent domestic and international connectivity ensuring:
- Easy travel for domestic and international investors
- Boost in logistics, trade, and industries
- Surge in demand of residential and commercial spaces
- Consistent increase in land rates near the airport area.
Connection with Ahmedabad Real Estate
Ahmedabad has been chosen as the primary venue to host the Commonwealth Games 2030 so not only Dholera but Ahmedabad real estate sector is expected to boom. Ahmedabad is already a fully established city hence spaces are limited here. However with the advent of such international event the prices of prime areas will increase rapidly. Also various infrastructural advancements will take place in the city and around the city leading to:
- Dholera smart city will act as an extension of Ahmedabad
- New home buyers and investors will get lucrative opportunities near the main city.
- Businesses running in Ahmedabad feeling shortage of space will get an option to expand it to Dholera
- Homebuyers will get world-class infrastructure and amenities at affordable prices.
Final Thoughts
In a nutshell, the future of modern urban living and lucrative investments can be found in the Dholera Smart City. The advent of the Commonwealth Games 2030 has positioned Dholera and Ahmedabad as smartest real estate hotspots to invest. Backed by various government initiatives like development of the Dholera International Airport and rapidly booming industrial and residential spaces in the Dholera Smart city has already started attracting buyers and investors not only from the country but also various international investors are keeping an eye on this India's first Greenfield Smart City that is truly a milestone in transforming the economics of India.
FAQs
1. Is Dholera a smart real estate investment opportunity?
Dholera is India’s first Greenfield city offering futuristic and modern infrastructure supported by government initiatives. As the city is running in its development stage so the property prices are affordableand have huge growth potential to increase in nearby future.
2. What is the impact of the Commonwealth Games 2030 on Dholera real estate sector?
Advent of the Commonwealth Games 2030 naturally amplifying the development of infrastructure in and around Ahmedabad and Dholera. Due to this real estate sector of Dholera is booming and a surge in demand for residential spaces, hotels, and commercial spaces increasing.
3. What is the role of Dholera International Airport in boosting the real estate?
The Dholera International Airport is expected to enhance the national and international connectivity. Due to this naturally inverstors from the country and all around the world can easily travel resulting in massive investments in the area boosting the real estae growth.
4. Can Dholera be an extension of the city Ahmedabad in near future?
Yes. As Ahmedabad real estate fully developed, prices are high and spaces are limited, in such a scenario many businesses would love to expand their buisness to Dholera. Also for resident Dholera is more affordable option offering world-clas sinfrastructure such as wide road and better metro connectivity making Dholera the extension of Ahmedabad city.
5. Whats sort of real estate options are available in Dholera?
Dholera is India’s first Greenfield city offering well planned residential plots, modern living apartments, futuristic commercial hubs, and eco-friendly industrial spaces.