Dholera SIR shall be twice the size of Mumbai, six times the size of Shanghai and shall be a city having world class infrastructure and state of art amenities.
Another smart city that has been conceptualized is the capital city of Uttarakhand, Dehradun. It has gained a lot of popularity amongst tourists and serves as a weekend gateway due to its scenic beauty and mild climate. It has experienced immense economic growth in the past and has been the home for several national foundations such as ONGC, Survey of India, Forest Research Institute, etc. It also has regional offices of many companies including Genpact, Spice Digital, Serco, IMSI, Spanco, Aptara and IndiaMART.
Despite the economic growth and commercial and IT boom, let us understand, why Dholera still makes a better place to invest in.
Lower cost of property
Property prices in Dehradun have soared up over the years of its economic development. With many companies making Dehradun its regional location and its increasing popularity as a tourist destination, the residential and commercial prices have shot up considerably.
The cost of Property In Dholera Sir, is lower comparatively. A luxury villa in Dholera can be bought at the price of buying a small 2 BHK apartment in Dehradun. Therefore Dholera serves as a much better investment option at its current price.
Better opportunity for planning
Dholera is a village with no infrastructure developments currently. This gives planners and developers an opportunity to create a world class city with best possible infrastructure.
On the contrary, developers in Dehradun shall face major obstacles in planning and designing the city due to existing infrastructure. This shall cause a hindrance in it being planned in an excellent manner.
Development Phase
Dholera is far ahead of Dehradun in terms of development. With trunk infrastructure components under construction and sanction of Rs. 3,000 crore, it shall be built at a pace that shall be impossible for Dehradun to catch up with. Dehradun is still at the planning stage and the process of approvals and funds sanction are a long way from here.
Good connectivity
Dholera offers excellent connectivity through Fedara international airport, 6 lane highway, road, rail and metro. Its nearness to DMIC corridor enhances its connectivity to important industrial cities further.
Though Dehradun is well connected to neighboring cities through roads, it is still far behind Dholera and therefore might have a tough time in attracting foreign investments.
Exponential returns
Owing to all the above factors, the returns on investments made in Dholera shall be greater and faster than those made in Dehradun. Experts say that Dholera shall generate exponential returns on investments within a short span of time.
The first smart city of project, Dholera SIR shall soon not just be name but a reality that people shall be able to not just visualize but also witness. A vision crafted into finest architecture!
Source : articlesbase.com
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