What Is a Smart City?
Smart cities are the future. They are our future. They will make our lives better. They will ease congestion and bring down pollution. They will make our cities greener. They will be a game-changer.
If you ask us, it’s the future that we are afraid of. Why? Because the smart city dream is not a reality yet. We envision a future where every home is connected, every person has access to the internet, and cities run efficiently on data. The future we want is a reality, not this dystopian nightmare that we are heading towards.
To achieve this future, we need to invest in Dholera innovative city projects. So if you are thinking about investing your money in the same, stop reading. Innovative city projects require a lot of upfront capital, so most people stay away from them. Don’t let that scare you, though. There are plenty of other reasons you should invest in a Dholera smart city instead.
Why You Should Invest in Dholera Smart City
With a population of 31 million and rising, India is one of the most populous countries in the world. Its cities are among the fastest-growing in the world and at their current rate will become unmanageable by 2050. Dholera Smart City is a sustainable growth project that will provide an opportunity for growth and development for people living in Gujarat while also providing economic opportunities for local businesses and industries. Read on to learn more about why you should invest in dholera smart city.
The Dholera smart city is the best place in India to make an investment in a residential plot, according to property experts. The area is one of the safest long-term investments when it comes to setting up a retirement fund for the future.
Why Invest in Dholera?
First, there is no need to worry about taxes. The township has been exempted from paying tax for the next 20 years. All investments in the development will be fully exempt from all forms of taxes for up to 20 years.
Second, there is no risk involved. According to property experts, there is no risk of high rates of interest or lost investment. The entire investment is protected by the government. This puts the investors on top of the pyramid when it comes to being safe.
Third, the concept behind Dholera is new and unique. It is well planned out. Therefore, there will be more open space and less congestion than usual. This will mean a cheaper cost of living in the Dholera smart city.
Fourth, the investment will be portable and non-perishable.
What Makes Dholera the Best Place for Investment?
The first and foremost reason that makes Dholera the best investment destination is the safety factor. The developed infrastructure makes it easy for travellers to move around, regardless of where they are.
The New Dholera International Airport in the neighbouring state of Gujarat with an approved capacity to handle 2.5 million passengers annually. The airport is designed to connect the twin cities of Ahmedabad and Vadodara.
The development of the international airport has improved flight connectivity. There will be sufficient availability of roads, railways, metros and highways.
The construction of the twin cities will greatly enhance the health and living standards of the people living in both cities. There is the special economic zone at Dholera which will accommodate around 2.
Economic Benefits of Dholera
Businesses, industries and trade are likely to flourish if there are more housing and commercial spaces, along with adequate infrastructure. Here are some of the economic benefits the smart city will bring in the near future:
Infrastructure development – It will be an advantage to investors as Dholera has already started investing in it. With the current pace of work, the mega project will see significant changes in the coming years. Dholera City will become a smart city by 2024, which will bring great benefits to all residents.
A unique feature – While it has been divided into seven zones, each zone will feature distinct and independent features. It will be a boon to real estate investors who are looking forward to making an investment in Dholera.
Why You Should Invest in Dholera Now
The Dholera project is in the final stages of construction and is scheduled to be completed in 2042. Once complete, it is expected to become one of India’s most attractive investment opportunities.
The project is based on a proven business model that has secured government approval and will help improve the lives of millions of people.
It has strong government backing and is implemented by a trustworthy private partner. Therefore, the Dholera project is one of India’s most highly anticipated PPP projects.
The good news is that you do not have to live in the Dholera Smart City to enjoy the lifestyle here. The current demand in the area is overwhelming and you would not want to miss out on the opportunity to invest here.
Whether you are looking to invest or rent out your property, Dholera has the answer to all your questions.
About Dholera Smart City Ltd
Dholera Smart City Ltd, a joint venture of the Government of Gujarat and the State Bank of India Ltd., is the master developer of the city. The company has started land acquisition works and planning is in its advanced stage for construction to begin in the next three years. The Dholera Smart City will be developed into an international economic zone, a smart city, a planned new city, a hub for advanced manufacturing and a commercial hub.