Smart Homes Infrastructure Pvt Ltd

Ever since our honourable PM Sh. Narendra Modi announced “ 100 Smart Cities Mission ” we have been hearing so much about smart cities, we have so many questions about smart cities, like how are they made? What is basically a Smart City? How an existing city will be converted to something robotic wherein everything will be done by machines or technology? What are Greenfield and Brownfield Cities? What sort of technology is used in making smart cities? Like these there is an endless list of such questions and today I thought let me just put all these questions together and explore Dholera Greenfield Smart City from its core to the peak. Yes, we are talking about much talked Greenfield Smart City, India’s First and DMIC’s (Delhi Mumbai Industrial Corridor) biggest Smart and Sustainable Dholera Smart City and what will make Dholera a “Trillion Dollar Baby”.     What is DMIC (Delhi Mumbai Industrial Corridor) and Dholera Smart City will add value to this corridor? A Special Pu...

  What all government authorities are functioning and operational in Dholera? DSIRDA (Dholera SIR Development Authority)– Under the SIR Act 2009 a regional development authority were formed in February 2010 with the name of DSIRDA. Primary responsibility of this authority is planning and development like Land use Finalisation, Town Planning Schemes, Development Plan of SIR, co-ordination with local farmers, giving permissions etc. will be responsibility of DSIRDA only. DICDL (Dholera Industrial City Development Limited)– In January 2016 a Special Purpose Vehicle company were formed with the name of DICDL in which Gujarat government has 51% stake through DSIRDA and Central government has 49% stake through DMIC trust.     RERA (Real Estate Regulation and Development Act) – As Town Planning Schemes are getting finalised in Dholera SIR now so slowly and steadily RERA is also getting active in Dholera SIR. This is certainly a good move because it gives a lot of comfor...

  You have mentioned Dholera Greenfield Smart City a “Trillion Dollar Baby”? Do you really see that happening? How do you see Dholera adding value to the economy of the country? Yes, in next 2 decades by 2040 the entire land of Dholera Smart City will be valued at approximately a trillion dollar! From almost nil in land value to a trillion dollar real estate asset in 3 decades since 2010 it will be a commendable story. Every year the infrastructural development is happening in Dholera SIR and that is adding value to the land of Dholera year by year. Today the average value of land/sub plot sold in the projects inside and outside SIR is in the range of 2000 rupees to 4000 rupees per sq meter and the government selling the land at even higher prices.   We see that in next 20 years (for assumption sake) we expect that the land appreciates to the today’s rate of land in Ahmedabad which is around 200,000 rupees per sq meter on an average and we apply today’s rate of Ahmed...