HomeLatestAAIJI Group Boosts Dholera Development with ₹150 Crore Land Acquisition

AAIJI Group Boosts Dholera Development with ₹150 Crore Land Acquisition

AAIJI Group, a prominent player in Gujarat’s real estate sector, has strategically acquired 50 acres of prime land in the Dholera region for an estimated investment of ₹150 crore. This significant move reinforces the group’s commitment to sustainable living and innovative retail developments, complementing their existing projects like AAIJI Airport Villa and the Lotus residential complexes.

Lalit Parihar, Founder and Managing Director of AAIJI Group, envisions Dholera’s development mirroring the successful Tri-city model in the UAE, encompassing Abu Dhabi, Dubai, and Sharjah. He highlights the region’s immense growth potential, projecting annual investments in land and plots between ₹2,000 to ₹3,000 crore, particularly attracting interest from investors in Punjab, Haryana, Delhi, Gurgaon, and Noida. “Dholera is not merely a project; it’s a vision for the future,” Parihar asserts, emphasizing the group’s dedication to creating technologically advanced, environmentally sustainable, and socially inclusive living spaces.

This venture aligns with the Dholera Special Investment Region (SIR) under the Delhi-Mumbai Industrial Corridor (DMIC). The government’s goal is to transform Dholera into a world-class city featuring smart infrastructure, including a greenfield airport, express highways, and a dedicated freight corridor. With over 100 companies establishing operations in the area, including Tata Electronics’ $10.9 billion semiconductor plant, Dholera is solidifying its status as an industrial hub. AAIJI Group’s plans for 3BHK villas, retail spaces, and the second phase of the Lotus 1145 project reflect a comprehensive approach to real estate development, aiming to foster community engagement and environmental responsibility. This acquisition enhances the local landscape and contributes to a sustainable urban environment in Gujarat.

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

Recent Comments

Hitachi Energy India To Invest Rs 300 Crore Expanding Mysuru Insulation Facility

Hitachi Energy India To Invest Rs 300 Crore Expanding Mysuru Insulation Facility

0
Hitachi Energy India is set to make a fresh investment of ₹300 crore to expand its insulation and components manufacturing facility in Mysuru, Karnataka....
Asian Paints WoodTech And Muse Lab Showcase Sustainable Innovation In Modern Wood Design

Asian Paints WoodTech And Muse Lab Showcase Sustainable Innovation In Modern Wood Design

0
Asian Paints WoodTech has partnered with design practice Muse Lab to spotlight the role of wood as both a functional material and a medium...
K Raheja To Transform Iconic Mumbai Famous Studios Through Rs 650 Crore Redevelopment

K Raheja To Transform Iconic Mumbai Famous Studios Through Rs 650 Crore Redevelopment

0
Realty major K Raheja Corp is moving ahead with plans to redevelop the iconic Famous Studios in South Mumbai through a joint development agreement...
Hafele Launches Innovative Design Studio In Ahmedabad Strengthening Brand Footprint And Presence

Hafele Launches Innovative Design Studio In Ahmedabad Strengthening Brand Footprint And Presence

0
Hafele, the global interior solutions major, has deepened its footprint in Gujarat with the launch of an innovative Design Studio in Ahmedabad. The newly...
Nuvoco Vistas To Invest Rs 200 Crore Expanding Capacity By Four MMTPA

Nuvoco Vistas To Invest Rs 200 Crore Expanding Capacity By Four MMTPA

0
Nuvoco Vistas Corporation, one of India’s leading building materials companies, has announced a fresh investment plan worth ₹200 crore aimed at expanding its cement...