Meghna Associates represents exclusively marketing right in Hyderabad for upcoming project of Dholera,Ahmedabad. Regarding Dholera, Ahmedabad, Dholera’s Rs70,000-crore cure for investment famine SUNIL JAIN: NEW DELHI, MAY 16 2013, 02:17 IST The Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) has already got 105 sq km for Phase 1 of its upcoming R70,000-crore city at Dholera in Gujarat, 110 km from Ahmedabad. The 903-sq km city — of which 540 sq km is developable as the rest falls in the coastal regulation zone (CRZ) area — is to be developed in six phases. Town planning for two of the phases has been done — 152 sq km — while the other four are to be done over the rest of the year and, according to DMICDC CEO & MD Amitabh Kant, construction work on the city should be able to start within the next 6 months. Land for the project has been got through land pooling and, after development of the master plan for the industrial city that will house two million people eventually, half of the land is to be given back to the original owners. Under the plan for the city, a fifth of whose area is to be reserved for industrial activity, after the master planning is done, DMICDC’s main job will be to build up the trunk infrastructure (roads, sewerage, power lines) with funding from the government — and there is a hefty concessional financing from the government of Japan. However, this is only a beginning: “Dholera itself will cost R70,000 crore and we’re working on many other projects... State governments are coming up with new laws to support the project,” Kant told FE. Sohini Das | Mumbai/ Ahmedabad May 26, 2013 Last Updated at 20:57 IST
Posted on: Sat, 27 Jul 2013 16:11:48 +0000
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