Aaiji Infraspace and Infinity Infracon partners for infrastructure development in Dholera SIR
By Staff Report | January 22, 2025 7:38 pm SHARE
The joint venture will invest ₹200 crore in its first project, a residential complex in Kadipur Village. This will pave the way for future expansion in one of Gujarat’s major urban hubs.
Aaiji Infraspace (OPC) Pvt Ltd, a subsidiary of the Aaiji Group and one of Gujarat’s leading and most prominent real estate developers in Dholera, has formed a strategic joint venture with Infinity Infracon to spearhead residential and commercial development in the Dholera Special Investment Region (SIR). The joint venture intends to implement projects worth ₹ 200 crore in phases to meet the growing need for high-quality infrastructure in this major industrial and smart city hub.
The joint venture’s first project is set to begin in Kadipur Village, Dholera, with the goal of developing a house complex on 10,809 square meters of NA land. The project is expected to be finished within the next 2-3 years. Building on the success of the first project, businesses intend to pursue further prospects in Dholera, a location with enormous potential for future expansion.
Dholera is becoming as a popular destination for industries and investors, with over 100 enterprises already establishing a foothold. The city is also rising as India’s hub for semiconductor production and innovative urban planning, establishing a standard for sustainable development. Landmark investments, such as Tata Electronics’ $10.9 billion semiconductor facility, demonstrate the region’s expansion and increased demand for high-end residential and commercial areas.
Lalit Parihar, Managing Director, Aaiji Group says, “Dholera SIR is not just a smart city—it’s a blueprint for India’s future growth. This joint venture marks a significant milestone in our journey to shape Dholera into a thriving residential and commercial hub. By leveraging our expertise in real estate development and Infinity Infracon’s strategic land partnership, we aim to deliver projects that align with the region’s vision as a smart city and industrial powerhouse.”
Dholera’s rise corresponds with Gujarat’s Tri-city model of Ahmedabad, GIFT City, and Dholera, which is similar to Abu Dhabi, Dubai, and Sharjah and has enormous growth potential. The city is rising as India’s hub for semiconductor production and innovative urban design, establishing a standard for sustainable growth. Key economic drivers, such as a greenfield cargo and passenger airport, the DMIC Corridor, and considerable industrial investments, are establishing Dholera as a leading destination for industries and businesses. Upcoming infrastructure projects, such as the Ahmedabad-Dholera Motorway in 2025 and Gujarat’s first Vande Metro, will further improve connectivity.
Ruturajsinh Chudasma, Partner, Infinity Infracon: “We are excited to collaborate with Aaiji Infraspace on this transformative project. This project aligns with the Dholera SIR’s vision under the Delhi-Mumbai Industrial Corridor (DMIC), emphasising robust infrastructure and smart city features. With Dholera’s rapid industrialisation and the government’s focus on infrastructure, our joint venture is well-positioned to cater to the growing demand for premium residential and commercial spaces. We are eager to undertake more projects with Aaiji Group in Dholera, recognising immense potential for growth in the future.”
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