Dholera - becomes the friendliest place to do business as per World Bank's Index

Feb 1
12:52

2016

Ruchi Singh

Ruchi Singh

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With the World Bank Index placing Gujarat as the number one state in India in terms of “Ease of doing business”, Dholera, the first smart city of India has become the friendliest place to do business and attract huge investments.

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This was the first survey conducted by World Bank in which Gujarat won the top position by scoring 71.14 percent. The assessment of states was done over a six months period starting January 2015 to June 2015. The agenda consisted of 98 points which formed the basis of assessment. Eight key areas were identified for the survey which were:

  • The setting up of a business
  • Allotment of land and obtaining construction permit
  • Complying with environment procedures
  • Complying with labor regulations
  • Obtaining infrastructure-related utilities
  • Registering and complying with tax procedures
  • Carrying out inspections and enforcing contracts

Gujarat has scored good scores on all parameters and is the top scorer for ‘complying with environment procedures’.

With this declaration, Dholera Sir Residential Plots in Gujarat has become a more attractive smart city that shall lure in more investors and industries worldwide. Gujarat is known to have a proactive approach to various reforms making it a convenient and easy place to conduct business since a long time. This rating has re-iterated the same officially.

Many companies are now looking at setting up their units in Dholera. Another important reason for companies to choose Dholera SIR as an investment destination is its proximity to the Delhi-Mumbai Industrial Corridor. Dholera is one amongst the several nodes on the DMIC corridor. This value adds to the smart city as it serves as a good location for industrial and manufacturing units to be established. The “Make in India” program initialized by Mr. Modi also finds strength from cities like Dholera.

Dholera’s connectivity to all important cities of Gujarat also serves as an additional benefit for investors. A 6 lane highway is being built in Dholera that shall connect the first smart city of India with Ahmedabad and Bhavnagar. Construction of an international airport has also been sanctioned by appropriate authorities taking Dholera to the world,Dholera - becomes the friendliest place to do business as per World Bank's Index Articles making it a globally accessible city. Other modes such as railways, metro and its nearness to the port also make it a feasible option for both Indian and foreign investors.

The current cost of land in Dholera also makes it an irresistible option for investors. Currently land is available at very low prices here. It can be rightly said that a huge luxury villa built over a residential plot in Dholera shall cost the same as a 2 BHK apartment in any other smart city of India. To top it up, Dholera is becoming one of the fastest developing cities of India which shall soon see property prices sky rocketing giving exponential returns on investments.

A small town has come a long way; long enough for investors like Adani Group and Mahindra Lifespace to commit huge amounts of investments in the Vibrant Gujarat Summit.