Invest in Dholera project introduces raw land concept in India’s first smart city

Dholera SIR brings with itself a plethora of economic opportunities for everyone: Corporates, Hospitality sector, Commercial and Manufacturing units, Logistics and many more. Given the immense potential the city holds within, everyone who sets up their businesses in the initial stage shall eventually generate excellent returns.

Smart Homes Infrastructure Pvt. Ltd. a subsidiary of Smart Infrastructure PTE Limited, headquartered in Singapore, facilitates all industries with raw land suited to their needs to enable them make the best of this opportunity offered by India’s first smart city.

Investindholerasmartcity.com creates value proposition for investors through sale and re-sale of agricultural and non-agricultural land in Dholera SIR and Greater Dholera region. Reputed for sale of legal land bearing clear title and 100%approved by government, we offer investors an option to choose from land of varied sizes and locations.

Investindholerasmartcity.com project is trademark registered and specifically meant to promote B2B segment. Through a team of realty professionals having vast exposure in the Indian real estate markets and known for their expertise in the evolving market trends, we are apt at guiding industrialists on the location and site that shall best suit their businesses. Our list of clientele ranges from residential property builder who aspires to build a residential township in premium location of Dholera SIR to an industrialist who is looking for massive piece of land to set up his manufacturing unit. Our clientele also extends to those looking for suitable land to construct their hotels and resorts, enterprises looking forward to set up a logistics hub or one looking for an agricultural land.

Our brand caters to Indian and international corporate houses, global business houses and HNI’s who wish to invest in Dholera SIR. Besides offering them raw land in Dholera, Smart Homes also ensure that the land is lien free and free of any hassles. Our consultancy services ensure a smooth transfer of property to its rightful owner through step by step guidance. Additionally, we also help you in conversion of NA/NOC,  clear title for the land purchased by you.

We have ample land parcels available in Dholera Town Planning Scheme 1 to Town Planning Scheme 4 of which TP1 is specifically meant for residential use. Similarly, the agricultural and farmland under our possession is spread all over Dholera, giving investors the flexibility to choose one that most befits them. Besides, we have also constructed mega residential townships comprising of magnificent bungalows, beautiful villas and smart apartments which are meant to cater to the needs of retail investors.

 

Investindholerasmartcity.com brings one of its kind opportunities for global enterprises and local businesses to buy land at cheap prices and at right locations across Dholera SIR and Greater Dholera for a brighter tomorrow.

FDI Investments in Real estate sector becomes easier with policy amendments

As a step towards making real estate sector in India more open and flexible to FDI investments, the government has recently announced favorable amendments in FDI policy. This move is expected to attract large volumes of FDI into real estate going forward.

The following changes have been made to the existing policies:-

  • The minimum capital requirement of $5 million has been done away with allowing more flexibility into the system.
  • No restriction of ‘minimum floor area’ is now applicable as against the earlier constraint that compelled FDI investments to be made only in projects having a minimum floor area of 20,000 Sq. Km.

The constraints imposed pertaining to the two critical factors has been a cause of massive hindrance restricting FDI investment flow in the cash starved real estate sector in India. With the new amendments, things shall now be perceived differently and positively by the FDI’s and should induce more liquidity into the Indian property markets.

The government also stated: ‘A foreign investor will be permitted to exit and repatriate foreign investment before the completion of project under automatic route, provided that a lock-in-period of three years, calculated with reference to each tranche of foreign investment has been completed.’ To enhance flexibility, the three years lock in period for FDI investments shall no longer be applicable in case the stake in property is transferred from one non-resident to another without any repatriation of funds.

However, there is no lock in period for FDI Investments into certain sectors like hotels and resorts, hospitals, SEZs, educational institutions, old age homes and NRI investments. Mentioning the positive impact of this,  Mr. Anuj Puri, chairman & Country Head, JLL India said that ‘This will allow for greater and smoother flow of FDI into all these categories. It will encourage developers to get into SEZ assets in a bigger way, and simultaneously allow for greater NRI investments into Indian real estate.’

Certain restrictions have however been imposed and Dholera investments shall not be permitted for construction of farmhouses, trading in transferable development rights and investing in any entity that is engaged in real estate business.  The term ‘Real Estate Business’ refers to engagement in any transaction with the intention of only profit making and does not include development of townships, construction of residential/ commercial premises, roads or bridges, educational institutions, recreational facilities, city and regional level infrastructure, townships.

With the positive changes, the smaller real estate projects shall also receive foreign funding which was earlier only reserved for bigger ones. The real estate sector shall also gear up and gain momentum and we are likely to see more projects meeting their delivery schedules with enhanced liquidity induced within the ecosystem.