AAIJI Group Invests Rs 150 Crore in Dholera Residential Project
Gujarat-based real estate developer AAIJI Group is set to invest Rs 150 crore in a residential project in the Dholera region of Gujarat, aimed at building 3 BHK villas and plots. This project is part of the region's transformation into a major industrial
Real EstateDholeraGujaratAaiji GroupResidential ProjectReal Estate MumbaiOct 16, 2024
The realty group has acquired a 50-acre land parcel for this greenfield project. The region is rapidly transforming, with over 100 small and large companies establishing their plants, according to Lalit Parihar, the founder and Managing Director of AAIJI Group.
The strategic investment, which includes an estimated project cost of over Rs 150 crore, marks a significant milestone in the group's commitment to sustainable living and innovative retail spaces. The company plans to develop 3 BHK villas and plots under the second phase of its project, named Lotus 1145.
AAIJI Group has already invested Rs 100 crore in five realty projects in the Dholera region, including AAIJI Airport Villa and Lotus 1145 Phase-I. This new investment further solidifies their presence and commitment to the region's growth.
The government's vision for Dholera is to transform it into a world-class city with smart city features, aligning well with AAIJI Group's development plans. The project is set to benefit from the region's rapid industrialization and the government's dedicated efforts to enhance infrastructure and amenities.
By focusing on sustainable living and innovative retail spaces, AAIJI Group aims to create a living environment that not only meets the needs of residents but also supports the economic growth of the region. This project is expected to attract more investments and contribute to the overall development of Dholera.
Frequently Asked Questions
What is the total investment by AAIJI Group in the Dholera residential project?
AAIJI Group is investing Rs 150 crore in the Dholera residential project.
What type of properties will be developed in the project?
The project will develop 3 BHK villas and plots under the second phase of the Lotus 1145 project.
How much land has AAIJI Group acquired for this project?
AAIJI Group has acquired a 50-acre land parcel for the greenfield project.
What is the government's plan for the Dholera region?
The government plans to transform Dholera into a world-class city with smart city features.
How many previous projects has AAIJI Group completed in Dholera?
AAIJI Group has completed five realty projects in Dholera, including AAIJI Airport Villa and Lotus 1145 Phase-I.
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