The Safe Investor Checklist: Must Verify Points Before Buying a Plot in Dholera

DHOLERA - a name that is making its place at the top of every investor’s list. India’s first greenfield smart city, Dholera Smart City, is located just 100 km from Ahmedabad. In government-backed growth-first cities like these, development is rapid, and returns are solid. But there’s a catch! Returns are multifold only when you choose the right project. And while looking for the best project, there are some common mistakes most people make, which can slash their investment returns. So here’s a checklist to avoid confusion and select the right project for every person investing in the Dholera Smart City Project. BookMyAssets, a prominent real estate brand, is recognized for its comprehensive support, with a key highlight being its verified plots and transparent documentation. BookMyAssets owns some of the top projects in the region, such as WestWyn County and WestWyn Estate. Let’s look at the step-wise checklist for safe investments -

Step I: Legal Clarification

1. Check NA Status - Infrastructure development of any kind is allowed only on Non-Agricultural Plots (NA). So choosing an NA plot is a prerequisite for future developments.
2. Check Government Approvals - Government approvals such as RERA, development sanctions, utility and tax clearances, etc., are must-haves when buying land.
3. Check Title Clear Documents - Unclear titles may cause time-consuming litigation and even loss of property. Hence, always check if the seller is the rightful owner of the property and prepare clear documents for further transfer of ownership.
4. Check NOC From All Departments - Having a No-Objection Certificate from various government departments, such as water, electricity, drainage, etc., is mandatory when owning a property anywhere in the country.
5. Check Registry Readiness - Registry readiness means ensuring all the legal, regulatory, and physical requirements necessary for the transfer of ownership are ready. It’s also important to check if they have been recorded in the government's land records. This allows fast-track development and official use of the property.
6. Check Seller Authenticity - Checking the seller’s authenticity and having clear documents while buying any piece of land is a non-negotiable for safe investments.
7. Check Plot Number & Demarcation - Ensure that plot dimensions and demarcations on-ground match with those on paper. Unclear boundaries may lead to disputes with nearby plot owners.

With such a long legal checklist, what if we said some projects have all this checked before selling them to you? BookMyAssets plots in Dholera Smart City have it all done and dusted for you - passed plans, NA & NOC certifications, government approvals, clear titles, and registry-ready. So all you have to do is pick the land of your choice with BookMyAssets, sign a few documents, and you’re legally ready!

Step II: Location & Connectivity

Properties in prominent areas always see exponential growth. Houses and rents near metro stations across the country have seen 2X to 5X appreciation within the first 5 years. So not only is the plot location a major factor in anticipating a plot’s growth, but its connectivity also becomes a game-changer. Here are a few things you must keep in mind while selecting any investment property in the Dholera Smart City area -

1. Distance From Dholera SIR Activation Area - As the name ‘Activation Area’ suggests, the activation area is where all the major activities are centered - be it civil, administrative, commercial, or governance. The area around the ABCD Building Dholera is a proven example of this. So, the closer the property is to the Activation Area Dholera, the higher its value.
2. Distance from Dholera International Airport - Dholera International Airport is a crucial part of the Dholera industrial area system. It is a customs airport, making it the cargo hub of the region. The prices of land around this area will skyrocket as soon as this industrial zone is fully functional.
3. Access To State Highways - Access to highways is a must. Quick access to Tier 1 cities through the highway will be a key point in the industrial development of Dholera SIR, and the entire belt will be a prime investment spot. Contact BookMyAssets to spot the top Dholera residential plots.
4. Connectivity To Ahmedabad Dholera Expressway - The Ahmedabad–Dholera Special Expressway has brought the Ahmedabad to Dholera distance down to just about an hour. With such strong connectivity, Dholera Smart City Gujarat, is positioned for major economic growth. Being part of the Delhi–Mumbai Industrial Corridor means being part of New India’s rise. Among the best projects here are WestWyn County, located just 10 minutes from the corridor, and WestWyn Estate, only 5 minutes from the expressway.
5. Nearby Mega Projects - Dholera Smart City Project has countless state-of-the-art projects coming up. Asia’s largest Dholera solar power plant and India’s first Dholera semiconductor fabrication industry, both by TATA, are some of the highlights. These projects signify the trust that the government and various companies have in Dholera’s potential. Development near these regions will be rapid.

Apart from these factors, some smaller things to be checked include ensuring that the land is not barren, that it has connectivity to the activation area, and if the land needs any corrections, like land filling. BookMyAssets is a prominent real estate consultant in the Dholera SIR region, known for making this experience seamless. Think Dholera Smart City progress, think prime projects, think BookMyAssets!

While the big things are easy to verify, it’s the smaller details that make all the difference in your purchase experience. Let’s look at the small checks -

Step III: Checking Zones

1. Confirm Zone As Per Dholera SIR Plan - Check the Dholera SIR Map to understand if your chosen project lies in the industrial, residential, commercial, or activation zone. The project zone affects the permissions for plot development.
2. Check Future Development Around The Zone - Dholera SIR’s official website provides detailed updates on upcoming infrastructure projects. The project timelines help you understand the region’s commercial growth potential.
3. Check Industrial & Residential Corridors - Dholera city map has all corridors demarcated, which will help in making informed decisions about investing in residential and industrial regions and projects.
4. Check Government Planning Maps - Government records help confirm the on-ground reality and ensure that you have a clear picture of what’s to happen around your plot.
5. Confirm If The Plot Falls In A Safe Long area - Plots located next to major public infrastructure may be affected by future expansion. Similarly, plots near industrial zones may fall under buffer zones where residential development is restricted. Always check the plot’s permissions and surrounding land use before purchasing.

At BookMyAssets, you will get complete clarity on these factors, helping you choose the right option for you.

Step IV: Pricing & Real Value

1. Pricing With Nearby Projects - It’s always recommended that you compare prices in the area before finalising any. This helps understand market rates and offerings, ensuring you seek a fair deal.
2. Check Hidden Charges - Hidden charges are one of the most common issues in any property sale. These can include fees for basic amenities or other unexpected add-ons. Confirm the complete pricing details to ensure a transparent purchase with no hidden charges.
3. Check Long Term Appreciation Potential - Dholera land prices are already providing an average of 15-20% annual returns, with the highest being massive 5X returns. So choosing the right spot may affect your long-term returns drastically.

Our core values at BookMyAssets emphasize safe pricing that includes transparent charges and clear documents for the investors. So, if you are looking for expert consultation for Dholera investments, look no further!

Be it investing in a project in Dholera or any other Indian city, our Save Investor’s Checklist is a must-use to reach a conclusion that’s best for you.

BookMyAssets is a top real estate consultant in Dholera that provides complete guidance and support for purchases in Dholera. Contact BookMyAssets for a guided site visit and consultation session where you can verify every point in the checklist with real documents and on-the-ground clarity - no ambiguity!