The Gujarat government has initiated a significant housing and infrastructure development project in the Dholera Special Investment Region (SIR) to promote the Tata Group’s Rs. 91,000 crore semiconductor fabrication plant, which is set to position India as a major player in the global chip manufacturing sector.

The project managed by Tata Electronics, which was announced earlier this year, represents the largest semiconductor investment in India to date. As construction progresses, the state is actively developing residential areas, roads, social infrastructure, and utilities to support an anticipated workforce of over 20,000 skilled professionals and workers at the facility and its connected units.

Economical and Smart Housing Plans Discover

The Gujarat Urban Development Authority (GUDA) granted approval for a comprehensive plan for high-density affordable housing, luxurious residential complexes and rental accommodation in proximity to the Dholera SIR. These developments will align with the smart city vision through the addition of green spaces, fast transit connectivity, and a smart energy grid.

“The Tata Semiconductor project represents a major achievement for Gujarat.” “We are committed to providing exceptional infrastructure and housing for the scientists, engineers, workforce, and their families, who will serve as the foundation of this future-ready ecosystem,” said a senior state official.

Boost to Real Estate and Local Economy

With a more than Rs. 2,500 crore budget allocated in the first phase for residential and urban infrastructure development, local construction companies and real estate developers are receiving a lot of projects. Land prices in Dholera and surrounding areas have appreciated sharply since the semiconductor plant announcement, triggering a real estate boom.

Experts in the industry believe that Dholera SIR will develop into a significant residential and commercial center in western India within the next 5 to 10 years.

Semiconductor Ecosystem Taking Shape

The Tata Group’s dedicated mega-fab project, in partnership with Powerchip Semiconductor Manufacturing Corp. (PSMC) of Taiwan, aims to manufacturer 28 nm and 65 nm chips utilized in the automotive, electronics, and defense industries. Construction is anticipated to conclude by 2026, with chip production anticipated to start in early 2027.

The plant serves as a fundamental element of India’s $10 billion semiconductor initiative and will help to drive the establishment of a comprehensive semiconductor ecosystem, including research and development centers, packaging units, and testing facilities.

Key Points:

The Gujarat government has launched broad residential developments nearby to Tata’s Dholera semiconductor plant.
Over Rs. 2,500 Crore assigned for infrastructure, housing, and social amenities in Phase 1.
Dholera SIR is set to take shape as India’s leading hub for semiconductors and smart city development.

Land demand and real estate investment soar ahead of the increased workforce.

Source By:- https://themachinemaker.com/