2012 → 2026

Growth Journey & 2026 Price Matrix

Where Dholera prices have actually moved over fourteen years, what drove each leg, and what is scheduled next. Every figure carries its source and its caveat.

Rates last reviewed: . Figures on this page are indicative market observations, not audited transaction data.

How much have Dholera land prices increased since 2012?

Prime Dholera land — Activation Area, TP1 and TP2 — rose from about ₹2,500 per sq yd in 2016 to about ₹15,000 in 2026, roughly 6×. Entry-level fringe land rose from ₹800 to ₹4,700 over the same period. Before 2016 the market traded raw agricultural land per bigha, a different asset that should not be spliced into the same curve.

What is the current Dholera plot price per square yard in 2026?

As of September 2026, Dholera plot rates run from about ₹2,000 to ₹21,000 per sq yd depending on zoning, town planning scheme and infrastructure status. Outside-SIR fringe plotting starts near ₹2,000, inside-SIR residential near ₹9,000, and Activation Area industrial near ₹21,000. Lothal bulk agricultural land is quoted per acre, starting around ₹1 crore.

Why is Activation Area land more expensive than other Dholera land?

Because its trunk infrastructure is commissioned rather than planned. Roads, drainage, water and the power backbone are live in the Activation Area, so construction can begin immediately. Comparably zoned industrial land at Sodhi starts near ₹6,000 per sq yd against ₹21,000 in the Activation Area. The premium prices delivered services, not planning documents.

Last 1 year

+14.3%

Portal-reported Dholera rate change

Last 3 years

+45.5%

Portal-reported Dholera rate change

Last 5 years

+77.8%

Portal-reported Dholera rate change

2016 → 2026, entry-level

≈5.9×

₹800 → ₹4,700 per sq yd

2016 → 2026, prime

≈6.0×

₹2,500 → ₹15,000 per sq yd

2021 → 2025, prime

≈75%

₹6,000 → ₹10,500 per sq yd

The price trend

Two lines, not one. Prime land — Activation Area, TP1 and TP2 — re-priced as trunk infrastructure was commissioned. Fringe land, where nothing has been built yet, did not keep pace. The widening gap is the single most useful thing on this page.

Plotted land rates, 2016–2026

Indicative ₹ per square yard. The widening gap between the two lines is the story — prime land re-priced on delivered infrastructure while fringe land did not.

0₹4k₹8k₹12k₹16k20162017201820192020202120222023202420252026₹15,000₹4,700
Prime — Activation Area / TP1–TP2Entry — outer schemes / SIR fringe

Indicative market rates compiled from industry presentations, property portal data and our own transaction observation. Not audited transaction records. Registered deed values are typically lower than actual consideration and are not used here.

Why you will see bigger numbers elsewhere

A lot of Dholera marketing shows a single line running from a 2006 agricultural rate of ₹15,000 per bigha to a 2026 plotted rate of ₹15,000 per square yard, and calls it thousand-fold growth. That chart splices two completely different assets and two different units. Raw agricultural land in bulk and a serviced final plot inside a sanctioned TP scheme are not the same thing, and the deduction, development cost and margin between them are exactly what the “growth” consists of. We keep the two eras separate below.

Era one: bulk agricultural land, 2012–2015

Before the plotted market existed, the region traded raw agricultural land by the bigha. Converted here to a per-square-yard equivalent for comparison only — this is not the same asset as a serviced plot.

YearPer bigha≈ per sq ydContext
2012₹4.05 lakh₹51Post-announcement plateau
2013₹4.25 lakh₹54Gradual appreciation
2014₹5.31 lakh₹67DP notification momentum
2015₹6.64 lakh₹84NA-conversion phase begins

Converted at the local Dholera standard of 1 bigha = 7,920 sq yd. Bigha is not a standard unit — always confirm which bigha a seller means. Area converter →

Era two: plotted market, 2016–2026

From 2016 the market traded developed plots per square yard. This is the series that matters if you are buying today.

YearEntry (₹/sq yd)Prime (₹/sq yd)SpreadWhat moved the market
2016₹800₹2,5003.1×Per-sq-yd plotted market begins
2017₹1,100₹3,0002.7×Activation Area works start
2018₹1,300₹3,4002.6×Trunk infrastructure tendered
2019₹1,600₹4,0002.5×Expressway alignment finalised
2020₹1,800₹4,5002.5×COVID pause, then recovery
2021₹2,300₹6,0002.6×Airport and fab news breaks
2022₹2,800₹7,0002.5×Expressway construction visible
2023₹3,300₹8,0002.4×Tata–PSMC fab confirmed
2024₹3,600₹9,0002.5×Fab construction begins
2025₹4,100₹10,5002.6×Airport civil works complete
2026₹4,700₹15,0003.2×Expressway inaugurated; airport in final testing

Entry-level, 2016 → 2026

₹800 → ₹4,700

About 5.9× over ten years

Prime, 2016 → 2026

₹2,500 → ₹15,000

About 6.0× over ten years

Prime-to-entry spread

3.1× → 3.2×

Infrastructure delivery, not planning, drove the divergence

Where prices sit today

Our own live inventory, September 2026. This is the most honest current price evidence we can give you — it is what we are actually transacting at, across the full range from fringe plotting to Activation Area industrial.

ParcelVillageZoningTP schemeStarts from
Mundi — Activation Area IndustrialMundiIndustrialTP 2-A₹21,000/sq yd
HAC Parcel — SangasarSangasarHigh Access CorridorTP 5C₹15,000 / Sq. Yd.
Bhangadh — TP 4-B-2 ResidentialBhangadhResidentialTP 4-B-2₹9,500/sq yd
Ambli LinearAmbliIndustrialTP 1A-1₹9,500 / Sq. Yd.
Aambli — Premium Industrial LandAambliIndustrialTP 1A3₹9,500 / Sq. Yd.
Bavaliyari — ResidentialBavaliyariResidentialTP 5-A / TP 6-A₹9,000/sq yd
Zankhi — Residential, 70 m RoadZankhiResidentialTP 4-A / TP 6-A₹9,000/sq yd
Bavaliyari — Residential LandBavaliyariResidentialTP 5C-2₹8,500 / Sq. Yd.
Sodhi — IndustrialSodhiIndustrialTP 3-A / TP 5-A₹6,000/sq yd
Pipli–Fedra Road — Plotting SchemePipli / FedraResidentialOutside SIR₹6,000/sq yd
Prime Commercial Land — RahtalavRahtalavRecreation & SportsTP-2 East₹4,800 / Sq. Yd.
Zankhi — Recreation & Sports ZoneZankhiRecreation & SportsTP 4-A / TP 6-A₹4,000/sq yd
Adhelai — Plotting SchemeAdhelaiResidentialOutside SIR₹4,000/sq yd
Akru — Plotting SchemeAkruResidentialOutside SIR₹2,000/sq yd
Lothal Region — Bulk Agricultural ParcelsLothal / Saragwala beltAgriculturalOutside SIR₹1 crore/acre
Zankhi — Residential LandZankhiResidentialOutside SIR₹85 Lakh / Vigha
Hebatpur — Premium Residential LandHebatpurResidentialOutside SIR₹82 Lakh / Vigha
Sargwala – Lothal — HAC LandSargwala – LothalHigh Access CorridorOutside SIR₹2.40 Cr / Acre

Inside SIR — 2026 market

activation area
₹6,500–₹15,000/sq yd (TP1 from ~₹11,000/sq yd)
overall plotted range
₹5,500–₹15,000/sq yd
outer tp schemes
₹4,000–₹9,000/sq yd (≈ ₹1.9–₹4.4 crore/acre)
commercial
~₹18,000/sq yd
bulk village land
₹60–₹85 lakh/bigha

Outside SIR — 2026 market

periphery near boundary
₹8,000–₹9,000/sq yd
farther from s i r
~₹5,000/sq yd (higher risk, no smart-city infrastructure)

DICDL allotment card

Authority allotment rates, quoted per square metre. The open market trades above these.

  • Industry & Physical Infrastructure₹4,000/sq m
  • Residential₹6,000/sq m
  • High Access Corridor (HAC)₹6,000/sq m
  • CBD / City Centre₹8,000/sq m
Full rate card →

What has actually been delivered

Milestones that have happened, with the date each one occurred. These are the events behind every step-change in the chart above.

  1. Policy

    Gujarat SIR Act enacted

    Legal framework established for the Special Investment Region, creating DSIRDA as the planning authority for the 920 sq km area.

  2. Planning

    Development plan and TP schemes notified

    The DSIR development plan and the first town planning schemes were prepared and notified, converting agricultural survey numbers into planned final plots.

  3. Industry

    Tata–PSMC semiconductor fab approved

    Union Cabinet approved India’s first commercial semiconductor fabrication plant at Dholera — a ~₹91,000 crore Tata Electronics investment with Taiwan’s PSMC, located in the TP4 zone.

  4. Aviation

    Airport Phase 1 civil works completed

    Runway, taxiways and the air traffic control tower completed at Dholera International Airport, developed by DIACL (AAI, Government of Gujarat and NICDIT joint venture).

  5. ConnectivityMajor

    Ahmedabad–Dholera Expressway inaugurated

    Inaugurated by the Prime Minister. The ~109 km greenfield expressway, built at over ₹5,100 crore under Bharatmala, cut Ahmedabad–Dholera travel from over two hours to roughly 45 minutes.

  6. Policy

    Dholera SEZ notified

    66.166 hectares notified as a Special Economic Zone focused on semiconductor and high-tech manufacturing.

  7. Connectivity

    Ahmedabad–Dholera semi-high-speed rail corridor approved

    Approximately ₹20,667 crore semi-high-speed rail corridor approved, planned to run at up to 220 km/h with a station at Dholera International Airport. It is a rail corridor, not a metro — the two are different systems with different service patterns, and conflating them overstates how local the connectivity will be.

  8. AviationMajor

    First trial aircraft landing

    AAI conducted the first trial aircraft landing at Dholera International Airport, a key step toward operational licensing.

  9. Aviation

    Cargo terminal reported operational

    The airport’s cargo terminal was reported operational, ahead of passenger operations.

  10. InfrastructureMajor

    Activation Area core infrastructure complete

    DICDL reported Activation Area trunk infrastructure — roads, water, drainage and the power backbone — at or near completion, with industrial allotments made to ReNew Power, Tata Power Solar, Torrent Gas and Hitachi Hi-Rel.

What is scheduled next

Every date below is a target published by a developer, an authority or the press — not a commitment, and not something we guarantee. Several Dholera dates have moved before.

Read these as targets, not as facts

The difference between the timeline above and this one matters more than anything else on this page. Above are things that have happened. Below are things people intend to happen. If you are underwriting a purchase on a date in this section, size your position for that date slipping by a year or more.
  1. Aviation

    Airport commercial operations targeted

    Operations have been targeted for around September–October 2026 following licensing. Phase 1 is designed for roughly 1.5 million passengers a year.

    Status: Construction ~80% complete; licensing is a separate gate

  2. Industry

    Tata–PSMC first chip output

    First wafer output targeted from the Dholera fab. Structural work is complete and cleanroom fit-out with machinery installation is underway.

    Status: Structure complete, equipment arriving; reported progress varies by source

  3. Tourism

    NMHC Lothal Phase 1A opening

    First phase of the ₹4,500 crore National Maritime Heritage Complex at Saragwala, with 10+ international country pavilions signed.

    Status: Phased delivery under the Sagarmala programme

  4. Industry

    Fab capacity scale-up

    Production expected to stabilise and scale toward the planned capacity of approximately 50,000 wafers per month.

    Status: Dependent on first output landing on schedule

  5. Industry

    Aircraft final assembly line

    Embraer and Adani Aviation Systems have signed an MoU to establish a final assembly line for a civilian aircraft programme at Dholera airport.

    Status: MoU stage — not yet under construction

  6. Connectivity

    Semi-high-speed rail completion target

    Ahmedabad–Dholera high-speed corridor targeted for completion, with a projected Sarkhej–Dholera run of around 34 minutes.

    Status: Approved and funded; construction timeline long

  7. Planning

    Full SIR build-out

    The DSIR masterplan runs to 2040 across the full 920 sq km. Everything delivered so far represents a small fraction of the planned area.

    Status: Long-range masterplan horizon

How to read all of this

Past appreciation does not predict future appreciation

The 2016–2026 run happened because a specific set of projects moved from announcement to delivery. That re-rating largely happens once. Buying now means underwriting the next set of milestones, not the last one.

The 2008–2013 plateau is part of the record

Dholera was announced in 2007. For roughly five years afterwards prices moved very little and early buyers waited far longer than they expected. Any presentation that starts its chart in 2016 is choosing its start date.

These are indicative rates, not an index

Figures here come from industry presentations, portal data and our own transaction observation. They are not audited transaction records. Registered deed values systematically understate actual consideration and are not used as comparables.

Past movement is not a forecast

Everything above is history. It shows what happened, not what will. If you are trying to decide whether to act on it, read our analysis of whether Dholera is a good investment — it states the risks alongside the case.

Want to know where a specific parcel sits on this curve?

Send us the survey number. We will tell you which line it belongs on and what that means for your horizon.