GAP Associates to Develop 13 Housing Projects in Gujarat

Realty firm GAP Associates Pvt Ltd will invest around Rs 500 crore to develop nearly 20 projects at industrial smart city Dholera, in Gujarat. The company has recently received RERA (Real Estate Regulatory Authority) approval from the Gujarat Real Estate Regulatory Authority for its maiden residential project named Greenera Gardenvilla inside Dholera Special Investment Region (Dholera-SIR). GAP Associates plans to develop 13 housing projects, comprising over 500 units, with an investment of more than Rs 300 crore. Two industrial projects will be constructed at a cost of over Rs 40 crore. The company will also develop three commercial projects, including a hotel, having a total of nearly 750 units with an estimated investment of over 165 crore. Dholera-SIR is a greenfield industrial smart city planned and located approximately 72 km South-West of Ahmedabad.