GAP Associates won a Dholera plot at auction for a mixed-use scheme it values at about Rs 2,000 crore
M/s GAP Associates was issued a letter of award on 14 November 2024 after winning a Dholera plot at e-auction, for a residential and commercial scheme the annual report records at an investment of approximately Rs 2,000 crore.
Confirmed by an official document: a government release, a filing, or the company's own published statement.
Read the figure carefully. Rs 2,000 crore is the awardee's stated investment intention as DICDL recorded it. It is not a contract price, it is not money spent, and it is not what the plot sold for. The auction price is not disclosed anywhere in the report, and the plot area is not either.
The design as described covers studio apartments with two-bedroom apartments, a club, a banquet hall, a 100 room hotel, co-working space and retail. The report gives two different counts for the studio apartments in two different paragraphs, one saying more than 500 and the other more than 1,000, so both are printed below and neither is presented as the number.
M/s GAP Associates was awarded a plot through e-auction for a Residential & Commercial Mixed-Use Development. The Letter of Award was issued on November 14, 2024 and involves a total investment of approximately Rs 2,000 crore. The design is described as 1,000-plus studio apartments with 2BHK apartments, a club, banquet hall, 100-room hotel, co-working space and retail. Construction started per the contract agreement.
| What | Figure | Unit | As of | Status |
|---|---|---|---|---|
| Stated total investment by the awardeeThis is the awardee's investment intention as recorded by DICDL, not money spent and not a contract price | 2,000 | INR crore approx | 2024-11-14 | REPORTED |
| Studio apartmentsThe report's own two paragraphs give different counts; print both or neither | 500+ (design), 1,000+ (project overview) | units | 2025-03-31 | REPORTED |
| Plot area | UNKNOWN | acre | UNKNOWN | |
| Auction price paid | UNKNOWN | INR crore | UNKNOWN |
Last verified: 11 August 2026. Read the status column this way. CONFIRMED means the named document states the figure. REPORTED means a credible outlet states it and no document confirms it. TARGET means somebody is aiming at it. UNKNOWN means no source we hold gives it, and we would rather leave the row empty than fill it with an estimate.
The May 2026 monitoring report moves Dholera's allotted area by a single acre
The January 2026 monitoring report shows no change on any Dholera measure
A twelfth plot appears in the November 2025 monitoring report, the first movement in five months
Everything we recorded in November 2024
Several of these documents are large PDFs on government portals that move without notice. Where a document has no stable deep link we cite it by its number and date so it can be found again. See the source register for what each document is and what we took from it.
If one of these links has moved or we have read it wrong, write to [email protected] and we will fix the entry and say so on the corrections page. For how we decide what counts as confirmed, see how we source and correct. For the full dated history of the region, see the Dholera timeline. For any term above you do not recognise, see the glossary.