That figure is not the land price
This page tells you exactly what the two large rupee figures in the Dholera annual report refer to, because they are routinely reported as land prices and they are not. It matters because one of them is quoted as a Rs 2,000 crore land deal and no land price was ever published.
No paid placement · No developer money · Nothing for sale
In plain words
No. The figure of approximately Rs 2,000 crore attached to one e-auction award, and approximately Rs 35 crore attached to another, are both stated total project investment. That is what the company says the whole development will cost to build. The annual report uses the words involves a total investment of in both sentences. The price paid for the land is not stated in either case, and this register records that explicitly against both records.
- Mixed use project award
- About Rs 2,000 croreStated total project investment, not a land price. Letter of Award 14 November 2024. Status OFFICIAL. Source: DICDL Annual Report 2024-25, for the year ended 31 March 2025, PDF page 28.
- Hotel project award
- About Rs 35 croreStated total project investment, not a land price. Letter of Award 24 December 2024. Status OFFICIAL. Source: DICDL Annual Report 2024-25, for the year ended 31 March 2025, PDF page 29.
- Land price for either
- Not statedNeither sentence gives a consideration for the land. Status UNKNOWN.
- The words used in the source
- Total investmentInvolves a total investment of approximately. Status OFFICIAL.
How the confusion happens
The sentence in the report puts three things together: a plot awarded by auction, a project to be built on it, and a rupee figure. A reader skimming it takes the rupee figure as the price of the plot, because that is the shape a sentence like that usually has.
Read again and the figure attaches to the project. Approximately Rs 2,000 crore is the cost of building a residential and commercial mixed use development. Approximately Rs 35 crore is the cost of building a three star hotel. Neither number tells you what the land cost.
Why this register flags it on the record itself
Both records in the dataset carry an explicit note saying the figure is stated total project investment and must not be presented as a land consideration. That note is part of the data, not part of the presentation, so it travels with the record when anyone downloads the file from the dataset page.
Warning about a misreading in prose is weak. Putting it in the record is what makes it stick.
What the two figures are genuinely useful for
They tell you the scale of what is being built, which is a real and interesting fact. A Rs 2,000 crore mixed use development and a Rs 35 crore hotel are two very different commitments on land allotted within six weeks of each other.
What they cannot do is establish a per square metre value for Dholera land. For that you would need a registered deed, and none is in this source set. The full argument is on what allottees actually paid, and the two awards themselves are on the auction awards page.
Both sentences, word for word
M/s GAP Associates was awarded a plot through E-Auction for the development of Residential & Commercial Mixed-Use Development project. The Letter of Award was issued on November 14, 2024, and involves a total investment of approximately 2,000 Crore.
M/s Seksaria Buildcon LLP, in joint venture with The Amore Banquet, was awarded a plot through E-Auction for the development of a corporate 3-Star Hotel project in Dholera SIR. The Letter of Award was issued on December 24, 2024, and involves a total investment of approximately Rs. 35 Crore.
DICDL Annual Report 2024-25, for the year ended 31 March 2025, PDF pages 28 and 29
Status: OFFICIAL. Source: DICDL Annual Report 2024-25, for the year ended 31 March 2025, PDF pages 28 and 29. Last verified 4 August 2026. This record is published in full, with its own source quote, in the downloadable dataset.