Gujarat elections 2012: In BJP sweep of industrial belt, 2 car zones prove an exception

Dec 21 2012, 10:20 IST
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Employees work inside the newly inaugurated plant for the Tata Nano car at Sanand in Gujarat June 2, 2010. (Reuters) Employees work inside the newly inaugurated plant for the Tata Nano car at Sanand in Gujarat June 2, 2010. (Reuters)
SummaryBJP candidates lose in Sanand and Viramgam, home to Tata Nano and Maruti Suzuki projects

is the development agenda of Modi that has worked. In Halol, which has seen big-ticket investments like the Rs 1,100 crore, two-wheeler manufacturing plant of Hero Motocorp, BJP candidate and Minister of State for Roads and Buildings Jayadrathsinhji Parmar won by 30,000 votes.

Industrialisation and investments have caused an escalation in land prices in this region, which, in turn, has led to an appreciation in the wealth of land-holders, especially farmers.

Experts say that in districts such as Patan and Surendranagar, investments in solar power projects have helped farmers realise the value of their respective land-holdings.

“The poll result is a big thumbs-up for the state government’s development agenda. Be it Sanand, Halol, Dahej, Vapi, Gandhidham, Vadodara, a lot of investments have fructified in the last five years. Even by rough estimates, the land prices in these industrial zones have more than doubled,” said Nirav Kothary, head of Jones Lang LaSalle (JLL), a global real-estate consultant.

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