Diamond Research and Mercantile City

It will be built on 810 hectares (2,000 acres) of land near Khajod, along the lines of the Gujarat International Finance Tec-City and Dholera Smart city near Ahmedabad.

The special purpose vehicle, named DREAM City Company Limited, was formed by the passage of a resolution in the assembly of the state government.

[9] The Government of Gujarat also announced plans to set up a textile university at DREAM City.

[10] The foundation stone was laid by the Chief Minister of Gujarat, Anandiben Patel, on 15 February 2015.

[11] The project is to be completed in three phases by the Gujarat Infrastructure Development Board, with the Surat Municipal Corporation assisting with soil testing in places.