Gujarat International Finance Tec-City (GIFT City) has announced the launch of Office Buildings in the SEZ & Non SEZ Area. With this the next phase of development has started. Speaking about the latest development at GIFT City, Mr. Ajay Pandey, MD & Group CEO, GIFT City said, “Apart from BFSI and IT players, GIFT City is also witnessing a flurry of activities in the real estate space. We have reputed builders like Hiranandani Group, Brigade Group, Prestige Group, Savvy Group and others who have taken up development of offices, residential and hotel projects for the occupants in GIFT City. Construction work for Gujarat’s first World Trade Centre (WTC) in GIFT City is also in full swing. We now invite other internationally and nationally acclaimed developers to become part of the GIFT City project which is now emerging as a new business destination.”
GIFT City has invited proposals from international and national developers to participate in developing Office Buildings in the SEZ as well as the non-SEZ areas. So far the response is good from the leading BFSI, IT Companies and the real estate developers. It has already made allotment of over 15 million sq ft of built up area (BUA) in the SEZ and non-SEZ area for development of Offices, Residential Apartments and other facilities to be developed at an estimated investment of more than Rs 10,000 crore.