IFSC in GIFT City

Q: What is the current status of International Financial Services Centre which is being developed in GIFT city.?

Tarun Shah, Ahmedabad

13th March 2013

Real estate News in Ahmedabad

gift city

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international financial services centre

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Replies (5)

ANd rajiv..do you know that the operations of companies who have booked first floor will begin from April 2013.The second tower is expected to be completed in May 2013 with office operations starting from July 2013. The total investment made in these two towers is around Rs 1,000 crore.

Vikas Modi, Ahmedabad

18th March 2013

Comment

The infrastructure and cost advantage are attracting various financial institutions to move into GIFT City.Recently, Gujarat chief minister inaugurated the state’s tallest tower GIFT One. This 29-floor tower is built-up on 7 lakh sq ft of area.

Rajiv,

17th March 2013

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Yes Manohar..Gujarat government planned to set up GIFT City between Ahmedabad and Gandhinagar in 2007. GIFT City plans to cater to 8-10 percent of the financial services potential in India. It targets to develop 90 million square feet of social, commercial and residential projects.

Kamal Shekhawat, Ahmedabad

17th March 2013

Comment

GIFT city is a great initiative by Gujarat government. This project sprawls over 886 acres and is expected to generate 1 million new jobs in 10 years.

Manohar,

16th March 2013

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