GIFT city Gujrat

Q: Hi..how about investing in Gift city, Gujarat? what are the updates?

Vikas Modi, Ahmedabad

7th March 2013

Investment Advice in Gandhinagar

gift city

apartments in gandhinagar

gandhienagar real estat

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Replies (7)

I am really interested to know about the real estate market of Gift City and current price going on.

Neeraj Rao,

26th February 2015

Comment

Due to the development of GIFT City, there is a good realty growth in the proximity of the region, though there is no development within the region yet. It may take about 2-3 years for residential projects to come up within the region. One may find a good number of apartments, plots and independent houses here. The most common configurations are 1, 2 and 3BHK units. There are a few higher configuration units also available.

Currently there is good residential realty growth in neighbouring areas. The property values in Sargasan are in the range of Rs 2,400-2,800 per sq. ft. On SG Highway, it is about Rs 3,700-4,200 per sq. ft. Due to the proximity to GIFT City, the property prices have appreciated well in these areas. The areas have witnessed an appreciation of about 2.5-4 per cent.

Jyothi J, Ahmedabad

26th February 2015

Hi,
How to buy a residential apartment/site in GIFT city? And approximate cost?

Anil Maheshwari, Apartment Resident

5th March 2014

Comment

Hello Monika,
Gift City at Gandhi Nagar in Gujarat is a Global Financial Service Hub which has Banking, Insurance, Corporate Park, Stock Exchange, Shopping Malls, Service Units, Entertainment Zone, Star Hotels, A Convention Center, International Education Zone, Integrated Township etc. Residential Apartments available in it is not for outsiders or for common people those who has commercial units in or the employee working in it can book their apartments or villas in it.

Or,

To get best property as per your requirements in Gift City, Gandhinagar plz. follow the following links Property For Sale In Gift City

Vikash V, Ahmedabad

11th March 2014

Yes varun..Even 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.

Veena K,

15th March 2013

Comment

Hi all..i hear that 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. The construction of this tower started in June 2011 and completed in January 2013. As per media statements, the operations of companies who have booked first floor will begin from April 2013.

Varun,

15th March 2013

Comment

Gujarat government planned to set up GIFT City between Ahmedabad and Gandhinagar in 2007. With an estimated cost of Rs 78,000 crore, the project is being implemented by GIFT Co. This project sprawls over 886 acres and is expected to generate 1 million new jobs in 10 years.

Lokesh Patwa,

15th March 2013

Comment

Hey Vikas..Gift city is an initiative from Gujarat government which emphasize on infrastructure. i believe that gift city has great potential.It is desIgned to be a global financial services hub...it is developed
and implemented by Gujarat International FinanceTec-City Limited (GIFTCL) on a Public Private Partnership formatans

Tarun Shah, Ahmedabad

9th March 2013

Comment

Hi Vikas...The completion of GIFT city will provide quality infrastructural development which will facilitate the operations of many reputed finance and tech firms. The special economic zone (SEZ) will generate many employment opportunities which in turn will increase the demand of residential projects in and around Gandhinagar. The site is 12 KM from the Ahmedabad International Airport and 8 KM from Gandhinagar.

Vinu S,

9th March 2013

Comment