Development of GIFT City Ph-2 will start soon

Q: GIFT City has launched Phase-2 development.

Awar Ali,

15th December 2015

Real estate News in Mumbai

gift city

ifsc

gift city ph-2

gift city ph-1

gift sez area

gift ifsc area

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After getting overwhelming response from realty developers for Ph-1, it made allotments of over 14 million sq-ft. of built up area in the SEZ and non-SEZ area for development of office towers, residential apartments and social facilities to be developed at an estimated investment of around Rs 9600 crore.

Kalki K,

15th December 2015

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Right Kalki,
With the launch of Ph-2 development, GIFT City has initially invited proposals from developers to develop office towers in SEZ and non-SEZ areas.

It is said that development of a total 62 million sq-ft.of built up area spread over 3 phases for setting up first global financial hub on the lines of London, Dubai, Hong Kong and New York. On On completion, GIFT project will provide one million direct and indirect jobs.

akhilesh pal,

15th December 2015

I hope that ph-2 to do even better and attract many more players, both from India as well as globally to participate in GIFT City and its IFSC project in GIFT SEZ. My best wishes with GIFT City.

Kalki K,

15th December 2015

I hope too Kalki. Development of completed unique infrastructure, project single-window clearance and conducive regulatory environment has made GIFT City a favoured destination for various players to participate in the development of GIFT City.

akhilesh pal,

15th December 2015

Yes, they have launched Ph-2 in which, focus will be on the country's first International Financial Services Centre (IFSC) being set up in the GIFT SEZ area.

akhilesh pal,

15th December 2015

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