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Q: GIFT City has launched Phase-2 development.
Latest Answer: 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.
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Q: Hi, Since the day Narendra Modi has taken oath as the Prime Minister of India smart cities have become the burning topic. As per the BJP's declaration, there is a plan to develop 100 smart cities and some of the existing cities will be transformed like GIFT.
Latest Answer: Hi Guys As per The AIF Fund, the Reliance Capital has rated as CRISIL Fund Management Capability Level - 1 indicating it possess highest standards in fund management capability and investment processes.
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Q: Hi, Hi, Modi's mega-dream project, Gujarat International Finance Tec-City (GIFT City), having achieved financial closure for its Phase-I infrastructure development.
Latest Answer: Hey Guys, As per the recent news Reliance Capital has received 5 laks square feet of space in Gujarat International Finance Tec-City (GIFT) in the International Finance Service Centre (IFSC), Special Economic Zone. It is heard that the company will base its Global Alternate Investment Funds, its commodity exchange and other international business in this location.
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Q: What is the current status of International Financial Services Centre which is being developed in GIFT city.?
Latest Answer: 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.
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