Most of the people who are in the apartments of GIFT City have an income of 30 to 35%.
India’s first smart city GIFT (Gujarat International Finance-Tec City) is witnessing unprecedented growth in the real estate sector. This prompted the GIFT authorities to allocate additional land for the construction of 5,000 apartments. A tender has begun for the construction of housing infrastructure on 1.2 million square meters of this additional land.
Apartment prices in GIFT City have seen a steep increase of 30% to 35% in recent months. Developers executing residential projects on GIFT claim that despite price increases, they have managed to sell around 70-80% of the inventory before completing the projects. Moreover, according to developers, the return on investment in GIFT City can exceed real estate projects in other parts of the country, and potential buyers are willing to pay extra for the most up-to-date infrastructure built in the city.
Reputed builder project ongoing in gift city Shivalik Group, Shilp Group, Nila space, Bakeri Group, Shoba Group.
FINANCIAL AND TECHNICAL METRO CITY
Witness the vision of creating a hub for Indian and global financial and IT businesses. It is an exceptional, forward-thinking city, built on the foundations of sustainability. GIFT City presents an unprecedented ecosystem for vital economic activity with globally benchmarked, government-supported regulations, taxation, policies, and more. India and Gujarat.
