IBM, Capgemini, and Google Drive GIFT City's Real Estate Boom
GIFT City, India's first major financial hub in Gandhinagar, sees a huge influx of corporations. IBM opens a 60,000 sq. ft. facility, Capgemini runs from a 45,000 sq. ft. space, and Google partners with leading global players. These big moves fuel demand for housing, building 4,500 units within parks, malls, and amusement areas.
Corporate Giants Anchor Expansion
Tech leaders reshape the skyline. IBM's new base attracts skilled workers and professionals, promising steady office demand. Capgemini expands, securing premium spaces for long-term leases. Google seeks partnerships, promising more foreign investment. Stable tenants mean reliable rents in office towers.
Such stable firms commit deeply. In contrast to fragile markets, their presence is firm. Premium office spaces attract banks and fintech.
Residential Surge Meets Demand
Workers migrate here, searching for homes. Developers build 4,500 units from luxury flats to family apartments. Proximity to offices reduces commutes. Central parks provide green escapes, malls offer shopping and dining, and recreational areas boost lifestyles.
- Parks and open spaces: Fresh air in an urban setting.
- Malls: Shopping and dining centres.
- Recreation: Gyms, jogging tracks and yoga desks for an active lifestyle.
NRIs see value here. Tax perks and 15%+ return on investments attract overseas buyers to buy luxury apartments.
Green Platinum Status Seals Appeal
GIFT City achieves India’s first IGBC Green Cities Platinum for its greenfield smart city. Energy-efficient structures, smart waste management, and clean transit are highlighted. Pollution-free zones draw eco-conscious firms and families.
This rating boosts property values. Green hubs appeal to global talent, including startups and VCs. IFSCA oversight helps, linking India’s finance scene with the global market.
Why Invest Now?
Growth happens swiftly. Corporate giants drive rent increases. Residential projects match incoming workers' needs. Eco-friendly credentials preserve assets’ value. GIFT blends business and living seamlessly, from offices to homes.
Phased supply avoids oversupply. Gujarat's solar lead and IT boom boost demand. As mutual funds invest trillions, this hub connects local-global markets.
GIFT City grows, moving beyond finance to a thriving ecosystem. Big moves by IBM, Capgemini, and Google usher in a prime real estate era.