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Ahmedabad 5 days ago
An Infrastructure Savvy project is already underway in Gift City.
Gift City allocates 1 million square feet of built area to Savvy. The project will create new employment opportunities for around 8,000 people.
Smart City – Gift City and International Financial Services Center (IFSC) have allocated a 10 lakh square foot (BUA) construction area to Savvy Infrastructure Pvt. Ltd. for the development of residential, commercial and social buildings in the Gift SEZ area. As part of this, Sevi will develop around 5 projects and around Rs. Invest Rs 700 crore. This will be one more addition to the 23-story commercial tower with offices and a Free Trade Warehouse Zone (FTWZ) operating in the Gift SEZ zone.
Savvy’s total investment in gifts is Rs. Will reach 1000 crores
“People will enjoy the benefits of living and working in smart cities, which is why we have decided to go ahead with integrated urban development projects here,” said Jakshay Shah, CMD, Savvy Infrastructure Group . According to the proposed allocation, Savi will develop various sub-projects in a built-up area of 10 lakh. These sub-projects include office buildings, logistics spaces, a business center, a residential complex, a university building and an international club. Our total investment with the existing commercial tower in Gift City is Rs. 1000 crore
It will be a world-class designer building
Jakshay Shah said that all of these new projects at Gift will create real new job opportunities for around 8,000 people. Our first office tower project in the 5 million square foot BUA in Gift City received an encouraging response and was almost fully leased. Construction of the new projects will begin on time and other global financial centers will develop state-of-the-art designs and facilities.
The real estate sector will gain momentum in Gift City
Gift City MD and CEO of Tapan Ray Group said the large allocation for real estate in the difficult times of Covid-19 will give the real estate sector a boost in the region. This is proof that Gift City was the perfect place to stay in the post-Kovid period. Gift City is a great example to follow when policymakers face the challenge of developing future mechanisms for building cities in times of epidemic. We are pleased that Savvy is making an unprecedented investment in the critical phase.