Board of Directors

National Safety Day 2025

We are honored to be recognized as Best Safety Developer by GIFT City on the 54th National Safety Day (March 10, 2025). This award reaffirms our unwavering commitment to safety, sustainability, and excellence in real estate.

At Nila Spaces, safety isn’t just a standard—it’s our foundation. We continuously push boundaries with cutting-edge safety measures and sustainable practices, ensuring secure environments for our workforce and communities.

A huge thank you to our team, partners, and stakeholders for making this achievement possible. Here’s to building a safer, smarter, and more sustainable future!

Prashant Sarkhedi

Director Finance & Chief Financial Officer

Mr. Sarkhedi is a passionate professional with more than 23 years of experience in finance, accounting, fund raising and general management. He is a disciplinarian, has in-depth knowledge and insight on diverse subject matters and possesses excellent organizational and motivational skills.

Mrs. Kruti Shah

Independent Director

A Physics graduate by degree and a journalist by training, she has carved her professional journey across various roles in the field of content and communication. With positions like Senior Correspondent and Editor Lead at Times of India Group and Content Head at Chief Minister’s Office, Government of Gujarat, she has earned rich experience, knowledge and proficiency in her field. She led key assignments for Government of Gujarat and Government of India in documenting content, working on digital and social media platforms and framing communication strategies during her role as a Communication Head of a media company. She ventured upon her entrepreneurial journey with The First Penguin, where she spearheads assignments on research-based, in-depth and creative content and communication, including curating of training modules for various coaching firms and organisations. She is also the Founder of Mighty Acorns, a life-skills and communication programme for children.

Amit Chokshi

Independent Director

Mr. Amit Chokshi started his professional career working as Executive with Gujarat Steel Tubes Ltd (GST), Ahmedabad, in company’s Finance Department. He then worked with GST for around 7 years, from December, 1981 to November, 1987. Mr. Amit Chokshi joined GRUH Finance Limited (a subsidiary of HDFC Ltd – a company popularly known as ‘GRUH’), Ahmedabad. GRUH was an excellent niche-player providing finance into rural & semi-urban areas and it operated on Pan-India basis.

He handled retail operations of GRUH of different states, such as, Gujarat, MP, Chhatisgarh & Rajasthan. The Retail Operations encompassed varied functions such as Strategic Business Planning, Marketing, Credit Evaluation of eligible Home-loan customer, Legal & Technical Evaluation of properties under finance, Post-disbursal Servicing & handling of Collections. He handled work of Project Finance & Legal, as General Manager at GRUH. Mr. Amit Chokshi was also involved in tying-up for project finance with the leading developers, carrying out due diligence of potential project-developers & project under finance. GRUH operated its work of project financing on a PAN-India basis and all the processes (due diligence, sanction, disbursement, collection etc, was centralized at company’s Ahmedabad Head Office, under him.

His long professional association with GRUH with GRUH from Nov-1987 to June-2019 and working of more than 32-years into real estate field, enriched me with an excellent insight of working of real-estate & financing work. Post merger of GRUH Finance into Bandhan Bank, he worked as a professional Consultant (Project Finance & Legal), for 3.5 years period (July, 20219 to December, 2022)

Anand Patel

Executive Director

Mr. Patel had been the Additional City Engineer with the Ahmedabad Municipal Corporation. With over 35 years of hands on experience, he has put in massive efforts in looking after the construction of houses for the urban poor by engaging in Slum Relocation and in-situ Redevelopment; also the EWS/LIG houses under different schemes/programs by GoG, GOI. He has worked assiduously in zonal administrative and engineering projects related to public services. His positive steadfastness has proved to be a remarkable credential in his work area and has earned him elevated endorsements / accolades in the fields of planning, preparation of tenders, execution of capital works in water supply, drainage, SWD, public building works, bridges, roads.

Rajal Mehta

Independent Director

Ms. Rajal is an eminent Strategic Planner & 360o Marketing Consultant with professional educational background of Engineering & MBA. She is engaged in discovering her quest towards the business which she was passionate about from her childhood. She is the founder-CEO of “SMART TOUCH” – a strategic consultancy boutique engaged in exclusive consultancy especially in Real-Estate, FMCG, Health, and Education. Various reputed corporate clients (e.g. Rajani Group of Companies, Ban Labs, Samay Group, ICFAI Business School, & ICRI) as well as public sector undertakings have benefitted from her 15+ years of rich experience. She is a Specialist in perfecting the brand-image and business development based on her skillful ideas, planning, and implementation.

Shrinjay Joshi

Independent Director

Mr. Shrinjay S Joshi is commerce graduate and is an expert of financial services mainly into loan syndication and life insurances. He works through his firm SJ Associates and posses rich experience of more than ten years. Mr. Joshi was the Chairman of CII-Yi (Confederation of Indian Industry – Young Indian) Ahmedabad Chapter and currently he is Chairman of Western Region of CII-Yi.

Long-Term Satisfaction

Of Our Valued Customers, Who Have Invested Their Substantial Savings in The Dream House That We Build

We are dedicated to building more than homes, we create lifelong investments that reflect quality, sustainability, and value. Understanding that our customers entrust their hard-earned savings into their dream homes, we uphold the highest standards of integrity, transparency, and excellence. Our spaces are designed with sustainable, energy-efficient solutions and premium materials, ensuring durability, comfort, and long-term value. With a customer-first approach, we prioritize ethical business practices, clear communication, and dedicated post possession support. Backed by renowned industry experts and stringent quality checks, we remain committed for delivery which results in long term satisfaction as by product outcome.

Ethical & Transparent Governance

Through Integrity, Accountability, and Responsible Leadership

At the core integrity, accountability, and responsible leadership ensures the highest level of transparency and ethical governance, we undergo a rigorous internal audit of our GHG emissions conducted by external third-party agency. Our sustainability efforts are further validated and comprehensive calculation report from the globally renowned Deloitte. External audit by world best certification body TUV ensuring accuracy and accountability in our environmental impact assessments. By our multi dimension approach we have put check & balances through execution of every step by different agencies to eliminate conflict of interest.

Well-Being

Of The communities Around Us

We are enhancing the well-being of the communities around us, creating spaces that promote health, happiness, and sustainability. Our projects are designed with wellness-centric amenities. Beyond infrastructure, we embrace our social responsibility, actively in healthcare, education, and community development to uplift lives. With a strong focus on eco-friendly practices and sustainable living, we integrate green building solutions that ensures a healthier environment for future generations right from design stage. Through our unwavering intention to people, progress, and the planet, we are creating thriving, inclusive communities where well-being and prosperity go hand in hand.

Respect for The Environment

That Nurtures Us

We believe true progress lies in harmony with nature, not at its expense. Our commitment to the environment drives us to integrate green building initiatives that minimize our ecological footprint while maximizing sustainability. Through net-zero features, energy-efficient designs, and eco-friendly materials, we are redefining responsible construction. Our pursuit of carbon neutrality is reflected in every detail, from rainwater harvesting to advanced waste management. We embrace green facades to purify the air, regulate temperature, and enhance biodiversity. With every project, we are not just building structures but shaping a future where sustainability and innovation go hand in hand, ensuring a healthier planet for generations to come.

Respect for The Environment

Green Building Initiatives

At VIDA, Gandhinagar we are dedicated to building a sustainable future with eco-friendly materials and innovative design. Our responsible behavior for environmental has earned us the prestigious Platinum Precertification from the Indian Green Building Council (IGBC), the highest standard in the IGBC Green Homes Rating System right at design stage.

This achievement reflects our leadership in creating high-performance buildings that exceed green benchmarks through energy efficiency, resource management, and superior indoor environmental quality. At VIDA, our ideology of fostering healthier, more sustainable communities and paving the way for a greener tomorrow which can be realized practically.

Carbon Neutral Initiatives

We are dedicated to environmental stewardship through our comprehensive Carbon Neutral Initiatives. Our completed project, Capital Square in Gift City, Gandhinagar, is a modern coworking space for over 800 seats, designed to be carbon neutral and minimize environmental impact.

To ensure transparency, a carbon neutrality audit was conducted by TÜV India, certified our Greenhouse Gas (GHG) emissions per ISAE 3410, ISO 14067, ISO 50001 ISO 14064-1, PAS 2050 and PAS 2060 standards. Collaborating with Deloitte, we assessed our GHG emissions and followed strategic recommendations to offset them by purchasing carbon credits from Veera, supporting global carbon offset projects We lead in sustainable real estate development, championing carbon-neutral activities and investing in credible carbon offsets for a greener future.

Sustainability in Operation

Sustainability is at the core of our operations. We avoid unnecessary resource consumption by implementing a paperless workflow, leveraging our advanced ERP system for digital documentation. This enhances efficiency while significantly reducing waste. We actively reduce our carbon footprint by promoting electric vehicle adoption among our team and stakeholders, supporting a cleaner, greener urban environment. To offset our environmental impact, we invest in sustainable initiatives that contribute to carbon neutrality, ensuring responsible energy use and waste management. Recognizing that some environmental impact is residual, we continuously seek innovative solutions to mitigate our footprint, fostering a culture of sustainability that inspires responsible consumption and a greener future for our communities and the planet.

Natural Spaces

Our commitment to sustainability extends beyond our buildings. We have created over 258,336 sq. ft. of lush median green areas, enhancing urban biodiversity, cleaning the air, and cooling the microclimate to improve community well-being. We also revitalized 2,000 sq. m. of land around our coworking space, designing it as a refreshing, inspiring green retreat that fosters creativity and community. By seamlessly integrating nature into urban settings, we are dedicated to building sustainable, vibrant, and healthy environments for all.

VIDA

Through Integrity, Accountability, and Responsible Leadership At the core integrity, accountability, and responsible leadership ensures the highest level of transparency and ethical governance, we undergo a rigorous internal audit of our GHG emissions conducted by external third-party agency. Our sustainability efforts are further validated and comprehensive calculation report from the globally renowned Deloitte. External audit by world best certification body TUV ensuring accuracy and accountability in our environmental impact assessments. By our multi dimension approach we have put check & balances through execution of every step by different agencies to eliminate conflict of interest.

PRANA

At PRANA, We are redefining urban living through innovative Vertical Greenery in our landmark high-rise project. Our 10,000 sq. ft. vertical green façade enhances visual appeal while improving air quality, reducing noise, and supporting biodiversity. An 18,000 sq. ft. rooftop terrace offers a serene retreat, promoting energy efficiency by reducing urban heat. Connecting towers are 12,000 sq. ft. of green spaces that blend architecture with nature, fostering community interaction and offering scenic view

Educational Activities

In Ambaji district, Gujarat, we are empowering local communities through sustainable education initiatives that foster holistic development. Our efforts focus on enhancing education quality and supporting underprivileged students, especially girls.  

Infrastructure Improvement: Upgrading school facilities, classrooms, and learning tools to create a stimulating environment for students.

Child Education Programs: Providing education, transportation, and career guidance to schoolgirls, with many now excelling in government jobs, medicine, and engineering.

Advanced Learning Opportunities: Establishing a computer lab with online teaching services, offering personalized guidance to bridge the digital divide.

Skill Development & Vocational Training: Offering programs like sewing and beauty parlour training to empower individuals with self-sufficiency and economic independence.

Health Front

We are enhancing community health by providing accessible, high-quality healthcare and promoting overall wellness. Our initiatives strive to build a healthier future for generations to come. As of December 2024, we have supported 1,062 high-risk malnourished women, leading to 962 successful pregnancies. Remarkably, there have been zero maternal or newborn deaths among our beneficiaries, reflecting the impact of our dedicated care.

Primary Health Centre & Community Care:   A state-of-the-art health center on our school premises provides accessible healthcare, regular check-ups, vaccinations, and health education for the community.

Fighting Tuberculosis in Ambaji: Our efforts in early detection and treatment have reduced the TB prevalence rate in Ambaji from 5% to 0.5%, showcasing our commitment to eradicating preventable diseases.

Maternal & Child Health Support: We provide prenatal and postnatal care, ambulance services, and doctor facilities, ensuring safe pregnancies and healthy births. Our efforts have resulted in zero pregnancy failure and no child malnutrition.

Comprehensive Healthcare: We organize health camps, awareness drives, and vaccination programs, educating the community on hygiene, nutrition, and healthy lifestyles.

Social Upliftment

We are committed to uplifting vulnerable communities, ensuring they live with dignity and hope. Since April 2022, in collaboration with Sambhav Trust, we have distributed 3,450 kits as of December 2024. Every month, 100 beneficiaries continue to receive support without interruption, reinforcing our dedication to sustainable impact.

Supporting Salt Workers:   We focus on helping salt workers who face harsh working conditions and challenges during retirement, often without family support.

Monthly Food Kit Distribution: To ease their burdens, we provide monthly food kits with essential groceries, ensuring balanced nutrition and financial relief.

Reaching the Neediest: Our team actively identifies those most in need, building trust within the community to deliver targeted support.

Restoring Dignity and Hope: Our initiatives go beyond assistance we aim to restore dignity, offer hope, and empower individuals to live with respect and self-worth. Nila Spaces is committed to standing by them, ensuring they never feel alone.

Corporate Governance Philosophy

Our approach to corporate governance is anchored in transparency, fairness, equity, and accountability. We believe in doing the right things, not just doing things right, ensuring that our actions align with ethical principles and long-term value creation. By upholding the highest standards of integrity, we foster trust among all stakeholders. Our commitment to governance excellence drives us to optimize resource utilization while safeguarding stakeholder rights, reinforcing our dedication to responsible and sustainable business practices.

Nila Spaces maintains a balanced and diverse Board composition, ensuring effective leadership and strategic oversight. Our Board includes a mix of Executive and Non-Executive Directors, with four Independent Directors, including two women directors, promoting diversity and independent judgment. This structure complies with Section 149 of the Companies Act, 2013, and SEBI (LODR) Regulations, 2015.

Internal Control Systems

We have robust, process-driven internal control systems that ensure compliance with financial and accounting policies. Our system-driven governance framework clearly defines roles and responsibilities, reinforced by a Risk Management Framework (ERM-driven) and strategic planning processes. Adhering to ISO 31000 principles, we proactively identify, assess, and mitigate risks to enhance decision-making and resilience. Financial statements undergo rigorous internal audits and approval processes, ensuring transparency and accountability. Additionally, our ERP-driven system strengthens financial integrity through role segregation and structured approval workflows, reinforcing a culture of compliance and operational excellence.

Work Culture and Human Resources

WE believe in a collaborative and motivating work culture. Our HR policies are designed to attract, nurture, and reward high-caliber talent, promoting an inclusive and dynamic workplace. We focus on capability-building, progressive employee relations, and maintaining a strong talent pipeline, empowering every team member to contribute to sustainable growth. We actively invest in youth development, providing opportunities for fresh talent to thrive, while recognizing and rewarding dedicated employees who drive innovation and excellence.

Strategic Growth and ESG

We continue to explore opportunities in the evolving real estate sector, leveraging our expertise in affordable housing and expanding into co-living spaces, co-working environments, and service apartments. Our strategic growth is underpinned by a strong commitment to Environmental, Social, and Governance (ESG) principles, guided by globally recognized frameworks such as GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board), TCFD (Task Force on Climate-related Financial Disclosures), and UN PRI (United Nations Principles for Responsible Investment).

We actively work towards minimizing carbon emissions, acquiring carbon credits, and conducting independent audits in line with these frameworks. A dedicated ESG team, comprising both employees and external experts, ensures strict alignment.

Commitment to Stakeholders

Nila Spaces is committed to creating long-term sustainable value for all stakeholders. By maintaining the highest standards of corporate governance, ethical conduct, and social responsibility, we continue to build trust and contribute positively to the communities we serve.

15th Realty + Conclave & Excellence Awards-2023-Gujarat

At the 15th Realty + Conclave & Excellence Awards-2023 (Gujarat), Nila Spaces Limited received accolades for its outstanding marketing campaigns for its premier project, VIDA. The awards included:  

Digital Marketing Campaign of the Year – award highlights the company’s exceptional digital strategies.

Innovative Marketing Concept of the Year – recognizing creative marketing efforts.

OOH Campaign of the Year – demonstrating excellence in out-of-home advertising.

Proptech Realty Firm of the Year – acknowledging the company’s innovative approach to property technology.

19th Edition CFO Vision & Innovation Summit & Awards 2024

We are honored to receive the Finance Team of the Year – Sustainability & Real Estate award at the 19th CFO Vision & Innovation Summit & Awards 2024, recognizing our leadership in driving sustainable financial initiatives.

ESG & CLEANTECH Summit & Awards 2024

ESG Visionary of the Year – Real Estate at the ESG & Cleantech Summit & Awards 2024, also awarded to CFO & Director Mr. Prashant H Sarkhedi, acknowledging his strategic contributions to environmental, social, and governance (ESG) practices.  

Best ESG Initiative to Reduce GHG Emissions – Real Estate at the ESG & Cleantech Summit & Awards 2024, further solidifying Company’s commitment to sustainability.

International Financial Services Centre (IFSC)

The International Financial Services Centre (IFSC) at GIFT City is transforming India into a global financial powerhouse. Strategically located between Ahmedabad and Gandhinagar, this state-of- the-art financial hub rivals’ international centers like Singapore and Dubai. It enables seamless international banking, insurance, and capital market transactions in multiple currencies, attracting leading global financial institutions.

Governed by the International Financial Services Centers Authority (IFSCA), the IFSC offers a streamlined regulatory framework, ensuring ease of doing business. It provides powerful incentives, including tax exemptions on capital gains and dividends, along with a reduced Minimum Alternate Tax (MAT), making it a highly profitable destination for international investors.

Equipped with cutting-edge infrastructure, secure data centers, and world-class trading platforms like India INX and NSE IFSC, the IFSC delivers unmatched efficiency and security. Its strategic location, with excellent connectivity to international airports, further enhances its appeal to global financial giants. The IFSC at GIFT City is not just a financial hub; it is a catalyst for economic growth, driving foreign investment, creating employment, and integrating India into the global financial ecosystem. With its bold vision and strategic advantages, it is set to redefine India’s position on the world financial map.

Sustainability and Green Living

Sustainability and Green Living are at the core of GIFT City’s vision, setting a new standard for eco-friendly urban development in India. Designed as a smart and sustainable city, GIFT City seamlessly integrates green practices to minimize its environmental footprint while enhancing the quality of life. 

The city features energy-efficient buildings with LEED-certified designs, maximizing natural light and ventilation. It is home to India’s first District Cooling System, reducing energy consumption by 30%, and relies on renewable energy sources to power its infrastructure. GIFT City also emphasizes efficient water management with advanced recycling systems and rainwater harvesting.

Luxury Living and Lifestyle

Luxury Living and Lifestyle is a standout feature of GIFT City, offering an unmatched urban experience. Designed as a modern smart city, GIFT City combines world-class residential spaces with premium amenities, creating a vibrant and sophisticated community. 

The city boasts luxury apartments, serviced residences, and high-rise condominiums with elegant designs and breathtaking views. Residents enjoy state-of-the-art facilities, including exclusive clubs, fitness centers, swimming pools, and landscaped green spaces. GIFT City also offers a dynamic lifestyle with high-end retail outlets, fine dining restaurants, entertainment hubs, and cultural centers. 

With its smart infrastructure, 24/7 security, and seamless connectivity, GIFT City provides a perfect blend of comfort, convenience, and luxury. It sets new standards for urban living, attracting global professionals and families seeking an upscale.

Tax and Regulatory Advantages

Tax and Regulatory Advantages are powerful incentives that make GIFT City a preferred destination for global businesses and investors. As India’s first International Financial Services Centre (IFSC), GIFT City offers a favorable regulatory environment and attractive tax benefits, enhancing profitability and ease of doing business.

Businesses operating within the IFSC enjoy tax exemptions on capital gains, dividends, and interest income, along with a reduced Minimum Alternate Tax (MAT) rate. There is also a 100% tax holiday for 10 consecutive years out of the first 15 years, providing significant cost savings. Additionally, exemptions from Securities Transaction Tax (STT), Commodity Transaction Tax (CTT), and GST on certain financial services make GIFT City highly competitive compared to other global financial hubs.

The regulatory framework, governed by the International Financial Services Centers Authority (IFSCA), ensures streamlined compliance and operational flexibility, encouraging international banks, insurance companies, and financial institutions to set up operations. These strategic tax and regulatory benefits make GIFT City an ideal environment for global business expansion and investment.

World-Class Business Spaces

World-Class Business Spaces are a defining feature of GIFT City, positioning it as a premier global business hub. Designed to international standards, GIFT City offers state-of-the-art office spaces that cater to the needs of multinational corporations, financial institutions, and startups alike.

These business spaces are equipped with advanced technology infrastructure, including high-speed internet, intelligent building management systems, and 100% reliable power supply, ensuring seamless operations. The city’s iconic high-rise towers and flexible office layouts provide an ideal environment for productivity and innovation. Strategically located with excellent connectivity to international airports and urban centers, GIFT City’s business spaces attract global investors and professionals. By offering a dynamic and efficient work environment, GIFT City fosters growth, collaboration, and economic development, solidifying its status as a world-class business destination.

Smart City Infrastructure

Smart City Infrastructure is at the heart of GIFT City, setting new benchmarks for urban innovation in India. Designed as a futuristic city, it seamlessly blends cutting-edge technology with sustainable living. 

GIFT City features an advanced Underground Utility Tunnel for efficient power, water, and data distribution, and India’s first District Cooling System, reducing energy consumption by 30%. Its Smart Transportation Network ensures seamless mobility with automated traffic management and pedestrian-friendly zones. Powered by a 100% reliable power supply and a high-speed ICT Network, GIFT City offers unmatched connectivity and security.

GIFT City: Catalyzing Gujarat’s Economic Transformation

GIFT City (Gujarat International Finance Tec-City) is India’s pioneering smart city and a financial powerhouse located in Gujarat. Launched in 2007 as a strategic joint venture between the Government of Gujarat and Infrastructure Leasing and Financial Services (IL&FS), GIFT City was envisioned as a world-class financial hub designed to attract global financial services companies to India.

Unmatched Advantages of Investing in GIFT City

GIFT City stands out as a premier investment destination, offering unparalleled benefits: 

Prime Location: Close to major business hubs like Ahmedabad, Gandhinagar, Surat, and Mumbai, GIFT City is a strategic gateway for domestic and international trade. 

Business-Friendly Ecosystem: The city provides world-class infrastructure tailored for financial and tech companies, along with modern office spaces, premium amenities, and robust communication networks. 

Attractive Tax Incentives: GIFT City offers a 10-year corporate tax holiday, customs and excise duty exemptions, and a streamlined single-window clearance system, significantly easing the business setup process.

Abundant Skilled Talent: Proximity to premier educational institutions ensures access to a highly skilled workforce, driving productivity and innovation.

Progressive Regulatory Framework: GIFT City operates under a unique regulatory regime, offering flexibility, simplified approvals, and multi-jurisdictional operations for financial products and services.

A Visionary Financial Hub with Global Standards

Strategically positioned between Ahmedabad and Gandhinagar, GIFT City spans 886 acres and is home to India’s first International Financial Services Centre (IFSC), regulated by the International Financial Services Centre Authority (IFSCA). Inspired by global financial centers like Singapore and Dubai, the city offers cutting-edge infrastructure, international connectivity, and a business-friendly environment. It’s meticulously designed as a greenfield project focused on sustainable development, featuring state-of-the-art office spaces, residential complexes, commercial hubs, and social infrastructure, including hospitals, schools, and recreational facilities.

A Magnet for Domestic and Foreign Investment

GIFT City’s strategic advantages are driving significant domestic and international investments: 

Special Economic Zone (SEZ): Generous tax incentives, including 100% income tax exemption for the first five years, make GIFT City a magnet for business expansion.

State-of-the-Art Infrastructure: Advanced digital connectivity, reliable power supply, and efficient transportation systems ensure seamless business operations.

Access to Skilled Talent: Located near India’s top educational institutions, GIFT City provides a rich talent pool of finance and tech professionals.

Investment-Friendly Regulations: The city’s business-friendly policies and a streamlined single-window clearance system enhance investor confidence.

Financial Powerhouse: GIFT City’s focus on banking, asset management, and insurance creates a vibrant financial ecosystem, attracting businesses and professionals worldwide.

Driving Gujarat’s Economic Growth and Development

Since its inception, GIFT City has been a powerful driver of economic growth in Gujarat, contributing significantly to the state’s development: 

Employment Opportunities: With over 15,000 professionals employed across sectors like banking, insurance, IT, and engineering (as of 2021), GIFT City is a key employment generator in the region.

World-Class Infrastructure: The city boasts advanced office spaces, residential complexes, and recreational amenities, backed by modern transportation systems and high-speed communication networks.

Investment Magnet: A hotspot for Indian and foreign investments, GIFT City is also nurturing a thriving startup ecosystem and fostering innovation.

Economic Impact: It has accelerated growth in crucial sectors such as banking, finance, and insurance while paving the way for emerging industries like fintech and cybersecurity.

Global Recognition: GIFT City has earned international acclaim as one of the most promising emerging business hubs, enhancing Gujarat’s stature on the global economic map.

Transforming Gujarat’s Real Estate Landscape

GIFT City’s rapid development has dramatically impacted Gujarat’s real estate market: 

Prime Location Advantage: Situated between the political and business capitals of Gujarat, GIFT City’s connectivity to major highways and airports has significantly boosted real estate demand.

Futuristic Living and Business Spaces: With state-of-the-art infrastructure, advanced security systems, and luxury amenities, GIFT City is a preferred destination for both businesses and residents.

Economic Growth Catalyst: The city’s expansion has spurred the growth of retail, hospitality, and other industries, further driving real estate demand and enhancing property values.

GIFT City: The Next Growth Engine for Gujarat

As India’s first operational smart city and a powerhouse for international finance and technology, GIFT City is poised to revolutionize Gujarat’s economic landscape. Key factors driving its growth include:

Strategic Location: Perfectly situated between Ahmedabad and Gandhinagar and along NH48, GIFT City enjoys seamless connectivity to major cities like Delhi, Mumbai, and Bengaluru, making it an ideal business destination.

Futuristic Infrastructure: The city features state-of-the-art infrastructure, including a high-tech business district, 24×7 power supply, high-speed internet, and a unique underground utility tunnel network, ensuring uninterrupted operations.

Pioneering International Financial Hub: As India’s first IFSC, GIFT City offers comprehensive international financial services, empowering businesses to tap into global markets with ease.

Employment Powerhouse: With top corporations like TCS, Bank of Baroda, and ICICI Bank already established, GIFT City is set to create abundant employment opportunities as more businesses flock to the hub.

Promising Future Prospects

GIFT City’s future is bright with immense growth potential: 

Strategic Positioning: Located in one of India’s most industrialized regions, GIFT City is well- positioned to attract global investors.

Smart City Infrastructure: As a greenfield smart city, it boasts world-class infrastructure and sustainability-focused design. 

Incentives and Opportunities: Competitive tax benefits, international business opportunities, and a thriving financial services ecosystem make GIFT City an attractive investment destination.

Hub for Financial Innovation: Poised to become a global financial powerhouse, GIFT City is driving the future of banking, insurance, and financial services.

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