At the Shivalik Group, we pride ourselves on being at the forefront of the real estate industry, keeping a keen eye on burgeoning opportunities. One such burgeoning opportunity is "investing in Gift City," India's first operational smart city and the brainchild of our esteemed Prime Minister, Shri Narendra Modi.
Gift City has been on an impressive upward trajectory lately, prompting many to wonder, "Is it really worth investing in Gift City?" To answer this question, we're taking a closer look at the smart city and the potential it holds for "real estate investment in Gift City"
Investing in Gift City comes with a multitude of advantages. Here's why:
Gift City is on the path to becoming one of the world's premier financial hubs. With a committed investment of Rs 11,000 crore from 140 companies and an average daily turnover exceeding USD 4 billion on international exchanges within Gift City, the city is marking its place on the global financial map.
Gift City is home to India’s first and only IFSC, a multi-service Special Economic Zone (SEZ). With more than 125 licensed financial entities from the Banking sector, Insurance sector, and Capital Markets, the IFSC positions Gift City as an appealing option for investing in Gift City.
Over the next five years, Gift City is set to expand its residential real estate space by 55 lakh square feet, backed by an investment of Rs. 2,700 crore. This growth signifies a strong focus on infrastructural development, further enhancing the prospects for real estate investment in Gift City.
A rising number of global and domestic companies are setting up operations in Gift City, driving increased demand for residential units. To meet this demand, esteemed developers like us at the Shivalik Group are creating innovative designs that align with the 'walk to work' concept, presenting further opportunities for real estate investment in Gift City.
With lower tax rates on investments made in IFSC and an increasing number of Alternative Investment Funds (AIFs) finding a base in IFSC, Gift City has become an attractive destination for NRIs and foreign investors.
is it really worth investing in Gift City? The answer is a resounding yes. With its rapid growth, robust financial sector, expanding residential real estate, and favourable investment environment, Gift City is an enticing proposition for any real estate investor.
At Shivalik Group, we're poised to help you navigate this promising landscape. Contact us today and let's explore the potential of real estate investment in Gift City together.
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