Friday, October 17, 2014

#Brigade Group to invest Rs.500 crores in #Gujarat International Finance Tec-City (GIFT City)

Allotment of 1.1 mn. sq. ft. of BUA has been made to Brigade Group for development of Commercial, Residential, Retail Mall and Hotel projects in SEZ & Non-SEZ Area in GIFT City.
Saurabhbhai Patel, Minister (Finance & EPD), GoG during a road show of Vibrant Gujarat in Bangalore said, “We are happy that Brigade Enterprises Ltd., Bangalore for the first time participated in Gujarat, and has taken up large development in GIFT City, Gujarat to provide facilities like offices for Financial Services & IT, Residential, Retail Mall & Hotels with an estimated investment of around Rs. 500 Cr.”
"We are pleased to be part of our Hon’ble Prime Minister Shri Narendra Modi’s vision of creating 100 SMART Cities in our country and look forward to making it a success,” said M.R. Jaishankar, CMD, Brigade Group.
Gujarat government on Wednesday allotted 300,000 square feet of built up area to the BSE Brokers’ Forum for setting up a commercial tower at Gujarat International Finance Tec-City (GIFT City).