India is gradually becoming the best business hub for big business brains. Google, a global tech giant, is all set to establish its worldwide fintech operational center at the Gujarat International Finance Tec-City (GIFT City) in India. This decision marks a significant milestone in Google's expanding presence within the fintech industry and highlights India's growing importance as a global fintech hub.
GIFT City - A Sneak Peek
GIFT City, located near Ahmedabad in the state of Gujarat, has rapidly emerged as a prominent financial and technology center in India. The city's strategic location, state-of-the-art infrastructure, and robust regulatory framework have attracted numerous domestic and international companies to set up operations there. With Google's entry into GIFT City, the city's status as a fintech powerhouse is set to be further cemented.
The launch of Google’s financial technology operational center in GIFT City has invited exciting opportunities for startups, businesses and commercial investors. As the city’s status continues to rise, the demand for commercial office space for sale is expected to skyrocket. For those planning to capitalize on this growth, GIFT City offers a range of choices, including office space for sale in GIFT City that caters to diverse business needs.
Real Estate in GIFT City
Office spaces for sale in GIFT City provide an ideal investment opportunity for businesses seeking a strategic location in India’s financial and technological landscape. The GIFT City’s robust infrastructure, world-class amenities, and business-friendly policies have made it an attractive destination for both domestic and international (NRI) investors. And the launch of Google in this GIFT City has boosted the demand for commercial office spaces for sale in GIFT City. GIFT City offers a huge range of commercial office spaces, ensuring businesses find that they perfectly match their business requirements. Whether it is a small startup, a growing business or a well-established business, GIFT City has commercial office spaces for all types of businesses. Commercial office spaces for sale in GIFT City allow businesses to establish their own presence in a cutting-edge financial and technological sector.What is in the GIFT City?
The city primarily consists of banks, capital market entities, insurance companies, and captive manufacturing units. Currently, 142 SEZ operational units and international exchanges handle an average turnover of $4 billion per day. The banking businesses in IFSC amounted to $28 billion in 2020, while insurance businesses had up to $30 billion.
Currently, over 200 companies have established themselves in GIFT City. Notable dwellers in the SEZ area include the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Brokers Forum. Additionally, major international banks such as State Bank of India, YES Bank, Federal Bank, Standard Chartered, and top insurance companies, including Life Insurance Corporation of India (LIC), New India Assurance, and Edelweiss, have also set up shops in the area.
GIFT City also houses the tallest commercial building in Gujarat - GIFT One and GIFT Two. With this, GIFT City also has office buildings for the GIDC-Gujarat Industrial Development Corporation, Hiranandani Group and Prestige Group.
Whereas in the non-IFSC area, the top dwellers are HDFC Bank, Bank of Baroda, TATA Consultancy Services (TCS), Oracle and the National Insurance Company. Also, GIFT City houses social amenities and residential complexes like hospitals, petrol pumps, schools, hotels and business clubs.
Own Your Property in GIFT City
Google's announcement of a worldwide fintech operational center at GIFT City is a significant development for both the tech giant and the city itself. The move strengthens Google's position in the fintech industry and puts GIFT City on the map as a leading global business destination.
With commercial office spaces available for sale, businesses and investors have a chance to be part of GIFT City's transformative journey and reap the rewards of being at the heart of India's financial and technological revolution. If you are an NRI and searching for commercial office spaces for sale in GIFT City to invest in, RES Management is your one-stop property solution. Get in touch with us and get all your property problems quality solutions within no time.
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