Gujarat International Finance Tec-City—popularly known as GIFT City—is no longer just an ambitious government project. It’s fast turning into one of India’s most exciting places for real estate investments! With solid infrastructure, pro-business policies, and growing interest from corporates and NRIs, GIFT City is grabbing attention like never before.
As India’s first operational International Financial Services Centre (IFSC), GIFT City is home to financial giants and is now a top pick for developers, homebuyers, and global investors.
“Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised.” — Dr. APJ Abdul Kalam
Real Estate is on Fire!
Over the past five years, land prices in GIFT City have jumped by nearly 74%, rising from ₹4,300 per square foot to around ₹7,500. Residential rents have increased from ₹25,000 to ₹35,000 per month, while commercial rents have grown by 32%. Analysts attribute this growth to policy stability, infrastructure push, and the recent reform allowing professionals to acquire liquor permits more easily—making the city more livable for the workforce.
In fact, the policy change announced in April 2025 to ease liquor restrictions has had a surprisingly strong effect. Previously, employees had to go through their employers for a permit. Now, individuals can apply directly. This move has made GIFT City more attractive for professionals used to urban lifestyles and has also contributed to increased demand for high-end housing.
Big Commercial Moves
Gandhinagar’s office space supply shot up from 1.9 million sq. ft. in 2023 to 2.8 million in 2024. Big names like HSBC , Google , and IBM are setting up shop.
Recently, NILA SPACES LIMITED purchased a 5,550-square-metre plot for ₹342 crore to build a ₹750 crore residential tower. The development will rise up to 100 meters and reflects the high-end appetite of the city’s future residents.
NRI Magnet
Since recent policy changes, NRI property bookings have doubled to 35% in just two months. With prices rising 40–60% in a year and SEZ returns at 9% p.a., GIFT City is becoming a favourite for NRIs looking for solid growth.
Metro rail to Ahmedabad, highway upgrades, and tax incentives extended till 2030 are adding to the city’s charm.
“The future belongs to those who believe in the beauty of their dreams.” — Narendra Modi . 2025 might just be remembered as the year GIFT City truly came of age!
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