In a strategic move reshaping the landscape, the state government recently introduced GIFT City’s Wine and Dine policy. This initiative has sparked a remarkable surge in inquiries for both commercial and residential properties, indicating a significant shift in the city’s real estate dynamics. As the city positions itself to compete with international financial giants like Singapore and Dubai, developers are optimistic about an impending uptick in prices set for revision in January.

The Global Impact of GIFT City’s Wine and Dine Policy

GIFT City’s Wine and Dine policy has positioned it as a formidable contender on the global stage. This policy is drawing attention from multinational corporations. Over 470 entities have registered under IFSCA, bolstering GIFT City’s status as a growing financial powerhouse.

A Flourishing Landscape: Current Status and Future Developments

GIFT City currently boasts 18 operational buildings, with 30 more under construction and an additional 14 in the planning stages. With 2.2 crore sq feet for development, developers navigating past challenges now stand to benefit from rising demand, potentially improving profit margins.