GIFT City, Gandhinagar

Gujarat International Finance Tec-City, better known as GIFT City, sits between the twin cities of Ahmedabad and Gandhinagar on the banks of the Sabarmati river. It holds the distinction of being India's first operational smart city and international financial hub, built as a planned business district that now houses global banks, IT companies, insurance firms and fintech startups within its Special Economic Zone.

The township follows a 'walk to work' philosophy, blending office towers, homes, retail and public spaces into one integrated masterplan. It is an integrated development on 886 acres of land with 62 mn sq. ft. of built up area, which includes office spaces, residential apartments, schools, hospital, hotels, clubs, retail and various recreational facilities. This makes GIFT City far more than a business address - it is emerging as a genuine residential neighbourhood for professionals who want to stay close to their workplace.

Residential demand has grown steadily as IFSC-registered companies expand headcount here. GIFT City residential property prices have changed rapidly over the past few years, from Rs 4500 per sq ft in 2020 to above Rs 10,500 per sq ft in 2026, reflecting how quickly the locality has matured from a commercial experiment into a livable urban centre.

For homebuyers, the appeal lies in a rare combination: tax incentives for businesses, wide clean roads, planned infrastructure, and proximity to both Ahmedabad's commercial energy and Gandhinagar's calmer, government-city character. Brigade Group has been part of this growth story since 2018, developing office space here through its Brigade International Finance Centre and the upcoming BIFC 2 tower.