GIFT City property prices to see revision in January
Wednesday, 27 December 2023 The state government's wine and dine policy for GIFT City has resulted in increased inquiries for commercial and residential properties. With the new policy, GIFT City will compete with international financial cities and attract MNCs and young talent. The International Financial Services Centre Authority (IFSCA) has registered over 470 entities so far. Global banks, funds, finance, and tech companies are expected to set up offices in GIFT City. Prices are expected to improve with increased demand and developers are revising prices in January.
The Gujarat government allows alcohol consumption in GIFT City to attract global finance, exempting employees and officials from the statewide alcohol ban. Hotels and clubs in GIFT City can offer..
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