Shivalik Group, an esteemed real estate developer based in Ahmedabad, has received an exceptional response to its upcoming residential tower project in GIFT City. Within a mere 15 days of its launch, the company has successfully sold over 250 apartments worth Rs 3 billion.
This remarkable achievement is a testament to the high demand for luxurious residential properties in GIFT City and the unwavering trust that buyers and investors place in the offerings of Shivalik Group. The sold apartments comprise 2BHK and 3BHK homes and have attracted a diverse range of buyers, including NRIs and individuals residing both within and outside Gujarat. These investors recognise the long-term growth potential of GIFT City, which is home to the country's only operational International Financial Services Centre (IFSC).
Taral Shah, the Managing Director of Shivalik Group, expressed his delight at the overwhelming response received for the Shivalik Skyview project in GIFT City. He stated, "The sales of Rs 3 billion within just 15 days of the project launch are a testament to the unmatched quality and appeal of our offerings. This success inspires us to continue delivering exceptional quality and creating extraordinary living experiences for our customers."
The project itself is an impressive structure, soaring 118 meters high with 34 floors and spanning a built-up area of 10 lakh square feet. It will boast world-class architectural design and an array of top-notch amenities, including a mini theatre, library, medicare centre, toddlers' zone, kids' play area, party lawn, indoor games, gymnasium, swimming pool, and more.
The construction of the project will utilise the fast-paced and durable technique of aluminium formwork system. It is projected to be completed by early 2027.
Shah further expressed his pride in contributing to the vision of GIFT City as an international financial hub in India. He highlighted GIFT City's status as the preferred financial services hub, attracting leading national and international banks, insurance companies, financial services providers, stock exchanges, and broking houses. With GIFT City being developed on the unique concept of "Walk to Work," the demand for residential properties remains strong. Shivalik Group is committed to meeting the expectations of both national and international clientele with their project.
Additionally, Shivalik Group plans to launch a commercial project in GIFT City during the next quarter, followed by another residential tower project. These ventures further demonstrate the company's dedication to the development of GIFT City.
