Google chooses GIFT City for Global Fintech Hub expansion

19 Oct 2023 CW Team

Under a long-term lease agreement spanning 10 years, with an initial term of five years and the option for a five-year extension, Google India, the company's Indian arm, has acquired office space from Nucleus Office Parks. This significant development was welcomed by Prime Minister Narendra Modi during a virtual meeting. Sundar Pichai, CEO of Google and Alphabet, informed Modi about Google's commitment to enhancing financial inclusion in India, particularly by leveraging UPI (Unified Payments Interface).

Expressing gratitude for the fruitful meeting, Pichai thanked Prime Minister Modi through a social media post for the opportunity to discuss Google's ongoing dedication to India. Despite reaching out to Google, Blackstone, and Nucleus Office Parks via email, ET's queries remained unanswered at the time of publishing this news.

Fintech One, a 20-storey commercial office tower, offers expansive office spaces, with each floor covering approximately 22,000 sq ft. Several global organisations, including IBM, have chosen this tower for their offices. IBM's three-floor office in the tower is already operational, and other companies have commenced their fit-out work.

Presently, Google operates five offices across India, including its headquarters in Hyderabad, as well as offices in Bengaluru, Mumbai, Gurgaon, and Pune. Notably, the Pune office, occupying 1 lakh sq ft in a Mundhwa-based co-working centre, is the latest addition to Google's office portfolio.

Furthermore, Google is in the process of constructing its largest campus outside of the United States, located in Hyderabad.

Google Inc, the tech giant, has secured an entire floor in the Fintech One commercial tower, owned by Blackstone Group's Nucleus Office Parks, situated in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. This move is part of Google's initiative to establish its global fintech center in India. Under a long-term lease agreement spanning 10 years, with an initial term of five years and the option for a five-year extension, Google India, the company's Indian arm, has acquired office space from Nucleus Office Parks. This significant development was welcomed by Prime Minister Narendra Modi during a virtual meeting. Sundar Pichai, CEO of Google and Alphabet, informed Modi about Google's commitment to enhancing financial inclusion in India, particularly by leveraging UPI (Unified Payments Interface). Expressing gratitude for the fruitful meeting, Pichai thanked Prime Minister Modi through a social media post for the opportunity to discuss Google's ongoing dedication to India. Despite reaching out to Google, Blackstone, and Nucleus Office Parks via email, ET's queries remained unanswered at the time of publishing this news. Fintech One, a 20-storey commercial office tower, offers expansive office spaces, with each floor covering approximately 22,000 sq ft. Several global organisations, including IBM, have chosen this tower for their offices. IBM's three-floor office in the tower is already operational, and other companies have commenced their fit-out work. Presently, Google operates five offices across India, including its headquarters in Hyderabad, as well as offices in Bengaluru, Mumbai, Gurgaon, and Pune. Notably, the Pune office, occupying 1 lakh sq ft in a Mundhwa-based co-working centre, is the latest addition to Google's office portfolio. Furthermore, Google is in the process of constructing its largest campus outside of the United States, located in Hyderabad.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Resources

16 Sep 2025

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Real Estate

16 Sep 2025

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..