Gujarat Govt Transfers Gift City Expansion Land to GUDA
Real Estate

Gujarat Govt Transfers Gift City Expansion Land to GUDA

In a strategic move aimed at boosting infrastructure development, the Gujarat government has transferred land earmarked for the expansion of Gift City to the Gujarat Urban Development Authority (GUDA). This decision underscores the state's commitment to accelerating the growth and development of Gift City as a global financial and technological hub.

The allocated land, spanning significant acreage, is crucial for expanding Gift City's footprint and accommodating future commercial and residential developments. Gift City, located near Ahmedabad, has emerged as India's first operational smart city and holds immense potential to attract investments in finance, technology, and innovation sectors.

By transferring the land to GUDA, the state government aims to streamline the planning and execution of infrastructure projects within Gift City. This includes enhancing connectivity, utilities, and amenities to support the city's expanding ecosystem of businesses and residents.

Gift City's strategic location and infrastructure offerings make it a preferred destination for domestic and international investors seeking a conducive business environment. The expansion initiative is expected to further bolster Gujarat's position as a leading economic powerhouse and create new opportunities for job creation and economic growth in the region.

The Gujarat government's proactive approach in allocating land for Gift City's expansion reflects its long-term vision to position the state as a global business destination. As development plans unfold under GUDA's stewardship, Gift City is poised to set new benchmarks in urban planning and sustainable development, driving Gujarat's socio-economic progress in the coming years.

In a strategic move aimed at boosting infrastructure development, the Gujarat government has transferred land earmarked for the expansion of Gift City to the Gujarat Urban Development Authority (GUDA). This decision underscores the state's commitment to accelerating the growth and development of Gift City as a global financial and technological hub. The allocated land, spanning significant acreage, is crucial for expanding Gift City's footprint and accommodating future commercial and residential developments. Gift City, located near Ahmedabad, has emerged as India's first operational smart city and holds immense potential to attract investments in finance, technology, and innovation sectors. By transferring the land to GUDA, the state government aims to streamline the planning and execution of infrastructure projects within Gift City. This includes enhancing connectivity, utilities, and amenities to support the city's expanding ecosystem of businesses and residents. Gift City's strategic location and infrastructure offerings make it a preferred destination for domestic and international investors seeking a conducive business environment. The expansion initiative is expected to further bolster Gujarat's position as a leading economic powerhouse and create new opportunities for job creation and economic growth in the region. The Gujarat government's proactive approach in allocating land for Gift City's expansion reflects its long-term vision to position the state as a global business destination. As development plans unfold under GUDA's stewardship, Gift City is poised to set new benchmarks in urban planning and sustainable development, driving Gujarat's socio-economic progress in the coming years.

Next Story
Infrastructure Energy

We are among the global top 3 in tech adopti

As energy gains global importance, L&T has built a strong presence across hydrocarbons, power, renewables and green technologies. With energy contributing significantly to its revenues, the company is now focused on sustainability and future readiness. In conversation with PRATAP PADODE, Editor-in-Chief, CW, Subramanian Sarma, Deputy Managing Director & President, L&T outlines the company’s strategy for transition, talent and technology.With energy becoming increasingly vital and a key contributor to L&T’s revenues, how do you see the segment evolving?We’ve been..

Next Story
Real Estate

Redevelopment Rush!

Mumbai is on the cusp of an urban transformation, driven by the pressing need to replace ageing, unsafe buildings with modern, high-density developments. The scale and pace of redevelopment across the city is unprecedented – and yet fraught with complexity.Redevelopment has become a defining strategy for urban renewal in Mumbai. One of the most challenging aspects is the displacement it entails – residents are often required to vacate their homes and live in transit accommodations until the new structures are ready. This raises valid concerns: Will the transit housing meet our needs? Will ..

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Achieves Sales Value of Rs 400 Bn

On National MSME Day, Vedanta, India’s leading critical minerals, transition metals, energy and technology conglomerate announced that its non-ferrous metals e-store has achieved a staggering Rs 400 billion in total sales value. Operated under the name of Vedanta Metal Bazaar, it is the world’s largest non-ferrous metals e-store offering more than 1200 stock keeping units (SKUs) across metals such as aluminium, zinc, lead and copper. The platform brings ease-of-doing business for customers on their fingertips by providing a streamlined, digital-first solution that enables businesses to pro..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?