Shivalik Group's GIFT City residential tower sells 250+ apartments
Real Estate

Shivalik Group's GIFT City residential tower sells 250+ apartments

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.

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.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?