Commercial | August 2018




An International Financial Services Centre is typically outside the jurisdiction of the domestic economy. And deals with the flow of finance, financial products and services across borders. GIFT City - India’s first International Financial Services Centre (IFSC) is at present, the only International Financial Tec-City which will carry out direct dealings in the international market.

An integrated development spread across 900 acres, GIFT City promises a walk to work culture with the next-in-class infrastructure, connectivity, technology and legal framework that would serve as a platform for businesses across the world. It will also feature commercial buildings (SEZ & non-SEZ areas) that include Offices, Hotels and Retail Spaces along with Residential and Social Infrastructure for sustenance. Plus, with several major tax incentives for International Financial Services Centres (IFSC) in the Union Budget 2018, Gujarat International Finance Tec-City (GIFT) is sure to gain a huge impetus.

Brigade Group is proud to partner with GIFT in embarking on an ambitious project to develop Brigade International Financial Centre and ibis Styles Hotel in GIFT City.

At an exclusive preview on 26 March 2018 at Sofitel Hotel in Bandra Kurla Complex Brigade unveiled its landmark project - Brigade International Financial Centre in India’s first International Financial Services Centre (GIFT City).

Several International Property Consultants, people from the Media and various other dignitaries were in full attendance while Mr. M R Jaishankar, CMD - Brigade Group, Nirupa Shankar, Director - Brigade Hospitality Services and Ajay Pandey, CMD - GIFT City presided over the milestone event.

Brigade International Financial Centre would offer unparalleled office ecosystem for stalwarts in the Global Financial & IT services sector. With a total development of over half a million Sq.ft. underway, the first phase development of over 3 lakh Sq.ft. is now ready for fit-outs. The 14-storeyed office tower is all set to be the most sought-after office space within GIFT City. With world-class infrastructure which is at par with any other international facility, Brigade International Financial Centre is a perfect fit for enterprising businesses like Domestic and Multinational Banks, Insurance Firms, Foreign Exchange Companies, Financial Technology Firms and Financial Support Services.

The GIFT Advantage
• Creation of an estimated 500,000 direct jobs and an equal number of indirect jobs
• Providing financial incentives, regulatory freedom and world-class infrastructure
• Strict adherence to environmental norms, with built-in technologies for a sustainable ecosystem
National and international hub of IT and ITeS companies, finance companies, commodity exchange, global trading, insurance, offshore banking and data centres among others


Commercial, Brigade Group



A Few Thoughts

Much has happened since the publication of the last issue of Brigade Insight - Indian economy has become stronger with the positive impact of GST taking shape,


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