SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Gandhinagar

HCLTech opens Global Technology Centre at GIFT City, signs MoUs with IIT Gandhinagar and GTU

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HCLTech has expanded its presence in Gujarat by opening a new Global Technology Centre at GIFT City, Gandhinagar. The facility has started operations with an initial workforce of 100 employees, most of them from Gujarat. During the inauguration, Gujarat Deputy Chief Minister Harsh Sanghavi highlighted the company's initiative to create employment opportunities for professionals from the state closer to their homes. HCLTech also signed agreements with IIT Gandhinagar and Gujarat Technological University to strengthen industry-academia collaboration, focusing on artificial intelligence, financial technology research and skill development.Read more

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Amit Shah launches mega plantation drive, unveils development projects worth INR 28,492 crore in Gandhinagar

15 Jul 2026

Union Home Minister Amit Shah launched a mass plantation drive in Gujarat's Gandhinagar Lok Sabha constituency, where over one crore trees were planted in a single day under the 'Ek Ped Maa Ke Naam' campaign. He also inaugurated and laid the foundation stones for multiple development projects, taking the total value of completed works in the constituency to INR 28,492 crore. The initiative includes new Oxygen Parks, clean public transport, solar rooftop expansion and measures to increase regional green cover to 20% by 2029.Read more

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Punjab & Sind Bank gets IFSCA approval to set up IFSC Banking Unit at GIFT City

10 Jul 2026

Punjab & Sind Bank has received approval from the International Financial Services Centres Authority (IFSCA) to establish an IFSC Banking Unit (IBU) at GIFT City in Gandhinagar, strengthening its international banking presence. The upcoming unit will offer offshore banking services, including foreign currency banking and trade finance, to corporates, financial institutions, importers and global investors. The move aligns with the government's efforts to position GIFT IFSC as a global financial hub while enabling the bank to expand its international business and cross-border banking operations.Read more

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ITC Hotels signs 101-key Welcomhotel in Gandhinagar to expand Gujarat portfolio

30 Jun 2026

ITC Hotels Ltd has signed a management agreement with Shyam Group Hotel and Resort to operate a 101-key Welcomhotel in the Karai area of Gandhinagar, strengthening its presence in Gujarat's hospitality market. Set across a nine-acre site, the hotel will feature guestrooms, multiple dining outlets, banquet facilities and landscaped event lawns, targeting business travellers, weddings, social events and the MICE segment. Strategically located between Gandhinagar and Ahmedabad, with connectivity to Ahmedabad Airport and GIFT City, the property forms part of ITC Hotels' expansion strategy in high-growth markets. The hotel is expected to commence operations later this year.Read more

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Gandhinagar gets INR 340 crore infrastructure push led by Shri Amit Shah

31 May 2026

• Union Home Minister Amit Shah laid foundation stones and inaugurated development projects worth around INR 340 crore in Gandhinagar, Gujarat.
• The projects cover civic infrastructure, urban amenities, public facilities and local development works across multiple assembly segments in the district.
• The initiative forms part of ongoing infrastructure and urban development efforts aimed at improving public services and connectivity in the region.
Read more

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Amitabh Bachchan partners with Shree Lotus Developers for 10 lakh sq ft mixed-use project in GIFT City

15 Jan 2026

Mumbai-based Shree Lotus Developers has entered into a joint development agreement with Amitabh Bachchan to develop a large mixed-use project in GIFT City, Gandhinagar. Announced on January 7, the project will be executed through the company's subsidiary under a profit-sharing model. Spread across over 10 lakh sq ft on freehold land, the development will include premium retail, Grade-A office spaces and high-end residences. This marks Shree Lotus Developers first project in Gujarat. Located in India's first operational International Financial Services Centre, the project is expected to be completed within four years and adds to growing real estate activity in GIFT City, driven by strong infrastructure, policy support and rising commercial demand.Read more

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Awfis leases a 30,221-square-foot co-working facility in GIFT City, Gandhinagar

24 Sep 2024

Awfis, India's leading flexible workspace provider, has launched a new 30,221 sq. ft. centre in GIFT City, Gandhinagar, positioning itself as the sole flexible space provider within a Grade-A development in this premier financial and technology hub. This expansion boosts Awfis' footprint to 83,500 sq. ft. in Ahmedabad. Chairman Amit Ramani highlighted the growing demand for scalable, adaptable office solutions, emphasising that flexible workspaces represent the future of commercial real estate. Awfis aims to expand by adding 40,000 new seats in FY25, pushing its total capacity to 135,000, reinforcing its leadership in India's growing workspace sector.Read more

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GIFT City partners with NFSU to boost financial and cyber security expertise

09 Aug 2024

Gujarat International Finance Tec-City (GIFT City) has signed a Memorandum of Understanding (MoU) with the National Forensic Sciences University (NFSU) to advance skills in financial and cyber security. The partnership focuses on international arbitration, fraud investigation, data security, and anti-money laundering, aiming to enhance education, training, and research in these critical areas. A Centre of Excellence will be established to provide top-tier training and expertise to businesses within GIFT City, promoting innovation and excellence in India's premier smart city and International Financial Services Centre (IFSC).Read more

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Gujarat RERA to buy INR 44 crore GUDA plot near Sargasan

01 Feb 2024

Gujarat's Real Estate Regulatory Authority (RERA) is initiating the construction of RERA Bhavan, a new office complex in Gandhinagar, consolidating the RERA authority and tribunal under one roof. The 3,500 square meter plot for the Bhavan has been acquired from the Gandhinagar Urban Development Authority (GUDA). This signifies the authority's commitment to streamlining operations and enhancing regulatory efficiency in the state's real estate sector. The move comes after a two-year planning phase and reflects GujRERA's dedication to fostering transparency and improving access for services for stakeholders in the evolving real estate landscape.Read more

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Hiranandani Group's Yotta Data Centre launches in GIFT city

18 Jan 2024

Yotta Data Services has launched the Yotta G1 Data Centre in GIFT City, Gandhinagar, marking its entry into Gujarat. The state-of-the-art facility, the fifth in Yotta's network, is set within the International Financial Services Center zone, offering over 350 high-density racks and scalable power. G1 uniquely serves as a 'data embassy,' allowing international firms to store data under their home country's laws. This launch follows Yotta's introduction of Shakti and Yntraa Cloud services, strengthening its position as a leading digital transformation and cloud service provider in India.Read more

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Eros Investments and Gujarat Government launch Immerso AI Park with a Rs 16,000 crore investment

10 Jan 2024

Eros Investments and the Gujarat government joined hands to establish Immerso AI Park in GIFT City, backed by a substantial Rs 16,000 crore investment. Set to open by mid-2025, the park’s Phase 1 will feature the AI University and an initial AI cloud, emphasising ethical AI practices. Positioned as a global hub, it fosters collaboration across academia, startups, and technology giants, while also creating a dedicated zone for international startups specialising in deep technology. The initiative signals a significant leap forward in shaping Gujarat as a prominent player in the field of artificial intelligence.Read more

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