Shivalik Group, a leading real estate developer in Ahmedabad, has received an overwhelming response for its upcoming residential tower project in GIFT City, with the company selling more than 250 apartments worth Rs. 300 crore within a mere 15 days of the launch.
The amazing feat reflects the strong demand for luxurious residential offerings in GIFT City and the unwavering trust buyers and investors have in Shivalik Group’s offerings. The sold apartments include 2BHK and 3BHK homes
The buyers and investors in the project include NRIs, people living in Gujarat and outside, who recognise the long-term growth potential of GIFT City, home to the only operational International Financial Services Centre (IFSC) in the country.
“We are thrilled by the response we have received for the Shivalik Skyview project in GIFT City. The sales of Rs. 300 crore within just 15 days of the project launch are a testament to the unmatched quality and appeal of our offerings. This success is an inspiration for us to continue delivering exceptional quality and creating extraordinary living experiences for our customers,” commented Taral Shah, Managing Director of Shivalik Group.
Soaring 118 metres high with 34 floors, the project spans a 10 lakh square feet built-up area. The project will offer world-class architectural design and come with top-notch amenities such as mini theatre, library, medicare centre, toddlers zone, kids play area, party lawn, indoor games, gymnasium, swimming pool, and many more.
The project will be built using aluminium formwork shatem, a fast-paced construction technique that offers strength and durability to a building. It is expected to be completed in early 2027.
Mr Shah said they are also proud to contribute to the vision of GIFT City as an international financial hub of India.
“GIFT City has emerged as the preferred financial services hub in the country and attracted leading national and international banks, insurance companies, finical services providers, stock exchanges, and broking homes. It is being developed on the unique concept of Walk to Work, and naturally, demand for the residential segment will remain strong. We are committed to catering to the expectations of the national and international clientele with our project,” he said.
Shivalik Group is also set to launch its commercial project in GIFT City in the next quarter, the first of two such projects planned in GIFT City, in addition to one more residential tower project.