Brigade Heads for West with two Big Projects in GIFT City, Gujarat

Brigade Group, one of India's leading property developers, has achieved another milestone in its expansion plan with the ground-breaking ceremony of two of its ambitious projects in GIFT City, Gujarat - Brigade SEZ and ibis STYLES Hotel.

The SEZ office towers will have a total development of more than half a million sq. ft. of flexible office space of which the 1st phase is being launched now and the hotel will consist of approximately 170 well-appointed guest rooms, multi-cuisine restaurant, banquets and conference rooms, managed by the ACCOR Group of France.

The auspicious ceremony was witnessed by multiple dignitaries including Sudhir G. Mankad, Chairman, GIFT City - the Chief Guest and N. Srivastava, IFS, Commissioner, Department of Tourism, Government of Gujarat - the Guest of Honour along with Upendra Vasishth, Development Commissioner, Kandla SEZ.

Speaking on the occasion, M.R. Jaishankar, Chairman and Managing Director, Brigade Enterprises Limited said, "GIFT City being the country's first smart city project is a perfect platform to associate with and Brigade Group is pleased to play a strategic role in developing SEZ office towers and an international business hotel. Our group is one of the early movers in GIFT City and we look forward to making it a successful association."

Ajay Pandey, Managing Director and Group CEO, GIFT City said, "With a reputed developer like Brigade starting groundwork for its two projects here, it is a very proud moment for us and an important milestone in the journey of GIFT City which is shaping up as an important global financial hub. As India's first IFSC at GIFT City is already emerging as a major global attraction, participation of Brigade will go a long way in establishing a world class financial hub at GIFT City."