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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
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
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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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
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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