Viridian Red — what is the progress on the gift city?

Address:	Surat, Gujarat
Website:	www.viridian.red

GIFT City Construction Progress - April 2018

GIFT City - India’s 1st Under Construction Smart City on the bank of the river Sabaramati near Gandhinagar, Gujarat.

Left to Right: Signature Tower, GIFT One Tower, GIFT Two Tower, Brigade Tower (Under Construction), World Trade Center (Under Construction)
IFT City Completed Buildings:

GIFT One Tower in DTA - 28 Storey :: Occupancy 80% :: Major Tenant IT, BPO, PSU, Banking, Oracle, Maxim Integrated, bfree

Left to Right: GIFT One Tower & GIFT Two Tower in GIFT City, Gandhinagar, Gujarat.

Photo Credit: News, Updates, Construction Progress for WTC GIFT City, Gujarat

2. GIFT Two Tower in DTA - 28 Storey :: Occupancy 30% :: TCS has acquired 3 floors out of 28 floor, Infibeam has Started Operations on 3 floors, Interior & Furniture Work for 3 floors going on for TCS & their associates

3. Jamnabai Narsee International School in DTA - 5 Storey - 1 to 7 Standard 600+ Students

4. TCS Tier 4 Data Center in DTA- 3 Storey :: Operational

5. Hiranandani Signature Tower in IFSC - 16 Storey :: Occupancy 15% :: Major Tenant - BSE INX has acquired 1 st Floor. Kotak Mahindra and Other Banks are planning to Acquire other floors

On Right: Signature Tower in GIFT City Gandhinagar, Gujarat.

Photo Credit: News, Updates, Construction Progress for WTC GIFT City, Gujarat

6. Aspire One - Incubation Center in IFSC - 3 Storey

7. Aspire Two - Incubation Center in IFSC - 3 Storey

DTA = Domestic Tarrif Area

IFSC = International Finance Service Center (FINANCE /IT SEZ)

GIFT City Under Construction Buildings:

World Trade Center GIFT City :: 4 towers Under Construction :: Construction Pace - Slow

Tower A: 6/6 floor Slabs casted

Tower B: 23/28 floor Slabs casted

Tower C: 0/18 floor Slabs casted

Tower D: 6/6 floor Slabs casted

2. Janadhar Mangala :: All towers under construction : Expected Possession 2018 :: Affordable Housing :: Construction pace - Good

3. Brigade tower in IFSC : structure of entire tower completed : Facade and services work going on. Expected Possession Q3 - 2018 :: Construction Pace - Fast

4. Brigade IBIS Styles Hotel in DTA : 10th floor slab casting in progress :: Expected Possession Q4 - 2018 :: Construction Pace - Fast

5. Gift International Center : Business Club: Structure work Completed : Some portion of the club will start soon. Construction Pace : OK

6. Savvy ATS tower in IFSC: Basement level work completed. 3rd floor slab casting in Progress.

Non Starters:

SBI Tower : Plot Allotted in 2014 : Construction Work not Started Yet - Bhoomi Poojan was in SEPT 2017
BSE Brokers Forum Tower: Plot Allotted in 2014: Construction Work Not Started Yet - Bhoomi Poojan was in March 2018
LIC: Plot Allotted in 2015: Construction Work Not Started Yet
Reliance (ADA): 2 Plots Allotted in 2016: Construction Work Not Started Yet
BU Bhandari Projects Pune: Plot Allotted in 2014 : Construction Work not Started Yet
Sterling Hospital: Plot Allotted in 2014: Construction Work not Started Yet