Building & Its Impact: Hiranandani the Signature – Gift City, Gandhinagar

Lipika Pandey L

The first International Financial Services Centre (IFSE) at GIFT City is the Hiranandani Signature, built according to worldwide standards and with a LEED Gold Rating. Indian corporate entities have extended their business operations out of India by reaching the global market, which thus has prompted increased prerequisites for services and money-related products in business sectors situated in other nations.

The Ahmedabad – Gandhinagar metropolitan agglomeration in Gujarat fits the necessities of the ideal location for a ‘one-stop shop’ answer for monetary aspects required for improvement of the country’s BFSI (Banking, Financial Services, and Insurance) sector, particularly given that operations of Indian BFSIs have reached worldwide levels. India’s first International Financial Services Center (IFSC) is situated at this metropolitan agglomeration, the Gujarat International Finance Tec-City (GIFT) City.

Hiranandani Communities along with the Hiranandani Signature, have achieved the heights of constructing and delivering 4-lakh sq. ft. of office area within a bare minimum time of 13 months without hampering the quality, safety, and structural safety of the building. The leading players of the prestigious tower are from the reinsurance area, BFSI sector, capital markets, and sharebrokers.

HIRANANDANI SIGNATURE_ © Realty NXT

The GIFT and Hiranandanis

GIFT CITY is India’s first IFSC (International Financial Services Center), and ‘Hiranandani Signature’ has been imagined as a unique business real estate presenting within the same. Niranjan Hiranandani, MD, Hiranandani Communities, said, “Monetary Institutions will find it beneficial to include their presence inside the IFSC, as need might arise of their corporate clients. We are on target to give up ownership of the underlying units according to plan, by end-2016”. 

With work continuing with a speed, ‘Signature’ appears to be good to go to offer work areas to the BFSI sector well on schedule for the formal inauguration of the IFSC during another Vibrant Gujarat Summit which was held in end-2016.

Hiranandani Signature is India’s first completely functional 16 story business tower inside the International Financial Services Center (IFSC) at Gujarat International Finance-Tec City (GIFT City). The pinnacle has been conferred with the ‘Gold Green Rating’ under IGBC’s New Building Rating Program and offers fit-out office spaces with the best infrastructure and facilities for organizations.

The IFSC is an SEZ which has plans for both, commercial as well as residential real estate and is promoted to arise as a business hub of choice for the BFSI sector. In the initial stage, more than 14 million square feet of built-up area has been permitted in the IFSC’s SEZ and Non-SEZ region for the development of office towers, private residential apartments, and social offices. The subsequent stage conceives a built-up area of 1.32 million square feet.

MASTER PLAN_ © Gift City – Brigade

Some Facts

ABOUT THE IFSC: 

As a feature of Phase-I development, the IFSC is creating around 13 million square feet of BUA for business, private residential, and social purposes. The IFSC has thought of 1.25 million sq. ft. of BUA for business and private purposes in GIFT SEZ and non-SEZ regions.

ABOUT SIGNATURE: 

‘Signature’ by the Hiranandani Group will assume its part, by giving worldwide infrastructure in a well-planned business complex to meet the prerequisites of Financial Institutions. The development of Real Estate by the Hiranandani Group has generally been a pioneer with regards to real estate which appreciates in worth and offers learning experiences on a worldwide scale. Whenever Hiranandani’s have created a commercial reality hub it has landed up being a success; be it the dynamite outcome of Hiranandani Gardens at Powai, Mumbai or Hiranandani Meadows and Hiranandani Estate in Thane: consistently, Brand Hiranandani has been quick to recognize the capability of what was then, ‘new’ locations and new real estate models. In these, the Commercial Space – be it work areas or offices or back-end hubs – have been the top-notch of business real estate development in these success tales, something the Hiranandanis desire to duplicate with ‘Signature’ in the IFSC.

GIFT CITY_ © Quora

The energy-efficient structures in ‘Hiranandani Signature’ adjust to LEED Green Building design standards, which convey to end-clients the Hiranandani Communities’ obligation to top-notch principles and cutting-edge benefits. “The large floor plate and multiple tenant options are best suited to synergize business plans. The workspaces in ‘Hiranandani Signature’ are backed by the uninterrupted power supply, robust telecom, and IT infrastructure backbone which provides a productivity-oriented work environment, ensuring the achievement of optimal performance for BFSI companies. Exclusive café, convenience stores, and health centers within the office buildings would offer a stress-busting environment for employees in ‘Hiranandani Signature’,” he added.

Concluding Words!

GIFT CITY is coming up as a Special Economic Zone (SEZ) to a great extent committed to financial services. It has gotten a significant lift with the Union finance minister, in his Budget Speech, reporting a huge number of tax cuts for setting up the IFSC in India. The eventual positive outcomes in the Budget have been improved inquiries, and Hiranandani Communities is in the dernier stage of talks with leading financial organizations from India’s BFSI sector, to work with getting space in the future-ready business complex, ‘Signature’ – which partakes in the ‘first mover’ advantage at the IFSC.

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