Rera No:
• Project start / launch and completion: The work order for civil & finishing for BIFC 2 was awarded in April 2025 (~Rs 107 crore) with a tenure of 24 months (i.e., targeted completion by approx April 2027).
Introduction to BIFC 2 Gandhinagar
• Brigade International Finance Centre (BIFC) represents Brigade’s first project in Gujarat and its maiden venture outside South India, establishing a significant milestone in the company’s expansion journey.
• The development leverages Special Economic Zone (SEZ) benefits, offering businesses tax advantages, regulatory ease, and infrastructure support to enhance competitiveness.
• Strategically located in GIFT City, Ahmedabad, BIFC enjoys seamless connectivity to Gandhinagar, positioning it as a catalyst for regional commercial growth.
• The project is designed to drive business momentum, offering innovative and flexible leasing solutions tailored specifically for the IT and Financial Services sectors.
• BIFC plays a key role in contributing to GIFT City’s vision of becoming a global hub for finance and technology, strengthening India’s presence in the international financial ecosystem.
• Brigade is expanding the project with Tower 2, a 440,000 sq. ft. development, adding substantial capacity to meet the growing demand from enterprises and institutions.
Projects Highlights
• Built-up area / scale: One source lists ~ 440,000 sq ft for the Tower 2. The first tower of BIFC (Tower 1) had ~315,000 sq ft on 2B+G+14 floors.
• Design: Modern infrastructure tailored for IT and financial services sectors.
Specifications
Specifications of BIFC Tower – 2
• Compliance: Built under Special Economic Zone (SEZ) regulations, offering tax and operational benefits.
• Project start / launch and completion: The work order for civil & finishing for BIFC 2 was awarded in April 2025 (~Rs 107 crore) with a tenure of 24 months (i.e., targeted completion by approx April 2027).
Unit sizes: While detailed minimum/maximum unit sizes for Tower 2 are not publicly listed in the sources I found, the earlier tower allowed from ~1,000 sq ft upwards for units.
Benefits:
• SEZ Advantages:
Tax incentives for businesses operating within the zone.
Simplified compliance and regulatory framework.
• Strategic Location:
Positioned in India’s first International Financial Services Centre (IFSC)
Close to Gandhinagar and Ahmedabad, making it a hub for finance and technology.
• Business Ecosystem:
Designed to attract global IT and financial firms.
Part of the larger GIFT City vision to become a global financial hub.
• Prestige & Growth:
Iconic address for businesses seeking credibility and visibility.
Opportunity to be part of India’s most ambitious financial and tech development project.
• Total Area: Approx. 440,000 sq. ft. of commercial office space.
• Developer: Brigade Group’s first project in Gujarat and North India, expanding beyond South India.
Project type: Commercial – predominantly office space (corporate offices, IT/ITES/financial services). While not emphasised for retail showrooms in the publicly available info, the flexible floor plates may allow varied office formats.
