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Construction : Deals | October 2014 | Source : Construction Update

Brigade Group decides to invest Rs 500 crore in GIFT city

Bangalore-based realty major Brigade Group has decided to invest Rs 500 crore in Gujarat International Finance Tec-City (GIFT City) in Gandhinagar district over the next few years. The group has got allotment of 1.1 million sq. ft. of BUA (built-up area) for development of commercial, residential, retail mall and hotel projects in SEZ & non-SEZ areas in GIFT City. The group has sought additional 1.7 million sq. ft. of BUA to be developed at an investment of Rs 600 crore.
 
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