AHMEDABAD/ MUMBAI, 15 OCTOBER 2015: In the Indian real estate scenario, ‘smart moves’ are those which spot the potential of a location early; plan a real estate project in that location that is different from what has been done until then – and ensure a first mover advantage. “It is an advantage to the real estate company as well as the corporate entities who pick up space in such projects,” said Niranjan Hiranandani, MD, Hiranandani Communities.
The Mumbai-based Hiranandani Communities is in final stages of talks with leading financial institutions from India’s BFSI sector, to facilitate their picking up space in the future-ready commercial complex, ‘Hiranandani Signature’ – which enjoys the ‘first mover’ advantage at Gujarat International Finance Tec-City (GIFT CITY), Gandhinagar, Gujarat.
“In keeping with our past record in Mumbai and Thane, we look forward to India’s leading BFSI organisations making ‘Hiranandani Signature’ in GIFT CITY, Gandhinagar their base to facilitate global business,” he said. GIFT CITY is an International Financial Services Centre (IFSC), and although located within India, offers the facility of acting like a ‘foreign operations office’, which helps facilitate easy movement of capital. ‘Hiranandani Signature’ will provide global infrastructure in a well-planned commercial complex to meet requirements of Financial Institutions located there.
Real estate development by the Hiranandani Brand has always been a trendsetter when it comes to real estate which appreciates in value and offers growth opportunities on a global scale, added Niranjan Hiranandani. “It is not a mere coincidence that whenever brand Hiranandani has created commercial realty hubs, the location has ended up being a winner; be it the stupendous success of Hiranandani Gardens at Powai or Hiranandani Meadows and Hiranandani Estate in Thane, it has always been that Brand Hiranandani was first to spot the potential of what were then, ‘new’ locations and new real estate models,” explained said Niranjan Hiranandani. “In all of these, the Commercial Space – be it work spaces or offices or back-end hubs – have been the flag-bearers of commercial real estate growth in these success stories, something we hope to replicate with Hiranandani Signature in GIFT CITY, Gandhinagar,” added Niranjan Hiranandani, the driving force behind this ambitious dream project
GIFT CITY is coming up as a Special Economic Zone (SEZ) largely devoted to finance and financial services. “It is India’s first IFSC, and ‘Hiranandani Signature’ has been conceived as a unique commercial real estate offering here,” said Niranjan Hiranandani. “Financial Institutions will find their presence here advantageous as it will help them service foreign currency needs of their corporate clients,” he pointed out. The first building at ‘Hiranandani Signature’ is expected to be ready by June 2016,” he added.
The energy efficient buildings in ‘Hiranandani Signature’ conform to LEED Green Building design principles, which deliver to end-users the Hiranandani Communities’ commitment to high quality standards and cutting edge advantages. “The large floor plate and multiple tenant options are best suited to synergize business plans. The work spaces in ‘Hiranandani Signature’ are backed by uninterrupted power supply, robust telecom and IT infrastructure backbone which provides productivity–oriented work environment, ensuring the achievement of optimal performance for BFSI companies. Exclusive café, convenience stores and health centres within the office buildings would offer a stress-busting environment for employees in ‘Hiranandani Signature’,” he added.
“Given India’s continued economic growth, the financial sector will grow increasingly larger, and the global footprint will increase correspondingly – which is where we need to appreciate the Vision of GIFT CITY: to create a world class financial city, and offer an unrivalled business environment to global and local financial services enterprises,” said Niranjan Hiranandani. “‘Hiranandani Signature’ aims to offering leading-edge infrastructure, services and platforms and offer Banking, Insurance and Financial Services enterprises a significant competitive advantage to operate regionally and globally,” said Niranjan Hiranandani.
“Designed with due care, and with an immaculate setup conducive for business growth, ‘Hiranandani Signature’, offers BFSI companies the advantage of scalability with breathtaking ambience, providing much-aspired flamboyance for the global business centre,” he said. “For smart businesses in the BFSI segment, those who spot a winner early on, this is an opportunity which should not be missed!” concluded Niranjan Hiranandani.