The Unstoppable Rise of GIFT City: Your Property Opportunity in Gandhinagar

By Rohit Prajapati, founder of TPZ India, 16+ years in Gandhinagar real estate · 2026-05-09

Best property in GIFT City | TPZIndia Blog

Introduction: The Unstoppable Rise of GIFT City: Your Property Opportunity in Gandhinagar

There is a number that every property buyer in Gandhinagar needs to sit with for a moment. Not a price per square foot. Not a loan interest rate. Not a possession date. The number is 27,000. That is how many working professionals are already based inside GIFT City today. Add to that 1,034 companies that have set up operations, 25 fully completed buildings humming with activity, and 47 more buildings currently under construction — and what you are looking at is not a vision on paper. It is a living, breathing, rapidly expanding city within a city. And here is the question every smart property buyer should be asking right now: where are 27,000 professionals — and the thousands more coming — going to live? The answer to that question is where your opportunity lies for property in Gandhinagar.

The Scale of Opportunity: 27,000 Professionals

27,000 professionals is not a small number. To put it in context — that is roughly the entire working population of a mid-sized Gujarat town, concentrated into one planned financial district.

These are not entry-level workers. GIFT City attracts finance executives, international banking professionals, compliance officers, fintech engineers, insurance specialists, and corporate lawyers.
These are people with high salaries, high expectations, and a very specific requirement for where they choose to live.
They want quality construction, reliable infrastructure, clean surroundings, good connectivity, and a neighborhood that reflects the professional standard they hold themselves to.
Gandhinagar — planned, green, well-connected, and sitting right next to GIFT City — fits that profile better than anywhere else in the region. And that is exactly why Gandhinagar's property market is responding the way it is.

1,034 Companies: The Engine of Demand

When people hear "1,034 companies in GIFT City," they think of a business statistic. What they should be thinking about is what comes with every single one of those companies.

Every company brings employees.
Every employee needs housing, either rented or owned.
Every employee also brings family members — spouses, children, parents — who need schools, hospitals, markets, and services nearby.
Multiply that across 1,034 companies and the demand picture becomes extraordinary for property in Gandhinagar.
This is not a static number. GIFT City is actively adding new companies every single month. Global banks, insurance firms, fintech startups, asset management companies — they are all coming.
Each new entity that sets up in GIFT City adds another layer of demand to Gandhinagar's residential property market.
For property investors, this is what a reliable, long-term demand driver looks like. Not a trend. Not a promotional campaign. A structural, policy-backed engine of demand that is only growing stronger to purchase property in Gandhinagar.

47 Buildings Under Construction: The Supply-Demand Dynamic

Here is something that most people overlook when they look at GIFT City's numbers.

47 buildings are currently under construction inside GIFT City itself. That means the pace of commercial development is accelerating — not slowing.
More office space means more companies can set up. More companies means more employees. More employees means more demand for housing in the surrounding areas.
But there is a crucial distinction: the construction happening inside GIFT City is primarily commercial — offices, financial institutions, banking units. Residential development within GIFT City's boundaries is limited and tightly regulated. The land available for housing within the zone itself is constrained by design.
So where do 27,000 professionals — soon to be 50,000, then 100,000 — actually live?
They live in Gandhinagar. In the sectors, the townships, the gated communities, and the apartment complexes that surround GIFT City's growing commercial core. This is the property market that TPZ India knows deeply — and the opportunity it represents is significant for property in Gandhinagar.

Up to 70% Appreciation: A Glimpse of the Future

Between 2022 and 2025, select properties in and around the GIFT City corridor delivered up to 70% price appreciation.

That is not a marketing claim — it is a documented market reality that outpaced Mumbai’s peripheral zones, Ahmedabad’s suburban markets, and most comparable micro-markets across India.
The fundamental drivers behind that appreciation have not gone away. They have grown stronger.
In 2022, GIFT City had fewer companies, fewer employees, and more uncertainty. Today, with 1,034 entities, 27,000 professionals, a dramatically improved global ranking, and a new 20-year tax holiday enacted into law under the Finance Act 2026 — the uncertainty is gone.
What remains is a clearly established, internationally recognized financial hub in full growth mode.
The buyers who entered in 2022 caught the early wave. The buyers who enter in 2025 and 2026 are still catching the growth phase — before GIFT City matures into a fully priced, established market where the biggest gains are already behind you, especially for property in Gandhinagar.

The Finance Act 2026: A Game Changer

On March 30, 2026, the Finance Act 2026 received Presidential assent. Under Section 147, GIFT City IFSC units are now entitled to a 100% deduction on business income for any 20 consecutive assessment years.

This is not a proposal. It is enacted law, effective April 1, 2026.
What does this mean for property buyers? It means the government of India has made a 20-year commitment to making GIFT City the most attractive financial destination in the country.
Companies that set up here now have a clear, long-term tax advantage that makes GIFT City dramatically more attractive than setting up anywhere else in India — or even in competing international hubs.
More companies will come. More professionals will follow. More housing demand will be generated. And Gandhinagar property values will continue their upward trajectory.
The Finance Act 2026 is the government telling every investor, every company, and every property buyer — GIFT City is here for the long run. Bet on it, especially for your property in Gandhinagar.

NRI Buyers: Your Moment for Investment

For NRIs, GIFT City's growth story has a layer of relevance that goes beyond standard investment logic.

GIFT City is now recognized internationally as a preferred investment hub for NRIs — offering tax-free gains, US Dollar denominated financial products, seamless repatriation, and a single unified regulator.
Major financial institutions, including Policybazaar, have publicly stated that GIFT City now contributes to over 50% of their NRI customer base.
This means that NRIs are already engaging with GIFT City as a financial services destination.
The natural next step — and one that many NRI investors are now making — is to also invest in the residential real estate that surrounds and serves this hub.
Owning a property near GIFT City as an NRI gives you three things simultaneously:
A strong long-term appreciating asset.
A rental income generator from high-earning GIFT City tenants.
A future home for when you return to India — located in one of the country's most forward-looking cities.
This makes investing in property in Gandhinagar an ideal choice for NRIs.

Smart Buying Strategies in Gandhinagar

The buyers who will look back at 2026 as their best real estate decision are not waiting for more proof. They already have it — in the form of 1,034 companies, 27,000 professionals, 47 buildings under construction, a 20-year government tax commitment, and a global ranking that has jumped from 92nd to 43rd in just four years.

They are choosing their location carefully — targeting areas in Gandhinagar with strong road and metro connectivity to GIFT City.
They are verifying RERA registration before committing to any project — because GIFT City's growth has attracted some low-quality development alongside the genuine opportunities.
They are entering with a medium to long-term horizon — three to seven years — because this is a structural growth story, not a short-term flip opportunity for property in Gandhinagar.

Final Thoughts: The Defining Decade

27,000 professionals need homes today. When GIFT City reaches its projected scale — which the current trajectory and government policy make increasingly inevitable — that number will be 100,000.

Every one of those professionals represents demand for the kind of quality residential property that Gandhinagar offers.
Every new company that sets up in GIFT City adds to that demand.
Every new building under construction signals that the growth is real, ongoing, and accelerating.
The numbers are not a sales pitch. They are a snapshot of a city in the middle of its defining decade. And Gandhinagar's property market is directly in the path of that growth.
The question is not whether GIFT City will continue to grow. The question is whether you will own a piece of the city that grows with it.

Reach Out to TPZ India: Your Local Experts

At TPZ India, we have been tracking Gandhinagar's transformation through the GIFT City era closely. We know which localities are seeing genuine demand, which projects represent real value, and where the opportunity is strongest right now for property in Gandhinagar.

If you are ready to make a property decision in Gandhinagar — whether you are a first-time buyer, a seasoned investor, or an NRI planning your return — we would love to have an honest conversation.

No pressure. No jargon. Just clear, experienced guidance from people who understand this market deeply.

Visit us at: www.tpzindia.com
Located in: Gandhinagar, Gujarat, India