Colliers to Spearhead Development of Modern AI Hub in Ahmedabad for Infibeam Avenues

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  • 14th Feb 2024
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Colliers to Spearhead Development of Modern AI Hub in Ahmedabad for Infibeam Avenues
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Colliers has secured a pivotal contract to lead the construction of the Artificial Intelligence and Technology Extension Hub in Ahmedabad, a project commissioned by Infibeam Avenues. This new development is an extension of the planned AI hub in GIFT City, Gujarat, with ambitions to operationalize within 18 months, marking a significant step forward for the Indian multinational fintech company.

Innovative Hub for Collaboration and Growth

Spanning 400,000 square feet, the project awarded to Colliers on a cost-plus basis aims to establish a synergistic environment fostering collaboration and innovation among tech companies. This AI and technology hub is designed to support a thriving ecosystem, enabling tech firms to leverage a comprehensive system for enhanced partnership and creative solutions.

A Commitment to Excellence and Innovation

Indranil Basu, MD of Project Management at Colliers India, emphasized the significance of winning the Infibeam project as a testament to Colliers' capability to add value and execute exceptional projects. The team, lauded for its expertise and commitment to innovation, aims to create state-of-the-art Grade A spaces focused on sustainable growth. Basu highlighted GIFT City's global standing and expressed confidence in delivering a remarkable project through effective management and a skilled professional team.

GIFT City: A Rising Global Financial Hub

Gujarat International Finance Tec-City (GIFT City) has quickly emerged as a leading global financial center, thanks to proactive government initiatives and significant investments, including a $240 million commitment. GIFT City has attracted projects from prominent national and Gujarat-based developers and currently supports a diverse workforce of 20,000 professionals across 400 occupier companies, underscoring its status as a vibrant commercial destination.


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