Colliers bags $10 million project with Infibeam Avenues, to construct AI extension hub in Ahmedabad

Colliers, has won a significant assignment to construct the Artificial Intelligence and Technology Extension Hub in Ahmedabad for Infibeam Avenues. The Indian-based multinational fintech company plans to have an AI hub in GIFT City, Gujarat, and the Ahmedabad campus will be an extension of that, set to be up and running in 18 months.

Spread across 400,000 sq.ft., Colliers has won a cost-plus contract to complete the ambitious project. The AI and technology hub will have a symbiotic framework that will facilitate higher synergy within the ecosystem. Tech companies will be able to access a comprehensive system that enables collaboration and innovation.

“Winning the Infibeam project reflects our capabilities and continuous endeavor to create value for our clients. Our subject matter experts, rich in knowledge and market expertise, never fail to drive unmatched results and deliver exceptional projects.

With technology, innovation and operational excellence at our core, we are committed to creating future-oriented Grade A spaces that are aimed at long-term growth. GIFT City remains at par with the best commercial destinations in the world and our proven track record and team of the industry’s best professionals will certainly warrant effective project management and deliver a remarkable project.”, says Indranil Basu, Managing Director, Project Management, Colliers India. 

Gujarat International Finance Tec-City, rose to prominence as a notable global financial centre since past a few years. The government has proactively taken steps to strengthen GIFT IFSC, allocated over 22 million sq.ft space so far, and 240 Mn USD committed investment. GIFT City has witnessed projects from national and Gujarat based developers, sustaining a workforce of 20,000 professionals distributed across 400 occupier companies. With state-of-the-art facilities and a commitment to sustainability, GIFT City is positioned as international financial district, comparable to global finance centers, in the coming years.