Google chooses GIFT City for Global Fintech Hub expansion
Real Estate

Google chooses GIFT City for Global Fintech Hub expansion

Google Inc, the tech giant, has secured an entire floor in the Fintech One commercial tower, owned by Blackstone Group's Nucleus Office Parks, situated in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. This move is part of Google's initiative to establish its global fintech center in India.

Under a long-term lease agreement spanning 10 years, with an initial term of five years and the option for a five-year extension, Google India, the company's Indian arm, has acquired office space from Nucleus Office Parks. This significant development was welcomed by Prime Minister Narendra Modi during a virtual meeting. Sundar Pichai, CEO of Google and Alphabet, informed Modi about Google's commitment to enhancing financial inclusion in India, particularly by leveraging UPI (Unified Payments Interface).

Expressing gratitude for the fruitful meeting, Pichai thanked Prime Minister Modi through a social media post for the opportunity to discuss Google's ongoing dedication to India. Despite reaching out to Google, Blackstone, and Nucleus Office Parks via email, ET's queries remained unanswered at the time of publishing this news.

Fintech One, a 20-storey commercial office tower, offers expansive office spaces, with each floor covering approximately 22,000 sq ft. Several global organisations, including IBM, have chosen this tower for their offices. IBM's three-floor office in the tower is already operational, and other companies have commenced their fit-out work.

Presently, Google operates five offices across India, including its headquarters in Hyderabad, as well as offices in Bengaluru, Mumbai, Gurgaon, and Pune. Notably, the Pune office, occupying 1 lakh sq ft in a Mundhwa-based co-working centre, is the latest addition to Google's office portfolio.

Furthermore, Google is in the process of constructing its largest campus outside of the United States, located in Hyderabad.

Google Inc, the tech giant, has secured an entire floor in the Fintech One commercial tower, owned by Blackstone Group's Nucleus Office Parks, situated in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. This move is part of Google's initiative to establish its global fintech center in India. Under a long-term lease agreement spanning 10 years, with an initial term of five years and the option for a five-year extension, Google India, the company's Indian arm, has acquired office space from Nucleus Office Parks. This significant development was welcomed by Prime Minister Narendra Modi during a virtual meeting. Sundar Pichai, CEO of Google and Alphabet, informed Modi about Google's commitment to enhancing financial inclusion in India, particularly by leveraging UPI (Unified Payments Interface). Expressing gratitude for the fruitful meeting, Pichai thanked Prime Minister Modi through a social media post for the opportunity to discuss Google's ongoing dedication to India. Despite reaching out to Google, Blackstone, and Nucleus Office Parks via email, ET's queries remained unanswered at the time of publishing this news. Fintech One, a 20-storey commercial office tower, offers expansive office spaces, with each floor covering approximately 22,000 sq ft. Several global organisations, including IBM, have chosen this tower for their offices. IBM's three-floor office in the tower is already operational, and other companies have commenced their fit-out work. Presently, Google operates five offices across India, including its headquarters in Hyderabad, as well as offices in Bengaluru, Mumbai, Gurgaon, and Pune. Notably, the Pune office, occupying 1 lakh sq ft in a Mundhwa-based co-working centre, is the latest addition to Google's office portfolio. Furthermore, Google is in the process of constructing its largest campus outside of the United States, located in Hyderabad.

Next Story
Real Estate

Sloan India Experience Centre

Sloan India Experience Centre is a part of the Sloan India office that spans 20,000 sq ft and is LEED V4 ID+C. The four-storey layout is carefully arranged, with storage, parking and services on the ground floor, manufacturing facilities and an experience centre and corporate office.An interactive spaceDiscussing the design brief, Krishna Mukti, Director, Sloan India, explains, “The Experience Centre was envisioned to showcase our advanced solutions while reflecting our commitment to sustainability and innovation. The goal was to create a space where visitors could explore next-generation fl..

Next Story
Products

ABB launches ‘LIORA’ modular switches for smart spaces at ELECRAMA 2025

ABB India has introduced ‘LIORA,’ a new modular switch range designed for residential, commercial, and hospitality spaces. Engineered for superior safety, performance, and aesthetics, LIORA offers a variety of switches, sockets, USB charging ports, electronic bells, and key card switches. Made in India and BIS-certified, it blends modern technology with sleek design, available in finishes like glossy Moon White and matte Stone Grey.At ELECRAMA 2025, we are showcasing the extensive technology portfolio we offer in India. From the latest in motors, drives and traction systems to the new LIOR..

Next Story
Equipment

CE Industry Sees Robust Growth in Domestic and Export Sales: ICEMA

The construction equipment industry has experienced its highest sales volumes in three years, driven by increased government spending on infrastructure projects. Domestic and export sales have surged significantly in the April-December 2024 period, according to the latest data from the Indian Construction Equipment Manufacturers' Association (ICEMA).During the first nine months of the current fiscal year, the industry sold 98,970 units, a 5% increase from the 94,685 units sold during the same period in 2023, and a 34% rise from 73,795 units in 2022.Exports also reached a three-year high, with ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?