Ahmedabad Eyes GCC Hub Status as Ganesh Housing Launches ₹15,000 Crore SEZ IT Park Near GIFT City
Ahmedabad, May 18: Ganesh Housing has launched a ₹15,000 crore SEZ IT Park named Million Minds Tech City near GIFT City, expected to catalyse over 70,000 high-skilled jobs and strengthen Ahmedabad for Global Capability Centres (GCCs).
Project Overview
The SEZ IT Park is Gujarat's first IGBC Platinum-rated SEZ IT Park and Ahmedabad's first integrated Tech City, conceived as a future-ready economic ecosystem. The integrated ecosystem will comprise nearly 10 million sq ft of Grade A commercial and technology office spaces, close to six million sq ft of premium residential developments, and close to two million sq ft dedicated to retail, hospitality, social and lifestyle infrastructure.
Strategic Location and Leasing
The park is located at Vaishnodevi Circle within the high-growth Ahmedabad-GIFT City–Gandhinagar corridor. Phase one, comprising approximately 1.3 million sq ft, has already witnessed strong leasing momentum with nearly 8 lakh sq ft leased to leading global enterprises including IBM, Tata Consultancy Services, Searce, Valtech, Withum, Kashiv BioSciences, DevX, and APSER Life Science.
Government and Leadership Statements
Union Minister of Home and Cooperation Amit Shah said, "Gujarat has already established itself as one of India's strongest industrial growth engines, and now the state is moving decisively towards becoming a global hub for technology, innovation and high-skilled services." Shekhar Patel, MD and CEO of Ganesh Housing, said, "Million Minds Tech City is fundamentally an economic growth and employment generation story for Gujarat. We are building an ecosystem that will directly and indirectly generate over 70,000 jobs and enable reverse migration of Gujarat's talent pool."
Development Partners
The project is being developed in collaboration with real estate developer and operator Tishman Speyer as project management partner, and RSP Architects as the design partner. The entire campus has been developed with a sustainability-led approach and has received IGBC Platinum certification, integrating smart building systems, AI-enabled operational efficiencies, and digital-first workplace infrastructure.