GIFT City calls bids from global companies to develop 7.54 lakh sq ft commercial tower

Bidders can be a domestic or international company, a consortium or a joint venture. As a co-developer of the project, the selected bidder will be required to design, finance, develop, construct, operate and maintain the commercial tower. The land for the project will be allotted on a leasehold basis for 99 years. The lease deed will be executed only after completion of the construction, which has to be done in five years.