Mumbai, Jan. 7 -- The expansion into GIFT City marks the company's first project in Gujarat and a significant milestone in its expansion beyond its core Mumbai market. The project will be undertaken through its subsidiary, Rise Root Projects, which has entered into a development agreement with Abhishek Bachchan having profit-sharing arrangement, enabling the company to leverage its core strengths in design, planning, development, and execution.

The proposed development will comprise a thoughtfully planned mix of premium retail, Grade-A commercial office spaces and high-end residential units etc. The project is designed to address the growing demand from financial institutions, fintech firms and IT / ITeS companies.

Supported by the comp...