PSP Projects Limited has secured a ₹107.10 crores civil and finishing work order from Brigade (Gujarat) Projects Private Limited for the BIFC-2 building at GIFT City.
PSP Projects Limited has announced the receipt of a significant work order valued at ₹107.10 crores (excluding GST). It is meant for the construction of civil structures and finishing works at the BIFC-2 building in GIFT City, Gandhinagar, Gujarat. The contract was awarded by Brigade (Gujarat) Projects Private Limited and falls under the institutional project category.
According to regulatory filings and official statements, the scope of the work involves comprehensive civil construction and architectural finishing, reinforcing PSP Projects' credentials in the high-value institutional infrastructure sector. The project is expected to be executed and delivered within 24 months.
Strategic win strengthens PSP Projects' institutional portfolio
This new order further consolidates PSP Projects' position as a trusted infrastructure development firm in India, particularly in the institutional category. The GIFT City (Gujarat International Finance Tec-City) location adds further strategic importance, given its status as a flagship smart city and international financial services hub. It is developed by the Government of Gujarat.
With this development, PSP Projects continues to build on its reputation for executing time-bound, large-scale projects with a focus on structural integrity and architectural excellence. The company's ability to win repeat orders and execute projects in high-stakes environments positions it favourably among institutional developers and government stakeholders alike.
GIFT City gains momentum with new infrastructure projects
GIFT City has seen a flurry of development activity in recent years, with multiple institutional and commercial infrastructure projects underway. The city is envisioned as a global business district, combining top-tier physical infrastructure with state-of-the-art financial services governance.
The BIFC-2 building is part of this larger development blueprint and is set to enhance the city's institutional capacity. PSP Projects' appointment as the contractor reflects both the trust placed in the company's technical capabilities and the urgency of delivering infrastructure in sync with GIFT City's accelerated growth plans.
PSP Projects continues order inflow momentum
This ₹107.10 crores order adds to PSP Projects' expanding order book, which includes residential, industrial, institutional, and government projects across multiple states. The firm's focus on execution quality, client satisfaction, and timely delivery has enabled it to consistently secure high-value contracts from both public and private sector entities.
As PSP Projects embarks on this new assignment for Brigade (Gujarat) Projects, the institutional sector emerges as a key area of opportunity. Both in terms of business value and contribution to national infrastructure.
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