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Tishman Speyer enters strategic alliance with Ganesh Housing for SEZ project

Tuesday, 06 Sep 2022
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Tishman Speyer has entered into a strategic alliance with Ganesh Housing Corporation (GHCL) to jointly develop a Special Economic Zone (SEZ) project in Ahmedabad, Gujarat. 
Presently, Ganesh Housing has around 64 acre earmarked for SEZ development at a location behind Nirma University. 
Phase-I of SEZ, which will be jointly developed by Tishman and GHCL, will be of around 1.2 million sq ft of gross leasable area. 
The SEZ has a potential development of around 12 million sq ft divided into processing and non-processing area. Both the companies have agreed to collaborate for the development, leasing and property management of the SEZ project in a phased manner. 
The realty major will also liaison with various agencies in project development and leverage its wide international network for development and marketing of the SEZ project.
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