DevX to set up Deakin University’s India campus in GIFT City
DevX will be setting up Deakin University’s India campus in GIFT City, making it the first instance of an international university to set up a campus in the country.
The company has partnered with Nila Infrastructure for the construction, while DevX itself will conceptualize, design, build and deliver the state-of-the-art futuristic 25,000 sq ft university campus.
“We at DevX are proud to create the Deakin University India campus project in GIFT City.
We stand committed to deliver a world-class, state-of-the-art campus that can easily accommodate the aspirations of a global university,” said Umesh Uttamchandani, Co-Founder, DevX.
JLL India acted as the transaction advisor for Deakin University.
“This is an historic opportunity to deepen our engagement with one of the world’s fastest-growing economies and open up access to our world-class education and pathways, delivered in India by Deakin alongside our industry partners,” said Ravneet Pawha, Vice President (Global Alliances) and CEO (South Asia), Deakin University.
Deakin University has a long history in India, as it was the first international university to establish its presence in the country in 1994.
“This collaboration provides an optimal platform for capitalizing on the growing demand, fostering innovative and future-proof solutions that will shape the future of GIFT City,” said Karan Sodi, Senior Managing Director — Mumbai Metropolitan Region & Gujarat, JLL.
According to him, this venture will bring in new opportunities to the property market here including student housing, retail establishments, commercial spaces, and amenities tailored to the evolving needs of the student community.
