Gift City Gandhinagar stands as a pioneering business platform, meticulously crafted to foster commerce and cultivate a thriving ecosystem. This integrated city is not just about business; it’s a holistic environment featuring world-class infrastructure interwoven with residential and social developments.
The allure of GIFT City lies in its comprehensive offerings designed to minimize operational costs and maximize business potential. Companies benefit from a conducive business environment, bolstered by attractive tax policies, a deep talent pool with low attrition rates, and an exceptional quality of life for professionals. These advantages position GIFT City as the preferred destination for leading international and domestic corporations across the BFSI, IT/ITeS, and diverse service sectors looking to establish and expand their operations.
As India’s first operational smart city and International Financial Services Centre (IFSC), GIFT City is setting new benchmarks. Its world-class infrastructure and sustainable master planning are intentionally designed to rival and surpass renowned global centers such as London, Shanghai, New York, Hong Kong, Singapore, and Dubai. The Government of India recognizes GIFT City as a model Smart City under the Greenfield category, serving as an exemplar for the nation’s ambitious project of developing 100 smart cities.
The development and execution of this visionary project are driven by a joint venture between the Government of Gujarat, through the Gujarat Urban Development Company Ltd. (GUDC), and Infrastructure Leasing & Financial Services Ltd. (IL&FS). This 50:50 partnership has formed Gujarat International Finance Tec-City Company Limited (GIFTCL). GIFT City boasts a dedicated Multi Services Special Economic Zone (SEZ) tailored for the international operations of various service sector players. Within this SEZ, GIFT City proudly houses India’s inaugural International Financial Services Centre (IFSC), officially approved by the Government of India.
Spanning 886 acres, this integrated development offers a substantial 62 million sq ft of built-up area. This space encompasses not only state-of-the-art office spaces but also residential units, educational institutions, healthcare facilities, hotels, clubs, retail outlets, and diverse recreational and entertainment venues. This comprehensive integration truly embodies the concept of a ‘walk-to-work’ city, enhancing convenience and work-life balance. GIFT City’s vertical development strategy optimizes land usage, making it a model for sustainable urban growth.
GIFT City is equipped with cutting-edge infrastructure, many of which are pioneering implementations in India. These include a District Cooling System, an Automated Waste Collection System, a Utility Tunnel, and a reliable potable water supply, ensuring efficiency and sustainability.
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