GIFT – India’s Finance And Technology City

The Gujarat International Finance Tec-City (GIFT City) is a smart city located in Gujarat, India. It is India's first operational smart city and is known for being a hub of innovation in finance and technology. GIFT City is a project gifted to India by the Modi government and has two zones – SEZ and domestic.

The SEZ zone is a special economic zone where Indian companies can open offshore accounts, and their ancillaries will be included in the domestic zone. The domestic zone is meant for local Indian companies that want to work in support of companies in SEZ.

GIFT City's infrastructure is at par with international standards. The buildings in GIFT City have 30-35 floors, and over 400 companies and 20,000+ people work there. Additionally, new infrastructure projects like the Jamnabhai School, Lilavati Hospital, and GIFT Club are being developed in GIFT City.

GIFT City has been developed by national-level developers and renowned developers from Ahmedabad. Its growth has been exponential, and many people question why GIFT City is so expensive. However, it is essential to note that any building with 30-35 floors will have a higher cost than buildings with 14 floors.

GIFT City is known for being a hub of innovation in finance and technology. It provides a range of benefits to companies, including tax holidays, exemptions from import and export duties, and 100% FDI. Companies in GIFT City can enjoy state-of-the-art infrastructure, excellent connectivity, and a business-friendly environment.

GIFT City has become a popular choice for companies in the finance and technology sectors due to its advanced infrastructure, tax benefits, and ease of doing business. It has transformed into a preferred destination for global companies to set up their operations in India.

In conclusion, GIFT City is an innovative project that has transformed the landscape of Gujarat. It has become a hub of innovation in finance and technology, providing a range of benefits to companies that choose to set up their operations there. Its growth has been exponential, and with the development of new infrastructure projects, GIFT City is sure to become a top destination for businesses in the years to come.