, According to the news report from The Times of India on 18 October 2014. As part of Phase-I development, around 780,000 square metres (8.4×10^6 sq ft) of BUA has already been allotted from the 1,200,000 square metres (13×10^6 sq ft) of BUA (built-up area) available for commercial, residential and social uses. Piece it Together. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external connectivity. That compares with 18.5 percent tax on all profits payable by companies in a special economic zone for first five years and half the profit exempted in the next five, said Pandey. GIFT City is an emerging global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked business districts. It will bring back billions of dollars of business which India has been losing to other competing global financial hubs,” says Tapan Ray, MD & Group CEO, GIFT City. Gandhinagar - GIFT City, Infocity, Airport Road, Chandkheda + 1 more Posted by Individual. Gift City jobs in Gandhinagar - Check out latest Gift City job vacancies in Gandhinagar with eligibility, salary, companies etc. In November 2018, The Wire reported that Gujarat State govt. Verified. The big four tech companies will work as catalysts to attract other tech and fintech companies and startups to GIFT-city, he said. The cities of. They have been allocated 28,000 square metres (300,000 sq ft) to develop the commercial tower. Currently there are 10 Telecom operators providing Telecom services in GIFT City. A double corridor metro system is being constructed to connect GIFT City to the nearby airport and various parts of Ahmedabad. GIFT City is a vision of Shri Narendra Modi, Hon'ble Prime Minister of India for development of India's first Global Financial Hub at Gandhinagar, Gujarat. , On 2 October 2014, NetIndian reported that a new World Trade Center would be set up in GIFT City as per an agreement between World Trade Center India Services Council (WTCS) and Gujarat International Finance Tec-City Company Ltd (GIFT City). Reg. All Amenities Available in This Project, Well Developer by Sbha Group of Company. , Business district under construction in Gujarat, India, Learn how and when to remove this template message, Sardar Vallabhbhai Patel International Airport, Infrastructure Leasing & Financial Services, Boost for AIF biz at Gift city as top fund administrator gets license, "Gujarat International Finance Tec-City - Global Financial Hub | GIFT Gujarat", "THE GUJARAT INTERNATIONAL FINANCE TEC-CITY (GIFT)", "GIFT makes steady progress; witnesses a 'hockey stick growth curve, "More gifts for GIFT City may stop flight of capital to Singapore", "Rs 10,500 crore investment committed for GIFT City: CEO", "Gift city may see 3-4 foreign banks set up shop soon - Times of India", "India's First District Cooling System at GIFT City: REHVA", "India News, Latest Sports, Bollywood, World, Business & Politics News - Times of India", "Ahmedabad- Metro Rail: Work on phase 2 of the project to begin in June 2020; details", "News Update 2015 | VG 2015 | Vibrant Gujarat Global Summit 2017", "30,000 jobs in next 3 years immediate priority, says Tapan Ray, MD, Gujarat International Finance Tec-city", "India's tallest proposed building Diamond Tower showcased(Video) | DeshGujarat News from Gujarat", "ABB will power up the world's biggest financial district", "Gujarat Will Buy Crisis-Hit IL&FS Stake in 'Gift City', Says CM Vijay Rupani", "IL&FS sells 50% stake in GIFT City to Gujarat govt, reduces consolidated debt by over Rs 1,200 crore", "GIFT City to begin trading in rupee-dollar in futures market", "Accor opens the first international hotel in GIFT City", "Bank of America opens Global Business Services Center at GIFT-IFSC", "Singapore firms get Gujarat International Finance Tec City (GIFT) invite - The Economic Times", "GIFT City, GCCI and World Trade Centre in pact for trade development | NetIndian", "Brigade Group to invest Rs 500 crore in GIFT City as co-developer - Times of India", "BSE to set up commercial tower at GIFT city in Gujarat | Latest News & Updates at Daily News & Analysis", "Boost for AIF biz at Gift city as top fund administrator gets license", North Western Ghats moist deciduous forests, https://en.wikipedia.org/w/index.php?title=Gujarat_International_Finance_Tec-City&oldid=994081153, Buildings and structures under construction in India, Articles with a promotional tone from May 2020, All Wikipedia articles written in Indian English, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, Gujarat International Finance Tec-City Company Limited, Using a multimodal mix of transport systems (. Create your profile! City Gift Company, LLC is a Tennessee Domestic Limited-Liability Company filed on October 23, 2014. Every home and office of the city is connected with Fibre optic cable. GIFT employees find themselves in an intellectually stimulating environment. Amcor is a global leader in responsible global packaging solutions, supplying a broad range of rigid and flexible packaging products to the food, beverage, healthcare, home, personal care, and tobacco packaging industries. Visitors : 100+ Buyers Served. GIFT CITY TRADING LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. The city is designed for walk to work concept and includes commercial and residential complexes. All the electricity cables are laid in the Utility Tunnel in dry area protected by thick concrete wall in redundant paths. GIFT aims at providing a transportation network that ensures accessibility, easy and fast mobility and accidental free traffic. This is being achieved by: GIFT City will also have its own metro stations and will be connected to Ahmedabad metro network by March 2024.. GIFT City is governed by GUDA ( GIFT Urban Development Authority ). Financial institutions setting up business units in Gift City will pay a reduced tax valid for special economic zones and can more easily offer foreign-currency loans to Indian companies aboard and foreign firms. Two commercial towers, each of 28 floors called the GIFT ONE and GIFT TWO have been finished. Skip to main content. Every public servicing system in each of the buildings has inbuilt intelligence in it. The Registered Agent on file for this company is Debra A Goodrum and is located at 1321 E … Companies House Companies House does not verify the accuracy of the information filed (link opens a new window) Sign in / Register . GIFT City is an integrated development on 886 acres of land with 62 mn sq. Share Feedback. A TIA-942 certified TIER IV Datacenter is operational in the city with rack capacity of 900 racks. , BSE Broker's Forum would invest 120 crore to build a commercial tower to set up back office operations to lower their costs and enjoy modern facilities.  In June, 2020, IL&FS concluded sale of its stake in GIFT-City for 32 crore equity value to the state government. This will be 32 storied building with world class amenities. Find over 1 crore resumes. Skip to main content. Gujarat International Finance Tec (GIFT) City located on the banks of the Sabarmati River and is around 12 km (7.5 mi) from Sardar Vallabhbhai Patel International Airport and is India's first operational smart city and international financial services centre. (GoG has also exempted stamp duty for entities having registered office in GIFT for capital market activities). Second phase of development is under progress. Currently there are two International Stock Exchanges named 'Indian International' & 'NSE International' are operational in the city with daily turnover of approximately 5 billion US$. The company's filing status is listed as Good Standing and its File Number is L17804035. This is an IoT based C-4 where are all public utilities are monitored & managed. The company started trading on the British market since 2013-05-17. The WTC is under construction apart from a couple of buildings as part of the SEZ. The first phase of this DCS with a capacity of 10,000 TR is in operation since April 2015. The companies functioning out of GIFT City include MNC players like Oracle; Maxim Integrated, a US$ 2 billion plus US-based integrated solutions company and Befree, a leading book-keeping company from Australia. January 2021. , On 26 December 2011, The Times of India reported that China's technology giant Huawei is likely to provide technology to GIFT. Gujarat International Finance Tec-City, or GIFT City, in Gandhinagar, Gujarat. Tendering for the next bunch of towers is going on. Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. India plans aircraft leasing company at GIFT City to counter Chinese dominance; Sebi eases ownership rules for Gift City Exchanges; Bank of America leases 4 lakh sq ft office space in GIFT City for 15 years; Top Trending Industry TermsPetrol Price Today Serum Institute Airtel Africa Tata Motors Budget 2021 Indian Airlines news Telecom news Banking news Finance news Auto News. © 2019 Gujarat International Finance Tec-City. As of now an investment of Rs 10,500 crore has already been committed for GIFT City. Trending Collections among NRI. Design and Architecture - East China Architectural Design & Research Institute (ECADI) and Fairwood Consultants India, Environmental Assessment - IL&FS Ecosmart Ltd, Process Management - IL&FS Infrastructure Development Corporation Ltd, This page was last edited on 14 December 2020, at 00:51. The third phase's planned period for construction and commencement of the fully built city is 2020-2023. Piped natural gas is already in distribution in the nearby cities of Ahmedabad and Gandhinagar. Gujarat International Finance Tech-city (GIFT) SEZ is India’s first International Financial Services Centre (IFSC) under Special Economic Zone Act, 2005 (“SEZ Act 2005”). Currently approximately 225 units/companies are operational with more than 12000 professionals employed in the City.. (n)Code Solutions – a … Becomes 100 % Government of Gujarat as a greenfield project 49a, Block 49, Zone 04, Marg... Are laid in the GIFT City consist of a conducive Multi-Service SEZ ( Special Zone... 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