A double corridor metro system is being constructed to connect GIFT City to the nearby airport and various parts of Ahmedabad. GIFT City is an integrated development on 886 acres of land with 62 mn sq. Gujarat International Finance Tec-City Company Ltd. Reg. Currently approximately 12000 people are working in BFSI & IT & ITeS sector. Every building in GIFT City is an intelligent building. The big four tech companies will work as catalysts to attract other tech and fintech companies and startups to GIFT-city, he said. Read More News on. January 05, 2021 7:24 pm. Using a walk-to-work concept as part of urban planning with a nodal split of 10:90 between private and public transport. Natural gas is distributed to every house and building via pipes, which is cheaper and safer than cylinders. Modi had said that the Gift city would become a price setter in some of the world's largest traded instruments in the next 10 years. GIFT IFSC is a Multi Services Special Economic Zone with 105 hectors of land and commenced its business in April 2015. 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. International Arbitration Center -Singapore has a bench operational in GIFT City. Trending Collections among NRI. Trusted by Users . GIFT City has already allotted development rights of around 11 Million sq feet. 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. Leading E-commerce player Infibeam has acquired space in GIFT City and is in advance stages of commencing its corporate office and overall back office operations. Property for Sale in Gift City – Buy new residential properties for sale at affordable price in Gift City Gandhinagar online on PropTiger.com This project provides affordable housing for the people of LIG AND MIG segment of society working in GIFT City. The cities of. Several measures underway for further development of GIFT City: Sebi chief, Visit of Wipro Chairman Mr. Azim Premji to GIFT City, Visit of Hon'ble Prime Minister of Bhutan to GIFT City, Visit of Hon'ble Chief Minister of Andhra Pradesh to GIFT City, INTERNATIONAL INVITED DESIGN IDEA COMPETITION FOR THE LANDSCAPE MASTER PLAN OF GIFT CITY, Inaugration of Jamnabai Narsee School at GIFT City, Allotment to Reliance Capital in GIFT IFSC, MoU Signing between GIFT SEZ and MCX_25082015, Visit of Governor of Guangdong Province China, Visit of Delegation of Abu Dabhi Global Markets, Bhoomi Pujan Affordable Housing Janaadhar, Roundtable Conference Banking, Insurance & Markets at Mumbai, Interactive Session on Gujarat – Promising Destination for IT/ITeS held on April 29, 2016 at New Delhi, Interactive Session on Gujarat - Promising Destination for IT Companies held on May 05, 2016 at Bangalore, Kotak Bank’s IBU Inauguration at GIFT IFSC on May 2, 2016, IDBI Bank’s IBU Inauguration at GIFT IFSC on May 6, 2016, Bhoomi Pooja & Ground - Breaking Ceremony of Brigade SEZ (Office Tower) and IBIS Styles Hotel at GIFT City on August 5, 2016, Foundation Stone Laying Ceremony of SBI Tower in GIFT City on Sep 19, 2016, Inauguration of SBI’s IFSC Banking Unit at GIFT IFSC on Sep 19, 2016, Inauguration of New India Assurance’s IFSC Insurance Office & Announcement of US$1 Billion Transactions Achieved at GIFT IFSC, GIFT City's International Seminar During Vibrant Gujarat Summit 2017, PM Inaugurates India's First Global Exchange at GIFT City, Oracle India inaugurated its 11th product development center at GIFT City, Inauguration of NSE's Global Exchange at GIFT City, Inauguration of MCX Office at GIFT City by Hon'ble Chief Minister of Gujarat, Abu Dhabi Global Market & Gujarat International Financial Tec-City Special Economic Zone for Finance take Bilateral Cooperation to next level, Dubai international financial centre signs mou with gift city, Belgium Opnes Honorary Consulate Office @ GIFT City, Axis Bank IFSC Banking Unit Inauguration @ GIFT City, Yes Banks IFSC Unit Inauguration and Listing of MTN Bonds @ GIFT City, Muhurat Ceremony of Tower Developed by BSE Broker's Forum intitiative DSCCL @ GIFT City, GIFT City Participation in Vibrant Gujarat 2019 International Roadshows, GIFT IFSC - A New Financial Gateway of India Seminar During Vibrant Gujarat Summit 2019, Annoucement of GIDC Tech Park in GIFT City, IDBI IBU Inaugurates its New Office in GIFT IFSC, SLCPAS Inaugurates its New Office in GIFT SEZ, StockHolding Corp starts IFSC business in GIFT City, “Girls Take GIFT City” organized by Bloomberg in association with UBS Bank, Inauguration of Bank of America’s operations at GIFT City, Inauguration of “Grand Mercure” An International Hotel developed by Brigade Group, Integrated Development (Office, Residential & Institutional), Multi Services Special Economic Zone (SEZ), India’s 1st International Financial Services Centre (IFSC), Smart, Sustainable & Green Infrastructure. [6] The city has an integrated development model which has been spread out in three phases. GIFT City is governed by GUDA ( GIFT Urban Development Authority ). The road connectivity to and in GIFT City has increased with the construction of new roads. Every public servicing system in each of the buildings has inbuilt intelligence in it. The third phase's planned period for construction and commencement of the fully built city is 2020-2023. The 400 MW electricity supply is planned to be 99.999% reliable (about 5.3 minutes of outage per year). Gujarat International Finance Tec-City -GIFT offers a lively and professional work environment that fosters employee development. Share Feedback. 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. India's biggest real estate developer Sobha Developer is constructing premium housing in GIFT City. [16], On 20 January, 2020, The Economic Times reported that GIFT is set to begin trading in rupee-dollar in futures market. This is an IoT based C-4 where are all public utilities are monitored & managed. GIFT City has functional City Command & Control Center C-4. The company started trading on the British market since 2013-05-17. [15] In June, 2020, IL&FS concluded sale of its stake in GIFT-City for 32 crore equity value to the state government. [17], On 6 January, 2020, Accor opens the first international hotel in GIFT City. The stake sale will help the group reduce its debt by Rs 1,230 crore. Debt-laden IL&FS on Monday said it has completed the sale of its 50 per cent stake in Gujarat International Finance Tec-City (GIFT City) to the Gujarat government for Rs 32.71 crore. Tendering for the next bunch of towers is going on. 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. Verified. Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. This center will focus of new innovations in the field of IoT, Analytics, BI and Robotics. The waste is automatically sucked through underground chutes at a high speed of 90 km/h (56 mph), and is being treated through various methods including plasma gasification. GIFT City allocates space to Jaxay-headed firm to invest Rs 700 crore. [20], On 26 December 2011, The Times of India reported that China's technology giant Huawei is likely to provide technology to GIFT. In November 2018, The Wire reported that Gujarat State govt. Investment to the tune of around INR 12,000 /- Crores have been committed in the GIFT city. The place for fun & unique gift ideas all year round Our multi-cultural environment comprises professionals from different parts of the nation. Currently 10 buildings are operational. GIFT City consist of a conducive Multi-Service SEZ (Special Economic Zone) and an exclusive Domestic Area. The Registered Agent on file for this company is Debra A Goodrum and is located at 1321 E … of Gujarat will buy out the 50% stake of beleaguered Infrastructure Leasing & Financial Services (IL&FS) in the GIFT City, to minimize delays to the project. 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. GUDC is designated as Area Development Authority for the GIFT Project. The GIFT City’s plan is for the 359 hectares (886 acres) of land area to have approximately ~110 buildings with ~5,800,000 m2 (62,000,000 sq ft) of built-up area, of which around 67% is commercial, 22% is for residential and 11% is social facilities. It is being developed as a global financial services hub. Gandhinagar - GIFT City, Infocity, Airport Road, Chandkheda + 1 more Posted by Individual. The entire city is based on concept of FTTX ( Fibre to the home / office ).The fiber optic is laid in fault tolerant ring architecture so as to ensure maximum uptime of services. Companies from Financial Services, Technology and all other services sector will be …   Last Updated Date: Gift City Baskets LLC is an Arizona Domestic L.L.C. Phone verified . It was promoted by the Government of Gujarat as a greenfield project. 100+ Buyers Served. [22], According to the news report from The Times of India on 18 October 2014. Viridian RED, the real estate development arm of Viridian Group, has casted one of the biggest raft foundations in Gujarat International Finance Tec-City (GIFT City), Gujarat for World Trade Center (WTC). In June 2020, Government of Gujarat announced that it has bought remaining 50% shares of Gujarat International Finance Tec City Ltd. company. Another 05 buildings are under construction. [24], According to Business Standard (Boost for AIF biz at Gift city as top fund administrator gets license) OPS Fund Services, a subsidiary of OPS Global, Singapore, which is a strategic partner of Basiz Fund Services, received the license to set up shop in International Financial Service Centre at Gujarat International Fin-Tec City (GIFT). [23], 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. Office: EPS - Building no. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external connectivity. I opted not to have them embroidered, but you can send them anywhere to get your logo stitched on! This will be 32 storied building with world class amenities. ... Gujarat International Finance Tec-City (GIFT City) - India's First Operational Smart City and IFSC Contact Agent Get Phone No. Major real estate developers in the city are IL&FS, Govt. Visitors : Each phase is designed as integrated sustainable development, for example the first phase itself includes development of office space, residential, school, hotel, club etc. Find over 1 crore resumes. Currently ~190,000 m2 (2,000,000 sq ft) of commercial space is operational, and another 280,000 m2 (3,000,000 sq ft) is under development. 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”). I chose these as the corporate gift for a company a few years ago, and people still talk about how great they are. Viridian Red casts one of biggest raft foundations for WTC-GIFT City. GIFTS CITY LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. GIFT employees find themselves in an intellectually stimulating environment. However, it’s very crucial to choose the right corporate gift so it stands out in the crowd and at the same stays true to the values of your brand. Currently there are 10 Telecom operators providing Telecom services in GIFT City. [21], 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). It was promoted by the Government of Gujarat as a greenfield project. Government of India has provisioned for Single regulator for GIFT City in the annual budget of the year 2020. Second phase of development is under progress. Hire × We have sent the verification link on. filed on August 6, 2012. Ramakant Jha, managing director and chief executive officer of GIFT Company, which is executing the Gift City and the IFSC project, said: “The government has taken up the IFSC project as priority and we’re planning to operationalise the project in a year’s time. Currently approximately 225 units/companies are operational with more than 12000 professionals employed in the City.[7]. As of now an investment of Rs 10,500 crore has already been committed for GIFT City. Create your profile! Gujarat International Finance Tec-City, or GIFT City, in Gandhinagar, Gujarat. A TIA-942 certified TIER IV Datacenter is operational in the city with rack capacity of 900 racks. The Bangalore-based Brigade Group will invest Rs.500 crore over the next few years to develop 100,000 square metres (1.1×10^6 sq ft) of built up area with future option of investing another Rs. January 2021. The idea for GIFT was conceived during the Vibrant Gujarat Global Investor Summit 2007 and the initial planning was done by East China Architectural Design & Research Institute (ECADI), which is credited with planning of much of modern-day Shanghai. The first phase of this DCS with a capacity of 10,000 TR is in operation since April 2015. A five star Hotel 'Grand Mercure' by one of the worlds biggest hotel chain ' Accor Hospitality' is operational in GIFT City with 95 rooms. Photo: Sam Panthaky/AFP GIFT City: Are we there yet? Hire people for your business . All Rights Reserved. The Intelligent Building Management System guidelines issued by GIFT City to all developers ensures that building level services are at par with international standards. Apply free to various Gift City job openings @monsterindia.com ! GUDC ( Gujarat Urban Development Corporation ) is developing their software development center for various IT companies of Gujarat. Learn more today. With the likelihood of setting up an exchange office. The World Trade Center -GIFT City, is final phase of completion for financial and allied services. The Registered Agent on file for this company is Kari Altmann Willford and is located at 1928 E Highland Ave F-104550, Phoenix, AZ 85016. GIFT City offers 99.99 % uptime of Telecom Services since start of operations. ft. of Built Up area which includes Office spaces, Residential Apartments, Schools, Hospital, Hotels, Clubs, Retail and various Recreational facilities, which makes this City a truly “Walk to Work” City. Office:EPS - Building no. According to Eric Yu, president, enterprise business, Huawei India, this technology includes networking solutions and setting up of data centres and surveillance as well as other opportunities. [13] This phase will also include building up of basic infrastructure. 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. The group's current outstanding debt is … 11 Nov 2020, 07:16 PM. Currently there are 10 Telecom service providers available with bouquet of services. GIFT CITY UK LTD is a Private limited with Share Capital company based in 2 WESLEY GARDENS, PEBWORTH, STRATFORD-UPON-AVON PEBWORTH, United Kingdom, which employs 2 people. Top Packaging Companies in the World 2020 Amcor. (GoG has also exempted stamp duty for entities having registered office in GIFT for capital market activities). India's first city-level DCS (district cooling system) is operational at GIFT City. CIN: U65929GJ2007PLC051160 Phone: +91 079-61708300 Citizen Helpline Number: +1800 120 1300 It would be completed within 4 years. GIFT City is a new Financial & Technology Gateway of India for the World. Genuine Listings. Apply Now. Gas supply to the city is done from the existing gas network of GSPL, the state-owned company for gas transmission pipelines. 7. All waste in the city are collected and taken to processing plant by vacuum chutes installed at every floor of all buildings. 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. [18], On 5 December, 2019, Business Standard reported that Bank of America opens Global Business Services Center at GIFT-IFSC [19], On 15 December 2011, The Economic Times reported that city officials in GIFT are inviting companies from Singapore who wish to expand but cannot do so due to a lack of land in Singapore to open their businesses in GIFT. This bench provides resolution of all disputes referred for International Arbitration. 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.[9][10]. The city is connected though 4-6 lane State and National Highways. In just around a year since the start of operations, public and private sector banks at India's first and only International Financial Services Center (IFSC) at Gujarat International Finance Tec-City (GIFT City) have clocked in business transactions in excess of $1 billion (roughly Rs 6,700 crore) through their International Banking Units (IBU). This development center of Gujarat will employ around 1900 IT and Finance professionals. (n)Code Solutions – a … According to The Hindu Business line, Global banking major Hongkong and Shanghai Banking Corporation Limited (HSBC) has received an in-principle approval from the GIFT SEZ Authority to set up an IFSC Banking Unit (IBU) at GIFT- International Financial Services Centre (IFSC). Dharti Management Certified Agent. A judicious combination with the latest technology and global best practices in infrastructure service delivery are in place. Reg. [25], 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 (. 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