Gift City Gandhinagar Progress Update (Hindi)

GIFT City, or Gujarat International Finance Tec-City, is a planned business district in the Indian state of Gujarat. Located between Ahmedabad and Gandhinagar, it is envisioned as a global financial and IT services hub, similar to other international financial centers. The development of GIFT City aims to provide a state-of-the-art infrastructure, including high-quality office spaces, residential complexes, and world-class amenities.
Key features of GIFT City include:
1. **Strategic Location**: Situated on the banks of the Sabarmati River, GIFT City enjoys excellent connectivity to Ahmedabad, Gandhinagar, and the international airport, making it an attractive destination for businesses.
2. **Financial and IT Hub**: The city is designed to host international financial services, technology firms, and other professional services, offering a conducive environment for global businesses.
3. **Infrastructure and Amenities**: GIFT City boasts cutting-edge infrastructure, including high-speed internet, efficient waste management systems, and a reliable power supply. It also includes residential areas, schools, hospitals, and recreational facilities to provide a complete living and working environment.
4. **Regulatory Framework**: The city operates under a unique regulatory framework designed to attract foreign investments and facilitate ease of doing business. This includes benefits like tax incentives and simplified compliance procedures.
5. **Sustainability and Smart City Features**: GIFT City is built with sustainability in mind, incorporating green building practices and smart city technologies to ensure energy efficiency and environmental responsibility.
6. **SEZ and IFSC**: The city includes a Special Economic Zone (SEZ) and India's first International Financial Services Centre (IFSC), providing a platform for international financial operations.
GIFT City is a key part of India's vision to enhance its position as a global financial hub. Its development continues to attract significant interest from domestic and international investors, making it a landmark project in India's urban planning and economic strategy.