[11], In an interview with Financial Express on Sept 11, 2019, Mr. Tapan Ray, Managing Director and Group CEO of GIFT City, said that GIFT City has been able to attract committed investment of around Rs 11,000 crore so far.[12]. 100+ Buyers Served. Viridian Red casts one of biggest raft foundations for WTC-GIFT City. The City is located on the bank of river Sabarmati connecting the Business capital (Ahmedabad) and Political capital (Gandhinagar) of Gujarat State- The Growth Engine of India. The 400 MW electricity supply is planned to be 99.999% reliable (about 5.3 minutes of outage per year). GIFT City offers 99.99 % uptime of Telecom Services since start of operations. 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. Each phase is designed as integrated sustainable development, for example the first phase itself includes development of office space, residential, school, hotel, club etc. 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. 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. [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. Piece it Together. They have been allocated 28,000 square metres (300,000 sq ft) to develop the commercial tower. [17], On 6 January, 2020, Accor opens the first international hotel in GIFT City. The cities of. Companies from Financial Services, Technology and all other services sector will be … The Registered Agent on file for this company is Debra A Goodrum and is located at 1321 E … 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. The company's filing status is listed as Good Standing and its File Number is L17804035.   Last Updated Date: filed on August 6, 2012. It reduces the operational cost by 30-40% and avoids the capital cost of implementing individual air conditioner in each building.[8]. This development center of Gujarat will employ around 1900 IT and Finance professionals. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external connectivity. The road connectivity to and in GIFT City has increased with the construction of new roads. [20], On 26 December 2011, The Times of India reported that China's technology giant Huawei is likely to provide technology to GIFT. This project provides affordable housing for the people of LIG AND MIG segment of society working in GIFT City. (n)Code Solutions – a … As of now an investment of Rs 10,500 crore has already been committed for GIFT City. Businesses registered in the GIFT City will have to pay 9 percent MAT. GIFT City is a new Financial & Technology Gateway of India for the World. It was promoted by the Government of Gujarat as a greenfield project. 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. 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. 11 Nov 2020, 07:16 PM. GIFT CITY TRADING LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. Dharti Management Certified Agent. 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. Investment to the tune of around INR 12,000 /- Crores have been committed in the GIFT city. The Intelligent Building Management System guidelines issued by GIFT City to all developers ensures that building level services are at par with international standards. Currently approximately 12000 people are working in BFSI & IT & ITeS sector. 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. GIFT City's first housing project of affordable housing 'Janmangala' was inaugurated in the year 2017.The project has around 300 dwellings. 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). 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. A judicious combination with the latest technology and global best practices in infrastructure service delivery are in place. 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. 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. Tendering for the next bunch of towers is going on. Gandhinagar - GIFT City, Infocity, Airport Road, Chandkheda + 1 more Posted by Individual. In November 2018, The Wire reported that Gujarat State govt. India's biggest real estate developer Sobha Developer is constructing premium housing in GIFT City. All Rights Reserved. This center will focus of new innovations in the field of IoT, Analytics, BI and Robotics. 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. Government of India has provisioned for Single regulator for GIFT City in the annual budget of the year 2020. It would be completed within 4 years. GIFT City is governed by GUDA ( GIFT Urban Development Authority ). The major customers in the city are Oracle Inc., TCS, Bank of America, Cybage, BSE, NSE, MCX, STT (Singapore Telemedia), Beefree, SBI, Bank of Baroda, Syndicate Bank, LIC, GIC, Bank of India, STPI ( Software Technology Parks of India ) etc. 1 talking about this. Contact Agent Get Phone No. 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. Office: EPS - Building no. GIFT City has functional City Command & Control Center C-4. Natural gas is distributed to every house and building via pipes, which is cheaper and safer than cylinders. GIFT aims at providing a transportation network that ensures accessibility, easy and fast mobility and accidental free traffic. Office:EPS - Building no. All the electricity cables are laid in the Utility Tunnel in dry area protected by thick concrete wall in redundant paths. I opted not to have them embroidered, but you can send them anywhere to get your logo stitched on! 4012937 Two commercial towers, each of 28 floors called the GIFT ONE and GIFT TWO have been finished. Savvy will invest Rs 700 crore in developing five projects, which will include commercial, residential and social buildings, stated an official release. Second phase of development is under progress. A TIA-942 certified TIER IV Datacenter is operational in the city with rack capacity of 900 racks. The city is designed for walk to work concept and includes commercial and residential complexes. I chose these as the corporate gift for a company a few years ago, and people still talk about how great they are. [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). ET Bureau. of Gujarat via GUDC, Hiranandani, Brigade, Sobha Developers, ATS Savy, Prestige group, LIC, SBI, Befree, Janadhar Group, BSE Brokers forum, Veradian Group. There is an International Bullion Exchange planned in GIFT City in near future. Foreign portfolio investors will not be taxed as they are clients, but business units will pay MAT. Share Feedback. Send cool custom wood burned puzzles from Liberty Puzzle. Verified. The place for fun & unique gift ideas all year round It is being developed as a global financial services hub. Hire × We have sent the verification link on. A double corridor metro system is being constructed to connect GIFT City to the nearby airport and various parts of Ahmedabad. The WTC is under construction apart from a couple of buildings as part of the SEZ. Property for Sale in Gift City – Buy new residential properties for sale at affordable price in Gift City Gandhinagar online on PropTiger.com Apply free to various Gift City job openings @monsterindia.com ! The second phase construction has already begun and the Hiranandani Signature building has been built which hosts India International exchange. Phone verified . It was promoted by the Government of Gujarat as a greenfield project. 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. Corporate gifts are an innovative way to let your clients, prospective clients, employees, and all associated with your company know that you value their association with your brand. Reg. The centre will connect businesses around 343 locations worldwide. One click to apply for jobs; Better matching jobs for you; Get noticed by hiring companies; Create my profile. Apply Now. The city is connected though 4-6 lane State and National Highways. This City is a Vertical City which will optimize land area consumption for development. GIFT employees find themselves in an intellectually stimulating environment. 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. [22], According to the news report from The Times of India on 18 October 2014. 600 crore to develop 160,000 square metres (1.7×10^6 sq ft). India's first city-level DCS (district cooling system) is operational at GIFT City. [13] This phase will also include building up of basic infrastructure. The group's current outstanding debt is … All of these come together to provide an international standard of working and living. The company's filing status is listed as Active and its File Number is 000775925. Gujarat International Finance Tec-City -GIFT offers a lively and professional work environment that fosters employee development. A world class Corporate Club named 'GIFT Club' is operational and very popular in the vicinity. 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. Gift City | 183 followers on LinkedIn. GUDC ( Gujarat Urban Development Corporation ) is developing their software development center for various IT companies of Gujarat. January 2021. 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 jobs in Gandhinagar - Check out latest Gift City job vacancies in Gandhinagar with eligibility, salary, companies etc. [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). Public infrastructure in GIFT CITY is based on concept of 'Predictive Maintenance'. GUDC is designated as Area Development Authority for the GIFT Project. Trusted by Users . Price: Starts at $65 each. The first phase of this DCS with a capacity of 10,000 TR is in operation since April 2015. Skip to main content. Gujarat International Finance Tec-City, or GIFT City, in Gandhinagar, Gujarat. January 05, 2021 7:24 pm. Find over 1 crore resumes. Photo: Sam Panthaky/AFP GIFT City: Are we there yet? 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]. Genuine Listings. 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). Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. [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. Gujarat International Finance Tec-City Company Ltd. Reg. The company started trading on the British market since 2013-05-17. [6] The city has an integrated development model which has been spread out in three phases. GIFT City consist of a conducive Multi-Service SEZ (Special Economic Zone) and an exclusive Domestic Area. Gas supply to the city is done from the existing gas network of GSPL, the state-owned company for gas transmission pipelines. Piped natural gas is already in distribution in the nearby cities of Ahmedabad and Gandhinagar. This Project Location by Gift City Gandhinagar. 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