GIFT City on way to Build India's First International Financial Services Centre
Artistically designed to serve as a paradigm for a classic city in terms of quality of life, infrastructure, ambience and also to be at or above par with globally benchmarked financial centers such as Shinjuku, Tokyo, Lujiazui, Shanghai, La Defense, Paris, London Dockyards etc, GIFT-a financial Central Business District (CBD) being constructed between Ahmedabad and Gandhinagar will act as an oasis in the city once it gets fully completed. Being a Greenfield development project, it intends to serve as a hub for the global financial services sector with state-of-the-art connectivity, infrastructure and transportation access being integrated into the design of the city.
The project is currently well on its way to develop India's first International Financial Services Centre (IFSC) after the inauguration of the state's tallest tower-GIFT One. GIFT Two would be inaugurated shortly. There is a clear interest in moving into GIFT City from various financial institutions because of its infrastructure and cost advantage. Six banks have already shown their interest in setting up base at GIFT.
