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The total area for the development of GIFT is 359 hectares (886 acres) out of which the SEZ (Special Economic Zone) constitutes 106 hectares (261 acres). The project area under development can hence be classified under the SEZ area and the Non-SEZ area (also known as the Domestic Tariff area or the DTA). GIFT City is divided into two zones:
Aug 29, 2022 · The city is planned on 886 acres of land with 62 million sq. ft. of built-up area with 67 per cent commercial (42 million sq. ft), 22 per cent residential (14 million sq. ft) and 11 per cent...
- Suchitra Karthikeyan
- Kasturi Building, Anna Salai, 859-860, Mount Road, Chennai, 600002, Tamil Nadu
Jun 24, 2022 · The GIFT City consists of a Multi- Service SEZ SEZ) and an exclusive Domestic Tariff Area (“DTA”). The total area of 261 acres has been demarcated as SEZ and additional 625 acres has been marked as DTA. It is a Vertical City which will optimize land area consumption for development.
It is a pre-eminent, futuristic city built on the foundation of sustainability. GIFT City presents an unprecedented ecosystem for crucial economic activities with globally benchmarked regulations, taxation, policies and more, supported by Govt. of India and Gujarat.
Jul 4, 2023 · A total of 741 acres of the total area of GIFT City owned by GIFT City Company Ltd are being developed. “The private landowners who own 226 acres within the GIFT master plan do not have any regulation under which they can develop,” Ray said.
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Jul 30, 2022 · The GIFT city is built on 886 acres and has a multi-service Special Economic Zone (SEZ). It is home to India’s first International Financial Services Centre and also has Domestic Tariff Area...
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Sep 21, 2023 · Gujarat International Finance Tec-City (GIFT City) is a globally benchmarked International Financial Service Centre (IFSC), located in Gujarat, between the cities of Ahmedabad and Gandhinagar. It is planned on 886 acres of land with 62 million sq. ft. of built-up area, of which around 67% is commercial, 22% is residential, and 11% is social ...