GIFT CITY | GROUND REPORT 2021 | Smart City Guide | GIFT City Ground Report 2021 | Latest Update of GIFT CITY | Current Update of GIFT CITY | GIFT CITY LATEST UPDATE 2021 | GIFT Smart City | SMART CITY | Gujarat International Finance Tec-City | IFSC CITY | International Financial Services Centre | Special Economic Zone | GIFT CITY Gujarat India | Smart City India | India's Mega Projects | Gujarat Megaprojects | Greenfield Smart City India
GIFT City is India's first operational smart city and international financial services centre. GIFT is an operational smart city developed in the Gandhinagar metropolitan region as a greenfield development. The project includes features like a district cooling system, underground utility tunnel, and automated vacuum waste collection. The city is designed for walkability and includes commercial and residential complexes.
The project is located on the bank of the Sabarmati River and is around 12 km (7.5 mi) from Gandhinagar international airport. GIFT is easily accessible from all directions through 4-6 lane State and National Highways. A double corridor metro system is planned to connect GIFT City to the nearby airport and various parts of Ahmedabad and Gandhinagar.
The idea for GIFT was developed during the Vibrant Gujarat Global Investor Summit 2007 and is being planned by East China Architectural Design & Research Institute (ECADI), which is responsible for planning much of modern-day Shanghai, and Fairwood Consultants India. GIFT City’s Master 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. 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. As of now an investment of Rs 10,500 crore has already been committed for GIFT City. The city has an integrated development model which has been spread out in three phases. Each phase is designed as integrated sustainable development, for example the first phase itself includes development of office space, residential, school, hotel, club etc.
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