GIFT City (Gujarat International Finance Tec-City) is heading into a major transformation. The Gujarat government has proposed a ₹6100 crore investment over the next 15 years to expand and modernise this high-tech financial hub. This bold move aims to position GIFT City as a global destination for finance, technology, and innovation.
Government Plans a Massive Smart City Expansion
Officials behind the project confirmed the scale of this development. The plan will unfold in three phases and focus on enhancing urban infrastructure. Although GIFT City already boasts smart features like the District Cooling System and Underground Utility Tunnels, these innovations might not extend into the newly added zones.
Planners are currently reviewing public feedback. If stakeholders demand advanced systems and agree to share the cost, the government may revise the final plan.
Three Phases of Investment Explained
The proposed ₹6,100 crore investment will roll out in three major stages:
Phase 1: ₹826 crores
Phase 2: ₹2,765 crores
Phase 3: ₹2,596 crores
These funds will cover essential infrastructure, including water supply, stormwater drainage, waste management, street development, and landscaping. Authorities aim to build an efficient and sustainable city that can serve as a model for others.
Public-Private Partnership to Speed Up Development
To speed up implementation, the government has adopted the Public-Private Partnership (PPP) model. This approach combines public sector governance with private sector efficiency. The PPP model will fund and execute critical services like roads, public transport, water infrastructure, and waste systems.₹6100 crore investment
In addition to core infrastructure, the government also plans to use this model for affordable housing and waterfront development. By involving both sectors, the city aims to complete projects faster and with better quality.
Traditional Methods Replace Some Smart Systems
The new 2,441-acre development will nearly triple GIFT City’s footprint. Despite this massive growth, some smart features in the original city, such as the automatic waste collection system, won’t extend to the new area.
Instead, the government plans to implement door-to-door waste collection, similar to methods used in other parts of Gujarat. Five nearby villages affected by the expansion will see traditional systems integrated into their development plans.
A government spokesperson mentioned that the plan is still under review. If future consultations show demand for advanced infrastructure, those features could still be included.
Essential Services Will Match Existing Standards
While smart features may vary, the quality of core services will stay high. The expansion will include:
Continuous electricity supply
24/7 availability of Narmada water
Advanced water treatment facilities
Well-planned stormwater networks
These systems will ensure the new zones function efficiently and maintain the high standards GIFT City is known for.
Economic Growth and Job Opportunities
This expansion promises to create new job opportunities and attract global investors. With more space and upgraded infrastructure, GIFT City can support a wider range of industries, including finance, tech, and real estate.
As India positions itself as a leader in smart cities, this project strengthens that vision. It shows how the country can blend innovation with strategic planning to build future-ready urban centers.
Strategic Move Towards a Global Financial Hub
This ₹6100 crore investment initiative reflects India’s long-term economic strategy. By expanding GIFT City, the country is strengthening its position on the global stage. The new development will accommodate more businesses and attract international attention.
GIFT City is not just growing in size. It’s evolving in function and purpose—ready to become a global financial and tech powerhouse.
Bottom Line: GIFT City is the Future of Urban India
This bold expansion marks a milestone in India’s smart city journey. It blends innovation, public-private collaboration, and sustainable development.
The project will offer new opportunities for investors, businesses, and residents. Whether you’re looking to invest, live, or build in a future-ready city, GIFT City is the place to start.
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