Gift city Presentation

GIFT CITY
India’s 1st Operational
Smart City & IFSC
Shivani Darji

GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
ABOUT
Gujarat International Finance Tec-City (GIFT)
-A Global Financial & IT Hub
 GIFT City is an integrated development on 886 acres of
land with 62 Mn sq. 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. GIFT
City consist of a conducive Multi-Service SEZ (Special
Economic Zone) and an exclusive Domestic Area.
 This City is a Vertical City which will optimize land area
consumption for development. 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.
 GIFT City is a new Financial & Technology Gateway of
India for the World.
http://www.giftgujarat.i
n/

VISION
Shri Narendra Modi
 “The vision of Gujarat would be incomplete
without capitalizing on the in-house financial
business acumen.
 To tie-up with technology, to create a hub
complete with infrastructure, to meet the
needs of modern Gujarat, modern India and
to create a space in the global financial
world…that is my dream”
GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
http://www.giftgujarat.in/

CONCEPT & INITIATIVE
Purpose to create:
 A Global Financial & IT Hub
with a Domestic Tariff Area & a Multi Services SEZ
 A Globally benchmarked IFSC
(International Financial Services Centre)
 Employment opportunities for 1 Million People
 A Greenfield Smart City
with State-of-the-Art Infrastructure
 A Vertical City
1st of its kind in the country in scale, scope &
quality
GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT

Through – Public Private Partnership :
To develop and implement the Project, the Government of Gujarat through its
undertaking Gujarat Urban Development Company Limited (GUDCL) and
Infrastructure Leasing & Financial Services Limited (IL&FS) have established a
50:50 Joint Venture Company, "Gujarat International Finance Tec-City Company
Limited" (GIFTCL).
 Gujarat Urban Development Company Limited (GUDC )
GUDCL facilitates urban development by assisting state government in
formulation of policy, institutional capacity building, project implementation, and
in raising funds from multilateral agencies for urban projects. For more details of
GUDCL, please refer to the following URL:
www.gudcltd.com
 Infrastructure Leasing & Financial Services Ltd. (IL&FS)
Incorporated in 1987, the business architecture of IL&FS focuses on providing
services in development of Core Infrastructure Areas suitably complemented
with an array of Financial Services. The various businesses are conducted
through subsidiaries with IL&FS being a principal shareholder in each.
IL&FS has catalysed over USD 8 Billion of infrastructure projects and is currently
working on several innovative projects mostly based on Public Private
Partnership format. For more details of IL&FS, please refer to the following URL:
www.ilfsindia.com
Continue….

ADVANTAGES
 Strategic Location
 Integrated Development (Office,
Residential & Institutional)
 Multi Services Special Economic Zone
 India’s 1st International Financial Services
Centre (IFSC)
 Smart, Sustainable & Green Infrastructure
 Single Window Clearance
 Quality of Life
 Talent availability
GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT

LAND AREA
GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
BUA Component Area (Million Sqm.)
Commercial 3.90 (42 Mn sqft)
Residential 1.30 (14 Mn sqft)
Social Facilities 0.56 (6 Mn sqft)

 AMENITIES
 RETAIL CENTRES
 D Mart
 Reliance Shopping Mart
 Shree Balaji Agora Mall
 4D Square Mall
 SCHOOLS
 Jamnabhai Narsee School
 Delhi Public School
 St. Xavier’s School
 Shree Swaminarayan Dham International School
 HOSPITALS
 Sterling Medical Centre
 Sanjivani Children’s Hospital
 Life Apollo
 Aashka hospitals
 Shubham Maternity Hospital
 Hi-Tech Hospital
GIFT CITY
About
Vision
Concept &
Initiative
Advantages
Land Area
Amenities
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT

GIFT CITY
ZONES
DTA
Multi Services SEZ
with IFSC Status
IFSC
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
n/
The activities permitted within GIFT
City are as follows:
1. Commercial:
A. DTA- Domestic Services Area
B. SEZ- Special Economic Zones
C. IFSC- International Financial Services
Center
2. Residential
3. Social including Schools, Hospitals

BUSINESS NATURE OF OPPORTUNITY
Financial
Services
Back-office of banking, Insurance and Asset Management
Financial
Services
Corporate roles in financial services companies. E.g.
Accounting, HR, Admin, IT.
Select Product
Market
Private banking, Product development, Microfinance etc.
Capital Market
and Trading
Includes DCM, ECM, M&A, Commodity trading, Private
Equity, Hedge Funds, Institutional Brokerage
IT Services Software Application development and maintenance for
BFSI and other verticals
ITeS/ BPO
Services
Captive BPOs of large global financial services companies,
3rd party BPO service providers KPOs etc.
DTA – Domestic service Area

Corporates in the Domestic Services Zone

The Destination for Development

Multi Services SEZ
 “GIFT SEZ Limited” has been formed by
GIFTCL for development of Multi
SEZ at Gandhinagar with the prime
on development of IFSC and allied
activities in SEZ. It is pertinent to note
that the primary focus of the Multi
Services SEZ will be on financial services.
 It further categorized into two part:
1. Processing Area (PA)
2. Non Processing Area (N PA)
GIFT CITY
ZONES
DTA
Multi Services SEZ
with IFSC Status
IFSC
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT

PROCESSING AREA NON PROCESSING AREA
International Financial Service Centre
(IFSC)
Related Commercial and Office
Buildings
International Techno Park &
International Market Zone
Service Apartments & Residential
Flats
Commodity Exchange Hostels and Restaurants and Food
Court
Global Trading Exchange Business Hotel, Shopping Centre,
Retail Stores and Banks
Insurance Training center for Financial Services
Offshore Banking Medical Centre
IT/ITeS Entertainment Centre/ Theatre
KPO/BPO Services Post Office, Telephone Exchange,
Police Station, Security, etc.
Data Centre Regulators Offices

ZONE AREA
SEZ- PA 61.1829 Ha (130.5acres)
SEZ- N PA 44.2557 Ha (130.5 acres)
TOTAL (SEZ) 105.4386 Ha (261 acres)
DTA 252.93 Ha (625 acres)
GRAND TOTAL 358.3686 Ha (886 acres)

Institutions Occupying Space @ IFSC /SEZ

IFSC
 GIFT is the only approved IFSC in India.
 BENEFITS
 Good & Services Tax (GST)
 10 year Tax holiday (First 5 years 100%, next 5 years 50%)
 Minimum Alternate Tax (MAT) 9 % of Book Profit
 GoG has also exempted stamp duty for entities having
registered office in GIFT for capital market activities).
Budget 2019 Updates
 Proposed extension of capital gains exemption to
equities, exchange traded funds, alternative investments
and mutual funds.
 Proposed 10-year tax holiday on 100% of the profit for
business units in IFSC
 Proposal to create a Unified IFSC Regulatory Authority
GIFT CITY
ZONES
DTA
Multi Services SEZ
with IFSC Status
IFSC
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT

IFSC Activities

WATER
Water Supply & Sewerage System:
 Water Sources:
 Narmada Main canal
 Recycling and Reuse of Wastewater
 Rainwater Harvesting
 24 x 7 Water Supply
 Concept of Zero Discharge City
 Perennial Water Front ensured through
construction of three barrages on river
Sabarmati
 Proposed landscaped promenade at the river
bank along GIFT City
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

Samrudhi Sarovar &
Waterfront
Development:
• 1 km length & 7 m depth
• Width varying from 82 m
to 160 m
• Designed for 15 days
drinking water storage
• Water Body of 0.75 Mm3
capacity to enhance
aesthetics and for water
sports activity
n/

 POWER
 GIFT Power Company Ltd., 100% subsidiaries of GIFTCL is
Power distribution licensee for GIFT
 Projected Power demand of GIFT is 610 MVA.
 220/33KV Receiving Stations with Dual source of Power.
 Initially 66/33KV receiving station with Dual source of Power.
 33 kV dual feed cable distribution in Utility Tunnel to all the
packages.
 Centralized Backup power feed through same network.
 State-of-the-art automation setup for Substation,
Distribution, Lighting and distribution network with real
monitoring and control.
 Power Distribution strategy
 Gas Insulated Switchgears (GIS) substation for Sub-
transmission and Distribution within GIFT city
 Building level Switching panel room with GIS switchgear
utility tunnel connecting each package
 Dual 33KV feed to every building from Switching panel room
 Complete Electrical infrastructure of building shall be
developed and maintained by developer
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

GIFT Power Company Limited
66/33kV
substation (60MVA Capacity)
GIFTCL’s Power Distribution
Philosophy

SOLID WASTE MANAGEMENT
 Automated Waste Collection System (AWS)
through chute system
 Minimum Human Intervention
 Minimize space requirement
 Minimize impact on health
 Waste sucked through pipes at a speed of 90
km/hr
 Waste Treatment through Plasma Technology
 Monitoring E-Waste; Bio-medical, Hazardous
Waste handling system
 Monitoring Central Waste Handling Facility
 Monitoring Residual Waste handling, rejects
 Safety Management, Emergency response
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

Automatic
Collection,
Transportation
and
Segregation
System

DISTRICT COOLING SYSTEM
 District cooling system is an Energy Efficient and
Sustainable air conditioning system as it conserves
up to 30% energy as compared to traditional air
conditioning systems.
Highlights of District cooling system:
 Total Planned District Cooling Capacity: 1,80,000 TR
 First Phase District Cooling System is operational
since March 2015
 State of the art technology, Series Counter Flow
Chillers with Thermal Storage Tank
 Chilled water distribution piping network through
underground Utility Tunnel
 Energy metering and Control through SCADA
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

Salient features of District cooling system:
• Energy conservation up to 30%
• Reduce Global Warming Potential (GWP)
• Reduce CO¬2 Emission
• Reduce Heat Island effect
• Lower Operation & Maintenance cost
• Improve Aesthetic of the Buildings

Utility Tunnel
 GIFT City is being developed as a state-of-the-
financial hub which shall require huge
infrastructure with excellent planning, designing
and engineering with latest technologies. In
respect to vast infrastructure systems, GIFT
developed the vision of “DIGGING FREE CITY” by
placing all the utilities in a TUNNEL across the
city so that there is no need to excavate the
roads in future for repair/maintenance
/renovation/up gradation of any utility. The
provisions are made in the tunnel for smooth
access, separation of utilities, proper drainage,
lighting, and other long-term concerns, such as
maintenance and security.
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

• The Utility Tunnel will accommodate all the utilities including Power Cables,
Raw Water supply pipe line to Water Treatment Plant (WTP) as well as
treated water supply pipe line from WTP to various developments, chilled
water supply from District Cooling Pipe (DCP) to various developments
and return pipe line to DCP, ICT cables, Automated Waste Collection pipe
line, Fire hydrant water pipe line, etc. From safety point of view the tunnel
is divided into WET and DRY sections which are physically separated with
each other. Wet section is carrying utilities related to water, ICT and others
while dry section carries power cables and have access from top. The wet
section has been designed in such a manner that material handling can be
done efficiently and maintenance trolley may be used for material
movement.
• Total length of the Tunnel within GIFT City shall be approx. 16 Km and shall
be provided with Ventilation system, Rodent Repellent System and Fire &
Smoke Detection System for the purpose of safety. The size of the Tunnel
shall vary depending on the no and size of the Utilities and may go up to
as large as 8 M wide X 11M deep.

TRANSPORTATION
 Gift city have smart transport facilities
such as Traffic Management, Parking,
Area Traffic Control, Road Condition
System, Real Time Travel Response etc.
 Further it is mainly divided into sub
parts:
 Smart Transportation
 External
 Internal
 Multi Level Parking (MLP)
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
Water
Power
Solid waste
Management
District Cooling
System
Utility Tunnel
Transportation
USPs OF LOCATION
TAX BENEFIT

SMART Transportation

EXTERNAL Transportation
• Grid of six external
gateways from NH-8 and
State Highway
(Connecting to various
areas of Ahmedabad and
Gandhinagar)
• Bus Rapid Transit System
(BRTS) to GIFT
• Metro Rail Transport
System (MRTS) to GIFT
• Multi Modal Transport
Hub

INTERNAL Transportation

Multi Level Parking (MLP)

WHY GUJARAT
 Traditional business community
 High growth economy - 10 % over last five
years
 Pool of trained manpower
 Cas
 Commerce graduates
 Active Capital Markets - Gujarat contributes
30% of stock market capitalization
 Proactive Government
 43% urban population envisioned to be 50%
by 2015
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
Why Gujarat
Key Competitive
Factor
TAX BENEFIT

KEY COMPETITIVE FACTOR
 People - Gujarat has an adequate employable
pool and offers high potential for inward
migration
 Business Environment - Gujarat has
successfully its forte of providing conducive
business environment
 General Competitiveness - Overall, the state
stands tall
 Infrastructure – A Key focus of Government,
infrastructure continuous to contribute to
economic development
 Market Access – Gujarat provide a strong
platform for launch of new product or services
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
Why Gujarat
Key Competitive
Factor
TAX BENEFIT

SEZ UNITS
*Minimum Alternative Tax(MAT) @ 18.5%
(excluding surcharge and education cass)
Would be payable on book profit
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
SEZ Units
IFSC Units

UNITS DEVELOPER/ CO-
DEVELOPER
Development stage
(Capital Goods,
Consumables,
Components & Spare )
No Customs Duty
No Excise Duty
No SalesTax
No ServiceTax
No PurchaseTax
No Stamp Duty & Registration Fee
No Stamp Duty On Mortgages
No Electricity Duty
No Customs Duty
No Excise Duty
No SalesTax
No ServiceTax
No PurchaseTax
No Stamp Duty &
Registration Fee
No Stamp Duty On
Mortgages
No Electricity Duty
Operation Stage (Raw
Materials, Consumables,
Components & Spares)
As above As above
Profit Stage Exemption from IncomeTax*
100% for the first 5 years
50% for the next 5 years
50% of profits ploughed back for
the next 5 years
No IncomeTax for
10 years(80IAB)*

 IFSC Units
Competitive Tax Regime: NIL TAX
 Security Transaction Tax(STT)
 Commodity Transaction Tax(CTT)
 Dividend Distribution Tax(DDT)
 Long Term Capital Gain(LTCG)
 Short Term Capital Gain(STCG)
 10 year Tax holiday(First 5 years 100%,next 5 years
50%) Minimum Alternate Tax (MAT) 9% of Book Profit
 (GoG has also exempted stamp duty entities having
registred office in GIFT for capital market activities).
GIFT CITY
ZONES
INFRASTRUCTURE
USPs
USPs OF LOCATION
TAX BENEFIT
SEZ Units
IFSC Units

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