Invitation for Proposal at Gujarat International Finance Tec-City for developers.

The Government of India in April 2015, operationalised International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT) City by issuing operating guidelines. GIFT IFSC is receiving excellent response from the financial services sectors covering Banking, Capital Market and Insurance. GIFT IFSC has already made allotment to around 20 institutions, including leading names like SBI, IDBI Bank, ICICI Bank, Kotak Mahindra Bank and YES Bank. GIFT has also signed Memorandum of Understanding (MoU) with various leading Capital Market players namely, BSE, NSE, MCX and DMCC. Recently NSE has signed MoU with London Stock Exchange for setting up global trading platform at GIFT IFSC SEZ. From the Insurance sector, GIC and New India Assurance have also received platform allotment in GIFT IFSC.

In order to meet the growing demand, GIFT City has invited proposals from reputed International & National developers to develop office towers in SEZ and Non-SEZ areas with the launch of Phase - 2 development. This is an excellent opportunity for developers to participate in taking up development projects in GIFT City.

Detailed Request for Proposal (RFP) document can be downloaded from the website www.giftgujarat.in

Last date for submission of the proposal is January 29, 2016.