Govt accords dual use permission to GIFT City, allows non-SEZ entities to buy properties

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  • 05/05/2022
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Govt accords dual use permission to GIFT City, allows non-SEZ entities to buy properties

India’s first operational smart city and international financial services centre (IFSC), the Gujarat International Finance Tec-City (GIFT City), has secured dual use permission that will allow developers to offer premises to entities that are not operating in the special economic zone (SEZ).

GIFT City is the country’s first SEZ to get necessary permissions for this from the SEZ Board, government of Gujarat and Board of Approvals (BoA) that falls under the purview of the ministry of comm .. Source

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