- It is a Central Business District being built between Ahmedabad and Gandhinagar in Gujarat
- Its main purpose is to provide high quality physical infrastructure(electricity, water, gas, district cooling, roads, telecoms and broadband), so that finance and tech firms can relocate their operations in it
- It will have a SEZ, international education zone, integrated townships, an entertainment zone, hotels, a convention centre, and international techno park, Software Technology Parks of India (STPI) units, shopping malls, stock exchanges etc.
- Gujarat International Finance Tec-City Company Limited (GIFTCL) is responsible for developing and implementing the project. GIFTCL is a joint venture of Gujarat Urban Development Company Limited (GUDCOL) and Infrastructure Leasing & Financial Services (IL&FS)