GIFT City (Gujarat International Finance Tec-City) has rapidly emerged as India’s first operational smart city and a global financial services hub. Designed to rival global financial centers, GIFT City is divided into two major zones: the International Financial Services Centre (IFSC) Zone, commonly known as the International Zone, and the Domestic Tariff Area (DTA) or Domestic Zone. Understanding the difference between these zones is essential for investors planning to capitalize on opportunities in this futuristic city.
The International Zone of GIFT City functions as a special financial jurisdiction, regulated by the International Financial Services Centres Authority (IFSCA). This zone is created to attract global financial institutions, fintech companies, foreign banks, insurance firms, and other international service providers.
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The Domestic Zone is open to Indian businesses and residents. It includes residential townships, commercial spaces, educational institutes, hospitals, retail, and hospitality projects. If you're planning to buy a home, open a business, or invest in commercial real estate for domestic use, the Domestic Zone is where you’ll look.
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