GIFT city receives highest certification from IGBC as greenfield city
02 Sep 2021
2 Min Read
CW Team
Gujarat International Finance Tec-city (GIFT) becomes India's first greenfield smart city to receive the highest green cities platinum certification from Indian Green Building Council (IGBC).
India鈥檚 only operational smart city, and International Financial Services Centre (IFSC), GIFT city has received the platinum certification for Green master planning & design and implementation of phase I development of GIFT City from IGBC.
The platinum certification is all set to create GIFT city as the first greenfield smart city of India to obtain the IGBC green cities platinum rating.
According to the IGBC, the body has recognised several GIFT city initiatives including integrated land use, Metro rail connectivity, compact city development, substantiate housing, transit-oriented development with BRTS, 100% road network with the streetscape, 35% public green and open spaces, and 100% green buildings mandate in the city.
GIFT City, MD & Group CEO, Tapan Ray, said that the city's vision on smart urban development factors in sustainability, being an integral trait with consideration for social, environmental, and economic impact.
The platinum-rated city under the IGBC green city rating system is a testimony to the cutting-edge infrastructure, design, and project implementation of the city, which will attract global companies to establish their base in GIFT city, with their commitment towards sustainability, Ray said.
GIFT City has proposed to obtain high energy efficiency by district cooling systems and 100% LED street lighting. The city has also included water management by a 35% decrease in potable water and treatment and reuse of 100% wastewater, according to Ray.
IGBC provides a wide range of services. The IGBC is a portion of the Confederation of Indian Industry (CII).
GIFT city has also established an automated waste collection and segregation plant, considering the national importance of solid waste management.
Also read: Gujarat govt picks GIDC, GMB as equity partners for GIFTCL
Gujarat International Finance Tec-city (GIFT) becomes India's first greenfield smart city to receive the highest green cities platinum certification from Indian Green Building Council (IGBC).
India鈥檚 only operational smart city, and International Financial Services Centre (IFSC), GIFT city has received the platinum certification for Green master planning & design and implementation of phase I development of GIFT City from IGBC.
The platinum certification is all set to create GIFT city as the first greenfield smart city of India to obtain the IGBC green cities platinum rating.
According to the IGBC, the body has recognised several GIFT city initiatives including integrated land use, Metro rail connectivity, compact city development, substantiate housing, transit-oriented development with BRTS, 100% road network with the streetscape, 35% public green and open spaces, and 100% green buildings mandate in the city.
GIFT City, MD & Group CEO, Tapan Ray, said that the city's vision on smart urban development factors in sustainability, being an integral trait with consideration for social, environmental, and economic impact.
The platinum-rated city under the IGBC green city rating system is a testimony to the cutting-edge infrastructure, design, and project implementation of the city, which will attract global companies to establish their base in GIFT city, with their commitment towards sustainability, Ray said.
GIFT City has proposed to obtain high energy efficiency by district cooling systems and 100% LED street lighting. The city has also included water management by a 35% decrease in potable water and treatment and reuse of 100% wastewater, according to Ray.
IGBC provides a wide range of services. The IGBC is a portion of the Confederation of Indian Industry (CII).
GIFT city has also established an automated waste collection and segregation plant, considering the national importance of solid waste management.
Image Source
Also read: Gujarat govt picks GIDC, GMB as equity partners for GIFTCL
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
