Gift City Update News Classy and Amazingly righteous Residential Specifications

Gujarat was the first state to enact the Special Economic Zone SEZ Act, 2004. The unique and innovative form of SEZs would surely prove as the growth engine that can boost manufacturing facilities, enhance exports and generate incredible employment opportunities along the way. The Government of India introduced SEZ scheme to Gift City Latest Update a hassle free operational regime and for encompassing state of the art infrastructure that will enhance the state's urban and industrial growth. SEZs cover industrial and labour aspects, including flexible labour laws and exit options. The concept of Fixed Term Employment introduced by the SEZ Act has helped in accounting for the least manpower days lost due to labour conflict, among comparable industrial states. A prosperous economic gateway is created for Gujarat with 1,600-km long coastline dotted with 41 ports.

It gives it an advantage of having access to all major port based countries such as UK, China, Japan, Korea and the Gulf countries it is as well as a gateway to the rich land-locked northern and central hinterland. Kandla was chosen to be a major port on the west coast by the Government after port of Karachi went to Pakistan after Independence. Total traffic at the Kandala port has always seen an upward move. Gift City News grew at around 14% CAGR during 2004-2005 to reach all most 80 MMT in 2009-2010 this is higher than the 8% average CAGR for all Major ports in India. India's financial services sector has transformed over the last decade with a market capitalization of over USD 200 by contributing 5% to GDP and employing over 3 million people. Given India's continued economic growth the financial sector will grow to double or triple the existing figures and to meet the emerging demand Gujarat has formulated a mega project named Gujarat International Finance Tec-City GIFT going world financial hubs, London and New York have played vital role in contributing immensely to both GDP and employment in their nations by tapping the needs of Financial Services.

On the same line, from eastern part of world Singapore and Honk Kong have achieved similar levels of economic activity in a very short span of time. It seems the Gujarat investors are returning to real-estate business after an interval. Many of them are now eyeing fresh projects to put their money in. The growing demand of real-estate brokers tells it all. In the present day, as the infrastructural development is at its peak, the real-estate sector in the state witness a steady growth. Property developers in state offer high-end flats and bungalows to locals as well as non-resident Indians. It is a known fact that the NRIs are one of the major investors in Gujarat residential property and this makes the real-estate developers focus on luring them in foreign investment. Gujarat, a word derived from Gurjar tribe’s living room on the bank of Sabarmati. Today the water of Sabarmati spreads in different areas of the world in the form of entrepreneurs, businessmen, political leaders and even space scientist too. Two precious things it has: its people and its culture. And Gujarat is enriched with both of these things. The ancient history of India clearly indicates the greatest leaders of all time that this great western most state has produced. The state has been successful in maintaining double digit GDP with its rich culture. It can as well as contributes towards accelerating the economy of the entire nation, as it has done in the last decade. Growth has always been an aspiration for Gujarat is their catalyst nature is already a patent formula, which has brought in three very important elements.

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