Somayya Madakam - Fellow Student: IT Applications Group National Institute of Industrial Engineering (NITIE) Vihar Lake: Mumbai, India
R Ramaswamy - Professor: IT Applications Group National Institute of Industrial Engineering (NITIE) Vihar Lake: Mumbai, India

The GIFT Smart City will be near 900 acres in size - less than a tenth of Dubai’s International Airport circa 8,500 acres. When we consider the size of this Smart City with the two most spoken upcoming Smart Cities in the world, Songdo (South Korea) and Masdar (UAE), are just about 1,500 acres each in size and larger than GIFT. This article will through light on the GIFT Smart City in detail of financial, geographical, political, economic and social perspective. More over this paper is also concentrating on GIFT Smart City business model. This emphasizes how the Internet of Things technologies are going to be deployed in the city for providing Quality of Life to citizens.

Gujarat International Financial Tech City, GIFT, Smart Cities, Internet of Things, IoT, Business Model