Preparations are in full swing to bring North India’s first Fintech City to life. The Yamuna Expressway Industrial Development Authority (YEIDA) will roll out a plot plan for Fintech City this October. This initiative aims to become a hub for financial institutions and related businesses, driving economic activities in the region.
Key Features of the Fintech City
Phased Development: The project will be developed in two phases, covering a total area of 1,000 acres. The first phase will span 500 acres.
Relocated Sector: Initially planned for Sector-13, Fintech City will now be developed in Sector-11.
Global Study: The development model draws inspiration from similar projects in Singapore, Dubai, and Gujarat’s GIFT City.
Benefits for Investors
No Separate License Required: Companies investing in Fintech City won’t need to obtain separate licenses, simplifying the process.
Special Facilities: The city will offer multiple special facilities, including benefits under the Foreign Direct Investment (FDI) policy.
Detailed Project Report Ready
The revised Detailed Project Report (DPR) for Fintech City has been completed, signaling a green light for the project’s next phases.
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