 The Government of India in 2020 established the International Financial Services Centre's authority, IFSEA, as a unified authority for development and regulation of international financial services centres in India. From October 2020, IFSEA has been spearheading the development of the gift IFSEA. The IFSEA tower with a built-up area of 3,00,000 square feet spread across 27 floors is envisaged to be iconic, efficient and sustainable with best-in-class modern amenities. It is planned to be a platinum-rated green building and will provide a glorious 360-degree panoramic view. Once operational in July 2024, the IFSEA tower will symbolise the growth and aspirations of new and atmanirbhar Bharat.