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Joined: 21 Feb 2008 Posts: 5364 Location: Gaithersburg, MD, U.S.A.
Posted: Tue May 25, 2010 12:08 pm Post subject: Gujarat International Finance Tec-City or GIFT
Gujarat International Finance Tec-City or GIFT is an under-construction
city in the Indian state of Gujarat. It will be built on 2.0 km2 land. Its main purpose is to provide high quality physical infrastructure (electricity, water, gas, district cooling, roads, telecoms and broadband), so that finance and tech firms can relocate their operations there from Mumbai, Bangalore, Gurgaon etc. where infrastructure is either very bad or very expensive.
It will have a special economic zone (SEZ), international education zone, integrated townships, an entertainment zone, hotels, a convention center, an international techno park, Software Technology Parks of India (STPI) units, shopping malls, stock exchanges and service units.
To develop and implement the Project, Government of Gujarat (GOG) through its undertaking Gujarat Urban Development Company Limited (GUDCOL) and Infrastructure Leasing & Financial Services (IL&FS) have established a Joint Venture Company, "Gujarat International Finance Tec-City Company Limited" (GIFTCL).
GIFTCL proposes to implement GIFT as a globally benchmarked International Finance City with an eventual built on area of 7,900,000 m2. The company plans to develop, finance, implement all infrastructure in and around GIFT on a turnkey basis to ensure that all conceivable services in relation to connectivity, communication, technology, security, services for quality of life etc. are established and sustained.
The 1000MW electricity supply is planned to be 99.999% reliable (about 5.3 minutes of outage per year)
. GIFT's power grid will be designed by ABB Group of Switzerland. All the electricity cables will be underground. Hong Kong Electric Company is 99.998% reliable since 1998.
Natural Gas will be distributed to every house and building via pipes, which is cheaper and safer than cylinders.
Gas supply to the city will be made from the existing gas network of GSPL, the state own company for gas transmission pipelines. Piped natural gas is already in distribution in the nearby cities of Ahmedabad and Gandhinagar.
GIFT will have a centralized AC system, called District Cooling which is cheaper to run and uses less electricity.
GIFT is being designed as a hub for the global finance services industry. The Project design has benefited greatly from the inputs of a large number of domestic and international experts who have had an opportunity to determine the key needs of Companies in the financial services space. More particularly, connectivity, infrastructure and transportation access have been integrated into the design of the city. An attractive pricing strategy is also being developed to ensure that it is a fraction of the cost that is ordinarily incurred in other Indian and global finance cities.
1. Diamond Tower The tallest tower is located in splendid isolation on the beautiful Fortune Island surrounded by beautiful landscape. The Diamond Tower symbolizes Gujarats flourishing diamond industry. Designed to portray the elegant edges of diamond facets, each floor of the tower is different and yet uniquely forming one large diamond.
Plot Area (Sq.Mt) 28,628
Total Area(Sq.Ft) 4,286,056
Above Ground 2,721,372
Below Ground 1,564,684
Max. Height (in meter) 410
Max. No. Floors 84
2. The two Gateway Towers The tall archways of the Gateway Towers frame the majestic Diamond tower and create a picture perfect setting. Astride the main avenue of the city, the Gateway Towers have elaborate terrace gardens and rooftop restaurant. The Gateway Towers draw this design inspiration from Buland Darwaja and herald Indias arrival in the new millennium.
Plot Area (Sq.Mt) 39,864
Total Area(Sq.Ft) 7,682,282
Above Ground 5,356,978
Below Ground 1,827,624
Max. Height (in meter) 350
Max. No. Floors 83
3. Cocoon Tower (Package T)
A city within a city. One Big organism is what the design metaphorically represents. The design inculcates the notion of a micro system existing in the macro system. The analogy of human body with all its various system of substance the organs, blood vessels, breathing and metabolism system has been interpreted to device the system for the City Life Body of blocks.
Area 14.43 Acres
Height 220 m
Floor - 56
4. Naga Tower (package O) The Guardian of the city. Naga a powerful symbol in India finds a re-interpretation in these buildings. Truly a magnificent first in the world.
Area 10.6 Acres
Height 230 m
5. Convention Center It has several halls, auditorium and an opera with sitting capacity exceeding 10,000. Its design is inspired by Salt Crystals and Dandi March. It will also have Eight museums showcasing the history, art, culture and socio economic life of Gujarat.
Plot Area (Sq.Mt) 214,550
Total Area(Sq.Ft) 6,938,554
Above Ground 3,606,348
Below Ground 2,997,165
Max. Height (in meter) 65
Max. No. Floors 16
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