Well, its as confirmed as any such project would be before the start of construction.

The land is acquired, that can be visibly confirmed, the environmental clearances specifically mention buildings upto the height of 400m.

Cisco Systems who are providing the IT infra mention it in various press releases in the same breadth as the already part-functional Songdo in Korea as well as 7 other upcoming "Future Cities" in Saudi Arabia (4), Qatar (2) and China (1)

Click (http://www.fastcompany.com/magazine/142/the-new-new-urbanism.html?page=0%2C2)

Its also important to remember though, that to the Global Investor, this project means "India" rather than whichever region of the Country it may be in.

hmm what are the provisions if any to connect GIFt with say cities like mumbai etc

Early stage Metro plans propose a link between GIFT and Ahmedabad Airport, from where Mumbai for example is a 1hr flight whereas Delhi would be 90mins away.

Even without the Metro, by road, the journey from GIFT to the Airport, would mainly be on the NH8, which the site itself backs onto. The NH8 (Delhi-Mumbai) is in various stages of being 6 Laned, some sections such as Vadodara-Bharuch-Surat for example are done (apart from construction of a new bridge over Narmada River)

Also, as well as existing Expressway between Ahmedabad and Vadodara that is being widened, NHAI plans to build an Expressway between Vadodara and Mumbai which would drastically reduce travelling time by road.

Early stage Metro plans propose a link between GIFT and Ahmedabad Airport, from where Mumbai for example is a 1hr flight whereas Delhi would be 90mins away.

Even without the Metro, by road, the journey from GIFT to the Airport, would mainly be on the NH8, which the site itself backs onto. The NH8 (Delhi-Mumbai) is in various stages of being 6 Laned, some sections such as Vadodara-Bharuch-Surat for example are done (apart from construction of a new bridge over Narmada River)

Also, as well as existing Expressway between Ahmedabad and Vadodara that is being widened, NHAI plans to build an Expressway between Vadodara and Mumbai which would drastically reduce travelling time by road.

nice....

google maps shows 9 hours drive for 550 km of road. Hope its reduced to 6-7 hours by the express way.

I fully understand that the Indian government, the cussed "babus" are incompetent, slow, process-driven rather than result-driven. However some of these NGO's and other activist are just the same. They tend to protest just for the sake of protesting; opposing just for the sake of opposing.

you have no idea of corruption in NGOs. I know one who works (rather found) for a NGO. talking to him you wont feel that they work for the welfare but rather for his "corporation". As he sees me of belonging to the same class, he openly lays bare his ambition for this NGO. It is quite entertaining at times but I keep all my shock and laughter to myself. And I chuckle if tomorrow he finds his kids just like me (he wants his kids to emulate me) how much anguished he would be.

Any update??
On Indian skyscraper blog, i have found some words indicating that project is on it's way to get started...

Indian Skyscraper Blog has been dead for a year now.

Man who built Navi Mumbai is in Gujarat (http://timesofindia.indiatimes.com/city/ahmedabad/Man-who-built-Navi-Mumbai-is-in-Gujarat/articleshow/5598045.cms)

One of the most ambitious projects to get hit in the meltdown was Gujarat International Financial Tec-City (GIFT). With the tide turning, slowly but steadily, there is a sudden spurt of activity at the ground zero along Sabarmati in Gandhinagar. And, the man in command is the one who built Navi Mumbai, laid the Mumbai-Pune Expressway and built three international airports.

Having recently taken over as director in GIFT Company Ltd., RK Jha, 65, says with the kind of support he is getting from state government, people will start moving into GIFT by 2011-end. Already, civil work began on January 15. Work on basic infrastructure for road, water and sewage lines would be completed by the year-end and construction of buildings would commence in early 2011.

"While it will take 10 years to execute the entire project, certain pockets within GIFT area will come alive in two years," says Jha, who has over 44 years of professional experience, including a 25-year stint with City and Industrial Development Corporation of Maharashtra CIDCO’s New Town Development Authority of Navi Mumbai.

This is the first time that he is moving out of Mumbai and Ahmedabad has already left him impressed. "I have found the bureaucracy here very pro-active and the political leadership quite determined about the GIFT project," he says.

"There is a huge potential in GIFT, especially after the Dubai’s changing fortunes. GIFT will rival International Financial Centres (IFCs) in Dubai, Hong Kong and Mauritius. Many Mumbai-based corporates, who have space constraints, would like to move here," says Jha.

The plan, he says, is to provide state-of-the-art infrastructure in GIFT which will come under a special economic zone (SEZ). Eventually, by 2020, GIFT would accomodate about 40 lakh people, who would be staying in the surroundings of the central business district. Transportation would be a major challenge and the revised metro rail plan has incorporated GIFT along the route.

Excellent news! :cheers: But 2011?

^ The basic infra has to be first developed before any major construction activity takes place.

FWIW and another positive sign-

Government recruiters throng Cept (http://www.dnaindia.com/academy/report_government-recruiters-throng-cept_1345926)
Ahmedabad: A large number of government agencies are taking part in the placement of the Faculty of Planning and Public Policy at CEPT University this year as compared to only one government agency last year.

While recruiters from the Gujarat International Finance Tec City (GIFT) of the government of Gujarat offered five jobs on the first day of the placement on Monday, many more government agencies took part in the placement on Tuesday.

But this is the first step in Service sector and I hope it will get a good success in Services also.

Excellent news! :cheers: But 2011?

Dil ko Behlaane ke liya Ghalib ye khayal accha hai.

but lets see how far this goes. New Bombay architect being in GIFT is not really a news. The real news would be who will finance atleast $5 billion to start this off.

^^ Final completion date in 10 years from now. 2011 is when few roads and buildings would be ready.

Slightly longer version of the previously posted article was published on the epaper version of TOI

Link (http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Search&Key=TOIA/2010/02/21/3/Ar00301.xml&CollName=TOI_AHMEDABAD_ARCHIVE_2009&DOCID=132316&Keyword=%28%3Cmany%3E%3Cstem%3EGIFT%3Cand%3E%28%3Cmany%3E%3Cstem%3Egujarat%3Cphrase%3E%3Cmany%3E%3Cstem%3Einternational%29%29&skin=pastissues2&AppName=2&ViewMode=HTML&GZ=T)

Only important difference is that it includes the following detail regarding the work that has begun

Just last month, the state government initiated the work on GIFT city while readying the plots for ‘P’ and ‘Q’ blocks tagged the ‘living forests’. These buildings are a mix of residential, commercial and office space.

Whilst it doesnt necessarily mean that blocks P & Q will be the first ones built, building mixed use areas first would make sense, especially as areas P & Q are out on the periphery of the GIFT site and the designs of these two blocks are relatively less complex than other parts of the project.

http://img237.imageshack.us/img237/4008/25183511.jpg

http://img705.imageshack.us/img705/7184/75449516.png

http://img63.imageshack.us/img63/2702/58373397.png

http://img707.imageshack.us/img707/9338/14083914.png

http://img51.imageshack.us/img51/2121/72252186.png

Images taken from the official GIFT website

Jesus, it's quite an ambitious project. Hopefully everything gets built smoothly and in a timely manner.

^^ Final completion date in 10 years from now. 2011 is when few roads and buildings would be ready.

The article said people would be moving in by 2011.

The article said people would be moving in by 2011.

Come on, 2011?? Really :ohno:

Just try and think of how long it took to build the Bandra-Worli sealink. I know it was a more difficult project but from the time they announced it to completion.
What he may have meant is, some initial buildings, GIFT administrative etc may be completed and CISCO infra may get ready in some form.
Expect this to take a min of 10 years if not more. If it is really to rival Dubai.

I wish it does and pray to see that day soon

http://giftgujarat.in/pdf/GIFT3.pdf

http://giftgujarat.in/pdf/FEB-21-2010-SundayTimes.pdf

http://giftgujarat.in/pdf/22nd-2010-EconomicsTimes.pdf

Looks like it is in full Swing!:)

Come on, 2011?? Really Don't forget this is in the wasteland and far from the City. That will make things little easier. Also it is in Gujarat! ;)

Guys, I have emailed GIFT office and I am waiting for their reply. I told them that we would like to get more information regarding this project and when will it start.

Ok, ppl... there seems to be a lot of confusion, let me try and summarise the dates and time-scales that have been stated in the articles to try and clear some of this up:


Jan 2010: Infra work confirmed to have started
Early 2011: Construction work due to start
Arnd 2020: Whole Project due to be completed

Lets not forget that this is a project that as well as having many highrises, also has a vast number of small and simple buildings (esp in Block P)

All things considered, I dont see why certain quarters seem to think its so inconceivable that a couple of buildings may be built and functional by the end of 2011 (note: "buildings", not skyscrapers!)

Its obvious that whatever they are talking about, its by no means going to be the larger structures such as Diamond Tower or Gateway Towers etc that are done by that date.

Hi Guys,

I had emailed an associate yesterday and today I have received quick respond back from Vipul Jiyani(AGM) who is involved in GIFT project. Modi rules... :nocrook: You get a respond right away.. we don't have to wait for months to get a reply back. I wish Modi was our CM a while ago.. we would have entire IT Industry in Gujarat instead of South India. Kesu Patel was a jerk he slept when he was a CM and gained weight.
--------------------------------------------------------------------------
Dear Sir,

Thank you for showing interest in GIFT. We are currently at the project development stage. The current status of the project is as under :-

Land has been allotted;

- Term sheet has been executed with anchor investor for development of two building packages;
- Formal approval for multi service Special Economic Zone received from Ministry of Commerce, Government of India;
- Master Planning and Concept design has been undertaken;
- Detailed proposal for external connectivity (by road) has been completed in consultation with Roads & Building Department. For other external connectivity viz Bus Rapid Transit System (BRTS) and Metro Rapid Transit System (MRTS), detailed discussions are in progress with Ahmedabad Municipal Corporation (AMC) and Gujarat Infrastructure Development Board (GIDB) respectively.
- Other important studies viz. Market Assessment study, Talent Assessment and Skill Set Analysis study have been completed;
- GUDC is designated as Area Development Authority for the GIFT Project;
- In principle approval received from SSNNL for allotment of domestic water;
- Partnership MoU has been signed with CISCO for Operationalizing GIFT ICT;
- Fencing of the project site and access to the site has been provided by construction of peripheral earthen roads;
- Major approvals viz. Environmental Clearance for the Project and height clearance for part of Phase-1 has been received;
- Construction activities at site viz leveling and dressing have been initiated;
Phase-1 is expected to commence in the later part of this year and would be completed in 3-5 years. Subsequent phases would be implemented thereafter.


Please feel free to contact me should you have any further queries.

Best Regards,

Vipul Jiyani.
AGM

GIFT – 3rd Floor,
A – Khanij bhavan, University Ground,
132 ft. Ring Road, Vastrapur. Ahmedabad – 380052
Tel.: + 91-79- 27912411 / 27912518 Fax : + 91-79- 27912516
Email: vipul.jiyani@giftgujarat.in Website: www.giftguajrat.in

gained WAIT??? :rofl:

gained WAIT??? :rofl:


My bad.. Weight.. not wait. :lol: Some times you know how it is?:weird:When you are trying to work and post at the same time. :nuts:

any updates????or it will rest just on papers???

any updates????or it will rest just on papers???

Following email was received and I am trying get him to send me some ground breaking pics.


Dear Sir,

Thank you for showing interest in GIFT. We are currently at the project development stage. The current status of the project is as under :-

Land has been allotted;

- Term sheet has been executed with anchor investor for development of two building packages;
- Formal approval for multi service Special Economic Zone received from Ministry of Commerce, Government of India;
- Master Planning and Concept design has been undertaken;
- Detailed proposal for external connectivity (by road) has been completed in consultation with Roads & Building Department. For other external connectivity viz Bus Rapid Transit System (BRTS) and Metro Rapid Transit System (MRTS), detailed discussions are in progress with Ahmedabad Municipal Corporation (AMC) and Gujarat Infrastructure Development Board (GIDB) respectively.
- Other important studies viz. Market Assessment study, Talent Assessment and Skill Set Analysis study have been completed;
- GUDC is designated as Area Development Authority for the GIFT Project;
- In principle approval received from SSNNL for allotment of domestic water;
- Partnership MoU has been signed with CISCO for Operationalizing GIFT ICT;
- Fencing of the project site and access to the site has been provided by construction of peripheral earthen roads;
- Major approvals viz. Environmental Clearance for the Project and height clearance for part of Phase-1 has been received;
- Construction activities at site viz leveling and dressing have been initiated;
Phase-1 is expected to commence in the later part of this year and would be completed in 3-5 years. Subsequent phases would be implemented thereafter.


Please feel free to contact me should you have any further queries.

Best Regards,

Vipul Jiyani.
AGM

GIFT – 3rd Floor,
A – Khanij bhavan, University Ground,
132 ft. Ring Road, Vastrapur. Ahmedabad – 380052
Tel.: + 91-79- 27912411 / 27912518 Fax : + 91-79- 27912516
Email: vipul.jiyani@giftgujarat.in Website: www.giftguajrat.in

At the recent CTBUH conference, there was a presentation on GIFT that can be seen here (http://www.ctbuh.org/LinkClick.aspx?fileticket=rXHAZ5BUx9Y%3d&tabid=1417&language=en-US) (some images didnt show up for me, dont know if that will be the case for everyone)

Anyway, most of it is the same old spiel, but there is new info regarding the initial development, including confirmation of that the first areas to be built, as suspected, will be Block Packages P & Q

http://img88.imageshack.us/img88/8814/phase1.png

Just for clearer perspective, heres the official block package map
http://img51.imageshack.us/img51/9869/packageshm4.jpg

http://img85.imageshack.us/img85/673/activityschedule.png

http://img59.imageshack.us/img59/827/statusc.png

Some images weren't showing up for me either.

Latest Digitalglobe imagery taken on 5th April 2010 has captured part of the GIFT site, but sadly not all of the Northern part, which is the area we are most interested in.

Have tried to align it as much as possible with the older image to make it easier to compare.

17Jan2010
http://img687.imageshack.us/img687/7995/siteprep.png 05Apr2010

In my opinion, this shows that groundwork is going on in the region of Block Package B, also within Phase I


However, hopefully they take some images of the whole site sometime soon, or actual site-pics become available so that this can be properly confirmed.

The GIFT that is yet to happen... If ever (http://www.business-standard.com/india/news/the-gift-that-is-yet-to-happen-if-ever/390937/)

The Gujarat International Finance Tec-City project in near-coma

It was once seen as Gujarat Chief Minister Narendra Modi’s reply to then counterpart Vilasrao Deshmukh’s plans for a finance city in Mumbai.

But, three years and over 50 memoranda of understanding (MoUs) later, the much-hyped Rs 73,000-crore Gujarat International Finance Tec-City (GIFT) project, that was to come up near Gandhinagar, the state capital, remains largely on paper. The aim was to place the proposed city alongside the global financial hubs of Tokyo, Shanghai and so on.

Most of the MoUs have expired. And, land for the glitzy project (about 550 acres in the first phase) has yet to even be transferred by the state government to GIFT Ltd.

Around 250 acres of the project was to be a multi-services special economic zone (SEZ). This has yet to get going, due to land transfer issues.

Meanwhile, GIFT, a 50:50 joint venture (JV) between Infrastructure Leasing & Financial Services Ltd (IL&FS) and the state-owned Gujarat Urban Development Corporation (GUDC), has approached the state government seeking Rs 2,000 crore of financial assistance for basic infrastructure, said sources.

Asked to comment, a Gujarat government spokesperson said GIFT executives were in the best position to explain. When asked, a senior official at GIFT admitted the MoUs were no longer valid and they would have to look for fresh clients, preferably overseas. He also said, “We are hopeful of making some headway in the project very soon and the Dubai problem could work to our advantage”.

Adding, when asked about the company’s future plans, “We have started initial groundwork at the site and would be in a position to have a start-up office in six months to a year”.

The company has spent over Rs 230 crore, most of which has gone for various consultancy services, according to its financial results for 2007-08 and 2008-09.

Some subsidiaries of IL&FS are also consultants for the project. GIFT has also floated half a dozen fully owned subsidiaries for various sub-projects like water, solid-waste management and so on.

The cost of the project, estimated at Rs 17,000-18,000 crore when initially conceived, had since escalated to over Rs 70,000 crore, sources claimed.

Interestingly there is a statement in the agreement between the state government and IL&FS that if the government does not approve any project report and if the project is affected and not implemented due to this, then any money spent on it would be refunded by the government, said sources privy to the development.

The project also envisaged setting up a 400-metre ‘diamond tower’, billed as the tallest building in the country, with about 100 storeys.


NOT SO VIBRANT

# February 2007: IL&FS signs MoU with Gujarat government for setting up a finance city, soon after Vibrant Gujarat summit. Urban development department issues General Resolution for JV between IL&FS and GUDC. GIFT was to be monitored by a committee headed by an official of chief secretary level as per a state government resolution issued in February 2007. The committee is yet to be formed.

# May 2007: JV signed between IL&FS and Gujarat government through GUDC.

# June 2007: GIFT was incorporated as 50:50 JV between IL&FS and GUDC.


GIFT’s earlier project reports show that about 125 buildings spread around 70 million sq feet would come up in a period of time. The entire project is yet to get approval from the Airports Authority of India for high-rise buildings, sources said. In fact, GIFT was yet to even prepare the detailed design, sources added.

Among the companies which had signed the initial MOUs were ICICI Bank, the Kotak group, Institute of Chartered Accountants of India, IBM, Dubai Stock Exchange, DLF, Unitech, Shapoorji Pallonji, Godrej Group, State Bank of India, Union Bank of India, the Chase group, Essar and Galaxy Infrastructure have signed MoUs in the past.

Incidentally, the land in question, spread over four villages, including Shahpur and Lavarpur, had earlier been shown to Indian Institute of Technology, Powai, for setting up a satellite centre in Gujarat. “On seeing this vast spread of land, the director of IIT Powai had envisaged interest in setting up a full-fledged campus here,” said an official privy to the development.

The idea later fell through.

I think anyone with a relative degree of intelligence should be able to read through this thread and spot the errors and manipulations of detail within this typically neutral and unbiased *cough* article.

General summary seems to be that because it hasnt happened yet, its not going to happen. Only a fleeting reference to Dubai gives a nod to the global economic crisis that is the simple and clear answer to all the delays.

Read the direct quotes from the GIFT Official in isolation from the writers conjecture and the difference in tone is clear. Similarly, they clearly "forgot" to mention that the IIT project was shifted away from this site because GIFT was given priority over it.

Calling this Narendra Modis idea in the 2nd line and using terms like "Not so Vibrant" clearly show that this "article" is not much more than a political dig.

Another rendering I cam accross for beloved never to happen GIFT. :)

http://www.archdaily.com/wp-content/uploads/2009/05/609553335_04-437x450.jpg

Always a pleasure to have your inputs and super-cool post icons here 'stani.

Anyway... a couple of snippets covering the same investment news regarding Fortune Park Hotels, a subsidiary of Gandhinagar Hotels Ltd.

Fortune Hotels scouts Vadodara, Rajkot, Gandhidham for Hospitality Projects (http://www.business-standard.com/india/news/fortune-hotels-scouts-vadodara-rajkot-gandhidham-for-hospitality-projects/389484/)

Gandhinagar Hotels Limited is also planning to invest Rs 80-90 crore for a budget hotel in the Gujarat International Finance Tec-City (GIFT). "We have applied for a 250-rooms budget hotel at the upcoming GIFT City. However, things have not finalised yet," Joshi added.

Fortune Park seeks Hotel Space in Gujarat towns (http://sify.com/finance/fortune-park-seeks-hotel-space-in-gujarat-towns-news-default-kdytacfcacf.html)

The company is also planning to invest between Rs.80-100 crore in a hotel in the Gujarat International Finance Tec (GIFT) city being set up by the state government near Gandhinagar.

^^ sure thing dude. no sweat. likewise. :)

An articel from wall street mentions GIFT:

http://online.wsj.com/article/SB10001424052702304561304575153154130915506.html?mod=WSJ_latestheadlines

But it is as an administrator that Mr. Modi has earned his reputation. Over the past eight years, Gujarat's GDP has grown at a tigerish double digit rate. The state is bursting with malls and multiplexes, freshly surfaced roads and private ports. Outside Ahmedabad a new city, Gujarat International Finance Tec-City (GIFT), is rising as a thinly veiled threat to India's hopelessly misgoverned financial capital, Mumbai, in neighboring Maharashtra. Even in the hinterland of Gujarat, power cuts come only rarely.

Needless to say, article was very "impartial" in nature.

An articel from wall street mentions GIFT:

http://online.wsj.com/article/SB10001424052702304561304575153154130915506.html?mod=WSJ_latestheadlines

But it is as an administrator that Mr. Modi has earned his reputation. Over the past eight years, Gujarat's GDP has grown at a tigerish double digit rate. The state is bursting with malls and multiplexes, freshly surfaced roads and private ports. Outside Ahmedabad a new city, Gujarat International Finance Tec-City (GIFT), is rising as a thinly veiled threat to India's hopelessly misgoverned financial capital, Mumbai, in neighboring Maharashtra. Even in the hinterland of Gujarat, power cuts come only rarely.

Needless to say, article was very "impartial" in nature.

Do you have access to the whole article? The public version just says about the hearing.

The only thing in that article related to GIFT project is above paragraph. Link is given for the rest of it. I don't see anything else relevent in this thread so lets not discuss it here.

Anyways I have a friend in Ahmadabad, will try to have him a trip to the area and see whats happening on the ground.

Another rendering I cam accross for beloved never to happen GIFT. :)

http://www.archdaily.com/wp-content/uploads/2009/05/609553335_04-437x450.jpg

Nice find.

Has any iformation about Ecopolis got public yet?
Does anybody have any idea about the project. It looks like a big town planning chalkout.

http://giftgujarat.in/images/locationarea2.jpg

Truly amazing project, Yedurappa needs to learn something from Narendra Modi.

^^
Bangalore has done quite a thing in the past, Ahmedabad-gandhinagar is just catching up.

so has the project been kicked off or what?

guys if anyone has any updates
please share it with everyone

questions: will the buildings for this project be built at once? or will they do them by phases.

buildings will be done in phases
and they are saying it will take 10 years to complete the entire project
details can be found about the phases somewhere in this thread

Probably more than 10.

And this project has not started yet.

i will not say it has not started
there has been activity near Gandhinagar
basic infrastructure like pipelines and road constructions has started (based on some articles i read in news in march 2010).

But yeah i agree even if they say 10 years i m sure it will take more than that
but atleast plans are being converted into reality is a big step

Old News but motivating....lots of work is going on and the project is due for 2020...

clicky (http://giftgujarat.in/pdf/GIFT3.pdf)

http://www.dnaindia.com/money/report_ahmedabad-stock-exchange-turns-116-may-hum-with-life-again_1390027

anything yet?

Dude, if there was anything, it would be posted here already.

Do you really think this will be built by 2020? By all means, this is a HUGE project. I eagerly await to see this become reality. I really hope that they finish this project on time/ early. Does Gujarat have a problem with corruption? I've heard the state has made progress with infrastructure since 2008.

I will try to reach out to GIFT employees once again regarding the updates :bash:

^^ May have found something, pic labelled as Raysan (opposite side of Sabarmati from GIFT) and uploaded on 30 may (no idea when it was taken tho)

Seems to show some of the rudimentary marking out we were already aware of, but most importantly, at least there are also signs of life, its def not an abandoned project site.

http://img266.imageshack.us/img266/1975/22879515.jpg (http://img266.imageshack.us/i/22879515.jpg/)

Large version (can see more details) Click (http://img714.imageshack.us/img714/1975/22879515.jpg)

Can use this satellite image (April 5th) to orientate, pathway on riverbed and deep hole behind truck (filled with water on satellite) are easiest landmarks.

http://img190.imageshack.us/img190/7492/20100405sitesmallversio.png (http://img190.imageshack.us/i/20100405sitesmallversio.png/)

Looks like this project may either be in for a long delay or it might be completely scrapped. Sucks!

http://www.livemint.com/2010/08/13212710/Gujarat8217s-dream-project.html?atype=tp

Well, the MOUs elapsing is not new information, that happened during during the global financial slowdown and in many ways wasnt unexpected given the wider economic situation. The next Vibrant Gujarat summit in January will be the real opportunity to see whether this project can literally rewind 2years and garner the same level of attention it did at the 09 summit. Its not as though the desperate need for an IFC in India has really diminished in the meantime.

Also, I dont really think there is much to read into land transfer from fully govt controlled GUDC and partly govt controlled GIFTCL. If it was a completely private sector project that the state govt was holding onto the land for, it would be a different matter. It makes good sense for the Govt to hold onto the land whilst their private partners get their act together. If the project is scrapped, the land will go back into Govt hands anyway, so why get ahead of themselves with progress in a stagnant state as it is?

Its not the rationale of the project that has proven to be shaky, its obviously the private sector partner IL&FS, that have been the weak link in the project so far - which is understandable given the financial environment recently. Interesting to note though, that they have recently tied up with Saudi Arabian biggies, the Saudi Bin-Laden Group (SBG) to inject cash into scandal-hit Maytas which would operate as a medium for the Bin-Laden Group to enter the Indian market.

As this (http://business.rediff.com/report/2010/jun/28/ilfs-and-maytas-set-for-global-play-with-binladin.htm) article suggests, GIFT could be on the radar for the "new" Maytas (IL&FS + SBG)

Uncle Sams GIFT to Modi (http://timesofindia.indiatimes.com/city/ahmedabad/Uncle-Sams-GIFT-to-Modi/articleshow/6313020.cms)

A Congress hand is helping Narendra Modi build his most ambitious project. Sam Pitroda, 68, is advising the team executing Gujarat International Financial Tec-City, or GIFT City, on information technology infrastructure.

GIFT City on the outskirts of Ahmedabad and Gandhinagar will be pitched as a financial hub which could rival Dubai and Hong Kong. The project, delayed because of troubles in the financial world, is expected to be the centre-piece of Vibrant Gujarat 2011 in January.

Pitroda, who currently serves as advisor to Prime MinisterManmohan Singh on public information infrastructure and innovations, is a known Congress aide credited with having laid the foundation for India's technology and telecommunication revolution in the 1980s under prime ministers Indira and Rajiv Gandhi.

A Gujarati, Pitroda was born in Orissa but studied at Vallabh Vidyanagar and Vadodara. "I am not formally associated with the project. I have few friends there and I am just trying to help them set up IT infrastructure," Pitroda told TOI over phone from the US. Incidentally, ICICI Bank, which is one of the major anchors in GIFT, is also a client of Pitroda's Chicago-headquartered company, C-Sam Inc. Officially, British Telecom is the associate for ICT (Information, Communication and Technology) advisory services for GIFT. But, Pitroda's inputs are being taken to build GIFT's data centre, by far the largest in the country. The data centres will be built on industry specific platforms equipped with city e-portals, IPTV and internet gateway.

Government officials here say Pitroda's clout — he holds close to 100 worldwide patents — will also help GIFT get good end-users. "Given Pitroda's stature, financial companies across the world will believe him when he says GIFT is worth investing in," an official said.

GIFT will be positioned to cater to India's large financial services potential by offering global firms a world-class infrastructure and facilities. Preliminary work has already started at the project site along Sabarmati in Gandhinagar. Already, national financial institutions like ICICI and SBI have shown interest in setting up operations here — around 10 million square feet space will be created in the first phase.

The project is being jointly developed by Gujarat Urban Development Company Limited, a state government agency and Infrastructure Leasing and Financial Services Ltd.


Good to know that ICICI are reportedly interested in GIFT as earlier reports were that they seemed intent on setting up their own premesis.

the Preliminary works to GIFT are in progress. the core works, like implementing buildings over the place will be starting from Jan-2011. i heard of some new rendering of the project. can somebody give me new rendering pictures??

^^^^ Let's hope that 2011 means 2011.

GIFT=DMIC=INDIA"S PROGRESS...they will come late but will surely come!!!

^^ the project will materialize for sure as Modi saab is behind the scene...

"A team from leading Indian brokerage Motilal Oswal Securities Ltd (MOSL) which visited Gujarat recently for a first-hand study of the progress..."

http://www.moneylife.in/article/8/8921.html

Very encouraging article :cheers:

Yes interesting views on all round development of Gujarat. Commendable work done...Keep it up GUJARAT:banana:

ILFS to begin construction of a multistorey at GIFT from Jan (http://ibnlive.in.com/generalnewsfeed/news/ilfs-to-begin-construction-of-a-multistorey-at-gift-from-jan/377062.html)

Infrastructure Leasing and Financial Services Ltd (IL&FS) will start constructing the first multi-storeyed building of state's proposed global financial hub - Gujarat International Finance Tech City - being developed on lines of markets in London, Shanghai or Tokyo. "IL&FS is slated to begin construction of the first multi-storeyed building of GIFT project from January next year," Gujarat International Finance Tec-City (GIFT)

Company Director R K Jha told PTI. "The company has proposed to invest close to Rs 400 crore towards developing first one million sq ft of space for this project," he said. GIFT, is designed to have a 400 ft tall around 100 storeyed building 'diamond tower' in the centre, over 90 buildings surrounding it, many of them above 100 ft in height, along the banks of Sabarmati in Gandhinagar. The project is being developed based on market demand assessment done by McKinsey&Company.

The state government through its agency Gujarat Urban Development Company (GUDC) and IL&FS have established a 50:50 joint venture company-GIFT-to develop and implement the project. IL&FS, which had put in Rs 200 crore as initial capital on formation of GIFT in 2007, has proposed to construct over 7 million sq ft of commercial and residential space in the multi-crore project. "Over 600 acres of waste land along Sabarmati river has been handed over to GUDC, for the development of SEZ which aims to promote international financial services in Gujarat quite similar to the markets in developed countries," Jha said.

Waiting boss.

more news on it i think it is becoming reality now :cheers:

Gujarat to offer incentives to attract investors to GIFT

Ahmedabad, Oct 5 (PTI) Gujarat government will offer incentives to attract global giants to the Gujarat International Finance Tech (GIFT) City-being developed on lines of markets in New York and London. The first phase construction of GIFT City, which has been conferred SEZ status by centre, has now been put on fast track after renewed global interest in the project. "A few world repute firms have expressed interest in the project. We will be inviting global bids by Diwali for setting up an international school, club, hospital and hotel at GIFT," Gujarat International Finance Tec-City (GIFT) Company Director R K Jha told PTI. "To encourage participation in this mega project we will be offering some sort of subsidy or soft loans for the social development projects," Jha said. The project that aims to catapult Gujarat into the global league is being developed by Gujarat International Finance Tec-City Company Ltd, a 50:50 joint venture between the state-run Gujarat Urban Development Company (GUDC) and IL&FS. Earlier, the state government had offered slew of incentives to Tata Motors, after it decided to relocate the Nano car project to Sanand in Gujarat from Singur. (MORE) PTI VKB PD ABC

source (http://ibnlive.in.com/generalnewsfeed/news/gujarat-to-offer-incentives-to-attract-investors-to-gift/380637.html)

any updates on this project? been a long time since ive been on this thread.

i want to know that if the project is completed ,will MCA's have any chance of job in this project.if yes then how many.

i want to know that if the project is completed ,will MCA's have any chance of job in this project.if yes then how many.

Hey Sunshine- There's a place for these kind of questions - NAUKRI.com!! You mind peddling your wares somewhere else???

Hey Sunshine- There's a place for these kind of questions - NAUKRI.com!! You mind peddling your wares somewhere else???

i just wanted to know,what kind of jobs it would offer.if you dont know then plese SHUT UP.others will help me out,rather than you.

i just wanted to know,what kind of jobs it would offer.if you dont know then plese SHUT UP.others will help me out,rather than you.

No one will help you - this isn't the forum for it. Stop trolling !!!

Vibrant Gujarat Global Business Summit 2011:Pre-Summit Events announced (http://gujaratmoney.com/2010/10/31/vibrant-gujarat-2011pre-summit-events-announced/)


Given below is information about pre-summit events that would take place before the Vibrant Gujarat Global Business Summit 2011.

November 2010
Textiles including Technical Textiles
Location: St Laurn Towers Hotel, Ahmedabad
Nodal Officer: Industries Commissioner
Partner Organization: CII, ATIRA & MANTRA
Date: 20th November 2010

Pharmaceutical
Location: St Laurn Towers Hotel, Ahmedabad
Nodal Officer: Commissioner FDCA
Partner Organization: IDMA & CII
Date: 27th November 2010

December 2010
Tourism
Location: Courtyard Marriott Hotel, Ahmedabad
Nodal Officer: Secretary, Tourism
Partner Organization: FICCI
Date: 6th December 2010

Agro & Food Processing
Location: AMA Auditorium Ahmedabad
Nodal Officer: P S (Agriculture & Co-operation), GAIC
Partner Organization: CII
Date: 8th December 2010

Healthcare
Location:PDPU Auditorium (Hall), Ahmedabad
Nodal Officer: Commissioner of Health
Partner Organization: FICCI
Date: 14th December 2010

Mineral based Industries
Location: St Laurn Towers Ahmedabad
Nodal Officer: CGM, MD-GMDC
Partner Organization: CII
Date: 16thDecember 2010

Chemicals and Petrochemicals
Location: Nirma University, SG High way, Ahmedabad
Nodal Officer: Industries Commissioner
Partner Organization: Gujarat Chemical Association
Date: 17th- 18thDecember 2010

IT
Location: The Grand Bhagwati Hotel, Ahmedabad
Nodal Officer: PS(S&T)
Partner Organization:NASSCOM/MAIT/GIL
Date: 20th December 2010

BT
Nodal Officer: GSBTM
Partner Organization: ABLE
Date: 22th December 2010

January 2011
Water Seminar
Sectoral Seminar: Water Seminar – Gujarat Water Summit
Nodal Officer: PS(Water Resources)
Partner Organization: CII
Date: 3rd January 2011

Conference & Exhibition on Gems & Jwellary (Sparkle 2011)
Sectoral Seminar: Exhibition, Artisans Village, Tourism Expo, Food Festival and Cultural Shows, Conference
Location: Surat International Exhibition & Convention Center, Surat
Nodal Officer: Industries Commissioner
Partner Organization: SGCC&I
Date: 6 th – 9 th January 2011

During the summit: 12th & 13th January 2011
Oil and Gas and Power
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: MD, GSPC and MD, GUVNL
Partner Organization: CII
Date: 12th January 2011 (afternoon)

Engineering & Auto
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: Industries Commissioner
Partner Organization: CII
Date: 12th January 2011 (afternoon)

SIR, SEZs, Industrial Parks, Logistic Parks
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: CEO, GIDB
Partner Organization: ASSOCHAM
Date: 12th January 2011 (afternoon)

Round Table on SME-CBC/EDI
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: CBC/EDI
Partner Organization: CII
Date: 12th January 2011 (afternoon)

Financial Services
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: GIFT
Partner Organization: CII, IL&FS
Date: 13th January 2011 (forenoon)

Urban Development
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: PS(UDD), CEO-GUDC
Partner Organization: CII
Date: 13th January 2011 (forenoon)

Ports, ship building and related activities
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: VC & CEO, GMB
Partner Organization: CII
Date: 13th January 2011 (forenoon)

SME Convention
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: VC & MD, GIDC
Partner Organization: CII, GCC&I, FIA & Others
Date: 13th January 2011 (10:00 hrs – 13:00 hrs)

Rural Development
Location: Mahatma Mandir, Gandhinagar
Nodal Officer: Commissioner and PS
Rural Development
Date: 13th January 2011 (afternoon)

Schedule for Discussion Forum/Panel Discussion

Sr. No. Sector Type Time Partner Venue Co-Partner
10th January 2011
1 Emerging Geographies Discussion Forum 10:00 hrs-12:00 hrs CII IIM Campus IIM
2 Human Development Index Panel Discussion 15:00 hrs-17:00 hrs CII PDPU Campus PDPU
3 Rurbanization – Changing face of Modern India Panel Discussion 18:00 hrs-20:00 hrs FICCI AMA Campus AMA
11th January 2011
4 Clean Energy Discussion Forum 10:00 hrs-12:00 hrs FICCI PDPU Campus PDPU
5 Industry-responsive Skill Development Panel Discussion 10:00 hrs-12:00 hrs CII AMA Campus AMA
6 Good Governance Discussion Forum 18:00 hrs-20:00 hrs ASSOCHAM GNLU Campus GNLU (Law Univ.)

No one will help you - this isn't the forum for it. Stop trolling !!!

i didn't asked you.surely,someone will help me.if every one starts thinking like you then what will be the difference between human being and animal.and then whats is the problem in asking such a question.it is related to the project.

i didn't asked you.surely,someone will help me.if every one starts thinking like you then what will be the difference between human being and animal.and then whats is the problem in asking such a question.it is related to the project.

HATE feeding in to this troll - but some people are so thick it makes the Great Wall of China seem slim by comparison!!:lol:

i want to know that if the project is completed ,will MCA's have any chance of job in this project.if yes then how many.

I doubt anyone can tell you how many jobs and what kind of jobs are available other than the companies that will set up there. So i guess the best place to ask the question might be in Chaibar. Maybe someone there might know which company is going to get set up there and what not. But yea since we are still in the initial stages and we dont know if they have started to make buildings yet we cant say for sure. Wait a few years and you will find out yourself.

i want to know that if the project is completed ,will MCA's have any chance of job in this project.if yes then how many.

This project is most certainly not completed, not even under construction yet.

I doubt anyone can tell you how many jobs and what kind of jobs are available other than the companies that will set up there. So i guess the best place to ask the question might be in Chaibar. Maybe someone there might know which company is going to get set up there and what not. But yea since we are still in the initial stages and we dont know if they have started to make buildings yet we cant say for sure. Wait a few years and you will find out yourself.

Thanks for your reply.wish the project work starts soooooonnnnn.....

This project is most certainly not completed, not even under construction yet.

Thanks for the reply.

HATE feeding in to this troll - but some people are so thick it makes the Great Wall of China seem slim by comparison!!:lol:

Yaa surely some peoples are very thick just like you.anyways i dont want any of your advice,and look i have won.two of my friends have responded me,and that too politely.not like you,you chip,go to hellllllllll forever.

****REPLY from GIFT authority in Sept 2010, not sure of latest**************

Dear Sir,

Thank you for showing interest in GIFT. The entire Project is planned to be implemented in 3 phases over a 10 year period and the construction will start from Jan 2011. At present, we are detailing Phase-1 of the Project and it would tentatively cover Commercial, Special Economic Zone (SEZ), Residential and Social Facilities (International School / Club / Hotel / Hospital).

The current status of the project is as under :-

* Land has been allotted;
* Term sheet has been executed with anchor investor for development of two building packages;
* Formal approval for multi service Special Economic Zone received from Ministry of Commerce, Government of India;
* Master Planning and Concept design has been undertaken;
* Detailed proposal for external connectivity (by road) has been completed in consultation with Roads & Building Department. For other external connectivity viz Bus Rapid Transit System (BRTS) and Metro Rapid Transit System (MRTS), detailed discussions are in progress with Ahmedabad Municipal Corporation (AMC) and Gujarat Infrastructure Development Board (GIDB) respectively.
* Other important studies viz. Market Assessment study, Talent Assessment and Skill Set Analysis study have been completed;
* GUDC is designated as Area Development Authority for the GIFT Project;
* In principle approval received from SSNNL for allotment of domestic water;
* Partnership MoU has been signed with CISCO for Operationalizing GIFT ICT;
* Fencing of the project site and access to the site has been provided by construction of peripheral earthen roads;
* Major approvals viz. Environmental Clearance for the Project and height clearance for part of Phase-1 has been received;
* Construction activities at site viz leveling and dressing have been initiated;
* Phase-1 is expected to commence in the later part of this year and would be completed in 3-5 years. Subsequent phases would be implemented thereafter.

For the phase-1, we will be coming out with the pricing and process of booking in the coming months and would keep you updated on the same. If you are interested in associating with GIFT in any form then we would request you to provide your requirement in detail, as it would help us to assist you in the right way.

Please feel free to contact me should you have any further queries.

Thanking you

^^ Looks like a copy-paste deal he sent to you from an earlier mail I plucked from this forum!! :D
Still - most of the elements of the mail itself look consistent - which is good news IMO!!


Hi Guys,

I had emailed an associate yesterday and today I have received quick respond back from Vipul Jiyani(AGM) who is involved in GIFT project. Modi rules... :nocrook: You get a respond right away.. we don't have to wait for months to get a reply back. I wish Modi was our CM a while ago.. we would have entire IT Industry in Gujarat instead of South India. Kesu Patel was a jerk he slept when he was a CM and gained weight.
--------------------------------------------------------------------------
Dear Sir,

Thank you for showing interest in GIFT. We are currently at the project development stage. The current status of the project is as under :-

Land has been allotted;

- Term sheet has been executed with anchor investor for development of two building packages;
- Formal approval for multi service Special Economic Zone received from Ministry of Commerce, Government of India;
- Master Planning and Concept design has been undertaken;
- Detailed proposal for external connectivity (by road) has been completed in consultation with Roads & Building Department. For other external connectivity viz Bus Rapid Transit System (BRTS) and Metro Rapid Transit System (MRTS), detailed discussions are in progress with Ahmedabad Municipal Corporation (AMC) and Gujarat Infrastructure Development Board (GIDB) respectively.
- Other important studies viz. Market Assessment study, Talent Assessment and Skill Set Analysis study have been completed;
- GUDC is designated as Area Development Authority for the GIFT Project;
- In principle approval received from SSNNL for allotment of domestic water;
- Partnership MoU has been signed with CISCO for Operationalizing GIFT ICT;
- Fencing of the project site and access to the site has been provided by construction of peripheral earthen roads;
- Major approvals viz. Environmental Clearance for the Project and height clearance for part of Phase-1 has been received;
- Construction activities at site viz leveling and dressing have been initiated;
Phase-1 is expected to commence in the later part of this year and would be completed in 3-5 years. Subsequent phases would be implemented thereafter.


Please feel free to contact me should you have any further queries.

Best Regards,

Vipul Jiyani.
AGM

GIFT – 3rd Floor,
A – Khanij bhavan, University Ground,
132 ft. Ring Road, Vastrapur. Ahmedabad – 380052
Tel.: + 91-79- 27912411 / 27912518 Fax : + 91-79- 27912516
Email: vipul.jiyani@giftgujarat.in Website: www.giftguajrat.in

Anyone knows the quality of the hotels by these people? If they're legacy brick-and-mortar types - then I'm not sure on their capability to deliver modern structures that are in line with the GIFT's skyline.




Gandhinagar Hotels to seek land in GIFT City

Gandhinagar Hotels Ltd has announced that the Board of Directors of the Company at its meeting held on October 30, 2010, inter alia, has approved the proposal to approach Government of Gujarat for allotment of Land at GIFT City at Gandhinagar for Hotel and Tourism Industry. To implement the Project Major Vinodchandra P. Joshi - CMD and Mr. Pritish Joshi Jt. M.D. is authorized to do all necessary steps, including MOU to be signed with GOG or any reputed Brand of Hotel and Tourism Industry.

The Board have also decided to make study to establish Solar Farm or any other non conventional Renewable Energy. To implement the Project Major Vinodchandra P. Joshi - CMD and Mr. Pritish Joshi Jt. M.D. is authorized to do all necessary steps, including MOU to be signed with any agency.

The stock closed the day at Rs.192.70, down by Rs.4.60 or 2.33%. The stock hit an intraday high of Rs.206 and low of Rs.187.45.

The total traded quantity was 0.22 lakhs compared to 2 week average of 0.40 lakhs.


Source : Link (http://www.equitybulls.com/admin/news2006/news_det.asp?id=82883)

It's well know name in Gandhinagar. hotel haveli. but they are not at standard of GIFT. I see no chance of them getting land in GIFT.

Any news on the Mahatma mandir?
Its suppose to be ready for next Inverstor's summit.
Any one has progress report?

I came across an old acquaintance today who is currently working on GIFT project.

He told me, all the ground work is finished, and they will start the construction after the VGIS 2011, so that they can get more clients. There is no going back now.

We met for a short time, so could not fish out a lot of information.
But I guess better than nothing.

^^ Nice

Hopefully.

I came across an old acquaintance today who is currently working on GIFT project.

He told me, all the ground work is finished, and they will start the construction after the VGIS 2011, so that they can get more clients. There is no going back now.

We met for a short time, so could not fish out a lot of information.
But I guess better than nothing.



I see nothing in google maps that shows if anything his even happening on the ground. this is an old image of GIFT location:

Someone has added GIFT onto Wikimapia (http://wikimapia.org/#lat=23.15644&lon=72.685611&z=16&l=0&m=a&v=2).

This is the site of GIFT. Its also supposed to include the land around the river bed..
http://img338.imageshack.us/img338/6792/giftlocation2dp8.jpg



Comparing this with google map today- everything looks the same. nothing looks cleared or even different :(
what did he mean by "ground work"?

^^ Is google earth a totally reliable source compared to somebody on the ground? As far as i know it is not live satellite images being shown to you so it could be 6 months old. You never know.

^^ Is google earth a totally reliable source compared to somebody on the ground? As far as i know it is not live satellite images being shown to you so it could be 6 months old. You never know.

You could be right. Can anyone make out from this pic whether this is in fact some type of "Ground Work" or simply Arid Fields? This is captured from bing, and they recently updated their maps.

http://img340.imageshack.us/img340/3260/aaagq.jpg

^^ Yea it seems a bit hard to tell but i guess we will find out for sure if there is anything after the investors summit. It sux how there is not enough media coverage regarding this.

You could be right. Can anyone make out from this pic whether this is in fact some type of "Ground Work" or simply Arid Fields? This is captured from bing, and they recently updated their maps.



Google Earth imagery of that area is from October 2008, Bing must be pretty out of date too, the most recent satellite images ive been able to find are sourced through digitalglobe

Previous Post (http://www.skyscrapercity.com/showpost.php?p=54595935&postcount=529)

When I say "most recent", we're still talking about 7months ago, but it corroborates what the GIFT automated emails from the time said about the peripheral roads etc. Clearly more advanced than what you saw on Bing.

As with most things in Gujarat, the real situation will only become clear after January, any new information we get between now and then is a bonus.

It would make sense that new promotional material/renderings/vidoes etc will be produced, but wouldnt personally class that as "new" information.

The fundamentals that originally made GIFT such an exciting prospect are still applicable today, if anything, the relative position of Ahmedabad/Gujarat within India has only improved since the project was first announced.

got this from bhuvan (man that is one grainy image - bhuvan has a lot of work cut out in front of it. its no where near google earths clarity)
still - it does look like levelling work...

http://img826.imageshack.us/img826/6476/aaaakeu.jpg

Why do i get the feeling you didnt read my last post?

(or many of the other posts in the thread showing much more recent images)

Anyway...

as at 9th November

http://img32.imageshack.us/img32/6718/911gift.png

^^ I did read it : I posted Bhuvan's for posterity's sake : They do claim to update their images every year opposed to google!
Anyways- in your image - the area in the north east section - I can't make out exactly but there is a trough-like clearing on the sabarmati bend!! A road seems to run al along its periphery and then towards the north!! That about accurate?

There is no land work done as per the pics from Bhuvan or Google Earth. If the ground work was done or being done, won't we see heavy equipment and tracks on the fields?:banana:

GTU’s ‘GIFT’ Tailor-made MBA grads

The university will make changes to its MBA course specifically to meet manpower needs of Gujarat International Finance Tec (GIFT) City


The Gujarat Technological University (GTU) has decided to tweak its MBA and MCA programmes to meet manpower requirements of Gujarat International Finance Tec (GIFT) City, an ambitious ‘business district’ proposed in Gandhinagar.

According to an estimate, GIFT City, which will seek to be a hub for global financial services sector, will need workforce of more than 1 lakh. GTU wants to make sure that its students gain the most from this demand.

“Recently, we met officials executing this project and discussed what kind of talent they would seek,” the varsity’s vice-chancellor, Akshai Aggarwal, told Mirror. “Our aim is to churn out MBA and MCA graduates who have the skills demanded by the industry.”


http://www.ahmedabadmirror.com/article/2/201011182010111803092369939da873a/GTU%E2%80%99s-%E2%80%98GIFT%E2%80%99-Tailormade-MBA-grads.html

There is no land work done as per the pics from Bhuvan or Google Earth. If the ground work was done or being done, won't we see heavy equipment and tracks on the fields?:banana:

Like GJ10 said - most of the images are old. The real work began just a few months ago - so those developments won't show up in the public maps! If any SSC forumer haunts Ahmedabad or Gandhinagar and gets the time or opp to do a trip - very unlikely since this place is prepped in the middle of nowhere - ground updates may be slow to come!! :(

17 November 2010 (digitalglobe)

http://img823.imageshack.us/img823/8592/20101117.png

After a long time, a view that shows the whole GIFT-site.

Just a reminder, blocks P & Q will be the first two to be developed. (info in prev post) (http://www.skyscrapercity.com/showpost.php?p=54518731&postcount=527)

http://img811.imageshack.us/img811/9869/packageshm4.jpg

:eek:Oh man! This could soon be turning into a reality:banana:

:banana::banana::banana::banana::banana::banana::banana::dj::dj::dj::dj::dj::dj::bow::bow::bow::bow::rock::rock::rock::smug::smug:m)):carrot::carrot::carrot::gossip::gossip::bowtie::okay::colgate::nocrook::cool::righton::righton::righton::cheers1::cheers1::cheers1::naughty::naughty::eek2::eek2::runaway::scouserd::scouserd::scouserd::scouserd::scouserd::scouserd::scouserd::scouserd:
yo yo yo... today party....yo \m/

Awesome update !!!!
:cheers: :cheers:

^^ :lol: drinking is prohibited.

^^ Congress :bash:

@aks_sky Don't worry it's just non-alcoholic root beer :cheers: When will blocks P and Q be done?

I thought this project would be dead considering congress at center. Oh! My God cannot believe after all this our Modi's Vision.

Can't believe my eyes. This project is now one step away from being a reality.

BTW ,came across this recently added interesting PDF on "Emerging International Financial Services in India" on their website. This will be discussed in the Vibrant Gujarat 2011 meeting.
http://www.giftgujarat.in/Vibrant%20Seminar.pdf

WOWOWOW!! :banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance:

:banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::banana::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::pepper::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance::dance:

There's some emoticons you can use.

Modi my man! I only wish his image were not tainted by Godhra.

Seminar on “Emerging International Financial Services in India” January 13, 2011 (forenoon) at Gandhinagar.

http://www.giftgujarat.in/Vibrant%20Seminar.pdf

Gift provides rental relief to woo firms (http://www.ahmedabadmirror.com/article/2/2010121020101210031334720b2a1e22f/Gift-provides-rental-relief-to-woo-firms.html)

Office rentals at the financial district proposed near Gandhinagar have been reduced from Rs 100-150 sq ft to Rs 50-55 sq ft to increase the project’s appeal

The global economic meltdown took many firms away from Gujarat International Finance Tec (GIFT) City. However, planners of this ambitious ‘business district’ proposed near Gandhinagar have found a way to bring companies back: they have pared down office rentals from Rs 100-150 per sq ft to Rs 50-55 per sq ft.

The finance city project will be launched after the Vibrant Gujarat Summit in January next year

The step to make renting of space at GIFT City cheaper is expected to increase the appeal of the project among domestic companies as well as international ones, which were hit the hardest in the financial downturn. “In 2009, we fixed property rentals north of Rs 100 per sq ft. However, we have revised this figure,” a senior official associated with the project said.

Act I: office made cheaper

The official said that this had been done to attract more companies and to give India’s financial capital, Mumbai, some competition. “Many companies delayed their plans to book space at GIFT City following the financial crisis. The reduction in rentals will draw them back,” he said.

Act II: Project cost revised
In another significant move, state officials have revised the project cost estimate from Rs 63,000 crore to Rs 60,000 crore. An expert said that if GIFT had been announced this year, the estimate would have been Rs 80,000 crore.

The business district, which will seek to be a hub for global financial services sector, has been proposed on 673 acres of land. An official said that the project would be launched after the Vibrant Gujarat Global Investors’ Summit in January next year. Even during the summit, GIFT will be given prominence with a huge display (18 metres by 12 metres).

In the first phase, construction of 10 to 12 buildings will be started. This means nearly 1.2 million sq ft of space will be under development. Work in the summit, GIFT will be given prominence with a huge display (18 metres by 12 metres).

Work in the first phase is expected to end in 2013 and this will lead to creation of 1 lakh jobs. When Mirror contacted the director of GIFT City, Ramakant Jha, he confirmed that the project plan had been tweaked.

“We thought of making minor changes in the plan, and to our surprise, we managed to rationalise input cost by thousand of crores. This will help us save money and use it effectively at other places,” he said.

“We are also trying to give metros competition with our competitive rentals. At Bandra Kurla complex in Mumbai, for instance, rentals would be around Rs 400 per sq ft. Against this, one can find much better facilities at economical rates at GIFT City.”

GIFT city will be spread over 673 acres. About a dozen buildings will come up in the first phase


Multi-level parking and Metro system

Officials have planned to make GIFT city pollution and dust-free. For this, the company will dedicate a 10-storeyed building to parking. The multi-level structure will have a hydraulic system to facilitate vehicles’ movement and parking. It will have the capacity to house 50,000 four-wheelers. A high-tech system will let the visitors know about the space available. This will save their time in moving to the designated spot. The parking building, metro and bus rapid transit system won’t be more than 500 metres away from the commercial work place. The idea is to encourage visitors to walk, but care is taken against them having to trudge long distances. Air-conditioned elevators and escalators will be available for the comfort of the people.

30% space for water body, landscaping

Nearly 30 per cent of the 673 acres has been earmarked for green lawns, gardens, and landscaping. A water reservoir is planned beside the convention centre and the food court. A fountain is also planned to keep the water clean. It will be a musical fountain with water forced up to a height of 100 metres.

^^ great updates :cheers:

The parking building, metro and bus rapid transit system won’t be more than 500 metres away from the commercial work place. The idea is to encourage visitors to walk, but care is taken against them having to trudge long distances. Air-conditioned elevators and escalators will be available for the comfort of the people.
No signs of MEGA (metro). :ohno: If only Modi would support Metro it should have started by now

Thanks for digging that news out aks :cheers:

No signs of MEGA (metro). :ohno: If only Modi would support Metro it should have started by now

We will find out most probably after the vibrant summit but i am sure they will support it since that is going to be a part of GIFT aswell.

Thanks for digging that news out aks :cheers:

:)

Biz clusters planned at the finance city (http://www.ahmedabadmirror.com/article/3/20101213201012130309107507ac1585f/Biz-clusters-planned-at-the-finance-city.html)

Different buildings will be constructed for different sectors at the GIFT City, each cluster will be given a name

Cluster-based development will take place at Gujarat International Finance Tec (GIFT) City, an ambitious business district proposed near Gandhinagar. Planners of the project say different buildings will be constructed for different sectors and each of the buildings, or clusters, will have a name.

IT, banking and finance, corporate and stocks are some of the sectors that will have their own clusters. “This approach will be followed for domestic as well as international firms. The idea is to provide companies a similar environment and help them deliver one-stop solutions to their clients,” an official, who didn’t want to be named, said.

GIFT City, which will be spread over 673 acres, will be jointly developed by Gujarat Urban Development Company (GUDC) and Infrastructure Leasing and Financial Services Limited (IL&FS).

“Clusters for international companies will come up in the special economic zone (SEZ) planned in the finance city,” the official said. So far, 15 national and two international companies have shown interest in GIFT. In fact, they have given an in-principle commitment to acquire space in the finance city and are expected to sign MoUs soon.

A source said that public sector banks had expressed desire to set up “consulate offices” for their foreign branches in GIFT City. IT companies from Ahmedabad and other parts of the country are also eyeing space.

GIFT has been conceptualised as a business district that will seek to be a global financial hub. It will rival India’s financial capital, Mumbai.
To attract companies, planners of the project have reduced office rentals from Rs 100-150 per sq ft to Rs 50-55 per sq ft. The move will appeal to firms that postponed their plans to buy space in GIFT City following the economic downturn.

In 2009, 100 companies inked MoUs to be part of GIFT. However, later many stepped back because of the global
financial crisis. GIFT officials will approach these companies again with new proposals.

In the first phase of project, 10 to 12 buildings will be constructed. This means 1.2 million sq ft of space will be developed. Nearly 1 lakh jobs will be created at the end of phase I in 2013.

Why do you people doubt on gift project?.....After all it's a dream project of a man who never looks behind....our beloved and best cm of india...Shri.Narendra Modi...so stop commenting doubt on the project...just hope that the project work goes fine and with no obstacles.....
:banana:Jay Jay Garvi Gujarat:banana:

Why do you people doubt on gift project?.....After all it's a dream project of a man who never looks behind....our beloved and best cm of india...Shri.Narendra Modi...so stop commenting doubt on the project...just hope that the project work goes fine and with no obstacles.....
:banana:Jay Jay Garvi Gujarat:banana:

Who has doubts man? I guess all the doubts are now gone unless you were reading the older posts.

Who has doubts man? I guess all the doubts are now gone unless you were reading the older posts.

If no one has doubts then....its ok...and yes you are right i read some of the old posts...and found some of them where in doubt that gift project will not be started due to some fund problem.....but now everything is fine and the work is going to be started in early 2011.....so hope everything goes fine.....

Today a half page news on GIFT city and Dholera has been published in Divya Bhaskar.

Progress is on going but they mention that GIFT will start in 2012. May be they mean real structure. Possibly we we will ground operation in 2011 itself.

It is written that GIFT has asked to increase its area of 500 sq yard to 1000 sq yard. That's twice.

It is thought that additional land would be obtained just opposite of the main road of GIFT city. That is nearby Knowledge University.

Most of details are not released and are kept secret for 2011 gujarat summit.

Hopefully big news and surprising events will take place.

Just lead the way Gujarat! :banana::banana:

http://img41.imageshack.us/img41/8533/56875782.jpg (http://img41.imageshack.us/i/56875782.jpg/)

Not professing to be an expert in written Shuddh Gujarati... but isnt "amalikarn" more like "operational" ie: GIFT will become operational in 2012? Guess this is the same point reshapco was stuck on, if anyone actually knows for sure, please clarify.

We had heard previously that the revised target for people to move in was 2011-end, ie: 2012.

Anyway, only a matter of weeks now till the Investors Summit, so am sure this thread will be buzzing with news pretty soon.

Not professing to be an expert in written Shuddh Gujarati... but isnt "amalikarn" more like "operational" ie: GIFT will become operational in 2012? Guess this is the same point reshapco was stuck on, if anyone actually knows for sure, please clarify.

We had heard previously that the revised target for people to move in was 2011-end, ie: 2012.

Anyway, only a matter of weeks now till the Investors Summit, so am sure this thread will be buzzing with news pretty soon.

Amalikaran is not actually operational but its more like setting up.

Have joyye ke ketli jaldi ubhu thase.

Gift provides rental relief to woo firms (http://www.ahmedabadmirror.com/article/2/2010121020101210031334720b2a1e22f/Gift-provides-rental-relief-to-woo-firms.html)

Office rentals at the financial district proposed near Gandhinagar have been reduced from Rs 100-150 sq ft to Rs 50-55 sq ft to increase the project’s appeal



Act I: office made cheaper



Act II: Project cost revised


Multi-level parking and Metro system



30% space for water body, landscaping

You never posted this site pic -

http://img526.imageshack.us/img526/4286/012xu.jpg

^^ haha but it looks exactly the same as what GJ put up a while ago.

With Modi Sahib behind this GIFT surely will be a sucess but right now looks like not much is going on? and when exactly is this 2011 summit?

With Modi Sahib behind this GIFT surely will be a sucess but right now looks like not much is going on? and when exactly is this 2011 summit?

12-13 January 2011.

12-13 January 2011.

thanks! cant wait to hear about it!

Have joyye ke ketli jaldi ubhu thase.

Yaa..thinking the same dude......but on the other hand modi being behind gift definately jaldi ubhu thase.....!!

^^ haha but it looks exactly the same as what GJ put up a while ago.

Yaar...didn't you heard that the ground levelling work is going on....and i think most probably it has been completed...!!
Also....they have made the provision for almost 2000 workers to stay....change your views man....Be positive...!!:cheers:

Yaar...didn't you heard that the ground levelling work is going on....and i think most probably it has been completed...!!
Also....they have made the provision for almost 2000 workers to stay....change your views man....Be positive...!!:cheers:


aree nai re. I was saying that pic looks the same as before. I think the media only has one pic it seems. Till date we dont have proper photos of ground work . Oh well i will see if i can go around that area. And yea man i think positive, i was just talking about the pic.

aree nai re. I was saying that pic looks the same as before. I think the media only has one pic it seems. Till date we dont have proper photos of ground work . Oh well i will see if i can go around that area. And yea man i think positive, i was just talking about the pic.

You are right...it seems they have only Single photog\..well it would be great if we can have some new photos of the site...if you can please have a survey and some photos of the site....:)

This might be older than what GJ posted (donno - got this from Bing).
But you can see some structures being added to the north west!!

http://img402.imageshack.us/img402/284/94456903.jpg

This might be older than what GJ posted (donno - got this from Bing).
But you can see some structures being added to the north west!!

http://img402.imageshack.us/img402/284/94456903.jpg

True,as you said...it is older than even google maps....any way thanks for you effort...i wonder when the google maps will be updated....they still have that old 2008 map....

this project, now, is a question of when, not if. Thanks for the update guys.

Amalikaran is not actually operational but its more like setting up.

Amlikaran is infact derived from sanskrit and its actually mean implementation.

Amlikaran is infact derived from sanskrit and its actually mean implementation.

thats what i mean by setting up (do implementation).

BTW, are you sure Amlikaran is sanskrit word. I am pretty sure its Gujarati from the way its spoken.

http://img18.imageshack.us/img18/6342/31464916.png

The below image is of recent time. (two month old). Compare it with actual plan.

http://img89.imageshack.us/img89/7140/66739414.jpg

Please check back through the thread before posting... that was originally only a couple of pages back link (http://www.skyscrapercity.com/showpost.php?p=67513681&postcount=598)

thats what i mean by setting up (do implementation).

BTW, are you sure Amlikaran is sanskrit word. I am pretty sure its Gujarati from the way its spoken.

it's not a sanskrit word, but derived from sanskrit word "amal"....means application....and amlikaran means to apply...or to implement. In hindi also "amal me lana" means to follow, to apply , or to implemet.

GANDHINAGAR: The Gujarat Cabinet has decided to transfer 662 acres of prime land across the Sabarmati in Gandhinagar district to the Gujarat International Financial Tec-City (GIFT) Company Ltd, a joint venture between Infrastructure Lease & Finance Services (IL&FS) and state-run Gujarat Urban Development Company (GUDC), to kick-start the construction of GIFT city --— the hightech financial hub.

The Cabinet approval to hand over land at the token rate of Re 1 came after IL&FS promised to begin construction at the GIFT site, pending for three years, by March 2011. "IL&FS is ready with its design to build four towers, each 35 storey high, creating floor space of 5 million square feet. It has got environmental and Airport Authority of India (AAI) clearances, necessary to build the towers," a senior state bureaucrat told TOI. The current price of the land in the area is at least Rs 10,000 per sq metre. IL&FS will sign a formal agreement at the forthcoming Vibrant Gujarat summit with the Gujarat government to start construction of GIFT. Under the agreement, IL&FS will be constructing the towers for nearly Rs 2,000 crore. IL&FS, the sources said, will be signing a separate MoU with Gujarat government, promising to bring in top international players to GIFT.

Chief minister Narendra Modi wants GIFT to rival Asian financial hubs like Hong Kong and Dubai. The complex will create upto 10 million square feet of space, employing 50,000 persons. GIFT proposals include creation of housing colonies for nearly 20,000 persons in the vicinity. GIFT alone is likely to attract investment proposals, in the form of MoUs, for Rs 50,000 crore, which is one-fourth of all MoUs in the urban sector for the Vibrant Gujarat summit. The urban development department has received MoU proposals for Rs 2.20 lakh crore.

Please check back through the thread before posting... that was originally only a couple of pages back link (http://www.skyscrapercity.com/showpost.php?p=67513681&postcount=598)

I knew that's why posted again.

:doh:

I knew that's why posted again.

:weird:

Brother I mean, some members were posting all pics and talking about construction started or not. So, I decided to post back same again.

RFQ's for a hotel, school, and hospital in the city are now available here. (fill in fake info, and it will allow you to download.)

http://giftgujarat.in/information_form.aspx

Looks like this is getting off the ground.

GIFT city is more about IT than merely buildings: Pitroda

The financial sector in Gujarat will require a major push in the field of information technology (IT) to develop its financial services sector, informed the top technocrat Sam Pitroda.

The advisor to the Prime Minister today addressed the gathering at the Vibrant Gujarat Global Investors' Summit-2011 about the need of IT in bringing a makeshift to the financial services in the country.

Gujarat is mulling to develop a dedicated financial hub named Gujarat International Financial Tech (GIFT) City. Commenting about the future scope of the financial services in state, Pitroda said, "Financial services is a lot about IT. It's not about all these buildings. You need to have the right IT people who know how to deliver." He further added that there needs to be more focus on bringing IT applicability to the financial sector."
Commenting about the Summit, Pitroda said "The event was so far so good." But he also pointed out about the lack of penetration of IT expertise in the state. "For example IBM has a product, but you don't have somebody to do that at that level. So there is a need to create a network first."

Pitroda stressed on educating the people of state on the financial services so that they can take the advantage of information technology. "There is a need to innovate new things for the financial services. Gujarat is known for vyapaar (business) and GIFT is a vyapaar city."

The financial secvices sector witnessed six memorandums of understanding (MoUs) being signed during the event. Major players signing the MoUs included IL&FS group, which signed an MoU worth Rs 3000 crore, which will generate employment for 70,000 individuals.

Other major players included Financial Technologies that signed an MoU worth Rs 400 crore creating employment for six thousand people. Gandhinagar Hotels Ltd signed MoUs worth Rs 1000 crore, which will provide employment to five thousand people

source (http://www.business-standard.com/india/news/gift-city-is-more-about-it-than-merely-buildings-pitroda/421716/)

Area surrounding the GIFT started developing, one more sign thats its very much live !!

Opposite to the GIFT, on the other side of Sabarmati River, a 1 MW solar power plant is about to complete by GPCL (Gujarat Power Corporation Ltd.)
http://www.gpclindia.com/?%26nbsp%3BSolar_projects

And a Law university GNLU.
http://www.gnlu.ac.in/ProjectedCampus.aspx

Its all set to happen finally !!

New presentation uploaded

http://www.giftgujarat.in/General-Presentation-Mktg-December-2010.pdf

Great find! :cheers:

Have ripped a few pics from it:

Actual photos of the site!
http://img214.imageshack.us/img214/409/update1r.png
http://img141.imageshack.us/img141/4365/update2.png
http://img210.imageshack.us/img210/7727/update3j.png
http://img202.imageshack.us/img202/3707/update4.png

Accurate Site Plan
http://img225.imageshack.us/img225/306/siteplan.png

Also, the artificial water body that was called "Dream River" in the earlier presentations has been changed to "Samruddhi Sarovar", looks like some of the major roads in GIFT are proposed to be called "Udyan Path", "Samruddhi Marg", "Astha Marg", "Gyan Marg" etc. I quite like it, just that I wish the city itself was named in a similar manner!

New presentation uploaded

http://www.giftgujarat.in/General-Presentation-Mktg-December-2010.pdf

OMG!!! OMG!!!OMG!!!OMG!!!OMG!!!OMG!!!OMG!!!OMG!!!OMG!!!

:banana::banana::banana::banana::banana::banana::banana:

The skyline of GIFT is formed by a series of landmark structures. 3 buildings are above 350 m, 27 above 150 mt and 31 above 100 mts height

:eek2: :eek2: :eek2:

wow great find indeed GJ10....thanks a ton

Great find! :cheers:

Have ripped a few pics from it:

Actual photos of the site!
http://img214.imageshack.us/img214/409/update1r.png
http://img141.imageshack.us/img141/4365/update2.png
http://img210.imageshack.us/img210/7727/update3j.png
http://img202.imageshack.us/img202/3707/update4.png

Accurate Site Plan
http://img225.imageshack.us/img225/306/siteplan.png

Also, the artificial water body that was called "Dream River" in the earlier presentations has been changed to "Samruddhi Sarovar", looks like some of the major roads in GIFT are proposed to be called "Udyan Path", "Samruddhi Marg", "Astha Marg", "Gyan Marg" etc. I quite like it, just that I wish the city itself was named in a similar manner!

:banana::banana::banana::banana::banana::banana::banana::banana:

Awesome. Gujarat is becoming a model state for entire India. Love Gujarat.

Great find! :cheers:

Have ripped a few pics from it:

Also, the artificial water body that was called "Dream River" in the earlier presentations has been changed to "Samruddhi Sarovar", looks like some of the major roads in GIFT are proposed to be called "Udyan Path", "Samruddhi Marg", "Astha Marg", "Gyan Marg" etc. I quite like it, just that I wish the city itself was named in a similar manner!



Nice updates GJ10.

Maybe they can name GIFT as Karnavati?

Finally something !!!!

Yes, been waiting for pics for years :cheers:

HOORAY!! Is there any news as to the commitments on constructions on the skyscrapers? What does the MoU's say on GIFT as such?

http://img59.imageshack.us/img59/2976/giftmou.jpg

Check out above image for GIFT MOU

Not sure how to upload image. help please

^^^ please read this http://www.skyscrapercity.com/showthread.php?t=600498

Thanks Mihir

11K-cr GIFT-wrapped for fin-tech city
TIMES NEWS NETWORK Gandhinagar: Investors queued up to be a part of chief minister Narendra Modi’s dream project, Gujarat International Finance Tec-City (GIFT) as memorandums of understanding worth Rs 11,724 crore were signed on the final day of the two-day Vibrant Gujarat summit held here. Signed in front of Modi, the biggest MoU is by Newgen Technologies for setting up information and communication technology (ICT) network worth Rs 7,000 crore. The next important MoU is by Infrastructure Lease & Financial Services (IL&FS), for Rs 3,000 crore, to kick-start the GIFT project on ground near Gandhinagar by creating an office space of five million square feet with at least three 35-storey towers. IL&FS hopes to sell the space it creates to finance and ICT service providers, officials said. In all, 32,500 jobs are proposed to be created by implementing six MoUs that were signed at the Vibrant Gujarat business meet. Others who signed MoUs were Financial Technology India for Rs 400 crore for setting up a multi-SEZ in GIFT city; Rs 1000 crore MoU to set up a world class hotel by Gandhinagar Hotels Ltd, owners of Haveli in the state capital; Rs 300 crore MoU by India ITME Society to setting up a convention centre in GIFT complex; and an education and research institute by Caralox Education and Research Institute. Going both by the number of MoUs and the amount, it is much smaller than what was proposed in 2008, when 25 MoUs for selling out 80 million square feet in GIFT city had already been signed up. Planned to come up as an alternative financial hub to Mumbai, at that time, officials said, it GIFT was already “over-booked”, and it would attract an investment worth $ 16.33 billion. All MoUs, without exception, collapsed because of the slowdown that followed later. Among important players that had come forward in 2008 to buy up space included Kotak Mahindra Bank, Hong Kong Bao and Tang Medical Group, Hond Kong Progress Architectural Design, DLF Commercial Developers, Vanguard Realty, Pacifica Infrastructure, K Raheja Universal Private Ltd, Essar Properties, others. Significantly, none of these proposed turned up to sign MoU with the state government for the GIFT project.

^^ Please post the source !!!

^^ Please post the source !!!

He did mention the source - TNN.

Please also provide the hyperlink.

http://giftgujarat.in/pdf/TOI-14Jan.pdf

He did mention the source - TNN.

Please also provide the hyperlink.

yeah - i meant the Hyperlink!! good article though..

Now they do not allow visitor to get in GIFT campus. May be heavy duty work going to get started soon(In few weeks).

http://giftgujarat.in/mou_vibrant.aspx

Sr. No. Name of the Counter Party Details on MoU Investment (Rs. Crs) Employment
1 Infrastructure Leasing & Financial Services Limited Development of 7.78 mn sq ft in GIFT 3000 70000
2 Financial Technologies India Limited Development of International Markets, back office and Data Center at GIFT 400 5000
3 India ITME Society Development of Exhibition and Convention Center (around 90000 sq mt) at GIFT 300 5000
4 Newgen Holding Private Limited Development of ICT Networks and Data Center at GIFT 7000 400
5 Calorx Education & Research Foundation Development of International and CBSE School at GIFT 24 120
6 Gandhinagar Hotels Limited Development of Five Star Hotel (700 rooms) at GIFT 1000 5000

A high-level Malaysian delegation led by Special Envoy-Minister to India Mr. Dato Seri Vellu during his meeting with Chief Minister Narendra Modi here today expressed his interest to partner Gujarat’s high-profile urban development and other infrastructure projects.

The delegation made presentations on proposed Inclusive City, Ahmedabad Central City on a 30-acre plot in GIFT City, besides Housing Projects with New-Technology Slum Clearance Projects.

Impressed by the integrated master plans of DMIC, Central Spinal Road and International Airport near Dholra-SIR, the delegation evinced keen interest to take part in the project.

Prominent among those present during the meeting included Malaysia’s Consul General, Gujarat’s Additional Chief Secretary B K Sinha, Chief Minister’s Principal Secretary K. Kailashnathan and Secretary Arvind Sharma.


Source: deshgujarat.com
http://deshgujarat.com/2011/01/29/malaysia-keen-to-partner-gujarat-in-giftmonorailkalpsar/

goooo Gujarat.

As per local Gujarati news paper, GIFT construction will start on May 1, Gujarat Day.

It seems, each time date is being pushed out. Before there were claiming to get construction started just after Vibrant Gujarat, now May 1

Latest status of ambitious GIFT city project
Gandhinagar, 7 February, 2011





The government of Gujarat has obtained eight different permissions for kick starting the ground work of ambitious Rs. 60,000 crore GIFT business hub project. Government has completed land acquisition of 673 acres of land for this project. Presently land leveling activities are going on just next to the Sabarmati river. Works like four lane road, gutter line, water, I.T. broadband cables and power installations will follow this.

The permissions that are obtained so far include GUDA master plan, central Civil Aviation department’s clearance, environmental clearance, and micro-zoning. The government has taken a decision to allow highest 3.65 FSI in GIFT city. The central government has granted SEZ permission to GIFT city. Ahmedabad Municipal Corporation has granted permission for phase-3 of BRTS as part of transportation facility in BRTS. Gujarat Infrastructure Development Board has granted permission for MRTS.

According to officials close to the development, the process of issuing Rs. 200 crore worth of tenders is in advance stage. While Rs. 7,000 crore budget is needed to create all facilities, the government is likely to pump in Rs. 1,000 crore in next three years.

GUDA has been handed over about 673 acre land for land development. Government has prepared 11 types of study reports including a report on earth quake proof construction. 1 km long and 7 meter deep Sant Sarovar is being developed to provide water to proposed GIFT city and its construction.

Cept placement: Int'l cos, Gujarat International Finance Tec make job offers

AHMEDABAD: The final campus placement of the faculty of planning at the Centre for Environmental Planning and Technology (Cept) began on Saturday. For the first time, the placement saw participation from a large number of foreign companies. Recruiters from Gujarat International Finance Tec-City (Gift) also made 5 job offers on Day-0.

International recruiters like Parson Brinckerhoff, Halcrow Group, Cowi, Mott Macdonald, WS Atkins and Space Matrix made their presence felt at the Cept placement process.

is gift shifted to Africa ?? an African competitor for gift ??

Kenya plans $10 billion(usd) ICT park (http://www.skyscrapercity.com/showthread.php?t=1327701)

Kenya’s technopolis dream gets a boost from European, Asian firms

http://i52.tinypic.com/34pffph.jpg


By Okuttah Mark
Posted Tuesday, February 22 2011 at 00:00

At least six firms have expressed interest in competing for contracts to build Kenya’s multi-billion Shilling dream ICT park on a 5,000-acre site south of Nairobi.

Winners of the contracts will become master builders of the $10 billion (Sh800 billion) project, whose construction begins next month at a ground-breaking ceremony to be presided over by President Kibaki.

In the list of contenders are India’s Mahindra, Tata Infrastructure, Leasing and Financial Services, Wipro from America and global technology firm IBM.

Swedish, South Korean and American firms — whose names could not be immediately verified — are also eyeing infrastructure projects at the park.

Construction of the technopolis is hinged on a model that puts third parties at the centre of its execution with the owners — the government — offering the land, legal backing and architectural plans.

Winners of the master builder tender are expected to develop property on location and upon conclusion lease it out (for 99 years) or sell it to interested buyers, the master plan crafted by the Ministry of Information says.

A separate group of bidders will build the city’s infrastructure and levy service charges under the build, operate and transfer (BoT) model.

Lease periods will be hinged on the length of time it takes them to recoup costs without imposing a heavy cost burden on users.

People familiar with the bidders’ plans said a Swedish company is gunning for the tender to construct and manage the technopolis’ sewerage system while the Korean firm wants to build the Business Process Outsourcing (BPO) park.

Infrastructure development at the park situated 41 kilometres South of Nairobi begins next month paving the way for invitation of the initial tenders worth $3.8 billion (Sh304 billion).

“The official launch should make it possible for the government to actively market the project to potential investors throughout the world,” said Dr Bitange Ndemo, the Information permanent secretary.

Prime minister Raila Odinga is expected to lead a team of top government and private sector personalities who will leave the country in April for a road show in New York.

Service providers, including a leading hospital, an international school and an investment group have expressed interest in putting up units at the park, Mr Ndemo said.

Next month’s launch of infrastructure development projects will also see the grounds zoned for planned activities such as IT, hospitality, education, health and finance.

The ICT park is expected to create 80,000 new jobs in the first four years as part of the government’s Vision 2030 development blueprint.



flashad

^^^:wtf:

joking ............ an African news agency put GIFT render with a project news about a Kenyan project involving Indian companies

Africa... and GIFT???

I see new video at http://giftgujarat.in/documents/Gift%20City.zip but not much information.

is gift shifted to Africa ?? an African competitor for gift ??

Kenya plans $10 billion(usd) ICT park (http://www.skyscrapercity.com/showthread.php?t=1327701)

"Wipro from America" - always KNEW those yellow-bellies worked for the Yanks!! :D

It gives me immense pleasure to inform you that the Government of Gujarat’s project “Gujarat International Finance Tec-City (GIFT)” for developing a Global Financial Hub in Gujarat is now entering the execution mode. Having reached this important milestone, GIFT jointly with The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is organizing an International Conference on “GIFT-Emerging Business Opportunities” in Ahmedabad on 15th April 2011.

ASSOCHAM as an apex industry body represents the interests of industry and trade, interfaces with Government on policy issues and interacts with counterpart international organizations to promote bilateral economic issues as also pro-actively communicate and debate issues relating to public-private partnerships for economic development.
GIFT, a public-private partnership project, is designed as a Global Financial Hub and is well placed to be the first and most successful Financial Services Centre in the country. GIFT project will open new business opportunities in International Financial Services in the country and not only provide over 1 million jobs but will also generate considerable demand for quality projects in and around GIFT.

The conferences’ ultimate aim is to highlight various opportunities available in GIFT project.
It is with this intention that GIFT and ASSOCHAM are organizing an International conference to seek wider participation of the potential and prospective entrepreneurs and investors.

Please find the attached Program Details and Registration Form.

For Registration and any clarification kindly get in touch with the following:

1. XXXX

2 XXXX

We look forward to your participation.

Yours Sincerely,
R. K. Jha
Director


GUJARAT INTERNATIONAL FINANCE TEC – CITY COMPANY LIMITED

It gives me immense pleasure to inform you that the Government of Gujarat’s project “Gujarat International Finance Tec-City (GIFT)” for developing a Global Financial Hub in Gujarat is now entering the execution mode. Having reached this important milestone, GIFT jointly with The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is organizing an International Conference on “GIFT-Emerging Business Opportunities” in Ahmedabad on 15th April 2011.


Hey up2009, This is indeed a great news.. Thanks for sharing. Will wait for April 15th for more details... BTW, did you write a letter to GIFT official for an update?

SimplyGujju, I don't have any update from GIFT. However I am planning to attend 15th April conference. Will give update.
Today I see land acquisition notice in Gujarat Samachar for GIFT 6 lane road connecting to Gandhinagar.

dunno wht d hell s goin on guj govt mind.dey shuld put project in execution mode ASAP so dat v cn c singapore like city within 3 to 4 year:(

Digitalglobe views at 25th Jan 2010 and then 27th Feb 2011

http://img688.imageshack.us/img688/8230/2010ri.png

Not exactly spectacular progress for a period of 13months, but at least the site clearance/ground levelling is undeniable.

May 1st isnt that far away, would be an epic understatement to say that I hope they dont move the construction date again!

Is there water in the Sabarmati river at all?

No. There is never water in river except few days of monsoon. GIFT is planning to fill up river from Narmada Canal.

Gujarat International Finance Tech-City (GIFT), state government’s dream project, is expected to to generate thousands of jobs and business opportunities.

The ambitious ‘business district’ will give tough competition to Mumbai, India’s financial capital, claim sources. The project cost estimate has been revised from Rs 63,000 crore to Rs 60,000 crore.

To create awareness among stakeholders, business houses and entrepreneurs at large, Gujarat International Finance Tech-City Company Ltd (GIFTCL) is organising a conference on ‘Emerging business opportunities’ at The Grand Bhagwati on April 15.

The conference is being organised in association with Assocham and the state government. The focus of the discussions will be on urban planning, real estate, transportation, services and utilities.

Around 500 businessmen from across the country are expected to participate. Industry experts, town planners and transport planners have been invited to deliver lectures.

GIFTCL Director R K Jha said, “It is a huge project that has attracted crores of investment. We are now trying to create awareness about the project among companies that can encash on business opportunities that will open up soon.”

“We will be discussing topics like infrastructure, security system, solid waste management and metro rail system. This will allow the businessmen and service providers to understand the requirements of the project so that they can make the right deals at the right time,” he said.

GIFT is also offering handholding to these companies that are clueless about how to manage local issues. An official added that if the input cost of construction goes down it will allow GIFT to offer competitive rental and lease rates.

source: http://www.ahmedabadmirror.com/article/3/2011040720110407031701211abc250d4/Noplastic-drive-up-in-smoke-off-GPCB-office.html

so any water diversion, land reclamation, construction of buildings and other key infrastructure going to start soon?

We finally have confirmation that construction has started at GIFT :cheers:

Hit by the 2008 recession, the first phase development of state's proposed global financial hub-Gujarat International Finance Tech-City (GIFT) is now scheduled to get over by 2014, a top official said here today.

The Rs 72,740 crore GIFT project is planned on the lines of global financial hubs in New York, Shanghai and London.

"We expect the first phase development of GIFT encompassing 10 million square feet of commercial space at an investment of Rs 4,500 crore to get over in next three years," GIFT Company Ltd Chairman Sudhir Mankad told newsmen.

"In later stages, the possibility of IPO route for fund raising cannot be ruled out," he said.

A target of constructing close to 22 million sq ft and 30 million sq ft of commercial space in phase-II and III respectively has been fixed.

The project that aims to catapult Gujarat into the global league is being developed by Gujarat International Finance Tec-City Company Ltd, a 50:50 joint venture between the state-run Gujarat Urban Development Company (GUDC) and Infrastructure Leasing and Financial Services (IL&FS).

"The first anchor investor to the project, IL&FS,

which is also our joint venture partner, has underwritten for constructing 7 million sq ft of commercial space," Mankad said.

"Its contractor Larsen and Toubro has begun the construction of first tower of 13 floors, assuring 5 million square feet of space, while the mandate for constructing the second tower has been given to an another company," Mankad said.

"Both the towers are expected to be ready for occupation possibly by 2012," he said adding that around 12 towers are proposed to be constructed in the first phase of development.

GIFT, so far has spent over Rs 200 crore to get the pre-feasibility studies conducted for the multi-crore project.

The Institute of Seismological Research has conducted the seismic study for the project. It has also submitted its recommendations for constructing India's tallest building which will be 400 metre high in GIFT city, a Diamond tower. A total of 103 buildings are proposed to come up in GIFT City, which is being developed along the banks of Sabarmati river in Gandhinagar.

The project has been conferred a multi-product SEZ status by the Centre.

"The SEZ is expected to attract USD 3.8 billion investment and is targeting exports worth USD 1 billion, when the first phase becomes operational," sources said.

GIFT, which is expected to change India's financial skyline by creating new benchmarks in investments, exports and job creation.

"GIFT is expected to generate revenues of Rs 4,000 crore annually over next ten years for the state government, and over Rs 8,000 crore per annum for same period for the centre," a GIFT official said.

The project will create one million direct and indirect jobs, he said.

Link (http://www.indianexpress.com/news/postfirst-phase-of-gift-ipo-possible/776690/2)

Probably the Mixed Use Blocks P&Q as mentioned in earlier articles Link (http://www.skyscrapercity.com/showthread.php?t=552518&page=26)

wow great news
cheere :)

I still think the project like this should not be in earthquake prone zone and also close vicinity of pakistan.

I still think the project like this should not be in earthquake prone zone and also close vicinity of pakistan.

Dude - I think the days of fearing that banana republic should be behind us now. Our fear, if there is any, should be of China - its only with competing with China, is what's going to be the defining cause of most of India's growth story!!
After 26/11 - I'm pretty impressed with the steps (a bit slow, but still) India has taken to cordon off the Pakistani Migraine - both from Coast Security, Border Fencing, Induction of sophisticated surveillance tech as well as increasing worldwide diplomatic pressure!!

Pakistan now seems more and more like a "never-was" - not even a "has-been".
But you're right - the Japan Earthquake shows the enormous wisdom in building earthquake resistant structures.

Thanks for the update GJ - GIFT is going to hit the world community like a sledgehammer, now that its officially on construction binge!!!
Though they did goof up on the "India's tallest building which will be 400 metre high in GIFT city, a Diamond tower" - guess no one told them about India Tower and World One!! But thats nuance - Diamond tower IS a beauty unlike most others!!

'ગિફ્ટ' સિટીના 12 ટાવર 3 વર્ષમાં તૈયાર થઈ જશે (http://www.divyabhaskar.co.in/article/MGUJ-AHM-c-69-753178-2021388.html?HF=)

હાઈ ટેક ગ્લોબલ ફાયનાન્સીયલ અને આઈ ટી હબ તરીકે વિકસી રહેલા ગુજરાત ઈન્ટરનેશનલ ફાયનાન્સ ટેક સીટી (ગીફટ) ના પ્રથમ તબક્કાનું કામ શરૂ કરી દેવામાં આવ્યું છે અને આ કામ ત્રણ વર્ષમાં પુર્ણ થઈ જશે તેવું ગીફટ કંપની લીમીટેડના ચેરમેન સુધીર માંકડે ગીફટ સીટી અંગેના સેમિનાર બાદ જણાવ્યું હતું.

- ગીફ્ટ સીટીના પહેલા ફેઝનું કામ ત્રણ વર્ષમાં પુર્ણ કરાશે
- પહેલા ફેઝની પ્રોજેક્ટ કોસ્ટ ૪૫૦૦ કરોડ, પહેલા ફેસમાં ૧૨ ટાવર ઉભા કરાશે

ગીફટ સીટીમાં ઈમરજીંગ બિઝનેસ ઓપોર્ચયુનીટી અંગે એસોચેમ દ્વારા યોજવામાં આવેલા સેમિનારમાં બોલતાં શહેરી વિકાસ મંત્રી નિતીન પટેલે આ સીટીને આંતરરાષ્ટ્રીય સ્તરનું બિઝનેસ હબ બનાવવાની નેમ વ્યકત કરી હતી. આ સીટીના પ્રથમ તબક્કામાં ૧૦ લાખ સ્કવેર ફીટમાં ૧૨ ટાવર ઉભા કરવાનું આયોજન છે.

પ્રથમ તબક્કાનો ખર્ચ ૪૫૦૦ કરોડ આંકવામાં આવ્યો છે. આખો પ્રોજેક્ટ ૨૦૨૨ સુધીમાં પુર્ણ થવાનો અંદાજ છે અને કુલ ૬૦ હજાર કરોડનો ખર્ચ અંદાજવામાં આવ્યો છે. ગીફટ માટેનું ઈન્ફ્રાસ્ટ્રકચર ગુજરાત સરકારની કંપની ગુજરાત ઈન્ટરનેશનલ ફાયનાન્સ ટેક સીટી કંપની લીમીટેડ પુરું પાડશે જ્યારે બિલ્ડિંગ ડેવલપમેન્ટનો કોન્ટ્રાકટ ખાનગી બિલ્ડર્સને આપવામાં આવે છે.

આ પ્રોજેક્ટને વિકસાવનાર જાણીતા આર્કિટેક બી વી દોશીનું કહ્યું હતું કે આ માત્ર બાંદ્રા કુલૉ કોમ્પ્લેકસ જેવો પ્રોજેક્ટ નથી પરંતુ એક આખુ શહેર વિકસી રહ્યું છે. પેરીસ સાથે સ્પર્ધા કરે એવું સીટી બનાવવા માટે લાંબા ગાળાનું આયોજન જોઈએ. જેમાં આસપાસના વિસ્તારોનો વિકાસ કેવી રીતે થશે, ટ્રાન્સપોટેંશનની કેટલી ઝડપી સુવિધા હશે, તે બધું જ આયોજન કરવાનું રહેશે.

કુલ ૬૮ લાખ સ્કવેર ફીટ વિસ્તારમાં આ ગીફ્ટ સીટીમાં કુલ ૭૫ ટાવર ઉભાં કરવાનું આયોજન છે. આ સીટી અંગે બોલતાં ગીફ્ટ કંપની લી.ના ડાયરેકટર રમાકાંત ઝાએ કહ્યું હતું કે ‘દેશમાં ફાયનાન્સીયલ સર્વિસનો ૬થી ૮ ટકા હિસ્સો ગીફ્ટ સીટીનો હશે. આ સીટીથી ૫ લાખ ડાયરેકટ અને તેટલી જ ઈન્ડાયરેકટ રોજગારી સર્જી શકાશે.’

મંદીના કારણે આ પ્રોજેક્ટમાં મોડું થયું
આ પ્રોજેક્ટનો પ્રથમ તબક્કો ૨૦૧૦ સુધીમાં પુર્ણ કરવાનું આયોજન હતું પરંતુ વચ્ચેના બે વર્ષ દરમ્યાન આવેલી વૈશ્વિક મંદીના કારણે આ પ્રોજેક્ટની કામગીરી ધીમી થઈ ગઈ અને હવે પ્રથમ તબક્કો ૨૦૧૪ સુધીમાં પુર્ણ થવાની અપેક્ષા છે.

First phase of GIFT City to be completed by 2014

Work on one of the most ambitious projects of the state government, Gujarat International Finance Tec-City (GIFT City) is finally expediting with the first phase set to come up by 2014. With a built up area of 10 million sq ft, first phase of the financial services hub in Gujarat will be completed in next three years, said Sudhir Mankad, chairman of GIFT Company Limited.

"Our vision is to have international finance services centre and it would be first of its kind in Gujarat as well as India. In fact, our target is to have at least two towers ready by 2012. A modern city that is not disconnected with the past. It will reflect cultural ethos of Gujarat. It will the business community of Gujarat to do business on global level through GIFT platform. Work on one of the towers have already begun by L&T. In all, the first phase will be completed by 2014 at a project cost of Rs 4,500 crore," said Mankad.

The first phase of the project will comprise 12 towers spread across 10 million sq ft of built up area. Of these, half a million of space is being developed by L&T alone, according Mankad. On completion, the financial services hub will span a total area of 68 million sq ft at around Rs 60,000 crore of project cost at current prices.

However, Mankad ruled out completion of the much touted 400 metres tall Diamond Tower in the first phase. "The Diamond Tower will come up only in the second or third phase," said Mankad.

On its part, the GIFT Company will develop the overall infrastructure of the project, while rest of the real estate will developed by investors. Of these, IL&FS is the first anchor investor of the project which has also started construction in a tower.

The company has also spent over Rs 200 crore for various consultancy services during the planning of the project. According to Mankad, seismological and hydrological studies have also been conducted for the project. Meanwhile, talking about the delay in the project, Mankad added that the government lost a year due to recession

Source : Link (http://www.business-standard.com/india/news/first-phasegift-city-to-be-completed-by-2014/432386/)

hmm... good news :cheers:

but why is this project kept so secret by modi?

They talk of first phase.What all towers r they planning to build in phase 1??

They talk of first phase.What all towers r they planning to build in phase 1??

Probably small towers with 15-30 floors. In fact in Ahmedabad there is no building which is more than 15 floors.

^^^^i remember there were some packages[package x,y,z,p,q...]
So r they following the pattern or building something new??

New presentation been uploaded
http://giftgujarat.in/documents/GIFT_Corporate_Presentation%20_New.pdf

Somebody above mentioned that construction of two building of 13 floor will be started soon. It's not 13, Sudhir Mankad said it's 30 floor.

I hope they stay away from the 10-15 story buildings. Or at least keep the design modern.
Last thing we want in this amazing project is another retro-Mumbai heritage but ultra-ordinary look of the Marine Drive skyline of the 80s and 90s.

http://www.indianchild.com/images/marine_drive.jpg

I guess we have to keep our fingers crossed until this project begins to take shape.

I recently went to the GIFT City site.Although they do not allow visitors the road leading to the site is dotted with many signposts.Here are some pics:
https://lh3.googleusercontent.com/-nm_T6C61wcw/Ta6LI0opPTI/AAAAAAAAACE/jBPYehhKs1I/s128/P3040324.JPG
https://lh5.googleusercontent.com/-KruwNZuHHoE/Ta6LJe0dD4I/AAAAAAAAACI/QvtHRTjBzhg/s128/P3040323.JPG
https://lh5.googleusercontent.com/-OuD0jT2fnrg/TfG0UDAbguI/AAAAAAAAAJs/aCU980d-g5I/s288/P3040322.JPG

where???

I think he meant here:

https://picasaweb.google.com/102159072778362151641/Apr202011?authkey=Gv1sRgCLD568X90e2Zag#5597564370552438066

where???

Well if Modi is in power it will get completed in another 15 years.Its truly a magnificent project.

A little old dated on 15th April

Gujarat has been on the forefront among states in providing environment clearances to various infrastructure, power and development projects. Over the past three years, over 100 projects seeking diversion of forest land for widening of roads in the state have been given approvals under the Forest (Conservation) Act, 1980.

To initiate the ground work of GIFT, the Gujarat government has obtained various authorizations. With the acquisition of land, the government is working now on its development along the Sabarmati. All necessary clearances to provide 4-lane streets, sewage, drinking water, broadband cables for telecommunications, and electricity for the business center are already underway.

Permissions that have been obtained so far include the GUDA Master Plan, Central Civil Aviation department’s clearance, environment clearance and micro-zoning. The government has allowed the highest 3.65 FSI for GIFT, while the Central government will grant SEZ authorization. Permissions are also being sought for phase-3 associated with BRTS. The MRTS permission will be taken care of by Gujarat Infrastructure Development Board.

Given an outlay of Rs 7,000 crores envisaged for providing all the amenities, the Central government has assured Rs 1,000 crores for the city’s development over a period of three years. Eleven different types of study reports, including earth quake-proof buildings and construction of Sant Sarovar for adequate supply of water for GIFT’s unhindered development, have been undertaken.

To sum it all, the GIFT city is a maiden venture in India that beats the viewer with its views, magnificence, aesthetics, blending of cultures, facilities and vastness.

http://www.gujaratvibrant.com/503-gift-city-gets-all-environmental-clearances.html

^^ hold the phone - the centre still hasn't awarded the SEZ permission? GIFT won't get the necessary attraction frm the businesses unless they see a guaranteed SEZ right?

Another problem is Modi will be arrested for his role in gujarat riots.His reign might come to an end.Thats the biggest worry.No one else can have a dedication like him :(

^^ hold the phone - the centre still hasn't awarded the SEZ permission? GIFT won't get the necessary attraction frm the businesses unless they see a guaranteed SEZ right?

SEZ status had been awarded literally years ago. Link (http://articles.timesofindia.indiatimes.com/2008-01-12/ahmedabad/27782251_1_sez-project-bags-global-financial-hub)

Articles all the way through to post #692 reiterate this. So, not entirely sure where the blogger who wrote that "article" got that information from.

Approvals & Clearances
1.
2007-2008 Advance possession of 662 acres of Govt. land out of 886 acres earmarked for GIFT
2.
Jan 07, 2008 Received “Formal Approval” for Multi Service SEZ from MoCI-GOI
3.
July 17, 2008 Approval for supply of 20 MGD water from Narmada Canal
4.
June 17, 2009 GIDB accorded In-principle approval to extending MRTS
5.
Nov 03, 2009 Environmental Clearance
6.
May 21, 2010 Height Clearance by AAI upto 122 mt

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were'nt they supposed to start construction from may 1st ?Any news ??

As per my understanding L&T team has been awarded construction of first tower by ILFS. I did see L&T team setting up site at GIFT. Lately I have no update about L&T team

^^ Yeah, according to earlier articles, L&T had started construction by April 2011.

On the GIFT homepage, RFQ document for School has been added (pdf) (http://giftgujarat.in/documents/final_RFQ_file_School.pdf)

GIFT propose to develop English medium school offering national (CBSE/ CISCE) and International (IB/ IGCSE) curriculum as an integral part of development of GIFT Project.

It is proposed that the school will cater to the needs of the population of GIFT and surrounding areas of Ahmedabad - Gandhinagar region.

The school building should be designed for provision of future vertical expansion. This would be utilized by GIFTCL in future for development of educational institutions.

The detailed scope of work, phasing, implementation plan, role of GIFTCL and the developer would be detailed in the RFP documents.


Timescale re School


Event Description Date

Last date for receiving queries May 25, 2011

Pre-application Conference May 31, 2011

GIFTCL response to queries by June 06, 2011

Application Due Date June 15, 2011

They have also released tender information for

Improvements to Access Road (pdf) (http://giftgujarat.in/documents/Advertisement_of_ROAD.pdf)
Power Substation + Powerline (pdf) (http://giftgujarat.in/documents/Advertisement_of_Power.pdf)

Opening of bids is end of June for both

^^ This is an excellent development - the planners have got it right - building the core infrastructure first. I'm surprised there isn't any sewage notification tenders out yet - I'm guessing with the fractal water communication, sewage and drainage tenders would be co joined with the water works.

This is how work goes while building any big project.Developed countries also follow the same.Happy to see it in INDIA

check out facebook page of GIFTcity.there is some good update :)

^^ Here is the link.
http://www.facebook.com/pages/GIFT-City-Gujarat/114912895242759

http://www.business-standard.com/india/news/first-phasegift-city-to-be-completed-by-2014/432386/
The above article in Business Standard says that atleast 2 towers will be ready by 2012.

3 Labourers killed in GIFT (http://www.dnaindia.com/india/report_three-labourers-killed-in-gujarat-international-finance-tec-city_1558130)

Three labourers were killed and nine others were injured at a construction site in Gujarat International Finance Tec-City (GIFT) near Gandhinagar.

The incident happened on Wednesday when a wall of a deep pit gave way. Sources said that the wall collapsed due to a mistake made by the driver of bulldozer. GIFT is an upcoming world class financial service hub at Shahpur Village near Gandhinagar.

The labourers were busy digging the pit when at 11am one of the side-walls of the pit caved in and buried the labourers, Dabhoda police said. Those who were killed in the mishap were identified as Lalshankar Mina, 19, a resident of Rajasthan, Harisoni Satnami, 26 and Dharmendra Gaud, 25-both resident of Chhattisgarh.

The pit was being dug to construct a water tank in the GIFT. Police and jawans of fire service reached the spot and shifted the injured to a nearby hospital. Dabhoda police have registered a case of accidental death.

^^ This is an excellent development - the planners have got it right - building the core infrastructure first. I'm surprised there isn't any sewage notification tenders out yet - I'm guessing with the fractal water communication, sewage and drainage tenders would be co joined with the water works.

There are a couple more tenders available

Pipe Network for Bore Well Connection for Construction link (pdf) (http://giftgujarat.in/documents/Pipe_Network_for_Bore_well_Connection_for_Construction_Water_Arrangement.pdf)
Bids Open 06/07/11
Est Completion: 6 Months


Raw Water Pumping Station and Network link (pdf) (http://giftgujarat.in/documents/Raw_Water_Pumping_Station.pdf)
Bids Open 07/07/11
Est Completion 2 Yrs (Construction)

Three people died and two others were injured when a wall collapsed on them at an under-construction site at Gujarat International Financial Tec City (GIFT) in Gandhinagar on Wednesday morning.

“Three labourers working at GIFT city were killed when a 20-ft high under-construction wall collapsed. The incident occurred at 11.30 am,” said Sub Inspector A R Modiya of Dabhoda Police station who is investigation the case. A 30-storeyed building of Larsen & Toubro will come up at the site where the unfortunate incident took place.

“The wall was newly-built. Vibrations of the machines running all around might have caused the sudden shattering of the wall,” said A K Trivedi, security officer at GIFT city.

Those who died have been identified as: Lal Shankar Meena, 19, Dhanendra God, 22, and 26-year-old Hiri Soni. The deceased were migrant labourers from Rajasthan and Chattisgarh. They breathed their last in Gandhinagar Civil Hospital.

http://cms.mumbaimirror.com/portalfiles/28/3/201106/Image/2011-06-23/10-1.jpg

^^ Sad to know that GIFT had to come in the news due to unfortunate loss of lives .

http://timesofindia.indiatimes.com/city/ahmedabad/Realty-boom-in-babu-town/articleshow/9080968.cms

GANDHINAGAR: For over four decades, Gujarat capital was best known for its boring babudom, laid back bazaars and identical buildings. A planned city, many considered Gandhinagar fit for life post-retirement.

But, one of the greenest areas in the country, Gandhinagar has come of age. Real estate market hasn't been more buzzing here thanks to projects like Gujarat International Finance Tec-City (GIFT) and a number of educational institutions that have cropped up on the outskirts of the city.

Around 20 educational institutions including centres of excellence are being developed here. Gandhinagar Urban Development Authority (GUDA) has also proposed 12 town planning schemes in last five years.

Besides, development of InfoCity, IT SEZs by Raheja and TCS have spurred realty. Large banks like ICICI is planning to move substantial part of its operations to Gandhinagar. Such projects have made way for professionals to come and stay in the city, which was known as babus' home.

Land prices reflect are an important indicator to the development. Prices have increased by up to 10 times in last five years from Rs 50 lakh a bigha to Rs 5 crore. Five years ago, a 2-BHK flat was avail-able at Rs 7 to 10 lakh even within city limits. Now, it doesn't come for less than Rs 20 lakh.

"Over 100 schemes are under various stages of construction in and around Gandhinagar. Most of them are located 5 to 7 km away from GIFT project. Nearly 5000-7000 new units including bungalows, row houses and apartments will come up in next 2-3 years," says Darshan Dave, executive committee member of Gandhinagar Builder Association.

The new development has resulted into influx of people not only from Gujarat but also other states. The industrial estates near Gandhingar including Mansa, Dehgam, Bhat, Gandhinagar - 1 & 2, Kalol, IFFCO (Kalol), Chhatral, and Gandhinagar (SEZ) are also generating housing demand.

Unlike Ahmedabad, most inquiries for housing come from salaried people, says realtor Hemendra Vadher. "Keeping this in mind, 80 per cent apartment are being develop in the range of Rs 18 to Rs 40 lakh. High-end flats are also being developed but in the range of Rs 60 to 80 lakh," he says.

NRIs are also showing interest. Buyers staying in Ahmedabad and other cities of Gujarat are also looking to buy property here for in-vestment purpose.

"Paucity of land in proper Gandhinagar means high rate of proper-ties and very few projects," says Pramukh Patel, who is developing a mall and residential projects just 2 km from GIFT.

At present GUDA is permitting upto 8 storied buildings of 300 metres for apartment on main roads. In the case of inner roads, maxi-mum vertical limit is five storied. Developers have demanded more FSI for inner roads also.

Uninterrupted power, adequate water supply coupled with broad-band connectivity and availability of CNG are added advantages," builder Ketan Dholu.

The entire stretch is strategically located, says Pankaj Kotak, Gujarat head of K Raheja Corp adding, "Airport and railway station are just 15 minutes drive away. Excellent road connectivity and some of the best educational institutions and hospitals are in the vicinity. Moreover, in addition to the prevailing transportation facilities BRTS (Bus Rapid Transportation) and Metro Rail Project have also been planned wherein Gandhinagar and Ahmedabad have been linked."

Man.....Indian construction workers are yet to learn tonnes of stuff....since India is planning to build dozens of skyscrapers and big projects like this all over the place.

And pity those construction workers were so young.

what an inauspicious beginning:ohno:. let's hope it does'nt happen again.GIFT does not need this kind of publicity.

at least due to this we got the first pic of the construction site though it does not show much except that they have
dug for the foundations.

I was on site of GIFT City Entrance. I was not allowed to be in the city but construction is going on in full swing.

For how long can they hide the site? As soon as the towers start to come up everyone is bound to notice them:dunno:

^^ Here is the link.
http://www.facebook.com/pages/GIFT-City-Gujarat/114912895242759

http://www.business-standard.com/india/news/first-phasegift-city-to-be-completed-by-2014/432386/
The above article in Business Standard says that atleast 2 towers will be ready by 2012.

Were'nt blocks P and Q to be constructed first. Maybe the 2 towers that they are referring are the ones in blocks P and Q.

If they are completing 2 towers in 2 years then how are going to complete the rest of the 10 towers in the next two years.:weird:

And the wait for Diamond Tower gets even longer.They are so vague-"The Diamond Tower will come up only in the second or third phase,":bash:

"By 2012" = less than 6 months from now, total of 9 months from start of construction.

Not sure where you calculated 2 years from.

No, but they started ground levelling from 2010, so I included that time too.

Yes, the actual construction seems to have started only about 2-3 months ago.

I read somewhere that temporary shelters were being constructed for 40,000 workers.That's a lot of people !!!

Infosys says it needs 50+ acres, Gujarat govt offers 2 locations

Infosys chief mentor NR Naryana Murthy may not have talked about a campus with the state government, but his company officials who had visited Gujarat in May have demanded at least 50 acres of land for the project. And to meet their requirement, the state government has short-listed and offered them two locations to choose from.

The two plots short-listed by the government are: the plot given to Satyam near Infocity,and another piece of land near GIFT City in Gandhinagar. The land given to Satyam was retuned to the government after scam hit the IT company. This piece of land is spread over 38 acres.

The piece of land near GIFT City is spread over 50 acres and meets the requirement of Infosys. However, it is much more expensive than the Satyam land. Government sources said that they are waiting for Infy's decision on any of the two plots short-listed for them.

Before leaving Infosys, the company's human resource head Mohandas Pai had visited Gujarat in May. "At that time, government officials and Pai spoke at length on setting up an Infy campus in Gujarat. At that meeting, Infosys had asked for at least 50 acres of land," said an official closed to the development.

The official informed DNA that since there was a change in the Infosys management, the decision on the piece of land could not be taken. "Most probably, the Satyam land on SG Highway will be finalised. In that case, the government is ready to give another 12 acres of land adjoining the existing 38 acres," said the official.

The government had given the 38-acre plot to Satyam in 2007, but after the scam the land was returned to the government. "At that time, the cost of the land was around Rs1,100 per square yard.

Now the prices have escalated to anyone's guess," said the official. He said the newly appointed chairman of Infosys, KV Kamath, had informally approved the plan for Gujarat. "We have got an informal confirmation from KV Kamath on behalf of Infosys for setting up a campus in the state. The confirmation says that the company is interested in setting up an export-oriented campus in Gandhinagar," said official. At present, the Bengaluru office of Infosys has more than 400 engineers from Gujarat. "So, for the company, there is not going to be an issue of getting employees after it sets up the campus in the state," he said.

Source : http://www.dnaindia.com/india/report_infosys-says-it-needs-50-acres-gujarat-govt-offers-2-locations_1567621

Aerial shot courtesy Arul Murugan

http://img641.imageshack.us/img641/549/dsc09899q.jpg

What is this image of? Doesn't look GIFT site

If you see Aruls aerial shots of Ahmedabad (http://www.skyscrapercity.com/showthread.php?t=1393702&page=2), it is easier to confirm as he has other shots of where the Narmada Canal crosses the Sabarmati (just south of GIFT)

Anyway, heres an attempt at explaining the orientation

http://img844.imageshack.us/img844/4386/arulmurugan.png
http://img827.imageshack.us/img827/5223/arulmurugan.jpg

Thanks. good work.

But we cant see any construction activities yet

But we cant see any construction activities yet

As of now approach road within GIFT city have been prepared. If you check it again you will see roads with GIFT City (not big).

Moreover, if you check same thing again you will see some ground work done in some particular areas of GIFT city. They are water tanks and other basic structure.

Can't believe these early beginnings are the foundation of a future Dubai-like Metropolis!!!

Yeah...but lets hope they will build according to the initial design plans..if built it will be the worlds best modern marvels

any one know about internal transportation system?

in presentation they mention that the road would be underground unidirection (first in the world) but looks like they changed the plan. now says it will be surface road (4x4 lane).
the road must be under ground at least in gift city.

GJ10 Bhai - any Idea if anything is planned on the other side of the river?

http://img338.imageshack.us/img338/6792/giftlocation2dp8.jpg

Town planing scheme is already done in other side of area(KOBA-RAysan). Mainly residence area. Lots of reserve land for education institution. One of the most expensive area in surrounding with minimum price of 15,000 Rs per sqmeter

Construction is going at full speed for two towers. Huge team of L&T workers at site. I assume target to finish both towers would be before next Gujarat election due end of next year. Current government definitely would want to take benefit of GIFT in next election as development friendly government.

^^
any pics ? .. it would be great to see the work :)

People are not allowed to go in the site. We'll have to wait until the next google imagery comes online

Please find latest images
http://img850.imageshack.us/img850/756/gift9.jpg
http://img808.imageshack.us/img808/7927/gift7.jpg
http://img195.imageshack.us/img195/1696/gift8.jpg

http://img9.imageshack.us/img9/4904/gift6.jpg


http://img195.imageshack.us/img195/4348/gift5.jpg

http://img847.imageshack.us/img847/115/gift4.jpg

http://img6.imageshack.us/img6/2685/gift3.jpg

http://img135.imageshack.us/img135/9346/gift2a.jpg

:cheers: L&T doing the work. Thanks a lot up2009!!