GUJARAT INT'l FINANCE TEC-CITY (GIFT) | Block Package Q | 33 fl x 3 | 29 fl x 2 | U/C

[reshapco]

Just look at Q I, on the left side (in impression) there has to be (3+2) blocks while on right side, it is (6+2).

Now compare it with actual construction. On left side its just 4 blocks while on right side its 6 blocks.

Although there might have been change in some design, what is confusing is how they will make the lines middle of the block. There is not a accurate gap.

@Regarding Block Q II, I am totally confused due to concrete wall. Only insiders knows truth.

[gandhi.rushabh1992]

Perhaps the alignment of the glass panels is not with respect to the alignment of the columns of the tower... it is possible. QC2 is a total mystery.

[C-DAC]

Ya, its really difficult to understand that how they will put cladding acording to renders. May be plans of interior layout of tower helps a bit...

[CivilEngineer079]

Thanks reshapco

They have also used concrete in QC1 instead of glass panels on left side of the tower.

I think that they will use glass panels on road side only.

[dunefreezer]

I'm sure they will clad the concrete walls with glass......I have seen this case many times.

[azzi282]

for example:

Originally Posted by Coolguyz

[dunefreezer]

Exactly!

[bhargavsura]

27 floors up on one of the towers. They should be able to top it off by august 15.

[reshapco]

Probably to hide people doing toilets ?

[gandhi.rushabh1992]

X-posting from main thread:

Vibrant Gujarat, polls put GIFT City on fast track

The first two 29-storied towers will be ready before schedule by Jan 2013; they would be showcased to global business houses during investors summit


LINK





Road laying in process



With Gujarat assembly election approaching fast, most of the projects in the state have been put on fast track. One of them is Chief Minister Narendra Modi’s pet — Gujarat International Finance Tec-City Ltd (GIFTL).

According to well placed sources, GIFTL will be ready with the state’s two tallest buildings by December 2012 and January 2013 respectively.

The 7 lakh sq feet each buildings will accommodate financial institutions, banks, insurance companies as well as national and international consultants. The two buildings will have an initial investment of around Rs 1,100 crore and will generate jobs for 5,000 to 10,000 people, added the source in GIFTL.

GIFTL proposes to develop 1 crore sq ft space in the first phase within three years. Construction of some infrastructure and the two buildings began in June 2011 in the phase. It was expected to be ready in three years, but is likely to be completed earlier. Said GIFTL Director Ramakant K Jha, “We had planned to complete both buildings in January 2013 and March-April 2013 respectively. Because of proper logistics we are able to finish the work well in advance.”

The two buildings have 29 floors each. GIFTL’s aim is to showcase its work to the national and international delegates of Vibrant Gujarat Global Investor’s Summit-2013. The company has also planned an international conference on GIFT City premise with a view to attracting more players to be part of the highly talked about project of India.

“If the two buildings can fetch an initial investment of around Rs 1100 crore, just imagine the scale of the entire project,” said Jha, adding “there will still be space available to sell and we are confident of convincing more companies to acquire space in GIFT.”

On the response of information technology companies, Jha said, “We are getting good inquiries but for them we will build 10-12 storied building with large floor areas. IT companies require large floors with an average of 300 people working on reach floor. Hence, we are in the process of developing such buildings, too.”

Gujarat government has earmarked 886 acres of land for GIFT project; of this, 673 acres is in possession of GIFTL. Also, memoranda of association worth Rs 11,700 crore was signed during Vibrant Gujarat Global Investment Summit-2011 with seven agencies.

The company has decided to develop the entire project in three phases. Phase I consists of 10 million sq ft, Phase II of 22 mn sq ft and Phase III of 30 mn sq ft.

IL&FS Township & Urban Asset Limited (ITUAL) of Infrastructure Leasing & Financial Services Limited has taken 7.77 mn sq ft of built-up area in Phase I and the two buildings are part of it.

What’s more in the kitty? GIFT has given development rights to India International Textile Machinery Exhibitions Society (IITME) for building India’s first largest international exhibition complex in GIFT City.

This, according to the GIFTL official, will have occupancy of at least 240 days (eight months) in a year. This means, more international and national players will visit the city which can mull investment in GIFT City or elsewhere in the state.
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[vibrant]

My observation for covered concrete wall is; Ahmedabad weather is very hot, except winter. So, they may have tried to cover buildings from sun heat. Because glass panel reflects more heat compare to concrete wall.

I guess they try to cover buildings with concrete wall where buildings are directly exposed to sun heat (this is green city so they try to save electricity as much as possible). Other sides, where buildings are not directly exposed to sun heat, can receive natural sun light with glass panel.

[bhargavsura]

Not all glass panels reflect heat. They may have to be of certain grades I am assuming. Typically glass (transparent) serve as a boiling pot in houses during the hot days in summer if not covered with blinds/shades/curtains.

[gandhi.rushabh1992]

Here the sun's travels in the southern hemisphere. So the South facing side will get the direct sunlight.

[svindia]

Any info on who is moving in?

[reshapco]

Originally Posted by svindia

Any info on who is moving in?

Wait for VB 2013

[gandhi.rushabh1992]

Originally Posted by svindia

Any info on who is moving in?

IL&FS is sure to occupy an entire floor on one of the buildings.

[up2009]

http://www.business-standard.com/ind...ensept/482065/


Two towers of GIFT City to open from Sept
IL&FS to complete construction of 30 stories buildings by August
BS Reporter / Ahmedabad Aug 02, 2012, 00:23 IST


Narendra Modi government's ambitious plan to create a global financial hub near state capital, Gandhinagar, will get a step closer to reality.

The construction of first two towers (each having 30 stories) at Gujarat International Financial Tech-City (GIFT City) is likely to complete by August-end and the government is planning to throw the towers open for occupants by September 2012.


The opening of much-hyped GIFT city project bears importance especially when the state assembly elections are just round the corner.

"We want to finish the construction work of two towers at the earliest, mostly before September. Once the possession is given, then it is up to occupants to take their own time to move in," said Ramakant Jha, director, Gujarat International Finance Tec-City Company Ltd, a joint venture between Government of Gujarat and Infrastructure Leasing & Financial Services Ltd (IL&FS).

"The construction is in full swing at the site and developers are constructing one floor every week. Already 25 floors have been completed and we are hopeful to open it soon after construction work," said Jha, who has also served as head of transportation and communication at CIDCO - New Town Development Authority of Navi Mumbai.

The two towers are located in the non-SEZ area or domestic service area of GIFT City. However, the government envisages to set up an International Financial Services Centre (IFSC) within the GIFT SEZ.

The SEZ Board of Approval (BoA) had approved the proposal of GIFT SEZ Ltd - in November 2011, for setting up of an IFSC in the notified SEZ near Gandhinagar.

However, the approval is subject to necessary approvals from different regulators in the field of financial services including Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority (IRDA) and other similar regulatory authorities through the Ministry of Finance.

"It is not clear who will regulate the units coming up within the IFSC. India does not have any regulation relating to this. However, a draft of regulations is lying with the government. It is pending to be put up before the union cabinet for final approval. This is causing a loss to the country's exchequer due to a delay in the formation of regulations for units coming up in IFSC in a multi-services SEZ," said Jha.

Central Government would consult the sectoral regulators and notify, the requirements and guidelines for setting up of IFSC in the SEZ area and also the requirements for setting up and operation of units in an IFSC in an SEZ.

Meanwhile, IL&FS is confident to get enough buyers for its two towers.

"Talks are on with some of the Banks and IT companies. About 12 players are likely to finalise to set up office at these towers. They have already visited the site and now will decide on commercial aspect," said an IL&FS official.

IL&FS has invested about Rs 700 crore towards construction and development of the two towers at GIFT. The company plans to invest about Rs 300-400 crore in the current financial year and construct a third tower with about 500,000 square feet of area.

"Our strategy is to built new cities across the country. We target to develop 5 million sqft of area nationally over the next 2-3 years," said the company official.

[svindia]

Originally Posted by gandhi.rushabh1992

IL&FS is sure to occupy an entire floor on one of the buildings.

Thnx.. I haven't seen any big names join the band so little concerned over pumping 500+ crore in to two towers.. Let's hope things work out in time.

[gandhi.rushabh1992]

Originally Posted by up2009

IL&FS has invested about Rs 700 crore towards construction and development of the two towers at GIFT. The company plans to invest about Rs 300-400 crore in the current financial year and construct a third tower with about 500,000 square feet of area.

A third tower

[gandhi.rushabh1992]

There should be a special section for GIFT at VGGIS 13. That ought to bring tenants for the 2 (+1) towers...