Megaproject: Gujarat International Finance Tec-City (GIFT) -- General Development News and Discussions

Jai · November 29th, 2007, 09:33 AM

Props go to Euromast and Indiansunite for this!

This is a placeholder post, since I don't have the time right now to present the information. First, the posts by Euromast and IU in Ahmedabad -- Projects and Discussions:

Quote:

Originally Posted by indiansunite

^Nice find Euromast! An 80 storey tower is planned!

Quote:

Originally Posted by Suncity in June in the other Amd thread
A mega project for Ahmedabad

http://inhome.rediff.com/money/2007/jun/28gift.htm

Ahmedabad's Tagore Hall, popularly called Town Hall, witnessed inauguration of a plan to develop a financial services city consisting of an international financial city segment, domestic finance city sector, a technology park and an integrated township on Thursday. The project's foundation stone was laid by the Gujarat Chief Minister Narendra Modi in Gandhinagar on early Thursday morning marked by a bhoomi puja.

From TOI :
Rendering of the 80 storey tower:

Its the same building that pops up in their hoarding/banner :

Some info on GIFT:

Shanghai’s ECADI to design glitzy skyline

Quote:

The same firm that gave modern Shanghai its most defining structure in 1988 — the `Oriental Pearl’ or the Pearl Tower as it is popularly known, which at 450 metres is the world’s third tallest and Asia’s tallest building — is designing mega-city Ahmedabad and India’s most distinctive modern structure, the `Diamond Tower’. Come 2010, the diamond faceted signature building of GIFT will not just tower over modern Ahmedabad’s skyline but also put it on the global financial map, streets ahead of Mumbai. The steel and glass structure along with the masterplan of the GIFT project is being made by the 55-year old Shanghai-based East China Architectural Design & Research Institute Co, Ltd (ECADI).
ECADI is...
An architectural services provider.
Has designed nearly 20,000 projects in over 20 countries.
Has bagged over 600 awards.
Has alliances with over 100 foreign design and engineering firms.

Some more info on GIFT:

Quote:

Sick and tired of escalating costs in financial hubs like Mumbai, early movers like ICICI and Kotak Mahindra are already rushing to book space with others expected to follow suit.

ICICI group has acquired a 17-acre plot of land to set up its western region back office hub employing 30,000 persons right next to GIFT at an investment of Rs 1500 crore, even as Kotak Mahindra is learned to have signed an MoU to acquire nearly 2 million sq ft of space at GIFT for its financial services hub. A host of foreign banks, brokerage firms, non-banking finance companies and KPOs too are finding out that’s it makes smart business and finance sense to come to Ahmedabad.

Enthused by the growing business opportunities in this sector, eduational institutions too are gearing up to cater to the tsunami of demand for professionals that is sure to hit Amdavad by 2010 when the first phase of GIFT is ready with nearly 25 million sq ft of space and 1.4 lakh jobs. After all, the mega project is gunning to capture a 6-8% slice of the 800 million sq ft space and 10 million jobs that’s expected to be created for this industry in India by 2020.

Edited to add:

Quote:

Come 2010, when both Gujarat and Maharashtra celebrate their 50th birthday, Amdavad will have its own GIFT that will boast of India’s tallest (300-400 metres) and most distinctive landmark — Diamond Tower — on the banks of Sabarmati at Shahpur village between Ahmedabad and Gandhinagar.
The project, slated to commence construction by March 2008, is being developed by the Gujarat Finance City Development Company Ltd, a 50:50 joint venture between the Gujarat government and Infrastructure Leasing & Financial Services Ltd (IL&FS).

[TOI-Ahmedabad]

Additional information from Official website:
Gujarat International Finance Tec-City (GIFT)

Check out their PDF (download fast!)
Presentation about GIFT

Some more renderings, taken from PDF and website:

Perspective view on the entire CBD:

3 Signature Towers:

I tried to enlarge and clarify the overall master plan rendering:

Please compile any and all information in this thread. I'll compile it in the next couple days to create a presentable post on this project for posting in the international forums.

Cheers,
Jai

Jai · November 29th, 2007, 09:36 AM

BTW, anyone see an interesting resemblance to the Hafeez Contractor's 'Obelisk' vision for Hyderabad?:

arjunhp · November 29th, 2007, 10:31 AM

WTF!!....aaahhh.....what the hell...thats really kewl....hey will all the towers in this image be built!!....
or am i missing something

Arul Murugan · November 29th, 2007, 01:02 PM

Great project for Ahmedabad city and for the state of Gujarat.

Highrise building along Sabarmati river look beautiful in rendering.

Cov Boy · November 29th, 2007, 02:51 PM

Very good and ambitious.

Similar in lines to the project in South India.

Another tower claiming it will be the tallest in India.

cncity · November 29th, 2007, 03:21 PM

This is an awesome project..and the BCD really looks one of a kind for India...and being officially inaugrated, we surely will be seeing some construction activity come march..

Illusionist · November 29th, 2007, 06:56 PM

so are they gonna create that island thing on which dimond building will be built?
BTW will they build all the other buildings in the picture or it is just a borrowed skyline for the sake of the rendering?

Hindustani · November 29th, 2007, 07:01 PM

Great enough. question is will all of them will ever be built?

VaastuShastra · November 29th, 2007, 07:05 PM

Awesome.

Nitro · November 29th, 2007, 11:34 PM

Quote:

Originally Posted by Hindustani

Great enough. question is will all of them will ever be built?

well this one looks kinda serious my friend...i really hope it materialises

shockw4ve · November 30th, 2007, 12:26 AM

Absoultely amazing project for gujarat and india. I hope it gets built

Babji · November 30th, 2007, 01:17 AM

wonderful.
Gujarat is growing in leaps and bounds.
I am sure Gujjus will make it a big success.
Gujjus are a well knit community and have global reach. money is no problem at all.

Quote:

Originally Posted by Jai

Props go to Euromast and Indiansunite for this! ...

Jai

cool. they even have some time line ...

..devil.. · November 30th, 2007, 01:32 AM

renderings are awesome as usual.

harsh1802 · November 30th, 2007, 01:40 AM

Excellent for Gujarat and India!

***IndiansUnite*** · November 30th, 2007, 04:16 AM

Quote:

Originally Posted by Jai

Can you upload screencaps and/or transcript of the whole TOI article (with date/issue number) as well?

Here's a screencap of the full text of the article. There's some rambling about Ahmedabad in the beginning of the article that I didn't post earlier.

^and its from the Nov29th TOI-Ahmedabad edition

Quote:

Originally Posted by Babji

Gujjus are a well knit community and have global reach. money is no problem at all.

Indeed.

Money is no problem for good jews.

Quote:

Originally Posted by Indrajal.com

so are they gonna create that island thing on which dimond building will be built?

No idea. But I am guessing yes.

Quote:

Originally Posted by Indrajal.com

BTW will they build all the other buildings in the picture or it is just a borrowed skyline for the sake of the rendering?

In the pics of the banner, the skyline is borrowed. In the renderings, the buildings are there to depict a typical CBD. The surrounding building designs aren't final though.

Jai · November 30th, 2007, 04:46 AM

Quote:

Originally Posted by arjunhp

WTF!!....aaahhh.....what the hell...thats really kewl....hey will all the towers in this image be built!!....
or am i missing something

The towers that have light reaching upwards will get built. The rest is from a background image, perhaps indicating future clustering of highrises.

By the way, the same designers of this GIFT project -- ECADI -- were the consultants behind that other proposal, the Golden Triangle City Centre (GTCC) in Gurgaon, NCR, to be topped with four 140-storey towers.

Now that the Ahmedabad/Gandhinagar CBD has finally been realized after months of rumors and talk of 'plans', perhaps the GTCC, reported this August to still be in the works, will soon surface!

Anyway, judging from this perspective:

The 80-storey Diamond Tower will have a pinnacle at 400m, and the twin towers will have a height of 310m:

To put that in perspective, DT will be roughly the equivalent height of Lanco Hills Signature Tower (and thus be in the running for India's tallest) and the twins the height of Mumbai's tallest u/c India Tower (Park Hyatt)

That's incredible news indeed! I only hope it will spur Hyderabad's APIIC Tower and Anantapur's Odyssey Science City -- both who are aiming for the 'India's tallest' record -- to grow even taller!

It's official gentlemen... ITS A SKYSCRAPER RACE!

***IndiansUnite*** · November 30th, 2007, 05:04 AM

Jai, there's another article on Page 1 of the paper which I forgot to post...my bad. The article that I posted above was on pg2

Pg1 article :

A GIFT-wrapped missile at Mumbai!

Quote:

Ahmedabad: Mumbai, pull up your socks. For coming to give you a run for your money is India’s new financial hub of Ahmedabad with its proposed Gujarat International Finance Tec-City (GIFT).

A global hub that will rival the best of global financial centres like Manhattan, Dubai, Shanghai, London or Singapore with a glitzy skyline and the best of infrastructure to boot.

Come 2010, when both Gujarat and Maharashtra celebrate their 50th birthday, Amdavad will have its own GIFT that will boast of India’s tallest (300-400 metres) and most distinctive landmark — Diamond Tower — on the banks of Sabarmati at Shahpur village between Ahmedabad and Gandhinagar.

The project, slated to commence construction by March 2008, is being developed by the Gujarat Finance City Development Company Ltd, a 50:50 joint venture between the Gujarat government and Infrastructure Leasing & Financial Services Ltd (IL&FS).

The 500-acre mega project, that will house a 250-acre SEZ as well, is targeting creation of a total 75 million sq ft built space, nearly 1 million jobs, including indirect employment for six lakh persons and generating a whopping $3 billion exports by 2020.

While nearly 15 million sq ft of the 25 million sq ft space, being unlocked for the first phase, has already been lapped up by international and national biggies, MoUs for another 10 million sq ft are in the pipeline, GIFTCL CEO Sunil Behl told The Times of India.

Chescor Capital of Britain, ORIX of Japan in partnership with IL&FS, Fairwood Associates and Punj Lloyd’s Singaporean subsidiary Sembawang Engineers and Constructors Pvt Ltd have signed up space even as Kotak Mahindra group has signed up 2 million sq ft to bring its financial services and back office operations here. The countdown has begun...

^I've noticed TOI-AMD always rambling in its articles about Mumbai being run by Gujaratis and that Ahmedabad is now going to beat Mumbai at this and that. The article title bears testimony to it

Jai · November 30th, 2007, 05:05 AM

ECADI to plan and design Gujarat's International Finance City

Quote:

A correspondent

East China Architectural Design & Research Institute (Ecadi) has been roped in to plan and design Gujarat's under-construction project called GIFT (Gujarat International Finance Tech-city), to be built along the banks of the Sabarmati river.

The Rs3,000-crore project being built in partnership with IL&FS, and has principle investors like Kotak Mahindra, Chest Core, Punj Lyod, and Fairwood Associates. IL&FS had earlier signed a memorandum of understanding (MoU) at Dalian, China, attracting investment to the tune of Rs5,000 crore in Gujarat.

In its first phase to be complete by 2010, GIFT will be developed on a land area of 500 acres, with a built-up area potential of up to 75 million sq. ft. The next phase will see the development of townships around the city. IL&FS has secured an advance booking for six million square feet in GIFT, near Gandhinagar.

Mr Yao Wen Lin, board chairman of ECADI, committed "to design GIFT to a standard, that would be superior to one in Shanghai, China". ECADI has planned and designed nearly three-quarters of modern Shanghai.

Looks like Gujarat beat Mumbai to the Shanghai punch!

vibs89 · November 30th, 2007, 05:56 AM

Quote:

Originally Posted by Jai

ECADI to plan and design Gujarat's International Finance City

Looks like Gujarat beat Mumbai to the Shanghai punch!

It's already beaten Mumbai lol as you can make out from the render. Anyway I somewhere read before that Narendra Modi had specially visited China in Shangai and Beijing to see how china's developed, infras and etc. And I also remember that Narendra Modi was keen of having city like Shangai in Gujurat.

Jai · November 30th, 2007, 07:13 AM

Guys, I created a thread in the international forum here:

GANDHINAGAR | Gujarat International Finance Tec-City | 400m | 80 fl | 310m X 2 | 200+m x 10 | App

November 29th, 2007, 01:02 PM	#4
Arul Murugan Registered User Join Date: Jun 2006 Location: Salem-Chennai Posts: 14,801 Likes (Received): 877	Great project for Ahmedabad city and for the state of Gujarat. Highrise building along Sabarmati river look beautiful in rendering. __________________ Click on----> Enchanting Tamilnadu Tamilnadu Cities Projects Chennai Cityscapes Salem Pictures Chennai Projects Arul's Chennai \| Hyderabad \| Ahmedabad \| Delhi Aerial Pictures அருள் முருகன் தமிழ்நாடு/இந்தியா

November 29th, 2007, 03:21 PM	#6
cncity Registered User Join Date: Feb 2005 Location: Toronto Posts: 3,341 Likes (Received): 7	This is an awesome project..and the BCD really looks one of a kind for India...and being officially inaugrated, we surely will be seeing some construction activity come march.. __________________ The only 2 animals that can see behind itself without turning it's head are the rabbit and the parrot ~~~~~~ Pune, India ~~~~~~ North Mumbai, India ~~~~~~

November 29th, 2007, 06:56 PM	#7
Illusionist India under construction. Join Date: Jun 2007 Location: All Posts: 3,936 Likes (Received): 234	so are they gonna create that island thing on which dimond building will be built? BTW will they build all the other buildings in the picture or it is just a borrowed skyline for the sake of the rendering? __________________ kabacreations

November 30th, 2007, 01:40 AM	#14
harsh1802 MAVerick Join Date: Apr 2006 Location: Hyderabad/Houston Posts: 6,713 Likes (Received): 11	Excellent for Gujarat and India! __________________ Harsh's Photo Thread / Bharadwaj's mini South India Trip Webcams Thread / Hyderabad Cityscapes "We are all atheists about most of the gods that humanity has ever believed in. Some of us just go one god further." - Richard Dawkins

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November 29th, 2007, 09:36 AM	#2
Jai ॐ शान्तिः शान्तिः शान्तिः Join Date: Jan 2003 Location: Haleiwa, Oahu, HI :. Waianae, Oahu, HI :. DETROIT, MI Posts: 3,855 Likes (Received): 15	BTW, anyone see an interesting resemblance to the Hafeez Contractor's 'Obelisk' vision for Hyderabad?:

November 29th, 2007, 10:31 AM	#3
arjunhp Registered User Join Date: Jun 2007 Location: Hyderbad / New York City Posts: 115 Likes (Received): 0	WTF!!....aaahhh.....what the hell...thats really kewl....hey will all the towers in this image be built!!.... or am i missing something

November 29th, 2007, 02:51 PM	#5
Cov Boy Cov Boy Join Date: Jun 2006 Location: Coventry UK Posts: 4,083 Likes (Received): 2	Very good and ambitious. Similar in lines to the project in South India. Another tower claiming it will be the tallest in India.

November 29th, 2007, 07:01 PM	#8
Hindustani Registered User Join Date: Jul 2004 Posts: 4,015 Likes (Received): 7	Great enough. question is will all of them will ever be built?

November 29th, 2007, 07:05 PM	#9
VaastuShastra Cats > Squirrels Join Date: Jun 2005 Posts: 8,599	Awesome.

November 30th, 2007, 12:26 AM	#11
shockw4ve Registered User Join Date: Jun 2006 Location: Mumbai.मुंबई Posts: 416 Likes (Received): 0	Absoultely amazing project for gujarat and india. I hope it gets built

November 30th, 2007, 01:32 AM	#13
..devil.. Registered User Join Date: Jul 2007 Posts: 336 Likes (Received): 0	renderings are awesome as usual.

November 30th, 2007, 07:13 AM	#20
Jai ॐ शान्तिः शान्तिः शान्तिः Join Date: Jan 2003 Location: Haleiwa, Oahu, HI :. Waianae, Oahu, HI :. DETROIT, MI Posts: 3,855 Likes (Received): 15	Guys, I created a thread in the international forum here: GANDHINAGAR \| Gujarat International Finance Tec-City \| 400m \| 80 fl \| 310m X 2 \| 200+m x 10 \| App