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

[sash1563]

watch-http://www.youtube.com/watch?v=0gLkVnb9amA

[gandhi.rushabh1992]

As seen in the pic provided by IU, the current block being developed i.e. block Q does not lie in the SEZ zone, while the rest of the area has been granted SEZ status. They are trying to get SEZ status for block P and Q also.

[CivilEngineer079]

Total area of GIFT is 886 acres out of which 261 acres is GIFT SEZ.
Total estimated cost of whole project is INR 375000 crore.

GIFT is now divided into four parts

GIFTCL
GIFTSEZ
GIFTICT
and _____ forgotten

A special tower will be dedicated to GIFTSEZ in SEZ area it will also have a special customs department. No one will be allowed inside the SEZ building except its employees. Even GIFTCL employee cant go to GIFTSEZ office without permission.

If you buy from GIFTSEZ and you want to take it out from SEZ then you have to pay customs duty on it. Your laptop or mobile or any other will be barcoded before you enter to the SEZ.

It is the last SEZ of India and first Financial SEZ of India.

Fencing is provided on the boundaries of SEZ so no person can enter without gate pass and only one gate is provided to enter SEZ area.

In phase1 only there will be 9 towers of 122m height each. All the basic infrastructure like DC (District Cooling), storm water canal, drainage, etc. will be ready in phase1 only.

Cost of DC of phase1 is only 92crore.

Each phase will take 4 years to cover.

After completion of all the towers of 122m height AAI will increase the height limit to some extent.

There is also one good news and two bad news

Good News - New airport for Ahmedabad i.e Fedra is u/c and GIFT City bares 25% of the cost of the project.

Bad News - After 3-4 years Amdavadis have to travel 2hrs (85km) down the way to Fedra just to catch flight for Mumbai

This is very very sad news for Ahmedabad ... After completion of GIFT it will badly destroy the economy of our city as major service sector will be shifted to GIFT. Thus decreasing the economic power of Ahmedabad.

Two bridges on Sabarmati i.e Live bridge and Signature bridge are also their in the project but it will be constructed after some time.

[reshapco]

@CivilEngineer079 Thanks for updates. Never knew about such restrictions on SEZ area.

[murlee]

Why do u say GIFT will destroy the economy of Ahm'd?? I feel in a decade or more, GIFT would get integrated into Ahmedabad mega region or something in those lines.

P.S: I think Banglore also has the airport which is far away from the city.

[CivilEngineer079]

[CivilEngineer079]

Way leading to GIFT SEZ


GIFT Site Office

[CivilEngineer079]

Sorry friends I cant get more pics as photography is strictly prohibited at the site.

[CivilEngineer079]

Originally Posted by murlee

Why do u say GIFT will destroy the economy of Ahm'd?? I feel in a decade or more, GIFT would get integrated into Ahmedabad mega region or something in those lines.

P.S: I think Banglore also has the airport which is far away from the city.

GIFT SEZ will attract more and more finance companies from Ahmedabad, Mumbai, Singapore and all around the world. SEZ means there is no tax inside the SEZ area. A separate government rules the specific area. and as there is tax benefit why any company choose Ahmedabad as GIFT provides all services better than Ahmedabad.

[murlee]

Oh well.. That is true..

[bhargavsura]

In many cases in the US, I have seen roads being built first before any development of houses or commercial structure. Even though there are "roads" here, they are not concrete. Why do they not concretize the roads before any further development?

[CivilEngineer079]

They are already working on the roads. They are expanding the 4m roads to 10m from both the side. i.e from G'nagar and NH8 and also the interior and arterial roads. Concreting the roads will may be the next step and as no layman has to use that roads just now then why waste money for just concreting the roads. They are making 4 lane roads and I think so that it is enough.

[dunefreezer]

Do you know what would be total width of the roads that are planned to serve inside GIFT?

[CivilEngineer079]

GIFT SEZ will also have permission for alcohol consumption but only for foreigners who are inside the SEZ residing in 5* hotels. So, I think so much debated topic that due to dry state IT companies don't show interest in Gujarat is come to a conclusion.
As SEZ will handle only IT and financial companies in Processing Area (PA) 50% of GIFT SEZ. So be ready Gujarat for future IT and Financial hub of India.

[GJ10]

Great updates CivilEngineer!

Really amazed to hear that the Fedara Airport is u/c!? Did you manage to get any more info about that?

From Block Q thread

Originally Posted by CivilEngineer079

QC1
floors - G+28 (122m)
company - L&T
floors completed - 11 completed & 12th u/c
rate of work - initially 9 days/floor but now 7 days/floor
workers involved - 1000 (majority Indians)


QC2
floors - G+28 (122m)
company - ANC
floors completed - 4 completed & 5th u/c
rate of work - after completion of first 5 five floors rate will be 5 days/floor
workers involved - 400(all from Dubai)

Though L&T has completed 11 floors local people bet that ANC will complete it faster than L&T. Because ANC is using latest technologies.

QC2 has also record of placing 1200 cubic meter concrete in just 36 hours. This is biggest mass concreting record in whole Gujarat. Ahead record was of Sardar Sarovar Dam of 400 cubic meter.

There are total 12 passenger + 2 service elevators, so total 14 elevators in each tower.

At every seven floor interval a emergency space will be provided so in case of fire, occupants can go that emergency area.

In case of very very strong earthquake also building can stand for 5 minutes so people can move out of the tower in mean time. So special methods are adopted.

There will be total 4+4 lane arterial road and at central there will be landscaping+Metro and below it there will be a huge hollow corridor to pass cables, water, etc.

Mr. Modi wants to dedicate both the towers to nation on 15th August 2012. So, they are very pressurized for completion of towers till that date.

Again, great info here! Aug15 is about 20weeks away, whether they can meet that deadline remains to be seen, but hopefully we will see some great progressive updates on this thread as they try

[gandhi.rushabh1992]

Excellent CE-079 . They seem to be really in a hurry now, don't they?

Good to see ANC catching up with L&T, and perhaps even surging ahead in future. 5 days/floor is just mindblowing. They are going as fast as Burj Khalifa, Petronas, Taipei 101 etc. So now its a race against time

They were talking about the August deadline when I was there. To quote precisely :- "Bade Saab aane waale hai August mein, unko dono tower GIFT wrap karke dene hai"

What Modi wants, Modi gets !! Remember how AMC constructed the 5 km BRTS stretch to Kankaria in a record 2-3 months, just because Modi had 'requested' to open that stretch before the Carnival.

[gandhi.rushabh1992]

And dude, please share all the info you have about the work on Federa airport. People (including me) are completely in the dark here.

[akku13]

Originally Posted by CivilEngineer079

Total area of GIFT is 886 acres out of which 261 acres is GIFT SEZ.
Total estimated cost of whole project is INR 375000 crore.

GIFT is now divided into four parts

GIFTCL
GIFTSEZ
GIFTICT
and _____ forgotten

A special tower will be dedicated to GIFTSEZ in SEZ area it will also have a special customs department. No one will be allowed inside the SEZ building except its employees. Even GIFTCL employee cant go to GIFTSEZ office without permission.

If you buy from GIFTSEZ and you want to take it out from SEZ then you have to pay customs duty on it. Your laptop or mobile or any other will be barcoded before you enter to the SEZ.

It is the last SEZ of India and first Financial SEZ of India.

Fencing is provided on the boundaries of SEZ so no person can enter without gate pass and only one gate is provided to enter SEZ area.

In phase1 only there will be 9 towers of 122m height each. All the basic infrastructure like DC (District Cooling), storm water canal, drainage, etc. will be ready in phase1 only.

Cost of DC of phase1 is only 92crore.

Each phase will take 4 years to cover.

After completion of all the towers of 122m height AAI will increase the height limit to some extent.

There is also one good news and two bad news

Good News - New airport for Ahmedabad i.e Fedra is u/c and GIFT City bares 25% of the cost of the project.

Bad News - After 3-4 years Amdavadis have to travel 2hrs (85km) down the way to Fedra just to catch flight for Mumbai

This is very very sad news for Ahmedabad ... After completion of GIFT it will badly destroy the economy of our city as major service sector will be shifted to GIFT. Thus decreasing the economic power of Ahmedabad.

Two bridges on Sabarmati i.e Live bridge and Signature bridge are also their in the project but it will be constructed after some time.

After 3-4 years or whenever the airport is ready. we might be travelling in city or just out of city.. as the rapid pace ahmedabad is increasing . i doubt that after 10 years airport will be like 5-10 kms away..

[tryindiffdrugsngirls]

would the electric lines be over head as seen in the pics? or are they just temporary?

[gandhi.rushabh1992]

Originally Posted by CivilEngineer079

There will be total 4+4 lane arterial road and at central there will be landscaping+Metro and below it there will be a huge hollow corridor to pass cables, water, etc.