SkyscraperCity Forum banner
1 - 17 of 17 Posts

3,317 Posts
Discussion Starter · #1 ·

The Financial City is a epitome of Zen philosophy of absolute thinking built with a Zen penchant for perfection.

The Financial City adorns the 50 acres of Devenhalli Development of Greater Bengaluru. Augmenting the value of neighborhood, it creates fourth generation ambience and is all set to become a landmark draped in mind expanding features. Situated right in the IT/BT hub, it is abutted by 45 mtrs and 30 mtrs arterial roads. Devenhalli is coming up as a urban work destination for IT/BT & BPO organisation. The serene area of Devenhalli has rapidly and vastly changed its face and today matches the best suburban cities of the country. Every major corporate house is seeking space here for both commercial & organisational requirements.

The layout of the Financial City is based on Zen geomancy concept with effective circulation and activity patterns wherein all vehicular traffic is restricted to the periphery & no traffic conflicts are within the site. Layout logistics are based on fundamentals of KADO principle with towers representing different stem lengths. Towers are christened after Shin, Soe & Tai as per KADO design principles. Each tower compliments the other in shape, column, line & mood.

Tallest Tower Shin depicts the overall character of the arrangement, Soe Towers compliment & support while Tower Tai provides balance to the taller stems & completes the arrangement. Thus the complex is in line with the IKENOBO geometry.


The Financial City has been designed on fourth generation intelligent building concepts with green environs and stepped plantation geomancy in the authentic Japanese spirit. BAS (Building Automation Systems), illumination levels, material advocation and passive solar architecture have been given the due thought and implemented in the right perspective as per the user requirement.

Technological Prowess - Building Physics

  • Double deck elevator groups
  • Rainwater reclamation system
  • UFAD (under floor air distribution) with radiant cooling in high stress areas SCV (stepped constant volume) or VAV (variable air volume) air conditioning systems
  • IAQ (indoor air quality) sensors


3,317 Posts
Discussion Starter · #2 ·
Salient Features

The Financial City boasts of state of the art tailor made IBMS (Integrated Building Management System) working on the following facets.

  • Luxury hotel with 160 deluxe rooms, banqueting facilities
  • Convention centre with multiple conference centres, an amphitheater with 300 seats capacity & an open air concert facility
  • Shopping spires with malls including bar street with culinary delights
  • Heliport for two choppers
  • Medical centre and sickbays

Contact Details

IFCI Tower, 61 Nehru Place, New Delhi - 110019
Phone: +91-11-4173 2243
Mobile: +91-9911725 197, 9911725 295, 9911725 100
Email: [email protected]

22 Posts
Does anyone know if the road leading to IFCI Finance city will be extended to BIAL? I know that was the intention but then I guess BIAL is yet to give the go-ahead. I had been on this road recently and its a fantastic 6-lane road. Also it looked like excavation was already underway for Finance city.

1,144 Posts
Renders of IFCI Finacial city by Holistics Urban Innovations Pvt ltd


The Bangalore Financial city is an opitome of Eco Design & synergetic concept coming up in the 50 Acre land. Anew paradigm in total sustainble, Ecological design or Eco-Desisgn of our artificial human made environment to integrate with nature. State of the art world class Office Spaces & land use matrix with efficient energy distribution & utilization grid. Approch of bio integration from three separate levels: physical, systemic And temporal.

Facilities in Financial City Banglore

Internatonal Financial Institutions
Gound Floor--Street Retail
Health Care
20 acres of lush green open space
Knowledge Centre
Entertainment and leisure zones
Gateway Tower

Component Facilities

Convenience Stores
Business Services
Book & Stationary Shops
Telecom & Technology
Nursery & Creches
Member Clubs & Institutions
Restaurents & Cafeteria
Art Galleries


1,144 Posts
18 banks to set up facilities at IFCI Financial City

Bengaluru, Feb 20: Eighteen banks, financial institutions and insurance companies are setting up their facilities at the upcoming 50-acre IFCI Financial City at Devanahalli near Bengaluru.

Indian Overseas Bank, Syndicate Bank, Canara Bank, Bank of Baroda and United India Assurance are among those that have taken space in the IFCI Financial City.

IFCI Infrastructure Development Ltd (IIDL), a subsidiary of IFCI, is developing the project that is coming up close to the hardware park at Devanahalli.

Malay Mukherjee, CEO and Managing Director, IFCI, said the first of such facility that may house a training or a back office unit of these banks would be operational in about a year.

He said the Karnataka Industrial Areas Development Board (KIADB) is in the process of handing over 15 acres for the second phase of the project where residential units for the staff working in the Financial City would come up over the next few years.

Mukherjee told reporters that the sale of land in the Financial City has fetched about Rs. 152 crore, while the total costs were about Rs. 135 crore.

IFCI shares ended up 2.65 per cent at Rs. 38.70 on the BSE on Friday.

Further, Mukherjee said the proposed sale of IFCI's 2.65 per cent stake in NSE would be completed by the end of this financial year.

"We are in advanced talks for sale of 1.1 per cent stake in NSE that should happen any of these days. The remaining stake in NSE will be sold off before March 31," he added.

1,144 Posts
More information

18 banks buy plots in Financial City

IFCI Infrastructure Development (IIDL), a 100 per cent subsidiary of Industrial Finance Corporation of India (IFCI), which entered into a memorandum of understanding (MoU) with the Karnataka Industrial Area Development (KIADB) to develop the IFCI Financial City at Devanahalli four years back, has completed the phase-I demarcation.

Briefing reporters here on Friday, IFCI MD and CEO Malay Mukherjee said: “Our duty was to complete the leveling process, provide power and water. We are the lead anchor developer to take care of the infrastructure facility.”

On occupation, Mukherjee said, “We have done the infrastructure development. Now, it is left to individual organisations like banks and insurance companies to start construction. They will decide what type of infrastructure should come up. It is their call.”

He said 18 banks and one insurance company have bought land to build infrastructure like IT hubs, data centres, back office and training centres.

IFCI Financial City is spread over 50 acres. Out of this, 38 acres has been sold to 17 parties, and IIDL has retained four acres.

IIDL spent Rs 135 crore on phase-1 and realised Rs 152 crore through plot sales. For phase-II, the state government is developing a Hardware Park also at Devanahalli. IIDL has been allotted a plot measuring 15 acres by KIADB, which is in the process of being handed over.

IIDL will develop the land for constructing residential units for employees of banks/financial institutions and other organisations located in the IFCI Financial City.
1 - 17 of 17 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.