Gujarat International Finance tec-city is one of the biggest megaproject India had ever which is a 50:50 joint venture of Government of Gujarat(GOG) and International Leasing & Financial Servuces Ltd (IL&FS) making it a public-private partnership. The megaproject covers a total area of 500 acres (2 km2) of land, 50% of which will be used for the construction thus making it a green city.
OBJECTIVE : The Project aims at becoming the main hub of financial markets thus competing with other booming markets like Mumbai, Bangalore, Guragaon by providing companies while others are still developing. The project is being planned to be at or above par with presently acknowledged globally benchmarked financial centers such as Shinjuku (Tokyo), Lujiazui (Shanghai), La Defense (Paris) and Dockyards (London). Size-wise too, at over 7.5 million sq. feet of built up space in Phase 1 of the project alone, it is almost twice as massive as in Shinjuku, Luijiazui, La Defense and Dockyards combined. The Projects has invited companies of Singapore who wishes to expand but cannot do so because of the lack of land. Companies like Kotak Mahindra, ICICI has already booked space in it. Following with the five banks, two foreign banks have also shown interests in it.
CONCEPT: The 500 acres project is divided into two parts- 250 acres SEZ i.e. Special economic zone and a 250 acre domestic tarrif area. The SEZ is a physical infrastructure having facilities likes district cooling, electricity, water, gas, roads, telecoms and broadband. The project is slated to provide 400,000 employment opportunities and house 50,000 residents. The project is located next to Sabarmati River which covers 550 acres. The area along the River Bank will be converted into a riverfront recreational area or promenade. The project is providing India’s largest commercial skyscraper which is 400 m long having 80 storeys. Let us focus light on some of the features of this project:
· Electricity: A 1000 MW power grid is designed by ABB group of Switzerland. The electric cables will be underground. The advantage of such type of system is that it will have lower per capita energy consumption than any other metro city.
· Piped Gas: Natural Gas will be distributed via pipes through network of GSPL (which is a state own company for transmission of pipelines), hence it is cheaper and safer than cylinders. This type of system is already used in nearby areas of Ahmedabad and Gandhinagar.
· Communication & Telecom: Internet gateway, Next generation IP-Based network, International fibre landing system will be provided.
· District cooling: A centralized AC system which is called district cooling. The advantage of using this system is it is cheaper, it reduces energy costs, maintenance costs, improves air quality and temperature control, reduces noise and vibration.
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| District cooling |
· Wastage: It is an automated waste collection system (AWS) that works through chute system. The waste is sucked through pipes at 90 km/hr which is then collected and treated through plasma technology. It requires minimum human intervention. It minimizes space requirement and impact on health.
· Transportation: As to achieve the transport vision & objectives, set forth, Public system as Bus Rapid Transit System (BRTS) and Metro rail system connecting the capital city and Ahmedabad has been planned by Government of Gujarat with strong network of roads.
LANDMARKS
1. DIAMOND TOWER: The largest galss and steel faceted commercial skyscraper in India which is 400 m long 80 storeyhaving museum, large conference centre, garden on manmade fortune island. It is designed by a 65 year old company of shanghai East China Architectural Design & Research Intitute which also made world famous Pearl Tower.
While the underground tunnel will lead directly to the 400 m tall massive tower, the two bridges will directly lead to the right and left handside main entrances of GIFT campus.
2. GIFT GATEWAY TOWER: Its built up area is 7,300,000 sqr feet which is located in a main avenue of city. It is 362 m high having terrace gardens, rooftop restaurant etc. This tower drew inspiration from Buland Darwaza. It is located in right and left of Diamond tower and is also called TWIN TOWER.
3. GIFT CRYSTAL TOWER: Its built-up area is 7,90,000 srq metre( 8,500,000 sqr feet), overlooked by Sabarmati River.
4. CONVENTION TOWER: Its structure is inspired by structure of saltcrystal and Mahatma Gandhi’s Dandi March, have opera having seating capacity of 10,000. Its built up area is 6,500,000 sqr feet.
The construction has to take place in 3 phases :
· 1st Phase: Land leveling work is to be done which is finshed. Temporary houses were built for over 11,00,000 + members.
· 2nd Phase: Construction of roads and building bases is to be done which will tale place from 2011-2013.
· 3rd Phase: It is the planned period for construction and commencement which has to take place from 2013-2017.
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