亚博体育官网首页

Why GIFT City is indeed a Gift to the nation?
SMART CITIES

Why GIFT City is indeed a Gift to the nation?

GIFT City in Gujarat is India鈥檚 first Greenfield smart city, which will be a business district encasing an International Finance Service Centre (IFSC) and Special Economic Zone (SEZ) for both international and domestic purposes. Situated near Sabarmati River, in Gandhinagar, the GIFT City is located around 12 Km from the Sardar Vallabhbhai Patel International Airport. The city is spread across 886 acres of land comprising Office spaces, Residential Apartments, Hotels, Retails, Schools, hospitals, and clubs, making it a city where you can walk to work. The city is a pure amalgamation of finance and technology.

The concept of GIFT was anticipated during the Vibrant Gujarat Global Investor Summit 2007. Envisaged as Central Business District (CBD), the city was inspired by the success of famous business hubs like Singapore, London, Tokyo, Hong Kong, and Dubai. Initially, the planning and designing of the project were done by the East China Architectural Design and Research Institute (ECADI), the one who orchestrated much of modern-day Shanghai. The city is a planned vertical city, optimizing the land area utilization for development. In the 359 Hectares of land, the city harbors 110 buildings with 5,800,000 m2 of buildup area. In this area, 67% is for commercial, 22% for residential, 11% for social facilities. At present 190,000 m2 of commercial space is operational, while another 280,000 m2 is under construction.

The smart city is meticulously planned to harbor fine features and prime amenities. The 400 MW electricity supply is contrived to be 99.999% reliable. The entire electricity cables are enclosed in the Utility Tunnel in dry areas guarded by thick concrete walls in expendable zones. Each building in GIFT City is an intelligent building, encompassing International Standards. Every public servicing system in each of the buildings has inbuilt intelligence that offers convenience and safety to users. The waste in the city is cumulated and drawn to a processing plant by vacuum chutes installed on each floor of every building. The waste is automatically sucked through underground chutes at a high speed of 90 km/h, and then it undergoes various waste treatment processes like plasma gasification. The city has incorporated a district cooling system. It minimizes the operational cost by 30-40%; further, this also shrinks the need of installing an individual air conditioner in each building.

GIFT City aims to contribute to sustainable development. Around April 2021, approximately 225 companies have started working that has generated employment for more than 1200 people. The economic sector of the city is administered by the financial giants of the country- Axis Bank, HDFC Bank, ICICI bank, etc. An amount of 鈧�10,500 crores has been sanctioned to the smart city. The city would attract foreign investments to our country. It is estimated that on average daily revenues in the overseas trades at GIFT city have dramatically increased from 1.5-2 billion Dollars to 100-200 million dollars.

Several consultants were involved in molding and configuring the smart city. British Telecom is involved in ICT Advisory Services. For market demand assessment, McKinsey & Company will be in charge. ABB Group will look after power management. Hewitt Associates are responsible for talent demand assessment. By March 2024, a metro station connecting Ahmedabad to GIFT City will be operational, this will enhance connectivity. It also ensures smooth transportation facilities that are accessible and safe. Gift City is one of the visionary projects of the government that is believed to bring affluent welfare to the country. Witnessing the current implementation and execution of the smart city, one can say the nation鈥檚 prosperity isn鈥檛 far away!

GIFT City in Gujarat is India鈥檚 first Greenfield smart city, which will be a business district encasing an International Finance Service Centre (IFSC) and Special Economic Zone (SEZ) for both international and domestic purposes. Situated near Sabarmati River, in Gandhinagar, the GIFT City is located around 12 Km from the Sardar Vallabhbhai Patel International Airport. The city is spread across 886 acres of land comprising Office spaces, Residential Apartments, Hotels, Retails, Schools, hospitals, and clubs, making it a city where you can walk to work. The city is a pure amalgamation of finance and technology. The concept of GIFT was anticipated during the Vibrant Gujarat Global Investor Summit 2007. Envisaged as Central Business District (CBD), the city was inspired by the success of famous business hubs like Singapore, London, Tokyo, Hong Kong, and Dubai. Initially, the planning and designing of the project were done by the East China Architectural Design and Research Institute (ECADI), the one who orchestrated much of modern-day Shanghai. The city is a planned vertical city, optimizing the land area utilization for development. In the 359 Hectares of land, the city harbors 110 buildings with 5,800,000 m2 of buildup area. In this area, 67% is for commercial, 22% for residential, 11% for social facilities. At present 190,000 m2 of commercial space is operational, while another 280,000 m2 is under construction. The smart city is meticulously planned to harbor fine features and prime amenities. The 400 MW electricity supply is contrived to be 99.999% reliable. The entire electricity cables are enclosed in the Utility Tunnel in dry areas guarded by thick concrete walls in expendable zones. Each building in GIFT City is an intelligent building, encompassing International Standards. Every public servicing system in each of the buildings has inbuilt intelligence that offers convenience and safety to users. The waste in the city is cumulated and drawn to a processing plant by vacuum chutes installed on each floor of every building. The waste is automatically sucked through underground chutes at a high speed of 90 km/h, and then it undergoes various waste treatment processes like plasma gasification. The city has incorporated a district cooling system. It minimizes the operational cost by 30-40%; further, this also shrinks the need of installing an individual air conditioner in each building. GIFT City aims to contribute to sustainable development. Around April 2021, approximately 225 companies have started working that has generated employment for more than 1200 people. The economic sector of the city is administered by the financial giants of the country- Axis Bank, HDFC Bank, ICICI bank, etc. An amount of 鈧�10,500 crores has been sanctioned to the smart city. The city would attract foreign investments to our country. It is estimated that on average daily revenues in the overseas trades at GIFT city have dramatically increased from 1.5-2 billion Dollars to 100-200 million dollars. Several consultants were involved in molding and configuring the smart city. British Telecom is involved in ICT Advisory Services. For market demand assessment, McKinsey & Company will be in charge. ABB Group will look after power management. Hewitt Associates are responsible for talent demand assessment. By March 2024, a metro station connecting Ahmedabad to GIFT City will be operational, this will enhance connectivity. It also ensures smooth transportation facilities that are accessible and safe. Gift City is one of the visionary projects of the government that is believed to bring affluent welfare to the country. Witnessing the current implementation and execution of the smart city, one can say the nation鈥檚 prosperity isn鈥檛 far away!

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman鈥檚 investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle鈥檚 growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20鈥�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union 亚博体育官网首页 Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat鈥檚 Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement