Significant Potential:
• Financial Services Sector transformed over the last decade
• Sector contributes significantly to the Indian economy
• Employs over 4 million people
• Represents around 5% of the GDP
• Estimated market capitalisation of over US$ 200 billion
• Offers distinct kinds of opportunities across several product markets
“Given India's continued economic growth, the financial sector will grow increasingly larger, with a prospect of 10 to 11 million jobs by 2020.”
Demand For Financial Services In India
“Offshoring industry needs at least five
new ‘Gurgaon’ and five to seven new
‘Pune plus”
“If India builds an International financial
center, with suitable rules and regulations,
the earnings out of financial sector exports
will surpass that of IT”
Percy Mistry, (Fmr) World Bank
Nasscom–McKinsey report
Need For Finance City In India
London
New York
Hong Kong
Singapore
Zurich
Franfurt
Sydney
Tokyo
Dubai
Channel Islands
Luxemburg
9
10
13
12
10
5
8
20
11
60
30
5.2
5.4
5.5
5.2
4.0
5.0
4.0
10.0
N/A
30.0
10.0
Financial Hubs Share Of GDP Jobs Share
Source: IFSL; UK % share
Financial Services Centre’s Contribution
Financial Services Will Continue To Contribute Significantly To The Indian Economy
Core Financial Services
Capital Markets & Trading
IT for Financial Services
ITeS/ BPO for Financial Services
Total
No. of Jobs
(Thousands)
Value add to GDP
(USD Billion)
Market Capitalisation
(USD Billion)
2020 2007
2,750-2,900
7,400-7,600
30-35
240-250
175-190
1,150-1,250
4-5
19-20
0 -1
8-10
6-7
65-75
500-600
2,000-2,200
14-18
100-120
80-90
300-375
175-225
750-850
3-4
25-35
11-16
100-150
3,500-3,700
10,000-11,000
50-75
375-425
275-325
1,600-1,800
Source: McKinsey & Company
*Value Add defined as PAT + operating expenses;
**Includes Institutional equities, investment banking, private equity and hedge funds; does not include retail brokerage which
has a potential of 1 million jobs by 2020
• The sector could provide a
potential 10 to 11 million jobs
• About 800 million sq. ft. office
space
• GDP contribution at rates of 15 to
20 %
• Witness growth of at least 10% in next 10 years
• Have potential to earn both domestic as well as
international income
• Have potential to attract and retain talented
people
India Desperately Needs New Cities Which Can Thrive On Sustainable Sectors…
2 OPPORTUNITY CONSTRAINTS
India is a great Growth Story
Strong Urbanization Trends
with
Which are expected to
But is stifled with
problem of
Infrastructure
Bottlenecks
Crumbling Urban
Infrastructure
SOLUTION
Innovative way to overcome these
constraints
Driven by High Growth Sectors
Setting up Self - sustaining Cities
Which are
TOP OF THE MIND SECTORS
• Auto Ancillaries
• Textiles
• Gems & Jewellery
• Manufacturing
• Financial Services
• IT/ ITES
• BPO/ KPO
DEFINING A SUCCESSFUL FINANCIAL SERVICES CENTRE
A Successful Financial Services Centre Has Six Key Building Blocks:
• Rational legal regulatory framework
• Attractive, sustainable local economy
• Stable political environment
• Highly developed infrastructure
• Strategic geographic location
• Good quality of life
Building A Successful Financial Services Centre
GUJARAT’S STRENGTHS
• Traditional business community
• High growth economy-- >10 % over last five years
• Pool of trained manpower
CAs
Commerce graduates
• Active Capital Markets-- >Gujarat contributes 30% of stock market capitalisation
• Proactive Government
• 43% urban population envisioned to be 50% by 2015
Why Gujarat?
KEY COMPETITIVE FACTOR
• People - Gujarat has an adequate employable pool and offers high potential for
inward migration
• Business Environment - Gujarat has demonstrated successfully its forte of providing
conducive business environment
• General Competitiveness - Overall, the state stands tall
GIFT: A Global Financial Hub
• Globally benchmarked
International Finance Centre
• Strategically located
• Central business hub
0.5 Mn direct & 0.5 Mn indirect jobs
• Targeting Financial Services &
IT/ITeS sectors
• First of it’s kind development in
scale, scope and quality
• State-of-the-art infrastructure
1. National Financial services
operations’ hub
2. Regional/functional headquarters for
financial services players
3. National headquarters for players
4. Private Banking hub for NRIs/
Regional HNWs
5. International microfinance hub
8. Global Hub for IT services for
Financial services sector
9. Global Hub for BPO services for
Financial services sector
6. International commodity trade hub
7. Participation in global capital
markets
Source: McKinsey Analysis
Defined Positioning
Capital Markets and Trading
IT Services
ITeS/BPO Services
GIFT Aspires To Catalyse India’s Largest Financial
Services Potential By Offering World-class
Infrastructure To Attract Top Talent In The Country
To target 8-10%
of financial
services
potential in India
Creation of
1 million direct
& indirect jobs
Up to 90 million sq.
ft. of real estate
office and
residential space
The Concept
Core Financial Services
Financial
services
corporate
centre
Financial
services
operations
Select product
markets
GIFT’s Target Business Segments
Would require about
800 million sq. ft. of
office space all over
India
GIFT aspires to
capture a modest 8%
to 10% share of these
categories
Ancillary and support
services would add
similar job
opportunities
Promoters: Public Private Partnership
&
Infrastructure Leasing & Financial Services Ltd. (IL&FS) Incorporated Gujarat International Finance Tec-City Company Ltd. (GIFTCL) on 21st June, 2007
• Booming demand in
Financial & IT Services
• Sky-rocketing cost of
business operations in
metros
• Unplanned International
Finance Centre (IFC)
AN OPPORTUNITY
• Govt. of Gujarat (GoG)
initiatives
• Fastest growing State
• A premiere institution with
a proven track record
• Pioneer in launching
infrastructure projects on
a PPP model
IL&FS
Government of Gujarat Through
Gujarat Urban Development Company Limited (GUDC)
A PRO-ACTIVE STATE GOVT.
GIFT
Strong Promoters /
PPP
Gujarat: Ideal
Destination
Aesthetics
Global Benchmarking
Integrated Development
Partners in Progress
Strategic Location
Defined Positioning
Gift : Value Propositions
GIFT an Integrated Development
Overall Connectivity/ Transport: • External Connectivity includes
MRTS / BRTS/ Roads • Public-Private Modal Split 90:10
Integrated Residential Development: • Well-planned residential housing
projects • Walk-to-work
Smart Business Environment: • Benchmark office, high-rise district
with landmark buildings
Social Infrastructure: • International Exhibition Complex • Educational Institutes • International and Domestic
schools • State of the Art Hospital • Training School • 5 star Hotels and Business Club
Retail Cum Entertainment Hubs: • High quality entertainment malls • Large river front entertainment development • Over 60% of the green Space
Basic Infrastructure: • Uninterrupted and highly
reliable power supply (99.999%)
• Next generation water & waste management, district cooling
Technology: • Broadband FTTP • WiFi / Wimax • Shared IT Services • Global Connectivity
PROACTIVE URBAN
GOVERNANCE
Global Benchmarking
In terms of scale and sheer physical scope, GIFT is being designed to be at or above par with
presently acknowledged globally benchmarked International Financial Centers (IFCs)
Tokyo (Shinjuku) London (Dockyards)
Pudong (Lujiazui)
Paris (La Defense)
GIFT
Source: ECADI/Fairwood Consultants
Paris (La Defense)
Tokyo (Shinjuku)
London (Dockyards)
Pudong (Lujiazui)
GIFT
Land Area (sq km)
Construction Scale (in mn sq m)
Greenbelt (in thousand sq m)
Height (m)
1.6
2.5
40
200
1.6
1.6
120
250
1.05
1.1
50
250
1.7
4.5
363
490
3.58
8.5
1183
410
Strategic Location
Centrally located in the state of Gujarat in Gandhinagar
12km From Ahmedabad International Airport
On the bank of River Sabarmati
GIFT : A Trigger For Development
• GIFT a much needed trigger for development and not a stand-alone
real estate
• About 3,000 acres earmarked for GIFT Expansion Zone around
GIFT
• Integrated Townships to be developed in surrounding development
zone of 100 SQ KM
• To be regulated by a dedicated Area Development Authority
ensuring singular control for coherent and sustainable
development
Master Plan Area : Gift Will Spur Development In The Region
Integrated Townships
GIDC CONVENTION CENTRE
RIVER FRONT DEVELOPMENT
Knowledge City
GIFT
GIFT Expansion
Zone
GIFT : A Single Window Clearance
• GIFT Urban Development Authority (GIFTUDA) -
constituted for well planned urban development of the
area.
• GIFT Notified Committee - constituted for the better
management at city level.
GIFT Business Structure
Associated Infrastructure, Housing and
Social Facilities
Multi Service SEZ with IFSC Status
Domestic Finance Centre/ Corporate Office/
Trade Centre
GIFT Project
GIFT : SEZ - Area Distribution
DTA
SEZ PA
SEZ NPA
Access Road
Bapasitaram Junction Existing
Shahpur Bridge
Zones Area
SEZ – PA 53.19 Ha
(131.44 acres)
SEZ – NPA 52.25 Ha
(129.10 acres)
TOTAL (SEZ)
105.44Ha (261 acres)
DTA 252.93 Ha (625 acres)
GRAND TOTAL
358.37 Ha (886 acres)
GIFT : SEZ
Fiscal incentives Regulatory freedom
Leading to
• Increased investment; both domestic and foreign
• Increased exports
• Large scale developments
• Low cost manufacturing hubs
• Employment generator for skilled and unskilled workforce
Supportive infrastructure
SEZ
NON-PROCESSING AREA
• Related Commercial and Office Buildings
• Service Apartments & Residential Flats
• Hostels and Restaurants and Food Court
• Business Hotel, Shopping Centre, Retail
Stores and Banks
• Training center for Financial Services
• Medical Centre
• Entertainment Centre/ Theatre
• Post Office, Telephone Exchange, Police
Station, Security, etc.
• Regulators Offices
• International Financial Service
Centre (IFSC)
• International Techno Park &
International Market Zone
• Commodity Exchanges
• Global trading exchanges
• Insurance
• Offshore Banking
• IT/ ITeS
• KPO/ BPO services
• Data Centre
PROCESSING AREA
Multi Service SEZ - Processing Area & Non Processing
• Schools (International and CBSE)
• Clubs
• Hotels
• Convention Centre
• Exhibition Centre
• Hospital
• Training Centre (Language School)
• Low Income Housing
SOCIAL FACILITIES
• Domestic & International Banking
and Insurance Enclave
• Domestic & International
Technology Enclave
• Domestic & International Exchange
Enclave
• Domestic & International Corporate
Enclave
• Diamond Tower
• Global Trade Center
ENCLAVES
Enclaves And Social Facilities
GIFT: Master Plan
Access Road
Bapasitaram Junction Existing
Shahpur Bridge
Building Use Commercial : 67% Residential : 22% Social : 11%
Total Area : 3.6 sq km
BUA : 62 mn.sq.ft.
Additional 30 Million to be developed after removal of height restriction by AAI
Tapas Udyan
Udyan Path
Diamond Tower
Package- Q
Metro Stations
Samruddhi Sarovar
Hospital
CBSC & International
Schools
International Exhibition & Convention
Centre
GIFT Infrastructure – Physical and Social
Integrated infrastructure for better diversity
Technology ensuring energy conservation
All utilities /services to be coordinated through single agency
INFRASTRUCTURE FACILITIES/ SERVICES o Site Development
o Roads and Transportation
o Water Systems
o ICT
o Power Generation and Distribution
o District Cooling System
o Domestic Gas Distribution
o Waste Management Systems
o Landscaping
o Maintenance Systems
Transport Vision
• High share of public transport
• Conflict free traffic movement
• Transit oriented development
• Combination of external and internal
mass movement systems to achieve the
transport hierarchy
• Intelligent Transport System
• Aiming for a zero-accident city
• Multi Level Car parking along Arterial
Roads
• Pedestrianised Oriented Internal
Movement
Grid of six external gateways
from NH-8 and State Highway (Connecting to various areas
of Ahmedabad and
Gandhinagar)
Bus Rapid Transit System
(BRTS) to GIFT
Metro Rail Transport System
(MRTS) to GIFT
Multi Modal Transport Hub
External Transportation
Ahmedabad Airport
Gandhinagar
GIFT
External Road Connectivity
BY GOG- UNDER PROGRESS
Existing Bridge
Southern Bridge
Road -IA
Road -ID
Road -IB
NH-8
To
wa
rds
Ra
tan
pu
r
Internal Transportation
MRTS corridor
Major Road Arterial Road Sub-Arterial Roads
Walkability
through travellators
500 mtrs
Walkability
through travellators
MLP-2
Processing Area -SEZ
Non-Processing Area -SEZ
MLP-1
MLP-9
MLP-4
MLP-8
MLP-6
Package- Q
• Total Parking Requirement of GIFT City- 1.2 lakhs ECS
• No. of Car Parking in MLP – 60,000 car parks
MLP-5
MLP-3
MLP-7
Multi Level Parking (MLP)
GIFT’s
GIFT MLP-2
E-1
Interactive road maps
Road condition system
Automatic vehicle location and tracking
Real Time Travel Response Parking Management
Transit Node Management
Ridership analysis Accident reporting Safety management Asset Management Vehicle emission monitoring
GIFT
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
SMART Transportation
GIFT- Road 8C
GIFT
Nabhaoi Pumping Station
Water Transmission
Pipeline
Gandhinagar
RWPS and Transmission Mains
Master Balancing Reservoir
WTP
STP
River Crossing
Pumping Station
Water Infrastructure
Raw Water
from Narmada Canal
Reservoir
WTP
STP
Waste Water
Filtered Water
Waste Water
Water with sludge
Waste Water
Waste Water
Makeup for Water Bodies RO Plant
Domestic
Uses
Cooling Tower Flushing Tower
Horticulture Softening
Plant
Quality Water- can be drunk
from any tap
Storage of surface run-off &
rain water
Approach towards making
the project water neutral
Utility Monitoring
Metering
Controllers
Leak Detection
SMART Water Infrastructure
Drink from Any Tap
District Cooling System
Total Cooling Load - 2,70,000 TR
• Efficiency through economies of scale
• Reduces energy costs
• Reduces maintenance costs
• Improves air quality and temperature
control
• Reduces noise and vibration
• Conventional AC System not required
• Monitoring District Cooling Plant System
• Simulation of cooling/energy
requirements
• Analyze interface with distribution/usage
for both the supply and return elements
• Evaluation of extensive economic
scenarios
• Safety Management, Emergency response
DCS Control Centre- Smart Infrastructure
Solid Waste Management
• Maximise resource recovery / minimal emissions
• Minimise impact on environment, human intervention, space requirement, impact on health hazard
• No waste visibility
• Power neutral
Automatic Collection, Transportation and Segregation System
1. The waste is thrown into a disposal chute
2. Computer controlled access
3. Waste sucked through pipes at a speed of 90 km/hr
4. Treatment through plasma gasification
1
3 2
1 • Monitoring E-Waste;
Bio-medical, Hazardous
Waste handling system
• Monitoring Central
Waste Handling Facility
• Monitoring Residual
Waste handling, rejects
• Safety Management,
Emergency response
Collection from Building
Collection from Public Places
Separate Collection Pits
Automated Solid Waste Management
Utility Trench
Co
llec
tio
n
Tra
nsp
ort
atio
n
Segregation & Treatment
Power Infrastructure
Underground cabling for power distribution within GIFT
Substation and Distribution Automation
Indoor Substation
1. Gas Insulated Switchgears(GIS) substation for sub-transmission and distribution within GIFT
2. Compact substation (CSS) in building
Total Power Requirement- 750 MVA (from dual source)
Emergency Power generation (Gas Based) - 200 MW
Green Power
Reliability – 99.999% which means outage of 5.3 minutes/annum
Power Control Centre
• Power supply monitoring
• Power loss minimization
• Grievance redressal system
• Power consumption and efficiency monitoring
• Emergency Power supply monitoring
Utility Trench Details
Access to Trench Ventilation & Lighting Fire fighting
AWCS
DCS Supply DCS Return
STP Treated
Raw
water
Raw water
Fire
Control
Cables ICT Cables
DCS Blowdown WTP Treated
Power
Cables
Power
Cables
GIFT Vision Create a world class financial city by offering an unrivalled business
environment to global and local financial services enterprises.
Create leading-edge infrastructure, services and platforms and offer
financial services enterprises a significant competitive advantage to
operate regionally and globally
GIFT ICT
“Best in Class”
Customer Experience
Gateway to Financial
Markets
Secure & Resilient
ICT Environment
Cost-effective ICT
Pre-enabled on demand Infrastructure
GIFT ICT Vision
GIFT will exceed the ICT capabilities of comparable cities
Source: Study by British Telecom
All Fibre Trading Platform
Sub Sea Connectivity
Data Centre
Mobile/ Wireless
Poor Reasonable Excellent Not Applicable
12
1 GIFT
2
3
4
5
6
7
8
9
10
DIFC
DIC
SONGDO
New WTC – New York
Canary Wharf - London
Pudong - Shanghai
La-Defense Paris
Singapore
London Stock Exchange
Triple Play Smart
Buildings Faster Set-up
Competitive Service
Provision
11 New York Stock Exchange
Tokyo
Overtaking "Place"
ICT Vision
GIFT Occupants would have access to following ICT Services
GIFT ICT Vision
• High Speed Fibre
• Network
• Diverse Local and
International
Connectivity
• Pervasive
Wireless and
Mobile Network
• Data Centres
• Financial Extranets
• CUG to Exchanges
• Voice
• Industry Specific
Platforms
• City e-Portal
• Sensor Networks
• IPTV Internet Gateway
• Data
• Voice
• Wi-Fi
• Tier-4 Data Centres
• Business Continuity
• Security
• High Speed Internet
Access
• Monitoring
INFRASTRUCTURE PLATFORMS SERVICES
Vision:
“Identify the defects and rectify it, prior to user noticing the problem”
Objectives • Integration of building, technology and systems
• Energy Management and optimization of costs
• Enhancing facilities operating efficiency
• Real time performance
• Ensuring user safety, security and comfort
Smart Vision- Safe and Smart GIFT
City Control and Command Center (C4)
Control Center (Transport)
Control Center (Water)
Control Center (SWM)
Control Center (DCS)
Control Center Building Package-A
Control Center Building Package-B
Control Center Building Package-C
Control Center Building
Package-nth
Security & Vigilance
Control Center
Central Command & Control
• City Command Center would take critical live feeds from all Control Centers • Enforce Control Centers to take remedial actions in case of emergency
City Command and Control Centre (C4)
• City Command Center would take critical live feeds from all Control Centers • Enforce Control Centers to take remedial actions in case of emergency
HOTELS & CLUB
• 5 Star category Hotels
• Total 300 + 300 rooms (total 2 Hotels)
• Business Club (with 20 rooms)
Proposed Location of Hotels
Narsee Monjee Educational Trust-
School
Around 2000 Students
Facility- Language school, Music School, Training
centre for skill development, canteen, Cafeteria, Sports, Auditorium/Theatre, Internet facilities.
HOSPITAL
• Medical Zone, Nursing Hostel and
Doctor’s Residences
• Total 214 beds
Proposed Location of Hospital
Proposed Location of Schools
Social Infrastructure
Picturesque Landscape
• Each open space to have a
distinct identity and name
• Hierarchy of open spaces
• Streetscape defining roads
• Pleasant walking experience
• Forum for social interaction
The central Axis – Boulevard Building/ Terrace greens
Interactive water features
Green plazas (Activity Nodes)
Urban Character
• Activity nodes interconnecting
buildings and enclaves
• Active street frontage
• Planned space to street vendors
• A.C. elevated walkways
• Humanization of spaces
• Delightful vistas
• Food streets & street bazaars
Grand Plazas
Pedestrian friendly
Golf Course- A Driving range and 9 holes golf course
Urban Features of GIFT
• Cafeteria
• Easy Shoppe
• Recreational amenities
• Gymnasium • Exhibition Hall • Convention Centre • Golf Course • Clubs • Sports facilities
24x7 facilities at door step
World class convention centre
High end showrooms
Cafeteria
Active retail spaces
Sports Complex Gymnasium
Urban Life of GIFT
• Samruddhi Sarovar (Master Balancing Reservoir)
• Food courts: Restaurants, Eateries, Dining • Gathering spaces for concerts and events,
Promenades • Water sport activities • Retail Facilities • Walkers paradise: jogging track, viewing points • Light and Sound show, Fountains, Water Shows
Samruddhi Sarovar- An Entertainment Zone
• 110 Buildings
• 2 Landmark Buildings (Height- above 350 mt)
• 19 Buildings (Height- 150 mt to 300 mt)
• 73 Buildings (Height- 100 mt to 140 mt)
• 2 Schools – International and Domestic Board
• 214 Bed Hospital
• Hotels (5000 rooms)
Buildings in GIFT
24% saving on building management system
4.5% saving on total build cost
36% saving on operational expenditure
Provide a technologically advanced
financial services gateway to national
and global financial markets
Create an “integrated city” blueprint
Create global customers
Immediate Emergency Response for
Disaster/Crisis Management
Enables creation of GIS platform for
monitoring of services
Wide range of connectivity
Intelligent Buildings
GIFT Intelligent Buildings
Fire Safety Measures
State-of-the-Art Fire
detection System
Adequate Provision in the building for quenching of fire
Provision of adequate logistics and fire fighting system at city level conducive to high-rise building
Adequate and effective evacuation system
Trigger controlled
manually at Building and
by Central Command and Control Centre
Building 1 Building 2
Town Services Management
Town Services
Management
Physical Infrastructure
Social Facilities
Administration Environment
Record
keeping
User relation
ODAS is the unique and innovative way of automatic scrutiny of building proposal by reading CAD drawings.
Manual reading of drawings
Complex rules/Bye
laws
End-to-end traceability
Information not aligned
Inadequate citizen
interface
ODAS for enabling citizen centric building plan approval through innovative technology
ODAS: Online Development Approval System.... (1/2)
Online development approval system
D.C. regulations
UDAS parameters
National Building
Code
Approval processes
To be contracted out by GIFTCL inducting
latest technology
Implemented through a series of entities /
agencies to provide a seamless framework.
Each SPV would be self-sufficient on a stand-
alone basis. As a strategy, the Company would
consider taking a stake in some of the SPV’s
Objective to plan, design, develop, finance, construct, operate and maintain the GIFT Area
GUDC IL&FS
GIFTCL
Buildings Infrastructure
GIFT SEZ Limited
GIFT District Cooling Systems Limited
GIFT Water Infrastructure Limited
GIFT Waste Management Services Limited
GIFT Power Company Limited
GIFT ICT Services Limited
Development Rights
provided under a
Development
agreement
Development
guidelines provided as
per GDCR and UDAS
Unique opportunity for
developers to redefine
their destination
Urban Design and
aesthetics to be
maintained Developers
Joint Venture Agreement
Consultants, Experts
GoG
GIFT Development Framework
PHASE 1: Infrastructure
Physical Infrastructure
under implementation
• Roads
• Water supply
• Sewerage
• Power Supply
• Solid Waste System
• District Cooling System
• Utility Trench
• Information Communication Technology (ICT)
• Arboriculture and Landscaping
• Multi Level Parking (MLP)
Real Estate Development
Development Rights
Illustration Purpose Plot/ Enclave Boundary
Building - 1
Footprint size 30 m x 60 m
Built-up Area-
1 Mn SQ
Building- 2 BUA- XY Mn Sqft
Building- 3 BUA- XY Mn Sqft
Building Footprint Building Footprint
Building Footprint
DEVELOPMENT RIGHTS for the Built-up area are sold to developer.
Building footprint and built form are given to Developer to maintain the URBAN DESIGN character of the city
Road
GIFT ONE Tower No of Floors: 28 Height: 122 mtrs
Commercial Towers- GIFT ONE and GIFT TWO by IL&FS
GIFT TWO Tower No of Floors: 28 Height: 122 mtrs
Project Studies…1
Sl. No. STUDY STATUS
1. Real Estate Market Assessment COMPLETED
2. Surveys & Investigations COMPLETED
3. Topographical Surveys for 3000 Acres surrounding
GIFT Project COMPLETED
4. Environment Impact Assessment COMPLETED
5. External Road Connectivity to GIFT for R&B COMPLETED
6. River Hydro Modeling Study COMPLETED
7. Aeronautical Study by International Civil Aviation
Organization (ICAO) for high-rise clearance COMPLETED
Sl. No. STUDY STATUS
8. Demand Assessment Study for Convention Center COMPLETED
9. Satellite Imagery based around GIFT COMPLETED
10. Information & Communication Technology (ICT) COMPLETED
11. Seismic Study for GIFT Project COMPLETED
12. Fencing of Project Area COMPLETED
13. Peripheral Earthen Road/Bund COMPLETED
14. Site Leveling & Dressing COMPLETED
Project Studies…2
Project Approvals & Clearances……..(1/2)
Environment Clearance
Environment Clearance (EC) was procured for entire Project with the help of IL&FS Ecosmart Ltd.- November 03, 2009
Height Clearance
Aeronautical study – by International Civil Aviation Organization (ICAO)) through Airport Authority of India (AAI)
Height Clearance upto 122 m- procured for entire project- May 21, 2010
Notification of Multi Services SEZ
Focusing on Financial Services
August 18, 2011
Approval of IFSC
In the notified sector specific SEZ for “Multi Services”
November 28, 2011
Project Approvals & Clearances ……..(2/2)
In-principle approval for extending MRTS to GIFT
June 17, 2009
Notification for change in Landuse Plan with specific building regulation for Project
October 20, 2011
Allocation of 30 MLD Narmada Water to GIFT City
February 23, 2012
S.No. Description Month & Year
1 Launch of Phase – 1 (10 mn. Sq.ft ) Jan,2011
2 MoUs worth 11,700 crores signed during Vibrant Gujarat 2011 Jan, 2011
3 MOA with IL&FS for Development of 7.77 mn. Sq.ft in Phase -1 ( Commercial/ Residential & Social Facilites)
Mar, 2011
4 Master Plan Completed
5 Pre-Construction Activities: Site Leveling & Dressing , Access to Site, Site Office (Temp)
Completed
6 Construction activities of two High rise commercial buildings by IL&FS Ongoing
7 Infrastructure works -Road, water, power, Street lighting & area lighting and DCS
Ongoing
8 Multi Services SEZ, focusing on Financial Services Notified Aug ,2011
9 Order of Demarcation (KASEZ/DCO/GIFT/08/2010-11/753) for the Processing and Non-Processing area of GIFT SEZ.
Dec, 2011
10 SEZ First Unit Approval Feb 2012
11 Allotment to IITME for development of International Exhibition Center,
March 2012
Project Milestones
Business Opportunities in GIFT….. - Infrastructure Development
- Participation in development of infrastructure and Social facilities - District Cooling System - Power Generation & Distribution - Multi level Parking Complex - Water body with entertainment facilities - Hotel & Club - Social Amenities- Hospital and Mall
- Real Estate - Commercial and residential high-rise buildings in SEZ and Non-SEZ
area - International & Domestic Enclaves:
Banking, Insurance, Technology, Corporate, Exchange
- Setting up units in the field of the Financial services, BPO, KPO, IT/ ITES and Capital Markets & Trading
Top Related