Gujarat International Finance (Tec) City,

Gujarat | An Architect Reviews

December 8, 2009 admin 2 Comments
The picture shown here is that of the proposed Gujarat International Finance Tec-City (GIFT) , which
is being designed as a hub for the global finance services industry. GIFT city promises to be a Central
Business Hub, not just for India but also for the rest of the world. Connectivity, infrastructure and
transportation access have been integrated into the design of the city. An attractive pricing strategy is
also being developed to ensure that it is a fraction of the cost that is ordinarily incurred in other Indian
and global finance cities. When completed, GIFT city will be at or above par with presently
acknowledged global financial centers such as Shinjuku (Tokyo), Lujiazui (Shanghai), La Defense
(Paris) and Dockyards (London). Size-wise too, at over 75 million sq. feet of office space, it is almost
twice the size of Shinjuku, Luijiazui, La Defense and Dockyards combined!

Night
View of Gift City, Gujarat
LOCATION OF GIFT CITY, GUJARAT:
The site is located on the bank of river Sabarmati, about 8 kms from Gandhinagar, the capital city of
the industrial Indian state of Gujarat and around 12kms from Ahmedabad International Airport, the
state’s commercial capital. GIFT will have easy access from all directions through 4 – 6 lane state and
national highways.

DEVELOPEMENT OF GIFT CITY,

GUJARAT:
The project, is being developed by the Gujarat Finance City Development Company Ltd, a 50:50 joint
venture between the Gujarat government and Infrastructure Leasing & Financial Services Ltd (IL&FS)
as a Public-Private partnership. GIFT is planned to become India’s first tall Central Business District
project to support India’s booming financial services market which is expected to employ 10 million
people by 2020. Unlike Mumbai, the present Indian financial capital, the GIFT city will have all the
facilities that Mumbai is still developing: comprehensive infrastructure, power, verticalized office
space, and a well designed, planned and expandable urban form. GIFT being quite close to Mumbai
also works in it’s favour as the connectivity ensures that mutually beneficial development occurs
between the two metros. It will house over a million people with millions more commuting there daily.
 Day view
of Gift City, Gujarat
SIZE OF GIFT CITY, GUJARAT:
The scale of GIFT city is massive with 31 tall buildings and over 75 million sq. feet of office space,—
the tallest being the signature Diamond Tower, 400m in height with 87 floors; another 40 buildings
with more than 50 floors and many more with 24 plus floors. In addition there will be an artificial
island, integrated mass transit and dedicated expressways, residential townships, and dedicated power
supply.
The entire project is not only fully approved but already completely sold out due to demand.
Construction will begin later this year.

ARCHITECT FOR GIFT CITY, GUJARAT:

Inspired by the boom cities of China, the city is being masterplanned by East China Architectural
Design & Research Institute ECADI, which is responsible for planning much of Shanghai, and
Fairwood Consultants India, one of India’s largest and fastest growing consulting firms.
 Aerial
view of Gift City
DESIGN OF GIFT CITY, GUJARAT:
GIFT is designed as an extremely environmentally friendly development that will have the lowest per
capita energy consumption of any Indian metro. It will have an impressive green area covering 65% of
the total land, mainly becasue of the high percentage of skyscrapers. In addition, the area long the
Sabarmati River’s banks will be developed into a riverfront recreational area, complementing the
riverfront developments planned for Ahmedabad.
The project will also boast a museum, large conference center and gardens on the man made Fortune
Island, where Diamond Tower is located. In addition to expressway linkages, GIFT will also boast
underground arterial road, as well as MRTS/LRTS/BRTS connections and abundant parking.
UNIQUE BUILDINGS IN THE GIF CITY
PROJECT, GUJARAT:

“Diamond Tower” (Package D) The tallest tower is

located on the beautiful Fortune Island. The Diamond
Tower symbolizes Gujarat’s flourishing diamond
industry. Designed to portray the elegant edges of
diamond facets, each floor of the tower is different and
yet uniquely forming one large diamond.

“Convention Center” (Package W): It has several halls, auditorium and

opera with sitting capacity exceeding 10,000. It’s design is inspired by S
Crystals and Dandi March. It will also have Eight museums showcasing t
history, art, culture and socio-economic life of Gujarat.

“The Crystal Towers” (Package H): The glowing

crystals are one of the most stunning buildings of the
City skyline. Synonymous with their names, the four
office Crystal Towers have beautiful terraces
gardens and offer spectacular views of Dream River,
Diamond Tower and the Convention Cent

“Transport Node” (Package G): The transport node

is the urban hub of the city. The Complex is
designed with hotels, malls, theaters, food streets and
multidimensional transport stations.
 “The River Front Development” (Package V1):
Designed for entertainment, the river front will be
dotted with restaurants, craft bazaar and leisure
activities to provide fun and relaxation in a serene
ambience.

“The two Gateway Towers” (Package C) The tall

archways of the Gateway Towers frame the majestic
Diamond tower and create a picture perfect setting.
Astride the main avenue of the city, the Gateway
Towers have elaborate terrace gardens and rooftop
restaurant. The Gateway Towers draw this design
inspiration from Buland Darwaja and herald India’s
arrival in the new millennium.

“Naga Towers”: Noting th e tremendous “recall value [of the Naga] as a p

of popular culture” and Indian architecture, the designers of GIFT decided that a modern interpretation on
this ancient symbol would befit such a far-reaching project.

STATUS OF GIFT PROJECT, GUJARAT:

The construction of phase 1 began in March 2008 and consists of the 400m Diamond Tower and the
core CBD of GIFT, comprising a total of 25.8 million sq ft. It is expected to be completed by
2010. Two more phases will then be rolled out for an eventual 2020 completion date.
On Oct 2, 2014, NetIndian reported that a new World Trade Center would be set up in GIFT City and
would be completed within 4 years. According to the news report from the Times of India on October
18, 2014 the Bangalore based Brigade Group will develop 1.1 million sq.ft. of built up area.

Apartments for Sale in GIFT City, Gujarat at Price: 4500/sq-ft

Residential Apartments available for sale in GIFT City near Gandhinagar in Gujarat at price of rupees
4500 per sq-ft. This pre launch price is applicable for limited inventory. Prices are updated by the
developer on regular basis.
Studio Apartmentss in GIFT City, Gujarat with one bed room, living room, kitchen and two washrooms
of size 792 sq-ft available for sale at the price of Rs. 4500/sq-ft ++. Approximate Carpet area is 515
sq-ft. Please check below given floor plan of studio apartment.
2 BHK Apartments in GIFT City, Gujarat including two bed room (one master bed room), living room,
kitchen, 2 washroom, storage, utility and balcony of Apartments built up area 1231 sq-ft and 1291 sq-
ft are available for sale at the price of Rs. 4500/sq-ft ++. Approximate carpet area of 800 sq-ft and 839
sq-ft respectively. Please check below given floor plan for 2 BHK / 2 bed room apartment.
3 BHK Apartments in GIFT City, Gujarat including three bed room (one master bed room), living room,
kitchen, 3 washroom, storage, utility and balcony. 1231 sq-ft and 1291 sq-ft are available for sale at
the price of Rs. 4500/sq-ft ++. Approximate carpet area of 800 sq-ft and 839 sq-ft respectively. Floor
plan of 3 bed room apartments is given below.
4 BHK Apartments in GIFT City, Gujarat includes 4 Bed Rooms, living area, kitchen, dress room, 4
washrooms, utility area, storage and a deck. Total 2880 sq-ft 4 BHK luxurious apartments (carpet area:
1880 sq-ft approx.): the best in the GIFT City for sale at Rs. 4500/sq-ft ++. Check below given floor
plan.
3D Views of Residential Towers in GIFT City