a global financial hub -...

Gujarat International Finance Tec-City (GIFT)

A Global Financial Hub

"The vision of Gujarat would be incomplete without capitalising on the

in-house financial business acumen.

To tie-up with technology, to create a hub complete with

infrastructure, to meet the needs of modern Gujarat, modern India

and to create a space in the global financial world… that is my dream."

Shri Narendra Modi

Chief Minister, Gujarat

01

Value add to GDP

(USD Billion)

Market Capitalisation

(USD Billion)

14-18

100-120

175-190

6-7

65-75

80-90

300-350

11-16

100-150

50-55

375-425

275-325

1,600-1,800

1,150-1,250240-250

125-150

10-15

2-4

200-225

75-100

500-600

Estimated No. of Jobs(Thousands) by the year 2020

100-125

Source: McKinsey & Company

Source: McKinsey & Company

India's Potential: Financial Services / ITeS

CoreFinancialServices

CapitalMarkets &Trading

IT forFinancialServices

ITeS / BPO forFinancialServices

Total

No. of Jobs

(Thousands)

2,750-2,900

4-5

19-20

500-600

2,000-2,200

175-225

750-850

3,500-3,700

~1

8-10

3-4

25-35

10,000-11,000

7,400-7,600

30-35

02

Employment Potential at GIFT

Financial Services

CoreFinancialServices

Financial Services Operations

Financial Services Corporate Centre

Select Product Markets

Capital Markets & Trading

IT for Financial Services

ITeS for Financial Services

Total

2007 2020

0.5 million direct job opportunities and an equal number of indirect job opportunities like health, retail, education, real estate, hospitality and support services, which will influence lives of around 4 million people directly.

03

The Growth of India’s Financial Services / ITeS Sector

The last decade has seen an unprecedented growth in India's financial services sector. It employs over 3 million people, constitutes about 5% of the GDP and has an estimated market capitalisation of over USD 200 billion.

As India experiences continued economic growth, the financial services sector could generate about 10-11 million jobs and a GDP contribution of USD 350 to 400 billion by year 2020. With sustained growth and rapid development in technology and infrastructure, an increasing share of financial services would get centralised. McKinsey Market Assessment Report estimates potential of about 6 million centralised jobs across multiple services.

Several developed countries have successfully established high-tech financial hubs, which over time have evolved as international financial service centres. These centres provide suitable regulatory regimes and create a business environment to promote talent and increase capital flow. As they develop, they create significant economic value for their domestic economies; London and New York account for 10% of the GDP and about 5% of jobs. Emerging financial service centres like Singapore and Hong Kong have achieved similar levels of concentration of economic activity in a short period of time.

How to unlock the potential?

India is not able to fully realise its vast potential in financial services because our cities do not have the required infrastructure. If India wants to compete with international financial hubs, our cities will have to provide global standards in infrastructure, office space, internet and telecom connectivity and lifestyle opportunities which would attract top talent.

Gujarat: An Ideal Destination For Realising This Dream

Time and again, Gujarat has proved itself to be one of the fastest growing states in the country with more than 10% average GDP growth during the past six years. It leads in chemicals, petrochemicals, pharmaceuticals, cement, ceramics and diamond industries. Gujarat contributes 30% to the Stock Market Capitalisation, 16% to the country's total output and 19% to exports. Recent studies show that Ahmedabad and Gandhinagar are the favoured destinations to migrate in India because of good urban infrastructure, a business friendly envi ronment and good l iv ing conditions.

04

GIFT: Gujarat's gift to India and the world

GIFT will cater to India's large financial services potential by offering global firms, world-class infrastructure and facilities. It aims to attract the top talent in the country by providing the finest quality of life. It is estimated that GIFT would provide 5,00,000 direct and an equal number of indirect jobs which would require 62 million square feet of real estate office and residential space.

The Promoters

To develop and implement the Project, the Government of Gujarat through its agency, Gujarat Urban Development Company Limited (GUDC) and Infrastructure Leasing & Financial Services Limited (IL&FS) have established a 50:50 joint venture Company, “Gujarat International Finance Tec-City Company Limited” (GIFTCL).

IL&FS was promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI). Over the years, IL&FS has broad-based its shareholding and inducted Institutional shareholders including State Bank of India, Life Insurance Corporation of India, ORIX Corporation (Japan) and Abu Dhabi Investment Authority.

Incorporated in 1987, the business architecture of IL&FS focuses on providing services in development of Core Infrastructure Areas suitably complemented with an array of Financial Services. The various businesses are conducted through subsidiaries with IL&FS being a principal shareholder in each. For more details about IL&FS please visit

http://www.ilfsindia.com

Infrastructure Leasing & Financial ServicesLimited (IL&FS)

GUDC is a GoG company and is positioned to facilitate urban development by assisting the state government and existing agencies in formulation of policy, institutional capacity building, project implementation, and to assist in raising funds from multilateral agencies for various projects. It would also facilitate sustainable development of urban areas, both new and existing, in order to achieve high living standards and growth of economic activities.

GUDC has executed several mega projects viz. Gujarat Earthquake Rehabilitation and Reconstruction Project (GERRP), Gujarat Urban Reforms Project (GURP) and GUDA Township Project. For more details about GUDC please visit

http://www.gudcltd.com/

GUDC

Gujarat UrbanDevelopment CompanyLimited (GUDC)

05

Infrastructure

IL&FS Corporation LimitedInfrastructure Development

IL&FS Ecosmart Limited

Environment

ASSOCIATESA team of some of the best names in the business has been put together for the planning and designing of GIFT

ICT Advisory Services

British Telecom

Consortium of Fairwood India Pvt. Ltd. and East China Architectural Design Institute

Talent Demand Assessment

Hewitt

Market Demand Assessment

McKinsey&Company Jones Lang LaSalle Meghraj

Design and Architecture

East China ArchitecturalDesign Institute

Engineering Consultant

Mahajan & Aibara

Fairwood India Pvt. Ltd.(Lead Member)

Fairwood

Fairwood India Pvt. Ltd.(Lead Member)

Fairwood

MULTI-LEVEL CAR PARK

06

GIFT: The Magnificent

Coliseum in Making

Recognising the potential of the State as a centre for the

financial services industry, the Government of Gujarat

formulated GIFT to realise this vision. The land of Central

Finance Business District (CFBD) will subsequently be

expanded and surrounded by Institutional Areas,

Knowledge Parks and Integrated Townships. The CFBD is

presently implemented in 886 acres of land. The project is

an ideal blend of high quality residential, commercial and

social facilities that optimise land and real estate values,

global connectivity and gen-next infrastructure.

GIFT's proposition includesthe following:

l Robust urban planning

l Urban form and façade, attractive skyline

l Concept of self-sustainable city

l Intelligent transportation system

l District cooling system

l River front

l Technology backbone for a tech-finance hub

l Data centres

l Energy conservation measures, low per capita energy consumption

l Comprehensive water management plan

l Integrated township with the best of social and physical infrastructure

l Talent development programme

PROPOSED MRTS ROUTE

PROPOSED ROUTEBRTS

N. H

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NARMADAMAIN CANAL

S. G

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OA

D

AHMEDABAD

VAISHNODEVI CHAR RASTA

SA

RD

AR

PA

TE

L R

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RO

AD

INDIRA GANDHI ROAD

THALTEJ

SARKHEJ CIRCLE

KOBACIRCLE

NID

SHAHPUR BRIDGE

GIFT OFFICE

SA

RD

AR

PA

TE

L R

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AD

N. H

. 8A

SARDAR PATEL RING ROAD

EXPRESS HIGHWAY

SA

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AT

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HELMET CHAR RASTA

132 F

T R

ING

RO

AD

N. H

. 8C

KALUPURRAILWAYSTATION

NARODA ROAD

SARDAR VALLABHBHAI PATEL INTERNATIONAL AIRPORT

SABARMATIRAILWAYSTATION

KALOL KOBATEEN RASTA

CITY PULSE

INFOCITY

GANDHINAGAR

SHAHPUR CHAR RASTA

AIR

PO

RT

RO

AD


GIFT SITE

SACHIVALAYA

Railway Station

07

Gandhinagar

Ahmedabad

The Location

The project is located on the bank of the river and is around 12 km from Ahmedabad International Airport. GIFT is easily accessible from all directions through 4-6 lane State and National Highways.

Sabarmati

07

09

Master Plan

Zone Delineation

InternationalTechnologyCluster

5Technology Cluster

6

InternationalBanking &Insurance Cluster

4

InternationalExchangeCluster

3Helipad1

InternationalCorporateCluster

2

ExhibitionParking 19

Banking andInsuranceCluster

7ExchangeCluster

8

ExhibitionParking 2

CorporateCluster

10DiamondTower

12GlobalTrade Centre

11

ResidentialPark South

15CorporatePark South

1413

ResidentialPark North

16Corporate Park North

17VanijyaParking 1 & 2

18

"TAPAS"Udyan1

23 4

5

6

7

8

9

10

11

12

13

14

15

1617

18

Proposed road

Pro

po

se

d r

oa

d

80 m

Pro

po

se

d r

oa

d

Proposed road

SA

BA

RM

AT

I R

IV

ER

FR

ON

T

SA

BA

RM

AT

I R

IV

ER Udyan Path

Shakti Setu(Road Bridge)

Sahan Setu(MRT Bridge)

To

wa

rds S

ha

hp

ur

Tow

ard

s R

ata

np

ur

80 m

Towards

Raysan

60

m

80 m

80 m

Legend

GIFT Area Boundary

Commercial

Residential

Institutional

Utilities

Transportation

Water bodies

Green area

GIFT SEZ Boundary

Metro Line

MLP : Multi level Parking

Proposed road80 m

To

wa

rds

Him

ma

tna

ga

r

Nat

iona

l Hig

hway

-8

Tow

ards

Ahm

edab

ad

30 m

30 m

30 m

NH

-8

Club

RPE I RPE II

RPE III

ShramMarg

CPS I AsthaMarg

CPS II

Utility

MLP IV

C&EC II

Utility

80 m

Utility

Sam

rudh

hiM

arg

CE I

CE IIWFD

C&EC I

EE I MLP V

Helipad

WTC

B&IE III

Exh

ibiti

onS

tatio

n

B&IE I

WFD

B&IE II

TE

Utility

RPE IVLogistic area

CPN IV

CPN III

B&IE IV

IB&IE I

IB&IE II

ITE

Utility

MLP IIIUdyan S

tation

IEE I

IEE II

ICE II

ICE I

WFD

WFD

Sa

mr u

dd

hi

Sa

ro

va

rDT

Diam

ond Station

Utility

Utility

Utility

Utility

GyanMarg

Utility

MLP II

CPN I

Vitth Station

SamrudhhiMarg

MLP I

MLP VII

CPN I B

Utility

Utility

Logistic area+ MLP- VI

CPN II

CentralPark

RPW VIII

RPW VII

RPW VI

RPW IV

RPW III

RPW II

RPW I

Utility

TapasUdyan

08

The development of CBD projects can be classified into three types:

• Commercial: Includes Retail, Restaurants, Hotels, Offices and other associated facilities

• Social Facilities: Includes Convention Hall, Exhibition Spaces, Schools, Medical, Entertainment and Cultural facilities

• Residential: Includes Apartments and Residential Buildings

Commercial Residential Social Facilities

22%

11%

67%

Land Use

Built-up Area Distribution

Total Built-up Area : 62.0 million square feet

GIFT Project

Domestic FinanceCentre / Corporate

Office / Trade Centre

AssociatedInfrastructure,

Housing and Social Facilities

Multi-Service SEZ with IFSC

Activities In Multi-Service SEZ

NON-PROCESSING AREA SOCIAL FACILITIES

l Related Commercial & Office Buildings

l Serviced Apartments & Residential Flats

l Hotels & Restaurants and Food Court

l Business Hotel, Shopping Centres, Retail Stores and Banks

l Training Centre for Financial Services

l Medical Centre

l Entertainment Centre & Theatre

l Regulator's Offices

l Schools (International and CBSE)

l Clubs

l Hotels

l Exhibition Centre

l Hospital

l Training Centre (Language School)

l Affordable Housing

l International Financial Service Centre (IFSC)

l International Techno Park andInternational Market Zone

l Commodity Exchanges

l Global Trading Exchanges

l Insurance

l Offshore Banking

l IT / ITeS

l KPO, BPO Services

l Data Centre

PROCESSING AREA

Business Structure

Land Use Distribution

Total Land Area : 358.55 Ha (886 acres)

Commercial

Social Facilities

Transportation

Residential

Utilities

Green & Open Spaces

4%

5%

5%

24%

34%28%

Commercial

Residential

Social Facilities

BUA Component

3.90 (42 million square feet)



Area (million square metre)

11

The Iconic Buildings

Exhibition Centre

The façade shading louvers will have a form inspired from symbols and patterns used in traditional Indian architecture.Enchanting and organic curves will come out of tall straight vertical lines, metaphorically reflecting a Bodhi tree rising straight from the ground, growing to form a pattern of branches. The magnitude and strength of the towers will be maintained along with the rhythm and sensuousness of the curve to achieve a unique aesthetic effect.

Exhibition Centre envisions a vibrant new experience of modernity with traditional idioms. The block will become the cultural hub of the city as it emotes the lifestyle of the community.

Exhibition Centre will connote a global expression providing satisfactory sensory experience for both users and visitors that is a hallmark of good design.

The Crystal Towers

The glowing Crystal Towers will be one of the most beautiful buildings of the city skyline. The four office Crystal Towers will have beautiful terrace gardens and will offer a spectacular view of the Dream River, Diamond Tower and the Convention Centre.

The Gateway Towers

They (each 362 m high) will anchor strategic street intersections which mark entrances to the city from public arterial streets. The building is a key element creating an identifiable area for the city axis.

The Diamond Tower

It will be located on the Fortune Island. The height of this tower will be > 400 m and shall house 80 floors. Ambience and location of the signature building has been designed extraordinarily to stand out in the city fabric.

The Iconic Buildings

10

The Visionary Skyline

A necklace of artistically designed high-rises with their glittering glass facades located on the curve of the Sabarmati River will provide GIFT its unique skyline.

410 M410 M

Entertainment Area

Designed to woo, mesmerise and entertain the visitors, the Entertainment Area will include restaurants, craft bazaars and leisure activities to provide an evening of fun and relaxation in a serene ambience.

500 M

400 M

300 M

200 M

100 M

0 M

500 M

400 M

300 M

200 M

100 M

0 M

12

External Transport Connectivity

The GIFT area will be accessible from NH-8 (Delhi to Mumbai). Railway line passes by the site on the west (to Delhi) and east (to Himmatnagar). The distances from Gandhinagar and Ahmedabad Core City are 8 kms and 12 kms respectively. GIFT will be regionally connected with places, which will open doors for further development and prosperity of the city.

To achieve the transport vision & objectives, public systems such as Bus Rapid Transit System (BRTS) and Metro Rail System connecting the capital city and Ahmedabad have been planned by Government of Gujarat with strong network of roads.

GIFT has been designed with considerations of Transit Oriented Development and high FAR, hence the strong connectivity through various systems have been envisaged to connect it with Ahmedabad and Gandhinagar. GIFT has been planned and designed for more than 1 million direct and indirect employments. This will have a huge impact on transport requirements considering the number of trips that would be generated to and from the city.

MRTS CONNECTIVITY

EXTERNAL CONNECTIVITY

MRTS PHASE-I

MRTS PHASE-II

MRTS PHASE-III

GANDHINAGAR

SA

BA

RM

AT

I R

IVE

R

NARMADA MAIN CANAL

AIR

PO

RT

RO

AD


KOBA CIRCLE


AHMEDABAD

GIFT

N. H

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EXTERNAL ROAD CONNECTIVITY

KOBA CIRCLE

SA

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PA

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INDIRA BRIDGE

DHOLAKUVACIRCLE

SHAHPUR BRIDGE

CITY PULSE

PDPU CIRCLE

N. H

. 8

S. G. H

IGHWAY

GIFT

SA

BA

RM

AT

I R

IVE

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AHMEDABAD

GANDHINAGAR

RAYSAN ROAD

RAYSAN CIRCLE

TO

WA

RD

S

GA

ND

HIN

AG

AR

TO

WA

RD

S

KO

BA

VIL

LA

GE

TOW

ARDS

MO

TERA TO

WA

RD

S

AIR

PO

RT

TOWARDS

ADALAJ


NARMADA MAIN CANAL

N. H

. 8A

N. H

. 8

KALUPURRAILWAYSTATION

SABARMATI RAILWAYSTATION

S. G. RING ROAD

NARMADAMAIN CANAL

GANDHINAGAR


S. G

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OA

D

GIFT

MRTSBRTS


AIR

PO

RT

RO

AD

EXPRESS HIGHWAY

SABARMATI R

IVER

METROCAR SHED

N. H

. 8C

N. H

. 8

AHMEDABAD

KOBACIRCLE

13

Transport

Vision

l Segregat ing vehicular and pedestrian movement

l Envisaged Modal Split of 90:10 between public and private transport

l Effective & convenient public mode of transport

l Plann ing Trans i t Or ien ted Development where people walk to work

l Combination of modes along main spines – linking city within and outside

l Aiming at Zero Fatal Accident City

METRO CORRIDOR ROAD NETWORK

Transport Elements

l Surface Roads (4+4 lane)l Pe d e s t r i a n p a t h w a y s a n d

emergency vehicle roadsl Br idges (Sabarmat i R i ve r,

Samrudhi Sarovar and Pedestrian) l M a s s T r a n s p o r t S y s t e m

(BRTS*/MRTS**)l Travelators l Intelligent Transport Systeml Transportation and Logistic

Nodes

Multi-Level Parking Hubs

l At strategic locationl Internal MLP Hubs – 50,000 ECS

Capacity

Custom Gates and Logistics Centre

l Will serve to receive – store – distribute supplies to the city

l To prevent entry of hazardous goods/chemicals and HMV

l To provide all facilities like; parking, boarding, fuel station, etc. to v is i tors, t ransporters, tourists, commuters, etc.

*Planned by Ahmedabad Municipal

Corporation (AMC)

**Planned by GoG

Integrated Urban Transport System

The vision for transportation which shall be the lifeline of GIFT can be achieved through a well defined and Integrated Urban Linkage System which can efficiently serve such a dense development.

TRANSPORT TRAVELATORS

15

“Best in Class”Customer

Experience

Cost-effective ICT

Gateway to Financial Markets

Secure & ResilientICT Environment

Pre-enabled on demand Infrastructure

Utility Trench

l All infrastructure networks (trunk) shall pass through a common utility trench

l Space optimisation

l Ease in maintenance

l Safe operations

District Cooling System

l Efficiency through economies of scale

l Reduces energy costs

l Reduces maintenance costs

l Improves air quality and temperature control

l Reduces noise and vibration

l Total Estimated Capacity : ~ 1.0 Lakh TR

Power

l

l Underground cabling for power distribution within GIFT

l Substation and distribution automation

l Indoor substations

l Gas Insulated Switchgears (GIS) substation for sub-transmission and distribution within GIFT city

l Compact substation (CSS) in buildings

Total Demand : ~ 740 MW

Information and Communication Technology (ICT)

Will create leading-edge infrastructure, services and platforms that will offer financial services enterprises a significant competitive advantage to operate regionally and globally.

GIFT occupants would have access to following pre-enabled on demand ICT services:

Infrastructure

• High speed fibre network

• Diverse local and international connectivity

• Pervasive wireless and mobile network

• Data centres

Platforms

• Financial extranets

• CUG to exchanges

• Voice

• Industry specific platforms

• City e-portal

• Sensor networks

• IPTV

• Internet gateway

Services

• Data

• Voice

• Wi-Fi

• Tier-IV data centres

• Business continuity

• Security

• High-speed internet access

• Monitoring

Water Supply and Sewerage System

l Water Sources:

l Narmada Main Canal

l Recycling and Reuse of Wastewater

l Rainwater Harvesting

l 24 x 7 Water Supply

l Concept of Zero Discharge City

l Proposed landscaped promenade at the river bank along GIFT

Samrudhi Sarovar & Waterfront Development

l 1 km length and 7 m depth

l Width varying from 82 m to 160 m

l Artificially created concrete Storage Reservoir for meeting daily water demand of GIFT

l Designed for 15 days drinking water storage

3l Water Body of 0.75 million m capacity to enhance

aesthetics and for water sports activities

Solid Waste Management

l Automated Waste Collection System (AWS) through chute system

l Minimum human intervention

l Minimises space requirement

l Minimises impact on health

l Waste sucked through pipes at a speed of 90 km/hr

l Waste Treatment through Plasma Technology

Flushing Water

Filtered water

Domesticuses

Waste water

Wastewater

Cooling Tower

Raw water intake

Reservoir

WTP

RO Plant Makeup for Water Bodies

STP

Sludge Waste

Waste water

Water with sludge

Wastewater

HorticultureSoftening Plant

Infrastructure

14

Smart GIFT

l Integration of building infrastructure system & technology.

l Real time performance of building & systems.l Infrastructure Management & optimisation of costs.l Upgrading quality of built up environment &

ensuring occupant safety, security & comfort. l Immediate Emergency Response for Disaster/Crisis

Management

l Saving on building management system l Saving on total build costl Saving on operational expenditure

GIFT Command & Control Centre

Building level Command & Control

Centre

GIFT Infrastructure for Services

Building Level

Public Private Partnership (PPP)

In line with PPP philosophy, the Project encourages significant private sector participation.

Unbundling the Components

InfrastructureSite development and infrastructure would be contracted out by GIFTCL inducting the latest in construction technology.

UtilitiesSpecial Purpose Vehicles (SPVs) have been setup to implement the critical utility components through major private sector participation.

l GIFT District Cooling Systems Limitedl GIFT Water Infrastructure Limitedl GIFT Waste Management Services Limitedl GIFT Power Company Limitedl GIFT ICT Services Limited

Corporate Social Responsibility

Talent DevelopmentTo upgrade the identified skill gaps, a dedicated programme involving private sector participation is being pursued by setting up the following entities / programmes:

l Nodal agency for talent developmentl Finishing schoolsl Training schoolsl Education city developmentl School education and infrastructure development

Real EstateGIFT will offer real estate packages in the form of shell, furnished, plug and play or press and play spaces. Uniformity of design and aesthetics would be maintained. To facilitate developers, GUDC has been designated as the single-window Area Development Authority. A separate building code is being written for GIFT.

Implementation Framework / Opportunities

16

GIFT in MakingstImage of 1 Building

Gujarat International Finance Tec-City Company Limited

3rd Floor, 'A' Wing, Khanij Bhavan,Near University Ground, 132 feet Ring Road, Vastrapur,

Ahmedabad 380 052, Gujarat, INDIATel: +91 79 30018300 / 30018321 | Fax: +91 79 2791 2516

E-mail: [email protected]

www.giftgujarat.in

Disclaimer: The information and plans provided in this brochure are purely indicative in nature. The representation of the plans are an artist's impression and the dimensions of structures are not entirely to scale and may change / alter in future.


N. H

. 8

GIFT

NARMADAMAIN CANAL

KALOL KOBATEEN RASTA

INDIRA GANDHI ROAD

KOBA CIRCLE

AIR

PO

RT

RO

AD

GANDHINAGAR

CITY PULSE

NID

SHAHPUR BRIDGE

SA

RD

AR

PA

TE

L R

ING

RO

AD

SABARM

ATI

RIV

ER

SHAHPUR CHAR RASTA

AHMEDABAD

INFOCITY

N. H

. 8

SACHIVALAYA

a global financial hub -...

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