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CW Projects: Gujarat International Finance Tec (GIFT) City

Gujarat International Finance Tec (GIFT) City is India's first operational greenfield smart city and international financial services center. The idea for GIFT was conceived during the Vibrant Gujarat Global Investor Summit 2007 and the initial planning was done by East China Architectural Design & Research Institute (ECADI), which is credited with the planning of much of modern-day Shanghai. Located on the banks of the Sabarmati River this city is a vertical city that will optimize land area consumption for development. It is designed for walk to work concept and includes commercial and residential complexes. The city is connected through multi-lane State and National Highways. A double corridor metro system is being constructed to connect it to the nearby airport and various parts of Ahmedabad and Gandhinagar.

The motive behind the development of this Global IT and Financial hub was to deploy world-class infrastructure to leverage technology and provide access to the global financial markets. In order to cater to the data requirements of the financial companies that move here, a state-of-the-art data centre has been set up. Here’s the link of the website for ease of understanding: https://www.sttelemediagdc.in/
STT GDC India - 0:30 – 1:30

Features of the project:
• Every building in GIFT City is an intelligent building, at par with International Standards. Public servicing system in each of the buildings has inbuilt intelligence in it which offers ease of use and safety to users.
• India's first city-level District Cooling System is operational at GIFT City. It reduces the operational cost by 30-40% and avoids the capital cost of implementing individual air conditioners in each building.
• All waste in the city is collected and taken to a processing plant by vacuum chutes installed at every floor of all buildings. The waste is automatically sucked through underground chutes at a high speed of 90 km/hr, and is treated through various methods including plasma gasification.

Tune into www.constructionworld.in for more construction industry updates.

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