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GIFT CITY: Paper to Plan to Product. 2 Shri Narendra Modi Hon’ble Prime Minister of India “The vision of Gujarat would be incomplete without capitalising.

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Presentation on theme: "GIFT CITY: Paper to Plan to Product. 2 Shri Narendra Modi Hon’ble Prime Minister of India “The vision of Gujarat would be incomplete without capitalising."— Presentation transcript:

1 GIFT CITY: Paper to Plan to Product

2 2 Shri Narendra Modi Hon’ble Prime Minister of India “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”

3 3 Smt Anandiben Patel Hon’ble Chief Minister of Gujarat “GIFT City is a dream coming true for Developing India’s first Global Financial Hub. GIFT City is a GIFT to the Nation and the World”

4 4 GIFT CITY: Paper to Plan to Product

5 5 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

6 6 GIFT CITY: Paper to Plan to Product

7 7 MASTER PLAN Bridge under Construction Access Road Bapasitaram Junction Existing Shahpur Bridge BUA: 62 mn.sq.ft. Building Use  Commercial : 67% (42 Mn SqFt)  Residential : 22% (14 Mn SqFt)  Social : 11% (6 Mn SqFt) Non-Processing area SEZ Processing area SEZ

8 8 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

9 9 Single Window Clearance System:  GIFT is the Master Developer of the City  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 has Power Distribution license for GIFT Area GIFT: SINGLE WINDOW CLEARANCE SYSTEM

10 10 GIFT CITY: Paper to Plan to Product

11 11 PHASE – I INFRASTRUCTURE OPERATIONALISED Fire Station Utility Tunnel - Underground 38.3 Lane Kms of Road Network operational 2 Fire Vehicles in placeUtility Tunnel of 2.2 km length constructed Roads & Street Lights

12 12 PHASE-I UTILITY PLANTS OPERATIONALISED Water Treatment Plant District Cooling System Automated Waste Collection System Power Receiving Station Water Treatment Plant of 3 MLD operational 10,000 TR plant operational Automated Waste Collection Plant of 50 TPD operational 66kVA Power Receiving station operational

13 13 SOCIAL INFRASTRUCTURE Fuel Station: Amenity Centre: Primary medicare centre, Post Office, Stationary & document centre operational Narsee Monjee Educational Trust: 295 students enrolled

14 14 DATA CENTRE Tata Communications: Tier IV Data Centre – 900 Racks 5 Levels of Security Connecting GIFT to Global Network

15 15 STATUS OF ALLOTMENTS Development Rights allotted CategoryDevelopment Rights Allotted (Mn Sq Ft)Private Investment (in Rs. Crs.) Commercial8.205,900 Residential1.74 900 Social4.102,800 Total14.049,600 Global Insurance Training Centre

16 16 PROMINENT UPCOMING DEVELOPMENTS Brigade Enterprises: SEZ (0.26 Mn Sq Ft) Volupia Developers: SEZ (0.30 Mn Sq Ft) World Trade Centre: DTA (1.50 Mn Sq Ft) Janaadhar: DTA (Affordable Housing, 0.14 Mn Sq Ft)

17 17 FIRST OCCUPANTS AT GIFT

18 18 INTERNATIONAL FINANCIAL SERVICES CENTRE GIFT is India’s 1 st IFSC (GOI announcement in April’ 2015) BankBusiness (Mn USD)Type of Transaction Yes Bank 3.50Buyer’s Credit 22.04Loan Syndication Federal Bank13.00Buyer’s Credit Total38.54 Transaction from GIFT IFSC Banking Units Nov 1 to Dec 15, 2015

19 19 IFSC BUSINESS (GOI Announcement in April’ 2015) Units Signed Up / Allotments Made: BFSI Sector SNName of Organization DC Applied DC Approval Regulator Applied Regulator Approval RBI / SEBI Approval (Permission to Start Operations) 1Yes BankYYYYY 2IndusInd BankYYYYY 3Federal BankYYYYY 4ICICI BankYY YY Y 5IDBI BankY YYYY 6State Bank of IndiaYYYYY 7Reliance AIF Management Co. LtdY YYY Y 8Ratnakar Bank LtdYYY 9Corporation Bank Y 10Punjab National Bank Y 11IDFCYYY 12The New India Assurance Co. Ltd 13GIC 14Kotak Mahindra BankYY

20 20 INCUBATION FACILITY Incubation Facility – SEZ / IFSC:

21 21 GIFT CITY: Paper to Plan to Product Opportunities Waiting for You

22 22 Smart City Development: Development model of GIFT provides good opportunities for the City Planners for the development of Green Field cities. GIFT provides good opportunities for Green Building development in the country. OPPORTUNITIES Infrastructure: To develop unique & innovative infrastructure for the first time in the country like District Cooling System, Automated Waste Collection System, Underground Utility Tunnel etc. Opportunities for Urban Planners & Authorities: Single window clearance mechanism. Online planning approval mechanism. Create new landmark in the development of Smart Cities

23 23 Real Estate: Development of Iconic & Vertical Towers. Development of Residential & Social facilities. OPPORTUNITIES Business Opportunities: To undertake offshore transaction in the field of Banking, Insurance & Capital Markets. To operate at very competitive location for financial services & IT/ITeS related activities.

24 24 Summing up: 1.Core infrastructure in place 2.All utility plants up & running 3.City ready for first hand citizen’s experience 4.IFSC is a reality 5.Opportunities awaiting. query@giftgujarat.in

25 Thank You


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