presentation of gift city at credai conclave 2015
TRANSCRIPT
GIFT CITY:Paper to Plan to Product
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Shri Narendra ModiHon’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”
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Smt Anandiben PatelHon’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”
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GIFT CITY:Paper to Plan to Product
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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
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GIFT CITY:Paper to Plan to Product
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MASTER PLAN
Bridge under Construction
Access Road
Bapasitaram JunctionExisting
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 areaSEZ
Processing areaSEZ
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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
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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
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GIFT CITY:Paper to Plan to Product
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PHASE – I INFRASTRUCTURE OPERATIONALISED
Fire Station Utility Tunnel - Underground
38.3 Lane Kms of Road Network operational
2 Fire Vehicles in place Utility Tunnel of 2.2 km length constructed
Roads & Street Lights
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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
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SOCIAL INFRASTRUCTURE
Fuel Station:
Amenity Centre:Primary medicare centre, Post Office, Stationary & document centre operational
Narsee Monjee Educational Trust:295 students enrolled
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DATA CENTRE
Tata Communications:
•Tier IV Data Centre – 900 Racks
•5 Levels of Security
•Connecting GIFT to Global Network
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STATUS OF ALLOTMENTS
Development Rights allotted
Category Development Rights Allotted (Mn Sq Ft) Private Investment (in Rs. Crs.)
Commercial 8.20 5,900
Residential 1.74 900
Social 4.10 2,800
Total 14.04 9,600
Global Insurance Training Centre
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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)
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FIRST OCCUPANTS AT GIFT
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INTERNATIONAL FINANCIAL SERVICES CENTRE
GIFT is India’s 1st IFSC(GOI announcement in April’ 2015)
Bank Business (Mn USD) Type of Transaction
Yes Bank3.50 Buyer’s Credit
22.04 Loan Syndication
Federal Bank 13.00 Buyer’s Credit
Total 38.54
Transaction from GIFT IFSC Banking Units Nov 1 to Dec 15, 2015
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IFSC BUSINESS(GOI Announcement in April’ 2015)
Units Signed Up / Allotments Made: BFSI Sector
SN Name of Organization DCApplied
DCApproval
RegulatorApplied
RegulatorApproval
RBI / SEBI Approval(Permission to Start Operations)
1 Yes Bank Y Y Y Y Y
2 IndusInd Bank Y Y Y Y Y
3 Federal Bank Y Y Y Y Y
4 ICICI Bank Y Y Y Y Y
5 IDBI Bank Y Y Y Y Y
6 State Bank of India Y Y Y Y Y
7 Reliance AIF Management Co. Ltd Y Y Y Y Y
8 Ratnakar Bank Ltd Y Y Y
9 Corporation Bank Y
10 Punjab National Bank Y
11 IDFC Y Y Y
12 The New India Assurance Co. Ltd
13 GIC
14 Kotak Mahindra Bank Y Y
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INCUBATION FACILITY
Incubation Facility – SEZ / IFSC:
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GIFT CITY:Paper to Plan to Product
Opportunities Waiting for You
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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
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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.
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Summing up:
1. Core infrastructure in place2. All utility plants up & running3. City ready for first hand citizen’s experience4. IFSC is a reality5. Opportunities awaiting.
Thank You