Narendra Modi 'gifts' Rs 400-cr tallest building tower to Gujarat

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Express news service :Gandhinagar, Jan 11 2013, 02:46 IST

Over 2.15 lakh square feet of glass, about 7,000 metric tonnes of steel and 50,000 cubic metres of concrete have been used to build the state’s tallest building, which was completed in 14 months and inaugurated by Chief Minister Narendra Modi on Thursday.

This state-of-the-art, 28-storied structure is the first tower to be to built within the Gujarat International Finance Tec-City (GIFT) that is being planned as a global hub for financial services.

“With the GIFT project, we are setting a benchmark for the whole world about how one can deliver financial services, technological security, real time operations, multiple activities etc from a single place, at the same time,” said Modi after inaugurating the tower that has been built at a cost of Rs 400 crore.

Modi pointed out that the towers (about 110 buildings) being built in GIFT City will be a “point of reference for all future new constructions and a catalytic agent for creation of new cities within the country”.

“We have used over 2.15 lakh feet of double glazed glass as facade of the 122-metre high building. These are energy-efficient glasses as they let in 33% more natural light and cut down on the heat,” said Satya Prakash, vice-president, IL&FS Township and Assets Ltd.

GIFT Company Ltd (GIFTCL), which is in-charge of the project, is a 50:50 joint venture company between Gujarat Urban Development Company Limited and Infrastructure Leasing & Financial Services Limited (IL&FS).

A 400-nozzle machine from Europe that creates a virtual waterfall welcomes visitors at the entrance

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Reader's Comments (2)| Post a Comment

NaMo

ankur | 11-Jan-2013Reply | Forward

@ Desh Which city is not facing this prob witch is pointed by you. Our counter has plenty of jobs for unskilled beggars like in my own city "Delhi" but they don't want to do that . He is Pro development leader and our country needs him . if you talk about about Guj riots then please consider anti Sikh Riots in Delhi, Communal disturbances in internal parts of Up. Assam Riots too which are equally brutal .

Well marketed waste of public money.

Desh-Premee | 11-Jan-2013Reply | Forward

Can beggars at all the traffic signals in Gujarat stay in it? .. public money wasted . . .. . And all those for whom this tower was erected will be a big market for the sale of illegal liquor of better brands. Employees of MNCs in Gujarat a big market anyways for illegal sale of liquor. The agents get caught when they stop sharing the profits to police, whcih goes to the govt of this state.