GIFT - The Hi-Tech city project in
Gandhinagar, Gujarat is all set to catapult India onto the global realty map.
Experts analyse that this may shape the future of Urban India.
GIFT -- Gujarat International
Finance Tech-City is slated to be India’s test-bed for future cities. It is
said to be the city for the next generation
Apparently, the new concepts tried
out in GIFT, maybe widely used in smart cities of the future. Let’s find out
more!
Salient Features of GIFT
* It is an international financial
centre, which is developing near Gandhinagar, Gujarat.
* Area: 3.85 Sq Km
* Investments: Rs 78, 000- crore
planned on infrastructure and buildings.
* Will use state of art technologies
in IT, energy, waste management and other areas.
* Command and control centre: to
monitor all buildigns and optimise use of energy as well as to respond
automatically to emergencies and faults.
* District Cooling: Use of chilled
water for cooling, This can be used easily with renewable energy and also
requires less maintenance than cooling. This is already being tried in a few
places like Toronto and Abu Dhabi. Its proponents say that this technology
consumes 90% less energy compared with traditional air-conditioning.
* Automated Waste Collection: In this
system, garbage is sorted out and then sucked away at high speed through
underground tubes to a central location. It is currently being used in London,
Montreal, Stockholm and Barcelona. No Indian city has these technologies yet.
Automated waste collection can be combined with biomass energy generation
systems, so GIFT will burn waste to generate energy.
Points to ponder
Work on the project has already
begun and the project is expected to complete phase one in three and a half
years’ time.
The
stock exchanges of London, Tokyo and Singapore, as well as several Indian
banks, have shown interest in setting up offices in GIFT.
State-of-the-art
connectivity, infrastructure and transportation access have been integrated
into the design of the city.
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