Surat Diamond Bourse

Surat Diamond Bourse (SDB) is a diamond trade centre located in Surat, India and designed by the architecture firm Morphogenesis. It is the world's largest diamond trading hub with a floor space of 660,000 square metres (7,100,000 sq ft). The building is the world's largest office building, ahead of The Pentagon.[3][4]

Surat Diamond Bourse
Surat Diamond Bourse(SDB)
Aerial view of SDB
General information
TypeDiamond Industrial Complex
Architectural styleBrutalist
Town or citySurat
Country India
Coordinates21°6′35″N 72°47′43″E
Construction started2017[1]
Completed01 August 2023
Inaugurated10 November 2023
ClientDREAM City Company Limited
OwnerGovernment of Gujarat[2]
Height81.9 metres
Design and construction
Architect(s)Manit Rastogi
Sonali Rastogi
Architecture firmMorphogenesis
Website
www.suratdiamondbourse.in

History

The SDB project was initiated in 2015.[5] Though COVID-19 slowed the construction progress of SDB, the pace was increased after lockdown was lifted and the entire project was completed in 2022.[6]

Attributes

The building is located in newly built Diamond Research and Mercantile City, a business district. It is spread across 14.38 hectares (35.54 acres) with availability of 61,000 square metres (660,000 square feet) built up area encompassing 4,000 offices for national and international traders.

The bourse comprises nine towers each with 15 floors, accommodating 4,200 offices ranging from 28 square metres (300 square feet) to 700 square metres (7,500 square feet). There are 131 lifts (elevators), with a speed of three metres per second. The building provides amenities such as conference halls, multi-purpose halls, restaurants, banks, and retail shops along with security plans. In addition is a dedicated custom house with a national diamond research institute, an international convention centre, international education facilities, and five-star hotels.[7]

The complex is a pre-certified green building by Indian Green Building Council and is dubbed as the world's largest corporate building.[3][8]

Reception

The bourse has received a lukewarm reception from diamond traders as the bourse is located on the outskirts of the city of Surat and has poor connectivity, when compared with the existing Bharat Diamond Bourse, located in the better-connected city of Mumbai.[9] SDB announced incentives for shifting diamond business to Surat.[10][11]

DREAM City
See also: Diamond Research and Mercantile City

The potential of the Surat diamond industry has inspired the conceptualisation of The Diamond Research and Mercantile City (DREAM City). With a core objective of improving the trading facilities of the diamond industry (forward and backward integration), this mega project is formed in 683 hectares (1,690 acres), on Sachin Magdalla National Highway close to the Surat international exhibition and convention centre, and at a distance of 3 km (1.9 mi) from the airport.[12][7]

The SDB is connected to DREAM City by a number of transportation options, including:

  • Metro: The SDB is located near the Dream City metro station, which is on the Surat Metro Line 1. The metro line connects the SDB to other parts of Surat, as well as to the Surat International Airport.
  • BRTS: The SDB is also connected to DREAM City by the BRTS (Bus Rapid Transit System). The BRTS system provides a high-speed bus service that connects the SDB to other parts of Surat.
  • Road: The SDB is also connected to DREAM City by road. The main road that connects the SDB to DREAM City is the Khajod-Udhana Road.

In addition to these transportation options, there are also plans to build a skywalk that will connect the SDB to the Dream City Convention Centre. The skywalk will provide a pedestrian-friendly connection between the two facilities.[13]

Connectivity between the SDB and DREAM City:

  • The metro station is located about 1 km (0.62 mi) from the SDB.
  • The BRTS station is located about 500 m (1,600 ft) from the SDB.
  • The Khajod-Udhana Road is a six-lane highway that connects the SDB to other parts of Surat.
  • The skywalk is expected to be completed in 2024.
  • Aerial View of Surat Diamond Bourse
    Aerial View of Surat Diamond Bourse
  • Panchtatva Courts of Surat Diamond Bourse
    Panchtatva Courts of Surat Diamond Bourse

See also

References
  1. "Construction of Surat Diamond Bourse begins". The Times of India. 26 October 2017.
  2. Ghosal, Sutanuka (11 August 2014). "Seeking membership: Global players keen to join Surat Diamond Bourse". The Economic Times.
  3. Holland, Oscar (18 July 2023). "The world's new largest office building is bigger than the Pentagon". CNN. Archived from the original on 18 July 2023. Retrieved 18 July 2023.
  4. "Surat Diamond Bourse surpasses the Pentagon as world's largest office building". Guinness World Records. 22 August 2023. Retrieved 23 August 2023.
  5. Tiwari, Arun; Yagnik, Kamlesh (24 January 2022). Diamonds are forever so are Morals: Autobiography of Govind Dholakia. Penguin Random House India Private Limited. ISBN 978-93-91149-89-5. Archived from the original on 20 July 2023. Retrieved 19 July 2023.
  6. "Surat Diamond hub to become operational by November". Financial Express. 26 May 2022. Archived from the original on 12 September 2022. Retrieved 12 September 2022.
  7. "The Metro system for Growing & Developing Surat". Metro Rail News. Archived from the original on 12 September 2022. Retrieved 12 September 2022.
  8. Paleja, Ameya (18 July 2023). "Pentagon is surpassed by Indian diamond trading hub as world's largest office". interestingengineering.com. Archived from the original on 20 July 2023. Retrieved 19 July 2023.
  9. "Surat diamond bourse awaits Mumbai glitter". 30 May 2023. Archived from the original on 18 June 2023. Retrieved 19 July 2023.
  10. "Surat Diamond Bourse rolls out more incentives to Mumbai firms for shifting to Surat". DeshGujarat. 30 June 2023. Archived from the original on 4 July 2023. Retrieved 20 July 2023.
  11. "The diamond war is here, and Mumbai is losing it". Mid-day. 18 November 2022. Archived from the original on 23 November 2022. Retrieved 20 July 2023.
  12. "'DREAM City' in diamond capital". The Hindu. Archived from the original on 12 September 2022.
  13. "Surat Diamond Bourse Connectivity" (PDF). www.suratdiamondbourse.in. Archived (PDF) from the original on 20 July 2023. Retrieved 20 July 2023.
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