Surat Diamond Bourse has the world’s largest office space

Prime Minister Narendra Modi is due to launch the Surat Diamond Bourse (SDB), billed as the world’s largest office space complex.

Surat Diamond Bourse Information

  • The Surat Development Board (SDB) is a large-scale project in Surat, Gujarat, India.
  • It is said to be the largest office space in a single project in the world.
  • It is being constructed in order to expand and consolidate the diamond trading business from Mumbai to Surat.
  • Surat is well-known as a significant centre for diamond cutting and polishing, and the creation of SDB intends to consolidate all diamond-related industries and infrastructure under one roof.

Key features  

  • The SDB is located in Surat’s DREAM (Diamond Research and Mercantile) city.
  • Size: The bourse covers 66 lakh square feet (roughly 6.6 million square feet), making it one of the world’s largest office spaces.
  • The project’s thematic landscaping is based on the ‘panch tatva’ theme, which represents the five elements of nature – air, water, fire, earth, and sky.
  • The SDB is comprised of nine towers, each with ground plus 15 stories. It will house around 4,200 offices ranging in size from 300 square feet to 7,500 square feet.
  • Security: Due to the high level of security in the diamond sector, over 4,000 CCTV cameras have been installed at various points both within and outside the SDB.
  • Moving from Mumbai: The bourse intends to address the space crunch and high cost of office real estate in Mumbai, where majority of the diamond trade now occurs.

Economic significance of SDB

  • The complex will include a variety of diamond-related enterprises, including the sale of rough and polished diamonds, diamond production machines, diamond planning software, diamond certificate corporations, lab-grown diamonds, and more.
  • Job: The SDB is expected to generate enormous job possibilities, directly employing over 1 lakh people in various diamond-related roles.
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