The Surat Diamond Bourse, the largest office structure in the world, is presently located in Surat, also known as the diamond capital of the world. Over 65,000 diamond professionals will have access to this spectacular structure, which spans 35 acres of land and will revolutionize the diamond trade sector.

The Surat Diamond Bourse is a not-for-profit organization created to promote and facilitate the diamond trade in Surat, Gujarat. It is a project that is led by the SDB Diamond Bourse. 90% of the world’s diamonds are cut in this city, which is why it has the most advanced building in the industry.

A Glimpse into the Surat Diamond Bourse:

Let’s take a closer look at the various aspects that make the Surat Diamond Bourse a truly remarkable project:

World-Class Facilities:

The Surat Diamond Bourse aims to provide diamond professionals with top-notch facilities and amenities. With a recreational zone and a parking area spanning 20 lakh square feet, it ensures that the needs of its occupants are met with utmost care and attention.

A Hub for Diamond Professionals

The Surat Diamond Bourse will serve as a hub for over 65,000 diamond professionals, including cutters, polishers, and traders. This one-stop destination will foster collaboration, innovation, and growth within the diamond industry, catapulting Surat to new heights.

Financial Impact

It is anticipated that the opening of the Surat Diamond Bourse will significantly affect the local economy. It will improve Surat’s standing as a key hub for the international diamond trade, bring in investment, and generate job opportunities.

Accessibility and Convenience

The Surat Diamond Bourse eliminates the need for experts to travel to Mumbai by offering a specialized diamond trading centre within Surat, saving them time and resources. This convenience will simplify processes and enable easier business dealings.

A Vision Realized

The Surat Diamond Bourse is the culmination of four years of meticulous planning and construction. Every aspect of the project has been carefully executed to ensure the highest standards of quality and functionality.

Adapting to Regulatory Needs

The Surat Diamond Bourse is regularly analyzing and amending its communications and marketing in accordance with the Real Estate Regulation Act, 2016 (RERA). The initiative wants to abide by all laws and give its stakeholders accurate and current information.

Commitment and Transparency

Transparency and commitment are key components of the Surat Diamond Bourse’s business practices. It urges interested parties to get in touch with the management team for complete and accurate information about the project in order to learn more.

A Proof of Surat’s Superiority

The Surat Diamond Bourse is evidence of Surat’s status as a leader in the diamond business on a global scale. It enhances Surat’s standing as the world’s diamond capital with its top-notch infrastructure and dedication to quality.

SDB’s Architecture and Outshining the Pentagon

The Surat Diamond Bourse(SBD) is a 15-storey edifice made up of nine rectangular structures that are connected to one another. This architectural masterpiece, which was created by the renowned Indian architectural studio Morphogenesis, has a total floor area of more than 7.1 million square feet. It is a legitimate candidate for the title of largest office building in the world due to its size and scope.

Surat Diamond Bourse Outshining the Pentagon

The Surat Diamond Bourse has displaced the Pentagon, which had previously held the title of largest office structure for more than 80 years. This diamond trade hub, which has a floor area three times larger than the Empire State Building, is a representation of Surat’s expanding dominance in the international diamond market. Its size is a reaction to the demand and the sector, not a result of competition.

Potential Appraisal at Surat Diamond Bourse: A Thrilling Investment Chance

Khajod, Surat’s Surat Diamond Bourse, has become one of the most sought-after commercial developments in the area. This ready-to-move property, which spans over 35.54 acres and boasts 10 outstanding buildings, provides a variety of investment opportunities, including grade-A office space.

A World-Class Office Complex: Various Investment Possibilities

The iconic Pentagon in the United States has been surpassed by the Surat Diamond Bourse to become the largest office structure in the world, according to current reports. The variety of investment possibilities offered by SDB is one of the main factors making it a desirable investment prospect. Ready-to-move office spaces are available in the project starting at 150 square feet, while bare-shell office spaces start at 300 square feet. Prices for fully furnished offices start at Rs. 66 lakh, while those for bare shell offices start at Rs. 63 lakh. Due to the variety of investment possibilities available, investors can select homes that fit their needs and budget.

High Rental Returns on Investment:

Grade A office space at Surat Diamond Bourse offers investors high rental returns from corporate clients, making it a prime option for companies looking for well-equipped offices. This increases the likelihood that investors will generate steady rental income and experience long-term success.

Investment Factors in the Surat Diamond Bourse:

1. Promising Infrastructure and Connectivity: Once operational in Khajod, where Surat Diamond Bourse is located, the forthcoming bullet train service will further improve accessibility, making it an easy choice for businesses and professionals alike.

2. A Variety of Property Possibilities: Surat Diamond Bourse provides a variety of property possibilities to suit different price points. Because of its accessibility, the booming diamond sector is accessible to both small and large-scale investors.

3. Expanding Diamond Industry: Surat is known as the world’s capital of diamond cutting, where 90% of all diamonds are cut. Investing in a project like Surat Diamond Bourse becomes even more promising as the diamond industry continues to prosper.

A Real Estate Advisor’s Perspective on a Lucrative Investment Opportunity

It is our duty as real estate valuation advisors to research and evaluate investment opportunities that have great potential for the customers. Certainly, the Surat Diamond Bourse has become a brilliant light in the field of commercial real estate. Here are some arguments for why this project merits consideration for real estate investment.

Surat’s diamond industry is globally renowned, with approximately 90% of the world’s diamonds being cut in this city. Investing in a project like Surat Diamond Bourse, which is located at the heart of this flourishing industry, brings inherent advantages. The diamond sector’s resilience and sustained growth provide a solid foundation for the project’s long-term success, making it an ideal investment choice for both domestic and international investors.

The Surat Diamond Bourse project’s status as the world’s largest office building, diverse investment options, and potential for high rental returns Surat Diamond Bourse is a promising venture for property investment purposes. With its world-class facilities and potential for consistent profitability, investors can rest assured that their investments are in good hands in this shining gem of Surat’s real estate market.

The quest for promising and lucrative investment opportunities is a perpetual pursuit and the Surat Diamond Bourse emerged as a remarkable prospect, capturing attention as the world’s largest office building and boasting a strategic location in Khajod, Surat.

A Spectacle of Scale and Design: The Surat Diamond Bourse monumental project, designed by the renowned Indian architecture firm Morphogenesis, stands as a testament to India’s entrepreneurial spirit and showcases the dynamism of Surat’s flourishing diamond industry.

Tapping into Surat’s Diamond Industry Dominance: Surat’s diamond industry is a global force, responsible for cutting approximately 90% of the world’s diamonds. As a real estate investor, being associated with a project situated at the heart of this thriving industry brings significant advantages. The diamond sector’s sustained growth and resilience serve as a strong foundation for the Surat Diamond Bourse’s success. Investing in this landmark project offers a unique opportunity to be part of Surat’s diamond industry dominance and reap the benefits of its unwavering progress.
The Surat Diamond Bourse presents an exceptional investment opportunity that combines scale, strategic location, and potential for high rental returns. Its status as the world’s largest office building, diverse investment options, proximity to Surat’s diamond industry, and favourable infrastructure make it an unmissable chance to be part of Surat’s real estate success story.

Investment Due Diligence: The Secret to Profiting from the Surat Diamond Bourse

Commercial real estate investing calls for a rigorous and informed strategy, especially with regard to renowned developments like the Surat Diamond Bourse. Making wise judgments that can result in beneficial outcomes requires doing your homework, or researching and verifying important parts of the investment.

Understanding the Project’s Scale and Potential: The first step in due diligence is to comprehend the scope and potential of the Surat Diamond Bourse project. Understanding the project’s magnitude allows investors to assess the opportunities and risks associated with such a massive venture. By evaluating the potential for rental returns, occupancy rates, and demand from corporate clients, investors can gauge the feasibility of their investment.

Analyzing the Market and Location: It is essential to conduct a thorough study on the Surat and neighbouring area commercial real estate markets. Investors must evaluate the area’s rental prices, vacancy rates, and demand for office space. The infrastructure and connectivity of the area must also be understood in order to assess the project’s long-term feasibility. The project’s success may be considerably impacted by Surat’s close proximity to the booming diamond industry and the upcoming bullet train service.

Assessing Potential Investments: The Surat Diamond Bourse provides a variety of investment opportunities to suit different price points, from fully furnished offices to empty shell offices. Due diligence is thoroughly analyzing these choices, taking into account elements including unit sizes, cost, and possible rental yields.

Verifying Project Credentials: Part of due diligence is checking the project developers’ and architects’ credentials. The reputation, performance history, and financial stability of the organizations involved in the Surat Diamond Bourse initiative must be investigated by investors.

Assessing Market Sentiment and Industry Developments: An essential component of due diligence is taking into account consumer sentiment as well as market developments. Investors should foresee potential dangers and possibilities linked with their investment in the Surat Diamond Bourse by keeping up with industry trends and attitudes.

A Bright Future Ahead

As the Surat Diamond Bourse nears completion, the anticipation and excitement surrounding its launch continue to grow. It is poised to transform the diamond trading landscape, empower professionals, and solidify Surat’s place on the global stage.

In conclusion, the Surat Diamond Bourse is set to become the crown jewel of the diamond industry. With its grand scale, state-of-the-art facilities, and strategic location, it is poised to surpass the Pentagon and redefine the concept of a large office building. Surat’s ascent to becoming a global diamond trading hub is imminent, and the Surat Diamond Bourse is at the forefront of this transformative journey.

FAQs

Which diamond market is the biggest in the world?
The Pentagon will eventually be surpassed by the Surat Diamond Bourse complex as the world’s largest office building.

When is the opening date for the Surat Diamond Bourse?
On November 21, 2023, the Surat Diamond Bourse is scheduled to begin operations.

What does the date of the Surat Diamond Bourse’s debut mean?
Within the diamond trade community, the opening of the Surat Diamond Bourse is eagerly anticipated since it has the potential to drastically change the dynamics of the diamond trade, not just in India but worldwide.

Who is the Surat Diamond Bourse’s creator?
Following an international design competition, the Indian architectural firm Morphogenesis was in charge of creating the Surat Diamond Bourse.

How big is the Surat Diamond Bourse in comparison to the Pentagon in the US?
With a floor size of more than 7.1 million square feet stretched across 35 acres of land, the Surat Diamond Bourse surpasses the US Pentagon as the largest office structure in the world.

What services and conveniences does the Surat Diamond Bourse provide?
The Surat Diamond Bourse offers cutting-edge amenities such nearly 4,700 office spaces, 131 elevators, cafeteria places, retail locations, conference rooms, wellness areas, and nine courtyards for unwinding and casual conversations.

In what ways does the Surat Diamond Bourse promote sustainable growth?
The Surat Diamond Bourse was built in accordance with green building standards, with solar energy powering the common spaces and natural airflow cooling almost half of the structure. The design has a “platinum” accreditation from the Indian Green Building Council since it uses 50% less energy than the maximum allowed.

Who will occupy the Surat Diamond Bourse for the first time?
In November, the Surat Diamond Bourse is anticipated to welcome its first tenants, and Prime Minister Narendra Modi is set to dedicate the opulent structure.

How much will the Surat Diamond Bourse project cost?
The initiative to build the Surat Diamond Bourse is expected to cost about Rs 3,200 crore.

What relationship does the Surat Diamond Bourse have to the Dream City initiative?
The projected Dream City, a ‘smart city’ project comprising more than 700 hectares of land in the southern portion of Surat, was publicly praised by PM Narendra Modi. The architects of the Surat Diamond Bourse said that the building might act as the “anchor tenant” for the project.

What is the Surat Diamond Bourse’s ownership structure?
The Surat Diamond Bourse’s owner is still a closely-kept secret, but their considerable contribution to the diamond industry and a common understanding of the project’s future function are clear in the strategic planning and project execution.

References:
1. https://www.suratdiamondbourse.in
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