Top 10 facts about Surat Diamond Bourse

Shreya Matta

Shreya Matta

August 24, 2022

The Surat Diamond Bourse is a not-for-profit organization promoted by SDB Diamond Bourse. This is a company registered under section 8 of the Companies Act, 2013. It is formed for the establishment & promotion of Diamond Bourse in Surat, Gujarat.

Surat Diamond Bourse is a diamond trade center, located in DREAM City, Surat, Gujarat, India. The world’s largest Diamond Bourse, which will be an International Trading Center, will start operating before Diwali 2022, in Surat.

Objectives of SDB:

  • To promote imports, exports, and trading of Diamonds, Gems & Jewellery from India.
  • To provide state-of-the-art infrastructure to the organizations engaged in manufacturing & trading diamonds.
  • To promote, advance, protect and develop trade, commerce, and industry relating to Gems & Jewellery including cutting, polishing, and processing.
  • To establish and maintain an International Trading Center in India to facilitate the Diamond, Gems & Jewellery industry.
  • To develop India as a modern and sophisticated Diamond, gem & Jewellery market in the world.

Surat Diamond Bourse

Surat Diamond Bourse Landscape – Panchtatva

Surat Diamond Bourse Landscape, also known as Panchtatva, is an architectural marvel that showcases the rich heritage and prominence of Surat in the diamond industry. Spanning across a vast area, Panchtatva is a magnificent complex that houses various diamond traders, manufacturers, and exporters.

The landscape of Surat Diamond Bourse is designed to provide a conducive environment for conducting diamond-related business activities. The architectural design incorporates modern amenities and state-of-the-art facilities to ensure the smooth functioning of the diamond trade. The complex features spacious offices, conference rooms, exhibition halls, and cutting-edge technology infrastructure.

Panchtatva is not just a business hub but also a center for promoting the artistry and craftsmanship associated with diamonds. The landscape is adorned with beautiful sculptures, fountains, and landscaped gardens that create a serene and aesthetically pleasing environment. It serves as a meeting point for diamond enthusiasts, where they can appreciate the beauty of diamonds and explore the latest trends in the industry.

Moreover, Surat Diamond Bourse Landscape is a testament to the entrepreneurial spirit and vision of Surat’s diamond community. It symbolizes the city’s commitment to becoming a global hub for diamond trading and manufacturing. The complex fosters collaboration, innovation, and growth within the diamond industry, attracting domestic and international players to participate in this thriving marketplace.

Largest International Trade Center

Currently, India’s largest diamond trade hub is Bharat Diamond Bourse in Mumbai. But the Surat Diamond Bourse has been hailed as the world’s largest office building with a single basement. It is larger than Burj Khalifa, the tallest building in Dubai, and the Pentagon area.

  • The Project is India’s largest diamond trading hub based in Surat, Gujarat, spread across 35.54 acres with an availability of 66 lakh Sq.ft. built-up area encompassing 4,500+ diamond offices for national & international traders.
  • The total construction cost is Rs. 2400 crores. Each office will be ranging from 300 to 75,000 square feet.
  • There will be a total of 125 lifts with a speed of 3 meters/sec, each connected to the 24 ft. wide spine corridor.
  • Further, each building will have 8 ft. wide office corridors, 13 ft. floor height, and the ground floor height being graceful, 19 ft.

Architecture of Surat Diamond Bourse buildings

The commercial office complex will have a total of nine 11-storey buildings, each named after an alphabet. Every building will have 15 floors with a height of 13 feet. There will be no 13th floor at the upcoming Surat Diamond Bourse commercial complex in Gujarat. The thirteenth floor has been reserved for common facilities. The custom facility at Surat Diamond Bourse will be three times the size of the one in Mumbai.

SDB buildings

Security & Surveillance

Strategically located security lobbies in the building, ensure safety & quick access to all the spaces On the safety and security side.

It will have highly secured campus security checkpoints at all entry and exits, CCTV surveillance, Control Rooms, a Public Announcement System, and Provision of Under Car Scanners at Entry Gates.

The facility is also equipped with a Digitally Integrated Fire Protection System as per Latest Standards. It will create about 5 lakh jobs for the security department.

Al-fresco & Meeting area, Recreational zone 

The meeting area of Surat Diamond Bourse emanates an understated but timeless elegance, in line with its exclusive landscaping & greenery in the area. Designed to embody a relaxed elegance-like feeling, the area creates a sophisticated, yet soothing atmosphere for members and visitors to feel at ease, for any formal/informal meetings.

Parking Facility

For ease of travelers & vehicle parking, there are 20 Lakh sq. ft. in the basement area, planned for organized vehicle parking.

  • The traffic layout provides a one-way traffic circulation on the peripheral internal road, with separate entry & exit points, which minimizes traffic congestion and removes/reduces the potential point of vehicular conflict.
  • The traffic layout gives provision for Cars, Taxis, Autos, Service Vehicles/Goods and Custom Vehicles. Also, it offers Two-Wheelers, along with specific entry/exit for dedicated service vehicles.

Common Amenities within Surat Diamond Bourse

SDB hallway

The facility accommodates the auxiliary yet conventional needs of a commercial center. Such as Multipurpose banquet halls, Conference halls, Banquets, Restaurants, Kitchen & Dining spaces. Also they have proposed allied facilities for Custom offices, Banking Facilities, Auction HouseSafe Deposit vaults.

All the offices and spaces will be protected through advanced security measures, also taking care of the connectivity for the travelers, these facilities will be situated only 5 km away from the airport. The bourse will include banks, custom houses, elevators, etc.

Green Building Concept

SDB is setting standards in the Commercial sector, with the development and maintenance of ecological standards, hence accoladed with an IGBC ranking of PLATINUM RATED BUILDING. The structure design is focused on energy efficiency and sensitive to the industry’s dependence upon sunlight. It is mainly for assorting and grading diamonds, thus letting ample daylight in all office spaces.

  • All Entrance Foyers, Spine Corridor, and Lift Lobbies on Ground Floor are Air Conditioned through a chilled water-cooling system, with each sighting onto the exquisitely designed landscape courts, spanning almost 200 ft wide and 300 ft long.
  • Spine corridors on the upper floors have a radiant cooling system to maintain a pleasant environment, during transit.
  • It will also have 100% power backup, for common areas and offices.

Sustainability is one of the most important aspects apart from the astonishing aesthetics & landscaping, contemplated in to design of this facility. Aspects, considered, for the same are:

  • Microclimate – to maintain the temperature within the confined spaces
  • Solar control – to reduce the direct heating due to sunlight
  • Wind Analysis – to evaluate and maximize natural ventilation, Orientation according to Sun and Wind direction
  • Energy Performance – for energy efficiency and WWR

Employment Generation

All retailers and wholesalers will work here together. The entire SDB will be creating more than 1.5 lakh jobs. With the creation of employment, this scheme will also benefit the government by about Rs. 2 lakh.

SDB with Mumbai

Surat Diamond Bourse construction

In a circular issued to its members, the Surat Diamond Bourse committee stated that the members winding up their polished diamond trading from Mumbai will feature in the ‘leading members’ list on the huge display at the SDB reception area.

Moreover, the members starting the polished diamond trading from SDB in the 1st phase will be provided with a 100% exemption from the payment of monthly maintenance for 6 months.

Vallabh Lakhani, Chairman, Surat Diamond Bourse, told about the scheme to boost the Surat Diamond Bourse business. Here most of the diamond companies are ready to close down in Mumbai and run entirely from Surat because of this scheme.

If Surat is the diamond manufacturing hub, it is Mumbai that has given the true identity to the diamond industry in the world by being the diamond trading center.

Final Thoughts

Surat Diamond Bourse, the world’s largest diamond trading hub, is an impressive facility in Surat, India. It has advanced security measures and state-of-the-art amenities. SDB facilitates the trading of over 90% of the world’s cut and polished diamonds. The bourse’s ethical practices and contribution to India’s economy make it a significant player in the diamond industry.

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