Surat Diamond Bourse is World's Biggest Office Building

By John Jeffay / July 20, 2023 / www.idexonline.com / Article Link

(IDEX Online) - The vast new Surat Diamond Bourse (SDB) - stretching across nine 15-story towers - has become the biggest office building in the world.It has over 7.1m square feet of floor space, compared with just over 6.6m at the Pentagon, HQ of the US Defense Department.The bourse, built at a cost of $388m, is due to be officially opened by India's Prime Minister, Narendra Modi, in December or January and the first businesses are due to move into the bourse, in south Surat, in November.SDB has shared new interior pictures of the completed bourse on its website.The project's CEO, Mahesh Gadhavi, told CNN that the size of the building was dictated by demand from cutters, polishers, and traders, and that the 4,700 offices and workshops had all been bought before construction.He said that despite covering 35 acres, no office was more than seven minutes away from the main entrance.SDB will challenge the dominance of Mumbai's Bharat Diamond Bourse, currently the world's largest diamond bourse and home to around 2,500 traders.Surat has long been the capital of diamond manufacturing, handling over 90 percent of all the world's gems, but the trade has been centered in Mumbai, a five-hour drive away.Pics courtesy SDB

Recent News

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com

US$ and bonds not the safe havens normally expected

April 14, 2025 / www.canadianminingreport.com

Crash driven by tech and highly cyclical sectors

April 07, 2025 / www.canadianminingreport.com

Gold stocks succumb only on second day of plunge

April 07, 2025 / www.canadianminingreport.com

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok