New Surat Diamond Bourse set to pip Mumbai as centre of India’s diamond trade

To be inaugurated by Prime Minister Narendra Modi at Khajod, Surat, the new bourse is also claimed to be the largest corporate building in the world

A brand new Surat Diamond Bourse, touted to be the largest corporate building of the world, is set to be inaugurated by Prime Minister Narendra Modi at Khajod, Surat. With the completion of this project, Surat will be named as the diamond trade centre of India, replacing Mumbai, which held this title for centuries.

Erected on 35.54 acres of land, the trading centre reportedly measures 6.7 million square feet. The Diamond Traders’ Association and Khajod Development Authority built the headquarters that consists of nine towers – each 81.9m in height with 15 floors. The headquarter has 4,500 offices and a parking space covering 20 lakh square feet. The construction began in 2019 after diamond traders and producers acquired the complex space. The construction cost about Rs 3,200 crore.

Currently, the headquarters of the United States Department of Defense ‘The Pentagon’ is the largest corporate building in the world, with 65 lakh square feet area.

Courtesy: Kaumudi Online