It's a labour's incentive sector 2- so all the deals/trade can be done under one roof so diamond traders don't fear being robbed in trains to mumbai etc
@@AX-sq5vm omg koi itna jahil kese ho sakta h? GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer aur ye ek indirect tax h. Sirf income tax aur wealth tax ke paiso se hi government chalti h. Tum bkl ko lagta h ki GST de ke tumne tax bhar diya 🤣
@@AX-sq5vm So, much entitlement and arrogance for just paying 10₹ GST. Others are paying direct tax in lakhs, and not getting anything. Go earn money, than living on freebies.
China is the leader in lab grown diamonds and it is indistinguishable. And this has cut demand for natural demands which is what is affecting Surat Diamond Bourse. Mark my words, it will never improve. The time for natural diamonds is over and demand will fall drastically.
Actually the diamond Bourse has nothing to do with mining or manufacturing raw diamonds. Raw diamonds are imported. The traders buy it get it polished and resell it. The Surat bourse is empty because the traders are unwilling to relocate from Mumbai.
@@goodIcanchange The price of diamonds is expected to drop 50%. The labour charge for polishing will fall off a cliff and the margins too. Who will pay rent for such an extravagant office ?
@@prashanthb6521 price of diamonds have been steadily falling since the past two decades(if you adjust for inflation). But that is a concern for miners and manufacturers. Falling diamond prices are good for polishers because demand for jewelery would increase with drop on prices. Rent they should be competitive. That I agree
All investments are going to Gujrat in plan to shift operations from Maharashtra to Gujrat....The Eastern Side of India in not getting investments...not only north south divide there is a east west divide too
Why isn't India investigating heavily in lab diamonds which will be cheaper and thus more viable for India, and also serve as humanitarian diamonds to Europe and America... Needs for import will also reduce
What about the half of the population of surat dependent only on diamond industry in surat ? Who will pay them ? What about their family? What about their life ?
Repurpose the building as a tech park. Shift some of the tech companies from Bengaluru to this building. Or move some textile factories here. Or build a university.
Wake up buddy. Lab grown ones are identical to natural in every possible way. The only thing keeping this industry up is marketing and gullible customers.😂
major chunk of Rough diamonds comes from Russia, US sanctions Russia and many Indian companies punished for importing it from Russia, 100's of offices closed down due to this....specially the diamond polishing offices
Learn to appreciate what you have now. The immense efforts to create this kind of infrastructure, eco system, business culture will only be fruitful after years. Fools expect a sudden outcome,, than those who have wisdom to wait for the return. Try to appreciate the efforts to build this kind of infrastructure.
I think traditional diamond businessmen should diversify and invest some percentage in lab grown diamond projects also...!! Just an opinion pls correct if wrong..!!
Diamond industry does not need this huge building in a tier two city like Surat. It is simply a show off. This building can be used for IT industry. If they had spent the same money in any of the metro cities for IT Parks, the money would have been better used.
hitesh patel on 15.07.2024 is claiming that 250 offices are open and 1000 offices will open till diwali.......this mint video claims that only 150 offices are used......so neither 250 nor 1000 offices are operational.
Does not matter, the offices are sold out and the people who bought it are holding the offices so that they can rent it out later for higher prices. It would've been concerning if no one had bought the offices.
It is pathetic when people from southern states say this. All auto industry established in Chennai while freight equalization ripped the wealth of central states. All defence and advanced research government institutions in bangalore. Hyderabad is another high tech cluster. If anything, north indians should ask why everything is in south.
Case of overestimating And diamonds are not a women’s best friend any more,asset diversification is the norm Nobody depends on diamonds any more This exchange will remain underutilized for ever
Yes it can fall even without lab grown gold. Remember value is just in head of people if future generations see no value in gold then it will likely fall. There are countries like papua new guinea where people still live in hunter gathering societies like in stoneage In such countries gold is completely useless
Russia Ukraine conflict and Israel's genocide in Palestine has cause this slow down in diomond industry a big number of workers has lose jobs in Surat and bhavnagar
Then you should arrange diamond exhibition ,invite all diamond jewelry showrooms. Also give those shops to jewelry accessories. You should open diamond jewelry training offices . Also a diamond museum and trt to get back kohinoor diamond . This will get the demand. Simply putting some diamond shops will not work. Invite jewelry influencers,let them post on insta,facebook etc
Why all the government companies, PSUs , factories and establishment are set up in South? Why north was neglected after independence? Why khangress focused on only South?
Nope it won't be as entire country will become colony of gujrat. Soon hindi will be replaced by gujrati and non vegetarians would be punished Also southern states will speak gujrati in future
Natural Diamond business is sunset business.. Surat should now move away from natural diamond buisness.. artificial grown diamond will dominate the market in coming few years
Comment section gives the idea of hatred towards specific state and specific political party. Without even understanding they all becomes Expert in everything.
Our government knows very well how to throw away funds unproductively and blame it on Russia and opposition 😅
FYI rusia supplies 40% of world's diamond
Prime minister of Gujarat
Gujarat PM wanted to Shift Mumbai business to Gujarat.
But failed miserably. 😂😂😂
Centre govt is only focusing on Bihar , Gujrat and Andhra Pradesh , Rest states are just paying taxes and receiving nothing in back!
Right but nothing not enough
Bihar ?
Up too
Bihar is indeed in need of help, because of poor per capita income.
All govt companies and factories are in South after the independence. Why?
Trying to divert all funds to Gujarat and giving ungli to South States.
Gujarat pay more taxes than southern states fyi.
Bro go and check the facts correctly plz.@@Mr_Unknown31
@@Mr_Unknown31kya baar karta hai dhokla...?
Dravidan land got all government companies and factories in khangress era
Similarly eats more @@Mr_Unknown31
Its a amazing office building, if not for diamond industry, it can always be used as a normal IT park to house other companies, so not a big deal !
Yes the same way GIFT and Dholera will also be used😂😂
Why diamond industry need world largest office building?
show off
90 % of world's diamond get polished only in surat
Why a small city needs worlds largest building.
Point 👍
It's a labour's incentive sector
2- so all the deals/trade can be done under one roof so diamond traders don't fear being robbed in trains to mumbai etc
We pay tax to waste
Many can't even effort a good meal
😂😂
Who are we? Only 2% Indians pay taxes and I'm sure that you are not one of them.
@Mr_Unknown31 is my gst payed by your father
@@AX-sq5vm omg koi itna jahil kese ho sakta h? GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer aur ye ek indirect tax h. Sirf income tax aur wealth tax ke paiso se hi government chalti h. Tum bkl ko lagta h ki GST de ke tumne tax bhar diya 🤣
@@AX-sq5vm So, much entitlement and arrogance for just paying 10₹ GST.
Others are paying direct tax in lakhs, and not getting anything.
Go earn money, than living on freebies.
China is the leader in lab grown diamonds and it is indistinguishable. And this has cut demand for natural demands which is what is affecting Surat Diamond Bourse. Mark my words, it will never improve. The time for natural diamonds is over and demand will fall drastically.
Absolutely correct..
Actually the diamond Bourse has nothing to do with mining or manufacturing raw diamonds. Raw diamonds are imported. The traders buy it get it polished and resell it.
The Surat bourse is empty because the traders are unwilling to relocate from Mumbai.
@@goodIcanchange The price of diamonds is expected to drop 50%. The labour charge for polishing will fall off a cliff and the margins too. Who will pay rent for such an extravagant office ?
@@prashanthb6521 price of diamonds have been steadily falling since the past two decades(if you adjust for inflation). But that is a concern for miners and manufacturers. Falling diamond prices are good for polishers because demand for jewelery would increase with drop on prices.
Rent they should be competitive. That I agree
How you managed to highlight 'lab grown diamonds' ?
All investments are going to Gujrat in plan to shift operations from Maharashtra to Gujrat....The Eastern Side of India in not getting investments...not only north south divide there is a east west divide too
Alcohol Prohibition, No Night lifestyle like Mumbai and other metropolitan cities, Not availability to access to Airport, etc.
Build all development in Gujarat and North india.. Leave northeastern indian as poor as possible... Thank you modiji
Give it to IT firms at discount price
Why isn't India investigating heavily in lab diamonds which will be cheaper and thus more viable for India, and also serve as humanitarian diamonds to Europe and America...
Needs for import will also reduce
What about the half of the population of surat dependent only on diamond industry in surat ? Who will pay them ? What about their family? What about their life ?
Nice Idea
workers havent come back to work after diwali bcoz there is no demand.
This will remain vacant in the future too..... As lab grown technology keeps on improving and reaching more people
Not just this. All the money spent on GIFT city, Dholera and bullet train will sink too. The whole brand gujarat is nothing but hot air.
Our tax money is wasted on emperors fancy dreams
Repurpose the building as a tech park. Shift some of the tech companies from Bengaluru to this building.
Or move some textile factories here. Or build a university.
We Maharashtra laughing 😂
😂
Why are you laughing?
Vikas Mitro Vikas😂
Great !! Indians saved from Bania looters 😊 Glad lab diamonds 💎 became popular 🇮🇳🙏🏻
Surat has been known for diamonds since millenia, lab grown diamonds are threat however it has limits and can never replace the natural ones.
Wake up buddy. Lab grown ones are identical to natural in every possible way. The only thing keeping this industry up is marketing and gullible customers.😂
major chunk of Rough diamonds comes from Russia, US sanctions Russia and many Indian companies punished for importing it from Russia, 100's of offices closed down due to this....specially the diamond polishing offices
Learn to appreciate what you have now. The immense efforts to create this kind of infrastructure, eco system, business culture will only be fruitful after years. Fools expect a sudden outcome,, than those who have wisdom to wait for the return. Try to appreciate the efforts to build this kind of infrastructure.
It is always advisable to use Workplace app rather than using a Traditional office
gujrat model 😂
I think traditional diamond businessmen should diversify and invest some percentage in lab grown diamond projects also...!! Just an opinion pls correct if wrong..!!
Diamond industry does not need this huge building in a tier two city like Surat. It is simply a show off. This building can be used for IT industry. If they had spent the same money in any of the metro cities for IT Parks, the money would have been better used.
PM of Gujarat
Lab diamonds will affect the industry further.
They only cut diamonds diamonds are sourced manufactured in other countries or in other parts
If I want to buy diamonds, and I find that lab grown diamonds are 85% cheaper than natural diamonds...why would I buy the latter anyway?
You can buy gold plated ornaments and still call it gold right? Then why buy real gold?
Government is wasting money in building big projects in gujarat. They should have done something in UP.
Kass itna vikas baki states mein Kiya hota toh baki states bhi develop hote .
Bhai baki professional ko office dy do
Another failed attempt to steal from mumbai😂
😂
Modi is bogus and will be forever bogus....
Turn it into national security hq
Very nice coverage ❤....
hitesh patel on 15.07.2024 is claiming that 250 offices are open and 1000 offices will open till diwali.......this mint video claims that only 150 offices are used......so neither 250 nor 1000 offices are operational.
Does not matter, the offices are sold out and the people who bought it are holding the offices so that they can rent it out later for higher prices.
It would've been concerning if no one had bought the offices.
PM OF GUJARAT
It is pathetic when people from southern states say this. All auto industry established in Chennai while freight equalization ripped the wealth of central states. All defence and advanced research government institutions in bangalore. Hyderabad is another high tech cluster. If anything, north indians should ask why everything is in south.
Modi is ensuring that people will not vote for Bjp in the next 100 years.
Wasting tax payers money
I don't think it's constructed by govt. It's a private company.
Its a govt building and registered under society act @@ami1498
Biggest building, Tallest statue, Highest taxes and miserable citizens
Welcome to Banana republic
Yup, our people are the reason for our stunt growth actually.
These are what the first world calls "Vanity Project's"
Mumbai ko takkar dene gaye thee
Case of overestimating
And diamonds are not a women’s best friend any more,asset diversification is the norm
Nobody depends on diamonds any more
This exchange will remain underutilized for ever
Can prices of gold ever fall if lab grown gold is made someday. But can it be considered the "safest" asset?
Yes it can fall even without lab grown gold. Remember value is just in head of people if future generations see no value in gold then it will likely fall.
There are countries like papua new guinea where people still live in hunter gathering societies like in stoneage
In such countries gold is completely useless
All companies should move to gujrat
Russia Ukraine conflict and Israel's genocide in Palestine has cause this slow down in diomond industry a big number of workers has lose jobs in Surat and bhavnagar
Declare office as SEZ
Then you should arrange diamond exhibition ,invite all diamond jewelry showrooms. Also give those shops to jewelry accessories. You should open diamond jewelry training offices . Also a diamond museum and trt to get back kohinoor diamond . This will get the demand. Simply putting some diamond shops will not work. Invite jewelry influencers,let them post on insta,facebook etc
Total waste of money by BJ party
Diamonds are artificially made valuable. people are realizing it.
Diamond no-use-re
😂😂No comments 🤫🤫🤫😂😂
It would find it's purpose, it may take time.
Why all the government companies, PSUs , factories and establishment are set up in South? Why north was neglected after independence? Why khangress focused on only South?
Pm of gujrat
this is only beginning. china's lab grown diamond is sky rocketting. that's the reason of why the sales to china has dropped significantly.
Mint trying hard with their anti bjp agenda
Waste of money
Poor pm 😂
Nonsense comment
😂 Gujarat model
Itne dur rakhoge toh kam krne ke liye employees kaise aayenge. Aju baju mai sb khali hai... Konse saal ki diwali ki baat ho rhi hai?
Grreatt
Modi thought Mumbai se Sab kharobhar bhaga leke jayega but usko malum nahi he Baap baap hota he aur beta beta.
Last Refuge will be gujarat for indian current govt, so keep sutli sota majboot in home land 😊
Nope it won't be as entire country will become colony of gujrat. Soon hindi will be replaced by gujrati and non vegetarians would be punished
Also southern states will speak gujrati in future
Utter waste of taxpayers' money. This government is equal to the East India company in terms of serving the taxpayers
Ramji ko diamond waise bhi pasand nahi tha; Amrit Kaal me lobhi nahi hona chahiye
Pura Gujrat aur Gujarati Kangaal ho jane chahiye 😂
Truth of Modi development
Jahilon ko office ka kya kaam? 😂😂😂
Natural Diamond business is sunset business.. Surat should now move away from natural diamond buisness.. artificial grown diamond will dominate the market in coming few years
❤
Diamonds no longer hold the same value, compared to gold it can be use in fashion and industry
Move the IT industry to gujarat,
Why? Make your own IT industry.
Woh bhi churana hai ?
White elephant 🐘 project
India is just show😂
Oh A bangladeshi is jealous
Comment section gives the idea of hatred towards specific state and specific political party. Without even understanding they all becomes Expert in everything.