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Core Purpose

Notification by the Ministry of Commerce and Industry (Department of Commerce, SEZ Division) rescinding the earlier notifications establishing a Special Economic Zone at Gachibowli, thereby de-notifying the entire 2.58-hectare Special Economic Zone of M/s. Phoenix IT City Private Limited.

Detailed Summary

Under S.O. 5165(E), dated 4th December 2023, the Ministry of Commerce and Industry (Department of Commerce, SEZ Division) records that M/s. Phoenix IT City Private Limited had proposed, under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), an Information Technology and IT Enabled Services Special Economic Zone at Sy. No. 53/Paiki/Part, Gachibowli Village, Serilingampally Mandal, Ranga Reddy District, Telangana; the Central Government had notified an area of 1.78 hectares and an additional 0.80 hectares at the SEZ under section 4(1) of the Act read with rule 8 of the Special Economic Zones Rules, 2006, vide Notification Nos. S.O. 2006(E) dated 19th June 2017 and S.O. 3113(E) dated 15th September 2017; the company subsequently proposed to de-notify the entire 2.58-hectare area; the State Government of Telangana issued a No Objection Certificate vide letter No. 4733/ITE&C/Prom/2017 dated 3rd June 2023, confirming that after de-notification the land will conform to State Land Use Guidelines/master plans; the Development Commissioner, Visakhapatnam Special Economic Zone, recommended the de-notification; accordingly, in exercise of powers under the first proviso to rule 8 of the Special Economic Zones Rules, 2006, the Central Government rescinds the two earlier notifications, except as respects things done or omitted to be done before such rescission. F. No. F.1/10/2017-SEZ, signed by Vipul Bansal, Joint Secretary.

Full Text

7499 GI/202 3 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 4940] NEW DELHI, TUESDAY , DEC EMBER 5, 2023/ AGRAHAYANA 14, 1945 CG-DL-E-05122023-250434 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 4th December , 2023 S.O. 5 165(E).— Whereas, M/s. Phoenix IT City Private Limited ha d proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a Special Economic Zone for Information Technology and Information Technology Enabled Services at Sy. No, 53/ Paiki/Part, G achibowli Village, Serilingampally, Mandai, Ranga Reddy District, in the State of Telangana; AND, WHEREAS , the Central Government, in exercise of the powers conferred by sub -section (1) of section 4 of the said Act read with rule 8 of the Special Economic Zones Rules 2006, notified an area of 1.78 hectares and an addition area of 0.80 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Numbers S.O. 2006 (E) dated 19th June, 2017 and S.O. 3113 (E) dated 15th Septe mber, 2017, respectively; AND, WHEREAS, M/s. Phoenix IT City Private Limited has now proposed to de -notify the entire area of 2.58 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Telangana has given No Object ion Certificate to the proposal vide letter No. 4733/ITE&C/Prom/2017dated 3rd June, 2023. After de -notification, the land parcel will conform to Land Use Guidelines/master plans of the State Government; AND, WHEREAS, the Development Commissioner, Visakhap atnam Special Economic Zone has recommended the proposal for de -notification of entire area of 2.58 hectares of the Special Economic Zone; NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006, the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such rescission. [F. No. F.1/10/2017 -SEZ] VIPUL BANSAL, Jt. Secy . Uploaded by Dte. of Printing at Government of India Press , Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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