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Core Purpose

Notification under the first proviso to rule 8 of the Special Economic Zones Rules, 2006 rescinding and de-notifying the remaining 4.827 hectares of the Special Economic Zone for Information Technology and IT-Enabled Services set up by M/s. Mindspace Business Parks Private Limited at Pocharam Village, Ranga Reddy District, Telangana.

Detailed Summary

Ministry of Commerce and Industry, Department of Commerce (SEZ Division) notification S.O. 3905(E) dated 11 September 2024, file No. F.2/93/2005-SEZ; M/s. Mindspace Business Parks Private Limited, formerly M/s. K. Raheja Corporation Pvt. Ltd. and M/s. Serene Properties Pvt. Ltd., had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) a Special Economic Zone for Information Technology and Information Technology Enabled Services at Pocharam Village, Hayathanagar Taluk, Ghatkesar Mandal, Ranga Reddy District, Hyderabad, Telangana; the Central Government had notified 26.895 hectares and de-notified 14.162 hectares and 7.906 hectares under section 4(1) of the said Act read with rule 8 of the Special Economic Zones Rules, 2006, vide notifications S.O. 869(E) dated 1 June 2007, S.O. 3106(E) dated 23 August 2019 and S.O. 4775(E) dated 16 November 2021 respectively; the company proposed to de-notify the entire remaining area of 4.827 hectares; the State Government of Telangana issued a No Objection Certificate vide letter No. 1948/IT&C/Prom2/2006 dated 2 August 2024; the Development Commissioner, Visakhapatnam Special Economic Zone recommended the de-notification; the Central Government, under the first proviso to rule 8 of the Special Economic Zones Rules, 2006, rescinds the notification except for things done or omitted before rescission; signed by Vimal Anand, Joint Secretary.

Full Text

5857 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 3572 ] NEW DELHI, THURS DAY , SEPTEMBER 12, 2024/BHADRA 21, 1946 CG-DL-E-12092024-257116 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 11th September , 2024 S.O. 3905 (E).—Whereas, M/s. Mindspace Business Parks Private Limited (formerly M/s. K. Raheja Corporation Pvt. Ltd. and M/s. Serene Properties Pvt. Ltd.), had 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 Pocharam Village, Hayathanagar Taluk, Ghatkesar Mandal, Ranga Reddy District, Hyderabad in the State of Telangana (erstwhile Andhra Pradesh); AND, whereas, the Central Government, in the 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 26.895 hectares and de-notified area of 14.162 hectares and 7.906 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Numbers S.O. 869 (E) dated 01.06.2007 and S.O. 3106 (E) dated 23.08.2019 and S.O. 4775 (E) dated 16.11.2021, respectively; AND, WHEREAS, M/s. Mindspaace Business Parks Private Limited has now proposed to de -notify the entire area of 4.827 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Telangana has given No Objection Certificate to the proposal vide letter No . 1948/IT&C/Prom2/2006 dated 2nd August, 2024. Further, after de -notification, such de -notified area will conform to land use guidelines/master places of the State Government; AND, WHEREAS, the Development Commissioner, Visakhapatnam Special Economic Zone has recommended the proposal for de -notification of the entire area of 4.827 hectares of the Special Economic Zone; NOW, THEREFORE, in the exercise of the powers conferred by the first proviso to rule 8 of the Special Economic Zones Rules 2006, the Central Government hereby rescinds the above notification except for things done or omitted to be done before such rescission. [F. No. F.2/93/2005 -SEZ] VIMAL ANAND , 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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