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Core Purpose

Notification under Section 4(1) of the Special Economic Zones Act, 2005 de-notifying 4.37 hectares from the SEZ for IT/ITES developed by M/s. Phoenix Spaces Private Limited in Ranga Reddy District, Telangana.

Detailed Summary

The Ministry of Commerce and Industry (Department of Commerce, SEZ Division) issued notification S.O. 3906(E) dated 12th September 2024, concerning the Special Economic Zone for Information Technology and Information Technology Enabled Services proposed by M/s. Phoenix Spaces Private Limited under Section 3 of the Special Economic Zones Act, 2005 (28 of 2005) at Puppalguda Village, Rajendra Nagar Mandal, Ranga Reddy District, Telangana. The Central Government had earlier notified areas of 2.63 hectares and 3.14 hectares for this SEZ vide Notification Nos. S.O. 2012(E) dated 21st June 2017 and S.O. 355(E) dated 17th January 2019, respectively. Phoenix Spaces Private Limited subsequently proposed de-notification of 4.37 hectares from the SEZ, to be utilized for infrastructure creation consistent with the original SEZ objectives and the State Government's land use guidelines. The State Government of Telangana approved this proposal vide letter No. 5070/ITE&C/Prom/2017 dated 21st March 2024, and the Development Commissioner, Visakhapatnam Special Economic Zone, recommended the de-notification. Being satisfied that the requirements under sub-section (8) of Section 3 of the SEZ Act and related requirements were fulfilled, the Central Government, exercising powers under the first proviso to sub-section (1) of Section 4 of the Special Economic Zones Act, 2005, read with Rule 8 of the Special Economic Zones Rules, 2006, de-notified an area of 4.37 hectares, specifically Survey Number 285/P in Puppalguda Village, Gandipet Mandal, Ranga Reddy District, reducing the SEZ's resultant area to 1.40 hectares. Issued under F. No. F.1/5/2017-SEZ and signed by Vimal Anand, Joint Secretary.

Full Text

5858 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 3573 ] NEW DELHI, THURS DAY , SEPTEMBER 12, 2024/BHADRA 21, 1946 CG-DL-E-12092024-257117 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 12th September , 2024 S.O. 3906 (E).—Whereas, M/s. Phoenix Spaces Private Limited, 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 Puppalguda Village, Rajendra Nagar Mandal, 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 2.63 hectares and 3.14 hectares at above Special Economic Zone vide Ministry of Commerce and Industry Notification Numbers S.O. 2012(E) dated 21st June, 2017 and S.O. 355(E) Dated 17th January, 2019; AND, WHEREAS, M/s. Phoenix Spaces Private Limited has now proposed for de -notification of 4.37 hectares from the above Special Economic Zone; AND, WHEREAS, the State Government of Telangana has given its approval to the proposal vide letter No.5070/ITE&C/Prom/2017 dated 21st March, 2024. Further, after de -notification, the land parcels would be utilized for creation of infrastructure which would sub serve the objective of the SEZ as originally envisaged and such de-notified area will confirm to Land Use Guidelines/master plans of the respective State Government. AND, WHEREAS, the Development Commissioner, Visakhapatnam Special Economic Zone has recommended the proposal for de -notification of an area of 4.37 hectares of the Special Economic Zone; NOW, WHEREAS, the Central Government is satisfied that the requirements under sub -section (8) of section 3 of the said Act and other related requirements are fulfilled; NOW, THEREFORE , in exercise of the powers conferred by first proviso to sub -section (1) of section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, the Central Government hereby de -notifies an area of 4.37 hectares, thereby making resultant area as 1.40 hectares. The survey numbers and the area for de -notification are given below in the table, namely: - TABLE FOR DE -NOTIFICATION AREA S. No. Name of Village Survey number Area (in Hectares) 1. Puppalguda Village, Gandipet Mandal, Ranga Reddy District 285/P 4.37 Total 4.37 Grand total of the SEZ after above deletion 1.40 [F. No. F.1/5/2017 -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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