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Core Purpose

Notification under section 4(1) of the Special Economic Zones Act, 2005 de-notifying 1.97 hectares from the Special Economic Zone of M/s. Bagmane Developers Pvt. Ltd. in Bangalore district, Karnataka.

Detailed Summary

By S.O. 4670(E) dated 24th October 2023 (F. No. K-43016(11)/4/2021-SEZ), the Ministry of Commerce and Industry (Department of Commerce) records that M/s. Bagmane Developers Pvt. Ltd. had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) a sector-specific SEZ for Information Technology and Information Technology Enabled Services at Survey No. 79(part), Doddanekundi Village, Doddanakundi Industrial Area, Bangalore district, Karnataka, of which 4.60 hectares was notified vide Notification No. S.O. 1690(E) dated 22nd April 2021 under section 4(1) of the Act read with Rule 8 of the Special Economic Zones Rules, 2006; the company has now proposed de-notification of 1.97 hectares, which the Karnataka State Government approved vide letter No. CI 364 SPI 2020 dated 9th August 2023 and which the Development Commissioner, Cochin Special Economic Zone, recommended, the freed area to be used for non-SEZ IT infrastructure construction; accordingly, exercising powers under the second proviso to sub-section (1) of section 4 read with rule 8, the Central Government de-notifies 1.97 hectares of Survey No. 79(P) in Doddanekundi (KR Puram Hobli), leaving a resultant SEZ area of 2.63 hectares, and the notification is signed by Vipul Bansal, Joint Secretary.

Full Text

6789 GI/202 3 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 4484] NEW DELHI, THURS DAY , OCTOBER 26, 2023/ KARTIKA 4, 1945 CG-DL-E-26102023-249705 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 24 th October, 2023 S.O. 4670 (E).—Whereas, M/s. Bagmane Developers Pvt. Ltd, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 20 05), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for Information Technology and Information Technology Enabled Services at Survey No. 79(part), Doddanekundi Village, Doddanakundi Industrial Area, Bangalore Di strict in the State of Karnataka; 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, had notified an area of 4.60 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O. 1690(E) dated 22nd April, 2021; AND, WHEREAS, M/s. Bagmane Developers Pvt. Ltd. has now proposed for de -notification of 1.97 hectares from the above Special Ec onomic Zone; AND, WHEREAS, the State Government of Karnataka has given its approval to the proposal vide letter No.CI 364 SPI 2020 dated 9th August, 2023; AND, WHEREAS, the Development Commissioner, Cochin Special Economic Zone has recommended the proposa l for de -notification of an area of 1.97 hectares of the Special Economic Zone. Further, the area after the proposed de -notification will be utilized for construction of IT infrastructure for non -SEZ units; 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 second 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 1.97 hectares, thereby making resultant area as 2.63 hectares. The survey numbers and the area for the de -notification are give n below in the table, namely: - TABLE FOR DE -NOTIFICATION AREA S. No. Name of Village Survey No. Area in hectares 1. Doddanekundi, KR Puram, Hobli, 79(P) 1.97 Total 1.97 Grand total area of SEZ after above deletion 2.63 [F. No. K -43016(11)/4/2021 -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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