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Core Purpose

De-notification of 2.16 hectares from the Mindspace Business Parks Special Economic Zone at Kalwa TTC Industrial Area, Thane, Maharashtra under the first proviso to section 4(1) of the Special Economic Zones Act, 2005.

Detailed Summary

By S.O. 5645(E) dated 27th December 2024, the Ministry of Commerce and Industry (Department of Commerce, SEZ Division) recorded that M/s Mindspace Business Parks Private Limited (formerly M/s Serene Properties Private Limited) had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) to set up a Special Economic Zone for Information Technology and Information Technology Enabled Services at Plot No. 3, Kalwa TTC Industrial Area, MIDC, District Thane, Maharashtra, for which the Central Government had earlier notified areas of 19.34 hectares and 0.62 hectares under sub-section (1) of section 4 read with rule 8 of the Special Economic Zones Rules, 2006, vide Notification Nos. S.O. 1876(E) dated 2nd November 2007 and S.O. 526(E) dated 12th February 2016 respectively; the company subsequently proposed de-notification of 2.16 hectares, which the Government of Maharashtra approved vide letter No. SEZ-2023/CR-03/Ind-2 dated 21st August 2024, on the basis that the de-notified land would be used for infrastructure sub-serving the SEZ's original objective and would conform to the State's Land Use Guidelines/master plans; the Development Commissioner, SEEPZ Special Economic Zone recommended the de-notification, and the Central Government, satisfied that requirements under sub-section (8) of section 3 of the Act were fulfilled, hereby de-notifies 2.16 hectares under the first proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the Special Economic Zones Rules, 2006, reducing the resultant SEZ area to 17.80 hectares; signed by Vimal Anand, Joint Secretary [F. No. F.2/94/2005-SEZ].

Full Text

8491 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 5225 ] NEW DELH I, TUESDAY , DECEMBER 31, 2024 /PAUSHA 10 , 194 6 CG-DL-E-31122024-259762 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 27th December, 2024 S.O. 5645(E). —Whereas, M/s. Mindspace Business Parks Private Limited (formerly M/s. Serene Properties 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 se t up a Special Economic Zone for Information Technology and Information Technology Enabled Services at Plot No. 3, Kalwa TTC Industrial Area, MIDC, District Thane, in the State of Maharashtra; 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 19.34 hectares, and 0.62 hectares at above Special Economic Zone vide Ministry of Commerce and Industry Notification Numbers S.O. 1876(E) dated 2nd November, 2007, and S.O. 526(E) Dated 12th February, 2016, respectively; AND, WHEREAS, M/s. Mindspace Business Parks Private Limitedhas now proposed for de -notification of 2.16 hectares from the above Special Economic Zone; AND, WHEREAS, the State Government of Maharashtra has given its approval to the proposal vide letter No.SEZ -2023/CR -03/Ind -2 dated 21st August, 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, SEEPZ Special Economic Zone has recommended the proposal for de -notification of an area of 2.16 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 the exercise of the powers conferred by the 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 2.16 hectares, thereby making resultant area as 17.80 hectares. The survey numbers and the area for de -notification are given below in the table, namely: - TABLE FOR DE -NOTIFICATION AREA Sl. No. Name of location Plot No. Area (in Hectares) 1. Kalwa ITC Industrial Area, MIDC, Thane Plot No. 3 2.16 Total 2.16 Grand total of the SEZ after above deletion 17.80 [F. No. F.2/94/2005 -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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