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Government has granted relief to office park owners and operators by allowing partial and floor-wise denotification of Special Economic Zones (SEZs) through an amendment to SEZ Rules, 2006. The move permits demarcation of a part of SEZ built-up areas for non-processing uses, with a focus on information technology and IT-enabled services.
Ganesh Housing Corporation, in collaboration with US real estate development and investment firm Tishman Speyer, the SEZ, called “Million Minds Tech City”, will come up on 65 acres near Chharodi village along SG Road in Ahmedabad.
International flights to Mandalay and Bangkok will be introduced, the Manipur chief minister said during one-day international business summit ‘Gateway Manipur-connecting ASEAN Countries’ at Classic Hotel in Imphal,
Ascendas India Trust to acquire IT-SEZ building in Hyderabad from Phoenix Group for Rs 506 crore Ascendas Property Fund Trustee Pte. Limited, in its capacity as Trustee-Manager of Ascendas India Trust, enters into definitive agreements for the proposed acquisition of aVance 6 at HITEC City in Hyderabad. Ascendas India Trust said on February 16 that it will acquire an IT-SEZ building in Hyderabad from Phoenix Group for Rs 506 crore. Ascendas Property Fund Trustee Pte. Limited, in its capacity as Trustee-Manager of Ascendas India Trust, has entered into definitive agreements for the proposed ac...