Tag: Economic Zones

Land purchase for SEZ comes under commercial realty

The RBI’s draft guidelines on classification of commercial real estate exposure of banks may provide some relief on loans provided for acquisition of units in special economic zones. However, RBI has not found merit in the commerce ministry’s argument to keep loans for special economic zone development outside the domain of commercial real estate coverage. […]

Controversy Over SEZ In Kerala

Thiruvananthapuram: The Kerala Pradesh Congress Committee (KPCC) alleges that the current controversy over Special Economic Zones (SEZs) in the State has its roots in the schism in the ruling Communist Party of India (Marxist), with one section showing undue haste in getting them cleared to help certain real estate companies. The KPCC executive committee, which […]

SEZ In Greater Noida, Haryana and Rajasthan By Ansal Properties

Real Estate major Ansal Properties and Infrastructure Ltd today said it plans to set up special economic zones in Greater Noida, Haryana and Rajasthan. “We are set to set up SEZs at Greater Noida, Haryana and Rajasthan and are organising a roadshow in the holy city of Varanasi to let the people know about our […]

BOA For SEZ Approved 29 Proposals

The Board of Approval (BoA) for Special Economic Zones (SEZs) cleared a total of 29 proposals to set up SEZs, including three proposals for conversion of in-principle approvals into formal ones. The Board recommended grant of 23 formal and six in-principle approvals. Prominent among the formal approvals are four IT/ITeS SEZs in Kerala by Kerala […]

Boulder Hills Golf And Country Club By Emaar MGF In Hyderabad

Emaar MGF Land Ltd, one of the leading real estate developers in the country has launched ‘Boulder Hills Golf & Country Club’- an integrated world class leisure and residential community in Hyderabad. The Rs 5,610-crore project will have residential, commercial and retail space, IT parks and special economic zones, luxury and boutique hotels. It will […]

ASSOCHAM for at least 3 SEZs in Goa

Margao, March 7 The Associated Chambers of Commerce and Industry of India requested the State government to reconsider its decision on Special Economic Zones and advocated creation of at least of three SEZs, in Goa. Three SEZs in bio and nano-technology, food processing and solar energy will help Goa attract investments up to Rs 50,000 […]

Red Fort Plans Investment Of 2700crs

Private equity firm Red Fort Capital preparing to spend about Rs 2,700 crores in real estate by 2009, including acquisition of 2,500 acres of land in over 20 cities all over the country. “By 2009 we would have empowered about Rs 2,700 crores in expansion of projects in Indian real estate. Out of which, about […]