Home India Ministry of Commerce and Industry Publication of notification of Bagmane Developers Private Li...
Date: 26-Oct-2023 Category: Extra Ordinary State: Union Government Country: India

Publication of notification of Bagmane Developers Private Limited for partial denotification of an area of 1.97 out of 4.60 Ha of their IT ITES SEZ at Doddanekundi Village, Doddanekundi Industrial Area, Bangalore, Karnataka

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

What it means

  • The gazette notification S.O. 4670(E) announces the de-notification of 1.97 hectares of land from a sector-specific Special Economic Zone (SEZ) for Information Technology and Information Technology Enabled Services. The SEZ is located in Doddanekundi Village, Bangalore District, Karnataka, and is owned by M/s. Bagmane Developers Pvt. Ltd. After the de-notification, the remaining area of the SEZ will be 2.63 hectares.

Key Changes

  • De-notification of 1.97 hectares from the existing SEZ.
  • The area de-notified is located in Survey No. 79(Part) of Doddanekundi Village.
  • The remaining area of the SEZ after de-notification is 2.63 hectares.
  • The de-notified area will be used for IT infrastructure construction for non-SEZ units.
  • The de-notification is approved by the Karnataka State Government and recommended by the Development Commissioner, Cochin Special Economic Zone.
  • The original notification for the SEZ was S.O. 1690(E) dated 22nd April, 2021, which notified an area of 4.60 hectares.

Impact Analysis

Bagmane Developers Pvt. Ltd.

  • Ensure compliance with regulations regarding the use of the de-notified land for non-SEZ purposes.

Government of Karnataka

  • Adjust revenue projections based on the change in SEZ area.

Cochin Special Economic Zone (Development Commissioner)

  • Monitor the impact of the de-notification on the overall performance of the SEZ.

Businesses operating within the SEZ

  • Businesses need to understand the implications of the change in SEZ area on their incentives and compliance requirements.

Potential Investors

  • The development of IT infrastructure for non-SEZ units on the de-notified land may create new investment opportunities.

Key Entities Referenced

M/s. Bagmane Developers Pvt. Ltd: The company that proposed the de-notification of land from their sector-specific Special Economic Zone. Special Economic Zones Act, 2005 (28 of 2005): The primary legislation governing the establishment and operation of Special Economic Zones in India. Special Economic Zones Rules, 2006: The rules framed under the Special Economic Zones Act, 2005, providing detailed procedures and guidelines for SEZ operations. Ministry of Commerce and Industry: The central government ministry responsible for SEZ policy and administration. Notification S.O. 1690(E) dated 22nd April, 2021: The original notification that declared the 4.60 hectares area as a Special Economic Zone. Karnataka State Government: The state government that approved the de-notification proposal. Development Commissioner, Cochin Special Economic Zone: The authority that recommended the de-notification of the specified area from the SEZ.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-26102023-249705 CG-DxLx-xEG-I2D6H1x0x2x0 23-249705 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4484] नई दिल्ली, बृहस्ट्प जतवार, अक्त बू र 26, 2023/कार्तकस 4, 1945 No. 4484] NEW DELHI, THURSDAY, OCTOBER 26, 2023/KARTIKA 4, 1945 वाजणज्य एव ंउद्योग मत्रं ालय (वाजणज्य जवभाग) अजधसचू ना नई दिल्ली, 24 अक्टूबर, 2023 का.आ. 4670(अ).—यतः, म.ै बाग्माने डेवलपसस प्राइवेट जलजमटेड, न े कनासटक राज्य में बेंगलुरु जिल े के डोड्डानकुंडी गांव, डोड्डानकुंडी औद्योजगक क्षेत्र, सवे नंबर 79 (भाग) में सूचना प्रौद्योजगकी एवं सूचना प्रौद्योजगकी समर्थसत सेवाओं के जलए एक क्षेत्र जवजिष्ट जविेष आर्थसक िोन की स्ट्थापना हते ु जविेष आर्थसक िोन अजधजनयम, 2005 (2005 का 28), (जिसे एतद्पश्चात ्उक्त अजधजनयम कहा गया ह)ै की धारा 3 के अंतगसत प्रस्ट्ताव दकया था; और, यतः केन्द्र सरकार ने, जविषे आर्थसक िोन जनयमावली, 2006 के जनयम 8 के साथ पठित उक्त अजधजनयम की धारा 4 की उप-धारा (1) द्वारा प्रित्त िजक्तयों का प्रयोग करते हुए, वाजणज्य एवं उद्योग मत्रं ालय की अजधसूचना संख्या का.आ. 1690(अ) दिनांक 22 अप्रलै , 2021 द्वारा उपयुसक्त जविेष आर्थसक िोन म ें 4.60 हक्े टेयर के क्षेत्र को अजधसूजचत कर दिया था; और यतः, म.ै बाग्माने डेवलपस स प्राइवेट जलजमटेड न े अब उपरोक्त जविेष आर्थसक क्षेत्र से 1.97 हक्े टेयर के क्षेत्र को अनजधसूजचत करने का प्रस्ट्ताव दकया ह;ै और, यतः कनासटक राज्य सरकार न े उनके पत्र सं. सीआई 364 एसपीआई 2020 दिनांक 09 अगस्ट्त, 2023 के प्रत्र के अनुसार प्रस्ट्ताव को मंिूरी ि ेिी है; 6789 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] और यतः जवकास आयुक्त, कोचीन जविेष आर्थसक िोन न े जविेष आर्थसक िोन के 1.97 हक्े टेयर के क्षेत्र को अनजधसूजचत करन े के प्रस्ट्ताव की संस्ट्तुजत की हैI प्रस्ट्ताजवत अनजधसूचना के बाि क्षेत्र का उपयोग गैर-एसईिेड इकाइयों के जलए आईटी बुजनयािी ढांचे के जनमासण के जलए दकया िाएगा; और यतः, केन्द्र सरकार इस बात से संतष्टु ह ैदक अजधजनयम की धारा 3 की उप-धारा (8) के अतं गसत अपक्षे ाओं तथा अन्द्य सम्बंजधत अपेक्षाओं को पूरा कर जलया गया है; अतः अब, जविेष आर्थसक िोन अजधजनयम, 2005 की धारा 4 की उप-धारा (1) के िसू रे परन्द्तुक द्वारा प्रित्त िजक्तयों का प्रयोग करत े हुए और जविेष आर्थसक िोन अजधजनयम, 2006 के जनयम 8 के अनसु रण म ें केन्द्र सरकार एतद्द्वारा 1.97 हक्े टेयर के क्षेत्र को उक्त जविेष आर्थसक िोन के भाग से अनजधसूजचत करती है, जिसके पठरमाणतः कुल क्षेत्रफल 2.63 हक्े टेयर हो िाएगा। अनजधसूचना के जलए सवेक्षण संख्या और क्षेत्रफल नीच ेताजलका म ेंदिए गए ह:ैं - अनजधसूजचत क्षेत्र हते ु ताजलका क्रम. सं. गााँव का नाम सवे नम्बर क्षेत्रफल (हक्े टेयर में) 1. डोड्डानेकुंडी, केआर पुरम, होबली 79(पाटस) 1.97 कुल 1.97 उपयक्तु घटाव के पश्चात एसईिडे का कुल क्षत्रे फल 2.63 [फा. स.ं के-43016(11)/4/2021-एसईिेड] जवपुल बंसल, संयुक्त सजचव MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 24th 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 2005), (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 District 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 Economic 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 proposal 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 given below in the table, namely:-[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 TABLE FOR DE-NOTIFICATION AREA S. No. Name of Village Survey No. Area in hectares 1. Doddanekundi, KR Puram, 79(P) 1.97 Hobli, 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 Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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