Home India Ministry of Commerce and Industry WHEREAS, Ms Gigaplex Estate Private Limited, a private organ...
Date: 2017-11-07 Category: Extra Ordinary State: Union Government Country: India

WHEREAS, Ms Gigaplex Estate Private Limited, a private organization, had proposed under Section 3 of the Special

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification concerns the expansion of a sector-specific Special Economic Zone (SEZ) for Information Technology and Information Technology Enabled Services in Maharashtra. It was proposed by Ms. Gigaplex Estate Private Limited under Section 3 of the Special Economic Zones Act, 2005. The notification, dated October 30, 2017, adds an additional 3.61 hectares to the SEZ, bringing the total area to 16.52 hectares. Key Points / Main Content: * **SEZ Expansion Approval:** * The Central Government approves the inclusion of an additional 3.61 hectares to the existing Special Economic Zone. * Approval granted on 08.03.2017. * **Revised Total Area:** * The total area of the Special Economic Zone is now 16.52 hectares. * **Survey Numbers and Areas:** * The additional area comprises specific survey numbers in Airoli village: 145PT, 146 PT, 147 PT, 148 PT, 149 PT and 153 PT * Areas for respective survey numbers in hectares are: 0.574, 1.99, 0.574, 0.15, 0.191, 0.131. * **Legal Basis:** * This notification is issued in accordance with Section 4 of the Special Economic Zones Act, 2005, and Rule 8 of the Special Economic Zones Rules, 2006. Impact Analysis: Ms. Gigaplex Estate Private Limited: * Impact: The company's proposal to include an additional area in their Special Economic Zone has been approved, increasing the total area available for development. * Action Required: The company needs to incorporate the additional land into its development plans and comply with all relevant regulations for the expanded SEZ. Central Government: * Impact: The Central Government is responsible for overseeing the development and regulation of the expanded Special Economic Zone. * Action Required: Ensure compliance with the Special Economic Zones Act, 2005, and the Special Economic Zones Rules, 2006, for the expanded area. Businesses Operating within the SEZ: * Impact: Businesses within the SEZ will have access to a larger area for operations and potential expansion. * Action Required: Review their business plans to assess how they can benefit from the increased area of the SEZ. State Government of Maharashtra: * Impact: Increased economic activity and potential employment opportunities in the Thane district due to the expansion of the SEZ. * Action Required: Support the development of the expanded SEZ and ensure that necessary infrastructure and services are available.

Key Entities Referenced

Special Economic Zones Act, 2005: The primary legislation under which the notification is issued. Special Economic Zones Rules, 2006: The rules under which the notification is issued along with the Special Economic Zones Act, 2005. Ms. Gigaplex Estate Private Limited: The private organization that proposed setting up the Special Economic Zone. Information Technology and Information Technology Enabled Services: The sector specific area for which the Special Economic Zone is designated. Airoli Knowledge ParkTTC Industrial Area: Location of the Special Economic Zone. Airoli, Maharashtra: One of the villages where the Special Economic Zone is located, along with the state. Dighe, Maharashtra: One of the villages where the Special Economic Zone is located, along with the state. Thane, Maharashtra: The district in the State of Maharashtra where the Special Economic Zone is located.
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Gigaplex Estate Private Limited, a private organization, 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 Plot No. IT-5, Airoli Knowledge Park-TTC Industrial Area, Villages Airoli and Dighe, District Thane in the State of Maharastra; 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 the following areas at above Special Economic Zone as per the details given below:— S. No. Notification No. Date Notified Area in Hectares Total Area in Hectares (i) S.O. 1695(E) 11.06.2013 11.74 11.74 (ii) S.O. 595(E) 18.02.2015 1.170 12.91 AND WHEREAS, M/s. Gigaplex Estate Private Limited, has now proposed to include an area of 3.61 hectares at above Special Economic Zone and Central Government has granted approval on 08.03.2017; 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 notifies an additional area of 3.61 hectares, as a part of above Special Economic Zone, thereby making total area of the Special Economic Zone as 16.52 hectares, comprising the survey numbers and the area given below in the table namely:—¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 TABLE S. No. Village Survey No. Area in hectares 1. Airoli 145(PT) 0.574 2. 146 (PT) 1.99 3. 147 (PT) 0.574 4. 148 (PT) 0.15 5. 149 (PT) 0.191 6. 153 (PT) 0.131 Total 3.61 Grand total area of SEZ after above addition 16.52 [F. No. F. 1/5/2011-SEZ] SUNIL KUMAR, Addl. 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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