Home India Ministry of Commerce and Industry Whereas, Ms HGP Community Pvt Ltd Formally Ms Hiranandani Bu...
Date: 2018-09-12 Category: Extra Ordinary State: Union Government Country: India

Whereas, Ms HGP Community Pvt Ltd Formally Ms Hiranandani Builders, had proposed under section

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Ministry of Commerce and Industry, denotifies 8.96 hectares from a sector-specific Special Economic Zone (SEZ) for Information Technology and Information Technology Enabled Services at Village Powai, District Mumbai, Maharashtra. This action, effective September 5, 2018, reduces the resultant area of the SEZ to 3.62 hectares, following a request from Ms. HGP Community Pvt. Ltd. and approval from the State Government of Maharashtra. Key Points / Main Content: Denotification of SEZ Area: * 8.96 hectares are denotified from the existing SEZ at Village Powai, District Mumbai. * The denotification is in accordance with Section 4 of the Special Economic Zones Act, 2005 and Rule 8 of the Special Economic Zones Rules, 2006. * The resultant area of the SEZ after denotification is 3.62 hectares. Land Details: * The denotified area comprises specific survey numbers within Village Powai: 22, 28 Pt., 29 Pt., and 30 Pt. * Areas for each survey number are as follows: * Survey No. 22: 0.1765 hectares * Survey No. 28 Pt.: 4.0679 hectares * Survey No. 29 Pt.: 2.2675 hectares * Survey No. 30 Pt.: 2.4493 hectares Approval and Justification: * The denotification request was initiated by Ms. HGP Community Pvt. Ltd. (formerly Ms. Hiranandani Builders). * The State Government of Maharashtra approved the proposal on June 6, 2018. * The Development Commissioner, SEEPZ Special Economic Zone, recommended the denotification. * The Central Government is satisfied that requirements under Section 3 of the Special Economic Zones Act, 2005 have been met. Impact Analysis: Ms. HGP Community Pvt. Ltd.: * Impact: Reduction of the notified area of their Special Economic Zone. * Action Required: Adjust development plans and activities to align with the revised SEZ area of 3.62 hectares. Central Government: * Impact: Adjustment to the oversight and administration of the Special Economic Zone. * Action Required: Update records and documentation to reflect the denotified area and revised SEZ boundaries. State Government of Maharashtra: * Impact: Adjustment to regional economic development plans and land use considerations. * Action Required: Update land records and regional development plans to reflect the denotified area. Development Commissioner, SEEPZ Special Economic Zone: * Impact: Changes to the monitoring and regulation responsibilities for the Special Economic Zone. * Action Required: Adjust oversight activities to align with the reduced SEZ area and ensure compliance with regulations.

Key Entities Referenced

Special Economic Zones Act, 2005: An act of the Indian Parliament concerning Special Economic Zones, mentioned as the legal basis for the notification. Special Economic Zones Rules 2006: Rules pertaining to the Special Economic Zones Act, 2005, used in conjunction with the Act for the notification. Ministry of Commerce and Industry: The Indian government ministry that issued the initial notification for the Special Economic Zone. HGP Community Pvt. Ltd.: The company that proposed the denotification of land from the Special Economic Zone; formerly Hiranandani Builders. Powai, Maharashtra: The village and state where the Special Economic Zone is located. Mumbai, Maharashtra: The district and state where the Special Economic Zone is located. SEEPZ Special Economic Zone: The Development Commissioner recommending the denotification of an area of 8.96 hectares of the Special Economic Zone Maharashtra Government: The state government that approved the proposal for denotification of land from the Special Economic Zone.
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HGP Community Pvt. Ltd. (Formally M/s. Hiranandani Builders), 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 & Information Technology Enabled Services at Village Powai, District Mumbai in the State of Maharashtra; 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 12.5891 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O. 579 (E), dated 13th April, 2007; AND, WHEREAS, the Central Government, further approved the request of change of name from M/s. Hiranandani Builders to M/s. HGP Community Private Limited vide letter dated 3rd February, 2017; AND, WHEREAS, M/s. HGP Community Pvt. Ltd. has now proposed for de-notification of 8.96 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-2017/CR-106 Ind-2, dated 6th June, 2018; AND, WHEREAS, the Development Commissioner, SEEPZ Special Economic Zone has recommended the proposal for de-notification of an area of 8.96 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 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, the¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 Central Government hereby de-notifies an area of 8.96 hectares, thereby making resultant area as 3.62 hectares, comprising the survey numbers and the area given below in the table, namely:- TABLE FOR DE-NOTIFICATION AREA Sl. No. Name of Village Survey No. Total area in Hectares 1. 22 0.1765 Powai 2. 28 Pt. 4.0679 3. 29 Pt. 2.2675 4. 30 Pt. 2.4493 Total 8.96 Grand Total Area of SEZ after above deletion 3.62 [F. No. F.2/67/2006-SEZ] B.B. SWAIN, 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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