Saturday, July 15, 2006

LAND NORMS FOR SEZ

The board of approval at its last meeting settles following SEZ related land issues:

  • Minimum land area to be 10 hectares for IT, biotech and gems and jewellery SEZs;
  • Minimum built up area to be 1 lakh sq. metres for IT and 40,000 sq. metre for biotech;
  • Minimum processing area for multi-product SEZs would be 35% of the built-up area with a minimum development area as 100 hectares while multi-services SEZs should have minimum area of 100 hectares.

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