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No land to be acquired for SEZ in Gurgaon

No Comments Sub Category:Gurgaon,Realty News Posted On: Oct 30, 2012

The new Draft Development Plan of Gurgaon-Manesar Urban Complex-2031 states that land will be no longer acquired for the SEZ (special economic zone) purposes.

The provision, one among several others, comes in the wake of viability of SEZs put in question.

Reliance Haryana SEZ Limited’s (RHSL) inability to purchase and accumulate contiguous lands for their SEZ further proved the inviability of SEZ in the area.

As for the change of land use (CLU) or licences on certain land patches, some amendments have been made. Moreover, the final draft has deleted the provision for an industrial zone on nearly 3,110 acres proposed on the western side of the KMP Expressway and the whole area has been proposed to be retained as an agriculture zone.

 

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