First Ever Engineering Sector | SEZ's Government approvals | Special Economic Zones Manesar

Oct. 9, 2009 - PRLog -- Raheja's Special Economic Zone is the first ever engineering sector specific SEZ to get notification in Northern India. It was notified vide "The Gazette of India" dated 10th March, 2008.

The project is spread over 255 acres approx. (103 hectares) at most premium location in Gurgaon adjoining Manesar. It is near to the Indira Gandhi International Airport, New Delhi and will be adjoining the Kundli-Manesar-Palwal Global Corridor and the proposed Western Railway Freight Corridor. The development is expected to start by third quarter of the year 2008.

SEZ is a specifically delineated duty-free enclave and is deemed to be a foreign territory for the purposes of trade operations, duties and tariffs.

SEZ are the growth engines that would promote rapid economic growth.

Apart from providing the state of art infrastructure, the SEZ also provides enterprises and develops attractive framework of incentives. The plethora of fiscal and benefits offered by SEZs make that has economic laws that are more liberal then a country’s typical economic laws. Consequent substantially reduces production cost and provides the much needed Global Edge and profitability.



For more info visit : http://www.rahejasez.com

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Raheja Developers Pvt. Ltd, established in the year 1989, the company and its associates are developing special economic zones (SEZ), high end residential and commercial projects worth Rs. 30 billion and have tied up projects worth Rs. 60 billion.