The Tata group may have to rework plans of setting up a special economic zone (SEZ) in Maharashtra, following the Centre’s recent policy intervention. The Tatas were on the verge of finalising its second SEZ at Sinnar near Nashik.
The group is developing an SEZ at Gopalpur in Orissa. Tata Realty & Infrastructure, a subsidiary of the Tata Group, had put in a formal application with the Maharashtra State Industrial Development Corporation (MIDC) seeking land for a multi-product SEZ. “The company has put in an application for allotment of land at Sinnar,” said Rajiv Jalota, CEO of MIDC.
However, MIDC has not taken any decision on the allotment as it is awaiting fresh guidelines on the issue. MIDC is already in possession of a chunk of land in Sinnar, and a notification is in the works for the acquisition of more. “We were planning a 1,000-hectare SEZ near Nashik. A final decision on this will be taken after we receive clear directives from the Centre,” he said.
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Tags: SEZ-Nashik, Real Estate - News, Real Estate-Area















pls inform commercial project details.