Parsvnath's Dehra Dun SEZ gets notified

New Delhi, Oct 9: City-based realty firm Parsvnath Developers Ltd today said it has received final notification from the Central Government for setting up of the Rs 1,050 crore IT/ITeS special economic zone (SEZ) at Dehradun.

With this, the company now has three notified product specific SEZs for IT/ITeS sectors at Indore, Gurgaon and Dehra Dun, which will be executed by its subsidiary, Parsvnath SEZ Ltd.

The SEZ will be spread over 35 acres, with a total developable area of 3.8 million square feet.

The SEZ will provide infrastructure availability for the development of IT/ITeS-related offices and industries in this high potential, unexplored region.

Parsvnath Developers also has two formally approved SEZs at Kochi and Hyderabad with a total developable area of 11.11 million square feet, which are awaiting notification from the government.

It also has six SEZs with total developable area of 270 million square feet, which have received in-principle approval from the government.

UNI