M/s. Newfound Properties and Leasing Pvt. Ltd has now proposed for de-notification of 1.76 hectares at the above Special Economic Zone - S.O. 808 (E)

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<h1>Central Government Approves De-Notification of 1.76 Hectares from IT SEZ in Maharashtra, Reducing Area to 19.50 Hectares.</h1> M/s. Newfound Properties and Leasing Pvt. Ltd proposed the de-notification of 1.76 hectares from their Special Economic Zone (SEZ) dedicated to Information Technology services at Trans Thane Creek Industrial Area, Maharashtra. Initially, 21.26 hectares were notified for this SEZ by the Ministry of Commerce and Industry in 2008. The State Government of Maharashtra approved the de-notification proposal, and the Development Commissioner of SEEPZ SEZ recommended it. The Central Government, satisfied with the compliance, officially de-notified the specified area, reducing the SEZ to 19.50 hectares.

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