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of <h1>Government Cancels SEZ Status for 4.05 Hectares in Bengaluru; Land to Be Used for Non-SEZ IT Development.</h1> The Central Government has rescinded Notification Number S.O. 2137(E) dated 13th June 2016, which designated a 4.05-hectare area at Outer Ring Road, Rachenahalli Village, Nagavara, Bengaluru, Karnataka, as a Special Economic Zone (SEZ) for Information Technology and IT Enabled Services. M/s. Saltire Developers Private Limited, initially responsible for setting up the SEZ, proposed the de-notification, which received a No Objection Certificate from the Karnataka State Government. The Development Commissioner of Cochin SEZ recommended the proposal, and the land will now be used for non-SEZ IT infrastructure development.
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