Special Economic Zone for Biotechnology Sector in the State of Maharashtra [Village Owale, District Thane] - Area denotified - Notification Number S.O. 1606 (E) dated 2nd July, 2008 rescinded.

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....(E).-WHEREAS, M/s. Mahindra Gesco Developers Limited had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for Biotechnology Sector at Village Owale (new village name Bhayanderpada), Ghodbunder Road, District Thane in the State of Maharashtra; AND, WHEREAS, the Central Governme....

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....te to the proposal vide letter No. SEZ-2006/CR-1443/Ind-2 dated 25th February, 2022. Further, the Developer vide letter dated 28th April, 2022 has clarified that they undertake that once de-notified, the land will not be developed under any residential development policy or for any non-industrial purpose, but will be used as per the applicable industrial policies of the State Government (such as I....