The Special Economic Zone is an are that is demarcated for specialized economic development that is oriented towards increasing FDI inputs and boosting export activities, through special policy incentives. An SEZ area typically involves strategically located infrastructure that is geared up towards meeting the special demands and requirements of corporate organizations. We at Jain Oncor as a consulatant to provide our customers aproved land for sale, offices spaces facilities located in SEZ areas like Gurgaon, Noida, Uttranchal, Banglore, Pune, Mumbai, Chennai with a view to boost clients' business activities and business interests. 

• To qualify for developing a multi-product SEZs, the net worth of the applicant has to be at least Rs.250 crore and the minimum investment in the project Rs.1,000 crore. For sector specific SEZs, the applicant net worth has to be a minimum of Rs.50 crore while the minimum investment criteria is Rs.250 crore. For applying for IT SEZs, net worth of the applicant has to be Rs.100 crore.

• The list of authorised operations for IT, bio-teh and gems and jewellery SEZ include roads, housing appartments, convention centre, cafeterias and restaurant, air conditioning, telecom and other communication facilities, electrical, gas and PNG distribution network and recreational facilities.

• Sector-specific SEZs will be allowed to have additional operations including hotels, schools and educational and technical institutes. Multi-product SEZs will also be allowed to have ports, airports and golf-courses.

• Sector specific SEZs will be allowed to have 7,500 houses, hotels with a total of 100 rooms, a 25 bed hospital and schools and other educational institutions over 25,000 square meters.

• Multi-product SEZs will be allowed 25,000 houses, a 250 rooms hotel and a hospital with 100 beds. Developers will not get tax concessions for any construction beyond the specifications, Mr.Pillai clarified.