Seeks to rescinds Notification Number S.O. 681(E) dated 23rd, March, 2010 - S.O. 4774 (E) - Special Economic Zone

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 15th November, 2021 S.O. 4774(E). - WHEREAS, M/s. Bluestar Realtors Private 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 Information Technology and Information Technology Enabled Services at Thrikkakara North Village, Kalamassery, Ernakulam District, in the State of Kerala; AND, WHEREAS, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the said Act read with rule 8 of the Special Economic Zone Rules 2006 , had notified an area of 28.329 hectares vide Ministry of Commerce and Industry Notification Number S.O. 681(E) dated 23rd, March, 2010; AND, WHEREAS, M/s. Bluestar Realtors Private Limited has now proposed to de-notify entire area of 28.329 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Kerala has given No Objection Certificate to the proposal vide Letter No. J2/74/2021-IND dated 5th October, 2021 subject to the condition that the de-notified land shall only be used for industrial purposes; AND, WHEREAS, the Development Commissioner, Cochin Special Economic Zone has recommended the proposal for de-notification of entire area of 28.329 Hectares of the Special Economic Zone; NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006 , the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such rescission. [F. No. F.1/2/2010-SEZ] VIPUL BANSAL, Jt. Secy.