Seeks to rescinds the Notification Number S.O. 2137(E) dated 13th June, 2016 - De-notification of the 4.05 hectares area for Information Technology and Information Technology Enabled Services at Outer Ring Road, Rachanahalli Village, Nagavara, District- Bangalore, Karnataka - S.O. 1166(E) - Special Economic Zone

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 6th March, 2024 S.O. 1166(E). Whereas, M/s. Saltire Developers 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 Special Economic Zone for Information Technology and Information Technology Enabled Services at Outer Ring Road, Rachenahalli Village, Nagavara, District Bengaluru, in the State of Karnataka; 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 Zones Rules 2006 , notified an area of 4.05 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O. 2137(E) dated 13th June, 2016 ; AND, WHEREAS, M/s. Saltire Developers Private Limited has now proposed to de-notify the entire area of 4.05 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Karnataka has given No Objection Certificate to the proposal vide letter No. CI 127 SPI 2023 dated 13th November, 2023. Further, de-notified land will be utilized towards creation of IT infrastructure (Non-SEZ); AND, WHEREAS, the Development Commissioner, Cochin Special Economic Zone has recommended the proposal for de-notification of entire area of 4.05 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.1/9/2016-SEZ] VIPUL BANSAL, Jt. Secy.