The Development of Enterprises and Services Hub Bill, 2022 (DESH Bill), which will replace the Special Economic Zones (SEZ) Act, will benefit real estate developers by decreasing vacancies by denotifying vacant spaces and leasing them to domestic enterprises, said real estate experts. Developers with sizeable SEZ portfolios such as DLF and Tata Realty are looking … Read more
New Delhi: The draft law to revamp the Special Economic Zones (SEZ) into Development of Enterprise and Service Hubs (DESH) has met the services industry’s long standing demand to allow partial denotification to free up the area not in demand. It has also proposed to set up an integrated single window clearance mechanism for the … Read more
The Commerce Ministry on Monday provided an alternate method for the transfer of space by an exiting unit in a spe cial economic zone (SEZ), a move aimed at promoting ease of doing business. According to an instruction given to all zonal development commissioners of SEZs, the ministry said it has received representations from stakeholders … Read more