Sept. 21 – The Navi Mumbai special economic zone (SEZ) is requesting that the government ease contiguous requirements for the zone to be able to issue approval letters to interested investors.
The proposal is pending approval by the board of approval (BoA) which handles SEZ proposals and related activities.“The developer has also come up with alternative suggestions for establishing continuity,” the official told The Economic Times.
The Navi Mumbai was approved in 2007 with the requirement that all five vehicular underpasses and three road over-bridges must be built for contiguity before units are established in the zone. Navi Mumbai SEZ is also proposing that instead of flyovers they should be allowed to build skywalks.
About Us
India Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Delhi, Mumbai, and Bengaluru in India. Dezan Shira & Associates is part of the Ascentium Group, a global business services platform with over 2,900 professionals across 58 cities in 27 markets, strengthening the firm's on-the-ground ability to support clients across Asia and globally.
For a complimentary subscription to India Briefing's content products, please click here. For support with establishing a business in India or for assistance in analyzing and entering markets, please contact the firm at india@dezshira.com or visit our website at www.dezshira.com.
Get the setup decisions right the first time.
Our India corporate team offers a fully integrated establishment solution.