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Construction : Real Estate | May 2014 | Source : Construction Update

Ansal Properties to start development of SEZ in Greater Noida

Ansal Properties and Infrastructure plans to develop a 75-acre IT special economic zone (SEZ) in Greater Noida with investment of Rs 130 crore over the next three years on construction. The IT SEZ was notified by the Commerce Ministry in 2006, but due to global economic slowdown the company was going slow in the development of SEZ project. With construction of Yamuna Expressway and NIIT setting up its captive units near this SEZ, the company has decided to increase the pace of development of this project. It will be having total built-up area to 10 lakh sq ft by 2016-17.
 
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