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M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report

M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report
New Delhi: Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore. M3M India's subsidiary Mikado Realtors Pvt Ltd had received a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware and IT/ITeS in Gurgaon with a developable area of 3-3.5 million square feet. According to ...
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