In a move to improve the activity of commercial real estate, the government has dropped down the mandatory requirement of 10 hectare to set up an IT/ITes SEZ. Now the rule for minimum built-up area for SEZ developers is 100,000 sq m for the super seven cities, 50,000 sq m and 25,000 sq m for category-B and remaining ones.This will be profitable and encouraging for smaller IT companies that were not able to own its SEZ due to area compulsion and heavy price. Now companies can establish their own SEZ in as less as 7-8 acres. Also the FSI promised for IT companies is between 3.25-3.75 in cities like Bangalore and Chennai is boosting the power of small companies to have an SEZ of their own.Another advantage of this reform is the companies that possess 100,000 sq m can use the land for mixed use development. Mixing residential development and recreational areas with SEZ would be a boon for the working population.The exit from SEZ is also easier now as the transfer of ownership of SEZ is allowed now. The real estate private equity funds are also able to do smaller deals. It is a move by which smaller cities will be definitely profited.займ на карту без отказов круглосуточновзять кредит онлайн