Delhi-based Real Estate Company BPTP Group has received approvals from U.P. Government for setting up two Product Specific Economic Zones in NOIDA and Greater NOIDA for IT and IT enabled Services.

The Company has received notification from U.P. Government to develop the SEZ in NOIDA over Plot No.3, which is of 25 acres, and the Company proposes to develop and make it operational in next 2 years. The Greater Noida SEZ is appox. 100 acres and will be developed in 3 phases. In the first phase, the company will develop 1.5 million sq. ft. and it will be operational in two years.
 

Due to liberal policies and good infrastructure facilities, NOIDA and Greater NOIDA   are emerging as the new IT destinations for many world-renowned IT and ITES companies.   

Commenting on the development, Mr. Kabul Chawla, Managing Director, BPTP said,    "Our SEZs will cater the need of the IT companies intending to set-up their facility in North India in next 2 years when these facilities would be up and running." Mr. Chawla further commented, "Modern concepts will be brought in while in developing these facilities in high potential areas."  

Sourced From: Concept Public Relations India Pvt Ltd