The Gurgaon IT SEZ will fetch Unitech Corporate Parks around Rs 3,000 crore, of which Unitech will get Rs 1,100-1,200 crore on account of the fact that it owns 40 percent in UCP
CNBC-TV18's Nayantara Rai explains, quoting sources, that the draft SEZ policy allows IT SEZ developers to exit.
Chief Minister M Karunanidhi today inaugurated IT-SEZs in Madurai and Tirunelveli districts set up at a cost of over Rs 100 crore and said they were likely to attract an investment of nearly Rs 3,500 crore in the next five years, besides ensuring employment for thousands.