Q: As I was looking forward do to Invest in one of the SEZ projects in Gwal Pahari Road can anyone please advise me what all formality do we have to do to renew it after every 20 Years . I believe there is a minimum fee.
Hi, Mr Dhir, i had a word with one of the executive of the company, they informed me that, this project has a tenure for 33 years.. as SEZ units cannot be sold so.. so all SEZ projects should be given in a lease basis. Secondly for renewal of the agreement you have to pay 3 % of the annual rent. This is the formality they told me ........