Special Economic Zone (SEZ) space for lease in Coimbatore, India
Industrial property for sale and to let in Coimbatore SEZ -Karumattam
Address:
Coimbatore SEZ -Karumattam
India
Size:
From 2 to 80 Acres
Description:
Fully approved and functional Hi-Tech Engineering SEZ park’s (Special Economic Zones) it Coimbatore. The SEZ is being developed by Synefra Engineering & Construction Ltd and exclusively marketed by Cushman & Wakefield India.
Synefra offers land on long term lease that is ready-to-construct land and also caters to built-to-suit industries. There is provision for Efficient & Professional Facility Management Services as well as Engineering, Procurement, Construction Management (EPCM).
The Coimbatore (Tamil Nadu) SEZ is the only notified Hi-tech engineering SEZ in the locality and offers a single window facilitation for approvals and clearances. Already 50% of it has been leased and unit holders are currently operational. The location has excellent road, rail & air connection to the rest of the country.
Description of the Special Economic Zone (SEZ):
• SEZ is specifically delineated duty free enclave and it is deemed as a foreign territory for the purpose of trade operations, duties and tariffs
• Goods can be bought in SEZ without payment of customs duty or excise duty
• Supplies to SEZ from other parts of India are treated as exports and are entitled to all exports benefits
• Supplies from the SEZ unit to outside the unit are treated as import and normal custom duty is payable as applicable
Fiscal Benefits to the occupants:
• Duty free import/domestic procurement of goods for development, operation and maintenance of SEZ units
• 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Indian Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed back export profit for next 5 years.
• Exemption from minimum alternate tax under section 115JB of the Indian Income Tax Act.
• External commercial borrowing by SEZ units upto USD 500 million in a year without any maturity restriction through recognized banking channels.
• Exemption from Central Sales Tax.
• Exemption from Service Tax.
• Exemption from State sales tax and other
• Levies as extended by the respective State Governments
Amenities:
- Customs & Excise control centre
- Adequate Water & Power management: Synefra shall provide one water point & one power point for each unit holder
- Telecommunication : Hi-speed telecom network
- Efficient security management
- Administration Building : Consists of courier offices, banking (ATM), photocopiers, printing etc. & central kitchen sufficient to feed approx. 50,000 people at a time
- Healthcare centre & fire station
- Recreation centre: Health clubs, restaurants, parks etc
- Transport hub & parking area
Agents:
Contact:
Rahul Sunderajan
Cushman & Wakefield
4th floor, Pine Valley, Embassy Golf Links Business Park, Intermediate Ring Road
Bangalore
560071
Tel: +91 80 40465555
Williams Gunter Hardwick