IRGWorld

Legal, financial and space consultancy of Special Economic Zones

 

IT and ITeS

STPI to SeZ

Business Spaces and Incubators

 

It is the best time for occupiers to do long term leases as the rentals are at their lowest point and will only go up. As per Nasscom the industry is poised at 11% growth and with sum luck from of $60 billion per year it may touch $225 billion by 2020 giving employment to 30 million more people. As most of IT is exported we are focussed on IT Specail economic zones nationally

STPI is a scheme while SeZ is an act, Clearly if you are looking at long term tax holidys on inputs as well as the profits the serious way is to locate to an SeZ of choice at the best prices. As things get more clear, there will be a mad rush and you will pay more for lesser and farther locations. As SeZ consultants we cover the whole process from identifying the place until you get a SeZ approvals from the comissioner. We regularly brief you about the SeZ act, SeZ benefits and the SeZ policy

Commercial space is more expensive that IT, ITeS and SeZ space. This is almost 20% of the market and the rest 80% fall in the first three category. These are normally central and closer to metro. Incubators are well managed business centres that a new company starts with. it gives all shared services and the option to grow or shrink as the business goes

 

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