Indiabulls' Nashik, Thane SEZs get govt nod

Indiabulls Industrial Infrastructure, a wholly-owned subsidiary of Indiabulls Real Estate focused on development of large scale infrastructure projects, has got formal approval from the central government, for development of a multi-product special economic zone (SEZ) in Nashik, Maharashtra.

According to an official release issued by Indiabulls Real Estate to the BSE today, Indiabulls Builders, a wholly-owned subsidiary focused on development of large scale infrastructure projects, has received "in-principle" approval from the central government for development of a multi-product special economic zone (SEZ) in Thane, Maharashtra.