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Mantri Realty plans SEZ in Nagpur

Wednesday, 31 Mar 2010
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Sunil Mantri Realty proposes to develop an 'affordable' SEZ over 40 lakh sq ft area in Nagpur, Maharashtra.

The company plans to market the SEZ by fixing a rental rate of Rs 16 per sq ft and Rs 1,600 for long-lease. The SEZ is likely to have only two to three-storeyed buildings which will further reduce costs.

It will have a ratio of 1:1 between commercial and residential development.

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