As the Indian economy is riding the growth wave, leaving the leading global economies agog over the steep rise of the economic growth curve. Apart from the relaxations in FDI policies, another biggest drawing card the India has is the Special Economic Zones popularly called SEZs. This policy to set up SEZs in India is to demarcate the areas that will be solely dedicated for the purpose of trade, duty, tariffs and operations. Special economic zones are self-contained zones in terms of having their own infrastructure and business support services.

A special economic zone can be established in the private, partnership and Public sector. According to the policy formulated by government, an SEZ requires a minimum size of 1000 hectares. Also the policy allows 100 FDI i.e. Foreign Direct Investment in most manufacturing activities.  

With so many projects in the pipeline and so many upcoming SEZs it is expected that the Indian economy is likely to make a record-breaking progress in the near future. These upcoming SEZ will accelerate the real estate development in India and thus the real estate market. These SEZs are unique industrial belts which entitle developers for tax exemptions and other lucrative benefits.