The qualities or otherwise of special economic zones (SEZs) are under a raging discuss in India but the realty industry is upbeat about the prospect of such zones and says it will drive infrastructure development in the country. Encouraging special economic zones is the best solution to create these pockets of growth. To meet the demand for housing infrastructure, the government must also develop special residential zones. The incentives make development of SEZs a highly profitable proposition. Little wonder many developers are establishing projects under the special scheme not just in metropolitan cities but also in smaller towns.
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