Uppal Group and Luxor Group signed an MoU with Trinity Capital to develop a 10 million square foot SEZ in Gurgaon over 67 acres of land. As part of the agreement, Uppal Group and Luxor Group will divest partial ownership of the special purpose vehicle to Trinity Capital for Rs. 300 crore. The SEZ will include 6.5 million square feet of IT space and 3.5 million square feet of supporting infrastructure and is scheduled to be completed by 2011.