In my application, one query takes 3 minutes to execute. I found that Default ExecutionTimeout value is 110 sec.I tried to change this to 500 (seconds) but
RE. "Can we set this value for individual page" – MonsterMMORPG.
Yes, you can (& normally should) enclose the previous answer using the location-tag.
e.g.
...
The above snippet is taken from the end of my own working web.config, which I tested yesterday - it works for me.