Industrial park designation grants tax eligibility under Section 80-IA to Softzone Tech Park Ltd., subject to compliance conditions. The Central Government notifies M/s Softzone Tech Park Ltd. as an industrial park under clause (iii) of sub-section (4) of section 80-IA, subject to annexed terms: site, area and allocable industrial and commercial proportions; minimum infrastructure investment percentages (with a higher threshold where built-up industrial space is provided); specified infrastructure components; a cap preventing any single unit occupying more than fifty per cent of allocable industrial area; requirement for separate statutory approvals; conditioning of tax benefits on achieving the specified number of units; obligatory operation by the proprietor during benefit period; transfer notification procedure; and grounds for invalidation and withdrawal for noncompliance.