Industrial park notification affirms tax benefit eligibility subject to area, infrastructure and compliance requirements. The Central Government notifies M/s. Bagmane Developers Pvt. Ltd.'s Bagmane Enclave in Bangalore as an industrial park under section 80-IA(4)(iii), subject to annexed terms including permitted industrial activities, proposed area and unit count, specified allocable percentages for industrial and commercial use, and declared investment. Conditions require a minimum industrial area allocation, a cap on commercial land, prescribed infrastructure expenditure thresholds and defined infrastructure components, a limit on any single unit's share of industrial area, requisite foreign investment approvals, continued operation by the developer for the benefit period, and potential withdrawal or invalidation of approval for non-compliance or undisclosed material facts.