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    <title>Industrial Park operated by M/s. Bagmane Developers Private Limited notified for the purposes of section 80-IA(4)(iii) of the Income-tax Act, 1961</title>
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    <description>The Central Government notifies M/s. Bagmane Developers Pvt. Ltd.&#039;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&#039;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.</description>
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