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    <title>CERTAIN AMENDMENTS TO THE NOTIFICATION ISSUED IN G.O.MS.No. 256, REVENUE (CT.II) DEPARTMENT, DATED. 29.06.2017</title>
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    <description>The notification adds taxable services: transfer of development rights or FSI (including additional FSI) and long term land leases (30 years or more) with upfront consideration and/or periodic rent, when supplied by any person for construction of a project by a promoter; effective 1 April 2019. Explanatory clauses insert definitions adopting the Real Estate (Regulation and Development) Act, 2016 meanings for &quot;apartment&quot;, &quot;promoter&quot;, and &quot;Real estate project (REP)&quot;, define &quot;Residential Real Estate Project (RREP)&quot; by commercial carpet area threshold, and define &quot;Floor Space Index&quot; as gross floor area divided by land area.</description>
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