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    <description>The notification adds taxable entries for services: transfer of development rights or FSI to a promoter for project construction, and long term lease of land (30 years or more) with upfront and/or periodic consideration for construction by a promoter. It also inserts definitions adopting the meanings of apartment, promoter, REP and related terms from the Real Estate (Regulation and Development) Act, 2016, and defines RREP by limiting commercial carpet area to not more than fifteen percent of total carpet area.</description>
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