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JLL finds 530M sq ft in 7 cities needs modernisation, led by Bengaluru
Maharashtra reduces premium to spur redevelopment.
Analysts: Profits could fall, but trade unlikely to be affected
The conversion scheme came into effect in March 2019
Deadline extended from January 15 to January 31
The State Govt cleared a proposal to cut levies on real estate premium by 50%
Decision to boost real estate and promote home buying
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