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HYDERABAD: The land designers are in for a noteworthy stun as the state government has chosen not to absolved progressing ventures from the domain of the Real Estate (Regulation and Development) Act (RERA)- 2016. The move will antagonistically influence the officially stifled development and realty part which have put almost one lakh crore rupees in continuous tasks over the state. The RERA came into compel on May 1, however states were given three-month time to plan draft standards and issue warning. Signs are that the Telangana government will tell the Act in about seven days. "The bill will get the bureau endorsement soon," city organization serve K T Rama Rao told STOI.

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