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Explained: All you need know about the government plan to monetise urban real estate assets under NMP

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This post is taken from moneycontrol.com (source).

Finance Minister Nirmala Sitharaman on August 23 announced a Rs 6 lakh crore Redevelopment of seven residential colonies in Delhi, including those at Sarojini Nagar and Nauroji Nagaras as well as development of residential/ commercial units on 240 acres of land in Ghitorni in Delhi has been identified to garner Rs 15,000 crore.

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