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This is in addition to the 122 sites it had identified for sale about 10 days ago, taking the total to 197.

According to a circular issued on February 11, the revised penalty will apply to allottees who have not commenced construction within the timeline specified in their lease-cum-sale agreement.

Shelby Putnam Tupper is founder and creative director of Shelby Designs Inc., a small-but-mighty, full-service, customer-obsessed design consultancy.