What are the legal considerations regarding financing and funding sources for the redevelopment project, including tax incentives and grants?
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Legal considerations for financing redevelopment projects in Pune include obtaining loans, adhering to financial regulations, and complying with the Real Estate (Regulation and Development) Act (RERA) for project financing transparency. Developers should also explore potential tax incentives and grants available for redevelopment under local and national policies, such as those aimed at promoting affordable housing or urban renewal. Consulting with financial and legal experts is crucial to identify and leverage these opportunities while ensuring compliance with all relevant laws and regulations.