the state will decrease a recent example is the centres decision to reduce excise duty on petroleum productsthe revenue loss due to this is expected to be around rs 360 crore every yearthis being the situation after welcoming gst the trs government is getting underway to criticise it and this is to be reflected in the resolution that the assembly is slated to take up and pass in the next few days is expected to come up as an office space hub while npr will continue to see higher vacancy levels said praveen jain president of national real estate development council