docs: added a local setup guide #245

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Vemarthula-Microsoft wants to merge 13 commits intodevfrom

ve-Local-readme

Commits on Aug 13, 2025

removed cli changes
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Commits on Dec 16, 2025

Update LocalSetupGuide with detailed setup instructions for backend and frontend components
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Fix formatting issue in LocalSetupGuide by removing duplicate line
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Commits on Dec 18, 2025

Update Local Development Setup Guide to reflect Python 3.12 installation instructions
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