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HI Bharat and MS team
I fixed this issue from my end here is the fix
Root cause: Old VS Code (1.86.2) and outdated Bicep extension (0.34.44) were incompatible with the newer Bicep CLI, so the Bicep language server/IntelliSense never loaded.
Fix: Updated VS Code, upgraded the Microsoft Bicep extension to 0.43.8, removed conflicting Bicep extensions, and restarted the VS Code extension host.