Thanks for the Responses. I have Tried All the suggested Conditions. and I would like to share the outcome.
-The Project in which this issue was Raised is standing on the same stage (still not Publishing), but i can publish as(PTE).
- I have tried to create new testing project as a second extension and used the same app.json(same dependencies, Runtime & Application Version) & launch.json and i was able to Publish this Project as both (DEV & PTE).
the Previous Project Contains 1130 Object Files. is the issue related to bulkiness in the project & slowing the publish request?