Housing Ministry Suggests 4-Month RERA Extension for Projects Affected by West Asia Disruption
File Photo NEW DELHI: The Ministry of Housing and Urban Affairs (MoHUA) has recommended that state real estate regulatory authorities consider allowing a four-month extension for the registration and completion timelines of registered real estate projects impacted by the ongoing situation in West Asia. This advisory specifically pertains to projects whose completion date, revised completion date, or extended completion date is on or after February 28, 2026. MoHUA stated that it has received feedback from stakeholders in the real estate sector about the adverse effects of the West Asia situation on global supply chains, leading to shortages of construction materials…