India, Aug. 8 -- A week after the Union minister of housing and urban affairs (MoHUA) directed all housing regulators to extend deadlines for real estate projects due to force majeure, the Maharashtra Real Estate Regulatory Authority (MahaRERA) issued an order on Friday. A force majeure clause is a contract provision that relieves a party from liability when unforeseeable and unavoidable events-such as natural disasters, wars, or pandemics-make it impossible to fulfil contractual obligations.

This is the second time in MahaRERA's history that it is providing extensions to housing projects due to force majeure. This first was during the Covid-19 pandemic. Back then, MahaRERA invoked force majeure provisions to grant blanket project regist...