India, Feb. 14 -- Union Housing and Urban Affairs Minister Manohar Lal Khattar on February 14 indicated that a dedicated fund could be set up to revive stuck housing projects approved in the pre-RERA era, in line with industry suggestions, to enable a win-win resolution for both developers and homebuyers.

Speaking on the second day of the NAREDCO Conclave 2026, the minister indicated that a dedicated fund could be created to finance stalled housing projects approved before the implementation of the Real Estate (Regulation and Development) Act (RERA).

"There are wider and broader suggestions from the industry that a dedicated fund could help both promoters and homebuyers reach a win-win settlement in pre-RERA stalled projects," he said....