India, May 13 -- Amid the ongoing US-Iran war, the Confederation of Real Estate Developers' Associations of India (CREDAI), the real estate developers' body, has urged the Ministry of Housing and Urban Affairs to direct state RERA authorities to grant a blanket extension of three to six months for project completion timelines and recognise the situation as a force majeure event for the real estate sector.

The developers' body said disruptions in raw material supplies and labour shortages triggered by the situation are delaying project execution nationwide.

In a letter dated April 30, 2026, addressed to the Secretary of the Ministry of Housing and Urban Affairs, Credai said the ongoing situation in West Asia has severely disrupted constr...