West Asia crisis: Centre advises state RERAs to extend project deadlines by 4 months; CREDAI, NAREDCO welcome move
India, July 31 -- The Union Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension to the registration and completion timelines for eligible real estate projects affected by disruptions caused by the ongoing West Asia crisis.
The advisory applies to registered projects whose original, revised or extended completion date falls on or after February 28, 2026. To expedite implementation and reduce procedural delays, the Ministry has also recommended that State RERAs issue a single order granting the extension rather than requiring separate applications for individual projects.
The move has been welcomed by both developers' bodies, CREDAI and NAREDCO, whi...
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