Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisis

The Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global supply chains and material shortages. The extension applies to projects with completion dates on or after February 28, 2026. This move aims to provide relief to developers and protect homebuyers' interests. Uniform implementation across states will ensure project momentum and timely deliveries.

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