The wait got longer for home buyers as the Real Estate Regulatory Authority Karnataka (K-RERA) is set to extend timelines for RERA-registered projects by four months, owing to disruptions in the supply of construction materials caused by the ongoing West Asia war.

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…

MoHUA has advised state RERAs to extend project deadlines by four months under Force Majeure amid the West Asia crisis; Naredco and Credai welcome the move | Real Estate News