RERA Timelines to be Extended Suo Moto by up to 6 Months

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GUWAHATI DESK: Finance minister Nirmala Sitharaman announced that the Ministry of Housing and Urban Affairs will be issuing advisories to states & union territories and their regulatory authorities to extend registration and completion date moto by 6 months for all registered projects expiring on or after March 25, without individual application.

Fresh Project Registration Certificates will be issued automatically.

These measures are taken to de-stress real estate developers and ensure completion of projects so that homebuyers are able to get delivery of their booked houses under new timelines.

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