The Hindu·3 min read·medium
Centre eases housing project timelines amid West Asia disruptions
T
Team PropertyPlus
✦AI Summary
The Indian government has advised state regulators to grant a four-month extension to housing projects registered before February 2026. This move aims to mitigate construction delays caused by supply chain disruptions resulting from the ongoing war in West Asia.
After much delay to real estate projects, owing to the ongoing war in West Asia disrupting supply chains and hampering construction activity, developers can heave a sigh of relief. The Centre has advised the state Real Estate Regulatory Authorities (RERAs) to grant a four-month extension to eligible housing projects.
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