The Hindu·2 min read·medium
Karnataka: RERA-registered projects to get four-month extension due to West Asia war
T
The Hindu Bureau
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The Karnataka Real Estate Regulatory Authority is extending project deadlines by four months for developers affected by supply chain disruptions linked to the West Asia war. This move follows a central government advisory allowing for force majeure extensions due to the conflict.
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.
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