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Haryana RERA Extends Deadlines Due to Global Crisis

Summary

  • HRERA Gurugram granted a four-month extension for project completion.
  • The extension is due to disruptions caused by the West Asia situation.
  • The relief is automatic for eligible projects registered by July 31, 2026.
Haryana RERA Extends Deadlines Due to Global Crisis

The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has officially granted eligible real estate projects a four-month extension on their completion deadlines. This significant relief measure, effective from August 11, directly addresses disruptions stemming from the ongoing situation in West Asia.

The Ministry of Housing and Urban Affairs (MoHUA) had previously advised state RERA authorities to offer this four-month extension, classifying the West Asia crisis as a force majeure event. This central directive aims to mitigate issues like increased freight costs and shortages of construction materials such as steel and aluminum.

This automatic extension applies to projects registered with HRERA on or before July 31, 2026, whose completion dates fall on or after February 28, 2026. Developers have welcomed the decision, citing its utility in managing supply chain volatility and avoiding rushed construction. However, the extended timelines may result in longer waits for homebuyers.

While the extension provides developers with a buffer against material shortages and logistics delays, it does not exempt them from other RERA obligations. The specific impact and eligibility will hinge on individual project registration timelines and HRERA's defined conditions.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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