Realtors get 6-month breather on deadlines

Mumbai | Bengaluru | New Delhi: The government has issued an advisory to the state authorities to extend the deadlines for completion and registration of real estate projects by six months and to treat the Covid-19 pandemic as a ‘force majeure’ event under the Real Estate (Regulation & Development) Act, 2016.

State-specific RERA authorities can extend the deadlines by another three months.

Any project that was scheduled to be completed on or after March 25 will get the benefit of the extension.


The authorities have been advised to issue fresh ‘certificate of registration’ automatically with revised deadlines.

Force majeure clause in longterm contracts prevents either of the parties from fulfilling their contractual obligations and also absolves them from penalties in case of unforeseeable circumstances such as natural calamities.