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By SRELJ Bureau

On 13th May 2020, Government of India through Ministry of Housing and Urban Affairs issued a circular No 0-17024/230/2018/-Housing-UD/EFS-9056405 dated 13th May 2020 issuing advisory for Extension of various Real Estate Projects due to “Force Majeure” under the provisions of Real Estate (Regulation and Development ) Act 2016, (RERA).

The circular have identified reverse migration of Labour in construction industry and it will take time to resume the work. The Central Advisory Council, an apex body constituted by RER Act 2016 have identified the situation as Force Majeure and decidedĀ  under section 5, 6, 7(3), of RERA or Rules thereunder.

All registered projects having completion date on or after 25th March 2020 shall be be given by respective state RERA an extension of SIX months . It is further advised by the Council that the respective state may give further THREE MONTHs extension as per the situation in the respective states.

Copy of the notification may be obtained from us by sending request on {response @ saptakala. com} by quoting your subscription ID.


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