West Asia crisis: Homebuyers question 4-month RERA project timeline extension, seek equal relief

Homebuyers criticized the Union Housing and Urban Affairs Ministry's advisory allowing a four-month extension for housing project timelines due to the West Asia crisis, arguing it unfairly favors developers. They highlighted that while developers receive regulatory relief, homebuyers awaiting possession have no comparable support. The Forum For People's Collective Efforts warned that this precedent could lead to repeated extensions based on future international conflicts, undermining buyer protections.

Read the source (Hindustan Times Real Estate)

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