HRERA grants 4-month extension to eligible housing projects

Haryana Real Estate Regulatory Authority (HRERA) has granted a four-month extension to eligible real estate projects struggling with supply chain and logistics issues linked to the West Asia crisis. The benefit applies automatically to registered projects whose original, revised, or extended completion date is on or after 28 February 2026, provided they were registered by 31 July 2026.

The order, issued under the Real Estate (Regulation and Development) Act 2016, follows a 31 July advisory from the Ministry of Housing and Urban Affairs (MoHUA). CREDAI had earlier sought a three- to six-month relief for affected projects. Roots Developers director Rajan Yadav said the move will help builders maintain quality amid material shortages and rising costs, avoiding penalties for delays. ANHAD Developers CEO Adil Altaf called it a practical step that reduces the risk of fines and rushed construction.

Homebuyers may face delays of up to four months in possession. However, real estate firms argue the relief will prevent incomplete projects, poor quality, and financial distress in the long run. The relaxation does not require separate applications from builders.