RERA and Force Majeure
By INSOL India - Editorial Team Posted On : June 01, 2020
The Ministry of Housing and Urban Affairs (Housing Section), through the Central Advisory Council (“CAC”) vide notification dated 13 May 2020, confirmed Covid-19 as a ‘forcemajeure’event as defined under section 6 of RERA and gave some directions to State Regulators to extend completion dates for projects where the completion date or revised completion date or extended completion date, by almost 6 months for projects where the registration expires on or after 25 March 2020.