Extension for Real Estate Projects

Source: • 13 May 2026

US-Iran war impact: CREDAI has urged the Centre to recognise the current situation as a force majeure event for the real estate sector

Amid the ongoing US-Iran war, the Confederation of Real Estate Developers' Associations of India (CREDAI), the real estate developers' body, has urged the Ministry of Housing and Urban Affairs to direct state RERA authorities to grant a blanket extension of three to six months for project completion timelines and recognise the situation as a force majeure event for the real estate sector.

US-Iran war impact: CREDAI has urged the Ministry of Housing and Urban Affairs to direct state RERA authorities to grant a blanket extension of three to six months for project completion timelines across the country.

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