ET explainer: Centre's 4-month extension to ease compliance burden for realty companies, ensure project completion

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The government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West Asia situation impacting supply chains. Eligible projects with completion dates on or after February 28, 2026, may receive extensions. Homebuyers may experience possession delays of up to four months for these projects. State regulators will now decide on uniform implementation of this central directive.