Maharashtra RERA extends timelines for certain projects; here's why it matters

In a significant move, Maharashtra's real estate regulator has granted an automatic extension of four months for project completions. Projects originally set to finish on or after February 28, 2026, qualify for this relief. This adjustment acknowledges the global supply chain challenges affecting material availability, which may lead to homebuyers experiencing possession delays of up to four months for their properties.

By TRISHA MAHAJAN