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[부동산] 부동산 프로젝트 "불법"에 대한 RERA 기한을 연장하여, 주택 구입자들은 PM Modi에게 편지를 쓴다.
[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.
Here I have important INDIA real estate news to share with you which is as mention under.

Pointing out that extension of project timelines comes with an additional burden of EMI, rent
and mental agony, homebuyers in a letter to prime minister Narendra Modi have said that the
Centre’s advisory asking real-estate regulators (RERA) in states and union territories to extend
by at least six months the deadline for completion of projects in the face of the coronavirus
outbreak is “illegal and beyond the powers under the law.”

Homebuyers, have requested the PM to issue directions to MoHUA to modify its advisory on
force majeure due to Covid-19, to be in line with section 6 of RERA, and that to only for the
actual period of lockdown when construction was not permitted, without any further liberty to
the authorities to extend.

“Anything other than this, is patently illegal and should not be promoted by the very
custodians of the law,” the letter said.

“It has become a practice amongst the regulatory authorities to provide indiscriminate
extension to real estate projects without following the requirements of the law (Section 6),
which clearly stipulates that an extension can only be given ‘when there is no default on the
part of developers and only on grounds of Force Majeure’.


Read more at:https://www.moneycontrol.com/news/business/real-estate/extending-rera-deadline-for-real-estate-projects-illegal-homebuyers-write-to-pm-modi-5372711.html



KAMA GROUP
New Delhi
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