Pune RERA UPDATE: – Extension of project registration by 6 months

Whereas, in view of COVID- 19 (Corona Virus) Pandemic and consequent nation-wide lockdown with effect from March, 2020, reverse migration of labourers to their native places and break in supply chain of construction material, the construction activities of real estate projects across the country had been severelyimpacted.

Whereas Ministry of Housing and Urban Affairs had issued Advisory regarding extension of registration of real estate projects and concurrently extending time I inesof all statutory compliances due to ‘Force Majeure’ under the provisions of Real Estate (Regulation and Development) Act, 2016 (RERA), on 13″ May 2020 and subsequently MahaRERA had revised project registration validity by 6 months.

Whereas, MahaRERA accordingly hau issued an order under no.14/2ñ20 dated 18.05.2020 granting an extension of a period of six months, from 15.03.2020 to 14.09.2020, in compliance of the directives of GOI.

Whereas, second  wave  of  Covid-19  pandemic  started  in  April  2021  and r ztszrorrionw ork places came to stand still due to non-availability of labours and construction on movement of building material etc. and this wave especially was more predominant inMaharashtra.

Whereas, Government of Maharashtra took decision and issued orders vide no.DMU720207CR. 927DisM- 1, dated 13704/2021 , imposing variottsrestriction on Construction Activity

amongst other including penalty for default.

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