Real estate developers based in the National Capital Region (NCR) have sent letters to the Real Estate Regulatory Authorities (RERAs) of Delhi, Uttar Pradesh (UP), and Haryana. The purpose of these appeals is to obtain permission to extend the completion deadlines for registered projects due to potential delays caused by the conflict in the Middle East.
This request followed the release of an advisory opinion from the Ministry of Housing and Urban Affairs (MoHUA), which classified the Middle East conflict as a war for the purposes of applying force majeure provisions.
In a letter dated August 13, the Confederation of Indian Real Estate Developers Association (Credai NCR) asked the RERAs of Delhi, UP, and the Panchkula branch of Haryana to promptly implement this MoHUA advisory opinion.
The consultation recommended the automatic granting of a four-month extension for completion deadlines for relevant and registered real estate projects following global supply chain disruptions triggered by tensions in the Middle East.
Such steps are being taken against the backdrop of recent orders issued by the HARERA Gurugram branch and the Rajasthan RERA. Furthermore, this week, the Maharashtra RERA announced a similar four-month extension for real estate projects.
Credai NCR stated in its submission that according to the HARERA Gurugram decision, any relevant project whose completion deadline, revised schedule, or extended deadline falls on or after February 28, 2026, automatically receives a four-month relief without the need for individual applications from developers.
The organization insists that a unified regulatory approach across the entire NCR is crucial for ensuring operational stability, simplifying business conduct, and preventing procedural bottlenecks for both developers and homebuyers.
According to market analysts, developers are already factoring in a four-to-six-month delay in project completion plans, depending on the construction stage and the availability of key materials and equipment.
Real estate agents added that since the start of the conflict in February of this year, construction costs have increased by 15-30 percent, while labor costs have risen by 15-20 percent. The rise in prices of raw materials such as steel, cement, aluminum, and fuel, as well as imported materials, has also contributed to the increase in building costs.
Vishal Gupta, President of Credai NCR, welcomed the extensions granted by several state RERAs, noting that this step will significantly reduce administrative complexities for relevant projects and provide necessary confidence in the sector.
Nikhil Haveliya, Secretary of Credai NCR, stated that 'the real estate sector is facing significant difficulties arising from disruptions in global supply chains and the availability of construction materials. The MoHUA advisory opinion on granting automatic extensions is a welcome and practical step.'
The organization expressed optimism regarding the swift alignment of the remaining regulatory bodies in Delhi, UP, and Panchkula with the central advisory opinion to achieve inter-regional consistency across the entire NCR region.
