Credai wants MahaRERA to push deadline


The Confederation of Real Estate Developers Association of India (Credai) has written to the Maharashtra Real Estate Regulatory Authority (MahaRERA) to extend the deadline for completion of projects by a month in the face of the nationwide lockdown.

“Developers cannot meet deadlines in the current pandemic situation,” Credai office-bearers said.

Developers from Pune said workers have left for their respective hometowns and that work had ground to a halt. “We cannot meet our deadlines as we cannot procure anything for the construction. In Pune city, the registration offices are closed, so there are no registrations too,” a builder said.

MahaRERA has, meanwhile, adjourned cases, scheduled for hearing between March 16 and March 31, except for “very urgent matters”, due to the spreading coronavirus pandemic.

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