Ghaziabad: CREDAI and UP-Rera are at loggerheads over conditions imposed by the real estate regulator on a four-month extension granted to delayed housing projects because of disruptions caused by the West Asia conflict.The dispute stems from a July 31 advisory issued by the ministry of housing and urban affairs (MoHUA), asking the real estate regulatory authorities to grant a four-month extension to thousands of delayed projects affected by supply-chain disruptions. The relief applies to projects whose completion dates fell on or after Feb 28.In its Aug 25 order, however, UP-Rera said only developers who had filed their annual reports and quarterly progress reports (QPRs) would be eligible for the extension. The order restricts eligibility to projects whose relevant completion date falls between Feb 28, 2026, and Oct 31, 2026. It also states that the sanctioned map/layout/building plan as on Feb 28 must be validated, and project-wise scrutiny by the technical division must be conducted, with a separate request after curing pending compliances.CREDAI has objected to the additional conditions, pointing to Maharashtra, Karnataka, Telangana, Tamil Nadu and Haryana, where regulators have granted the extension without similar restrictions.In its letter to the UP-Rera secretary, CREDAI said that all ongoing projects should have received a uniform four-month extension, in line with the July 31 advisory. It said that the regulatory body has introduced conditions that would exclude a majority of the projects.“The central govt has treated the West Asia situation as force majeure. Accordingly, all projects should have automatically qualified for a four-month extension. By imposing conditions, UP RERA has complicated the matter, and as a result, most developers will not benefit,” CREDAI president Dinesh Gupta said.Gupta warned that large-scale protests may follow if the order is not revised.“It has also demanded that no enforcement action be initiated against developers until a fresh decision is issued on the matter. CREDAI has requested a personal hearing with the authority and urged the issuance of a revised order that provides equal and easily accessible relief to all eligible developers,” Gupta added.UP-Rera chairperson Sanjay Bhoosreddy, meanwhile, stressed that MoHUA issued an advisory, not an order, and the regulatory authority is choosing not to extend the relief to developers who have not submitted QPRs and annual reports in the larger interest of the homebuyers.Bhoosreddy said that the four-month extension is available for developers to fulfil key requirements. “The validity of the eligible projects fulfilling the above requirements will be automatically extended by four months. If any of the promoters has defaulted on fulfilment of any of these conditions, the benefit will not be extended to them. They are advised to meet compliances and make a written request to the UP-Rera,” he added.On other real estate authorities not introducing any such conditionality, Bhoosreddy said, “Compliance is poor in UP compared to other states, so we have introduced these conditions in the larger interest of the homebuyers.”
