Punjab RERA revises deadline

CHANDIGARH: Considering the Covid-19 situation, Punjab Real Estate Regulatory Authority (RERA) on Wednesday revised completion date of real estate projects by six months.

RERA chairperson NS Kanga said the period of validity for registration of such projects will automatically be extended by six months from the original date.

“For all projects, the registration of which had lapsed prior to March 15, the period of validity of registration will be extended by six months in addition to a period that would normally be granted on processing the application, provided they apply for extension after paying the necessary late fee. In calculation of late fee, the period from March 15 to June 30 will be excluded,” said a statement.