Goa RERA drafts rules to extend realty project deadlines by a year

10 Aug 2021 CW Team

The department of urban development has drafted rules to prolong the completion timelines for real estate projects, registered with the Goa Real Estate Regulatory Authority (RERA).

According to the rules, the builder would be given an additional term of one year to achieve the project, with any further extension being given on a case to case basis.

S Kumaraswamy, Goa RERA, Chairperson, told the media that the real estate company or builder would have to apply to Goa RERA Authority at least three months prior to the validity of the registration term expires and only in rare and unforeseen situations the three months may be waived.

The rules, Extension of Registration of Real Estate Project by the Goa Real Estate Regulatory Authority Regulation, 2021, give guidelines to prolong the validity period already allowed for the completion of the real estate project.

Goa RERA will charge Rs 10 per sq m of the land planned to be developed with a minimum of Rs 50,000 and a maximum of Rs 10 lakh for extending the project completion deadline.

Kumaraswamy told the media that the builder would have to present a proposed plan of the project showing the most recent stage of development, along with an explanation for the delay in the completion of the project.

He said that an explanatory note concerning the state of development works in the project and the reason for not completing the development works in the project within the period stated at the time of making registration of the project has to be presented.

Real estate companies will have to get all other permissions and extensions before they approach Goa RERA for an extension.

The extension may be viewed, which shall in aggregate not exceed one year. Extension of more than a year will be determined on a case by case basis.

Image Source

Also read: MahaRERA invokes clause to extend registration validity of projects

Also read: Govt extends deadline for Rs 3.03 lakh cr schemes by December 31

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The department of urban development has drafted rules to prolong the completion timelines for real estate projects, registered with the Goa Real Estate Regulatory Authority (RERA). According to the rules, the builder would be given an additional term of one year to achieve the project, with any further extension being given on a case to case basis. S Kumaraswamy, Goa RERA, Chairperson, told the media that the real estate company or builder would have to apply to Goa RERA Authority at least three months prior to the validity of the registration term expires and only in rare and unforeseen situations the three months may be waived. The rules, Extension of Registration of Real Estate Project by the Goa Real Estate Regulatory Authority Regulation, 2021, give guidelines to prolong the validity period already allowed for the completion of the real estate project. Goa RERA will charge Rs 10 per sq m of the land planned to be developed with a minimum of Rs 50,000 and a maximum of Rs 10 lakh for extending the project completion deadline. Kumaraswamy told the media that the builder would have to present a proposed plan of the project showing the most recent stage of development, along with an explanation for the delay in the completion of the project. He said that an explanatory note concerning the state of development works in the project and the reason for not completing the development works in the project within the period stated at the time of making registration of the project has to be presented. Real estate companies will have to get all other permissions and extensions before they approach Goa RERA for an extension. The extension may be viewed, which shall in aggregate not exceed one year. Extension of more than a year will be determined on a case by case basis. Image Source Also read: MahaRERA invokes clause to extend registration validity of projects Also read: Govt extends deadline for Rs 3.03 lakh cr schemes by December 31

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Real Estate

03 Jun 2026

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Infrastructure Transport

03 Jun 2026

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..