K-RERA warns developers for not meeting project completion deadlines

27 Oct 2021 CW Team

Real estate developers in Bengaluru have completed only 51 out of 424 housing projects even after the deadline was extended.

The Karnataka Real Estate Regulatory Authority (K-RERA) has planned to take action against defaulting developers. According to the developers, the pandemic was the main reason for the delay, due to which the deadline was extended further by another six months.

K-RERA had extended the deadline for the apartment projects from April to 30 September as a relief to the real estate sector after being affected by the Covid-19 pandemic.

According to data, only some projects were completed within the extended deadline. K-RERA officials said that they would wait for a month before acting against the defaulting developers.

H C Kishore Chandra, Chairman of K-RERA, said that the developer would have to face legal actions if they fail to deliver the apartments to the customers within the deadline.

If a developer fails to deliver a project within the deadline mentioned in the sale agreement, he will have to pay 9% interest on the apartment value for the delayed period apart from the compensation fixed by K-RERA.

It is the third extended deadline given to the developers after getting hit by the Covid-19 pandemic. K-RERA initially extended the deadline by six months from 15 March 2020 and then extended it by another three months.

Total 525 out of 4,378 approved projects were not completed within the deadline, while the deadline was extended for 241 projects due to the Covid-19 pandemic. While 284 applications seeking extension are still under process, the completion date has expired for 976 projects.

M S Shankar, general secretary of Forum for People's Collective Efforts, said that homebuyers would have to wait for more for the possession but should continue to repay the home loans. But the developers argue that the extension was not beneficial because it was non-uniform towards all the projects.

Image Source

Real estate developers in Bengaluru have completed only 51 out of 424 housing projects even after the deadline was extended. The Karnataka Real Estate Regulatory Authority (K-RERA) has planned to take action against defaulting developers. According to the developers, the pandemic was the main reason for the delay, due to which the deadline was extended further by another six months. K-RERA had extended the deadline for the apartment projects from April to 30 September as a relief to the real estate sector after being affected by the Covid-19 pandemic. According to data, only some projects were completed within the extended deadline. K-RERA officials said that they would wait for a month before acting against the defaulting developers. H C Kishore Chandra, Chairman of K-RERA, said that the developer would have to face legal actions if they fail to deliver the apartments to the customers within the deadline. If a developer fails to deliver a project within the deadline mentioned in the sale agreement, he will have to pay 9% interest on the apartment value for the delayed period apart from the compensation fixed by K-RERA. It is the third extended deadline given to the developers after getting hit by the Covid-19 pandemic. K-RERA initially extended the deadline by six months from 15 March 2020 and then extended it by another three months. Total 525 out of 4,378 approved projects were not completed within the deadline, while the deadline was extended for 241 projects due to the Covid-19 pandemic. While 284 applications seeking extension are still under process, the completion date has expired for 976 projects. M S Shankar, general secretary of Forum for People's Collective Efforts, said that homebuyers would have to wait for more for the possession but should continue to repay the home loans. But the developers argue that the extension was not beneficial because it was non-uniform towards all the projects. Image Source

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Infrastructure Urban

13 Mar 2026

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Infrastructure Urban

13 Mar 2026

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..