Construction projects get 6-month extension - ECAS Punjab

Construction projects get 6-month extension

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Chandigarh, May 22

Chief Minister Captain Amarinder Singh on Friday announced a slew of relief measures for the beleaguered real estate sector amid the unprecedented Covid-19 situation, including six-month extension in the permissible period of construction of plots/projects for all allottees, whether private or allotted by state urban authorities, either through auction or draw of lots.

The relief measures are applicable to all urban development authorities of the state, and shall be restricted to amount due from April 1, 2020 to September 30, 2020.— TNS

from The Tribune

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