 "Housing finance, loans, home, NBFC, IBC, realty, real estate")
In a major relief to both home buyers and developers of group housing projects in the National Capital Region (NCR) amid the Covid-19 pandemic, the Uttar Pradesh government has extended the deadline for completing projects by one-and-a-half years to December 31, 2021.
The earlier window provided to these projects, consisting of more than 100,000 housing units in Noida, Greater Noida and Yamuna Expressway authorities, by the Yogi Adityanath cabinet in December 2019 expired on June 30, 2020.
Following the lockdown in March 2020, the work on housing projects had come to a standstill in NCR, and developers had urged the state to
