[Breaking] COVID-19 Treated As 'Force Majeure' For Real Estate Projects; Contracts Of Central Agencies Extended By 6 Months : Finance Minister

LIVELAW NEWS NETWORK

13 May 2020 5:35 PM IST

  • [Breaking] COVID-19 Treated As Force Majeure For Real Estate Projects; Contracts Of Central Agencies Extended By 6 Months : Finance Minister

    In the press briefing held the Union Finance Minister Nirmala Sitharaman on Wednesday evening to explain the details of the Rs 20 lakhs crores economic stimulus announced by the Prime Minister Narendra Modi, she said that the COVID-19 pandemic period will be treated as "force majeure" for real estate projects."Ministry of Housing and Urban Development will issue advisories to the...

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