Redevelopment matters

In an agreement for Redevelopment, if the period stated is over, can it be extended after the expiry of the date mentioned between the society and the same builder?

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Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 13 October 2017

The owner is having The right to terminate the Development Agreement, if the builder does not complete construction on or before _______ should be with the cooperative society