Instance creation timeout as volume still is in downloading state in Red Hat OpenStack Platform

Solution Verified - Updated -

Issue

Instance creation fails with below error message

[Error: Build of instance <instance-id> aborted: Volume <volume-id> did not finish being created even after we waited 200 seconds or 61 attempts. And its status is downloading.].

Environment

Red Hat OpenStack Platform 10
Red Hat OpenStack Platform 13

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