HRERA Orders Agrante Realty to Pay Buyers 11.1% Interest for Delayed Affordable Housing Project

Dated on: Wednesday 27th August 2025

Haryana RERA has directed Agrante Realty to compensate buyers of its “Kavyam” affordable housing project in Sector 108, Gurugram, for delays in handing over flats. The project was to be delivered by February 2024, but despite buyers paying almost the entire cost, possession has not been given. The regulator rejected the builder’s claims of COVID-19 and construction bans as excuses for the delay. HRERA ordered Agrante to pay buyers 11.1% annual interest on their payments until possession and ensure all promised amenities are completed, while prohibiting additional charges beyond the signed agreements.