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Haryana RERA Orders Compensation for Delay
Dated on: Monday 30th March 2026Haryana Real Estate Regulatory Authority has directed a builder to compensate homebuyers for a delay of nearly five years in handing over flats. The authority ordered the developer to provide possession and pay 11% annual interest for the delayed period. Buyers had already paid a significant portion of the property cost but did not receive their homes on time. RERA dismissed the builder’s justifications and held them accountable under existing regulations. The ruling reinforces strict compliance with project timelines and protects homebuyers from prolonged delays in real estate projects.
