Haryana RERA Orders Identity Buildtech to Pay 10.8% Interest for Flat Delay

Dated on: Wednesday 2nd September 2026

Haryana RERA has directed Identity Buildtech Pvt Ltd to pay 10.8% annual interest to a UK-based couple over delayed possession of their flat in Gurugram. The buyers had invested more than ₹48 lakh, with additional payments made later, but construction showed little progress and no occupation certificate or possession offer was available. The authority rejected the developer’s argument that the complaint was time-barred, noting that the project remains ongoing under RERA. Identity Buildtech must clear accumulated interest within 90 days, followed by monthly payments. The order reinforces homebuyers’ rights against prolonged possession delays.