Builder Delayed Flat? RERA Awards ₹5L Compensation

Telangana RERA ordered a builder to pay ₹5.04 lakh in interest compensation to a homebuyer whose flat delivery was delayed. The builder's extra ₹30,000 debris charge was also rejected. If your builder is late, you have legal rights.

Here's what happened: Telangana RERA ordered a builder to pay ₹5.04 lakh as interest compensation to a homebuyer who suffered delayed flat possession and had to pay both EMI and rent simultaneously.. The builder attempted to levy an additional ₹30,000 debris removal charge at handover, which TSRERA ruled was illegal and rejected entirely.. The ruling reinforces RERA Section 18, which mandates builders pay interest at the prevailing home loan rate for every month of delayed possession..

What you should do: Check your builder-buyer agreement for the promised possession date — any breach beyond that date makes you eligible to file a RERA compensation claim.. Document every month you paid both EMI and rent due to the delay; collect bank statements, rent receipts, and your loan account statement as evidence before filing.. Visit your state RERA portal (e.g., tsrera.telangana.gov.in, maharera.mahaonline.gov.in) and file a Section 18 complaint — you can claim interest compensation even after eventually taking possession..

You can claim RERA interest compensation even if you've already accepted possession — accepting the flat does not waive your right to file for the delay period.