You Searched for: builder penalty
Consumer Forum Directs Green Space Infraheights to Compensate Homebuyer with 12% Annual Interest for Delayed Possession

A District Consumer Commission has directed Green Space Infraheights Pvt Ltd to pay 12% annual interest to a homebuyer for delayed possession, reinforcing the principle that builders must compensate buyers fairly for contractual breaches in project delivery.

By Admin

  • 27th Dec 2025
  • 1223 Views
MahaRERA Introduces First-Ever Time-Bound Recovery Framework to Claim Compensation from Non-Compliant Developers

MahaRERA has unveiled a first-of-its-kind SOP for compensation recovery, giving homebuyers a time-bound enforcement pathway against defaulting developers, including asset seizure and civil imprisonment provisions.

By Admin

  • 9th Dec 2025
  • 1418 Views
Haryana RERA Directs Agrante Realty to Pay 11.1% Annual Interest to Homebuyers for Delayed Possession in Gurgaon Kavyam Project

Haryana RERA orders Agrante Realty to pay 11.1% annual interest to Kavyam project homebuyers in Gurgaon for possession delays beyond February 2024 deadline.

By Admin

  • 27th Aug 2025
  • 1907 Views
Hidden Builder Clauses That Can Drain Your Wallet: The “Whichever Is Earlier” Trap Explained

Many builder agreements include hidden clauses like “whichever is earlier,” forcing payments even if construction is delayed. Learn how these terms impact homebuyers and how to legally protect yourself before signing.

By Admin

  • 2nd Jun 2025
  • 1379 Views
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