{"id":10856,"date":"2026-07-22T07:11:22","date_gmt":"2026-07-22T07:11:22","guid":{"rendered":"https:\/\/housiey.com\/blogs\/?p=10856"},"modified":"2026-07-22T07:13:42","modified_gmt":"2026-07-22T07:13:42","slug":"refund-delayed-project-rera","status":"publish","type":"post","link":"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera","title":{"rendered":"Can I Get a Refund if My Project is Delayed Under RERA?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Quick_Answer\" >Quick Answer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Market_Snapshot_Table\" >Market Snapshot Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#What_Does_RERA_Say_About_Delay_in_Delivery_of_Possession\" >What Does RERA Say About Delay in Delivery of Possession?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#How_Can_You_Claim_a_Refund_Under_RERA\" >How Can You Claim a Refund Under RERA?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Section_18_of_RERA_%E2%80%93_What_Is_It\" >Section 18 of RERA &#8211; What Is It?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Do_You_Offer_Refunds_or_Compensation_Options\" >Do You Offer Refunds or Compensation Options?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Which_Documents_Do_I_Need_to_Claim_a_Refund\" >Which Documents Do I Need to Claim a Refund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#How_to_File_a_Complaint_for_a_Refund\" >How to File a Complaint for a Refund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Will_I_Get_Interest_on_the_Refund\" >Will I Get Interest on the Refund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Can_the_Builder_Refuse_to_Give_a_Refund\" >Can the Builder Refuse to Give a Refund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#What_Is_the_Remedy_if_Builder_Contravenes_the_RERA_Order\" >What Is the Remedy if Builder Contravenes the RERA Order?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#How_Can_Buyers_Avoid_Future_Delays_of_Work\" >How Can Buyers Avoid Future Delays of Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Why_Should_you_choose_Housiey\" >Why Should you choose Housiey?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Conclusion\" >Conclusion\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/housiey.com\/blogs\/refund-delayed-project-rera\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Buying a home is one of the most important financial decisions a person makes. When a developer fails to hand over possession on time, buyers are left paying EMIs, rent or both, while waiting for their dream home. To deal with such situations, the <\/span><b>Real Estate (Regulation and Development) Act, 2016 (RERA)<\/b><span style=\"font-weight: 400;\"> offers some key legal protections to homebuyers against unreasonable project delays.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the most frequent queries that the buyers ask is whether they can claim <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> for delay in project under <\/span><b>RERA<\/b><span style=\"font-weight: 400;\">. Yes, but the refund process, eligibility and compensation will depend on the circumstances of the delay and the buyer\u2019s decision to exit the project or continue with it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This guide explains when you can claim a <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> under <\/span><b>RERA<\/b><span style=\"font-weight: 400;\">, rules that apply, compensation and the claim filing process.<\/span><\/p>\n<blockquote><p><strong>Also Read:\u00a0<em><a href=\"https:\/\/housiey.com\/blogs\/how-to-check-if-a-real-estate-project-is-maha-rera-registered\">How to Check if a Real Estate Project is Maha RERA Registered?<\/a><\/em><\/strong><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Quick_Answer\"><\/span><strong>Quick Answer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Yes. If the builder fails to deliver possession by the stipulated date and the delay is not covered by legally acceptable reasons, <\/span><b>Section 18 of RERA<\/b><span style=\"font-weight: 400;\"> allows the home buyer to claim a full <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> with applicable interest or to continue with the project and get interest for every month of delay till possession.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Snapshot_Table\"><\/span><strong>Market Snapshot Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th><b>Specific Information<\/b><\/th>\n<th><b>Details<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Applicable Law<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Real Estate (Regulation &amp; Development) Act, 2016<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Related Provision<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Section 18 of the <\/span><b>RERA<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Refund eligibility<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Delay in possession of promoter<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Refund Includes<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Amount paid + interest applicable<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Alternative option<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Continue in project and receive delay interest<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Complaint Authority<\/span><\/td>\n<td><span style=\"font-weight: 400;\">State <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authority<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Applicable Projects<\/span><\/td>\n<td><b>RERA<\/b><span style=\"font-weight: 400;\"> registered projects<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Consumer Benefit<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Legal protection for project delays<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_RERA_Say_About_Delay_in_Delivery_of_Possession\"><\/span><strong>What Does RERA Say About Delay in Delivery of Possession?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Section 18 of <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> protects the buyers in case the promoter fails to complete or deliver possession within the stipulated period mentioned in the sale agreement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the delay is on the part of the builder, and the buyer wishes to exit from the project, the promoter will have to return the money received along with the prescribed interest within the time prescribed under the applicable <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> rules.<\/span><\/p>\n<blockquote><p><strong>Also Read:\u00a0<em><a href=\"https:\/\/housiey.com\/blogs\/how-to-file-a-rera-complaint-and-win-against-your-builder-step-by-step\">How to File a RERA Complaint and Win Against Your Builder Step by Step<\/a><\/em><\/strong><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"How_Can_You_Claim_a_Refund_Under_RERA\"><\/span><strong>How Can You Claim a Refund Under RERA?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Usually you can get a refund if:<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th><b>Situation<\/b><\/th>\n<th><b>Can I get a refund?<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Builder fails to meet possession date<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Construction work has been stopped indefinitely<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Project is dropped<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Breach of agreement, serious<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Buyer cancels on own accord, no builder default<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Usually No<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Force Majeure Delay Recognized by Law<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Depending on the facts<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Each case is decided on the basis of the agreement, project status and applicable State <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Regulations.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Section_18_of_RERA_%E2%80%93_What_Is_It\"><\/span><strong>Section 18 of RERA &#8211; What Is It?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">One of the strongest buyer protection clauses under <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> is <\/span><b>Section 18<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It provides that if the promoter fails to complete or deliver possession as per the terms of the agreement, the buyer is entitled to withdraw from the project and get <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> with interest. Where the buyer fails to opt out, the interest for each month of delay until delivery of possession is payable to the buyer.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Do_You_Offer_Refunds_or_Compensation_Options\"><\/span><strong>Do You Offer Refunds or Compensation Options?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Yes. <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> provides two options to the buyer.<\/span><\/p>\n<table>\n<thead>\n<tr>\n<th><b>Decision of Buyer<\/b><\/th>\n<th><b>Entitlement<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Project drop<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Refund plus accrued interest<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Keep working on project<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Interest on monthly delay until occupation<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">This flexibility lets buyers pick the option that works best for their financial situation.<\/span><\/p>\n<blockquote><p><strong>Also Read:\u00a0<em><a href=\"https:\/\/housiey.com\/blogs\/explain-rera-rules-benefits-and-compliance-in-2026\">Explain RERA Rules, Benefits, and Compliance in 2026<\/a><\/em><\/strong><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Which_Documents_Do_I_Need_to_Claim_a_Refund\"><\/span><strong>Which Documents Do I Need to Claim a Refund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Prepare the following documents:<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Purchase agreement, allotment letter, payment receipts, builder correspondence, possession commitment details, project brochures (if any) and proof of delay.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Complete documentation makes your case stronger before the <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> authority.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_File_a_Complaint_for_a_Refund\"><\/span><strong>How to File a Complaint for a Refund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>The general process is this:<\/strong><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Collect all project documents.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">File a complaint with the concerned State <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authority.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay the necessary complaint fee.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If necessary, attend hearings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Refer to the <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> order.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The builder is expected to comply with the order in accordance with the applicable law.\u00a0<\/span><\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Will_I_Get_Interest_on_the_Refund\"><\/span><strong>Will I Get Interest on the Refund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Yes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under <\/span><b>RERA<\/b><span style=\"font-weight: 400;\">, generally the eligible buyers are entitled to get interest on top of the <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> amount. The applicable rate is according to respective state <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> rules.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Can_the_Builder_Refuse_to_Give_a_Refund\"><\/span><strong>Can the Builder Refuse to Give a Refund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A builder cannot refuse a valid <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> claim at will. Where the conditions under <\/span><b>Section 18<\/b><span style=\"font-weight: 400;\"> are met,<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there may be disputes as to the cause of the delay or the contractual obligations or the force majeure events which are evaluated by the <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authority on the basis of facts of each case.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Remedy_if_Builder_Contravenes_the_RERA_Order\"><\/span><strong>What Is the Remedy if Builder Contravenes the RERA Order?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Failure to adhere to <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> directions can result in penalties and enforcement proceedings under the Act.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">buyers can also move forward with the execution of the <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> order as per the applicable legal process.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Can_Buyers_Avoid_Future_Delays_of_Work\"><\/span><strong>How Can Buyers Avoid Future Delays of Work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Before you book a property:<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th><b>Checklist<\/b><\/th>\n<th><b>Importance<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Check <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> registration<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Extremely High<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Check schedule for project completion<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Extremely High<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Review promoter history<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Read the sale agreement carefully<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Very High<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Track progress of construction<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Keep records of payments<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Extremely High<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Good due diligence helps mitigate the risk of long delays.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Should_you_choose_Housiey\"><\/span><strong>Why Should you choose Housiey?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Buying a home is not just about finding the right property, but also about knowing your legal rights as a buyer. <a href=\"https:\/\/housiey.com\/\"><strong>Housiey<\/strong><\/a> is here to make this journey easier. Verified property information, expert guidance and valuable real estate insights are our ways of helping you make informed decisions. Whether buying your first home or investing in property, Housiey keeps you informed every step of the way.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>RERA<\/b><span style=\"font-weight: 400;\"> has empowered homebuyers to a great extent by making developers accountable for project delays. In case your builder fails to give you possession within the agreed time frame, you may be entitled to a <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> with applicable interest or compensation by way of delay interest depending upon whether you choose to pull out of the project.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are aware of your rights, maintain proper documentation and approach the right <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authority, you can safeguard your investment and obtain timely legal remedies.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span><strong>Key Takeaways<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><b><\/b><span style=\"font-weight: 400;\"> If possession is delayed, buyers can take relief under <\/span><b>Section 18 of RERA<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><b><\/b><span style=\"font-weight: 400;\"> Eligible buyers typically have the choice to get a <\/span><b>refund<\/b><span style=\"font-weight: 400;\"> plus interest or to go ahead with the project and get delay interest.<\/span><\/li>\n<li><b><\/b><span style=\"font-weight: 400;\"> We have to see the sale agreement and the promised date of possession to know the eligibility.<\/span><\/li>\n<li><b><\/b><span style=\"font-weight: 400;\"> The more documentation, the stronger the claim for a <\/span><b>refund<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><b><\/b><span style=\"font-weight: 400;\"> Delayed projects handled by State <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authorities.<\/span><\/li>\n<li><b><\/b><span style=\"font-weight: 400;\"> For any project, checking the <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> registration can save future risks.<\/span><\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Sources\"><\/span><b>Sources<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>Real Estate (Regulation and Development) Act, 2016<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">State <\/span><b>RERA<\/b><span style=\"font-weight: 400;\"> Authority websites and Ministry of Housing and Urban Affairs (MoHUA) Official regulations\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>RERA<\/b><span style=\"font-weight: 400;\"> Rules notified by various State Governments\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Government notifications regarding real estate regulation<\/span><\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><b>FAQs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Buying a home is one of the most important financial decisions a person makes. When a developer fails&hellip;<\/p>\n","protected":false},"author":4,"featured_media":10861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,78,86],"tags":[4099],"class_list":["post-10856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-pathshala","category-rera-updates","tag-refund-for-delayed-project-under-rera"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Refund for Delayed Project Under RERA? 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