Overview
The RERA Act, 2016 protects homebuyers from delayed possession, false promises, and unfair builder practices. Every project must be registered with the state RERA authority, and buyers can claim interest, compensation, or a refund for delays and deviations.
Key Provisions — Real Estate (Regulation and Development) Act, 2016
- Mandatory project registration with the state RERA authority.
- Builders must compensate buyers for delayed possession with interest.
- Carpet-area based sale and adherence to the sanctioned plan.
- Buyers can approach the RERA authority and the appellate tribunal.
What You Can Claim
Interest for delayed possession
Refund with interest
Compensation for false promises
Correction of structural defects
How We Solve It
1
Review Agreement
We examine the builder-buyer agreement and RERA registration.
2
File RERA Complaint
Complaint before the state RERA authority.
3
Pursue Hearing
We represent your claim through hearings.
4
Enforce Order
We ensure the order for interest/refund is enforced.
Typical timeline: RERA complaints are typically resolved within 60 days of filing (statutory target).
Frequently Asked Questions
Can I get a refund if the builder delays possession?
Yes, RERA allows a refund with interest or interest for the delay period, at the buyer's option.
Where do I file a RERA complaint?
Before your state's RERA authority, usually through its online portal.