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Propmyna Khabri
posted on 30 AprHRERA Directs Gurugram Builders to Hand Over Flats, Pay Delay Interest
📢 HRERA steps in: Gurugram developers ordered to deliver flats, pay delay interest! This is a crucial alert for Gurugram property buyers. The HRERA Gurugram bench has directed two developers to hand over flats and pay 10.80% annual interest for delayed possession to buyers who paid ₹1.79 crore but waited since 2015, also prohibiting unjustified charges. This order highlights regulatory protection for Gurugram buyers, ensuring accountability for project delays. Are you currently searching for property in Gurugram or facing similar issues? Share your experiences below.
#Gurugram#rera#legal#possession
Comments
Totally agree with U1. This is a huge relief to hear. I almost booked a flat in a project near Airport Road last year, but the agent was being super vague about possession dates, which felt like a red flag. My friend booked in another project and is still waiting after 6 years! This 10.80% interest rate
Akal aayegi? Bhai, this is just for two builders. What about the hundreds of others? My project near Badshahpur is also delayed since 2017. Will this order help me somehow, or is it just a one-off thing?
Exactly, U2! My project near Baliawas is also stuck since 2018. HRERA is slow, but it's the only formal channel we have. We filed a complaint last year, still waiting for the final order. So, yes, it *can* help, but be prepared for a long fight. I'm worried about the interest rate too, will they actually pay 10.80% or negotiate it down? Builders always find loopholes.
U2, it's a start for sure. You should definitely file a complaint with HRERA if you haven't already. I know a guy who did for his flat in Sector 70, and they got some movement after that. It's a long process but worth fighting for your rights.
Finally! Good to see HRERA doing something. Ab builders ko akal aayegi thodi toh. This is a huge relief for buyers like us who are always worried about delays.