Punjab RERA: Buyers Can't Waive Delayed Possession Compensation

Has anyone ever felt pressured to sign away their rights for delayed possession compensation? Well, here's a significant alert from Punjab RERA for all buyers in Chandigarh and Punjab. They've just declared that buyers cannot waive their right to delayed possession compensation, even through a 'settlement agreement'. This came up in a case involving Omaxe's New Chandigarh township, where RERA sided with the buyers despite previous agreements. This feels like a huge win for buyer protection, ensuring developers can't easily bypass compensation. Does this decision fundamentally shift the power balance in the Chandigarh real estate market, and what does it mean for your future investments?