Haryana RERA Orders Godrej Developer to Pay 11% Interest for Delayed Flat Possession
Haryana Real Estate Regulatory Authority (H- RERA) has issued a strong directive to Godrej Real View Developers, ordering the company to pay 10.8% annual interest to a homebuyer couple from Lucknow for delayed possession of their flat in Godrej Meridien-I, Sector 106, Gurgaon. The ruling reinforces RERA’s growing emphasis on consumer protection and timely delivery of residential projects.
The complaint, filed by Malik Ram and Sarita Verma under Section 31 of the Real Estate (Regulation and Development) Act, 2016, highlighted that the buyers had paid nearly the entire consideration—about Rs 1.74 crore—yet the project failed to meet its committed timelines. As per the 2019 sale agreement, the developer was required to offer possession by September 30, 2020.
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H-RERA had already granted a six-month Covid-related extension, revising the deadline to March 30, 2023. However, the developer cited further delays due to lockdowns, labour shortages, construction bans, and cost escalations. The Authority concluded that these reasons were insufficient and that seasonal pollution-related bans were predictable and therefore not valid force majeure claims.
Despite the developer obtaining the occupation certificate on March 31, 2023, and issuing a possession offer in May 2024, the Authority noted that the promoter still breached the revised deadline. Physical possession was handed over only on November 27, 2024, well beyond the adjusted timeline approved by H-RERA.
The Authority held the developer in violation of Sections 11(4)(a) and 18(1) of RERA and confirmed the allottees’ right to compensation. As a result, the couple will receive monthly interest calculated at 10.8% per annum from March 30, 2023, until the permissible possession cut-off date—setting a strong precedent in favour of aggrieved homebuyers across Haryana.
