Delay Compensation Should Be Given In Addition To Already Pre-existing Compensation In Builder- Buyer Agreements: NCDRC

The NCDRC ruled that compensation for delays in property handovers under builder-buyer agreements can be awarded in addition to any pre-existing compensation clauses. The commission emphasized that such additional compensation is justified when the delay causes significant inconvenience or financial loss to the buyer. This ruling strengthens the position of homebuyers, ensuring that they receive fair compensation for delays, beyond what is stipulated in the original agreement. The judgment is a critical development in protecting consumer rights in the real estate sector.