Haryana RERA - No Additional Compensation To Homebuyer When Interest For Delayed Possession Already Granted

Haryana RERA has clarified that no additional compensation will be granted to a homebuyer who had already been compensated for delayed possession. The case involved a dispute between a developer and a homebuyer who sought further compensation in addition to the interest already paid for delayed possession. The RERA ruled that no additional payment was warranted as the interest provided covered the delay. This ruling reaffirms the need for homebuyers to be aware of their rights under RERA when claiming compensation for delayed delivery.