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If you still want the property, the builder is legally obligated to pay you monthly interest for every single month of delay until the actual physical possession (with an Occupancy Certificate) is handed over. The Rate: Typically calculated at the State Bank of India (SBI) Highest Marginal Cost of Funds-based Lending Rate (MCLR) + 2% (which effectively comes out to around 10–10.5% interest per annum).
RERA Law
If you still want the property, the builder is legally obligated to pay you monthly interest for every single month of delay until the...