Real Estate
Delayed Possession by Builder: How RERA Helps You Get Your House Keys & Compensation
Buying a home is one of the biggest financial commitments in a person’s life. For most families in Chandigarh, Panchkula, New Chandigarh, and Delhi, purchasing a flat or plot involves years of savings and large home loans. But what happens when the builder does not hand over the house on time? Delayed Possession by Builder is one of the most common problems faced by homebuyers in India. Buyers continue paying EMIs while also paying rent. Projects get delayed for years. Promises are broken. Communication stops. To correct this imbalance, Parliament …