Mohali, June 29 -- A homebuyer who waited more than three years for possession of his apartment failed to secure compensation from the Punjab Real Estate Regulatory Authority (RERA), which held that he had continued with the project after taking possession of the unit and, therefore, could not seek compensation under the Real Estate (Regulation and Development) Act, 2016.

RERA dismissed the complaint filed by Baljit Singh Mahal against Sushma Buildtech Ltd, ruling that his claim for compensation, interest and litigation expenses was not maintainable under Section 18 of the Act.

According to the complaint, Mahal booked apartment No. C-1201 in the Sushma Chandigarh Grande residential project at Zirakpur in October 2014. The apartment buye...