Mumbai family accepted flat possession after a 2-year delay, lost their RERA compensation claim; know what went wrong
New Delhi, Aug. 9 -- A family that bought an apartment in Mumbai for Rs.1.05 crore was denied any compensation for a possession delay of more than two years after MahaRERA held that they had accepted the flat without protest.
The authority ruled that since the homebuyers neither raised objections nor sought a formal possession letter at the time of taking handover of the property, they could not later claim interest compensation for the delay.
The complainant had signed the sale agreement on February 25, 2022, and the builder promised to give possession by June 30, 2022. However, the apartment was handed over only on March 15, 2025, after a delay of more than two years, according to a report by the Economic Times.
MahaRERA observed tha...
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