RERA Refunds With Interest: Your Right Under Section 18: Frequently Asked Questions in Chandigarh

Where the property or matter is in Chandigarh, the following is general information on common questions on rera refunds with interest for someone in Chandigarh.

Before the frequently asked questions

In Newtech Promoters & Developers v State of UP (11 Nov 2021), the Supreme Court held that a homebuyer's right to a refund with interest under RERA s.18, for a developer's failure to complete and hand over possession on time, is unconditional.

A complaint seeking this relief is filed under RERA s.31 before the relevant state's Real Estate Regulatory Authority.

Frequently asked questions

Can I get a refund with interest if my builder delays possession?

Generally yes. The Supreme Court held in Newtech Promoters & Developers v State of UP (11 Nov 2021) that the right to a refund with interest under RERA s.18 for delayed possession is unconditional.

Relevant forums in Chandigarh

• The High Court with jurisdiction is the Punjab & Haryana High Court.
• Matters at the district level are generally handled at the Chandigarh District Courts Complex, Sector 43.
• The applicable regulator is RERA for NCT of Delhi and UT of Chandigarh.

For a fuller explanation, see Can a Homebuyer Use the Insolvency Process Against a Builder? and RERA and Homebuyer Rights: An Overview.

Where this applies to a live matter, it is usually worth discussing it in a consultation before acting.

This overview is general information, not legal advice. Procedures and local practice can differ, so a specific review of your matter is advisable before acting.