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

Where the property or matter is in Jaipur, common questions on rera refunds with interest, explained in plain terms, for someone in Jaipur.

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 Jaipur

• The High Court with jurisdiction is the Rajasthan High Court, Jaipur Bench.
• Matters at the district level are generally handled at the Jaipur Metropolitan or District Court, depending on the matter.
• The applicable regulator is RERA Rajasthan.

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 page is general information about the law in India and is not legal advice. The position can vary with the facts, so it is worth getting advice on your specific situation.