The Haryana Real Estate Regulatory Authority (HRera) has directed Agrante Realty to pay 10.9% annual interest as compensation to a homebuyer for delayed possession in its Kavyam affordable housing project in Gurugram’s Sector 108. The order, issued on October 8, came after the builder failed to hand over the flat despite receiving over 95% of the payment by 2022, underscoring Rera’s firm stance on protecting homebuyers from unjustified project delays.

Homebuyer Alok Ranjan Tripathi had booked his flat in 2019 and signed an apartment buyers agreement on Aug 29, 2019, which fixed the possession deadline as Aug 31, 2023. Agrante was later granted a six-month extension due to Covid-19, pushing the revised delivery date to Feb 20, 2024.

Despite Tripathi paying more than 95% of the sale consideration by Dec 2022, the builder failed to obtain the occupation certificate or offer possession by the time of the order in Oct 2025.

Rera rejected Agrante’s claims of force majeure and construction bans, ruling the delays unjustified beyond the six-month extension due to Covid. The authority ordered payment of interest from Feb 2024 until possession, completion of all amenities before handover and execution of the conveyance deed within three months of obtaining the occupation certificate, reinforcing  buyer protection in the city’s housing sector.

The authority further ordered the builder to refrain from levying any extra charges beyond those specified in the original agreement.