Possession Delay Compensation Guide
Understand builder delay compensation, RERA protections and buyer rights in India.
What is Possession Delay?
Possession delay occurs when the builder fails to deliver the property within the committed timeline.
Compensation Clauses
- Delay penalty clauses
- Monthly compensation structure
- Refund eligibility
- Force majeure exceptions
Buyer Rights Under RERA
Buyers may claim compensation or refunds under certain delayed possession conditions.