Real estate act 2016
MOTILAL JHALANI
(Querist) 06 November 2016
This query is : Resolved
Sir,
I had purchased one residential flat in 2012 and the possession date of which was December 2015. The possession of which is not yet received by me.
As per Real Estate Act-2016 the developer is to pay interest on delayed possession to buyers. Am I entitled to get the interest on delayed possession by the developer?.
With Regards
Motilal Jhalani
Dr J C Vashista
(Expert) 07 November 2016
Yes you are entitled for interest.
Kumar Doab
(Expert) 07 November 2016
You may claim it.
Rajendra K Goyal
(Expert) 07 November 2016
Has the rules in relate to the act has been prepared in your state?
You can claim interest.