Adi 06 September 2022
The agreed possession date as per registered agreement to sell is 30.3.22.
During Covid-1 Promotor invoked Force Majaure clause for 6 months.
However MAHARERA gave unilateral extension to Promotors for their RERA registration across the state of 6 months during Covid-2 & Promotor promised the possession by 30.9.22 the timelimit extended by MAHARERA.
Is the allottee entitled to interest compensation from 1.4.22 till possession.
Advocate Bhartesh goyal (advocate) 06 September 2022
Sincee due to covid the timelimit has been extende by MAHARERA so you are not entitiled get any interest / compensation from 01-04-2022 to extended period.
Dr J C Vashista (Advocate) 06 September 2022
RERA has allowed to invoke the covenent of force de majure accordingly the builder is exempted from interest / penalty for the period.
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