The Haryana Real Estate Regulatory Authority (HRERA) has once again reinforced its pro-homebuyer stance by directing Agrante Realty Ltd. to pay 10.9% annual interest as delayed possession compensation to a homebuyer for its Kavyam Affordable Housing Project in Sector 108, Gurugram. The order, issued on October 8, 2025, highlights the authority’s strict approach toward errant builders who fail to deliver possession within stipulated timelines.
Background of the Case
Homebuyer Alok Ranjan Tripathi had booked a flat in Agrante’s Kavyam project in 2019 and subsequently signed the Apartment Buyer’s Agreement on August 29, 2019. The agreement set the possession deadline as August 31, 2023. However, Agrante Realty later sought a six-month extension due to COVID-19-related disruptions, extending the delivery date to February 20, 2024.
Despite Tripathi having paid over 95% of the total sale consideration by December 2022, the builder neither obtained the Occupation Certificate (OC) nor offered possession by the extended deadline. This prompted the homebuyer to file a complaint before HRERA Gurugram, citing inordinate delay and breach of agreement terms.
HRERA’s Findings and Decision
After reviewing the case, the HRERA bench rejected Agrante Realty’s defense that construction bans and force majeure conditions had caused the delays. The authority ruled that the delays beyond the COVID extension were unjustified and held the developer accountable.
In its order, HRERA directed Agrante Realty to:
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Pay 10.9% annual interest on the deposited amount as delayed possession charges from February 2024 until the date of actual possession.
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Complete all project amenities and facilities before handing over possession.
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Execute the Conveyance Deed within three months of obtaining the Occupation Certificate.
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Refrain from levying any additional charges beyond those mentioned in the original Apartment Buyer’s Agreement.
Impact and Significance
According to a senior HRERA official, the order exemplifies the authority’s commitment to safeguarding the interests of homebuyers, particularly in the affordable housing segment, where delays are frequent. The official emphasized that excuses such as “pollution bans” and “procedural hurdles” cannot indefinitely postpone project completion or justify non-delivery.
This ruling sends a clear message to developers that HRERA will impose financial penalties and enforce compliance to ensure buyers receive timely possession and complete project infrastructure as promised.
Conclusion
The HRERA Gurugram’s order against Agrante Realty sets a significant precedent for other ongoing delayed projects in the region. By directing payment of compensation and enforcing strict compliance, the authority has once again strengthened accountability and transparency in Haryana’s real estate sector.
