Background
A homebuyer from Allahabad paid ₹14.5 lakh for a Gurugram apartment that never reached completion. The dispute arose when the project’s developer lost registration, leaving the buyer’s investment in limbo. The case demonstrates how RERA safeguards can help buyers secure refunds when construction stalls or cancels.
RERA relief for delayed projects
Under the Real Estate Regulation and Development Act RERA, homebuyers can seek refunds from developers who fail to complete projects, subject to regulatory procedures and timelines. The decision in this case underscores the mechanism that allows aggrieved customers to recover payments when builders do not fulfill obligations.
What to do if you face a stalled project
- Collect all payment records, booking agreements, and receipts.
- Approach the builder and the state Real Estate Regulatory Authority (RERA) with a complaint for refund or completion.
- Follow RERA timelines and ensure filings are well-documented to support a refund claim.
This summary reflects the reported outcome of the Allahabad resident’s case and the general principle that RERA offers refunds where construction is not completed.