Latest posts
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Recovery of Refund Dues as Arrears of Land Revenue
A refund order from the RERA Authority is only the middle of the story. If the builder does not pay, you need a way to make it pay. In Uttar Pradesh, the usual route is a recovery certificate (RC), which asks the district administration to recover the money as if it were unpaid land revenue.…
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Homebuyer Loan Interest and Refunds: Who Bears the Bank Pre-EMI Burden?
Many flats were sold with a promise that the builder would pay your home loan interest until possession. The bank paid the builder, the builder paid the bank, and you paid little or nothing. Then construction stalled, the builder stopped paying, and the bank turned to you. This article explains where you stand if you…
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Can the Builder Forfeit Your Booking Amount? What’s Legal
You paid a booking amount, changed your mind, and the builder says the money is forfeited. Is that allowed? The honest answer is “partly”. A builder can usually keep a reasonable part of the money if you cancel without a good reason. It cannot keep an unreasonable amount, and it cannot keep anything if the…
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Interest Rate on Refunds: MCLR + 2% Explained
When a builder must refund your money under the Real Estate (Regulation and Development) Act, 2016 (RERA), the interest rate often decides whether the refund is worth chasing. The phrase you will hear most is “SBI highest MCLR plus 2%”. That is the formula in the central rules and in several states. It is not…
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How Long Does a RERA Refund Actually Take?
RERA sets 60-day targets, but a refund has several stages. What the law says at each step, what UP-RERA data shows, and why no single timeline is reliable.
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Refund When the Project Is Abandoned or Registration Is Revoked
Project stalled or RERA registration revoked? How Sections 7, 8 and 18 of RERA work, your choice between refund and completion, and how to claim your money.
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Refund Claims by Investors vs. End-Users: Is There a Difference?
Bought a flat as an investment? Whether RERA treats you as an allottee, how builders argue the investor point, and what courts have said so far.
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How to Get a Full Refund From a Builder Under RERA
How to claim a refund with interest from a builder under Section 18 of RERA: when you qualify, the steps, how dues are recovered and what the Supreme Court held.