GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has mandated Agrante Realty to compensate homebuyers for delayed possession of its affordable housing project, Kavyam, located in Sector 108.
In response to four complaints from allottees, HRera’s ruling on July 11, 2025, stated that the developer had not delivered possession by the agreed date of February 20, 2024, despite having collected nearly all sale amounts. The authority evaluated these cases collectively due to their similar circumstances.
Homebuyers contended that they purchased flats under the Affordable Housing Policy of 2013, with an expectation of possession within four years following the environmental clearance. However, construction delays ensued, and an occupation certificate remains unissued. The complainants demanded delayed possession charges, the completion of essential amenities, and safeguards against arbitrary additional charges.
In its defense, Agrante Realty cited Covid-19, frequent pollution-related restrictions in NCR, and cost-related challenges such as labor shortages and rising material costs as force majeure events, claiming these factors were beyond their control and requesting a waiver of liability.
However, HRera dismissed this argument, stating that these were temporary disturbances.
Referencing the Affordable Housing Policy and the Real Estate (Regulation and Development) Act, 2016, HRera concluded that short-term disruptions could not justify extensive delays. “The promoter cannot be granted leniency based on mere assertions and cannot benefit from their own negligence,” the ruling asserted.
HRera ordered the builder to pay monthly interest of 11.1% per annum—the current SBI marginal cost of lending rate plus 2%—on the sums deposited by buyers from the due date until possession is handed over. Additionally, the authority mandated the completion of outstanding amenity works, like water, electricity, roads, parks, and club facilities, without imposing any charges beyond what was specified in the builder-buyer agreement.
Officials indicated that this ruling would also apply to all similar complaints regarding the project. Buyers are advised to approach the adjudicating officer under the Act if they seek further compensation beyond the interest awarded.
