Tag: Agrante Realty

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Haryana RERA: Agrante Realty to Pay 11% Interest for Delay

Here’s the rewritten content: GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) bench in Gurugram has mandated Agrante Realty to pay a 10.9% annual interest as compensation for delayed possession to a homebuyer in their Kavyam affordable housing project located in Sector 108. This ruling, issued on October 8, was a result of the builder’s failure to deliver the flat despite having received nearly full payment by 2022. Homebuyer Alok Ranjan Tripathi booked his flat in 2019, signing the apartment buyers agreement on August 29 of the same year, which set the possession deadline as August 31, 2023. Agrante was…

Latest StoriesRera

Haryana RERA Orders Agrante Realty to Compensate Buyers for Delay

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.…