Case Study: Interest on delayed possession?

A couple in Chennai booked a flat in 2019.

Paid ₹46 lakh.

The builder promised possession in 2022.

2022 came. No flat.

  1. No flat.
  2. No flat.

They kept paying EMIs on a home loan.
And rent the house they were living in.
For 6 years they paid double.

In 2025 they approached RERA.
The builder kept asking for extensions.
They moved to the consumer court.

2025 ruling:
The builder was ordered to refund ₹46 lakh.

Plus 19% interest from 2019.
That’s ₹46 lakh becoming ₹1.06 crore.
The builder was delayed by 6 years.
The court added ₹60 lakh in interest.

If your builder has delayed possession – you have two options: RERA or consumer court.

Both can order interest on your money.

Most homebuyers don’t know they can get interest.