{
  "id": 9961525,
  "title": "Homebuyer to get Rs 7.1L for delayed possession",
  "url": "https://urgent.news/2026/09/26/homebuyer-to-get-rs-7-1l-for-delayed-possession",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-26T10:15:19.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/legal/will/homebuyer-to-get-rs-7-1-lakh-interest-for-delayed-possession-of-flat-as-maharera-rejects-builders-pmrda-pmc-jurisdiction-excuse-for-delay/articleshow/134501651.cms"
  },
  "original_language": "en",
  "account": "A Maharashtra Real Estate Regulatory Authority (MahaRERA) ruling has granted a homebuyer Rs 7.1 lakh for a three-year delay in receiving his flat possession. The builder had previously blamed the change in planning jurisdiction between Wagholi area's Primary Metropolitan Corporation (PMC) and Project Management Regional Development Authority (PMRDA) for the delay in construction. However, Mr Prakash, the homebuyer, had proof that the plans for the project were approved by RERA in January 2022, when Wagholi was already under PMC jurisdiction. The builder argued that the delay was due to this change in jurisdiction, but MahaRERA concluded that the builder could not exploit its own wrongdoing. The tribunal ordered the builder to pay interest for the delayed possession from January 1, 2025, until the flat was handed over, amounting to approximately Rs 7.1 lakh.",
  "summary": null,
  "key_points": [
    "Maharashtra MahaRERA rules grant Rs 7.1L to homebuyer",
    "Builder blamed jurisdiction change for three-year delay",
    "Court orders builder to pay interest from Jan 2025"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}