Project Deadline Extended by RERA? You Are Still Entitled to Interest for Delay!
Project Deadline Extended by RERA? You Are Still Entitled to Interest for Delay!
By Amarjeet Singh Panghal, Advocate Public Right Action Network (PRAN)
One of the most common excuses builders use to deny compensation to homebuyers is the "RERA Extension."
It usually goes like this: You ask for interest because possession is delayed. The builder replies, "We have officially received an extension from RERA to complete the project by next year. Therefore, there is no 'delay', and we don't owe you any interest."
For years, this argument has confused homebuyers. But a recent order from MahaRERA (December 2025) has shattered this defense, clarifying that an administrative extension does not cancel your contractual rights
The Real Case: RERA Extension vs. Your Agreement
In the recent landmark order of Chandrashekhar Subhash Chalwade & Ors. v. AM Constructions (delivered on Dec 18, 2025), MahaRERA dealt with this exact issue regarding the "Brand One Wadala" redevelopment project
The Facts of the Case:
The Project: "Brand One Wadala - A Wing" (Registration No. P51900010447)
. The Builder’s Defense: The project’s completion date was officially extended on the MahaRERA portal to August 18, 2026. The developer argued they had valid time extensions due to COVID-19 and other factors
. The Homebuyer’s Reality: The original Agreement for Sale promised possession much earlier, on August 31, 2021
.
The Verdict:
Chairperson Manoj Saunik ruled that the extension on the RERA portal is for the builder’s regulatory compliance and does not override the contract signed with the buyer
Even though the RERA website showed a 2026 deadline, the Authority ordered the builder to:
Hand over possession with the Occupancy Certificate (OC)
. Pay interest starting from September 01, 2021 (the day after the original promised date) until the actual date of possession
.
What This Means for You
Your Contract is Supreme: The "Date of Possession" written in your Agreement for Sale is the only date that matters for calculating interest
. Extensions Are Not Excuses: A Section 6 extension (which keeps the builder's license valid) cannot be used as a shield to deny you compensation under Section 18
. Indefeasible Right: The right to claim interest for delay is "indefeasible" (unconditional). It kicks in automatically once your agreement date expires
.
PRAN’s View: Don't settle for less
At Public Right Action Network (PRAN), we often see homebuyers give up because they think the "Government gave the builder more time." This is incorrect. The "Government time" prevents the builder from being blacklisted—it does not absolve them of the financial injury caused to you.
If your builder is citing a "Revised Completion Date" to deny your claims, show them this order.
📰 In The Media
This ruling has been widely covered by legal news outlets, reinforcing its importance for all homebuyers in redevelopment projects.
📥 Download the Judgment -
https://drive.google.com/file/d/1liTpkL81Lucwf5pB8dgfrstr7LKj5sa6/view?usp=sharing
Read the full text of the order to understand the legal reasoning and cite it in your own battles.