RERA for Home Buyers | Compensation for Delay in Possession of Flat

Поделиться
HTML-код
  • Опубликовано: 9 сен 2024
  • The biggest fear of every home byers is delay in possession of house by builder. RERA act was brought in 2016 to safeguard the interests of home buyers but still majority of first time home buyers are not aware about real estate regulations and development act.
    In this video, I have explained rera for home buyers for delay in possession of house.
    In this video, I have explained
    1. RERA for buyers
    2. How to check possession date of a project as per RERA
    3. When can project get extension as per RERA
    4. RERA remedies for buyers for delay in possession of house
    5. Compensation to home buyer for delay in possession of flat
    6. Builder penalty for delay in possession
    7. How to file RERA complaint against builder
    Related Videos
    1. Builder Hidden Charges Explained : • The Hidden Costs of Bu...
    2. How to check construction quality of a building : • How to Check Construct...
    3. How to evaluate a new residential project : • How to Evaluate a Resi...
    4. How evaluate a location : • How to Choose the Perf...
    5. How to evaluate a sample flat : • Sample Flat Checklist ...
    6. Resale vs new flat : • Resale vs New Flat : A...
    7. Build floor vs society flat : • Builder Floor vs Socie...
    8. Investing in Under Construction Flat : • Why I Regret Buying an...
    About This Channel
    Objective of this channel is to help young Indian know the unknown about buying a property in India
    My mission is to educate young Indians about property buying process, starting from
    1. How to find & buy your first house
    2. How to invest in Indian real estate and make passive income
    3. How to create wealth from real estate
    4. Learnings for property buyers from real estate case studies
    Who Am I?
    A Realtor, Entrepreneur, Investor & Educator
    I have worked with top developers of the country, have been an entrepreneur into Proptech space & a real estate investor for last 14 years
    I want to share what I have learned to help you make a better informed decision based on awareness
    You can reach me
    Email: info@flatsandkeys.com
    Whats app no: 9625111400
    #realestateindia #reraapproved #delayinpossession #howtobuyahouse #realestate

Комментарии • 46

  • @himanshuverma7643
    @himanshuverma7643 Год назад +3

    Hello sir
    May you illustrate with hypothetical example of compensation to buyer, when builder has delayed the possession?
    Better if it can be explained with some formula.
    Thank you

  • @sonitlohan
    @sonitlohan Год назад +1

    Excellent content buy this man.....his all videos are noiseless which sounds superb

  • @anand_sawant
    @anand_sawant 2 месяца назад +1

    What happens to the stamp duty and registration charges that are already paid when the agreement is cancelled due to the delay from the builder?

  • @pradnyachavan4968
    @pradnyachavan4968 7 месяцев назад +4

    Marathon Nextworld Inka possession date dec 2023 tha par abhi tak possession nhi diya hai or builder ne direct mana kar Diya hai composition Dene ke liye bol rahe hai govt ke taraf se oc nhi aa raha hai

    • @maheshpalav
      @maheshpalav 6 месяцев назад

      Same with me can we form a group and file case against builder

    • @priyamanchanda4855
      @priyamanchanda4855 Месяц назад

      Mera pyramid fusion mein hai same govt. Se oc nahi aya

  • @durgeshkadamworli
    @durgeshkadamworli 7 месяцев назад +1

    Quite informative and easy to understand...

  • @ravindranathghadi9537
    @ravindranathghadi9537 9 месяцев назад +1

    Rohan Sir I appreciat guidance which expecting because I need ready to move properties.

  • @akashsolanki5455
    @akashsolanki5455 Год назад +1

    Excellent information sir
    Plz can u share valuable experience on what are the papers to check before buying new and resale flat

  • @sjshar5201
    @sjshar5201 Год назад +1

    Very informative. Keep up the good work.

  • @dhiraj26650
    @dhiraj26650 Год назад +2

    Nicely captured

  • @sanujitroy6830
    @sanujitroy6830 8 месяцев назад +2

    how many builders across states are clean on rera?

  • @hareshvig9821
    @hareshvig9821 9 месяцев назад +1

    Thanks for information

  • @virindersharma6228
    @virindersharma6228 7 месяцев назад +1

    IS THE INTEREST PAYABLE ON AMOUNT PAID INCLUSIVE OF GST

  • @amitdoshi867
    @amitdoshi867 Год назад +3

    This is useful video. I need some more guidance. I'm disappointed with Lodha's double standards. They charge fees for genuine customer delays but conveniently rely on RERA's extension(geopolitical reason) for their own delays. Is this fair? #RegrettingMyDecision

  • @celestinepandit6585
    @celestinepandit6585 9 месяцев назад +1

    After making final payment builder is not sure about possession. So what step I can take for the possession

  • @azimkhanca
    @azimkhanca Год назад +1

    Due to Covid -19, Maharera extension order No. 14/2020 dated 18/5/2020, & second extension order No. 21/2021 dated 6/8/2021, CAN ALLOTTEE STILL CLAIM INTEREST COMPENSATION U/S 18?? (WHERE HE INTENT TO REMAIN IN THE PROJECT):::
    DATE OF POSSESSION AS PER AFS WAS 31/12/2022..

  • @maheshpalav
    @maheshpalav 6 месяцев назад +1

    What if in agreement possession date is committed to 2021 and with covid extension also handover not done yet, revised rera was communicated at 2023 so can withdrawal possible in this case if we file complain in rera

  • @drummerboyjoey5245
    @drummerboyjoey5245 Год назад +1

    Super Nice!!

  • @27sadhu
    @27sadhu 8 месяцев назад +1

    Sir NBCC’s Aspire projects in noida ext, being completed on orders of supreme court after Amrapali deserted work, i want to buy but broker saying not under RERA as RERA was formed in 2016 and flats were started in 2012, so they have cin number RERA not required..is it a red flag and why ? Will i face issues with resale

  • @Abhishek-bu1ur
    @Abhishek-bu1ur Месяц назад

    Can we complain in rera for an affordable housing scheme in haryana for delay in possession.

  • @makhanpandey
    @makhanpandey Год назад +2

    builder keep on taking extentions.. And at end they just deny giving any update or detials on possesion

  • @nishantpanday3380
    @nishantpanday3380 10 месяцев назад +1

    Sir ji jamin hi nahi mila 10 sal ho gye registry to diya hai

  • @ramyaguruprasad4605
    @ramyaguruprasad4605 11 месяцев назад +1

    Sir, the house is ready after lot of delays.....but common amemeties are incomplete....this is in karnataka......they are forcibly asking us to take over the flat.....quality of work in flat is below average......kindly help

  • @VikasKumar-xd8bi
    @VikasKumar-xd8bi 2 месяца назад

    When you say that builder will pay the Compensation on the total amount paid, Does this mean the Loan amount as well which is generally disbursed by the Bank in case Loan or the Compensation is given only on the self sponsored amount ?

    • @flatsandkeys
      @flatsandkeys  2 месяца назад

      Compensation is given on the house value or the amount paid including amount disbursed by the bank

  • @prashantshirsekar7320
    @prashantshirsekar7320 2 месяца назад

    sir how many day to take get final order form rera. please assist sir

  • @pankajsharma-dk1ji
    @pankajsharma-dk1ji Месяц назад

    They keep on taking extension

  • @umar0406
    @umar0406 4 месяца назад

    Rera case ka koi update nahi for last 4 month... Kya kar sakta hoon me

  • @rajkmaggon7942
    @rajkmaggon7942 10 месяцев назад +1

    Hello, I have got ordered from rera for delay charges against builder, can i get compensation also , please clarify

    • @flatsandkeys
      @flatsandkeys  10 месяцев назад

      RERA will not give you any compensation, but you can file a civil case only if delay was beyond reasonable timeline, again this will be based on the actual facts

    • @rajkmaggon7942
      @rajkmaggon7942 10 месяцев назад

      Delay in possession of 11years and still construction not started on my Villas

    • @mental9453
      @mental9453 2 месяца назад

      ​@@rajkmaggon7942what!!

  • @Gregory_shah
    @Gregory_shah 9 месяцев назад +1

    Oc Milne k baad builder possession na de toh kya kare?

    • @pratiksha0312
      @pratiksha0312 7 месяцев назад

      Court jaoge, detail doa mein help karta hui

  • @Kids_feather
    @Kids_feather 2 месяца назад

    I got posession after 3months of delay. Can we all buyers/society members complain about posession delay after i take proptery possession.

    • @flatsandkeys
      @flatsandkeys  2 месяца назад

      RERA gives extension upto 6 months, so there will be no outcome of filing a complaint

    • @Kids_feather
      @Kids_feather Месяц назад

      @@flatsandkeys sir. We don’t see any extension in RERa site for that builder given. As per process Developer need to apply and pay some fee to RERA for extension which they did not do. Now I see road not constructed properly and they got OC for building. Howcome RERA approved without checking if road is constructed or not.

  • @pritiverma6457
    @pritiverma6457 11 месяцев назад +1

    In group

  • @pritiverma6457
    @pritiverma6457 11 месяцев назад

    Sir please add me