Times of India
Times of India
AsiaPac · 3 hrs ago

Homebuyer's guide: How to file complaint with K-RERA after builder's delay

AI generated representational imageIf you are a homebuyer grappling with project delays, builder violations, or non-compliance by a real estate developer in Kerala, you can file a complaint online with the Kerala Real Estate Regulatory Authority (K-RERA) under the Real Estate (Regulation and Development) Act, 2016. The process is fully digital, and the Authority has the power to order compensation, interest, and penalties against errant builders.In a recent order, K-RERA directed a builder in the state capital to pay two homebuyers simple interest at 16.65% per annum for delaying a flat in the Sparrow Paradise project at Kudappanakunnu. The buyers, Dr Ullas Raghavan and Shakuntala Prabhakaran, had paid around Rs 1.02 crore for the 1,765 sq ft flat. The interest will be calculated from Dec
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