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Assam RERA delay compensation & interest, calculated.
Estimate your Assam RERA compensation — simple interest at SBI MCLR + 2% under Section 18 of the RERA Act.
Interest is calculated using a simple interest formula, which is the standard across most RERA tribunals.
Based on SBI 1-Year MCLR + 2% (MCLR 8.70% + Spread 2.00%).
File complaints at rera.assam.gov.in/. Keep your Agreement for Sale and payment receipts ready.
Calculate your RERA compensation.
Find out the interest receivable or payable for delayed real estate possession, calibrated to state-specific SBI MCLR guidelines.
This calculator provides indicative estimates based on statutory formulas prescribed under Sections 18 and 19 of the Real Estate (Regulation and Development) Act, 2016 and prevailing State RERA Rules. Actual compensation awards, interest accruals, and refund entitlements remain subject to individual agreement terms, documented milestone payment records, regulatory force majeure determinations, and judicial adjudication by the competent RERA Authority or Adjudicating Officer. Outputs generated do not constitute formal legal advice or binding financial certifications. Homebuyers and promoters should consult a qualified RERA advocate or legal counsel for case-specific representation.
Interest is calculated from the Promised Possession Date (or payment date if paid later).
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Rate last verified: 15 July 2026 · 1-Year MCLR: 8.70% + 2.00% statutory spread
Financial Analytics
Calculation breakdown
| Description | Amount (₹) | Dates / Duration | Interest Amount (₹) |
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Sources & Methodology — Assam RERA
Official statutory notification establishing the interest spread and compensation mandate for Assam.
View Gazette / Official SourceKey judicial authority confirming the regulatory jurisdiction, interest rate benchmark, and allottee remedies under Section 18.
Derived from State Bank of India's published MCLR schedule effective 15 July 2026 (SBI 1-Year MCLR: 8.70%).
Computed strictly on actual consideration paid by the allottee (excluding government stamp duty and taxes), apportioned per day.
RERA Legal FAQ
Expert answers to central & state RERA compensation questions
Common Questions
Legal Disclaimer: These responses are for informative purposes only. RERA decisions depend heavily on state authorities and contract specific terms.
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RERA rules and SBI MCLR rates are updated periodically. If you notice a calculation discrepancy, a state-specific rule change, or a layout issue, please submit the details here.
Assam RERA Delay Interest — How It Works
Assam RERA regulates real estate projects in Guwahati, Dibrugarh, Silchar, Jorhat, and across the state. Under Assam RERA's framework, delay interest is calculated as simple interest at SBI MCLR (1-year) + 2% per annum, running from the committed possession date in the registered Agreement for Sale. Complaints can be filed online at rera.assam.gov.in with a filing fee of ₹5,000. Guwahati is the primary real estate hub of North-East India, and the Assam RERA Authority oversees projects in the rapidly expanding city as well as satellite towns. Assam RERA follows the central RERA Act, 2016 provisions. Buyers are entitled to interest compensation under Section 18 for any delay beyond the committed possession date. The Authority enforces the parity principle — the interest rate for delayed possession must match the rate charged to buyers for late payment. Builders cannot offer a lower rate through contractual clauses. Use this calculator to estimate your Assam RERA delay interest. Enter your property value, the promised and actual possession dates, and payment details for a precise computation sheet.Frequently Asked Questions — Assam RERA
How is Assam RERA delay interest calculated?
Assam RERA prescribes simple interest at SBI MCLR (1-year) + 2% per annum (currently approximately 10.70% p.a.). Interest runs from the committed possession date in the Agreement for Sale until actual handover or refund.
Where do I file an Assam RERA complaint?
File online at rera.assam.gov.in with a ₹5,000 filing fee. Attach your registered Agreement for Sale, payment receipts, and builder correspondence. Compensation matters are heard by the Adjudicating Officer.
Does Assam RERA cover the entire North-East?
No. Assam RERA covers only projects within the state of Assam. Other North-Eastern states — Meghalaya, Nagaland, Manipur, Mizoram, Tripura, and Arunachal Pradesh — each have their own RERA authorities (or are still setting them up).