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Delhi RERA delay compensation & interest, calculated.
Estimate your Delhi 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 Highest MCLR + 2% (MCLR 8.80% + Spread 2.00%).
File complaints at erera.co.in/ereradelhi/. 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 · Highest MCLR (3-Year): 8.80% + 2.00% statutory spread
Financial Analytics
Calculation breakdown
| Description | Amount (₹) | Dates / Duration | Interest Amount (₹) |
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Sources & Methodology — Delhi RERA
Official statutory notification establishing the interest spread and compensation mandate for Delhi.
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 Highest MCLR: 8.80%).
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.
Delhi RERA Delay Interest — How It Works
Delhi RERA regulates real estate projects within the National Capital Territory of Delhi. The authority applies simple interest at SBI MCLR + 2% per annum for both builder delay compensation and buyer late payment interest, following the central RERA Act guidelines. While Delhi's geographic area is compact compared to states like Maharashtra or Uttar Pradesh, the NCT has several large-scale residential and mixed-use developments that fall under Delhi RERA jurisdiction. Projects in areas like Dwarka, Rohini, Narela, and Jasola are regulated by Delhi RERA, while projects in Noida, Gurugram, and Faridabad fall under their respective state RERA authorities. Delhi RERA has been proactive in ensuring project registration compliance — unregistered projects are not permitted to advertise or sell units. The authority maintains a searchable database of registered projects and agents at erera.co.in/ereradelhi/. Buyers can file complaints with a ₹1,000 fee. For projects in the broader NCR region, identify whether your project falls under Delhi RERA, UP RERA (Noida/Greater Noida), or HRERA (Gurugram/Faridabad) based on the project's registered address.Frequently Asked Questions — Delhi RERA
Does Delhi RERA cover Noida and Gurugram?
No. Delhi RERA covers only projects within the National Capital Territory of Delhi. Projects in Noida and Greater Noida fall under UP RERA, while Gurugram and Faridabad fall under HRERA (Haryana). Check your project's registered address to determine jurisdiction.
How do I file a Delhi RERA complaint?
File online at rera.delhi.gov.in with a ₹1,000 filing fee. Submit your Agreement for Sale, payment receipts, allotment letter, and any builder correspondence as supporting documentation.
What interest rate does Delhi RERA use for delay compensation?
Delhi RERA applies simple interest at SBI Highest MCLR + 2% per annum, following the central RERA Act formula. This typically works out to approximately 10.80% per annum based on current SBI MCLR rates.