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GujRERA delay compensation & interest, calculated.
Estimate your Gujarat 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 gujrera.gujarat.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 · 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 — GujRERA
Official statutory notification establishing the interest spread and compensation mandate for Gujarat.
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.
GujRERA Delay Interest — How It Works
GujRERA — the Gujarat Real Estate Regulatory Authority — oversees real estate regulation across Ahmedabad, Surat, Vadodara, Rajkot, and the rest of Gujarat. The authority follows the central RERA Act interest norms with simple interest at SBI MCLR + 2% per annum. Gujarat's real estate market has been growing rapidly, with Ahmedabad's SG Highway corridor, GIFT City, and Surat's textile-driven residential expansion driving significant project volumes. GujRERA has registered thousands of projects and maintains a searchable database at gujrera.gujarat.gov.in. GujRERA has been particularly focused on project completion timelines and has directed builders to provide realistic completion schedules at the time of registration. The authority has also emphasised the importance of the 70% escrow rule under Section 4, requiring builders to deposit 70% of buyer payments in a dedicated account. Complaints can be filed at the GujRERA portal with a ₹1,000 fee. The authority has benches in Ahmedabad and Gandhinagar. GujRERA orders are enforceable through the Revenue Recovery mechanism, giving buyers a strong remedy against non-compliant builders.Frequently Asked Questions — GujRERA
How is GujRERA delay interest calculated?
GujRERA applies simple interest at SBI Highest MCLR + 2% per annum, following central RERA Act guidelines. Interest runs from the committed possession date until actual handover or refund.
Does GujRERA cover GIFT City projects?
Yes. All RERA-registered projects across Gujarat — including GIFT City, SG Highway corridor, and all other areas in Ahmedabad, Surat, Vadodara, and Rajkot — fall under GujRERA's jurisdiction.
How do I file a GujRERA complaint?
File online at gujrera.gujarat.gov.in with a ₹1,000 filing fee. Attach your Agreement for Sale, payment receipts, allotment letter, and builder correspondence. GujRERA operates benches in Ahmedabad and Gandhinagar.