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HRERA delay compensation & interest, calculated.
Estimate your Haryana 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 haryanarera.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 — HRERA
Official statutory notification establishing the interest spread and compensation mandate for Haryana.
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.
HRERA Delay Interest — How It Works
HRERA — the Haryana Real Estate Regulatory Authority — operates through two divisions: Gurugram (covering southern Haryana including Gurugram, Faridabad, Palwal, Nuh, Rewari, Mahendragarh) and Panchkula (covering the rest). HRERA applies simple interest at SBI MCLR + 2% per annum on delayed possession. HRERA is known for its strict verification of date-wise payment receipts — buyers must submit complete payment schedules with bank statements matching each instalment. The authority has consistently held that the date in the Builder-Buyer Agreement (BBA) is sacrosanct, and marketing brochures or verbal promises of early delivery do not alter the contractual obligation. Key Haryana rulings include orders directing major developers in Gurugram's Sector 65–95 corridors to pay interest on delayed possession even where partial occupation certificates were issued. HRERA Gurugram has also pioneered online hearing facilities, reducing the burden on complainants. File complaints at haryanarera.gov.in with a ₹1,000 fee. This calculator computes your HRERA interest with date-wise precision matching the authority's adjudication methodology.Frequently Asked Questions — HRERA
Does HRERA cover both Gurugram and Panchkula?
Yes. HRERA operates two divisions — Gurugram (covering Gurugram, Faridabad, Palwal, Nuh, Rewari, Mahendragarh) and Panchkula (covering the rest of Haryana). Each division has its own bench for hearing complaints.
What documents do I need for an HRERA complaint?
HRERA requires the Builder-Buyer Agreement (BBA), complete date-wise payment receipts with matching bank statements, builder correspondence, and the allotment letter. HRERA is strict about payment schedule verification.
How is HRERA delay interest calculated?
HRERA applies simple interest at SBI Highest MCLR + 2% per annum, running from the committed possession date in the Builder-Buyer Agreement. Interest is calculated on each instalment from its payment date individually.