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Raj RERA delay compensation & interest, calculated.
Estimate your Rajasthan 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 rera.rajasthan.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 — Raj RERA
Official statutory notification establishing the interest spread and compensation mandate for Rajasthan.
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.
Raj RERA Delay Interest — How It Works
Raj RERA — the Rajasthan Real Estate Regulatory Authority — regulates real estate across Jaipur, Jodhpur, Udaipur, Kota, and the rest of Rajasthan. The authority applies simple interest at SBI MCLR + 2% per annum following the central RERA Act guidelines. Jaipur's rapid expansion — particularly along the Ajmer Road, Tonk Road, and Jagatpura corridors — has brought significant project volumes under Raj RERA regulation. The authority has been active in ensuring project registration compliance and maintains a searchable database at rera.rajasthan.gov.in. Rajasthan was one of the early adopters of RERA implementation, notifying its state rules promptly after the central Act came into force. Raj RERA has emphasised transparency in project advertisements — builders must display their RERA registration number in all marketing materials, and advertising unregistered projects attracts penalties. Complaints can be filed online with a ₹1,000 fee. Raj RERA adjudicating officers follow the prescribed interest formula strictly, and orders include detailed computation sheets matching the per-instalment methodology used by this calculator.Frequently Asked Questions — Raj RERA
How is Raj RERA delay interest calculated?
Raj RERA applies simple interest at SBI Highest MCLR + 2% per annum, following central RERA Act guidelines. Interest runs from the committed possession date in the Agreement for Sale until actual handover.
Does Raj RERA cover Jaipur projects?
Yes. All RERA-registered projects across Rajasthan — including Jaipur, Jodhpur, Udaipur, and Kota — fall under Raj RERA's jurisdiction.
How do I file a Raj RERA complaint for builder delay?
File online at rera.rajasthan.gov.in with a ₹1,000 filing fee. Submit your Agreement for Sale, date-wise payment receipts, allotment letter, and any builder correspondence as supporting documents.