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K-RERA

Section 18 interest (illustrative)

Under Section 18 of the RERA Act, delay past the promised date can support a claim for interest on amounts paid, or a refund plus interest — as the Authority decides on the facts of your case. This page runs a simple-interest worksheet on dates you enter. It is not a finding of what you are owed, and not legal advice.

Pick a project or enter the promised date from your agreement.

Simple interest, calendar days, on the total you enter — an illustration only. Real orders often compute interest per payment from each payment date, so a true figure can be lower if you paid in instalments after the promised date. The date in your registered agreement for sale governs, not the register date shown here. Not legal advice; not a prediction of what K-RERA will award.