HRERA awards Rs 50 lakh to Edge Tower buyer after 13-year wait
By Naveen Kumar, Director at Triverse Homes
A Gurugram homebuyer who booked a flat in Ramprastha's Edge Tower project in Sector 37D back in 2010 has been awarded Rs 50 lakh in compensation by HRERA. Possession was promised by 31 August 2012, but the project was still incomplete and had no occupation certificate.
In an order dated 3 July 2026, adjudicating officer Rajender Kumar also granted Rs 1 lakh for mental harassment and Rs 50,000 for litigation costs, with 11% annual interest from the order date. The developer did not appear, so the case went ahead ex parte. The officer cited the Supreme Court's Ireo Grace ruling that buyers cannot be made to wait indefinitely.
The takeaway: a refund with interest need not be the end of the road. Buyers can also seek compensation for lost opportunity.
Source: Constro Facilitator ↗
Naveen Kumar
Naveen Kumar is a Director at Triverse Homes with more than 16 years in real estate. He has an in-depth understanding of the market, from how projects are priced and launched to what drives their value on resale.
He is especially strong on HUDA (now HSVP) regulations and RERA: licences, approvals, allotment and transfer rules, and the rights buyers have when timelines slip. In his updates he explains what each change in the market or the law means in practice for anyone buying, selling or investing in Gurgaon.
