Bengaluru Flat Buyers: New Ruling Changes Possession Rules, No Delay Interest After OC
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News18•13-01-2026, 13:34
Bengaluru Flat Buyers: New Ruling Changes Possession Rules, No Delay Interest After OC
- •The Karnataka Real Estate Appellate Tribunal ruled that once an Occupancy Certificate (OC) is issued, buyers must take possession.
- •Buyers cannot claim interest for possession delays after the OC, even if they perceive the home as incomplete.
- •The tribunal distinguishes between possession and quality issues; defects must be pursued separately.
- •The ruling overturns a Karnataka RERA order that favored buyer Veena Ravishankar against Relationship Properties Pvt Ltd.
- •This decision redefines buyer-builder disputes, emphasizing that OC issuance shifts possession responsibility to the buyer.
Why It Matters: Bengaluru flat buyers cannot claim delay interest after Occupancy Certificate issuance, must pursue defects separately.
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