I booked a flat in Jamshedpur but the builder abandoned the project midway, what are my remedies under RERA?

Detailed Legal Analysis

If a builder abandons a project midway in Jamshedpur, you have several remedies under the Real Estate (Regulation and Development) Act, 2016 (RERA).

Under RERA, you can seek the following remedies:

• Filing a Complaint: You can file a complaint with the Real Estate Regulatory Authority (RERA) of Jharkhand. The authority is empowered to take action against builders who fail to deliver projects as promised.
• Claim for Refund: If the builder has abandoned the project, you can claim a full refund of the amount paid along with interest. According to Section 18 of RERA, if the promoter fails to complete or is unable to give possession of the plot, apartment or building in accordance with the terms of the agreement for sale, the allottee shall be entitled to receive interest at the rate prescribed by the authority.
• Compensation for Delay: Under Section 18(1) of RERA, if possession is delayed, you can also claim compensation for the period of delay. The rate of interest is typically specified by the RERA authority.
• Withdrawal from the Project: If the builder is unable to complete the project, you can withdraw from the project and receive your investment back. This is applicable when the builder fails to deliver the project as per the agreed timeline.
• Approach the Consumer Forum: If the resolution through RERA does not meet your satisfaction, you can approach the Consumer Forum under the Consumer Protection Act, 2019, for further redressal of your grievances.
• Legal Action: If necessary, you may also consider filing a civil suit against the builder for breach of contract and seek damages.

To initiate these remedies, you may need to provide documentation such as the agreement for sale, payment receipts, and any communication with the builder regarding the project's status. Keep copies of all documents for your records.

It is advisable to consult with a legal professional who specializes in property law to assist you in navigating the complaint process and ensure that your rights are protected under RERA.