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Haryana RERA Orders Ocus Skyscrapers to Pay 10.8% Interest for Seven-Month Possession Delay

  • by- Zaid
  • Sep 23, 2026
Haryana RERA orders Ocus Skyscrapers Realty to pay 10.8% interest for a seven-month possession delay in Gurugram's Ocus 24K project.
Haryana RERA Orders Ocus Skyscrapers to Pay 10.8% Interest for Seven-Month Possession Delay

Gurugram | September 23, 2026: A Gurugram homebuyer has secured delayed-possession compensation from Ocus Skyscrapers Realty after Haryana Real Estate Regulatory Authority (HRERA) found that possession of her commercial unit in the Ocus 24K project was handed over around seven months after the contractual deadline.

HRERA has directed the developer to pay 10.8% annual interest on the amount paid by the allottee for the delayed period. The authority has also ordered execution of the conveyance deed and restricted the developer from imposing charges outside the original buyer agreement.


What HRERA Found on the Possession Delay

Under the buyer's agreement dated December 16, 2013, possession was contractually due within 60 months, making December 16, 2018 the possession deadline.

However, the project's occupation certificate was issued only on July 17, 2019, with possession formally offered on July 18.

HRERA therefore found the promoter in breach of its obligation to deliver possession within the agreed timeline.


Developer Ordered to Pay 10.8% Interest

Applying Section 18(1) of the RERA Act along with Rule 15 of the HRera Rules, the authority ordered delayed-possession interest at 10.8% per annum.

The interest is to be calculated on the amount paid by the complainant from December 16, 2018 to September 18, 2019.

The calculation also accounts for the additional two-month period following the possession offer, as referred to by the authority under Section 19(10) of the Act.

The developer has been given 90 days to clear the interest arrears.

 


Conveyance Deed Must Be Executed Within Three Months

HRERA also directed Ocus Skyscrapers Realty to execute the conveyance deed within three months.

In addition, the authority barred the developer from levying charges that fall outside the scope of the original buyer agreement.

For commercial-property buyers, the direction is significant because possession does not necessarily end the developer-buyer obligations. Documentation and charges associated with transferring the property can remain important issues even after possession is offered.


Other Allegations Against the Developer Were Not Accepted

The complainant had made several other allegations, including claims relating to the allotment process and statutory clearances.

She also alleged that two commercial units — G-215 in Ocus Medley, Sector 99, and G-119 measuring 419 sq ft — had been improperly conflated by the developer to divert funds and alter her allotment without consent.

HRERA accepted the developer's position that the two units belonged to separate and distinctly registered projects and rejected the complaint on that specific basis.

However, the authority still proceeded to examine and decide the delayed-possession claim on its merits.


HRERA Declines to Decide Alleged Certificate Fraud

The complainant also alleged that occupation and completion certificates had been fraudulently obtained and that construction-related issues remained at the project site.

HRERA declined to adjudicate those allegations, holding that such issues fell outside its jurisdiction. It directed the complainant to approach the Director, Town and Country Planning, or a competent civil court, as appropriate.

This distinction is important: the order establishes the developer's liability for the documented possession delay, but it does not establish the separate allegations concerning alleged fraudulent procurement of approvals.

 


What This Means for Gurugram Property Buyers

The ruling highlights several checks buyers can make when possession of a RERA-registered project is delayed:

  • Compare the contractual possession date with the actual offer of possession.

  • Check the date on which the occupation certificate was issued.

  • Review the buyer agreement before accepting additional charges.

  • Keep records of payments and possession correspondence.

  • Check whether the conveyance deed has been executed after possession.

  • Separate delayed-possession claims from disputes involving approvals or project compliance, which may fall under different authorities.


What Happens Next

Ocus Skyscrapers Realty has 90 days to clear the ordered interest arrears and three months to execute the conveyance deed.

The order reinforces the importance of contractual possession timelines under RERA while also showing that allegations involving statutory approvals or alleged fraud may require proceedings before another competent authority or court.