If a builder delays project completion, the borrower's home loan continues as scheduled, and the borrower typically must keep paying pre-EMI interest on the disbursed amount regardless of possession delay. Separate remedies exist against the builder for the delay itself. This distinction matters for both first-time buyers and experienced investors, since the right approach can significantly affect cost, timeline, and overall outcome.
Builder delays do not pause the borrower's loan repayment obligations, making RERA-backed compensation claims important to offset the financial impact. Tracking the project's RERA-registered timeline helps borrowers act quickly if delays occur. As with most real estate decisions, consulting a qualified professional familiar with local regulations and current market conditions is recommended before moving forward.


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