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KRERA directs BDA to complete NPK Layout and pay Rs 22.46 lakh to homebuyer
KRERA ordered the Bangalore Development Authority to complete the Nadaprabhu Kempegowda Layout with essential infrastructure and to pay ₹22,46,177 as interest for the delay. The decision underscores homebuyer protections under RERA and requires completion of core amenities before possession can be deemed compliant.
Why It Matters
The ruling reinforces homebuyer protections under RERA by insisting on completion of core amenities before handing over possession and requiring compensation for delays.
Timeline
7 Events
KRERA directive to complete project and pay compensation
April 28, 2026
KRERA directs BDA to complete the Nadaprabhu Kempegowda Layout with full infrastructure and hand over the plot within 60 days, and to pay ₹22,46,177 as delay interest to the complainant; the directive is reported in this article dated April 28, 2026.
End of delay-interest period specified
December 21, 2025
Interest on delay period calculated at SBI MCLR+2% ends on December 21, 2025, as per KRERA order.
Possession certificate issued
June 16, 2020
Possession certificate for the site was issued on June 16, 2020.
Lease-cum-sale deed executed
June 10, 2020
A lease-cum-sale deed was executed for the site on June 10, 2020.
Full sale consideration paid
February 5, 2019
Buyer paid the full sale consideration of ₹96.87 lakh by February 5, 2019.
Allotment of site in NPK Layout to buyer
October 11, 2018
Site allotment in Nadaprabhu Kempegowda Layout to Ms. Mridula Krishnapur (Sector B) on October 11, 2018.
Interest on delay period begins
May 24, 2018
KRERA notes that interest on the delay will be calculated at SBI MCLR+2% from May 24, 2018.