Possession delay: Homebuyer won loan interest refund in consumer court only to be overturned by Supreme Court, here’s why

The Supreme Court has ruled that builders are not obligated to reimburse homebuyers for interest paid on home loans even if project delivery is delayed. This decision overturns a previous order from the National Consumer Disputes Redressal Commission (NCDRC). The court emphasized that compensation should be tied to contractual terms and actual losses, not the buyer's financing choices. Read below to know how this impacts homebuyers.