Guides · During buying
During buying · 4 min readPossession Date Clause, Explained
Reviewed against MahaRERA rules · Informational, not legal advice
The short version: If possession is ever delayed, this one clause decides what you're owed. RERA requires a clear, committed date — make sure yours is exactly that.
What to check
A specific calendar date, not “tentative” or “within X months of approvals”. An open-ended date can't anchor a Section 18 claim.
How “possession” is defined — it should mean handover with the Occupancy Certificate, not merely an “offer of possession” on paper.
The length of any grace period, and the force-majeure wording — which should be narrow and time-bound, not a blanket escape.
What to watch for
- “Possession within X months of receiving all approvals” — that's open-ended.
- Grace periods of 12 months or more.
- Broad force-majeure clauses covering ordinary business delays.
Let a free tool do the work
Put this guide into action — Agreement Review is free and needs no login to try.
Open Agreement ReviewRead next
This guide is general information to help you ask better questions — it is not legal advice, and it doesn't replace your own advocate or the official MahaRERA portal. Rules, rates and builder practices vary; always verify against the current MahaRERA record and your project's documents before acting.