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For a registered residential project, the Rajasthan Real Estate Regulatory Authority can order refund with interest if you withdraw, compensation for delay if you stay, or directions to complete, with appeals to the Rajasthan Real Estate Appellate Tribunal. Delay runs from the completion date the promoter declared at registration, so record it at booking.

The distinctive Kota risk is permitted use rather than delivery. A building already operating as a hostel is not evidence that it lawfully may — additional floors, a change of use and institutional occupancy frequently never reached the approved plan, and municipal action over unauthorised use and fire-safety non-compliance is a live risk. Fire and building-safety obligations attach specifically to hostel and institutional occupancy, and retrofitting them after construction is far more expensive than planning for them.

The general Rajasthan framework applies underneath: agricultural land must be converted before development, a mutation entry is a revenue record and not proof of title, and buying in a colony without development-authority approval can leave a purchaser without building sanction or institutional finance. Where a promoter has collapsed, homebuyers rank as financial creditors before the NCLT Jaipur Bench, subject to the class threshold.