Builder threatening to cancel flat booking for last couple of installment non-payment

Q: I have booked a flat in New Panvel and made about 70 per cent of the payment amounting to 16 lakhs. The possession is due in January 2014. The outstanding payment as of date is about 8 lakhs. The builder is now threatening to cancel my flat for non-payment. Can he do that after I have paid 70% plus of the total

Vijayaraj Mukundan,

8th August 2013

Buying property in New Panvel, Navi Mumbai

Follow Discussion

Also see discussions for

Navi Mumbai New Panvel Buying property Buying property in Navi Mumbai Buying property in New Panvel

Replies (2)

Hi
My Name is Durgesh Koli
We have projects in new panvel which is in adai,vichumbe,karanjade,kalundre
which is 1.8km to 2.5km.

if you are interested you can call us
8691948299,9167497111

Durgesh Koli,

13th July 2016

Comment

We are the advisors to commonfloor.com on such property related matters and will therefore be happy to help you too. For us to be able to provide the correct response, we will need to go through your sale agreement with the builder. Could you kindly scan and email that to us.

Vakil Ji,

14th August 2013

Comment