Real Estate Forum on Cancellation Of Booking Of Flat

Latest Answer: Hi, You must have been given a receipt of the booking amount by your builder. The receipt must be mentioning terms and conditions. Send an email to builder that you want to cancel the booking and request builder to refund your booking amount. Let your builder mention in writing that 5% or 10% of paid amount would be cancellation amount. Accept the deduction under protest and then move consumer forum against builder for refund of balance amount with interest.

Latest Answer: Do see the youtube Magic Brick on this topic Builder is liable to refund the Bank and not Buyer under Subvention Scheme.

Latest Answer: Hi Mithilesh, In the booking form refund clause says they refund will be done in 90 days. (I know its illegal). I will wait for another 30 days and will take legal actions later.I am working with my layer on this. According to frontier, there was a delay in getting approval from BBMP. They got the approval last month and just started with the construction. Initially the plan was G+12 when i booked the flat and BBMP approved for G+11. Due to this, parking space, and few amenities now compromised. Upon that, Frontier is asking me 500 Rs more per sq ft from me. Purely unprofessional builder and worst response from the builder.

Latest Answer: You are responsible for the timely receipt of your refund. If you do not receive your refund within 30 days of purchase, you can be held liable for the full amount of the purchase price. In addition, you may also be subject to a late fee. If you are not able to provide proof of purchase (such as a receipt), you may be responsible for the full amount of the purchase price. If you are unable to provide a valid shipping address, you may be responsible for the full amount of the purchase price. Additionally, if you are unable to provide a valid credit card number, you may be responsible for the full amount of the purchase price. If you are unable to provide a valid reason for your refund, your refund may be denied.

Latest Answer: Thanx Bhuvan and Srishti, i will go through the application form and receipts..

Latest Answer: can you reply back at birlok@gmail.com to discuss further. we can form a group and discuss. Thanks

Latest Answer: Hello. I am facing the same problem. Did you get your problem resolved? Any help from you would be appreciated.