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Real Estate Forum on Buying property for Ved Brillante in Panvel, Navi Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Ved Brillante in Panvel, Navi Mumbai

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Q: Q. During Oct 2013, A builder has launched a Project with 20% and 80% scheme. I paid 20% and received the allotment letter. Up to now, the said builder has not started any development and there is no hope that he will start the construction very soon.
During the several meeting he highlighted many technical and financial issue. Now my question is if i terminate the agreement and request for the refund, will i get the benefit (interest) on my 20% deposit?
What is the best way to get the refund?
Latest Answer: Thank you very much to all, for the quick response.
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