i had booked one flat in tierra A in August '2009. then got a loan approval from HDFC for home loan also. After payment of about 10 lacs there was no indication from builder about when the next payment is due. After 4 months i started following up to know when the next demand would be raised. then customer service people started revealing that approvals are not in place. HDFC guys ( branch staff) also stated the same thing. Approvals will take time and then only next demand will be raised. Then i realized that i had made a mistake of booking the flat going by the builder's name. Even the sales guys of HDFC never revealed all these while processing the application for loan. In Jan'2010 i decided to cancel my booking as i did not see any point in waiting for all approvals.Finally i got all the money i had paid for booking to the builder. I lost the interest on the money i had paid to builder and opportunity to invest somewhere else. lessons learnt: 1. Never go by builder's name i had booked one flat in tierra A in August '2009. then got a loan approval from HDFC for home loan also. After payment of about 10 lacs there was no indication from builder about when the next payment is due. After 4 months i started following up to know when the next demand would be raised. then customer service people started revealing that approvals are not in place. HDFC guys ( branch staff) also stated the same thing. Approvals will take time and then only next demand will be raised. Then i realized that i had made a mistake of booking the flat going by the builder's name. Even the sales guys of HDFC never revealed all these while processing the application for loan. In Jan'2010 i decided to cancel my booking as i did not see any point in waiting for all approvals.Finally i got all the money i had paid for booking to the builder. I lost the interest on the money i had paid to builder and opportunity to invest somewhere else. lessons learnt: 1. Never go by builder's name