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Can builder cancel my flat if I am not paying the money ?


05-Dec-2023 (In Property Law)
Can Builder cancel my Flat unit if I have paid all payments as per BBA. Final Payment I am holding on which was 40% of the property rate. REASON IS BECAUSE THAT PAYMENT WAS SUPPOSED TO BE GIVEN AT OFFER OF POSSESION BUT BUILDER DOESNT HAVE OC/CC OF THE PROJECT YET & I DONT WANT TO TAKE POSSESION ILLELAGLY. BUILDER IS 
Answers (1)

Answer #1
642 votes
Dear client,
As such you bound to pay the remaining amount the builder can charge interest over it for cancellation and other things the detailed buyer builder agreement and other details has to be seen. For your further query you can contact me.
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