LawRato

Can Builder deduct amount if I cancel booking


09-Jun-2023 (In Property Law)
Hi, I recently booked a residential plot in Gaursons project in pre launch phase with 10% booking amount and application form duly signed by me. Now i am in a dilemma about going forward with this project. But when i look at application form there is a clause mentioning "If i prefer to cancel registration of the plot, after allotment of plot an amount of 15% of cost of plot will be forfeited". Recently i got a mail from Gaur on 25th May to collect the allotment letter for plot. I haven't collected the letter yet. So if i cancel it now will i be eligible to get my full booking amount or not.
Answers (1)

Answer #1
750 votes
Sure you can take an action for any wrong done against you and for such help we as professionals always there to assist you and guide you to proper legal procedures and advises. Kindly feel free to contact me and fix an appointment with me

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."