LawRato

Process to cancel the booked flat


27-Aug-2023 (In Property Law)
I have booked flat before 1 year and already given 10% amount of total cost of flat. I have photo copy of builder buyer agreement and payment receipt but builder has been taken original copy from me for loan processing but bank is not processing loan yet due to some pending approval on project from authority. I want to cancel my flat so please suggest me what will be procedure to cancel and what will need to do that?
Answers (1)

Answer #1
548 votes
In my opinion, you have signed the application form at the time of flat booking and there are any hidden terms and conditions mentioned in the backside of the Booking Form. Kindly re check your application form or receipt. Usually, Terms and Conditions of the documents will stand. However, if any hidden terms and conditions, there are no possibilities of payment of stamp duty on the hidden terms and conditions.

B. Secondly, you can put a mail or send a legal notice to the builder by claiming the amount then the builder will be replied back by mentioning the 5% deduction amount.

C. Subsequently, you can move a Consumer Court under deficiency in the Service and unfair trade practice.

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."