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Ref: Cancellation charges on Apartment booking before Sale Agreement


02-Oct-2023 (In Property Law)
Hi Sir/Madam, Recently I booked a ready-to-move apartment with a booking amount of Rs.500000/- as an investment. But after due diligence, decided to cancel it. The builder did mention about the cancellation charges of Rs.1,50,000/- in the booking allotment document which I signed online. But levying additional charges of 18% + Rs.20000 e-Stamp charges (claims paid for e-Stamp already). I would like to know whether GST and e-Stamp charges are applicable in this case ? Please share your inputs
Answers (1)

Answer #1
975 votes
the Builder is not justified in even imposing that one and half lakh from the booking amount because his property failed in new diligence which is of course fault from his side. if you can exercise some patience you can get the whole money back. contact me.
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