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Builder refused to refundbooking amount


09-Oct-2023 (In RERA Law)
Hello sir/madam,...we have paid 9% booking amount to builder in Jan-2019. So far no sales agreement is done neither registration. Now our financial condition is very bad and unstable. We had requested builder to refund booking amount but builder refused to pay saying booking amount will be forfeited against cancellation. Pls suggest..
Answers (2)

Answer #1
928 votes
Dear sir
For this firstly you have to send one legal notice through any lawyer
there after if builder is denying not to refund your paid amount then you have option to file a case before Rera or before consumer court
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Answer #2
711 votes
Dear Querist,
Please check the allotment letter whether it mentions any possession date, if that date is passed you are entitle to withdraw from the project with interest on delayed possession, but if not then you will have to exit as per the terms of allotment letter.

Regards,
Rakesh V. Misar
Kachwala Misar & Co.
Advocates & Solicitors
Mumbai.
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