RESPECTED SIR,
I got booked a flat of area 1075 sq ft in Paramount emotions of Paramount Propbuild ltd in 2013.I deposited around Rs.16 lakh from my hard earned money,rest of the amount,I have to deposit on possession.
Sir,Now I am in need of money.So Iwant to cancel my above mentioned booking.
I visited the office of builder in this regard.There the official dealing said me that an amount equal to 10% will be forfeited,this very clause is mentioned inBBA,also the money will be started refunding after atleast 6 months in instalments and the company will take all original documents back without giving any receiving
Kindly help me by giving guidance in this regard,can I take legal action against the builder.
thanking You,
Yours Faithfully
POONAM GUPTA
M-[deleted],[deleted]
Asked 8 years ago in Property Law
Religion: Hindu
Sir,
According to BBA 10% of total flats cost will be deducted in case of cancellation.I am agreed with this as property rates are very down.
He is saying, with cancellation application all origonal documents and receipts is to be deposited and he will not give receiving for that.I want that documents should be submitted to the builder after proper receiving from his side.What I should do for this,can I submit a case in consumer court without giving cancellation application,demanding receiving of the cancellation application and documents.
Sir, in how much time can I get my remaining amount back and what will be expense for that.
Asked 8 years ago