Cancellation of booked flat - legal agreement not done
I have booked a flat in Greater Noida last year . I have paid 20% of total cost of flat i.e Rs 8,96,000 till now.
Legal Agreement is not done till now.
Due to financial constraints and some other reasons i am not able to continue with booking and want to cancel booking ,
But builder is threatning to cut 15% of total cost with reference to terms and conditions mentioned in booking form.
My questions are:-
1) Can builder cut 15% of total cost of flat as mentioned in terms and conditions of booking form .
2) Terms and condtions of booking form are legally binding or not.
3) Please advice legal options to get back my whole money.
Thanks
Rahul
Asked 9 years ago in Property Law
Religion: Hindu