Refund of Booking Amount
Hello Sir/ Madam.
I had done a booking in one of the under construction project in Thane. As I has planned to sell my other apartment in order to continue with this project, however I was not able to sell my other apartment so I requested to cancel my booking to the builder for which I had sent a email for cancellation as requested by builder. The Builder is now saying that you have signed the booking form which has a clause that 5% of the amount will be deducted of the total flat cost.
I am not having a copy of the booking form to check as we had just paid the cheque and signed the form at builder office and no copy of booking form was given.
I am stuck now for last 6 month I am sending email to refund and the builder is saying we will refund only if we are able to sell the flat.
I have paid Rs 5 Lac as booking amount.
Please let me know how can I get the booking amount from builder.
Some people are saying if you register the flat/ allotment letter is given then only the builder can deduct the money in my case no agreement or allotment letter was given.
Please provide guidance for the above issue.