I had paid Rs3lacs to book a flat in Sohna (Haryana) via a broker. I had made it clear to the broker that I would want to get out of this in 6-8 mths time.The booking was done during the soft launch stage.
Now when I spoke to thebroker and the developer regarding cancellation of the booking (resale not possible as prices have not moved), the developer asked me to get a NOC from the broker. The broker is now asking for Rs50,000/- to give a NOC.
My questions are:
1. Is it legal/correct for the broker to not give a NOC?
2. Does the developer really need a NOC from the broker?
3. How can I get a full refund without incurring a loss?
Regards
