Loan application rejected by bank due to difference in Sanction area by Municipality(983 Sqft) and Actual area (1264 Sq ft)


I asked my promoter to revise the sanction plan but now he is threating me to either cancel the sales agreement or pay the remaining amount immediately and he will not revise the sanction plan. There is a clause in agreement that if I cancel the agreement 30% of amount will be forfeited.
I want to know whether I can sue the promoter for not revising the sanction plan as without revising the plan no bank will give me loan.
 
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