KANHAIYA LAL GUPTA 18 July 2025

Builder not refunding the booking amount paid for land purchase after cancellation

Hi Team, I have paid booking amount of Rs 500000/- to builder as advance amount for purchase of land in Bangalore but later within 1 month I have cancelled the deal due to personal reasons but builder is not refunding the money, initially they were saying that it will take 6 months to refund the money and after 6 months they are directly saying go legal to get the advance money, please advise.

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Advocate Bhartesh goyal (advocate) 18 July 2025

Builder has no right to retain entire advance paid amount on cancellation of deal.He can deduct 10% of advance paid amount in liew administration charges only It's not only unfare trade practice of builder but also amounts his deficiency in services. File complaint before Consumer Commission and claim advance paid amount along with compensation towards mental and physical agony.