The buyer wants to cancel his booking of a flat wherein he has already paid 40% of the total cost of flat. The agreement has been executed. As per agreement the builder will deduct 10% of the entire cost of flat, whereas only 40% has been paid by the buyer. The project is under construction. what is the legal position as far as refund of advance and deduction thereof is concerned. my query is
1. Can builder deduct on the total cost of flat whereas only 40% has been paid by the buyer?
2. what remedy the buyer has to get his advance refund on cancellation?