Criminal Trident Pack: IPC, CrPC and IEA by Sr. Adv. G.S Shukla and Adv. Raghav Arora
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r.k (engineer)     14 November 2013

Refunding prior to agreement

respected sir,

i have booked a duplex  on 29th oct. 2013 in cash down plan and 6.5 lac Rs.,but  the AGREEMENT IS NOT YET been signed with the builder.But due to some personal reasons, I  want to cancel  my booking  and want full refund .but the builder is saying that  10% of total consideration (39 lac) will be deducted . 

so what is the provision of law? and what should  i do ?

regards r.k 



Learning

 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     14 November 2013

In your case agreement is not yet signed so the builder has no right to deduct 10% amount, you can contact me for further help.

BAALASUBRAMANNYAMM (Advocate)     14 November 2013

Option No.1: You can fight with the builder, legally. If so it takes much time and wherein you could also meet some expenses. 

Option No 2. It is better to take 90%, cash down payment by builder, as you have dropped by your own. 

decide yourself. 


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