Flat booking cancellation without agreement signed the refund amount
4 Answers
Hello,
Send them a notice for cancellation on the basis of your allotment letter. Peruse all documents carefully before sending the notice. Contact me through OLQ for further advise.
Dear Sir,
Carefully read the booking form or allotment letter you received. Check for a specific clause mentioning cancellation, forfeiture of the booking amount, and the maximum deduction if the buyer cancels.
Formal Notice: Draft and send a formal, written notice to the builder demanding the cancellation and refund within a stipulated time (e.g., 15 days).
Seek Local Advice: Since RERA is a State-specific act, the precise rules on deductions can vary from state to state (e.g., Maharashtra RERA has specific limits on forfeiture).
Check the allotment letter and in terms of allotment letter you can cancell the allotment and can claim refund. Get issued legal notice and if builder fails to refund the money deposited then file complaint before RERA authority which is speedy trial in comparison to other trials in civil courts like suit for recovery etc.
Dear Sir, as per your query,
1. Check booking documents: Review your booking form or receipt for any cancellation or refund clause—if no clause exists, only a nominal administrative fee (usually 5–10%) can be deducted.
2. Send written cancellation notice: Email and post a formal request to cancel the booking and seek refund within 30 days under Section 19 of RERA Act, 2016.
3. If refund delayed or excessive deduction made: File a complaint with the State RERA Authority for unfair trade practice and recovery of full refund with interest.
For further details and clarification, feel free to contact our OLQ Team for a detailed discussion.