Legal Question in Real Estate Law in India
I have booked a flat with Rs.3L, now when i submitted agreement and all other papers for loan,bank has asked for more document which builder is not able to provide.What is the right way to cancel the booking so that i get my booking amount refunded?Agreement says it will be returned within 4 months.
Asked on 6/10/10, 4:09 am
1 Answer from Attorneys
Well,If the agreement clearly say it will be returned with in 4 months.
You have to prove in court the reason that, the builder is not able to provide the bank required relevant documents and if so,based on the agreement made you can very well get back the money accordingly.
Answered on 6/10/10, 7:15 am
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