"Booked" an apartment in a pre-launch project in 2013. The expected completion date informed was 2017 but the project had severe delays. And now is estimated to be completed by 2021. Requested cancellation of the bookings several times since last 2 years but the developer claims that if I cancel then 50% of the down payment will be deducted as cancellation charges. I want to receive my full refund and even better with nominal interest, what can I do ?


Answered on November 08, 2017
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  • Are the grounds for delay due to force majeure conditions, beyond the control of the developer?

    If not, can you please elaborate the terms in your agreement? Is there a termination clause in the agreement? What is the possession date specifically mentioned in the agreement?

    On grounds of inordinate delay, you can approach the developer to amicably settle the matter. However, if that does not work, you can approach RERA authorities of your state to resolve the matter. 

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