Quote:
Originally Posted by abk
lawyers are much worse than builders and you cant even think of putting a case against them.they change sides.
are we being prejudiced against builders,
for general cancellation on any item from car to airplane tickets dont we pay a cancellation fee and many cases like airlines and hotels 100% is non refundable. i had booked an indi_a xita(petrol) and on market reports cancelled it. my downpayment is still not recovered despite litigations and it is one of the reputed corporate of india. so i said tata to the advance
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Dear abk,
Your views indicated above are thought provoking. As the amount of deduction involved in the case of flats is high, the individual is worried. After all, the builder has enjoyed interest free advance for some months and he should atleast give a part of the advance immediately on genuine cancellation and the rest, may be in some specific period, say 3 months etc. After all, unlike the air ticket cancellation or vehicle booking cancellation, wherein the sellers would have incurred all the expenditure or the seat may go vacant etc., the builder has not spent much in the project construction and he should think of giving back the advance paid with, possibly some token cancellation charge like Rs. 1000 or Rs. 2000 etc.
ks2071746