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Old 20-04-09   #1
shiv.ks
New Member
 
Join Date: Apr 2009
Posts: 1
Angry Booking cancelation with home loan

Hi,
I booked a flat on DEC2007.
I have given upto 90% amout with the help of HOME LOAN.
But there is no progress in the project.
Now I want to cancel my booking.
I want to know in this case what will happen about home loan.
shiv.ks is offline   Reply With Quote
Old 20-04-09   #2
abk
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Join Date: Dec 2008
Posts: 613
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Quote:
Originally Posted by shiv.ks View Post
Hi,
I booked a flat on DEC2007.
I have given upto 90% amout with the help of HOME LOAN.
But there is no progress in the project.
Now I want to cancel my booking.
I want to know in this case what will happen about home loan.
go to the consumer court.why has the loan institution released so much money without the construction progressing.had you asked the institution
to do so. what is the period mentioned in your agreement.what are the penalty clauses.
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