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- Depends on what is mentioned in your agreement as remedy available to developer in case of default in payment by you.
However, in most cases, developer does not have the right to cancel allotment of the flat without informing you. Typically, they will have to give you a written notice to make payment within a certain number of days failing which, they will have the right to terminate.
Practically, developer will give you some grace days but will start charging interest after that...CommentQuote1Flag