Cancellation Of Sale Agreement For Flat

1. The RERA empowers the homebuyer to cancel an allotment of the apartment booked with a builder at any stage even if there is no default on the part of the developer. 2.Issue a formal lawyer's notice to the builder to cancel the agreement and seek the refund of flat value. If builder does not refund your amount then you may file a lawsuit for recovery against builder in the court. 3.It will depend on the agreement made and its terms and conditions for cancellation. 4. No GST not refundable

Hi, 1. The RERA Act permits the homebuyer, otherwise known as an allottee, to withdraw from the real estate agreement, whether or not the developer is at default. 2. You can terminate the agreement by giving a notice to builder that you are no more interested in buying the property and return the advance if paid any. 3. It will depend on the agreement made and its terms and conditions for cancellation. 4. Gst is not refundable. If you find it helpful, kindly rate my answer. Thank You.

Dear Sir, GST cannot be refunded but you can cancel sale agreement by issuing legal notice and you will get back your amount paid less administrative expenses incurred by the builder. Please give me rank after viewing my details. Please call me for further assistance.