{"id":30003,"date":"2015-04-14T14:19:00","date_gmt":"2015-04-14T08:49:00","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=30003"},"modified":"2020-06-15T03:08:07","modified_gmt":"2020-06-14T21:38:07","slug":"aspects-consider-cancelling-flat-booking","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/aspects-consider-cancelling-flat-booking\/","title":{"rendered":"Aspects to Consider While Cancelling Flat Booking"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-30004\" alt=\"cancel-booking\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2015\/04\/cancel-booking.jpg\" width=\"300\" height=\"250\" \/>If flight or railway bookings can be cancelled, online purchase can be cancelled then why not apartment booking get cancelled? Flat booking is certainly possible but you have to consider certain aspects, so that your cancellation takes place efficiently without any hurdle.With the increasing number of apartment projects, not only the count of booking is increasing but a slight rise can be seen in booking cancellation too. Homebuyers might have to cancel their apartment booking due to some personal reasons, in such situations they have to consider few important points that are related to booking cancellation. There are different reasons for cancellation; it might be delay in project plan or execution, financial crisis, quality not delivered as per assured and so on. Whatever is the reason for your cancellation, you have to know few things beforehand so that you don\u2019t get stuck with any legality.<strong>Know your fundamental right as buyer:<\/strong>Not only apartment but for any other property, it is very essential for the buyer to know their fundamental rights related to the cancellation.<\/p>\n<ul>\n<li>Generally cancellation clause is mentioned in legal documents like property allotment or sales agreement, thus it is very crucial to go through the clause properly and check out the refund amount that the builder is legally responsible to pay<\/li>\n<li>For cancelling the property, you need to carry out the pre-signed clause, according to the agreement<\/li>\n<li>If the developer does not start with the construction process within one year of releasing the allotment letter then he will have to pay back the booking amount 6% of simple interest per year<\/li>\n<\/ul>\n<p><strong>Cancellation, in case of no clause or agreement:<\/strong>What if you have not signed any agreement while making transaction with the builder or no clause is added in the agreement? Is cancellation still possible? Fortunately, yes, you can still cancel the property. You still have the right to cancel the apartment booking on the grounds of the basic agreement between your builder and you.<\/p>\n<ul>\n<li>The reason for your cancellation should be strictly lawful to keep yourself away from legal implications<\/li>\n<li>To smoothly carry out the cancellation process, it is important for buyers to keep the copy of allotment letter, application form and payment receipts<\/li>\n<\/ul>\n<p><strong>Take help of lawyer:<\/strong>Anything related to property is actually a legal process thus at time of cancellation, it is vital to look for legal help.<\/p>\n<ul>\n<li>There are number of legal formalities involved in cancellation of bookings, as a buyer, you might not be aware of all the legal proceedings thus it is better to take help of lawyer<\/li>\n<li>Even if you have everything in writing, hiring a lawyer will help the buyer to carry out all the communication with the builder in respect to cancellation, officially and conveniently<\/li>\n<\/ul>\n<p><strong>Have everything in writing for evidence:<\/strong>You cannot trust the builder simply though his verbal assurance. Spoken promises can change anytime.<\/p>\n<ul>\n<li>It is better and obligatory to move on with the cancellation process in written and legal way.<\/li>\n<li>Written cancellation process will not only give you assurance but will be helpful during any disputes related to booking cancellation<\/li>\n<li>Builders are quite wicked, they might try to find out any or the other way to get rid of refunding the buyers. Thus even if it is just sending email to the builder, it is advisable to take legal help and take a copy of it<\/li>\n<\/ul>\n<p><strong>Can take help of consumer protection court:<\/strong><\/p>\n<ul>\n<li>If you are not satisfied with your refund amount then you can certainly approach the consumer protection court which will allow you to file an application against the builder asking full refund<\/li>\n<li>Before you approach the court just ensure you have all the necessary documents to take legal action against the builders<\/li>\n<\/ul>\n<p>If booking is your decision then cancelling is also your decision hence you legally have the right to cancel the booking. However if you consider the above things and follow the process accordingly, your cancellation process will be trouble-free and will be assured with required refund.<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If flight or railway bookings can be cancelled, online purchase can be cancelled then why not apartment booking get cancelled? Flat booking is certainly possible but you have to consider certain aspects, so that your cancellation takes place efficiently without any hurdle.With the increasing number of apartment projects, not only the count of booking is [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[447,433],"tags":[],"class_list":["post-30003","post","type-post","status-publish","format-standard","hentry","category-realty-guide","category-tips"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aspects to Consider While Cancelling Flat Booking -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/aspects-consider-cancelling-flat-booking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aspects to Consider While Cancelling Flat Booking -\" \/>\n<meta property=\"og:description\" content=\"If flight or railway bookings can be cancelled, online purchase can be cancelled then why not apartment booking get cancelled? 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