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Cancellation of hsg. project

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This query is : Resolved

nagarajan (Querist)

22 February 2014 Hello I have booked flat at ambivali kalyan during 2009. They have allotted flat no. & building no. to me and collected booking money and earnest money only. Till now they have not started work in the said sector but in other sector construction is going on under the same company. Now (i.e after 3.5 years) they are telling that the said sectors project they are going to cancel it. They are ready to make refund with Interest. But my query is whether I have any legal remedy to get flat?

Nikhil Kaushik

Nikhil Kaushik (Expert)

22 February 2014 well i believe it would be advisable to accept the refund with some additional damage amount (interest). asking for specific contract ie asking for a constructed house even if legally possible would be a much longer and costly affair and in the end most of such cases end up with courts ordering damages..

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