Parameters to keep in mind while cancellation of the booking.

There are few clauses while doing the cancellation of the booking. Customer should keep the evidences and legal documentations ready. There is a solution of every constraint and indeed there is a solution of this problem as well. However customer has to remember few aspects given under:

First we need to understand the reasons of cancellation of the booking.

•After Sales Services are not good

•Builder sometimes is not able to give the services what    has   been promised 

•Finances of the buyer 

•Bank doesn’t approve the finance if the buyer is taking   any.

•Cost factor can be the reason if customer is likely to        purchase another project in different location.

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Buyer should aware that what his fundamental rights while doing the cancellation:

First of all customer should about his rights while doing the cancellation, these aspects are not only applicable in apartments rather are applicable in any of the property.

To start with it is very important to read the legal documentation like property allotment or sales agreement, all the aspects are generally mentioned in the same.

If the developer does not start the construction within one year of the booking then the buyer is entitled to get the payback with some percentage of interest added to it.

In case there is no clause then how the buyer should go about the cancellation:

Consider the hypothetical situation wherein the buyer has not signed any agreement, then what? Can he still cancel the property? Answer is yes but how?

Customer still has right to cancel the property, the reason of the cancellation should be strictly lawful to keep the buyer away from the legal implications.

Not only that one has to cancel the booking however for every extreme situations customer has to keep the documentation always ready along with the payments receipts and allotment letter.

Evidences

It is very important to keep everything in writing for proper evidences. Buyer should not trust anybody without any written proofs, he should never trust the verbal communications rather he should have the evidences in written to be lawfully and ethically correct.

It can be the possibility when the builder is not willing to pay the amount back and want to gain the trust again by verbal assurance on the problems, however if the buyer has decided to cancel then he should it legally with the help of lawyers.

May consult the lawyer or contact the consumer protection court:

It may be the possibility that the refunded amount is less and the buyer is not satisfied with the same, he can easily take help of the lawyer or consumer protection court to regain what he has lost, though builders themselves has lot of contacts in the court but when the case is strong legally then there will no problem as such.

Manglam group advise the customer keep the documentation always ready for any troublesome situations. If the documentation is correct and appropriate then there will no hassle to the buyer.

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