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Debasis  started a discussion on Cancellation procedure
Debasis Cancellation procedure
I recently booked a Flat in Life republic hinjewadi and gave the 20 % of the agreement value in the month of may. Due to this RERA and GST they delayed my registration process. Due to this GST my agreemeent value increased by a Lakh. Now looking at the possession time of the property and the increased prices I am thinking to not invest in this property anymore. Since I have to wait for 3 years for possession and they are not committing that they will give the keys exactly on 2020 . So there is a chance that possession might be delayed. This is the reason I don't wan to invest in this property anymore.It feels like I am in a huge loss. Now That I asked for the cancellation they are saying that they will deduct the 10 % of the amount which I have given them. This 10% is a very big amount . I am not sure whether there is any rule mentioned in the RERA about this .If any one knows about the RERA rules please let me know so that I can claim my entire amount . RERA was effective from 1 May and I gave the 20% amount in April. Now these people are saying that there is clause in RERA in which they can deduct the booking amount upto 1 lakh.
an hour ago in New Projects - Hinjewadi, Pune

 

 

 
Ask & Answer Moderator  answered on Meghana's  question on 3 hours ago
Ask & Answer Moderator Dear Rahul, if you have a property to sell, we suggest you to post your advertisement here: http://www.99acres.com/do/buyourservices You may write to us at feedback@99acres.com or call us at our Toll Free # 1800 41 99099 (Monday - Saturday 9:30AM to 6:00PM IST) for further assistance. Kindly refrain from posting your contact details as this is against our community guidelines. You may edit your answer and remove your contact number to prevent your answer from getting marked as report abuse.
3 hours ago

 
gurwinder singh  answered on Rajeshgjai kavi's  question on 3 hours ago
gurwinder singh Dear Rajeshgjai Kavi, stamp duty for buying a property in Chennai is 7% while registration charge is 4% of the agreement value. So, for a property worth Rs 10,00,000: Stamp Duty = 7% of 10,00,000 = Rs 70,000 Registration Charge - 4% of 10,00,000 = Rs 40,000 Total value of the property = Rs 10,00,000+70,000+40,000 = Rs 11,10,000
3 hours ago

 

 
gurwinder singh  answered on ANIS WADWANI's  question on 4 hours ago
gurwinder singh @Anis Wadwani, ideally, banks and financial institutions that have tied up with the builder can finance a property. However, you can consult this once with a bank/financial institution to get a better idea of the same.
4 hours ago

 

 
gurwinder singh  answered on Rajan Chanda's  question on 4 hours ago
gurwinder singh Dear Rajan, in this case, you are looking for joint loan. Home loan eligibility for a joint loan depends upon several factors such as income, CIBIL score and the sector he/she works in, etc. I suggest you to visit your nearest bank branch to know how much joint home loan can you and your wife get.
4 hours ago

 
gurwinder singh  answered on arpita's  question on 4 hours ago
gurwinder singh @Arpita, Rs 1 crore is not enough to own a ready to move-in property near HUDA City Centre Metro Station. There will be limited options like Ansal Maple Crescent in Sushant Lok Phase - 1 and AFNHB Jalvayu Vihar in Sector-30 Gurgaon. However, you can look for independent builder floors that are available in abundance - https://goo.gl/soShsY
4 hours ago

 
Congratulation devansh jindal !
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Congratulation kamal sethi !
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Gautam Bhaskar  gave thumbs up to squirrelfincapllp's  answer
squirrelfincapllp Dear Gautam,Yes the area is good and has lot of water. You can always plan to but a property in this locality though their is a little traffic congestion some times. As the area is already developed with lot of school and malls arvind.
29 July 2017

 
Congratulation Deepansh Sachdeva !
The community is proud to recognize you as an  Advisor 2 days ago
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Rajesh Goyal  gave thumbs up to Rahul Trivedi's  answer
Rahul Trivedi Hi Aditya, ITR documents Salary Slip Aadhar Card PAN Card Passport size photographs
18 August 2017

 
Congratulation harish !
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Congratulation bharat yadav !
The community is proud to recognize you as an  Advisor a week ago
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Congratulation smita !
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Harsh Shah  gave thumbs up to Sunil Pal's  answer
Sunil Pal TDR: Transfer of Development Rights. FSI : Floor Space Index
8 March 2011

 
Ashok Phalle  gave thumbs up to Amit Aswal's  answer
Amit Aswal Hi Ashok, The selling price for your property will be somewhere between Rs 35 Lakhs and Rs 70 Lakhs in this locality.
9 August 2017

 
 
 
 
 
 
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