Cancellation and Refund Policy

• If the Purchaser(s) cancels the Booking of the apartment, such cancellation shall attract 10% to be fixed cancellation charges on total paid amount. The refund amount (If any) shall be made by the Developer within 90 days from the date of application. when the Developer finds an alternative buyer for that particular flat whichever is earlier. Other than the refund (Including the cancellation charges as mentioned above) the Purchaser(s) shall not be entitled for any other compensation. For refund the check accepted by the Purchaser(s) or RTGS made by the Developer is final for concluding the cancellation procedure in all respects.

• The Purchaser(s) undertakes to pay all the installments on time as per the Payment Schedule Annexed herewith and agrees to pay interest @13% P.A for the delayed payments/ installments beyond 30 days from the date of each installment. The Developer reserves the right to cancel the booking in case of delay of such payments/ installments exceeds 2 months and allot/ alienate this booking to any third party without any further notice to the Purchaser(s). The Advance paid by the Purchaser(s) shall be refunded only after deducting 10% of Cancellation charges on total Paid amount.

• If the Agreement of Sale is not entered into between the Purchaser(s) and the Developer within 30 days from the date of this booking, the Developer reserves the right to cancel the booking and alienate this The Advance paid shall be refunded only after deducting 10% of Cancellation charges on total Paid amount.  

• The Developer shall have the first line in case of personal payments and paramount charge on the flat until the entire Sale Consideration and other charges have been paid and all legal formalities are completed.

• All statutory charges, GST and any other levies including any incidence of enhancement there in demanded or imposed by the concerned Authorities shall be payable by the purchases(s) as per the demand made by the Company.