Builder is not returning my booking amount
Hello sir, I have booked a flat in Lucknow, the builder said that the time of booking that the project will accomplish in the year 2017. After taking faith upon him, I paid one lakh rupees as booking amount in the year 2015. When I visited the site in the year July...
Section 12: The RERA 2016
If builder made false advertisement or prospectus, model apartment, plot or building then the builder will return entire investment of buyer along with interest.
Claim refund of money against the builder under RERA
Section 18 of the Real Estate (Regulation And Development) Act, 2016 (RERA) entitles the flat buyer to claim a refund of money and compensation for any loss from the builder. If the builder did not complete the project within time he shall be liable to refund the money with interest.