Refund & Cancellation Policy

The Buyer(s)/Allottee(s) acknowledge that in case of cancellation of the Unit, and if the same is approved by the Developer, then the Developer is entitled to forfeit/ recover minimum of 10% of the agreed total consideration amount or such other amount as per the applicable policies/law as well as any interest on delayed payments as may be applicable to the payments received from the Buyer(s)/Allottee(s). In addition to the said forfeiture, the Developer shall be entitled to forfeit the following amounts from and out of any payments made by the Buyer(s)/Allottee(s) or recover the same from the Buyer(s)/Allottee(s) in the event the payments made by the Buyer(s)/Allottee(s) are insufficient to cover such amounts:

• (i) any applicable taxes, duties, cesses and statutory levies of whatsoever nature including but not limited to the Goods and Service Tax (GST), sales tax, revenue tax or any other applicable taxes,  water charges, electricity charges and duties, in respect of the said Unit applicable and payable by the Buyer(s)/Allottee(s) prior to such cancellation; and
• (ii) any brokerage charges / referral payouts if the said Unit is purchased through a broker / channel partner of the Developer or through any referral scheme of the Developer.

After cancellation, Developer is entitled to re-allot and resell the Unit to any other person and on such terms and conditions as Developer deems fit and repay to the Buyer(s) the balance amount, if any, within 60 (sixty) days from the date of cancellation.