I have booked a Flat 6 Months (Pre Launch) earlier with one of the new/small Builder near Silkbord, Bangalore. The builder is keep giving false Promise that they will start construction now and then however 6 month is passed now.
Now i want to cancel my booking so that i will get back my booking amount. While making the MOU and Sale Aggrement they have made a clause that they will refund the full booking amount, but that will be returned to customer after 3 months from cancellation Date.
The Builder has kept my money for 6 months and given me always the false promise, My money they have used for their own purpose and now if i cancel they will take 3 months to return my Money and they can sell the same flat in more amount.
Ideally they should return my money with 10% interest or as much Bank gives the return.
I just want to know is there any way to get my money as soon as possible (without waiting 3 Months), even i have signed the MOU and Sale Aggrement ?