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Will you get refund of flat booking amount after cancelling it? Check your state's RERA Act which will decide the extent of recovery

By Economic Times - 7 months ago
Real Estate: Buying a flat and paid a booking amount? You may not get the entire booking amount back if you cancel the flat booking. There are some states like Maharashtra, Delhi, etc who specify up to how much amount of the booking amount can be forfeited. Know here the full list of states.

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