Builder is not returning money on cancellation of flat i booked
hello, I booked a flat with a builder in Hyderabad. The property is RERA Approved and the construction was stalled due to a permission issue from a Airforce academy. I have waited for 2 yrs. and as there is no progress on the resolution. I decided to cancel my booking. I cancelled my flat in Sept 2024 writing an email to builder. Builder acknowledged my cancellation request and replied saying the refund will be made in 60 working days. Its March 2025 and still waiting for my refund. Whenever i am writing an email or asking for an update on refunds, they are saying there are no funds and it will take time to refund. I am paying EMI each month and this is becoming a burden. I need a suggestion on how to proceed.
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