1) you have cancelled booking
2) you are entitled to refund after deduction of 1.5 per cent of consideration value as cancellation done within period of 60 days
3) Citing a recent Maharashtra Real Estate Regulatory Authority (MahaRERA) circular that indicates that a developer can only deduct 2% of the entire property amount in the case of booking cancellation by a home buyer, the MahaRERA issued an order directing Raymond Realty to take away 2% of the overall flat cost without charging interest to an allottee.