The RERA empowers the homebuyer to cancel an allotment of the apartment booked with a builder at any stage even if there is no default on the part of the developer. It binds the builder to return the money collected from the buyers within 45 days of such cancellation after deducting the booking amount.
2)forfeiture by the developer is not legal and proper as per provisions of RERA.
3)the promoter to forfeit only 2% of the consideration of a flat, if the booking is cancelled 61 days after issuance of the allotment letter.
4) if builder refuses to refund your money file complaint against builder before RERA and seek refund of money paid by you with interest