Fill in Builder's Cancellation Notice: Defaulting Buyer

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Builder's Cancellation Notice: Defaulting Buyer

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Builder, buyer and unit
The default and the refund

Step 1 of 2

Builder, buyer and unit

Builder's (promoter's) full nameNeeded

For example: ABC Developers Private Limited

Builder's office addressNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

Full name of the buyerNeeded

For example: Aarav Sharma

Buyer's addressNeeded

House / flat / plot no.

Street, sector or locality

City area and PIN code

Name of the projectNeeded

For example: Green Park Heights

The unitNeeded

For example: Flat No. 304, Tower B

Date of the agreement or allotment letterNeeded

A calendar date — the day, the month and the year. Dates in a document like this are read against one another, so a date typed here can change what another date is allowed to be.

Total price agreedNeeded

An amount in rupees. Commas and a ₹ sign are both fine — write it the way you would write it anywhere else, and the document is given the tidy form of it.

For example: 5500000

Amount the buyer has paid so farNeeded

An amount in rupees. Commas and a ₹ sign are both fine — write it the way you would write it anywhere else, and the document is given the tidy form of it.

For example: 1500000

More details — you may leave these

Date of this noticeNeeded

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Date: __________

To,
__________
__________

Subject: Final notice before cancellation of allotment of __________, __________

Dear Sir/Madam,

1. You are the allottee of __________ in our project __________ under the agreement dated __________, at a total price of __________, of which you have paid __________.

2. The following sums are overdue:

3. We have already reminded you or given notice on the following dates:

5. If the dues are not received by that date, the allotment of the unit will stand cancelled from that date, as the agreement and the real estate law permit, without any further notice, and the unit may be allotted to someone else.

7. This notice is sent without giving up any of our rights under the agreement and the law.

Yours faithfully,
For __________

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