Legal
Refund & Cancellation Policy
Last Updated: [Insert Date]
This Refund & Cancellation Policy applies to bookings and payments made towards units at The Alturaa.
1. Booking Amount
The booking amount paid at the time of expression of interest is provisional and subject to the terms outlined in the Application Form / Builder-Buyer Agreement.
2. Cancellation by Buyer
In case of cancellation by the buyer, refunds (if applicable) shall be processed as per the terms specified in the signed Application Form / Builder-Buyer Agreement and applicable RERA guidelines. Administrative and processing charges, if any, may be deducted from the refundable amount.
3. Cancellation by Developer
In the rare event of cancellation initiated by Anand Vatika (e.g., due to non-fulfilment of eligibility criteria or documentation issues), the full booking amount paid will be refunded as per the timelines specified in the Builder-Buyer Agreement.
4. Refund Timelines
Approved refunds will be processed within the timeline specified in the Builder-Buyer Agreement, generally within [Insert Number] working days from the date of written cancellation request.
5. Mode of Refund
Refunds will be made through the same mode of payment originally used, or via bank transfer to the buyer's registered bank account.
6. Governing Terms
This policy is subject to and should be read along with the detailed terms mentioned in the Application Form / Builder-Buyer Agreement and applicable HRERA regulations. In case of any conflict, the terms of the signed agreement shall prevail.
7. Contact
For cancellation or refund-related queries, please contact: contact@thealturaa.com
