Booking Cancellation

Booking Cancelled, Builder Says “Credit Note Only”: What MahaRERA Rules Typically Support

Booking Cancelled, Builder Says “Credit Note Only”: What MahaRERA Rules Typically Support

A buyer cancels a property booking before the Agreement for Sale is executed, but the builder insists on a credit note instead of a refund. This editorial explains how MahaRERA typically views booking-stage cancellations, forfeiture limits, and why buyers should be cautious before accepting credit notes.

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Booking Cancellation in Under-Construction MahaRERA Projects: What Every Buyer Should Know

Booking Cancellation in Under-Construction MahaRERA Projects: What Every Buyer Should Know

By Arosh John | Founder – John Real Estate (MahaRERA Reg. No. A51700001835) | Editor-in-Chief – Thane Real Estate News (TREN)Thane – MMR | November 2025 The Fine Print Every Homebuyer Should Read Under-construction projects in Maharashtra are governed by the Real Estate (Regulation and Development) Act, 2016 and monitored by MahaRERA, the state’s regulatory

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