Refund & Cancellation Policy

 

At Parshav Realtors, we aim to maintain transparency in all property enquiries, bookings, registrations, and transactions. This Refund & Cancellation Policy explains the general terms applicable to cancellations and refunds relating to enquiries, registrations, bookings, and other property-related transactions facilitated through our website or services.

1. General Policy

Any booking, registration, application, or payment made in connection with a property or real estate project shall be subject to the specific terms and conditions applicable to that project.

The refund and cancellation terms mentioned in the relevant:

  • Booking form

  • Application form

  • Allotment letter

  • Payment plan

  • Agreement

  • Project-specific terms and conditions

  • Other transaction documents

shall prevail in case of any inconsistency with this general policy.

2. Cancellation Request

 

A customer wishing to cancel a booking, registration, application, or transaction should submit a written cancellation request to Parshav Realtors.

The cancellation request may be submitted through the official contact details provided below.

The request should include relevant transaction details so that the request can be verified and processed.

3. Refund Eligibility

 

Eligibility for a refund depends on the nature of the payment, the applicable project terms, the stage of the transaction, and the terms agreed upon at the time of booking or registration.

Where a refund is applicable, the refundable amount will be determined after considering:

  • Applicable cancellation charges

  • Administrative or processing charges

  • Deductions specified in the booking/application documents

  • Amounts payable to the concerned developer/project

  • Applicable taxes or statutory deductions, where applicable

  • Any other deductions permitted under the applicable agreement or law

4. Registration / Application Amount

 

Where a registration or application amount is specifically stated as refundable, the refund shall be processed in accordance with the terms and conditions applicable to the relevant project or scheme.

A registration or application amount stated as non-refundable shall not be refundable except where otherwise required by the applicable agreement or law.

5. Booking Cancellation

 

If a customer cancels a property booking after confirmation, any refund shall be subject to the cancellation terms contained in the applicable booking documents and project-specific terms.

Cancellation charges or other deductions may apply depending on the stage of the transaction and the applicable terms.

6. Refund Processing

 

Where a refund is approved, Parshav Realtors will initiate the refund process after verification of the cancellation request and completion of the necessary formalities.

Refunds may be processed through the original payment method or another appropriate method, as applicable.

The time required for the refund to reflect in the customer’s account may depend on the payment method, banking institution, payment gateway, project developer, and completion of required documentation.

7. Non-Refundable Payments

 

Certain payments may be non-refundable as specified in the applicable booking documents, project terms, or agreements.

Examples may include applicable administrative charges, processing charges, cancellation charges, or other amounts expressly identified as non-refundable.

8. Developer / Project-Specific Refunds

 

For properties or projects developed, owned, or managed by third parties, the refund may be subject to the refund and cancellation policy of the concerned developer or project.

Parshav Realtors may assist the customer in communicating the cancellation request; however, the final refund amount and processing may be determined by the concerned developer or project entity in accordance with the applicable transaction documents.

9. Failed or Duplicate Payments

 

If a payment is deducted from your bank account or payment method but the transaction is unsuccessful, the amount will generally be reversed or refunded by the relevant bank or payment gateway according to its applicable processing timelines.

If you believe that a duplicate payment has been made, please contact us with the relevant transaction details so that we can verify the payment.

10. Changes to Property or Project

 

Property prices, availability, specifications, amenities, payment plans, project schedules, and other project-related details may change from time to time.

Any cancellation or refund arising from a change in project terms shall be governed by the applicable booking documents, agreements, project policies, and applicable law.

11. No Unauthorised Deductions

 

Any deductions from a refundable amount will be made only where such deduction is permitted under the applicable transaction documents, project terms, or applicable law.

12. Disputes

 

In case of any disagreement relating to cancellation or refund, the matter will first be reviewed based on the relevant booking/application documents and transaction records.

Customers may contact us to raise their concerns, and we will make reasonable efforts to resolve the matter amicably.

Nothing in this policy shall restrict any rights or remedies available to a customer under applicable law.

13. Policy Changes

 

Parshav Realtors reserves the right to update or modify this Refund & Cancellation Policy from time to time.

Any changes will be published on this page with an updated “Last Updated” date.