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Can I request for cancellation of allotment at a subsequent date? What are the financial consequences of the same?

April 26, 2017allotment cancellation consequences financial request

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Can I request for cancellation of allotment at a subsequent date? What are the financial consequences of the same?

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• A request for cancellation can be made at any time after allotment. It may however be noted that the Earnest Money (10% of the total consideration) will be forfeited as the same is non refundable.