Vera Developers believes in transparency and will ensure all business is fairly dealt with according to the provisions of RERA. This Refund and Cancellation Policy outlines the procedures and conditions for cancellations and refunds.
Cancellation Request All cancellation requests must be sent by e-mail, Speed or Registered Post, or by hand to the concerned department at our office. The request must contain the project name, unit number, and reason for cancellation.
Cancellations will be subject to a cancellation fee as agreed in the sale agreement or by HRERA terms and conditions if the reasons are well-grounded and proven after an investigation.
Vera Developers will acknowledge the receipt within the stipulated timeframe after receiving the request for cancellation. The processing for cancellation will be completed within 45-60 working days from the date of receipt of the cancellation request.
Eligibility for Refund A refund will be processed only if the cancellation request is approved as per the terms and conditions agreed upon in the sale agreement or HRERA.
The refund amount will be calculated after deducting the cancellation charges and any non-refundable amounts (e.g., taxes, GST, administrative fees, brokerage if any).
Refunds will be processed within 45-60 working days from the date of approval of the cancellation request. Refunds will be processed through the same mode of payment used during the booking unless otherwise specified.
Refunds will be processed to the bank account or the payment method used at the time of cancellation. If paid by credit card/debit card, refunds will be made to the same credit card/debit card provided at the time of booking, and in the case of payment gateway payments, a refund will be made to the same account.
Force Majeure Vera Developers reserves the right to revise the refund and cancellation policy due to unforeseen conditions like acts of God, governmental regulations, and so on.
Cancellations and refunds shall be subject to the provisions of this agreement, which come under the RERA authority.
Vera Developers reserves the right to amend this policy at any time in accordance with the provisions of RERA and applicable laws. Customers will be informed about any changes through our official communication channels.
The Promoter agrees and understands that timely delivery of possession of the unit for residential usage along with parking (if applicable) to the Allottee and the common areas to the association of allottees or the competent authority, as provided under Rule 2(1)(f) of Rules, 2017, is the essence of the Agreement.
The Promoter shall be liable to hand over and transfer the unit for residential use with parking, if applicable, according to the timelines provided before the Haryana Real Estate Regulatory Authority, Gurugram, accessible on its website (https://haryanarera.gov.in), provided the Allottee is not in breach of the terms of this Agreement or unless there is a delay due to "force majeure," court orders, government policy/guidelines, or decisions affecting the regular development of the real estate project. If the completion of the Project is delayed under the aforesaid conditions, the Allottee agrees that the Promoter shall be entitled to an extension of time for the delivery of possession of the unit. It is further agreed that the time period for handing over possession of the 'said Unit' can also be extended as per mutual consent of the parties.
This disclaimer ("Disclaimer") will be applicable to the Website. By using or accessing the Website you agree with the Disclaimer without any qualification or limitation. The Company reserves the right to add, alter or delete material from the Website at any time and may, at any time, revise these Terms without notifying you. You are bound by any such amendments and the Company therefore advise that you periodically visit this page to review the current Terms.
The Websites and all its content are provided with all faults on an "as is" and "as available" basis. No information given under this Website creates a warranty or expand the scope of any warranty that cannot be disclaimed under applicable law. Your use of the Website is solely at your own risk. This website is for guidance only. It does not constitute part of an offer or contract. Design & specifications are subject to change without prior notice. Computer generated images are the artist's impression and are an indicative of the actual designs.
The particulars contained on the website mentions details of the Projects/developments undertaken by the Company including depicting banners/posters of the Project. The contents are being modified in terms of the stipulations / recommendations under the Real Estate Regulation Act, 2016 and Rules made thereunder ("RERA") and accordingly may not be fully in line thereof as of date. You are therefore required to verify all the details, including area, amenities, services, terms of sales and payments and other relevant terms independently with the sales team/ company prior to concluding any decision for buying any unit(s) in any of the said projects. Till such time the details are fully updated, the said information will not be construed as an advertisement.
In no event will the Company be liable for claim made by the users including seeking any cancellation for any of the inaccuracies in the information provided in this Website, though all efforts have to be made to ensure accuracy. The Company under no circumstance will be liable for any expense, loss or damage including, without limitation, indirect or consequential loss or damage, or any expense, loss or damage whatsoever arising from use, or loss of use, of data, arising out of or in connection with the use of this website.