I took a flat recently with a builder in mumbai and made 20% payment with registration and stamp duty. For remaining 80% loan I approached Axis bank and in CIBIL records they found that this flat was initially owned by some other person and now without deed of cancellation they are not ready to disburse. On contrary builder is very stubborn and said we don't follow up with our old customers and just have notice and pre termination letter(on lodha letter head). They said the clause of agreement which states that they have right to cancel the flat in case customer pays in due notices. But bank is still not ready to go ahead and builder also. Please suggest is there any harm if I go with some other bank? Or this is legally wrong? would it be right if i send legal notice to builder for same?