Sobha Developers — sobha developer - booking cancellation refund not received even after 2 months

Address:

Bangalore, Karnataka, 560067

Dear sir,
We booked a flat with sobha developer dream acres project for 2 bhk. Flat number 46033 and paid 50 thousands by credit card. After 2 days, we cancelled the booking and we are not getting refund from them. The is no legal binding document signed by us other than booking form or we have not signed any agreementhttps://www.https://www.consumercomplaints.in/new_complaint/ with stamp paper. When we asked the refund of 50k, their reply as below.

"as discussed with my management, as per company policy, minimum cancellation charges is 50k, which has been already informed you before booking."

Question: can sobha developer cheat us without refunding 50k in the name of company policy?

Is there any way to get our 50k refund as there is no legal agreement signed by us?

Builder details:
https://www.sobha.com/
Contacts: mahesh. [protected]@sobha.com

I will appreciate any advice to us.

-sudhansu/kalyani
Phone: [protected]
Email: [protected]@hotmail.com