I did canceled it well within 48 hours of booking, but still do not receive my full refund, there are clear two criteria for strict cancellation policy i.e.
48 hours of booking AND 14 days before checking date ( with local time)
Full refund should qualify. But only partial was refunded, anyone can read it clearly 48 hours of refund is from booking time and 14days from the checkin date and time. But after chasing a lot the agents are saying 48 hours is also from the checkin in time, which is beyond my understanding. Not sure who is holding money its AirBnB or Host, but certainly I will stay away from airbnb in future.