Terms & Conditions

Application Procedure and Allotment
Allotment shall be made on a ‘first-come-first serve basis’ upon receipt of the application and booking deposit. The company reserves the right to accept or reject any application without assigning any reason thereto. All payment shall be made by bank draft, pay order or cross check in favor of the company.

Signing of Deed
After receiving 25% booking deposit of Agreement will be signed.

Delay Charge
In case of genuine ground of delay of installment by the allottee beyond the due date, the allottee shall be liable to pay delay charge of 3% on the amount due per 30 day.

Cost of Registration/ Transfer Fee
All VAT ,Tax, Cost of stamp, cost of registration of the sale deed of proportionate undivided, unremarked Share of land and apartment as per value and all other incidental charge in terms of the value of the apartment and proportionate land shall be paid by the allottee as per government rate at the time of execution of the sale deed or before as and when required. Registration and related formalities may be made by the allottee directly or through the company on due payment in advance by the allottee to the company.

Utility Connection Charge and Incidental Cost
The utility connection fees, security deposit, other incidental charge and cost payable for water supply and sewerage connection, gas and electric connection and meters are not included in the price of the apartment. All such payment shall be made by allottee directly or through the company to the connection authorities and if any expenditure in these respect is incurred by the company in advance, the same shall be reimbursed by the allottee.

Cancellation of Allotment and Refund
In case any applicant, after being issued with the allotment letter of apartment, fails to sign the deed of agreement within the specified times or within any extended time that the company may allow or fails to make the required payment of installment in the due time, then the company shall have the right to cancel the allotment issued in favour of the allottee refunding the booking money after a deduction 50% of booking deposit and the same can be allotted to a third party. In case after execution of the deed of agreement, the allottee fails to make payment of installment in due time the same rules of the company can be applied to cancel the allotment and the same can be allotted to third party.