ANNEXURE'1' MODEL FORM OF ALLOTMENT LETTER Note: - i) For compliancr oJ thz pto?'isions of clause (g) of sub xction (2) of se.tiorl 4 of lhe Real Estate (Regulatio a d Det'elopment) A.t, 2016 (tlte Act), thr ptofonna ol the allohnent lettet lo be uplootud nlong with lhe application lor regtstration of tle rcal estate project slull be as per this model forn of allotment lettet . i, It shall be rnarulitory to issue allotment lelter in this fonnat Thener)er a swlt nol more thnn 10o/. (ten pet L? t) of tlrc cost of the ipa Lrc t, plot or builrling as tlv casc iio! be, is collected as deposit or odt).utc?. No Date To, Mr/Mrs./IVIs........ R/n.............. .. .. (Address) Telephone/Mobile number ... Pan Card No.: Aadhar Card No. Email ID: Sub: Your request for allotment of flat / commercial piemises /plot in the project known as having !lahaRERA Registr.rtion No Sir/Madam, 1. Allotment of the said unit: This has reference to your request referred at the above subject. ln that rcgard,l/ we have the pleasure to inform that you have been allotted a BHK fl at/villa/bungalow/ commercial premises bearing No. admeasuring RERA Carpet arca sq. mtrs equivalent to sq.ft. situated on floor in Building / I ower -_- /Block /WtnC in the project - known as having MahaRERA Registration No. hereinafter refered to as- "the said unit", being developed on land bearing C. S. No(s) /CIs No(s) ,-/Finat Plot No(s) No(s) Hissa No(s) Gat No(s)_ /Khasra No(s) I Plot No(s) lving and beirrg at -/Survey - 1 - Taluka Dist. admeasurirrg sq. mtrs. for a total consideration of Rs (Rupecs. odY) -Village- exclusive of GST, stamp dut), and registration charges. OR 1. Allotment of the said unit: This has reference to your request referred to at the above subject. In that regard, I/we have the pldasure to inform that vou havc been allotted a plot beaing No admeasurins so mtls. equivalent to sq. ft. in the project known as having MahaRERA Registration No hereinalter re(erred to as "the said unit" carved out from the land bearing C. S. No(s) CTS No(s Final Plot No(s) Survey No(s) issa No(s /Gat No(s)- /Khasra No(s) Plot No(s) lying and being at Villa ge Taluka-,Dist admeasuring sat mtrs. fora total coDsidcration of Rs. ", (Ru pees only) exclusive of GST, stamp duty and registration charges. 2. Allotment of garage/covered parkins space(s): Futher I/ we have the pleasure to inlorm you that you havo been allotted along with the said unit, garage(s) bearhg No(s) -admeasuring sq. mtrs equivalent to sq - at ft./covered car parking space(s) level basement /podium bearing No(s) admeasuring mtls. equivalent to el. ft./stilt parking bearing No(s) admcasuring sq. mtrs equivalent to sq.It. / mechanical car parkhg -sq. unit bearing No(s) admeasuring mtrs. equivalent to sq. ft. on the terrns and conditions as shall be enumerated in the agreement lor sale to be enteled into -sq.between ourselves and yourselves. 2 OR 2. Allotment of open car Darkinsi Fulther I/We have the pleasure to inJorm you that vou have been allotted an open car parking bearing No. \,1,ithout consider.ltion 3. Receipt of consideration: I / we confirm to have received from vou an amount of Rs. in (Rupees. in.'oras or.ly'), (tlis nmount shnll not be ruorc tlnn'10% of the cost of tlt snid ril) beingu % of the total considcration value of the said unit as booking amount /aclvance payment on through OR 3. Receipt of part consideration: A. You have requested us to consider payment of the booking amount /' advance payment in stageswhich requesthas been accepted bv us and accordingly I/We conlirm to have received from you and amount of Rs (Rupees onlv) bcing % of the total consideration valueof the said unitas bo,Jking amount / advance payment on through mode of pavmenr- . The balance of thc booking amount / advance payment shall be paid bv vou in the foliowing mafirer. a) Rs. in risurG (Rupees -% only) on or befole dd/ nrnr/ \-r-l'l b) Rs (Rupees. only) on or before ddlga-1yYYr c) Rs. in ti (Rupees. only) on or before .ld/m/wv! d) Rs. (Rupees. only) on or before Note: The totll amount nc&pted under this clau* slull not be uore tln 10% of tlt? .ost of tlu soid unit. B. I{ you fail to make the balance ---y. of the booking amount /advance payment within the time period stipulated above lurther 3 action as stated in Clause 12 hereunder written shall be taken by us as against you. 4. Disclosures of information I/We have made available to you the following inlormation namely: - i) The sanctioned plans, layout plang along h'ith sPecifications, approved by the competent authority are displayecl at the project site and has also been uploaded on MahaRERA website. ii) The stage wise time s.hedule of completion of the project, including the provisions for civic hJrastructure like water, sanitation and elcctricity is as stated in Annexure - A attached herewith and iii) The website address of MahaRERA is httpsy'/maharera.mahaonline.eov.in/# 5. Encrrmbranceg: l/ We hereby confirm that the said unit is free from all encumbrances and I/we herebv further conlirm tiat no encumbrances shall be created on the said unit. OR 5. Encumbrances: l/We have created the following encumbrance(s) / encumbrance(s) attached with caveats as enumerated hereunder on the said unit. a) b) c) 6. Further pa vments Further payments towards the consideration of the said unit as well as of the garage(s)/covered car Parking sPace(s) shall be made bv you, in the manner and at the times as well as on the terms and conditions as more specifically enumerated / stated in the agreement Ior sale to be entered into between ourcelves and yourselves. 4 7. Escse$&!: The said unit along with the garage(s)/covered car parking spaces(s) shall be handed over to vou on or before subject to the payment of the consideration amount of the said unit as well as of the garage(s) /covered car parking space(s)ir the manner and at the times as well as per the terms and conditions as more specifically enumerated / stated in the agreement for sale to be entered into between ourselves and yourselves. 8. Interest payme4!: In case of delay in making any payments, you shall bc Iiable to Pay interest at the rate which shall be the State Bank of lndia highcst Marginal Cost of Lending Rate plus two percent. 9. Cancellation of allotment: i. In case you deste to cancel the booking an amount mentioned )t in the Table hereunder written would be deducted and the balance amount due and payable shall be re(unded to you without interest $.ithin 45 days from the date of rcceiPt of your letter requcsting to cancel the said booking. Sr. If the letter requesting to cancel the Amount to bc No booking is received, deductecl 1 within 15 davs from issuance Nil; of the allotment letter; 2. within 16 to 30 days from 1 % of the cost of issuance of the allotment letter; the said unit; 3. ra,ithirl 31 to 60 days from 1.5% of the cost issuance of the allotment lctter; of the said unil .l alter 61 days from issuance of 29a of the cost of t the allotment letter. the said unit. * Tlre nmotrnt drducted slull not eac"ed llv auount as mentiontd in tle table abope. ll In tlrc event the amount due and payable referrcd in Clause 9 i) above is not refunded within 45 days from the date of receiPt of your lctter requesting to cancel the said booking, you shall be entitled to receive the balance amount with interest calculated at the rate which shall be the State Bank of India highest Marginal Cost of Lending Rate plus two percent. 10. Other pay4cllq: You shall rna.ke the pavment of GST, stamp dutv and registration charges, as applicable and such other payments as more specificalh' mentioned in the agreement for sale, the proforma whereof is enclosed hcrewitl in tems oI Clause 11 hereunder written. 11. Proforma of the asreement for sale and bindins effect: The proforma of the agreement for sale to be entered into between ourselves and yourselves is enclosed herewith for your readv reference. Forwarding the proforma of the agreement for sale does not create a binding obligation on the part oI ourselves and yourselves until compliance by yourselves oI the mandate as stated in Clause 12. 12. Execution a tra n of the sale i) You shall execute the agleement for sale and appear for registration of the same before the concemed Sub-Registrar within a period of 2 months from the date of issuance of this letter or within such period as rnay be communicated to you.* The saiLl period of 2 months can be further extended on our mutual understanding. * In the et enl the bookinS anoltflt is collected in stages and if tlu allottee farls to pay tlu subseqwnt stage inslalllpnt, tltl promotur shall sen e upotl the ollottee a notice calliry upon tht nllotttc to poy tlv subsequent stage installment within'15 (fftten) days t'hich if not complied, tlu plorater slull he entilled ta can@l tlis allotment letter. On cancellation of the allotment btttr tlte promotq shall be entitbd to forfeit the nfiount Wid by tlu allottee ot such nmount as fientioned in tlg Table enumercted in Clause 9 uhicha,er is less. ln no ettent tlu dnnunt to be forfeited slnll etued tlu amount me lioned in tl@ 6 nborc reJened Tnble. Except for tle abot e nll tlu tenns nnd conditions as enumeruled in this allobnent letter shnll be rpplicable etren for caxs ruhere booking amount ts collected in stages. ii) If you fail to execute the agreement for sale ard appear for regishation of the same before the concemed Sub-Regishar within the stipulated peliod 2 months from the date of issuance of this letter or withh 6uch period as may be communicated to you, l/we shall be entitled to serve upon you a noti.e calling upon you to execute the agreement for sale and appear for registration of the same within 15 (Fifteen) days, which if not complied, I/we shall be entitled to cancel this allotment letter and further I /we shall bc entitled to forfeit an amount not exceeding 2% of the cost of thc said unit and the balance amount iI any due and payable shall bc refunded without interest within 45 days from the date of expiry of the notice period. ii, ln the event the balanceamount due and payable referred inClause 12 ii) above is not refunded within 45 days from the date of expiry of the notice period, you shall be entitled to receive the balance amount with interest calculated at the rate which shall be the State Banl of India highest Marginal Cost of Lending Rate plus two percent. 13. Validity of allotment letter: This allotment lctter shall not be construed to limit your rights and interest upon execution and registration of the agreement for sale between ourselves and yourselves. Cancellation of allotment of the said unit thereafter, shall be covered by the terms and conditions of the said registered document. 14. Headings: Headings are inserted for convenience only and shall not aJfe.t the construction of the various Clauses of this allotment letter. 7 Signatuie........................ Name ............................ (Promoter(s)/Autholized Signatory) (Email Id.) Date: ............... Place;,....,.,..... CONFIRMATION & ACKNOWLEDGEMENT I/We have read and understood the contents of this allotment letter and the Annexure. I/We hereby agree and accept the terms and conditions as stipulated in this allotment letter. Signature--------- Narne----------- (Allottee/s) Date: Place it