ANNEXURE ‘1’ MODEL FORM OF ALLOTMENT LETTER Note:- i) For compliance of the provision of clause (g) of sub-section (2) of section 4 of the Real Estate (Regulation and Development) Act, 2016 (the Act), the proforma of the allotment letter to be uploaded along with the application of registration of the real estate project shall be as per this model form of allotment letter ii) It shall be mandatory to issue allotment letter in this format whenever a sum not more than 10% (ten per cent) of the cost of apartment, Plot or building as the case may be, is collected as deposit or advance. No. Date : 27th June 2023 To Mr/ Mrs/ MS ……………………………………………………………….. R/o ………………………………………………………………………………. (Address) Telephone/ Mobile number …………………………………………. PAN Card No.: Aadhar Card No.: Sub: Your request for allotment of flat/ commercial premises/ plot in the project known as VIGHNARAJ APARTMENT at Gat no 14/3B, City Survey no 39, Plot no 1+2, Mouje Satare, Bhusawal 425201 having MahaRERA Registration No Applied. Sir/ Madam, 1. Allotment of the said unit: This has a reference to your request referred at the above subject. In that regards, I/ we have pleasure to inform that you have been allotted a _____ BHK flat/ villa/ bungalow /commercial premises bearing No. _____ admeasuring RERA carpet area _____ sq. mtrs. equivalent to _____ sq. ft. situated on _____ floor in Building 1 / Tower _____/ Block _____/ Wing (A/B) in the project known as “VIGHNARAJ APARTMENT”, having MahaRERA registration No. APPLIED, hereinafter referred as “the said unit”, being developed on land bearing Gat no 14/3B, City Survey no 39, Plot no 1+2, Mouje Satare, Bhusawal 425201 admeasuring land as 597.12 sq. mtrs for a total consideration of Rs. _____in figures____________ (Rupees. ______________ in words_______________ only) exclusive of GST, stamp duty and registration charges. OR 1. Allotment of the said unit: (NOT APPLICABLE) This has reference to your request refer to at above subject. In that regard, I/ we have pleasure to inform that you have been allotted a plot bearing No. _____ admeasuring _____ sq. mtrs. equivalent to _____ sq. ft. in the project known as ___________, having MahaRERA registration No ___________, hereinafter referred as “the said unit” carved out from the land bearing C. S. No(s) _____/ CTS No(s) _____/ Final Plot No(s) _____/ Survey No(s) _____/ Hissa No(s) _____/ Gat No(s) _____/ Khasra No(s) _____/ Plot No(s) _____ lying and being at __________ Village __________ Taluka __________ Office District admeasuring sq. mtrs. for a total consideration of Rs. _____in figures____________ (Rupees. ______________ in words_______________ only) exclusive of GST, stamp duty and registration charges. 2. Allotment of garage/ covered parking space(s): (NOT APPLICABLE) Further I/ we have the pleasure to inform you that you have been allotted along with the said unit garage(s) bearing No(s) _____ admeasuring _____ sq. mtrs. equivalent to _____ sq. ft./ covered car parking space(s) at _____ level basement/ podium bearing No(s) _____ admeasuring _____ sq. mtrs. equivalent to _____ sq. ft./ stilt parking bearing No(s) _____ admeasuring _____ sq. mtrs. equivalent to _____ sq. Ft./ mechanical car parking unit bearing No(s) _____ admeasuring _____ sq. mtrs. equivalent to _____ sq. Ft. on the terms and conditions as shall be enumerated in the agreement for sale to be entered into between ourselves and yourselves. OR 2. Allotment of open car parking: Further I/ we have pleasure to inform you that you have been allotted an open parking bearing No. _____ without consideration. 3. Receipt of part consideration: I/ we confirm to have received from you an amount of Rs. _____in figures____________ (Rupees. ______________ in words_______________ only), (this amount shall not be more than 10% of the cost of the said unit) being _____% of the total consideration value of the said unit as booking amount/ advance payment on _____DD/MM/YYYY____, through _____mode of payment________. OR 3. Receipt of part consideration: A. You have requested us to consider payment of the booking amount / advance payment in stages which request has been accepted by us and accordingly I/ we confirm to have received from you an amount of Rs. _____in figures___________ (Rupees. ______________ in words_______________ only) being _____% of the total consideration value of the said unit as booking amount/ advance payment on _____DD/MM/YYYY____, through _____mode of payment________. The balance _____% of the booking amount/ advance payment shall be paid by you in the following manner. a) Rs. _____in figures____________ (Rupees. ___________ in words_______________ only) on or before _____DD/MM/YYYY____. b) Rs. _____in figures____________ (Rupees. ___________ in words_______________ only) on or before _____DD/MM/YYYY____. c) Rs. _____in figures____________ (Rupees. ___________ in words_______________ only) on or before _____DD/MM/YYYY____. d) Rs. _____in figures____________ (Rupees. ___________ in words_______________ only) on or before _____DD/MM/YYYY____. Note: The total amount accepted under this clause shall not be more than 10% of the cost of the said unit. B. If you fail to make the balance _____% of the booking amount/ advance payment within the time period stipulated above further 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 information namely:- i) The sanctioned plan, layout plans, along with specifications, approved by the competent authority are displayed at the project site and has also been uploaded on MahaRERA website ii) The stage wise time schedule of completion of the project, including the provisions of civic infrastructure like water, sanitation and electricity is as stated in Annexure – A attached herewith and iii) The website address of MahaRERA is https://maharera.mahaonline.gov.in/# 5. Encumbrances: I/ we hereby confirm that the said unit is free from all encumbrances and I/ we hereby further confirm that no encumbrance it shall we created on the said unit. OR 5. Encumbrances: (NOT APPLICABLE) I/ we have created the following encumbrance(s)/ encumbrance(s) attached with caveats as enumerated hereunder on the said unit. a) b) c) 6. Further payments: Further payments towards the consideration of the said unit as well as of the garage(s)/ covered open car parking space(s) shall be made by you, in the manner and at the time as well as on the terms and conditions as more specifically enumerated/ stated in the agreement for sale to be entered into between ourselves and yourselves. 7. Possession: The said unit along with the garage(s)/ covered / open car parking space(s) shall be handed over to you on or before 18th February 2025 subject to the payment of the consideration amount of the said unit as well as of the garage(s)/ covered parking space(s) in the manner and at the time 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 payment: In case of delay in making any payment, you shall be liable to pay interest at the rate which shall be the State Bank of India highest Marginal Cost of Lending Rate plus two percent. 9. Cancellation of allotment: i) In case you desired to cancel the booking and amount mentioned in the Table hereunder written* would be deducted and the balance amount due and payment shall be refunded to you without interest within 45 days from the date of receipt of your letter requesting to cancel the said booking Sr. If the letter requesting to cancel Amount to be No. the booking is received, deducted 1. Within 15 days from issuance of Nil; the allotment letter; 2. Within 16 to 30 days from 1% of the cost of the issuance of the allotment letter; said unit; 3. Within 31 to 60 days from 1.5% of the cost of issuance of the allotment letter; the said unit; 4. After 60 days from issuance of 2% of the cost of the the allotment letter. said unit. *The amount deducted shall not exceed the amount as mentioned in the table above. ii) in the event the amount due and payable referred in clause 9 (i) above is not refunded within 45 days from the date of receipt of your letter requesting to constellation title 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 payments: you shall make the payment of GST, stand duty and registration charges as applicable and such other payments as more specifically mentioned in the agreement for sale, the proforma whereof is enclosed herewith in terms of Clause 11 hereunder written. 11. Proforma of the agreement for sale and binding effect: The proforma of the agreement of sale to be entered into between ourselves and yourselves is enclosed herewith for your ready reference. Forwarding the proforma of the agreement for sale does not create a binding obligation on the part of ourselves and yourselves untill compliance by yourselves of the mandate as stated in clause 12. 12. Execution and registration of agreement for sale: i) You shall execute the agreement for sale and appear for registration of the same before the concerned Sub-Registrar within a period of 2 months from the date of issuance of this letter or within such period as may be communicated to you.* The said period of 2 months can be further extended on our mutual understanding. * In the event the booking amount is collected in stages and if the allottee fails to pay the subsequent stage installment, the promoter shall serve upon the allottee a notice calling upon the allottee to pay the subsequent stage installment within 15 (fifteen) days which if not complied, the promoter shall be entitled to cancel this allotment letter. On cancellation of the allotment letter the promoter shall be entitled to forfeit the amount paid by the allottee or such amount as mentioned in the Table enumerated in Clause 9 whichever is less. In no event the amount to be forfeited shall exceed the amount mentioned in the above-referred Table. Except for the above all the terms and conditions as enumerated in this allotment letter shall be applicable even for cases where booking amount is collected in stages. ii) If you fail to execute the agreement for sale and appear for registration of the same before the concerned Sub-Registrar within the stipulated period 2 months from the date of insurance of this letter or within such period as may be communicated to you, I/ we shall be entitled to serve upon you a notice 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 the allotment letter and further I/ we Shall be entitle to forfeit an amount not exceeding 2% of the cost of the said unit and the balance amount if any due and payable shall be refunded without interest within 45 days from the date of expiry of notice period. iii) In the event of balance amount due and payable referred in clause 12 (ii) about 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 State Bank of India highest Marginal Cost of Lending Rate plus two percent. 13. Validity of allotment letter: This allotment letter 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 documents. 14. Headings: Headings are inserted for convenience only and shall not affect the construction of various Clauses of this allotment letter. Name – Mr. Gopal Dattatraya Mahajan (Partner & Authorized Signatory – M/s PATIL MAHAJAN) (Partner/ Authorized Signatory) (Email Id.) – patil2mahajan.co@gmail.com Date: 27th June 2023 Place: Bhusawal Confirmation & Acknowledgement I/ We have read and understood the contents of this allotment letter and Annexure. I/ We hereby agree and accept the terms and conditions stipulated in the allotment letter. Signature ……………………………………… Name ……………………………………………. (Allotiee/s) Date: ……………………………………. Place: …………………………………… Annexure – A Stage wise time schedule of completion of the Project- VIGHNARAJ APARTMENT Sr. Stages Date of Completion No. 1. Excavation 15-12-2022 2. Basements (if any) No Basement 3. Podiums (if any) No Podium 4. Plinth Work in Progress 5. Stilt (if any) No Stilt 6. Slabs of super Structure Work in Progress 7. Internal walls, internal plaster, completion of floorings, Yet to Complete doors, and windows 8. Sanitary electrical and water supply fittings within the Yet to Complete said units 9. Staircase, lifts wells and lobbies at each floor level Yet to Complete overhead and underground Water tanks 10. External plumbing and external plaster, elevation, Yet to Complete completion of terraces with waterproofing 11. Installation of lifts, water pumps, firefighting fittings and Yet to Complete equipment, electrical fittings, mechanical equipment, finishing to entrance lobby/s. plinth protection, paving of areas appurtenant to building/ wing, compound wall and all other requirements as may be required to complete project as per specifications in agreement of sale, any other activities 12. Internal roads & footpaths, lighting Not Applicable 13. Water supply Yet to Complete 14. Sewerage (chamber, lines, septic tank, STP) Yet to Complete 15. Storm water drains Yet to Complete 16. Treatment and disposal of sewage and sullage water Yet to Complete 17. Solid waste management & disposal Yet to Complete 18. Water conservation/ rain water harvesting Yet to Complete 19. Electrical meter room, sub-station, receiving station Yet to Complete 20. Others Yet to Complete Name – Mr. Gopal Dattatraya Mahajan (Partner & Authorized Signatory) M/s Patil Mahajan) Date: 27th June 2023 Place: Bhusawal