Annexure ‘1’ MODEL FORM OF ALLOTMENT LETTER No. Date: 15/10/2024 To, Mr./ Mrs./ Ms.: ______________________________________________________________________ R/o:________________________________________________________________________________ Contact Details:_______________________________ Mail Id:_________________________________ Pan Number:_________________________________ Aadhar No.:______________________________ Subject: Your Request for Allotment of flat / commercial premises/ plot in the project known as NISARG GARDEN WING R having MahaRERA registration No.______________________________________________ Sir/ Madam, 1. Allotment of the said unit: This has reference to your request referred at the above subject in that regard, I/we have the 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 _____________/ Tower___________/ Wing________________ in the project known as NISARG GARDEN WING R, having MahaRERA Registration no___________________________________________ hereinafter referred to as “the said unit”, being developed on land bearing Plot No.43A to 56B of S No. 30/2, Mouje Chandur, Akola 444004. admeasuring ___________ sq mtrs for a total consideration of Rs._______________________ (Rupees__________________________________________________________________ only) exclusive of GST, stamp duty and registration charges. 2. Allotment of Garage/ covered parking space(s): Further I/we have the pleasure to inform that you have been allotted along with the said unit, garage/ covered parking space at _____________ level basement / podium / stilt / mechanical parking unit bearing no(s)_________________ admeasuring ___________________ sq ft having __________ ft length X ___ ft breadth X _______ ft vertical clearance 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 the pleasure to inform you that you have been allotted an open car parking bearing no______________________ having _______ ft length X __________ ft breadth without consideration. 3. Receipt of part consideration: I/We confirm to have received from you an amount of Rs_______________________________ (Rupees________________________________________________________________________________ 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 ____________________(date), through_______________________________(mode of payment). The above payment received by me/us has been deposited in RERA Designated Collection Bank Account 43439726762, State Bank of India Bank, Shraogi Tower, Tilak Road branch having IFS Code SBIN0003784 situated at Shraogi Tower, Tilak Road, Akola - 444002. In addition to the above bank account, I/we have opened in the same bank, RERA Designated Separate Bank Account and RERA Designated Transaction Bank Account having account number 43355490717 & 43439636288 respectively. 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)(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). 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. C. The above payment received by me/us has been deposited in RERA Designated Collection Bank Account 43439726762, State Bank Of India Bank, Shraogi Tower, Tilak Road branch having IFS Code SBIN0003784 situated at Shraogi Tower, Tilak Road, Akola - 444002. In addition to the above bank account, I/we have opened in the same bank, RERA Designated Separate Bank Account and RERA Designated Transaction Bank Account having account number 43355490717 & 43439636288 respectively. 4. Disclosure of information: I/We have made available to you the following information namely: A. The sanctioned plans, layout plans, along with specifications, approved by the competent authority are displayed at the project site and has also been uploaded on MahaRERA website. B. The stage wise time schedule of completion of the project, including the provision for civic infrastructure like water, sanitation and electricity is as stated in Annexure A attached herewith and C. The website address of MahaRERA is ____________________________________________. 5. Encumbrances: l/ We hereby confirm that the said unit is free from all encumbrances and I/we hereby further confirm that no encumbrances shall be created on the said unit. 6. Further Payments: Further payments towards the consideration of the said unit as well as of the garage(s) / covered car parking space(s) shall be made by you, in the manner and at the times 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 with garage(s) / covered car parking space(s) along with shall be handed over to you on or before__________________, subject to the payment of the consideration amount of the said unit in 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 Payment: In case of delay in making any payments, 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 desire to cancel the booking an amount mentioned in the table hereunder written would be deducted and the balance amount due and payable 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 the booking is Amount to be No received, deducted 1 Within 15 days from issuance of the allotment Nil letter. 2 Within 16 to 30 days from issuance of the 1% of the cost of said allotment letter. unit. 3 Within 31 to 60 days from issuance of the 1.5% of the cost of said allotment letter. unit. 4 After 61 days from issuance of the allotment 2% of the cost of said letter. unit. 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 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 Payments: You shall rna.ke the payment of GST, stamp 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 for 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 until compliance by yourselves of the mandate as stated in Clause 12 12. Execution and registration of agreement to sale: A. 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. *In the event the booking amount is collected in stages and if 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 compiled, 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 table enumerated in Clause 9 whichever is less. In no event the amount 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. B. 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 issuance of this letter or within such period as may be communicated to you, l/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 this allotment letter and further I /we shall be entitled 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 the notice period. C. In the event the balance amount due and payable referred in Clause 12 B) 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 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 document. Signature Name: DILIP DEVICHAND CHAUDHARI Date: _______________ Place: ______________ Confirmation and 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 Name:_____________ Date:_______________ Annexure A Stage wise time schedule of completion of the project Sr. Stages Date of Completion No 1 Excavation 01/01/2024 2 Basement (if any) 0 3 Podium (if Any) 0 4 Plinth 01/10/2024 5 Stilt(if any) 6 Slabs of Super Structure 01/10/2024 7 Internal walls, Internal Plaster, Floorings, Doors and Windows within 31/12/2026 Flats/Premises 8 Sanitary Fittings within the said units 31/12/2026 9 Staircases, Lifts Wells and Lobbies at each Floor level, Overhead and 31/12/2026 Underground Water Tanks 10 External plumbing and external plaster, elevation, completion of 31/12/2026 terraces with waterproofing of the Building/Wing. 11 Installation of lifts, water pumps, Fire Fighting Fittings And Equipment 31/12/2026 as per CFO NOC, Electrical fittings, mechanical equipment, Compliance to conditions of environment/CRZ NOC, Finishing to entrance lobby/s, plinth protection, paving of areas appurtenant to Building / Wing, Compound Wall and all other requirements as maybe required to complete project as per specifications in agreement of Sale, any other activities 12 Internal roads & footpaths, lightings 31/12/2026 13 Water Supply 31/12/2026 14 Sewerage (chamber, lines, septic tank, STP) 31/12/2026 15 Strom water drains 31/12/2026 16 Treatment and disposal of sewage and sullage water. 31/12/2026 17 Solid waste management and disposal 31/12/2026 18 Water conservation / rain water harvesting 31/12/2026 19 Electrical meter room, substation, receiving station 31/12/2026 20 Others 31/12/2026