ANNEXURE ‘1’ MODEL FORM OF ALLOTMENT LETTER Note: - i) For compliance of the provisions 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 for 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 the apartment, plot or building as the case may be, is collected as deposit or advance. No. Date: To, Mr/Mrs./Ms. .......................... Rio.............................................. (Address) Telephone/Mobile number............. Pan Card No.: Aadhar Card No.: Email ID: Sub: Your request for allotment of flat / commercial premises / plot in the project known as_____ 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/ Block _ _ _ _ _ / Wing____ in the project known as____ having MahaRERA Registration No.______hereinafter referred to as "the said unit", being developed on land Field Survey No.30/1/B, Plot No.10 & 11 Mauje – Saturna, Pragane –Badnera, Tq Amravati situated within the Municipal Limits of Amravati admeasuring 571 sq. mtrs. for a total consideration of Rs. _ _ _ _ _ _ _ _ _ _ _ (Rupees __________________________ only) exclusive of GST, stamp duty 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 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 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)_____/Hissa No(S)_____/Gat No(S)_____/Khasra No(S)_____/Plot No(S)_____ lying and being at___ village____Taluka____,Dist.____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 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 the pleasure to inform you that you have been allotted an open car parking bearing No. without consideration. 3. Receipt of Part Consideration I / we confirm to have received from you an amount of Rs.___ (Rupees. i n w o r d s 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_______ through_ _ _ _ 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 and amount of Rs. In figures (Rupees. i n w o r d s only) being % of the total consideration value of the said unit as booking amount / advance payment on through, The balance____% of the booking amount / advance payment shall be paid by you in the following manner. a) Rs. in figures (Rupees. i n w o r d s only) on or before____. b) Rs. in figures (Rupees. in words only) on or before _____. c) Rs. in fi gures (Rupees. i n w o r d s only) on or before ddlmm/vvyy d) R s . i n f i g u r e s (Rupees. i n wo rds only) onor before 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 takenby us as against you. 4. Disclosures of information: I/ We have made available to you the following information namely: - i) 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. ii) The stage wise time schedule of completion of the project, including the provisions for 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 encumbrances shall be created on the said unit. OR 5. Encumbrances: 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 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 specific all y 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 car parking spaces(s) shall be handed over to you on or before s ubject to the payment of the consideration amount of the said unit as well as of the garage(s) /covered car parking space(s) 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: 1. 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 Amount to be No. cancel the deducted 1. within 15 days from Nil; issuance of the 2. within 16 to 30 days from 1% of the issuance of the allotment cost of the 3. within 31 to 60 days from 1.5% of the issuance of the allotment cost 4. after 61 days from 2% of the issuance of the allotment cost of the The amount deducted not exceed the amount asmentioned 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 cancel the said booking, you shall be entitled to receive the balance amount with interest calculated at the rate which shall be theState Bank of India highest Marginal Cost of Lending Rate plus two percent. 10. Other payments: You shall make 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 ii 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 the ag r e ement 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 onour mutual understanding. In the event the booking amount is collected in stages and the allottee pus to pay the subsequent stage installment, the pronzater 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 111710W it 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 anti 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 issuance 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 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. iii) In the event the balance amount due and payable referred in Clause 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 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. 14. Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. Signature Name (Promoter/Authorised Signatory) 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_______ Name________ (Allottee/s) Date: Place: Annexure – A Stage wise time schedule of completion of the project Sr. Stages Date of Completion No. 1 Excavation - 2 Basements (if any) - 3 Podiums (if any) - 4 Plinth - 5 Stilt (if any) - 6 Slabs of super structure - 7 Internal walls, Internal Plaster, completion of - Floorings, Doors and Windows 8 Sanitary electrical and water supply fittings - within the said units 9 Staircase, lifts wells and lobbies at each floor - level overhead and underground water tanks 10 External plumbing and external plaster - elevation, completion of terraces with waterproofing 11 Installation of lifts, water pumps, firefighting - fittings and 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 - 13 Water supply - 14 Sewerage (chamber, lines, septic tank, STP) - 15 Storm water drains - 16 Treatment and disposal of sewage and sullage - Water 17 Solid waste management & disposal - 18 Water conservation / rain water harvesting 19 Electrical meter room, sub-station, receiving - station. 20 Others - Promoter (s) /Authorized Signatory