ANNEXURE '1’ MODEL FORM OF ALLOTMENT LETTER Note: i) forcomplianceoftheprovisionsofclause(g)ofsub-section(2)ofsection 4 of the RealEstate (Regulationand DevelopmentAct, 2016 (the Act ), the proformaof the allotment letter to be uploadedalong withthe applicationforregistrationoftherealestateprojectshall beasperthis model form of allotment letter. ii) It shall be mandatory to issue allotment letter in this format wheneverasumnotmorethan10%(tenpercent) ofthecostoftheapartment,plotor building as the case maybe, is collectedas depositor advance. No.: Date: _________ To, Mr. /Mrs./Ms.: _______________________ ‘R/o. _______________________ (Address) Telephone/Mobile number: ________________________ Pan Card No.: Aadhar Card: Mo.: EmailID: Subject:Your request for allotment of flat / commercial premises/ plot in the project known as “SHUBHLAXMI NAGRI” having MahaRERA RegistrationNo.: __________________________. Sir/Madam, 1. Allotment of the said unit: Page 1 of 11 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 _____ Plot bearing no. _________, admeasuringRERA area ___________ sq. mtrs.equivalentto ____________sq. ft. situated__ ____ __ floor in Building / Tower / Block / Wing ___________ in the project knownas “SHUBHLAXMI NAGRI” having MahaRERA Registration No. ______________, hereinafter referred to as “the said unit”, being developed on land bearing Kh. No. 113/4B, P.H. No. 46, Mouza – Isasani, Tah. – Hingna, Distt. - Nagpur, total plotable area 6824.00 sq. mtrs. For a total consideration of Rs. ____________ (Rupees ____________________Only) exclusive of GST, stamp duty and registration charges. OR 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 _____ Plot bearing no. _________, admeasuring RERA area ___________ sq. mtrs. Equivalent to ____________sq. ft. situated__ ____ __ floor in Building / Tower / Block / Wing ___________ in the project known as “SHUBHLAXMI NAGRI” having MahaRERA Registration No. ______________, hereinafter referred to as “the said unit”, being developed on land bearing Kh. No. 113/4B, P.H. No. 46, Mouza – Isasani, Tah. – Hingna, Distt. - Nagpur, total plotable area 6824.00 sq. mtrs. For a total consideration of Rs. ____________ (Rupees ____________________Only) exclusive of GST, stamp duty and registration charges. Allotment of garage / covered parkingspace(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 Page 2 of 11 ________ 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 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. 2. Receipt of partconsideration: 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 dated __________, through _______________ (mode of payment). OR Receipt of partconsideration: A. You have requested us to consider payment of the booking amount / advance payment in stages which request have been accepted by us and Page 3 of 11 accordingly I / We confirm to have received from you and amount of Rs. _________________/- (Rupees __________________ Only) being ____% of the total consideration value of the said unit as booking amount / advance payment on dated __________, though ____________(mode of payment). The balance ___% of the booking amount / advance payment shall be paid by you in the following manner: a) Rs. ___________/- (Rupees ____________________ Only) on or before _______________ dated. b) Rs. ___________/- (Rupees ____________________ Only) on or before _______________ dated. c) Rs. ___________/- (Rupees ____________________ Only) on or before _______________ dated. d) Rs. ___________/- (Rupees ____________________ Only) on or before _______________ dated. 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 period stipulated above further action as stated in Clause 12 hereunder written shall be taken by us as against you. 3. Disclosure 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 projectsiteandhavealsobeenuploadedonMahaRERAwebsite. ii. The stage wise time schedule of completion of the project, including the provisions for civic infrastructurelike water, sanitation and electricity is as stated in Annexure - A attached herewithand Page 4 of 11 iii. The website address of MahaRERAis https://maharera.mahaonline.gov.in 4. Encumbrances: I / We hereby confirm that the said unit is free from all encumbrancesand I/we hereby further confirm that no encumbrances shall be created on the said unit. OR I/We have created the following encumbrance(s) / encumbrance(s) attached with caveats as enumerated hereunder on the said unit. a) b) 5. Furtherpayments: Further payments towards the consideration of the said unit aswell as of the garage(s)/covered car parking space(s) shall be madebyyou, 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. 6. Possession: Thesaidunitalongwiththegarage(s)/coveredcarparkingspaces(s) shall be handed over to you on orbefore ________ subject to the paymentoftheconsiderationamountofthesaidunitaswellasofthe garage(s)/coveredcarparkingspace(s) inthemannerandatthetimes as well as per the terms and conditions as more specifically enumerated / stated in the agreement for sale to be entered into between ourselves andyourselves Page 5 of 11 7. InterestPayment: In case of delay in making any payments, you shall be liable to payinterest at the rate which shall be the State Bank of India highest Marginal Cost of Lending Rate plus two percent. 8. Cancellation ofallotment: a. 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 saidbooking. Sr. If the letter requesting to cancel the Amount to be No. booking is received Deducted 1. within 15 days from issuanceof the Nil allotment letter; 2. within 16 to 30 daysfromissuance of 1%of the cost of the allotmentletter; the said unit; 3. within 31 to 60 daysfromissuance of 1.5% of the cost the allotmentletter; of the said unit; 4. after61 days from issuance ofthe 2% of the cost of allotment letter. thesaid unit. * The amount deducted shall not exceed the amount as mentioned in the tableabove. b. In the event the amount due and payable referred in Clause9 (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 Page 6 of 11 twopercent. 9. Otherpavement: You shall make the payment of GST, stamp dug and registration charges, as applicable and such other payments as more specifically mentioned in the agreement for sale, the proformawhereof is enclosed herewith in terms of Clause 11 hereunder written. 10. Proformaof the agreement for sale and bindingeffect: The proformaof the agreement for sale to be entered into between ourselves and yourselves is enclosed herewith for your ready reference. Forwarding the proformaof the agreement for sale does not create a binning obligation on the part of ourselves and yourselves untilcompliancebyyourselvesofthemandateasstatedinClause12. 11. Execution and registration of the agreement forsale: i) You shall execute the agreement for sale and appear for registrationofthesamebeforetheconcernedSub-Registrarwithin 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 mutualunderstanding. * In the event the booking amount is collected in stages and if the allottees fail to pay the subsequent stage installment, the promoter shall serve upon the allottees a notice calling upon the allottees to pay the subsequent stage installment within 15 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 the forfeited shall exceed the Page 7 of 11 amount mentioned in the above referred table. Except for 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 forregistration of the same before the concerned Sub-Registrar within the stipulated period 2 months fromthe 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 allotmentletterand 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 toreceive the balance amount with interest calculated at the rate which shall betheStateBankofIndiahighestMarginalCostofLendingRate plus twopercent. 12. Validity of allotmentletter: 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 Page 8 of 11 thereaftershall be covered by the terms and conditions of the said registereddocument. 13. Headings: Headings are inserted for convenience only and shallnot affect theConstructionof the various Clauses of this allotment letter. Signature: _____________________ Name: __________________________ (Promoter(s)/ Authorized Signatory) (Email Id.) Date:_________ Place: ___________ CONFIRMATION AND ACKNOWLEDGEMENT I / We have read and understoodthe contents of this allotment letter andthe Annexure. I/We herebyagree andaccept the terms andconditionasstipulatedin this allotmentletter. (A1lottee/s) Date : Place :_____________ Page 9 of 11 ANNEXURE A Stage wise time schedule of completion of the project: Sr. Stages Date of Completion No. 1 Excavation 2 Basement (if any) 3 Podiums (if any) 4 Plinth 5 Stilt (if any) 6 Slabs of super structure 7 Internal wall, internal plaster, completion of flooring, doors and windows. 8 Sanitary electrical and water supply fittings with 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 fitting and equipments, electrical fitting , mechanical equipments, finishing to entrance, lobby/s plinth protection, paving of areas, appurtenant to building/wings, compound wall and all other requirements as may be required to complete project as per specification in agreement of sale, any other activities. 12 Internal roads and footpaths, lighting 13 Water Supply Page 10 of 11 14 Sewerage (chamber, lines, septic tanks,STP) 15 Storm water drains 16 Treatment and disposal of sewage and sullage water 17 Solid waste management and disposal 18 Water conservation/ rain water harvesting 19 Electrical meter room, substation, receiving station 20 Others Promoter (s) / Authorized For and on behalf of M/s. Shubhlaxmi Developers Authorized Signatory Page 11 of 11