ANNEXURE '1' MODEL FORM OF ALLOTMENT LETTER To, Mr/Mrs./Ms R/o................................................................................(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 “Bank Colony” Cts/Sur/Kh. No. 16/2 P.H.No. 69 Mouza: Khadki Tah: Hingna Dist: Nagpur- 441110 having MahaRERA Registration No (Applied For) Sir/Madam, 1. Allotment of the said unit: This has reference to your request referred at the above subject. In that regard/ 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………………having MahaRERA Registration No (Applied For) hereinafter referred to as "the said unit", being developed on land bearing C. S. No(s)…/ClS No(s)……Final Plot No(s)………Survey No(s)….Hissa No(s)….Gat No(s)…Plot No(s)…I/ Kh. No.(s)…….living and being at………Village Tah:…….Dist:…….admeasuring…….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………sp.mtrs. equivalent to………sq.ft. in the project known as “Bank Colony” having MahaRERA Registration No (Applied For) 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)…/Kh. No.(s) 16/2 P.H. No 69 admeasuring….sq.ft. Plot No(s)……lying and being at Village: Khadki Tah: Hingna Dist. Nagpur-441110 admeasuring 9277.35 sp.mtrs. for 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 beading No(s)……admeasuring……sq. mtrs. equivalent to……sq.ft./stilt parking bearing No(s)……admeasuring……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…………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………../……/……….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…….(Rupees……in words 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…………………….(Rupees……………………in words only) on or before………/……/…….. b) Rs…………………….(Rupees……………………in words only) on or before………/……/…….. c) Rs…………………….(Rupees……………………in words only) on or before………/……/…….. d) Rs…….(Rupees……in words only) on or before………/……/…….. Note: The total amount accepted under this clause shall not be more than 10% of the cast of the sold 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 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.tov.inl 5. Encumbrance: l/ We hereby conform 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. Encumbrance: 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 Payment: 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 3 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 along with the garage(s)/covered car Parking Paces(s) shall be handed over to you 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) 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 The amount deducted No received 1 within 15 days from issuance of the allotment letter Nil. 2 within 16 to 30 days from issuance of the allotment letter 1% of the cost of the said unit 3 within 31 to 60 days from issuance of the allotment 1.5% of the cost of the said letter; unit 4 after 61 days from issuance of the allotment letter. 2% of the cost of the 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 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 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 where of is enclosed herewith in terms of Clause 11 hereunder written 11. Proforma of the agreement for sale and bindings 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 Pad of ourselves and yourselves until compliance by yourselves of the mandate as stated in Clause 126. 12. Exccution and registration of the 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 witltin such periocl as may be communicated to you. The said period of 2 months can be further c.xtended on our mulual understanding. ii) lf-you f'ail lo exL'cute the agreement for sale and appear.for registration of the same before the concerned SLrb-ltegislrar within the stipulated period 2 months from the date of issuance of this lctler or within such period as may be communicated [o you, l/we shall be entitled to serve upon you a nottcc calling upon you to execute the agreement for sale and appear for registration of the same wtlhin 15 flrif,lcenJ days, which if not complied, I/we shall be entitled to cancel this allotnre nl le tter' l'urther I /we shall be entitled to forfeit an amount not exceeding2o/o ol'the cost o1' tlte said urrit and the balance amount if any due and payable shall be refunded without intcrcst within 4.5 days from the date of expiry of the notice period, iiiJ In thc evcnl lhc balance amount due and payable referred in Clause 12 ii) above is not rcfunded within 45 days from the date of expiry of the notice period, you shall be entitled to rccc'ivc thc balancc amount with intercst calculated at the rate which shall be the State Bank of Inclia highest Marginal Cost of t,cnding Rate plus two percent. 1 3. Validity of allotmcnt letter: This allotmcnt letter shall not be construed to limit your rights and interest upon execution and rcgistration of thc agrcement for sale between ourselves and yourselves. Cancellation of allotmcnl of tlrc said unit thereafte r shall be covered by the terms and conditions of the said rt:gislereci doc-urrrcnt. i 14.. tleadings: Ilcadings at'e inserted for convenience only and shall not affect the copstruction of the various (llauses ol'lh is allot.rncnt letter. Promotcr Name: Shri. Ramesh Pandurang Bagde Address: PIot No ll House No 1261/A/3K2"a Floor Wardha Road Ramkrishna Nagar Nagpur-44.0015 Pro nroter(s) / Authorizcd Signatol'y Erna i I id : rad hil