ANNEXURE-1 ALLOTMENT LETTER Date: 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/residential apartment in the project known as THE VELVET having MAHA RERA 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/residential apartment bearing No.________ admeasuring RERA Carpet area________ Sq. Mtrs equivalent to _____ Sq. Ft. situated on ________ floor in Building known as The Velvet having MahaRERA Registration No.________________ hereinafter referred to as “the said unit”, being developed on piece and parcel of land containing by admeasurements about 1765.1578 Sq. Mts., i.e. about 19000 Sq. Ft., being a portion of entire land bearing Khasra/Survey No. 62/1, 62/7 and 62/10 forming a part of layout carved by Shri Ram Krishna Co-Operative Housing Society Limited, Nagpur, within the limits of Ward No. 15 of MOUZA:- SOMALWADA, Tahsil & District:- Nagpur. The NMC House No. in respect of the said entire property is 3462/RKH. The Sheet No. in respect of the said property is 679/18. The C.T.S No. in respect of the said property is 504, situated within the limits of Nagpur Municipal Corporation and the Nagpur Improvement Trust, Nagpur, for a total consideration of Rs. _______________in figures (Rupees _________________ in words only) exclusive of GST, stamp duty and registration charges. --2-- 2. Allotment of Stilt/Covered Car Parking space(s) As Per MahaRERA Order No. 54/2024 dated 29/04/2024 : Further I/ we have the pleasure to inform you that you have been allotted along with the said unit, stilt/covered car parking space(s) at Ground Floor level bearing No(s)_______ admeasuring ______ Sq. Ft., i.e. _______ Sq. Mts./stilt parking bearing No(s) _____ admeasuring _____ sq. mtrs equivalent to ______ sq. ft. of the size ________ Ft. of length, _____ Ft. of breadth and ________ Ft. of vertical clearance. Specifications and Allocation of Parking Space/s:- CAR PARKING NUMBER :- __________ TYPE OF CAR PARKING:- Stilt/Covered Car Parking on Ground Floor Only. SIZE OF CAR PARKING:- The aforesaid Car Parking will have ________ Ft. of length, _____ Ft. of breadth and _________ Ft. of Vertical clearance. The said Car Parking Space will be provided to the allottee without any consideration. The details of the Car Parking Space are also mentioned in the Annexure-B herein under. 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 ___/___/2024, through __________________________. The above payment received by me/us have been deposited in RERA Designated Collection Bank Account, ____________________ Bank ________ Branch, having IFC Code ________ situated at _________ Nagpur. In addition to the above Bank Account I/We have opened in the same Bank, RERA Designated Separate Bank Account and RERA Designated Transection Bank Account having Account No. _________________ and ________________ respectively. 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 ___/_____/2024, through ________________. 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. --3-- 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. 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 along with the covered car parking spaces(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 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: 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. --4-- Sr. No. If the letter requesting to cancel the Amount to be deducted booking is received, 1. within 15 days from issuance of the Nil; allotment letter; 2. within 16 to 30 days from issuance of the 1% of the cost of the said allotment letter; unit; 3. within 31 to 60 days from issuance of the 1.5% of the cost of the said allotment letter; unit; 4. after 61 days from issuance of the 2% of the cost of the said allotment letter. 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 format 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 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 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 he 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. ln 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. --5-- 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(s)/ Authorized Signatory) (Email Id.) 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 :- Nagpur Annexure – A Stage wise time schedule of completion of the Project Sr. Stages Date of No. Completion 1. Excavations 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 other requirements as maybe required to complete Project as per specifications in Agreement of sale, any other activities. 12. Internal Road & Footpaths, Lighting 13. Water Supply 14. Sewerage (chamber, lines, septic tank, STP) 15. Storm water drains 16. Treatment and disposal of sewerage and sullage water 17. Solid waste management and disposal 18. Water conservation/ rain water harvesting 19. Electrical meter room, sub-station, receiving station 20. Others _______________ PROMOTER/AUTHORISED SIGNATORY Annexure – B Allotment Of Car Parking I have the pleasure to inform you that you have been allotted Car Parking bearing No. _____ having __________ Ft. length, having _______ Ft., breadth and having ______ Ft. vertical clearance on the Ground Floor of the building being constructed in the name and style The Velvet. The details regarding Parking Space are as under:- CAR PARKING NUMBER :- __________ TYPE OF CAR PARKING:- Stilt/Covered Car Parking on Ground Floor Only. SIZE OF CAR PARKING:- The aforesaid Car Parking will have _______ Ft. of length, ________ Ft. of breadth and _________ Ft. of Vertical clearance. The said Car Parking Space will be provided to the allottee without any consideration. _____________ PROMOTER/AUTHORISED SIGNATORY