LETTER OF ALLOTMENT No. ______________ Date:- ____________ To, Mrs./Shri. ____________________, 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 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, l/ we have the pleasure to inform that you have been allotted an Plot bearing No. _________ containing by admeasurement _________ Sq. Mtrs. equivalent to ________Sq. Ft. in the project known as and styled as “___________________”, having MahaRERA Registration No. _________________ hereinafter referred to as "the said unit", being developed on ALL THAT Piece and Parcel of land containing by admeasurement 10000.00 Sq. Mtrs. being a portion of the entire land bearing Kh. No. 77/2/2 of Mouza – LAVHA, situate at Village – Lava in Tahsil – Nagpur (Rural) and District – NAGPUR for a total consideration of Rs. _____________________/- (Rupees __________________________Only) exclusive of GST, if any, Stamp Duty and Registration Charges. 2. Allotment of parking space(s): - Allotment of garage / covered parking space: Not Applicable Further I/We have the pleasure to inform you that you have been allotted alongwith the said unit, garage/covered car parking space at ______ level (basement / podium / stilt / mechanical car parking unit bearing No. ______ admeasuring ____ Sq. Ft. Having ______ Ft. Length X _____ Ft. Breadth X _____ Ft. Vertical clearance on the terms and conditions as shall be Page | 1 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. _____ 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 that 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 above payment received by me/us have been deposited in RERA Designated Collection Bank Account 50200106731473,HDFC BANK LIMITED having IFS Code HDFC0005927 situated at Ground Floor, Shop No. Ug-5, Ug-6, Ug-7 & Ug-8, Jagat Towers, 4d, Tilak Nagar, Amravati Road, Nagpur – 440010. In addition to the above bank account, I/wehave opened in the same bank, RERA Designated Separate Bank Account and RERA Designated Transaction Bank Account having Account No. 50200106731638 and 50200106713946 respectively. 4. Disclosures of information: I/We have made available to you the following information namely : (i) The sanctioned plans, layout plans, alongwith specifications, approved by the competent authority are displayed at the project site and has also been uploaded on MahaRERA website. (ii) The state 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 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. Page | 2 7. Possession: The said unit alongwith the 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 parking space(s) in the manner and at the times as well as per the terms and condition 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 Amount to be No. booking is received, deducted 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 allotment letter; the said unit; 3. Within 31 to 60 days from issuance of the 1.5% of the cost of allotment letter; the said unit; 4. After 61 days from issuance of the allotment 2% of the cost of letter. 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 Goods and Services Tax, if any, 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: Page | 3 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 herein. 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. 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 : Heading 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 …………………………………. Page | 4 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: ………………. Page | 5 Annexure – A Stage wise time schedule of completion of the project Sr. States Date of No. Completion 1. Excavation N.A. 2. Basements (if any) N.A. 3. Podiums (if any) N.A. 4. Plinth N.A. 5. Stilt (if any) N.A. 6. Slabs of super structure N.A. 7. Internal walls, internal plaster, completion of floorings, N.A. doors and windows. 8. Sanitary electrical and water supply fittings within the said N.A. units. 9. Staircase, lifts wells and lobbies at each floor level N.A. overhead and underground water tanks. 10. External plumbing and external plaster, elevation, N.A. completion of terraces with waterproofing. 11. Installation of lifts, water pumps, firefighting fittings and N.A. 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 N.A. Promoter (s) /Authorised Signatory Page | 6