Allotment Letter



Date: _________________
To,
Mr. ________________________,
Mrs. _______________________,
____________________________,
____________________________,


Sub: Allotment of Flat No. _______ in Wing “_____” on the ________
Floor of Residential Project known as “Bhagya Garden City Phase-II”
situated at Gut No.302/Part Paithan, Aurangabad. MS 431107.
Dear Sir / Madam,
1. We are developing a Residential Project “Bhagya Garden City Phase-II”
under sanction of PMAY Scheme AHP – PPP , duly registered under the
provisions of the Real Estate (Regulation and Development) Act, 2016
with the Maharashtra Real Estate Regulatory Authority at Mumbai bearing
registration no __________.
2. We hereby agree to allot you on ownership basis Flat No. .............. in
Wing/Type “_____” on the ________ Floor in the project named “Bhagya
Garden City Phase-II” having RERA carpet area admeasuring _______
Square Meters with exclusive balcony area admeasuring ________
Square Meters (hereinafter referred to as the said “Flat”) for the
consideration         of        Rs.         .................../-   (Rupees
____________________only) in the said building on the terms and
conditions as contained in the Agreement to sale.
3. You have paid us, interest free amount of Rs. _____________ /-
(Rupees ______________________________________________ only)




Note : This Draft of Allotment Letter, Changes in allotment as per mutual
understanding between both parties.
(not less than 5% of the total consideration) as application fee and you
shall pay to us the balance amount of Rs. ____________ /- (Rupees
______________________________ only) as per the Payment Schedule
recorded in “Agreement for Sale”.


4. On receipt of 10% of the total consideration we have to compulsorily
execute and register “Agreement for Sale” immediately. Kindly also note
that if 10% of the total consideration is not received within 15 days, then
5% of the Agreement Value is mutually agreed to be liquidated damages
will be deducted from payment made by you and balance amount, if any
will be refunded to you without any interest.


5. You hereby agree and undertake to be bound by and perform all the
obligations and the terms and conditions contained in the proforma
Agreement for sale, including timely payment of amounts stated
thereunder.


6. You are requested to sign in confirmation of accepting the terms as
mentioned in proforma “Agreement for Sale” by subscribing your
signature on this letter and copy of this letter.


Yours sincerely,
For Bhagya Construction
Partner _____________________
____________________
Allottee
Name
Address
Mobile
Email



Note : This Draft of Allotment Letter, Changes in allotment as per mutual
understanding between both parties.