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 / Shop in the project known as ’Navkar tower’ having MahaRERA 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 Unit No. _____ of carpet area admeasuring ______ Sq. meters on _____ floor in the building known as ‘Navkar Tower’ having MahaRERA Registration No.__ hereinafter referred to as “the said unit”, being developed on land bearing All That Piece and Parcel of All part and parcel of Plot No. 3, part of Gut No.50/1,located at Garkheda, Aurangabad for a total consideration of Rs._______________ in figures (Rupees. in words only) exclusive of GST, stamp duty and registration charges, Maintenance, Parking ( If Any), and any other Govt. charges as and when applied. 2. Allotment of parking space(s): Further I/ we have the pleasure to inform you that you have been allotted along with the said unit, Covered Car Parking bearing No.___________ located on _______________ Floor in the said building on the terms and conditions as shall be enumerated in the agreement for sale to be entered into between ourselves and yourselves. OR 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. figures (Rupees. in words only), being___ % of the total consideration value of the said unit as booking amount /advance payment on ____________, through mode of payment. 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 garage(s)/covered car parking spaces(s) shall be handed over to you on or before 31/12/2024 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 decided in the agreement for sale to be entered into between ourselves and yourselves. 9. Cancellation of allotment: In case you desire to cancel the booking, then the allottee/s herein shall issue a prior written notice to the Promoter offering to Terminate this transaction and on such receipt of notice the Promoter herein shall be at liberty to accept or reject the said offer of termination and in case the promoter accepts the offer to Terminate then he shall be entitled to deal with the said apartment with prospective buyers and shall refund the amount paid to the Promoter with the following deductions: In case the Promoter accepts the offer to Terminate, after the receipt of such notice of offer to terminate this agreement, the Promoter shall issue a 15 days’ notice in writting communicating his acceptance of offer to terminate and calling upon the allottee to execute and register Deed of Cancellation. Only upon the execution and registration of Deed of Cancellation the Purchaser/s shall be entitled to receive the refund of consideration. Provided Further that once the Agreement to sale is entered into termination shall be governed by the terms and Conditions therein. Sr. If the letter requesting to cancel the Amount to be No. booking is received deducted 1 within 15 Days from the date of Nil issuance of this letter 2 within 16 to 30 Days from the date 1 % of the cost of of issuance of this letter the said unit 3 within 31 to 60 Days from the date 1.5 % of the cost of issuance of this letter of the said unit 4 After 61 Days from the date of 2 % of the cost of issuance of this letter the said unit 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 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. 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 or our rights and interest upon execution and registration of the agreement for sale between ourselves and yourselves. Only the terms and conditions stated in the agreement to sale shall be binding between yourself and ourselves once the same is executed.Once the agreement to sale is executed thereafter, terms and conditions of the said document shall only be binding. 14. 14.Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. M/s Navkar Infra Through Mrs. Reshma Santosh Mandlecha Mrs. Bhakti Roshan Modi 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. PURCHASER/ALLOTTEE _________________________