l ANNEXURE'1.' MODEL FORM OF ALLOTMENT LETTER Nofc: i) l':or cttrrtplinnce of tlrc prouisions of clntrse (g,) of slrlt-sectit'ttr (2) of sactiotr 4 of ttrc Renl Estnte (l?.egilntion nnd Dauektpnrctrt) Act, 2016 (tlrc Act), tlrc ltrofrtrntn of tlrc nllotnrcnt letter to he uplonded along witlr tlrc npplit:ntion for registrntiLttr of tlrc renl astttte project slmll ha ns pcr tlis, trtodcl fonrr of nllottrrcnt letter, ii) It slnll bc ttmudntonl to isslrc nllottrrcut lettt'r in tlis ftrnnt tt,lrcneuer n srrrrr rrot rrrore thnn rnttre thnn 10% (TEN PL.RC-[]N7) of the cist of tlrc npnrtnrcnt, ltlot or huildittg ns tlrc cnse nmy be, is collected ns deltosit or ndunnce, No Date- To, Mr /Mrs./Ms. (Address) Telephone / Mobile Number Pan Card No Aadhar Card No-: Email lD: Sub- Your request for allotment of Flat/Shop in the project known as "Sai Residency Annex" having MahaRERA Registration Nb Sir/Madam, 1. ALLOTMENT OF THE SAID UNIT: This has reference to your request referred at the above subject. ln that regard, l/ we have the pleasure to inform that you have been allotted a Flat/Unit Premises bearing No .,. ... admeasuring RERA Carpet area . .. Sq. Mt. equivalent to ... . ,.. Sq. Ft. situated on ... . ... . Floor in Building Type A, B or C in the project known as, "Sai Residency Annex" having MahaRERA Number .. hereinafter referred to as "the said unit", being developed on land, bearing Plot No(s) l4lAGal No(s) 102, being at Village Naskshtrawadi Taluka Aurangabad District, admeasuring . ... Sq. Mt. for a total consideration of Rs. _in fiqures (Rupees in words only) exclusive of GST, Stamp Duty and Registration Charges, Any other Govt Chagres... 2. ALLOTMENT OF GARAGE / COVERED pARKtNG SpACE(S): Further I / We have the pleasure to inform you that you have been allotted atong with the said unit, garage(s) bearing No(s) admeasunng ....Sq. Mt. equivalent to .. Sq. Ft. / Covered Car parkrnE Space(s) at... ... level basement / podium bearing No(s) .... admeasuring . .,. ... ... sq. Mt. equivalent to .. sq. Ft. / stilt parking bearing No(s) admeasuring ....sq. Mt. equivalent to .. Sq. Ft. / mechanical car parking unit bearing No(s) admeasuring ........sq. Mt. 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. 3. RECEIPT OF PART CONSIDERATION: I / we confirm to have received from you an amount of Rs. in fioures_ (Rupees _ in words only) (fhrs 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 _dd/mmlyyyy_, through _mode of pavment OR 4. RECEIPT OF PART CONSIDERATION: You have requested us to consider payment of the booking amount / advance payment in stages which request has been accepted by us and accordingly l/ We confirm to have received from you and amount of Rs. in fioures_ (Rupees _ in words only) being % of the total consideration value of the said unit as booking amount / advance payment on _dd/mm/yyyy_, through _mode of pavment . The balance _ % of the bookinq amount / advance payment shall be paid by you in the following manner. Rs._- in figures_ (Rupees _ in words only) on or before _dd/m mlyyyy = ii) Rs. _in figures- (Rupees words only) on or before dd/mm/yyyy. ii i) Rs. _in figures- (Rupees words -in only) on or before _dd/mmlyyyy. iv) Rs _in figures_ (Rupees words -in only) on or before Note. The total amount accepted under this clause shall not be more than 10% of total cost of the said unit. --in-dd/mmlyyyy. B. lf you fail to make the balance % of the booking amount i advance payment within the time period stipulated above further action as stated in Clause 12 hereunderwritten shall be taken by us as against you. 5. DISCLOSURES OF INFORMATION: l/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 ://maha rera. mahaonline. gov. i n/# o. ENCUMBRANCES: l/ We hereby confirm that the said unit is free from all encumbrances and l/we hereby further confirm that no encumbrances shall be created on the said unit. OB 7 ENCUMBRANCES. l/We have created the following encumbrance(s) / encumbrance(s) attached with cave ats as enumerated hereunder on the said unit - a) b) c) 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. 9. POSSESSION: The said unit along with the garage(s)/covered car Parking spaces(s) shall be handed over to you on or before 3110312027 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. 10. INTEREST PAYMENT: ln case of delay in making any payments, you shall be liable to pay interest at the rate which shall be the State Bank of lndia highest Marginal Cost of Lending Rate Plus Two Percent. 11. CANCELLATION OF ALLOTMENT: i) ln 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 thc lctter requcsting to cancel the booking is Amount to be deductcd received, 1 Within 15 days flom issuance of the allotment letter NIt 2 Witlrin 16 to 30 clays from issuance of the allotment 1t'/o ofthe cost of the said uniU Witirin 31 to 60 clays from issuance of the allotment 1..5"/u of the cost of the said uniU After 61 days from issuance of the allotment letter. 2tt/o of the cost of the said uniU " The amount deducted shall not exceed the amount as mentioned in the table above. ii) ln 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 lndia highest Marginal Cost of Lending Rate Plus Two Percent. 12. 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. 13. 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 Part of ourselves and yourselves until compliance by yourselves of the mandate as stated in Clause '12. 14. EXECUTION AND REGTSTRATION 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. . ln the event of the booking amount is collected in stages and if the altottee faits to pay the subsequenf sfage installment, the promoter shall serye upon the altottee a notice calling upon the allottee to pay the subsequent sfage installment within 15 (Fifteen) days which ls ttot compli'ed, the promoter shalt be entitled to cancel the allotment letter. On cancellation of the altotment letter the promoter shall be entitled to forfeit the amount paid by the altottee or such amount as mentiotted in the Table enumerated in Clause I whichever is /ess. ln no event the amount to be forfeited shall exceecl the amount mentioned in the above referred table. Except for the above all the terms and conditions as enumerated in this alotment letter shalt be applicable even for cases where booking amount is collected rn sfages. ii) lf 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, l/we shall be entitled to serve up on you a notice calling upon you to execute the agreement for sale and appear for registration of the same within 15 (Fifteen) days, which is not complied, l/ we shall be entitled to cancel this allotment letter and furlher I /we shall be entitled to forfeit an amount not exceeding 2o/o 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) ln 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 lndia highest Marginal Cost of Lending Rate Plus Two Percent. 15. VALIDITY OF ALLOTMENT LETTER: , '. This allotypeqt letter:.shall.not be construed to limit your rights and interest upon execution and registrrtion 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. 16. HEADINGS: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. H/S. NATSH.qTRA ET{IERPUSE3 t -""'\ s,snature (ACU\A^ C) 6.rVIFl ,-- -/------ trr Name 1N a kshtra'E nterpri Ses. (Promoter(s)/ Authorized Signatory) (Email ld ) Date: Place: Aurangabad CONFII(MATION & ACKNOWLEDGEMI]NT l/We have read and understood the contents of this allotment letter and the Annexure. l/We hereby agree and accept the terms and conditions as stipulated in this allotment letter. tU S. il,USllllRl CIIERPRISES Signature- M/s. Nakshtra Enterprises. (Promoter(s)/ Authorized Signatory) Name- (Allottee/s) Date - Place - Aurangabad Annexure - A Stage wise time schedule of completion of the Project Sr. Stages Date of Completion 1 Excavation 2 Basement (if any) 3 Podrums (if any) 4 Ptinth 6 Slabs of Super Structure 7 Internar wars, internar praster, compretion of frooring doors and windows B Sanitary erectricar and water suppry fittings within the said units 9 Starrcase, rifts wers and robbies at each froor rever overhead & underground water tanks 1o Externar prumbing and externar praster, erevation, compretion of terraces with waterproofin g 11 tnstaltation of lifts, water pumps, firefighting fitting; anO equipment, erectricar fittings, mechanicar equipmlnt, finishing to entrance lobby/s, ptinth protection, paving of areas apfurtenant to building / wing compound wall and all other requirements as may be required.to comprete project as per specifications in the agreement of sale, other activities. . 12 internat 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 1B Water conservation / rain water harvesting '19 Electncal meter room, sub_station, receiving station 20 Others !'US. t Uttrltll tf,IEnpn$B n,.o, 6r"fr ffiil - i,P"6ryi $Ffi ",y