Allotment Letter Format No. Date: _________________ To, Mr./Mrs./Ms. ___________________, R/o___________________________, Tel./Mob. No. ___________________, PAN Card No. ___________________, Aadhar Card No. _________________, Email ID : _______________________, Sub: Your request for Allotment of Row House/ Flat No. _______ in Block Lane Type “_____”of Residential Project known as “HAPPY HOMES” situated at Gut No. 268 (Part), Mitmita, Aurangabad. MS 431001 having MahaRERA Registration No. _______________. Dear Sir / Madam, We are developing a Residential Project “HAPPY HOMES” 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. __________________. 1. Allotment of the said unit This has reference to your request referred at the above subject. In that regard, we have the pleasure to inform that you have been allotted a Row House No. .............. admeasuring RERA carpet area _______ Square Meters equivalent to ______ Sq. Fts. in Block Lane Type “_____”in the project named “Happy Homes” with exclusive balcony area admeasuring ________ Square Meters having MahaRERA Registration No. _____________________ (hereinafter referred to as the said “Row House/Flat”) being developed on Gut No. 268 (Part), Mitmita, Aurangabad for the consideration of Rs. ……....................../- (Rupees ____________________only) in the said building exclusive of GST, Stamp Duty and Registration Charges. 2. Allotment of Parking Space : As per Building Plan 3. Receipt of Part Consideration: We confirm to have received from you an amount of Rs. ___________/- (Rupees ________________________________________) being _____% of the total consideration value of the said unit as booking amount/advance payment on ___/___/20___ through ________________________ 4. Disclosures of Information 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 of 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 We hereby confirm that the said unit is free from all encumbrances and we hereby confirm that no encumbrances shall be created on the said unit. 6. Further Payments Further payments towards the consideration of the said unit 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 shall be handed over to you on or before __________ subject to the payment of consideration amount of the said unit 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 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. No. If the letter requesting to cancel the booking is Amount to be deducted received 1. Within 15 days from issuance of allotment letter Nil 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 allotment 2% of the cost of the said letter. unit. Note: 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 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 Agreement for Sale. 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 with our mutual understanding. 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, 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, we shall be entitled to cancel this allotment letter and further 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. Yours sincerely, For Divine Builders and Developers Date: ___/___/20___ Sd/- Place: Aurangabad Gayatri Ashok Muley (Proprietor) Email ID : _________________________ CONFIRMATION & ACKNOWLEDGEMENT I have read and understood the contents of this allotment letter and the Annexure. I hereby agree and accept the terms and conditions as stipulated in this allotment letter Sd/- Date: ___/___/20___ Place: Aurangabad (Name of the Allottee) Address : Mobile : Email : Annexure – A Stage wise time schedule of completion of the Project Sr. No. Stages Date of Completion 1. Excavation 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 all other requirements as may be required to complete project as per specifications in agreement to sale, any other activities 12. Internal roads and 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 and disposal 18. Water conservation/ rain water harvesting 19. Electrical meter room, sub station, receiving station 20. Others For Divine Builders and Developers Sd/- Gayatri Ashok Muley (Promoter)