Ñããè 1 Date: ALLOTMENT LETTER To, MR./ MRS. _______________________ _______________________________ _______________________________ _______________________________ _______________________________ ________________________________ Sub. : Allotment of Flat No.____on _______floor in the building / Project known as “KOTHARI CHAMBERS” situated at Village Nashik, Tal.& Dist. Nashik Dear Sir/ Madam, The abovesaid allotment has been made on the premises of the your unconditional acceptance of the following terms and condition:- 1. The details of the Applicant and the alloted flat/unit. A. Name: 1.______________________ 2.______________________ B. Address: 1.______________________ 2.______________________ C. Pan 1.______________________ 2.______________________ D. Unit/Flat No.________________________ E. Area ________________________ F. Floor _______________________ G. Parking area_______________________ H. Wing No. ________________________ I. Project Name - KOTHARI CHAMBERS J. Village - Nashik K. S.No - 322/A/1/A L. Plot No. - 37+38 M. RERA Registration No. 2. We have agreed to allot the said Flat at or for the lump sum consideration of Rs. ______________/- (Rupees ______ ____ __ ___ __ __ Only)+ parking spaces in the said building/lay out for the consideration of Rs. ______________/- (Rupees ___________________Only). The total 2 aggregate consideration amount for the apartment/Flat including parking spaces is thus Rs.______/-. 3. Out of the Total Consideration we confirm having received a sum of Rs. _________/- ( Rupees____________________ Only) vide Cheque No._________ drawn upon ___________________________ Bank dtd.____________ towards allotment. 4. You have also agreed and confirmed that the above purchase price / consideration does not include the following charges:- a) Stamp Duty, Registration and other charges payable to the concerned authorities. b) Legal charges for documentation. c) Transfer fees. d) Water Resources Development charges. e) Any other taxes, cesses that shall be levied or become leviable by any Government authorities and also such other charges, escalations imposed by any Government Authorities. f) Proportionate share of Property taxes. g) Share money; entrance Fee of the Society or limited Company. h) Taxes (consisting of tax paid or payable by the Promoter by way of Value Added Tax, Service Tax,G.S.T. and Cess or any other similar taxes). i) The amount of single phase MSEDCL meter deposit & water connection charges, Building maintenance deposit, Proportionate amount for formation and registration of Association of Apartment owners and Other expenses . 5. We have given inspection to you of all the documents of title relat- ing to the project land and the plans, designs and specifications prepared by the Promoter’s ArchitectsSameer S. Madiyar as project Architects and S.D.Patel as Structural Consultant and of such other documents as are speci- fied under the Real Estate (Regulation and Development) Act 2016 and the Rules and Regulations made thereunder, and the copies of said plans, designs and specifications are also displayed at the place of Project which approved from the concern local authority the plans, elevations , sanction and details of the said building under commencement certificate No.LND/ BP/Panch/C-1/79/711, dtd.05/05/2017. And you have given your irrevocable and unconditional consent to carry out such, alterations, modi- fications in the sanctioned layout/building plans. 3 6. The total Consideration for the the flat including parking space is Rs.______________/-.You hereby confirms the following schedule of the payment accordingly in time. You have paid a sum of Rs __________ (Rupees __________ ____ ___ _______ only) (not exceeding 10% of the total consideration) as ad- vance payment or application fee by way of Cheque bearing Cheque No.______, dtd.________ drawn on ___________ ____ ____ ___ ___ _ and balance amount of Rs. ............................( Rupees......................................) in the following manner :- a. Amount of Rs.___________/-(Rupees-______________________ only) (not exceeding 30% of the total consideration) to be paid to the Pro- moter within 15 days after the execution of this Agreement b. Amount of Rs.___________/-(Rupees-______________________ (not exceeding 45% of the total consideration) to be paid to the Promoter within 15 days from the completion of the Plinth of the building. c. Amount of Rs.___________/-(Rupees-______________________ to be paid to the Promoter within 15 days from the completion of the first slabs of the building. d. Amount of Rs.___________/-(Rupees-______________________ to be paid to the Promoter within 15 days from the completion of the Sec- ond slabs of the building e. Amount of Rs.___________/-(Rupees-______________________ to be paid to the Promoter within 15 days from the completion of the Third slabs of the building. f. Amount of Rs.___________/-(Rupees-______________________ (not exceeding 70% of the total consideration)to be paid to the Promoter within 15 days from the completion of the Forth slabs of the building g. Amount of Rs.___________/-(Rupees-______________________ (not exceeding 75% of the total consideration) to be paid to the Pro- moter within 15 days from the completion of the internal plaster of the building. h. Amount of Rs.___________/-(Rupees-______________________ (not exceeding 80% of the total consideration)to be paid to the Promoter 4 within 15 days from the completion of the Sanitary fittings, staircases, liftwel, lobbies upto the floor level of the said Apartment. i. Amount of Rs.___________/-(Rupees-______________________ ( not exceeding 85% of the total consideration) to be paid to the Promoter within 15 days from the completion of the external plumbing and exter- nal plaster, of the building or wing in which the said Apartment is located. j. Amount of Rs.___________/-(Rupees-______________________ (not exceeding 95% of the total consideration) to be paid to the Promoter within in 15 days from the completion of the lifts, water pumps, electrical fittings,entrance lobby/s, paving of areas appertain and all other require- ments as may be prescribed in the Agreement of sale of the building or wing in which the said Apartment is located. k. Balance Amount of Rs.___________/-(Rupees-___________ ___ __ ______ against and at the time of handing over of the possession of the Apartment to the Allottee on or after receipt of occupancy certificate or completion certificate. 4. It is agreed that time for payment of the aforesaid installments is of essence. If payment of any of the above installments is delayed, then with- out prejudice to our right to revoke allotment of the said Plot in your favour, you shall be liable to pay us interest at ___% per annum,on all such delayed payments. 4. In the event of your failure to make the payment of any of the installments mentioned aforesaid within 15 days from the date of our intimation of such installments becoming due together with interest thereon @ % p.a.on expiry of 15 days, the said allotment shall automatically stand revoked/ cancelled without any reference to you. Upon revocation/ cancellation of the said allotment of Flat, you shall upon our revocation / cancellation of the allotment, not have any right, title, interest or claim on the said Flat and we shall be at liberty to allot, sell and dispose of the said Flat in favour of anyone else.And upon termination of this allotment , we will refund the amount paid till that date by you without interest and after deducting the 10% of the amount paid,towards damages, compensation and after deducting Service Tax, VAT,G.S.T. and / or any other amount due and payable by the Purchaser/s and / or paid by the Promoters in respect of the said Premises only after selling/disposing of the said flat to any other person/s or party. 5 5. You will not be entitled to transfer, assign, license, mortgage, charge, lien, encumber or create any right under the allotment letter, except with our prior written approval and payment of required consideration in respect of the said Flat. 6. We shall give possession of the Apartment to the you on or be- fore................. day of ..............20___. Provided that the extension of time for giving delivery of Apartment on the aforesaid date, if the completion of building in which the Apartment is to be situated is delayed on account of ,(i) war, civil commotion or act of God ,(ii)Any notice, order, rule, notifica- tion of the Government and/or other public or competent authority/ court,(iii) Any reasons beyond the Promoter's’ control,(iv)Any default by purchaser, vi)Delay in grant of any NOC/permissions/licenses/connections/ installation of any services such as lifts, electricity, water connections and meters to the Scheme FLAT, road NOC etc., or Occupancy (Completion) Certificate from appropriate authority. 7. The said allotment stands valid subject to the realization of the amount issued towards the allotment of the above mentioned Flat. Please sign and confirm this letter in token of acceptance of the terms and condition as stated herein above. Thank you and assuring you of our best service at all times Yours faithfully, I/we hereby have read, agreed and understood all above terms & condition 1. Mr. Nitin Dayalal Kothari __________ 2. Mr. Rajesh Muljibhai Patel, Promoter No.1 for himself and Developer and General Power of Attorney Holder of No.2. I/we hereby have read, agreed and understood all above terms &condition ______________ Allotee