LETTER OF ALLOTMENT Date - To ........... ( hereinafter referred to as " Allottee ") Sub -Allotment of residential unit no. in the project known under the name Samarth Plaza situatd atVillage Pathardi Taluka Nashik Dist.Nashik . Reference - Booking form (Application ) No...... Details ofapplicant and Unit allotted are hereunder - Full name of Allottee (Applicant )- Full name ofAllottee ( Co-Applicant)(if any) Allotee's and jointAllottee's ( lf applicable) Residential address (Permanant ) E-mail lD for correspondece Unitno. Name of Building Samarth Plaza Floor no. Type of Unit CarpetArea Area of Balcony Spce/s (rf any ) Area ofAttached Terrace/s (if any ) Area ofGarden Spce/s (if any ) Common areas /s (if any ) Parking -3- it is our Pleasure to inform you that the unit booked by you via the aforementioned booking from and thus provisionally allotted to you is now being finalized subject to theterms and conditions as stated in these presentand as are appearing hereunder. Terms and Conditions '1. Upon issuance of this Letter of Allotment, the Allottee and / or joint Allottee shall be liable to pay the aforesaid Consideration Value and the society and other charges as specified in Annexure ,,B,, hereto together with the appljcable government taxes and levies as per the Schedule of payments specified inAnnexure "A" hereunder, time being the essence ofthis transaction as envisaged herein. 2. The Allotee and / or jointAllottees shall, in relation to the Unit, make all payments to the Developerfrom his / her/ its own bank account and not from and through the bank account of any third parties. lf in the event such third party bank accounts are used the Allottee and / orjoint allottee , he /she / it / they alone shall be responsible and hable in relation to the payments made by any third parties. Notwithstanding the aforesaid, the receipts forthe payments made in relation tothe Unit shall be issued in favour of theAllottee and / orjointAllotee only. 3. The allottee / or.ioint allottee agrees and undertakes to be bound by and perform all the obligations and the terms and condition contained in the Booking ( application) Form and this letter of allotbTent, including tjmelypaymentof amounb ststed hereunder. 4. ln the event the allottee and / or jointAllottee fails or neglects to comply with any of his obligation under the Booking (Application ) form/ Letter of Allotment , including ( But not limited to) Making paymentofalldue amountsas perSchedule of Payments stated in Annexure "A" hereto (and interest thereon if any the allottee , ) and / orjointAllottee shall be deemed ot be in default, in the event ofsuch default, the Developer shall issue notice to the Allottee and / or.jointAllottee of such default and the Allottee and / or jointAllottee shall be provided with a further period of 15 days from the date of such default (or such default is not capable of being cured), the Developershall reserve the option to cancelthe allotment ofthe unit, by sending a termination letter by seed post and / or emailcorrespondence. On such a termination the failing shall apply. a) The allotrnent / booking /Agreementto sellforthe unit (s) shallshnd immediately terminated and the allottee shall have no right whatsoeverwith respect to the unit (s), save and except the rightto recerve refund amount as per (b) below. b) All amounts paid to the Developers by the allottee towards Consideration Value or part thereof (excluding interest and taxes thereon ) after deducting therefrom the Liquidated Damages amounting 10 o/o ofthe Tohl Consideration (" Refund Amount" ) shal be refunded. The paymentof the refund Amount shall be subject to duduction thereon of tax at source and / or other applicable government levies and taxes be they direct or indirect in nature. For sake ofclarity, the interest and /or taxes paid on the consideration value shall not be refuded upon such Cancellation / termination. ln the event, the amounts paid by the allottee and / or joint allotee shall be liable and agrees to pay to the Developerthe deficit amount ofliquidated Damages. 5. All overdue payments shal attract interest at 2 o/o + prevailing SBI MCLR rate, from from the dates they are due and payble till realization. lt is clarified that paymentofsuch interestshall bewithout prejudice to the other righb and remidies available to the Developer, including the rightto cancel / terminate the allotment and / or claim losses / damages incurred or suffered in that regard as the case may be and in accordance with the laws said down in thrs regard. 6. The total price is escalation -free, save and except escalations due to increase on account of development charges payable to the competent authority and / or any other increase in charges which may be levied or imposed by the competentAuthority, Local Bodies / Government entitiels from time to time. 7. The developershall endeavorto make avaihble the unitforpossession (for fit outs ) of on or before 31 st l\/arch 2018 subject to the Allottee and / or joint allottee not being in breach of any of the terms of the Application from / Letter of allotmenv agreement to sell. ln the event of any force majeure stuations ( including but not limited to inordinate delay in ssuance of NOCS / connections / approvals licenses from the competent local authorities and / orjudicial or regulatory orders,)the date ofsuch possession for fit outs shall stand extended accordingly, complete clarity in this regard shall be rendered by the Developer to theAllotee and / orjolnt allottee. 8. The unit cannot be let , sublet , re-sold or transferred to any third party by the Allottee and / or jointAllottee till all amounts in relation to the unit have been received by the Developer and the allottee and or jiont allottee has taken possession ofthe unit. 9. TheAllottee and / orjointallottee agrees nottodooromittodoany act, deed or thing or behave inappropriately orcorrespond orcommunicate in manner that would in any manner affect or prejudice or defame the project / building or the Developer or its associates or its representatives without just cause and reason. ln the event, the allottee and /orjoint alottee does or omits to do any such act, deed or thing with malicious jntent then it shall constitute an event of default and the developer shall be entifled to proceed as per the provisions of thisAllotment Letter and the law applicable in this regard. 10. The allottee and / or jointAllottee hereby agrees that the Developer shall be entitled to recover / set off / adjust from the amounts if any , payble by the allottee and / or joint allottee to the Developer including the the consideration value, thesociety and othercharges, interestand /orliquidated damagaes provided the rationale behind the same is justifiable and reasonable. The allottee and / orjoint allottee agrees and undertakes not to raise any objection or make any claims, if any , of the Allottee and / or joint Allottee, in that regard , shall be deemed to have been waived. 11. This letter ofAllotment shall be governed and interpreted by and construed in accordance with the laws of lndia and the Courts of Nashik Diskict in particular Any Dispute shall be attempted to be primarily setfled by a sole arbitrator appointed by the Developer and allottee and / orjoint allottee jointly prior to approaching any court of law and / or ancillary forum and the said arbitration shall be in accordance with the provision of the arbitration and concilication Act, 1996 . I would like to take thts opportunity to thank you for the trust that you have reposed in us, and assureyou ofour bestservices at alltimes. Warm regards, For ( Authorities Sgnatory ) AnnexureA PavmentSchedule rcentaqe Amount (in RS Atthetime of booking lmmediately upon and before executi and registration ofAgreement to sell One month after registration ofAgreement At the time of Possession Annexure B SOCIETYAND OTHER CHARGES particularc Amount (in RS I Towords MSEDCLCharges 48,000/, Lift Maintenance