RE ADY R E CK NO R C H AR T N o. : 1. 3.5 GO VT. VAL UA TI ON : Rs . /- CO NS ID E RAT I ON : Rs . /- S TA MP D UTY : Rs . /- RE G. FE ES : Rs . /- GO VT. RA TE : Rs . 33 ,0 00/ - p er s q. m tr . AG RE E ME NT FO R S A L E TH IS AG R EE M ENT F OR S AL E i s ma de a n d exe c ute d a t Na s hi k on t h is _ _ t h d a y o f Ap ril Tw o T ho u sa nd E ig hte en . BET W E EN M/S S H R EEJ I R EAL TY (P AN N o : A CY FS 418 9E) , a pa rt ner s hi p fir m, thr o ug h it‟ s pa rt ne r M R. A NJ A N HAS M UK H B HA I B HAL OD IYA , a ge - 3 1, oc c u -b us in e s s, R / o - P lot N o. 4 4, Ka rm y og i Na g a r, Ne a r Go v in d Na g a r, Na sh i k, he r e i na fte r re fer red t o a s “ T HE P R OM OT E R ” , ( wh i ch e xp res si on is u nle ss re p ug na nt t o t he co nt ext or mea ni ng th ere o f be de em ed to me a n a nd i n cl u de it s su c ces so rs i n i nte re st, i t‟ s ot he r pa r tn er s, t hei r e xe c uto rs , a dm i ni stra t or s a n d pe rmit ted a ssi g nee s) ; P A RTY O F T H E FI RS T P A RT AND M R. / M RS . _ ___ __ _ ___ ___ __ ___ , Age : _ _ __ ye a r s, O c cu pa ti on : _ _ _ _ _, PA N N o . _ __ ___ _ , R /o : _ _ _ _ __ _ _ _ _ __ _ _ _ __ _ _ _ _ __ _ _ _ _ __ _ _ _ _ _ __ _ . He re i na fte r ca ll e d t he “ AL L O TT EE / P U R C HA S E R/ S ” (w hi c h ex p res si on sha ll u nle ss re p ug na n t to th e c o nte xt o r m ea ni n g th ere o f be de e med to me a n a n d i nc l ude hi s /he r/t hei r h eir s, exe c ut ors , s u c ce ss or s i n i nte res t a nd pe rmi tte d a s si gn e es) ; P A RTY OF T HE S E CO ND P A R T T he P rom ote r a nd A ll o ttee / P ur c ha s er/ s s ha ll h ere in a f ter co lle ct i v ely be re f e rr e d to a s t he “Pa r ties ” a n d in di vi d ua ll y a s “Pa r t y” W H E R E A S (A) T he la nd ow ne r Mr. Ja n a rd ha n R a mc h a nd ra V a n ja ri , Sa u. S ure k ha J a na r d ha n V a n ja r i a n d K uma r Ak s ha y Ja na rd ha n V a n ja r i ha ve e ntr u ste d the de ve lo pme nt ri g h ts o f t he pr op ert y S u rve y No . 76 9/ 2 , bea r in g Pl ot 2 N o. 3 + 4/B a s p e r th e s ub di vi si o n a d mea su ri ng 2 4 0 9. 4 4 S qu a re Mete rs , more pa rti c u la rl y de sc ribe d in t he S c hed u le I w rit te n her eu n der to t he Pro mot er i .e . S hre e j i R e a lt y by ex ec ut i ng a D ev el opme nt Ag r eeme nt whi c h is d ul y s ta mp e d a nd re gi ster ed be f ore S u b -R egi stra r Na sh i k a t Ser ia l N o. 3 0 39 da te d 19 /1 0 /2 0 1 6. A n d in pur s ua nc e wit h t he sa id De vel op me nt Ag re e m e nt , Ge ne ra l P ower o f Atto rn e y is ex ec ut ed b etwee n La nd ow ne rs a nd de ve l op e r w h i ch i s reg i ster ed be fo re S ub -R e gis tra r Na sh i k a t S e ria l N o. 3 0 4 0 d a te d 19 /1 0/ 2 0 1 6. AND W HE R EAS th e sa id La yo ut of S ur ve y No . 7 6 9/ 2 wa s fi na l l y a ppr o ved by Na s i k Mu ni ci pa l C or po ra t io n v ide i t‟ s O r de r N o. Na gar rac h na V i b ha g /B3 /4 1 /1 2, da ted 0 2/0 2/2 01 2 . T he per mis si o n to us e t he sa i d p ro pe r ty f or n o n a g ri c ult ura l pu rp os e wa s g ra n ted by th e Col le ct or Na s hi k vi de orde r n o . Ma h. /D es k 3/ 4/ N. A. Ca se N o. 1 8 9/ 2 0 08 da ted 2 6/ 0 6/ 2 00 8 . T h e Mu ta ti o n E ntr y No . 7 82 5 5 i s ma de a nd ce rti fie d by t he re ve n ue o f fi ce r i n re s pe ct o f t he s a n cti o n of la y ou t a nd N .A . perm is si on . (B) T he Pr omo te r is w e ll a n d s u f fi ci en tl y ent itle d t o d ev el op a ll t ha t pie ce a n d pa r ce l o f la nd a dme a s uri n g a re a 2 40 9 . 44 s q ua re meter s bea ri n g S ur ve y No . 76 9/ 2, b e a ri n g P l ot n o . 3+ 4/ B sit ua t ed a t vi lla g e Na sh i k, Ta l u ka Na s hi k , Di str ic t Na sh i k ( He r eina f ter c ol le cti ve ly t h e to ta l la n d r ef err e d t o a s “ Th e S a i d L a n d” ) wh ic h is m ore pa r tic u la rl y des cr ibe d i n t he S c he du l e - I he re u nd er wr itte n. (C) Th e Pr omo te r g ot the b u ild in g pla n sa n c tio ne d f rom Na s hi k M u ni ci pa l Cor po ra ti o n v ide Comme n cem e nt Certi fi ca t e bea ri ng No. L ND/ BP /A3 /0 4/7 63 , da te d 16 /0 4/2 01 8, in res pe ct o f b ui ldi n gs to b e co n str u cte d on t he sa i d la nd . AND i. T he P ro mot e r a f fir ms tha t t he re i s no c o v ena nt s a ff ec ti ng t he sa id p ro pe rt y . ii. T he Pr om ote r a f fir m t ha t t here a re no im pe dime nt s a tta ch ed to the sa id pr ope rt y. iii . T he Pr om ote r a f f irm tha t t her e is no A r ea oc c up ied b y t he tena nt s a nd t he re fo re the re i s n o q ue s t io n of set tle me nt wit h tena nt s. T he Pr om ote r is i n a b so lu te o cc u pa tio n a n d po sse s sio n of t he sa i d p rop e rt y o n t he ba s is o f th e de v elo pme nt a gre eme nt 3 da te d 1 9 /1 0/ 2 0 1 6. iv . T he Pr omo ter a ff irm s tha t t he re i s n o i lle ga l e n cr oa c hme nt o n the sa id pr ope rt y. v. T he Pr om ote r a f fi rm s tha t tit le o f t he Pr ope rt y is clea r a nd ma r ke ta ble and no perm is si on ( if a n y) req ui red f ro m any G ov e r nme nt o r A ut h ori ty wh i ch a f fe cts t he t it le t o t he pr op ert y . AND W HE R EAS th e P rom ote r is en titl ed a n d en j oi ned u po n t o c o ns tr u ct bu ild i ngs on t he p ro je ct la n d in a c c orda n ce w it h t he rec ita l s he r e i na b o ve . AND W H E RE AS t he ow ner s o f Pl ot N o .3 + 4/A a nd 3 +4 /B ha v e kep t a roa d o n th e e a ste r n si de 6 me ter v ide a n d a ppr ox ima t el y 4 7. 5 0 sq .mtr s . le n gt h t o be u se d for a ppr oa c h o n ly . AND W H E RE AS th e P rom ote r i s in p os se ss i on o f t he pr oj ec t la n d bei ng the de ve lo pe r . AND W H E RE AS t he P rom ote r ha s f loa t ed t he ow ne rs h ip s c heme on t he sa id la n d un de r t he na me a n d st yle o f “ S H RE EJ I S KY G RE E N S ” a n d pro po se to c o nst r uc t on t he sa i d la n d co n si sti ng o f 2 (tw o) wi ng s o ut o f w hi c h 1 (o ne ) W i ng is a lrea dy un der c o ns tr u cti o n. AN D W HE R E AS t he P r omo ter ha s de cid ed t o co ns tr u ct t he pr o je ct a s per the a p pr ov e d sa n cti on ed pla n gr a n ted by th e Na sh i k M u ni ci pa l Cor po ra ti o n a s o n da te a n d t he pr oj ec t wi ll be re -a p pr ov ed , a m end ed a nd c ha ng e d a nd w ill be f urt he r s a n ct i on ed f or t he rem a i ni ng / a ddit io na l a va ila ble F SI / T DR / Pre mi um F SI a nd rea ppr o ve d a s per i t w ill be n e c e s sa r y . AND W H E RE AS t he P rom ote r ha s f loa t ed t he ow ne rs h ip s c heme on t he sa id La n d u n de r t he na me a nd s ty le o f “ S H R EEJ I S KY G R EE NS ” co mpr is i ng o f va ri ou s bu ild i ngs co n si sti ng o f resid en tia l fla t s/a pa rt men ts / s ho ps . AND W H E RE AS by virt ue of t he De v elo pme nt Ag reem en t da ted 1 9/ 1 0/ 20 1 6 a nd t he G ene ra l P ower of A tto r ne y da te d 1 9/ 1 0/ 2 0 16 whi c h a re re g ist e re d i n t he of fi ce of t he S ub r e gis tra r vi de R eg ist ra ti on no . 3 03 9 /2 0 1 6 and 3 0 40 /2 0 1 6 res pe cti ve ly on da te d 1 9/ 1 0/ 2 01 6 . Th e 4 Pro mot er ha s co mpl e te d a ll th e le ga l for ma lit ies wi th re spe ct to th e rig ht , tit le a nd in te re s t in re s pe ct of th e pr oj ec t la nd o n w hi ch t he s a id pro je ct is to be co ns tru ct e d . Th e Pr om ote r he rei n a lo ne ha s s o le a n d ex cl us i ve ri gh t to se l l the Fla t/ Apa rtme nt s in t he sa i d pr o je ct to be co n str u cte d b y th e Pr omo te r on t he pr oj ec t la nd a nd is f ull y co m pete nt to e nte r i nt o a gre e me n t/s w it h t he Al l o ttee / P ur c ha ser/ s, les see , mort ga g ee, o f t he F la t / Apa rtm e n ts a nd to r ece iv e the s a le pr i ce / Loa n / Co ns tr uc ti on Fi na nc e / E qu it y i n re spe ct t her e of . AND W H ER EA S the A llo tte e / Pu r cha se r/s o n hi s / h er / t heir re q ue st i s of f ered a n Apa r tme nt/ F la t be a ri ng n um ber ___ __ , o n t he _ ___ _ f lo or , (he rei n a fte r re fe rre d to a s th e sa id ( “ A pa r t m en t / Fl a t ” ) i n t he A win g, of t he B ui ldi n g ( he re i n a ft e r re fe r red t o a s th e sa i d “ B u il di n g/ Wi n g ”) of t he sa i d pr oj e c t k no w n a s “S H R EEJ I S KY GR EE NS ” b y th e P ro mote r. AND W H E RE AS t he Pro mot e r is i n t he p ro ces s o f a pp ly i ng f or th e regi str a ti o n of t he Pro je ct “S H R EEJ I S KY G RE EN S ” u nd er t he pro v isi o ns o f t he Ac t w it h t he R ea l E s ta te R egu la t or y A ut h ori t y a nd o n rec ei vi ng t he re g ist ra t io n t he sa me wi ll be in f orm ed / co n ve yed to t he All ottee / P ur ch a se r/s . AND W H E RE AS t he Pro mot e r ha s e nt ere d i nto a sta nda rd a g r eeme nt wit h It s A r ch ite ct ( he re i na fte r re fe rre d t o a s ”t he A r ch ite ct ”) , wh o i s regi ste red w i th t he C o u nc il o f Ar c hi te ct ure , a nd s u c h a gre eme nt i s a s per the a gr eeme nt pr e pa r e d b y th e C o u nc il o f Ar c hite ct u re, t he P r omo ter her ei n ha s a p po i nte d Orig i n Ar c hit ec ts , Mr . Nit i n K ute , o f fi ce a d dres s – 5 5, A D IMA I, Se ct or C , Ne a r Na va s h ya Ga n pa t i, Ga nga p u r R oa d , Na s hi k a s its Ar ch ite ct to lia i s on w it h t he Na sh i k M u ni ci pa l Cor po ra ti o n a nd a ll t he co n str u cti o n o n s ite ha s be e n a s pe r t he wor ki ng d ra wi n gs , a nd t he gu ida n ce a n d s u pe r vi si on o f Ar c hit ec t Mr . Nit in K ute . AND W HE R EAS t he Pro mot e r ha s a pp oi nt ed st r uc tu ra l e n gi nee r Mr . S ha il es h D h um ne , o f fi ce a dd re ss – S 7/ S8 , S ec on d F lo or , R a j vee E n cla ve , New Pa ndi t C ol on y , N a sh i k a s its St r uc tu ra l E ng i neer f or t he pre p a ra ti o n of th e st ru ct u ra l d e si g n a nd d ra w i n gs of th e sa id pr oj ec t / b ui ldi n gs, a n d the Pro mo te r a c ce p ts the pr o fe s si o na l su p erv is io n o f t he A rc h it ect a n d str u ct ura l e ng i ne e r ti ll th e co mp l e ti o n of t he sa i d pro j ec t. T he Pr om ote r he re i n ha s r e se r ve d r ig ht s to cha n ge a f or esa id Ar c hit ec ts a nd E ngi ne e rs be f ore t he c omp le t io n o f t he b ui ldi n g. 5 AND W H E RE AS o n d e ma n d fr om th e A llo tte e/Pu r ch a se r/s , t he Pr o mote r ha s g iv e n i nsp e c ti on t o t he Al lo ttee / Pu r cha s er/s o f a ll t he d oc u me nt s of title re la t in g to the pro je ct la nd a nd the pla ns , de sig n s a nd spe ci f ica ti on s pre pa re d by t he Pr om oter a nd of s u ch ot her d o cu me nt s a s a re spe ci f ie d un de r t he R ea l E s ta te (R eg u l a tio n a n d De ve lo pme nt) A ct 2 01 6 ( he r e i na fte r r ef erre d t o a s "t he s a i d A ct ") a nd th e R ul es a n d R e gu la t io ns ma de t he r e u n der . AND W H E RAS a ft er the All ote e/ Pu r cha ser/ s en q uir y , the P r omo ter he r e i n ha d re q ue ste d the Al lot tee/ Pu r cha ser /s t o ca rr y ou t i n depe nde nt se a r c h b y a p po in ti ng hi s/ her/ th eir ow n A d v oca te a nd t o a s k a n y que rie s, he / s he /t he y ha d r e ga r di ng th e ma r keta b le ti tle, ri g hts a nd a u th or i ties o f the Pr om ote r h e re in & ot her rela ted pe rmi ss io ns a nd sa nc ti on s f or co n str u cti o n o f t he p r oj ec t. Th e A ll otte e/P u rc ha ser/ s ha s/ ha ve sa tis fi ed hi mse lf /h e r se l f/ th e ms elv es in re spe ct o f t h e ma r keta ble tit le r ig h ts a nd a ut ho rit ie s o f the P r omo ter here i n & ot h er rela t ed pe rmi ss io n s a nd sa n ct io n s f or c o ns t ru ct io n of th e pr o je ct . a nd a c co rdi n gl y, on sa ti s fa c ti on o f A ll otte e/Pu r ch a se r/s a n d t he ir le ga l c o un c il , t he A l lott ee/ Pur c ha se r/ s ha s /h a v e a gree d t o p ur c ha s e t h e res ide nt ia l f la t/ A pa rtme nt w hi c h i s mor e pa rt ic u la rl y de s cri bed i n t he Sec o nd Sc he d ule her eu nde r w ritt e n and s h ow n on t he p la n a n n exed he ret o as A n ne x ur e , (he re i na fte r r e fe rr e d t o or ca lle d a s “T H E S AID AP A RT M EN T/ FL AT” ) . AN D WHE R E A S o n de ma n d fro m t he a ll otte e/ p ur c ha se r/ s, t he Pr omo ter ha s a ls o gi ve n i ns pe cti o n to t he Al lo ttee / pur c ha s er/ s o f a l l the do c ume nt s o f t itle rel a tin g t o t he pr o je ct l a nd a n d th e pla n s, d esi gn s a nd spe c i fi ca ti o ns a n d o f s u c h ot her do c u men ts a s a re sp ec i fie d u nd er the R e a l E s ta te (R eg ula t io n a nd De ve lo p men t) A ct 20 1 6 ( her eina f ter re f e rr e d t o a s "t he sa id Ac t" ) a n d t he R ule s a nd R e gu la t io ns ma de the re un de r ; All otte e/ Pur c ha ser/ s ha s /ha v e sa ti s fie d h im sel f/ h erse l f/ the mse lv e s i n a ll re s p ect . AND W H E R EAS t he a ut he nti ca t ed co pie s o f Certi fi ca te o f Tit le is s ued by the a d v oca te o f t he P rom ote r a nd a ut he nti c a ted c op ies o f t he Pr ope rt y ca r d/ e xtra ct o f V il la g e Fo rm s V I I a n d X II o r a n y o t her r ele va nt r eve n ue re c or d s how i ng th e n a tur e o f the ti tle o f the Pr om ote r to th e pro je ct la n d o n w h ic h t he f l a t/ Apa rtme nt s a r e t o be c on st ru ct ed ha v e bee n ha nde d ov e r to t he All ottee / Pu r cha se r. AND W HE R EAS t he a ut he nti ca ted c opi es of t he p la n o f t he La yo ut or ot he r a ut h or it y w he re ver a p pl ica ble o f t he sa id pr o je ct a s a p pr o ved b y the c on ce r ne d L oca l A ut ho rit y ha ve bee n a n ne xed he ret o a n d ma r ked a s 6 An n ex ur e . AND W HE R EAS t he c op y o f th e pla n s o f t h e La y ou t a s pr op ose d by t he Pro mot er a nd a c co rd i ng t o w hi c h th e c on s tru ct io n of t he bu il di ng s a n d Ope n S pa ce s a re p ro p ose d to be p ro v ide d f or ha ve be en a n ne xe d her eto a nd ma r ke d a s An n e x ur e . Fo ll owi ng D o c ume nt s a s pe r t he Pr o vi si o ns of R ea l E sta te (R eg ula t io n a nd De vel op me nt) A ct 20 1 6 ( he re i na fter re f erre d to a s "t he sa i d Act ") a re a t ta c he d a s he re i n u nd e r v ide va ri o us A n ne xu re s a nd s c hed ul es . 1. A Cop y o f th e la yo ut pla n a pp ro ve d f rom Na sh i k M u ni ci pa l Cor po ra ti o n sh ow i n g t he sa i d la n d a nd th e t ota l a rea i n a nd a ro u nd is a nn e xe d he r eto a s An n e xu r e -I , 2. T he co p y o f t he T itl e Cert i fi ca te o f t he a bo ve m en ti on ed pro pe r ty is i ss ue d b y Ad v. Ma ni sh L o na ri f or t he clea r tit le of t he Pr om ote r he re in a re a nn exe d he ret o a s A n ne x ur e - I I. 3. T he co pie s o f t he 7/ 1 2 e xtra ct o f t he sa i d l a nd s ho wi ng t he na t ure o f t he t itle o f the P ro mot er i s a n n exed he ret o a s An n ex ur e – I II . 4. T he c op ie s o f the p la n s how i ng la y ou t o f the F lo or P la n of the f la t . T he dra w i ng/ pri nt/ s s how i ng t he fl a t a s a gr eed to be p u rc ha se d b y t he All ottee / p u rc ha ser /s is a n ne xed here u nde r to a s t he f lo or p la n o f t he fla t/ a pa rtm en t to be pu rc ha se d a s A nn e x u re – I V. 5. T he c op y o f t he p la n sh owi ng la y o ut o f t he c a r pa r k in g, sh ow i n g t he a ll otte d pa r ki ng to t he Fla t / A pa rtm en t a g reed to be p ur c ha se d b y th e Allo ttee/ P ur c ha ser/ s a lo ng wi th t he Fla t / Apa r tme nt i s a n nex ed here to a s p a rk in g pl a n a s An n ex ur e -V . 6. T he copy of the l a test Co mme n cem en t Certi fi ca te is a n ne x e d he re to a s A nn e x ur e - V I . 7. T he c op y o f t he N. A. ord er b y th e H o n. Co ll ect ora t e, Na s hi k is a n ne xe d he re to a s An n ex ur e -V II . 8. T he spe ci f ic a ti on s he rei n a g reed to be p ro vi ded b y t he Pro mot e r i n t he Fla t / Apa rtm en t wh ic h i s a gree d to be 7 pu rc ha sed b y t he All ottee / P ur c ha se r/s her ei n bel ow is de ta i le d i n S ch e d ul e - II I. 9. T he spe ci f ic a ti on s he rei n a g reed to be p ro vi ded b y t he Pro mot e r i n th e sa id p ro je ct w hi c h w il l be k n ow n a s c omm o n a me n iti es a re det a ile d i n her ei n b el ow in S c he d ul e -I V. 1 0 . T he com mo n a r ea s a nd t he co mm on fa ci li ties ha ve be en de ta i le d i n he rei n bel o w a s S c he d ul e – V . AND W H E RE AS t he c l ea r bl oc k pla n s h owi n g t he pr o je ct (wi ng ) w hi c h is int e n de d t o be c on str u cted a nd to be s old is a tta c h ed he rei n bel ow a s An n ex ur e IV . AND W H ER EA S the a ut he nti ca ted sit e p la n ( pa ge 1 o f t he a p pro ve d pla n by t he Na s hi k M u ni ci pa l C or po ra ti on ) a l o ng w it h w hi c h t he Fla t /Apa rtm e n t i s a l so a ppr o ved a n d ha s bee n a g ree d to be pu r cha sed by the A llo tte e / P ur c ha se r/ s, a s sa nc ti on ed a nd a p pr o ved b y t he loca l a ut ho rit y ha s b e e n p r ov ide d t o t he All ott e e / P ur c ha s er/ s. A s e pa ra te co p y i n A 2 siz e w hi c h is rea da bl e a nd u nde rs to od b y t he a l l ottee / pu rc ha se / s ha s b e e n gi ve n t o th e a l lo ttee/ p ur c ha se /s w hi c h he / sh e/ the y a c k n ow le dge to r ece iv e. AND W HE R EAS th e P rom ote r ha s o bta i ne d the sa nc tio n s/a p pr o va l s f ro m the co n ce rn e d lo ca l a ut ho rit y (s) t o t he pla ns , se cti o ns o f t h e sa id bu ild i ng/ s a n d s ha ll obta in re -a pp ro va l s fr om v a ri o us a ut ho rit ie s fr om time t o tim e , s o a s t o o bta in Bu il di ng C om pl etio n C ert if i ca te / O c c upa n c y Ce rt if i ca te o f t he sa id Bu ild i ng . T he pr e se nt C omm e n cem en t Cert i fi ca te fo r the sa id pr o je ct i s Com me nc e me nt Ce rti fi ca te No . L N D/BP /A 3/ 04/ 76 3, da ted 16/ 04/ 20 18. AND W H ER AS T H E AL L OT EE / P U R C HAS E R/ I S / AR E WEL L A WA R E OF AL T E RA TI ONS AN D MO DI F I CA TIO N IN S A N CT IO NE D BU IL DI NGS P L A NS : T he Pr om ote r h e re in ha ve s pe ci fi ca ll y i n fo r med t he A llo ttee/ P ur c ha s er/ s tha t , th e pre se nt sa n c tio ne d bu ild i ng s pla ns rec ei ved fr om t he Co n cer ne d De ve l op me nt C on tr oll i ng A ut ho rit y / L o ca l Aut h ori t y is f or t he , p a rt F SI of t he sa i d la n d on l y a nd fu rt her sa n ct io n t o bu il di ng pla n s f or t he re ma i n in g F SI o f the s a id la nd a nd fl oa ti n g F SI/ T DR i s y et to b e re cei ve d a nd h e n ce i f t he pla ns ha v e t o be c ha ng ed t he Al lot tee/ Pu rc h a ser/ s 8 her eb y gi ve s his /h e r/t he i r i rre v o ca bl e co n se nt to th e P rom ote r he rei n t o ca r ry o ut s uc h a ma l ga ma ti o n, a lte ra ti o ns , m odi f ic a ti o ns in t h e pl ot la y o ut p la n s, la yo ut p l a ns o f t he b ui ldi n gs w hi c h a re u nde r c o nst r u cti o n or t o be co n str u cte d on t he sa id la nd . A ls o p la n /s s a n cti o ned o r to be sa n ct io ne d f or t he bu i ldi ng un de r co n str u cti on o r to be c o ns tr u ct ed a nd to cha n ge e l e va ti o n of th e b ui ldi n g, la n d sca pi ng , b o u nda r y w a lls or fe n ci ng a n d to c o n ve r t c on st ru ct e d p or ti on i nt o ter ra ces or v ise a ver sa , a s t he Pr omo te r fe e l s r ig ht i n t hei r sol e d is c reti o n he/t he y ma y t hi n k fit a nd p ro pe r a nd /o r su c h m odi f ic a ti on s a nd a ltera ti on s w hi c h a re ne ce ssa r y i n p ur s ua nc e o f a n y La w, r ule s, r egu la ti o ns , ord er or r equ est ma de by t he Na sh i k M un i cipa l C or po ra ti o n, L o ca l A ut ho rit y, P la n ni n g Aut h ori t y, Com pe te nt Aut h or it y o r Go ve rn men t o r a n y O ff i cer of a n y Lo ca l A ut h ori t y. T he Al lo tte e / P ur ch a se r/s de c la re / s a nd co n f irm/ s t ha t h e/s he /t he y is/a r e a wa re th a t t he s a id b uil di ng /s i n wh i ch t he sa i d fla t/ Apa r t men t i s sit ua te d ma y be in te r co n ne cte d or jo in ed wit h a n y a d ja c e nt bu i ldi ng o r new bu il di ng/ s u nde r de v e l opm e n t o r to be de vel ope d b y t he Pr omo ter a nd t ha t sa ve a n d e x c e pt t he fla t/ A pa rtm e nt he reb y a gr eed to b e s old , the A ll otte e /P ur c ha se r/s s ha ll n ot ha ve a ny r ig ht in t he othe r tene me nts / fla t s, a d ja c e nt o r i nte r c o nn ec ted bu ild i ng/ s a n d c ov en a nt s n ot to ra is e any ob je cti on o r d is p ute f or t he Pr omo ter ri g ht t o re st , int er co n ne ct , c o n ne ct or s u ppo rt t he a dj oi ni ng b uil di ng/ s o r wi ng/ s o r ot her b uil di ng /s w it h e a c h ot he r a s ma y be sa n ct io ne d b y th e co n cer ne d a ut ho rit ie s fr om tim e t o t ime . AND W HE R EAS w hi le sa n cti o ni ng th e s a id p la ns co n ce rn ed lo ca l a ut ho rit y a nd/ or Go v e rn me nt ha s la id do wn c erta in te rms , c o nd iti o ns , sti pu la ti o ns a nd re str i cti o ns w hi c h a re to b e obse rv ed a nd per f or med b y the P ro mot e r w hi le de ve l op i ng t he p ro je ct l a nd a nd t he sa i d b uil di ng a nd up o n d ue o bse r va n ce a nd p e r fo rma n ce o f whi c h o n ly t he c omp l etio n / oc c upa n c y c e rt if i ca te in r e sp e c t o f t he sa i d bu il di ng/ s / wi ng s ha l l be gra nted b y th e co n ce r ne d l o ca l a ut h or it y. T he All ote e / P ur c ha se r /s is /a re sa t is f ied a b ou t t he a ll o bs er va ti o ns a nd per fo rma n ce s o f T he Pro mot e r w hi c h a r e ob ser ve d / o bs er vi n g a n d per fo rme d / pe r fo rmi ng by t he Pr om oter whi le de ve lo pi ng t h e sa id pro je ct . Th e Pr omo te r w ill com pl y a l l the c o nd iti o ns s tip ul a ted a s a bo ve ho we ver t he Pr om ote r sha l l n ot be r es po ns i ble for a n y ot he r c o nd iti on s / ob ser va nt w hi c h i s / a re n ot sti p ula te d a s a ter m o f c on dit io n w hi le sa n ct io n in g t he sa id pla n s a nd t he p ro mote r s ha l l n ot be f urt he r 9 re sp o ns ib le fo r a ny or a l l co nd iti o ns / st i pu la ti o ns la id do wn by th e Aut h ori t y w h ic h i s / a re n ot a s pe r th e pre va i li ng r ul es , reg u la ti on a nd Act . AND W H E RE AS t he All ottee / P ur c ha s er/ s ha s a gr eed t o pu rc h a se th e sa id fla t /a pa rtme nt ba sed on g oi n g thr o ug h a ll the c o nd iti o ns sta ted i n the sa n ct io n e d pla ns by res pe cti ve co mp eten t a ut h ori tie s a n d ha ve f urt he r c o n fir me d t ha t a ll s u c h c o nd iti on s s ha l l be bo u nd a nd a bi ded b y the Al lot te e / P ur c ha s er/s st ri ct ly . AND W H E RE AS t he A llo ttee / P ur c ha se r/ s on co n fi rma t io n o f a c cep ti ng a ll t he co n dit io ns o f sa n cti o ned p la ns b y co mpet en t a u th or it y, ha s f urt he r sta te d tha t if a n y c on dit io n s tha t ha ve bee n im po se d o n the sa id pro je ct / b ui ld in g/ p ha se/ w i ng w h ic h a re c o ntra r y t o t he pr eva le n t la w s/ ru le s/ re g ula ti on s u n d er wh ic h s a n ct io ne d pla ns ha ve bee n g iv e n s ha l l no t be bi nd in g o n t h e All otte e / P ur c ha s e r/s a nd tha t t he A llo ttee / Pur c ha se r/ s s ha l l not ho ld th e de vel ope r resp o ns ibl e f or the su c h co nt ra r y c o ndi ti on s. AND W H E RE AS t he Allo ttee / P ur c ha s e r/s ha s i nd epe nd en tl y ma d e hi mse lf a w a re a bo ut t he s pe ci fi ca t io n s pr ov ided b y t he Pr omo ter in t he sa id fla t / a pa rt me nt a nd he is a wa r e of t he li mita t io n s, usa ge pol i cie s a nd ma i nte na n ce of t h e in sta lle d ite ms , fi xt u res a nd f itti n gs o f t he sa me a nd h a v e b e e n a n ne x e d a nd ma r ke d a s S c h e du l e I II . AN D WHE R E AS th e Al l ott ee / P ur c ha se r/s ha s bee n sh ow n t he co n diti o ns of co nt ra c ts w it h the v en do rs / co nt r a ct or s/ m a n u fa ct ure r s a nd w or kma n s hip a nd q u a lit y sta n ds o f p ro d u cts /f itt in gs a nd fi xt ure s a s a gre e d be t w e e n Pr o mote r a nd t he ve n dor s a nd on i nde pe nde nt l y ve r i fy i ng t he sa me t he Allo ttee / Pu r cha se r/s ha s n ow a g reed t o t he sa me a s co n diti o ns me nt io ned i n t he se c o ntra c ts a nd t ha t th e A ll o ttee / Pur c ha se r/ s a g re e s to a bide b y th e sa m e f a il ure o f wh i ch s ha l l a bs ol v e the Pr om ote r t o t ha t e xte nt . AND W H E R EAS t he Allo ttee / P ur c ha s er/s ha s a ppl ied for fla t/ a pa rtm e n t i n t he sa id pro je ct “ S HR E EJ I S K Y G RE E NS ” vi de a ppl i ca ti o n fo r a 3 /2 B e d R oo m Ha ll K it c he n fla t / a pa rtm en t no . _ __ _ ha vi ng ca r pe t a re a o f __ __ sq ua re mete rs ex cl u si ve b a l co n y/ s a rea a d m. _ __ _ sq. mtr s. , te r ra ce a dm . _ __ sq .mt rs . a n d Pa s s a ge _ _ _ _ sq .mt rs ., s it ua te d on ___ __ fl o or i n W i n g “ A ” o f t he sa i d pr o j ect a nd pr o - ra ta s ha re in t he co mm on a r e a s ( “C om mo n Area s ”) a s de f in e d u nde r cla u se ( n) o f Se cti o n 10 2 of t he A ct ( he re in a fte r re fe rre d t o a s t h e sa i d fla t / A pa rt me n t” a nd f urt he r l imi te d c om mo n a re a s a nd fa c ili tie s. AND W HE R EAS t he p re se nt sta t us o f t he f l a t / a pa rt me nt w hi c h i s bei n g by v irt ue o f t hi s a g re e me n t i s a s bel ow : - It ha s bee n spe c if i ca l ly a g re e d b y t he Al lo ttee / Pu rc ha ser/ s t h a t he / sh e / t he y ha ve ve ri fie d t he sta ge of t h e c o nst ru ct io n o f t he fl a t / a pa rtm en t a nd w h ole pro je ct a s o n da t e. T he sa me ha s be e n i ns pec ted by t he A ll otte e / P u r c ha se r/s a n d he i s sa tis fi ed wit h t he p ro gr ess t ill da te, t he q ua lit y a nd t he a me ni tie s pr omi se d wha te ve r is fitt ed . An d a l s o the A ll otte e / P ur c ha s e r/s p ro mi ses t o pa y t he a m o un t a s pe r the c urr en t sta ge o f co n str u ct io n o f t he p ro je ct wh i c h i s d ue to da y a s p er t he co n str u cti o n sta ge , a mo u nti ng to R s . __ _ _ __ _ /- (R u pee s _ __ _ _ __ _ _ ) wit hi n 3 0 da y s f ro m t h e da te o f re gi stra t io n of t hi s do c ume nt . AND W H ER EA S re l yi n g u po n t he a f ore sa id a ppl ica ti on , t he Pr om ot er ha s a gree d to a l lot a n d s e ll t o t he P ur c ha ser/ s , t he sa id fl a t/ a p a rt men t a t the pr ic e a nd o n t h e te r ms , co n dit io ns , co ve na nt s, st ip ula ti on s a nd pro v isi o ns he re i na f te r a pp e a ri ng . AND W H ER EA S the c a rpe t a re a o f t he sa id f la t/ Apa r tme nt is _ _ ___ __ sq ua re me te rs e xc l us ive o f t he ba l c o ny , terra ce , pa ssa ge a re a s a s men ti on ed he re i na b o v e , a nd " ca rp et a r ea " mea n s t he n et us a bl e f lo or a rea o f a n fl a t/ a pa rt me n t, e xc l udi n g th e a rea c o vere d b y th e e xter na l wa ll s, a rea s un de r se r vi ce s s ha ft s , e xc l usi ve ba l co n y a pp ur te na n t to t he sa id fla t/ A pa rt me nt f or e x cl u si ve u se o f t he All ott ee / P ur c ha s er/s o r vera n da h a re a a n d e x cl u si ve ope n t erra ce a rea a p pu rte na nt t o t h e sa i d fla t/ Apa rtme nt fo r e x cl us i ve u se o f t he Allot tee / P ur c ha se r /s, b ut in cl u des t he a re a c o ve r e d b y t he i nte r na l pa rtit io n wa ll s o f t h e fla t/ a pa rtm en t. A ls o th e 1 0 0% a r e a o f e nc lo sed / ope n ba l co n y p lu s 1 00 % c upb oa r d a re a pl u s 1 0 0 % dr y ba l co n y pl u s 1 0 0% a tta c he d terra ce a rea is a ls o s ub je ct ma tt e r o f the pr e se nt Agr eeme nt . T he s u bj ec t ma t ter o f t he pres e nt a gre e me nt is f la t/ a pa r tme nt n o. ___ _ ha vi ng ca rpe t a rea o f ___ _ s qua re m e tre s e xc l usi v e ba l c o ny /s a re a a dm . _ _ _ _ s q. mtr s. , terra ce a dm. _ _ _ _ sq .mt rs . a n d pa s sa ge _ __ _ s q. mt r s. , sit ua ted o n _ ___ f lo or i n Wi ng “A”. T he t ota l a re a o f t he sa id fla t/ a pa rtme nt is _ ___ s q.mt rs . ex cl us i ve o f ba lc o n y, te rra ce , pa s sa g e a r ea . Th e sa l a ble a rea of t he ent ire fla t/a pa r tme nt f or th e e x cl us i ve u se o f th e A ll otte ee / P ur c h a ser/ s is _ __ ___ sq ua re m e tre s e x cl u si ve ba l co n y /s a re a a dm . _ _ __ sq . mtrs . , terra ce a dm . _ __ _ s q. mtrs . , Pa ssa ge _ _ _ _ _ sq. mtr s. 11 T o h a v e t he sa id a re a o f t he te ne me nt w hi c h t he A ll otte e/P ur c ha s er/ s a gre e d to p ur c ha se i s/a re a ct ua l ca r pet a rea o f t he te nem en t pl us sk irt i ng a nd pla ste r t hi c k nes s of th e wa l ls ha s to be co n sid ere d. T he a dja ce nt te rra ce i s h a vi n g a ct ua l ca rpet a rea i n lig ht o f th e a f ore sa i d fo rm ula . Th e pr op ort io na te s ha re i n th e c om mo n a rea s, s u c h a s c o rri dor , sta i rca se , la nd in gs , pa s sa ge s, li ft , e ntra n ce l ob bie s, a ll wa ll of th e te ne me nt , e t c. is no t def i ned sepa ra te ly , b ut w hi c h ca n be d ete rmi ned by m u lti pl yi ng th e s u m o f ca rpe t a rea o f the A pa rt me nt/ Fla t pl us t he (ca r pe t ) a re a of a d ja c ent te rra ce/ s p lu s t he ca rp et a rea o f t he o p en a nd e n cl ose d ba l co ni e s a n d th u s t he t ota l a rea a rri ve d b y a fa ct or of 1 . 3 5 w hi c h is m e n ti on e d a bo ve a s sa la b le a rea , whi c h is f or t he ca l c ula t io n pu rp ose o nl y a nd no t rela te d t o c o ns ide ra ti on . T he co n sid era t io n of th e sa id a p a rtm e n t is c a l c ula te d o n th e ca r pe t a rea on l y. At th e time o f ta k in g t he p os se ss io n t he A ll otte e/P ur c h a ser/ s a t hi s/ he r/t he ir o wn dis cr e ti o n ca n ge t the a re a mea s ur ed thr ou g h an e ngi n eer or the mse lv e s , t he sa id f la t/ A pa r tme nt i n l ig ht o f a f ore sa i d p ri n cip le a n d i f a n y d i f fe re n ce mo re t ha n 3 % i n th e a r ea i s fo u nd t he n t he c o ns id era ti o n of t he sa i d f la t/ Apa rtme nt s ha l l be a dj u sted a cc or di ng l y a nd eit he r Pro mot e r o r All ott e e / Pur c ha ser/ s a s t he ca se ma y be re f u nd o r pa y t he di f fe re nt ia l a m o un t. Afte r ta ki ng t he pos ses si o n of the sa id fla t/Ap a rtm e n t by t he All ottee /P ur c h a s er/ s i t s ha l l be pre s umed t h a t t he All otte e /P ur c ha s e r/ s ha s /ha v e no g rie va n ce u nd er wh a ts oe ver he a d in cl u di ng a s to b ui lt a rea /s a la b le a rea , ca r pet a rea , hei gh t, le ng th a n d w idt h e t c. o f th e s a id Apa rt me nt/ Fla t. AND W HE R EAS , t he All ottee / P ur c ha se r/ s p ri or t o e xe cu ti on o f the se pre s e nts ha s pa i d t o the Pr om oter a s um of R s. ___ __ __ / - ( R up e es ___ ___ __ __ ) , be i ng pa rt pa y me nt o f t he sa l e p ri ce of th e f la t/ Apa rt me nt a gre e d to be s old by t he P rom ote r to th e Al lo ttee / Pur c ha se r/ s a s a d va n c e pa y me nt / de po s i t / a ppl ic a ti on fe e (t he pa yme nt a nd re ce ipt w he re o f t he Pr om oter b ot h her eby a d mit a n d a c k no wled ge ) a nd t he All ott e e / P ur c ha se r/s ha s a gr eed t o pa y t he rema in i ng p ri ce o f the fla t /Apa rtm e n t as pre s cri bed in t he pa ym en t pla n as ma y be de ma nde d b y t he Pr o mote r wit hi n t he t ime a nd t he ma n ne r he re ina ft er a ppe a ri ng . AND W H ER EAS t he Pa rti es ha ve go ne thr o ug h a ll t he ter m s a nd co n dit io ns s e t ou t i n thi s Ag reem en t a nd u nde rs to od th e m ut ua l rig ht s a nd obl iga t io n s de ta ile d he rei n ; T he P a rt ies her eb y c o n fir m th a t th e y a re sig ni n g t hi s Ag re e m e nt w it h f u ll k now led ge o f a l l t he la ws , ru les , 12 reg ula t io n s, n ot i fi ca ti o ns e t c. a p pli ca ble t o t he sa i d pro j ec t. AND W HE R EAS Su b j e ct t o ot herw ise a gr eed, res er ved a n d p r ov ide d her ei n, th e Pr om ote r ha s a gr e e d to sel l a n d t he A ll o ttee / P ur c h a ser/ s her eb y a gr e e s t o p u rc ha se th e f la t/ Ap a rtme nt a nd t he pa r k in g a s spe ci f ied h e re i na bo ve . T ha t th e co ns ide ra ti o n a s a gree d b etwee n t he pa rt ies i s o n l ump - su m ba s is . Co n sid e ri n g the a re a of fla t/ A pa rtm en t, pa rk i ng , co mmo n a rea a nd o th e r re le va n t a me ni tie s o f t he sa i d pr o je ct. AND W HE R EAS t he P rom ote r i n co mp lia n ce o f se ct io n 1 3( 1) o f t h e R ea l E sta te (R e g ula t io n a n d De ve l opm en t) Ac t, 2 0 16 i s r eq uir ed to exe c ute a writt en Ag re e m e n t fo r sa l e o f t he sa i d fla t / Apa r tme nt i n fa vo u r of t he All ott ee / P u rc ha se r /s , be i n g in fa ct t he se pres e nts a nd a l s o to r egi ster sa id Ag ree me nt f or s a le un de r th e R eg ist r a tio n A ct , 1 9 08 , t he pa rti es her eto a re de si ro us to re d uc e i n wri ti ng a l l the te rm s a n d c o nd iti on s o f thi s tra nsa ct io n a n d h e n ce th is pr ese nt s. N otwi th sta nd i ng a n yt hi ng st a te d i n a n y ot her d oc um en t/ a ll o tme nt/ lette r/ E -m a il / c ost sh e e t or a n y ot he r f orm of co mm un i ca ti o n gi v en o r co mm u ni ca te d w it h t he A ll otte e / P ur c ha s er/s a n y t ime p ri or t o t his a gree me nt is n ull a nd v oi d a nd t hi s a greem e nt of sa l e s h a ll be co n sid ere d a s t he o nl y do c ume nt a nd its c on dit io n s ha l l b e r ea d a s t h e on l y co nd iti o ns va lid a nd ba sis f or wh i ch the sa i d fla t /a pa rtm ent is a gree d t o be so ld t o th e A ll ottee / P u rc h a ser/ s. T he sa me ha s be en exp la i ned , a gre e d a n d u nd e rs to od b y t he A ll ottee / Pu r cha se r/s . AND W H E R EAS t h is a gre e m e n t s ha ll re ma i n i n f or ce a nd s ha l l n ot merge i nto a n y ot he r a gre e me nt sa ve a nd ex cept th e c o n ve ya nc e deed a s sta te d he r e i n be l ow . AND W H E RE AS t hi s a gre e m e nt do es n ot p re cl ud e, d imi ni s h th e rig ht s o f any fi na n cia l i n sti tu t io ns , f u nd , re gi ster e d m on ey le nd er f or wh ic h fi na n ce ha s be e n ta k e n fo r t he p ro je ct a n d the sa me ca n be cla i med b y the m u nd e r t he sta tu t or y c la im s a nd t ha t t h is d oes n ot i n a n y wa y a f fe ct the ri gh t of t he a ll otte e / P ur c ha s e/s i n r es pe ct o f hi s fla t / a pa r tm ent a s men ti on ed a bo ve i n th e sa id pr o je c t. AND W HE R EAS t he Pa rtie s , rel y in g on t he c o nf ir m a tio n s, repr ese nta ti on s a nd a ss ura n ce s o f ea c h o t h er to fa i th f ul l y a bi de by a ll the ter ms , co nd iti o ns a n d s tip ul a ti o ns c on t a ine d i n t his Ag reem e nt a n d 13 a ll a p pl ic a ble la w s, a r e n ow w ill i ng t o e nt er in to th is Agr eeme nt on t he te rm s a nd c o nd iti o ns a ppea r i ng he rei na ft er ; An d t ha t t he A ll otte e / Pu rc ha ser /s ha s n ot gi ve n / no t a ll owe d t o gi ve a nd ca n not gi ve any t hir d pa rt y any r ig hts to e n fo r ce t hi s sa i d a gre e me nt u nl e s s the sa id f la t / a pa r tme nt is tra ns fer red t o h im / her / the m t hr o ug h a re gi st ered c o n ve ya n ce de ed . NO W T H E R EF O RE , TH IS AG RE E ME NT W IT NES S T H A ND IT IS H ER E BY A G RE ED B Y AN D BE T WE EN T H E P A R TI ES H E RE T O AS FOL L O WS : 1. C O NS T R U CT IO N O F T HE P R O J E C T/ AP A RT M ENT : Th e Pr om ote r s ha ll c o ns tr u ct o n t he s a id la nd , 2 (tw o) wi ng s w hi c h wil l be k n ow n a s “S H R EE J I S KY G RE E NS ” a n d the A Wi ng co n sis t in g o f gro u nd + me z za n i ne + 1 0 u ppe r f lo or s, t h e B Win g pla n wil l be re vi sed a nd de s c rib e d t he re a fte r o n t he pr o jec t l a nd in a c c or da n ce wi th t he pla ns , de s ig ns a s a ppr ov ed b y t he co n ce rn ed lo ca l a ut h ori ty fr om ti me t o time . T he Al lo tte e / P ur ch a se r/s de c la re/ s a nd co n f irm/ s t ha t h e/s he /t he y is/a r e a w a re th a t t he s a id b uil di ng /s i n wh i ch t he sa i d fla t/ Apa r t me n t i s sit ua te d ma y be in ter co n ne cte d or jo in ed wit h a n y a d ja c e nt bu i ldi ng o r ne w bu il di ng/ s u nde r dev el opm en t o r to be de vel ope d b y t he Pr omo ter a nd tha t sa ve a n d e x cep t t he fla t/Ap a rtm e nt her eb y a gree d t o b e so ld , the A ll otte e /P ur c ha se r/s s ha ll n ot ha ve a ny r ig h t in t he othe r te ne me nts / fla t s/ Apa r tme nts , a d ja ce nt o r i nte rc o n ne cted b u ild i n g/s a nd co ve na nt s not to ra i se a n y o b je cti o n or di sp ute f or t he Pr omo ter r ig ht t o re st , in te r co n ne ct , co n ne ct or s upp or t t he a dj oi ni n g b ui ld in g/ s o r w i ng/ s or ot he r b uil di ng/ s wi t h ea c h ot he r a s ma y be sa n ct io ne d by th e co n ce rn e d a ut h or itie s fr om tim e t o t ime . T he Al lo tte e / Pu r cha se r/s here b y gi ve s its w ritte n un c o ndi ti ona l a sse nt / co n se nt f or ma k in g th e cha n ges / a lt era t io n s in t he b ui ldi n g pla ns whi c h ma y a f fe ct t he Fla t / Apa rt me nt o f th e A ll o ttee/ P ur c ha se r/s e x c ept a n y a lte ra tio n or a d dit io n req ui red b y a n y Go ve r nme nt a ut h ori tie s o r due t o c ha n ge in la w . T he A llo ttee / P ur c ha s er/ s a ls o here b y a g ree a n d gi ve co n se nt t o t he co n str u cti o n o f t he a d jo in i ng bu ild i ngs a n d i s ma d e a wa re tha t t he co n str u cti o n will g o o n f rom m o rn in g 6 . 00 a m til l mi d - ni gh t 1 1. 5 5 pm a nd it ma y ca use d us t, n oi se a n d mo ve me nt of la bo ur t hr o ug h the p re m ise s a n d a lo n g the p rem ise s. T he A llo ttee / p ur c ha s er/ s her eb y u nde rsta n ds a n d gi ve s i ts u n co n dit io na l a sse nt a nd c o nse nt f or th e 14 sa me . Pro vi ded t ha t t he Pr o mote r s ha ll ha ve to o bta i n pr io r co n se nt i n writi ng of t he Al lot te e / Pu r c ha s e r/ s in re sp ec t of va r ia ti o ns a nd mo di fi c a tio n s whi c h ma y a d ve rse ly a f fe ct th e f la t/ Ap a rtme nt of t he A ll ot tee / Pur c ha ser/ s e x c e pt a n y a lte ra ti o ns o r a dd iti on s or m od i fi ca ti o ns i n th e sa n ct io ne d pla n s, la y ou t pla n s a n d sp ec i fi ca ti o ns o f th e b uil di ng s or co mm on a re a s o f t he sa id p ha se w hi c h a r e req ui red t o be ma de b y Pro mot er i n c om pli a n ce o f a n y di re cti on o r ord er , et c. i ss ue d by , t he co mpe te nt a ut ho rit y o r sta t ut or y a ut h ori ty , u nde r a n y la w o f t he S ta te o r Cen tra l G o ve r n me nt, fo r t he t ime bei ng i n fo rc e. Pro mo ter m a y a l s o ma ke s u ch mi n or a d d iti on s a nd a lter a ti o ns in si de t he fla t / a pa rtme nt on l y a s ma y be re q ui r e d by t he Al lo ttee / P ur c ha s er/ s bu t n ot hi ng ca n be do ne o n t he e xte r na l f a ce o f t he fla t / a p a rtm ent/ b ui ld in g/ w i ng . 2. C O NS I DE R AT IO N/ P R I CE O F T H E S A ID AP A RT ME NT : 2. 1 . T he A ll otte e / Pur c ha se r/ s her eb y a gree s t o p ur c ha s e fr om t he Pro mot er a n d t he Pr omo te r h e re by a g ree s t o sel l t o t he Al lo ttee / Pur c ha ser/ s Apa r tme n t N o . _ ___ _ o n _ _ ___ fl oo r i n th e wi ng A, (he rei na fte r re fe r re d to a s " t h e F la t/ Ap ar tm e n t ") a s s ho wn i n t he Fl oo r p la n t he re o f h e re to a nn e xe d f or t he tota l c on si dera t io n of Rs . ___ ___ __ __ / - (R up e es ___ __ ___ __ _ ___ ___ __ ___ _ ) be i ng t he pro po rti o na te pr i ce o f th e c omm o n a rea s a nd f a c ili tie s a pp urt en a nt to the pre mis e s , t he na t ure , e xte nt a n d de sc ri pti on o f t he lim ited c omm o n a rea s a nd fa ci lit ie s w hi c h a re mo re p a rti c ula r l y de s cri bed in t he S ch e du l es . 2. 2 . T he A ll otte e / Pu rc ha se r/ s he reb y a g re es to ta ke fr om t he Pr omo ter a nd t he Pr om ote r he r e by a gre e s to a l lo t to the A ll otte e / Pu rc ha s er/ s Pa r ki ng s it ua te d at Base m e n t/s t il t/ m ec ha nic al pa rk in g bei ng co n str u cte d in t he la y ou t in cl u si ve i n th e tota l a g reed co n sid er a tio n o f the fla t / Apa rtme nt . F urt he r tha t t he Al lot t ee/ p ur c ha se r/s s ha ll no t i n the f ut ure ra is e a n y dis p ute a b o ut t he s ui ta bil it y o f t he sa id p a rk in g spa ce a s c o nst ru ct e d by t he P ro mo ter . 2. 3 . T he t ota l a g gre g a te lu mp -s um co ns ide ra ti on a m o u nt f or t he Fla t/ a pa rtm en t a lo n gw it h pa rk in g spa ce s is thu s R s. _ __ ___ ___ _ /- (R up e es __ ___ __ __ ___ ___ __ ___ __ ) . T he sa id a m o u nt is a gr eed a s lu m p-s u m a m o u nt a g a in st t h e sa id f la t / A pa rtm en t a l o ng wit h p a rk in g a nd a lo ng w it h t he a l l the fa ci lit ies a nd be ne fit s a tta c he d to t h e sa id fla t/Ap a rtm e n t as a me mb e r of a s so cia tio n s of p er so n s/a pa rtme n t 15 co n dom i ni um e x cl u di n g a ll t he ot her a mo u nt s, t a xe s a nd ot he r i n ci den ta l c ha rg e s . 2. 4 . T he All ott e e / Pur c ha ser/ s a gree s a nd u nd er sta nd s t ha t time l y pa y me nt/ s tow a rd s p u rc ha se o f t he sa i d f la t/Apa rtme nt a s pe r pa yme nt pla n/s c he du le he r e to is t he e s se nc e o f t he Agre eme nt . T he Al lo ttee / Pur c ha se r/ s ha s pa id on o r be f ore e xe cu ti o n o f t hi s a g ree me nt a su m of . Rs. ___ __ ___ _ /- (R up e es ___ ___ __ ) , as a dv a n ce pa y men t or a ppl ic a ti o n fe e w h i ch ha s be en pa id to t ha t Pro mot er a s f oll ow s… . Amo u nt Pa rti c ula rs R s. T ota l pa yme nt o f R s. _ __ _ _ _ _ __ _ _ / - (R u pe es _ __ _ _ _ _ __ _ _ _ ) ha s bee n re c e i ve d b y t he p ro mote r f ro m the a ll ot tee/p ur c ha ser a s me nti o ned a bo ve . T he ba la n ce a mo u nt of co n side ra t io n a gree d sha ll be pa i d b y t he All otte e / P ur ch a se r t o th e P ro mot er in t he f oll owi n g ma n ne r… . i. Am ou n t of R s. _ _ ___ __ / - (R u p e es ___ ___ __ ___ __ ___ _ ) , ( no t e x ce e d i ng 3 0% o f t h e tota l co n sid era t io n) to b e pa i d t o t he P r omo ter w it hi n 1 5 da y s a f te r t h e ex ec ut io n o f th is Ag r eeme nt . ii. Am ou nt o f Rs . __ ___ ___ /- (Ru p e es __ ___ __ ___ __ ___ _ ) ( n ot e x ce e d i ng 45 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n co mpl e ti o n o f t he Pl in th o f t h e b ui ld in g or win g in w hi c h t he sa i d Fla t/ Apa rt me nt is l oca te d . iii . Am o u nt o f R s. __ ___ ___ /- (R u p e es __ ___ __ ___ __ ___ _ ) ( n ot e x ce e d i ng 60 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n th co mpl e ti o n of t he 4 (F o urt h) s la b a n d sti lt of t he b uil di ng o r win g in w hi c h th e s a id F la t/ A pa rtm en t i s lo ca te d. iv . Am ou nt o f Rs . __ ___ ___ /- ( R u pe es ___ ___ __ ___ __ __ _ ) ( not e x ce e d i ng 70 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n co mpl e ti o n o f a ll t he sla b s o f th e b u ild i ng o r wi n g i n w hi c h t he s a i d f la t / a pa rtm e n t i s lo ca t e d . v. A mo u nt o f Rs. __ ___ ___ /- ( R u p ee s ___ ___ __ ___ __ __ _ ) ( not 16 ex ceed i ng 80 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n co mpl eti o n of t he w a ll s o f t he sa i d Fla t/Ap a r tme nt. vi . Am ou nt o f Rs . __ ___ ___ /- ( R u pe es ___ ___ __ ___ __ __ _ ) ( not ex ceed i ng 90 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n co mpl eti o n o f t he i nt e rna l a n d e xter na l pla st er o f t he b u ild i ng o r win g i n whi c h th e s a id F la t/ Ap a rtme nt is l o ca ted . vi i. Am o u nt o f Rs . _ _ ___ _ __ /- ( R up e es ___ ___ __ ___ __ ___ ) (n ot ex ceed i ng 95 % of t he tota l co n si dera t io n) t o be pa id t o th e Pr om oter o n co mpl eti o n of t he til i ng o f f lo or a n d wa ll , kit c he n pla t f or m o f t h e sa id fla t/a pa rtme nt . vi ii . Ba la n ce Am o u nt of R s. __ ___ __ _ /- ( R u p ee s ___ ___ __ ___ __ ___ ) is t o be pa i d to t h e Prom ote r o n c om pl etio n o f the l i fts , w a t e r p um p s, e l e c tri ca l fi tti ng s o f sta ir ca s e a n d sti lt p a rk in g, E lec tr o/ me c ha n ica l r e qu ire me nts , en tra n c e l obb y/ s, pa v in g o f a rea s a pper ta i n t o t he sa i d bu ild i ng / w i ng on l y a nd a ll ot her req u irem e nt s a s ma y be pr e s cr ibe d i n the A gre e me nt of sa l e a ga i nst a n d a t t he ti me o f ha ndi n g o ve r o f t he po sse ss io n of th e F la t /Apa r tme nt t o t he A ll ottee / Pur c ha ser/ s o n or a ft e r a ppl i ca ti o n to Na s hi k M u ni ci pa l C orp or a tio n f or oc c upa n c y ce rti fi ca t e or c om plet io n ce r tif i ca te . Fr om t he a bo ve men ti on ed a m o un t i n cla u se nu mbe r 2 . 4 - ( i) to (v ii i) t oda y t he a mo u nt pa ya ble w hi c h sh a ll be pa i d a s m e n ti on ed a b ov e. T he P ri ce o ve ra ll ha s be e n a r ri ve d a n d a g re ed u p on k eepi n g i n m i nd th e pro mi se o f t he Al ott e e /p ur c ha se r to ma ke the pa y me nts a s me n tio ne d a bo ve i rre spe ct iv e o f the e xi sti ng w or k p ro gres s a nd p rop o sed s t a ge o f co n str u cti o n o f t he pr oj e c t. T he T ota l Pr i ce a bo ve e x cl ud e s T a xe s ( c o ns isti n g of ta x pa id or p a ya b le by t he P ro mot e r b y w a y o f V a l ue A dde d Ta x, Ser vi ce Ta x, Ces s, G S T or a n y ot her s im ila r ta x e s w h ic h ma y be le v ied , in co n ne cti o n wi th t he co n str u cti o n of a nd ca r ry i ng o ut th e s a id Pr o je ct pa ya ble by t he Pro mot er up to t he d a te o f ha nd i ng o ver the po ss es si on o f th e Fla t/ Apa rt me nt. T he A ll otte e /P ur c ha s e r/s he r e i n i s/a r e wel l a wa re t ha t , t he b u il di ng i n whi c h th e sa id fla t i s sit ua te d a n d t he b ui ld in g i s u nd er c o nst ru ct io n o n the sa id la nd , t he c o ns tr u cti on o f whi c h i s in pr ogr es s a n d c on s ider i ng the pre se nt sta t u s of t he c on st ru ct io n of t he sa me , the 17 All ote e / P ur ch a se r/s h a s/ ha ve a gr eed to pa y t he a f ore sa i d a gree d co n sid e ra t io n t o t he Prom ote r here i n i n the m a n ne r det a ile d he rei n a bo ve . T he Al lo te e /P u rc ha ser /s he rei n sha ll pa y t h e a fo re sa id c on si dera t io n to the Pr om ote rs h e re in o n d ue da te o r w it hi n 8 (e ig ht) da y s fr om th e All ote e / P ur ch a se r/s re cei v in g t he wr itte n in tima t io n by ema il / c ou rie r/ spe e d p os t fr om th e Pro mot er a s ki ng th e A llo ttee/ P ur c ha se r/ s t o ma ke the pa y me nt. T he Al l ottee / P ur c ha ser/ s h erei n s pe ci fi ca l l y a gre es th a t he / s he /t he y s ha ll pa y a f ore sa id a mo u nt a lo n g wit h t he s er vi ce ta x , V A T, G S T a nd a n y o th e r ta x / ces s a p pl ica ble f ro m time to t ime a n d t h e ra te of s u ch S e r vi ce ta x , V AT , G S T, Ce ss e tc . ma y c ha nge a n d t he a llo ttee/ Pur c ha se r/ s a g re e s t o pa y th e a b o ve a s pe r th e pr ev a il i ng ra te on th e da y of pa yme nt . T h e pre va i li ng ra te ca n be cr os s ve ri fi ed by t he a llo tte e / p u rc ha se r/ s by vi si ti ng t he w eb site of t he c o n cer ne d de pa r tme nt / a ut h ori ty . P AY M E NT O N T IM E I S T H E O NE OF T H E MA IN A ND I MP O RT A NT ES S E N C E O F T HIS A GR EE M EN T F O R S AL E. T he Pr om ote r he re i n in f orm ed to t he A ll ot ee/P ur c ha se r/ s he rei n tha t , a f ore sa id pa ym e n t has to be ma d e by the Al lo tee/P u rc ha s er/s by Che q ue s /D e ma nd Dra f t/R T G S is su ed/ dra w n i n t he na me o f “M/ s S hre ej i R e a lt y ” pa ya b le a t S t a te Ba n k O f In dia , Sa tpu r B ra nc h , Na s h ik , bea ri n g Ac co u nt No . 3 7 62 4 2 5 1 5 23 , I FS C Co de SB I N 0 0 03 8 7 2 . How e v e r in ca se t he All otee /P ur c ha se r/ s ma k in g a n y pa y me nt by a n y ou tsta ti on c he q ue s/ de ma n d dra ft s, th e da te of pa yme nt s ha ll b e t rea ted a s a nd w h e n t he sa i d a mo u nt i s cre dite d t o the a c co u nt o f t he P ro mote r a nd o n ly t o t he e xt ent o f t he a mo u nt l eft a fter d ed u cti on of a n y co mmi ss io n/ c oll e c ti on c ha rg es or ot her c ha rges wh i ch ma y be c h a rged by t he ba n k . It is a g re e d t ha t , th e Allot ee/P ur c ha ser/ s h a s to pa y V A T, Ser vi c e ta x, G S T or a n y ot he r ta x / le vie s/ ce ss es a s a p pli ca b le t ime to tim e a s pe r the r ul e s , n oti f ica ti on s of a n y go ve rn me nt / go ver n me nt bo d y a lo n g wit h the do c ume nt a ddi ti on a l to t he a bo ve me nti o ned c ost b ut, i f a t a ny time , a fte r e xe c ut io n of t hi s a g reeme nt , any a ddit io na l ta x/d ut y /c ha rge s/p rem iu m/c es s/ s ur c ha r ge e tc . su c h a s Sa les Ta x, V A T, G S T, Wo rk Co nt ra ct T a x, A dd iti o na l p rem iu m, et c o r b y w ha te ve r na m e ca l le d , is le vie d or re c ov ere d or be co mes pa ya ble u nd er any sta t us /r ule /re g u la ti o n not if i ca ti o n or der/ ei the r by t he Ce nt ra l or t he 18 Sta te G o ve r nm e n t or by t he lo ca l a ut h ori ty or b y a ny re ve n ue o r ot her a ut ho rit y , i n re sp e c t o f t he sa id la nd o r t he lo ca l a ut h ori ty , i n r es pec t o f the sa id la nd o r t he sa i d F la t/ Apa rtme n t o r t h is Ag reem en t or th e tra n sa cti o n he re i n, sha ll e x cl us i vel y be pa i d / b or ne by t he All otee/ P ur ch a se r/s a l on g w i th in tere st , i f a n y. T he A ll otee /P ur c ha s er/ s sha ll pa y w it hi n 7 (s e ve n) da y s t o th e Pr omo ter t he a mo u nt t owa r ds su c h ta x / du ty / c h a rge s / pr e mi um / ce ss / su r cha rge , et c. a s a nd whe n c ha r ge d a nd de ma n de d b y t he Pr om ot er. 2. 5 . Th e Pr om ote r ha v e a t th e ir so le d is cre ti on t o a p po i nt a ma na g eme nt Com pa ny fo r p ro v idi n g t he ma i nte na n ce o f th e b u ild i ng/ s a nd c omm o n a men iti es f or a pe r i od up to a per io d of 1 (o ne ) Yea r . T h e sa i d ma i nte na nc e se r vi ce s sha ll be o nl y towa rds t he c omm o n a r e a s a n d a men iti es a n d pa yme n t o f b ill s f or co mm on wa ter pu mp s/ l ig ht s, e tc . a nd gen era l ma i nt e n a n ce of t he bu il di ng , co mm on a rea s, ga rde n , et c . l if ts , se cu rit y s y ste ms , a n d oth e r e q u ipme nt , et c. a nd pr ov is io n o f s ec ur it y ser vi ce s ca n c ome fr o m a n y Se c urit y Age n c y . F ro m t he da t e o n t h e lette r of t he p os se ss io n f or f it -o ut in re spe c t of t he sa id fla t to th e All otee/ P ur ch a se r/s h e re i n sh a ll be lia bl e to bea r a nd pa y t he ma i nte na nc e c ha rge s to t he ma i nt ena n ce co mpa n y. Fo r t he a fo re sa id pu rp ose a t t he ti me of de li ve ry o f po ss ess io n o f t he sa id fl a t, t he All ottee / P ur c ha s e r/ s he r e i n ha s a gre ed t o pa y R s . 1, 0 0 0/ - (R upe es O ne T ho u sa nd O nl y) pe r mo nt h u pto i n itia l 1 2 (twel ve) m o nt hs , s u bje ct t o rev is i o n o n m ut ua l c o n se nt o f A ss oc ia ti o n o f Apa rt me nt a nd ot he r s erv i ce pro v ide r. T he sa id A ss oc ia ti o n o f A pa rt me nt sha ll ca use th e ma i nte na nc e a s sta ted a bo ve f or th e sa i d pe ri od uti li zi ng the sa i d a m o un ts . It is a l s o u nde rst oo d a n d a g re e d t ha t i n a n ev en t t h e m on th l y a m o u nt a s sta t ed a bo ve fa ll in g sh or t fo r th e ma i nte na nc e of t he pr o je ct a nd it se em s t o b e in s uf f ic ie nt t o ke e p t he pr oj e c t i n t he be st of it s co n dit io n t h en t he G ov er ni ng b od y o f t h e As s oc ia ti o n o f A pa rt men t s ha ll ta ke t he d eci si o n to i n crea se t h e ma in te na n ce a m o un t a n d the sa me i n cre a se d a mo u nt sha ll be bi nd i ng o n a ll t he Al lo ttee / P ur c ha se r/s o f t he p ro je ct a n d eve ry o ne s ha l l a d he re to t his i n cr ea se a nd pa y th e in c r ea sed ma i nte na nc e a m o un t i mme d ia te l y wit h ou t a n y d ela y t o t he A ss o cia tio n of Apa rt me nt. T he All ote e /Pu r ch a se r/s s ha ll a l so b e li a ble to pa y a n y ta xes su c h a s s e r vi ce ta x, V AT , G S T, ce ss , or a ny ot her ta xes , e tc ., i f a ppl ic a ble a s re ga rd s to th e sa i d ma i nte na n ce se r vi ce to b e pr o vi ded b y the As so c ia ti o n o f Ap a rtme nt . I t i s s pe ci fi c a ll y a g reed a nd c ov e na nted tha t t he Al lo te e /P u rc h a se r/ s w h o wi ll be co m e the mem ber of t he u ltima te orga n iza t io n by p ur c ha s i ng t he f la t/a pa rt men t, sh a ll n ot ra is e any dis p ute a s r e ga r ds t h e ma i nte na nc e to be ca r rie d o ut b y t he Ap ex b od y 19 of t he sa i d A s so cia ti on o f Apa r tme nt . T he A ll ote e / Pu r cha se r /s s ha l l f u rt her a ls o d epo sit w it h t he Pr om o ter a t the ti me o f ta k in g po sse ss io n o f th e s a id F la t/ Apa r tme nt R s . 2, 1 5, 0 0 0/ - (R s. Two La k hs F if t een T h ou sa nd On l y) f or s ma l l a pa rtme n t and R s. 2 ,6 5 , 00 0/ - (R s. T wo La k h s Si xt y F i ve Th o usa n d On l y) f or la rge a pa rtm e n t, as pe r the s ize of th e fla t t owa rd s ma i nte na n ce de p osi t/ co rp us . Th e a mo u nt to be p a id t owa rds t he ma in te na n ce d epo sit/ co rp us is Rs . ___ ___ ___ ( Ru p e es _ ___ ___ __ ___ __ __ ) . T ota l de p osi t re ce i ve d fr om a ll th e a ll otee/ p u rc h a ser/ s to get her w ill b e kept by t he A ss o cia tio n o f Apa rt me nt se c ure d wi t h so me na t io na l ize d b a n k a s a fi xe d de po sit w it h fo ur A ut h ori zed Si gna t or ie s a nd t he i nte res t re c e i ve d fr om s u c h f i xed de po si t wil l be u s ed towa rd s the m a i nt ena n ce of t he p ro je ct . T he s a id ma i nte na nc e de p osi t/ co rp us s ha l l be ha nde d ov e r w it h o ut a n y i nte r est to t he A ss o cia t io n of A pa rt me nt o f t he a l lott ee/ pu rc ha se r /s o n t he sa id bei n g f orm ed a nd wit hi n 9 0 ( ni net y) da y s a ft er re c e i vi ng t he le tte r f r om t he a pe x b od y of th e A ss o cia t io n of Apa rtme nt a lo ng w it h t he re so lu tio n s pa sse d i n t he G ene ra l bo dy meet i ng t o ta ke ov e r t he a mo u nt fr om the pr om oter a nd d e po sit it i n t he sp ec i fi c ba n k w he re t he a c co u nt o f the As so ci a ti o n o f A pa rtm en t h a s bee n o pen ed . Aft e r re c e i vi ng a w rit ten req ue st o nl y sig n ed b y t he Ap ex bo d y a lo ng w it h th e re so lu ti on a s ment io ne d a b o ve t he pro mot er wi th i n 9 0 ( ni net y) da y s f ro m the da te of t hi s let ter wi ll ha nd o ve r th e en tire a mo u nt co lle ct e d a ga i ns t co rp us f u nd s b y a si ng le c heq ue to t he A ss o cia tio n o f Apa rt me nt o f t he sa id pro je ct . It i s spe ci f ica ll y c o v ena nte d t ha t t he A ll ottee / P ur c ha ser/ s h a s/ ha ve ma de h im se l f/ he rse l f / t hem sel ve s wel l a wa re of th e co n c ept of ma i nte na nc e t hr o ug h the ma i nt ena n ce c om pa n y a n d t he Pr om ot er ha ve gi ve n a l l ne ce s sa r y in f or ma ti on t heret o t o t h e All ott ee / Pu r cha se r /s a nd ha vi ng c om ple t e l y s a tis fi ed t he ms el ves , the All ott ee / P ur c h a ser/ s ha s /ha v e e nte re d i nt o these p res en ts a nd f urt he r c ov en a n t no t to ra is e any dis p ute th e re t o in f ut ure , in c lu di ng t hr ou g h t he u l tima te orga n iz a t io n o f t he Fla t / A pa r tme nt p ur c ha s ers . T he Pr om ote r s ha ll pr ov ide me c ha ni ca l pa r k in g in t he sa id pr o je c t, th e sa id me c ha ni ca l pa r ki ng s ha l l be a ll otte d to so me o f t he A ll ot tee / Pur c ha se r/ s , but sha ll be ma i nta i ne d b y a ss o cia t io n o f a pa rtme nt o wne rs or so c ie t y w h ic h e ve r t he ca se ma y b e. H owe ver t he ma i nt ena n ce a mo u nt s ha ll not di f fe r o n t he ba si s o f t he p a rk in g. 20 2. 6 . T he T ota l Pri ce is e s c a la ti o n - fr ee, sa ve a nd ex cept i nc rea ses w h ic h the A ll otte e / P ur c ha se r/ s he re b y a g ree s to pa y, d ue t o i nc re a se o n a c co u nt o f d e v e l opm e nt c ha r ge s pa ya ble to t he c om pete nt a u th ori ty a nd/ or a n y ot he r i n cre a se i n c ha rge s wh i ch ma y b e le vie d or imp o sed b y the c omp ete nt a ut h or i ty fr om tim e t o ti me. T he P ro mo ter u nde rta ke s a nd a gree s tha t w h ile ra i si ng a de ma nd on t h e Allo ttee / P ur c ha se r/s f or in cr ea se in de v e lo p me n t c ha r ges , c o st /c ha r ges i mp ose d by t he co mpe te nt a ut h ori ti e s, t he Pr om oter s ha l l e n cl os e the sa id no ti fi ca t io n/ or de r/ r ule /re g ula ti on t o t ha t e f fe ct a l on g w it h t he d ema n d lette r be i ng is s ue d to th e Al lo ttee / P ur c h a ser/ s, w hi c h sha ll o nl y be a ppl ic a ble o n s ub se q ue nt pa ym en ts . Th e Prom ote r ma y c ha r ge th e All ottee / P u rc ha se r / s se pa ra te l y f or any u p - gra da ti o n/ c ha nge s / a ddit io na l w or k a s sp e ci f ica ll y re qu est ed o r a ppro v ed b y th e All o ttee / Pur c ha ser/ s i n f itt in gs , f ixt u re s a nd spe ci f ic a tio n s a n d a n y o th er fa cil it y whi c h ha ve be e n do ne o n t he All ott ee / P ur c ha se r/s re q uest o r a ppr o va l but w hi c h ha ve n ot be e n a gre e d u po n he rei n . T he P ro mot e r he re i n on re a c hi ng a f or esa id co n str u ct io n m ile st on e/sta ge sha ll i nti ma te t he a m o u n t pa ya b le a s sta t ed a bo ve i n writ i ng / b y dig ita l E -ma i l / b y S M S me ssa ge / b y w ha tsa pp messa ge t o th e Al l ottee / Pur c ha ser/ s a nd t he A llo tte e / P ur c ha ser/ s sha ll ma ke pa yme nt o f s u c h due a m ou nt to t he P r omo te r w it hi n se ve n da y s fr om da te o f r e cei v in g su c h i nt ima t io n . Th e All otte e / P ur c ha se r /s h ere in spe c i fi ca l ly a gree s tha t he/ sh e /t he y s ha l l pa y th e a f ore sa i d a m ou nt a l o ng wi th t he S erv i ce Ta x, V A T , G S T a n d s u ch o t he r ta x es , ce ss es, cha rge s et c. wi th ou t a n y dela y a lo n g w i th e a c h in sta l lme nt . 2. 8 . T he P ro m ot e r ma y a l lo w , in h is/ he r/t h eir so le d is cr eti on , a reba te fo r ea r ly pa y me nt s o f in sta l lme nt s pa ya b le b y t he Al lot tee / P ur c h a ser/ s by di s co u nti n g s u c h e a rl y pa y me nts @ 9% per a n n um f or t he pe rio d b y whi c h t he re s pe cti ve in sta l lme nt ha s be en prep o ned . T he p ro v is i on fo r a llo wi ng r e ba te a nd su c h ra t e o f reb a te sha ll no t be s ub je ct to a n y rev is io n/w it hd ra w a l , o n ce gr a n te d t o a n Al lott ee / P ur c ha s er/ s by t he Pro mot er. T he sa me i f re q ue ste d b y t he All ottee / Pu r cha se r/s a nd o nl y a fte r w rit te n co n se nt by t he Pr om oter a nd a wri tte n sta t eme nt t o t ha t ef fe ct i mme d ia te l y w il l onl y b e c on si dere d. A n y cl a im la ter a fte r 1 5 da y s fr om s u ch pa ym e n t w ill n ot be c o ns ide re d a nd wil l no t b e a dj u sted du ri ng t he f ul l a nd f i n a l pa ym e n t. 3. ADJ US T ME NT/ AP P RO P R IA TI ON 0F P A YM ENT S : T he A ll otte e / P u rc ha s e r/s a ut h ori se s th e Pr omo ter t o a d j us t/a p pr opr ia te a ll p a y me nts ma d e b y hi m/ he r /t hem u nde r a n y hea d (s) o f d ues a ga i nst 21 la w fu l ou tsta n di ng , if a n y, i n hi s/ her /t hei r n a me a s t he Pr om oter ma y i n its s ol e di s cre t io n d ee m fi t a n d t he Al lot te e / Pur c ha ser/ s un der ta ke s n ot to ob je ct/ de ma nd /di r ect th e Pr om ote r t o a dj u st hi s pa y me nts in a n y ma n ne r. 4. I NT E RES T ON U N P AI D D UE A M O UNT : Wit ho ut p re ju di ce to t he ri gh t o f t he Pro mo ter t o t a k e a cti o n f or brea c h a ris i ng o ut o f de la y i n pa yme nt o f th e i n sta l men ts o n t he d ue da t es, t he All otte e / Pu r cha se r/s sha ll be bo u nd a nd l ia ble t o pa y i nt ere st a s per Sta te Ba n k o f In dia hi ghe st Ma rgi na l C os t o f Le nd i ng R a te pl us 2 % per a n nu m, w it h m o nt hl y rest s, o n a l l t he a mo u nts wh i ch be co me d ue a nd pa ya ble by t he A ll ott ee / Pu rc ha ser /s t o t he Pr om ote r til l t he da te o f a ct ua l pa ym e n t, pr o v ided t ha t te nde r o f the pr i nc ipa l a mo u nt s a nd int e re st o r te nde r o f t he i nte re st a nd e xpe n ses t he re of s ha ll n ot i tsel f b e co n sid e re d a s w a i ve r of t he r ig ht o f t he Pr o mote r u nde r th is A gre eme nt, no r s ha l l it be c on st r ued a s c o nd o na ti o n o f dela y b y t he Pr om ot er. T he a mo u nt o f i nte re s t ma y or ma y n ot b e in fo rme d to t he A ll ottee / Pur c ha se r/ s fr om t ime to ti me a nd ca n b e a c co u nte d o n c omp let io n o f the sa id pr o je ct/a p a r tme nt, a nd th e A ll ot tee / P ur c ha se r/ s ha s/ ha v e a gre e d to pa y t he sa m e a s a nd w he n de ma n ded be f ore t he p os se s sio n of the sa id f la t/ a pa r tme nt . 4. 1 T he Pr omo te r s ha l l c on f irm t he fi na l ca r p et a rea t ha t ha s be en a llo tte d to t he A ll otee /Pu rc ha ser /s a f ter th e c on str u ct io n o f t he B u i ldi n g is c omp le te a nd th e oc c upa n c y ce rti fi ca te is gra nte d by t he c o mpete nt a ut ho rit y , b y f ur ni s hi ng de ta il s o f th e c ha nge s, i f a n y, i n th e ca r pet a re a , su b je ct to a va r i a tio n ca p of t h ree pe r ce nt . T he t ota l pr ic e p a ya b le fo r t he ca rpe t a re a sha ll b e re ca l c ula t ed up on c on f irma ti on by t he Pro mot e r. I f t he re i s a n y red u cti o n in t he c a rpet a rea wi th i n t he def i ned limi t t he n Pr om ote r s ha l l re f u nd t he e x ces s mo ne y pa id b y All o ttee / Pur c ha se r/ s w it hi n 4 5 (f or ty - fi ve ) da y s w it h a n n ua l i nter est a t t he ra te spe ci f ie d he re i n a bo ve f or dela ye d pa y me nt, fr om t he d a te w he n s u ch a n e x ce s s a mo u nt w a s pa id b y t he Al lo tee/ Pur c ha ser/ s . I f th ere is a n y in cr e a se in t he ca r pet a rea a ll otte d to All ot ee/P ur c ha se r/ s, t he P r omo ter sha ll d e ma nd a ddit io n a l a mo u nt fr om t he A ll otee/ Pu r ch a se r/s in t h e ne xt mile st on e o f the Pa y m ent Pl a n . Al l the se m o neta r y a dj u stme nt s s h a ll be ma de a t t he sa me ra t e per s q ua re m eter a s a greed in Cla u se 2 . 1 of t h is Agre e me nt . 4.2 S ub je ct t o t he te rm s of th e Ag reem en t a n d the P ro mot er a bid in g by the co n str u ct io n mi l est on es , th e Al lot tee / pu rc ha ser s ha ll m a ke a l l 22 pa y me nts , o n de ma n d by t he Pr om oter , wi thi n t he st ip ula ted t i me a s men ti on ed i n the Pa y me n t Pla n th ro ug h A/ c pa yee c he q ue/d ema nd d ra f t or o nli ne pa y me nt i n f a v ou r o f „ M /S S HR E E J I R E A L TY‟ pa ya bl e a t N a s h i k. 5. O BS E R VA TI ON OF CO ND IT IO NS I MP O S ED B Y L O CAL /P L A N NI NG AU T HO R ITY : T he Pr om ote r h e re by a gre e s to ob ser ve , pe r fo rm a nd co mp ly w it h a ll t he term s, c o nd iti o ns , sti pu la ti o ns a n d res tri ct i on s i f a n y, w hi c h ma y ha ve bee n im po se d b y t he co n ce rn e d l o ca l a ut h o rit y , s ta te a nd or Cen tra l G ov er nme nt a t t he ti me o f sa n cti o ni ng t he pla ns o r a n y t ime t h erea fter or a t t he ti me o f g r a nti n g C om ple ti on Ce rti fi ca te . T he Pr om ot er s ha ll bef or e ha ndl i ng o ve r po ss e s si on o f th e sa id fla t/ a pa rtme nt to th e All ottee / P ur c ha s e r / s he re i n , ob ta i n f rom t he c o nc er ned p la nn i n g/l oca l a ut ho rit y/ de ve l op me nt co ntr ol li ng a ut ho rit y o c cu pa ti o n / c om plet io n cer ti fi ca te in re s pe ct of t he s a id fla t/ a pa rtm en t. N otwi th st a nd in g a n yt hi ng t o t he co nt r a ry co nta in ed h erei n , t he All otte e / P ur c h a ser/ s sha ll n ot be e n tit le d t o c la i m p os ses si o n o f the sa i d fla t/ a pa r tme nt u nti l the c om ple t io n ce rti f i ca te is re ce iv ed fr om the l oc a l a ut h ori ty a nd th e All ottee / P ur c ha se r/ s ha s p a id a l l d ues pa y a ble u n der t hi s a gr eem ent i n resp ec t o f t he sa i d f l a t/ a pa r tme nt t o t he Prom ote r a nd ha s p a id t he ne ce ssa r y ma i nte na nc e a mo un t/de po si t, se r vi ce ta x, V A T a nd ot h e r ta xe s pa ya ble u nde r thi s a gre e me nt of th e s a id f la t/a pa rt me nt to the Pro mot er. T he Al lo tte e / P ur c ha s e r is /a r e sa ti s fie d a b ou t a ll t he o bse r va ti o ns a nd per fo rma n ce s o f T he Pro mot e r w hi c h a r e ob ser ve d / o bs er vi n g a n d per fo rme d / pe r fo rmi ng by t he Pr om oter whi le de ve lo pi ng t h e sa id pro je ct a n d ma ki ng t h e co n str u ct io ns a s i m po sed b y t he c on ce r n ed lo ca l a ut ho rit y a t t he tim e of sa n ct io n in g th e sa i d pla ns a nd t herea ft e r. T he Pro mot er w i ll c omp l y a ll t he co n dit io ns st ip ula t ed a s a b o ve, h owe ver th e Pro mot er sha ll n ot b e re s po ns ib le fo r a n y ot her c on dit io n s / ob ser va nt whi c h is / a re n ot sti p ula t e d a s a t erm o f c o nd iti o n w hil e sa n ct io ni ng th e sa id pla n s a n d t he p r o mo te r s ha ll n ot b e f urt he r re sp o ns ibl e f or a n y o r a ll c o nd iti o ns / sti pu la tio n s w h i ch is / a re n o t a s pe r th e pre va ili n g rul es , reg ula t io n a n d Ac t, la i d d ow n by t he Au th or i ty . Ti me is es se nc e fo r t he Pro mo te r a s w ell a s t he All ott ee/P ur c h a ser/ s. T he P ro mo t e r s ha ll a bi de b y t he t ime s ch ed u le f or c om plet in g t he pro je ct a nd h a n di ng o ve r t he Apa rt me nt/ Fla t t o t he All ottee /P ur c ha s er/ s a nd t he co mm on a re a s to the a ss o cia t io n of t he Allo ttee/ P ur c ha se r/s a fte r rec ei vi ng t he oc c upa n cy ce rti fi ca t e / c om plet io n c ert i f i ca te . S i mila rl y, 23 the Al lo tte e / P ur c ha se r/s s ha l l ma ke tim el y pa y me nts of t he i ns ta llme nt a nd ot he r d ue s pa y a ble by h im/ her /t he m and mee ti ng t he ot her obl iga t io n s u nd e r th e Agree me nt s ub je ct t o the s im ult a n eo us co m plet io n of co n str u cti o n by t he Pr om oter a s p ro vi ded i n c la us e 2. 4 her ei n a bo ve . (“P a ym e n t P la n ”) . How so e ve r f or t he p u rpo se o f de f ec t li a bi li ty o n t owa r ds th e pr o mote r, the da te s ha l l be ca l c ula t ed fr om t he da te of ha nd in g o ver po sse ssi o n to the Al lot te e / P ur c ha ser/ s f or f it o uts a n d i nter io r w or ks a nd t ha t th e sa id lia bi lit y s ha ll be th ose re sp on si bi liti es whi c h a re n ot co ve red u nde r ma i nte na nc e o f t he sa id f la t/a pa rt me nt / b u ild in g /p ha s e/wi n g a s sta te d in t he s a id a gre e me nt . T ha t f urt he r it ha s b een a g ree d b y th e All ottee / Pur c ha se r/ s t ha t a n y da ma ge o r c ha n ge do ne w it hi n th e fla t /a pa rtme nt sol d or i n t he b uil di ng / pha se/ wi ng d o ne b y h im/ t hem o r by a n y th ir d pe rs o n o n a nd be ha lf o f t he A ll ottee / Pu r c ha se r/s t he n th e A ll ottee / Pur c ha se r/ s e x pre ss l y a bs ol ve s the pr omo ter fr om t he sa m e lia bi l it y a n d spe ci f ica ll y co n se nts t ha t on s uc h a ct do ne , he s ha ll wa iv e h is ri ght to e n fo r ce t he de fe ct l ia b ilit y o n a n d t owa r ds t h e pr om ote r. 6. D IS CL OS U R E AS T O FL OO R S P A C E I ND EX : T he Pr om ote r he r e b y dec la re s th a t th e Fl oo r Spa ce I nde x a va ila bl e a s on da t e i n r e sp e c t o f t he p ro je ct la nd i s 7 2 28 . 3 2 s qua re m eter s. T he Pro mot e r ha s pla n ne d to ut il ise F lo or Sp a ce In de x be twee n 2 4 09 . 4 4 sq ua re me te r t o 7 2 2 8. 3 2 s qua re mete r pl us t he ba l c o ny a r ea , dou ble he i g ht te rr a c e a re a , pa s sa ge s, l ob by , et c will be a d ded t o t h e a bov e a re a . T he Pr om ote r s h a ll ut il ize t he a bo ve Fl oo r Spa ce I nd ex b y a v a ili ng of T DR o r F SI a va ila ble o n pa ym en t of pr emi um s o r F SI a va ila ble a s in ce nt iv e F S I b y i mp leme nt in g va ri o us s c hem e a s me nti o ned in t he De ve l op me nt Co nt ro l R egu la t io n or ba s ed on ex pe cta t io n o f in c rea se d F SI w h i ch ma y be a v a ila b le i n f ut ure o n mod i fi ca ti o n t o De v el opm en t Co ntr ol R e g ula tio n s, whi c h a r e a p pli ca ble to t he sa i d Pr o je ct . Th e Pro mot e r ha s d is cl os e d t he Fl oo r Spa ce I nd ex a s p ro po sed to be uti li sed by hi m o n t he p ro j ect l a n d i n t he sa id Pro je ct t o t he Al lo ttee / Pur c ha se r/ s a nd t he All ottee / Pu r cha se r/s ha s a gree d to pu rc h a se t he sa id fla t/ Apa rtm e n t u nde rs ta n di ng t he pre s ent co n str u cti o n g oi ng on t he sa id la nd a n d t he p ro po sed c on st ru ct io n a n d sa l e o f f la ts / a pa rtm ent s t o be ca rr ie d ou t b y t he Pro mot er b y uti li si ng t he p ro po sed F SI a n d on th e u nde rsta n di ng t ha t t h e de cla r ed pr opo se d F SI sha ll bel o ng t o P r omo ter on l y. It is h e re by d e c la re d t ha t , sa nc ti on ed pla n/ s ha s/ ha ve bee n s h ow n to the 24 All ottee /P ur c ha s e r/ s a nd t he fl o or spa ce i nd ex ( F SI ) a va i la b le & u tili zed till da te is s h ow n i n the a for e sa id pla n/ s . Sim ila r l y, th e fl oo r spa ce in dex , i f a n y, uti lize d a s fl oa t in g fl o or spa ce i nde x or i n a n y ma nn er, i. e. to sa y , F S I o f t he sa id la nd t ra ns fe r o n o the r pr ope rt y o r F S I of th e ot her pr ope rt y be in g T DR t ra n s fe r o n t he s a id la n d i s a l so s how n o r o n sa n ct io n w il l be s h ow n in t he sa n ct io n bu il di ng pla n/ s. In t h is a gree me nt, t he w ord FS I/ FAR / T DR o r f lo o r a rea ra ti o s ha l l ha ve t he sa me mea ni n g a s u nde rst oo d by t he pl a n ni n g a uth or i t y u nd er its r el eva nt bu ild i ng re g ul a ti o ns or b ye - la w s. T he Pr om ote r ha s p u rc ha se d t he T DR fr o m S hri . Ka n ha i la l C h eta n da s Ma n wa ni a n d ot he rs by a Sa l e Dee d da ted 0 2/ 1 2/ 2 0 17 ou t of T DR Cert if i ca te N o. 7 2 7 t o ta ll y a dm. 31 8 8 5 sq . mtrs . o ut o f t he sa me t he Pro m ot er ha s p ur c ha s e d t he T DR to t he e xt ent o f 1 8 83 . 0 6 s q. mtr s. T he sa id Sa le De e d ha s re gis te re d i n t he o f f ic e of S ub R egi stra r Na s h i k - 7 , a t sr. no . 24 6 6 o n 0 2/ 1 2/ 2 01 7 . T he Pr om ote r s ha ll ha ve ri gh t o f pre -em pti o n or fir st ri g ht t o u til i ze t he resi d ua l o r a v a ila ble FS I or w hi c h ma y be in c rea s ed fo r wha tso ev er rea s o n i n re s pe ct o f t he sa id la n d or a n y o the r FS I / P RE M I UM FS I/ FS I FO R ROA D, A M EN TI ES S P A C E ET C /TD R ( Bu il da bl e P o tent ia l) gra nted b y th e a pp ro p ria te a ut h orit y a nd a ll owed t o use t he sa me on t he sa id la n d by co n str u cti o n or ra i si n g any a dd iti o na l flo or /s of t he bu ild i ng/ s w h i ch i s/a r e un de r c on str u ct io n or to be c o nst ru ct ed on t he sa id land or any o the r la nd . T he A ll o ttee/P ur c ha ser/ s h ere in by exe c uti ng t he se p re se nts ha s /h a v e gi ve n h is/ he r/t he ir ir re v oca ble co n se nt f or t he a f or e sa i d p ur po se s a nd no se pa ra t e co ns en t will be req ui red i n t hi s re ga rd . 7. D IS CL OS U R E AN D l NV ES T IG AT IO N O F MA RK ET ABL E T ITL E : T he P ro mot e r ha s ma de fu ll a n d tr ue di sc l os ure o f t he tit le of t he sa i d la n d a s we l l a s e nc u m bra nc e s , i f a n y , kn ow n t o t he Pr omo ter i n t he t itl e rep ort o f t he a dv o ca te . T he P ro mot er ha s a l so d is cl os ed t o th e All ottee / Pur c ha ser/ s na tu re o f its ri gh t, ti tle a nd i nte res t or ri g ht to co ns tr u ct bu ild i ng/ s, a nd a l so g ive n i n spe ct io n o f a ll doc um en ts t o the A l lott ee/ Pur c ha ser/ s . a s r e q ui r e d b y t he la w. T he A llo ttee / Pu rc ha ser /s ha vi ng a cq ua in ted h im se l f/ he rse l f / the mse l ves wi t h a ll fa c ts a nd ri gh t of t he Pro mot er a nd a fte r sa ti s fa c ti on o f t he s a me ha s e nte red in t o t his Agree me nt . 8. S P E C I FI C AT IO NS AND AM EN IT I ES : 25 T he Sp e c i fi ca ti o ns a nd a me nit ies o f t h e fla t/ a pa rtm en t t o b e p ro vi ded by the Pr om ote r i n th e sa id p ro je ct , i n t he s a id fl a t/a p a rtm en t a r e t ho se tha t a re se t o ut i n S ch e d ul e I II h ere i n b el ow. Al so t he C omm o n a me n iti e s f or t he sa i d pr o je ct o n t he sa i d la nd a re se t o ut i n t he S ch e du l e IV h e rei n be lo w. As t he pro je ct is m u lti sto rie d bu ild i ngs /w i ng s a nd co ns ide ri ng to ma inta i n th e sta bil it y of t he bu ild i ngs /w i ng s a nd i nte rna l s tr u ct ure s, t h e a ll ottee / P ur c ha s er /s a re be i ng sp e c i fi ca l ly i n fo rmed t ha t t he c o ns ul t a nt s o f t he p ro je ct ha ve n ot a llo w e d a n y in te r na l cha ng es . As pe r th e pol ic y o f t he fir m of t he pro mot e r t he re sha ll be no c us to mi sa ti o n p erm itte d i ns ide t he sa i d fla t/a pa rtme nt . Cha n g es s u c h a s ci vi l, e le ct ri ca l , pl u mbi n g et c . s ha l l not be a l lo w e d . 9. C O MP L IAN C E O F L AW S R EL AT I NG T O RE M IT TAN C ES 9. 1 . T he All ott e e / Pu rc ha ser/ s, i f r es ide nt ou ts ide I ndia , s ha ll be so lel y re sp o ns ib le f or c om pl yi ng wi th t he n ec es sa ry for ma l itie s a s la i d dow n i n Fo re i g n E x c ha nge Ma n a geme nt Ac t, 1 9 9 9, R eser ve Ba n k o f In dia Act a n d R ule s a n d R e gu la ti o ns ma de t here u nd er or a n y sta t ut or y a me ndm ent( s) , mod i fi ca ti o n( s) ma d e t her eo f a nd a l l ot he r a ppl ica ble la ws i n cl u di n g tha t of re m itta n ce of p a yme nt a c q ui sit io n/ s a le/tr a n s fer of i mm ov a ble pro pe r tie s i n I ndia e t c. a nd pro v ide t he P r omo ter w it h s uc h p er mis si o n, a ppr o va l s w hi c h w o u l d ena ble th e Pr om ot er to f ul l fil l it s o bl i ga ti on s u nde r t hi s Ag re e m e n t . A n y re f u nd , tra n s fe r o f s ec u rit y , i f p ro v i ded i n te rm s o f t he A gre e me nt s ha ll b e ma de i n a c co rda n ce wi th th e pr o vi si o ns of F ore ig n E xc ha n ge Ma n a gem en t A ct, 1 9 9 9 o r st a t uto r y e na c tm ent s o r a me n dme nt s t he r e o f a nd t he R ul es a nd R e g ula t io n s o f t he R e ser v e Ba n k of In dia or a ny ot her a ppl i ca bl e la w . T he Al lo ttee / P ur c ha s er/ s u nde rsta n ds a nd a gre es t ha t i n t he e ve nt o f a n y f a il ur e o n hi s/ h e r pa r t to c omp l y w it h t he a p pli ca b le g uid eli ne s is s ued b y t he R ese rv e B a n k o f In dia , he / s he s ha l l be lia ble f or a n y a cti o n u nde r the Fo rei g n E x c ha nge Ma n a ge m e n t Ac t, 1 99 9 o r ot her la ws a s a ppl ica ble , a s a m en de d fr om time to ti me . 9. 2 T he P rom ote r a c c epts n o res po n si bil it y a s per cla u se no 9. 1 a nd t he ma tte r m e n ti on e d t h erei n . T he Al lo ttee / Pur c ha se r/ s s ha ll ke ep the Pro mot e r f ull y i n de m n if ied a nd ha rmle s s i n thi s re ga r d. Wh en ev er ther e is a n y c ha ng e i n t he re side n tia l st a t us o f th e A ll otte e / P ur c h a ser/ s su bse q ue nt t o t he s ig ni ng o f t hi s Ag ree men t, it s ha ll b e t h e so le re sp o ns ib ili ty o f t he All ottee / P ur c ha se r /s to i nti ma te t he s a me i n w rit in g to t he P ro mote r im med ia te ly a nd c omp l y wit h n ece ssa r y fo rma lit ie s i f a n y u nd er t he a p pli ca ble la ws . Th e Pr om oter s ha l l no t be 26 resp o ns ib le to w a rd s a n y t hir d pa r ty ma ki ng p a y me nt/r emi tta nc es o n beha l f of a ny Al lot te e / P ur c ha s e r/ s a nd s u c h t hi rd pa rt y s ha l l n ot ha ve a n y r ig ht i n t he a p pli c a tio n/a ll otme nt o f t he sa i d fla t/ a pa rt me nt a ppl ied fo r he rei n i n a n y w a y a n d t he Pr om oter s ha l l b e i ss u in g t he p a yme nt rec eip ts i n fa vo u r of t he All ott e e / P ur c ha s e r/s o nl y . 10. P OS S ES S I ON OF TH E F L AT /AP AR T ME NT : 1 0. 1 . S c h e du l e fo r p oss ess i on of th e s aid f la t / Ap ar t m en t : - T he Pro mot er a g re e s a n d u nde rsta n ds t ha t t ime ly d eli ve r y o f p os ses s io n o f the fla t / Apa r tme nt i s the e s se n ce o f t he A greem e nt. S ub je ct to rec eip t of f ull c o ns ide ra ti o n/ tota l p ri ce a n d d ue s o f t he Pr om ote r a n d ta xes the reo n a r e pa id by t he Al lo tte e / P ur c ha se r/s/ s i n res pe ct o f t h e sa id fla t/ a pa rt me nt, i n te r ms o f t h e se pre se nt s, T he Pr om ote r, ba sed on t he a ppr o ved p la ns a nd s pe c i fi ca ti o ns , a s s ure s to ha nd o ver p os se s sio n of the sa id f la t/ Apa rtme nt o n 31/ 12 /20 21 . Pro vi ded t ha t t he P ro mote r s ha l l be en tit le d to rea so na ble e xte n sio n of time a s a gre e d b y a nd b e tw e e n t h e A ll ot tee / Pu r ch a se r/s a n d the Pro mot er fo r gi v i ng p os se s si o n o f t he f la t/ Apa rt me nt o n t he a f o resa id da te, a n d t he sa me s ha l l n ot i nc lu de t he p eri od of ext en si o n g iv en b y the A ut ho rit y fo r r e gi stra t io n . F urt he r, i f t he c om plet io n o f b ui l di ng i n whi c h t he f la t/ Apa r tm e nt i s to b e sit ua t ed i s dela ye d o n a c c o un t of f or ce ma je u re a s m e n ti on e d be l ow . (i) T he Al lot te e / Pu r cha se r/s ha s/ ha ve co mmi tt ed a n y de fa ul t in pa y me nt of i ns ta ll me n t a s m en ti on ed in c la u se No . 2 .4 wri tte n he r e i n a bo ve . (ii) An y e x tra work re q ui red to be ca rri ed in th e sa i d Fl a t/ Apa rt me nt a s p e r t h e req uir eme nt a nd a t the co st o f t he All otte e /P ur c ha s e r/ s. (iii ) N on -a va i la b ili ty o f st e e l, ce me nt, na t u ra l sa n d, sma ll s to ne s (k ha d i) o r a n y ot he r bui ldi n g ma ter ia l s, wa ter o r ele ctr i c su pp ly . (iv ) Wa r , ci vi l co m m oti o n or a ct o f Go d. (v) An y n oti ce , or de r , r ule s or n ot if i ca ti o n of t he G o ver nm e nt a nd/ or p ub li c or c om p e ten t a ut ho rit y . 27 (vi ) An y pe r mi ss io n or s a n cti o n fr om t he c o n cer ne d a ut h ori tie s be i ng de la ye d i n spi te the sa m e be in g fo l lowe d up by th e Pro mot e r. (vi i) N on ti m e l y del iv er y a n d i ns ta lla ti on o f a n y s ys tem s, pla nt s a nd e qu ip me nt fr om t he ma n u fa ct ure rs/ di stri b uto rs /a ge n cie s in spi te of th e sa me b ein g fo ll owed u p b y t he P ro mot er a s t he sa id p ro je ct c o nta i n s mod er n a m en iti es a n d fa cil iti es . (vi ii) An y lit iga t io n or a n y o rde r o f a n y C ou rt or ju di cia l fo ru m. T he Pr omo ter h ere in will c om ple te t he c o ns tru ct io n o f t he sa id Fla t / Apa rtme nt i n a ll resp ec t o n or be f ore 3 1/1 2/2 02 1 . A f ter co mpl e ti o n o f co n str u c tio n i n a l l re spe ct s i n resp ec t o f t he sa id Fla t / A pa rt me nt t he P rom ote r here i n wi ll in fo rm in wr iti ng to the A ll otte e /P ur c ha se r /s t ha t t he sa id F la t/ Apa rt me nt i s rea d y a nd o n re cei pt o f s u c h l ette r t he Al lot tee/ Pur c ha ser/ s he rei n sha ll i n spe ct t he sa id F la t/ A pa r tme nt a nd get sa ti sf ied a c co rdi n g t o t he te rm s a nd c o nd iti o ns o f th i s a g reem e nt. A fte r All otte e /P ur c ha s er/ s is/a re sa ti sf ie d he rs el f/ him se lf / the mse lv e s as a f ore sa id , at h is/ he r/t hei r re q ues t t he Pro mot e rs h erei n s h a ll g i ve t he po sse s sio n of t he sa i d Apa rt me nt/ Fla t to th e Allot tee/P u rc ha ser /s on pa y me nt o f a ll due s pa ya bl e by th e Al lot tee/P u rc ha ser / s, tha t t he F la t/ Apa rt me nt i s rea d y a nd co n dit io na l l y th e A llo ttee/ Pu r cha se r/s he r e i n ha s/ ha ve n ot co mmi tted a n y d e fa ult i n pa yme nt o f co n sid e ra t io n i n i n sta llme nt o n d ue da t e t o th e Pr om oter i n pu rs ua n ce o f t he se p rese nt s. I f th e P rom o ter fa i ls to de li ve r the po ss es si on wit hi n p re sc ri bed per i od as de s cri bed he r e i nbe f ore , t he a ll ot tee/ P u rc ha ser/ s w il l be e nti tle d fo r t he a mo u nt o f co mpe n sa ti on a s st a ted he rei n a bo ve s imi la r t o t he de la ye d pa y me nt f or t he a m ou nt s pa i d tow a rd s A pa rt me nt/ Fla t till t he de l i ver y o f t he po sse ss io n . It i s f ur th er a gr eed betwee n t he pa rt ies her eto t ha t , a fte r re c e i vi ng t he po ss es s io n o f t he sa id F la t/ Apa rtme nt b y th e All otte e /P ur c ha s er/ s in p ur s ua nc e of thi s cl a u se , th e All otte e /P ur c ha s er/ s h erei n s ha ll not be e n title d t o ra i se a n y ob je cti o n or to de ma n d a n y a m o un t u nde r wha t so ev er gr o un d fr om th e P rom ote r h erei n . It i s f urt her a gree d be twee n th e pa rti e s t he ret o t ha t o n re ce ipt o f p os se ssi o n o f t he sa i d Fla t / Apa rt me nt b y t he A ll ottee /P ur c ha se r/ s i n pu rs ua n ce o f t he se 28 pre s e nts , it s ha ll be p res ume d t ha t Al lot tee / Pur c ha ser here i n ha s /ha v e a cc e pte d t h e sa i d Fla t/ A pa rt me n t o n a s i s w he re is ba si s a nd e x ti ng ui s h e d hi s/ her/t he ir ri gh t s a s to ra i se a n y ob je cti o n or c omp la i n t u nder w ha t s oe ver h ea d. T he P r om ote r sha ll obta in t he Co m plet io n Ce rti f ica te fr om t he co n cer ne d a ut ho rit ie s w it hi n re a so na b le t ime fr om t h e da te of ha n di ng ov e r of th e p os se s si o n fo r f it -o ut i f t he a l l ottee / p ur c ha s er/ s ha s de ma nd e d t he s a me be fo re re ce i vi ng the co mple ti on / oc c upa n c y ce r ti fi ca t e . On l y a fter re ce ipt o f the C omp leti o n / Oc c upa n c y Ce rti fi ca t e the All ott ee/P ur c ha ser /s s ha ll b e e ntit led to us e a nd o cc u py t h e sa i d Fla t / A pa rt me n t f or it s i nte nt o f re si di ng /re si de ntia l p u rpo se . If , howe v e r, th e c om ple t io n o f t he P ro je ct is d e la yed d ue t o t h e Fo r ce Ma j eu re c o nd iti o ns t he n th e All ott ee / Pur c ha s er/ s a gre es t h a t the Pro mot er s ha l l be e nti tle d to th e exte n s io n o f time fo r del i v ery of po sse ss io n o f t he Ap a rtme nt . T he All ott ee / P ur c ha s er/ s a g ree s a nd co n fi rm s t ha t, in th e e ve nt it be c ome s im p os sib le fo r t he Pr om o ter to impl eme nt the pr o je ct d ue to F or ce Ma je ure c o ndi ti on s, t he n t hi s a llo tme nt s ha ll s ta n d te rmi na te d a nd t he Prom ote r s ha l l re fu nd t he All ottee / Pu r cha se r/s the e nti re a m ou nt r ec eiv ed b y t he Pr omo te r fr om the a ll otme nt w it hi n 9 0 da ys f ro m t ha t da te. A ft er a n y re f u nd of th e mo ne y pa id b y t he A ll otte e / P ur ch a se r/s , A llo ttee / P u rc ha ser /s a gree s tha t h e/ s he s ha ll not ha ve a ny r ig ht s, c la i ms e tc . a ga i n st t he P r omo ter a nd tha t t he P ro mot e r s ha l l be rel ea se d a nd di sc ha rge d f r om a ll i ts obl iga t io n s a nd l ia bi lit ie s u nd e r th is Ag ree m ent . 1 0. 2 . S ch e d ul e f o r p oss ess i on of t h e C o mm o n a m en i ti es : T he Pro mot er he r e i n i s d e ve lo pi ng th e sa id la nd wh i ch c o ns ist s of va r io u s pha se s ha vi n g c omm o n a me nit ie s, t he co ns tru ct io n/ de vel op me nt of t he sa id c omm o n a m e n iti e s w i ll be co mpl eted in d ue co ur se o nl y a fte r co mpl eti o n o f c on st ru cti o n o f a ll t he pr o je ct win gs o n t he sa i d la n d. T he All ottee / P ur c ha se r/ s/ s he re in a g rees a nd c on ve y th a t he/ s he/t he y sha ll no t be e nti tle d to r e f us e to ta ke t he p o s ses si o n o f t he sa i d fla t/ a pa rtm en t on the g ro u nd of n o n - c omp le tio n of a f or esa id c o mmo n a men iti es . T ha t t he A ll otte e / Pur c ha s e r/ s f u rt her a gree t ha t e ve n whe re ' su bsta nt ia l co mpl e ti o n' o f w or k s ha s bee n do ne a nd a fter r e cei v in g Oc c upa n c y/ c om ple ti on ce r ti fi ca t e f ro m the co mpet en t a ut ho rit y po sse ss io n o f t he sa i d fl a t/a pa rtm en t s ha l l be gi ve n. T ha t su bs ta nt ia l 29 co mpl e ti o n w o uld me a n w or k s d o ne t ha t do n ot a f fe ct his us e o r oc c upa ti on o f h is Fla t / a pa rtme nt a nd he ca n c o ha bi t i n th e sa i d fla t / a pa rtm e n t. Ho w e ve r i f t he de vel ope r i s n o t a ll owed b y t he A ll o ttee / Pur c ha se r/ s or a ny p ers on o n his be ha l f to c omp lete t he rem a in in g por ti on o f t he w or ks , it s ha l l be a c ce pted by a nd betw ee n t he pa rti es tha t th e re ma i ni ng w or ks s ha l l be deem ed to ha ve b ee n d on e a s a nd a ga i nst t he de ve l op e r . 1 0. 3 P r oc e du r e fo r t aki n g p oss es si o n - T he Pr omo ter , up o n obt a in in g the o c cu pa nc y / co m plet io n cer ti fi ca t e fr o m t he co mpet en t a ut ho rit y sha ll i n fo rm th e a l lo t ee/ p u rc ha ser /s a b ou t th e r ec eip t of t he s a me i n w rit in g, on re ce i vi n g the in tima ti on / no ti ce of t he sa m e, t he a llo tte e / p ur c ha se r/ s s ha l l ma ke t he pa y me nt a s per th e a gr eeme nt to t he Pro mot e r w it hi n 1 5 ( fi ftee n ) da y s fr om t he da te o f i ss ue o f s u c h no ti ce / int ima t io n fr om t he P rom ote r a n d he/ th ey sha ll g iv e th e po sse s sio n of the A pa rt me nt/ Fla t t o th e Al lot tee/P u rc ha ser/ s o n r ec eipt o f t he f ull pa y me nt a n d a ll re q ui reme nt s a s per t hi s a gree me nt. T he Pr omo ter a gre e s a nd un de r ta ke s to i n dem ni f y t he A ll ottee /P ur c ha se r/ s i n c a se o f fa i l ure o f f u lf il lme nt o f a n y o f th e pr ov is io n s, f or ma l itie s, d o cu me nta t io n on pa rt o f t he Pr omo ter. T he Al lot tee/P u rc ha s er/ s a gree (s ) to p a y th e ma i nte na nc e cha rge s a s det erm i ned by t he Pro mot er or a ss o cia t io n o f All otte e /P ur c ha s e r/ s, a s t he ca se ma y be . T he P ro mot er on its beha l f sha ll o f fe r th e po ss es sio n t o th e All ott ee/ Pur c ha ser/ s i n wri ti ng with in 1 5 ( fi fte e n ) da ys o f r ece iv i ng t he oc c upa n c y / co mpl eti o n ce rti f ic a te o f the Pr o je ct . 1 0. 4 Fa il ure o f Al lo tte e/Pu r ch a se r/s t o ta ke Pos se ss io n o f A pa r tme nt/ Fla t - Up o n r e c e i vi ng a w ritte n i nti ma ti o n fr om th e Pr om ote r a s p er cl a u se 1 0. 3 , t he Al lot te e/ Pu r cha se r/s s ha l l ta k e p os se ss io n of t he Apa rt me nt/ Fla t f ro m t he P ro mot er b y e xe c uti n g n ec es sa r y i n de mn itie s, u nde rta ki ng s a nd su c h ot he r d o cu me nta t io n as pre s cri bed in t hi s Agre e me nt , a nd t he Pr omo ter s ha l l g i ve p os s ess io n o f th e A pa rt me nt/ fl a t to t he A ll otte e /P ur c ha ser/ s. I n ca se t he All o ttee/P ur c ha ser/ s fa il s to t a k e po sse ss io n w it h in t he time pr o vi ded i n c la us e 10 . 3, i n s u c h a n e ve nt , the All otte e /P ur c ha s e r/ s sha ll be lia b le to p a y ma i nt ena n ce c ha r ges a s a ppl ic a ble a nd i nte r es t o n th e re ma i ni n g p a yme nt @ 2 4 % p er a n nu m. T he ra te o f 2 4 % pe r a n nu m o n t he ba la n c e pa yme nt i s a p pli ca b le o n ly a fte r c om ple ti on / o c cu pa nc y ce rti fi ca te is re ce i ved a n d t he fla t / a pa rtm e n t i s c om plet e f or o c c upa ti on / r esi di ng . I n t he ca s e of th e a llo tte e / p ur c ha se r/s n ot a bl e t o cl ea r t h e ba la n ce pa y me nt w ith i n 3 (th re e ) m o nt hs o f re c eiv i ng t he co mp leti o n / oc c upa n c y cert i fi ca te a n d 30 the n oti ce / i nti ma ti o n fo r t he sa me ha s b een se nt t hr ee ti me s wit hi n thr ee m o nt hs t he n t h e pr om ote r i s a t li ber ty to ca n cel t he sa i d f la t / a pa rtm en t a nd re t ur n the re ce i ve d a m o un ts a ga i nst t he fla t wit h o ut a n y int ere st wi th in 9 ( ni n e ) mo nt h s o f s u c h ca n cel la ti o n or t he sa le of t he fla t / a pa r tme nt w hi c h e v e r ha ppe n s ea rl y. T he Al lot te e / Pu rc ha s e r/s s ha ll u se t he Apa rt me nt/ Fla t or any pa rt the reo f or pe r mit t he sa me to be us ed o nl y fo r p u rp ose o f r es ide n ce . H e sha ll use t he pa r ki ng spa ce o nl y f or p ur po s e of pa r ki ng hi s ow n ve hi cl e on l y. 1 0. 5 T he Al lot te e /P u rc ha s e r/ s a l o ne a lo ng wi th fa mil y a n d re la t iv es s h a ll us e t he sa i d A pa rt me n t/F la t or a n y pa rt t her eo f o r p erm it t he sa m e to be us ed fo r re s ide nt ia l pu rp ose on l y a s s h o wn i n t he sa n ct io ne d pla n, pro v ide d t ha t, a n y O c c upi e r/ s o f a n y fla t/ Apa rt me nt i n t he bu il di ng/ s sha ll n ot use th e sa me f or Ma ssa ge Ce nt re , Ga mbl i ng Ho us e, Cla s se s, Ser v ic e Apa rtm e n t, Ho ste l , g ro u p a c c om mo d a tio n , com pa n y g ue st ho u se, gue st h o use , Ba ch e l o rs a c co mm oda t io n f o r st u de nts , re nta l s o n c ot ba si s, Lo dg in g, B oa r di ng , tu iti o n cla ss es , tut or ia l s, be a u ty pa rl or , crèa c h , ba b y sit ti ng , do c t ors c li ni c s, p ro f es sio na ls o f fi ce , o r a n y ot her co mme rc ia l a cti v it y o r fo r a n y i lle ga l or im m ora l pu rp ose . A n y a c t of t he a bo ve me nt io ne d a ct i vit ie s w ill l ea d t o se rio u s c on se qu en ce s a nd t he a pex bo d y of t he Ass o cia t io n of A pa rt men t ma na g i ng t he pr oj ec t “ S H R EEJ I S KY G R EE NS ” w i ll ta k e im med ia te ste ps i n a n y le ga l wa y t o put a n e nd t o t hi s ki n d o f u se . A n d a Pe na l ty o f Rs .25 ,0 00/ - ( R up e es Tw en t y F iv e T h o usa nd O nly ) per m on th will be im po sed u nti l su c h a cti v it y is st opp e d . T he A ll otte e / Pu r cha se r/s s ha ll use th eir a l lott ed pa r ki ng s pa ce / s (i f a n y a ll otte d to t hem ) o nl y f or t he p ur po se f or pa r ki ng the Al lot te e /P u rc ha se r /s ow n tw o / l ig ht f ou r w hee ler ve hi cle b ut th e All ottee /P ur c ha s e r/ s is /a re n ot e ntit led t o p a rk i n sid e th e pr oj ec t or t he sa id ca r p a r ki ng a n y he a v y v e h i cle s s uc h a s tr uc k s, bu ll d oze rs , bu ses , tra c to rs , e t c. a nd f u rth e r t ha t t he A ll ott ee/P ur c ha se r/ s s ha l l no t be ent itle d to pa r k hi s/ he r / the ir a n y two/ f ou r wh eele r ve h ic le s in t he co mm on ma r gi na l s pa ce s, w h i ch is /a re n ot a llo tted fo r e xc l usi v e rig ht to us e fo r pa r ki n g o f t w o/ fo u r w hee ler ve hi cle a nd fu rt her no ne o f th e oc c upa nt s i s/a r e e ntit le d t o ha ve en tr y o f a n y p ub li c ve hi cle s w ith o ut pri or wri tte n c on se nt f ro m t he Pr om o ter t ill ha ndi n g ov er t he a dmi ni str a ti o n to t he Ass o cia t io n of A pa r tm ent a nd t he rea fte r f ro m the a pex ma n a gi n g c om mitte e of su c h A ss oc ia ti o n of Apa r tme nt . Th e Pro mot er s ha ll not b e re sp on si ble a nd/ or lia b le f or a n y n ui sa n ce a n d dis tu rba n ce ca u se d b y a n y o cc u pa nts , o cc up yi n g a n y a pa rt me nt /fl a t i n 31 the pr o je ct a fte r t h e sa id pr o j e ct ha s bee n ha nde d o ver t o su c h All otte e /P ur c ha s e r/ s o r t he As s oc ia ti o n o f A pa rtm en t b y t he Pr om oter . It is ve r y cle a rl y u n de rst oo d b y t he a ll ott ee/ p ur c ha se r t ha t a llo tted pa r ki ng in t h is a g re e m ent i s t he o n l y pa r ki n g he/ s he/t he y a re a ll o wed to us e fo r t he ir pe r s ona l pa r ki ng o nl y . 1 0. 6 . Co m p e nsa ti o n - T ha t t he All ott ee / Pu r cha se r/s ha s g i v en hi s spe ci f ic c o nf ir ma ti o n her ei n t ha t th e re sp o ns ibi lit y o f t itle o f t h e sa i d la n d be o n t he P ro mot er u p a nd u nti l t he co n ve ya nc e o f t he sa i d b ui ldi n g / Wi n g a nd t h e sa i d l a nd t here u nd er . 1 0. 7 . E x ce pt fo r o cc u rre n ce o f the e ve nt s sta ti n g he rei n a bo v e, if th e Pro mot e r fa il s to c om plete or is u na bl e to gi ve po ss es si on of t h e fla t/ Apa rt me nt (i) in a cc or da nc e w it h th e terms o f t hi s Agr eem ent d ul y com ple ted b y the da te sp e c if ie d he re i n; or (ii) due t o d is c on ti n ua n ce o f hi s bu si ne ss a s a dev el ope r o n a cc o u nt of s us pe nsi o n o r re vo ca ti o n o f t he r egi str a t io n u n der t he A ct ; or fo r a ny ot he r re a s on ; t he Pr o mote r s ha ll b e lia b le , on d ema nd t o the A ll ottee / Pur c ha se r/ s , i n ca se t h e A ll otte e / P ur c ha se r/s w is he s t o wi th dra w f rom the Pr o je ct, w it ho ut p rej u di ce to a ny o t her rem ed y a va ila ble , t o ret ur n the t ota l a mo u nt re ce ive d b y h im i n re spe c t of t he fla t/A pa rt me n t, wit h the i nte re s t a s pe r St a te Ba n k o f I n dia h ig h est Ma rgi na l Co st o f L end i ng R a te pl u s 2 % pe r ce nt p er a nn u m wit hi n 9 0 da ys a ft er re ce i vi ng t he a ppl ic a ti on in w ri ti n g req ue sti n g f or wi thd ra wa l by t he Al l ottee / Pur c ha se r/ s . Pro vi de d tha t w he re if t he All ott ee / P ur c ha s er/ s d oes n ot i nte nd t o w it hdra w fro m t he sa id Pr o je c t , t he P ro mo ter s ha ll p a y th e Al lo ttee / Pur c ha se r/ s in te re st a s pe r Sta t e Ba n k o f I n dia hi g hest Ma rg ina l C ost o f Le nd in g R a te pl u s 2 %, o n a ll t he a m o u nts pa id b y t he All ottee / Pur c ha se r/ s , fo r e v er y mo nt h o f de la y, ti ll th e ha nd in g o ver of t he po sse ss io n o f t he fla t / Apa rtme nt . 11. T E R MI NAT I ON O F AG R EE M EN T: 1 1. 1 Wit h o ut p re j udi c e to th e r ig ht o f p ro m oter to c ha rge i nter est a s p er the te r ms me nti o ne d h ere in a b o ve, on t he Al lot tee/P u rc ha s er/ s 32 co mmi tti ng de fa ult i n pa y me nt o n d ue da te o f a n y a m o u nt d u e a n d pa ya ble by th e A ll otte e /P ur c ha se r/ s to th e P ro mot er u nd er t hi s Agree me nt ( in c lu di ng hi s/ he r pr op ort io na t e s ha re o f ta x es l e v ied b y co n ce rn ed l o ca l a u th ori ty and ot he r ou tg oi ng s) a nd on th e All ottee /P ur c ha s e r/ s com mit ti ng t hre e defa ul ts of p a y men t of in st a l lme nt s (t hre e de fa ult s me a ns e ve n if on e si ng le in sta llme n t is not pa id f or t hr e e co n s e c uti ve mo nt h s), t he Pro mot er wi ll se nd thr ee remi nd er s f or c o nse c uti ve th re e mo nt hs a nd o n st ill n ot r ec ei v in g t he pa y me nt w it h i nte re s t a s a p pli ca ble writ te n her ei n a b o ve , t he p r omo ter sha ll at h is ow n op tio n te r mi na te t hi s Agree me nt and re f u nd t he pa y me nt re ce i ve d a f t e r de d u cti n g 1 0 % c os t of t he fla t / a pa rtm ent a s termi na ti on a mo u nt a n d re t ur n t he ba la n ce a mo u nt wit h in 6 ( si x) mo nt hs of s uc h te rmi na ti on . T he da te o f te rmi na t io n wi ll be ca l c ula ted fr om t he da te o f te rmi na t io n n oti ce se nd . T hi s cla u s e ha s b ee n ver y sp ec if ica ll y a nd ca t eg ori ca ll y d is c us se d w it h t he a ll ott ee / p ur c ha ser/ s b ef ore t he regi str a ti o n o f t hi s d o c ume nt a n d it ha s b e en a gre ed b y t he a l lo ttee / pu rc ha ser /s fo r t he im ple m e n ta ti o n o f t hi s c l a us e wit h ou t a n y hi nd ra n ce . Wit ho ut p re ju di ce to t he rig ht o f th e P rom o ter t o ta ke a cti o n o r brea c h a ris i ng o ut o f t he de l a y in t he pa yme nt o f th e i n sta l lme nt s on t he d ue da tes , t he A ll otte e /P u rc ha se r/ s s ha ll b e b o u nd a nd lia ble t o pa y i nte res t @ 2 % pe r m o nt h o r p a rt t he r e o f , o n a ll t he a mo u nts w hi c h be c o me d ue a nd p a ya ble by t he Al lott e e /P ur c ha ser/ s t o the P ro mot er ti ll t he da te o f a ct ua l pa ym e n t, pr o v ide d t ha t te nde r o f the pr i nc ip le a mo u nt s a nd int ere st o r te nde r o f t he i nte re st a nd e xpe n ses t he re of s ha ll n ot i tsel f b e co n sid ere d a s w a i ve r of t he r ig ht o f t he Pro mote r un der t his a gr e eme nt, no r s ha l l it be c o nst r ue d a s c on do n in g o f the del a y b y t he Pr omo ter a ga i nst de la y in p a yme nt s by th e P ur c ha s er/ s to te rmi na t e th is do c ume nt . Pro vi ded t ha t, P rom ot e r s ha l l gi ve not i ce o f fi ft ee n da ys i n wr iti n g to th e All ottee /P ur c ha s e r/ s, by R e g iste red P ost A D a t t he a ddr es s p ro v ided b y the All ott e e /P u rc ha se r /s a nd ma i l a t t he e - ma il a dd res s p ro v ide d by t he All ottee /P ur c ha s e r/ s , of hi s i nte nti o n to ter mi na te t hi s Agre eme nt a nd o f the spe c if i c br e a c h o r bre a c he s o f term s a nd c o ndi tio n s i n r es pec t o f whi c h it is i nte n de d to te rmi na t e the Agr eeme nt . If th e All ottee /P ur c ha s e r/ s f a ils to r e c ti f y t he b rea c h o r bre a c he s me nt io ned b y the Pro mo te r w it hi n t he p e ri od o f not i ce t h en a t th e e nd of s u ch no ti ce peri od , p rom ote r s ha ll be e n tit le d t o te rmi n a te th is Agr eeme nt . P ro vi ded f urt he r t ha t u po n t e rmi na t io n o f t hi s A g reeme nt a s a f ore sa i d , t he Pro mot er s ha ll re f u nd to t he Al lo ttee/ Pu r ch a ser / s (s u bj ec t to a dj u stme nt a nd re c o ve r y o f a ny a gre e d liq u ida te d da ma ge s or a ny o t her a mo u nt 33 w hi c h ma y be pa ya ble to P rom ote r) w it hi n a peri od o f ni net y da ys o f t he te rmi na ti on , t he in sta l lme nts o f s a le c on si de ra ti on o f t he fl a t/A pa r tme nt w hi c h m a y ti ll t he n h a ve bee n p a id b y t he All otte e/P ur c ha s er/ s to t he Pro mot e r a ft e r de d u ct i ng t he a gree d a mo u nt a s m en tio ne d he rei n a bo ve . It is a ls o a g re e d b y a nd betwe en t he p a rtie s h eret o t ha t up on th e te rmi na ti on o f th is a g reeme nt , a nd a fter de du ct in g 1 0% a m o un t of t h e tota l c on si de ra ti on a s the ea rn est m o ne y, whi c h t he P rom ote r h erei n i s e nt itle d to f or fe it t he s a me , t he Pr om oter s ha ll re f un d to t he All otte e /P ur c ha s e r/ s th e i n sta l lme nt s or pa yme n ts w hi c h t he All otte e /P ur c ha s e r/ s mig ht ha v e p a id t o t he Pr om oter ti ll t h a t poi nt o f time b ut w it h ou t a n y i nte res t, t he a f ore sa i d a mo u nt s ha ll be pa id by t he Pro mot e r t o th e A ll ott ee/P ur c ha se r/ s b y c he que wi th i n 9 0 da y s, o r a p ost da te d c h e q ue o f 9 0 da ys a l o ng wit h n oti ce i n w rit i ng b y R .P. A. D . a nd o n su c h n oti ce se n t fo r t e rmi na t io n o f t he a g ree men t, t he P ro mo ter s h a ll o n da y on e o f n ot ic e , be enti tle d to re sa l e the sa id Fla t / Apa r tme nt a nd/ or dis po se O f f or ot he rwi se a lie na t e the s a me i n a n y o f t he ma nn er a s the Pro mot e r h e re in in i ts s ole d is cr eti o n a s it th in k s f it. In ca se t he All otte e /P ur c ha s e r/ s h a s/ ha ve ta k en /a va il ed a ny ho us i ng l oa n fr o m a n y fi na n cia l i nst it uti o n o r ba n k t he n in ca se of su c h te rmi na tio n/ ca n c ella t io n of t he sa id fla t / Ap a rtme nt b y t he Pr om oter , n o c o ns en t f ro m su c h fi na n cia l i n stit u tio n o r ba n k s ha ll be re qu ire d, a n d i n s u c h a n ev e nt ua l it y the sa id loa n a mo u nt wh ic h h a s bee n di sb ur sed b y t he sa id f in a n cia l in sti tu tio n/ ba n k to t h e Pro mot er s ha ll b e p a id b y t he P ro mot er wit ho ut a n y i nte re st or p e n a lty t here o n t o t he f i na nc ia l i nst it uti o n or ba n k dire ct l y. 1 1. 2 It i s sp e c i fi ca l ly a greed be twee n t he pa rtie s he ret o tha t, if th e tra n sa cti o n in re sp e c t o f t h e s a id fla t/ a pa r t men t b etwee n t he P ro mote r a nd A ll otte e / P ur c h a ser/ s he rei n te rmi na ted a s sta ted here i n a bov e w ritt e n t he n all t he in str u me nts u nd er wha t so e v er hea d e x ec ute d be tw e e n t he pa rt ie s her eto o r betwe en t he Pr om oter a nd All ottee / Pur c ha se r/ s he r e i n, i n res pe ct o f t he sa i d f la t/ a pa rtm en t, s ha ll sta nd s a ut oma t ic a ll y ca nc e ll e d a n d eit he r pa r ty ha ve no rig ht , ti tle , i nte rest or cla im a ga i n st e a c h ot h er e x cept a s pr o vi ded her ei na fter . 12. D E FE C T L IA B IL I TY If w it h in a p e ri od o f f ive yea r s fr om th e da t e o f ha nd in g o ver th e fla t/Ap a rtm e n t to the All ott ee/P ur c ha ser/ s, t he Al lot tee/P u rc ha s er/ s bri ng s t o th e not i ce o f t he Pr om ote r a n y s tr u ct ura l de fe ct i n t he Apa rt me nt/ Fla t or t he bui ldi n g in w hi c h th e Apa rtme nt /F la t a re s i tua t ed 34 or a ny de fe cts on a c co u nt o f w or kma n sh ip, q ua lit y o r pr o vi si on o f ser vi ce , t he n, w he re v e r po s sib le s u c h de fe ct s s ha l l be r ec ti fie d by t he Pro mot er a t h is ow n co st a n d i n ca s e it is n o t p os si ble to re cti f y s u c h def ec ts , th e n t he Al lo tte e /P ur c ha ser/ s s ha l l be enti tle d to re cei v e fr om the Pr om ote r, com pe n sa ti o n f or s u ch d ef ec t in the ma n ne r a s pr ov ide d u nde r t he Ac t. Pr ov id e d how e v e r , t ha t t h e All otte e / Pu r cha se r/ s s ha ll no t ca rr y o ut a n y a l te ra ti o ns o f th e wha tso ev er n a t ure i n t h e sa id a pa rtm en t/ fla t / w i ng in spe ci f ic t he str u ct u re or th e sa i d fla t/ a pa rtme nt /wi ng o f t he sa id bu il di ng w hi c h s ha l l i nc l u de b ut n o li mit t o co l um ns , bea m s etc . o n i n t he fitt i ng s the rei n , i n p a rti c ula r it i s he reb y a gree d tha t t he All ott e e /P ur c ha se r s ha ll not ma ke any a lte ra ti o ns in t he ba th ro om , t oi le t & kit c he n, w h ic h ma y re s ul t i n se epa ge o f th e w a ter. I f a n y s uc h w or ks ca r rie d ou t w it ho ut t he wr it ten co n se nt o f Pr om ot er the def ec t l ia b ili ty a ut oma tica ll y s ha l l b ec ome vo id. T he w o rd de fe ct h e r e mea n s on l y t he m a n u fa c tu ri ng de f ect /s ca use d o n a c co u nt o f w il l fu l ne gle ct o n th e pa r t of t he Pr om ot er a nd sha ll no t me a n de fe ct /s ca u se d b y no rma l wea r a n d tea r , neg lig ent use of Apa r tme nt/ F la t b y the O c c upa nt s, va g a ries o f n a t ure , a n y d a ma ge ca use d d ue to m is ha nd li ng , mi s us e o r d u e to a n y m od if i ca ti o ns or f ur nit u re w o rk ca r rie d out b y t he Al lot tee/P ur c ha s er/ s eit her t he msel ve s or th ro u gh t he i r a ge n ts or n om in ees o r o cc upa nt s, et c . I t i s spe c if ica ll y a gree d a nd u nde rs to o d be t w e e n t he pa rt ie s t ha t t he reg u la r w e a r a n d tea r o f t he F la t/ A pa rtme nt/ B u ild i ng / Wi ng i n cl ud es m in or ha ir li ne cra c ks o n t he e xte r na l a n d i nte r na l wa l l ex cl ud i ng t he R .C .C . st r u ct ure a nd w h ic h a ls o ha pp e ns d ue t o t he e xtre m e temp era t ur e va ria t i on s i n Na sh i k lea di ng t o s h r in ka ge c ra c ks i n t he wa ll s a n d s u c h s hr i nk a ge / mi nor ha i r li ne cra c k s s ha ll n ot be de eme d to be a n y de fe ct n or a ny str u ct ura l de fe ct a n d ca nn ot be a t tri b uted t o ei th er b a d w or kma n sh ip or str u ct ura l d e f e c t. De fe ct/ s i n fit ti ng s a nd fi xt ur es l i ke pl u m bi ng fi xt ure s, dra ina g e pipe s, sa ni ta r y w a r e , Sw i tc he s, wir es , E L CB, til es o n f lo or a n d wa ll , a lu mi n um use d f or w in dow s, gla ss us ed i n win dow s et c. et c. a re n ot in cl u ded i n t he de fe ct lia bil it y a s s epa r a te wa rra nti es a re gi ve n by t he ir resp ec ti ve ma n ufa ct u re rs . T he sa id pr o j ect as a w h ole ha s b ee n co n ce iv ed , de s ig ne d a nd co n str u cte d ba se d on t he co mmi tme n ts a n d wa rra nti es gi ve n by s uc h v e n do rs / ma n u fa ct ure rs and t ha t a ll equ ip me nt, f ix tu re s a nd f itti n gs s ha l l be ma i nta i ne d a nd c o ver e d b y ma i nte na nc e / w a r ra n ty co nt ra cts so a s it to be in s ust a i na b le a nd in pro per wo r ki ng c o nd iti on . It is th e re s po ns ibi lit y of th e a l lott ee/ pu rc ha ser /s t o c o nti n ue w a r ra nt y o n t he pro du ct s/ e q uip me n t us ed 35 in sid e t he fla t /a pa r tm ent by re new in g t he a n nu a l ma i nte na nc e c on tra ct a t h is c o st a nd it i s t h e re sp on si bil it y o f t he a pe x b od y o f As so cia tio n o f Apa rt me nt t o ke e p o n ren ewi ng t he a n nua l ma i nte na nc e co nt ra c t of t he pro d uc ts / ma c hi ne r y / equ ipm en t etc . u se d in th e c omm o n a rea of t he pro je ct a me ni tie s w h ere ver a pp li ca b le . Fa ili ng to re ne w t he a n nu a l ma i nte na nc e c o ntra ct or t he m o nt hl y ma in te na nc e c o ntra ct a s a p p li ca bl e the n in s u ch ca se t he de fe ct l ia b ili ty o f the pr om ote r a uto m a tic a ll y be c om e s v oi d. T ha t it s ha ll be the resp o ns ib ilit y of All ottee /P ur c ha s er to ma i nta i n h is fla t/a pa r tme nt i n a pro per m a n ner a nd ta ke a l l d ue ca re ne e de d i n cl ud i ng b ut no t lim iti n g to t he j oi nt s in t he ti le s in hi s fla t a re re g ula rl y fi lle d w it h w hit e ceme n t/ep ox y to pre ve nt wa ter s eepa ge . F urt he r w he re t he ma n u fa ct ure r wa rra nt y as s h ow n by the pro mot e r t o th e Al lo ttee/P ur c ha ser en ds bef or e t he de fe ct s l i a bil it y pe ri od a nd s uc h w a rr a nti es a r e c o ver ed un der t he ma in te na nc e of t h e sa id fla t / a pa rt me nt /b ui ldi n g/p ha se/w in g, a n d if t he a n n ua l ma i nte na nc e co nt ra cts a re n ot d on e/re n e wed by t he All ott ee/s /P ur c ha s er /s t he Pro mot e r s ha ll not be resp o ns ibl e f or a n y def ec ts oc c ur ri ng du e to t he sa me . It is e xp re ssl y a gree d tha t be fo re a ny lia b il it y o f d ef ec t is cl a ime d by or o n be ha lf o f th e All ottee /s/ Pu r cha se r /s, i t s ha ll be n ec es s a ry t o a ppo i nt a n e x pe r t w h o sha ll be a no mi na te d s u rv ey or w ho s ha ll su r ve y a nd a sse ss t he sa me a nd s ha ll t he n s ubm it a repo rt to s ta te t he def ec ts in ma te r ia l s use , i n t h e str u ct ur e b ui lt o f t h e fl a t/a p a rtm en t /p ha s e/wi ng a nd i n t he w o r kma ns h ip exe c ute d ke epi n g i n mi nd t he a fo resa id a gree d cla u se s o f t his a g re e m ent . 13. FO R MA TI ON O F OR GA NIS AT IO N O F FL A T/AP A RT ME NT H OL D ER S : - 1 3. 1 C o nsi de r i ng t he Pr om ote r he rei n is ca r r yi ng on the co n str u cti o n/d e v e l opm ent o n t he sa i d l a n d in p ha s es a s a f ore sa id a nd f urt he r to ha ve t he ma i nte na nc e o f bu il di ng/ s a n d c omm o n fa ci lit ies more c on ve n ie ntl y , th ere wil l be o nl y o ne Ass o cia t io n o f A pa rt m ent o f All otte e / Pu r cha se r/s wh ic h ma y be f orme d b y pre va ili n g l o ca l l a ws a s ma y b e a pp li ca b le to t he sa id p ro je ct , w hi c h the Pr om ote r ha s c o n ve yed to th e a ll otte e / pu r ch a ser/ s a n d fe els t ha t thi s is s u ita b le f or t h e fla t / a pa rtm e n t ho lde rs in t he sa i d pr o je ct w hi c h is u nde r co ns tr u cti o n on t he sa id la nd . 36 1 3. 2 T he Al lot te e /P u rc ha s e r/ s a l o ng wit h ot her a ll ott ee / Pu r ch a s er/s o f Apa rt me nts / F la t s in t h e bui ld in g s ha ll jo i n in for mi ng a nd re gi ster i ng t he Ass o cia t io n o f A pa rt me n t or a Co per a ti v e So ci et y to be k no wn b y “S H R EEJ I S KY G RE E NS ” As s oc ia ti o n o f A p a rtme nt/ S o ciet y a nd f or th is pu rp ose th e a ll otte e /p ur c ha s e r/ s fr om t ime t o ti me w ill s ig n a nd e xe cu te the req u ire d a p pli ca t io n fo r re gi stra ti on a nd/ or mem ber s hi p a nd th e ot her pa pe rs a n d d oc u me n ts ne ce ssa r y f or t he f orma tio n a n d re gi s tra ti o n of t he A ss o cia t io n o f Apa rt me nt a n d f or b e co mi ng a me mber , i n cl ud i ng the b yel a w s o f t he pr op ose d A ss o cia tio n o f Apa rtme nt a nd wil l d ul y f ill in , sig n a n d r e t ur n t o the Pr om oter wi th i n s eve n da ys o f th e sa m e be in g fo rwa r ded b y t he Pr o mote r to t he Al lot tee/ Pur c ha se r/ s, s o a s to ena bl e the Pr om ote r t o re g iste r t he A ss oc ia t io n o f Apa r tme nt o f Al lott ee/ Pur c ha se r/ s . Fa il in g o r ne gle ct i ng t o s ig n t he ne ce ssa ry pa pe rs or no t gi vi ng c o - op e ra t io n or a ss ista n ce req ui r ed by t he Pr om ote r f or regi ste ri ng t he As so ci a tio n o f Apa r tme nt , t he Pr om oter s ha ll n ot be lia ble fo r a n y de l a y i n t he f orma ti on o f t he As so c ia ti on o f A p a rt me nt, a s t he ca s e ma y be a n d i f the a ll ott e e/ Pu r cha s er/s n egl ec ts or a ny o f t he All ottee /P ur c ha s e r/ s co nt i nu e s to ne gle ct fo r a peri od of ( 4) fo ur mo nt hs , th e n t he P ro mote r s ha ll b e rel ie ve d of t he ir o bli ga ti o n t o ma k e hi m /t he m t he me mbe r o f t he As so c i a ti o n o f Apa r tme nt o r f orm in g t he a ss o cia t io n o f Apa rtme nt i f th e mi nim u m n um bers r eq ui red a re no t the re. If t he m i nim u m me mb e rs re q u ire d t o fo rm t he As so ci a ti o n o f Apa rtme nt is t he re th e n t he sa m e s ha l l be f orme d by a ll t he o th er f la t/ a pa rtme nt ho lde rs t o ha v e si gn e d a nd gi ve n t he n ec es sa r y d oc um en ts . No o bje ct io n sha ll be ta k e n by t he All otte e / Pu r ch a ser/ s if any, c ha n ges or mod i fi ca ti o ns a re ma d e in th e dra ft b ye -la w s , or t he Mem ora n du m a nd/ or Arti cl es o f A ss o cia t io n, as ma y be req ui red by th e A ss o cia t i on of Apa rt me nt. 1 3. 3 T he Pr om ote r sha ll , w it hi n 6 ( Si x ) mo nt h s of c om ple tio n / oc c upa ti on ce rti fi ca te re c e i ve d , a s a f ore sa i d , ca u se to be tra n s fer red t o the As so c ia ti o n of Ap a rtme nt , a ll t he ri g ht, titl e a nd t he in tere st o f t he V end or /L es so r/Or ig in a l P ro mo te r a nd/ or t he own er s i n th e pr o je c t la n d on w hi c h t he b uil di ng w it h m u lti ple wi ng s or bu il di ng s a r e co n st ru cte d, fa i li ng/ or ne g le cti n g to si g n th e ne ce ss a ry p a per s o r n ot g i vi ng co - ope ra ti o n or a s si s ta n ce r e q ui red by the P ro mot er by t he a llo ttee/ p ur c ha se r/ s the Pr om ote r sh a ll no t be lia bl e f or a ny d el a y f or the tr a n s fe r of a ll t h e rig ht s a n d in tere st in f a v or of A ss o cia t io n o f Apa rt me nt, a s the ca s e ma y be a nd i f t he def a u lte r neg le ct s or a n y o f the Al lo ttee / P ur c ha se r /s c on ti n ue s fo r a per iod of ( 4) f o u r mo nt h s, t he n the Pr omo te r s ha ll be re li e v e d o f t hei r a fo r esa i d o bli ga ti o n, wh i c h s ha ll 37 the re a fte r be re sp o ns i bil it y of te ne me nt h old ers . 14. CO N VEY AN C E / DE ED O F T H E S A ID F L AT/ AP A RT M EN T: - T he Pr om ote r , o n re ce ipt o f c om plet e a m o u n t o f t he Pri ce / c os t a gree d he r e i n a bo ve a l o ng wit h a l l ot her re ce i v a ble s a ga i ns t t he sa i d Fla t / Apa rt me nt un de r t hi s Agree me nt f ro m t he Allo ttee / P ur c ha ser/ s, s ha ll e xe c ute a c o n ve ya nc e deed / A pa rt me nt dee d a nd c on ve y t he t itle of t he sa id f la t/a pa rt me nt n ot la t er t ha n 6 ( six ) mo nt hs fr om th e d a te o f re c e i vi ng t he c om pl etio n / o c cu pa n cy cer ti fi ca te fr om t he Na s hi k Mu n ic ipa l C orp or a ti on a lo ng wit h pr op ort io na te i ndi v is ibl e s ha re in t he Com mo n Are a s to t he Asso c ia ti o n o f Apa rt men t, w hi c h will b e f orme d a nd a ll t he r ig ht , tit l e a nd i nt ere st o f t he P r omo ter/ or ig ina l ow ne r in t he a liq u ot p a rt o f t he sa i d la nd i. e. sa i d p ro je c t re fer red i n S c h e du l e- I, it is a g re e d t o b y a nd b etwee n t he pa r tie s h e reto w it hi n 6 (s ix) m on th s fr om t he i ss ua n ce o f t he com ple ti on / o c cu pa nc y c er ti fi ca t e. TH IS CO NV EY AN C E/ DEE D O F AP AR T ME NT WIL L ONL Y BE F OR T H E BU IL DI NG IN W HI C H T H E S A ID FL AT /AP A R TM EN T IS L O CA TE D AL ON G W IT H THE L A ND BEL O W TH E P L IN T H OF T H IS BU IL DI NG / WI NG O NL Y. H owe ver , i n ca s e the All ott ee / P ur c ha s er/ s fa i ls to de p os it t he st a m p d ut y, r egi st ra t io n c ha rge s a nd a l l oth er in ci de nta l a nd le ga l expe nse s et c. s o dema nde d wit hi n t he perio d me n ti on e d i n th e de ma n d le tter , t he All ot tee / P u rc ha ser /s a ut ho ri ses the Pr om ote r t o w it hh old re gi stra t io n o f th e c o nv ey a n ce de ed in hi s/ her fa vo u r til l f ul l a nd fi na l sett leme nt of a ll d ues sta m p d u ty a nd re gi str a ti o n c ha rge s to t he P ro mo ter is ma d e by t he All ottee / Pur c ha se r/ s . It is a l so clea r l y c on ve y ed to t he a ll ott ee/ p ur c ha s er /s tha t the c on ve ya n ce o f t he co mpl eted pr o je ct la nd a lo ng wit h a l l a me nit ie s / a ppa ra tu s / r ig hts a n d title w ill be tra n sf err ed o nl y a fte r 6 ( Si x) mo nt hs of t he c om ple t io n / oc c upa t io n ce rti f ica te. 15. P A Y M E NT O F TA XES , C ES S ES , O U TG OI NGS ET C : - 1 5. 1 T he P ur c ha se r/ s h ere i n i s wel l a wa re t ha t, t he Sta te G o ver nme n t of Ma h a ra s h t ra ha s im po sed va l ue a dde d ta x (V A T ) on t he a gree d co n sid e ra t io n , f or th e tra n sa cti o n fo r sa l e o f f la t/a pa rt me nt by t he Pro mot e r to t he Al lot t ee / Pur c ha s er/ s o f th e fla t/ a pa r tme nt s u nd er the V a lu e Ad de d Ta x A ct 2 0 0 2 a nd a s p er t he a f ore sa i d a ct , it is t h e re sp o ns ib ili ty t o pa y t he a f or esa id ta x fr om time to ti me a n d he n c e it i s a gre e d be tw e e n t he p a rtie s he ret o tha t , t he Allot tee / Pu rc ha ser /s herei n sha ll be a r a n d pa y t h e a fo resa id ta x a mo u nt or a b o ut ex ec ut io n of th is pre s e nt o r a s be co me s a pp li ca b le fr om t ime to ti me fo r t hi s tra n s a cti o n, 38 to t he Pr om ote r h e re i n a nd e na bl e t he Pr om oter to de po sit /pa y t h e sa m e to t he Go ve r nme nt o f Ma h a ra s ht ra . 15.2 T he A ll otte e / P ur c ha se r/ s here i n is w ell a wa re t ha t , t he Ce nt ra l G ov er nme nt o f I n dia ha s im po sed Se r vi ce Ta x a s pr o vid ed u nd er t he a f ore sa id a ct o ut o f t h e tra n sa cti o n f or t he s a le o f fla t/ a pa rt me nt by t he Pro mot er to t he Al lot t e e / Pur c ha se r/ s a nd a s per a for esa id a c t it is the resp o ns ib ili ty t o pa y t he a f or e sa id ta x fr om time to ti me a n d he n c e it i s a gree d betw e e n t he p a rtie s he re t o tha t , t he Allot tee / Pu rc ha ser /s herei n sha ll bea r a n d pa y t h e a fo re sa id ta x a mo u nt or a b o ut ex ec ut io n of th is pres e nt o r a s be co me s a pp li ca b le fr om t ime to ti me fo r t hi s tra n s a cti o n, to t he Pr om ote r h e re i n a nd e na bl e t he Pr om oter to de po sit /pa y t h e sa m e to t he Ce nt ra l Go ve rn me n t of I nd ia . 1 5. 3 It is a l so a g re e d t ha t if a t a n y tim e, a fter the exe c ut io n o f t his a gree me nt, t he s e r vi c e ta x a n d V a l ue Ad ded Ta x (V A T) get s me rge d wit h the G oo ds and Se r v ice Tax ( GS T) or any o th er f orm of ta x is imp ose d/i n cr e a se d u n de r re spe ct iv e sta t ut e by t he ce nt ra l a nd sta te go ver n me nt re s pe cti v e ly a nd f u rt her at any t ime be f ore or a f ter exe c uti o n o f t h is a gr e e me nt b y a dd in g o r in cr ea s in g a d dit io na l ta xe s/ dut y/ c ha rge s/ pre m i u m/ c e s s/s u rc ha rge et c ., b y w ha te v e r na me ca l led , is le vi ed or re c ov e re d or be c om es pa ya b le u nd er a ny sta t ute/ ro le / re g ula ti on not if i ca ti o n or der/ eit her b y t he Ce nt ra l o r the Sta te G o ve r nm e n t or by t he lo ca l a ut h ori ty or b y a ny re ve n ue o r ot her a ut ho rit y , on the s a id f la t/ a pa rtme nt or thi s a gre eme nt or the tra n sa cti o n h e re in , s u c h ta x e s/ du ty / c ha r g es/ p remi u m/ c es s/s u r c ha rg e etc . s ha l l e x cl us i ve l y be pa id/ bo rn e b y All ottee / P ur c ha ser/ s. T he All ottee / P ur c ha se r/ s he r e b y, a lwa ys i nde m ni fi es t he Pr omo ter fr om a l l su c h le vi es , c ost a nd co ns e q ue n ces . Pr o vi ded t ha t t he Pr om ote r sha ll pro v ide t o th e All ott e e / Pur c ha s er/ s t he deta i ls o f t he ta xe s pa id or dema nde d a lo ng w i th th e a ct s/r ule s/ n oti fi ca ti o ns t oget he r w it h da te s fr om wh i ch such ta xe s /le vi e s et c. ha ve bee n imp os ed or bec om e ef fe ct iv e; 15.4 Wit hi n 1 5 ( fi fte e n ) d a ys a fte r no ti ce i n w riti n g i s gi ve n b y t he Pro mot er t o t he A ll ott e e / P ur c ha se r/ s th a t the fl a t/ A pa rt me nt i s rea d y fo r u se a n d o c cu pa nc y , the A ll ottee / P ur c ha ser/ s s ha l l be lia ble t o bea r a nd pa y t h e pr op ort io na te sh a re ( i.e . i n p r o p ort io n t o th e a rea of t h e fla t/ A pa rt me nt) all o utg oi n gs in r es pe ct of t he p ro je ct la nd and Bu ild i ng/ s na me l y l oc a l ta xe s, be tter me nt c ha rg es o r s uc h ot her levi es by t he co n ce r ne d l o ca l a ut ho rit y a nd/ or G ov er nme nt wa ter ch a rge s, 39 in s ura n ce , co mm on li ght s , repa ir s a n d sa la ries o f c ler k s bil l c ol l ect or s, c how k ida r s , sw e e pe r s a nd a ll o th er e xpe n ses ne ces sa r y a nd in ci de nta l to the ma na g e me nt a nd ma i nte na n ce o f t he pro je ct la n d a nd b ui l di ng/ s. U nti l t he A ss oc ia ti o n of Apa r tme nt i s fo rm ed a n d t he sa id s tr u c tur e o f the b ui ldi n g/s o r w i n gs is tra n s fer red to t he As so c ia ti o n o f A pa rtme nt , the All ott e e / P ur c ha s er/s s ha l l pa y to th e Pro mot er su c h pr op or tio na te sha re of ou tg oi ng s as ma y be de term i n ed and dema n ded by t he Pro mot e r. T he A ll otte e / P ur c ha ser/ s f urt he r a gr ee s t ha t t il l t he All ottee / Pu r cha se r/s s ha re is so dete rmi ne d t he All ottee / P ur c ha s er/ s s h a ll pa y to th e Pro mot e r pr o v isi o na l m on th l y c on tri but io n o f Rs. 1 ,0 00 / - per mo nt h t ow a r ds t he o u tgo in gs e xp en se s a s men ti on ed here i n a b o ve . Th e a mo u nts s o pa id by t h e All ott ee / Pu r cha se r /s t o t he P ro mo ter s h a ll no t ca r ry a n y i nte re st a n d will be ut il ize d f or the ma i nt en a n ce a n d ot her e xpe n se s a s m e n ti on e d a bo v e. T he P ro mo t er wi ll d o t he sa me u nti l a co n ve ya n ce /a ss ig nme n t of lea s e o f t he st ru c tur e o f t he b ui ldi n g or w in g is e xe c ute d i n f a v o ur of t he A ss oc ia t io n of Apa rt me nt a s a for es a id. O n su c h co n ve ya n ce /a ssi g nme nt o f lea se be i ng exe c uted f or t he str u c tur e o f the bu ild i ng or w i n g t he a fo re sa id dep os it s co lle ct ed a s per me nti on ed i n the C la u se 2. 5 me n tio ne d he rei na b o v e s ha l l be pa i d o ver by th e Pro mot e r to t he A ss o cia t io n o f A pa rt me nt, a s a lrea d y me nti o ned here in a bo ve . 1 5. 5 N otw i th sta nd i ng a n yt h in g co nte nt s sta te d h erei n a bo ve , t he lia bil ity to pa y t he a f or e sa id t a xes , o ut go in gs , ot he r cha rge s et c. w ill be a lwa ys on All ot t e e / P ur c h a ser/ s of t he sa i d fla t/ a pa rtme nt a nd if fo r w ha t so e v e r re a s on re spe ct iv e R ec o ver i ng Aut h ori t y go t re co ve r ed th e sa me f ro m t he Pr om ot er i n s u ch cir c um sta n c es t he Pr om ote r her ei n s ha ll be e nt itle d t o r e c o ve r t he sa me fro m t he All ott ee/ Pu r cha se r /s a lo n g w it h i nte re s ts a nd Al l ottee / P ur c ha s er/ s h erei n sha ll pa y t he s a me to the Pr om ote r w it hi n st ip ula t ed per io d a s ma y be i n fo rme d by t he Pro mot e r t o t he All ott ee/ P ur c ha s er/ s i n w ri tin g. It is f urt he r s pe c if ica ll y a gre e d t ha t , a fo re sa i d en c um bra n ce sh a ll be o n sa i d fla t/ a p a rtme nt be i ng fi rst e n c um bra n ce o f t he Pro mo ter . T he A ll ottee / Pu r c ha s er/ s he r e i n w it h d u e - dil ige n ce ha s a c cept ed th e a f ore sa id co nd iti o n. 15.6 T ha t t he A ll ottee / P ur c ha s er/ s a re ma de a wa re a n d ex pre ss l y a gre e h e re i n t ha t w he re t he pr o jec t i s o ut of wa te r su pp ly z on e of t he lo ca l a ut ho rit y o r the re is li ke l y to be l ow wa ter s upp l y fr om t h e lo ca l a ut ho rit y , t he n it is cl ea rl y u n der sto od by t h e All ottee / P ur c ha ser/ s tha t he / s he /t he m ha ve t o pa y f or th e wa ter c ha rg es eit he r bo ug h t i n b y ta n ke r or a ny ot he r fo rm o n ce th e fl a t/a pa rt men t is ha n ded ov er a s per 40 the co nd iti o ns me nt io ne d he r e i n a bo ve . Th e pro po rti on a te s ha r e of t he expe n ses b or ne fo r g e tti ng w a te r th ro ug h wa ter ta nk er s will be di vid ed betwee n t he re side n t s o f t he fl a t/a pa rtm en t s o f a ll t he so ld fla ts/ a pa rtm en ts a nd th e s a me ha s t o be pr ompt ly pa id to t he As so cia tio n o f Apa rt me nt a f te r it i s ma de . I t w ill b e t he re sp on si bil it y o f t he A ss oc ia ti o n of A pa rt me nt to b ri ng in w a t e r f or us e o f the resi de nts b y wa y o f ta n ker a nd pa y d ire ct ly fr om the ir o ut go in g ex pe ns es o n ce th e pr oj ec t is ha nde d ov er b y wa y of c on ve y a n ce t o th e As so c ia ti o n o f A pa rt me nt a s me nti o ned her ei n a bo ve . It i s a l s o ma de a w a r e to t he A ll ottee /P ur c ha se r/s t ha t i f t her e is n o wa ter su pp ly pi pe l in e w it hi n 1 00 met e r ra nge o f t he sa i d pr o je ct t he Pro mot er w ill ma ke a ppl ica ti on to t he Na sh ik M u ni ci pa l Co rp ora t i on a n d the ir c om pe te nt a ut h ori ty t o s up pl y wa te r by t he c om mo n pi pe li ne til l the c omp o u nd w a ll or if s u ch w a te r li ne i s a va i la b le u ntil 1 0 0 met er fr om the per i p he r y o f t he s a id p ro je ct th en th e P rom ote r wi ll get i n t he wa ter by p utt in g t he p ipe li n e a t hi s ow n c ost upt o 1 00 me ter b ut be yo nd 1 0 0 meter th e Pr om ote r ha s to w a it and p ur s ue t he Na sh i k M u ni ci pa l Cor po ra ti o n to g e t th e w a te r li ne upt o t he sa id p ro je ct a s th e Pr omo ter ha s pa i d t he e nti re de v e l opm e n t c ha rge s, wa ter ch a rg es fo r t he s a id pro je ct a nd it i s a re sp on si bil it y o f th e Na sh i k Mu n ic ipa l c orp ora tio n to pro v ide dri n ki n g w a t e r s up pl y li ne a nd dra i na ge l in e upt o t he sa i d pro je ct . In s u ch c a se t he A ll ott e e / P ur c ha se/ s i s a l so ma d e a wa r e t ha t in the e ve nt ua l it y o f w a t e r s upp l y li ne not bei n g the re wa te r wil l be bo ug ht in b y ta n ke rs a n d t he All ott e e /p u rc ha se/ s will h a v e t o b ea r th e c ha rg es till t he Na s hi k M u ni c i pa l Co rp ora t io n p ro vi des s u c h wa ter b y pi pe li ne co n ne ct io n . 16. D EP OS I TS BY AL L OTT EE / P U R C H AS E R/S /S WI T H T HE P RO M OT E R: - T he All ott e e / P ur c ha s e r/s s ha l l o n or be fo re del i ver y o f po sse ss io n o f the sa id f la t / a pa rtme nt s ha l l pa y t he Pro mo ter, t he f ol low in g a mo u nts : - (i) R s. 2, 0 0 0/ - fo r s ha re mo ne y, a ppl ic a ti o n en tra n ce fe e of the Ass o cia t io n o f Apa rtm e nt . (ii) R s. 8 , 00 0/ - f or f orma tio n a nd re gis tra t io n of t he A ss o cia t io n o f Apa rt me nt. (iii ) R s . _ _ _ _ __ _ _ _/ - t ow a rds c orp u s fu n d w hi c h wil l be tra ns fe rre d to the A ss oc ia ti o n of Apa rt me nt by ma k i n g a f ix ed dep o sit t o wa r ds pro v isi o na l mo nt h ly co nt ri bu ti on tow a rd s o utg oi ng o f A ss o cia tio n o f 41 Apa rt me nt. (iv ) R s. 40 , 0 0 0/ - fo r D ep osi t towa rd s Wa te r, E lec tri c , a n d ot he r ut ilit y a nd s e r vi ce s c o nn e c ti on c ha rg es a nd de po si ts o f ele ct ri ca l re ce i vi ng a nd S ub Sta ti on p ro vi de d i n sa i d p ro je ct . 17. REP R ES EN TAT IO NS AN D WA R RA NT IE S O F T H E P RO MO TE R: T he Pro mo te r he reb y r epr ese nt s a nd w a rra nts to t he A ll ot tee / Pur c ha se r/ s a s f ol lo w s: a ) Th e Pro mo ter h a s cle a r a n d ma r keta ble tit le w it h re s pe ct t o t he pr oj ec t la nd ; a s d ec la r e d in t he t itl e rep or t a n nex ed to t his a gre e me nt a nd ha s t he re q ui site r ig h ts to ca r ry o ut de ve lo pme nt up o n t he pr oj e c t la nd a nd a ls o ha s a ct ua l , p h ys ica l a nd leg a l po ss ess io n of t he pr o je ct la n d f or th e i mpl eme nta t io n o f th e P ro je ct ; b) T he P ro mot e r ha s la wf ul rig ht s a nd req u isit e a p pr ov a ls f ro m the co mpe te nt A ut h ori tie s to ca r r y o ut de ve lo p men t o f th e Pr o je ct a nd s ha l l obta in re q ui sit e a p pro va ls fr om ti me to tim e to co mpl et e the de v e l opm e n t of t he pr oj ec t; c) T he r e a re n o e n c um bra nc es u po n t he pr oj ec t la n d or t he Pr oj ec t e x ce pt t ho se di s cl ose d i n t he tit le rep ort ; d) T he r e a re n o li tiga ti o ns pe nd in g be f ore a n y Co urt o f la w wit h r es pec t to t he p ro je ct la nd or Pro je ct ex ce pt th o se d is cl ose d in t he titl e r e por t; e ) All d ra w i ng s , sa le pla ns , ot he r dra wi ng s a r e a s gi ve n t o th e Pro mote r by th e a p poi nt e d A r c hit ec t, St ru ct u ra l C o n su lta nt s, ot her c o ns ul ta nt s, the d e ve l ope r ha s t h u s di sc lo se d th e sa m e to t he Al lo ttee / P u rc ha s er/ s a nd t he All ott e e / P u rc ha ser/ s is a wa re t h a t pr o fe ss io na l l ia bi lit y ha ve be e n u n de rta ke n by the m i ndi v id ua l l y a lo ng w it h t he Pr om ote r whi c h sha ll p re va il on t he se co n s ulta nt s i ndi v id ua l l y or c um ula t i vel y a l o n g wit h the P ro mo te r if th e re is a n y l os s/ ha rm th a t is ca use d t o t he Al lo ttee / Pur c ha se r/ s ba s e d o n the se sa i d d eta i ls . f) All a p pr ova ls , li ce n ses a nd pe rm it s i ss ue d by the c om pete nt a ut ho r itie s w it h re spe ct t o t he Pro je ct , a n d sa id bu ild i ng/w i ng a re va lid a nd su bs ist i ng a nd ha ve bee n ob ta i ned b y f ol low in g d ue p ro ce ss o f la w . F urt he r, a ll a pp ro va l s, li ce ns es and p er mits to be i ss ue d by t he co mpe te nt a ut ho rit ies wit h re spe ct to t he P ro je ct , pr o je ct la n d a nd sa i d bu ild i ng/w i ng s ha ll be obta in ed by f ol low i ng due pr o ces s o f la w a nd t he 42 Pro mot er ha s be e n a nd s ha ll , a t a ll tim es , rema i n to be i n co m plia n ce wit h all a p pli ca ble laws in re la tio n to the Pr oj ec t, pr o jec t la n d, Bu ild i ng/w i ng a n d co m mo n a re a s ; g) T he P ro mot e r ha s t he rig ht to en ter in to th is A gre eme nt a nd h a s n ot co mmi tted or om itte d to p e r fo rm a n y a ct or t hi n g, w he reb y th e rig ht , title a nd in te re st o f the Al lo tte e / P ur c ha s er/ s crea ted he rei n, ma y pre j udi c ia ll y be a ff e c t e d; h) T he Pr om ote r ha s no t e nte r e d i nt o a n y a greem e nt f or sa l e a n d/o r dev el opm en t a gr e e me nt or a n y ot he r a g ree men t / a r ra n gem en t w ith a n y pers o n o r pa r ty w it h re sp e c t to t he pr oj ec t la nd , i n cl ud i ng t he P ro je ct a nd t he s a id A pa rt me nt/ Fla t w h i ch w ill , i n a n y ma nn er , a f fe ct t h e rig ht s of A llo ttee / Pu rc ha se r /s u nde r t hi s Agr eeme nt ; i) T he P ro mo te r c on f ir ms t ha t th e Pr om ote r is n ot res tri ct ed i n a n y ma n ne r w ha t soe ve r fr om se l li ng t he sa id Ap a rtme nt/ F la t t o t he Al l ottee / Pur c ha ser/ s i n t he ma n ne r c o nte m pla ted i n t hi s A gre eme nt ; j) At t he ti me o f e x e c ut io n o f th e c o n ve ya nc e deed o f t he st ru ct u re to the a ss oc ia t io n o f A ll otte e / P u rc ha ser/ s t he Pr om ote r s ha l l ha nd o ver la w fu l, va ca nt , pe a c e f ul , p h ys i ca l po sse ss io n o f th e com mo n a rea s o f t he Str u ct ur e t o t he As s oc ia ti on o f t he All ott ee / Pu r cha se r/s ; k) T he P ro mot e r ha s d ul y pa id a n d s ha l l co nt i n ue t o pa y a nd di s ch a rge u ndi sp ut ed go ve r nme nta l d ue s, ra t es , c h a rge s a nd ta xes a nd ot he r mo nie s, le vie s , im po s iti on s, pre mi um s, da ma ge s a n d/ or p en a lt i es a nd ot her o ut go i ngs , w ha t soe ve r, pa ya ble wi th r espe ct t o th e sa i d pro je ct to the c ompe te nt A ut h or itie s u nt il t he Oc c up a n cy / C omp leti o n Ce rt if ica te rec ei ved fr om th e co mpe te nt a ut ho rit y a n d co n ve ya n ce o f l a n d a n d bu ild i ng is pa sse d o n t o t he As s oc ia ti o n o f A pa rtm en t; l) N o no ti ce f rom t he G o ve r n me nt or a n y ot he r lo ca l b od y o r a ut ho rit y or a n y le gi sla t i ve e na ct me n t, go ve rn me nt o r di na n ce , ord er , n ot if i ca ti o n (in c lu di ng a n y n oti ce fo r a cq ui sit io n or req ui sit io n o f t he sa id pr ope rt y) ha s bee n re ce i ve d o r se r ve d u po n th e Pr om oter i n re sp ec t o f t he pro je ct la n d a nd /or t he Pr oj e c t e x ce pt th os e d is c lo s ed i n t he t itl e re po rt . 18. CO V ENA NTS AS TO US E O F S A ID FL AT /AP AR TM E NT : - T he All ottee / P ur c ha s e r/ s or h ims e l f/t he mse lv e s w it h i nt e nti on t o br in g a ll 43 pe rs o ns in to w h os oe v er h a n ds t he Fla t / A pa rtm en t ma y c ome , her eb y co ve na nt s w i th th e Pr omo ter a s fo ll ows f or the sa i d F la t/ A pa rt me nt a nd a ls o t he sa id pr oj e c t i n w h ic h t he sa i d Fla t / Apa rt me nt is si tu a ted . a ) T o ma i nta in t he Fla t/ Apa rt me nt a t t he Al lot tee / Pu r cha ser /s ow n co st in g o od a nd te na nta ble re pa i r a n d c o nd i tio n fr om t he da te t ha t of po sse ss io n of t he f la t / Apa rt me nt i s ta ke n a nd sh a ll n ot d o o r s u f fer t o be d o ne a n yt hi n g i n or t o th e b u ild i ng in whi c h th e fla t / A pa rt men t i s sit ua te d w hi c h ma y be a ga i nst t he r u les , reg ula t i on s or b ye - l a ws or c ha n ge /a lte r or ma ke a dd iti o n i n o r t o t he b uil di ng i n wh i ch t h e F la t/ Apa rt me nt i s sit ua t e d a nd t he Fla t / Apa rtme nt it sel f or a ny pa rt t her eo f w it ho ut t he c on se nt o f th e l o ca l a u th or iti es , a s r eq ui red . b) N ot t o s to re i n t he F la t/ Apa rt me nt a ny go od s w hi c h a re o f ha z a rd o us , co mb us tib le or da nge ro us na tu re or a re s o hea v y a s to da ma ge t he co n str u cti o n o r str u ct ure o f th e b uil di ng in whi c h t he Fla t/ Apa r t men t is sit ua te d or sto ri ng o f whi c h go od s i s ob je ct ed t o b y t he c o n cer ne d l oca l or ot he r a u th or it y a n d s ha l l ta ke ca re w hi le ca rr y in g hea v y pa c ka g es w hi c h ma y da ma g e or l ik el y to da ma g e the sta i r ca se s , c o mmo n pa s sa ge s o r a n y ot h er st r uc tu re of t he bu ild i ng i n w h ic h th e Fl a t/ Apa rt me nt is si tua te d , in c lu di ng e ntra n ce s of t he bu il di ng i n w h i c h t he Fla t / Apa rtm e n t is si t ua te d a nd i n ca se a n y da ma ge is ca us ed to t he bu ild i ng i n w h ic h t he Fla t / Apa r tme nt i s sit ua te d or t he f la t/ Ap a rtme nt on a c c o un t o f ne gli ge n ce or d ef a u lt o f t he All ottee / P ur c ha ser/ s in th is be ha l f, t he A ll otte e / Pur c ha ser/ s s ha l l be li a ble fo r the co n seq ue n ces of the br e a c h . c) T o ca r r y o ut a t hi s ow n c ost a l l in ter na l repa ir s to t he sa id Fla t / Apa rt me nt a n d ma i nta i n th e Fla t / A pa r tme nt in t he sa m e co n dit io n , sta te a nd o rde r in w hi c h it wa s deli ve red b y t h e Prom ote r to t he Al l ottee / Pur c ha se r/ s a nd sha ll no t d o or s uf f er t o be do ne a n yt hi ng i n or to t he bu ild i ng i n w hi c h t he Fla t / Apa rtm en t is si t ua te d o r t he Fla t / Ap a rtme nt w hi c h ma y b e co nt ra r y t o th e r u les a nd reg ula t io n s a nd b ye -la ws o f t he co n ce rn e d l oc a l a ut ho rit y o r ot her pu bl ic a ut ho rit y . I n t he e ve nt of t he All otte e / P ur c ha se r/ s c omm itti n g a ny a ct i n co nt ra ve nti o n o f th e a bo ve pro v isi o n, t he All ott ee / P ur c ha ser/ s s ha ll b e re sp on si ble a nd lia b le fo r the co n se q ue n ce s t he reo f t he c o nc er ned l oca l a u th or it y a n d/o r othe r pu bli c a u th or it y. d) N ot t o de mo li sh o r c a us e to be dem ol is he d the F la t/ A pa r tme nt or a n y pa rt t he re o f , no r a t a n y ti me ma ke or ca us e to b e ma de a n y a dd iti on or 44 a ltera tio n o f w ha te ve r na tu re i n or to t he Fla t / A pa rt me nt or a n y pa rt the reo f , n or a n y a lt e r a ti o n i n t he e le va ti o n a nd o ut si de c ol o ur s ch eme o f the b ui ld in g i n w h ic h the Fla t / Ap a rtm en t i s sit ua t ed a n d s ha l l k eep th e por ti on , se w e rs , dra i ns a nd pi pes i n t he F la t/ Apa rtme nt a n d t he a pp urte na n ce s th e re t o in g oo d te na n ta bl e r epa ir a nd c on dit io n , a nd i n pa rti c ula r, s o a s to s up po rt sh e lte r a n d p r ote ct th e ot her pa r ts o f t he bu ild i ng in w hi c h t he Fla t / A pa rt me nt i s sit ua te d a nd s ha l l not c hi sel or in a n y ot he r ma n ne r ca use da ma ge t o c ol u mn s, bea m s , wa l ls m a de o f red bri c k / l ig ht w e ig ht ce me nt blo c k s / h o llo w ceme nt c o n cret e blo c k s, sla b s o r R C C, R CC P a rdi or ot her str u ct u ra l me mbe rs i n t he Fla t / Apa rt me nt w it h ou t th e prio r w rit te n perm i ssi o n o f th e Pro mot e r, th e a rc hi te ct f or t he pr o j e ct , th e R CC c o ns ul ta nt f or t he p ro je ct a nd /or t he Ass o cia t io n o f Apa r tm e nt . e ) N ot to d o or p e rm it to be do ne a n y a ct o r th in g wh ic h ma y re nd er vo id or v oi da b le a n y i n s ur a n ce o f t he pr o je ct la nd a nd t he b ui ld in g i n wh i ch the F la t/ Apa r tme nt is sit ua t e d or a n y p a rt t her eo f or wh ere by a n y in cr ea se d pre m i um s h a ll be co me p a ya ble i n resp ec t o f t he i ns ura n ce . f) N ot t o t hr ow d irt , r ub bis h , ra gs , ga rba g e o r ot her re fu se or per mi t the sa me to be th ro w n fr om t he sa id F la t/ Ap a rtme nt i n t he c om po u nd or a n y p ort io n o f t he p ro je ct l a n d a nd t he bu ild i ng i n w h ic h th e Fla t/ Apa rt me nt is si tu a te d . g) Pa y t o t he Pr om ote r w it hi n fi ftee n d a y s o f dema nd b y t he P ro m oter , hi s s ha re of se c ur it y de p osi t de ma nde d b y the c o nc er ned lo ca l a ut ho rit y or G o ver nm e n t or gi vi ng w a te r, ele ctr i cit y or a ny ot he r ser vi ce co n ne ct io n to t he b u il di ng i n w hi c h t he Fla t / Apa rtme nt i s s it ua te d . h) T o bea r a n d pa y i n cre a se i n l o ca l ta xe s, wa t er c ha rge s, in s ura n ce a nd su c h ot her le vi e s , i f a n y , w hi c h a r e i mp ose d b y th e co n cer n ed l o ca l a ut ho rit y a nd/ or G ov e rnm e nt w it h ot he r p u bli c a u th or it y, on a c c ou nt of c ha n ge o f us e r o f t he Fla t/ A pa rt me nt b y t he Al lo ttee / P ur c ha se r/s fo r a n y pu rp ose s ot he r t h a n f or p urp o se f or w h i c h i t i s so ld . i) T he A llo tte e / P u rc ha se r/ s s ha l l n ot l et, s ub -le t, t ra n s fer , a s si g n o r pa rt w it h i nte re st or be n e f it fa ct or o f th is Agree me nt or pa rt wi th t he po sse ss io n o f t he Fl a t/ A pa rtm e nt u nti l a ll t he d ue s pa ya ble b y t he All ottee / Pu r cha se r/s to th e P ro mot er u nd er t hi s A gre eme nt a r e f u ll y pa id up a n d u nt il th e co n ve ya n ce of t he s a id f la t/a pa rt me nt is do ne i n the na me o f t he a l lot t e e / p u rc ha ser /s . 45 j) T he All o tt e e / P ur c ha s er/s s ha l l ob ser ve a nd per f or m a l l t he r ul es a nd re g ula t io n s w hi c h th e Ass o cia t io n of Ap a rtme nt ma y a do pt at its in ce pti o n a n d t he a dd i tio n s, a l tera t io n s or a men dme nt s t here o f t h a t ma y be ma de fr om tim e to time f or pr ote ct io n a nd ma in te na n ce o f th e sa id bu ild i ng a n d t he Fl a ts / Apa rtme nt s t he rei n a nd f or t he ob ser va n c e a n d pe r fo rma n ce o f t he B u ild in g R ul es , R e g ula t io ns a nd B ye -la w s f or t h e ti me be i ng o f t he co n ce rn ed l oca l a ut ho rit y a n d o f Go v er nme nt a n d ot her pu bli c bo die s. T he All ottee / P ur c ha se r/ s s h a ll a l so ob se rv e a n d p erf or m a ll t he st ip ula ti on s a nd co n dit io n s la i d dow n b y t he A ss o cia tio n o f Apa rt me nt re ga rdi n g the o c c upa n cy a nd u s e o f th e Fla t / A pa rt m e nt i n the B ui ld in g a n d sh a ll pa y a nd co nt ri bu te reg ula rl y a n d pu n ct ua l ly tow a r ds t he ta xe s , e x pen se s or ot he r o ut -g oi ng s i n a c c or da nc e w ith t he te rm s of t hi s A gre e me nt . k) Ti ll a co n ve ya n ce o f the s tr u ct ure o f t h e bu ild i ng i n w hi c h Fla t / Apa rt me nt i s si tua te d is e xe cu ted i n fa vo ur of As so cia ti on o f Apa r tme nt, the All otte e / P ur c ha s er/s s ha ll per mit th e Pro mot er a nd t he ir su rve y or s a nd a g e n ts , w it h or with o ut wor k me n a nd o th ers , a t a ll re a so na b le time s, to e n te r in to a nd u po n t he sa id fla t / a pa rt me nt , wi n g, bu i ldi ng /s a nd t he s a id p ro je ct or a ny pa rt t her eo f t o view a nd e xa m in e th e sta te a nd c o nd iti o n t he re o f . l) T ha t t he All ott e e / Pu rc ha ser/ s s ha l l in dem ni f y a n d kee p i nde mn i f yi ng the P ro mo te r t ow a r ds a ga i nst a n y a ct io ns , p ro cee di ng s, c ost , cla i ms a n d de ma nd s in re sp e c t o f a n y br ea c h , n on - ob s erva n ce o r n on -p er fo r ma n ce of su c h ob li ga ti o ns give n s pe ci fi ca ll y here in to the A l lott ee / Pur c ha se r/ s . m) T ha t any n omi na ted sur v ey or / a r ch ite ct a ppo in ted fo r s pe ci fi c pu rp ose s sta te d i n t h is c o ve na nt t he fee s of w hi c h s ha l l be m ut ua l ly de c ide d by a nd be tw e en th e P ro mot er a n d t he All ott ee / P ur c ha s e r/s a n d the sa me sh a ll be pa i d b y t he a ll ott ee/p u rc h a ser/ s a s a gre ed mu tu a ll y. n) T ha t n ot hi n g he re i n c o nta i ne d s ha l l co n str ue a s entit li ng t he Al lo tt ee / Pur c ha se r/ s a ny r ig h t on a n y o f th e a d jo i ni ng , ne ig hb or i ng or t he re ma i n in g bu il di ng s/ c omm o n a r ea s et c. o f t he rema i ni ng p orti o n of t he pro po se d p ro je ct la y ou t u nle ss s pe ci fi ca ll y a gre ed a n d c on si d era ti o n dis pe nse d by t he All ot tee / P ur c ha se r/ s t o t h e de ve lo per i n t hi s reg a rds . o) T ha t t he pa r ki ng s pa ce s s ol d t o t he A ll ott ee / P ur c ha se r/s s ha l l be 46 us ed o nl y for t he p ur po se s o f pa rk i ng o f h is/ her /t hei r ow n ve h ic les o f pri va te u se a nd no co mme r cia l v e hi cle s li ke bu s, tr u c k, mi ni - va n, sma ll pi ck - up va n s e t c. i s a llo w e d to b e pa r ked . It is a l so i n fo rme d th a t the sa id s pa ce is de si gn e d a nd ma d e f or u se o f pa r ki n g a c a r, f o u r whee ler li ke ca r a n d sim ila r ve hi cl e s & ve hi cle o f n o t more t ha n f i ve to n n es a n d no t m ore t ha n 2. 2 0 me te r s he i g ht. T ha t thi s ha s be en clea rl y ma de a wa re t o t he All otte e / Pu r ch a se r/s a n d t h e sa me ha s b ee n a g r eed b y the Al lot tee / P ur c ha s e r/s . Bot h th e pa rti e s h e re b y a gre e d f or th e fo ll o win g c ov ena nt s - (I) S P E CI F IC C OV EN ANTS : a) T he All ott e e /P ur c ha se r here in a g ree s a nd c o ve na n ts t ha t f or sa f et y rea so n s, he /s he /the y s ha ll be a ll owed to vi si t a nd in spe ct t he sa i d Fla t / Apa rtme n t d uri ng t he c o urs e o f co n st r u cti o n wit h pri or writt en perm is si on o f t he P ro mote r a nd o n a pre -a ppo i nted time a n d da t e o nl y a nd w ill f oll ow a l l t he sa fe ty n orm s de s cri b e on site by t he P ro m oter or the ir c o ntra ct or s. b) T he Al lot te e / Pu r cha se r sha ll not b e ent itl ed to c a rr y o ut a n y mod i fi ca ti o n or c ha ng e s i n th e sa id F la t / A pa rtm en t d ur i ng or a f ter t he co n str u cti o n o f t he sa id Fla t / Apa rtme n t wit ho ut t he p ri or writt en perm is si on a nd w ri tte n c) co n se nt of t he Pro mote r, th eir a r c hite ct s a nd t he ir R CC co n s ulta nt s. All mo di f ica t io n s a nd c ha n ge s sha ll o nl y be ca rri ed ou t a t the di s cret io n o f th e P rom ote r a nd t hei r a p pr ov a l in wr iti n g on l y. c) T her e is a po ss ibi lit y tha t th ere ma y be som e dra i na ge li ne s, wa ter li ne s or ot he r u tili ty li ne s u nd er t he c a r pa rk i ng wh i ch a re a llo tted to t he A ll otte / P ur c ha s e r/s i n t he ma n ner a s sta te d i n t hi s a g ree m ent or the pi pe li ne w il l be i n t he d u ct or pi pel ine o n t he pa ra p et wa ll o f a tta c he d te r ra ce o r t op te rra ce w hi c h i s a c ces si ble t h ro ug h t h e fla t/ Apa rt me nt a n d the A l lott e e /P ur c ha ser/ s a f t er ta k in g po ss es si on the reo f sha ll perm it t he Pr o mote r a nd or t he ir n omi nee s or t he ma i nt ena n ce a gen c y t o a c ce ss t he sa me f or re pa i rs a n d ma i nte na nc e th ro ug h th eir fla t a nd/ or on t he ir p a r ki ng (i f any a llo tted ) fo r t he sa m e th e All ottee /P ur c ha s e r/ s s ha l l t e mp ora ry r emo v e h is /h er/t he ir v eh i cle s fr om the ca r pa r ki ng t o ca r r y o n t he ma i nt ena n ce wor k s a nd re pa ir s. d) T he All ott e e /P ur c ha se r/s he rei n a dm its a nd a gr ees to a lwa y s a dmit t ha t th e P ro m ote r i s a lw a ys rea dy a n d w ill i ng o n a ll p a yme nt 47 pa ya ble by t he All o ttee/P ur c ha ser/ s u nd er t hi s a g reem en t to t he Pro mot e r a n d t o e xe c ute t he c o nv eya n ce i n res pe ct o f th e sa id F la t / Apa rt me nt on c om plet io n o f c o nst r uc tio n th ereo f , t o g ra n t p os se s sio n o f su c h Fla t / Apa rtme nt . Th e gra nt o f c om ple tio n/ o cc u pa n c y cer ti fi c a te b y the co n ce rn e d a u t ho ri ty , i n res pe ct o f t he s a id F la t / Ap a rtm en t s ha l l be co n cl u si ve p ro o f a s t o c omp let io n o f c o ns tru ct io n o f t he sa id Fla t / Apa rt me nt. e) If a t a n y t ime , a f ter exe c uti o n o f t hi s a gr e eme nt, a n y a d dit io na l ta x/ d ut y/ cha rge s/ prem iu m/ c es s/s u rc ha rge et c. , b y wha te ve r na me ca l le d , is le vie d or re c ov ere d or be co mes pa ya ble u nd er any sta t ute / r ule / re g u la ti o n n oti f ic a ti o n ord er/e it her b y t he Ce ntra l o r t he Sta te G o ve r nm e n t or by t he lo ca l a ut h ori ty or b y a ny re ve n ue o r ot her a ut ho rit y , i n re spe ct o f t he sa id la n d o f t he sa id pr o je ct or th e sa i d F la t / Apa r tme nt or t hi s a gr eeme nt or the tra nsa ct io n her ei n , s ha l l e x cl us i ve l y be pa i d/b or ne by t he All otte e/P ur c ha ser/ s. T he All otte e /P ur c ha s e r/ s h ereb y , a lwa y s i nde m n if ies th e Pr om oter f r om a l l su c h le vie s c ost a nd c on se qu en ce s. f) Aft e r t he P rom ote r obta in i ng t he co mple tio n/ o c cu pa nc y ce r ti fi ca te i n re spe ct of t he sa id pr oj ec t / sa i d wi ng wh ere t h e Fla t/ Apa rt me nt is sit ua t e d, t he Pr om ote r s ha ll a l s o e xe cu te su c h ot her do c ume nt a s re q uire d su c h a s S up ple me nta r y A gree me n t, P o sse ss io n R e ce ipt , I nde m n it y De cla ra ti o n, U nde rta ki ng , D eed of Apa r tme nt, Tra n s fe r De e d e t c ., whi c h e ve r ma y be req ui red by t he a llo ttee/ pu rc ha se r /s or w ha te ver t he Pr om oter fee ls s uita ble b y th e l a w. T he c ha rg e s pa ya ble t ow a r ds t he sa me i f a n y a p pli c a b le wi ll a lw a y s be bor n e by t he All otte e /p ur c ha ser/ s. g) T he Al lo tte e / Pu r ch a se r /s is /a re her eb y pr o hi bite d f rom ra i si ng a n y ob je cti o n i n th e ma t t er o f sa l e o f F la t / A pa rtm en t t o w ho ms oe ver t he Pro mot e r ma y de e m f i t a nd a l s o a ga i n st a ll o tme nt o f a ny e x cl us i v e rig ht to u se ga ra ge , Pa r k in g Spa ce s, t erra ce /s , ga rde n spa ce/ s, spa c e/s for a dv e rti se me nt, in sta ll a tio n o r wi rele ss c o mmu n ic a ti on tow ers or a n y ot he r s s pa c e /s w h e t h er c o nst r uc ted or n ot a nd ca lled u nd er w ha t soe ve r na me , e t c . o n th e gr ou n d o f n ui sa nc e, a n no ya n ce or in c o nv en i en ce f or a n y pr o fe s si o n, t ra de or b us i nes s et c. a l s o on g ro u nd o f hea lt h h a za rd s w it ho ut a n y o f fi cia l pro o f tow a rd s it a nd tha t ha s bee n or will b e pe rm itte d b y la w or b y l oca l a ut hor it y i n t h e co n ce rn ed l oc a li ty . Fo r t he a f ore sa id p u r p ose the Allo ttee/ P ur ch a se r is/a re by e xe cu ti ng thes e 48 pres e nts ha s /ha v e gi v e n his /h e r/t he ir i rre v oca ble c on se nt a nd f or t hi s rea s o n a se pa ra te co n se nt f or th e s a me wil l no t b e r eq uir ed . h) N ot hi ng c o nta i ne d in t hi s a gree me nt is i nte n ded to be n or s ha ll be co n str ue d a s a gra nt , de mi se o r a s sig nm en t in la w in res pe ct o f t h e sa id la n d a n d b ui ldi n g/s /w in g/s or a n y pa r t th e reo f e xc ept t he sa i d Fla t / Apa rt me nt. T he A ll otte e /Pu r ch a se r/s s ha l l ha ve n o cla im sa ve a nd ex cept in r es pe ct o f t he sa i d F la t / A pa rt me nt h e reb y a g ree d to be s old to hi m/ her/t he m a n d a ll co mm on a r ea s , c hi ld r en pla y a r ea et c. wi ll rema i n the p ro pert y o f the P r omo te r u nti l th e sa i d l a nd a nd b u ild i ng i s Co n ve yed to t he As so c ia ti o n o f A pa rt me nt a s m en tio ne d here in above and the rea fte r a l l t he co m mo n a me nit ies h erei n a b o ve w il l be t he c omm o n pro per ty o f t he A ss o cia t io n o f Apa rtme nt a nd w ill be g o ver n ed a n d ma i nta i ne d u nde r t he a pe x b od y o f t he A ss o cia t io n o f Apa rtme nt . i) An y de la y to le ra t e d o r in d ulg en ce sh ow n o r omi ss io n o n t he pa rt of t he P ro mot e r in e n f or ci ng t he te rm s a nd co n dit io ns o f th is a gr e eme nt or a n y fo rbe a ra nc e o r gi vi n g ti me t o t he All otte e/P ur c ha s er/ s by t h e Pro mot er sha ll n ot b e c on st ru e d a s t he wa iv er o n t he pa rt of t he Pro mot er o f a n y bre a c h or n o n - c omp lia n c e o f a n y o f th e te r ms a n d co n dit io ns o f t hi s a g r e e me nt b y t he Al lot te e/Pu r ch a se r/s nor s ha ll t he sa me i n a n y ma n ne r p re j u di ce th e r ig ht s of t he Pr om oter . j) In t he e ve nt o f t he a n y A ss o cia t io n o f Ap a rtme nt be in g f orme d a nd reg is te re d b e f or e the sa l e a nd di sp osa l of a l l t he Fla t/ A p a rt m ent i n the bu il di ng/ w i ng / Pr oj e c t. A ll t he po wer , a ut ho rit ies a n d r ig ht of a ll t he u ns ol d Fla t / A pa rt me nt i n t he e nti re sa i d pr o je ct a nd a n y a d diti o na l a ddit io n , i f a n y, t o the p ro je ct he rei n s ha l l be a l wa ys b e w ith t he Pro mot er‟ s o nl y a n d the P ro mot e r wi ll a l wa y s ha ve o ver a l l r ig ht to dis po se o f un s old fla t / Apa rt me nt a n d a ll ot men t o f ex cl u si ve ri g ht s to us e a n d se ll un -a l lo tt e d pa r ki n g sp a c e/s , t erra ce/ s, spa ce/ s for ga rde n pu rp ose , s pa c e /s fo r a d ve r ti seme nt , ins ta l la ti o n of wire les s co mm u ni ca ti o n t o w e r s e tc . a n d a ll ot her ri ght s t her eto . T he Pr o mote r will a l o ne ha ve t he e n tire ri g ht t o c ol lec t a ll th e co n si dera t io n f ro m s u c h dis po sed Fla t / A pa rt m e nt , pa r ki n g s pa ce , te rra ce, et c . T he Pr om o ter w il l a ls o ha ve th e si ng ula r r ig ht to co lle c t a m ou nt fr om t he s old fla ts/a pa rt me nts be f o re t hi s da te a n d he a lo ne w ill ha ve th e r ig ht t o co lle ct a nd ut ili z e t he ba la n ce a mo u nt/ s re ce i ved . T he All ottee /P ur c ha s e r/ s o r a n y ot he r t en eme n t h old er i n t he bu il d in g o r membe rs of t he a pe x bo dy / a d - ho c c o mmitt ee or A ss o cia t i on of Apa rt me nt or t he ma i n te na n ce c ompa n y a s t he ca se ma y be w il l n ot ha ve 49 a n y ri g ht o n th e a b o ve no r s ha ll t he y ha v e a n y r ig ht t o d ema n d a n y a mo u nt f ro m th e Pr omo ter her ei n i n re spe ct o f t he u ns old Fla t / Apa rt me nt t ow a rds t h e ma i nte na n ce c ha r ge s o r p r o po rti o na te s h a re i n the co mm on e xp e n se s et c. o r a n y a mo u nt un der hea d o f d on a tio n o r tra n s fe r cha rge s e t c. k) N otw i th sta nd i ng a ny th in g c o nta i ne d a n yw he re i n th is a gree me nt, it is spe ci f ic a ll y a g re ed betw ee n th e pa r ti es h eret o t ha t , th e P rom ote r sha ll ha ve a l l th e ri gh ts u n der t hi s a g reem e nt a nd ot her a g ree me nt s i n re sp e c t o f th e o th e r Fla t / A pa rt me nt s ha ll be s u bs ist in g u nti l a ll t he pa y me nts i n cl us iv e o f the a m ou nt o f c on si d era ti o n, i n re spe ct o f a ll t he Fla t / A pa rt me nt in t he b uil di ng /wi n g i s re ce ive d by t he Pr om oter . l) T he P ro mot e r her ei n ha ve no t u n dert a k en a n y re sp o ns ibi lit y n or ha ve t he y a g re e d a n yt hi ng w it h t he Al l ottee /P ur c ha se r/ s ora ll y or ot he rw ise a nd t he re is no im pl ied a g reem en t or c ov en a n t o n the p a rt o f the P ro mot e r , ot he r t ha n t he te rms a n d c on dit io n s ex pre ss l y pr ov ide d u nde r t hi s a gre e me nt . m) If a n y spa ce o pe n to s ky a d ja ce nt t o th e fla t/ a pa rt me nt a t pod i um f lo or le ve l a p pro ve d a s a d ja ce nt te rra ce or a tta c he d terr a ce o n a n y fl oo r o r to p te r ra ce a b ov e a ny f la t/ a pa rt me nt, ha s/ ha v e bee n a llo t te d by t he P ro mote r to th e A ll ott ee/P ur c ha se r/ s of any fla t/ a pa rtm e n t i n th e w i n g/ b uil di ng /s , s u ch r e spe ct iv e a ll otte e/p ur c ha s er/ s a nd O c cu pie r of s u c h fla t/ a pa rt me nt sh a ll en jo y u si n g t he sa m e a s hi s pe rs o na l a tta c he d ga r den , va ra nda h or a tta c hed ter ra ce e tc . b ut is not e nt itle d t o e re ct a n y typ e o f per ma ne nt or temp ora ry st ru ct u re t her eo n or to sto re s oil or s ol i d thi n gs o n a n y pa rt o f t he terr a c e, vera nd a h et c. , or to use a n y pa rt o f th e terra ce o r pa ra pet wa ll a s the pa rt of t he fl ow e r be d or w a te r b od y et c. i f th e a ll ott ee / pu rc ha ser/ s o r O c cu pier o f fla t/ a pa rt me nt h old e rs in t he wi ng/ b ui ld i ng/ s c omm it brea c h of t hi s co n dit io n, t he Pr om oter here in s ha ll be e ntit led to re mo v e s u ch str u ct ure / s o f a n y k in d a t the co st a nd r is k of s uc h a l lot tee/ p u rc h a s er/ s or oc c up ie r and r ec ov er t he c os t of re mo va l f rom such a l l ottee / pu rc ha se r /s or o c c upi er . In l ig ht of t hi s c o nd iti on , t he All otte e /P ur c ha s e r/ s h erei n u n derta k es to a bide a f ore sa i d c on dit i on a nd u nde rta ke s no t to er ect a ny t yp e o f str u ct ure i n a n y p re mi se s bei ng a llo tte d a s a n e x cl us i ve r ig ht t o us e i n t he a tta c he d te rra ce , v er a nda h , ope n s pa c e , a tta c he d ga rde ns , pa r k in g sp a ce et c. a lo ng wi t h the sa id Fla t / A pa rt me nt, i f a n y. 50 n) T he Al lot te e / Pu r cha se r/s s ha ll o f fer hi s/ h er/t hei r u n co n dit io na l su pp ort f or co mpl ia n ce a s re q ui red b y lo ca l/ sta t e/ ce ntra l g ov e rnm e nt in cl u di ng se m i - go ve r n me n ta l a ge nc ie s a nd pol l uti o n c o ntr ol b oa r d. A n d whi c h i n cl ud e s ope ra tio n of th e sew era g e trea t me nt pl a n t / Wa ter trea tm en t pla nt , ra i n w a te r ha r ve sti ng , et c a s ma y be a p pli ca bl e a nd i f pro v ide d. T he Al lo tte e /Pu r ch a se r/s h ere by gi ve s hi s/ her/ t heir co n se nt a nd n o o bj e c ti on to the P ro mo ter a nd la ter t o t he A s so cia t io n o f Apa rt me nt / t he ma i nt e na n ce c om pa ny t o o p era te a nd r u n fa c ili tie s s uc h as sew era g e tre a t m e nt p la nt/ wa t er fi ltra t io n p la n t, ra i n wa ter ha r ve sti n g, a s ma y b e a ppl i ca bl e a n d i f p r ov ide d et c . a s p er t h e ru les a nd re gu la ti o ns im po s e d b y t he c on ce r ned a ut ho rit ies . o) T he Al lo tte e / P ur ch a se r /s is a w a re t ha t s om e or a l l o f t he a tta c hed terra ce s/ba l co n y o f c e rta i n f lo or s/a l l fl oo r s a re pa rtia ll y c ov er ed o r dire ct l y e xp ose d t o s k y. p) In ca se a f te r th e p os s e ss io n o f t he sa id Fla t / Apa rtme nt i s ha nde d ov er t o t he Al lot te e / P ur c ha s e r/ s a n d t he Al lott ee/P ur c ha ser/ s wa nt s to let ou t or re nt or le a s e or g iv e o n lea ve a n d li ce n se ba s is th e sa i d F la t/ Apa rt me nt, t he n i n s u c h a n e ve nt , t he Al lot tee/P ur c ha s er/ s s ha l l in f orm in wr iti n g to t he Pr omo te r or t he Ape x bod y o f t he As s oc i a tio n o f Apa rt me nt, t he de ta il s o f s u c h te na nt o r l i ce ns ee a nd ca re ta ke rs a n d ha s t o co mp ul so ry t a k e a N. O. C. fr om t he P r omo ter a nd su bs eq ue n tly t he a pex b od y o f t he As s oc ia ti o n o f Apa rtme nt a nd o nl y a fter r ece i v in g the N .O. C. t he a ll otte e / pu rc ha se r /s ca n re n t ou t, l ea se e tc the fla t/ a pa rtm en t. Th e a l lot te e / p ur c ha s er/ s a nd t h e L ic en see o f th e Lea ve a n d li ce ns e/ o cc u pie r o f t he fla t /a pa r tme nt w h o ha s ta ke n on re nt, h a ve t o co mp ul so r y a d he re b y t he te r ms a n d co n diti o ns a s me nti o ned in t he N .O. C. a nd c omp l y w it h t he m. q) “S H R EEJ I S KY GR E E NS ” pr o je ct is a la rge pr o je ct w it h a lo t of a men iti es a nd f a c ili ti e s. T he po sse ss io n o f t he fla t / a pa r tme nt in t he pro je ct wi ll be de li ve re d to t he res pe cti v e a ll ott ee/ p ur c ha se r/s a f ter co mpl eti o n o f t he c on str u cti o n o f t he Fla t/ Apa rt me nt / W i ng / b ui ldi n g a nd it s co n str u cti o n i n a ll re s pe ct a nd a fte r re ce iv i ng t he com pl etio n / oc c upa n c y c e rt if i ca te f rom t he Na sh i k M u ni ci pa l C orp ora ti on . Fu rt h er it i s clea rl y i n for me d t o t h e Al lot te e / P ur c ha s er/ s t ha t c om ple ti on o f c omm o n fa cil iti es o f t he b ui ldi n g/s w ill o nl y ha p pe n i n fu rt her 1 8 m o nt hs i n whi c h su c h t e neme nt i s s it ua te d or a f ter th e c omp leti o n o f t he la st wi ng / bu ild i ng a nd w il l be h a nde d ov e r t o t he a pe x b od y of th e A ss oc ia t io n o f Apa rt me nt. 51 r) It s ha ll b e th e du ty o f t he All ott ee/ P ur c ha ser t o ta ke i n s ura n ce co ve r fo r t he sa id Fla t/ Apa rtme nt a s ma y be re qu ire d b y him /h e r/t hem or u nd e r la w . s) It is c le a r l y sta t ed a n d u nde rst oo d b y the All ottee /p ur c ha s er t ha t the fla t w i ll not be g i ve n fo r p os ses si o n wit ho ut th e c om plet e c i vi l wor k do ne . N o ci vi l w or k o r cha n ges wi ll be a ll o wed a t a l l a s sta te d a bo ve . Onl y f ur nit u re w o r k c a n be c a r ried o ut b y the a l lo ttee / p ur c ha s er/s i f de ma nd s t he po s se s si on f or fit ou t a ft er t h e fla t / a pa r tme nt i s r ea d y in a ll r e s pe ct b ut be f ore the c om ple tio n / o c c upa n c y cert i fi ca te is r ece iv ed fr om t he lo ca l a ut h or ity . A lett er f or p os s ess io n f or fit ou t ha s to be sig ne d b y t he a ll ott ee / pu r ch a se r/s a s per t he gu ide li ne s o f t he Pro mot e r / t he a pe x b od y o f t he A ss o cia t io n o f Apa rtme nt . T he a l l ottee / pu rc ha se r /s is a l so m a de t o u nd er sta nd v e ry c lea r l y t ha t he/ s h e/th ey ca n ta k e the p os se ss i on fo r ma ki ng o f fu r ni tur e be fo re th e c omp l etio n / oc c upa n c y ce r ti fi ca te is re cei ve d fro m t h e lo ca l a ut ho rit y b ut ca n not re si de / sta y i n t he fla t/ a pa rtm en t un til the c omp let io n / o c c upa n c y ce r ti fi ca te is r e c e i ve d fr om t he l o ca l a ut ho r ity . It is a l s o u nd ers t oo d b y the a llo tt e e / p ur c ha ser/ s t ha t if he / s he/t he y des ire to t a ke t he po sse ss io n f or ca rr y in g o ut t he f ur n it ure w or k o nl y t he n a l so t he y ha ve to pa y t he ba la nc e 5 % a mo u nt or a n y ba l a n ce a mo u nt a l o ng w ith a l l a ppl ic a ble ta x e s a n d ma i nte na nc e cha rge s etc a s s ta te d a b o ve a nd o nl y a fte r re ce iv i ng t he s a me th e Pr om oter w il l gi ve i n wr iti ng th e let ter o f po sse ss io n fo r fit o ut. It is a ls o ver y cl ea r wit h t he a l otte e/ p ur c ha s er/ s tha t t he le tte r o f po s ses si o n fo r fit o ut do es no t gr a n t him / he r/ t hem the ri g ht t o sta y / o c c up y th e fla t / a pa r tme nt . (II ) S P E C IAL CO V EN ANT A S TO T H E AL T E RA TI ON A ND S C H E M E: a) T he Pr om ote r h ere in ha s res er ved t he rig h t to a ma lga ma te t he a dj oi ni n g la n ds w it h t he sa i d la n d f or ef f ec t ive de ve lo pme nt . b) T he Pr om ote r he re in ha s spe ci f ica ll y in fo rme d to t he All otte e /P ur c ha s e r/ s a nd Al lo ttee/ Pu r cha se r/s h erei n i s/a re a l s o we ll a w a re t ha t , t he Pr om o ter her ei n i s d e vel opi n g t he sc he me w it h i nt e nt io n to ha v e t he ho mo ge n eit y i n t he s c he me a s to la nd s ca p in g, he ig ht a nd e le va ti o n o f the b u i ldi ng , o ute r c ol ou r sc he m e, te rra ce s, wi nd ow s, te rra ce R a ili n g e t c. a nd he n ce t he All ott ee /Pu rc ha ser /s or a n y o wne r o r oc c up ie r o f t he fla t/ A pa rtm en t i n t he b ui ldi ng or s c hem e s ha ll a nd wil l no t be e nt itle d t o di st ur b t he a fo resa id ho m oge ne it y o f t he sc he m e or t o e re ct a ny ty pe of pe r ma ne nt or temp ora r y str u ct ure o n t he te rra ce s or to sto re so il o r he a v y t h in gs o n ter ra c es , c ha nge t he c ol o ur o f th e o ute r 52 wa ll/ c ha ng e w in do w s a n d i ts gla ss , c ha nge th e ra il in g or a n y a lt era ti o n tha t w ill dis tu rb or s p oil t he e le va ti o n or t h e ho mo ge ne it y o f the ent ire des ig n and e le va t io n. T he A ll ottee /P ur c ha s er/ s he rei n spe c if ica ll y u nde rta kes t o a bi de b y th e a f ore sa i d c on dit io n a n d o n rel yi ng up on t hi s u nde rta ki ng , t he Pr om ote r he re i n ha ve a gre ed to a ll ot a n d se ll th e sa i d Fla t / A pa rt me nt t o t h e Al lo t te e /P u rc ha ser /s he rei n o n ow ner sh ip ba s is , su b je ct to th e te r m s and co nd iti o n me nti o ned in th is Agr eeme nt her ei na b o ve a n d he re a fte r. c) T he Pr omo te r h e re in ha s re ser ve d t he ri g ht to di vi de th e s c he me pha se wis e or to ha ve e nt ire s c he me a s o ne sc he me. d) T he Pr om ote r he re i n i s pr ov id in g a me ni tie s / ma teri a l / pla n t a n d equ ip me nt in co mm on a re a /fa c ili tie s li ke el eva t or s, el ec tri c r oo m s, fire - fi gh ti ng s yst e ms , p la y a r e a , f or t he fl a t/ a pa rtm en t hol der s i n t he pro je ct . T he sa id pla n ts a nd e q u ipm en t a r e to be ope ra te d, ma i nt a ine d, us ed b y a ut h or ize d pe rs o ns w it h du e ca r e a n d di li ge nc e ta ki n g i nto co n sid era t io n a ll sa fe t y g u ide li ne s a nd mea s ure s. It is s pe ci fi ca l l y a gree d betwee n t he pa rtie s h e re t o tha t , t he Pr om o ter s ha l l n ot be re sp o ns ibl e fo r f urt he r ma i nte na n ce of t he a me nit ie s i n t he sa id pr oj ec t a f ter ha ndi n g o ve r o f p re mi se s t o A ss o cia t io n of Apa rt me nt a nd t he a p ex b od y sha ll t he n se t it s ow n nor ms fo r us e o f Co mmo n a me ni tie s. It i s fu rt her a gree d t ha t t he Pr om o te r s ha ll i n n o ma n ner be re sp o ns ibl e o r lia b le for any m is us e , i nj u rie s , ca u sa l iti es/ ca la mi ties or any da ma g es of wha t so ev er na t ure ca us e d t o a n y p ers o n o r pro pert y i n r esp ec t o f t hes e a men iti es or a n y ot he r a me nit ie s i n th e sa id pro je ct . 19. N A ME O F T H E P R OJ E CT / B U IL D IN G/S / W IN G/S : N otwi th sta nd i ng a n yt hi ng c o nta in ed a n yw h ere i n t his a g reem en t, i t i s spe ci f ica ll y a gre e d be t w e e n t he pa r tie s her e to t ha t, t he P ro mo ter her ei n ha s de c ide d t o ha ve th e na me o f t he Pr o je ct “S H R EEJ I S KY GR E E NS ”. 20. ENT I R E AG R EE M EN T AN D R IG H T TO AM EN D: T hi s Ag ree me nt, a lo n g w it h it s sc he d ul es, c on st it ute s t he ent ire Agree me nt be tw e e n t h e Pa rt ie s w i th re sp ec t to t he s ub je ct ma t ter her eo f a nd s u per se de s a n y a n d a ll u n der sta nd i ng s, a n y ot her a g re eme nts , a llo tme nt le t te r , c orr e sp on de n ce s , a rra ng em ent s w he th er wri tte n o r o ra l , if a n y , b etw e e n t h e P a rtie s i n re ga rd to t h e sa i d fla t / a pa rtm en t . T his a gree me nt m a y o n ly b e a me nd e d th ro u gh wr itte n c on se nt o f th e P a rtie s. 21. RI G HT O F AL L OT TE E / P UR C H AS E R /S T O US E CO M MO N A RE AS 53 AND FA C IL ITI ES S U BJ E CT TO P A YM EN T OF T OT AL M AI NT EN AN C E C HA R GES : T he A ll otte e / P u rc ha s er/ s here b y a g re es to p ur c ha se t he Fla t/ Apa rt me nt o n t he sp e ci fi c u n der sta ndi n g t h a t is /h er rig h t i s t o o nl y to the u se a nd u nl e s s s pec i fi ca l ly a ll ott ed gi ve n vi des (li mit ed) c omm o n a re a s/ fa ci lit ie s , th e u se o f th e Co mm on A re a s/a me n itie s s ha l l be su b je ct to t ime l y pa yme nt o f tota l ma in te na n ce c ha r ges , a s de ter mi ne d a n d the re a fte r bi lle d b y t h e ma i nte na n ce a ge n c y a ppo i nted or t he As so cia t io n of A ll otte e / Pu r cha se r /s ( or t he ma i nte na n c e a ge n c y a pp oi nte d b y it a n d pe r fo rma n ce by t he A llo ttee / P ur c ha ser/ s of a l l hi s/ her ob li ga ti on s in re sp e c t o f t he te rm s a nd c o ndi ti on s spe ci f ie d b y t he ma i nte na n ce a gen c y or th e a ss oc ia ti o n o f A llo ttee / P u rc ha ser /s f rom ti me t o time . 22. M EAS U R E ME NT OF THE C A RP E T A R EA OF THE S AI D FL A T/AP A RT ME NT ( As P e r R E RA Ca rp e t Ci rc ul ar) : T he Pr om ote r sh a ll co n fir m th e fi na l ca rpet a rea tha t ha s b ee n a llo tted to t he Al lo tte e / P u r c ha se r/s a ft er t he co ns tr u cti on o f t he B ui l di ng i s co mpl e te a nd t he c o mple tio n / o c c upa n c y cert if i ca te i s gra nte d by t he co mpe te nt a u th or it y, by f ur ni s hi ng de ta i ls o f t he c ha ng es , i f a n y , in t he ca r pe t a r e a , s ub je ct t o a v a ria ti on ca p o f t hre e pe rc en t. T he t ot a l pr ic e pa ya ble fo r t he ca rp e t a rea s ha ll be re ca l c ula t ed u po n c o nti n ua t io n by the Ar c hit e c t of t he p ro je ct . I f t here i s a n y re d u ct io n in t he ca rp et a re a w it hi n th e de fi ne d l i mit t he n Pro mot er s h a ll re f un d th e ex ce ss mon ey pa id b y Al lot te e / Pu r c ha se r/s w it hi n f ort y - f ive da y s wit h a n n ua l i nte res t a t the ra te sp e c i fie d in t he R ule s, fr om t h e da te wh en su c h a n exce s s a mo u nt w a s pa id b y t he All ott ee / P ur c ha se r/s . I f t here i s a n y i n crea se in th e ca rp e t a re a a l l otte d t o A llo ttee / P u rc ha ser/ s, t he P ro mot er s ha ll de ma nd a dd iti o na l a mo u nt fr om t he All ot tee / P ur c ha se r/ s a s per th e ne xt mi le s to ne o f t h e Pa ym en t Pla n. A ll the se m on eta r y a d j us tme nts sha ll be ma de a t the sa me ra t e per sq ua re meter a s a g ree d in cl a us e 2 of t hi s Ag re e m e n t. Th a t in s u c h a ca se , t he pa rtie s he ret o a gre e tha t a no mi na te d a rc h ite ct a s a n e xp ert be a pp oi nte d m ut ua ll y t o t a ke h is e xpe rt o pi ni o n o f mea su ri ng t he sa id fl a t/a pa rtm en t a n d s ub mitt i ng t he sa id de ta il s. 23. P R OV IS IO NS O F TH IS AG RE E ME NT AP P L I C ABL E O N AL L OTT EE / P U R C HA S E R/ S AN D S U BS E Q UE NT AL L OTT EE / P U R C H AS E R/S It i s cle a rl y u nde rst oo d a n d s o a gree d b y a n d bet wee n t he P a rti es her eto tha t a l l th e pro v is io ns co nta i ned here i n a nd t he o bli ga ti o ns a ris i ng he r e u n de r i n re spe ct of t he sa id p ro je ct s h a ll eq ua l l y be a pp li ca ble to a nd e nf or ce a ble a ga i ns t a n y s u bse q ue nt A llo ttee / P ur c ha ser/ s of t he 54 Fla t / Apa r tme nt , i n ca se o f a tra ns fe r, a s t he sa id o bli ga ti o ns g o a lon g wit h t he F la t/ Apa rtme nt f or a ll i nte nt s a n d p ur po ses . T ha t th e A ll otte e / P u rc ha se r/ s a gree t ha t t he y sh a ll n ot ob je ct t o a n y ea sem en t r ig ht s t ha t ne e d t o be gi ve n to a n y per so n i n a nd a r o u nd t he sa id p ro je ct a nd s ha l l n e it he r ob je ct to a n y s uc h p ro cee d i ng s o f la nd a cq ui si ti on u nd e rta k e n by a go ve r nm ent a ge n cy i nc l udi n g any co mpe n sa ti o n/ be ne fi t giv e n t o t he Pr om oter i n t ur n f or w hi c h n o co n ve ya n ce ha s o c c ur re d t o t he u lti ma te b od y e xp res sl y sta te d in th is a gree me nt a n d f or w h ic h no co n sid era t io n i s spe c ia ll y d is pe nse d by t he All ottee / P ur c ha se r/ s to th e Pr omo ter fo r th e sa me ; sa ve a nd ex c ept h is rig ht to en j o y a nd u se t he f la t/a pa rt me nt pu r cha se d b y hi m a nd a n y ot her ri g hts g iv e n b y th e de ve l ope r t o t h e Al lo ttee / Pu r cha se r/s f or whi c h c o nsi de ra ti on h a s b e e n d is pe nse d. 24. RE GI S T RAT I ON OF T H IS A G RE E ME N T: - T he Pr om ote r he re i n s ha l l p re se nt t h is Agree me nt as wel l a s t he co n ve ya n ce a t t he pr ope r re gis tra t io n o ff i c e f or r egi str a ti o n wit hi n t he time lim it p re s c ribe d by th e R eg ist ra ti o n A ct a nd t he Al lo ttee / Pur c ha ser/ s w ill a tte nd s uc h o f fi ce a nd a dmit ex ec ut io n t he r eo f, o n rec ei vi ng t he i ntim a ti o n fr om t he Pr omo ter . 25. P A YM E NT O F S T AMP D U TY , R EG IS T R ATI ON F EE & L EG AL C HA R GES : T he A ll otte e / P ur c ha s e r/s he re i n s ha ll on l y bea r a nd pa y sta mp d ut y a nd regi str a ti o n fe e s a n d a ll ot he r i n ci de nta l ch a rge s et c . in re sp ec t of t hi s a gree me nt a n d a l l ot h e r a gre e me nts o r a n y fi na l co n ve ya n ce dee d wh i ch is to be e xe c ute d b y t he Pr om ote r i n fa vo ur of Al lot tee / Pu r ch a s er/s o r Ass o cia t io n o f A pa rt me n t i .e . t he o rga ni sa ti o n a s ma y be f o rmed i n whi c h th e A ll otte e / P ur c ha s e r/ s w ill be t he membe r. T he Al lot te e / P u rc ha se r/ s s ha ll a l s o pa y t o t he Pr om ote r a s um o f R s . 2 0, 0 0 0/ - (R u pe e s Tw e nt y T ho u sa nd o n ly ) fo r meet i ng a l l leg a l c ost c ha rg es a n d e x pe ns e s , i n cl ud in g p ro fe ss io n a l c os ts o f t he A tto r n ey -a t - La w/ Ad vo ca t e s o f t he Pro mot e r i n c on ne ct io n wi th f or ma ti o n o f t h e sa i d Ass o cia t io n o f Apa r tm e nt a n d f or pre pa r in g it s ru le s, reg u la ti o ns a nd bye -l a ws a n d t he c os t o f pre pa ri n g a n e n gro ss i ng t he co n ve ya n ce or a ss ig nme nt ri g hts . 26. WA IV E R N OT A L IM IT AT IO N TO EN F O R CE 2 6. 1 T he Pr omo te r ma y, a t it s so le opt io n a nd di s cret io n , w it ho u t 55 pre j udi ce t o its r ig ht s a s set o ut i n t hi s Agre eme nt, wa iv e the b rea c h by the Al lot te e / P ur c ha s er/s i n no t ma ki n g pa yme nt s a s p er t he Pa yme nt Pla n in c lu di ng w a iv i ng the pa yme nt of i nt ere st f or de la yed pa y me n t. It i s ma de c le a r a n d so a g reed b y t he Al lo ttee / Pu r cha se r/s t ha t exe r ci se o f dis cr e ti o n by t he Pr om oter i n t he ca se o f o n e Allo ttee / P ur c ha se r/ s sha ll no t be c o ns tr ue d t o b e a prec ede nt a nd / or bin di ng on t he P rom oter t o e xe r c ise s u c h d is cr e ti o n in t he ca se o f ot her All ottee / P ur ch a se r/s . 2 6. 2 Fa i lu re on th e pa rt o f the Pr omo ter t o e n f o rce a t a ny tim e o r f or a n y pe ri od o f ti me t he pro v is io ns t here o f s h a ll no t be c o nst ru ed t o be a w a iv e r o f a n y p ro vi si o ns o r o f th e r ig ht t he rea fter to e nf or ce ea c h a nd e ve ry p ro vi si o n. 27. S ER V E RAB IL ITY If a n y pr ov is io n s o f t hi s A gree me nt sha ll b e dete rmi ne d t o be v oid or u ne nf or ce a ble un de r th e A ct or t he R ule s and R eg u la ti o n s ma de the re un de r o r u nde r ot he r a p pli ca ble la w s, s u c h p ro vi si o ns o f t he Agre e me nt sha ll be de emed a me nde d or del eted i n so fa r a s rea s ona bl y in c on si ste nt w i th t he purp o se o f th is Ag reeme nt a nd to t he e xte nt ne ce ssa r y t o co n f orm to Ac t or R u les a nd R egu la ti o ns ma de th ere u nde r or t he a pp li ca b le la w, a s t he ca s e ma y b e, a nd th e re ma i ni ng pr o vi si o ns of t hi s Ag re e m e n t s ha l l rema i n va li d a n d en f or cea b le a s a p pli ca ble a t the time o f e xe c ut io n o f t hi s A gre eme nt . 28. P L A C E O F E XE C U TIO N T he e xe c uti o n of t h is A gre eme nt s ha l l be co mple te o nl y u po n i ts e xe c uti o n b y t he P r omo ter t hr ou g h i ts a ut ho ri sed s ig na t or y a t t he Pro mot e r‟ s O f fi ce , or a t s ome o th er pla ce , whi c h ma y be mu tua ll y a gre ed be tw e e n t he Pr om ot er a nd t he Al lot tee / P u rc ha ser /s , a ft er t he Agre e me nt i s d ul y e xe cu ted b y t he Al lo t tee / Pu rc ha ser /s a n d the Pro mot e r o r s im ulta ne ou sl y w it h t he e xe cu ti on th e sa i d Ag ree me n t sh a ll be re g ist e re d a t th e of f ic e o f t he S u b -R e gi stra r. H en ce t h is A gr eeme nt sha ll be de e me d to ha ve bee n exe c ute d a t N a sh i k. 29. N OT I C ES T ha t a ll not i ce s t o b e se r ved o n th e A ll o ttee / P ur c h a ser/ s a nd t he Pro mot e r a s co nt e mp l a ted b y t hi s Agr eeme nt s ha ll be deeme d t o ha ve be e n d u ly s e r ve d i f se nt to t he All otte e/ Pu r c ha se r/s o r t he Pr om o ter by R e gi ste r e d Po st a t t he ir r es pe cti ve a dd re sse s s pe ci fi ed bel ow : Na me & A dd r ess of All o t t e e / P u rc has e r /s 56 1) M R. _ __ ___ __ __ ___ __ R /o : _ _ _ _ __ _ _ _ _ __ _ _ _ __ _ _ _ _ __ _ _ _ N o t if ie d Em a il ID : _ __ _ __ __ __ __ _ __ M o b i le N o . _ __ __ __ _ __ __ __ __ __ _ __ Na me & A dd r ess of P ro m o t er M/S S H R EEJ I RE AL T Y thr o ug h it‟ s pa rt ner M R. A NJ A N HA S M U K HB HA I B HAL O D IYA, R /o- Pl ot No . 44 , Ka rm yo gi Na g a r, Nea r Go v in d N a ga r, N o t if ie d Em a il ID : sh re e jig ro up 99@ g m a il. co m It s ha l l be t he d ut y of t h e All ott ee / P ur c ha s er/ s a n d t he Pr om oter t o in f orm ea c h o th e r o f a n y c ha n ge i n a d dre ss su bse q ue nt t o th e e xe c uti o n of t hi s Ag re e me nt i n t he a bo ve a dd res s by R egi ster ed P os t fa i li ng wh ic h a ll c om mu n ica ti on s a nd l e tte rs p os ted a t the a b o ve a d dre ss s ha l l be deeme d to ha ve be e n re ce i ve d b y t he P rom ote r or t he A ll o t tee / Pur c ha ser/ s , a s t he ca se m a y be . 30. J O I NT AL L OTT E E / P U R C HAS E R/S T ha t i n ca se t he re a re J o i nt A ll otte e/P ur c ha s er/ s a l l co mm u ni c a tio n s sha ll be se nt by t he Pro mot e r t o t he Al lot tee/P ur c ha s er/ s w h os e na me a ppea rs fi rs t a nd a t the a dd re s s g i ve n b y hi m/ her wh i ch s ha l l f or a ll int en ts and p u rp ose s to co n sid er as p rop erl y se rv ed on a ll t he All ottee /s/ Pu r ch a se r/s . i t i s cl e a rl y un der s ta nd a nd s o a gree d by a nd betwee n t he Pa rti e s h e re t o tha t a ll t he pr o vi si o ns co nta i ned her e in a nd the obl iga tio n s a r isi n g h e re un de r in res pe ct o f t he sa i d pr o je c t sha ll equa ll y be a p pl ica bl e to and e n fo rce a bl e a ga i n st any s u bs equ en t All ottee s/P u rc ha se r /s of t he fla t/ Apa rtme nt , in ca se o f a tra n s fer , a s the sa id ob liga ti on s g o a l on g w it h t he Fla t/ A pa rtm en t f or a ll i nte n ts a n d pu rp ose . Th a t t he a ll otte e /P ur c ha se r/ s a gr ee tha t th ey s ha ll n ot ob je ct to a n y ea se me nt ri g h ts t ha t ne ed t o be g ive n to a n y per so n i n a nd a ro u nd t he sa id pr o je c t a nd s ha ll n eit he r ob j ect t o a n y s u c h pr oc e edi ng s of la n d a cq ui sit io n u nde rta ke n b y a g ov er nme n t a ge nc y i n cl u di ng a n y co mpe n sa ti o n/ be ne fi t giv e n t o t he Pr om oter i n t ur n f or w hi c h n o 57 co n ve ya n ce ha s o c c ur red t o t he u lti ma te b od y e xp res sl y sta te d in th is a gre e me nt a n d f or w h ic h no co n sid era t io n i s spe c ia ll y d is pe nse d by t he All otte e / P ur c ha se r/ s to t h e Pr omo ter fo r th e sa me ; sa ve a nd ex c ept h is rig ht to e n jo y a nd u s e the f la t/a pa rt me nt pu rc ha sed b y h im a ny othe r rig ht s g i ve n b y th e dev el ope r t o t he All o ttee/ Pu r cha ser /s f or wh ic h co n sid e ra t io n ha s be e n dis pe ns ed . 31. G OV E RN I NG L A W T ha t t he ri gh ts a nd o b liga t io n s o f th e pa rt ies un der o r a ri si ng o ut o f th is Agre e me nt s ha ll b e c o ns tr ued a nd en f or ce d in a c co rda n ce wi th th e la ws of I nd ia f or t he t ime b ein g in fo rc e. S C H ED UL E - I - De s c ript io n o f th e Sa i d La n d All th o se pie ce s a nd pa r ce ls o f la nd or g ro u nd bea r i ng S ur ve y N o. 7 6 9/ 2, be a ri ng P l ot N o. 3 + 4/ B a s per the s u bdi vi si o n a dme a su ri ng 2 40 9 . 4 4 S qu a re Me te r s si tua te a t vi lla ge Na sh i k, Ta lu ka Na s hi k, Di str i ct Na sh i k a n d w it hi n t he limit s o f Na s hi k Mu n i ci pa l C orp ora ti on a nd wit hi n the j u ris di ct io n o f t he S u b R egi str a r Na s hi k a nd b ou n ded a s u n der : - On or t ow a r ds t he E a s t : P lo t N o . 2 On or t ow a r ds t he We st : P r o p e rt y o f Ad j. S . N o . 10 28 On or t ow a r ds t he N or th : 3 0 M t r. w i d e D . P . Ro a d On or t ow a r ds t he So u th : Sub D i vi si o n P lo t N o . 3 +4 / A & 9 m t r s. vid e r o ad S C H ED UL E - I I - D es cr ipt io n o f t he sa id F la t/Apa rtme nt Ca rpe t Are a of Fl a t N o. ___ __ ___ _ , a b o ut ___ _ s q. m tr s., p l us ba l co n y/ s _ _ __ _ s q u a re mete rs , terra ce a dm. _ _ _ _ __ _ s q. mtr s ., a nd pa s sa ge _ _ _ _ _ __ s q. m trs . 1. Fla t /A pa r t me n t. _ __ (A S PE R BOO KI N G PL AN ) 2. Fl oo r : _ ___ _ 3. Bu ild i ng Na me / No : S H R EEJ I S KY G R E EN S 4. Wi ng : “ A” Wi ng 5. in t he pr oj ec t t o b e k n ow n a s “S H R EEJ I S K Y G R EE NS ” . Sa i d fla t b o u nde d a s : - E a st : We st : N ort h : So ut h : S C H ED UL E - I II Spe c if i ca ti o ns o f th e s a id Fla t / Apa rtm en t L iv in g & di ni n g  Ma i n do or w it h la m in a te o n b ot h s ide s .   Sta i n le s s ste e l fi tti ng s a n d hi ng es o n th e ma in d oor .    V itri f ie d f lo or i ng i n l i vi ng & di ni n g r o om.  58  E mu ls io n pa i nt i n Li vi n g a nd D in i ng ro om .   Mo du la r e le ct ri ca l fitt i ng a n d c on cea led wi ri ng .   Ni g ht la t ch t o ma i n d o or .   One TV & on e te le p h o ne po i nt in li v in g ro om .  Ki tc h en  V itri f ie d f lo or i ng i n kit c he n.   Gra n ite to p K it ch e n p l a tf orm i n th e kit c he n wit h no s he lv es be low .   Qua rtz / S S kit c he n si n k.   Swi tc h f or w a te r pu ri fi e r a nd ex ha u st fa n .   Gla ze d da do til e s u p to 3 ( th ree) feet h ei ght i n ki tc he n a b ov e kit c he n pla t f or m  Ba th r oo m & To il e t  Co n ce a le d CP fi tti ng s i n a ll to ilet s   Fl oo r / Wa ll mo u nt W/ C Sa n ita r y wa re a s re q ui red i n a ll toi let s   Gla ze d ti le s da do u p t o 7 ( se ve n) f eet he ig h t.   Co n ce a le d P l umb i ng .  Be d ro o ms  V itri f ie d f lo or i ng i n a l l bed r oo ms .   All do or s w it h la mi na t e pa sted o n b ot h Sid e wit h S. S . hi ng es .   Mor ti se lo c k t o a ll be d ro oms .   Mo du la r e le ct ri ca l fitt i ng s swit c he s a nd co n c ea led wi ri ng .   E mu ls io n pa i nt s i n e ve ry be dr oom .   One TV & te le p h o ne p oi nt s i n ma s ter be d r o om o nl y.   3 (t h re e ) T r a c k Al u min um S lid i ng W ind o w s w i t h mo sq u it o N e t a nd no sa fe t y g ril l s.  S C H ED UL E - I V De sc ri pti on o f C omm o n A me nit ie s fo r t he sa i d pro je ct /p ha s e S ec ur i ty Fe a tu r es: -  Ave ra ge 6 ( si x) fe e t h ig h c om po u nd wa l l a l l a ro u nd t he sa i d “Pr op e rt y ”.   E ntr a n ce & e x it ga te c omp lete wit h o ne S ec u rit y Ca bi n .   One CC TV ca m e ra a t e nt ra n ce ga te a n d on e a t ea c h e ntra n ce lob b y fo r s ur ve i lla n ce .   Fi re fig ht i ng sy ste m a s pe r t he no rms la id dow n by N a s hi k Mu n ic ipa l C or po ra ti o n.  R ecr ea t i on al A m e ni t ie s: -  One o pe n a ir G ym na si um w it h f ew E qu ipm e n t.   Ch ild re n‟ s pla y a re a o n t op te rra ce wit h fe w pla yi n g e qu ip me nt.   One e le va to r i n e a ch b ui ldi n g wi t h ba tter y ba c k u p.   In di vi du a l Ma i l b o x fo r e a c h f la t/a pa rt me nt a t pa r k in g le vel .   Pa ve d i nt e r na l ro a ds i n C e me nt i nter lo c ki n g Bl oc k s / Cem en t ti le s / R CC tr imi x .  S C H ED UL E - V De sc ri pti on o f c om mo n a rea s a nd fa c ili tie s/l imite d c omm o n a rea s a nd fa c il itie s (A) CO M M ON FA C IL T IES :- 1. R CC Fra me w or k st r uc t ure o f t he bu il di ng s. 2. Dra in a ge a n d w a te r li n e w o r k. 3. E lec tri c me t e r a n d w a t e r m eter co n ne cte d t o c omm o n lig ht s , wa t er co n ne ct io ns , p ump se t e t c. 59 4. Li gh t po in ts o ut si de t he b ui ldi n g a n d the s ta ir ca s e/s a s well a s th ose i n t he co mmo n pa r ki ng s pa c e. 5. One o ve rh e a d w a ter t a n k fo r ea c h bu il di ng/ win g w it h wa t er pu mp co n ne cte d t o wa ter re ser v oir . 6. Li ft/ E le va t or , li ft well a nd ele va to r e qu ipm en t. (B) R ES T R I CT ED A R EAS A ND FA C IL I TI E S : - 1. T he pa r ki ng spa ce s a t gro u nd f lo or , me c ha ni ca l pa r k i n g s ha l l be re st ri cte d a nd th e Pr omo ter he rei n s ha l l h a ve ex cl u si ve rig ht to a llo t t he sa me t o t h e All ottee /P ur c ha s er/ s i n th e b u ild i ng. 2. T op te rra ce o f t he b ui ldi ng /s s ha ll be r est ri c ted a n d t he Pr om oter he r e i n sh a ll h a v e e x cl us i ve r ig ht o f a ll otm en t o f th e sa me . 3. All a re a s e t c. w hi c h a re n ot c ov ere d u nde r a fo resa id hea d Com mo n Ar e a a n d F a ci lit ies a r e re stri ct e d a rea s a nd fa ci lit ie s w hi c h i nc l ude , t he ma r gi na l op e n s pa ces , sp a ce s a d j oi ni n g fla ts o n pod i um, t e rra ce s, ca r -pa r k in g‟ s w it hi n th e sa id l a n d a n d i n the bu ild i ng/ s w h ic h i s/a r e un der co n str u cti o n on th e sa i d la n d is re se r ve d a n d Pr om ote r s ha l l ha ve e x cl us iv e rig ht s t o a l lo t se ll or tra n s fe r , co n ve y th e sa me i n pa rt o r i n f ul l to a n y b uy er o f fla t/a pa rtme nt , ter ra c e/s, p a r ki ng s pa ce et c. O r to C on ve r t t he R e str i cte d Ar e a i nt o C omm o n A rea or vis e - v ersa . IN W ITN ES S W H ER EO F t he pa rt ies her eto ha ve h ere u nt o s et a nd su bs cr ibe d t he i r r e s pe cti ve ha nd s a nd sea l s on th e da y, mo nt h a nd t he ye a r fir st h e re in a b o ve wri tte n. S IG NE D S E AL E D AN D DEL IV E R ED by t he w it hi n na me d P rom ote r M/S S H R EEJ I RE AL T Y thr o ug h it‟ s pa rt ne r M R. A NJ A N H AS M UK H B HA I B HAL OD IYA __ _ _ __ _ _ __ _ _ __ _ S IG NE D S E AL E D AN D DEL IV E R ED by t he w it hi n na me d A llo ttee P ur c ha se r/s . M R. _ ___ __ ___ __ __ _ __ _ _ __ _ _ __ _ _ _ WI TN E S S 1. 2. L IS T O F A NN EX U R ES S r. N o. An n ex ur e Des cr i pt i on Cop y o f th e cer ti fi ca te o f t he ti tle is s ued b y the 1 An ne x ure I Ad vo ca te Cop y o f Pr ope rt y C a rd 7/ 1 2 E xt ra ct o f t he sa id 2 An ne x ure II -A la n d 3 An ne x ure II I Cop y o f B uil di ng pe rmi ssi o n / Co mme n cem en t 60 ce r ti fi ca te 4 An ne x ure IV Cop y o f La y o ut P la n of th e s a id la nd Cop y o f th e p la ns a pp r ov ed b y t he c o n cer ne d lo ca l/ pla n ni ng a ut ho rit y. (A 2 si ze pr in t w hi c h is 5 An ne x ure V re a da ble ha s bee n gi v en to t he a ll ottee /pu r cha se r w hi c h is u n der st oo d b y t he m) . 6 An ne x ure V I Cop y o f f lo or pla n o f t he sa i d a pa rt me nt. 7 An ne x ure V II Cop y o f Pa r ki n g p la n o f t he sa id f la t/ a pa rtm ent 8 An ne x ure V II I Cop y o f th e NA Or der Cop y o f th e P A N Ca rd of M /s S hr ee ji R ea lt y 9 An ne x ure I X ANN EX U R E I TITL E REP O RT I ha v e veri f ie d t he ti tl e o f t he pr ope rt y me n tio ne d i n t he S c hed u le I a nd II a nd ha ve i ss ue d a title se a r c h r ep ort d a t ed 1 5 / 1 2/ 2 0 1 7. T he t i tle o f the sa id pr ope rt y i s go od , cle a r a nd ma rk eta ble . Ad vo ca te