Ñããè 1 Z one Number : G over nment V a lua t ion : /- C on s id e r a t io n : /- Sta mp Va lue : /- Reg is t r a t ion F ees : /- AGREEMENT F OR SALE A G RE E M E N T F O R SA L E m a d e & ex e c u t ed a t Ig a t p u r i o n t h i s ____th day of _________ in t he Ch ristian Year 20 18. B ET W EE N Mr . Nit in Da ya la l Koth a r i Ag e:5 7 yrs. , O cc. Ag ricultur al & B usines s, PAN AACPK 6288 N , R/o. T a p owa n, Pa nc h a va t i, Nashik-422003. H er ei na f t e r c a ll ed a s t h e V E ND O R /S EL L ER /D EV EL O PE R/ P RO - MO T ER ( Wh ic h ex pr es s ion s h a ll, unless r ep ug na nt t o t h e c ont ext or mea ning t h er eof , mea n a nd inc lude t h eir r es p ec t ive p a r t ner s , h eir s , successors, sur vivors, executors, administr ators and assigns, etc.) …PARTY OF THE FIRST PART. AND 1) Mr s . ------- -------- ---, Ag e: ----- Yea rs, O cc : Housewif e, PAN NO . - ----------------, 2) Mr . -- -- -- -- -- -- -- -- -- -- -- -, Ag e: ----- Years , O cc: Ser vic e, PAN NO. - ------------, B oth R/ a t : -----------------, - - - - - - - - - - -- - - - - - - - - - - , - - - - -- - - - - - - - - -- - - - - . He r ei na f t er c a lle d a s t h e "PU RC HAS ER' S, PUR C HA SER S/A L L O T - TEE", (Which expression shall, unless repugnant to the context or mean- ing th er eof , mea n a nd inc lude h is /h er/t heir res pec tive heirs , s uc c es - sors , survivors, executors, administ rators and assigns, etc .) …PART Y OF T HE SEC OND PART . 2 WHEREAS the vendor/promoter possessed and an otherwise well and sufficiently entitled to the Non Agricultural piece of land bearing Plot No.01, area adm. 8866.60 Sq.Mtrs - Rounding area of Road 23.00 Sq.Mtrs = Remaining Area 8843.60 Sq.Mtrs, out of Block/Gat No.279/ 1/2/30 /3 5/C-pa rt s it ua ted a t Revenue Villag e Par devi, Ta l. - Ig at puri , Dist . Na sh ik more pa rt ic ular ly desc ribed in s ch edule-A writt en h er e- under and h ereina fter referred to as t he said property. AND WHEREAS , by Sale Deed da ted 1 2/02 /2 01 5, t he p revious owner of the property bearing Gat No.279/1/2, area adm. 00 H.22.80 R , s it ua t ed a t Revenue V illa g e Pa r devi, T a l. - Ig a t p ur i , Dis t . Na s h ik , Ka ranjit Sing h Saran a bsolutely c onveyed abovesaid pr oper ty to a nd in fa vour of Vendor. The said Sale Deed is registered in the office of Su b- Re g i s t r a r Ig a t p u r t i a t Sr . No . 4 4 8 a nd a c c or di ng ly t h e n a m e of Vendor has been mut ed on record of rights of abovesaid pr operty. AND WHEREAS , by Sale Deed da ted 1 2/02 /2 01 5, t he p revious owner of the property bearing Gat No.30, area adm. 2 H.39.9 R + P.K. 0 0 H. 0 7 R , sit ua t ed a t Revenue V illa g e Pa r devi, T a l. - Ig a tp ur i , Dis t . Nas h ik , Promit Sing h C h awla abs olutely c onveyed aboves aid p r op - ert y to a nd in fa vour of V endor. T he s aid Sa le Deed is regist er ed in the office of Sub-Registrar Igatpurti at Sr.No.449 and accordingly the na me of V en dor h a s been mut ed o n r ec or d of r i g h t s o f a bove s a id p r op e r t y. AND WHEREAS , by Sale Deed da ted 1 2/02 /2 01 5, t he p revious owner of t he p r op er t y bear ing Ga t No. 35 /C , a rea a dm. 2 H. 1 4 R + P. K. 0 0 H . 3 0 R , s it u a t ed a t Rev enue V i lla g e P a r de vi, T a l . - I g a t p ur i , Dist. Nashik , Promit Singh Chawla & Karanjit Singh Saran absolutely c onveyed a b oves a id p r op er t y t o a nd in f a vour of V endo r . T h e s a id S a l e D e ed is r e g is t e r ed in t h e o f f i c e o f S ub - Re g is t r a r I g a t p u r t i a t Sr. No. 45 0 a nd a cc ording ly th e name of V endor ha s been muted on record of righ ts of a bovesaid propert y. AND WHEREAS , vendor/p romoter prepar ed a joint lay out of G.No. 279/1/2/30/35/C-part , total area adm.49970.00 sq.mtrs. along with permission for part construction on Plot No.1 out of said lay out and said lay out is sanctioned & permission for construction has been given by Assist ant Direct or of T own Planning Nashik vide let ter no.Antim Abh inyas/Mou.Par devi T a.Igatpur i/G .No.279/1/ 2 , 30 , 3 5( C ) (Pa i) /Sa . Sa n. Na. Ra .Na . /2 8 0 7 ,dt d.1 7 /1 1/2 0 18 , T h e sa id la y 3 out h as been also sanct ioned by T ah asildar Nash ik vide lett er no.J a maba ndi/NASR/1 1/2 0 1 7, dt d. 1 8 /12 /2 01 8 a nd f ur t h er p ermis sion f or c onst ruct ion h as been gr anted by Sub Divisional Of ficer Ig at puri- Tr amba kesh wa r vide order no. Ja mabandi/B an.Pa. S. R. /2 1/20 18 ,dtd.1 8/ 12/2018. AND WHEREAS , vendor /promoter prepa red a said building p lan on area of adm._______ sq.mtrs out of total area adm._________sq.mtrs of Plot No.1, G. No.G. No. 27 9/1/2 /30 /35 /C -pa rt , s it uat ed at Revenue Villag e Pa rdevi, Tal.- Igatp uri , Dist . Na shik and right s to constr uction on remaining pa rt has been r eta ined by vendor/p romoter. AND WHEREAS t h e Pr omoter is ent it led a nd enjoined up on t o construct buildings on the project land in accordance with the recitals h e r e in a b ov e. A N D W H E R E A S t h e V e n do r / P r o mo t e r i s i n p o s s es s i o n o f t h e p r ojec t la nd. AND WHEREAS AND WHEREAS t h e Pr omot er h as p r op os ed t o cons tr uc t 0 1 Building on th e ar ea a dm._______ Sq. mt rs out of tota l a r e a a d m . _ __ _ Sq . mt r s . o f Pl ot N o . 1 , G . N o . G . N o. 2 7 9 / 1 / 2 / 3 0 / 3 5 /C - part , situated at Revenue Villag e Pardevi, Tal. - Igatp uri , Dist. Nas hik, consisting G round and 04 floors consisting of the Residential F la ts ( Ser vic e Ap a r tment s ) . T h e building s h a ll be k nown a s "Ma ns oon Mist" AND WHEREAS the Allottee is offered an Apartment bearing Flat No.______ on t h e _____ f loor , ( h ereina ft er ref er red t o a s t h e sa id "Apartment") in the Building "Mansoon Mist" ,(hereinafter referred to a s th e s aid "B uilding ") . AND WHEREAS the Promoter has entered into a standard Agree- ment wit h a n Arch it ect regis ter ed wit h t he Council of Arc hit ect s a nd such Agreement is as per the Agreement prescribed by the Council of Ar c h it ec t s . AND WHEREAS t h e Pr omot er h a s a p p oint ed a s t r uc t ur a l Eng i- neer for the prepa ration of the structural design and drawings of the bu ild ing s a nd t h e P r om ot e r a c c ep t s t h e p r of e s s i ona l s up e r v is i on of t h e Ar c h it e c t a nd t h e s t r uc t ur a l Eng i neer t i ll t h e c omp le t ion of t h e b ui l d in g . 4 AND WHEREAS on demand from the allottee , the Promoter has given ins pect ion t o the Allott ee of a ll t he documents of t it le rela ting to the land and the plans, designs and specifications prepared by the Promoter's Architects Mr.Manish Jadhav as project Architects and ______________ as Structural Consultant and of such other documents as a re s pec if ied under t he Real Es ta te ( Reg ulat ion a nd Development) Act 2016 (hereinafter referred to as "the said Act") and the Rules and Reg ulat ions ma de t her eunder , AND WHEREAS t h e a ut h ent ica t ed c op ies of C er t if ic a t e of T it le issued by the advocate of the Promoter, authenticated copies of Prop- er ty c ar d or 7/12 ex tr ac t of Village F or ms or a ny ot her relevant rev- enue r ecor d sh owing t h e na t ur e of t h e t it le of th e Promot er t o t h e project land on which the Flats/Ap artments are constructed or are to be c ons t ruc ted h a ve been a nnex ed her et o and ma rk ed a s Annex ur e ' A' and ' B' , r esp ect ively. AND WHEREAS the authenticated copies of the plans of the Lay- out as approved by the concerned Local Authority have been annexed heret o a nd mar ked as Annex ure C-1. AND WHEREAS the authenticated copies of the plans of the Lay- out a s p r opos ed by t h e Pr omot er a nd a c c or ding t o wh ic h t h e c on- struction of the buildings and open /common spaces are proposed to be pr ovided f or on t h e s a id pr ojec t h a ve been a nnex ed h er et o a nd mar ked a s Annex ur e C -2 . AND WHEREAS the authenticated copies of the plans and speci- fications of the Apartment agreed to be purchased by the Allottee, as s a nc t ioned a nd a p p roved by th e loc a l a uth or ity h ave been a nnex ed and ma rked as Annex ure D. AND WHEREAS the vendor ha s conver ted the use of said land/ property int o Non Agricultural pur pose and got Non Agric ultural per- mis sion f r om C ollec t or Nas h ik vide or der No. Ja ma ba ndi/NASR/1 2 0 / 2014,dtd.22/10/2014. AND WHEREAS the vendor has got approved building plan from the concern local authority the plans, elevations , sanction and details of the said scheme under Building Permit and Commencement Certifi- cate No. Antim Abh inyas/Mou.Par devi T a. Igat pur i/G . No. 2 7 9/1 / 2 , 30 , 3 5( C ) (Pa i)/Sa .Sa n.Na . Ra . Na. /2 8 07 , dtd. 1 7/1 1 /2 0 1 8 f r om Ass is ta nt 5 D ir ec t or o f T ow n P la nn i ng N a s h ik . T h e s a i d l a y ou t h a s b ee n a ls o s a nc t ioned by T a h a s ilda r Na s h ik vide let t er no. J a ma ba ndi/NASR/1 1 / 2017,dtd.18/12/2018 and further permission for construction has been g ra nted by Sub Divis ional Of fic er Ig a tp ur i-T r ambak es h wa r vide or der n o. J a ma ba nd i/ B a n. Pa . S . R . / 2 1 /2 0 1 8 , dt d. 1 8 /1 2 / 2 0 1 8 . AND WHEREAS the Promoter has got some of the approvals from t h e c on c er ned loc a l a ut h or it y( s ) t o t h e p la ns , t h e s p ec if ic a t io ns , el- evations, sect ions and of the s aid building/s and shall obtain the bal- a nc e a p p r ova ls f r om va r ious a ut h or it ies f r om t ime t o t im e, s o a s t o obtain Building Completion Certificate or Occupancy Certificate of the s a id B uilding . AND WHEREAS while sa nct ioning th e s aid p la ns concerned lo- ca l author ity and/or G over nment ha s laid down cer tain ter ms, condi- tions, stipula tions and r estr ictions whic h ar e t o be obs erved and per- f or med by t h e Pr omot er wh ile dev elop ing t h e p r ojec t la nd a nd t h e s a id b uilding a n d up on due obs er va nc e a nd p er f or ma nc e of wh ic h only t h e c omp let i on or o c c up a n c y c er t if ic a t e in r e s p ec t o f t h e s a id building/s s hall be g ranted by the concerned loca l aut hority. AND WHEREAS t he Pr omoter h as acc or dingly c ommenc ed con- s t ruc t ion of t h e s a id building in a cc or danc e wit h t h e sa id p r op os ed plans. AND WHEREAS the Purchas ers/ Allottee has applied to the Pro- mot er f or a llot ment of a n Ap a r t ment /F la t No. ______ on t h e _____ floor, in the Building "Mans oon Mist". AND WHEREAS the carpet area of the said Apartment is ___________ s q uar e met er s a nd "c a r pet a r ea " mea ns t h e net usa ble floor ar ea of a n a par tment, exc luding th e ar ea covered by th e exter- nal wa lls, ar eas under s er vic es s ha f t s, ex c lus ive ba lcony a pp ur tenant t o t he s a id Ap ar t ment f or ex c lus ive us e of t h e Allott ee or vera nda h a rea and ex clus ive open terr ac e ar ea ap purt enant t o th e sa id Apa rt - ment for exclusive use of t he Allott ee, but inc ludes the ar ea cover ed by t he internal pa rtition walls of the apartment. AND WHEREAS, the Pa rties r elying on the confir mat ions, r epr e- sentat ions and as sur ances of ea ch other to faithfully abide by a ll t he terms, conditions and stipulations contained in this Agreement and all 6 app licable laws, are now willing to enter into t his Ag reement on the t er ms a nd c ondit ions a p pear ing h er eina ft er ; AND WHEREAS, th e Pr omoter ha s registered th e Project under t he p rovisions of t h e Rea l Es t a te (Reg ula t ion & Redevelopment) Act , 2016 with the Real Estate Regulatory Authority at___________ no . ___ ___ ____ ___ . , d t d. _ ___ ____ __ AND WHEREAS, under sect ion 13 of th e sa id Act t he Promoter is required to execute a written Agreement for Sale of said Apartment wit h t h e All ot t ee , bei ng in f a c t t h e s e p r es ent s a nd a ls o t o r eg is t er sa id Agr eement under the Regis tra tion Ac t, 190 8. In accordance with the terms and conditions set out in this Agree- ment a nd a s mutually ag reed upon by a nd between th e Pa rt ies, t he Pr o mot er h er eb y nei t h er a g r ees t o s ell a n d nor s old a ny s p a c e f or Pa r k i ng t o t h e Pur c h a s er s / Al lot t ee. T h e Pa r k i ng s p a c e will be p r o- v id ed in ma r g i na l S p a c e of t h e b ui l di n g , a s s h o wn in s a nc t io ne d buil ding p la n a nd a ll t h e mem ber s a l ong wi t h Pur c h a s er s / Allo t t ee will have the common right to use the said space for parking purpose only. N O W T HE R E F O R E , T HI S AG R E EM E N T W I T N E SS E T H A N D I T I S HE REB Y AG R EED B Y A ND B E T WE EN T HE P ART IES H ERE T O AS F O L - L O W S: - 1. T h e Pr omot er s h a ll c ons t r uc t t he s a id building /s c ons is t ing of gr ound and four upp er f loors on a rea a dm.____ s q.mtr s out of t ot al a r ea a dm. ______s q . mt rs of p lot no. 1 , ( pa r t ic ula rly ment ioned in F ir s t Sc hedule) in a cc or da nc e wit h t h e p la ns , des ig ns a nd s pec if ic a t ions as approved by the concerned local authority from time to time. The Promoter has right to make or prepare the separate build- ing plan of one or more building on said remaining area of plot no.1 , i n it s s o le d is c r et io n , wi t h ou t a n y wr it t e n o r or a l c on s e nt o f t h e Allott ee. The promoter has the rig ht t o get sa nctioned suc h building plan or plans from concern authority and to construct the building or buildings and to sell the units in the open market. T h e Pr omot er h a s ma de t h e p ur c ha s er s a war e a nd t h e p ur - chas er her eby gives ex plicit no objection and irrevocable and uncon- ditional cons ent t o t he Promot er to p repar e th e new/ r evis ed la yout 7 and building p la ns , open spa ce, int er nal r oads, p osition of dust bins, transformer plinths, pumping stations etc. of the said land and to sub- mit t h e s a me t o t h e r eq uis it e a ut h or it ies a nd obt a in t h e ir s a nc t ions and als o further revise or amend the said revised plans as a nd when t houg ht necess a ry by t he Promot er or a s and when r eq uired by th e Pr omoter , a nd for the sa id pur pos es to sig n a ll plans, wit hout in a ny manner mak ing th e Pur ch a ser lia ble f or a ny c os t s a nd a ff ect ing h is / h er int er est . 2. The Allottee hereby agrees to purchase from the Promoter and the Promoter hereby agrees to sell to the Allottee Apartment/Flat No. _______ ____ of t h e c a r p et a r ea a dmea s ur ing _ ________ s q . met r es on __ ____ f loor in t h e t h e B uildi ng "Ma ns o on Mis t "( h er eina f t e r r e- ferred to as "the Apartment") as shown in the Floor plan thereof hereto annex ed f or t h e consider at ion of Rs. ________/-( Rupees : - ___________________ only) inc luding t he pr op ort ionat e p ric e of th e common ar eas and fac ilities ap purt enant t o th e p remises , th e natur e, ext ent and des cr ipt ion of th e common ar ea s a nd f ac ilities wh ic h ar e mo r e p a r t i c u la r ly d es c r ib ed in t h e S ec o nd S c h ed ul e a nn ex ed h er e- wi t h . 3. Th e tota l a gg rega te cons ider ation a mount f or t he ap ar tment is thus Rs. _______________/-( Rupees :- ___________________ only). The Allot tee ha s paid on or before execution of t his ag reement a s um of Rs. __________/- (Rupees ______________ only) ( not ex ceeding 10 % of t he total c ons idera tion) a s a dvance pa yment or a pplic ation fee by wa y of C h eq u e be a r i ng C h eq ue No . __ __ ___ __ _, dt d. ___ __ ___ __ __ dr awn on _________________ (th e p ayment a nd r eceipt whereof t he Pr o mot e r bot h h e r eby a dmi t a n d a c k nowl edg e) a nd All ot t ee / P r o- mot er hereby agr ees to pa y to the Promoter the balance amount of Rs ._________/-( Rup ees . ______ ____ ___ _________ only) in th e fol- lowing manner : - a. Amo unt of Rs . _ ______ ____/ -( Rup e es -__ ______ _____ ______ ___ only) (not exceeding 30% of the total consideration) to be paid to the Promoter within 15 days after t he execution of this Agr eement b. Amo unt of Rs . _ ______ ____/ -( Rup e es -__ ______ _____ ______ ___ ( no t ex c eed ing 4 5 % of t h e t ot a l c o ns id er a t ion) t o be p a id t o t h e Promoter within 15 days from the completion of the Plinth of the build- i ng . 8 c. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ to be paid to the Promoter within 15 days from the completion of the fir st s labs of t he building. d. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ to be paid to the Promoter within 15 days from the completion of the second slabs of the building e. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ to be paid to the Promoter within 15 days from the completion of the third sla bs of the building. f. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ to be paid to the Promoter within 15 days from the completion of the Fourth slabs of the building. g. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ (not exc eeding 70% of the total cons iderat ion)to be p aid to the Pro- mot er wit h in 1 5 da ys f r om t h e c omp let ion of t h e f if t h s la bs of t h e b ui l d in g h. Amount of Rs . ___________/-(Rup ees -______________________ (not exceeding 75% of the total consideration) to be paid to the Pro- moter within 15 days from the completion of the internal plaster of the b ui l d in g . i. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ ( not exc eeding 80 % o f t h e t ot a l c on s id er a t i on) t o be p a i d t o t h e Promoter within 15 da ys from the completion of t he Sanitary fittings, sta ircas es, liftwel, lobbies up to th e floor level of th e said Ap artment. j. Am oun t of Rs . ___ __ ___ ___ /-( Ru p ee s -_ ___ __ ___ ___ ___ __ ___ __ ( not exceeding 85% of the total consideration) to be paid to the Pro- mot er wit h in 1 5 da ys f r om t he c omp let ion of t h e ex t er na l p lumbing and external plaster , of th e building or wing in which the said Ap art- ment is loc ated. k. Amount of Rs . ___________/-(Rup ees -______________________ (not exceeding 95% of the total consideration) to be p aid to the Pro- moter within in 15 days from the completion of the lifts, water pumps, elect rica l fitt ings , ent ra nc e lobby/s, p aving of ar ea s ap pert ain and all oth er r equir ements a s may be presc ribed in the Agreement of sale of the building or wing in which the said Apartment is located. 9 l. B a la nc e Am oun t of R s . ___ __ __ __ __ /-( Ru p e es -_ ___ __ __ __ __ __ ________ a ga inst a nd at t he t ime of h anding over of th e poss es sion of the Apartment to the Allottee on or after receipt of oc c up a n c y cert if ic at e or c omplet ion cert if ic at e. 4. 1 ( d ) The above purchase price / consideration does not include t he following c ha rg es: - a) Stamp Duty, Registration and other charges payable to the c oncer ned aut h or ities . b) Lega l c har ges f or documentat ion. c) T r a ns f er f ees . d) Wat er Res ourc es Develop ment c h ar g es . e) Any other taxes, cesses that shall be levied or become levi- able by a ny Government auth orities and also s uch ot her charges , escalations imposed by any Government Authori- t ie s . f) Pr op or tionat e sh ar e of Propert y ta xes. g) Share money; entrance Fee of the Society or limited Com- pany. h) Taxes (consisting of t ax paid or p ayable by th e Promoter by way of G.S.T. and Cess or any other similar taxes which may be levied, in connection with the construction of and carrying out the Project payable by the Promoter) up to the date of handing over the possession of the Flat/Apart me nt . i) The amount of single phase MSEDCL meter deposit & wa- ter connection charges, Building maintenance deposit, Pro portiona te amount for f ormation a nd reg ist rat ion of As so cia tion of Ap artment owners and Other expenses men tioned in the agreement. 5. T h e T ot a l Pr ic e is esc a la tion-f ree, s ave a nd ex c ep t es ca la t ions / inc rea s es , due t o inc r ea se on a cc ount of develop ment ch a r g es p a y- able to the competent authority and/or any other increase in charges wh i c h m a y be lev ied or im p os e d by t h e c omp e t ent a ut h or it y L o c a l Bodies /G over nment fr om t ime to t ime. T he Promoter undert ak es a nd a g r ees t h a t wh ile r a is ing a d ema n d on t h e Al lot t ee f or i nc r e a s e in develop ment c h a r g es , c os t , or levies imp os ed by t h e c omp et ent a u- t hor ities et c. , th e Pr omot er s h all enc los e t h e s a id not if ic a tion/or der / r ul e/r e g ula t ion p ubli s h ed /is s u ed i n t h a t be h a lf t o t h a t ef f ec t a l ong 10 with the demand letter being issued to the Allot tee, wh ich sh all only be ap p lica ble on s ubs eq uent p ayments . 6. The Flat Purchaser/s shall make all the payments to the Promoter by Demand Draft or by local cheques drawn in the name of 'Mr.Nitin Dayalal Kothar i', If th e Flat Purc haser /s mak es pa yment by outstat ion cheques then the date of payment shall be the one when the same is c redited to th e ac c ount of th e Pr omot er a nd t o t he ext ent t he s uc h a mount is c redited a f t er deduct ing th e commis s ion of th e B a nk . Th e payment of the last installment shall be made by D.D or by local cheques & th e poss es sion of th e sa id f la t sh all only be ha nded over af ter th e amount is realized a nd credited by th e dra wee ba nk. It is ma de c lea r a nd a g r eed by a nd bet ween t h e p a r t ies her eto t hat t he promoter shall not be bound to follow, chronological order of a ny of th e s ta ges of t he a bove sa id st a ges/ins ta llment s and tha t the Promoter s hall be at complete libert y to choos e the chronol- ogy of the respective stages of the construction. The Purchaser agrees that the Promoter may merge or consolidate two or more installments in their discretion by simultaneous ly executing the contemplat ed work in the said installment. The consideration of the said flat is also arrived on t h e a s s u r a n c e o f t h e Pur c h a s er t o a b ide by t h e a b ove p a yme nt s c h e dule o nly a nd it wil l not be a lt e r ed by t h e Pu r c h a s er . T h e Pur - chaser shall liable & bound to pay all the amount of installments within 15 da ys fr om the da te of receipt of th e dema nd Letter of inst allment by t h e Pr omot e r . T h e Pur c h a s er s h a l l ma k e a ll t h e p a yment s t o t h e Promoter by Demand Draft only or by local cheques . If the Purchaser mak es t he pa yment by outs ta t ion ch eq ues t hen t he dat e of pa yment sh all be tr ea ted a s a nd when t he sa me is c redited t o t he a ccount of the Promoter and to the extent the said amount is credited by deduct- ing t he commission of the Ba nk. Pa yment of any inst allments if ma de in a dvance s ha ll be adjus ted to t he ins ta llments a s ment ioned herein a bo ve . N o r e b a t e /i n t e r e s t s h a l l b e p a i d by t h e Pr om o t e r f or s uc h a dva nce pa yment s made by th e Pur ch a ser or Housing F ina nce C om- p a ni es /B a n k s , e t c . 7. T he Promoter s ha ll c onfir m th e fina l c ar pet ar ea th at h as been a llot ted to t he Allot tee af ter th e c onst ruct ion of t he B uilding is c om- p lete and t he oc c up anc y c er tif ic at e is g ra nted by t he comp etent au- thority, by furnishing details of the changes, if any, in the carpet area, subject to a variation cap of three percent. The total price payable for t h e c ar p et a r ea sh a ll be r eca lc ula t ed up on c onf ir ma t ion by t he Pr o- 11 moter. If there is any reduction in t he carp et area within th e defined li mit t h en Pr o mot e r s h a l l r ef u nd t h e ex c es s m one y p a id by All ot t ee with in forty-f ive days wit h a nnual int erest at t he ra te sp ec ified in t he Rules , f r om t h e da t e wh en s uc h a n ex c es s a mount wa s p a id by t h e Allottee. If there is any increase in the carpet area allotted to Allottee, the Promoter shall demand additional amount from the Allottee as per the next milestone of the Payment Plan. 8. T h e Allo t t ee a ut h o r izes t h e Pr omot er t o a dju s t /a p p r op r ia t e a ll pa yments ma de by him/her under any h ead(s) of dues aga ins t lawf ul out st a nding, if any, in h is /h er na me a s t h e Pr omot er ma y in it s s ole discretion deem fit and the Allottee undertakes not to object/demand/ direct the Promoter to adjust his payments in any manner. 9. T h e Pr om ot er h e r e by a g r ee s t o ob s e r v e, p er f or m a n d c o mp ly with all the terms, conditions, stipulations and restrictions if any, which may have been imp osed by t he concer ned local auth ority at t he t ime of sa nc tioning t he s aid p la ns or th ereaf ter and s ha ll, bef or e ha nding over possession of the Apartment to the Allottee, obtain from the con- cer ned local a uthor ity occupancy and/or completion certificates in re- spect of the Apartment. 1 0 . T i me i s e s s en c e f o r t h e P r o mo t er a s wel l a s t h e Al lo t t e e. T h e Pr omoter sh all abide by t he time s chedule f or completing the pr oject a nd h a nding over t h e Ap a r t ment t o t h e Allot t ee a nd t h e c ommon areas to the a ssociation of the allottees after r eceiving the occupancy c er t if ic a te or th e c omp let ion c er t if ica t e or bot h, as t h e c as e may be. Sim ila r ly, t h e A llot t ee s h a ll ma k e t ime ly p a ymen t s of t h e ins t a llm ent and other dues payable by him/her and meeting the other obligations under t he Agr eement s ubjec t t o t he simulta neous completion of con- struction by the Promoter as provided in clause 3 herein above. ("Pay- ment Pla n") . 1 1 . T he Promoter hereby dec la res th at t he F loor Spa ce Index a va il- a ble as on dat e in r esp ec t of th e sa id building is __________ s quar e met er s only a n d Pr omot e r ma y p la n ned t o ut ilize F lo or Sp a c e Index availing of TDR or FSI a vailable on payment of p remiums or FSI a vail- able as incentive FSI by implementing various scheme as mentioned in t h e De velop ment C ont r ol Reg ula t ion or ba s ed on ex p ec t a t ion of in- creased FSI which may be available in future on modification to Devel- op ment Contr ol Regulations , which ar e ap plicable t o t he s aid Pr ojec t. Th e Promoter has disclosed t he Floor Sp ace Index of ______ as pr o- 12 p o s e d t o be u t il iz ed by h im on t h e l a n d und er t h e bu il din g a nd A ll ot t e e h a s a g r e ed t o p u r c h a s e t h e s a id A p a r t me nt b a s ed o n t h e p r op os e d c ons t r uc t io n a nd s a le of a p a r t ment s t o be c a r r ied out by the Promoter by utilizing the proposed FSI and on the understa nding that t he declared proposed FSI shall belong to Promoter only. 1 2 . If the Promoter fails to abide by the time sc hedule for c omplet- ing the project and handing over the [Apartment/Plot] to the Allottee, t he Pr omot er ag r ees t o pa y t o t he Allott ee, wh o does not int end t o withdraw from the project, interest @ 12% per annum or as specified in th e Rule, on all the a mounts paid by the Allottee, for every month of delay, t ill the h anding over of t he poss es sion. T he Allott ee ag rees to pay to th e Pr omot er, inter est @ 12% per annum or as s pecified in the Rule, on all the delayed payment which become due and payable by t h e Allot t ee t o t h e Pr omot er u nder t h e t er ms of t h is Ag r eement f r om t h e da t e t h e s a id a mo unt is p a ya ble by t h e a llo t t e e( s ) t o t h e Pr omo t e r . 1 3 . It is hereby agreed that the time for payment as specified above is the ESSENCE OF THIS AGREEMENT and on failure of the Purcha ser to pay the s ame on due dates, it s hall be deemed that th e Purchaser ha s c ommitt ed br ea ch of th is a greement and th e Promoter sh all be entitled to take such action as he is entitled to take in case of breach/ default of t his agr eement , including t erminat ion of this a greement. Without prejudice to the right of the Promoter to take action for breach arising out of delay in payment of the installments on the due da te, t he Purch aser sha ll be bound a nd liable t o pay interes t @ 1 2% p e r a nnum wi t h q ua r t e r ly r es t s on a ll a mo unt s w h ic h b ec om e d ue and pa yable by t he Purc has er t o t he Pr omot er till th e dat e of ac tual p a ymen t . Pr ovided t h a t t e nder of t h e p r inc ip a l a mount s a nd int er es t or tender of the interest and expenses on delay thereof shall not itself be c onsidered a s wa iver of t h e righ t of th e Promoter under t h is Agr ee- men t , no r s h a ll b e c on s t r ue d a s c ond ona t i on by Pr om ot er on s uc h dela y. Th e amount of interest sh all be calcula ted a ft er comp let ion of t h e s a id f la t a nd t h e Pur c h a s er h a s a g r eed t o p a y t h e s a me bef or e posses sion of th e s aid fla t. Without prejudice to the right of promoter to charge interest in terms of above, On t he Purc ha ser c ommitting def ault in pa yment on due da tes of a ny one ins ta llment due a nd p ayable under t his ag ree- ment ( inc luding his /h er p r op or t iona t e s h a r e of t a xes levied by c on- 13 cerned local authority and other outgoings) and/or on the Purchaser c o mm it t ing b r ea c h of a ny one o f t h e t e r ms a nd c o ndi t i ons h e r e in contained the Promoter, shall be entitled at their own option to termi- na te t his a greement. Provided always that the power of termination hereinbefore con- t ained s ha ll not be exerc ised by th e Promot er s, unles s and unt il th e Promot er s s ha ll ha ve given t o t he Purc h as er 15 da ys pr ior not ice in writing of their intention to terminate this agreement stating the spe- c i f ic br ea c h o r br ea c h es of t h e t er ms a nd c o ndit ions in r es p ec t of wh ic h it i s i nt en de d t o t e r m in a t e t h e a g r eem en t a n d def a u lt s h a ll h ave been made by t he Pur ch as er in r emedying s uc h br ea ch wit hin the time of maximum 15 days. Pr ov id ed f ur t h er t h a t u p o n t er mi na t i on o f t h i s a g r e em en t a s aforesaid, the Promoters shall simultaneously carry out the new book- ing of the said FLAT and refund the amount paid till that date by the Purchaser without interest and after deducting the ___% of the amount p aid, towa rds dama ges, c omp ens at ion , br ok era ge , if p a id a nd af ter deducting G .S.T. and / or any oth er amount due and payable by the Pu r c h a s er /s a nd / or p a id by t h e P r om ot er s i n r es p ec t of t h e s a id Premises only after selling/disposing of the said flat to any other per- son/s or p ar ty. However, t he ers twh ile Purc ha ser sh all not ha ve a ny other claim upon the Said FLAT itself or against the Promoters, except that of the amount to be refunded i.e. money claim without interest. 1 4 . T he f ix t ures , f itt ings and amenit ies t o be p r ovided by t he Pro- moter s in t he said Premis es and th e s aid building a re set out in AN- NE XU RE -a nn ex ed h e r e t o . T h e P r o mo t e r s s h a l l en de a vo r t o p r o vi de the amenities of the same specifications as herein stated. However, in the event , amenities of the said specifications are not available in the ma rk et th en th e Pr omot ers s h all p rovide a menit ies of s imila r q ua lit y or as close to the said specifications as the circumstances may permit or th eir near subst it utes. 1 5 . The Promoter shall give possess ion of the Apa rtment to the Al- lottee on or before ____st day of _______ 20___. If the Promoter fails or neg lec t s t o g ive p os s es s ion of t h e Ap a r t ment t o t h e Allot t ee on account of reasons beyond his control and of his agents by the afore- sa id dat e th en t he Promoter sh all be lia ble on demand to r ef und to t h e Allott ee t h e a mount s a lr ea dy r ec eived by h im in r es p ec t of t h e Ap a r t me nt wit h int e r es t a t t h e s a me r a t e a s m a y ment ioned in t h e clause 12 hereina bove from th e da te the Promoter received t he s um 14 a g a ins t t h e c ons ider a t i on o f s a id f la t t i ll t h e da t e t h e a m oun t s a nd interest thereon is repaid. Provided that the Promoter shall be entitled t o r ea s ona ble ex t ens ion of t ime for g iving deliver y of Ap a r t ment on t he a f or es aid dat e, if th e complet ion of building in whic h th e Apa rt - ment is to be situated is delayed on account of - (i) war, civil commotion or act of God ; (ii) Any notice, order, rule, notification of the Government and/ or other public or comp etent author ity/cour t. ( i i i ) Any reas ons beyond the Promoter's ' cont rol. ( i v ) Any default by p urc haser. vi) Dela y in g ra nt of a ny NO C /p er mis s ions/lic ens es/c onnec - t i on s /insta lla tion of any services such as lif ts , elec tricit y, water connections and meters to the Scheme FLAT, road NOC etc., or Occupa ncy (Completion) Certificate from a p pr op r ia t e a ut h or it y. 1 6 . T h e Pr o mot er , u p on o bt a ini ng t h e oc c up a nc y c er t if ic a t e f r om the competent authority and the payment made by the Allottee as per the agreement shall offer in writing the possession of the Apartment , to the Allottee in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give pos- s es sion of t he Apa rt ment t o th e Allot tee. Th e Pr omoter a gr ees and undertakes to indemnify the Allottee in case of failure of fulfillment of a ny of t he pr ovis ions , f orma lit ies , doc ument a tion on p a r t of t he Pro- moter. The Allottee agree(s) to pay the maintenance charges as deter- mined by the Promoter or association of allottees, as the case may be. The Promoter on its behalf shall offer the possession to the Allottee in wr it in g wi t h in 7 da ys o f r e c e iv ing t h e o c c up a n c y c e r t if ic a t e of t h e Pr ojec t . 17. T h e Allot t ee s h a ll t a k e p os s es s ion o f t h e Ap a r t ment wit h in 1 5 days of the written notice from the promoter to the Allottee intimating that the said Apartments are ready for use and occupancy: 1 8 . Up on r ec eiving a wr it t en int ima t ion f r om t h e Pr omot er a s p er clause 1 6, t he Allott ee s ha ll t ak e p os sess ion of t he Apa rt ment fr om t h e Pr o mot e r by ex e c ut i ng n ec es s a r y ind emni t ies , un der t a k in g s a nd s uc h ot h er doc ument a t ion a s p r es c r ibed in t h is Ag r eement , and t h e Pr om ot er s h a l l g iv e p os s e s s i on o f t h e A p a r t m en t t o t h e a ll ot t ee . In c as e t h e Allott ee f ails t o t ak e p oss ess ion wit hin t h e t ime p r ovided in clause 16 such Allottee shall continue to be liable to pay maintenance c ha r ges a s a p plica ble. 15 1 9 . If wit h in a p eriod of f ive yea rs fr om t h e dat e of h a nding over the Apartment to the Allottee, the Allottee brings to the notice of the Pr o mot er a ny s t r uc t ur a l d ef ec t in t h e Ap a r t ment or t h e bu ilding in which the Apartment are situated or any defects on account of work- manship, quality or provision of service, then, wher ever possible such defects shall be rectified by the Promoter at his own cost and in case it is not p os s ib le t o r ec t if y s uc h de f ec t s , t h e n t h e A llo t t ee s h a ll be ent it led t o r ec eive fr om th e Promot er , c ompensa tion for s uc h def ec t in the manner as provided under the Act. Provided f ur t her t ha t t h e F la t Pur c ha s er /s s h a ll not c a r r y out any altera tions of wha ts oever na tur e in t he s aid flat a nd building or in t h e f itt ings t her ein. In p ar t icula r it is her eby a gr eed t h at t he F la t Pur c h a s er /s s h a ll not ma k e a ny a lt er a t ions in a ny of t h e RC C s t r uc - t ur es , f it t ing s , a menit ie s , p ip es , wa t er s up p ly c onnec t ions or a ny of t he er ec tion ,a ltera t ions in t h e kitc h en, t oilet s, W. C. , t er ra c es , ba th - room etc. If any of such works are carried out or any heavy loads are s t ored in t he F la t , ba lc onies , t er r ac es , p a ss a g es , et c , a ny lia bility in- c luding def ec t lia bilit y aut oma tic a lly s h a ll bec ome void. F urt h er , t h e p ur c h a s er s h a ll be lia ble of p a yin g da ma g es , if a ny, t o p ur c h a s er / owner / user of the flat below or any affected flat. 2 0 . T h e Pur c h a s e r s / A llo t t ee s h a ll us e t h e F la t /A p a r t me nt or a ny pa rt th ereof or per mit t he same t o be used only f or pur pos e of res i- dence He/Sh e sh all us e th e pa rk ing sp ac e only f or p ur pose of keep - ing or par king veh icle. 2 1 . T he Allot tee along with oth er a llott ee(s )s of Ap ar tments in th e building s h all join in forming a nd reg is ter ing t he Soc iet y or As s oc ia - t ion or a L imit ed C omp a ny t o be k nown by s u c h na me a s t h e Pr o- mot er ma y dec ide a nd f or t h is p ur p os e a ls o f r om t ime t o t ime s ig n a nd ex ec ut e t he ap plica tion for r eg ist ra t ion a nd/or member sh ip and the other papers and documents necessary for the formation and reg- is t r a t io n o f t h e S oc i et y or As s oc ia t ion or L i mit ed C omp a ny a n d f or bec oming a member, including t h e byela ws of th e p ropos ed Societ y and duly fill in, sign and return to the Promoter within seven days of t he s ame being f or war ded by th e Pr omot er to t he Allott ee, s o as t o enable the Promoter to register th e common organization of Allottee. No objection shall be taken by the Allottee if any, changes or modifi- c at ions a re ma de in t h e dr a ft bye-laws , or th e Memora ndum a nd/or Ar t ic le s o f A s s o c i a t i on, a s m a y be r eq ui r ed by t h e Reg is t r a r o f C o- operative Societies or the Registrar of Companies, as the case may be, or a ny oth er Comp etent Author ity. 16 2 2 . T h e Pr omot er s h a ll, wit h in t h r ee mont h s of r eg is t r a t ion of t h e Soc iety or Ass ociat ion or Limit ed C omp any, a s a foresa id, c aus e to be t ra ns fer r ed to t he soc iet y or Limited Compa ny a ll t h e r igh t , t itle and the interest of the Vendor/Lessor/Original Owner/Promoter and/or the owners in the said structure of the Building or wing in which the said Ap ar tment is s it ua ted. 2 3 . T h e Pr omot er s h a ll, wit h in t h r ee mont h s of r eg is t r a t ion of t h e Federa tion/ap ex body o f th e Societies or Limited Compa ny, as afor e- said, cause to be transferred to the Federation/Apex body all the right, t it le a nd t h e interest of t he V endor /O rigina l O wner /Promot er a nd/or t he owner s in t he la nd on wh ic h th e building with mult ip le wings is c on s t r uc t ed. In th e event t he F edera tion/C o-opera tive Societ y Owner s being f or me d p r ior t o t h e c ons t r uc t ion, s a le a nd d is p os a l of a ll t h e a p a r t - me nt s /uni t s / t ene ment s in t h e Sa i d Sc h eme /s , t h e r ig h t s , int e r es t s , ent itlement s , et c ., of th e s aid Soc iet y/ h older s s ha ll AL WAYS B E SUB - JECT to the overall rights and authorities of the Promoters to deal and dis p os e of f s uc h uns old unit s /t en emen t s / / p a r k ing s p a c e s / / a s p er t h eir ch oice a nd on s uch t er ms a nd c ondit ions and cons ider at ion a s t he Promot er s may deem f it and pr oper. It is fur th er ag reed and un- derstood by the Purchaser/s that the Promoters shall not be liable and /or required to contribute towards the common expenses, maintenance char ges, etc ., in r espect of the sa id unsold premises. 2 4 . With in 1 5 da ys af ter notice in writing is given by th e Pr omot er to the Allottee that the Apartment is ready for use and occupancy, the Allottee shall be liable to bear and pay the proportionate share (i.e. in p r opor t ion t o t h e ca r p et ar ea of t h e Ap a rt ment ) of out going s in r e- spect of the land and Building/s namely local taxes, betterment charges or such other levies by the concer ned local aut hor ity and/or Gover n- ment water c harges, insurance, common ligh ts, repa irs and salaries of clerks bill collectors, chowkidars, sweepers and all other expenses nec- e s s a r y a n d i n c i d e nt a l t o t h e m a n a g e m en t a n d m a i nt e n a n c e o f t h e p r ojec t la nd a nd building /s. Unt il t h e Soc iet y or L imit ed C omp a ny is formed and the said structure of the building/s or wings is transferred to it , t he Allot tee sh all pa y t o t he Pr omoter such propor tiona te sha re of out going s a s may be determined. Th e Allott ee fur th er ag r ees t ha t t ill t h e Allot t ee' s s ha r e is so det er mined t he Allot tee s h all p ay to th e Promoter provisional monthly contr ibution of whatever ma y come, per month towards the outgoings. The amounts so paid by the Allottee to 17 t h e P r omot er s h a ll no t c a r r y a ny int e r es t a nd r ema in wit h t h e Pr o- moter unt il a conveyance of t he st ructure of t he building or wing is ex ec ut ed in fa vour of th e societ y or a limit ed c ompa ny a s af or es aid. On such conveyance being executed for the structure of the building or win g t h e a f or es a i d d ep os it s ( le s s ded uc t i on p r ov ide d f o r i n t h is Agr eement ) sha ll be paid over by the Promoter t o the Society or the Limited Company, as the case may be. 2 5 . T h e A ll ot t e e s h a ll o n o r be f o r e de li ve r y of p os s e s s i on o f t h e s a id p r em is e s k eep dep os i t ed wit h t h e P r om ot e r , t h e a m ount s f or sh are money, a pplica tion entra nce fees, f ormation a nd r e g i s t r a t io n of t h e Society or L imit ed C omp a ny/F edera t ion/ Ap ex body a nd p ro- p or t ionat e s h ar e of t a xes a nd oth er c h ar g es /levies in r esp ect of th e Societ y or Limited Company/Federa tion/ Apex body , the amount f or p rovisiona l mont hly c ontr ibution t owa rds out goings of Society or L imit ed Comp any/F eder a tion/ Apex body for T wo year s and a mount for Deposit towards Water, Electric, and other utility and services con- nection charges & amount for deposits of electrical receiving and Sub St at ion pr ovided in L ayout. 2 6 . Th e Allott ee sha ll pay t o t he Promot er a sum of wh at ever may c om e f o r me e t i ng a ll l e g a l c o s t s , c h a r g e s a nd e x p en s e s , in c l ud in g profess iona l costs of th e At torney-a t- L aw/Advoca tes of t he Promoter in connection with formation of the said Society, or Limited Company, or Ap ex B ody or F eder a t ion a nd f or p r ep a r ing its r ules , r eg ula t ions a nd bye-la ws a nd th e cost of p rep ar ing and eng ros sing t he convey- anc e or assignment of lea se. 2 7 . At the time of registration of conveyance of the structure of the buildi ng or wing of t h e buil ding , t h e Al lot t ee s h a l l p a y t o t h e Pr o- mo t e r , t h e Al lot t e es ' s h a r e of s t a mp du t y a nd r e g i s t r a t io n c h a r g es payable, by the said Society or Limited Company on such conveyance or lease or any document or inst rument of tra nsf er in res pec t of t he s t r uc t ur e of t h e s a id B uilding /wing of t h e building . At t h e t ime of registrat ion of conveyance of the project land, the Allottee shall pay t o t h e Pr omot er, t he Allot t ees ' s h a re of s t amp dut y and reg ist r a tion ch ar ges pa ya ble, by th e sa id Apex B ody or F eder at ion on s uc h con- veyance or lease or any document or instrument of transfer in respect of the structure of the said land to be executed in favour of the Apex B ody or F edera tion. 18 2 8 . REPRESENT AT IO NS AND WARRANT IES O F T HE PROMO T ER. Th e Pr omot er h ereby r epresents a nd warr ants to the Allottee a s follows: i. T he Promoter ha s clea r and ma rk et able t it le wit h resp ec t to the land as declared in the title report annexed to this agreement and has the requisite rights to carry out development upon the project land and also h as actual, physical and legal possession of the pr oject land f or the imp lementation of the Pr oject. ii. T h e P r om ot e r h a s l a w f ul r i g h t s a n d r eq u is it e a p p r ov a l s from the competent Authorities to carry out development of the Project and shall obtain requisite approvals from time to time to complete the development of t he projec t. iii. There are no enc umbrances upon the project land or the Project ex cept t hose disclosed in t he tit le rep ort. iv . Th er e a re no litig at ions pending bef or e a ny Court of law with respect to the land or Project except those disclosed in the title r ep o r t . v. All a p p rova ls, licens es a nd p er mit s iss ued by t he c omp e- tent authorities with respect to the Project, project land and said build- ing /wing are valid and subsisting and have been obtained by follow- ing due process of law. Further, all approvals, licenses and permits to be is s ued by t h e c omp et ent a ut h or it ies wit h r es p ec t t o t h e Pr ojec t , p r oje c t la nd a nd s a id bu ilding /wi ng s h a ll be obt a ine d by f oll owing due process of law and the Promoter has been and shall, at all times, remain to be in compliance with all applicable laws in relation to the Pr oject , pr oject la nd, Building /wing a nd common ar ea s. vi . T he Pr omot er h as t h e rig ht t o enter int o t his Agr eement and has not committed or omitted to perform any act or thing, whereby the right, title and interest of the Allottee created herein, may prejudi- cially be a ff ec ted. vii. The Promoter has not entered into any agreement for sale a nd/or develop ment a g r eement or a ny ot h er a g r eement / a r r a ng e- ment wit h any p er s on or p ar t y with r es p ect t o t he p r ojec t la nd, in- cluding the Project and the said Apartment which will, in any manner, affect the rights of Allot tee under this Agreement. 19 viii. The Promoter confirms that the Promoter is not restricted in a n y m a nn er wh a t s oev er f r o m s el lin g t h e s a i d Ap a r t men t t o t h e Allottee in the manner c ontemp lated in this Agreement. ix. At t h e t ime of ex ec ut ion of t h e c onveya nc e deed of t h e s tr uc tur e t o th e as s ocia t ion of a llot tees t h e Pr omot er s h all ha ndover lawful, vac ant , peac ef ul, p hysica l poss es s ion of t he c ommon a reas of the Structure to the Association of the Allottees. x. The Promoter has duly paid and shall continue to pay and discharge undisputed governmental dues, rates, charges and taxes and ot h er monies , levies , im p os it ions , p r emium s , da ma g es a nd/or p ena l- ties and other outgoings, whatsoever, payable with respect to the said project to t he c ompet ent Authorities. xi. No notice from the Government or any other local body or a ut h or it y or a ny leg is la t ive ena c tment , g overnment ordina nc e, or der , not if ic at ion ( including a ny not ice f or a c quis it ion or requis ition of th e sa id p ropert y) h as been received or s er ved up on t he Promoter in r e- spect of the project land and/or the Pr oject exc ept those disclos ed in the title report. 29. T he Allottee/s or h imself/themselves wit h intent ion to bring a ll per sons into whos oever hands the Apar tment may come, her eby c ov- enants with the Promoter a s follows :- i. To maintain the Apartment at the Allottee's own cost in g ood a nd t e na nt a ble r e p a ir a nd c ondit i on f r om t h e da t e t h a t of poss ession of the Apartment is taken and s hall not do or suffer t o be done anything in or to the building in which the Apartment is situated wh ic h may be a g a ins t t he r ules , reg ulat ions or bye-laws or c h a ng e/ alter or make addition in or to the building in which the Apartment is situated and the Apartment itself or any part thereof without the con- sent of th e loca l auth orities, if requir ed. ii. Not to store in the Apartment any goods which are of haz- ar dous, combus tible or dang erous nat ure or ar e s o heavy as to da m- ag e th e c onst ruct ion or str ucture of t he building in which t he Apar t- ment is situated or storing of which goods is object ed to by th e con- cerned local or other authority and shall take care while carrying heavy packa ges whic h may da mage or likely t o damage the sta ircases, com- 20 mon passages or any other structure of the building in which the Apart- ment is situated, including entrances of the building in which the Apart- ment is situa ted and in case a ny damag e is caus ed to th e building in which the Apartment is situated or the Apartment on account of neg- lig enc e or defa ult of t he Allott ee in t h is beha lf , t he Allott ee sh a ll be lia ble for the conseq uences of th e brea ch. iii. To carry out at his own cost all internal repairs to the said Ap ar t ment a nd ma int a in t h e Ap a r tment in t h e s a me condit ion, s ta t e a nd or der in wh ic h it wa s delivered by t h e Promot er t o th e Allot tee and shall not do or suffer to be done anything in or to the building in which the Apartment is situated or the Apartment which may be con- trary to the rules and regulations and bye-laws of the concerned local auth or it y or ot her public a uth or it y. In the event of th e Allot tee com- mit t ing a ny ac t in c ont ra vention of th e a bove p rovis ion, t he Allot tee s h a ll b e r es p ons ible a nd lia ble f o r t h e c ons eq u enc es t h er eof t o t h e concerned loc al authorit y a nd/or ot her p ublic aut horit y. iv . Not to demolish or cause to be demolished the Apartment or a ny p a rt th ereof, nor a t a ny t ime ma k e or ca use to be ma de any a ddit ion or a lt er a tion of wh a t ever na t ur e in or t o t h e Ap a r t ment or any part thereof, nor any alteration in the elevation and outside color s ch eme of th e building in wh ic h th e Apa r tment is s it ua ted a nd sh all keep th e p ort ion, sewers , dra ins and p ip es in the Apar tment and t he a pp ur t enanc es t h er et o in g ood t enant able repa ir and c ondit ion, and in p ar tic ula r, so a s t o s upp or t s h elt er and p rot ec t t he ot h er pa rt s of the building in which the Apartment is situated and shall not chisel or in any other manner cause damage to columns, beams, walls, slabs or RCC, Pardis or other structural members in the Apartment without the p r ior wr i t t e n p er m is s i on of t h e Pr o mot er a nd /or t h e So c ie t y o r t h e L imit ed C ompa ny. v. Not to do or permit to be done any act or thing which may r e nd er v oi d o r vo id a b le a n y in s ur a n c e o f t h e p r o je c t la nd a nd t h e bu ild ing i n w h ic h t h e Ap a r t men t i s s it u a t ed or a ny p a r t t h er e of or wh er eby any incr ea s ed p r emium s ha ll bec ome p a ya ble in res p ec t of t he insur ance. vi . Not to throw dirt, rubbish, rags, g arbage or other refuse or permit the same to be thrown from the said Apartment in the com- p ound or any p ort ion of th e p rojec t la nd a nd t he building in wh ic h the Apa rtment is situat ed. 21 vii. Pay to the Promoter within fifteen days of demand by the Pr omot er , h is s ha r e of s ec ur it y dep os it dema nded by t h e c onc er ned local authority or Government or giving water, electricity or any other service connection to the building in which the Apartment is situated. v i i i . T o be a r a nd p a y i nc r ea s e i n l oc a l t a x e s , wa t er c h a r g e s , in s u r a nc e a n d s u c h o t h er l ev ie s , if a ny , wh ic h a r e im p o s e d by t h e c on c e r n ed l o c a l a u t h o r i t y a nd /o r G ov er nm en t a nd /o r o t h er p ub li c authority, on account of change of user of the Apartment by the Allot- tee for any purposes other than for purpose for which it is sold. ix. The Allottee shall not transfer, assign or part with interest or benefit factor of this Agreement or part with the possession of the Ap ar tment unt il a ll th e dues pa ya ble by th e Allot tee to t he Pr omot er under t his Agreement are fully p aid up. x. T h e Allot t ee s h a ll obs er ve a nd p er f or m a ll t h e r ules a nd regula tions wh ic h th e Societ y or t he L imit ed C ompa ny or Ap ex B ody or Federation may adopt at its inception and the additions, alterations or amendment s thereof that may be made from time to t ime f or p ro- t e c t i o n a n d m a i nt e n a n c e of t h e s a id b ui l d i ng a nd t h e A p a r t m en t s therein and for the observance and performance of the Building Rules, Reg ula tions a nd B ye-la ws f or t h e t ime being of t h e c onc er ned loc a l a ut h or it y a nd of G over nme nt a nd o t h er p u blic bo dies . T h e Allo t t ee sha ll also observe and perform all the stip ulations a nd conditions laid down by th e Societ y/L imited C omp any/Apex Body/Feder ation regar d- ing the occupancy and use of the Apartment in the Building and shall p a y a nd c on t r i but e r eg u la r ly a nd p unc t ua lly t o wa r ds t h e t a x es , e x - penses or other outgoings in accordance with the terms of this Agree- me nt . xi. Till a conveyance of the structure of the building in which Apa rtment is sit uated is exec uted in f avour of Society/Limit ed Society, the Allottee shall permit the Promoter and their surveyors and agents, with or without workmen and others, at all reasonable times, to enter int o and upon th e said buildings or any par t th ereof to view and ex- amine th e stat e and condition thereof. xii. Till a c onveya nce of th e p rojec t land on wh ich th e build- ing in which Apartment is situated is executed in favour of Apex Body or Federation, the Allottee shall permit the Promoter and their survey- 22 or s and a g ent s, wit h or wit h out wor k men a nd ot h er s , a t a ll r ea s on- able times, to enter into and upon the project land or any part thereof to view and examine the st ate and condition th ereof. 3 0 . After the registering the project under the provisions of the said a c t wit h Rer a t h e Pr omot er s h a ll ma int a in a s ep a r a t e a cc ount in r e- sp ect of sums received by t he Promoter f rom the Allott ee a s a dvance or deposit, sums received on account of the share capital for the pro- mot ion of t he Co-op er a tive Soc iety or as soc ia t ion or C ompa ny or to- wards the out goings, legal charges and shall utilize the amounts only for the purposes for which they have been received. 3 1 . Nothing contained in this Agreement is intended to be nor shall b e c o ns t r u ed a s a g r a nt , d em is e o r a s s i g n m en t in la w, o f t h e s a i d Apa rt ment s or of th e sa id Plot a nd B uilding or any pa rt t hereof . Th e Allott ee s hall ha ve no c la im s ave a nd exc ep t in resp ec t of th e Ap ar t- ment h er eby a g r eed t o be sold t o h im a nd a ll op en s p ac es , p a r king s pa ces, lobbies , s ta ir ca ses, terr ac es r ec rea tion s pa ces, will r emain th e p r op er t y o f t h e P r om ot er unt il t h e s a i d s t r uc t ur e o f t h e b uil din g is t r a ns f er r ed t o t h e Soc iet y/L imit ed C omp a ny or ot h er body a nd unt il th e land under th e building is tr ansferr ed to th e Apex B ody /Feder a- t ion a s h er einbef or e ment ioned. 3 2 . Aft er t h e Promot er ex ec utes th is Agr eement h e s h all not mort - gage or create a charge on the Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such Apartment. 3 3 . Forwarding this Agreement to the Allottee by the Promoter does not c r ea t e a b inding obl ig a t ion o n t h e p a r t of t h e P r omot er o r t h e Al lot t ee un t il , f ir s t ly , t h e All ot t e e s ig n s a nd del ive r s t h i s A g r e eme nt with a ll t h e s c h edules a long wit h t h e pa yment s due a s s t ip ula t ed in t he Pa yment Pla n wit h in 3 0 ( th irt y) da ys f r om t h e da t e of receipt by the Allot tee and secondly, appears for regis tration of the sa me before the concerned Sub- Registrar as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agree- ment within 30 (thirty) days from the date of its receipt by the Allottee and/or appear before the Sub-Registrar for its registration as and when intima ted by t he Promoter, t hen th e Pr omot er s ha ll s er ve a not ic e to 23 the Allottee for rectifying the default, which if not rec tified wit hin 15 (f if teen) da ys from the date of its rec eipt by th e Allott ee, a pplica tion of the Allottee shall be treated as cancelled and all sums deposited by t h e Allot t ee in c onnec t ion t h er ew it h inc luding t h e book ing a mount s h a ll be r et ur ned t o t h e Allot t ee wit h out a ny int er es t a nd a f t er de- duc ting t he ___% of t he a mount p aid, t owar ds damag es , comp ensa - tion & brokerage , if paid. 3 4 . T h e a l lot t e e h a s a p p l ie d t o t h e p r o mo t e r f or a l lo t m ent o f a n apar t ment , descr ibed in Second Sch edule wr it ten her einbelow, t hr ough a gent _____________________, r eg is tered under t he p rovi- sions of the Real Estate (Regulation & Redevelopment) Act, 2016 with the Real Estate Regulatory Authority at___________ no._____________.The information of project & terms of allotment are ment ioned in t his ag r eement & f ix t ures , f it ting s a nd a menit ies t o be provided by the Promot ers in the s aid Pr emises and t he said building are s et out in ANNEXURE- annexed h ereto, ex cept thes e ,if abovesaid agent made or makes any other representation , promoter will not be r esponsible and liable for such r epresent ations. T he liabilit y of abovesaid agent imposed under the provisions of the Real Estate (Regu- la t i on & R ed ev el op me nt ) Ac t , 2 0 1 6 wi ll b e li mi t e d wi t h s a i d a g en t alone. Further, it is made clear and agreed by and between the parties that, the amount of brokerage , payable to said agent under this trans- a c t ion, h a v e t o p a y by p r omot er a lone. T h e a llot t ee a ut h or ized t h e p r omot er t o p a y t h e a mount of br ok er a g e in p r op or t ion t o a ll p a y- ment s against considera tion of apart ment made by him to promoter. 3 5 . Th is Agreement, along with it s sc hedules and a nnex ure, c onst i- t ut es t h e ent ir e Agr eement bet ween t h e Pa r t ies wit h r esp ec t t o t h e subject matter hereof and supersedes any and all understandings, any ot h er a g r eem ent s , a ll ot me nt let t er , c or r e s p o nde nc e s , a r r a ng e men t s wh eth er wr itt en or or al, if a ny, between th e Par ties in reg ard t o t he sa id apa rtment /plot/building, as th e c ase ma y be. 3 6 . This Agreement may only be amended th rough wr itten consent of t he Part ies. 3 7 . If a n y p r ov is i on o f t h is Ag r ee men t s h a l l b e de t er min ed t o be vo id or u ne nf o r c ea b le un de r t h e A c t or t h e Ru les a nd Re g u la t io ns made t h er eunder or under ot h er ap plica ble la ws, suc h p rovis ions of 24 the Agreement shall be deemed amended or deleted in so far as rea- s ona bly inc ons is t ent wit h t he pur p os e of t h is Agr eement and to th e extent necessary to conform to Act or the Rules and Regulations made thereunder or the applicable law, as the case may be, and the remain- ing p rovis ions of t h is Ag r eement s h a ll r ema in va lid a nd enf orc ea ble as applicable at the time of execution of this Agreement. 3 8 . Wherever in this Agreement it is stipulated that the Allottee has to make any payment, in common with other Allottee(s) in Project, the same shall be in proportion to the carpet area of the Apartment to the total carpet area of all the Apartments in the Project. 39. B ot h Pa r t ies a g r ee t h a t t h ey s h a ll ex ec ut e, a c k nowledg e a nd deliver t o t he other such ins trument s and t ake suc h other ac tions, in additions to the instruments and actions specifically provided for herein, as may be reasonably required in order to effectuate the provisions of th is Agreement or of any tr ans action contemp lat ed h erein or t o con- f ir m or p er f ec t a ny r ig h t t o be c r ea t ed or t r a ns f er r ed h er eunder or pursua nt to a ny s uch tra nsa ction. 40. Th e Allott ee a nd/or Pr omot er s h all p r es ent th is Ag r eement a s well as th e conveya nc e at t he pr op er r egist ra t ion of f ic e of r egist ra - t ion wit h in t h e time limit pr esc ribed by t h e Reg is tr a tion Ac t a nd th e Promoter will attend such of fice and a dmit execution thereof. 4 1 . That all notices to be served on the Allottee and the Promoter as cont empla ted by th is Ag reement s ha ll be deemed t o h ave been duly served if sent to the Allottee or the Promoter by Registered Post A.D. Under Cer tific ate of Post ing a t their res pective addresses specified on page no.1 of this Agr eement. It sh all be th e duty of th e Allott ee and th e p romoter t o inform ea ch other of any change in a ddress s ubsequent t o th e ex ecut ion of this Agreement in the above address by Register ed Post failing which a ll communic a tions and lett ers pos ted a t t h e a bove a ddr es s s h all be deemed to have been received by the promoter or the Allottee, as the case may be. 4 2 . T h a t in c as e t h er e a r e J oint Allot tees a ll c ommunic a tions sh a ll be sent by the Promoter to the Allottee whose name appears first and a t t h e a ddr es s given by h im/her wh ich sh a ll f or all int ent s a nd p ur - pos es to consider as properly served on all the Allottees. 25 4 3 . Stamp Duty and Registration :- The charges towards stamp duty and Reg istration of this Agreement shall be borne by the allottee. 44. Any dis pute bet ween p ar ties s ha ll be sett led amic ably. In c as e of f a ilur e t o set t led th e dis p ut e amic ably, wh ic h sh a ll be r ef er r ed t o the Authority as per the provisions of the Real Estate (Regulation and Develop ment) Ac t, 2 0 16 , Rules a nd Regulat ions , t her eunder . 4 5 . The rights and obligations of the parties under or arising out of t his Ag r eement sh a ll be c ons t r ued a nd enfor c ed in a cc or da nce wit h the laws of India for the time being in force and the Courts at Nashik will ha ve jurisdict ion for t his Agr eement. IN WITNESS WHEREOF parties hereinabove named have set their respective hands and signed this Agreement for sale at Igatpuri in the pr es ence of a tt es ting witnes s, s igning as s uc h on th e da y f ir st a bove wr it t e n. F ir s t Sc hedule All that piece and parcel of vacant land area adm._____ sq.mtrs out of total area adm.8866.6 0 Sq.Mtrs - Rounding a rea of Road 23.00 Sq . M t r s = 8 8 4 3 . 6 0 Sq . M t r s o ut of B loc k / G a t No. 2 7 9 /1 / 2 /3 0 /3 5 /C - par t situat ed a t Revenue Villag e Par devi, Ta l.- Igat puri , Dist. Nas hik bounded as f ollows ; On or towards EAST : On or towards WEST : On or towa rds SOUTH : On or towa rds NO RTH : Together with the right to use common space, colony roads and ot her ea sement or y righ ts . Second Sc h edule All th a t p iec e a nd p a r c el of Ser vice Ap a r t ment No. ______, a d- measuring carpet area _________ sq. mtrs. + Balcony area adm._______ sq .mtr s + at tach ed Ter race ar ea ____, ( net usa bel ar ea of Apar tment, area adm. sq.mtrs) on _____ Floor, In Building known as "Mansoon Mist", to be constructed upon the said land described in first schedule above. T he sa id Ap artment is bounded a s under: On or towards EAST : On or towards WEST : On or towa rds SOUTH : 26 On or towa rds NO RTH : Here set out the nature, extent and description of common areas a nd f a c ilities . Annex ur e -A ( F i x t ur es , F i t t i ng s a n d A me ni t i es t o b e p r ov id ed in t h e A p a r t - m en t ) Annexur e -B (C ommon F ixt ures, Fit ting s a nd Amenit ies to be provided t o t he b u i ld i n g ) IN WITNESS WHEREOF THE PARTIES HERETO HAVE SIGNED HERE- UNTO ON THIS DY DATE YEAR FIRST MENTIONED HEREINAB OVE. SIGNED AND DELIVERED by t he With in Named "PURC HASER" __ __ __ __ __ SIGNED AND DELIVERED by t he With in Na med "V ENDOR/SALER" __ __ __ __ __ In the pr esence of Witnesses. 1 ] _ __ _ __ _ __ __ _ 2 ] _ __ _ __ _ __ __ _