...• . .... '. (15)· .• '. , , ... :.. : 12.' . TERMINATION OF AG.RE·EPJlENT: ' .. 1.2.1. .Witho~(pi:ej Udice to the 'j:ighf:~('Prorrioters to charge. inte(est ., as mentioned above; 0 n the. Allottee/Purchaser committing default in.' .. payment on due date.~( any amount due and payable by the Allottee/ : ... : '. Purchaser to the Promoters underthis Agreement (including his proportionate .. '. share of taxes levied-by conc~rned·toc~1 authority and other outgoings) ..•.... . . and on the Allottee.Purchaser cornrnlttinq three defaults ot.payment '.' ·ofinstallments . ..' ....the' prOiTlot·e~~···~·h·a·l(~t .... .' .thelr.own option, .mayterminate.: . . '.'." this Agreement. .. . Provided that, 'Promoters shall g'jve notice of fifteen days in ·writing to the Altottee/Purchaset.by ReSistered Post AD at the address' provided by the Allottee/Purchaser. arid/or ·mail at. the e-mail address' provided bythe Allottee/Purchaser, ··oftheir intention to terminate this .:' ·Agreement and :ou'he specificbreach or breaches of terms and conditions' · inrespect of which h. JS Intended'.to. terminate the Agreement. If.the . Allottee/Purchaser' fails to rectify the. breach or breaches. mentioned .• ' by the 'Promoters: ~ithin the, period ot.notlce then at th'e ,end .of such ... . ". notice period, Promotersshalt be' entitled to terminate this Agreement . . ... , .: Provided furtherthatupon tetrnlnafion of. thisAgreement asaforesaid, · the Promoters shal!' ref~'nd t~ t.h·e:AII~tt'e~/P~rchaser· (subject to' ~he' '. deduction of 20;% of the 'total amount till then received by the Promoters · ,towards the adjustment and recovery of any administrative expenses · and an amount' for agreed liquldated damages or any other amount .. ·which may be payableto Promoters) within a period of thirty days of the termination, tbe', installments.of sale consideration of the said -Flat/ . '. 'Apartment whith rn~Y'Hli th~n have :be'e'npaid by the Allottee/Purchaser .'. ·to the Promoters .and t.he·Promoters herein: shalt be -entltled to .deal .:' . with sai.d Flat/Apartment with any prospective buyer. Delay in issuance of any reminder/s or 'notice~' from-the P~o'moters shall notbe considered , ......as waiver of Promoters absolute right to. terminate this AgreeJ1l~nL .... ... •• 1-2.2.' For whatsoever reason if the Allottee/Purchaser herein, without · .any default orbreach ..on his part, desire toterrnlnate this Agreementl · transaction in respect 'of the.said F:lat!apaitment then, the Allottee/Purchaser .... hereln shall issue a prior written-notice to. the Promoters asto the lntentlon . . of the Allottee/Purchaser- and OD' such receipt of notice-the Pr.omoters 'herein shall b.e·entitled to deal with' the.said apartment WHhprospeetlve buyers. After receipt 'of such .notic~·of intention to terminate this aqreernent • '.~ .the Promotersshall. issue a 15.'d~·y_s.·Q·o·tic~ in writing calling upon himl . ·her/them tcexecute and reqisterDeedof Cancellation. Only upon the execution and reqlstration of Deed of· Cancellation the Allottee/Purchaser 'to' · .shall be. entitled r'~cehle the refund ofconslderatton, subject.to terms · .otthts agreeme.nt.·· ..' .. . .. .. 12,3 .. IUs specifically aqreed between the paruesberetothat. if the .. transaction in respect .cfthe saki 'apartment between the 'Promoters .' . · and Allottee/Purchaser 'herein te·r~·jna.t~d as stated in.sub-para 'herein · above written then .all.the instruments .und~r whatsoever ~ead executed, . ". ' . " .. . : _' ': -," ., :.:< ._ 0" : . ./' ( , r , .. '. .. \ ... '0 " . ,', I'. " .. ~,", . " . "': ", . .,' .. , . ," . .' (16) . .:. ... - ..•. . t- : . _" .. .. . ~..' -' .. . '. • 0" .',: :.. .. ', •••betwee~.the partieshereto orbetweenthe Promoters and A·lIbtte.eIPurci~·aser ....••. ..'.;..,;..•........ '.. ' . h·¢r.~iri,inrespect of the said a·part~T{en.t.-s·hall·st?~~s:.a~t.~~~.ti9.~_IIy:_cancelle.d·>: <.': . . -,>. , . ;'~nd .e·it_h~rparty ..have.·~o··.right.·title; .i·nter~~':~f:··clairn·.a9alnste'ach' ~the:(:,':>::....'::::>" •... :: .. ., ..::.: .. . •..::~?Pt.;.t~:~::;;;r8i;a;~;·AP~ RTMEN;~~: .: •.•.•.•.•..•........ .•• ••• ·•••...... ;: j':" ••....:..•..•.•.' '•..•.••..••....•.......••.•.• ~••..•. ' .. 13',1'> '. Th·e,···p:~.om6ter;. agre:~s:·~~·q.;undef$t~ndcth·aithe' timely deH~~{Y .' .:',._:": . of possession 6f the s~i.d·Flat/apartment is the.:'ess~n'ce·~f.thisAgreement; >: ;. . : .. '.' subject. to receipt of full conslderation/tota! price of the.said .Flat/apartment ,'.' . ' . · "and .all.the dues of the Promoters and' taxesthereon. fEr paid by the. ,::..;'.>:" '. . a "Allott~~"jPutc'ha$'e:~:in :i.e~·pe:.~t· of .th~.sai.~..j=-i.~tI~fpa.i-tm~·~t, in terms'. of this '.. .. presents, th·~.·Prornot~r~,·.ba:s·ed:on··~·h~·-a·ppr6.v~(;i·_,pi~ns ·an~d.:speciflci;lti~nsi...••.....•.• '-: shal! give possession otthe said Flat/Apartment tb tbe·:Aiio·tle·eipur~~a~.er., <.~'.';' ::_ · -on o~ b~fore. 0'1.101/2021.. . _.' . :'.' ' .. '.. . --: -,.. . ;:.... .. . . .... '. . " : '.t. r , It is f.~rther ·e~~·resSly·a~reed·b.eh~e.~·n:·th.e Vendor ~ Purchaser - .: . :"':. . . th'~t the .reasb~able tim'e' shall' be extended 'td ha::ndov~'rthe.possession . : '..:.. ' .. ' . ....~f·the··safdfl~.t·.p·rert1i·s.e~~ •.:':.--(;;":_.>.:., .:.''- ..on acco~·~t.~f:th~ -r~as~ns:··,0·hlC:h·~·f~··~eY6n:d:: .. ' the-control ~fthe 'Vendor 'iike War., '~rvil'commotion, fl:ud, drauqht.. etc: . _:.:._.' .. '.. (Force Majeure) s furth'er it"" the-Purchaser is "not willi"ng :to exten ..9 the . .-- .' : .r. time for the reasons mentioned heremabovethen in that ev~'nt th'e promoter '.' :.::, : shal! refund the -amount . of'the'_'co'hsider~tron . . recelvedby... him .a:s per... '. ~.. th~.p·r6vjsion.s-of RERA.·.. '. . ' .. ,: '. ..,.:' .: .' :_. . - ":.. ..' · ..'1"4. ~PRocEDURE:_.~QR~Aki~G pOs·~··E~_'~.i6N::· .: '.:. ,::':::~::':., : .... · 1A; 1': . The '-Prom:Qter,' up:on :obtainh1g .tti~·'!~~~up'anc/:'~'~;ti'ficate "'fr~m'...·./.:;".i/".-:· · the. competent authority and the' payment rna'de' bytheAllottee per· .' . as · the agreement shall offer in w~itlng thepossessionot the .said.Apartment, .. ..;--... . .•... . ..~.. :. ·in··teJ·ms·bf this: ·Agree·(nent.:.to·:-b~."take.r:t ...._-_'.·:.t:~:·th·e.Aliotr~e. ..wi·thin .'~.'.(three:::::._-'_- "'":_::_.:. '.. . 'M:onths from' t"he' d~te 'of issue of s~ch' riQ:t_ic:e··~:n~fth~.··:Prorriot·er--:shail :'-,":.> '., g·.i~ep()Sses.~io~of the :~a'id _-Apa'rt~ent ·to"tfi.e:·A:I·loH~~·,:··Ihe Pro'moter .. '. ".. .~'grees and' ·u~.dertake~. to indemnify :th?' Ailottee jn'··~a·se:o'f :fa·i1ur.~ .of. . ::':~:,:. .... or . .':- fu·lfiJl,me.nt any of th~.provi.s·'·ons•.·for.m.~lities·,·doc~:~e~tation' ~'Q p,art': ":-'/ ;_--: '. . of the promot·~r. The Allofte.~· agree{i;.) to 'pay _the. ni~nthlY rriainten'~nce ..' '. charges as determihed:by:ihe··Pro~~te·r.·q~.$6cietYfass~~i~ti9nof a11~tte,es,' ."~" . .. . ." • .' I . . ' ..•• :.. '.. ....• '.:" . . as tjle. case m~y be. The'·P~omoter on its behalf sh~II'offe('the possession .....\: .'~.. ' " . . t.o..tRe·AIl~ttee·iri.writin9·-within_'7.day~of recei~i~g·the·occu··pancycettificate: .. ";_-_".' ,..... · ¢f."the Prpje.qt.·.The. all~tte~ ',h~s':agre'ed:to:';pay:the 't:ime rnaint~'rii3nce:' .,....:,.;.. .•. .one . ' .... fund R~.T5,O'OO/:- (fn ~6;d$·R.s:.·S~.v~ntY"'·Fj.v~·i"tlbu~a'~~ only).·a·f~he.~.::. ;'.;'-:.':. "/ .. ' .":' _-time.of taking ov~r .p'os·s·es.s1onof the: ~aid:Flat"and ··th~··Pj-omote~has·_.··._.··>.;. ';:' ': :',:':.,..- . a.·gr~·ed· \~~"depo's)tth'e: .·said-:a'rrlOu~t n)a·iht~n~'nc~·+~.·ndin sep.a·rate :> .;'~' •.: .'; ·.of :' ',.,! :" • ....·.b~lnkaccoun(which the':promote( sheilil: bp.en:ih.··~.ny~.a.ti~nalJses{bank '.•...:.... :...•. .' .... 6{ co-operaHv.e- bank· an.d Whi:ch'will ':be:'us:ed'f~(.:m.ai6r::.ma·inte:nanc~.,:.·:":-:.'.:::'..:.,_'.:'; .'....: . jf requi~ep.:·The Allottee; ha~ agJe'ed:to'pay .m.o:nJhly·mainten~nc~'~harge~ ,.,::.:..i:.:»:· ".'; . .-. a~.decjded by the·Prom·oter-o(·by·th_e.societ~ ;:mdwhen·_.formedreg:ularly ....:.... ·~s.. . (;lnd-the. Pr.Qrll.:otefshail .Lise'·the:sa~d.a:nibu'nt o_f. mah)t'~nance _ch~rges·· ':'::"_;'.' .... .... '. t'o·r.·mainteriance of the 'comr:TIOnareas and faciiities anci·.after formptl~n·· : ..,."_; · .' .... :--:-_-:? .'. ,;,.,:.' . .... . . . . .' :.',";.. . '. . ..'.:~ . " .. ':",:",', : . I:. :" . .' :, ,,' .....:.. :': .... • . ', •• 1 .' ••• ~' •• .~ ... - .. (17) of co-operative society, the said society shall use the said amount of maintenance charges for maintenance of the common areas and facilitjes and in case, the said amount Is found short, and the Promoter incurs ·the additional maintenance charges, the same shall be. recovered proportionately from the. allottee. The Promoter has absolute right to · hand over the maintenance to the Cooperative Society as and when formed. The Promoter ·shall inform the society regarding its intention to stop the maintenance of common areas and tacilltles in respect of. the building in which' the Purchaser is purchasing the flat premises which · is described in Scheduler II hereunder written. The said amount.of one time maintenance ..collected py the Vendor shall be kept in Fixed Deposit in the Nationalise Bank or in Co-operative Bank in which the Society's. account will be opened as arid When formed. Till then the said amount shall be deposited by the Promoter in -a. separate Bank Account in its. name ..· 14..2: The Allottee/Purchaser shall take possession of the Apartment '. within 15 days of the written notice from the promoter to the Allottee / . Purchaser intimating that the said Apartmentls Is/are ready for use and . occupancy. 15. FAILURE OF ALLOTTEE/PURCHASER TO TAKE POSSESSION: Upon receiving a wr-ittenintimation from the Promoters as mentioned hereinabove, the Allottee/Purchaser shall take possession of the said Flat/Apartment from the Promoters by..executing necessary .indemnities, undertakings and such other documentation.as prescribed in this Agreement, ·and the Promoters shall give· possession of the said Flat/Apartment to the Allottee/Purchaser. In case the Allottee/Purchaser fails or commits delayin taking possessfonof the said Flat/Apartment within the time provided as mentioned above; such Allottee/Purchaser shall continue ·to be liable to pay maintenance charges as applicable as well' as property ·tax, electricity charqes and any other expenses and outgoing in respect of the said Flat/Apartment .anc the Promoters shall not be liable for. ·the maintenance, wear. and tear of-the .said Flat/Apartment. 16. COMPE.NSATION : . . That the Allottee/Purchaser has given his specific confirmation herein that the responsibility of title of the said property be on the Promoters up and until the conveyance of the said .building. and the said property thereunder. Except or occurrence of the events stating herein ab~ve, if the Promoters fails to complete or is unable to give possession of the Apartment (i) in accordance with the terms of this Agreement, duly completed by the date specified herein: or (ii) due to discontinuance of his business as a Promoters on account Of. suspension or revocation of the registratio·n.. ·tinder the Act; or for any other reason; the Promo'ters shall be liable, on demand to the Allottee/Purchaser, in case the Allottee/Purchaser ,~, ' '>'t" ,011 - ~,,' , ! -- . (18) " wishes to withdrawn from the project; without prejudice to any other remedy availablevto return the total amount received by hirn 'in respect of the Apartment, with the interest as per' State Bank of India highest Marginal Cost of Lending Rate plus ~% percent per annum within 30 days including compensation in the manner as provided under the Act. . Provided that where . if. the Allottee/Purchaser . does not intend ·to withd raw from the said property, the Promoters shall pay. the Allottee! Purchaser interest as per the State Bank of.lndia·.highest Marginal cost of Lending Rate plus 2%, on all the amounts paid by the Allottee/Purchaser, ·for every month. of delay, till the handing over ·of the possession of the Apartrnent.. . 17.. DEFECT LlABtLiTY : . If within a period of five years from the. date of handing over . the Apartment to the. Allottee/Purchaser, the Allottee/Purchaser brings to the notice of the Promoters any structural defect in the Apartment or the building· in which the Apartment is situated or any defects on . account. of workmanship, quality or provision, of service, then, wherever possible such defects shall be rectified by the Promoters at their own ·cost and in case it is not possible to rectify such defects, then the Allottee! Purchaser shall be entitled to ·receive from the Promoters, compensation .. for such defect in the manner· as provided under the Act. . 18. USE OF FLAT/APARTMENT: The Allottee/Purchaser shall use the said Flat/Apartment or any part ·thereof or permit the same to be used only for Residential purpose. 19. F·ORMATION OF ORGANISATION·APARTMENT HoLDERS: 19.1. The Attottee/Purchaser along with other Allottee/Purchasers of Apartments in the :said building shan join in forming and registering the assoclation of apartment owners-condominium -to be known by such name as V N RESIDENCY APARTMENT and for this purpose also from time to time sign and execute the application for registration .and/or membership and' the other papers and .' . documents necessary for the. " formation and registration of the association of apartment owners and for becoming a member, including the byelaws of the proposed association of apartment owners and- duly fill in, sign and return to the Promoters within seven days of the same being forwarded by the Promoters to . the Allottee/Purchaser, so as. to enable the Promoters to register the common organisation of Allottee/ Purchasers . No objection shall be. taken by. the Allottee/Purchaser if any, changes or rnodlflcations are made in the draft bye-laws, of the. association of apartment owners, as may be required by the .Registrar of Co-operative Societies or the Registrar of Companies,' as the. case may be.vor any other Competent ·Authority . ., 19;2 The Promoter shall form the AparmenUCo-op. Society. or Company as the case may be after the .. . completion of V N RESIDENCY APARTMENT· .. {, . ,'; "\',' -. .~::: . , ..... . ,,' . . . '. (19.) " ..'... ' '. . . . :: '; . '. & shall form -the.s aid .Apart~ent/Go,.op.::·Sncl~ty6r. .C·omp·anyaft~rthe::" : .' . Completion Certificate- is ·recejved:by·.th~ Competant AuthorJlY.:";.:·;:· . .'-.:.:;}. . . " .,. . ..... .. . . ' .. "1 ~:.,3 The Promoters' shal], wlthit,:t·hre·e·months of r~gistra~ion: of the . . . .aS$ociatio~'ofa~ar~ent ·bw~ers;. cause-to be transferred to thl3 ass.PGi'atlon.: of··~partm·ent ow.rers allthe r!ghi. title.andthe 'interest of th~ Pro'moter~:: in -the said structure of the Buil'ding in which the said'Apartment.is sit~atec(.··.: '. ' . . .....'~i .', 1'·9.4" .The Pr~m.oters\b~li, ·wlth.in'three months of registratib~'.9fthe· _". '. . F~·d'erati:9:n/ap~x.·body 'df the·.a.s·s9Cia:tionof'.apartment owners. cause :;.: -: .. ~f6' b~' th3nsferr~d ·.:tojhe· Fe·derat·t(i~/Ap.ex bod:y .all· tti'a :·rfght;·;'fiir:e arid':" :.'... .- . th'~ interest .of··th·e'p'rontoter~ [n t'h~:said 'property on v,/hich .th~ s~rd' .: 'bUilding is constructed: . .' . ". . '. . ., . .' .. ' . ,20.!·. ' .PAYMENT ·OF TAXE'S, .CESS·ES; QUTG01NGS ·~TC.. .. ::, ·20.1; .,,'~~eAllott~e/plk~~cjser herein is'we1iawcf~e.:~ha.t. ~he::'sta~e'G~v~r~merit .::.' · ofMaharashtra h'as i~p~~ed GST·on.th·e aqreed.conslderation, ·f9r..th~: . tra~'~action for.,the··sale·:ofap.a·r.trne·nt the Promoters tc)'the Alio'.tt.~ei.. .'hy · Purcha~e'r of the Apartments under the .GST and as per the afor~said. . · act, responsibility to pay: the aforesaid tax from .time to~ti.me:'$ ndhence ·it. is agreed between the: partie's ·.hereto.tli at the AI19tteeJPurchaser :herE:~ij,; ":: .shall bear. andpaythe aforesaid..'taxamount on or.about 'execut'iriri .ot .' '. -. ..' .' .this present or as becomes ap~licable from time totime tor 'this transactions.. : .. . '.. t~: the.' p'romot~rs' he~~i:n.to' ~na~'le'Jhe' Pr~moter's: to dep~sit(p~y t.l1s· : same to the Government ofthe Maharashtra ..'. . .. " . .... .. ~O.2. The Allottee/Purchaser h~'t~r(} is well aware that the C~~ntral; ... .' :.' : Government 'of India' has imposed csr on.constructioncost and:,which··.. . :'construCtion co~t.is to be dete'r~rned as provided 'under '{he afor$saic{ ..: . ". . .' " act out of the transaction 'fo't . 'the:' sale 'of. . apartment ..by ..the . . the ' ' Pr~ro~·i~Js...: '. to the Allottee/Purchaser and-as per 'the aforesaid act..,responsib.ility' :' '.'.'to-pay the 'aforeaaid tax. from: time totime to the.' Central G6ve~i).men( .. ·has been imposedon th'e Promoters and hence ·it.'is agreedbetween . ' .the parties hereto 'that ·the·Allottee/Purchaser sh~li bear' ~fld :P:~.Ythk '.. :aforesaid :tax amou~t on'every fnstaH~'e~t of payment ot-consider.atibn ... .' . '.' • • •• '. . ". .' ':- • '0 .. . ~. . . . . . .. .' '." : .>:' .. ·.20.3., . IJ at any.tlme. 'after execution of thia.aqreernent, ··GS.T etc.. is .' in1'pos'ediin~r~~se .statue. QY'. the·.Centra(Gov.~r~~e·rit.:·· U~d.e~·.·r·espective . . nd '. '. ~" ',. ·a State Government respectivety .and further at .any tinie .befo.re,or ':'" .. ' · ~fter exe~utio~ .of this agr.eement a~y .addiik>ni;i'I·t~xes.J ~0ty.J char'~~s: '" ' . .. : . • I . premi~·ni I levies I Ge~s i ~u~ch.ar·g.~.·eic,by: whatever name cq'lled, is..·:,' ' . · I:evie.d.- or recovere'o orbe~ome$·-pa-ya'bl~unq.er·.any..statuel n.ilel r€g~·(ci.tiQn'; < '_.~... ..' ..nplificCiti6n/orcfar: e:ith~r: by:.the·.Ce.f1tr~I.6f tb·e.'State G.~v~r·rim~n·t:o/.b·/.· :: · the .loca:I"aufhority 'or' by. any ;rev~nu'e ·or·.9th~r authority ·rin the :s.aid:·... · Flat/Apartment or this ag.reememtor the .tran~~ction herein . .g.h~lI·exc.lusj~eiY·'. be borne and p~id' by the AllotteeiPurchaser. The..Allottee/Purcha:ser .' . '.' . . . '. . .. .. ' ' 'hereby always indemnifies the Promoters from allsuc!:l·levies., 'cost and . ,. . .' I. .' . .. .. .. ...... ,:: .-: .. :..::::', : . ..... : ' . . ., .. v . ·(20) I : •• ': :' •• ' ::'. . : : .: :.:consequencea. Pr~vtded.thaf the Pr~~·oter~·· :sh~dr ~T~YI~·e;totheAII9tteeF.~·:.:~';:./ .. :.>.:>.:.::;: ... ·P.urth~·serth~·det~iis ~·f the t~~es·'paid d~~·an.d~~· .·or· along with the:.· . '.. . . ·actszrules/notificatton ·togeth:e~with dateJ~~~· wh·ich such taxe~lIevi~·~ .... :..: :::.' . ...etc ..hav.e been imposedor become effective. . . .. ". ..r, .' ..:''., 20.4~ Within·30 days after notice in writinqis given bythe Promoters·· < :-.., . ... .::-,·..to 1he.~AII·ott~e/PUrGha$~~that.the .said·.F~~tlApa.r~me·rit.!sready foruse .::.,'i·.,.:·:· " . . .. .and occupancy, the ·Allottee/Pu rchasersha 1.1 ~.e·Hable to heir and ..pay '.:. ' :..:.: .. .. t·h~prcportlonate share (i..e. in proportion to th~.··Ca.~pet.are~ .ofthe Apartment)..::.:'.' : :'::. . ..... . . Of ';utg6i~g·s·.in respect ofthe-sald property .~j,d the said Building namely.: .. ". -:: :. : ·'local taxes, bette~ment charqes or such otherlevies ·.by-,theconcerned -, :,: '. local authority and/orGovernment water ··c~arges.,insurance, cornrrrorr :':' .: . :·repaiis .and.salaries of GI~rks ~iH ccille.ct;f~;·.c·ho~kidaJ~,syve~pers_:'.: . Jj·g.hts, . arid all"oth·er expenses necessarv and {ncidentaj to the management." - ' ....:" . ~~d maintenance of the 'said property 'an'd:'-tt,'e's?i~j"_'buj]dipg, Until the : ~ .. . '. ... ~~ciet·y· or Limited ·Cd.mpanY:·is··foi-~·ed·. and the '-s:ai ~tru·ctur~· ofth~ o < : ,"' . said b.~ildjn.g.is transferred to it,. t'he A·II~tteelP~rc.b~ser.:sh·all· pay ·~o . '. the Promoters such proportionate share-of ou~g().ingsas may be determined.": .. ':":' TheAltottee/Purchaser. further .agre~s that. till the Allottee/Purchaser -,: . ..• .... ··sh·t1r€is $0 .det~miineo .' . the Ailottee/Purchaser . " .shallpay . '. .... '. to the-'P·romoter~... """: : " ,', ...provisional monthly contribution towards the .outqoinqs, The amounts. : .".'. so paid' by ·th·~ Allottee/Purchaser. to tlie .p.r·~m~{ers ~h~ir· ri~(carry ~·ni ::.:."," .' 'a ....' ·.iritere.~tand remain with the··Prdmot~rs until conveyance of the .structure •• . . · otthe ·:sa·id.buiiding is executed in fa~our. of:th.e society or f3 Hmit~d·: ..'. . ; :. company as aforesaid. On such conveyance ·b.elng executed for the ,..:. ·structure of' th~ said' buildin'g' the aforesaid ··-deposits '(less deduction '.:.. '. ... . provided for· in this Aqreernent) shall be paid.over by :the. Pr.omoters : . ~·~·th·eCqS~ m'~y b·~.·..... '.. ·t~ ui·e:.s-oci·ety·or·t-h.e·Li·m:ited'.C~.mpa~y,· <... . - ..: · 2{).5 NotWithsta~d.ing~·~yth.i~~··co~t~nt~: ~~~t~~h'~re'i~ abev.e, the li~bilitY··· : ~ . to pay. the aforesaid tax~s, outgojn·g~·,·o·ther charges et.c. will b~ al~ay~ . .. . on AlIott~e/P·urchaser of the. said apartmen.t and. iffor whatsoever: r~ason ..: .:'..: .' . .·re$p~cti~~·R~c~veringAuthoritY'g~t i'ecovered.:lhesam~fro~the··Promoter~ ;..:,. . .Tn $ucl) circumstances th~· Prqm.ote~s·he·rein·:·sha·it.' b.e\~nti.tle·d·torecove(:.·~< :.... :." .. the sa~$· f~~~ the: Ailotte~/Ptir6has.~r aking.with· inter~~t~ a~d Aliot·teei ,:: ..:: :.:.;.,::.: ... : :... )~urchaser _h·~reinshall pay the .same fo th~ Pr:o·;'o.ters ~ithin .stipulat~d·:~· ..:: . . ':: . period as may in"formed by the Promoters ·to. the Allottee/Purchas·er ·in·.. .. . : .. writing:·. It 'i:s furth~r sp~·cifica:.lly ~gre:ed·:that.. a·fo;esaj·~;i._encurribra.oc:e ' ;.:: <.. ,...... ... shall be 'on scUd apartment b~;'ng fir.st.·encumbrai1ce of the Promoters. . ... .. . . .. The:AHotteejPur.clias~r hereiri wit:h·du:S· c.ondition:·· . '. . ... : djligeric~' h·a~·:accepte:d ..\ .'. . . ... .:.. the·.:aforesaid·,.· . :..... .... .!.. < ..:>....: . .. ".: ·:t1 ~.. :. DEPOSITS·.By AlLot~~/PURCH~SER'WITH' THE PROMOTE'RS:.:.' ::.;...... ·?;1.1.. ..The AIIQttee/Purchas.~r shalJ.·onor .before deliv·~ry of.possession.·' .. : .. ' ... ~ft.he·sai·d'FlattApartment;keep. ?ep?sitedvy.i·ththe Promoters, th.efollo.Wiri~r:.· :,.. " .... .. . . '. . . .'. . '..... :.... '...': ' :. : " . - .' .. '':: .', - "(21) amounts :- " (i) For share money, "application" entrance fee of the assoclation of apartment "owners or the Society or Limited Company/Federation! Apex body,"" . (ii) For tormatlon an~" registration" of the assoclation of apartment owners or"the"Society or Limited" Com pany/F ederationl Apex body. (iii) For proportionate sha"reof taxes and other chargesllevies in respect of the association of apartment owners or the Society or Limited .Company/Federation! Apex body, (iv) For deposit" towards provisional" monthly contribution towards outgoings of the association of apartment owners or Society or Limited Company!Federation/. Apex body. (v) For Deposit towards Water, EI"ectric, and other utility and services . connection charges & .. (vi) For deposits of electrical receiving and Sub Station provided in said property. 21.2. The Allottee/Purchaser shallpay to the Promoters the deposit for meeting all legal costs, charges and expenses, including professional costs of the Attorney-at-Law/Advocates of the Promoters in connection with formation of the association of apartment owners or the said Society. . or Limited Company, or Apex" Body or Federation and for preparing its rules, regulations and bye-laws and the cost of preparing and engrossing the conveyance. 21.3. At the time of registration of conveyance of the structure. of . the said building, the Allottee/Purchaser '. shall pay to. the Promoters, . the Allottee/Purchaser's share of "stamp duty and registration charges payable, by the association of apartment owners or the said Society . or Limited Company on such conveyance or any document or instrument " . "of transfer in respect of the structure" of the said Building. At the time of registration of conveyance; the Allottee/Purchaser shall pay to the Promoters, the Allottee/Purchaser's share of stamp duty and registration charges payable, by the said Apex Body or Federation on such conveyance or any document or instrument of transfer in respect of the structure of the said property to" beexecuted in favour of the Apex Body of the association of apartment "owners or Federation .: 22. REPRESENTATIONS AND WARRANTIES OF,THE PROMOTERS: . . . . . The Promoters hereby represents and warrants to the Allottee/ Purchaser as follows: a. The Promoters has clear and marketable title with respect to " " . the. said property; . as declared .. in the ",' title report annexed to this agreement and" has the requisite rights to carry out development upon the property and also has actual, physical and legal possession . of the property for the implementation of the Project; ,,_.,,!' . ~ '. ( .f ( .( . . (22) b. The Promoters has lawful rights 'and requislte approvals front . the' competent Authorities .t~ carry-out development .of the Project. and shall obtain requisite. approv~ls' from time "0 time to complete the development .of the-project: . c. There are. no encumbrances upon the said property or the Pr.oject · except those disclosed in thetitle report: d. .There are no litigations -.pendinqbefore any Court of law with · respect to the said property or Project except those disclosed. · in the title report: . . .' e.. A.II drawing, sale plans, other drawings are as given to. the Promoters . QYthe appointed Architect, structural Consultants, other consultants, the Promoters has thus disclosed the same to the A.llottee/Purchaser . · and the Allottee/Purchaser is aware that professionat liability have been undertaken by them individually with the Promoters which. shall prevail . on these consultants individually or cumulatively if there Js .any loss/harm is caused to the Allottee/Purchaser. and based on these said details of the drawings and the calculations and 'areas shown, the Allottee/Purchaser.has agreed to take the ·said Flat/Apartrnet. f. . All. approvals, . licenses. and permits Issued ~y the competent · authorities "with respect to the Project, said .property and said building are valid' and subsisting and have been obtained by following '. due process . of .law. Further, all approvals, licenses. and permits to be issued by the competent authorities with respect to the Project; .. said '. property - and said building shall be obtained. . by following due "process of lawand the Promoters-has been and shall, at all times, remain to be in compliancewith all applicable ° .· laws. in relation to. the 'Project, .' said property, .., said Building and common areas; . . g... . The Promoters has the ,right to enter into this Agreement and '.has. not committed or ornittedto perform any. act or th.ing, whereby . ' '. the right, title and interest oftheAnottee'Purchaser created 'herein, may prejudicially be affected; . h. . The Promoters has not-~ntered into aRY'agreem'ent for sale. andl or development agreement 'or any other agreement / arrangement with any person or-party with respectto the said property, includi~g the Project aOndthe .said FI~tJApart.mentwhich will, in any manner, affect the rights of Allottee/Purchaser under this Agreement; . . . . i. The. Promoters confirms that the Promoters are. not restricted inany manner whatsoever from selling .the said Flat/Apartment to' the Allottee/Purchaser in the manner contemplated in this Agreement; [, .'At. the time ofexecution of the conveyance deed of the structure to the association of Allottee/Purchaser the Promoters shall handover .., .." '. (23) lawful; vacant; peaceful, physlcalpossesslon of the common areas of the steuctureto . the Association '. . .... ,of the Allottee/Purchaser; . k. The Promoters,has 'duly paid and shall continue to pay and discharge undisputed g'overn'mental dues; rates, charges and taxes and , other monies. levies, impositions, premiums, damages and/or, , penalties and 'oih~r outgoings;' whatsoever, payable with respect to the "said project to the 'competent Authorities; , I~., • No notice from the' Government or any, other local body orauthority or any legi~lative enactment, 'government ordinance, order, notification " , (including any 'notice fC;r. acquislticn or requisition of the said' property), has beenreceived or' s~rved upon the Promoters in respect of the said propertyand/orthe Projectexcept those .disctosed in the title repo'rt., , 23. ' COVENANTS"AS,TO USE OF THE SAID FLAT/APARTMENT: The Allottee/Pur.chase~ .. himself with intention to bring all . persons . .. , into whosoever hands the said flat/Apartment may come, hereby covenants .with the Promoters as follows for th~ -said Flat!apa'rtment and also the said building in ~hjch the said :Flatla'paTtment is situated: " a, To maintain. the Apartment at' the Allottee/Purchaser's , own cost ' in good and. tenantable .repair and condition from the date that, '" of possession of the Apartment is taken and shall not db or suffer to be done ,anything in or to the bu'ilding, in which the Apartment, is situated w'hich 'may b'e ag:ainst the rules, regulations or bye- 'laws or change/alter or make addition in or to the building' in which the Apartment is .sltuateo and the Apartment itself or any, partthereofwithout the consent of the local authorities, if required, b. Not to, store Inthe Apartment any goods which are of hazardous, combustible or dangerous nature or are so heavy as to damage the construction ',ot structure of the building in 'which the Apartment , is situated or .storing of which . . goc)ds . .' . is objected by the concerned' local or other authority arid shall take care while carrying heavy packages which may dama~ie,or likely to damage the staircases, common passages or any other structure of the building in which' the Apartment is situated, includinj; entrances of the building in which the Apartment is situated and" in case, any damage is ' , caused to the 'building 'in Which the Apartment is situated or the Apartment on account of negligence or default of the Allottee/ ' Purchaser in this 'behalf, theAllottee/Purchaser shall be liable for the consequencee of the breach. , c. To carry out at ,nis, own cost all internalrepairs to the said Apartment, , and maintain, the Apartment in the same condition, state arid order in which' it was delivered' . by the Promoters . to the ..Allottee! . Purchas~r and 'shaWnot:do or suffer to be done anything in or to the bulldinq in which the Apartment is situated or the Apartment " ~.(' i. < . (24) which rnay be co ntra ry to. th e ru Iesand .reguIatio ns. and bye- laws of the concerned local authority or other public authority. '. In the event of .the . . Aliottee/Purchaser . committing .any act. in contravention of the above provision, the Allottee/Purchaser shall .be responsible and liable for the consequences thereof to the concerned local authority a~~/or other public authority. d. . Not to demolish or cause to be demolished theApartment or any part thereof, nor at any 'tlrne make or cause to be made .. any addition or alteration of whatever nature·in or to the Apartment or any part thereof, nor any alteration in·the elevation and outside colour scheme of the building in which the Apartment is situated and shallkeep the portion, sewers, drains and pipes in the Apartment and 'the appurtenances thereto in .good tenantable repair and condition, and in particular.iso as.to 'support shelter and protect the other parts of the building in which the Apartment is situated and shall not chisel o·r in any other manner cause damage to · columns, beams, walls, slabs or RCC, Pardis or other structural members in the Apartment without the prior written perrnisslon ..··of the Promoters and/or the association of'apartment owners or the Society or the Limited Company' i e. . Not to do or' permit to be.done any act or thing which. may render void or voidable any ihs~rance of the said property and the said building . . in which the Apartment is.. situated or any part thereof or whereby any increased premium shall beconie payable in respect of the insurance: ... f. Not to throw. dirt, rubbish, rags, ga.rbage or other refuse or permit the same to be thrown {rom the said Apartment in the compound or any portion of the project land and the building in which the Apartment is situated; g. Pay to the Promoters within 15 (fifteen) days of demand by the ..Promoters, th·eirshare of .security'deposit demandedbythe concerned . local authority or Government or giving water, electriclty or any other service connection to the building iii. which ·the Apartment . · is situated. h. To bear arid pay increase fn local taxes, water charges, Insurance and such other levies, if any, which are imposed by the concerned local authority and/or Government and!or other public authority, on account ?f change 'of user of ~he.Apartment by the Allottee! Purchaser for any purposes other than for purpose for which ..itissold.' L The Allottee/Purchaser shall not let, sub ..let, transfer, assign or . part with interest or benefit factor of thisAqreernent or part with · the possession of the Apartment until .all the dues payable by the Allottee/Purchaser to the Promoters under this Agreement are fully paid up. '.. ., . ..... :. . '. : '(25) , .. , ... ,: j. . The AllotteelPurc'hase'r's'hall:"observe a~d perform all the:rUI~s. and reg.Lilaiions'which. the association of apartment owners or . . . . the society ot:the' Limited Company-or Apex Body or. Federation . may adopt atits lnceptonand the additions, alterations or amendments. ·thereofthat rnay be made.from time to time for protection and' . d maintenance of the.' sai'd .bu:nding .and the 'Apartments th$rein . . and for' the' 'observance. arid..pertormance of the Eluilding RLlr~S,' .' Reg~lati6ns. a.nd'"B.y~,~I~'ws"fQrthe, time'being ofthe cbn·cern~d···· ..... focal authority and of (3ov'e'rnirien.tand other public bodies. the'. . Allottee/Purchaser .shall alsoobserve.andperform allthestipulatlons .'.: and conditions laid-down by the .associaticn of apartment owners. or the Society/Limited .-Company/Apex Body/Federation regardin9,.· . " the occupancy, and use q'f the Apartment in the Building and .shall pay 'and contribute. regularly and punctually towards. the ' . taxes" expensesor. .other' out-qoinqs in accordance With the terms of this Agr.ee'me~f " " ' ' '.. .k. Til! a conveyance ofthe structure of the building tn whlcnApartment > ' .. j_. is situated, is.executed In 'favour- of the, assoclatlon of apartment . owners:,o~ th~ S~'ciefy/LirTiited' :Society; the Allottee/Purchaser. • '. '.. • • • '.. '0' shall permit the Promoters, 'and ,thei'rsurV?ybrs and agents. WJfh,..' or without'w.6~k,m:en and others',' at a'lI'reasonable tlrnes; to eot~r · into.and uponthe said 6,uildings, or' anypart.thereofto viewand examine the state arid 'co_ndiHon,thereof .•.. . .. : I.. Till a conveyance of the said property on which the building in-: .' ....which Apartment is situated Is executed in favou r of the association .... fit. del of a parf~ e owners 0'(' }\p'e x ,8 y or Federation I the AHptl~e,1 .' Purchaser ~hall permit-the Promoters and their surveyors anc! ". aqents , withor wlthoutworkrnen ~nd others, at all,reasohabl~ times. to' ent'er into. and upon,the said property or, any part thereof .' to. view andexarnlrie thestateandcondltlon thereof. . . . m.: · That the,AI!otte'e/p'ur,chpS,er,:s~,afnndemni,fY .and keep indemnifylnq ..' the Promoterstowards ~g~in.stanY actions.. proceedings, .cost..' claims and 'dem~~'ds, i~ re~pect or any breach, non-observance or non-performance ~f such obligations given speciflcally'herein tothe AllotteeiPurchas.er.· .. .' .. .n. That 'nothing' :here.'in'contained 'shall construe as entitling the' Allottee/Purchaser any rfghfon 'a,ny of the adjoining, neighboring or the rernainlrtq buHdi.~gslc,ommbn are~s etc of the. remaining . '.portion of the proposedproject layout unless specifically agr~ed . and considerationdtspensed by the Allottee/Purchaser to.the .... Promotersin this .regards,' , 0, That the',parking spa6~s 'allotted to.' th'e respective Allottee/~urchase~, d. shalt be used' ont,Yfor the.purposes of 'parking. ... . ... :. '. : . J.. . ..... . . ..:". ', <, ,',:.:',:",: '::: " 'herein have"'decided' to ,have the narrie ~(the said buil.~jrig as' "'V','N: •. :'::,::..:::','-_-'., '. : " :RE'SI[)~·NcY,APARTME}iT;'.·a·o'd':fuit~er erect-or ~ffix·p~om9te;s. name:. : ,'.' ',:: '" " , 'board 'at .sultable plates as d'ecided by the Promoters herein on building and at the entranc~,"~(the 'project. Th~'.A)lot'~ee/Purcha'ser:herein or' .... '; '. ': : .the proposed ulti"~na'fe'orqanization of ,~w:a.ftme'rit·purchasers are not. '. .. remove or alter ,,' ,>, '.';.-:.:" entitled .to change' the aforesaid 'building,' _n'~'rn~::'an-d' . Promoters na~e"b6ard ln . ~:my,ci',rcu~~ta:'Il,c,es.:' . . . ,'" ::-- " ", ..: ',,: :: ;. .,:, :.~,":: , .. ' . " , . '. ..' " '. ..... . .. . ." . " .. ',' ',' :-. .... , . . ... ' " ' '25~: "',ENTI,R~ AGR,~E-MENT AND ~i~~T TO' AMEND':' .... : .. ' ':.'.. : ,,' , , ' .. :.' ~ , ": This Ag'reement.-~Iong with fts schedules andannexures.iconstitutes the entire Aqreernent ,b~twe'en the ,Pc;t~tieswith respect to ·the: subject,,'. '. ~ '-,: : niatter hereof and "supersedes any and Fl'II :und~rstanding·s, ..any other ....• .. ' , ..' agreements,' allotment letter, corresponden __ ~es,,',arr'a'~geinents',whethEH •.'.' " .. ' . '.'.:,'written or oral. ifany, betweenthe P'~~:ties:"in;._re"gard,:tQ,:the' said "Fla,t(:,:, e- • >,:,:.:. :.': :- .. ' ",:," 'Apartmen.t.-This,~greernent 6nlib~_-am'e'~cied"Jh,toqghw~itte'b,~otlse~t ::" m~y: . ... . ,.:'. " " ,-- ,"~(the 'p:a'~ties',' '__ ' " ' . " ,: ' .>. .' :. . .. ' ... 26. . ':'SEPARATE ACCOUNTS .. .. '.. FOR,SUMS ... '.. RE,CEIVED: . .' .. :' : " ',. ..-' ' ..',...,.......... ' . ::'. '.' .: The; Pro'niot~rs shatl maintain a" separate .acccunfln respect ..' ":':.:.'." . ',." .. ' ·.·:o.f sums received".by the Promoters trorn.tne A·I,lbtte'eIPu(c_ha~e·r towards .... .... . .: total price/corisideration of the s~:!idFlaVapa'rtmenfand' as-advance or- ': .', " \: -: .. '.: " '."d,eposit"sums, received . . on account of th'e share-capital for. i'he promotion :" .. '. . - . . .. . . '. " of the 'association of apartment 'owners orthe Co-operative, Society " ' ,or ,~ssoCia_tion,'~r: Company or a'ny such lega', entity/orH~ni'z'atid'nthar:' , , '".-" .: '. 'meW be termed, towards the 'out goings,; iegal charqes etc- and shall .,'" ' utilize the 'ammJ.nts: o-ni'y' for- Jh.e'"purpo's'e~:'"i6'r.whlch they nave been received. $0 als·o.·.·th~ ,ve:~do~i_Pf'o~6t'er',i~-also entitle 'to, receive one ':~,; ..•.... : :.. time maintainanoe ·.amount &',other deposits,_-troni t_h'e'p}Jrchaser & of.' :" . . ' .. ' . ,':' Whi,Ch, the. Vendor ,Sh~1Jmaintain the a:,~9~nt,as _m'entio,ne'd ,h~~ei,~above>__ ,: '_::: ,:,,"',',: :,,'":,: " __',,' , :' 'provide(f that the, Promoters shall be, a~lo.w,eqto '\y.ithdraw the,' . ,: ':' ' ,:_:',_ ";" , , , '~'ums''rete'ived ,f[o~ the Allo'ttee/P ur:'cha's~~:and: :utilize the s'g'rrie as' - ' ' :,,',:',:',' ' ' ":conte'm~lat~d:~:rid,p'~Jmitt~d u,~'d'erth~ 's~_id :ang rulesand"~~:g,ulatjon' '.';.:''.. ' . act m,ade lhereundeL" " ' . '. '.' . ;.' :::....,. 21. RIGHT.·O'F·.ALLOTTEE/PURCHASER 'TO'l)S,E THE COMMON' ,; .... _':_-, AREAS AND FACILITIES' ",' IYrAINTENANC~:C,HARGI;S 'SUBJECT i' ,,', , 'r'o' PAYMENT' OF, TOTAL' ,', , ," , ,,', " " ,:, . ': ", ,."'- :':'" ' , .. ~. ....' '. ....: .. ", ,- --The Ail.ottee/Purchaser hereby, ag-rees to'purcha'se, th,e'said Flat! ",': ,',,', :: ,'..:'-',',,' " :'. ' 'Ap~rtrrf~nt o'n the ~p',edfi'c,uiiders_t~~ding',t'h'at his right is t({only to the ,.'"": ..'.,."' ..._.'' .:.... use and un'less' ~p'e.cificaUYaliott~d/giveh' v;":~es(limited) c~mn,.on areas/' '. ..... '.' ....,facilities" the use 'of Common Are~sl:a~enities sh'a_il.besu,bJe~tt~ timely ~.' •.... , payinen:t of total' m~i'nteharic~ charges-,' as,determin-ed', __ and' there~fter '.'.' '. '.:..' , . '" billed by the maintenance agency a'ppoi0te~,'o;, th'e, a,s's,~,cia-ti~n',~fFlaU',',,:. ,/ ' . ',:, '.':' .' . .' ." _. .:. , . .' : ::., : .:" .. . . .' . . . . .' : .' .-- .: :.':" .' ~.:. .".,. .... . -, ...... .. ,., " " ," ,'.