ANNEXURE'I' MODEL FORM OF ALLOTMENT LETTER Note- I) for compliance of the provisions of clause (g) of sub -section (2) 4 of the Real Estate (Regulation and development) Act, 2016 The proforma of the allotment letter to be uploaded along with the Application for registration of the real estate project shall be as per This model form of allotment letter. ii) It shall be mandatory to issue allotment letter in this format whenever A sum not more than 10% (ten per cent) of the cost of the apartment, plot or building as the case may be, is collected as deposit or advance. NO. Date: To. Mr/Mrs/Ms………………………………… R/o………………………………………. (Address) Telephone /Mobile number…………………………………. Pan card No: Aadhar card no. Email ID: Sub: Your request for allotment of flat/ commercial premises Plot in the project known as “Shree Nalini C.H.S. Ltd.” H Having MahaRERA Registration No___________ Sir/madam 1. Allotment of the said unit: This has reference to your request referred at the above subject. In the Regard, 1/ we have the pleasure to inform that you have been allotted A______ BHK flat/villa/bungalow/ commercial premises bearing No______ admeasuring RERA carpet area________ sq. Metre Equivalent to ____ sq. ft. situated on ______ floor in Building ____/Tower______ / Block _____/ wing ___________ in the project Known as ______ having MahaRERA Registration No.______Hereinafter referred to as “the said unit “, being developed on land Bearing C S No(s) ______/ CTS No(S) 8774/ Final plot No (S)______/ Survey no(s) 43A Hissa No(s) 1E / Gat No(s) _____/Khasra No(s) __________/ plot No(s) ______lying and being at _______Village Vadavali Taluka Ambernath Dist. Thane Admeasuring _______ sq. metres. For a total consideration of Rs. ____________ (Rupees. ___________________________ only) Exclusive of GS, stamp duty and registration charges. OR 1. Allotment of the said unit: This has reference to your request referred to at the above subject. In That regard, 1/ we have the pleasure to inform that you have been allotted a plot bearing No.__________ admeasuring ________sq. Metres. Equivalent to _______sq. ft. in the project known as “Shree Nalini C.H.S. Ltd. “Having MahaRERA Registration No_________Hereinafter referred to as “the said unit” carved out from the land bearing C. S. No(s) _______/CTS No(s) 8774/ Final plot No(s) ________/Survey No(s) 43A Hissa No(s) 1E / Gat No(s) ______/ Khasra No(s) __________/ plot No(s) __________lying and being at Ambernarth Village Ambernath Taluka Thane Dist.___________admeasuring______sq. metres. For a total consideration Rs. ________________ (Rupees.____________only) exclusive of GST, Stamp Duty and registration charges. 2. Allotment of garage/ covered parking space(s): Further I/ we have the pleasure to inform you that you have been Allotted along with the said unit garage(s) bearing No(s) _______admeasuring_______sq. metres equivalent to_______sq.Ft. / Covered car parking space(s) _________ admeasuring _______ sq.Metres. Equivalent to __________ sq. ft. / mechanical car parking unit Bearing No(s) ________admeasuring __________sq. metres. Equivalent To_________ sq. ft. on the term and condition as shall be enumerated in the agreement for sale to entered into between ourselves and yourselves. OR 2. Allotment of open car parking: Further I/ we have the pleasure to inform you that you have been allied an open car parking bearing No.____________without consideration. 3 Receipt of part consideration: I/ we confirm to have received from you an amount of Rs. _______ in __________ (Rupees ______________ only), (this amount shall Not be more than 10% of the cost of the said unit) being ______% of the total Consideration value of the said unit as booking amount /advance Payment on ________________through__________________. The balance % of the booking amount/ advance payment shall be paid by you in the following manner. Rs. ___________ (Rupees________________only) Bering __________________% of the total consideration value of the said unit as booking Amount / advance payment on__________________through ____________________ the balance _____________% of the booking amount / Advance payment shall be paid by you in the following manner. a) Rs _________________________ (Rupees_____________only) on or before b) Rs------------------------------------------ (Rupees --------------------- only) on or before c) Rs__________________________ (Rupees_____________ only) on or before d) Rs______________________ (Rupees ________________ only) on or before Note: The total amount accepted under this clause shall not be more Then 10% of the cost of the said unit. B If you fail to make the balance ---------------------------% of the booking amount/ Advance payment within the time period stipulated above further Action as stated in Clause 12 hereunder written shall be taken by us as against you 4 Disclosures of information: I/We have made available to you the following information namely: - (i) The sanctioned plans layout plans, along with specifications, Approved by the competent authority are displayed at the Project site and also been uploaded on MahaRERA website. (ii) The stage wise time schedule of completion of the project, Including the provisions for civic infrastructure like water, Sanitation and electricity are as stated in Annexure -A attached herewith and (iii) The website address of Maher ERA is https://maharera.mahaonline.gov.in/# 5 Encumbrances: I/We hereby confirm that the said unit is free from all encumbrances And I/ we hereby further confirm that no encumbrances shall be Created on the said unit. a) b) c) 6 Further payments : Further payments towards the consideration of the said unit as well as of the garage(s)/covered car parking space(s) shall be made by you, in the manner and at the times as well, as on the terms and conditions as more specifically enumerated / stated in the agreement for sale to be entered into between ourselves and yourselves. 7. Possession: The said unit along with the garage(s)/ covered car parking spaces(s) shall be handed over to you on or before --- subject to the payment of title consideration amount of the said unit as well as of the garage(s) /covered car parking spaces(s) in the manner, and at the times as well as per the terms and conditions as more specifically enumerated / stated in the agreement for sale to be entered into between ourselves and yourselves. 8. Interest Payment. In case of delay in making any payments, you shall be liable to pay interest at the rate which shall be the state Bank of India highest Marginal Cost of lending Rate plus two percent. 9. Cancellation of allotment: i. In case you desire to cancel the booking an amount mentioned in the Table hereunder written* would be deducted and the balance amount due and payable shall be refunded to you without interest within 45 days from the date of receipt of your letter requesting to cancel the said booking. Sr. No. If the letter requesting to Amount to be deducted cancel the booking is received 1. Within 15 days from Nil; issuance of the allotment letter 2. Within 16 to 30 days 1% of the cost of the said from issuance of the until; allotment letter 3. Within 31 to 60 days 1.5 % of the cost of the from issuance of the said until; allotment letter 4. After 61 days from 2% of the cost of the said issuance of the allotment until; letter *The amount deducted shall not exceed the amount as mentioned in the table above. ii. In the event the amount due and payable referred in Clause 9 i) above is not refunded within 45 days from the date of receipt of your letter requesting to cancel the said booking, you shall be entitled to receive the balance amount with interest calculated at the rate which shall be the State Bank of India highest Marginal Cost of Lending Rate Plus two Percent. 10. Other payments: You shall make the Payment of GST, stamp duty and registration charges, as applicable and such other payments as more specifically mentioned in the agreement for sale, the proforma whereof is enclosed herewith in terms of Clause 11 hereunder written. 11. Proforma of the agreement for sale and binding effect: The proforma of the agreement for sale to be entered into between ourselves and yourselves is enclosed herewith for your ready reference. Forwarding the proforma of the agreement for sale does not create a binding obligation on the part of ourselves and yourselves until compliance by yourselves of the mandate as stated in Clause 12. 12. Execution and registration of the agreement for sale: (i) You shall execute the agreement for sale and appear for registration of the same before the concerned Sub-Register within a period of 2 months from the date of issuance of the letter or within such period as may be communication to you* The said period of 2 months can be further extended on our mutual understanding. *In the event the booking amount is collected in the stages and if the allottee fails to pay the subsequent stage instalment the promoter shall serve upon the allottee a notice calling upon the allottee to pay subsequent stage instalment within 15 (fifteen) days which if not complied, the promoter shall be entitled to cancel this allotment letter. On cancellation of the allotment letter the promoter shall be entitled to cancel allotment letter the promoter shall be entitled to forfeit the amount paid by the allottee or such amount as mentioned in the Table enumerated in Clause 9 whichever is less. In no event the amount to be forfeited shall exceed the amount mentioned in the above referred Table. Except for the above all the terms and conditions as enumerated in this allotment letter shall be applicable even for case where booking amount is collected in stages. (ii) If you fail to execute the agreement for sale and appear for registration of the same before the concerned Sub-Registrar within the stipulated period 2 months from the date of issuance of this letter or within such period as may be communicated to you, l/we shall be entitled to serve upon you a notice calling upon you to execute, the agreement for sale and appear for registration of the same within 15 (Fifteen) days, which if not complied, I/we shall be entitled to cancel this allotment letter and further I /we shall be entitled to forfeit an amount not exceeding 2% of the cost of the said unit and the balance amount if any due and payable shall be refunded without interest within 45 days from the date expiry of the notice period. (iii) In the event the balance amount due and payable referred in clause 12 ii) above is not refunded within 45 days from the date of expiry of the notice period, shall be entitled to receive the balance amount with interest calculated at the rate which shall be the State Bank of India highest Marginal cost of lending rate plus two percent. 13. Validity of allotment letter: This allotment letter shall be construed to limit your rights and interest upon execution and registration of the agreement for sale between ourselves and yourselves. Cancellation of allotment of the said unit thereafter, shall be covered by the terms and conditions of the said registered document. 14. Heading: Heading are inserted for convenience only and shall not affect the construction of the various Clause of this allotment letter. Signature....... Name........... Promoter(s)/Authorized Signatory (Email ID.) Date: .............. Place: -.......... CONFIRMATION & ACKNOWLEDGEMENT I/We have read and understand of this allotment letter and the Annexure. I/We hereby agree and accept the terms and condition as stipulated in this allotment letter. Signature---- Name-___ (Allottee/s) Date: Place: Annexure -A Stage wise time schedule of completion of the project. Sr. Sr.No. Stages Date Of Completion 1. Excavation 00 0 2. Basement(if any) 0 3. Podiums (if any) 0 4. Plinth (if any) 0 5. Slabs of super structure 0 6. Internal walls, internal plaster, completion of 0 floorings, doors and windows 7. Sanitary electrical and water supply fittings within 0 the said units 8. Staircase, lifts wells and lobbies at each floor level 0 overhead and underground water tanks 9 External plumbing and external plaster, elevation, 0 completion of terraces with waterproofing. 10 Installation of lifts, water pumps, fire fighting 0 fittings and equipment, electrical fittings, mechanical equipment, finishing to entrance lobby/s, plinth protection paying of areas Appurtenant to building/ wing, compound wall and all other requirements as may be required to complete project as per specifications in agreement of sale, any other activities. 11. Internal roads & footpaths, lighting 0 12. Water supply 0 13. Sewerage ( chamber, Lines, septic tank, STP) 0 14. Storm water drains 0 15. Treatment and disposal of sewage and sullage water 0 16. Solid waste management & disposal 0 17. Water conservation/rain water harvesting 0 18. Electrical meter room, sub-station, receiving station. 0 19. Others 0 Promoter(s)/Authorized Signatory