ALLOTMENT LETTER Date: ____________ To, Mr. __________________________________________ Add: ____________________________________ _________________________________________. Mobile Number: _________________. Aadhar Card No: ___________________ Pan Card No: ______________________ Email ID: ______________________________ Sub: Your request for allotment of Flat No. ______ in the project known as Walchand Avenue, having MahaRERA Registration No.___________________. Sir/Madam, 1. Allotment of the said unit: This has reference to your request referred at the above subject. In that regard, we have the pleasure to inform that you have been allotted a _______ flat premises bearing No. _______admeasuring RERA Carpet area ______ sq. mtrs equivalent to ___ sq.ft. situated on _______ floor in the project known as Walchand Avenue having MahaRERA Registration No. ____________, hereinafter referred to as "the said unit", being developed on land bearing old Survey No. _____ i.e. new Survey No. _____, Hissa No. ________, lying and being at Village Navghar, Taluka & Dist Thane admeasuring _____ sq. mtrs. for a total consideration of Rs.___________ /- (Rupees Only) exclusive of GST, stamp duty and registration charges. 2. Allotment of parking space (s): Further we have the pleasure to inform you that you have been allotted along with the said unit, garage(s) bearing No(s).________ admeasuring ______ sq. mtrs equivalent to ______ sq.ft./covered car parking space(s) at ______ level basement/podium bearing No(s). ______ admeasuring ______ sq. mtrs equivalent to ______ sq. ft./stilt parking bearing No(s) ________ admeasuring ______ sq. mtrs. equivalent to ________ sq. ft. / mechanical car parking unit bearing No(s). _______ admeasuring ________ sq. mtrs. equivalent to ______ sq. ft. on the terms and conditions as shall be enumerated in the agreement for sale to be entered into between ourselves and yourselves. 3. Receipt of part consideration: A. You have requested us to consider payment of the booking amount / advance payment in stages which request has been accepted by us and accordingly. I/We confirm to have received from you an amount of Rs.______ (Rupees______________________ only) 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:- a) Amount of Rs./- (not exceeding 10% of the total consideration) to be paid to the Promoter on or before the execution of Agreement. b) Amount of Rs./- (not exceeding 30% of the total consideration) to be paid to the Promoter on completion of the Piling of the building or wing in which the said Apartment is located. c) Amount of Rs./- (not exceeding 45% of the total consideration) to be paid to the Promoter on completion of the Plinth of the building or wing in which the said Apartment is located. d) Amount of Rs./- (not exceeding 50% of the total consideration) to be paid to the Promoter on completion of the 5th slab including podiums and stilts of the building or wing in which the said Apartment is located. e) Amount of Rs./- (not exceeding 55% of the total consideration) to be paid to the Promoter on completion of the 10th slab including podiums and stilts of the building or wing in which the said Apartment is located. f) Amount of Rs./- (not exceeding 60% of the total consideration) to be paid to the Promoter on completion of the 15th slab including podiums and stilts of the building or wing in which the said Apartment is located. g) Amount of Rs./- (not exceeding 65% of the total consideration) to be paid to the Promoter on completion of the 20th slab including podiums and stilts of the building or wing in which the said Apartment is located. h) Amount of Rs./- (not exceeding 70% of the total consideration) to be paid to the Promoter on completion of the 28th slab including podiums and stilts of the building or wing in which the said Apartment is located. i) Amount of Rs./- (not exceeding 75% of the total consideration) to be paid to the Promoter on completion of the walls, internal plaster, floorings doors and windows of the said Apartment. j) Amount of Rs./- (not exceeding 80% of the total consideration) to be paid to the Promoter on completion of the Sanitary fittings, staircases, lift wells, lobbies upto the floor level of the said Apartment. k) Amount of Rs./- (not exceeding 85% of the total consideration) to be paid to the Promoter on completion of the external plumbing and external plaster, elevation, terraces with waterproofing, of the building or wing in which the said Apartment is located. l) Amount of Rs./- (not exceeding 95% of the total consideration) to be paid to the Promoter on completion of the lifts, water pumps, electrical fittings, electro, mechanical and environment requirements, entrance lobby/s, plinth protection, paving of areas appertain and all other requirements as may be prescribed in the Agreement of sale of the building or wing in which the said Apartment is located. m) Balance Amount of Rs./- against and at the time of handing over of the possession of the Apartment to the Allottee on or after receipt of occupancy certificate or completion certificate. Note” The total amount accepted under this clause shall not be more than 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: 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 has also been uploaded on MahaRERA website ii) The stage wise time schedule of payment of the apartment, including detailed particulars and stage of construction is as stated in Annexure A attached herewith. iii) The website address of MahaRERA is https://maharera.mahaonline.gov.in/# 5. Encumbrances: We further hereby confirm that the said unit is free from all encumbrances and we hereby confirm that no encumbrances shall be created on the said unit. 6. Further payments: Further payments towards the consideration of the said unit as well as of the covered outside parking shall be made by you, in the manner and at the times as well as on the terms and conditions as more specifically enumerated/ for sale stated in the agreement to be entered into between ourselves and yourselves. 7. Possession: The said before unit along with covered outside parking space, shall be handed over to you on or before December 2028 subject to the payment of the consideration, the said unit in the manner and at the times the terms and conditions as more specifically enumerated/ the agreement stated in 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 cancel the booking is received Amount to be deducted 1. within 15 days from issuance of the allotment letter; Nil; 2. within 16 to 30 days from issuance of the allotment letter 1% of the cost of the said unit. 3. within 31 to 60 days from issuance of the allotment letter 1.5% of the cost of the said unit. 4. after 61 days from issuance of the allotment letter 2% of the cost of the said unit *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 aqreement for sale and bindinq 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 reqistration of the aqreement for sale: i) You shall execute the agreement for sale and appear for registration of the same before the concerned Sub-Registrar within a period of 2 months from the date of issuance of this letter or within such period as may be communicated 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 stages and if the allottee fails to pay the subsequent stage instalment, the promoter shall be entitled to cancel this allotment letter. On cancellation of the 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 caseswhere 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, 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, we shall be entitled to cancel this allotment letter and further 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 of 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, 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. 13. Validity of allotment letter: This allotment letter shall not 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. Headinqs: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. FOR PRAMANIK HOUSING PRIVATE LIMITED NILESH PRAKASH JAIN DIRECTOR, DIN: 08576940 Date : Place : CONFIRMATION & ACKNOWLEDGEMENT We have read and understood the contents of this allotment letter and the Annexure. We hereby agree the terms and conditions as stipulated in this allotment letter. Signature: _________________ Name : ____________________________________ (Allottee/s) Date : Place : Annexure – A Stage wise time schedule of completion of the project Sr. Stages Date of No. Completion 1 Excavation August, 2024 2 Basements (if any) None 3 Podiums (if any) Jan 2025 4 Plinth March 2025 5 Stilt (if any) April 2025 6 Slab of super structure April, 2026 7 Internal walls, internal plaster, completion of floorings and windows July, 2026 8 Sanitary electrical and water supply fittings within the said units Oct, 2026 9 Staircases, lift wells and lobbies at each floor level overhead and underground water tanks. Dec, 2026 10 external plumbing and external plaster, completion of elevation, terraces with waterproofing March, 2027 11 Installation of lifts, water pumps, firefighting fittings and equipment, electrical fittings, mechanical equipment, finishing to entrance lobby/s, plinth protection, paving 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 May, 2027 12 Internal roads & footpaths, lighting June, 2027 13 Water supply August, 2027 14 Sewerage (chamber, lines, septic tank, STP) August, 2027 15 Strom water drains August, 2027 16 Treatment and disposal of sewage and sullage water August, 2027 17 Solid waste management and disposal August, 2027 18 Water conservation / rainwater harvesting August, 2027 19 Electrical meter room, sub-station, receiving station Oct, 2027 20 Others Dec, 2028