ANNEXURE '1' DRAFT OF THE ALLOTMENT LETTER PROMOTER RESERVES ITS RIGHT TO CHANGE TERMS AND CONDITION AS PER CIRCUMSTANCE OF CASE 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 Verma Heritage, having MahaRFRA Registration No _______________. Sir/ Madam, 1. Allotment of the said unit: This has reference to vour request referred at the above subject. In that regard, I/ 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. mtrs equivalent to ______ sq.ft. situated on _______floor in Building ______ Tower __________ / Block _________ / Wing__________ in the prolect known as _________, having MahaRFRA Registration No.___________, hereinafter referred to as “the said unit” , being developed on land bearing C.S. no(s) _______ / CTS No(S) __________/ Final Plot No(S) ____________ / Survay No(S) _______, Hissa No(S) __________/ Gat No(S)____ / Kharsa No(S) ___________ / Plot No(S)______________ lying and bring at _____________Village __________Taluka ____________, Dist. _____________ admeasuring _________ sq. mtrs. 1 for a total consideration of Rs._______________________________ (Rupees. ________________________only) exclusive of GSI, stamp duty and registration charges. OR I. Allotment of the said unit: This has reference to your request referred to at the above subject. In that regard, I/ we have the pleasure to inform that you have been allotted a plot bearing No. _________admeasuring ________________q. mtrs. equivalent to _____ sq. ft. in the project known as ___________ having MahaRFRA Registration No _____________ hereinafter referred to as "the said unit" carved out from the land bearing C. S. No(s) ________ / CIS No(s) _______ /Fina1 Plot NO(s) ____ / Survey No(s)_______, Hissa No(S) __________ / Gat No(S) _______ / Khasra No(S) _________ / Plot No(S) ______ lying and being at ______ Village _________ Taluka _____________, Dist. __________ admeasuring ________sq. mtrs. for a total consideration of Rs. _____________________ (Rupees.________________ only) exclusive of GST, stamp duty and registration charges. 2. Allotment of garage I covered parking spacefs); Further I/ we have the pleasure to inform you that vou 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 your selves. OR 2 2. Allotment of open car parking: Further I/ We have the pleasure to inform you that you have been allotted 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. ________________________ (Rupees. ___________________________words only), (this amount shall not be more limn 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________________ OR 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 us and accordingly I/ We confirm to have received from you and amount of Rs. __________ (Rupees______________ only) being __________________of the total consideration value of the said unit as booking amount / advance payment on_____________ through ____________ payment. 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 3 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 has also been uploaded on MahaRERA website. ii) The stage wise time schedule of completion of the project. including the provision for civic infrastructure like water, sanitation and electricitv is as stated in Annexure - A attached herewith and iii) The website address of MahaRERA is httpswmaharera.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. OR 5. Encumbrances: I/ We have created the following encumbrance(s) / encumbrance(s) attached with caveats as enumerated hereunder on the said unit. a) b) c) 6. Further payments: Further payments towards the consideration of the said unit as well as of the as of 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 the 4 consideration amount of the said unit as well as of the garage(s) /covered car parking space(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 pav 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 'l able hereunder written * would be deducted and the balance amount due and pavabie shall be refunded to you without interest within 45 davs from the date of receipt of vour letter requesting to cancel the said booking. Sr. If the letter requesting to cancel the Amount to be No. Amount to be booking is received, deducted 1. within 15 days from issuance of the Nil; allotment letter; 2. within 16 to 30 days from issuance of the 1 % of the cost of the allotment letter; said unit 3. within 31 to 61 days from issuance of the 1.5 % of the cost of the allotment letter; said unit 4. after 61 days from issuance of of the cost 2 % of the cost of the of the allotment letter. 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. 5 10. Other payments: You shall make the pavment of CST, stamp dutv and registration charges, as applicable and such other pavments as more specificailv mentioned in the agreement for sale, the proforma whereof is enclosed herewith in terms of Clause.11 hereunder written. 11. Proforma of the ageement 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-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 falls 10 pay the subsequent stage installment, the promoter shall serve upon the allottee a notice upon the allottee to pay the subsequent stage installment within 15 (fifteen) days if not complied. the promoter shill! 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 raises 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, I/ 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 6 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 pavable referred in Clause 12 ii) above is not refunded within 45 davs from the date of expirv of the notice period, vou 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 covered by the terms and conditions of the said registered document. 14. Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. Signature ……………….. Name ………………….. (Promoter(S) / Authorized Signatory) (Email I’d. Date: Place: 7 CONFIRMATION & ACKNOWLEDGEMENT I/We have read and understood the contents of this allotment letter and the Annexure. I/ We hereby agree and accept the terms and conditions as stipulated in this allotment letter. Signature___________________ Name ___________________ (Allottee/s) Date: …………… Place: …………... 8 Annexure – A Stage wise time schedule of completion of the project Sr. Stages Date of No. Completion 1. Excavation 2. Basements (if any) 3. Podiums (if any) 4. Plinth 5. Stilt (if any) 6. Slabs of super structure 7. Internal walls, internal plaster, completion of floorings, doors and windows 8. Sanitary electrical and water supply fittings within the said units 9. Staircase, lifts well and lobbies at each floor level overhead and underground water tanks 10. External plumbing and external plaster, elevation, completion of terraces with waterproofing. 11. Installation of lifts, water pumps, firefighting fittings and 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. 12. Internal roads & footpaths, lighting 13. Water supply 14. Sewerage (chamber, lines, septic, tank, STP) 15. Strom water drains 16. Treatment and disposal old sewage and sullage water 17. Solid waste management & disposal 18. Water conservation/ rain water harvesting 19. Electrical meter room, sub-station, receiving 20. Others Promoter(S) /Authorized Signatory 9