Note : It shall be mandatory to issue allotment letter in this format wherever a sum not more than 10% (ten percent) of the cost of the apartment, plot or building as the case maybe, is collected as deposit or advance. ALLOTMENT LETTER Date: ___________, 2023 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/unit in the project known as _____________, having Maha RERA Registration No. ______________. Dear Sir/Madam, RE: Final Allotment of a Unit bearing No. ________ admeasuring _____sq. ft. RERA carpet area on the _______ Floor(“said Unit ”) in the proposed Building known as “________________” (“said Building”) of _________________(“said Society”) to be constructed on the said Properties viz; (i) All that piece and parcel of slum plot of land bearing Plot Nos. 138 & 139 of Town Planning Scheme – Santacruz No. V (1st Variation) (Final) admeasuring 1760.03 sq. mtrs or thereabouts (as per T.P Remarks) and 1799.3 sq. mtrs (as per Property Register Card) having corresponding CTS No. 2046 & 2048 in Village Vile Parle (East), Taluka Andheri and City Survey No.5 of Village Bandra I Ward in the Registration District of Mumbai Suburban together with the Structures standing thereon situate, lying and being at Prabhat Colony, 4th Road, Santacruz (East), Mumbai -400 055 (“said First Property”) and (ii) All that piece and parcel of 1 non- slum Plot of Land F.P No. 137 Santacruz TPS -V (1st Variation) (Final) admeasuring about 780.10 sq. mtrs (as per Property Card) bearing Survey No. 330/134 and CTS No. 2049 of Village Vile Parle, Taluka Andheri in the Registration District of Mumbai Suburban together with the building standing thereon known as “Sai Baba” comprising of ground plus two upper floors situate, lying and being at Prabhat Colony Road No. 4, Santacruz (East), Mumbai - 400 055 (“said Second Property”). The said First Property and said Second Property shall unless referred independently be hereinafter collectively referred to as “said Properties”. ================================================================== === 1. This is with the reference to the Agreement for Sale dated _______, (“said Agreement”) executed between the Developer _______ (said Developer) and _______ (said Purchasers/ Allottees) and registered with the Office of the Sub Registrar of Assurances at_______ under Serial No. _______for Purchase of Unit No._______, admeasuring ______ sq. ft. carpet area on the _______floor (“said Unit”) of the building known as “_______________” (“said Building”), situate lying and being at___________, for the consideration and on the terms and conditions set–out therein. 2. 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 _________ Unit No. _______ bearing No. ________admeasuring ________sq. mtrs. equivalent to_______ sq. ft in the project known as _________, having Maha RERA Registration No.________, hereinafter referred to as “the said Unit” carved out from the land bearing C. S. No (s) _________/CTS No(s)_________Final Plot No(s)/Survey No(s) _______, Hissa No(s)/Gat No(s) ________/Khasra No(s) _________/Plot No(s) ________ lying and being at _______Village Taluka _______, District _______admeasuring ______sq. mtrs. for a total consideration of Rs. ____________in figures __________(Rupees ________in words __________ only) exclusive of GST, Stamp Duty and Registration Charges. 3. Allotment of parking space(s): Further, I/We have the pleasure to inform that you have been allotted along with the said Unit ____ car parking (s) at ____________level basement/podium bearing No._________ admeasuring ____________ sq. mtrs equivalent to _____/stilt parking bearing No. ___________admeasuring ________ sq. mtrs equivalent to ___________ sq.ft/mechanical car parking on the terms and conditions as shall be enumerated in the Agreement for Sale to be entered into between ourselves and yourselves. 4. Receipt of part consideration: I/we confirm to have received form you an amount of Rs. ______ in _______ (Rupees _______in words ______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 2 Unit as booking amount/advance payment on dd/mm/yyyy, through_________ mode of payment. 5. 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 Maha RERA website. ii) The stage wise time schedule of completion of the project, including the provisions for civic infrastructure like water, sanitation and electricity is as stated in “Annexure-A” attached herewith the Letter. iii) The website address of Maha RERA is https://maharera.mahaonline.gov.in/# 6. 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. 7. Further payments: Further payments towards consideration of the said Unit as well as of the covered car parking space(s) shall be made by you, in manner and at 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. 8. Possession: The said Unit along with the covered car parking spaces(s) shall be handed over to you on or before__________ subject to the payment of the consideration amount of the said Unit as well as of the covered car parking space(s) in the manner and at times as well as per the terms and conditions as more specifically enumerated/ stated in the agreement for sale to be entered between ourselves and yourselves. 9. 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. 3 10. Cancellation of Allotment: i. In case you desire to cancel the booking an amount mentioned in the table here underwritten* 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. If the letter requesting to cancel the booking Amount to be deducted No is received, 1. Within 15 days from issuance of the allotment NIL; letter 2. Within 16 to 30 days from issuance of the 1% of the cost of the said allotment letter; unit; 3. Within 31 to 60 days from issuance of the 1.5% of the cost of the said allotment letter unit 4. After 61 days from issuance of the allotment 2% of the cost of the said letter 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 ____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. 11. 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 12 hereunder written. 12. 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 13. 13. 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 of 2 months can be further extended on our mutual understanding. 4 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 of 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 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 _____ 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. 14. 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. 15. Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this Allotment Letter. Signature _________ Name ____________ (Promoter) Date: __________ Place :_ 5 CONFIRMATION AND ACKNOWLEDGEMENT I /We have read and understood the contents of this allotment letter and the Annexures. I/We hereby agree and accept the terms and conditions as stipulated in this Allotment Letter. Signature ____________ Name______________ (Allottee/s) Date:______________ Place:____________ 6 Annexure–A Stage wise time schedule completion of the project Sr. Stages Date of Completion No 1. Excavation 2. Basements (if any) 3. Podiums (if any) 4. Plinth 5. Stilt (if any) 6. Slabs of Superstructure 7. Internal walls, internal plaster, completion of floorings, Door and windows 8. Sanitary electrical and water supply fittings within the said units 9. Staircase, lift wells and lobbies at each floor level overhead and underground water tanks External plumbing and external plaster elevation, Completion of 10. terraces with waterproofing. Installation of lifts, water pumps, fire fighting fittings and equipment, 11. 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 for sale, any other activities. 12. Internal roads & footpaths, lighting 13. Water supply 14. Sewerage(chamber, lines, septic tank, STP) 15. Storm water Drains 16. Treatment and disposal of sewage and sullage water 17. Solid waste management & disposal 18. Water conservation/rain water harvesting 19. Electrical meter room, sub-station, receiving station. 20. Others ______________________ Promoter (s) / Authorized Signatory 7