WITHOUT PREJUDICE (DRAFT FOR APPROVAL : 15.03.2023) ALLOTMENT LETTER 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 Neelkanth Prakash 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, I/we have the pleasure to inform that you have been allotted a 3 BHK flat bearing no_____ admeasuring _________ sq.mtr.RERA carpet area equivalent to ____ sq.ft. alongwith right to exclusively use _____________ sq.mtr. carpet area of balcony/deck area equivalent to ____ sq.ft. situated on ____ floor in Building __________ in the project known as Neelkanth Prakash having MahaRERA Registration No.____________, hereinafter referred to as “the said unit”, being developed on land bearing C.T.S. No.195/53 Plot No.54, of Village Ghatkopar, Taluka : Kurla in the Registration District and Sub-District of Mumbai Suburban and lying, being and situate at the Garodia Nagar, Vallabhbaug Lane, Ghatkopar (East), Mumbai – 400077 admeasuring 575.00 sq.mtrs. for a total consideration of Rs.__________/- in figures ________________________(Rupees ___________in words _______________only) exclusive of GST, Stamp Duty and Registration Charges. 2. Allotment of parking space(s): Further I/ we have the pleasure to inform that you have been allotted along with the said unit , _______ slots of 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. 3. Receipt of part consideration :- I/we confirm to have received form you an amount of Rs. ________ in figures _____(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 unit as booking amount / advance payment on dd/mm/yyyy, through ______mode of payment_________. 4. Disclosures of information: WITHOUT PREJUDICE (DRAFT FOR APPROVAL : 15.03.2023) 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 provisions for civic infrastructure like water, sanitation and electricity is as stated in Annexure- A attached herewith and iii) The website address of MahaRERA 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. The lender’s NOC shall be attached alongwith the agreement. 6. Further payments: Further payments towards consideration of the said unit as well as of the 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. 7. Possession: The said unit along with the parking spaces (s) shall be handed over to you on or before 31/03/2025 subject to the payment of the consideration amount of the said unit as well as of the 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. 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 Amount to be deducted booking is received, 1. Within 15 days from issuance of the NIL; allotment letter 2. Within 16 to 30 days from issuance 1% of the cost of the of the allotment letter; said unit; 3. Within 31 to 60 days from issuance 1.5% of the cost of the of the allotment letter said unit 4. After 61 days from issuance of the 2% of the cost of the WITHOUT PREJUDICE (DRAFT FOR APPROVAL : 15.03.2023) 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. 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 126. 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. 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 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 refereed 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 WITHOUT PREJUDICE (DRAFT FOR APPROVAL : 15.03.2023) yourselves. Cancellation of allotment of the said unit thereafter, shall be 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 id) Date: ……………………….. Place: …………………….. CONFIRMATION AND 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: ……………. Annexure –A Stage wise time schedule completion of the project Sr. No Stages Date of 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, door and windows 8 Sanitary electrical and water supply fittings within the said units 9 Staircase, lift wells and lobbies at each WITHOUT PREJUDICE (DRAFT FOR APPROVAL : 15.03.2023) 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, 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 wate 17 Solid waste management & disposal 18 Water conservation/ rain water harvesting 19 Electrical meter room, sub-station, receiving station. 20 Others