ANNEXURE ‘1’ MODEL FORM OF ALLOTMENT LETTER Note: – i) For compliance of the provisions of clause (g) of sub-section (2) of section 4 of the Real Estate (Regulation and Development) Act, 2016 (the Act), 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 Samrat CHSL having MAHARERA Registration No:_ Dear 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 _________BHK flat bearing No_____ admeasuring RERA Carpet area _______ sq. mtrs 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 Final Plot No. 28 of Santacruz No. II, bearing C.T.S. No. G-92, of Village Bandra -G, admeasuring in the aggregate as 1028 square meters as per Final Plot TPS Santacruz No. II situated at Juhu Road, Santacruz (West), Mumbai -400 054 in the Registration District and Sub-District of Mumbai City and Mumbai Suburban for a total consideration of Rs. ___________________in figures (Rupees. in words only) exclusive of GST, stamp duty, registration charges, and possession charges. 2. Allotment of parking space(s): Further I/ We have the pleasure to inform you that you have been allotted one open car parking without consideration. 3. Receipt of part consideration: 3(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 we confirm to have received from you and amount of Rs. ________/- (Rs. _____________Only) being 9% of the total consideration value of the said unit as booking amount on ____________ through ________________. The balance 91% of booking amount shall be paid by you in the following manner: Sr. Percentage Amount (in Rupees) Particulars No. (%) On Booking 9% 1 On Issuance of CC 15% 2 (Commencement Certificate) On Completion of Plinth 15% 3 On Completion of 1st Slab 4% 4 On Completion of 2nd Slab 4% 5 On Completion of 3rd Slab 4% 6 On Completion of 4th Slab 4% 7 On Completion of 5th Slab 4% 8 On Completion of 6th Slab 4% 9 On Completion of 7th Slab 4% 10 On Completion of 8th Slab 4% 11 On Completion of 9th Slab 4% 12 On Completion of 10th Slab 4% 13 On Completion of 11th Slab 4% 14 On Completion of 12th Slab 4% 15 On Completion of Internal Plaster 4% 16 On Completion of External Plaster 4% 17 On procurement of Occupation 5% 18 Certificate TOTAL 100% 3(b)If you fail to make payment of the balance 91% of amount 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 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 by us on the said unit save and except the mortgage/charge created by availing construction finance from financial institution in respect of the said unit. We shall obtain necessary NOC from the financial institution before the registration of the Agreement for Sale in respect of the said unit. 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 the 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 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. If the letter requesting to cancel Amount to be Sr No. the booking is deducted within 15 days from issuance of the 1 allotment letter Nil within 16 to 30 days from issuance 1% of the cost of the 2 of the allotment said unit within 31 to 60 days from 1.5 % of the cost of the 3 issuance of the allotment said unit After 61 days from issuance of the 2% of the cost of the 4. allotment letter. said unit * The amount deducted shall not exceed the amount mentioned in the table above. ii. On cancellation of the allotment as stated above, the Promoter shall be entitled to sell and transfer the said Premises to another allottee. Upon cancellation, the Allottee/s shall have no claim of any nature whatsoever on the Promoter and/or the said Premises and the Promoter shall be entitled to deal with and/or dispose off the said Premises in the manner it deems fit and proper. 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: a. 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. b. 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. 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. Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. For PRANAV CONSTRUCTIONS PRIVATE LIMITED Mr. Pranav Kiran Ashar Managing Director Date: ___________________________ Place: ____________________________ 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: _____________________ (Purchaser/Allottee/s) Date: ____________________ Place: ____________________ Annexure – A Stage wise time schedule of completion of the project Sr. No. Stages Date of Completion 1. Excavation 2. __ Basements 3. __ Podiums 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 wells 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, 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. 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 Authorized Signatory