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……………………………………………. Mr/Mrs./Ms……………………………………………. Both Residending at ……………… …………………… (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 “STAR ALTAIR PHASE - II 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_______ BHK flat/ / commercial premises bearing No.________ admeasuring RERA Carpet area________ sq. mtrs equivalent to ______sq.ft. situated on ______floor in Building _______ in the project known as “STAR ALTAIR PHASE - II” having MahaRERA Registration No.__________ hereinafter referred to as “the said unit”, being developed on land bearing Survey No. 255(part) and 257/1/B (part) lying and being at Bhugaon Village, Taluka Mulshi, Dist. Pune admeasuring ___________ 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 we have the pleasure to inform you that you have been allotted along with the said unit, 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. on the terms and conditions as shall be enumerated in the agreement for sale to be entered into between ourselves and yourselves. OR Further 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: We confirm to have received from you an amount of Rs.____________ 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: 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: We hereby confirm that the said unit is free from all encumbrances and we hereby further confirm that no encumbrances shall be created on the said unit. OR 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 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 covered car parking spaces(s) shall be handed over to you on or before 31st December, 2026 subject to the payment of the consideration amount of the said unit as well as of 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 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 Amount to be deducted No. booking is received, 1. within 15 days from issuance of the Nil; allotment letter; 2. within 16 to 30 days from issuance of 1% of the cost of the said unit; the allotment letter; 3. within 31 to 60 days from issuance of 1.5% of the cost of the said the allotment letter; unit; 4. after 61 days from issuance of the 2% of the cost of the said unit. allotment letter. * 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. * In the event the booking amount is collected in stages and if the allottee fail to pay the subsequent stage installment, the promotor shall serve upon the allottee a notice calling upon the allottee to pay the subsequent stage installment within 15 (fifteen) days which if not complied, the promotor shall be entitled to cancel this allotment letter. On cancellation of the allotment letter the promotor 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 the allotment letter shall be applicable even for cases 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 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. Headings: Headings are inserted for convenience only and shall not affect the construction of the various Clauses of this allotment letter. For ARYAVART ASSOCIATES Signature…………………………. SOHAN MUKANARAM JHUIRA (PARTNER) AUTHORISED SIGNATORY Aryvartassociatess@gmail.com Date: ………………. Place: Pune 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: Pune Annexure – A Stage wise time schedule of completion of the project SR. STAGES DATE OF NO. COMPLETION 1. Excavation 15/05/2023 2. Basements (if any) N.A. 3. Podiums (if any) 20/08/2023 4. Plinth 15/07/2023 5. Stilt (if any) 20/08/2023 6. Slabs of super structure 20/07/2024 7. Internal walls, internal plaster, completion of floorings, 25/01/2025 doors and windows 8. Sanitary electrical and water supply fittings within the said 25/01/2025 units 9. Staircase, lifts wells and lobbies at each floor level 25/06/2025 overhead and underground water tanks 10. External plumbing and external plaster, elevation, 25/08/2025 completion of terraces with waterproofing. 11. Installation of lifts, water pumps, firefighting fittings and 25/10/2025 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 25/08/2026 13. Water supply 25/08/2026 14. Sewerage (chamber, lines, septic tank, STP) 25/05/2026 15. Storm water drains 25/05/2026 16. Treatment and disposal of sewage and sullage water 25/08/2026 17. Solid waste management & disposal 25/08/2026 18. Water conservation / rain water harvesting 25/08/2026 19. Electrical meter room, sub-station, receiving station. 25/09/2026 20. Others 30/11/2026 AUTHORISED SIGNATORY For ARYAVART ASSOCIATES Signature…………………………. SOHAN MUKANARAM JHUIRA (PARTNER) AUTHORISED SIGNATORY