REGISTRATION COST
The buyers shall bear all the costs relating to cost stamps, registration fees, VAT, TAX, and related legal fees, etc. The company will make necessary arrangements for all such formalities regarding registration.
INCIDENTAL COST
Utility connection fees, flat owner’s co-operative society fee, and other incidental charges and costs relating to gas, water, electricity, sewerage, etc., are not included in the price of the apartment. The company will make those payments directly to the concerned authority's account. The allotter shall have to pay all those charges before taking possession of the apartment.
HANDOVER OVER POSSESSION
The possession of the apartment and parking space will be handed over on receipt of full payment and completion of all works as per the schedule of the company.
PAYMENT
All payments are to be made by crossed cheque/ Bank draft / Pay order etc. The buyer must strictly adhere to the schedule of payment to ensure the construction work. Any delay in payment will make the buyer liable to pay a 2% delay charge for each month on the timely completion of the payment amount. If the payment is delayed 45 days, the company shall have the right to cancel the allotment. In such an event, the amount paid by the buyer will be refunded after deducting 20% of the amount as service charges from the booking money Rest of the amount will be refunded to the buyer in equal installments as per company policy.
ALLOTMENT
Allotments shall be made first come first serve basis on receipt of the booking money as per registration documents.
ALLOTMENT PREFERENCES
Buyers willing to make one-time payments will be given preferences and a significant discount against the total payment allowed to them except the booking money and cost of parking space which are fixed.
CANCELATION OF BOOKING
In case of any cancelation of a booking or allotment of possession by a client, the amount of deposited amount will be refunded after deduction of incidental charges of 10% of the total amount of the possession as the company’s service charge.