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Cheque/Bank
drafts to be issued in favour of " ARDEE
INFRASTRUCTURE PVT. LTD." payable at
Delhi/New Delhi banks only.
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The
prices are firm and not subject to any escalation.
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The
prices are inclusive of External development
Charges (EDC) at the present rate. However,
in case of any increase in EDC by the Govt.
of Haryana, such increase will be paid extra
by the buyer.
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The
layout, specifications are purely Conceptual
and not a legal offering. Further the company
reserves the right to add/delete any detail/specification/elevation
mentioned if so warranted by the circumstances.
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Preferential
Location Charges (PLC) if any, and Interest
Free Maintenance security @ Rs.25 per sq.ft
(IFMS) per apartment will be charged extra
and will be paid before possession.
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Covered
Car Parking optional @ Rs.100000 per parking
and Open Car Parking @ Rs.75000 per parking.
One car parking with each apartment is essential
and will have to be paid before possession.
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100%
Power Back-up subject to conditions.
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The
company would pay penalty to its customers
@ Rs.5 per sq.ft. per month for any delay
in handing over the flat beyond the committed
period of 24 months from the date of commencement
of construction. Similarly, the flat owner
would be liable to pay holding charges @ Rs.5
per sq.ft per month if he fails to take possession
within 30 days from the date of issue of occupation
certificate.
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That
the Seller and the Purchaser hereby agree
that the amounts to the extent of 10% (ten
percent) of the total sale price of the said
premises, either with the application for
Registration or in installments, as the case
may be, will collectively constitute the earnest
money. Non-fulfillment by the Purchaser of
the terms and conditions of application for
registration, terms & conditions of sale
and those of this Agreement as also in the
event of failure to sign this Agreement by
Purchaser within the time allowed, may entail
the forfeiture of the earnest money.
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That
without prejudice to the Seller’s rights
under this Agreement and/or law the Purchaser
shall be liable to pay to the Seller interest
at the rate of 21% per annum on all amounts
due and payable by the Purchaser under this
Agreement if such an amount is outstanding
for more than 10 days. The discretion for
termination of the agreement or acceptance
of the delayed payment with interest at the
rate of 21% per annum shall exclusively vest
with the Seller. The Seller may waive the
breach by the Purchaser in not making payments
as per the payment plan but on the condition
that the Purchaser shall pay to the Seller
interest which shall be charged for the first
ninety (90) days from the due date @ 18% per
annum and for all period exceeding first ninety
(90) days after the due date @ 21% per annum.
In the event of the Seller waiving its right
to cancel the allotment and forfeit the earnest
money and accepting payment with interest
in its place, no right whatsoever would accrue
to any other defaulting Purchaser on that
account, and also such an act would not confer
any right on the purchaser in future for further
payments on that account. Each case shall
be examined individually.
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That
the purchaser shall also pay to the Seller
such charges as may be determined by the Seller
and/or the Maintenance Agency appointed by
the Seller for maintaining various services/facilities
in the said Colony including expenses incurred
for making arrangements for sanitation, street
light, area security, water supply and its
distribution systems until the same are handed
over to a Local Body for maintenance.
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The
Purchaser shall deposit with the Seller at
the time of possession, interest free maintenance
security deposit. In case of default in payment
of the aforesaid maintenance charges by the
Purchaser within 15 days of demand by the
Seller/Maintenance Agency, the Seller shall
be entitled to recover the same by way of
appropriation from the aforesaid security
deposit and balance, if any, in the Security
Deposit account shall be refunded to the Purchaser
at the time of the handing over of the services
to a Local Body/Authority as aforesaid.
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Prices
are subject to revision, withdrawal at any
time without prior notice at the sole discretion
of the company.
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The
terms & conditions of sale would be as
per your standard Flat Buyer Agreement, draft
of which I/We have seen
