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a) On allotment, an agreement will be executed between the builder and the purchaser for sale of undivided share of land and for the construction contract to build an apartment. Though separate considerations are specified in the agreement, the composite value of the undivided share of land and that of the construction contract will be shown in the payment schedule. Necessary citation to this effect will be given in the agreement. b)The sale deed for the undivided share in land will be registered by the builder on receipt of the entire payments under the contract. Share in land is inseparable from the building. • Registration charges, Documentation charges, Service tax, Sale tax, Building tax, Municipal tax, KSEB Deposit, Cable and transformer charges, KWA charges and any other statutory fees/ charges which are at present levied or proposed to be levied will have to be borne by the buyer. • The area is inclusive of proportionate share in common area. The area meant for the promotion of apartment hotel will not be included in the common area. Such area will be under the owner ship of the builder. • Furniture layout is only an indication of space utilization. • The price at the time of booking is firm once the apartment is allotted and the agreement is executed between the purchaser and builder. • The purchaser should strictly adhere to the payment schedule. In case of default/delay in payments as per the agreement, the builder reserves the right to cancel the allotment, in which case the remitted amount will be returned without interest, only after re-allotment. • Title deeds of the land and its legal opinion are available for reference. • All measurements and the number of floors / elevation given in the leaflet are subject to variations/alterations without specific or general notice. All such variations/alterations shall be purely at the discretion of the builder. • Maintenance charges are payable monthly by owners. This maintenance will be carried out by the builder till the formation of the Apartment Owner's Association which will then take over the maintenance. Membership in the association is compulsory and not optional.
• Routine building maintenance is carried out covering the common
areas and common fittings listed below:-
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