| 1. |
Once allotted and agreement signed, the PRICES ARE FIRM. |
| 2. |
Cost of stamp paper, Registration charges, Legal and miscellaneous expenses in connection with the registration of undivided share in land are to be borne by the purchasers. In case any additional stamp duty is claimed by the registration department, then that also has to be borne by the purchaser. |
| 3. |
Other statutory charges, building Tax, VAT, share of KWA and expenses towards electrical power cabling, KSEB deposit against energy meter, registration charges, Municipal Tax, workmen welfare fund and owners association deposit to be paid by the buyer. Any increase or decrease is statutory levies resulting from the new government policies shall be borne by the buyers. |
| 4. |
The plans are not drawn to scale and are included only for the purpose of identification. The measurements shown in the plan are indicative and may vary. Furniture lay out is only an indication for space utilization. The elevation shown in the brochure is artistic expression only and the actual may vary according to the practical site conditions. All measurements and specifications shown in the brochure are subject to minor variations without specific or general notice. All such variations/alteration shall be purely at the discretion of the Builders. |
| 5. |
The area is inclusive of proportionate share of common areas and wall thickness. |
| 6. |
Sanctioned building plans, and other related documents pertaining to this project are available at our office for reference. |
| 7. |
Monthly maintenance expenses are to be shared among owners, as decided by the owners asso ciation. Which include expenses for the maintenances of common area, common amenities/facilities provided, machinery or equipments provided for the common use and that of common lighting. |
| 8. |
The maintenance will be carried out by the builders till the formation of Owners Association, which will take over the maintenance. Maintenance charges are payable by the Owners on a monthly basis. Membership in the association is compulsory and not optional. Maintenance Deposit/advance Rs.15000/ is collected from all the owners by the builder and after appropriating the expenses incurred by the builder during the period the maintenance was done by them. The builders shall transfer the balance amount to the association after its formation.
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| 9. |
Overseas clients should make their payments through proper banking channels. |
| 10. |
All transactions are subject to Alwaye Jurisdiction only. |
| 11. |
This is a time bound project, in case payment are not made as per agreement signed ,the builder reserves the right to cancel the allotment, in which case refund to the client will be made only after re-allotting the unit to another party and such refund shall be without interest and subject of deduction of expenses and damages. |
| 12. |
Completion and delivery dates are indicated to give an idea of probable completion of the project. Every effort will be made to complete and handover the project within the stipulated time. The firm/company is not responsible for any delay in obtaining water/electricity connection due to the delay with the concerned departments. However no responsibility will be accepted for any delay in completing the project due to unforeseen circumstances and to obtain service connections from statutory bodies due to reasons beyond the control of the builder. |
| 13. |
Documentation
a) On allotment, two agreements will be executed between the builder and the client, one for sale of undivided interest in the land and another for execution of a construction contract to build an apartment. Though separate consideration are specified in each agreement, the composite value of the undivided share in land and that of the construction contract will be shown in the payment schedule. Necessary citation to this effect is given in the agreements.
b) The sale deed for the undivided share in land will be registered in the name of the client by the builder or the land owner, as the case may be, on receipt of the entire payment as per the agreement.
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| 14. |
All payments should be by crossed demand draft/local cheques payable at Angamaly drawn in favor of M/s EMJAY builders. |
| 15. |
For delayed payments interest @18% will be charged. |
| 16. |
The builder/Marketing Agency reserves the right to accept or reject any application without assigning any reason thereto. |
| 17. |
This site is only for information and this does not constitute a legal offer/invitation to an offer. |
