This is an application for provisional booking for a residential unit/plot/commercial space mentioned overleaf in the project being developed by supertech limited or its special purpose company or its subsidiary.
• This provisional booking does not convey in favor of application (s) any right, title or interest of whatsoever nature unless and until required document such as sell deed/sub lease deed are executed.
• This provisional booking shall be confirmed only when the applicant shall pay 10% of the total cost of the residential unit/ plot /commercial space along with applicable service tax .if the application fail to pay this stipulates amout within time the application for provisional bookig shall be rejected by the company. The rejection of application form shall attract cancellation charges as per clause 7 herein below.
REGISTRATION AND OTHER CHARGE
Registration charges stamp duty and other incidental expenses there to as applicable at the time of registration,shall be extra and is to be borne by the applicant. Other statutory taxes /charges as applicable from time to time shall be extra and shall be paid by the applicant.
MODE OF PAYMENTS
All payment shall be made through demand draft/ cheques/neft/rtgs etc. in favour of limited or its special purpose company or its subsidiary as the case maybe.
TERM AND CONDITION1)NATURE OF BOOKING.
1.1) This is an application for provisional booking for a Residential Unit /Plot/Commercial Space mentioned overleaf in the project being developed by Supertech Limited or its Special Purpose Company or its subsidiary.
1.2) This provisional booking does not convey in favour of Applicant(s) any right, title or interest of whatsoever nature unless and until required documents such as Sale Deed / Sub Lease Deed are executed.
1.3 This provisional booking shall be confirmed only when the Applicant(s) shall pay 10% of the Total Cost of the Residential Unit/Plot/Commercial Space along with applicable service tax. If the Applicant(s) fails to pay this stipulated amount within time, the application for provisional booking shall be rejected by the Company. The rejection of application form shall attract cancellation charges as per Clause 7 herein below.
2. REGISTRATION & OTHER CHARGES.
2.1 Registration charges, stamp Duty and other incidental expenses there to, as applicable at the time of registration, shall be extra and is to be borne by the Applicant(s).
2.2 Other Statutory taxes/charges as applicable from time to time shall be extra and shall be paid by the Applicant(s).
3. MODE OF PAYMENTS.
3.1 All payments shall be made through DEMAND DRAFTS/CHEQUES/NEFT/RTGS etc. in favour of M/s Supertech Limited or its Special Purpose Company or its subsidiary as the case may be.
3.2 All payments should be deposited only at the office of the Company. Company shall not be responsible/accountable for any payment made to agent/ broker/any third person. The Applicant(s) must insist for duly singed receipt from the authorized personnel of the Company.
4. EXECUTION OF ALLOTMENT LETTER.
4.1. The Allotment Letter/ Builder-Buyer Agreement shall be executed by the Company after realization of 10% of the Total cost of Residential Unit/Plot/Commercial Space or as decided by the Company along with applicable service/other tax(es). However issuance of Allotment Letter shall not confer any claim/right to the Applicant(s) until all the terms and conditions of application form and allotment letter are fulfilled and complied by the Applicant(s).
4.2 After payment of the requisite amount as per clause no.4.1, the Applicant(s) shall get its Allotment Letter executed from the Company, failing which this provisional booking shall be cancelled and Clause 7 shall become applicable.
5. DELAYED PAYMENTS.
5.1 In case of delayed payment of installments/ any other dues by the Applicant(s), the Company may condone the delay on its discretion and in that case the interest at rate of 2% per month or for any part of a month shall be charged on such amount for the entire period of delay.
5.2 The delay condonation period shall be maximum for a period of 2 months.Ifthe Applicant(s) does not clear its due payment along with delay interestfor a maximum periodof2(Two)months thentheCompanyshallbefullyentitledtocanceltheBooking/Allotmentanddeductthecancellationchargesasperclauseno.7
6. HOUSING LOANS.
6.1 The Applicant(s) at his /her discretion and cost may avail housing loan from bank / financial institution. The Company shall under no circumstances be held responsible for non sanctioning of loan to the Applicant(s) for any reason whatsoever. The payments of installments/ any other dues to Company shall not be linked to the loan availed /to be availed by the Applicant(s)
7 CANCELLATION CHARGES.
7.1 In case of cancellation/rejection either of Provisional Booking or Allotment of the Residential Unit/Plot/Commercial Space because of any reason whatsoever, the cancellation charges amounting to 15% of the total cost of the Residential Unit/Plot/Commercial Space or Rs. 25,000/- whichever is higher shall be deducted from the deposited amount of the Applicant(s).
7.2 Refund shall be made to the Applicant(s) within 90 days from the date of completion of all formalities with respect to such cancellation.
8. ADDITIONS & ALTERATONS.
8.1 Cost of any additions and alterations in fittings & fixtures made over and above the specifications shown in the brochure at the request of the Applicant(s) shall be chargedextra.
9. POSSESSION.
9.1 The Company shall deliver the possession of the completed Residential Unit/Plot/Commercial Space to the Applicant(s) on payment of all dues to the Company
9.2 In case of delay in possession beyond the agreed date and its grace period, the Company shall pay delay penalty to the Applicant(s) as per the Company policy. The payment of delay penalty shall be subject to timely payment of all installments and other dues by the Applicant(s).
10. CHANGES IN THE DRAWINGS /DESIGNS.
10.1 The building plan, layout plan, area of unit, unit no. etc are tentative and can be changed. ht to change the design ,specification/s of a Residential Unit/Plot/Commercial Space/ Project i.e height, location, area, site plan etc. at its sole discretion due to any requirement of the authority /Company/ Court order.
11. OTHER TERMS &CONDITIONS.
11.1 Other terms & conditions as mentioned in Allotment Letter shall apply.
11.2 In case Residential Unit/Plot/ Commercial Space is completed before the scheduled date of completion the entire balance outstanding as on such date of completion shall become due and payable notwithstanding the installment and due dates mentioned herein.
11.3 Timely payment of the installments and other dues is the essence of this provisional booking/allotment. If the Applicant(s) fails to pay due installments and other payments as per the payment schedule, the Company shall reject/cancel the application for provisional booking/allotment of the Residential Unit/ Plot/ Commercial Space. After cancellation, the deposited amount shall be refunded after deducting the cancellation charges as per clause no.7 herein above.
11.4 Addition/Deletion/Substitution of the names of Allottee(s) in provisional booking shall be permitted only after prior consent of the Company and payment of administrative charges to the Company.
11.5 The prices/cost of Residential Unit /Plot/ Commercial Space may change due to escalation in construction costs.
11.6 The Company shall not be responsible for any assurance, promise etc made by any dealer, channel partner, estate agent or any unauthorized person etc on behalf of the Company.
11.7 In case of bookings made through dealer, channel partner, estate agent, the Company shall not be liable for any discrepancies/variations with regard to unit number, price, PLC, other charges, specifications etc between the Applicant(s) and the Company. The Applicant(s) is supposed to verify and check the offers/discounts and property details represented by the dealer, channel partner, estate agent, with the Company on his/her own.
11.8 In case of cancellation of provisional booking made through any dealer/estate agent, other than our authorized dealer/channel partners, the Applicant(s) shall also be liable to pay dealers
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