The regulatory authority shall prepare its annual report as provided in section 78 as per Form P .
R. KARIKAL VALAVEN
PRINCIPAL SECRETARY TO GOVERNMENT
SECTION OFFICER
FORM- A
[See rule 3-A (1), 3(2)]
APPLICATION FOR REGISTRATION OF PROJECT
To
The real Estate Regulatory Authority
Sir,
I/We hereby apply for the grant of registration of my/our project to be set up at ____________________ Taluk ____________________District ________________State ___________________.
1. The requisite particulars are as under:
(i) Statues of the applicant, whether individual/ company/proprietorship firm/ societies/ partnership form/ competent authority:
(ii) In case of individual
(a) Name
(b) Father's Name
(c) Occupation
(d) Permanent address
(e) Photograph
OR
In case of firm/societies/trust/companies/limited liability partnership/Competent authority
(a) Name
(b) Address
(c) Copy of registration certificate
(d) Main objects
(e) Name, photograph and address of chairmen of the governing body/partners/directors etc.
(iii) PAN No. ________________________:
(iv) Name and address of the bank or banker with which account in terms of section 4(2)(I)(D) of the Act will be maintained ________________________ :
(v) Details of project land held by the applicant _________________________ :
(vi) Brief details of the projects lunched by the promoter in the last five years, whether already completed or being developed, as the case may be, including the current statues of the said projects, any delay in its completion, details of cases pending, details of types of land and payments pending etc.
(vii) Agency to take up external development works _____________________________ Local Authority/Self Development;
(viii) Registration fee by way of a demand draft dated ________________ drawn on _______________ bearing no. for an amount of Rs ______________________/- calculated as per sub rule (3) of rule 3;
(ix) Any other information the applicant may like to furnish.
2. I/we enclose the following documents in triplicate, namely;
(i) authenticated copy of the PAN card of the promoter;
(ii) audited balance sheet of the promoter for the preceding financial year and income tax returns of the promoter for three preceding financial years;
(iii) copy of the legal title deed reflecting the title of the promoter to the land on which development is proposed to be developed along which legally valid documents with authentication of such title, if such land is owned by another person;
(iv) the details of encumbrances on the land on which development is proposed including any rights, title, interest or name of any party in or over such land along with details;
(v) where the promoter is not the owner of the land on which developments is proposed details of the consent of the owner of the land along with a copy of the collaboration agreement, development agreement, joint development agreement or any other agreement, as the case may be, entered into between the promoter and such owner and copies of title and other documents reflecting the title of such owner on the land proposed to be developed;
(vi) an authenticated copy of the approvals and commencement certificate from the competent authority obtained in accordance with the laws as may be applicable for the real estate project motioned in the application, and where the project is proposed to be developed in phase, an authenticated copy of the approvals and commencement certificate from the competent authority for each of such phases;
(vii) the sanctioned plan, layout plan and specification of the proposed project or the phase thereof, and the whole project as sanctioned by the competent authority;
(viii) the plan of development works to be executed in the proposed project and the proposed facilities to be provided thereof including fire - fighting facilities drinking water facilities, emergency evacuation services, use of renewable energy;
(ix) the location details of the project, with clear demarcation of land dedicated for the project along with its boundaries including the latitude and longitude of the end points of the project;
(x) proforma of the allotment letter, agreement for sale, and the conveyance deed proposed to be singed with the allottees;
(xi) the number, type and the carpet area of apartments for sale in the project along with the area of the excusive balcony or veranda areas and the exclusive open terrace areas apartment with the apartment, if any;
(xii) the number and area of garage for sale in the project;
(xiii) the number of open parking areas available in the real estate project;
(xiv) the names and addresses of his real estate agents, if any, for the proposed project;
(xv) the names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project;
(xvi) a declaration in FORM'B .
3. I/We solemnly affirm and declare that the particulars given in herein are correct to my/our knowledge and belief.
Dated:
Place:
Yours faithfully,
Signature and seal of the
applicants(s)
FORM - B
[See rule 3B-(2) (n)]
DECLARATION, SUPPORTED BY AN AFFIDAVIT, WHICH SHALL BE SIGNED BY THE PROMOTER ANY PERSON AUTHORIZES BY THE PROMOTER
Affidavit cum Deceleration
Affidavit cum declaration of Mr./Ms.___________________ Promoter of the proposed project/ duly authorized by the promoter of the proposed project, vide its/ his/their authorized dated ____________;
I,______________________ promoter of the proposed project/ duly authorized by the promoter of the proposed project do hereby solemnly declare, undertake and state as under:
1. That I/promoter have/ has a legal title to the land on which the development of the project is proposed
OR
Have/has a legal title to the land on which the development of the proposed project is to be carried out
AND
a legally valid authentication of title of such land along with an authorised copy of the agreement between such owner and promoter for development of the real estate project is enclosed herewith.
2. That the said land is free from all encumbrances.
OR
That details of encumbrances including details of any rights, title, interest or name of any party or over such land, along with details.
3. That the time period within which the project shall be completed by me/promoter is ______________.
4. That seventy per cent of the amount realised by me/promoter for the real estate project from the allottees, from time to time, shall be deposited in a separate account to be maintained in a scheduled bank to over the cost of construction and the land cost and shall be used only for the purpose.
5. That the amounts from the separate account, to cover the cost of the project, shall be withdrawn in proportion to the percentage of completion of the project.
6. That the amounts from the separate account shall be withdrawn after it is certified by an engineer, an architect and a chartered accountant in practice that the withdrawal is in proportion to the percentage of completion of the project.
7. That I/promoter shall get the accounts audited within six months after the end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant and it shall be verified during the audit that the amounts collected for a particular project have been utilised for the project and the withdrawal has been in compliance with the proportion to the percentage of completion of the project.
8. That I/promoter shall take all the pending approvals on time, from the competent authorities.
9. That I/promoter have/has furnished such other documents as have been prescribed by the rules and regulations made under the act.
10. That I/ promoter shall not discriminate against any allottee at the time of allotment of any apartment, plot or building, as the case may be, on any grounds.
Deponent
Verification
The contents of my above Affidavit cum declaration are true and correct and nothing material has been concealed by me there form.
Verified by me at _______________on this _________________days of ______________________.
Deponent
FORM - C
(SEE Rule - 6A (3))
REGISTRATION CERTIFICATE OF PROJECTY
This registration is granted under section 5 of the Act to the following project under project registration number ..
(Specify Details of Project including the project address):
1. (In the case of an individual) Mr. Ms ..son of Mr. Ms ..Taluk .District ..State ..
OR
(in the case of a firm/society/company/competent authority) society/ company competent
authority having its registered office/principal place of business at ..
2. This registration is granted subject to the following condition namely:
(i) The promoter shall enter into an agreement for sale with the allottees as provided in Annexure A
(ii) The promoter shall execute and register a conveyance deed in favour of the allottee or the association of the allottees, as the case may be of the apartment or the common areas as per section 17;
(iii) The promoter shall deposit seventy percent of the amounts realized by the promoter in a separate account to be maintained in a schedule bank to cover the cost of construction and the land cost to be used only for that purpose as per sub-clause (D) of clause (I) of sub-section (2) of section 4;
(iv) The registration shall execute valid for a period of years commencing from .. and ending with .. unless renewed by the Real Estate Regulatory Authority in accordance with section 6 read with rule 7 of the Act.
(v) The promoter shall comply with the provisions of the Act and the rules and regulations made there under.
(vi) The promoter shall not contravene the provisions of any other law for the time being in force in the area where the project is being developed.
3. If the above mentioned conditions are not fulfilled by the promoter, the regulatory authority may take necessary action against the promoter including revoking the registration granted herein, as per the Act and the rules and regulations made there under.
Dated:
Place:
Signature and seal of the Authorized Officer
Real Estate Regulatory Authority.
FORM D
(See rule 6-B (6), rule 7 (4): rule:8)
INTIMATION OF
REJECTION OF APPLICATION FOR REGISTRATION OF PROJECT/REJECTION OF APPLICATIONS FOR EXTENSION OF REGISTRATION OF PROJECTG/REVOCATION OF REGISTRATION OF PROJECT
From:
The Real Estate Regulatory Authority,
To
Application/Registration No: ..
Dated: ..
You are hereby informed that your application for registration of your project is rejected
OR
You are hereby informed that your application for extension of the registration of your project is rejected.
OR
You are hereby informed that the registration granted to your project is hereby revoked
for the reasons set out: ..
Place:
Dated:
Signature and seal of the Authorized
Officer Real Estate Regulatory Authority.
FORM E
(See rule 7 (1))
APPLICATION FOR EXTENSION OF REGISTRATION OF PROJECT
From
To
The Real Estate Regulatory Authority.
Sir,
I/We hereby apply for renewal of registration of the following Projects:
Registered with the regulatory authority vide project registration certificate bearing No . which expires on ..
As required I/We submit the following documents and information, namely:
(i) A demand Draft No dated .for rupees . In favour of .drawn on bank as extension fee as provided under sub-rule (2) of rule 7:
(ii) Authenticated Plan of the project showing the stage of development works undertaken till date:
(iii) Explanatory note regarding the state of development works in the project and reason for not completing the development works in the project within the period declared in the declaration submitted in Form B at the time of making application for the registration of the project ..
(iv) Authenticated copy of the permission approval from the competent authority which is valid for a period which is longer than the proposed term of extension of the registration sought from the regulatory authority:
(v) The original project registration certificate; and
(vi) Any other information as may be specified by regulations.
Place:
Date:
Yours faithfully,
Signature and seal of the applicant(s)
FORM F
(See rule 7(4))
CERTIFICATE FOR EXTENSION OF REGISTRATION OF PROJECT
This extension of registration is granted under section 6 of the Act, to the following Project: registered with the regulatory authority vide project registration certificate bearing No ..of
1. (in the case of an individual) Mr./Ms ..son of Mr. Ms .Taluk .District ..St ate
OR
(In the case of a firm/society/company/competent authority) .firm/ society/company/competent authority .having in registered office/principal place of business at ..
2. This renewal of registration is granted subject to the following conditions, namely:
(i) The promoter shall execute and register a conveyance deed in favour of the allotee or the association of the allottees, as the case may be, of the apartment or the common areas as per section 17:
(ii) The promoter shall deposit seventy percent of the amounts realized by the promoter in a separate account to be maintained in a schedule bank to cover the cost of construction and the land cost to be used only for that purpose as per sub-clause (D) of clause (1) of sub-section (2) of section 4:
(iii) The registration shall be valid for a period of years commencing from ..and ending with ..unless renewed by the Real Estate Regulatory Authority in accordance with section 6 read with rule 7 of the Act.
(iv) The promoter shall comply with the provisions of the Act and the rules and regulations made thereunder:
(v) The promoter shall not contravene the provisions of any other law for the time being in force in the area where the project is being developed.
(vi) If the above mentioned conditions are not fulfilled by the promoter the regulatory authority may take necessary action against the promoter including revoking the registration granted herein, as per the Act and the rules and regulations made thereunder:
Dated:
Place:
Signature and seal of the Authorised Officer
Real Estate Regulatory Authority.
FORM G
(See rule 10(1))
APPLICATION FOR REGISTRATION OF REAL ESTATE AGENT
To
The Real Estate Regulatory Authority
Sir,
I/We beg to apply for the grant of registration as a real estate agent to facilitate the sale on purchase of any plot, apartment or building, as the case may be in real estate project registered in the State of Andhra Pradesh in terms of the Act and the rules and regulations made thereunder,
1. (in the case of an individual) Mr./Ms .son of Mr. Ms ..Taluk ..District .State .
OR
(In the case of a firm/society/company) ..firm/society/company .having its registered office/principal place of business at
2. The requisite particulars are as under:
(i) Status of the applicant, whether individual/company/proprietorship firm/societies/partnership firm/limited liability partnership:
(ii) In case of individual:
(a) Name:
(b) Father's name
(c) Occupation
(d) Permanent address
(e) Photograph
OR
In case of firm/societies/companies:
(a) Name:
(b) Address
(c) Copy of registration certificate
(d) Major activities
(e) Name, Photography and address of partners/directors etc:
(iii) Income tax returns filed under the provisions of the Income Tax Act, 1961 for three financial years preceding the application or in case the applicant was exempted from filing returns under the provisions of the Income Tax Act, 1961 for any of the three year preceding the application a declaration to such effect:
(iv) Particulars of registration including the bye-laws, memorandum of association, articles of association etc; as the case may be;
(v) Authenticated copy of the address proof of the place of business:
(vi) Details of registration in any other State:
(vii) Any other information the applicant may like to furnish
3. I/We enclose the following documents along with namely:
(i) Demand Draft No dated ..for a sum of Rs . In favour of drawn on ..bank as registration fee as per sub-rule (2) of rule 10;
(ii) In come tax returns of the last 3 years or declaration as the case may be:
(iii) Authenticated copy of the PAN card of the real estate agent: and
(iv) Authenticated copy of the registration as a real estate agent in any other State, if applicable:
4. I/We solemnly affirm and declare that the particulars given in herein are correct to my/our knowledge and belief.
Dated:
Place:
Yours faithfully,
Signature and seal of the applicant(s).
FORM H
[See rule 11(I)]
REGISTRATION CERTIFICATE OF REAL ESTATE AGENT
1. This registration is granted under section 9 of the Act with registration certificate bearing No. ________to____
(in the case of an individual) Mr./Ms._______________ son of
Mr./Ms.____________ Taluk ___________ District ____________________
OR
(in the case of a firm/society/company) _______________________firm/society/company _____________________having is registered office/principal place of business at____________
To act as a real estate agent to facilitate the sale or purchase of any plot, apartment or building, as the case may be, in real estate projects registered in the ______________________ State of Andhra Pradesh in terms of the Act and the rules and regulations made thereunder.
2. This registration is granted subject to the following conditions, namely:
(i) The read estate agent shall not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, being sold by the promoter which is required but not registered with the regulatory authority:
(ii) The real estate agent shall maintain and preserve such books of account, records and documents as provided under rule 14;
(iii) The real estate agent shall not involve himself in any unfair trade practices as specified under clause (c) of section 10;
(iv) The real estate agent shall provide assistance to enable the allottee and promoter to exercise their respective rights and fulfil their respective obligations at the time of booking and sale of any plot, apartment or building, as the case may be.
(v) The real estate agent shall comply with the provisions of the Act and the rules and regulations made there under;
(vi) The real estate agent shall not contravene the provisions of any other law for the time being in force in the area where the project is being developed;
(vii) The real estate agent shall discharge such other functions as may be specified by the regulatory authority by regulations;
3. The registration is valid for a period of five years commencing from ________________ and ending with _________________ unless renewed by the regulatory authority in accordance with the provisions of the Act or the rules and regulations made there under.
4. If the above mentioned conditions are not fulfilled by the real estate agent, the regulatory authority may take necessary action against the real estate agent including revoking the registration granted herein, as per the Act and rules and regulations made there under.
Dated:
Place
Signature and seal of the Authorised Officer
Real Estate Regulatory Authority
FORM I
(See rule 11 (2), 12(4), 13)
INTIMATION OF REJECTION OF APPLICATION FOR REGISTRATION OF REAL ESTATE AGENT/REJECTION OF APPLICATION FOR RENEWAL OF REGISTRATION OF REAL ESTATE AGENT/REVOCATION OF REGISTRATION OF REAL ESTATE AGENT
From:
The Real Estate Regulatory Authority,
TO
Application/Registration No:______________________________
Dated:_____________________
You are hereby informed that your application for registration as real estate agent is rejected.
OR
You are hereby informed that your application for the renewal of the registration as real estate agent is rejected.
OR
You are hereby informed that the registration granted to you as real estate agent is hereby revoked.
For the reasons set out: __________________________
Place:
Dated:
Signature and seal of the Authorised Officer
Real Estate Regulatory Authority
FORM J
[See rule 12(I)]
APPLICATION FOR RENEWAL OF REGISTRATION OF REAL ESTATE AGENT
From:
To:
The Real Estate Regulatory Authority.
Sir,
I/We beg to apply for renewal my/our registration as a real estate agent under registration certificate bearing No.____________________ which expires on _____________
As required I/we submit the following documents and information, namely:
(i) A demand draft No _______________________. Dated:____________________ for rupees _____________in favour of _______________________drawn on ___________________ bank as renewal fee;
(ii) The original registration certificate; and
(iii) Status of the applicant, whether individual/company/proprietorship firm/societies/partnership firm/limited liability partnership;
(iv) In case of individual
(a) Name
(b) Father's Name
(c) Occupation
(d) Permanent address
(e) Photograph
OR
In case of firm/societies/companies
(a) Name
(b) Address
(c) Copy of registration certificate
(d) Major activities
(e) Name, photograph and address of partners/directors.
(v) income tax returns filed under the provisions of the Income Tax Act, 1961 for three financial years preceding the application or in case the applicant was exempted from filing returns under the provisions of the Income Tax Act, 1961 for any of the three year preceding the application, a declaration to such effect;
(vi) Particulars of registration including the bye-laws, memorandum of association, articles of association etc., as the case may be;
(vii) authenticated copy of the address proof of the place of business;
(viii) Details of registration in any other State;
(ix) Any other information as specified by regulations.
Dated:
Place:
Yours faithfully,
Signature and seal of the applicant(s)
FORM K
(See rule 12(4))
RENEWAL OF REGISTRATION OF REAL ESTATE AGENT
1. This renewal of registration is granted under section 9 of the Act to- (in the case of an individual) Mr./Ms.___________________ son of Mr./Ms._________________ Taluk __________District __________________State _________________
OR
(in the case of a firm/society/company) ____________________ firm/society/company _______________________having its registered office/principal plce of business at ____________
In continuation to registration certificate bearing No.___________________________ of ____________________
2. This renewal of registration is granted subject to the following conditions, namely:
(i) The real estate agent shall not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, being sold by the promoter which is required but not registered with the regulatory authority.
(ii) The real estate agent shall maintain and preserve such books of account, records and documents as provided under rule 14;
(iii) The real estate agent shall not involve himself in any unfair trade practices as specified under clause (c) of section 10 ;
(iv) The real estate agent shall facilitate the possession of all documents, as the allottee is entitled to, at the time of booking of any plot, apartment or building, as the case may be.
(v) The real estate agent shall provide assistance to enable the allottee and promoter to exercise heir respective rights and fulfil their respective obligations at the time of booking and sale of any plot, apartment or building, as the case may be.
(vi) The real estate agent shall comply with the provisions of the Act and the rules and regulations made there under;
(vii) The real estate agent shall not contravene the provisions of any other law for the time being in force in the area where the project is being developed:
(viii) The real estate agent shall discharge such other functions as may be specified by the regulatory authority by regulations;
3. The registration is valid for a period of five years commencing from______________ and ending with ____________________ unless renewed by the regulatory authority in accordance with the provisions of the Act or the rules and regulations made there under.
4. If the above mentioned conditions are not fulfilled by the real estate agent, the regulatory authority may take necessary action against the real estate agent including revoking the registration granted herein, as per the Act and the rules and regulations made thereunder.
Dated:
Place:
Signature and seal of the Authorised Officer
Real Estate Regulatory Authority
FORM L
[See Rule 34 (2)]
APPEAL TO APPELLATE TRIBUNAL
Appeal under Section 44 of the Act.
Every appeal shall be filed in English and in case it is in some other Indian Language, it shall be accompanied by a copy translated in English and shall be fairly and legibly type-written, lithographed or printed in double spacing on one side of standard petition paper with an inner margin of about four centimetres width on top and with a right margin on 2.5 cm, and left margin of 5 cm, duly paginated, indexed and stitched together in paper book form.
For use of Appellate Tribunal's Office:
Date of filing :___________________________
Date of receipt by post :_______________________
Registration No. :____________________________
Signature :__________________________________
Registrar :__________________________________
IN THE REAL ESTATE APPELLATE TRIBUNAL (Name of place)
Between:
__________________________________ (Appellant(s))
And:
__________________________________ (Respondent(s))
Details of appeal:
1. Particulars of the appellants:
(i) Name of the Appellant:
(ii) Address of the existing office/residence of the Appellant:
(iii) Address for service of all Notices:
2. Particulars of the Respondents:
(i) Name(s) of Respondent(s):
(ii) Office address of the Respondent(s):
(iii) Address for service of all Notices:
3. Jurisdiction of the Appellant Tribunal:
The appellant declares that the subject matter of the appeal falls within the jurisdiction of the Appellate Tribunal.
4. Limitation:
The appellant declares that the appeal is within the limitation specified in subsection (2) of Section 44.
Or
If the appeal is filed after the expiry of the limitation period specified under sub-section (2) of Section 44 specify reasons for delay_______________________
5. Facts of the case:
(give a concise statement of facts and grounds of appeal against the specific order of regulatory authority or the adjudicating officer, as the case may be passed under section(s) ______________________ of the Act.
6. Relief(s) sought:
In view of the facts mentioned in paragraph 5 above, the appellant prays for the following relief(s)_________________________________________________ [Specify below the relief(s) sought explaining the grounds of relief(s) and the legal provisions (if any) relied upon]
7. Interim order, if prayed for:
Pending final decision on the appeal the appellant seeks issue of the following interim order;
[Giver here the nature of the interim order prayed for with reasons]
8. Matter not pending with any other court, etc.:
The appellant further declares that the matter regarding which this appeal has been made is not pending before any court of law or any other authority or any other tribunal(s).
9. Particulars of Bank Draft in respect of the fee in terms of sub-rule (1) of rule 28:
(i) Amount
(ii) Name of the Bank on which drawn
(iii) Demand draft number
10. List of enclosures:
(i) An attested true copy of the order against which the appeal is filed
(ii) Copies of the documents relied upon by the appellant and referred to in the appeal.
(iii) An Index of the documents
VERIFICATION
I _________________________________________________ (name in full block letters), son/ daughter of _____________________________________________________ the appellant do hereby verify that the contents of paragraphs [1 to 10] are true to my personal knowledge and belief and that I have not suppressed any material fact(s).
Place:
Date:
Signature of the appellant(s)
FORM M
[See Rule 37 (1)]
COMPLAINT TO REGULARORY AUTHORITY
Complaint under section 31 of the Act.
For use of Regulatory Authority(s) Office:
Date of filing :___________________________________________
Date of receipt by post : ___________________________________
Complaint No. : _________________________________________
Signature : _____________________________________________
Registrar : _____________________________________________
IN THE REGULATORY AUTHORITIES OFFICE (Name of place)
Between:
_______________________________________________ (Appellant(s))
And:
_______________________________________________ (Respondent(s))
Details of claim:
1. Particulars of the complainant(s):
(i) Name of the Complainant:
(ii) Address of the existing office/residence of the Complainant:
(iii) Address for service of all Notices:
2. Particulars of the Respondents:
(i) Name(s) of Respondent(s):
(ii) Office address of the Respondent(s):
(iii) Address for service of all Notices:
3. Jurisdiction of the Regulatory Authority:
The complainant declares that the subject matter of the claim falls within the jurisdiction of the Regulatory Authority.
4. Facts of the case:
(give a concise statement of facts and grounds of complaint)
5. Relief(s) sought:
In view of the facts mentioned in paragraph 4 above, the complainant prays for the following relief(s) _______________________________________________
[Specify below the relief(s) claimed explaining the grounds of relief(s) and the legal provisions (if any) relied upon]
6. Interim order, if prayed for:
Pending final decision on the appeal the complaint seeks issue of the following interim order;
[Giver here the nature of the interim order prayed for with reasons]
7. Complaints not pending with any other court, etc.:
The complainant further declares that the matter regarding which this complaint has been made is not pending before any court of law or any other authority or any other tribunal(s).
8. Particulars of Bank Draft in respect of the fee in terms of sub-rule (1) of rule 36:
(i) Amount
(ii) Name of the Bank on which drawn
(iii) Demand draft number
9. List of enclosures:
[specify the details of enclosures with the complaint]
VERIFICATION
I _______________________________________________ (name in full block letters), son/ daughter of ________________________________________________ the complainant do hereby verify that the contents of paragraphs [1 to 9] are true to my personal knowledge and belief and that I have not suppressed any material fact(s).
Place:
Date:
Signature of the appellant(s)
FORM N
[See Rule 38 (1)]
APPLICATION TO ADJUDICATING OFFICER
Claim for compensation under section 31 read with section 71 of the Act.
For use of Adjudicating Officer's Office:
Date of filing : ____________________________________________
Date of receipt by post : _____________________________________
Application No. : __________________________________________
Signature : _______________________________________________
Authorise Officer : _________________________________________
IN THE ADJUDICATING OFFICER'S OFFICE (Name of place)
Between:
_______________________________________________ (Applicant(s))
And:
_______________________________________________ (Respondent(s))
Details of claim:
1. Particulars of the applicant(s):
(i) Name of the Applicant:
(ii) Address of the existing office/residence of the Applicant:
(iii) Address for service of all Notices:
(iv) Details of allottees apartment, plot or building
2. Particulars of the Respondents:
(i) Name(s) of Respondent(s):
(ii) Office address of the Respondent(s):
(iii) Address for service of all Notices:
(iv) Registration No. and address of project:
3. Jurisdiction of the Adjudicating Officer:
The applicant declares that the subject matter of the claim falls within the jurisdiction of the Adjudicating Officer.
4. Facts of the case:
(give a concise statement of facts and grounds of claim against the promoter)
5. Compensation(s) sought:
In view of the facts mentioned in paragraph 4 above, the applicant prays for the following compensation(s) _______________________________________________
[Specify below the compensation(s) claimed explaining the grounds of claim(s) and the legal provisions (if any) relied upon]
6. Claim(s) not pending with any other court, etc.:
The applicant further declares that the matter regarding which this appeal has been made is not pending before any court of law or any other authority or any other tribunal(s).
7. Particulars of Bank Draft in respect of the fee in terms of sub-rule (1) of rule 36:
(i) Amount
(ii) Name of the Bank on which drawn
(iii) Demand draft number
8. List of enclosures:
[specify the details of enclosures with the application]
VERIFICATION
I _______________________________________________ (name in full block letters), son/ daughter of _______________________________________________the complainant do hereby verify that the contents of paragraphs [1 to 9] are true to my personal knowledge and belief and that I have not suppressed any material fact(s).
Place:
Date:
Signature of the appellant(s)
FORM Q
[See rule 39]
ANNUAL STATEMENT OF ACCOUNTS
Receipts and Payments account
For the year ended _______________________________________________
(In Rupees)
| A/c Code |
Receipts |
Current year As on |
Previous year As on |
A/c Code |
Payments |
Current year As on |
Previous year As on |
| 1. |
To Balance Brought down: |
|
|
13. |
By Chairperson and Members: |
|
|
| 1.1. |
To Bank |
|
|
13.1. |
By pay and Allowances |
|
|
| 1.2. |
To Cash in hand |
|
|
13.2. |
By Other benefits |
|
|
| 2. |
To Fee, Charges and Fine: |
|
|
13.3. |
By Travelling expenses: |
|
|
| 2.1 |
To Fees |
|
|
13.3.1. |
By Overseas |
|
|
| 2.2. |
To Charges |
|
|
13.3.2. |
By Domestic |
|
|
| 2.3. |
To Fines |
|
|
14. |
By officers: |
|
|
| 2.4. |
To Others (specify) |
|
|
14.1. |
By Pay and Allowances |
|
|
| 3. |
To Grants: |
|
|
14.2. |
By Retirement Benefits |
|
|
| 3.1. |
To Accounts With Government |
|
|
14.3. |
By Other benefits |
|
|
| 3.2. |
To Others (specify) |
|
|
14.4. |
By Travelling expenses: |
|
|
| 4. |
To Gifts |
|
|
14.4.1. |
By overseas |
|
|
| 5. |
To Seminars and conferences |
|
|
14.4.2. |
By Domestic |
|
|
| 6 |
To Sale of Publications |
|
|
15. |
By Staff: |
|
|
| 7. |
To Income on investments and Deposits: |
|
|
15.1. |
By Pay and Allowances |
|
|
| 7.1 |
To Income on Investments |
|
|
15.2. |
By Retirement Benefits |
|
|
| 7.2. |
To Income on Deposits |
|
|
15.3. |
By Other Benefits |
|
|
| 8. |
To Loans: |
|
|
15.4. |
By Travelling expenses: |
|
|
| 8.1. |
To Government |
|
|
15.4.1. |
By overseas |
|
|
| 8.2. |
To Others (specify) |
|
|
15.4.2. |
By Domestic |
|
|
| 9. |
To Sale of Assets |
|
|
16. |
By Hire of Conveyance |
|
|
| 10. |
To Sale on Investments |
|
|
17. |
By Wages |
|
|
| 11. |
To Recoveries from pay bills |
|
|
18. |
By Overtime |
|
|
| |
|
|
|
19. |
By Honorarium |
|
|
| |
|
|
|
20. |
By Other office expenses |
|
|
| |
|
|
|
21. |
By Expenditure on Research |
|
|
| |
|
|
|
22. |
By Consultation expenses |
|
|
| |
|
|
|
23. |
By Seminars and conferences |
|
|
| |
|
|
|
24. |
By Publications of Authority |
|
|
| |
|
|
|
25. |
By Rent and Taxes |
|
|
| |
|
|
|
26. |
By Interest and Loans |
|
|
| |
|
|
|
27. |
By Promotional Expenses |
|
|
| |
|
|
|
28. |
By Membership fee |
|
|
| |
|
|
|
29. |
By Subscription |
|
|
| |
|
|
|
30. |
By Purchase of Fixed Assets (Specify) |
|
|
| |
|
|
|
31. |
By Investments and Deposits: |
|
|
| |
|
|
|
31.1. |
By Investments |
|
|
| |
|
|
|
31.2. |
By Deposits |
|
|
| |
|
|
|
32. |
By Security Deposits |
|
|
| |
|
|
|
33. |
By Loans and Advances to: |
|
|
| |
|
|
|
33.1. |
By Employees: |
|
|
| |
|
|
|
33.1.1. |
By Bearing Interest |
|
|
| |
|
|
|
33.1.2. |
By Not Bearing Interest |
|
|
| |
|
|
|
33.2. |
By Suppliers/contractors |
|
|
| |
|
|
|
33.3. |
By others (specify) |
|
|
| |
|
|
|
34. |
By Repayment of loan |
|
|
| |
|
|
|
35. |
By Others |
|
|
| |
|
|
|
35.1. |
By Leave Salary and Pension |
|
|
| |
|
|
|
35.2. |
Contribution |
|
|
| |
|
|
|
35.3. |
By Audit Fee |
|
|
| |
|
|
|
35.4. |
By Misc: |
|
|
| |
|
|
|
36. |
By Balance carried down: |
|
|
| |
|
|
|
36.1. |
By Bank |
|
|
| |
|
|
|
36.2. |
By Cash in Hand |
|
|
| |
Total |
|
|
|
Total |
|
|
Member(s) (Signature)Chairperson
(Signature)
Income and Expenditure Account
For the 1st April __________________to 31st March _____________________________
| A/c Code |
Expenditure |
Current year As on |
Previous year As on |
A/c Code |
Income |
Current year As on |
Previous year As on |
| 37. |
To Chairperson and Members |
|
|
61. |
By fee, Charges and Fine |
|
|
| 37.1. |
To Pay and Allowances |
|
|
61.1. |
By Fee |
|
|
| 37.2. |
To Other benefits |
|
|
61.2. |
By Charges |
|
|
| 37.3. |
To Travelling Expenses |
|
|
61.3. |
By Fines |
|
|
| 37.3. 1. |
To Overseas |
|
|
61.4. |
By Others (specify) |
|
|
| 37.3. 2. |
To Domestic |
|
|
62. |
By Grants |
|
|
| 38. |
To Officers |
|
|
62.1. |
By Account with Government |
|
|
| 38.1. |
To Pay and Allowances |
|
|
62.2. |
By others (Specify) |
|
|
| 38.2. |
To retirement Benefits |
|
|
63. |
By Gifts |
|
|
| 38.3. |
To Other Benefits |
|
|
64. |
By Seminars and Conferences |
|
|
| 38.4. |
To Travelling Expenses |
|
|
65. |
By Sale of Publications |
|
|
| 38.4. 1. |
To Overseas |
|
|
66. |
By Income on investments and Deposits |
|
|
| 38.4. 2. |
To Domestic |
|
|
66.1. |
By Income on investments |
|
|
| 39. |
To Staff |
|
|
66.2. |
By Income on Deposits |
|
|
| 39.1. |
To Pay and Allowances |
|
|
66.3. |
By Interest on Loan and Advances |
|
|
| 39.2. |
To Retirement Benefits |
|
|
67. |
By Miscellaneous |
|
|
| 39.3. |
To Other Benefits |
|
|
67.1. |
By Gain on Sales |
|
|
| 39.4. |
To travelling expenses |
|
|
67.2. |
By Excess of expenditure over income |
|
|
| 39.4. 1. |
To Overseas |
|
|
67.3 |
(Transferred to Capital Fund Accounts) |
|
|
| 39.4. 2. |
To Domestic |
|
|
|
|
|
|
| 40. |
To hire of Conveyance |
|
|
|
|
|
|
| 41. |
To Wages |
|
|
|
|
|
|
| 42. |
To Overtime |
|
|
|
|
|
|
| 43 |
To Honorarium |
|
|
|
|
|
|
| 44. |
To Other office expenses |
|
|
|
|
|
|
| 45. |
To expenditure on Research |
|
|
|
|
|
|
| 46. |
To Consultation expenses |
|
|
|
|
|
|
| 47. |
To Seminars and conferences |
|
|
|
|
|
|
| 48. |
To Publications of Real Estate Regulatory Authority |
|
|
|
|
|
|
| 49. |
To Rent and Taxes |
|
|
|
|
|
|
| 50. |
To interest on loans |
|
|
|
|
|
|
| 51. |
To Promotional Expenses |
|
|
|
|
|
|
| 52. |
To membership fee |
|
|
|
|
|
|
| 53. |
To Subscription |
|
|
|
|
|
|
| 54. |
To Others |
|
|
|
|
|
|
| 54.1. |
To Leave Salary and Pension |
|
|
|
|
|
|
| 54.2. |
Contribution |
|
|
|
|
|
|
| 54.3. |
To Audit Fee |
|
|
|
|
|
|
| 54.4. |
To Misc |
|
|
|
|
|
|
| 55. |
To Depreciation |
|
|
|
|
|
|
| 56. |
To Loss on sale of assets |
|
|
|
|
|
|
| 57. |
To Bad Debts written off |
|
|
|
|
|
|
| 58. |
To Provision for bad & doubtful debts |
|
|
|
|
|
|
| 59. |
To Excess of income over Expenditure |
|
|
|
|
|
|
| 60. |
(Transferred to capital Fund Accounts) |
|
|
|
|
|
|
| |
Total |
|
|
|
Total |
|
|
Member(s) (Signature)Chairperson
(Signature)
Balance Sheet as on 31st march _________________
(In Rupees)
| A/c Code |
Liabilities |
Current year As on |
Previous Year As on |
A/c Code |
Assets |
Current year As on |
Previous Year As on |
| 68. |
Funds |
|
|
72. |
Fixed Assets |
|
|
| 68.1 |
Capital Fund |
|
|
72.1 |
Gross Block at Cost |
|
|
| 68.2 |
Add excess of Income over expenditure/less excess of Expenditure over Income |
|
|
72.2 |
Less Cumulative depreciation |
|
|
| 68.3 |
Other Funds (Specify) |
|
|
72.3. |
Net Block |
|
|
| 69. |
Reserves |
|
|
73. |
Capital Work-in-Progress |
|
|
| 70. |
Loans |
|
|
74. |
Investments & Deposits |
|
|
| 70.1 |
Government |
|
|
74.1 |
Investment |
|
|
| 70.2 |
Others |
|
|
75 |
Loans and Advances |
|
|
| 71. |
Current Liabilities and provisions |
|
|
75.1 |
Account with Government |
|
|
| |
|
|
|
76. |
Sundry Debtors |
|
|
| |
|
|
|
77. |
Cash and Bank Balances |
|
|
| |
|
|
|
78. |
Other Current Assets |
|
|
| |
Total |
|
|
|
Total |
|
|
| Accounting Policies and Notes: |
Member(s) (Signature)Chairperson
(Signature)
FORM P
[See rule 40]
ANNUAL REPORT TO BE PREPARED BY REGULATORY AUTORITY
I. Return on registration of promoters and real estate agents
A. In relation to Promoters:
| Serial Number |
Name of promoter |
Address of promoter |
Description of project for which registration has been issued |
Fee paid |
Registration Number |
| 1 |
2 |
3 |
4 |
5 |
6 |
| |
|
|
|
|
|
| Date of issue of registration |
Date on which registration expires |
Date of extension of registration with period of extension |
Remark |
| 7 |
8 |
9 |
10 |
| |
|
|
|
B. In relation to Real Estate Agents:
| Serial No. |
Name of Real Estate Agent |
Address of Real Estate Agent |
Registration Fee paid |
Date of issue of registration certificate |
Date of which registration certificate expires |
Date and period of renewal of registration certificate |
Remark |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
| |
|
|
|
|
|
|
|
II. Return on number of cases filed before the regulatory authority and the adjudication officer for settlement of disputes and adjudicated upon.
| Sl. No. |
No. Of Cases pending in the last quarter by the regulatory authority |
No. Of Cases received during the quarter by the regulatory authority |
No. Of Cases disposed of by the regulatory authority |
| |
|
|
|
| Sl. No. |
No. Of Cases pending in the last quarter with the adjudication officer |
No. Of Cases received during the quarter by the adjudicating officer |
No. Of Cases disposed of by the adjudication officer |
| |
|
|
|
III. Statement on the periodical survey conducted by the regulatory authority to monitor the compliance of the provisions of the Act by the promoters, allottees and real estate agents.
| Sl. No. |
Survey conducted during the quarter with details |
Observation of Authority |
Remedial steps taken |
| |
|
|
|
IV. Statement on steps taken to mitigate any non-compliance of the provisions of the and the rules and regulations made thereunder by the promoters, allottees and real estate agents.
| Sl. No. |
Subject |
Steps taken |
Results achieved |
| |
|
|
|
V. Statements on penalty imposed by the regulatory authority for contraventions of the Act and directions of the regulatory authority and adjudication officer.
| Sl. No. |
Name of the Promoter |
Details of the directions issued |
Penalty imposed |
Whether paid |
| |
|
|
|
|
| Sl. No. |
Name of the allottee |
Details of the directions issued |
Penalty imposed |
Whether paid |
| |
|
|
|
|
| Sl. No. |
Name of the real estate agent |
Details of the directions issued |
Penalty imposed |
Whether paid |
| |
|
|
|
|
FORM - Q
[See rule 6-A (1)]
ANDHRA PRADESH REAL ESTATE REGULATORY AUTHORITY
REGISTER OF APPLICATIONS FOR REGISTRATION OF THE PROJECT
| S. No. |
Date of submission of Application |
Application No. |
Name of the Project |
Name and Nature of Organization/Promoter & Address |
Names of all the Directors/Par tners/Office bearers of the Society |
Registered address of all the Directors/Partners/Office bearers of the Society |
Telephon e No/ Email Address |
DIN Number & PAN Number |
Names and addresses of Architect/ Engineer/ Chartered Accountant & addresses |
Name of the Real Estate Agent & registration number under APRERA |
| (1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| Declaration in Form - B submitted YES/NO |
Proposed for Land Development for plots/subdivisions or Construction of Building for apartments/ individual house/commercial/etc |
Whether the project is proposed in phases. If yes give the details. |
Extent of the proposed site [in Hecates/Acres/ Sq.m] |
Survey Nos. and Name of the Village/ town in which the development is propose d |
Location details of the project along with its boundaries including the latitude and Longitude of the end points |
Sanctioned Plans obtained from the Competent Authority. If yes, Permission order Number and date of approval |
Proposed complete on Date of the project |
Agreement between the Land Owner and Promoter authorising to undertake construction is submitted. [YES/NO] |
Copy of the title deed of the Land is submit ed [YES/N O] |
Copy of the plan of development works of the Project is submitted [YES/NO] |
Acknowle dgement for receipt of the application is issued [YES/NO] |
| (12) |
(13) |
(14) |
(15) |
(16) |
(17) |
(18) |
(19) |
(20) |
(21) |
(22) |
(23) |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
FORM - R
[See rule 14 (5)]
ANDHRA PRADESH REAL ESTATE REGULATORY AUTHORITY
REGISTER OF ALLOTTEES
STATEMENT INDICATING PERSON WISE RECEIPTS AND DISBURSEMENT IN RESPECT OF SUMS ACCEPTED AS ADVANCE FROM THE ALLOTTEES
| S. No. |
Name of the Project Including the location details of the Project |
Applicatio n No. of the Allottee and date |
Name of the Allottee |
Age, Address of the Allottee, PAN Number, Phone Number, Mail address etc. |
Number of the Apartment |
Carpet Area, Common Area and Total Area (in sq. m)/Plot Area(in sq. m) |
Total Cost of the unit, including common areas, provision of amenities, all the taxes and advance for maintenance of common areas etc. |
Advance Paid(in Rs.) |
Date of Payment Cheque/DD No. |
| (1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
FORM - S
[See rule 14 (5)]
ANDHRA PRADESH REAL ESTATE REGULATORY AUTHORITY
REGISTER OF ALLOTTEES
STATEMENT INDICATING PURPOSE WISE RECEIPTS IN RESPECT OF SUMS ACCEPTED AS ADVANCE OR COMMISSION
(Amount in Rs.)
| S. No. |
Name of the Project Locational details of the Project |
Total Cost of the Project including common areas, provision of amenities, etc. |
Type of component/Purpose |
Estimated Cost |
Sum collected from the Allottee as Advance or Commission |
| (1) |
(2) |
(3) |
(4) |
(5) |
(6) |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
ANNEXURE A
[See rule 3]
AGREEMENT FOR SALE
This Agreement for Sale ( Agreement ) executed on this __ day of, 20____,
By and Between
[If the promoter is a company]
_____________(CIN No._________________), a company incorporated under the provisions of the Companies Act, [1956 or 2013, as the case may be], having its registered office at and its corporate office at____________________(PAN -_____________), represented by its authorized signatory (Aadhar No.) authorized vide board resolution dated hereinafter referred to as the Promoter (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include its successor-in-interest, executors, administrators and permitted assignees);
[OR]
[If the promoter is a Partnership firm]
________________, a partnership firm registered under the Indian Partnership Act, 1932, having its principal place of business at____________________, (PAN _____________), represented by its authorized Partner_______________, (Aadhar No._____________) authorized vide_______________, hereinafter referred to as the Promoter (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include its successors-in-interest, executors, administrators and permitted assignees, including those of the respective partners).
[OR]
[If the promoter is an Individual]
Mr./Ms. ________________, (Aadhar No.___________) son/daughter of________________, aged about__________, residing at ___________, (PAN __________________), hereinafter called the Promoter (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include his/her heirs, executors, administrators, successors-in-interest and permitted assignees).
AND
[If the Allottee is a company]
__________________, (CIN No.______________) a company incorporated under the provisions of the Companies Act, [1956 or 2013, as the case may be], having its registered office at__________________, (PAN____________), represented by its authorized signatory, ________________, (Aadhar No.__________) duly authorized vide board resolution dated, hereinafter referred to as the Allottee (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include its successor-in-interest, executors, administrators and permitted assignees).
[OR]
[If the Allottee is a Partnership firm]
___________________, a partnership firm registered under the Indian Partnership Act, 1932, having its principal place of business at _____________, (PAN______________), represented by its authorized partner,____________, (Aadhar No.__________) authorized vide_____________________, hereinafter referred to as the Allottee (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include its successors-in-interest, executors, administrators and permitted assignees, including those of the respective partners).
[OR]
[If the Allottee is an Individual]
Mr./Ms._______________, (Aadhar No._____________) son/daughter of____________, aged about____________, residing at____________, (PAN_______________), hereinafter called the Allottee (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include his/her heirs, executors, administrators, successors-in-interest and permitted assignees).
[OR]
[If the Allottee is a HUF]
Mr.___________, (Aadhar No.___________) son of____________ aged about for self and as the Karta of the Hindu Joint Mitakshara Family known as_____________ HUF, having its place of business/residence at____________, (PAN__________), hereinafter referred to as the Allottee (which expression shall unless repugnant to the context or meaning thereof be deemed to include his heirs, representatives, executors, administrators, successors-in-interest and permitted assigns as well as the members of the said HUF, their heirs, executors, administrators, successors-in-interest and permitted assignees).
[Please insert details of other allottee(s), in case of more than one allottee]
The Promoter and Allottee shall hereinafter collectively be referred to as the Parties and individually as a Party .
WHEREAS:
(A) The Promoter is the absolute and lawful owner of [survey nos.] [Please insert land details as per local laws]__________totally admeasuring square meters situated at in Taluk & District_____________( Said Land ) vide sale deed(s) dated_______________registered as Documents No. at the office of the Sub-Registrar;
[OR]
_____________( Owner ) is the absolute and lawful owner of [survey nos.] [Please insert land details as per local laws]_______________totally admeasuring ___________square meters situated at in Taluk &District ( Said Land ) vide sale deed(s) dated_____________registered as documents No. at the office of the Sub-Registrar.
The Owner and the Promoter have entered into a [collaboration/development/joint development] agreement dated______________registered as document No.__________at the office of the Sub-Registrar;
(B) The Said Land is earmarked for the purpose of building a [commercial/residential/ any other purpose (to be specified)] project, comprising__________multistoried apartment buildings and [insert any other components of the Projects] and the said project shall be known as __________ ( Project );
[OR]
The Said Land is earmarked for the purpose of plotted development of a [commercial/residential/ any other purpose (to be specified)] project, comprising__________plots and [insert any other components of the Projects] and the said project shall be known as _______________ ( Project ):
Provided that where land is earmarked for any institutional development the same shall be used for those purposes only and no commercial/residential development shall be permitted unless it is a part of the plan approved by the competent authority.
(C) The Promoter is fully competent to enter into this Agreement and all the legal formalities with respect to the right, title and interest of the Promoter regarding the Said Land on which Project is to be constructed have been completed;
(D) The _______________[Please insert the name of the concerned competent authority] has granted the permission to develop the Project vide approval dated bearing No._____________;
(E) The Promoter has obtained the final layout plan approvals for the Project from _______________________________________[Please insert the name of the concerned competent authority]. The Promoter agrees and undertakes that it shall not make any changes to these layout plans as required under the except in strict compliance with section 14 of the Act and other laws as applicable and also hands over the required land meant for public purpose in the Layout such as Roads, Parks, Play grounds, etc. to the concerned Local Authority as per the Municipal Laws;
(F) The Promoter has registered the Project under the provisions of the Act with the Real Estate Regulatory Authority at________ on _________________under registration No.______________;
(G) The Allottee had applied for an apartment in the Project vide application No.______________dated_____________and has been allotted apartment No._______________having carpet area of square feet, type ______________, on _________ floor in [tower/block/building] No._____________ ( Building ) along with garage/ parking no._____________ admeasuring_____________square feet in the [Please insert the location of the garage parking], as permissible under the applicable law and of pro rata share in the common areas ( Common Areas ) as defined under clause (n) of Section 2 of the Act (hereinafter referred to as the Apartment more particularly described in Schedule A and the floor plan of the apartment is annexed hereto and marked as Schedule B);
[OR]
The Allottee had applied for a plot in the Project vide application No.______dated________ and has been allotted plot No.__________having area of___________square feet and plot for garage/parking admeasuring____________square feet (if applicable)] in the____________[Please insert the location of the garage/ parking], as permissible under the applicable law and the common areas ( Common Areas ) as defined under clause (n) of Section 2 of the Act (hereinafter referred to as the Plot more particularly described in Schedule A) excluding land meant for public purpose in Layout such as Roads, Parks, Play grounds, etc. handed over to the concerned Local Authority as per the Municipal Laws;
(H) The Parties have gone through all the terms and conditions set out in this Agreement and understood the mutual rights and obligations detailed herein;
(I) ___________________________________________________________________________________________________________[Please enter any additional disclosures/details]
(J) The Parties hereby confirm that they are signing this Agreement with full knowledge of all the laws, rules, regulations, notifications, etc., applicable to the Project;
(K) The Parties, relying on the confirmations, representations and assurances of each other to faithfully abide by all the terms, conditions and stipulations contained in this Agreement and all applicable laws, are now willing to enter into this Agreement on the terms and conditions appearing hereinafter;
(L) In accordance with the terms and conditions set out in this Agreement and as mutually agreed upon by and between the Parties, the Promoter hereby agrees to sell and the Allottee hereby agrees to purchase the [Apartment/Plot] and the garage/ parking (if applicable) as specified in para G;
NOW THEREFORE, in consideration of the mutual representations, covenants, assurances, promises and agreements contained herein and other good and valuable consideration, the Parties agree as follows: 1. TERMS:
1.1 Subject to the terms and conditions as detailed in this Agreement, the Promoter agrees to sell to the Allottee and the Allottee hereby agrees to purchase, the [Apartment/Plot] as specified in para G;
1.2 The Total Price for the [Apartment/Plot] based on the carpet area is Rs.__________________(Rupees_______________only ( Total Price ) (Give break up and description):
| S. No. |
Block/Building/Tower No. or Name |
Type |
Floor |
Apartment No. |
Rate of Apartment per square feet (in Rs.) |
Taxes (in Rs.) |
Total Price (in Rs.) |
| (A) |
(B) |
(C) |
(D) |
(E) |
(F) |
(G) |
(H) |
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Provide breakup of the amounts such as cost of apartment, proportionate cost of common areas, preferential location charges, taxes etc.
[AND] [if/as applicable]
| Garage/Closed parking - 1 |
Price for 1 |
| Garage/Closed parking - 1 |
Price for 1 |
| |
|
| |
|
[OR]
| S. No. |
Block No. or Name |
Type |
Plot No. |
Rate of Plot per square Yard or square meter |
Taxes (in Rs.) |
Total Price of the Plot (in Rs.) |
| (A) |
(B) |
(C) |
(D) |
(E) |
(G) |
(H) |
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
Explanation:
(i). The Total Price above includes the booking amount paid by the allottee to the Promoter towards the [Apartment/Plot];
(ii). The Total Price above includes Taxes (consisting of tax paid or payable by the Promoter by way of Value Added Tax, Service Tax, and Cess or any other similar taxes which may be levied, in connection with the construction of the Project payable by the Promoter) up to the date of handing over the possession of the [Apartment/Plot]:
Provided that in case there is any change/modification in the taxes, the subsequent amount payable by the allottee to the promoter shall be increased/reduced based on such change/modification;
(iii). The Promoter shall periodically intimate to the Allottee, the amount payable as stated in (i) above and the Allottee shall make payment within 30 (thirty) days from the date of such written intimation. In addition, the Promoter shall provide to the Allottee the details of the taxes paid or demanded along with the acts/rules/notifications together with dates from which such taxes/levies etc. have been imposed or become effective;
(iv). The Total Price of the [Apartment/Plot] includes: 1. Pro rata share in the Common Areas; and 2) garage(s)/parking(s) as provided in the Agreement.
1.3 The Total Price is escalation-free, save and except increases which the Allottee hereby agrees to pay, due to increase on account of development charges payable to the competent authority and/or any other increase in charges which may be levied or imposed by the competent authority from time to time. The Promoter undertakes and agrees that while raising a demand on the Allottee for increase in development charges, cost/charges imposed by the competent authorities, the Promoter shall enclose the said notification/order/rule/regulation to that effect along with the demand letter being issued to the Allottee, which shall only be applicable on subsequent payments.
1.4 The Allottee(s) shall make the payment as per the payment plan set out in Schedule C ( Payment Plan ).
1.5 The Promoter may allow, in its sole discretion, a rebate for early payments of installments payable by the Allottee by discounting such early payments @______% per annum for the period by which the respective installment has been preponed. The provision for allowing rebate and such rate of rebate shall not be subject to any revision/withdrawal, once granted to an Allottee by the Promoter.
1.6 It is agreed that the Promoter shall not make any additions and alterations in the sanctioned plans, layout plans and specifications and the nature of fixtures, fittings and amenities described therein in respect of the apartment, plot or building, as the case may be, without the previous written consent of the Allottee. Provided that the Promoter may make such minor additions or alterations as may be required by the Allottee, or such minor changes or alterations as per the provisions of the Act.
1.7 [Applicable in case of an apartment] The Promoter shall confirm the final carpet area that has been allotted to the Allottee after the construction of the Building is complete and the occupancy certificate is granted by the competent authority, by furnishing details of the changes, if any, in the carpet area. The total price payable for the carpet area shall be recalculated upon confirmation by the Promoter. If there is any reduction in the carpet area within the defined limit then Promoter shall refund the excess money paid by Allottee within forty-five days with annual interest at the rate specified in the Rules, from the date when such an excess amount was paid by the Allottee. If there is any increase in the carpet area allotted to Allottee, the Promoter shall demand that from the Allottee as per the next milestone of the Payment Plan. All these monetary adjustments shall be made at the same rate per square feet as agreed in Clause 1.2 of this Agreement.
1.8 Subject to Clause 9.3 the Promoter agrees and acknowledges, the Allottee shall have the right to the [Apartment/Plot] as mentioned below:
(i). The Allottee shall have exclusive ownership of the [Apartment/Plot];
(ii). The Allottee shall also have undivided proportionate share in the Common Areas. Since the share/interest of Allottee in the Common Areas is undivided and cannot be divided or separated, the Allottee shall use the Common Areasalong with other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them. Further, the right of the Allottee to use the Common Areas shall always be subject to the timely payment of maintenance charges and other charges as applicable. It is clarified that the promoter shall convey undivided proportionate title in the common areas to the association of allottees as provided in the Act;
(iii). That the computation of the price of the [Apartment/Plot] includes recovery of price of land, construction of [not only the Apartment but also] the Common Areas, internal development charges, external development charges, taxes, cost of providing electric wiring, fire detection and firefighting equipment in the common areas etc. and includes cost for providing all other facilities as provided within the Project.
1.9 It is made clear by the Promoter and the Allottee agrees that the [Apartment/Plot] along with ____ garage/ parking shall be treated as a single indivisible unit for all purposes. It is agreed that the Project is an independent, self-contained Project covering the said Land and is not a part of any other project or zone and shall not form a part of and/or linked/combined with any other project in its vicinity or otherwise except for the purpose of integration of infrastructure for the benefit of the Allottee. It is clarified that Project's facilities and amenities shall be available only for use and enjoyment of the Allottees of the Project.
1.10 It is understood by the Allottee that all other areas and i.e. areas and facilities falling outside the Project, namely___________shall not form a part of the declaration to be filed with_______________[Please insert the name of the concerned competent authority] to be filed in accordance with the_______________[Please insert the name of the relevant State act, if any].
1.11 The Promoter agrees to pay all outgoings before transferring the physical possession of the apartment to the Allottees, which it has collected from the Allottees, for the payment of outgoings (including land cost, ground rent, municipal or other local taxes, charges for water or electricity, maintenance charges, including mortgage loan and interest on mortgages or other encumbrances and such other liabilities payable to competent authorities, banks and financial institutions, which are related to the project). If the Promoter fails to pay all or any of the outgoings collected by it from the Allottees or any liability, mortgage loan and interest thereon before transferring the apartment to the Allottees, the Promoter agrees to be liable, even after the transfer of the property, to pay such outgoings and penal charges, if any, to the authority or person to whom they are payable and be liable for the cost of any legal proceedings which may be taken therefor by such authority or person.
1.12 The Allottee has paid a sum of Rs,___________________(Rupees______________________________________________only) as booking amount being part payment towards the Total Price of the [Apartment/Plot] at the time of application the receipt of which the Promoter hereby acknowledges and the Allottee hereby agrees to pay the remaining price of the [Apartment/Plot] as prescribed in the Payment Plan as may be demanded by the Promoter within the time and in the manner specified therein:
Provided that if the allottee delays in payment towards any amount for which is payable, he shall be liable to pay interest at the rate specified in the Rules.
2. MODE OF PAYMENT
Subject to the terms of the Agreement and the Promoter abiding by the construction milestones, the Allottee shall make all payments, on demand by the Promoter, within the stipulated time as mentioned in the Payment Plan through A/c Payee cheque/demand draft or online payment (as applicable) in favour of ____________________ payable at_____________.
3. COMPLIANCE OF LAWS RELATING TO REMITTANCES
3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act and Rules and Regulations made thereunder or any statutory amendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Promoter with such permission, approvals which would enable the Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India; he/she shall be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.
3.2 The Promoter accepts no responsibility in this regard. The Allottee shall keep the Promoter fully indemnified and harmless in this regard. Whenever there is any change in the residential status of the Allottee subsequent to the signing of this Agreement, it shall be the sole responsibility of the Allottee to intimate the same in writing to the Promoter immediately and comply with necessary formalities if any under the applicable laws. The Promoter shall not be responsible towards any third party making payment/remittances on behalf of any Allottee and such third party shall not have any right in the application/allotment of the said apartment applied for herein in any way and the Promoter shall be issuing the payment receipts in favour of the Allottee only.
4. ADJUSTMENT/APPROPRIATION OF PAYMENTS
The Allottee authorizes the Promoter to adjust/appropriate all payments made by him/her under any head(s) of dues against lawful outstanding, if any, in his/her name as the Promoter may in its sole discretion deem fit and the Allottee undertakes not to object/demand/direct the Promoter to adjust his payments in any manner.
5. TIME IS ESSENCE
Time is of essence for the Promoter as well as the Allottee. The Promoter shall abide by the time schedule for completing the project and handing over the [Apartment/Plot]to the Allottee and the common areas to the association of the allottees after receiving the occupancy certificate. Similarly, the Allottee shall make timely payments of the installment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as provided in Schedule C ( Payment Plan ).
6. CONSTRUCTION OF THE PROJECT/ APARTMENT
The Allottee has seen the specifications of the [Apartment/Plot] and accepted the Payment Plan, floor plans, layout plans [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed by the Master Plan for the area, Zoning Regulations and Andhra Pradesh Building Rules as amended from time to time and shall not have an option to make any variation/alteration/modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.
7. POSSESSION OF THE APARTMENT/PLOT
7.1 Schedule for possession of the said [Apartment/Plot]:
The Promoter agrees and understands that timely delivery of possession of the [Apartment/Plot] is the essence of the Agreement. The Promoter, based on the approved plans and specifications, assures to hand over possession of the [Apartment/Plot] on__________________, unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project ( Force Majeure ). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. After refund of the money paid by the Allottee, Allottee agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
7.2 Procedure for taking possession
The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within 3 (three months from the date of issue of such notice and the Promoter shall give possession of the [Apartment/Plot] to the Allottee. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfillment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be. The Promoter on its behalf shall offer the possession to the Allottee in writing within 45 days of receiving the occupancy certificate of the Project.
7.3 Failure of Allottee to take Possession of [Apartment/Plot]
Upon receiving a written intimation from the Promoter as per clause 7.2, the Allottee shall take possession of the [Apartment/Plot] from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter shall give possession of the [Apartment/Plot] to the allottee. In case the Allottee fails to take possession within the time provided in clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable.
7.4 Possession by the Allottee
After obtaining the occupancy certificate and handing over physical possession of the [Apartment/Plot] to the Allottees, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of the Allottees or the competent authority, as the case may be, as per the local laws.
7.5 Cancellation by Allottee
The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act:
Provided that where the allottee proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of money paid by the allottee shall be returned by the promoter to the allottee within 45 days of such cancellation.
7.6 Compensation
The Promoter shall compensate the Allottee in case of any loss caused to him due to defective title of the land, on which the project is being developed or has been developed, in the manner as provided under the Act and the claim for compensation under this section shall not be barred by limitation provided under any law for the time being in force
Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the [Apartment/Plot] (i) in accordance with the terms of this Agreement, duly completed by the date specified herein; or (ii) due to discontinuance of his business as a developer on account of suspension or revocation of the registration under the Act; or for any other reason; the Promoter shall be liable, on demand to the allottees, in case the Allottee wishes to withdraw from the Project, without prejudice to any other remedy available, to return the total amount received by him in respect of the [Apartment/Plot], with interest at the rate specified in the Rules within 45 days including compensation in the manner as provided under the Act. Provided that where if the Allottee does not intend to withdraw from the Project, the Promoter shall pay the Allottee interest at the rate specified in the Rules for every month of delay, till the handing over of the possession of the [Apartment/Plot].
8. REPRESENTATIONS AND WARRANTIES OF THE PROMOTER
The Promoter hereby represents and warrants to the Allottee as follows:
(i). The [Promoter] has absolute, clear and marketable title with respect to the said Land; the requisite rights to carry out development upon the said Land and absolute, actual, physical and legal possession of the said Land for the Project;
(ii). The Promoter has lawful rights and requisite approvals from the competent Authorities to carry out development of the Project;
(iii). There are no encumbrances upon the said Land or the Project; [in case there are any encumbrances on the land provide details of such encumbrances including any rights, title, interest and name of party in or over such land]
(iv). There are no litigations pending before any Court of law with respect to the said Land, Project or the [Apartment/Plot];
(v). All approvals, licenses and permits issued by the competent authorities with respect to the Project, said Land and [Apartment/Plot] are valid and subsisting and have been obtained by following due process of law. Further, the Promoter has been and shall, at all times, remain to be in compliance with all applicable laws in relation to the Project, said Land, Building and [Apartment/Plot] and common areas;
(vi). The Promoter has the right to enter into this Agreement and has not committed or omitted to perform any act or thing, whereby the right, title and interest of the Allottee created herein, may prejudicially be affected;
(vii). The Promoter has not entered into any agreement for sale and/or development agreement or any other agreement/arrangement with any person or party with respect to the said Land, including the Project and the said [Apartment/Plot] which will, in any manner, affect the rights of Allottee under this Agreement;
(viii). The Promoter confirms that the Promoter is not restricted in any manner whatsoever from selling the said [Apartment/Plot]to the Allottee in the manner contemplated in this Agreement;
(ix). At the time of execution of the conveyance deed the Promoter shall handover lawful, vacant, peaceful, physical possession of the [Apartment/Plot] to the Allottee and the common areas to the Association of the Allottees;
(x). The Schedule Property is not the subject matter of any HUF and that no part thereof is owned by any minor and/or no minor has any right, title and claim over the Schedule Property;
(xi). The Promoter has duly paid and shall continue to pay and discharge all governmental dues, rates, charges and taxes and other monies, levies, impositions, premiums, damages and/or penalties and other outgoings, whatsoever, payable with respect to the said project to the competent Authorities;
(xii). No notice from the Government or any other local body or authority or any legislative enactment, government ordinance, order, notification (including any notice for acquisition or requisition of the said property) has been received by or served upon the Promoter in respect of the said Land and/or the Project.
9. EVENTS OF DEFAULTS AND CONSEQUENCES
9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:
(i). Promoter fails to provide ready to move in possession of the [Apartment/Plot] to the Allottee within the time period specified. For the purpose of this clause, ready to move in possession shall mean that the apartment shall be in a habitable condition which is complete in all respects;
(ii). Discontinuance of the Promoter's business as a developer on account of suspension or revocation of his registration under the provisions of the Act or the rules or regulations made thereunder.
9.2 In case of Default by Promoter under the conditions listed above, Allottee is entitled to the following:
(i). Stop making further payments to Promoter as demanded by the Promoter. If the Allottee stops making payments, the Promoter shall correct the situation by completing the construction milestones and only thereafter the Allottee be required to make the next payment without any penal interest; or
(ii). The Allottee shall have the option of terminating the Agreement in which case the Promoter shall be liable to refund the entire money paid by the Allottee under any head whatsoever towards the purchase of the apartment, along with interest at the rate specified in the Rules and also all the components of Total Price as defined in Clause 1.2 within forty-five days of receiving the termination notice:
Provided that where an Allottee does not intend to withdraw from the project or terminate the Agreement, he shall be paid, by the promoter, interest at the rate specified in the Rules, for every month of delay till the handing over of the possession of the [Apartment/Plot].
9.3 The Allottee shall be considered under a condition of Default, on the occurrence of the following events:
(i). In case the Allottee fails to make payments for ____ consecutive demands made by the Promoter as per the Payment Plan annexed hereto, despite having been issued notice in that regard the allottee shall be liable to pay interest to the promoter on the unpaid amount at the rate specified in the Rules.
(ii). In case of Default by Allottee under the condition listed above continues for a period beyond ____ consecutive months after notice from the Promoter in this regard, the Promoter shall cancel the allotment of the [Apartment/Plot] in favour of the Allottee and refund the amount money paid to him by the allottee by deducting the booking amount and the interest liabilities and this Agreement shall thereupon stand terminated.
10. CONVEYANCE OF THE SAID APARTMENT
The Promoter, on receipt of complete amount of the Price of the [Apartment/Plot] under the Agreement from the Allottee, shall execute a conveyance deed and convey the title of the [Apartment/Plot] together with proportionate indivisible share in the Common Areas within 3 (three) months from the issuance of the occupancy certificate. However, in case the Allottee fails to deposit the stamp duty, registration charges and all other incidental and legal expenses etc. so demanded within the period mentioned in the demand letter, the Allottee authorizes the Promoter to withhold registration of the conveyance deed in his/her favour till full and final settlement of all dues and stamp duty and registration charges to the Promoter is made by the Allottee. The Allottee shall be solely responsible and liable for compliance of the provisions of Indian Stamp Act, 1899 including any actions taken or deficiencies/penalties imposed by the competent authority(ies).
11. MAINTENANCE OF THE SAID BUILDING/APARTMENT/PROJECT
The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the association of the allottees. The cost of such maintenance has been included in the Total Price of the [Apartment/Plot].
[Insert any other clauses in relation to maintenance of project,infrastructure and equipment]
12. DEFECT LIABILITY
It is agreed that in case any structural defect or any other defect in workmanship, quality or provision of services or any other obligations of the Promoter as per the agreement for sale relating to such development is brought to the notice of the Promoter within a period of 5 (five) years by the Allottee from the date of handing over possession, it shall be the duty of the Promoter to rectify such defects without further charge, within 30 (thirty) days, and in the event of Promoter's failure to rectify such defects within such time, the aggrieved Allottees shall be entitled to receive appropriate compensation in the manner as provided under the Act.
13. RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES
The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.
14. RIGHT TO ENTER THE APARTMENT FOR REPAIRS
The Promoter/maintenance agency/association of allottees shall have rights of unrestricted access of all Common Areas, garages and parking spaces for providing necessary maintenance services and the Allottee agrees to permit the association of allottees and/or maintenance agency to enter into the [Apartment/Plot] or any part thereof, after due notice and during the normal working hours, unless the circumstances warrant otherwise, with a view to set right any defect.
15. USAGE
Use of Basement and Service Areas
The basement(s) and service areas, if any, as located within the _____________________(project name), shall be earmarked for purposes such as parking spaces and services including but not limited to electric sub-station, transformer, DG set rooms, underground water tanks, pump rooms, maintenance and service rooms, firefighting pumps and equipment's etc. and other permitted uses as per sanctioned plans. The Allottee shall not be permitted to use the services areas and the basements in any manner whatsoever, other than those earmarked as parking spaces, and the same shall be reserved for use by the association of allottees formed by the Allottees for rendering maintenance services.
16. GENERAL COMPLIANCE WITH RESPECT TO THE APARTMENT
Subject to Clause 12 above, the Allottee shall, after taking possession, be solely responsible to maintain the [Apartment/Plot] at his/her own cost, in good repair and condition and shall not do or suffer to be done anything in or to the Building, or the [Apartment/Plot], or the staircases, lifts, common passages, corridors, circulation areas, atrium or the compound which may be in violation of any laws or rules of any authority or change or alter or make additions to the [Apartment/Plot] and keep the [Apartment/Plot], its walls and partitions, sewers, drains, pipe and appurtenances thereto or belonging thereto, in good and tenantable repair and maintain the same in a fit and proper condition and ensure that the support, shelter etc. of the Building is not in any way damaged or jeopardized. The Allottee further undertakes, assures and guarantees that he/she would not put any sign-board/name-plate, neon light, publicity material or advertisement material etc. on the face/facade of the Building or anywhere on the exterior of the Project, buildings therein or Common Areas. The Allottees shall also not change the colour scheme of the outer walls or painting of the exterior side of the windows or carry out any change in the exterior elevation or design. Further the Allottee shall not store any hazardous or combustible goods in the [Apartment/Plot] or place any heavy material in the common passages or staircase of the Building. The Allottee shall also not remove any wall, including the outer and load bearing wall of the [Apartment/Plot]. The Allottee shall plan and distribute its electrical load in conformity with the electrical systems installed by the Promoter and thereafter the association of allottees and/or maintenance agency appointed by association of allottees. The Allottee shall be responsible for any loss or damages arising out of breach of any of the aforesaid conditions.
17. COMPLIANCE OF LAWS, NOTIFICATIONS ETC. BY ALLOTTEE
The Allottee is entering into this Agreement for the allotment of a [Apartment/Plot] with the full knowledge of all laws, rules, regulations, notifications applicable to the Project in general and this project in particular. That the Allottee hereby undertakes that he/she shall comply with and carry out, from time to time after he/she has taken over for occupation and use the said [Apartment/Plot], all the requirements, requisitions, demands and repairs which are required by any competent Authority in respect of the [Apartment/Plot]/ at his/ her own cost.
18. ADDITIONAL CONSTRUCTIONS
The Promoter undertakes that it has no right to make additions or to put up additional structure(s) anywhere in the Project after the building plan has been approved by the competent authority(ies) except for as provided in the Act.
19. PROMOTER SHALL NOT MORTGAGE OR CREATE A CHARGE
After the Promoter executes this Agreement he shall not mortgage or create a charge on the [Apartment/Plot/Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].
20. ANDHRA PRADESH APARTMENT (PROMOTION OF CONSTRUCTION AND OWNERSHIP) ACT, 1987
The Promoter has assured the Allottees that the project in its entirety is in accordance with the provisions of the Andhra Pradesh Apartment (Promotion of Construction and Ownership) Act, 1987. The Promoter showing compliance of various laws/regulations as applicable in Andhra Pradesh.
21. BINDING EFFECT
Forwarding this Agreement to the Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee until, firstly, the Allottee signs and delivers this Agreement with all the schedules along with the payments due as stipulated in the Payment Plan within 30 (thirty) days from the date of receipt by the Allottee and secondly, appears for registration of the same before the concerned Sub-Registrar as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee and/or appear before the Sub-Registrar for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee for rectifying the default, which if not rectified within 30(thirty) days from the date of its receipt by the Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee in connection therewith including the booking amount shall be returned to the Allottee without any interest or compensation whatsoever.
22. ENTIRE AGREEMENT
This Agreement, along with its schedules, constitutes the entire Agreement between the Parties with respect to the subject matter hereof and supersedes any and all understandings, any other agreements, allotment letter, correspondences, arrangements whether written or oral, if any, between the Parties in regard to the said apartment/plot/building, as the case may be.
23. RIGHT TO AMEND
This Agreement may only be amended through written consent of the Parties.
24. PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE/SUBSEQUENT ALLOTTEES
It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Project shall equally be applicable to and enforceable against any subsequent Allottees of the [Apartment/Plot], in case of a transfer, as the said obligations go along with the [Apartment/Plot] for all intents and purposes.
25. WAIVER NOT A LIMITATION TO ENFORCE
25.1 The Promoter may, at its sole option and discretion, without prejudice to its rights as set out in this Agreement, waive the breach by the Allottee in not making payments as per the Payment Plan including waiving the payment of interest for delayed payment. It is made clear and so agreed by the Allottee that exercise of discretion by the Promoter in the case of one Allottee shall not be construed to be a precedent and/or binding on the Promoter to exercise such discretion in the case of other Allottees.
25.2 Failure on the part of the Promoter to enforce at any time or for any period of time the provisions hereof shall not be construed to be a waiver of any provisions or of the right thereafter to enforce each and every provision.
26. SEVERABILITY
If any provision of this Agreement shall be determined to be void or unenforceable under the Act or the Rules and Regulations made thereunder or under other applicable laws, such provisions of the Agreement shall be deemed amended or deleted in so far as reasonably inconsistent with the purpose of this Agreement and to the extent necessary to conform to Act or the Rules and Regulations made thereunder or the applicable law, as the case may be, and the remaining provisions of this Agreement shall remain valid and enforceable as applicable at the time of execution of this Agreement.
27. METHOD OF CALCULATION OF PROPORTIONATE SHARE WHEREVER REFERRED TO IN THE AGREEMENT
Wherever in this Agreement it is stipulated that the Allottee has to make any payment, in common with other Allottee(s) in Project, the same shall be the proportion which the carpet area of the [Apartment/Plot] bears to the total carpet area of all the [Apartments/Plots] in the Project.
28. FURTHER ASSURANCES
Both Parties agree that they shall execute, acknowledge and deliver to the other such instruments and take such other actions, in additions to the instruments and actions specifically provided for herein, as may be reasonably required in order to effectuate the provisions of this Agreement or of any transaction contemplated herein or to confirm or perfect any right to be created or transferred hereunder or pursuant to any such transaction.
29. PLACE OF EXECUTION
The execution of this Agreement shall be complete only upon its execution by the Promoter through its authorized signatory at the Promoter's Office, or at some other place, which may be mutually agreed between the Promoter and the Allottee, in after ________________the Agreement is duly executed by the Allottee and the Promoter or simultaneously with the execution the said Agreement shall be registered at the office of the Sub-Registrar. Hence this Agreement shall be deemed to have been executed at______________.
30. NOTICES
That all notices to be served on the Allottee and the Promoter as contemplated by this Agreement shall be deemed to have been duly served if sent to the Allottee or the Promoter by Registered Post at their respective addresses specified below:
____________Name of Allottee
____________(Allottee Address)
____________M/s Promoter name
____________(Promoter Address)
It shall be the duty of the Allottee and the Promoter to inform each other of any change in address subsequent to the execution of this Agreement in the above address by Registered Post failing which all communications and letters posted at the above address shall be deemed to have been received by the Promoter or the Allottee, as the case may be.
31. JOINT ALLOTTEES
That in case there are Joint Allottees all communications shall be sent by the Promoter to the Allottee whose name appears first and at the address given by him/her which shall for all intents and purposes to consider as properly served on all the Allottees.
32. GOVERNING LAW
That the rights and obligations of the parties under or arising out of this Agreement shall be construed and enforced in accordance with the laws of India for the time being in force.
33. DISPUTE RESOLUTION
All or any disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion, failing which the same shall be settled through the adjudicating officer appointed under the Act.
[Please insert any other terms and conditions as per the contractual understanding between the parties, however, please ensure that such additional terms and conditions are not in derogation of or inconsistent with the terms and conditions set out above or the Act and the Rules and Regulations made thereunder.]
IN WITNESS WHEREOF parties hereinabove named have set their respective hands and signed this Agreement for sale at (city/town name) in the presence of attesting witness, signing as such on the day first above written.
| SIGNED AND DELIVERED BY THE WITHIN NAMED: |
.png) |
|
| Allottee: (including joint buyers) |
| (1) __________________________________ |
| (2) _________________________________________ |
| At __________________ on____________ in the presence of: |
|
SIGNED AND DELIVERED BY THE WITHIN NAMED:
| Promoter: |
|
| (1)___________________________ |
|
| (Authorised Signatory) |
.png) |
| |
| WITNESSES |
| 1. Signature_________________________ |
| Name________________________ |
| Address_____________ |
| 2. Signature_______________ |
| Name_________________ |
| Address__________________ |
SCHEDULE A Please insert description of the [Apartment/Plot] and the garage/parking (if applicable) along with boundaries in all four directions
SCHEDULE B Floor plan of the apartment
SCHEDULE C Payment plan by the Allottee