- Once allotted and agreement signed, the PRICES
ARE FIRM.
- Cost of Stamp Paper, Registration Charges,
Legal and miscellaneous expenses in connection
with the registration of undivided share in land
are to be borne by the purchaser. In case any
additional stamp duty is claimed by the
registration department that also has to be borne
by the Purchaser.
- Other expenses to be borne by the client
include all Local Tax, Service Tax, Tax on Work
Contract or VAT, as applicable, Kerala Building
Tax, Construction workers Welfare Fund, Provident
Fund contributions or similar social security fund
contribution, if any applicable or made applicable
during the tendency of the contract or after its
completion in relation to this project, other
statutory payments in respect of the construction
work carried out, KSEB Deposit and cabling charges
as specified in the agreement, cost of transformer
and generator (common), the charges for
Extra-Works, if any, sinking fund and monthly
maintenance advance/deposit.
- The plans are not drawn to scale and are
included only for the purpose of identification.
The measurements shown in the plan are indicative
and may vary. Furniture lay-out is only an
indication for space utilization. The elevation
shown in the brochure is artist's expression only
and the actual may vary according to the practical
site conditions. All measurements and
specifications shown in the brochure are subject
to minor variations without specific or general
notice. All such variations/alterations shall be
purely at the discretion of the Builders.
- The area is inclusive of equal share of common
areas and wall thickness.
- Sanctioned Building Plans, title deeds and
other related documents are available in our
office for our reference.
- Monthly maintenance expenses are to be shared
among owners, as decided by the owners
association, which include expenses for the
maintenance of common area, common
amenities/facilities provided,
machinery/equipments provided for the common use
and that of common lighting.
- The maintenance will be carried out by the
Builder till the formation of Owners Association,
which will take over the maintenance. Maintenance
charges are payable by the Owners. Membership in
the association is compulsory and not optional.
Maintenance Deposit/Advance for 12 months is
collected from all the Owners by the Builder and
after appropriating the expenses incurred by the
Builder during the period the maintenance was done
by them, the Builder shall transfer the balance
amount to the Association after its formation.
- Overseas clients should make their payments
through proper banking channels.
- All transactions are subject to Trivandrum
Jurisdiction only.
- This is a time bound project. In case payments
are not made as per agreement signed, the Builder
reserves the right to cancel the allotment, in
which case refund to the client will be made only
after re-allotting the unit to another party and
such refund shall be without any interest and
subject of deduction of expenses and damages.
- Completion and delivery dates are indicated to
give an idea of probable completion of the
project. Every effort will be made to complete and
handover the project within the stipulated time.
The firm/Company is not responsible for any delay
in obtaining water/electricity connection due to
the delay with the concerned departments. However
no responsibility will be accepted for any delay
in completing the project due to unforeseen
circumstances and to obtain service connections
from statutory bodies due to reasons beyond the
control of the Builder.
- Documentation:-
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On allotment,
two agreements will be executed between the
Builder and the Client, one for Sale of
undivided interest in the land and another for
execution of a construction contract to build
an apartment. Though separate considerations
are specified in each agreement, the composite
value of the undivided share in land and that
of the construction contract will be shown in
the payment schedule. Necessary citation to
this effect is given in the agreements. |
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The Sale Deed
for the undivided share in land will be
registered or caused to be registered in the
name of the client by the Builder or the Land
Owner, as the case may be, on receipt of the
entire payment as per the agreements. |
- All payments should be by crossed demand
drafts/local cheques payable at Trivandrum.
- For delayed payments interest will be charged
at the prevailing bank rates.
- The Builder/Marketing Agent reserves the right
to accept or reject any application without
assigning any reason there to.
- This Brochure is only for information and this
does not constitute a legal offer/invitation to an
offer.
- All properties and interiors pictured in the
brochure are for reference and not meant as any
form of package on purchase.
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