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Saturday, January 25, 2025

RERA FAQs

 Here is a concise FAQ format for the MahaRERA website based on your input:


FAQs for MahaRERA Website

I. General FAQs

  1. What are the objectives of the Real Estate (Regulation and Development) Act, 2016?
    The Act aims to:

    • Protect allottees' interests.
    • Increase transparency and reduce fraud.
    • Standardize real estate practices.
    • Balance information symmetry between promoters and allottees.
    • Enforce contracts and establish a fast-track dispute resolution system.
  2. Which areas in Maharashtra are considered Planning Areas under the Act?
    All districts in Maharashtra, as notified under the MR & TP Act.

  3. Does the definition of "promoter" include public bodies?
    Yes, public bodies like Development Authorities and Housing Boards are included if they develop projects for sale.

  4. Is a project with less than 500 sq.mts but more than 8 apartments required to register?
    No, registration is required only for projects exceeding both thresholds.

  5. Does advertisement include solicitation through emails and SMS?
    Yes, all mediums of solicitation, including emails and SMS, are included.

  6. Can projects advertise without registering post-May 1, 2017?
    No, advertisements must include the MahaRERA registration number.

  7. Does the term "allottee" include secondary sales?
    Yes, but it excludes rental transactions and lease agreements.

  8. Is it permissible to sell parking to allottees?

    • Open Parking: Not for sale, considered a common area.
    • Covered Parking and Garages: Permissible for sale.
  9. What are the promoter's obligations for refunds and compensation?
    Section 18 mandates refunds and compensation for delays or project-related issues.

  10. Can a complainant approach both the Regulatory Authority and Consumer Forums for the same issue?
    No, they must choose one forum for redressal.

  11. Is there an additional fee for MahaRERA website services?
    Yes, details are available in the MahaRERA Order on the website.


II. FAQs from the Consumer's Perspective

  1. Do promoters need permissions before registering projects?
    Yes, a Commencement Certificate is mandatory.

  2. What are the penalties for non-registration of a project?

    • Fine: Up to 10% of the project's estimated cost.
    • Continued violation: Fine + imprisonment up to 3 years.
  3. How can buyers verify project registration?
    Through the MahaRERA website and advertisements displaying the registration number.

  4. Is real estate agent registration specific to projects or individuals?
    Agents must register individually or as entities; project-specific agents will be listed.

  5. What penalties do unregistered agents face?
    Daily fines of ₹10,000, up to 5% of the project's cost.

  6. Do promoters provide an undertaking for project completion?
    Yes, with a declaration and affidavit.

  7. How does MahaRERA protect buyers if project registration is revoked?
    Actions are taken under Section 8 to safeguard buyer interests.

  8. Are buyers entitled to interest for delayed possession?
    Yes, as per the agreement, interest is payable for delays.

  9. Is interest payment automatic or complaint-based?
    It should be automatic but may require filing a complaint for grievances.

  10. Is there a ceiling on interest for allottee payment defaults?
    Yes, SBI's highest MCLR + 2% is applicable.

FAQs for Home Buyers and Promoters (Continued)

From Home Buyer's Perspective:

  1. Is there any provision for interim relief to be granted, pending the final adjudication of the complaint?
    Ans: Yes, the procedure to be followed for interim relief is detailed in section 36 of the Act, read with Rule 6(2) of Maharashtra Real Estate (Regulation and Development) (Recovery of Interest, Penalty, Compensation, Fine Payable, Forms of Complaints and Appeal, etc.) Rules, 2017.

  2. Where will the aggrieved home buyer be required to file his complaint?
    Ans: The aggrieved person can file an application online through the format provided on the MahaRERA website.

  3. On what grounds can the home buyer file a complaint?
    Ans: An aggrieved person can file a complaint for any violation or contravention of the provisions of the Act or the Rules or Regulations made thereunder.

  4. Who would decide the complaints?
    Ans: As per Regulation 24 of Maharashtra Real Estate Regulatory Authority (General) Regulations 2017, MahaRERA may appoint a single bench (Chairperson or a Member) for adjudicating complaints on specific matters.

  5. Is there any pecuniary jurisdiction for complaint handling authorities?
    Ans: No, but geographical jurisdiction may be specified for the Chairperson or members of MahaRERA.

  6. Is there any time limit prescribed for disposal of complaints?
    Ans: As per Section 29 of the Act, complaints should be disposed of as expeditiously as possible, but not later than 60 days from filing. If not possible, reasons must be recorded.

  7. If the buyer wants to file a complaint in Consumer Court, is there any bar under the Act?
    Ans: No. Civil courts are barred, but consumer forums (National, State, or District) are not, as per Section 79 of the Act. Complaints can be withdrawn from consumer forums and filed with the adjudicating officer for issues under sections 12, 14, 18, and 19.

  8. Is there an appeal against orders given by MahaRERA? What is the time limit? What are the fees?
    Ans: Yes, any person aggrieved can file an appeal before the Appellate Tribunal within 60 days, as per Rule 9 of Maharashtra Real Estate (Regulation and Development) Rules, 2017.

  9. Is there a time limit prescribed for the promoter for the formation of society or other legal entities for home buyers?
    Ans: Yes, the promoter must enable formation of a legal entity (e.g., cooperative society) within three months after 51% of the total number of buyers have booked their apartment.

  10. Is there a time limit prescribed for the promoter to execute conveyance in favor of the association of buyers?
    Ans: Yes, the promoter must execute a registered conveyance deed within three months from the issuance of the occupancy certificate or when 51% of the buyers have paid full consideration, whichever is earlier.

From Promoter's Perspective:

  1. How does the Act Impact Joint Promoters or Joint Venture Agreements?
    Ans: Both the promoter and the landlord (or any party benefiting from the project) are considered Co-Promoters and must comply with the provisions of the Act and related regulations.

  2. How does the promoter make an application for registration?
    Ans: From 1st May 2017, MahaRERA introduced an online registration application. Promoters must fill out the required forms, upload necessary documents, and pay the fees.

  3. Is it compulsory for the promoter to register the project immediately after getting sanctioned approvals?
    Ans: Yes, promoters must register the project before any advertising, marketing, booking, or selling of plots, apartments, or buildings.

  4. Will ongoing projects have to stop sales or construction until receiving registration?
    Ans: Yes, after 90 days from the notification of Section 3 of the Act, promoters must register ongoing projects to continue selling or marketing any properties.

  5. Can the promoter change the completion date for ongoing projects while registering?
    Ans: Yes, the promoter can provide a revised completion date based on the progress of development during registration.

  6. If an ongoing project is registered under MahaRERA, will the Act apply to the entire project or only units sold after registration?
    Ans: The registration applies to the entire project or phase, and the provisions of the Act will apply to all units within that registered project or phase.

  7. Can an allottee who executed an agreement with the promoter before registration file a complaint with MahaRERA?
    Ans: Yes, MahaRERA can adjudicate complaints from allottees who entered agreements before registration, as long as there are violations or contraventions of the provisions of the Act.

  8. Can the promoter change the plans of subsequent phases after registering the first phase?
    Ans: Yes, but the promoter needs the consent of all allottees in the current phase to change the plans. Consent is required for changes in registered phases as per Section 14 of the Act.

  9. If the promoter needs to change the plans of an ongoing project post-registration, will he need the consent of the pre-registration purchasers?
    Ans: Yes, the consent of all pre-registration allottees is required to change the plans post-registration.

  10. What should the promoter commit to the customer for the registered phase, given that common amenities are handed over after subsequent phases?
    Ans: The promoter must clearly declare the date of possession and completion for the registered phase, including the common areas and amenities for that phase.

  11. Is insurance of the project compulsory? What are the provisions regarding insurance?
    Ans: Yes, insurance is compulsory once the State Government issues a notification. The promoter must insure the project and provide documentation to the association of allottees when formed.

  12. Can project finance taken by promoters from financial institutions be withdrawn from the designated 70% account?
    Ans: Yes, as per Section 4 of the Act, the money withdrawn from the 70% account must be used for construction-related expenses, subject to the provisions of the Maharashtra Real Estate Rules.

  13. In case of joint development with a landowner on a revenue share basis, can the landowner’s share be withdrawn from the designated account?
    Ans: Yes, as both the promoter and landowner are co-promoters, the withdrawal of money will be governed by Section 4 of the Act and Maharashtra Real Estate Rules, 2017.

  14. Are amounts collected from allottees, such as for stamp duty, parking, maintenance, etc., required to be deposited in the designated 70% account?
    Ans: Yes, these amounts are part of the project cost and should be deposited in the designated 70% account.

  15. When does the promoter need to form society, association, etc.?
    Ans: The promoter must ensure that an association of allottees is formed within three months after 51% of allottees have booked their apartment.

  16. If government policy changes and the promoter is entitled to additional FSI, can he build additional floors in a registered ongoing project?
    Ans: Yes, but the promoter needs to obtain consent from all allottees for such changes in the plans, as per Section 14 of the Act.

  17. Does MahaRERA recognize the Maharashtra Ownership Flats Act and Apartment Ownership Act?
    Ans: Yes, these Acts have not been repealed. However, in case of conflicting provisions, the provisions of the Central Act shall prevail.

  18. What happens if the promoter does not receive a response to the application for registration? How will the ID and password be provided?
    Ans: As per the Act, in case of deemed registration, MahaRERA will provide the registration number within seven days.

  19. How will the Act, Rules, and Regulations affect the advertisement of projects with many phases?
    Ans: The promoter can only advertise or sell a phase that has been registered. They cannot advertise or sell amenities or facilities for subsequent unregistered phases.

  20. What if the promoter purchases adjoining land? Can the same registration be continued?
    Ans: No, the adjoining land must be separately registered if it was not part of the original project.

  21. What should the promoter do if a particular brand...
    (Answer to be continued based on further details from the document.)

These FAQs are designed to assist both home buyers and promoters in understanding the regulations and procedures under the Maharashtra Real Estate Regulatory Authority (MahaRERA) and the Real Estate (Regulation and Development) Act.

Thursday, January 23, 2025

Convert Agreement

 1 | P a g e 

PROMOTER PURCHASER/S 

SAI PLATINUM  

***Agreement for Sale*** 

 

This Agreement is entered into at Panvel, on ________this ______ Day of 

_________Month, year 2025. 

Between 

M/S PARADISE SUPERSTRUCTURES, a registered Partnership Firm, PAN : 

AAQFP7752A, having Registered office at Amit Ashiana, near Bhaji Market Gol 

Maidan Ulhasnagar-421002 and Corporate office at 1701, Satra Plaza, Plot no 19 & 

20 Sector 19D Vashi Navi Mumbai - 400703, through its Designated Partner Shri 

Amit Bathija Indian Inhabitant hereinafter referred to as "Promoter" (which 

expression shall unless it be repugnant to the context or meaning thereof shall deem 

to mean and include the Partner or Partners for the time being of the said firm, their 

survivor or survivors, heirs, executors, administrators and assigns of such last 

survivor) of the First Part; 

AND 

MR. SHHARAD PAL having (PAN - BEJPP9624P), And MRS. SAKSHI DHANGAR 

W/O MR. SHHARAD PAL having (PAN – CDDPD9126N) both adult/s, both Indian 

Inhabitant/s, both currently residing at FLAT NO. 202, WING-A, SIMRAN 

SAPPHIRE, SECTOR-34C, KHARGHAR, NAVI MUMBAI - 410210, Permanant 

address is MIG 562, NEW BARSI, DURG (C.G.), DURG, CHHATTISGARH – 

491001, hereinafter referred to as the "Allottee/s" (which expression shall unless it 

be repugnant to the context or meaning thereof shall deem to mean and include 

his/her/their respective legal heirs, executors, administrators, assigns and nominee) 

of the Second Part.


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PROMOTER PURCHASER/S 

WHEREAS: 

 

A. M/s Blue Circle Infratech, a partnership firm, registered under Indian 

Partnership Act-1932, are the Owners and possess all rights, title and interest and 

are sufficiently entitled to and in possession of all that piece and parcel of land 

admeasuring in aggregate about 3340 Sq. Mtrs or thereabouts situated at Village – 

Rohinjan, Taluka – Panvel, Dist.- Raigad more particularly described in “First 

Schedule” (the “Said Land”). A Layout of the said land is appended hereto and is 

marked as “Annexure-1”. A copy of 7/12 extract is appended hereto as “Annexure-

2”. 

 

B. Owners have granted exclusive development rights of the said land to the 

Promoter vide Development Agreement dated: 05/03/2024 which is registered with 

the sub-registrar of assurance Panvel - 4 at serial no PVL- 4- 4312 - 2024.  

 

 

C. The Promoter is in the process of developing the said Land by constructing 

thereon residential and commercial units as per provisions of UDCPR notified by the 

Government of Maharashtra. The Total permissible built up / FSI area is 15915.30 

Sq. Mtrs on the Plot area admeasuring 3340 Sq. Mtrs as per table 6G of UDCPR. 

 

D. The Dy. Director of Town Planning Panvel Municipal Corporation has granted 

Commencement Certificate for the development of the said land vide letter dated 

20/11/2023 bearing Serial no. PMC/TP/Rohinjan/93/1/21-23/16353/3293/2023. 

As per the said Commencement Certificate, the promoter is entitled to construct and 

sell commercial and residential units for built up area admeasuring 7998.81 Sq. 

Mtrs consisting of (Basement 1 + basement 2 + Ground (Commercial) +1st Podium + 

2nd to 17 residential floors) out of total permissible built up / FSI area of 15915.30 

Sq. Mtrs. A copy of the said commencement Certificate is annexed and marked 

hereto as “Annexure-3”. 

 

 

E. The Promotor will procure TDR required for obtaining approval of balance built 

up area and then apply to the Panvel Municipal Corporation for issuance of further 

CC for constructing the building up to 33 floors in near future. 

 

F. The Promoter has also obtained the sanction of the amenities to be provided in 

the said entire project which is listed in Second Schedule appended hereto.  

 

 

G. The Promoter has provided right of way /access in perpetuity to the adjoining 

lands and/or third party from the said Land/ said Entire Project. The Promoter has 

also provided internal roads in the said Entire Project. The details of right of 

way/access roads and internal roads have been verified by Allottee/s and the 

Allottee/s has given his consent in respect thereof.  


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PROMOTER PURCHASER/S 

H. The Promoter has commenced construction of buildings sanctioned by 

authority (the “said project”). The said project is more particularly described in 

“Third Schedule”.  

 

 

I. The Promoter has upon request, given inspection to the Allottee/s of all the 

documents of title including copies of Agreements, Development Permissions and 

Commencement Certificate ‘Certificate of Title” in respect of said land issued by UK 

JURIS Advocates (appended hereto as “Annexure-4” and of such other documents as 

mentioned in the recitals herein. In addition, the Allottee/s has perused the 

‘Architect Certificate’ and drawing certifying the carpet area of the shops/offices 

along-with limited common area. Besides a copy of all such documents are available 

at the site office and is available for verification by the Allottee/s after giving a 

reasonable notice.  

 

J. The Promoter has appointed M/s Spaceage Consultants as Liasioning 

Architect having their office at Natraj Building 1st Floor Mulund Goregaon Link Road 

Mulund Mumbai-400080 and M/s Hiten Sethi Architects as Design Architect having 

their office at Ground Floor Yayati building Palm Beach Road Nerul Navi Mumbai 

both registered with the council of Architect. 

 

 

K. The Promoter have appointed Structural Engineers M/s Structural Concept 

Designs Pvt Ltd. having address at 803 Maithili’s Signet, plot no 39/4 Sector 30A, 

Vashi Navi Mumbai for the preparation of the structural design and drawings of the 

building. 

 

L. The Promoter has accepted the professional supervision of the Architect and 

the Structural Engineer till the completion of the building. 

 

 

M. The Promoter has expressed its intention to dispose of the units to be 

constructed in the said project on outright sale to the prospective buyers. The 

Allottee/s has satisfied himself/herself/themselves with all documents mentioned 

herein above. 

 

N. The Allottee/s applied to the Promoters vide request letter dated 21-01-2025 

for reservation of FLAT NO. 601, 2 BHK, admeasuring appx. carpet area of 59.75 

Sq. Mtrs. as per the Real Estate (Regulation and Development Act, 2016, (hereinafter 

referred to as “Said Flat/Unit”) on “6TH” floor in residential Building named as “SAI 

PLATINUM” tower in the said project marked in shaded area in the Floor Plan 

annexed hereto as Annexure- 5 which is more particularly described in “ Fourth 

Schedule”. 

 

 

O. The total consideration of the said flat is mutually agreed at Rs. 

1,10,75,000/- (RUPEES ONE CRORE TEN LAKHS SEVENTY-FIVE THOUSAND

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PROMOTER PURCHASER/S 

ONLY) besides taxes and sum as mentioned herein. At and before the execution of 

these present the Allottee/s has paid to the Promoter a sum of Rs. 1,00,000/- 

(RUPEES ONE LAKH ONLY) being “booking advance” of the said Flat/Unit agreed to 

be sold by the Promoter to the Allottee/s the receipt whereof the Promoters do hereby 

admit and acknowledge. The Promoter has accordingly issued a reservation letter 

dated 22-01-2025 to the Allottee/s. The Allottee/s has agreed to pay to the Promoter 

balance consideration in the manner hereafter appearing. 

 

P. The Promoter has accepted the proposal of the Allottee/s to transfer the said 

Flat/Unit in the said project on outright sale to the Allottee/s at the price and on the 

terms and conditions hereinafter appearing. 

 

 

Q. The Promoter has registered the Project under the provisions of the Real 

Estate Regulatory Authority under Registration No. P52000055718; 

Authenticated copy of certificate of registration is appended hereto as “Annexure-6”.  

 

NOW THIS AGREEMENT WITNESSES AND IT IS HEREBY AGREED BETWEEN 

THE PARTIES AS FOLLOWS: 

1. PROJECT: 

1.1. The Promoter therefore develop the SAI PLATINUM project in accordance with 

the plans, designs, specifications approved by the competent authority from 

time to time with such variations or as may be required by the competent 

authority or the Government. 

 

1.2. The Promoter have informed the Allottee/s and the Allottee/s is aware that the 

Promoter has commenced construction of the project as mentioned in this 

agreement. 

 

1.3. The Promoter shall obtain prior consent in writing of the Allottee/s in respect of 

variations or modifications which may adversely affect the Apartment of the 

Allottee/s except any alteration or addition required by any Government 

authorities or due to change in law. 

 

1.4. The Allottee/s hereby agrees to give all the facilities and assistance that the 

Promoter may require from time to time, but at the costs and expenses of the 

Promoter so as to enable the Promoter to complete the development of Sai  

Platinum in the manner that may be determined by the Promoter. 

 

2. DESCRIPTION OF SAID FLAT/UNIT: 

 

2.1. The Allottee/s agrees to purchase from Promoter and Promoter agree to sell to 

the Allottee/s FLAT NO. 601, 2 BHK, admeasuring carpet area as defined in 

the RERA Act 2016 and MAHARERA RULES 2017 of 59.75 Sq. Mtrs. on “6TH”


5 | P a g e 

PROMOTER PURCHASER/S 

floor, as shown in the floor plan hereto annexed and marked as Annexure -5. 

The said Flat/Unit is more particularly described in “Fourth Schedule”.  

 

2.2. The Allottee/s agrees to purchase from Promoter and Promoter agrees to sell to 

the Allottee/s the additional usable area as per approved plan such as, 1.83 sq. 

mtrs. of Dry Balcony Area. 

 

2.3. Therefore, the gross usable area of the Flat/Unit shall be aggregate of carpet area 

and additional usable area i. e: 61.58 Sq. Mtrs (662.847 sq. ft).  

 

 

2.4. The fixtures, fittings, and amenities to be provided by the Promoter in the said 

Flat/Unit and the said building are those that are mentioned in the “Annexure 

7” appended hereto. The Promoter shall not accept any request from the 

Allottee/s for making any changes in the amenities to be provided by the 

Promoter. 

 

3. RESERVATION FOR CAR PARKING: 

3.1. At the request of the Allottee/s, NIL CAR PARKING Space in the project has been 

reserved. The Allottee/s will utilize the said car parking for his/her/ their 

personal use. The location and other details viz. car parking number shall be 

intimated at the time of handing over of possession of the said Flat/Unit. 

 

3.2. The Allottee/s shall not be allowed to allot/transfer/let-out said car parking 

space to any outsider/visitor i.e., other than the Flat/Unit Allottee/s of said 

Flat/Unit. 

 

3.3. The said car parking space must be used only for the purpose of parking motor 

vehicle and not for any other purpose. 

 

3.4. Allottee/s shall keep the said car parking space as shown in the sanctioned plan 

of said project and shall not enclose or cover it in any manner. 

 

3.5. The society shall finally ratify the reservation of such car parking in its first 

meeting at the time of handover by the Promoter. 

 

 

4. CONSIDERATION AND SCHEDULE OF PAYMENT: 

4.1 The Allottee/s shall pay a consideration of Rs. 1,10,75,000/- (RUPEES ONE 

CRORE TEN LAKHS SEVENTY-FIVE THOUSAND ONLY) (hereinafter 

referred to as “said consideration”) for purchase of Said Flat/Unit. The said 

consideration amount includes electricity meter charges, water connection 

charges and documentation charges but does not include the taxes and other 

statutory payments.  

4.2 The Allottee/s has negotiated the said consideration by offering to pay in the 

manner as has been described in the Payment Schedule appended herewith and 

marked as Annexure -8 which has been accepted by the Promoter.

6 | P a g e 

PROMOTER PURCHASER/S 

4.3 All payment shall be made by the Allottee/s by drawing cheque/ DD in the name 

of “PARADISE SUPERSTRUCTURES”. 

4.4 The Allottee/s shall be liable to deduct tax at source on the payments made at 

the prevalent rate, if applicable and furnish a TDS certificate to the Promoter 

within 07 days of such deduction made. Provided that the receipt for the 

payment made shall be issued by the Promoter only after the bank instrument is 

cleared and the funds mentioned therein reaches the stated bank account of the 

Promoter or in the account as Promoter subsequently intimated to the Allottee/s 

and the TDS certificate if applicable is received by the Promoter.  

4.5 The Allottee/s has made a payment of Rs. 1,00,000/- (RUPEES ONE LAKH 

ONLY) towards booking of said Flat/Unit. Receipt of the same is issued to the 

Allottee/s.  

 

5. PAYMENT OF STATUTORY DUES AND TAXES: 

 

5.1 In addition to the Consideration of said Flat/Unit the Allottee/s shall pay to 

Promoter any statutory taxes (as made applicable or amended from time to time) 

like GST, or any other charges, levy, tax, duty by whatever name called, if made 

applicable under any law by the government on this transaction. Such payment 

shall be made by the Allottee/s at the time of execution of these presents or at 

the time of making each payment as per the provisions of law. The payments of 

taxes and GST shall be made in the name of “Paradise Superstructures”. 

  

5.2 The cost of valuation report charges and other out of pocket expenses on this 

transaction shall be borne by the Allottee/s. Further, the Allottee/s shall take 

immediate steps to get this deed registered under the Registration Act, 1908 by 

making payment of stamp duty and registration charges. The Promoter 

undertakes to make themselves available through authorized representative for 

purpose of registration at ‘fifteen (15) days notice’ from Allottee/s. The Promoter 

will not be liable under any law for any delay, laches and / or negligence shown 

by the Allottee/s in presenting this agreement for registration before the 

competent authority. 

 

5.3 The Allottee/s has paid proportionate GST on installment amount and 

agreement value at prevalent rates and rules and regulations through separate 

cheque. The Developer hereby acknowledge the receipt hereof. 

 

6. NOTICE OF DEMAND: 

 

6.1 Timely payment of all the above installments/amount and statutory payments 

on their respective due dates is the essence of this Agreement. The possession of 

the said Flat/Unit will be handed over to Allottee/s by the Promoter only upon 

receipt of all payment including taxes and other charges. 


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PROMOTER PURCHASER/S 

6.2 Upon the installment becoming due, the Promoter shall issue a notice of 

demand giving at least 7 days’ time from date of notice to Allottee/s for making 

the payment. The said notice of demand must be accompanied by certificate 

from the project architect certifying the satisfactory completion of the stage of 

work for which the payment is due. 

 

6.3 Notice of demand must be sent through Registered Post Acknowledgement Due 

(RPAD)/ Speed post at the address mentioned in notice clause of this 

agreement or any other address if formally communicated earlier and such 

dispatch will be treated as sufficient compliance from Promoter. Thereafter they 

cannot claim non receipt of the notice of demand. 

 

 

7. RESTRICTIVE COVENANT: 

 

7.1. Nothing contained in this Agreement is intended to be nor shall be construed 

as a grant, demise, or assignment in law of the said Flat/Unit in favour of 

Allottee/s unless all amounts as agreed upon in this agreement is paid by the 

Allottee/s to the Promoter and unless this agreement is duly stamped under 

the Maharashtra stamp Act and registered under the Registration Act, 1908. 

 

7.2. The Allottee/s shall have no claim save and except in respect of the said 

Flat/Unit hereby agreed to be sold to him. All open space, parking spaces, 

lobbies, staircases, terraces, recreation spaces etc. will remain the property of 

the Promoter until the said land is conveyed to the Confederation. 

 

7.3. The Allottee/s shall neither have any claim on the other part of said land which 

is to be developed in subsequent phases nor in the common amenities open 

spaces, internal and external development. All the spaces and land shall be 

conveyed to confederation of the societies after the entire project is ready for 

Occupation.  

 

8. INTEREST: 

 

8.1. If the Promoter fails to abide by the time schedule for completing the project 

and handing over the Apartment to the Allottee/s, the Promoter agrees to pay 

to the Allottee/s, who does not intend to withdraw from the project, interest as 

specified in the Rule, on all the amounts paid by the Allottee/s, for every 

month of delay, till the handing over of the possession. 

 

8.2. The Allottee/s agrees to pay to the Promoter, interest as specified in the Rule, 

on all the delayed payment which become due and payable by the Allottee/s to 

the Promoter under the terms of this Agreement from the date the said amount 

is payable by the Allottee/s to the Promoter. 

 

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PROMOTER PURCHASER/S 

9. TERMINATION OF THIS AGREEMENT: 

 

9.1 Without prejudice to the right of promoter to charge interest in terms of sub 

clause 8.2 above, on the Allottee/s committing default in payment on due date 

of any amount due and payable by the Allottee/s to the Promoter under this 

Agreement (including his/her proportionate share of taxes levied by concerned 

local authority and other outgoings) and on the Allottee/s committing three 

defaults of payment of instalments, the Promoter shall at his own option, may 

terminate this Agreement: 

 

9.2 Provided that, Promoter shall give notice of fifteen days in writing to the 

Allottee/s, by Registered Post AD at the address provided by the Allottee/s and 

mail at the e-mail address provided by the Allottee/s, of his intention to 

terminate this Agreement and of the specific breach or breaches of terms and 

conditions in respect of which it is intended to terminate the Agreement. If the 

Allottee/s fails to rectify the breach or breaches mentioned by the Promoter 

within the period of notice then at the end of such notice period, promoter shall 

be entitled to terminate this Agreement. 

 

9.3 Upon termination of this Agreement, the Promoter shall refund the 

installments of sale price of the Flat/Unit (subject to adjustment of 25% of 

payments received till that date as liquidated damages and service charge) 

which may till then have been paid by the Allottee/s. Such refund shall be 

issued within a period of thirty days (30) or signing of the 

cancellation/termination deed. 

 

9.4 The Promoter shall also move for expulsion of the Allottee/s from the 

membership of the society as per by laws of the society and submit a copy of 

termination notice to such society. No separate consent of Allottee/s will be 

required for such expulsion. 

 

9.5 Upon intimation of termination of this Agreement the Promoter, will be at 

liberty to dispose of and sell the Flat/Unit to such person and at such price as 

the Promoter may think fit. 

 

9.6 Upon such termination the Allottee/s shall not raise any objection. The 

Promoter is entitled to register the cancellation deed with the registrar without 

requirement of execution from Allottee/s. 

 

9.7 The Promoter is not liable to refund the taxes and other statutory charges 

collected from the Allottee/s till the date of termination of the agreement. 

 

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PROMOTER PURCHASER/S 

9.8 The Promoter may at its option approach the authority under RERA for 

seeking appropriate order for cancellation of this Agreement. 

 

10. DECLARATION BY THE PROMOTERS: 

10.1 The Promoter shall perform and comply with all the terms, conditions, 

stipulations, and restrictions if any, which may have been imposed by the 

Competent Authority and the concerned local authorities at the time of 

sanctioning the said plans or thereafter and shall, before handing over 

possession of the premises to the Allottee/s, apply to the concerned local 

authority for occupation and completion certificate in respect of the Flat/Unit 

and obtain the said certificate as per the provisions of law. 

 

10.2 The Promoter has also provided common internal roads in the Project. 

 

10.3 The Project amenities are being developed along with the whole project. The 

building would be completed and handed over to respective society. The 

amenities would be handed over to the confederation once whole project is 

complete and said land is conveyed to the confederation. The Allottee/s is 

entitled to use the amenities as and when they are completed introspective of 

formal handing over to confederation provided the Allottee/s has become the 

member of society and has taken possession of is Flat/Unit. 

 

10.4 The Promoter is entitled to use different design, brand, shape, size, and color 

material than that mentioned in the Second Schedule in the event the supply 

of promised material is withdrawn by the supplier or for any other reason. The 

Promoter undertakes and assures that it will use only good and standard 

quality material and close to the quality of material and of such specification as 

mentioned in the list of amenities. 

 

VARIATION CAP OF 3%: 

 

10.5 The carpet area of the said Flat/Unit may vary up to 3% due to design and 

construction exigencies and therefore, the Promoter shall confirm the final 

carpet area of the Apartment that has been allotted to the Allottee/s after the 

construction of the said 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, subject to a variation cap of 3% (three) percent. In the 

event of there being difference of more than 3% between the actual carpet area 

of the said Flat/Unit from the carpet area as mentioned herein at the time of 

the offering the possession of the said Flat/Unit, then the Consideration shall 

be either proportionately reduced or increased accordingly (without interest 

thereon). The Allottee/s agrees to pay the differential amounts, if the area is 

increased beyond 3% within forty-five (45) days of such demand being made by 

the Promoter. If there is any reduction in the carpet area within the defined

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PROMOTER PURCHASER/S 

limit, then Promoter shall refund the excess money (without any interest) paid 

by Allottee/s within forty-five days from such demand being made by the 

Allottee/s. If there is any increase in the carpet area of the said Flat/Unit 

allotted to Allottee/s, the Promoter shall demand additional amount from the 

Allottee/s as per the next milestone of the Payment Plan or thereafter as the 

case may be and the Allottee/s shall pay such additional amounts within a 

period of forty-five (45) days from the date of such demand being made by the 

Promoter. However, it is expressly clarified that no adjustment will be made to 

the Total Consideration if the difference between the actual carpet area of the 

said Apartment and the carpet area as mentioned herein is less than or equal 

to 3%. In all situations the adjustment of consideration shall be made before 

handing over possession of said Flat/Unit to Allottee/s. 

 

DEFECT LIABILITY PERIOD: 

 

10.6 If any structural defects of workmanship quality or provision of service is 

discovered within five years of handing over the possession of the said Flat/Unit 

to Allottee/s, then, wherever possible such defects shall be rectified by the 

Promoter at his own cost and in case it is not possible to rectify such defects, 

then the Allottee/s shall be entitled to receive from the Promoter, compensation 

for such defects in the manner as provided under the Act. This warranty is 

applicable only if after occupying the Flat/Unit the Allottee/s maintains the 

Flat/Unit in the same condition as it was handed over to him by the Promoter. 

In case he makes any changes like shifting of the walls, doors, windows and 

their grills, bedrooms, kitchen bathrooms, enclosing balconies flower bed, 

extending rooms, changing floors, plumbing systems, electrical wiring, sanitary 

systems and fitting, fixing falls ceiling or doing any work affecting and damaging 

the columns and/ or beams of the building, or damaging the stability of the 

structure of the building, intentionally or due to negligence, with or without the 

permission of the competent authority and/or society or association, this 

warranty shall stand lapsed. Further, in the following cases where the Allottee/s 

(i) Installs air conditioners on the external walls haphazardly which may 

destabilize the structure (ii) Allottee/s and/or its tenants load heavy luggage in 

the lift (iii) Damage any portion of the neighbor’s Flat/Unit or common area by 

drilling or hammering etc. and (iv) Does not follow the conditions mentioned in 

the maintenance manual, the aforesaid warranty given by the Promoters shall 

not be invocable. 

 

11. DECLARATION BY THE ALLOTTEE/S: 

 

11.1 The Allottee/s has verified the various documents mentioned in this agreement 

including title search report of the said larger land and is satisfied that the 

Promoter has absolute, clear, developable, and marketable title to the said land.  


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PROMOTER PURCHASER/S 

11.2 The Allottee/s hereby declares that he shall not in any case interfere/obstruct 

with the development activity undertaken in respect of said project SAI 

PLATINUM and also more particularly for the said Flat/Unit. 

 

11.3 The Allottee/s shall use the said Flat/Unit or any part thereof or permit the 

same to be used for purpose of residence and / or permitted professional 

activities. The Allottee/s shall neither claim any exclusive right, title, or interest 

on its proportionate share of undivided common space & amenities provided by 

the Promoter nor claim any division or subdivision of such common area. 

 

11.4 If Allottee/s wishes to make a site visit during development, prior written 

permission from the Promoter is necessary. Promoter shall not be responsible 

for any accident or mishap that may happen on site either to Allottee/s or to 

any of his family members or friends. 

 

11.5 The Allottee/s hereby assures, undertake, and guarantee that the Allottee/s 

shall not in any case interfere, cause nuisance, obstruct, stop or in any way 

hamper with the ‘right of way/ easement’ granted to the adjacent land from the 

portion of said larger land. 

 

11.6 The Allottee/s shall make timely payment/ or the demand raised by Promoter. 

In case of default in payment, the Allottee/s shall remedy the default within 

prescribed period. The Allottee/s shall not object the cancellation of this 

agreement if the default continues.  

 

 

11.7 The Allottee/s shall not interfere with use of amenities in SAI PLATINUM. 

 

11.8 It is agreed that the said entire project has been named “SAI PLATINUM” and 

that neither the acquirers of premises in the building nor the Society / Body 

Corporate/ Promoter, shall be entitled to change the said name in any manner 

whatsoever. 

 

 

11.9 The Promoter will be entitled to place Neon Sign and Boards for branding of 

“Paradise Group” and “Sai Platinum” at strategic places in the entire project. 

The Promoter shall be entitled to place Display Screens in the common 

lobby/spaces of the building in the Project for marketing of the projects 

promoted by the Paradise group. The Promoter shall ensure separate electric 

meter for the said purpose and the changes for such meter and maintenance of 

such neon sign / boards shall be borne by the Promoter. The Allottee/s assures 

that it shall not object to such neon sign and boards at any time. The Allottee/s 

shall obtain “No Objection Certificate” and “No Dues Certificate” from Promoter 

to transfer the right, title, and interest in respect of the said Flat/Unit to third 

party during course of construction of said project or before possession of said 

Flat/Unit to Allottee/s whichever is later. Without obtaining the said certificates 

any document executed by Allottee/s in the name of third party shall be treated 

as ‘void-ab-initio’.


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PROMOTER PURCHASER/S 

 

12. DATE OF POSSESSION: 

 

The Promoter shall give possession of the Flat/Unit to the Allottee/s on or 

before 30th December 2030 subject to receipt and realization of all the amounts 

payable by the Allottee/s under this Agreement. 

 

13. FORCE MAJEURE: 

The Promoter will be entitled to reasonable extension of time for giving 

possession of Flat/Unit on the aforesaid date, if the completion of 

building in which the Flat/Unit is situated, is delayed on account of. 

i) war, flood, drought, fire, cyclone, earthquake, or any other calamity caused 

by nature affecting the Sai Platinum. 

ii) Any notice, order, rule, notification of Government and/or other public 

or competent authority/ court.  

 

14. PROCEDURE FOR TAKING POSSESSION: 

 

14.1 The Promoter upon obtaining the occupancy certificate from the 

competent Authority and the payment made by the Allottee/s as per the 

agreement the Promoter shall offer in writing the possession of the said 

Flat/Unit to the Allottee/s in terms of this agreement to be taken within 

3 (Three months’ time) from date of issue of such notice). The Promoter 

on its behalf shall offer the possession to the Allottee/s in writing within 

7 days of receiving the occupancy certificate of the Project. 

 

14.2 The Allottee/s agree(s) to pay the maintenance charges as determined by 

the Promoter or association of Allottee/s, as the case may be, his/her/ 

their proportionate share in the consumption of electricity and water if 

sourced from alternate source in the intervening period. after receiving 

offer in writing to take Possession. 

 

14.3 The Promoter agrees and undertakes to indemnify the Allottee/s in case 

of failure of fulfilment of any of the provisions, formalities, documentation 

on part of the Promoter. 

 

14.4 The Allottee/s must pay all outstanding dues including the taxes and 

other statutory payment before claiming possession of the said Flat/Unit. 

The Promoter shall if required, separately execute a registered 

conveyance deed in favour of the Allottee/s for transfer of title in respect 

of said Flat/Unit at the time of handing over the possession at the cost of 

Allottee/s. 


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PROMOTER PURCHASER/S 

15. UNDERSTANDING BETWEEN THE PARTIES: 

 

         The Promoter and the Allottee/s also agree to the following: 

15.1 The Allottee/s shall be permitted/ allowed to commence interior works in 

the said Flat/Unit only upon obtaining Occupancy Certificate/Part 

Occupation Certificate and possession letter from the Promoter and after 

making all payments as per this agreement. Prior to carrying out the 

interior works in the said Flat/Unit, the Allottee/s shall give to Promoter, 

in writing the details of the nature of interior works to be carried out. 

 

15.2 Promoter shall be entitled to inspect all interior works carried out by the 

Allottee/s. In the event Promoter finds that the nature of interior work 

being executed by the Allottee/s is harmful to the said Flat/Unit or to the 

structure, facade and/or elevation of the said Building then, Promoter 

can instruct the Allottee/s to stop such interior work and the Allottee/s 

shall stop such interior work at once, without raising any dispute. 

 

15.3 The Allottee/s will ensure that the debris from the interior works shall be 

dumped in an area earmarked for the same and will be cleared by the 

Allottee/s, on a daily basis, at no cost to Promoter and no nuisance or 

annoyance to the other Allottee/s. All costs and consequences in this 

regard will be to the account of the Allottee/s. 

 

15.4 The Allottee/s will further ensure that the contractors and workers 

(whether engaged by the Allottee/s) during execution of the interior work 

do not dump any material (waste or otherwise) of whatsoever nature 

either in the toilet, wastewater line or soil line or in any other place other 

than those earmarked for the same, which may block the free flow of 

wastewater, thus resulting in perennial choking and leakage in the said 

Flat/Unit or the Building. 

 

15.5 The Allottee/s shall ensure that the contractors and workers do not use 

or spoil the toilets in the said Flat/Unit or in the building and use only 

the toilets earmarked by Promoter for this purpose. 

 

15.6 All materials brought into the said Flat/Unit for carrying out interior 

works will be at the sole cost, safety, security, and consequence of the 

Allottee/s, and that Promoter will not be held responsible for any 

loss/theft/damage to the same. 


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PROMOTER PURCHASER/S 

15.7 If during the course of carrying out interior works, any workmen sustain 

injuries of whatsoever nature, the same will be insured and taken care of, 

attended to, and treated by the Allottee/s at his/her/their/its own cost, 

and that Promoter will not be held responsible for the same. All liabilities 

and damages arising out of such injury will be borne and paid by the 

Allottee/s alone. 

 

15.8 During the execution of interior works, if any of the Allottee/s contractor 

/ workmen / agents / representatives misbehaves or is found to be in a 

drunken state, then the said contractor / workmen / agents / 

representatives will be removed forthwith and will not be allowed to re-

enter the said Flat/Unit and the building. Further, the Allottee/s shall be 

responsible for acts of such persons. 

 

15.9 The Allottee/s shall extend full cooperation to Promoter, their agents, 

contractors to ensure good governance of such interior works. The 

Allottee/s shall ensure that common passages/ walkways and any other 

common areas are not obstructed or damaged during the course of 

carrying out any works or thereafter. 

 

15.10 The Allottee/s ensures that the contractors hired by the Allottee/s shall 

not use lift for the purpose of carrying the materials of interior work and 

if any damages are caused due to same it shall be repaired and brought 

to its original condition by the Allottee/s at their own expense within 30 

days of written notice from the Promoter. 

 

16. FORMATION OF SOCIETY: 

  

16.1 The Promoter may apply for the formation and registration of a Society 

(the “said society”) within the prescribed time limit under the MAHA 

RERA. 

 

16.2 The Allottee/s shall for this purpose sign and execute the application for 

registration and/or membership and other papers and documents 

necessary for the formation and the registration of said Society and for 

becoming a member, including the byelaws of the said Society. These 

documents duly filled in and signed must be returned to the Promoter 

within 7 days of the same being forwarded by the Promoter to the 

Allottee/s, so as to enable the Promoter to register the said Society as per 

the provisions of Maharashtra Co-operative Societies Act, 1960 or any

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PROMOTER PURCHASER/S 

other prevalent law. The Promoter will not be liable if the Allottee/s 

delays in signing and handing over relevant documents to the Promoter. 

To become a member of the said society the Allottee/s must pay all sum 

and take possession of the said Flat/Unit.  

 

16.3 The Allottee/s shall observe and perform all the rules and regulations 

which the Society or the Confederation may adopt at its inception and the 

additions, alterations, or amendments thereof that may be made from 

time to time for protection and maintenance of the said building and the 

Apartments therein and for the observance and performance of the 

Building Rules, Regulations and Byelaws for the time being of the 

concerned local authority and of Government and other public bodies. 

The Allottee/s shall also observe and perform all the stipulations and 

conditions laid down by the Society/Limited Company/Apex 

Body/Federation regarding the occupancy and use of the Apartment in 

the Building and shall pay and contribute regularly and punctually 

towards the taxes, expenses, or other out-goings in accordance with the 

terms of this Agreement. 

 

16.4 The Allottee/s shall be liable to be expelled from the said society if the 

Allottee/s defaults in making timely payments or violates this deed in any 

manner. For such expulsion, the termination letter from Promoter shall 

be sufficient document.  

 

16.5 Till a conveyance of the project land on which the building in which 

Apartment is situated is executed in favour of Apex Body or 

Confederation, the Allottee/s shall permit the Promoter and their 

surveyors and agents, with or without workmen and others, at all 

reasonable times, to enter into and upon the project land or any part 

thereof to view and examine the state and condition thereof. 

 

16.6 The Allottee has to pay an amount of Rs. 25,000/- (RUPEES TWENTY-

FIVE THOUSAND ONLY) Excluding GST towards Society formation 

charges as and when demanded by the Promoter before registration of 

Society.  

 

17. CONVEYANCE: 

 

17.1 The Promoter shall within three months (3) of receipt of occupancy certificate 

from competent authority or any other authority and receipt of complete 

amount of the said consideration, subject to promoter’s rights to dispose of


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PROMOTER PURCHASER/S 

unsold flats/units/parking’s execute Conveyance of the building premises in 

the favour of the said society.  

 

17.2 The Promoter shall convey the said land to the confederation within three 

months of the last building receiving the Occupancy Certificate in the last 

Phase after utilizing the entire potential FSI of the said entire land. 

 

17.3 The said land specified in First Schedule along with common amenities 

as specified in Second Schedule shall be conveyed to the confederation 

upon completion of the SAI PLATINUM. However, the Allottee/s may 

enjoy the common amenities as and when they are ready. 

 

17.4 The cost of conveyance of said land to confederation shall be borne by the 

confederation and the Allottee/s shall come forward to accept conveyance 

of said land in the name of confederation formed within two months’ time 

of receiving intimation for such conveyance from the Promoter. This 

amount is not included in agreement value and shall be calculated and 

informed to the members of the confederation after Occupancy 

Certificate.  

 

18. MAINTENANCE DEPOSIT:  

 

18.1 Commencing a week after notice in writing is given by the Promoter to the 

Allottee/s that the said Flat/Unit is ready for use and occupation, the 

Allottee/s shall be liable for proportionate share of outgoings in respect of 

said land for water charges, insurance, common lights, repairs, salaries, 

property tax if any, security, sweepers, and all other expense necessary 

and incidental to the maintenance of the said land. Such proportionate 

share of expense shall be calculated on the basis of area of the said 

Flat/Unit plus the additional area attached to the said Flat/Unit i.e., 

gross usable area vis a vis total gross usable area of said project. 

 

18.2 The Allottee/s shall pay to the Promoter at the time of possession, an 

advance maintenance for twelve months aggregating to Rs. 2,00,000/- 

(RUPEES TWO LAKH ONLY) For 2 BHK Excluding GST or any other 

taxes or the amount as may be decided by the Promoter at the time of 

possession as “common maintenance charges” for the upkeep and 

maintenance of the said Project building. The Allottee/s shall draw 

Cheque/ Demand Draft/ Managers Cheque in the name of “Paradise 

Superstructures” maintained in the Bank as decided by the Promoter. 

The amounts so paid by the Allottee/s to the Promoter shall not carry

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PROMOTER PURCHASER/S 

any interest and remain with the Promoter until the building is conveyed 

to the Society as aforesaid. 

 

18.3 The Allottee/s shall bear and pay monthly maintenance charges directly 

to the Society after the handing over of the building to the respective 

societies. 

 

18.4 In addition to the advance maintenance of the said Project, the Allottee/s 

shall also pay to the Promoter in advance seven postdated Cheque 

(PDC’s) for an amount of Rs. 2,00,000/- (RUPEES TWO LAKH ONLY) 

For 2 BHK Excluding GST or any other taxes or the amount as may be 

decided by the Promoter at the time of possession each for initial period 

of seven years towards the common maintenance charges like electricity 

of common areas, security, property tax, maintenance of common areas, 

salaries for areas other than for said project (the “federation charges”) 

until conveyance of SAI PLATINUM is executed in favor of the 

confederation of society. The Allottee/s shall draw Cheque/ Demand 

Draft/ Managers Cheque in the name of “Paradise Superstructures” in 

the Bank as decided by the Promoter. The amounts so paid by the 

Allottee/s to the Promoter shall not carry any interest and remain with 

the Promoter until a conveyance is executed in favor of the Confederation 

as aforesaid. The Allottee/s shall ensure that the above PDC’s are cleared 

on their respective dates. In the event of default, the Allottee/s shall be 

liable to pay interest at prescribed rate as per prevalent law for the period 

of default. 

 

18.5 The Allottee/s shall pay such contribution as mentioned in 18.2 and 18.4 

above at the time of taking possession and shall not withhold the same 

for any reason whatsoever. 

 

18.6 The Promoter will convey the Sai Platinum to confederation only after all 

out standings and arrears along with interest has been received by it 

from confederation. 

 

19. UNSOLD FLAT/UNITS IN SAID PROJECT: 

 

19.1 The Promoter shall be inducted as a member of said society for unsold 

Flat/Units upon conveyance to society.  

 

19.2 The Promoter is entitled to sell the unsold Flat/Units in said project 

without any separate permission or consent of said society. The Promoter

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PROMOTER PURCHASER/S 

may mortgage the unsold Flat/Units of the said project with the financial 

institutions without any separate NOC from said society. 

 

19.3 The Allottee/s or said society shall not be entitled to demand any transfer 

charge for the transfer of unsold Flat/Unit by the Promoter to prospective 

Allottee/s. 

 

19.4 The prospective Allottee/s of unsold Flat/Units will be inducted as a 

member of the said society and no objection shall be raised by the said 

society or the Allottee/s herein.  

 

19.5 The Promoter is entitled to retain at least one parking for each unsold flat 

in the said project and Allottee/s/society/confederation shall not raise 

any objection or create any hindrance in the enjoyment of said parking 

by the promoter. 

 

20. POST POSSESSION OBLIGATIONS OF ALLOTTEE/S: 

 

20.1 The Allottee/s himself/themselves with intention to bring all persons into 

whosoever hands the said Flat/Unit may come, do hereby covenant with 

the Promoter as follows: - 

 

20.2 To maintain the said Flat/Unit at Allottee/s own cost in good tenantable 

repaired condition from the date of possession of the said Flat/Unit is 

taken and shall not do or suffered to be done anything in or to the 

building or to the exterior or elevation of the building in which the said 

Flat/Unit is situated, staircase or any passages which may be against the 

rules, regulations or bye-laws or concerned local or any other authority 

or change/alter or make addition in or to the building in which the said 

Flat/Unit is situated and the said Flat/Unit itself or any part thereof.   

 

20.3 Not to store in the said Flat/Unit any goods which are of hazardous, 

combustible or dangerous nature or are so heavy as to damage the 

construction or structure of the building in which the said Flat/Unit is 

situated or storing of which goods is objected to by the concerned local or 

other authority and shall not carry or caused to be carried heavy 

packages to upper floors which may damage or are likely to damage the 

staircases, common passages or any other structure of the building in 

which the said Flat/Unit is situated. In case any damage is caused to the 

building in which the said Flat/Unit is situated, on account of negligence


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PROMOTER PURCHASER/S 

or default of the Allottee/s in this behalf, the Allottee/s shall be liable for 

the consequences of the breach. 

 

20.4 To carry out at his own cost all internal repairs to the said Flat/Unit and 

maintain the said Flat/Unit in the same conditions, state, and order in 

which it was delivered by the Promoter to the Allottee/s and shall not do 

or suffering to be done anything in or to the building in which the said 

Flat/Unit is situated or the said Flat/Unit which may be given in the 

rules and regulations and byelaws of the concerned local authority or 

other public authority. And in the event of the Allottee/s committing any 

act in contravention of the above provision, the Allottee/s shall be 

responsible and liable for the consequences thereof to the concerned local 

authority and/or other public authority. 

 

20.5 Not to demolish or cause to be demolished the said Flat/Unit or any part 

thereof, nor at any time make or cause to be made any addition or 

alteration of whatever nature in or to the said Flat/Unit or any part 

thereof, nor any alteration in the elevation and outside color scheme of 

the said project in which the said Flat/Unit is situated and shall keep the 

portion/sewers, drains pipes in the said Flat/Unit and appurtenances 

thereto in good tenantable repair condition, and in particular, so as to 

support shelter and protect the other parts of the project in which the 

said Flat/Unit is situated and shall not chisel or in any other manner 

cause damage to columns, beams, walls, slabs or RCC or other structural 

components in the said Flat/Unit without the prior written permission of 

the Promoter and/ or the Society, as the case may be. 

 

20.6 Not to do or permit to be done any act or thing which may tender void or 

voidable any insurance of the said property and the said project in which 

the said Flat/Unit is situated or any part thereof or whereby any 

increased premium shall become payable in respect of the insurance. 

 

20.7 Not to throw dirt, rubbish, rags, garbage, or other refuse or permit the 

same to be thrown from the said Flat/Unit in the compound or any 

portion of the said property and the building in which the said Flat/Unit 

is situated.  

 

20.8 To bear and pay increase in local taxes, water charges, insurance, and 

such other levies, if any, which are imposed by the concerned local 

authority and/or government and/or other public authority, on account

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PROMOTER PURCHASER/S 

of change of user of the said Flat/Unit by the Allottee/s viz. for any 

purposes other than for residential purpose. 

 

20.9 The Allottee/s shall not let, sub-let transfer, assign or part with his/their 

interest or benefit obtained under this Agreement or part with the 

possession of the said Flat/Unit unless it has obtained a ‘No Dues 

Certificate’ letter from Promoter. The Promoter to issue such Certificate if 

all the dues payable by the Allottee/s to the Promoter under this 

Agreement are fully paid up and if the Allottee/s has not been guilty of 

breach of or non-observance of any of the terms and conditions of this 

Agreement and until the Allottee/s has requested in writing to the 

Promoter. Any transaction of let, sub – let, transfer, assign, sale without 

obtaining ‘No Due Certificate’ from Promoter shall be void – ab – initio.  

 

20.10 The Allottee/s shall observe and follow all the rules and regulations 

which the Society may adopt at its inception and the additions, 

alterations, or amendments thereof that may be made from time to time 

for protection and maintenance of the said building and the said 

Flat/Units therein as also observe and follow the building rules, 

regulations and byelaws for the time being, of the concerned local 

authority, the Government, and other public bodies. The Allottee/s shall 

also observe and follow all the stipulations and conditions laid down by 

the Society regarding the occupation and use of the said Flat/Unit in the 

building and shall pay and contribute regularly and punctually towards 

the taxes, expenses, or other out-goings in accordance with the terms of 

this Agreement.  

 

20.11 Till a conveyance of said land and all building in the said project is 

executed the Allottee/s shall permit the Promoter and their surveyors 

and agents, with or without workmen and others, at all reasonable times, 

to enter into and upon the said land and buildings or any part thereof to 

view and examine the state and conditions thereof, but only after prior 

notice. 

 

21. AMENDMENT: 

No amendments and/or modifications of any of the provisions of this 

agreement shall be effective unless made in writing specifically referring 

to this agreement and duly signed by the parties hereto. 

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PROMOTER PURCHASER/S 

22. MORTGAGE OF LAND FOR CONSTRUCTION LOAN: 

 

The Allottee/s hereby gives his/her/their consent to the Promoters to 

raise any loan against the said project or unsold Flat/Units under 

construction and to mortgage the same with any bank or bankers or any 

other financial institutions if required in future. Any such loan liability 

shall be cleared by the Promoters at their own expenses on or before 

conveyance of land to the Confederation. However, the Promoter shall not 

create any mortgage on the sold Flat/Unit after registration of this 

agreement. 

 

23. ALLOTTEE/S UNDERTAKING: 

 

23.1 The Allottee/s shall present this Agreement at the proper registration 

office for registration within the time limit prescribed by the Registration 

Act and the Promoter will attend such office and admit execution thereof, 

upon intimation from Allottee/s. 

 

23.2 All the provisions contained herein and the obligations arising hereunder 

in respect of said Project shall equally be applicable to and enforceable 

against any subsequent Allottee/s of the said Flat/Unit, in case of a 

transfer, as the said obligations go along with the said Flat/Unit for all 

intents and purposes. 

 

24. WAIVER NOT A LIMITATION TO ENFORCE: 

 

24.1 The Promoter may, without prejudice to its rights as set out in this 

Agreement, waive the delay in 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/s that exercise of discretion by the 

Promoter in the case of one Allottee/s will not be construed to be a 

precedent and /or binding on the Promoter to exercise such discretion in 

the case of other Allottee/s.  

 

24.2 Failure on the part of the Promoter to enforce at any time or for any 

period of time the provisions hereof will not be construed to be a waiver of 

any provisions or of the right thereafter to enforce each and every 

provision. 

 

 

24.3 Any delay tolerated or indulgence shown by the Promoter in enforcing the 

terms of this Agreement or any forbearance or giving of time to the 

Allottee/s by the Promoter will not be construed as a waiver on the part


22 | P a g e 

PROMOTER PURCHASER/S 

of the Promoter of any breach or non-compliance of any of the terms and 

conditions of this Agreement by the Allottee/s nor will the same in any 

manner prejudice the rights of the Promoter. 

 

25. BINDING EFFECT:  

Forwarding this Agreement to the Allottee/s by the Promoter does not 

create a binding obligation on the part of the Promoter or the Allottee/s 

until, firstly, the Allottee/s 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/s. 

Secondly, the parties appear for registration of the same before the 

concerned Sub Registrar as and when intimated by the Allottee/s. 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/s 

and/or register this agreement, the Promoter shall serve a notice to the 

Allottee/s for rectifying the default, which if not rectified within 30(thirty) 

days from the date of its receipt by the Allottee/s, application of the 

Allottee/s shall be treated as cancelled and all sums deposited by the 

Allottee/s in connection therewith including the booking amount shall be 

returned to the Allottee without any interest or compensation whatsoever.  

 

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 there 

under 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 there under 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. FURTHER ASSURANCES: 

 

Both Parties agree that they shall execute, acknowledge a 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

23 | P a g e 

PROMOTER PURCHASER/S 

perfect any right to be created or transferred hereunder or pursuant to 

any such transaction. 

 

28. DISPUTE RESOLUTION:  

Any dispute between parties shall be settled amicably. In case of failure 

to settle the dispute amicably, which shall be referred to the MahaRERA 

Authority as per the provisions of the Real Estate (Regulation and 

Development) Act, 2016, Rules and Regulations, thereunder.  

 

29. 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. 

 

30. NOTICE: 

All notices to be served on the Allottee/s and the Promoter as 

contemplated by this Agreement shall be deemed to have been duly 

served if sent to the Allottee/s and the Promoter, by Registered Post A.D. 

at his/her address specified below: - 

 

Name & Address of Allottee/s: - 

MR. SHHARAD PAL  

MRS. SAKSHI DHANGAR W/O MR. SHHARAD PAL  

currently residing at FLAT NO. 202, WING-A,  

SIMRAN SAPPHIRE, SECTOR-34C, KHARGHAR,  

NAVI MUMBAI - 410210,  

Permanant address is MIG 562, NEW BARSI,  

DURG (C.G.), DURG, CHHATTISGARH – 491001 

Address of Promoter: - 

PARADISE SUPERSTRUCTURES, 

1701 Satra Plaza Sector 19 D Palm Beach Road 

Vashi Navi Mumbai-400705 

Upon handing over of the possession of the Flat/Unit to the Allottee/s 

under this agreement, all the notices on the Allottee/s shall be served at 

the address of Flat/Unit handed over to the Allottee/s under this 

agreement. 

 

In case there are Joint Allottee/s all communications shall be sent by the 

Promoter to the Allottee/s whose name appears first and at the address

24 | P a g e 

PROMOTER PURCHASER/S 

given by him/her which shall for all intents and purposes to consider as 

properly served on all the Allottee/s. 

 

31. COMPLIANCE OF LAWS RELATING TO REMITTANCES: 

31.1 The Allottee/s, 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 there under 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 fulfil 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/s 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. 

 

31.2 The Promoter accepts no responsibility in this regard. The Allottee/s shall keep 

the Promoter fully indemnified and harmless in this regard. Whenever there is 

any change in the residential status of the Allottee/s subsequent to the signing 

of this Agreement, it shall be the sole responsibility of the Allottee/s 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/s 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/s 

only.  

 

 

32. JURISDICTION: 

All disputes concerning this agreement shall be subject to the jurisdiction of 

courts in Panvel. 

 

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PROMOTER PURCHASER/S 

 

FIRST SCHEDULE 

THE SAID LAND 

All those pieces or parcels of larger land bearing Survey No. 93/1 situated, 

lying and being at village Rohinjan, Taluka Panvel, District Raigad admeasuring 

about 3340 sq. metres,  

  And bounded as under: 

  North : Survey no 94 East : CIDCO land 

  South : 32 Meter road West : Survey no 93/2+4 

 

SECOND SCHEDULE 

Common Amenities in the project  

❖ GROUP SEATING 

❖ GAZEBO 

❖ SWIMMING POOL  

❖ WORLD-CLASS FIXTURES & FITTINGS 

❖ TUITION ROOMS  

❖ PARTY LAWN 

❖ LIBRARY ROOM 

❖ PERFORMANCE STAGE 

❖ SURVEILLANCE CAMERAS 

❖ INTERCOMS & VIDEO DOORS 

❖ 24X7 SECURITY PERSONNEL'S  

❖ LARGE SCULPTURE 

❖ KIDS PLAY ZONE 

❖ INDOOR GAME AREA 

❖ MEDITATION AREA 

❖ AIR CONDITION GYMNASIUM  

❖ JOGGING TRACK 

 

THIRD SCHEDULE 

SAID PROJECT 

                      Residential cum Commercial building named as SAI PLATINUM. 

 

FOURTH SCHEDULE 

SAID FLAT/UNIT 

FLAT NO. 601, 2 BHK admeasuring carpet area of 59.75 Sq. Mtrs. on “6TH” 

floor, in the building of housing project to be known as “SAI PLATINUM”, 

additional usable areas and facilities as per approved plan such as 1.83 Sq. 

Mtrs Dry Balcony area (the 1.83 Sq. Mtrs. “Additional Usable Area”) (“61.58 

Sq. Mtrs.” of gross usable area i.e total of carpet area of the Unit and 

additional usable area of the Unit) in the said Flat/Unit.  

 

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PROMOTER PURCHASER/S 

List of Annexures: 

 

1. Project lay out plan  

2. 7/12 extract of said land 

3. Commencement Certificate 

4. Title Certificate  

5. Floor Layout Plan 

6. Registration Certificate 

7. Amenities in the said Flat/Unit 

8. Payment Schedule. 

 

ANNEXURE 7 

INTERNAL FLAT AMENITIES FOR “SAI PLATINUM” 

 

❖ BIG SIZE VITRIFIED TILES IN LIVING, DINNING AND PASSAGE AREA 

❖ VITRIFIED TILES IN KITCHEN AND COMMON BEDROOM 

❖ EUROPEAN WOODEN FLOORING IN MASTER BED ROOM. 

❖ GRANITE KITCHEN PLATFORM WITH SERVICE PLATFORM 

❖ 4 / 3 BURNER GAS HOB, EXHAUST CHIMNEY 

❖ WATER PURIFIER & GEYSER FOR HOT WATER AT KITCHEN SINK 

❖ EXHAUST FAN IN KITCHEN WINDOW 

❖ SHOWER PANEL IN MASTER BEDROOMS 

❖ BRANDED GEYSER IN BATHROOMS. 

❖ DESIGNER BATHROOM WITH BRANDED SANITARY WARE & FIXTURES 

❖ T. V., TELEPHONE & INTERNET POINTS IN ALL ROOMS. 

❖ CONCEALED PLUMBING WITH PREMIUM QUALITY C. P. FITTING 

❖ BRANDED CONCEALED COPPER WIRING WITH MCB / ELCB 

❖ ATTRACTIVE MAIN DOOR WITH ELEGANT BIG HANDLES & NIGHT 

LATCH 

❖ PREMIUM QUALITY PLASTIC PAINTS ON INTERIOR WALLS. 

❖ AMPLE ELECTRICAL POINTS & MODULAR SWITCHES 

❖ MARBLE & GRANITE WINDOW SILL WITH HALF ROUND MOULDING / 

POLISHED 

❖ GYPSUM FINISHED INTERNAL WALLS 

❖ VIDEO DOOR SECURITY SYSTEMS IN EACH FLAT WITH CAMERAS

 

 

 

 

 




Agreement

 Agreement for Sale


यह समझौता इस दिनांक को पनवेल में किया गया है, महीने, वर्ष 2025।

पक्षकारों के बीच

पहला पक्ष:

M/S PARADISE SUPERSTRUCTURES, एक पंजीकृत साझेदारी फर्म, PAN: AAQFP7752A, जिसका पंजीकृत कार्यालय अमित आशियाना, भाजी मार्केट, गोल मैदान, उल्हासनगर-421002 में है, और कॉर्पोरेट कार्यालय 1701, सत्रा प्लाजा, प्लॉट नंबर 19 और 20, सेक्टर 19डी, वाशी, नवी मुंबई-400703 में है, और इसके नामित भागीदार श्री अमित बथिजा, भारतीय निवासी, जो आगे "प्रमोटर" कहलाएंगे (इस शब्द का अर्थ समयानुसार उस फर्म के साझेदार या उनके उत्तराधिकारी, वारिस, निष्पादक, प्रशासक और नामित व्यक्ति भी हो सकते हैं)।

दूसरा पक्ष:

श्री शरद पाल (PAN: BEJPP9624P) और श्रीमती साक्षी धनगर, श्री शरद पाल की पत्नी (PAN: CDDPD9126N), दोनों वयस्क भारतीय निवासी, जो वर्तमान में फ्लैट नंबर 202, विंग-ए, सिमरन सैफायर, सेक्टर-34सी, खारघर, नवी मुंबई-410210 में रहते हैं। इनका स्थायी पता है MIG 562, न्यू बारसी, दुर्ग (छ.ग.), दुर्ग, छत्तीसगढ़-491001, जो आगे "आवंटी" कहलाएंगे (इस शब्द का अर्थ समयानुसार उनके उत्तराधिकारी, निष्पादक, प्रशासक, नामित व्यक्ति और वारिस भी हो सकते हैं)।

WHEREAS (जहां तक):

1. भूमि का स्वामित्व और अधिकार:

M/s Blue Circle Infratech, जो भारतीय साझेदारी अधिनियम, 1932 के अंतर्गत पंजीकृत साझेदारी फर्म है, भूमि के मालिक हैं। यह भूमि, जो कुल मिलाकर लगभग 3340 वर्ग मीटर क्षेत्र में फैली हुई है, ग्राम - रोहिंजन, तालुका - पनवेल, जिला - रायगढ़ में स्थित है। इसे "पहली अनुसूची" में विस्तृत रूप से वर्णित किया गया है। भूमि का लेआउट "अनुलग्नक-1" के रूप में शामिल है, और 7/12 का नक्शा "अनुलग्नक-2" के रूप में संलग्न है।

2. विकास अधिकार:

मालिकों ने उक्त भूमि के अनन्य विकास अधिकार प्रमोटर को "विकास समझौता" दिनांक 05/03/2024 के तहत प्रदान किए हैं। यह समझौता पनवेल के सब-रजिस्ट्रार कार्यालय में क्रमांक PVL-4-4312-2024 के तहत पंजीकृत है।

3. विकास कार्य:

प्रमोटर उक्त भूमि पर आवासीय और व्यावसायिक इकाइयों का निर्माण कर रहे हैं। महाराष्ट्र सरकार द्वारा अधिसूचित UDCPR के प्रावधानों के अनुसार कुल अनुमत निर्मित क्षेत्र/FSI क्षेत्र 15915.30 वर्ग मीटर है। परियोजना का भूखंड क्षेत्र 3340 वर्ग मीटर है।

4. कार्य आरंभ प्रमाणपत्र (Commencement Certificate):

पनवेल नगर निगम के उप-नगर नियोजन निदेशक ने दिनांक 20/11/2023 को पत्र क्रमांक PMC/TP/Rohinjan/93/1/21-23/16353/3293/2023 के तहत उक्त भूमि के विकास के लिए प्रारंभ प्रमाणपत्र जारी किया है। प्रमोटर को 7998.81 वर्ग मीटर निर्मित क्षेत्र के लिए (बेसमेंट 1 + बेसमेंट 2 + ग्राउंड फ्लोर (व्यावसायिक) + 1 पॉडियम + 2 से 17 आवासीय मंजिलें) निर्माण और बिक्री का अधिकार दिया गया है।

5. आगामी निर्माण की योजना:

प्रमोटर शेष निर्मित क्षेत्र के लिए TDR प्राप्त करेंगे और फिर पनवेल नगर निगम से 33 मंजिल तक निर्माण के लिए CC प्राप्त करने का आवेदन करेंगे।

6. सुविधाएं:

प्रमोटर ने पूरे प्रोजेक्ट में प्रदान की जाने वाली सुविधाओं को मंजूरी प्राप्त कर ली है। यह सुविधाएं "दूसरी अनुसूची" में विस्तृत हैं।

7. भूखंड पर अधिकार:

प्रमोटर ने तीसरे पक्षों को परियोजना के आंतरिक सड़कों और पहुंच मार्गों का स्थायी अधिकार प्रदान किया है। आवंटी ने इन अधिकारों का निरीक्षण कर सहमति दी है।

8. परियोजना की स्थिति:

प्रमोटर ने "तीसरी अनुसूची" में वर्णित परियोजना का निर्माण कार्य शुरू कर दिया है।

9. दस्तावेज़ों की जांच:

आवंटी ने सभी प्रासंगिक दस्तावेज़ों का निरीक्षण किया है, जिनमें शीर्षक प्रमाणपत्र, विकास अनुमति और प्रारंभ प्रमाणपत्र शामिल हैं।

10. विशेषज्ञों की नियुक्ति:

प्रमोटर ने निम्नलिखित पेशेवरों को परियोजना के विभिन्न पहलुओं के लिए नियुक्त किया है:

लायजिनिंग आर्किटेक्ट: M/s Spaceage Consultants

डिज़ाइन आर्किटेक्ट: M/s Hiten Sethi Architects

संरचनात्मक इंजीनियर: M/s Structural Concept Designs Pvt Ltd


FLAT DETAILS (फ्लैट का विवरण):

1. आवंटी का आवेदन:

आवंटी ने प्रमोटर को दिनांक 21-01-2025 को एक आवेदन पत्र के माध्यम से फ्लैट नंबर 601, 2 बीएचके, जिसमें लगभग 59.75 वर्ग मीटर का कालीन क्षेत्र है, आरक्षित करने का अनुरोध किया। यह फ्लैट "साई प्लेटिनम" नामक आवासीय भवन की "छठी" मंजिल पर स्थित है। इसका विवरण "चौथी अनुसूची" में दिया गया है।

2. कुल विचार राशि:

इस फ्लैट की कुल कीमत रुपये 1,10,75,000/- (रुपए एक करोड़ दस लाख पचहत्तर हजार मात्र) है। इस राशि में कर और अन्य शुल्क शामिल नहीं हैं।

3. बुकिंग राशि:

समझौते के अनुसार, आवंटी ने बुकिंग के समय प्रमोटर को रुपये 1,00,000/- (रुपए एक लाख मात्र) का अग्रिम भुगतान किया। प्रमोटर ने इस राशि की प्राप्ति की पुष्टि की है और दिनांक 22-01-2025 को एक आरक्षण पत्र जारी किया है।

4. विक्रय का प्रस्ताव:

प्रमोटर ने आवंटी को उपरोक्त फ्लैट को सहमति शर्तों और कीमत पर स्थानांतरित करने का प्रस्ताव स्वीकार किया है।

5. परियोजना का पंजीकरण:

प्रमोटर ने परियोजना को रियल एस्टेट नियामक प्राधिकरण (RERA) के तहत पंजीकृत किया है। इस परियोजना का पंजीकरण क्रमांक P52000055718 है। प्रमाणपत्र की सत्यापित प्रति "अनुलग्नक-6" में सम्मिलित है।

NOW THIS AGREEMENT WITNESSES (अब यह समझौता निम्नलिखित को प्रमाणित करता है):

1. परियोजना का विकास:

प्रमोटर "साई प्लेटिनम" परियोजना को सभी प्राधिकरणों द्वारा समय-समय पर अनुमोदित डिज़ाइन, योजना और विनिर्देशों के अनुसार विकसित करेगा।

2. संशोधन और परिवर्तन:

आवंटी की लिखित सहमति के बिना, प्रमोटर आवंटी के फ्लैट को प्रतिकूल रूप से प्रभावित करने वाले किसी भी संशोधन या परिवर्तन को लागू नहीं करेगा।

3. सहयोग:

आवंटी सभी आवश्यक सहायता प्रदान करने के लिए सहमत है, जिससे प्रमोटर परियोजना को निर्धारित तरीके से पूरा कर सके।


DESCRIPTION OF SAID FLAT/UNIT (फ्लैट/यूनिट का विवरण):

1. फ्लैट का विवरण:

आवंटी फ्लैट नंबर 601, 2 बीएचके, कालीन क्षेत्र 59.75 वर्ग मीटर (जैसा कि RERA अधिनियम, 2016 और महारेरा नियम, 2017 में परिभाषित किया गया है) खरीदने के लिए सहमत है।

2. अतिरिक्त उपयोग योग्य क्षेत्र:

फ्लैट में 1.83 वर्ग मीटर का सूखा बालकनी क्षेत्र भी शामिल है, जिससे फ्लैट का कुल उपयोग क्षेत्र 61.58 वर्ग मीटर हो जाता है।

3. सुविधाएं और फिक्सचर:

फ्लैट में उपलब्ध सुविधाएं 

और फिक्सचर "अनुलग्नक-7" में विस्तृत रूप से वर्णित हैं।

CAR PARKING RESERVATION (कार पार्किंग आरक्षण):

1. कार पार्किंग की जानकारी:

आवंटी के अनुरोध पर परियोजना में कोई कार पार्किंग स्थान आरक्षित नहीं किया गया है।

2. उपयोग की शर्तें:

आवंटी परियोजना के कार पार्किंग स्थान का उपयोग केवल अपने व्यक्तिगत उपयोग के लिए करेगा। यह स्थान किसी बाहरी व्यक्ति या आगंतुक को आवंटित/स्थानांतरित/भाड़े पर नहीं दिया जा सकता।

3. उपयोग की सीमा:

आवंटी इस स्थान का उपयोग केवल मोटर वाहन पार्क करने के लिए करेगा, और किसी अन्य उद्देश्य के लिए इसका उपयोग नहीं किया जाएगा।

4. संरचना में बदलाव:

आवंटी को इस पार्किंग स्थान को अनुमोदित योजना के अनुसार ही रखना होगा और इसे किसी भी प्रकार से बंद या कवर नहीं कर सकता।

5. समिति की पुष्टि:

सोसायटी इस कार पार्किंग आरक्षण की पुष्टि अपनी पहली बैठक में करेगी जब प्रमोटर सोसायटी को प्रोजेक्ट सौंपेगा।

CONSIDERATION AND PAYMENT SCHEDULE (विचार राशि और भुगतान अनुसूची):

1. विचार राशि:

फ्लैट की कुल विचार राशि रुपये 1,10,75,000/- (रुपए एक करोड़ दस लाख पचहत्तर हजार मात्र) है। इस राशि में बिजली मीटर शुल्क, जल कनेक्शन शुल्क और प्रलेखन शुल्क शामिल हैं, लेकिन कर और अन्य वैधानिक भुगतान शामिल नहीं हैं।

2. भुगतान की विधि:

सभी भुगतान चेक/ड्राफ्ट के माध्यम से "PARADISE SUPERSTRUCTURES" के नाम पर किए जाएंगे।

3. TDS कटौती:

यदि लागू हो, तो आवंटी भुगतान पर स्रोत पर कर (TDS) काटने के लिए उत्तरदायी होगा और प्रमोटर को कटौती का प्रमाण पत्र प्रदान करेगा।

4. बुकिंग राशि:

आवंटी ने फ्लैट बुकिंग के लिए पहले ही रुपये 1,00,000/- (रुपए एक लाख मात्र) का भुगतान किया है।

5. शेष भुगतान:

शेष भुगतान "अनुलग्नक-8" में निर्दिष्ट भुगतान अनुसूची के अनुसार किया जाएगा।


STATUTORY DUES AND TAXES (वैधानिक बकाया और कर):

1. करों का भुगतान:

विचार राशि के अतिरिक्त, आवंटी जीएसटी, अन्य शुल्क, या किसी भी प्रकार के वैधानिक कर का भुगतान करेगा, जैसा कि समय-समय पर लागू होगा।

2. स्टांप शुल्क और पंजीकरण:

आवंटी को इस समझौते को पंजीकृत कराने के लिए स्टांप शुल्क और पंजीकरण शुल्क का भुगतान करना होगा।

3. GST का भुगतान:

आवंटी ने किस्त और समझौता राशि पर अनुपातिक जीएसटी

 का भुगतान किया है। प्रमोटर इसकी प्राप्ति को स्वीकार करता है।

NOTICE OF DEMAND (भुगतान मांग की सूचना):

1. समय पर भुगतान का महत्व:

उपरोक्त किस्तों और वैधानिक भुगतानों का समय पर भुगतान इस समझौते की मुख्य शर्त है। फ्लैट का कब्जा केवल सभी भुगतानों, करों और अन्य शुल्कों की प्राप्ति के बाद ही आवंटी को सौंपा जाएगा।

2. सूचना प्रक्रिया:

जब कोई किस्त देय होती है, तो प्रमोटर आवंटी को एक मांग सूचना जारी करेगा, जिसमें भुगतान के लिए कम से कम 7 दिनों का समय दिया जाएगा। यह सूचना परियोजना के आर्किटेक्ट के प्रमाण पत्र के साथ होगी, जो यह प्रमाणित करेगी कि उस कार्य का चरण पूरा हो गया है, जिसके लिए भुगतान किया जाना है।

3. सूचना का माध्यम:

प्रमोटर यह सूचना रजिस्टर्ड पोस्ट, एडी/स्पीड पोस्ट के माध्यम से आवंटी के पते पर भेजेगा, जैसा कि इस समझौते में उल्लिखित है। इस तरह भेजी गई सूचना को पर्याप्त समझा जाएगा, और आवंटी इसे प्राप्त न होने का दावा नहीं कर सकता।

RESTRICTIVE COVENANT (प्रतिबंधात्मक अनुबंध):

1. स्वामित्व का अधिकार:

इस समझौते के तहत सभी देय राशि का भुगतान करने और इसे महाराष्ट्र स्टाम्प अधिनियम और पंजीकरण अधिनियम, 1908 के तहत पंजीकृत कराने तक, यह समझौता आवंटी को फ्लैट का स्वामित्व या अधिकार प्रदान नहीं करता।

2. अन्य दावे:

आवंटी को केवल उस फ्लैट के लिए दावा करने का अधिकार होगा, जो इस समझौते के तहत बेचा गया है। सभी खुले स्थान, पार्किंग स्थान, लॉबी, सीढ़ियां, छत और मनोरंजन क्षेत्र प्रमोटर की संपत्ति बने रहेंगे, जब तक कि संपूर्ण परियोजना को सोसायटी के नाम पर स्थानांतरित नहीं कर दिया जाता।

3. भविष्य के चरणों पर अधिकार:

आवंटी का किसी भी भविष्य के चरण में विकसित होने वाले हिस्से या उनकी सुविधाओं पर कोई अधिकार नहीं होगा। यह सब प्रमोटर द्वारा परियोजना के पूरे होने के बाद सोसायटी या परिसंघ को स्थानांतरित किया जाएगा।

INTEREST (ब्याज):

1. प्रमोटर की देरी पर ब्याज:

यदि प्रमोटर परियोजना को समय पर पूरा करने और फ्लैट का कब्जा देने में विफल रहता है, तो वह आवंटी को भुगतान की गई राशि पर नियमों के अनुसार ब्याज देगा। यह भुगतान हर महीने के लिए किया जाएगा जब तक कि फ्लैट का कब्जा आवंटी को नहीं सौंपा जाता।

2. आवंटी की देरी पर ब्याज:

यदि आवंटी भुगतान में देरी करता है, तो उसे देय राशि पर नियमों के अनुसार ब्याज देना होगा।

TERMINATION OF THIS AGREEMENT (समझौते की समाप्ति):

1. भुगतान में चूक:

यदि आवंटी तीन किस्तों के भुगतान में चूक करता है, तो प्रमोटर इस समझौते को समाप्त कर सकता है।

2. सूचना:

प्रमोटर आवंटी को 15 दिनों की लिखित सूचना देगा, जिसमें चूक का उल्लेख होगा। यदि आवंटी इस अवधि के भीतर चूक को सुधारने में असफल रहता है, तो प्रमोटर समझौते को समाप्त करने का अधिकार रखता है।

3. राशि की वापसी:

इस समझौते की समाप्ति पर, प्रमोटर आवंटी द्वारा अब तक की गई भुगतान राशि को 25% राशि काटकर वापस करेगा। यह वापसी 30 दिनों के भीतर की जाएगी।

4. फ्लैट की बिक्री का अधिकार:समझौते की समाप्ति के बाद, 

प्रमोटर फ्लैट को किसी अन्य व्यक्ति को बेचने के लिए स्वतंत्र होगा।


DECLARATION BY THE PROMOTER (प्रमोटर की घोषणा):

1. शर्तों और प्रतिबंधों का पालन:

प्रमोटर सभी शर्तों, नियमों, प्रतिबंधों और शर्तों का पालन करेगा, जो सक्षम प्राधिकारी और संबंधित स्थानीय अधिकारियों द्वारा योजनाओं को मंजूरी देते समय लगाई गई होंगी।

2. अधिभोग और पूर्णता प्रमाणपत्र:

प्रमोटर आवंटी को फ्लैट का कब्जा सौंपने से पहले संबंधित प्राधिकरण से अधिभोग और पूर्णता प्रमाणपत्र प्राप्त करेगा।

3. सामान्य आंतरिक सड़कों की व्यवस्था:

परियोजना में सामान्य आंतरिक सड़कों की व्यवस्था की जाएगी।

4. सुविधाओं की स्थिति:

परियोजना की सुविधाओं को पूरी परियोजना के साथ विकसित किया जाएगा और जब पूरी परियोजना समाप्त हो जाएगी, तब परिसंघ को सौंपा जाएगा।

5. गुणवत्ता सामग्री का उपयोग:

प्रमोटर यह सुनिश्चित करेगा कि निर्माण में केवल अच्छी गुणवत्ता वाली सामग्री का उपयोग किया जाए, भले ही अनुमोदित सूची की सामग्री उपलब्ध न हो।


VARIATION CAP OF 3% (3% तक का भिन्नता सीमा):

1. कालीन क्षेत्र में भिन्नता:

फ्लैट का कालीन क्षेत्र डिजाइन और निर्माण जरूरतों के कारण 3% तक भिन्न हो सकता है। प्रमोटर परियोजना के पूर्ण होने और अधिभोग प्रमाणपत्र प्राप्त करने के बाद अंतिम कालीन क्षेत्र की पुष्टि करेगा।

2. क्षेत्र में वृद्धि पर भुगतान:

यदि कालीन क्षेत्र 3% से अधिक बढ़ता है, तो आवंटी को अतिरिक्त राशि का भुगतान करना होगा।

3. क्षेत्र में कमी पर वापसी:

यदि कालीन क्षेत्र में 3% से अधिक कमी होती है, तो प्रमोटर अतिरिक्त भुगतान की गई राशि को बिना ब्याज के वापस करेगा।

4. समायोजन का समय:

समायोजन फ्लैट का कब्जा सौंपने से पहले किया जाएगा।


DEFECT LIABILITY PERIOD (दोष उत्तरदायित्व अवधि):

1. पांच वर्षों की वारंटी:

फ्लैट का कब्जा सौंपने के बाद 5 वर्षों तक किसी भी संरचनात्मक दोष, कार्यकुशलता की खराबी, या सेवा प्रावधान से संबंधित मुद्दों को प्रमोटर द्वारा ठीक किया जाएगा।

2. परिवर्तनों पर प्रभाव:

यदि आवंटी फ्लैट में संरचनात्मक परिवर्तन करता है, जैसे दीवारों को स्थानांतरित करना, खिड़कियों का स्थान बदलना, या स्थिरता को नुकसान पहुंचाता है, तो यह वारंटी रद्द हो जाएगी।

3. गलत उपयोग के मामले:

यदि आवंटी या उनके किराएदार निर्माण को नुकसान पहुंचाते हैं, जैसे लिफ्ट में भारी सामान रखना या पाइपलाइन को चोक करना, तो प्रमोटर दोष की जिम्मेदारी नहीं लेगा।

DECLARATION BY THE ALLOTTEE (आवंटी की घोषणा):

1. दस्तावेज़ों का सत्यापन:

आवंटी ने सभी आवश्यक दस्तावेज़ों, जैसे शीर्षक खोज रिपोर्ट और प्रमाणपत्र, की जांच की है और प्रमोटर के अधिकार और स्वामित्व से संतुष्ट है।

2. फ्लैट के उपयोग की शर्तें:

आवंटी फ्लैट का उपयोग केवल आवासीय और अनुमत व्यावसायिक गतिविधियों के लिए करेगा।

3. निर्माण गतिविधियों में हस्तक्षेप नहीं:

आवंटी परियोजना की निर्माण गतिविधियों में हस्तक्षेप या बाधा उत्पन्न नहीं करेगा।

4. सामान्य सुविधाओं पर दावा नहीं:

आवंटी आम क्षेत्र और सुविधाओं पर किसी प्रकार का विशेष दावा नहीं करेगा।


DATE OF POSSESSION (कब्जे की तारीख):

1. कब्जा देने की समय सीमा:

प्रमोटर फ्लैट का कब्जा आवंटी को 30 दिसंबर 2030 तक सौंप देगा, बशर्ते कि आवंटी द्वारा इस समझौते के तहत देय सभी राशि का भुगतान किया गया हो।

2. फोर्स मैज्योर (अप्रत्याशित परिस्थितियां):

यदि निम्नलिखित कारणों से परियोजना का निर्माण कार्य या कब्जा देने में देरी होती है, तो प्रमोटर को उचित समय विस्तार का अधिकार होगा:

युद्ध, बाढ़, सूखा, आग, चक्रवात, भूकंप, या अन्य प्राकृतिक आपदा।

सरकार या किसी सक्षम प्राधिकारी/न्यायालय द्वारा जारी कोई आदेश, नियम, अधिसूचना।


PROCEDURE FOR TAKING POSSESSION (कब्जा प्राप्त करने की प्रक्रिया):

1. अधिभोग प्रमाणपत्र प्राप्त करने के बाद:

प्रमोटर सक्षम प्राधिकारी से अधिभोग प्रमाणपत्र प्राप्त करने के बाद आवंटी को लिखित रूप में सूचना देगा। आवंटी को यह कब्जा 3 महीनों के भीतर लेना होगा।

2. रखरखाव शुल्क का भुगतान:

आवंटी को कब्जा लेने के समय निर्धारित रखरखाव शुल्क का भुगतान करना होगा। इसमें वैकल्पिक स्रोत से प्राप्त पानी और बिजली का खर्च भी शामिल होगा।

3. दस्तावेजों का पंजीकरण:

प्रमोटर, फ्लैट का कब्जा सौंपते समय, आवश्यक दस्तावेजों को पंजीकृत करने में आवंटी की सहायता करेगा।


UNDERSTANDING BETWEEN THE PARTIES (पक्षों के बीच समझौता):

1. आंतरिक कार्य:

आवंटी केवल अधिभोग प्रमाणपत्र प्राप्त होने और कब्जा पत्र सौंपे जाने के बाद फ्लैट में आंतरिक कार्य शुरू कर सकता है।

2. आंतरिक कार्यों का निरीक्षण:

प्रमोटर को आवंटी द्वारा किए गए आंतरिक कार्यों का निरीक्षण करने का अधिकार होगा। यदि कोई कार्य संरचना या इमारत के स्वरूप को नुकसान पहुंचाता है, तो प्रमोटर उसे रोकने का निर्देश दे सकता है।

3. मलबा प्रबंधन:

आवंटी यह सुनिश्चित करेगा कि आंतरिक कार्यों से उत्पन्न मलबा प्रतिदिन निर्दिष्ट स्थान पर डाला जाए और इसे स्वयं हटाया जाए।

4. क्षति की भरपाई:

यदि आंतरिक कार्यों के दौरान आवंटी या उसके श्रमिकों द्वारा किसी प्रकार का नुकसान होता है, तो आवंटी उसे 30 दिनों के भीतर सुधारने के लिए जिम्मेदार होगा।


FORMATION OF SOCIETY (सोसायटी का गठन):

1. सोसायटी का पंजीकरण:

प्रमोटर परियोजना के पूरे होने के बाद महाराष्ट्र सहकारी सोसायटी अधिनियम, 1960 या अन्य प्रचलित कानूनों के तहत सोसायटी का पंजीकरण करेगा।

2. सदस्यता:

आवंटी सोसायटी का सदस्य बनने और आवश्यक दस्तावेज़ों पर हस्ताक्षर करने के लिए सहमत है। ये दस्तावेज़ प्रमोटर द्वारा प्रदान किए जाने के 7 दिनों के भीतर वापस किए जाने चाहिए।

3. नियमों का पालन:

आवंटी सोसायटी के नियमों और उप-नियमों का पालन करेगा और कर, रखरखाव शुल्क, और अन्य खर्चों का समय पर भुगतान करेगा।

4. सोसायटी को हस्तांतरण:

जब तक भूमि और परियोजना का हस्तांतरण सोसायटी को नहीं किया जाता, आवंटी प्रमोटर को परियोजना भूमि और इमारतों के निरीक्षण और रखरखाव के लिए उचित समय पर प्रवेश देने के लिए सहमत है।


CONVEYANCE (हस्तांतरण):

1. हस्तांतरण की समय सीमा:

प्रमोटर सक्षम प्राधिकारी से अधिभोग प्रमाणपत्र प्राप्त करने और आवंटी द्वारा पूर्ण भुगतान प्राप्त करने के तीन महीनों के भीतर इमारत का हस्तांतरण सोसायटी के पक्ष में करेगा।

2. भूमि का हस्तांतरण:

पूरी परियोजना के सभी भवनों के लिए अधिभोग प्रमाणपत्र प्राप्त होने के बाद, प्रमोटर तीन महीनों के भीतर संपूर्ण भूमि और आम सुविधाओं का हस्तांतरण परिसंघ (Confederation) के पक्ष में करेगा।

3. आवंटी का सहयोग:

भूमि हस्तांतरण प्रक्रिया के दौरान, आवंटी समय पर सहमति और आवश्यक दस्तावेज प्रस्तुत करेगा।

4. हस्तांतरण की लागत:

भूमि और आम सुविधाओं के हस्तांतरण की लागत परिसंघ द्वारा वहन की जाएगी।


MAINTENANCE DEPOSIT (रखरखाव जमा):

1. रखरखाव शुल्क:

फ्लैट का कब्जा लेने के एक सप्ताह बाद, आवंटी को सामान्य सुविधाओं के रखरखाव के लिए शुल्क का भुगतान करना होगा, जिसमें पानी के बिल, मरम्मत, प्रकाश व्यवस्था, सुरक्षा, और अन्य खर्च शामिल हैं।

2. अग्रिम रखरखाव शुल्क:

फ्लैट के कब्जा लेने के समय, आवंटी 12 महीनों के लिए अग्रिम रखरखाव शुल्क के रूप में रुपये 2,00,000/- (दो लाख मात्र) का भुगतान करेगा।

3. फेडरेशन शुल्क:

आवंटी को सात पोस्ट-डेटेड चेक (PDC) के माध्यम से फेडरेशन शुल्क का भुगतान करना होगा, जिसमें प्रत्येक चेक का मूल्य 2,00,000/- (दो लाख मात्र) होगा। यह भुगतान तब तक जारी रहेगा, जब तक कि भूमि और परियोजना का पूर्ण हस्तांतरण परिसंघ के पक्ष में न हो जाए।

4. चूक पर ब्याज:

यदि आवंटी निर्धारित समय पर भुगतान करने में विफल रहता है, तो उसे चूक की अवधि के लिए प्रचलित दर पर ब्याज देना होगा।


UNSOLD FLAT/UNITS IN SAID PROJECT (परियोजना में अविक्रीत फ्लैट/यूनिट्स):

1. सोसायटी में प्रमोटर का सदस्यता अधिकार:

अविक्रीत फ्लैट्स के लिए प्रमोटर को सोसायटी का सदस्य बनाया जाएगा।

2. फ्लैट्स की बिक्री का अधिकार:

प्रमोटर को अविक्रीत फ्लैट्स को सोसायटी की सहमति के बिना बेचने का अधिकार होगा।

3. पार्किंग आरक्षण:

प्रमोटर अविक्रीत फ्लैट्स के लिए एक-एक पार्किंग आरक्षित रख सकता है, और सोसायटी या आवंटी इसमें हस्तक्षेप नहीं कर सकते।


POST POSSESSION OBLIGATIONS OF ALLOTTEE (कब्जे के बाद आवंटी की जिम्मेदारियां):

1. रखरखाव:

आवंटी फ्लैट को अच्छे और रहने योग्य स्थिति में रखेगा और संरचना, सीढ़ियों, और सार्वजनिक स्थानों में किसी भी प्रकार का बदलाव नहीं करेगा।

2. खतरनाक सामग्री का भंडारण:

आवंटी फ्लैट में खतरनाक, ज्वलनशील या भारी वस्तुओं का भंडारण नहीं करेगा, जो संरचना को नुकसान पहुंचा सकती हैं।

3. आंतरिक मरम्मत:

फ्लैट में सभी आंतरिक मरम्मत का खर्च आवंटी स्वयं वहन करेगा।

4. बीमा शर्तों का पालन:

आवंटी ऐसी कोई भी कार्रवाई नहीं करेगा, जिससे परियोजना या फ्लैट का बीमा अमान्य हो जाए।

5. गंदगी और कचरा प्रबंधन:

आवंटी यह सुनिश्चित करेगा कि कचरा और मलबा निर्दिष्ट स्थान पर डाला जाए और सार्वजनिक स्थानों को साफ रखा जाए।

6. उपयोग का उद्देश्य:

आवंटी फ्लैट का उपयोग केवल आवासीय उद्देश्यों के लिए करेगा, जब तक कि प्राधिकरण से अलग उपयोग के लिए अनुमति न प्राप्त की जाए।