Allotment Letter
To,
Mrs. Neelam W/o Sh. Parveen Kumar
Plot No. 026
Address ; Village Dawala(209) P.O Dawla Raiya
District – Jhajjar, Haryana – 124103
In response to your application for allotment of a residential plot in our project, South City-1, Jhajjar,
Sector 36, Jhajjar and relying on your confirmation, representation and assurances to faithfully abide
by all the terms, conditions and stipulation contained in this allotment letter, the company is pleased
to inform you that you have been allotted Plot no. 026 having an Area of 158.03 Sq. Yrds. In our
above cited project, as per your request and choice on first cum first basis for consideration amount
of Rupees Rs 13,000/- per Sq. Yrd. Including external development charges, infrastructure
development charges, GST and other charges as and when levied by the government or any other
statutory body in future.
Terms & conditions;-
1. That the applicant/allottee before taking the possession of the said plot shall have to clear
all the dues towards the plots and have conveyance deed executed in his/her favour by the
company, after paying stamp duty/registration fee and other charges/expenses.
2. That the applicant/allottee shall use the said plot only for residential purpose and shall not
use it either for commercial or any other purpose.
3. That the acceptance of allotment letter and sale of said plot shall be deemed to have that
the allottee has fully satisfied himself/herself about the interest and rights of the company in
the land on which the said project is being developed and understanding all limitations and
obligations in respect thereof, and hereafter no complaint/objection on this account shall be
raised by the allottee nor shall be entertained by the company.
4. That time and regular payment of instalment is the essence of this contract/letter, it shall be
incumbent upon the allottee to comply with the terms & conditions of allotment , falling
which the allottee shall have to pay an interest @ as per government norms on the delayed
payment and the company reserves its right to forfeit 10% of the basic prices of the plot in
the event of any irregular/delayed payment/non fulfilment of terms & conditions of the
allotment and the builder buyer agreement and the allotment can be cancelled at the
discretion of this company.
5. That the building plans and layout plans are subject to charges and approval of the
competent authority. The Company reserves its right to make additions or amendments as
may be necessitated from time to time.
6. That the allottee shall be bound to pay the cost electricity and water connection and
consumption of the same.
7. That the allottee shall reimburse to the company and shall pay on demand all taxes, levies or
assessment whether levied now or livable in future on the land and/or building as the case
may be from the date on allotment.
8. That the company shall have the right to effect suitable and necessary alterations in the
layout plan if and when necessary, which may involve all or any of the changes, namely
change in the number of plots dimensions, size, area, layout or change the entire scheme.
9. A non-refundable interest free maintenance security (hereinafter referred to as IFMS) shall
be payable for the said plot by the allottee to the company or to any nominee of the
company or any maintenance agency who would be entrusted with the maintenance work
of the said project.
10. That the allottee shall pay pro rata cost for 33KV line from nearby sub-station up to our
project south city 1, Sector -36, Jhajjar & cost for providing connection from LT feeder pillar
up to the said plot including any deposit and/or cost for meter installations as per the norms
of concerned department.
11. That the allottee shall not be charges/cost of providing sewer, storm water and water
connection to the said unit from the main line serving the said colony.
12. That the allottee shall not be entitled to gate the name of his/her nominee substituted in
his/her place without the prior approval of the company, which may in its sole discretion,
permit the same on such terms as it may deem fit.
13. That the payment on or before the due date of total price and other amount payable as per
the payment plan, as opted by the allottee or as demanded by the company from time, is
the essence of this allotment letter(Payment Plan Attached as per Annexure-1)
14. Stamp Duty, registration charges and legal charges etc. shall be paid by the allottee in
addition to the other charges.
15. That the terms & conditions as set out in this allotment letter shall supersede all previous
understanding application documents etc between the parties whether oral written or
implied and variation in any of the terms thereof shall not be binding on the company.
16. That in addition to the said terms and conditions, the allottee shall be bound to sign and
abide by the terms and conditions of builder buyer agreement.
ANNEXURE -1
Payment Plan:-
Development Linked Payment Plan –
Basic Price 13,000 Sq. Yd.
Registration Amount Rs. 31,000/-
Within 7 Daysof Allotment 10% of BSP – Registration Amount
Within 30 days of Allotment 40% BSP + 100% EDC/IDC + 100% PLC [if
applicable]
Within 90 days of allotment 20% of BSP
Within 150 days of Allotment 20% of BSP
Within 180 days of Allotment or offer of 10% BSP
possession
Terms and condition ;
1. PLCs 5% to 15% (according to unit)
2. Registration Stamp Duty GST Charges and Possession Charges or any other legal
charges levied by Govt. Shall be payable by Allottee/Applicant as per norms.
GST shall be charged extra as per Govt. Policy.
The Basic Selling Price (BSP) mentioned above is escalation free price.
All Payment should be in favour of “Vedmaan Group” at Jhajjar.
Cordially Yours
M/s VEDMAAN GROUP
Authorized Signatory
