1. The application money (with Brochures)/Booking amount Rs. 500/-(Non-Refundable)in shape of A/C payee Cheque/DD in favour of Hi-Tech Estates& Promoters (p) Ltd.
2. No interest will be paid by the company to the purchaser against advance payment / installments /application money /booking amount .
3. The allottee will be responsible for paying installment within 15 th day of every month by way of A/C payee Cheque /D.D.in favour of Hi-Tech Estates &Promoters (p) Ltd.
4. Registration charges including stamp duty and allied expenses will be borne by the Purchaser as per the Govt. Rules.
5. Rent and other Taxes if any leviable by Govt./Revenue authority will be borne by the customers .
6. All disputes are subject to Bhubaneswar juricdiction only.
7. Bank charges commission ,if any on cheque /D.D. will be borne by the purchaser.
8. Company will provide required documents for Bank loan.
9. The company will not be responsible for any loss caused by any act of nature or act of the state.
10. The company reserves the right of accepting or rejecting any application rceive.
11. 5% discount on one time payment.
12. DEFAULT CHARGES: If the amount is not paid within the prescribed time,a defaulted charges of 5% on defaulted amount per month will be collected from the customer. The Company at its discretion thereafter,shall have the right of cancellation.
13. SURRENDER/CANCELLATION: In case of surrender / cancellation the amount deposited shall be refunded without any interest after 90 days and within 120 days of receiving the cancellation/surrender application.The company will deduct 10% from the amount deposited by the customer towards establishment charges.
14.TIME OF COMPLETION: The expeted period of completion of flat is 18 months with a grace period of 6 months.
15. possession: Possession of the flats/units shall be given to the purchaser on or after all due amounts have been deposited.
16. escalation: Absolutely no price escalation after booking for regular customer.
17. If a customer fails to pay the amount as per agreement and continues the default for a period of 90 days, the company reserves the right to cancell the agreement and re-allot the flat to other customers without any prior notice.
18. All other terms and conditions of the agreement will be applicable to customer.
19. Allotment will be given to customer after receipt of 15% of flat cost. However agreement will be issued after further deposit 25 % of flat cost (within 30 days of allotment). Otherwise company reserves the right to cancell the allotment without any notice.
20. The cost of flat does not include the cost of garage. The garage cost will be extra.
21. 2% Extra cost for corner flat.
Copyright 2010, HI - TECH ESTATES & PROMOTERS (P) LTD.
