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Tulip Application Form (1) - 1

The document appears to be an application form for an individual or joint applicant to purchase a residential unit in Protech Tulip, a housing project developed by Protech Buildcon Pvt Ltd. It requests information such as name, address, contact details, employment and financial details. It also includes sections for additional information if the applicant is an NRI or other entity such as a firm or company. The form must be submitted along with application money in the form of a cheque/demand draft. It outlines various terms and conditions of the application and allotment process, including the right of the developer to reject any application without assigning a reason.

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rituphukan
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0% found this document useful (0 votes)
178 views12 pages

Tulip Application Form (1) - 1

The document appears to be an application form for an individual or joint applicant to purchase a residential unit in Protech Tulip, a housing project developed by Protech Buildcon Pvt Ltd. It requests information such as name, address, contact details, employment and financial details. It also includes sections for additional information if the applicant is an NRI or other entity such as a firm or company. The form must be submitted along with application money in the form of a cheque/demand draft. It outlines various terms and conditions of the application and allotment process, including the right of the developer to reject any application without assigning a reason.

Uploaded by

rituphukan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 12

APPLICATION FORM: Mkt-007/Protech Tulip/

PROTECH TULIP
A project of Protech Buildcon Pvt. Ltd.

Please fill all relevant portions of the Application Form for the Individual,
Joint or other entity. Strike out portions that are not applicable
and deposit the application form in full at the address mentioned below:

Protech Buildcon Pvt Ltd


Registered office at 606, Protech Centre,
Ganeshguri, G.S. Road, Guwahati- 781006
Phone: +91-361-2342513
Mobile: 98540-47000/48000
www.protechgroup.in
[email protected]
INDIVIDUAL/JOINT APPLICANT

APPLICATION FORM No. : Mkt-007/Protech Tulip/

Affix Affix
(Photograph (Photograph
of 1st App) of 2nd App)

1. Full Name (in block letters):

Mr/Ms________________________ Mr/Ms _______________________________

______________________________ ___________________________________

2. Relation to the applicant (only for joint Applicant)_______________________________

3. Father/Spouse’s Name: Father/Spouse’s Name:

________________________________ ___________________________________

Natural guardian (in case of minor): Natural guardian (in case of minor):

___________________________________ __________________________________

4. Date ofBirth: d d m m y y . Date of Birth: d d m m y y

5.Occupation: __________________________ ________________________________

6. Organization: _________________________ ________________________________

7. Nationality: ________________________ ________________________________

8. I T PAN/GIR No:_______________________ ________________________________

10. AADHAR No: _________________________ ________________________________

11. Permanent address (1st App): 12.Correspondence address (1st App):

____________________________________ _____________________________________

____________________________________ _____________________________________

____________________City_____________ __________________City________________

State_____________PIN/ZIP____________ State _____________PIN/ZIP_____________


13. Contact no _____________________ _________________________________
14. Email Id___________________________ ___________________________________

______________________________ ______________________________
Signature of Sole/ First Applicant Signature of Joint Applicant

Place: Place:
Date: Date:

2|Page
NRI/PIO (Additional Information)

Sole/1st Applicant Joint Applicant

1) Nationality_______________________________ ___________________________________

2) Native place of India _____________________ ___________________________________

3) Passport____________ Indian Foreign Indian Foreign

4) Place & Date of issue ____________________ ___________________________________

5) Contact person in India. Name


_____________________________________________________

Correspondence Address
_______________________________________________________

City_____________ State______________ Country_____________PIN/ZIP______________

Contact no __________________________ Email ID________________________________

6) i) a) NRO Account # _____________________ ___________________________________

b) Name of the Branch _________________ ___________________________________

ii) a) NRE Account # _____________________ ___________________________________

b) Name of the Branch ________________ ___________________________________

iii) a) FCNR Account # ____________________ ___________________________________

b) Name of the Branch _________________ __________________________________

______________________________ ______________________________
Signature of Sole/ First Applicant Signature of Joint Applicant

OTHER ENTITY

1. Name of the organization _____________________________________________________

2. Status: Proprietorship HUF Partnership AOP/BOI Company Others


Firm Firm

3. Date & Incorporation __________________.Place of Incorporation__________________

4. Registered Head Office address ______________________________________________

City_____________ State______________ Country_____________PIN/ZIP____________

5. Name of authorized signatory with designation _________________________________

6. Contact no _________________________ 9. Email ID____________________________

10. IT PAN ____________________________________________________________________

______________________________
Signature of authorized signatory with seal
Place:
Date:

3|Page
Indicate the Flat & Block No.

First Choice Alternative Choice

1. Block : ___________________________ ________________________

2. Floor : ___________________________ ________________________

3. Flat Type : ___________________________ _________________________

4. Flat Area (Sq. ft.) :_______________________ ________________________

5. Rate per Sq ft : __________________________ _______________________

6. Payment plan opted: Down Payment Installment

7. Home Loan Required : Yes No

8. How did you come to know about the project?_____________________________

I/we enclosed herewith Cheque / Pay order / DD No: ______________________________

Drawn on (Bank’s Name):____________________________________________________

amounting Rs _________________( Rupees ____________________________________) in favour

of Protech Buildcon Pvt Ltd payable at Guwahati towards Application Money.

Declaration
1. I/We hereby declare that all the foregoing statements are true to the best of my/our knowledge
and nothing relevant has been concealed or suppressed. I/We also undertake to inform Protech
Buildcon Pvt. Ltd. of any further changes, related to the information and details mentioned in
this Application Form.
2. I/We also declare that I/We have read and understood the terms and conditions of sale and
other information/ conditions stated in the application kit, General Terms and Conditions
including payment schedules. I/We hereby solemnly accept and agree to abide by these as also
others as may be prescribed by Protech Buildcon Pvt. Ltd. in future. I/We agree to sign and
execute the necessary documents as and when desired by Protech Buildcon Pvt. Ltd.
3. I/We understand that the completed Application Form along with the Application Money has to
be submitted at the registered office of Protech Buildcon Pvt. Ltd., at Protech Centre,
606Ganeshguri, G.S. Road Guwahati-781006.
4. This application is only a request of the applicant for allotment (by agreement for sale)and does
not create any right whatsoever of the applicant.
5. Protech Buildcon Pvt. Ltd. reserves the right not to accept this or any application and also
reserves the right to allot/transfer the apartment to any person without any obstruction from the
applicant or any person claiming to represent him/her/it.
6. Protech Buildcon Pvt. Ltd. on its sole discretion shall be entitled to reject any application without
assigning any reason whatsoever or howsoever to the applicant.
7. The applicant has agreed that in the event of non-acceptance of the application by the
company, the Application Money will be refunded without any liability towards
costs/damage/interest etc.
8. Unless any agreement is executed in writing, the applicant shall not be entitled to any allotment
and hereby agrees not to step up any oral agreement whatsoever or however.
9. I have not defaulted to any Bank or Financial Institutions towards Loans/Credit Cards etc.
10. No Criminal Case is pending against me and I have not been convicted anytime during my
lifetime.

Signature of Sole/First Applicant * Signature of the Joint Applicant*


Place: Date :

[*Signature of authorized signatory with seal in case of other entity.]

4|Page
PROTECH TULIP

GENERAL TERMS AND CONDITIONS

PROTECH BUILDCON PVT LTD (hereinafter referred to as ‘PROTECH’) hereby offers Residential
Flats at ‘PROTECH TULIP’, at Bhetapara, near Hockey Stadium in Guwahati - 781038.

1. OFFER

The Complex ‘PROTECH TULIP’ will offer 2, 3 and 4 Bedrooms Residential Flats.

2. WHO CAN APPLY

i) For those Employed : Copy of Pay Slip / Salary Certificate / Form 16 under the Income Tax
Act, duly signed by the Employer / Copy of acknowledgement of Income Tax Return for the
Last Financial Year.

ii) For Self-Employed who are Income Tax payers: Copy of acknowledgment of Income Tax
Return for Last Financial Year.

iii) For Pension Holders: A copy of Pension Pass Book or Bank pension statement showing
evidence of receipt of pension for the last month.

3. APPLICATION PROCEDURE

i) A person intending to acquire a Flat will have to apply in the Prescribed Application Form.
Applicant is required to go through the Terms and Conditions enclosed with the Application
Form and proper care is to be taken in filling the Application Form.

ii) The Application Form must be duly filled-up and signed by the applicant(s) accompanied
with the Bank Draft / Pay Order / Cheque drawn in favor of “PROTECH BUILDCON PVT.
LTD” payable at Guwahati towards application money as shown in the Price & Payment
Schedule given hereinafter.

4. ALLOTMENT SCHEME / PROCEDURE

Allotment of Flat will be made on a first-come-first basis. Normally allotment will be made within
21 days of application.

5. REJECTION OF AN APPLICATION AND REFUNDS

Application(s) having fraudulent or misleading information will lead to immediate rejection and
cancellation of the allotment. In such event, the deposited amount will be refunded after
deducting service charges as per clause 6 B.

6. WITHDRAWAL OF APPLICATION / CANCELLATION OF BOOKING AND / OR


ALLOTMENT

A. Before allotment :
Applicant may withdraw the application at any time, before the issuance of allotment letter,
and in such a case, the applicant shall get full refund of the application money without any
deduction and also without any interest thereon.

B. After allotment :
An applicant may cancel his/her/it’s booking at any time after issuance of allotment letter
but before sale deed. In such a situation, all amounts paid by the allottee will be refunded
without any interest, after deduction of service charges of Rs. 1,50,000/- only in case of
2 and 3 Bedrooms flat and Rs. 2,00,000/- only in case of 4 Bedroom flat along with
interest @ 18 % per annum on the due amount from the date on which the amount
falls due to the date of such cancellation.

5|Page
7. PRICE & PAYMENT SCHEDULE
A. Under full down Payment Plan
This plan requires 100% (One hundred percent) payment of total price within 30 days from
the date of allotment. (See details on Annexure A).

B. Under Installment Payment


The Plan Price indicated in the Payment Schedule under Installment Payment Plan (see
details in Annexure-B) is firm and non-scalable. This plan requires payment of allotment
money and respective installments as indicated in the said schedule.

Prices in the above plans (7A & 7B) are exclusive of any taxes, which may be leviable by any
appropriate authorities. Taxes like value added Tax, Works contract Tax, Service Tax, both
present and future, as may be applicable, shall be separately charged and recovered from
the allottees. Applicants are required to indicate their preference of the payment plan in the
application form.

8. CAR PARKING SPACE- shall mean OPEN/COVERED/MECHANICAL car parking space anywhere
in the parking area of the complex. In case of transfer of the flat/unit, the right to use of the
applied and allotted parking space shall be automatically transferred along with the unit and in
such cases no separate transfer deed will be required. However, the right to use the parking
space does not confer any right of ownership of the space on which such parking facility is
provided, and un-allotted parking space, if any, shall continue to remain the property of the
DEVELOPER/BUILDER.

It is made clear that car parking will be allotted from the share of PROTECH’s share only,
excluding the allotment of covered car parking to the LANDOWNERS. The allotment of
covered/open/mechanical parking to each FLAT will be made on completion of the project;
allotment of the parking space to the respective PURCHASER(s) will be made by way of a
lottery, conducted in presence of minimum of 25% of the flat owners or their respective
authorized representatives. Allotment through lottery will be full and final and should be binding
to all the FLAT OWNERS.

9. DIESEL GENERATOR POWER BACKUP


Provision has been made for the installation of Diesel Generator for power backup to run the
basic facilities at the Common Areas at the complex. The DG will be operated by the body of the
Flat owners to be formed by them or by an appointed agency in accordance with the applicable
Acts, Rules and By Laws. Fixed charge of Rs. 30,000/- (Rupees Thirty Thousand) only per
UNIT/FLAT is to be paid towards D.G. Set for common areas and it’s installation

10. DELAY IN PAYMENT

i) It shall be incumbent on the allottees to comply with terms of payment in respect of the Flats
and any other sums payable under the General Terms & Conditions. Timely payment shall be the
essence of each transaction.

ii) In case, allottee does not communicate his choice of the payment scheme to ‘PROTECH’ in
writing; it will be deemed that the allottee has opted for installment payment scheme by default.

iii) Payment of allotment money is required to be made immediately on issuing of allotment letter.
No extension of time will be allowed for payment of allotment money. In case of allotment
money is not paid within the due date, the allotment would stand cancelled automatically
without any reference to the allottee and the application money would be refunded after the
deductions as stated in clause 6B.

iv) Payment of installment and all other dues shall have to be made within due dates as would be
mentioned in the letter(s) of DEVELOPER/BUILDER to be issued from time to time requesting for
such payments. Payment of installment, and other incidental charges already due at the time of
booking against the UNIT/FLAT shall be payable immediately within 30 days from the date of
application. Payment within time would be the essence of the agreement. Part payment will not
be accepted after due dates. In case of default in payment of the dues the

6|Page
PURCHASER/ALLOTEE shall be liable to pay interest on the amount due @ 18% p.a from the
date on which the amount falls due, upto the date of payment, both days inclusive. In case of

delay, payment of dues, together with interest, will be accepted by “DEVELOPER/BUILDER” if


the payment is made within 2 (two) months from the due date.

v) If PURCHASER has opted for Bank Loan then the own contribution (i.e. Total Cost of the
UNIT/FLAT – Bank Loan applied for/sanctioned) should be cleared first. Documents related to
Bank Loan have to be arranged immediately by the PURCHASER. The onus of Bank Loan
application, sanctioning and disbursement is on PURCHASER, BUILDER/DEVELOPER would not
make liable for delay in Bank Loan application, sanctioning or disbursement.
BUILDER/DEVELOPER will allow 45 days to the PURCHASER to get the bank loan sanctioned
from any Bank or financial institutions or Loan from Employer (i.e. from any Firm, Pvt Ltd
Company, Public Limited Company, any Corporate, PSU, Government Institutions etc.) in which
PURCHASER is an employee. After 45 days from the date of booking interest @18% per annum
chargeable by DEVELOPER/BUILDER on the due amount.

vi) Delay in payment beyond 2 (two) months from the respective due dates wouldmake the
allotment liable to be cancelled without any reference to the PURCHASER/ALLOTEE. In case of
cancellation the DEVELOPER/BUILDER shall deduct service charges as per clause 6B. On such
cancellation, the PURCHASER/ALLOTEE shall have no right, title, lien, claims or demand
whatsoever against the allotted UNIT/FLAT. All amounts paid by the allottee on various accounts
will be refunded without any interest and after deduction of the said service charges within 60
days from finalization of cancellation subject to approval of Finance and Legal Department.

vii) All payments received will be first applied towards applicable interest and other sums, if any
due, and thereafter towards the installment. No payment will be received after due date without
the payment of the applicable interest, if any.

11. POSSESSION
i) ‘PROTECH’ shall make an endeavor to give possession of the Flats to the allottees within 42
months from the date of project launching in the Month of October 2016 subject to Force
Majeure and subject to payment of all dues in respect of the allotted Flat including stamp duty
and registration charges as applicable under the law by the allottee. Physical Possession of the
Flats shall be withheld, if all dues payable are not cleared by the allottee.

ii) ‘PROTECH’ shall give notice (Notice of Possession) to the allottee regarding the date on and
from which ‘PROTECH’ will start effecting possession of the Flat. The allottee shall be required to
take possession in person or through agent or attorney within 30 (thirty) days from the issuance
of “Notice of Possession”. Such Handing Over of possession will be preceded by Joint
Verification/Inspection of flat/unit.

iii) An allottee shall be deemed to have taken possession of his/her/its allotted Flat on the 30 day of
service of notice to take possession (interim or final) and such Thirtieth day shall be deemed to
be the “date of possession” irrespective of the date when the allottee takes physical possession.
The allottee shall be required to take possession of his/her/its Flat on or before the “Deemed
Date of Possession” after fulfilling all the terms and conditions.

iv) After taking physical possession or from the deemed date of possession of the Flat, whichever is
earlier, the allottee shall not be entitled to put forward any claim against ‘PROTECH’ in respect of
any item of work in the said Flat which may be said not to have been carried out or completed.

12. COMPENSATION FOR DELAY IN HANDING OVER POSSESSION/GUARDING FEES


FOR DELAY IN TAKING OCCUPATION

i) If ‘PROTECH’ fails to deliver possession of the Flats to the allottees within the stipulated time
(subject to force majeure) except in cases where physical delivery has been withheld by
‘PROTECH’ on grounds stated elsewhere in the General Terms and Condition, then it shall
pay compensation to the allottees of the Flat effective from the scheduled date of
possession, till the deemed date of possession of the Flat at the following rates.
a) 2 and 3 Room Flat : Rs. 7000/- per month
b) 4 Room Flat : Rs. 9000/- per month

7|Page
ii) In case the PURCHASER/ALLOTEE fails or neglects to take possession of their apartment(s)
as and when called upon by DEVELOPER/BUILDER or where physical delivery has been
withheld by DEVELOPER/BUILDER on ground stated elsewhere in these General Terms and
Conditions, the PURCHASER/ALLOTEE shall be liable to pay guarding fee of @ Rs. 7000 /-

per month for 2 and 3 Room and Rs. 9000 /- per month for 4 bedroom FLAT/Unit, from
the Deemed Date of Possession as provided in clause 11 iii) of General Terms and conditions
to the actual date when the physical possession is taken by the PURCHASER/ALLOTEE

13. TRANSFER OF ALLOTMENT AND TRANSFER FEE

i) An allottee, opting for Full down payment plan (i.e., 7 A) shall not be normally eligible to
alienate and / or transfer his/ her/ its interest in the allotted Flat including the parking
space, within the intervening period from the issuance of allotment till ‘PROTECH’ has
conveyed the Flat including the parking space in favour of the allottee (except in deserving
cases, solely at the discretion of ‘PROTECH’) subject to payment of Transfer fee, mentioned
herein below.

ii) Likewise an allottee, opting for Installment payment plan (i.e., 7 B) shall not be normally
eligible to alienate and / or transfer his / her / its interest in the allotted Flat including the
parking space, within the intervening period from the issuance of allotment till ‘PROTECH’
has conveyed the Flat including the parking space in favour of the allottee (except in
deserving cases, solely at the discretion of ‘PROTECH’) subject to payment of transfer fee,
mentioned herein below and subject to the allottee agreeing to pay the entire balance
payable amount as per Full down payment plan (i.e., 7 A).

iii) Transfer of allotment after ‘PROTECH’ has executed the deed of transfer of the Flat in favor
of the allottee shall not be governed by this clause.

iv) A Transfer fee of 5 % (percent) of the total price shall be paid by the allottee to
‘PROTECH’ for change of ownership before transfer of title of the Flat is effected as per
clause 13 i) & ii) above. However no transfer fees shall be payable in case of a transfer to
the spouse or children or parents or legally appointed guardian of the Allottee.

14.DOCUMENTATION

i) It will be “PROTECH” endeavor to execute and register the Deed of Transfer to the allottees
before handing over possession of the Flat as provided in Clause 11. The deed of transfer
will be drafted by the Solicitor/Advocates of “PROTECH” and shall be in such form and
contain such particulars as be approved by the “PROTECH”. No request for any changes,
whatsoever, in the transfer deed will be entertained.

ii) In case, “PROTECH” is ready and willing to execute and register the deed of transfer before
handing over possession of the Flat and the allottee fails or neglects to get the deed of
transfer registered within the date notified or within 4 months from such date, physical
possession to the Flat to the allottee may be withheld by “PROTECH” and it shall have the
right to cancel the allotment. Upon such cancellation, the amount received from the allottee
will be refunded without any interest but after deductions as stated in Clause 6 B.

iii) The allottee will be required to pay, on demand, to “PROTECH” or to the Concerned
Authorities, as may be so decided by “PROTECH”, the applicable stamp duty and registration
charges and other Incidental Expenses etc, for registration of the deed of transfer of their
respective Flats.

iv) Each allottee will also be required to pay to “PROTECH” documentation charges amounting
to 1% (excluding Taxes and other incidental charges) of the total price of the Flat.

15. COMMON AREAS AND FACILITIES

Immediately after the completion of the said building, the DEVELOPER/BUILDER shall by itself
or through its nominated agency, maintain the common areas and facilities for a period of
1(one) year, starting from the “Deemed date of Possession”. For this period of one year the

8|Page
PURCHASER/ALLOTEE shall be required to pay to DEVELOPER/BUILDER a sum of Rs 2/-
(two) per sqft on SBUA (i.e. Rs. 2/- X SBUA of the flat) per month towards maintenance
charges of the common areas before taking possession of the apartment as advance towards
first year’s maintenance from the “Deemed date of Possession” for maintenance charges to
the company.

It is hereby made clear that upon expiry of aforesaid period of 1 (one) year, maintenance of
common areas shall be handed over by DEVELOPER/BUILDER to the Association/Committee
mandatorily formed by the Flat/Unit holders, which shall thereafter be responsible for
maintenance of common areas.

16. SECURITY DEPOSIT and CHARGEABLES

i) A security deposit of Rs. 15000/- in case of 2 BHK; Rs. 20000/- in case of 3 BHK; Rs.
25,000/- in case of 4 BHK UNIT/FLAT, before taking over possession of the said UNIT/FLAT.
The DEVELOPER/BUILDER reserve the right to utilize this deposit, to adjust any legally
realizable dues from the PURCHASER/ALLOTEE on account of maintenance charges or
electricity charges or any other charges/ deposits relating to maintenance and/ or electricity
supply. The deposit, after adjustment of dues, if any, will be handed over by
DEVELOPER/BUILDER to PURCHASER/ALLOTEE committee/association without any interest
at the time of handing over the maintenance and management of the Complex .

ii) An amount of Rs. 30,000/- only is to be paid towards Load Security deposits, meter
security, estimated cost for providing electricity to common area. Cost or any other sum
incurred by PROTECH over and above the heads mentioned above, shall be payable by the
PURCHASER/ALLOTTEE

iii) A. Electricity Load Allotment : 2BHK 4.5 KW


iv) B. Electricity Load Allotment : 3BHK and above 5.5 KW

v) Fixed charge of Rs. 30,000 /- only is to be paid towards D.G. Set for common areas and its
installation as mentioned in clause 9 of this application.

vi) Actual amount to be determined/calculated at the rate prevailing on the date of execution of
Deed of conveyance, on account of Stamp Duty, Registration Fees and other incidental
charges as may be applicable and payable before taking possession of the said UNIT/FLAT.

vii) Actual towards Municipal Taxes, Service Taxes, Work contract tax or any other taxes
imposed by the Govt. from time to time etc.

viii) PROTECH ACTIVITY CENTER (PAC) Membership:


2 BHK = Rs. 25,000
3 BHK = Rs. 30,000
4 BHK = Rs. 35,000

17. GENERAL TERMS

i) It is understood that the applicant has applied for allotment of Flat with full knowledge of the
all law / notifications and rules applicable to the project area, which have been fully
understood by the applicants. It is further understood that the applicant has fully satisfied
himself / herself / itself about the right,interest and / or the title of “PROTECH” in the project
land on which the Flat are being constructed.

ii) It is understood that the applicant has applied for allotment of a Flat for residential purpose
only. Further incomplete application or without submission of proper documents the application
will be treated as Void.

iii) The allottee shall from time to sign all applications, papers, documents, maintenance
agreement and other relevant papers, as required, in pursuance to this allotment and to do all
acts, deeds, and things as “PROTECH” may require in the interest of the complex and Flats
owners. In case of Joint Allottees, any document signed / accepted / acknowledged by any one
of the allottees shall be binding upon the other allottees.

9|Page
iv) The expression “Allotment” whenever used herein shall always mean “Provisional allotment”
and will remain so, till such time a formal deed of transfer is executed and registered in favor
of the allottee(s) for his / her / their respective Flats. However, the provisional allotment shall
be subject to timely payment of the total price and all related dues to “PROTECH”.

v) The expression “Complex” whenever used in these terms and conditions shall always mean
“PROTECH TULIP”, at Borsojai , near Hockey Stadium in Guwahati-781038.

vi) If for any reason, whatsoever, “PROTECH” is not in a position to offer the Flat allotted
“PROTECH” shall offer the allottees an alternative Flat or refund the amount in full with
interest at prevailing Savings account bank rates of State Bank of India, without any further
liability to pay any damages or compensation.

vii) “PROTECH” reserves the right to create charge on this complex for obtaining development and
other finance from any nationalized bank or financial Institution as PROJECT LOAN as it deems
fit and proper. However, on or before the execution of the deed of transfer the Flat will be
freed from all encumbrances.

viii) “PROTECH” will have the right to decide which block / building to construct first. All the
building may not be constructed simultaneously. The layout, landscaping, connectors and the
Flats as shown in the accompanying brochures are tentative and are subject to variation.
“PROTECH” may affect such variation, additions, alternations, deletions, and / or modifications
there as it may, deemed appropriate and fit or as may be directed by any Competence
authorities. Such alterations may include change in location regarding design, layout and
accommodation, entertained by “PROTECH”.

ix) Due to any operations of law or statutory order or otherwise as may be decided by PROTECH,
if a portion of the entire scheme is discounted or truncated then the allottees affected by such
disconnection or truncation will have no right of compensation from “PROTECH”. However,
“PROTECH” will refund all the money received from the allottees together with interest at the
then prevailing Savings account bank rates of State Bank of India.

x) In case during the course of construction and / or after the completion of the complex, further
construction on any portion of vacant land or building or terrace becomes possible /
permissible by GMDA/GMC, then PROTECH shall have the exclusive right to take up or
complete such further construction. In such a situation, the proportionate share of the allottee
in the Land and / or in the common area and facilities shall stand varied accordingly.

xi) “PROTECH” will have the right of putting up signage and hoarding neon sign of its name or the
name of its segment or affiliates, as well as their products, on the roof or walls or common
area of the Complex. However, the maintenance of the same shall have to be done by the
Society.

xii) “PROTECH” will not entertain any request for modification in the internal layout, fittings/
floorings etc of the Flat and also in the exterior facades of the building. No reimbursement or
deduction in the value of Flat shall be considered by “PROTECH” in case of allottees want (with
prior written approval / consent of “PROTECH”) to do some work / install some different
fittings / flooring etc on his / her own within the Flat and request “PROTECH” not to do such
work / install fittings / floorings etc within the Flat.

xiii) No request for any discount on any account whatsoever will be entertained by “PROTECH”.

xiv) In the event of paucity or non- availability of any material / article ‘PROTECH’ may use
alternative materials / articles of similar quality. Decision of ‘PROTECH’ on such changes shall
be final.

xv) Complaints, if any, regarding, of any, regarding fitting and fixtures etc provided in the Flat will
be required to be brought to the notice of ‘PROTECH’ within 15 days after taking over
possession of the Flat. In case allottee fails to takes physical possession within 4 months from
the deemed date of the possession, complaints of any nature will not be entertained relating to
fittings, fixture etc. and in such event, the allottee will have to take possession of the Flat on
“as is where is” basis.

10 | P a g e
xvi) Water supply will be made available from deep tube wells or any other available source as may
be permitted by the concerned authorities.

xvii) Certain infrastructure like Complex level drainage, sewerage, approach, road inside the
Complex including street lighting, firefighting equipment’s and its water supply network etc.
may be common with other dwelling Flats within ‘PROTECH’ TULIP Complex.

xviii) The allottee(s) may require to execute, if necessary, a formal agreement for sale, in such
form, as may be prescribed by ‘PROTECH’ within 15 days of being required in writing to do so
by ‘PROTECH’. Such agreement for sale will be in the Standard format of ‘PROTECH’.

xix) The applicant shall not be entitled to get the name of his / her nominee(s) substituted in his /
her place, other than as provided in clause 13 above.

xx) The occupancy certificate/ completion certificate by GMDA/GMC will be provided as and when
it is being issued to PROTECH.

xxi) After delivery of physical possession or the deemed date of possession, whichever is earlier, of
the Flat as stated in clause 11 herein above, the allottee shall be liable to pay to ‘PROTECH’ /
any other appropriate authorities on demand all rates, taxes, levies, deposits including security
deposit or assessments pertaining to the Flat wholly and for the common areas
proportionately.

xxii) The Terms and Conditions contained here shall be deemed to form part of the Application by
the intending allottee and all allotments shall be strictly subject to these Terms and conditions. The
contents of the accompanying brochures, leaflets and inserts and the application form contained in
the application kit are not legal documents and details and information stated therein are tentative
and subject to change at the sole discretion of ‘PROTECH’.

xxiii) The allottee (s) who wish to start the interior work before final Registration will have to make
full payment against the flat to start such work. No request to start the interior work will be
allowed without full and final payment.

xxiv) The DEVELOPER/BUILDER and PURCHASER/ALLOTEE, agrees to abide The Real Estate
(Regulation and Development) Act, 2016, Rules framed there under or any guidelines issued by
the regulatory authority under the aforesaid Act, as and when it becomes enforceable and/or
applicable to the parties. However, it is agreed between both the parties that the total
consideration amount of the Flats/Units shall remain unchanged and related tax and duties will be
charged and made payable as applicable by either of the parties.

xxv) All correspondence will be made with applicants at the correspondence address on
‘PROTECH’’s record initially indicated in the Application form, unless changed. Any change of
address will have to be notified in writing to ‘PROTECH” at its office and acknowledgement
obtained for such change. In case there is a joint allottee, all communications shall be send by
‘PROTECH’ to the first allottee and which shall for all purposes be considered as its having been
served on the joint allottee(s) also.

xxvi) The applicant must quote the application number as printed in the application and on
allotment, their Flat Number as indicated in the Allotment letter in all future correspondence.

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ANNEXURE – A
Payment Schedule (Please refer to clause 7A)
On Application : Rs. 5,00,000
On Allotment : Balance money (Within 30 days of Allotment)

ANNEXURE- B
Payment Schedule (Please refer to clause 7B)
On Application : Rs. 2,00,000/-(2BHK) or 3,00,000/-(3& 4 BHK)
On Allotment : 10% (-) Application Money
On Plinth work completion : 15%
On 1st Floor Roof casting : 10%
On 2nd Floor Roof casting : 15%
On 3rd Floor Roof casting : 10%
On 4th Floor Roof casting : 10%
On 5th Floor Roof casting : 10%
On 6th Floor Roof casting : 10%
At the time of Possession : Balance Amount

Payment of installment, and other incidental charges already due at the time of booking against
the UNIT/FLAT shall be payable immediately within 30 days from the date of booking.

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