TERMS AND CONDITIONS
Category of flats shall be decided sfter receiving of sufficient numbers of booking of flats in specific categories. We do not levy any separate charges for PLC. we cannot make any preferential allotment with respect to particular floor or location. Allotment is purely on a draw basis presided over by the authorised person of DDA/registrar. you will appreciate that every member must be given an equal footing.hence.
AVAILABILITY OF MEMBERSHIP
Allotment and approval of membership is purely on first come first serve basis.
Payment towards the land cost will need to be deposited immediately along with application form duly filled in. Land Cost is Rs. 1500 per sq ft for everyone. Once construction commences a Construction Linked Payment Plan (CLPP) will be designed and all members shall adhere strictly to the said Plan. If needed Banks and Financial institutions will provide Home Loan to the members. Construction cost expected to be given after 3 to 4 years. Cheque or bank draft/pay order in favour of "Siberian construction and developers pvt. ltd." or in cash at our registered office or branch office. Outstation cheques /drafts shall be accepted.
The applicant(s) may nominate maximum two persons as his/her/their nominee and can also change there nominees name any time before allotment.
There will be escalation on the land cost parameter. The land cost is fixed as on date. There will be no escalation on the land cost parameter. With regards to construction cost, we have taken into consideration our Architects estimation. The estimate is based on possible prices of construction material in the year 2014.however, any major escalation in the basic cost of materials will be factored into the costing and shall be shared by all members proportionate to the category of flat chosen by them. In future construction cost as well as land cost can also increase and decrease. Since this is a new project area,the contruction is likely to start soon as per the dda notifications.
SURRENDER OF MEMBERSHIP
On receipt of written application from the original members following amount shall be refunded:-
Admission Money : 1110.00 only
Refund : Regarding Land Cost, construction cost, etc. full amount shall be refunded to the member where any new member replaces his/her, then only he/she would get his/her money back.
Transfer : The member can transfer his/her membership without paying any charges. Sale NOC will be required before selling.
IMPORTANT SUGGESTIONS / INSTRUCTIONS TO THE HON’ABLE APPLICANTS
1) No entry shall be made by the applicant in the share certificate and reciepts.
2) After paying any amount to the company,please do demand the receipt from the collector.If the receipt is not received,do inform the registered office in writing.
3) Please bring the payment schedule to the branch office or registered office for the purpose of updation of payments made.
4) Please verify the entries in your payment schedule and receipt issued by the company.
5) The applicants are advised to keep their share certificate and receipts in place of safety.
6) Any changes in the address of the applicant shall be immedietly intimated to registered office or branch office in writing with address proof.
7) If any discrepancy or difference in the amount is found between the entries made in the payment schedule and receipts duly countersigned by the authorized signatory of the office bearing seal of the company’s office,payment shall be made on the basis of receipts only.
8) Fabricating or forging any false entry in the payment schdule is a penal offence. The company reserves its right to prosecute the person concerned and his/ her membership will be cancelled.no payment will be returned in this case.
9) Booking amount is accepted on the understanding that the applicant assumes full responsibility for genuineness,validity and correctness of all signatures and endorsememt appearing theron and their sources of fund.
10) If any how, company will not be able to build his “VIRASAT HILLS” project,the company will return all the money received by each applicant.
11) In case of NATURAL death of a applicant,the membership will be automatically transfered according to his or her will (death certificate needed)
12) If a applicant will not pay the land cost and construction cost on time his/her membership can be cancelled by the company and no amount will be refunded.
13) Taxes/cess or any other levy as well as the stamp duty registration charges or incidential charges there to in respect of any transaction between the applicant and the company or between the applicant or any other third party shall be borne by the applicant.
Designed By : WEBSITE NAGRI