Common use of POSSESSION OF THE DWELLING UNIT Clause in Contracts

POSSESSION OF THE DWELLING UNIT. 7.1 Schedule for possession of the said / Dwelling Unit: 7.2 Procedure for taking possession 7.2.1 The CGEWHO, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the dwelling unit, to the Allottee in terms of this Agreement for Sub Lease Deed to be taken within 2 (two) months from the date of issue of such notice/ offer of possession and the CGEWHO shall give possession of the dwelling unit to the Allottee. Provided that, in the absence of Applicable Law the conveyance deed in favour of the Allottee(s) shall be carried out by the CGEWHO within 3 months from the date of issue of completion certificate/occupancy certificate subject to the timely co-operation from the Allottee(s) as the nature of the said act prerequisites co-operation. The CGEWHO agrees and undertakes to indemnify the Allottee in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the CGEWHO. The Allottee agree(s) to pay the maintenance charges as determined by the CGEWHO/association of allottees, as the case may be. The CGEWHO on its behalf shall offer the possession to the Allottee in writing within 45 days of receiving the occupancy certificate of the Project. That the final finishing of the Dwelling Unit shall be done after deposition of entire amount and obtaining no dues certificate from the CGEWHO. It is hereby clarified that the stamp duty and other statutory costs for registration of the conveyance deed and also for registration of this Agreement for Sub Lease Deed shall be entirely borne by the Allottee(s). 7.2.2 The Allottee shall be required to complete their full and final settlement and clear all pending dues, amounts, instalments, charges, interest, etc. (as provided in the offer for handover of possession) along with stamp duty and other statutory costs for registration of the conveyance deed; within a period of 1 (one) months from the date of offer of handover of possession given by the CGEWHO after obtaining the part occupancy Certificate/completion certificate whichever is applicable. Only after the registration of Conveyance Deed, the physical possession of the dwelling unit will be offered. After signing of -check list and full and final payment of all pending dues, amounts, instalments, charges, interest, etc. by the Allottee, the CGEWHO will commence the fit-outs in the said Apartment. Provided that the process of fit-outs of the Apartment generally takes a period of 60 days from the date of full and final payment by the Allottee. However, the same will be done on first come first basis, and the period of completion of fit-out activities may vary accordingly, but in no case, it shall take more than 90 days.