Preferential Location Charges. That the developer apart from basic price shall charge fixed Preferential Location charges (PLC) as applicable in consideration for certain apartments in the complex and if Purchaser(s) opts for booking of any such apartment, he/she shall be liable to pay such charges referred to such charges referred to as Preferential Location charges (PLC) and if due to change in layout plan or otherwise the said apartment ceases to be preferentially located, the Developer shall be liable to refund the amount of preferential location charges paid by the Purchaser(s) without any interest or compensation. The Developer has the sole discretion to decide a location as preferential location.
Appears in 10 contracts
Sources: Sale Agreement, Sale Agreement, Sale Agreement