Common use of SUBJECT TO Terms Clause in Contracts

SUBJECT TO Terms. and conditions as detailed in this agreement , the promoter agrees to sell to the Allottee and the Allottee hereby agrees to purchase, the Apartment as specified in para ‘O’ above in this agreement. only (“Total price”) which includes cost of Apartment, cost of exclusive balcony or verandah area, cost of exclusive open terrace areas, proportionate cost of common area, taxes, maintenance charges as per Clause 13. Breakup and description is more fully described in SCHEDULE – C hereunder written Explanation: I. The Apartment Price above includes the booking amount paid by the allottee to the Promoter towards the Apartment; The Apartment Price excluding GST, Extra Charges and Deposits is as mentioned in Schedule C. Other than the Apartment Price, Buyer is liable to pay GST as per the Act and extra charges and Deposits as detailed in the EOI (Clause F) and also in the Booking Letter (Table- 3 of Booking Letter). Schedule-C, EOI(Clause F) and Table-3 of Booking Letter together is for the sake of convenience only defined as total price( which includes taxes, extra charges and deposits). II. The Total Price above includes Taxes consisting of tax paid or payable by the Promoter by way of GST, Cess or any other similar taxes which may be levied, in connection with the construction of the Project payable by the Promoter up to the date of handing over the possession of the Apartment to the Allottee and the project to the Association of Allottees or the Competent Authority, as the case may be , after obtaining the completion certificate subject to Clause 13 hereafter providing that the cost of maintenance of the Apartment/Building or the Project or the Project shall be carried out by the Promoter upto a maximum period of 3 months after CC which shall be included in the total price. III. Also includes Extras and Deposits , Incidental Charges etc which is mutually fixed and non-negotiable and the Allottee will not raise any issues in this regard in future. Provided that in case there is any change / modification in the taxes, the subsequent amount payable by the allottee to the promoter shall be increased/reduced based on such change modification; Also Provided that the benefits arising out of implementation of GST act and rules in the form of Input Tax Credit or otherwise is already considered while determining the Final Purchase Consideration and the Allottee shall not claim, demand or dispute in regard thereto.. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration , if any, granted to the said Project by the Authority, as per the Act, the same shall not be charged from the Allottee. IV. The Promoter shall periodically intimate in writing to the Allottee, the amount payable as stated in (i) above and the Allottee shall make payment within 15 (FIFTEEN) days from the date of such written intimation. In addition, the Promoter shall provide to the Allottee the details of the taxes paid or demanded along with the acts/rules/notifications together with dates from which such taxes/levies etc. have been imposed or become effective V. The Total Price of Apartment includes recovery of proportionate price of land, construction of not only the Apartment but also the Common areas, internal development charges, external development charges, taxes, cost of providing electric wiring, electrical connectivity to the Apartment, Lift, Water line and plumbing, tiles, doors, windows, Fire detection and Fire fighting equipments in the common areas, Maintenance Charge as per Clause13 etc and includes cost for providing all other facilities, amenities and specifications to be provided within the Project and also, pro rata share in the Common Areas; exclusive rights in Open/Covered parking(s) (dependent/independent) as provided in the Agreement. VI. Payment of any instalment if made in advance shall be adjusted to the next instalment as mentioned above . No interest shall be paid by the Promoter for such Advance payments made by the Allottee or by Housing Finance Companies/Banks etc on behalf of Allottee. VII. The Allottee has been made aware that as required by the provisions of Sec 13 of the Act, this Agreement is required to be registered.

Appears in 1 contract

Sources: Agreement for Sale

SUBJECT TO Terms. and conditions as detailed in this agreement , the promoter agrees to sell to the Allottee and the Allottee hereby agrees to purchase, the Serviced Apartment as specified in para ‘O’ U above in this agreement. Sl. No. Description Rate Per Square Feet (In INR) Amount (In INR) A. Unit Price: [Please specify square feet rate] [Please specify total] a) Cost of Apartment /unit b) Covered Parking Space c) Height Escalation Charges TOTAL ADD GST TOTAL PRICE +GST B. EXTRA CHARGES a) Maintenance Charges b) club charges b) Generator c)Transformer Charges d) Legal Charges e) Association formation f) Incidental Charges Grill charges(if opted) Total ADD :GST TOTAL EXTRA CHARGES +GST C. DEPOSITS (i) Maintenance Deposit (ii) Electricity Meter (iii) Sinking Fund Total price (in rupees) 1.2.1 The Demand Notice for payment of Instalments, extras, deposits and other charges by E-Mail or SMS/ whatsapp/any other means shall be an accepted means of communication. The Promoter will accept payment of consideration and/or any other sum of money towards Extra Charges or Deposits only (“Total price”) which includes cost from the Allottee or the Co-Allottee and/or from the Bank or Financial Institution from whom the Allottee has obtained Housing Loan. Payment from any other third party other than the Allottee/Co-Allottee will not be accepted. Payment shall be deemed to have been made when credit is received for the same by the Promoter in its account. The Allottee shall submit the Cheques/ Drafts etc at the office of Apartmentthe Promoter against proper receipt issued by the Authorised person of the Promoter as otherwise if any cheque is misplaced , cost of exclusive balcony or verandah area, cost of exclusive open terrace areas, proportionate cost of common area, taxes, maintenance charges as per Clause 13the Allottee will be fully responsible for the same. Breakup and description is more fully described in SCHEDULE – C hereunder written Explanation: I. The Serviced Apartment Price above includes the booking amount paid by the allottee to the Promoter towards the Apartment; The Apartment Price excluding GST, Extra Charges and Deposits is as mentioned in Schedule C. Other than the Apartment Price, Buyer is liable to pay applicable GST as per the Act and extra charges and Deposits as detailed in the EOI (Clause F) and also in the Booking Letter (Table- 3 of Booking Letter)) shall be paid as and when required after the date of execution of this Agreement. Schedule-C, EOI(Clause F) and Table-3 Table- of Booking Letter together is for the sake of convenience only defined as total price( which includes taxes, extra charges and deposits). II. The Total Price above includes Taxes consisting of tax paid or payable by the Promoter by way of GST, Cess or any other similar taxes which may be levied, in connection with the construction of the Project payable by the Promoter up to the date of handing over the possession of the Apartment to the Allottee and the project to the Association of Allottees or the Competent Authority, as the case may be , after obtaining the completion certificate subject to Clause 13 hereafter providing that the cost of maintenance of the Apartment/Building Apartment /Building or the Project or the Project shall be carried out by the Promoter upto a maximum period of 3 months after CC/ Partial CC which shall be included in the total price. III. Also includes Extras and Deposits , Incidental Charges etc which is mutually fixed and non-negotiable and the Allottee will not raise any issues in this regard in future. Provided that in case there is any change / modification in the taxes, the subsequent amount payable by the allottee to the promoter shall be increased/reduced based on such change modification; Also Provided that the benefits arising out of implementation of GST act and rules in the form of Input Tax Credit or otherwise is already considered while determining the Final Purchase Consideration and the Allottee shall not claim, demand or dispute in regard thereto.. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration , if any, granted to the said Project by the Authority, as per the Act, the same shall not be charged from the Allottee. IVIII. The Promoter shall periodically intimate in writing to the Allottee, the amount payable as stated in (i) above and the Allottee shall make payment within 15 (FIFTEEN) days from the date of such written intimation. In addition, the Promoter shall provide to the Allottee the details of the taxes paid or demanded along with the acts/rules/notifications together with dates from which such taxes/levies etc. have been imposed or become effective V. IV. The Total Price of Apartment (as defined and calculated in Schedue C), includes recovery of proportionate price of land, construction of not only the Apartment but also the Common areas, internal development charges, external development charges, taxes, cost of providing electric wiring, electrical connectivity to the ApartmentApartment , Lift, Water line and plumbing, tiles, doors, windows, Fire detection and Fire fighting equipments in the common areas, Maintenance Charge as per Clause13 para11 etc and includes cost for providing all other facilities, amenities and specifications to be provided within the Project and also, pro rata share in the Common Areas; exclusive rights in Open/Covered parking(s) (dependent/independent) as if provided in the Agreement. VI. Payment of any instalment if made in advance shall be adjusted Agreement as separate addition to the next instalment as mentioned above . No interest shall be paid by the Promoter for such Advance payments made by the Allottee or by Housing Finance Companies/Banks etc on behalf of Allottee. VII. The Allottee has been made aware that as required by the provisions of Sec 13 of the Act, this Agreement is required to be registered.Schedule - C.

Appears in 1 contract

Sources: Agreement for Sale

SUBJECT TO Terms. and conditions as detailed in this agreement agreement, the promoter agrees to sell to the Allottee and the Allottee hereby agrees to purchase, the Apartment theApartment as specified in para ‘O’ above in this agreement. 1. only 2The consideration of total price of the (Apartment) based on the carpet area is Rs.«Grand_Total_with_GST»/- (Rupees «Grand_Total_Price_in_Words» only) (“Total price”) which includes the cost of Apartment, cost of exclusive balcony or verandah proportionate right of common area, cost of the right of exclusive open terrace areasusage of private garden, proportionate cost of common areathe right of exclusive usage of Covered/Open dependent / independent car and/or Covered/Open Bike parking, cost of the non-exclusive usage/membership of the Club House, and cost and expenses incurred an/or to be incurred on account of various External Development Charges (EDC), taxes, maintenance charges as per Clause 13. Breakup and description is more fully described in SCHEDULE C hereunder written Explanation:written I. The Apartment Price above includes the booking amount paid by the allottee to the Promoter towards the Apartment; The Apartment Price excluding GST, Extra Charges and Deposits is as mentioned in Schedule C. Other than the Apartment Price, Buyer is liable to pay GST as per the Act and extra charges and Deposits as detailed in the EOI (Clause F) and also in the Booking Letter (Table- 3 of Booking Letter). Schedule-C, EOI(Clause F) and Table-3 of Booking Letter together is for the sake of convenience only defined as total price( which includes taxes, extra charges and deposits). II. The Total Price above includes Taxes consisting of tax paid or payable by the Promoter by way of GST, Cess or any other similar taxes which may be levied, in connection with the construction of the Project payable by the Promoter up to the date of handing over the possession of the Apartment to the Allottee and the project to the Association of Allottees or the Competent Authority, as the case may be be, after obtaining the completion certificate subject to Clause 13 hereafter providing that the cost of maintenance of the Apartment/Building or the Project or the Project shall be carried out by the Promoter upto a maximum period of 3 months after CC which shall be included in the total price. III. Also includes Extras and Deposits , Incidental Charges etc which is mutually fixed and non-negotiable and the Allottee will not raise any issues in this regard in future. Provided that in case there is any change / modification in the taxes, the subsequent amount payable by the allottee to the promoter shall be increased/reduced based on such change modification; Also Provided that the benefits arising out of implementation of GST act and rules in the form of Input Tax Credit or otherwise is already considered while determining the Final Purchase Consideration and the Allottee shall not claim, demand or dispute in regard thereto.. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration , if any, granted to the said Project by the Authority, as per the Act, the same shall not be charged from the Allottee. IVII. The Promoter shall periodically intimate in writing to the Allottee, the amount payable as stated in (i) above and the Allottee shall make payment within 15 (FIFTEEN) days from the date of such written intimation. In addition, the Promoter shall provide to the Allottee the details of the taxes paid or demanded along with the acts/rules/notifications together with dates from which such taxes/levies etc. have been imposed or become effective V. III. The Total Price of Apartment includes recovery of proportionate price of land, construction of not only the Apartment but also the Common areas, internal development charges, external development charges, taxes, cost of providing electric wiring, electrical connectivity to the Apartment, Lift, Water line and plumbing, tiles, doors, windows, Fire detection and Fire fighting equipments in the common areas, Maintenance Charge as per Clause13 etc and includes cost for providing all other facilities, amenities and specifications to be provided within the Project and also, pro rata share in the Common Areas; exclusive rights in Open/Covered parking(s) (dependent/independent) as provided in the Agreement. VI. Payment of any instalment if made in advance shall be adjusted to the next instalment as mentioned above . No interest shall be paid by the Promoter for such Advance payments made by the Allottee or by Housing Finance Companies/Banks etc on behalf of Allottee. VIIIV. The Allottee has been made aware that as required by the provisions of Sec 13 of the Act, this Agreement is required to be registered.

Appears in 1 contract

Sources: Agreement for Sale