| Terms and Conditions |
- Once a Allotted and agreements signed, the prices are firm.
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- Cost of Stamp Paper, Registration Charges, Legal and miscellaneous expenses in connection with the registration of land are to be borne by the purchasers. In case any additional stamp duty is claimed by the registration department, then that also has to be borne by the purchaser.
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Other expenses to be borne by the client include all local taxes, Sales Tax on Works Contactor VAT, service tax as applicable, Kerala Building Tax, Construction Workers Welfare Fund, or any statutory charges if any applicable or made applicable during the tenure of the contract or after its completion in relation to this project, KSEB Deposit and cabling charges as specified in the agreement, Monthly Maintenance Deposit/ Advance, cost of transformer and generator (common), water connection charges and the charges of extra works, if any.
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- The plans are not drawn to scale and are included only for the purpose of identification. Furniture layout is only an indication for space utilization. The elevation shown in the brochure is artist's expression only and the actuals may vary according to practical site conditions. All measurements and specifications shown in the brochure are subject to minor variations without specific or general notice. All such variations/ alterations shall be purely at the discretion of the Builder
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- The area is inclusive of wall thickness and porch.
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- Sanctioned building plans title deeds and other documents pertaining to this project is available at our office for reference.
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- Monthly maintenance expenses are to be shared among owners, as decided by the owners association, which include expenses for the maintenance of the common area, common amenities and facilities provided for the common lighting and security.
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- The maintenance will be carried out by the builder till the formation of owners association, which will take over the maintenance. Maintenance charges are payable by the owners on a monthly basis. Membership in the association is compulsory and not optional. Maintenance Deposit/Advance is collected from all the owners by the builder and after appropriating the expenses incurred by the builder during the period the maintenance was done by them, the builder shall transfer the balance amount to the association after its formation.
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- This is a time bound project. In case payments are not made as per agreement signed, the builder reserves the rig ht to cancel the allotment, in which case refund to the clients will be made only after re-allotting the unit to another party and such refund shall be without any interest and subject to deduction of 10% of total cost as expenses and damages.
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- Completion and delivery dates are indicated to give an idea of probable completion of the project. Every effort will be made to complete and handover the project with i n the stipulated time. The company is not responsible for any delay in obtaining water/ electricity connection due to the delay with the concerned departments. However no responsibility will be accepted for any delay in completing the project due to unforeseen circumstances, time taken for execution of alterations or additions work as per clients request and to obtain service connections from statutory bodies due to reasons beyond the control of the builder.
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- Documentation:
- Upon the payment of 40%, two agreements will be executed between the builder and the client, one for sale of the land and the other for execution of a construction contract to build a villa. Though separate considerations are specified in each agreement, the composite value of the land and that of the construction contract will be shown in the payment schedule. Necessary citation to this effect is given in the agreements.
- The sale deed for the land will be registered or caused to be registered in the name of the client by the Builder or the Landowner, as the same maybe, on receipt of the entire payment as per the agreements.
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- All payments should be crossed demand drafts / local cheques payable at Ernakulam drawn in favor of M/s
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- For delayed payments interests will be charged at the prevailing bank rates.
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- The Builder/ Marketing Agent reserve the right to accept or reject any application without assigning any reason there to.
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- This website is only for information and this does not constitute a legal offer/ invitation to an offer.
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