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PROJECT |
SREEVATSA RESIDENCY - APARTMENTS |
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| GENERAL
TERMS AND CONDITIONS : |
| 1.
Company reserves the right to accept or reject the bookings. |
| 2.
Cost of flat,car park and private terrace subject to change without notice. Hence total cost of the flats as prevailing on the date of actual booking alone will apply. |
| 3.
Stamp duty @ 8 % and Registration charges @ 1 % are normally calculated on the actual consideration for the proportionate undivided share in land or on the prevailing guideline value for the proportionate undivided share in land which ever is higher.
Increase in Stamp Duty and Registration charges or increase in Guideline rate will lead to an increase in the stamp duty and registration charges which will have to be borne by the allottee.
Normally the guideline rate will be revised on 1st of April every year.
If the registration takes place after commencement of construction activities at site then the charges payable include an additional element. This will be in proportion to the value of construction executed and estimated by the registration authorities. As such charges towards registration are to be borne by the allottees as estimated at the then prevailing rates. |
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| 4.
Corpus Fund is created to ensure smooth working of the Association of Residents.The total amount collected, will be handed over to the duty elected office bearers of the Association. |
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5. Deposits and levies payable to the Competent Authorities like T.N.E.B and Corporation of Coimbatore for water connection, sewage connection, property tax etc., for service connection and such other charges that may be introduced prospectively or retrospectively, will be extra and is payable by the allottees prior to their taking possession of their flats as per actuals.
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PROJECT |
SREEVATSA RESIDENCY - VILLAS |
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| GENERAL
TERMS AND CONDITIONS : |
| 1.
Company reserves the right to accept or reject the bookings. |
| 2.
Cost of Villas, car park and private terrace subject to change without notice. Hence total cost of the Villas as prevailing on the date of actual booking alone will apply. |
| 3.
Stamp duty @ 8 % and Registration charges @ 1 % are normally calculated on the actual consideration or on the prevailing guideline value of land which ever is higher.
Increase in Stamp Duty and Registration charges or increase in Guideline rate will lead to an increase in the stamp duty and registration charges which will have to be borne by the allottee.
Normally the guideline rate will be revised on 1st of April every year.
If the registration takes place after commencement of construction activities at site then the charges payable include an additional element. This will be in proportion to the value of construction executed and estimated by the registration authorities. As such charges towards registration are to be borne by the allottees as estimated at the then prevailing rates. |
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| 4.
Corpus Fund is created to ensure smooth working of the Association of Residents. The total amount collected, will be handed over to the duty elected office bearers of the Association. |
| |
|
5. Deposits and levies payable to the Competent Authorities like T.N.E.B and Corporation of Coimbatore for water connection, sewage connection, property tax etc., for service connection and such other charges that may be introduced prospectively or retrospectively, will be extra and is payable by the allottees prior to their taking possession of their flats as per actuals.
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