Common use of Allottees to Mutate and Pay Rates & Taxes Clause in Contracts

Allottees to Mutate and Pay Rates & Taxes. The Allottees shall (1) pay all taxes, surcharge, levies, cess etc. (collectively “Rates & Taxes”) (proportionately for the Said Building and/or the Said project and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottees, on the basis of the bills to be raised by the Promoter/ the Association (upon formation) such bills being conclusive proof of the liability of the Allottees in respect thereof and (2) have mutation completed at the earliest. The Allottee confirms and agrees that as and when called upon by the Promoter (after execution and registration of the Deed of Conveyance), the Allottee shall execute and deliver all papers and documents as be required for obtaining separate apportionment/ assessment and mutation of the said flat in the name of the Allottee as the Allottee thereof at their own cost, expense and liability and the Allottee shall be liable and responsible for all the costs, expenses and consequences for the non-observance of this clause. In the event of there being any enhancement to/in the rates and taxes due to any act, deed or thing done or carried out by the Allottee at the said flat, such enhancement shall be paid and borne exclusively by the Allottee in addition to and over and above the aforesaid rates and taxes. It being clarified that understood that such assessment and mutation shall not absolve the Allottee of its continuing obligation to make payment of the proportionate share of the municipal rates and taxes in respect of the said Xxxxxxxx, as determined by the Promoter and/or / the Association (upon formation), as the case may be. The Allottees further admit and accept that the Allottees shall not claim any deduction or abatement in the bills of the Promoter/the Facility Manager or the Association (upon formation).

Allottees to Mutate and Pay Rates & Taxes. The Allottees shall (1) pay all taxesthe KMC Tax, surcharge, levies, cess etc. (collectively “Rates & Taxes”) (proportionately for the Said Building and/or the Said project Complex and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottees, on the basis of the bills to be raised by the Promoter/ Promoter/the Association (upon formation)/the Apex Body (upon formation) ), such bills being conclusive proof of the liability of the Allottees in respect thereof and (2) have mutation completed at the earliest. The Allottee confirms and agrees that as and when called upon by the Promoter (after execution and registration of the Deed of Conveyance), the Allottee shall execute and deliver all papers and documents as be required for obtaining separate apportionment/ assessment and mutation of the said flat in the name of the Allottee as the Allottee thereof at their own cost, expense and liability and the Allottee shall be liable and responsible for all the costs, expenses and consequences for the non-observance of this clause. In the event of there being any enhancement to/in the rates and taxes due to any act, deed or thing done or carried out by the Allottee at the said flat, such enhancement shall be paid and borne exclusively by the Allottee in addition to and over and above the aforesaid rates and taxes. It being clarified that understood that such assessment and mutation shall not absolve the Allottee of its continuing obligation to make payment of the proportionate share of the municipal rates and taxes in respect of the said Xxxxxxxx, as determined by the Promoter and/or / the Association (upon formation), as the case may be. The Allottees further admit and accept that the Allottees shall not claim any deduction or abatement in the bills of the Promoter/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation). Allottees to Pay Common Expenses/Maintenance Charges: The Allottees shall pay the Common Expenses/Maintenance Charges, on the basis of the bills to be raised by the Promoter /the Facility Manager/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Allottees in respect thereof. The Allottees further admit and accept that (1) the Allottees shall not claim any deduction or abatement in the bills relating to Common Expenses/Maintenance Charges and (2) the Common Expenses/Maintenance Charges shall be subject to variation from time to time, at the sole discretion of the Promoter /the Facility Manager/the Association (upon formation)/the Apex Body (upon formation). Allottees to Pay Interest for Delay and/or Default: The Allottees shall, without raising any objection in any manner whatsoever and without claiming any deduction or abatement whatsoever, pay all bills raised by the Promoter/the Facility Manager/the Association (upon formation), within 7 (seven) days of presentation thereof, failing which the Allottees shall pay interest @ 2% (two percent) per month or part thereof (compoundable monthly), for the period of delay, computed from the date the payment became due till the date of payment, to the Promoter/the Facility Manager/the Association (upon formation), as the case may be. The Allottees also admit and accept that in the event such bills remain outstanding for more than 2 (two) months, all common services shall be discontinued to the Allottees and the Allottees shall be disallowed from using the Common Areas Of the Real Estate Project/Whole Project Included Amenities.