Common use of Alteration in Layout Plans, Designs and Specifications Clause in Contracts

Alteration in Layout Plans, Designs and Specifications. i. That the Developer shall have the right to effect suitable alterations in the layout plan, if and when found necessary or as required by the concerned regulatory authorities or otherwise. Such alterations may include change in location, preferential location, number, increase or decrease in the number of apartments, floor, block or area of the Apartment. To implement such change and if considered necessary, the Developer may also execute a supplementary agreement with the Purchaser(s) Provided, however, if as a result thereof, there be any change in the location, preferential location, number, boundary or area of the said Apartment, such change in the area shall inter-alia entail proportionate increase or decrease in the Consideration of the built-up Apartment at the original rate at which the Apartment was booked.