Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 20 contracts
Samples: Agreement for Sale, Agreement for Sale, Draft Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount Booking Amount (i.e. 10% of the Total PriceConsolidated Price plus applicable taxes) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall Allottee)shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 5 contracts
Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other Allottee(other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allottee) shall Allottee)shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 3 contracts
Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 3 contracts
Samples: Agreement for Sale, Agreement for Sale, shalimar.edensolaris.com
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter and the First Owner to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter and the First Vendor against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 2 contracts
Samples: Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration reg- istration charges incurred by the allottee) shall be returned by the Promoter to the Allottee Al- lottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 2 contracts
Samples: Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee Allottee(s) shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee Allottee(s) proposes to cancel/withdraw from the project Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for total price of the allotmentUnit with applicable tax. The balance amount of money paid by the allottee Allottee(s) (other than Taxes taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee Allottee(s) without interest, and without any loss to the promoter Promoter and only out of the amounts received by the Promoter against sale Sale of the Designated said Apartment to any other interested personpersons. The allottee shall, shall at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 2 contracts
Samples: Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee Allottee(s) shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee Allottee(s) proposes to cancel/withdraw from the project Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee(s) (other than Taxes taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee Allottee(s) without interest, and without any loss to the promoter Promoter and only out of the amounts received by the Promoter against sale Sale of the Designated said Apartment to any other interested personpersons. The allottee shall, shall at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 2 contracts
Samples: Agreement for Sale, Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the PromoterDeveloper, the Promoter Developer herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter Developer to the Allottee without interest, and without any loss to the promoter Developer and only out of the amounts received by the Promoter Developer against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the PromoterDeveloper.
Appears in 2 contracts
Samples: Wbhira Agreement for Sale, Wbhira Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount Booking Amount (i.e. 10% of the Total PriceConsolidated Price plus applicable taxes) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allottee) shall Allottee)shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his his/her own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided approved in the Act: .Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10which is total amount paid by Allottee upto the execution of this agreement i.e.10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee Allottee(s) shall have the right to cancel/withdraw his allotment hisallotment in the Project as provided in the Act: Provided that where the Allottee Allottee(s) proposes to cancel/withdraw from the project Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 105% of the Total Price) total amount paid for by the allotment. The balance amount of money paid by the allottee Allottee(s) (other than Taxes taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee Allottee(s) without interest, and without any loss to the promoter Promoter and only out of the amounts received by the Promoter against sale Sale of the Designated said Apartment to any other interested personpersons or within 45 days of acceptance of such cancellation. The allottee shall, shall at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is shall be entitled to forfeit the booking amount (i.e. i.e., 10% of the Total Price) paid for the allotment. .The balance amount of money paid by the allottee (other Allottee(other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. .The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Draft for Approval
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall allottee)shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking Application amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount Booking Amount (i.e. 10% of the Total PriceConsolidated Price plus applicable taxes) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is shall be entitled to forfeit the booking amount (i.e. i.e., 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and dutyand registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee Allottee(s) shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee Allottee(s) proposes to cancel/withdraw from the project Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Pricetotal price, with applicable taxes) paid for the allotment. The balance amount of money paid by the allottee Allottee(s) (other than Taxes taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee Allottee(s) without interest, and without any loss to the promoter Promoter and only out of the amounts received by the Promoter against sale Sale of the Designated Apartment to any other interested personpersons. The allottee shall, shall at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee Allottee (other than Taxes paid by the allottee Allottee and/or stamp duty and registration charges incurred by the allotteeAllottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale transfer of the Designated Apartment Property to any other interested person. The allottee Allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Draft for Approval
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit 9forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.the
Appears in 1 contract
Samples: Draft for Wbhira
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute exe- cute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Draft for Approval
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided (except for occurrence in the Act: Force Majeure), Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the Promoter, the Promoter herein is entitled to forfeit the booking amount (i.e. 10% of the Total Price) paid for the allotment. The balance amount of money paid by the allottee (other than Taxes paid by the allottee and/or stamp duty and registration charges incurred by the allottee) shall be returned by the Promoter to the Allottee without interest, and without any loss to the promoter and only out of the amounts received by the Promoter against sale of the Designated Apartment to any other interested person. The allottee shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter.
Appears in 1 contract
Samples: Agreement for Sale