Common Amenities Maintenance Charges. (Post Handover Of The Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-ment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Building. Until the Association of Allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association of Apartment Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 /- ( Two Thousand Six Hundred Twenty) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
Appears in 2 contracts
Samples: Sale Agreement, Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-ment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Building. Until the Association of Allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association of Apartment Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 5080.00 /- ( Two Five Thousand Six Hundred TwentyEighty) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
Appears in 2 contracts
Samples: Sale Agreement, Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartmentsaid Plot) Commencing a week after notice in writing is given by the Promoter to the Allottee/s Allottee that the said Apartment Plot is ready for use and occupation, the Allottee/s Allottee shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s)Project, the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-mentGovernment, Local and Public Bodies and Authorities, water charges, insurance premiapremium if any, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Chargesand other charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said BuildingProject. Until the Association of Allottees owners is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association Association of Apartment Allottees Plot Owners shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s Allottee further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s Allottee shall pay to the Promoter a provisional contribution of INR 2620.00 /- ( Two Thousand Six Hundred Twenty) Rs 12765.83/- per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s Allottee to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s Allottee agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
Appears in 1 contract
Samples: Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartment) ):
2.4.1 Commencing a week after notice in writing is given by completion of the Promoter to the Allottee/s that the said Apartment is ready for use and occupation, Initial Maintenance Period the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project Schedule A Property and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-ment, Local and Public Bodies and Authorities, water charges, insurance premiapremium, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectorscollec-tors, chowkidars securities (chowkidars) and sweepers, WTP, STP and TOK Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project Schedule A Property and the said BuildingBuilding “ANCHORAGE”. Until the Association of Allottees Apartment Owners/Society which will be in the name and style as “Anchorage Owners’ Association” and/or Federation of Associations is formed and registered and the Project as the case may beSchedule A Property, is transferred to it as aforesaidafore , the Allottee/s /Association of Apartment Allottees Owners shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. , in its sole, absolute and unfettered discretion, and the decision of the Promoter in this regard shall be con-clusive, final and binding on the Allottee/s. The Allottee/s further agree/s, undertake undertake/s and covenant covenant/s that till the AllotteesAllottee/s s' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 /- ( Two Thousand Six Hundred Twenty) Rs. 3.75 per sq.ft., per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association Association/Society and/or Federation of Associations and handover of the accounts to such an Associationentity. The Allottee/s agree/s, undertake undertake/s and covenant covenant/s to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
2.4.2 It is expressly clarified, agreed and understood between the parties hereto that the Allottee/s and/or Association shall be liable to bear and pay to the Promoter the proportionate share of all the outgoings in respect of maintenance and upkeep of all the common areas and common amenities, as well as facilities including the Internal Roads, Landscaped gardens situated within the Complex, i.e. the HOUSE OF HIRANANDANI –EGATTUR, OMR till the completion of the development of the Complex. Subject to the payments by the Allotee/s given herein above for the maintenance of the Schedule A Property, the Promoter will be responsible for the maintenance of the Schedule A Property for 18 months from completion of the Building “ANCHORAGE”, renewable at the option of the Promoter. The maintenance charges shall be calculated based on actual expenses for maintenance plus 20% for supervision and overheads excluding GST, statutory levies at present and or in future, as applicable for each period of 18 months with respect to the Schedule A Property and shall be paid in advance of the commencement of the 18 months. The aforesaid payments shall be made through the Association of the apartment owners that shall be formed and in the event of any default of payment committed by the Allottee/s; the Allottee/s shall be liable to pay the aforesaid amounts with delay interest as decided by the Promoter and/or as mandated under the Act.
Appears in 1 contract
Samples: Construction Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Said Building, including repairs to the exterior and interior of the said Said Building (but excluding the interior of the said Said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-mentGovernment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Said Building. Until the Association of Allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association Association of Apartment Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 /- 7240.00 /-( Seven Thousand Two Thousand Six Hundred TwentyForty) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance. It is expressly clarified, agreed and understood between the parties hereto that the Allottee/s and/or Said Association shall be liable to bear and pay to the Promoter the proportionate share of all the outgoings in respect of maintenance and upkeep of all the common areas and common amenities, as well as Facilities including the Internal Roads, Landscaped gardens and Club House till the completion of the development of the Project. The Promoter will be responsible for the maintenance of the Schedule property for 5 years renewable at the option of the Promoter. The maintenance charges shall be calculated based on actual expenses for maintenance plus 20% for supervision and overheads excluding GST, statutory levies at present and or in future, as applicable for each period of 12 months with respect to the Schedule 'A' Property and shall be paid in advance of the commencement of the Said 12 months. The aforesaid payments shall be made through the Association of the Allottees that shall be formed and in default of payment committed by the Allottee/s; the Allottee/s shall be liable to pay the aforesaid amounts with delay interest.
Appears in 1 contract
Samples: Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The of the Apartment) ):
i. Commencing a week after notice in writing is given by completion of the Promoter to Initial Maintenance Period the Allottee/s that the said Apartment is ready for use and occupation, the Allottee/s Allottee shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project Schedule A Property and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-mentGovernment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP and TOK Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project Schedule A Property and the said BuildingBuilding EDINA. Until the Association of Allottees Apartment Owners/Society and/or Federation of Associations is formed and registered and the Project as the case may beSchedule A Property, is transferred to it as aforesaid, the Allottee/s Allottee /Association of Apartment Allottees Owners shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time, in its sole, absolute and unfettered discretion, and the decision of the Promoter in this regard shall be conclusive, final and binding on the Allottee. The Allottee/s Allottee further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s Allottee shall pay to the Promoter a provisional contribution of INR 2620.00 /- ( Two Thousand Six Hundred Twenty) Rs.3.75 per sq ft. per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s Allottee to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association said Association/Society and/or Federation of Associations and handover of the accounts to such an Associationentity. The Allottee/s Allottee agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
ii. It is expressly clarified, agreed and understood between the parties hereto that the Allottee/s and/or said Association shall be liable to bear and pay to the Promoter the proportionate share of all the outgoings in respect of maintenance and upkeep of all the common areas and common amenities, as well as Facilities including the Internal Roads, Landscaped gardens and Club House situated within the said Complex, i.e. the HOUSE OF HIRANANDANI – EGATTUR, OMR till the completion of the development of the said Complex. Subject to the payments by the Allotee given herein above for the maintenance of the Schedule A Property, the Promoter will be responsible for the maintenance of the Schedule A Property for 5 years from completion of the said Building EDINA, renewable at the option of the Promoter. The maintenance charges shall be calculated based on actual expenses for maintenance plus 20% for supervision and overheads excluding GST, statutory levies at present and or in future, as applicable for each period of 12 months with respect to the Schedule A Property and shall be paid in advance of the commencement of the said 12 months. The aforesaid payments shall be made through the Association of the apartment owners that shall be formed and in default of payment committed by the Allottee; the Allottee shall be liable to pay the aforesaid amounts with delay interest as decided by the Promoter and/or as mandated under the Act.
Appears in 1 contract
Samples: Construction Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-ment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Building. Until the Association of Allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association of Apartment Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 0.00 /- ( Two Thousand Six Hundred TwentyZero ) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
Appears in 1 contract
Samples: Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The said Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Building, including repairs to the exterior and interior of the said Building (but excluding the interior of the said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-mentGovernment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP and TOK Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Building. Until the Association of Allottees owners is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the AllotteeAllottees/s /Association Association of Apartment Allottees Owners shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 /- ( Two Thousand Six Hundred TwentyRs. 3.75/-(Three Rupees and seventy Five Paise per Sq ft only) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s Allottee to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s Allottee agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.basis
Appears in 1 contract
Samples: Sale Agreement
Common Amenities Maintenance Charges. (Post Handover Of The Apartment) Commencing a week after notice in writing is given by the Promoter to the Allottee/s that the said Said Apartment is ready for use and occupation, the Allottee/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project and the said Said Building, including repairs to the exterior and interior of the said Said Building (but excluding the interior of the said Said Apartment hereby agreed to be sold to the Allottee/s), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Govern-mentGovernment, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages/corridors, staircases, water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP Charges, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said Said Building. Until the Association of Allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/s /Association Association of Apartment Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee/s further agree, undertake and covenant that till the Allottees' share is so determined, the Allottee/s shall pay to the Promoter a provisional contribution of INR 2620.00 /- 7040.00 /-( Two Seven Thousand Six Hundred TwentyForty) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee/s to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee/s agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance. It is expressly clarified, agreed and understood between the parties hereto that the Allottee/s and/or Said Association shall be liable to bear and pay to the Promoter the proportionate share of all the outgoings in respect of maintenance and upkeep of all the common areas and common amenities, as well as Facilities including the Internal Roads, Landscaped gardens and Club House till the completion of the development of the Project. The Promoter will be responsible for the maintenance of the Schedule property for 5 years renewable at the option of the Promoter. The maintenance charges shall be calculated based on actual expenses for maintenance plus 20% for supervision and overheads excluding GST, statutory levies at present and or in future, as applicable for each period of 12 months with respect to the Schedule 'A' Property and shall be paid in advance of the commencement of the Said 12 months. The aforesaid payments shall be made through the Association of the Allottees that shall be formed and in default of payment committed by the Allottee/s; the Allottee/s shall be liable to pay the aforesaid amounts with delay interest.
Appears in 1 contract
Samples: Sale Agreement