Common use of COMMON AREAS AND FACILITIES Clause in Contracts

COMMON AREAS AND FACILITIES. A. The Common Areas and Facilities of the Luxury Zone and Luxury portion of the Future Development shall be handed over to the Association upon formation of such association by the owners of the Luxury Zone and Luxury portion of the Future Development (the “ASSOCIATION”). B. The Owners of the Luxury portion of the Future Development shall join the Association of the Luxury Zone as members. The Owners of the Commercial Apartments/units, if any, of the Future Development may at their discretion form a separate Association for themselves or join the Association of the Luxury Zone, as members. C. The Allottees are required to complete the formalities of becoming members of Association and also to comply with the Rules and Bye- laws of the Association. D. The Promoter shall at an appropriate time within a maximum period of 2 years from the Date of Completion Certificate or Partial Completion Certificate, as the case may be, of the all the Phases of Luxury Zone and Luxury portion of Future Development shall notify the scheme of formation of the Association to the allottees in accordance with the West Bengal Apartment Ownership Act so as to enable them to constitute/form such Association. E. The Allottee shall execute the necessary Declaration in Form-A, for submission of the Luxury Zone and Luxury portion of the Future Development to the provisions of the Apartment Ownership Act to enable the formation of the Association, either by himself, or through a Power of Attorney holder, when called upon by to do so by Xxxxxxxx, after receiving the Completion Certificate or Partial Completion Certificate, as the case may be.

COMMON AREAS AND FACILITIES. A. The Common Areas and Facilities of the Luxury Zone and Luxury portion of the Future Development shall be handed over to the Association upon formation of such association by the owners of the Luxury Zone and Luxury portion of the Future Development (the “ASSOCIATION”). B. The Owners of the Luxury portion of the Future Development shall join the Association of the Luxury Zone as members. The Owners of the Commercial Apartments/units, if any, of the Future Development may at their discretion form a separate Association for themselves or join the Association of the Luxury Zone, as members. C. The Allottees are required to complete the formalities of becoming members of Association and also to comply with the Rules and Bye- laws of the Association. D. The Promoter shall at an appropriate time within a maximum period of 2 years from the Date of Completion Certificate or Partial Completion Certificate, as the case may be, of the all the Phases of Luxury Zone and Luxury portion of Future Development shall notify the scheme of formation of the Association to the allottees in accordance with the West Bengal Apartment Ownership Act so as to enable them to constitute/form such Association. E. The Allottee shall execute the necessary Declaration in Form-A, for submission of the Luxury Zone and Luxury portion of the Future Development to the provisions of the Apartment Ownership Act to enable the formation of the Association, either by himself, or through a Power of Attorney holder, when called upon by to do so by XxxxxxxxPromoter, after receiving the Completion Certificate or Partial Completion Certificate, as the case may be.

COMMON AREAS AND FACILITIES. A. (A) The Common Areas and Facilities of the Luxury Zone and Luxury portion of the Future Development shall be handed over to the Association upon formation of such association by the owners of the Luxury Zone and Luxury portion of the Future Development (the “ASSOCIATION“ Association”). B. (B) The Owners of the Luxury portion of the Future Development shall join the Association of the Luxury Zone as members. The Owners of the Commercial Apartments/units, if any, of the Future Development may Development, may, at their discretion form a separate Association for themselves or join the Association of the Luxury Zone, as members. C. (C) The Allottees are required to Purchaser shall complete the formalities of becoming members a member of Association and also to comply with the Rules and Bye- Bye-laws of the Association. D. (D) The Promoter shall at an appropriate time within a maximum period of 2 years from the Date of Completion Certificate or Partial Completion Certificate, as the case may be, of the all the Phases of Luxury Zone and Luxury portion of Future Development shall notify the scheme of formation of the Association to the allottees purchasers in accordance with the West Bengal Apartment Ownership Act Xxxx Xxxxxx Xxxxxxxxx Xxxxxxxxx Xxx,0000 so as to enable them to constitute/form such Association. E. (E) The Allottee Purchaser shall execute the necessary Declaration in Form-A, for submission of the Luxury Zone and Luxury portion of the Future Development to the provisions of the Apartment Ownership Act to enable the formation of the Association, either by himself, or through a Power of Attorney holder, when called upon by to do so by XxxxxxxxPromoter, after receiving the Completion Certificate or Partial Completion Certificate, as the case may be.

COMMON AREAS AND FACILITIES. A. The Common Areas and Facilities of the Luxury Zone and Luxury portion of the Future Development shall be handed over to the Association upon formation of such association by the owners of the Luxury Zone and Luxury portion of the Future Development (the “ASSOCIATION”). B. The Owners of the Luxury portion of the Future Development shall join the Association of the Luxury Zone as members. The Owners of the Commercial Apartments/units, if any, of the Future Development may at their discretion form a separate Association for themselves or join the Association of the Luxury Zone, as members. C. The Allottees are required to complete the formalities of becoming members of Association and also to comply with the Rules and Bye- Bye-laws of the Association. D. The Promoter shall at an appropriate time within a maximum period of 2 years from the Date of Completion Certificate or Partial Completion Certificate, as the case may be, of the all the Phases of Luxury Zone and Luxury portion of Future Development shall notify the scheme of formation of the Association to the allottees in accordance with the West Bengal Apartment Ownership Act so as to enable them to constitute/form such Association. E. The Allottee shall execute the necessary Declaration in Form-A, for submission of the Luxury Zone and Luxury portion of the Future Development to the provisions of the Apartment Ownership Act to enable the formation of the Association, either by himself, or through a Power of Attorney holder, when called upon by to do so by XxxxxxxxPromoter, after receiving the Completion Certificate or Partial Completion Certificate, as the case may be.