Completion of Sale & Possession. Not withstanding anything contained herein, the completion of sale and the possession shall take place only upon:-
i. completion of construction of the said Building and/or the Said Apartment is ready for occupation; and
ii. receipt of the Completion Certificate/Occupation Certificate/Part Occupation Certificate/ Building Use Permission as required to be obtained under prevailing law has been provided by competent authority; and
iii. receipt of the consideration from the Allottee/s as set out in the Schedule 'E' ; and
iv. receipt by the Promoter of Total Sale Consideration including all other charges hereto along with the interest on late payments; and
v. receipt of all amounts required to be paid by the Allottee/s for any additional specifications for the Said Apartment; and
vi. Execution and registration of Sale Deed by affixing necessary stamp duty and payment of registration fee, cess, legal charges and other incidental charges by the Allottee/s.
Completion of Sale & Possession. 4.1 The purchase of the said Property is subject to the condition mentioed below (“Condition Precedent”) to be fulfilled by the Owner:
(i) The Purchasers have completed Due Diligence of the said Property and the Owner has proved to the satisfaction of the Purchasers the right of the Owner over the said Property and the Purchasers have issued a Go-ahead Notice; and
(ii) The Owner has erected brick built boundary (“Boundary Wall”) wall around the periphery of the said Property at its own costs.
4.2 The Owner shall after satisfying the Purchasers about the erection of the Boundary Wall share a copy of the Go-ahead Notice duly signed on a date which shall not be a date later than 2 (two) days from the date of receipt of the Go-ahead Notice (“CP Fulfilment Date”).
4.3 After the execution and registration of Conveyance Deed this agreement will be called as a completed transaction (“Completion” and the date on which the Completion takes place is hereinafter referred to as the “Completion Date”).
