Common use of CONSTRUCTION OF THE PROJECT/ FLAT Clause in Contracts

CONSTRUCTION OF THE PROJECT/ FLAT. The Purchaser has seen the proposed layout plan, specifications, amenities and facilities of the Flat and One Parking Space and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Vendor/Developer . The Vendor/Developer or shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities, Subject to the terms in this Agreement, the Vendor/Developer undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the HIRA and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Vendor/Developer shall constitute a material breach of this Agreement. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the Promoter, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials and specifications as set out in Schedule D of this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

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CONSTRUCTION OF THE PROJECT/ FLAT. The Purchaser has seen the proposed layout plan, specifications, amenities and facilities of the Flat and One Parking Space and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Vendor/Developer . The Vendor/Developer or shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities, Subject to the terms in this Agreement, the Vendor/Developer undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the HIRA and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Vendor/Developer shall constitute a material breach of this Agreement. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the Promoter, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials and specifications as set out in Schedule D of this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

CONSTRUCTION OF THE PROJECT/ FLAT. The Purchaser has seen the proposed layout plan, specifications, amenities and facilities of the Flat and One Parking Space and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Vendor/Developer Developer. The Vendor/Developer or shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities, Subject to the terms in this Agreement, the Vendor/Developer undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the HIRA Real Estate Authorities and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, plans and breach of this term by the Vendor/Developer shall constitute a material breach of this Agreement. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the PromoterVendor/Developer, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter Vendor/Developer shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials and specifications as set out in Schedule D E of this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

CONSTRUCTION OF THE PROJECT/ FLAT. The Purchaser has seen the proposed layout plan, specifications, amenities and facilities of the Flat and One Parking Space and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Vendor/Developer . The Vendor/Developer or Vendor shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities, Subject to the terms in this Agreement, the Vendor/Developer Vendor undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the HIRA and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Vendor/Developer Vendor shall constitute a material breach of this Agreement. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the PromoterVendor, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter Vendor shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials and specifications as set out in Schedule D of this Agreement.

Appears in 1 contract

Samples: Sale Agreement

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CONSTRUCTION OF THE PROJECT/ FLAT. The Purchaser has seen the proposed layout plan, specifications, amenities and facilities of the Flat and One Parking Space and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Vendor/Developer . The Vendor/Developer or Vendor shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities, Subject to the terms in this Agreement, the Vendor/Developer Vendor undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the HIRA and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Vendor/Developer Vendor shall constitute a material breach of this Agreement. In the event of any change in the specifications necessitated on account of any Force Majeure events or to improve or protect the quality of construction, the Promoter, on the recommendations of the Architect, shall be entitled to effect such changes in the materials and specifications provided the Promoter shall ensure that the cost and quality of the substituted materials or specifications is equivalent or higher than the quality and cost of materials and specifications as set out in Schedule D of this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

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