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

CONSTRUCTION OF THE PROJECT/UNIT. The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the [Apartment] and accepted the f xxxx plan, payment plan and the specifications, amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications. Subject to the terms in this Agreement, the Promoter 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 New Town Planning Area Land Use and Development Control Rules, 2002 and New Town Kolkata Development Control Regulations, 2002 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 Promoter shall constitute a material breach of the Agreement.

Appears in 10 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!