DEVELOPMENT COST AND OTHER CHARGES Sample Clauses

DEVELOPMENT COST AND OTHER CHARGES. 2.1 The cost estimated towards the development and other charges are agreed at Rs. [7800000] (Rupees Seventy Eight Lakh Only) payable by the Allottee/s to the Promoter (“Development Cost and Other Charges”). The Allottee/s undertake to pay the associated taxes, cess and other statutory charges that may be applicable and leviable on the Development Costs and Other Charges, as and when invoiced by the Promoter. The details of the Development Cost and Other Charges are as follows Details Amount A Sale Consideration 7800000 Details Amount B Other Charges 1. Development Charges 290200 2. Legal Charges 25000 3. Township Corpus Fund 120000 Total 435200 1. GST on Sale Consideration 0 2. GST on Other Charges 56736 Total 56736 2.2 The development cost and other charges mentioned above are payable within 30 days from the date of intimation of possession. The Parties agree that the Promoter shall be entitled to withhold possession till all dues including the charges as mentioned herein below are duly paid. It is agreed between the Promoter and the Allottee/s that the payment as per the agreed payment schedule stated above is the essence of this Agreement.