Maintenance and Association. The Promoter may manage and maintain the common parts and utilities of the Project by itself or may hand over these to the Maintenance Company for which all Allottees may be required to execute an Agreement (“Management Agreement”) with the Maintenance Company.
Maintenance and Association. 2.1 Upon completion of the Project and obtaining of the completion certificate of the Project and formation and operationalization of the Association of the Allottees, the Promoter will hand over management for maintenance of the Project to the Association for which the Allottee may be required to execute an agreement. The Allottee will be required to complete the formalities of becoming a member of the Association. The Allottee shall observe and abide by all the byelaws, rules and regulations prescribed by the Association in regard to user and enjoyment of the Allotted Apartment and common areas and facilities in the Project.
Maintenance and Association. Maintenance Upon completion of the Project the Promoter will hand over its management for maintenance to the Association for which the Allottees may be required to execute an agreement (“Maintenance Agreement”) with the Association. The Allottees will be required to complete the formalities of becoming a member of the Association. The Allottees shall observe and abide by all the bye-laws, rules and regulations prescribed by the Association in regard to ownership or enjoyment of the Apartment or common areas and facilities in the Project. In the event the Association has been formed but there is/are Apartments in the Building that are not sold by the Promoter, till such time the unsold Apartments are not sold or transferred, all outgoings pertaining to the unsold Apartments shall be payable by the Promoter. Further the Allottees and/or the association shall not do any act deed or thing which may restrict or impede transfer of the unsold Apartments to any of the prospective Allottees. For the enjoyment and maintenance of the common areas and facilities of the Project, the Allottees shall be liable to remit per month the proportionate Maintenance Charges of such area and facilities as may be fixed by the Promoter and upon completion the Association from time to time. The Maintenance Charges shall become payable from the Possession Date. In case the Allottees fails to pay: (i) the Allottees shall not be entitled to avail any maintenance services; (ii) interest @ 12% per annum will become payable by the Allottees; and (iii) the Promoter/Association shall adjust the unpaid amount from the advance maintenance charges. If due to such adjustment the advance maintenance charges falls below the six months average of the Maintenance Charges, then the Allottees shall make good the resultant shortfall within 15 (fifteen) days from the due date of the defaulted maintenance bill.
Maintenance and Association. The Promoter/Transferor may manage and maintain the common parts and utilities of the Project by itself or may hand over these to the Maintenance Company for which all Allottees/Transferees may be required to execute the Management Agreement with the Maintenance Company.
Maintenance and Association. 22.1 Mai ntenance Upon completion of the Project the Promoter will hand over i ts management for mai ntenan ce to the Associa tion for whi ch the All ottee may be required to execute an agreemen t (“Maintenance Agreement ”) wi th the Associa tion. The Allottee will be required to comple te the fo rmalities of beco ming a member of the Association . The Allottee shall obse rve and abide by all the b ye-laws, rules and re gulations prescribed by the Associa tion in re ga rd to ownership or enjoyment of the Apartmen t or common a reas and faciliti es in the Pro ject. In the event the Associat ion has been formed but there is/ar e Apartments in the Building that are not sold by the Pr xxxx xx, till such time the unsold Apar tments are not sold or transferred, all outgoings pertaining to the uns old Apartments shall be pay able by the Promoter. Further the Allottees and/or the ass ociation shall not do any act deed or thing w hich may restrict or impede transfer of the uns old Apart ments to any of the prospectiv e Allottees. For the enjoyment and maintenance of the common areas and fa cili ties of the Pro je ct, the Allottee shall be liable to re mit pe r month the p roportiona te Mai ntenan xx Xxx rges of such area and facilities as may be fixed by the Pro xxxx r and upon completion the Associa tion from time to time. The Maintenance Charges shall beco me pa ya ble from the Possession Date. In case the Allottee fails to pay: (i ) the Allottee shall not be en ti tled to a va il any maintenance servi ces; (ii) interes t @ [ 1.5%% per month will become pa ya ble b y the Allottee; and (i ii) the Promote r/Asso ciation shall adjust the unpaid amount from the IFSD. If due to such adjus tmen t the IFSD falls below the six mon ths a ve rage of the Mai ntena nce Cha rges, then the Allottee shall make good the resultan t sho rtfa ll within 15 (fifteen) da ys fro m the due date of the defa ulted maintenan ce bill.
Maintenance and Association. The Promoter/Transferor may manage and maintain the common parts and utilities of the Xxxxx Land and Renaissance by itself or may hand over these to the Maintenance Company for which all Allottees/Transferees may be required to execute the Management Agreement with the Maintenance Company.
Maintenance and Association. The Promoter/Transferor may manage and maintain the common parts and utilities of Antara and Renaissance by itself or may hand over these to the Maintenance Company for which all Allottees/Transferees may be required to execute the Management Agreement with the Maintenance Company.
Maintenance and Association. The Promoter/Transferor may manage and maintain the common parts and utilities of Malhar and Renaissance by itself or may hand over these to the Maintenance Company for which all Allottees/Transferees may be required to execute the Management Agreement with the Maintenance Company.
Maintenance and Association. The Promoter/Transferor may manage and maintain the common parts and utilities of the Smart Homes Zone and Renaissance by itself or may hand over these to the Maintenance Company for which all Allottees/Transferees may be required to execute the Management Agreement with the Maintenance Company.
Maintenance and Association. Upon completion of the Project and obtaining of the completion certificate of the Project and formation and operationalization of the Association of the Allottees, the Promoter will hand over management for maintenance of the Project to the Association for which the Allottee may be required to execute an instrument. The Allottee will be required to complete the formalities of becoming a member of the Association. The Allottee shall observe and abide by all the byelaws, rules and regulations prescribed by the Association in regard to user and enjoyment of the Allotted Apartment and common areas and facilities in the Project. In the event the Association has been formed but there are Apartments in the Building thatare not sold by the Promoter, till such time the unsold Apartments are not sold, all outgoings pertaining to the unsold Apartments shall be payable by the Promoter. Further the Allottee and/or the Association shall not do any act deed or thing which may restrict or impede sale or otherwise transfer of the unsold Apartments to any of the prospective Allottees. For availing essential services and maintenance of the Common Areas, the Allottee shall be liable to remit per month the CAM Charges as per the Super Built-up Area of his Apartment to the Promoter or the Facility Maintenance Agency and upon its formation to the Association by them from time to time.
