Common use of MAINTENANCE OF THE SAID PROJECT Clause in Contracts

MAINTENANCE OF THE SAID PROJECT. That the Allottee shall become the member of the society/LLP/Company/and body formed for maintenance of the township and/or agrees to enter into a maintenance agreement with any association/agency or other bodies including maintenance society of members formed (hereinafter referred to as the „Maintenance agency‟) as may be appointed/nominated/ elected by the „PROMOTER‟ from time to time for the various common services or facilities including the upkeep, repairs, security and maintenance etc. of the said project and its common areas, infrastructure and services/amenities. The Allottee shall pay the share application money and the monthly maintenance charges regularly and within such prescribed time at such rates as may be decided by the said maintenance society/LLP/Company/and maintenance agency from time to time, from the date of offer of possession irrespective whether the Allottee is in occupation/possession of the said Unit or not and shall also be abide by the rules and regulations and byelaws of the said maintenance society/LLP/Company/and body. In order to secure due performance of the Allottee in prompt payment of the maintenance and other charges to the maintenance agency, the Allottee also agree to deposit with the PROMOTERS/maintenance agency, an interest free maintenance security (IFMS) deposits, if made applicable at any point of time, even after the possession of the said Unit. FURTHER, the „PROMOTERS‟ or its nominated maintenance agency reserves the right to increase maintenance charges/ IFMS deposits from time to time in keeping with the increase in the cost of maintenance of services and the Allottee agree to pay such increase as and when demanded by the „PROMOTER‟ or its nominated agency. THE Unit holders and/or society/LLP/Company/and body formed for maintenance shall not charge anything from the „PROMOTERS‟ or its nominee or nominees or transferee any amount by way of monthly maintenance charges or any other charges or outgoings for the ownership use of such compound walls for display of advertisement or hoardings etc. THE township and its common facilities are proposed to be managed by the „PROMOTER‟ or the „Company‟ or a Maintenance agency nominated by the „PROMOTER‟ in the initial year/years till the same is handed over to any local body, Society or the arrangement is terminated by the „PROMOTER‟ A notarized copy of the document of transfer/ conveyance or lease shall be furnished to the „PROMOTER‟/ maintenance agency. Every lease Agreement shall stipulate as to the lesser or lessee who will pay all dues in relation to the maintenance of the Unit to the „PROMOTER‟/‟maintenance agency‟ during the lease period. Non-payment of dues may entail disconnection of electricity, water supply and other maintenance services to the Unit. It is brought to the notice of the Allottee that the common electric meters as well as the water connections will be in the name of the „PROMOTER‟ herein and the Allottee/s and/ or their society/company shall get the same transferred in their name on completion of the project or earlier as the „PROMOTER‟ may desire. In case of addition / extension of the project, the new members /Allottees in the additional/ extended project shall have the equal authority, rights & duties to use common amenities, as the Allottee has under this letter of allotment and rule & regulation of the Maintenance body.

MAINTENANCE OF THE SAID PROJECT. That the Allottee shall become the member of the society/LLP/Company/and body formed for maintenance of the township project and/or agrees to enter into a maintenance agreement with any association/agency or other bodies including maintenance society of members formed (hereinafter referred to as the „Maintenance agency‟) as may be formed/appointed/nominated/ nominated/elected by the „PROMOTER‟ Promoter or by the members of the project from time to time for the various common services or facilities including the upkeep, repairs, security and maintenance etc. of the said project and its common areas, infrastructure and services/amenities. The Allottee shall pay the share application money and the monthly monthly/ Quarterly/Annual maintenance charges regularly and within such prescribed time at such rates as may be decided by the said maintenance society/LLP/Company/and maintenance agency from time to time, from the date of offer of possession irrespective whether the Allottee is in occupation/possession of the said Unit or not and shall also be abide by the rules and regulations and byelaws of the said maintenance society/LLP/Company/and body. In IN order to secure due performance of the Allottee in prompt payment of the maintenance and other charges to the maintenance agency, the Allottee also agree to deposit with the PROMOTERSPromoter/maintenance agency, an interest free maintenance security (IFMS) deposits, if made applicable at any point of time, even after the possession of the said Unit. FURTHER, the „PROMOTERS‟ Promoter or its nominated maintenance agency reserves the right to increase maintenance charges/ IFMS deposits from time to time in keeping with the increase in the cost of maintenance of services and the Allottee agree agrees to pay such increase as and when demanded by the „PROMOTER‟ Promoter or its nominated maintenance agency. THE The Unit holders and/or society/LLP/Company/and body formed for maintenance shall not charge anything from the „PROMOTERS‟ Promoter or its nominee or nominees or transferee any amount by way of monthly maintenance charges or any other charges or outgoings for the ownership use of such compound walls for display of advertisement or hoardings etc. THE township and its common facilities are proposed to be managed by the „PROMOTER‟ or the „Company‟ or a Maintenance agency nominated by the „PROMOTER‟ in the initial year/years till the same is handed over to any local body, Society or the arrangement is terminated by the „PROMOTER‟ A notarized copy of the document of transfer/ conveyance or lease shall be furnished to the „PROMOTER‟/ Promoter and maintenance agency. Every lease Agreement shall stipulate as to the lesser or lessee who will pay all dues in relation to the maintenance of the Unit to the „PROMOTER‟/‟maintenance Promoter and ‟maintenance agency‟ during the lease period. Non-payment of dues may entail disconnection of electricity, water supply and other maintenance services to the Unit. It is brought to the notice of the Allottee that the common electric meters as well as the water connections will be in the name of the „PROMOTER‟ herein Promoter and the Allottee/s and/ or their society/company Allottee shall get the same transferred in their name on completion of the project or earlier as the „PROMOTER‟ Promoter may desire. The above connections shall be initially taken in the name of Promoter only for the ease and benefit of the allottees, all the charges for obtaining connection and recurring charges for the services shall be borne by all allottees in their proportionate right in the project. In case of addition / extension of the project, the new members /Allottees in the additional/ extended project shall have the equal and similar authority, rights & duties to use common amenities, as the Allottee has under this letter of allotment and rule rules & regulation regulations of the Maintenance body.

MAINTENANCE OF THE SAID PROJECT. That the Allottee shall become the member of the society/LLP/Company/and body formed for maintenance of the township and/or agrees to enter into a maintenance agreement with any association/agency or other bodies including maintenance society of members formed (hereinafter herein after referred to as the „‘Maintenance agency‟agency’) as may be appointed/nominated/ nominated/elected by the „PROMOTER‟ ‘PROMOTERS’ from time to time for the various common services or facilities including the upkeep, repairs, security and maintenance etc. of the said project and its common areas, infrastructure and services/amenities. The Allottee shall pay the share application money and the monthly maintenance charges regularly and within such prescribed time at such rates as may be decided by the said maintenance society/LLP/Company/and maintenance agency from time to time, from the date of offer of possession irrespective whether the Allottee is in occupation/possession of the said Unit or not and shall also be abide by the rules and regulations and byelaws of the said maintenance society/LLP/Company/and body. In IN order to secure due performance of the Allottee in prompt payment of the maintenance and other charges to the maintenance agency, the Allottee also agree to deposit with the PROMOTERS/maintenance agency, an interest free maintenance security (IFMS) deposits, if made applicable at any point of time, even after the possession of the said Unit. FURTHER, the „PROMOTERS‟ ‘PROMOTERS’ or its nominated maintenance agency reserves the right to increase maintenance charges/ IFMS deposits from time to time in keeping with the increase in the cost of maintenance of services and the Allottee agree to pay such increase as and when demanded by the „PROMOTER‟ ‘PROMOTERS’ or its nominated agency. THE Unit holders and/or society/LLP/Company/and body formed for maintenance shall not charge anything from the „PROMOTERS‟ ‘PROMOTERS’ or its nominee or nominees or transferee any amount by way of monthly maintenance charges or any other charges or outgoings for the ownership use of such compound walls for display of advertisement or hoardings etc. THE township and its common facilities are proposed to be managed by the „PROMOTER‟ ‘PROMOTERS’ or the „Company‟ ‘Company’ or a Maintenance agency nominated by the „PROMOTER‟ ‘PROMOTERS’ in the initial year/years till the same is handed over to any local body, Society or the arrangement is terminated by the „PROMOTER‟ ‘PROMOTERS’ A notarized copy of the document of transfer/ conveyance or lease shall be furnished to the „PROMOTER‟/ ‘PROMOTERS’/ maintenance agency. Every lease Agreement shall stipulate as to the lesser or lessee who will pay all dues in relation to the maintenance of the Unit to the „PROMOTER‟/‟maintenance agency‟ ‘PROMOTERS’/ ’maintenance agency’ during the lease period. Non-payment of dues may entail disconnection of electricity, water supply and other maintenance services to the Unit. It is brought to the notice of the Allottee that the common electric meters as well as the water connections will be in the name of the „PROMOTER‟ ‘PROMOTERS’ herein and the Allottee/s and/ or their society/company shall get the same transferred in their name on completion of the project or earlier as the „PROMOTER‟ ‘PROMOTERS’ may desire. In case of addition / extension of the project, the new members /Allottees in the additional/ extended project shall have the equal authority, rights & duties to use common amenities, as the Allottee has under this letter of allotment and rule & &regulation of the Maintenance body.

MAINTENANCE OF THE SAID PROJECT. That The Allottee(s) has agreed that at the Allottee shall become the member time of execution of the society/LLP/Company/and body formed for maintenance allotment letter or latest upon development of the township and/or agrees to said project and on offer of possession of the unit he/she will enter into a maintenance agreement with any associationAssociation/agency Body of units owners or any other nominee/agency/association(s) or other bodies including maintenance society of members formed body(ies) (hereinafter referred to as ‘the „Maintenance agency‟maintenance agency’) as may be appointed/nominated/ elected appointed/ nominated by the „PROMOTER‟ Company from time to time for the various common services or of facilities including the upkeep, repairs, security and maintenance etc. of the said project and its common areas, infrastructure areas and services/amenities. The Allottee the intending Allottee(s) shall pay the share application money and the monthly maintenance charges regularly as per bills raised by the maintenance agency. As & when and within such prescribed time at such rates as may be decided in the manner demanded by the said maintenance society/LLP/Company/and maintenance agency from time to timeAgency, from the 30 days after the date of offer of possession possession, irrespective of whether the Allottee Intending Allottee(s) is in occupation/possession of the said Unit unit or not and shall also be abide by the rules and regulations and byelaws of the said maintenance society/LLP/Company/and bodynot. In order to secure due performance of the Allottee intending Allottee(s) in prompt payment of the maintenance bills and other charges to raised by the maintenance agency, the Allottee also agree intending Allottee(s) shall deposit, as per the schedule of payment and to deposit always keep deposited with the PROMOTERS/maintenance agencyCompany or the Maintenance Agency, nominated by the Company, an interest Interest free maintenance security Maintenance Security (IFMS) deposits, if made applicable at any point of time, even after on such rates as may be decided by the possession of the said Unit. FURTHER, the „PROMOTERS‟ Company or its nominated agency in its sole discretion. In case of failure of the intending Allottee(s) to pay the maintenance bill, other charges on or before the due date, the Intending Allottee(s) in addition to permitting the Company/maintenance agency reserves to deny him/her the right maintenance services, also authorises the Company to increase maintenance charges/ IFMS deposits from time adjust the amount of the security deposited against such defaults. The balance of such deposit (after adjustment, if any, as above) shall be refunded, without interest, to time in keeping with the increase in intending Allottee(s) only when he/she sells/transfers/surrenders his/her unit. This arrangement shall continue till the cost project is handed over to the Municipal Authorities or the association of maintenance of services and the Allottee agree Allottees/occupants. The Intending Allottee(s) agrees to pay such increase as and when demanded by the „PROMOTER‟ maintenance charges equivalent to six months maintenance charges in advance to the Company or its nominated agency. THE Unit holders and/or society/LLP/Company/and body formed for maintenance shall not charge anything from the „PROMOTERS‟ or its nominee or nominees or transferee any amount by way of monthly maintenance charges or any other charges or outgoings for the ownership use of such compound walls for display of advertisement or hoardings etc. THE township and its common facilities are proposed to be managed by the „PROMOTER‟ or the „Company‟ or a Maintenance agency nominated by the „PROMOTER‟ in the initial year/years till the same is handed over to any local body, Society or the arrangement is terminated by the „PROMOTER‟ A notarized copy of the document of transfer/ conveyance or lease shall be furnished to the „PROMOTER‟/ maintenance agency. Every lease Agreement shall stipulate as to the lesser or lessee who will pay all dues in relation to the maintenance of the Unit to the „PROMOTER‟/‟maintenance agency‟ during the lease period. Non-payment of dues may entail disconnection of electricity, water supply and other maintenance services to the Unit. It is brought to the notice of the Allottee that the common electric meters as well as the water connections will be in the name of the „PROMOTER‟ herein and the Allottee/s and/ or their society/company shall get the same transferred in their name on completion of the project or earlier as the „PROMOTER‟ may desire. In case of addition / extension of the project, the new members /Allottees in the additional/ extended project shall have the equal authority, rights & duties to use common amenities, as the Allottee has under this letter of allotment and rule & regulation of the Maintenance body.