Common use of MAINTENANCE OF THE TOWER/APARTMENT/PROJECT Clause in Contracts

MAINTENANCE OF THE TOWER/APARTMENT/PROJECT. The Promoter shall be responsible to provide and maintain essential services of the Luxury Zone and Luxury portion of the Future Development in the Complex till the taking over of the maintenance of the Luxury Zone and Luxury portion of the Future Development of the Complex by the Association of the Allottees upon the issuance of the Completion Certificate or Partial Completion Certificate, as the case may be, of the Luxury Zone and Luxury portion of the Future Development of the Complex. The cost of such maintenance, which has been included in the Total Price of the Apartment is based on the Consumer Price Index (CPI) published by Central Statistics Office (CSO) (Ministry of Statistics and Programme Implementation) as on , 20 assuming that the Association(s) shall be formed and maintenance and management of the Common Areas & common facilities will be taken over by the allottees within a period of 2 (two years) from the date of the Completion Certificate or Partial Completion Certificate, as the case may be of the last Tower of the Luxury Zone and Luxury portion of the Future Development. In case the formation of the Association is delayed beyond the two year period, the Promoter shall provide and maintain the essential services in the Project till the Association is formed and the Luxury Zone and Luxury Portion of the Future Development of the Complex is handed over to the Association and the Allottees shall pay to the Promoter, the charges for such maintenance as fixed by the Promoter, on the basis of then prevailing CPI as mentioned above or may hand it over to the Competent Authority.

MAINTENANCE OF THE TOWER/APARTMENT/PROJECT. The Promoter shall be responsible to provide and maintain essential services of the Luxury Zone and Luxury luxury portion of the Future Development in the Complex till the taking over of the maintenance of the Luxury Zone and Luxury luxury portion of the Future Development of the Complex by the Association of the Allottees purchasers upon the issuance of the Completion Certificate or Partial Completion Certificate, as the case may be, of the Luxury Zone and Luxury portion of the Future Development of the Complex. The cost of such maintenance, maintenance which has been included in the Total Price paid by the Purchaser of the Apartment is Apartment, which was fixed based on the Consumer Price Index (CPI) published by Central Statistics Statics Office (CSO) (Ministry Ministries of Statistics Statics and Programme Implementation) as on _, 20 assuming that the Association(s) Association shall be formed and maintenance and management of the Common Areas & common facilities will be taken over by the allottees purchasers within a period of 2 (two years) from the date of the Completion Certificate or Partial Completion Certificate, as the case may be of the last Tower of the Luxury Zone and Luxury portion of the Future Development. In case the formation of the Association is delayed beyond the two year period, the Promoter shall provide and maintain the essential services in the Project till the Association is formed and the Luxury Zone and Luxury Portion of the Future Development of the Complex is handed over to the Association and the Allottees purchasers shall pay to the Promoter, Promoter the charges for such maintenance as fixed by the Promoter, on the basis of then prevailing CPI as mentioned above or may hand it over to the Competent Authority.