Permanent Alternate Accommodation Sample Clauses

Permanent Alternate Accommodation. 8.1.1 The Developer shall construct and handover to the Members free of cost and on ownership basis, the Society Component comprising of 266 (Two Hundred and Sixty-Six) residential units having aggregate Usable Carpet Area of 3,45,075 square feet as more particularly set out in Annexure 5 annexed hereto. 8.1.2 The Developer shall provide (i) 12 (twelve) shops / commercial units to the Tenants in lieu of the Shops owned by the Society in the Buildings; and (ii) 1 (one) shop to the Society, free of cost and on ownership basis having aggregate Usable Carpet area of 4,946 square feet as more particularly set out in Annexure 5 annexed hereto. It is clarified that the Society shall not be entitled to any compensation / benefit (including any FSI / TDR) in respect of the Shops owned by it and occupied by Tenants. 8.1.3 The Developer shall provide 2 (two) covered surface car parking space (not in stack and tandem) to each of the Member free of cost and ownership basis. Further, the Developer shall provide 1 (one) covered surface car parking space (not in stack and tandem) to each of the Tenant free of cost and ownership basis. The distribution / allocation of the car parking spaces among the Members shall be undertaken by the Society without any involvement of the Developer. The Society shall ensure that no Member makes or raises any claim on the Developer in respect of the allocation of the aforesaid car parking spaces. 8.1.4 The Developer shall provide visitors’ car parking spaces to the Society as per Applicable Laws. 8.1.5 The distribution / allocation of the Society Component and car parking spaces among the Members and Tenants shall be undertaken by the Society without any involvement of the Developer. The Society shall ensure that no Member and/or Tenant makes or raises any claim on the Developer in respect of the allocation of the aforesaid entitlement and car parking spaces. 8.1.6 It is agreed by the Parties that the clear floor-to-ceiling height of the units comprised in the Society Component shall not be less than the floor-to-ceiling height of the units comprised in the Developer Premises. The Developer shall prepare and submit plans to the local governmental authorities in such manner that the floor to ceiling height i.e. clear height of the Permanent Alternate Accommodation in the Project will be 10.6 feet and accordingly,. the Developer shall make application to the Central Aviation Authority for the height of the New Building/s. In case there is an...