Common use of POSSESSION OF THE DESIGNATED UNIT Clause in Contracts

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if any) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of Apartment/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Apartment/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if anyBUNGALOW) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2026 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- possession by Allottee- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of ApartmentBUNGALOW/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 para 7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancelxxxxxx/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the ApartmentBUNGALOW/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if any) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2028 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of Apartment/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Apartment/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. (i) Schedule for possession of the said Apartment & demarcated Car Parking (if any) – Designated Unit The Promoter Vendor agrees and understands that timely delivery of possession of the Designated Unit, Unit to the Allottee and the Common Areas to the Designated Unit is the essence of the Agreement. The Promoter Vendor, based on the approved plans and specifications specifications, assures to hand over possession of the Designated Unit on Decemberor prior to 31st March, 2027 unless there is 2024 with a grace period of 3 months subject to delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake earthquake, pandemic, quarantine restrictions, lockdowns, non-functioning of any statutory or regulatory bodies, court order, injunction, any other calamity caused by nature affective affecting the regular development of the real estate project Project and/or any other event which is beyond the reasonable control of the Vendor (“"Force Majeure”."). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree Allottee agrees that the Promoter Vendor shall be entitled to the extension of time for delivery of possession of the Designated Unit, Unit provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented implemented. The Allottee agrees and confirms that, in the project event it becomes, impossible for the Vendor to implement the Project due to Force Majeure conditionconditions, then this allotment shall stand terminated and the Promoter Vendor shall refund to the ALLOTTEE/ALLOTTEES Allottee the entire amount received by the Promoter Vendor from the allotment within 45 days from the that date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEEAllottee, the ALLOTTEE Allottee agrees that it/ he/she/they she shall not have any rights, claims etc. against the Promoter Vendor and/or the Designated Unit and that the Promoter Vendor shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of Apartment/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Apartment/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if anyBUNGALOW) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2025 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- possession by Allottee- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of ApartmentBUNGALOW/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 para 7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancelxxxxxx/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the ApartmentBUNGALOW/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if anyBUNGALOW) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2025 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- possession by Allottee- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of ApartmentBUNGALOW/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 para 7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the ApartmentBUNGALOW/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if anyBUNGALOW) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2028 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- possession by Allottee- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of ApartmentBUNGALOW/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 para 7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) BUNGALOW to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the ApartmentBUNGALOW/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. Schedule for possession of the said Apartment & demarcated Car Parking (if anyAPARTMENT) – The Promoter agrees and understands that timely delivery of possession of the Designated Unit, is the essence of the Agreement. The Promoter based on the approved plans and specifications assures to hand over possession of the Designated Unit on December, 2027 2026 unless there is delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake or any other calamity caused by nature affective the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented the project due to Force Majeure condition, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES the entire amount received by the Promoter from the allotment within 45 days from the date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEE, the ALLOTTEE agrees that he/she/they shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- possession by Allottee- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of ApartmentAPARTMENT/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) APARTMENT to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 para 7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) APARTMENT to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the ApartmentAPARTMENT/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the BungalowAPARTMENT, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.

POSSESSION OF THE DESIGNATED UNIT. a. Schedule for possession of the said Apartment & demarcated Car Parking (if any) – Designated Unit The Promoter agrees and understands that timely delivery of possession of the Designated Unit, Unit to the Allottee and the Common Areas to the Designated Unit is the essence of the Agreement. The Promoter Promoter, based on the approved plans and specifications specifications, assures to hand over possession of the Designated Unit on Decemberalong with ready and complete common areas with all specifications, 2027 unless there is amenities and facilities of the Building in place within 30th June 2022 with a grace period as granted by the Real Estate Regulatory Authority subject to delay or failure due to war, flood, pandemic, drought, fire, cyclone, earthquake earthquake, or any other calamity caused by nature affective affecting the regular development of the real estate project Project (“"Force Majeure”."). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the ALLOTTEE/ALLOTTEES agree Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Designated Unit, provided . Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented implemented. The Allottee agrees and confirms that, in the project event it becomes, impossible for the Promoter to implement the Project due to Force Majeure conditionconditions, then this allotment shall stand terminated and the Promoter shall refund to the ALLOTTEE/ALLOTTEES Allottee the entire amount received by the Promoter from the allotment within 45 days from the that date. The promoter shall intimate the ALLOTTEE/ALLOTTEES about such termination at least thirty days prior to such termination. After refund of the money paid by the ALLOTTEEAllottee, the ALLOTTEE Allottee agrees that it/ he/she/they she shall not have any rights, claims etc. against the Promoter and/or the Designated Unit and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement. Procedure for taking possession- The Promoter, upon obtaining the occupancy certificate from the competent authority shall offer in writing the possession of the Designated Unit, to the ALLOTTEE/ALLOTTEES in terms of this Agreement to be taken within 3 months from the date of issue of such notice and the Promoter shall give possession of the Unit to the Allottee. The Promoter agrees and undertakes to indemnify the ALLOTTEE/ALLOTTEES in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The ALLOTTEE/ALLOTTEES, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of ALLOTTEE/ALLOTTEESs, as the case may be, after the issuance of the Completion Certificate for the Project. The Promoter on its behalf shall offer the possession to the Allottee in writing within ………days of receiving the occupancy certificate of the Project. Failure of ALLOTTEE/ALLOTTEES to take Possession of Apartment/Unit - Upon receiving a written intimation from the Promoter as per para 7.2, the ALLOTTEE/ALLOTTEES shall take possession of the Designated Unit from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement and the Promoter shall give possession of the Apartment along with demarcated Car Parking space (if any) to the ALLOTTEE/ALLOTTEES. In case the ALLOTTEE/ALLOTTEES fails to take possession with the time provided in para7 such ALLOTTEE shall continue to be liable to pay maintenance charges as applicable. Possession by the ALLOTTEE/ALLOTTEES: - After obtaining the occupancy certificate and handing over physical possession of the Apartment demarcated Car Parking space (if any) to the ALLOTTEE, it shall be the responsibility of the Promoter to hand over the necessary documents and plans, including common areas, to the association of ALLOTTEE/ALLOTTEES or the competent authority, as the case may be, as per the local laws. Cancellation by ALLOTTEE- the ALLOTTEE/ALLOTTEES shall have the right to cancel/withdraw his allotment in the Project as provided in the Act; Provided that where the ALLOTTEE/ALLOTTEES proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking Amount paid for the allotment. The balance amount of money paid by the Allottee shall be returned by the Promoter to the ALLOTTEE within 45 days of such cancellation. Compensation- The Promoter shall compensate the ALLOTTEE/ALLOTTEES in case of any loss caused to them due to defective title of the land on which the project is being developed or has been developed, in the manner as provide under the law and the claim for interest and compensation under this provision shall not be barred by limitation provided under any law for the time being in force. Except for occurrence of a Force Majeure event, if the promoter fails to complete or is unable to give possession of the Designated Unit (i) in accordance with the terms of this Agreement, or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under this Act, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEES, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Apartment/Designated Unit, with interest at the rate prescribed in the Rules within 45 days including compensation in the manner as provided under the Act. Except for occurrence of a Force Majeure event, , if the promoter fails to complete or is unable to give possession of the Unit (i) in accordance with the terms of this Agreement, duly completed by the date specified in para 7.1; or (ii) due to discontinuance of his business as a Promoter on account of suspension or revocation of the registration under law, or for any other reason, the Promoter shall be liable, on demand to the ALLOTTEE/ALLOTTEESs, in case the Allottee wishes to withdraw from the Project without prejudice to any other remedy available, to return the total amount received by him in respect of the Bungalow, with interest at the rate prescribed in the Rules including compensation in the manner as provided under the law within forty-five days of it becoming due ; Provided that where if the ALLOTTEE does not intend to withdraw from the Project, the Promoter shall pay the ALLOTTEE interest at the rate prescribed in the Rules for every month of delay, till the handing over of the possession of the Designated Unit which shall be paid by the promoter to the ALLOTTEE/ALLOTTEES within forty-five days of it becoming due.