Preferential Location Charges. That the developer apart from basic price shall charge fixed Preferential Location charges (PLC) as applicable in consideration for certain apartments in the complex and if Purchaser(s) opts for booking of any such apartment, he/she shall be liable to pay such charges referred to such charges referred to as Preferential Location charges (PLC) and if due to change in layout plan or otherwise the said apartment ceases to be preferentially located, the Developer shall be liable to refund the amount of preferential location charges paid by the Purchaser(s) without any interest or compensation. The Developer has the sole discretion to decide a location as preferential location.
Preferential Location Charges. The Allottee hereby agrees to pay additionally towards Preferential Location Charges (PLC) for apartments located on Ground Floor to Fourth Floor, facing park/ landscape/Club and/or for corner apartments at the rate as mentioned in Annexure-III. However, the Allottee has specifically agreed that if due to a change in the lay out/ building plan or for any other reason, the said Apartment, if preferentially located, ceases to be preferentially located, the Developer shall be liable to refund only the amount of preferential location charges paid by the Allottee and such refund shall be made/ adjusted in the last installment as stated in the Schedule of Payments given in Annexure-III alongwith simple interest @8% p.a thereupon for the period the said charges have remained deposited with the Developer. If due to any change in the lay-out/ building plan or for any other reason, the said Apartment, if not preferentially located, becomes preferentially located, then the Allottee agrees to pay preferential location charges and other charges to the Developer calculated at the rate applicable for such preferential location(s) as stated hereinabove or as demanded by the Developer. If for any reason whatsoever, the Developer is not in a position or unable to provide a particular preferential location to an Allottee who has booked the apartment only for a particular preferential location, then such an allottee will be free to cancel the booking and seek refund of all the monies deposited by him/ her with the Developer and the Developer shall refund the same alongwith simple interest @8% for the period the same have remained deposited with the Developer, subject however, to deduction of non-refundable amounts such as interest on delayed payments, brokerages, administrative charges, service tax, cess deposited with the statutory authorities.
Preferential Location Charges. The Intending Allottee(s) hereby agree(s) to pay in addition to BSP, preferential location charges for preferential attribute(s) as described in this Agreement and to be paid in a manner and within the time as stated in the payment plan attached as Annexure II. However, the Intending Allottee(s) has/have specifically agreed that if due to any reason including the change in the layout plan, any of the preferential location attribute(s) get(s) deleted then the Company shall be liable to refund only the amount charged for such preferential location attribute(s) as applicable if already paid by the Intending Allottee(s), without any interest and such refund shall be adjusted in the next pending installment due from the Intending Allottee(s) immediately upon such determination being done. Similarly, if due to any reason including the change in the layout plan, the Said Plot acquires an additional preferential location attribute(s) then the Intending Allottees(s) shall be liable and agrees to pay for such additional preferential location attribute(s) as may be decided by the Company, within 30 days of demand made by the company.
Preferential Location Charges. The Intending Allottee(s) hereby agree(s) to pay in addition to BSP, preferential location charges for preferential
