Common use of Variable Nature of Land Share and Share In Common Areas Clause in Contracts

Variable Nature of Land Share and Share In Common Areas. The Allottee fully understands and accepts that (1) the undivided proportionate share or interest of the Allottee in the said Project Land (for short “the said Land Share”) shall be the proportion which the carpet area of the said Apartment bears to the total carpet area of all apartments in the Project, (2) if the total carpet area of the Project is recomputed by the Developer or if any additional areas are built as provided under the Act, then and in such event, the Land Share shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein, (3) the Allottee covenants not to demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Land Share, (4) the Land Share and share in Common Areas are not divisible and partible, and (5) the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Developer, in its absolute discretion.

Variable Nature of Land Share and Share In Common Areas. The Allottee fully understands and accepts that (1) the undivided proportionate share or interest of the Allottee in the said Project Land (for short “the said Land Share”) shall be the proportion which the carpet area of the said Apartment bears to the total carpet area of all apartments in the Project, (2) if the total carpet chargeable/saleable area of the Project is recomputed by the Owner/Developer or if any additional areas are built as provided under the Act, then and in such event, the Land Share shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein, (3) the Allottee covenants not to demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Land Share, (4) the Land Share and share in Common Areas are not divisible and partible, and (5) the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Owner/Developer, in its absolute discretion.

Variable Nature of Land Share and Share In Common Areas. The Allottee fully understands and accepts that (1) the undivided proportionate share or interest of the Allottee in the said Project Land (for short “the said Land Share”) shall be the proportion which the carpet area of the said Apartment bears to the total carpet area of all apartments in the Project, (2) if the total carpet area of the Project is recomputed by the Owner/Developer or if any additional areas are built as provided under the Act, then and in such event, the Land Share shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein, (3) the Allottee covenants not to demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Land Share, (4) the Land Share and share in Common Areas are not divisible and partible, and (5) the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Owner/Developer, in its absolute discretion.

Variable Nature of Land Share and Share In Common Areas. The Allottee fully understands and accepts that (1) the undivided proportionate share or interest of the Allottee in the said Project Land (for short “the ―the said Land Share”Share‖) shall be the proportion which the carpet area of the said Apartment bears to the total carpet area of all apartments in the Project, (2) if the total carpet area of the Project is recomputed by the Developer Owner or if any additional areas are built as provided under the Act, then and in such event, the Land Share shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein, (3) the Allottee covenants not to demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Land Share, (4) the Land Share and share in Common Areas are not divisible and partible, and (5) the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the DeveloperOwner, in its absolute discretion.