VARIATION IN AREA Clause Samples

VARIATION IN AREA. 3.1 The Confirming Party is in the process of constructing and shall construct the said Building, on the Sale Plot in accordance with the plans, designs and specifications as approved by the concerned local authority from time to time. Provided that, the Confirming Party shall obtain prior written consent of the Purchaser/s in respect of variations or modifications which may adversely affect the said Apartment except any alteration or addition required by any Government Authorities or due to change in law. 3.2 It is expressly agreed that the Confirming Party shall be at liberty to make such changes or alterations as may be necessary and permissible under RERA due to aesthetic, architectural and structural reasons duly recommended and verified by an authorized Architect or Engineer. 3.3 The Confirming Party shall be entitled to make modifications/alterations in the layout, sanctioned plans and specifications of the building, subject to prior approvals from the concerned authorities. The Purchaser/s hereby grant his/her/their irrevocable consent to any such modification/s and/or alterations to the said sanctioned Plans. These irrevocable consents and confirmations of the Purchaser/s herein shall be treated as irrevocable No Objections (“NOCs”) / permissions given by the Purchaser/s, under Section 14 of the RERA or any amendment thereof , as long as the total area of the Flat is not reduced 3.4 The Purchaser/s confirm/s that he/she/they/it has/have agreed that all internal dimensions for carpet area are from unfinished wall surfaces. Minor variations (+/-) upto 3% and/or as may be permitted or specified in said Act and Rules from time to time in actual carpet areas may occur on account of site conditions. In the event variation is more than 3%, the consideration will stand decreased or increased as the case may be, in proportion to such variation. The Parties shall adjust the decreased or increased consideration from the Total Consideration payable by the Purchasers to the Confirming Party. All these monetary adjustments shall be made at the same rate per sq. mtr. as agreed in Clause 4 hereinbelow.

VARIATION IN AREA. 3.1 The Confirming Party is in the process of constructing and shall construct the said Building, on the Sale Plot in accordance with the plans, designs and specifications as approved by the concerned local authority from time to time. Provided that, the Confirming Party shall obtain prior written consent of the Purchaser/s in respect of variations or modifications which may adversely affect the said Apartment except any alteration or addition required by any Government Authorities or due to change in law. 3.2 It is expressly agreed that the Confirming Party shall be at liberty to make such changes or alterations as may be necessary and permissible under RERA due to aesthetic, architectural and structural reasons duly recommended and verified by an authorized Architect or Engineer. 3.3 The Purchaser/s confirm/s that he/she/they/it has/have agreed that all internal dimensions for carpet area are from unfinished wall surfaces. Minor variations (+/-) upto 3% and/or as may be permitted or specified in said Act and Rules from time to time in actual carpet areas may occur on account of site conditions. In the event variation is more than 3%, the consideration will stand decreased or increased as the case may be, in proportion to such variation. The Parties shall adjust the decreased or increased consideration from the Total Consideration payable by the Purchasers to the Confirming Party. All these monetary adjustments shall be made at the same rate per sq. mtr. as agreed in Clause 4 hereinbelow.

VARIATION IN AREA. In the event the Use Areas consist of more or less than any stated area, Wireless Provider's obligations hereunder shall not be increased or diminished.

VARIATION IN AREA. In the event the Premises consist of more or less than any stated acreage, this Agreement shall nevertheless continue and ▇▇▇▇▇▇'s obligations hereunder shall not be increased or diminished.

VARIATION IN AREA. The Owner / Developer shall confirm the final Carpet Area that has been allotted to the Purchaser(s) after the construction of the Building(s) (i.e. the said Project) is complete and the occupancy certificate is granted by the competent authority, by furnishing details of the changes, if any, in the Carpet Area, subject to a variation cap of three percent (3%). The total price payable for the Carpet Area shall be recalculated upon confirmation by the Owner / Developer. If there is any reduction in the Carpet Area within the defined limit then the Owner / Developer shall refund the excess money paid by Purchaser(s) within forty-five (45) days with Interest at the rate specified in the Rules, from the date when such an excess amount was paid by the Purchaser(s). If there is any increase in the Carpet Area allotted to Purchaser(s), the Owner / Developer shall demand additional amount from the Purchaser(s) as per the next milestone of the payment plan. All these monetary adjustments shall be made at the same rate at which the Purchaser(s) have been allotted the said Apartment/Flat.

VARIATION IN AREA a. The Developer shall confirm the Carpet Area that has been allotted to the Office Purchaser/s after the construction of the Building(s)/Wing(s) is complete and the occupancy certificate is granted by the competent authority, by furnishing details of the changes, if any, in the Carpet Area. In the event of any variation in the Carpet Area then the only recourse available will be a pro-rata adjustment in the installment/s of the Total Consideration payable/paid, as agreed herein or refund, as the case may be. All these monetary adjustments shall be made at the same rate per square meter as agreed in Clause "4(a)(i)" of this Agreement.

VARIATION IN AREA. The Developer/Owner shall confirm the final Carpet Area that has been allotted to the Purchaser/s after the construction of the Tower(s) is complete and the occupancy certificate is granted by the competent authority, by furnishing details of the changes, if any, in the Carpet Area. In the event of any variation in the Carpet Area of the Unit, Total Consideration payable for the Carpet Area shall be recalculated upon confirmation by the Developer/Owner and in such event only recourse shall be a pro-rata adjustment in the last installment payable by the Purchaser/s towards the Total Consideration under clause 4. 1. All these monetary adjustments shall be made at the same rate per square meter as agreed in Clause of this Agreement.

VARIATION IN AREA. The Developer/ Promoter shall confirm the final Carpet Area that has been allotted to the Purchaser(s), by furnishing details of the changes, if any, in the Carpet Area, subject to a variation cap of three percent (3%). The total price payable for the Carpet Area shall be recalculated upon confirmation by the Owner/Developer. If there is any reduction in the Carpet Area within the defined limit then the Owner/Developer shall refund the excess money paid by Purchaser(s) within forty-five (45) days with Interest at the rate specified in the Rules, from the date when such an excess amount was paid by the Purchaser(s). If there is any increase in the Carpet Area allotted to Purchaser(s), the Owner/Developer shall demand additional amount from the Purchaser(s) as per the next milestone of the payment plan. All these monetary adjustments shall be made at the same rate at which the Purchaser(s) have been allotted the said Apartment/Flat.