Reservtaion: Application for reservation of apartment shall be made on the prescribed form duly signed by the applicant with the down payment.The Company has the right to accept or reject any application. Allotment: After receipt of the application form and down payment ccl will issue an allotment letter and payment schedule. allotment is made generally on first come first serve basis'. preference however maybe given to clients paying the full ammount in one installment. Allotment Transfer: Unitl full payment of all installments are made and possession obtained, the buyer shall not transfer and/or sell the uit allotted to him/her to a third party. Hand Over: The possession of each apartment and parking space shall be duly handed over the allottee on completion and on full payment of installments and other charges and dues. prior to this, possession of the apartment will remain with the company. a) Until full payment is made and possession obtainde, the buyer shall not carry outany extra work/modification within the apartment complex on their own. b) Until full payment is made and possession obtainde, the shall not mortgage the property with Banks/Building Societies. |
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