Final Allotment Letter Draft
Final Allotment Letter Draft
Final Allotment Letter Draft
To,
Mr./Mrs./Ms. ________________________
R/o ___________________________________
(Address)
Telephone/Mobile Number ___________
Pan Card No.: ____________________________
Aadhar Card No. ________________________
Email ID: ____________________________________
Sub: Your request for allotment of flat / commercial premises/plot in the project
known as ______________, having MahaRERA Registration No.
________________________
Sir/ Madam,
OR
Further I/we have the pleasure to inform you that you have been allotted along with the
said unit, garage(s) bearing No(s) _________ admeasuring sq. mtrs equivalent to
___________ sq ft./covered car parking space(s) at______level basement /podium bearing No(s)
________admeasuring _______sq. mtrs. equivalent to ______ sq. ft./stilt parking bearing No(s) ,
admeasuring sq. mtrs equivalent to _______ sq. ft. / mechanical car parking unit bearing No(s)
__________admeasuring ______sq. mtrs. equivalent to ________ sq. ft. on the terms and
conditions as shall be enumerated in the agreement for sale to be entered into between
ourselves and yourselves.
OR
Further I/ We have the pleasure to inform you that you have been allotted
I / we confirm to have received from you an amount of Rs. in figures (Rupees. in words only),
(this amount shall not be more than 10% of the cost of the said unit) being ______% of the total
consideration value of the said unit as booking amount /advance payment on dd/mm/yyyy,
through mode of payment
OR
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advance payment on dd/mm/yyyy, through mode of payment. The balance _____% of the
booking amount / advance payment shall be paid by you in the following manner:
B. If you fail to make the balance _________% of the booking amount/advance payment within
the time period stipulated above further action as stated in Clause 12 hereunder written shall be
taken by us as against you.
4. Disclosures of information:
1/We have made available to you the following information namely: -
i) The sanctioned plans, layout plans, along with specifications,
approved by the competent authority are displayed at the
project site and has also been uploaded on MahaRERA website.
https://maharera.mahaonline.gov.in/#
5. Encumbrances:
I/ We hereby confirm that the said unit is free from all encumbrances and I/we hereby further
confirm that no encumbrances shall be created on the said unit.
OR
5. Encumbrances:
I/ We have created the following encumbrance(s) / encumbrance(s) attached with caveats as
enumerated hereunder on the said unit.
a)
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b)
c)
6. Further payments:
Further payments towards the consideration of the said unit as well as of the garage(s)/covered
car parking space(s) shall be made by you, in the manner and at the times as well as on the terms
and conditions as more specifically enumerated/stated in the agreement for sale to be entered
into between ourselves and yourselves.
7. Possession:
The said unit along with the garage(s)/covered car parking spaces(s) ______shall be handed over
to you on or before ________ subject to the payment of the consideration amount of the said unit
as well as of the garage(s) /covered car parking space(s) in the manner and at the times as well
as per the terms and conditions as more specifically enumerated / stated in the agreement for
sale to be entered into between ourselves and yourselves.
8. Interest payment:
In case of delay in making any payments, you shall be liable to pay interest at the rate which shall
be the State Bank of India highest Marginal Cost of Lending Rate plus two percent.
9. Cancellation of allotment:
i. In case you desire to cancel the booking an amount mentioned in the Table hereunder written*
would be deducted and the balance amount due and payable shall be refunded to you without
interest within 45 days from the date of receipt of your letter requesting to cancel the said
booking.
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the allotment letter said unit;
The amount deducted shall not exceed the amount as mentioned in the table above.
ii. In the event the amount due and payable referred in Clause 9 i) above is not refunded within
45 days from the date of receipt of your letter requesting to cancel the said booking, you shall be
entitled to receive the balance amount with interest calculated at the rate which shall be the
State Bank of India highest Marginal Cost of Lending Rate plus two percent.
i) You shall execute the agreement for sale and appear for registration of the same before the
concerned Sub-Registrar within a period of 2 months from the date of issuance of this letter or
within such period as may be communicated to you.
The said period of 2 months can be further extended on our mutual understanding.
In the event the booking amount is collected in stages and if the allottee fails to pay the
subsequent stage installment, the promoter shall serve upon the allottee a notice calling upon
the allottee to pay the subsequent stage installment within 15 (fifteen) days which if not
complied, the promoter shall be entitled to cancel this allotment letter. On cancellation of the
allotment letter the promoter shall be entitled to forfeit the amount paid by the allottee or such
amount as mentioned in the Table enumerated in Clause 9 whichever is less. In no event the
amount to be forfeited shall exceed the amount mentioned in the above referred Table. Except
for the above all the terms and conditions as enumerated in this allotment letter shall be
applicable even for cases where booking amount is collected in stages.
ii) If you fail to execute the agreement for sale and appear for registration of the same before the
concerned Sub-Registrar within the stipulated period 2 months from the date of issuance of this
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letter or within such period as may be communicated to you, I/ we shall be entitled to serve
upon you a notice calling upon you to execute the agreement for sale and appear for registration
of the same within 15 (Fifteen) days, which if not complied, I/we shall be entitled to cancel this
allotment letter and further I /we shall be entitled to forfeit an amount not exceeding 2% of the
cost of the said unit and the balance amount if any due and payable shall be refunded without
interest within 45 days from the date of expiry of the notice period.
iii) In the event the balance amount due and payable referred in Clause 12 ii) above is not
refunded within 45 days from the date of expiry of the notice period, you shall be entitled to
receive the balance amount with interest calculated at the rate which shall be the State Bank of
India highest Marginal Cost of Lending Rate plus two percent.
14. Headings:
Headings are inserted for convenience only and shall not affect the construction of the various
Clauses of this allotment letter.
Signature
Name
(Promoter(s)/ Authorized Signatory) (Email Id.)
Date:
Place:
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CONFIRMATION & ACKNOWLEDGEMENT
I/We have read and understood the contents of this allotment letter and the Annexure. I/We
hereby agree and accept the terms and conditions as stipulated in this allotment letter.
Signature
Name
(Allottee/ s)
Date: ______________
Place: ______________
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Annexure - A
Stage wise time schedule of completion of the project:
4 Plinth
6 Slabs of superstructure
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agreement of sale, any other
activities.
12 Internal roads & footpaths,
lighting
13 Water supply
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