Terms & Conditions

1. The applicant agrees that he/she has applied for the allotment of the unit with full knowledge of all the laws/notifications and rules applicable to the area in general and the project and includes the terms and conditions on which the company has acquired the rights in the project which has also been explained by the company and understood by him/her.

2. The company has obtained permissions from the concerned authorities for the overall development. The applicant acknowledges that these permissions may be revised from time to time and agrees not to raise and waives his right to raise any objection in this regard. These approvals are in line with the guidelines mentioned under RERA.

3. The project may involve tie-ups with various third parties to operate the facilities or amenities to be/ being constructed on the said property and the terms of any such tie-ups shall be binding on the applicant.

6. The RERA carpet area of the unit is subject to tolerance of up to +/- 3% based on final designs and approvals. In the event, the final carpet area of the unit is more than the carpet area agreed to be provided hereunder, the applicant agrees and undertakes to pay additional consideration to the company for such excess area on pro rata basis, based on the total consideration. The Applicant agrees not to raise any objection and hereby waives his rights in that regard. In case if the carpet area is less than the mentioned carpet area below the tolerance level, the company will refund the excess money paid by the applicant for such lesser area on pro rata basis, based on the Total Consideration.

7. Application Process

a. Each Application should be accompanied by application fee. This application fee will form a part of the total consideration value. Each Application should be accompanied by application fee via Credit card / Debit card / RTGS / NEFT / Net banking/ cheque for a single booking. Non-payment of the Application Fee along with the Application Form shall result in the Application being summarily rejected. The details for all modes of payment will be available at the point of sale.

b. Withdrawal/ Cancellation – A withdrawal/ Cancellation request needs to be raised by writing an email to info@kiranrealty.com. The booking amount plus taxes will be forfeited upon cancellation.

8. An incomplete Application Form is liable to be rejected at the sole discretion of the company. Few illustrations of incomplete Application Forms which may lead to rejection are as follows:

a. The UTR no./ Swift Code are not correctly mentioned

b. The Cheque/demand draft/Banker's cheque issued by the Applicant towards the Application Fee is dishonored or returned, unpaid for any reason whatsoever, or the payment of Application Fee through RTGS/NEFT is not realized by the company c. The Application Form is not signed by the Applicant or any person duly authorized by the Applicant. d. Any incomplete or overwriting, additions, deletions and/or signs of erasing is made on the Application Form. e. The Application Form contains any condition (s) beyond what is stated in these Terms & Conditions. 9. The Company reserves the right to accept or reject the Application Form at its sole discretion and without assigning any reason for the same. This Application Form and the terms hereof shall supersede all the prior discussions and correspondences (written or otherwise) between the Applicant and the Company.

10. The Applicant confirms that while submitting this Application Form, the Applicant has complied with the applicable laws in relation there to, including those pertaining to sources of funds used for this Application and indemnifies the Company in that regard.

11. The allotment of unit in the project is entirely at the discretion of the Company. The allotment of unit shall be confirmed on the issuance of the letter of Allotment or signing of Villa Buyer’s Agreement in the Company’s standard format which has been read and understood by the applicant.

12. The Applicant has seen and accepted the plans, designs, specifications and the Applicant authorizes the Company to effect suitable and necessary changes/alterations/modifications in the layout plan/building plans, designs and specifications as the Company may deem fit or as directed by any competent authority(ies).

13. The Applicant has fully satisfied himself about the rights, title, interest of the Company in the Project. This is to be developed/- constructed by the Company as per the prevailing statutory provisions and has further understood statutory provisions and has further understood all limitations and obligations in respect thereof.

14. Schedule of Payments:The applicant upon successful allotment will be required to follow the below RERA compliant payment plan mentioned in Annexure A separately.

15. In case it is learnt that an Applicant has misrepresented any fact or information in the Application Form or in the financial instruments, such Application will be summarily terminated and the entire Application Fee shall stand forfeited. 16. That it shall be incumbent on the Applicant to comply with the terms/time of payment and/or other terms and conditions of the Allotment/Villa Buyer’s Agreement failing which the consequences provided in RERA and the Rules made thereunder will be attracted.

17. That in case the Company condones any default either in the payment of instalments or in respect of other obligations of any particular instance, the same shall not be a waiver of any stipulations contained in the letter of Allotment or the Villa Buyer’s Agreement.

18. Loan from the financial institution to finance, may be availed by the Applicant. However, if a particular institution/bank refuses to extend financial assistance on any ground, the Applicant shall not make such refusal an excuse for non-payment of further instalments/dues.

19. The Applicant undertake to abide by and comply with all laws, rules and regulations, terms and conditions applicable/made applicable to the unit and the Project in which the unit is located in (Area, Tehsil).

20. The Applicant and the Joint Applicant declare and affirm that in case of joint allotment failure to pay by anyone shall be deemed as failure to pay by both/all and the joint applicant shall be treated as a single person for the purpose of the Application and both (all) shall be liable for the consequences jointly as well as severely.