Terms & Conditions

1. Application is not an Agreement for Sale. Submission of the Application does not confer any right, title, or interest in favour of the Applicant(s) in the apartment and/or car parking space(s). Acknowledgment of receipt of the Application and acceptance of money does not entitle the Applicant(s) to provisional or final reservation/allotment.
2. Refund on non-allotment. If, for reasons not attributable to the Applicant(s) and due to force majeure conditions as defined under the RERA Act and rules made thereunder, the Promoter is unable to finally allot/reserve the apartment and car parking, the Applicant(s) may seek a refund of the Application amount by giving ninety (90) days' written notice; the Promoter shall refund the amount after deducting taxes paid.
3. Payment of consideration. The Applicant(s) shall pay the total consideration for the apartment as per the payment schedule specified in Annexure A of the Application, along with all other applicable amounts, charges and dues, including taxes, and shall comply with the provisions of Section 194-IA of the Income Tax Act, 1961.
4. Interest on delayed payments. All delayed payments, instalments, or outstanding amounts beyond due dates shall attract interest as prescribed under the Maharashtra RERA (Registration of Real Estate Projects, Registration of Channel Partners, Rates of Interest and Disclosures on Website) Rules, 2017, along with applicable GST, until realisation.
5. Cancellation & forfeiture. In the event of delayed payment, breach of these terms, or withdrawal of the Application by the Applicant(s), the Promoter may cancel/terminate the booking and forfeit an amount equal to 10% of the total consideration (including taxes, levies, surcharges, interest on outstanding instalments, and brokerage paid, if any). Any balance shall be refunded without interest within 90 days of termination as per the RERA Act; any shortfall shall be paid by the Applicant(s) with interest within 15 days of intimation. Thereafter, the Applicant(s) shall have no lien, right, title, interest, or claim over the apartment or car parking space(s), without prejudice to the Promoter's other rights and remedies.
6. Promoter's first lien. The Promoter shall at all times have the first lien and charge on the apartment and/or car parking space(s) for all dues payable by the Applicant(s).
7. Title verification acknowledged. The Applicant(s), on inspection of relevant documents, confirms being fully satisfied about the Promoter's title, interest, and rights in the land on which the project is developed, and has no objection or requisition in this regard.
8. Transfer of allotment. Transfer of an allotment is permissible only with the Promoter's prior written consent and on payment of transfer charges at 2% of the resale value of the apartment (or the market value where higher), plus applicable GST.
9. Taxes and statutory charges. All present and future sums, taxes, charges, deposits, and other statutory duties including municipal taxes, service tax, VAT, property tax, and GST applicable to the allotment/sale of the apartment and/or construction of the building, along with any interest or penalty thereon, shall be borne and paid by the Applicant(s) alone, in addition to the total consideration, including any future increases in such levies.
10. FEMA / RBI compliance for NRI & foreign applicants. Applicant(s) who are NRIs, foreign nationals of Indian origin, foreign nationals, or foreign companies are responsible for complying with the Foreign Exchange Management Act (FEMA), RBI Act, and related rules governing remittance, acquisition, and transfer of immovable property in India. The Applicant(s) confirm(s) they are not citizens of Pakistan, Bangladesh, Sri Lanka, Nepal, Afghanistan, China, Iran, Bhutan, or any other country restricted under FEMA from acquiring immovable property in India.
11. Satisfaction with project information. The Applicant(s) confirms being fully satisfied with all information relating to the apartment and project, and all clarifications provided by the Promoter.
12. Stamp duty & registration costs. The Applicant(s) agrees to pay, as and when demanded, all stamp duty, registration charges, and incidental/legal expenses for execution and registration of the Agreement for Sale. Non-payment of dues within the stipulated time entitles the Promoter to cancel/terminate the booking and forfeit amounts on the same basis described above.
13. Payments due at Mumbai. All payments under these terms are due and payable at Mumbai only. Acceptance of a payment at any other location does not waive this stipulation.
14. Agreement for Sale format. The format of the Agreement for Sale has been shared with the Applicant(s) and is also available on the MahaRERA website. The Applicant(s) confirms having read and understood its contents; in case of any conflict, the terms of the executed Agreement for Sale shall prevail over this Application.
15. RERA-compliant registration. Registration of the Agreement for Sale shall be carried out in accordance with the provisions of the RERA Act.
16. Acknowledgement. The Applicant(s) confirms having fully read and understood these terms and agrees to abide by them without demur or protest.
17. Signature requirement. The Applicant(s) shall sign all pages of the Application in token of acceptance of these terms.

Note: These clauses summarise the Booking Application terms for informational purposes. The signed physical/digital Application form and the subsequent Agreement for Sale remain the governing documents for any specific booking.