Terms & Conditions

1. At the time of registration, Sales and construction Agreement will be executed between the Promoter and the Owner.

2. Once allotted and agreement signed, the prices are firm. All payment by demand Draft/ local cheques in favor of Realty Property Planners payable at Ernakulam.

3. Possession shall be given to the customer only after settling the dues to the company.

4. The concept of transaction shall be sale of land / land share on the condition that promoter only shall be undertaking the construction utilizing the funds to be made available by the owner through advances.

5. On completion of the construction the company shall arrange legal transfer of the property/ land share in favor of the owner at the cost of the latter which shall be subject to the owner paying all the outstanding dues to the company.

6. The measurements/ specifications given in the brochure shall be subject to minor variations, if such changes are warranted to statuary requirements which shall not be objected by the owner.

7. Villas are constructed by the Realty property planners and handed over to the owners on fulfilling the agreement obligations by the parties concerned. The maintenance responsibility will rest on the buyers.

8 . Maintenance charges for common amenities should be paid by the owners

9. Besides the payment of the construction cost in the manner incorporated in relevant schedule in the agreement, the Owner has to bear the following expenditure

a. electrical/ water connection deposits/ charges, expenses towards electrical transformer/ generator power cabling, KSEB deposit against energy meter installation and any statutory fees.
b. The Works Contract tax related to the construction a per the prevailing rules.
c. Service tax as per the prevailing rules.
d. Building tax, corporation Tax, any other taxes/ levies existing or likely to be paid on account of the construction of the villa allotted.

10. Once booked and confirmed, owners is not normally expected to cancel. In the event of cancellation, the amounts advanced shall be refunded with out any interest; but only after re-allotment of the villa/plot
Note: Realty Property Planners reserve the right to make minor changes in the dimensions and specifications during the execution. The builders reserve the right to take up and execute any part of the common facilities in accordance with their priorities


copyright 2006 | Terms & Conditions