General Terms

Payment Schedule

On booking 10% of the total Cost
On registration of UDS 30% of the total Cost
On completion of Stilt floor roof slab 10% of the total Cost
On completion of 1st floor roof slab 10% of the total Cost
On completion of 2nd floor roof slab 10% of the total Cost
On completion of 3rd floor roof slab 10% of the total Cost
On completion of 4th floor roof slab 10% of the total Cost
On completion of brick work 05% of the total Cost
Prior to handing over Balance 5%

Terms & Condition

The builder reserves the right to cancel/ reject a booking without assigning any reason whatsoever. In such cases booking amount would be refunded within 20 days without interest.
The brochure / marketing material are for information only and do not constitute any legal invitation to an offer.
Plans shown in the brochure/ marketing materials are not to scale and that the elevation shown is artists expression only, which may vary according to the site regulations. The dimensions and other details provided in the brochure/ marketing materials are subject to minor alterations without notice, and shall be purely at the discretion of the builder.
SBA is inclusive of common areas and wall thickness.
Choice of flat only is given to the client and allocation of car parks will be done only on the basis of car park drawing given by the architect.
10% of the total amount of the apartment to be paid at the time of booking, with duly filled booking form. Agreement for Sale and Construction to be executed within a period of 2 weeks from the booking date. Registration of the UDS to be done within 30days of booking by paying 40% of the total cost. The balance amount to be paid as per the payment schedule mentioned in the construction agreement.
In addition to the amount mentioned in this form, the Purchaser would have to pay for the cost of the car park, registration expenses, stamp duty, Govt. Taxes, E.B & Water connection charges, Maintenance deposit, Club House Membership Fee, etc. and all such other statutory taxes, fees and charges which are at present applicable and chargeable, and what may be levied in the future by the said authorities.
All payments to be made in favour of Global Habitat Pvt. Ltd., Coimbatore.
In case payments are not made as per the agreement signed, the builder reserves the right to cancel the allotment. In such cases refund to the client will be made only after re-allocating the unit to another party and such refund shall be without any interest and premium and will be subject to deductions of expenses and damages.
In the event of the builder deciding not to proceed with the project, they will be entitled to do so and in such an event the Purchaser(s) will only be entitled to receive back the amounts paid without any interest.
In case of Cancellation/ Withdrawal of the Application for ANY reason whatsoever, an amount of Rs 50,000/- shall be forfeited from the booking advance as Cancellation charges.
In case of a cheque bounce, a fine of Rs.1000/- (One Thousand only) shall be charged as cheque dishonour charges. Any subsequent payment to Global Habitat Pvt. Ltd shall be made by pay Order/ Demand Draft.
Interest @ 20% will be charged and collected by the builder on all overdue bills.
The maintenance will be carried out by the builder till the formation of the owners association or such other alternate body. Membership in the association is compulsory. The maintenance charges would be payable by the owner’s on monthly basis. In addition an amount of Rs 15,000/-, would have to be paid as Corpus fund before possession. This would be transferred by the builder to the association or such other body formed, after deduction of expenses incurred by them towards maintenance till such period.
Builder will be entitled to vary the price at its discretion. The rates agreed with the purchaser at the time of booking will be firm and no escalation will be charged after booking.
Legal Jurisdiction will be at Coimbatore.
Oral commitments will NOT be entertained by the builder.

Disclaimer

Whilst reasonable care has been taken in preparing the brochure, the developer and its agents shall not be held responsible for any inaccuracies in their contents or between the materials and the actual unit. Visual representation such as layout plans, finishes, illustration, pictures, photograph and drawings contained in the materials are artists impressions only and not representation of fact. Such materials are for guidance only and should not be relied upon as accurately describing any specific matter. All information, spesifications, plans and visual representations contained in the materials are subject to changes from time to time by the developer and / or the competent authorities and shall not from part of the offer or contract. No part of the materials shall constitute a representation or warranty.