General

Payment Schedule

On booking 10% of the total Cost
On registration of UDS 30% of the total Cost
On completion of Foundation 15% of the total Cost
On completion of GF roof slab 15% of the total Cost
On completion of 1st floor roof slab 15% of the total Cost
On completion of brick work 10% of the total Cost
Prior to handing over Balance 5%

Terms & Conditions

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 materials 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 artist’s 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.

10% of the total amount of the Villa to be paid at the time of booking, with duly filled booking form. Agreement for Construction to be executed/ registered within a period of 2 weeks from the booking date. Registration of the Land 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 agreement for construction.

In addition to the amount mentioned in the Booking form, the Purchaser would have to pay for the registration expenses, stamp duty, property tax and assessment charges, Govt. Taxes, E.B 8: 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 from the Purchaser side, an amount of Rs.1,00,000/- shall be forfeited from the booking advance as Cancellation charges.

In case of a cheque bounce, a fine of Rs.5,000/— (Five Thousand only) shall be charged as cheque dishonor charges. Any subsequent payment to Global Habitat Pvt. Ltd shall be made by pay Order/ Demand Draft.

Interest @ 24% will be charged and collected by the builder on all overdue bills.
An amount of Rs. 36/- per sq.ft would have to be paid to the Builder towards maintenance of the community for the first eleven months from the date of handing over excluding the AMC charges for the services . After the first eleven months, the maintenance shall be carried out by the Builder at the cost of the Owners, till the formation of the Owners association or such other alternate body, but to a maximum of 6 months from the completion of the first eleven months. Membership in the association is compulsory. The maintenance charges would be payable by the owner’s on a monthly basis.

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.

Legaljurisdiction 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 its contents or between the materials and the actual unit. Visual representation such as layout plans, finishes, illustrations, pictures, photographs and drawings contained in the materials are artist’s impressions only and not representation of facts. Such materials are for guidance only and should not be relied upon for accuracy of any specific matter. All informations, specifications, plans, and visual representations contained in the material are subject to changes from time to time by the developer and/or the competent authorities and shall not form part of the offer or contract. No part of the material shall constitute a representation or warranty.