::ALLOTMENT LETTER::

To,
Mr. ……………………………..
…………………………………..
…………………………………..
…………………………………..

Dear Sir,

We the Developers Globus Housing Pvt. Ltd., are pleased to inform you, that in response to your
application dated ………….., and the payment of booking amount of Rs.....................(Rs.
……………………………..only )+ Rs. …………. (Rs. …………………….. only) Service Tax
thereon, total amount being Rs. ……… (Rs. ………………. only) on your part through Cash vide
Reciept No. ……., dated …………., & Rs……………../- (Rs.
…………………………………………………. only)+ Rs. …………./- (Rs. …………………………..
only) Service Tax thereon, total amount being Rs. ……………….. (Rs. ………………………….
only) on your part through Cheque No. ……………., …………………….., dated........................our
company has agreed to allot a residential Unit/Flat No. ……….., located at the........................Floor in
the Block “...........”, of Coral Woods Complex, being developed & constructed by us on land bearing
Khasra No. 67/1/3,68,79/7/2-80,81,82,83, 79-80-81-82-83/5/2; 79-80-81-82-83/5/6; 79-80-81-82-
83/5/7; 79-80-81-8283/3/1/2kh; 69/1/1; 69/1/2;
69/1/4;69/1/6;69/1/7;69/1/8;69/1/9/2;69/1/11;70/3;71/1/1;71/1/2;72;73;74;75;76/1/1/1/3/1;69/2;70/2;70/
1;71/2;67/1/1,68;67/1/2,68;67/1/3,68,79/7/1,80,81,82,83;67/1,68/5,79,80,81.82.83/9/3;67/1,68/5,79,80,8
1.82.83/9/2;67/1,68/4/2;67/1,68/4/1/3/4;67/1,68/4/1//3/1;67/1,68/5,79,80,81,82,83/9/1/1ga;67/1,68/4/1/2
,79,80,81,82,83/4/2,67/1,68/5,79,80,81,82,83/9/1/1/g;67/1,68/4/1/3/6;67/1/4/1,68;67/1/4/8,68;67/1,68/5,
79,80,81,82,83/9/1/1Kha;67/1,68/4/1/3/2 & 67/1,68/4/1/3/3 admeasuring 21.94 Acres in total and
situated at Village Misrod, Tehsil Huzur, District Bhopal (M.P.), a land Owned by M/s Rishi
Construction, a registered Partnership Firm having its Registered Office at FF-11, Mansarovar
Complex, Hoshangabad Road, Bhopal (M.P.), under a Registered Joint Venture Agreement dated
31.03.2011, after obtaining all the necessary permissions, sanctions, approvals & certificates from the
concerned departments/authorities, with which you have already satisfied yourself, before issuing this
Allotment Letter dated....................., having measurements and boundaries as under:-

Built Up Area of ………….. Sq. Ft. & Super Built Up Area of..................Sq. Ft. bounded as under-

In the East by : Proposed …………………..

In the West by : Proposed …………………..
In the North by : Proposed …………………..
In the South by : Proposed …………………..

Kindly accept the allotment of the said Unit/Flat, under the terms contained herein.
Terms of Allotment:-

1. GENERAL TERMS

1.1 That you agree & accept that we, Globus Housing Pvt. Ltd., a Private Limited Company
incorporated under the Companies Act, 1956, having its Administrative Office at 176, Zone-II, M.P.
Nagar, Bhopal, are in the business of real estate development, construction and marketing of
residential townships and commercial complexes, and is having sufficient experience, knowledge and
infrastructure for such development, construction & marketing works. Shri Ujjwal Singh Bathija,
being its director, is fully authorized to sign & execute this allotment letter, on behalf of our
Company.

1.2 That you further agree that we, under a Joint Venture Agreement dated 31.03.2011, with M/s
Rishi Construction, a registered Partnership Firm having its Registered Office at FF-11, Mansarovar
Complex, Hoshangabad Road, Bhopal (M.P.), are constructing, developing and raising a residential
complex comprising of multistoried type residential construction with residential Flats, as also
commercial construction in the name of "Coral Woods" on the aforesaid 21.94 Acres of land
situated at Village Misrod, Tehsil Huzur, District Bhopal (M.P.) and we, under the terms & conditions
of the aforesaid agreement dated 31.03.2011, have also been authorized to book, allot, sell and to
enter in to agreement to sale, to execute sale deeds etc., with respect to the residential and commercial
units to be constructed in the said "Coral Woods" Project, with the prospective allottees/purchasers.

1.3 That you intend to purchase a residential flat on payment of due consideration and have
shown your willingness to purchase one of such residential flat to be constructed by us on the terms
and conditions as mentioned in this allotment letter.

1.4. That you agree that we are well and sufficiently entitled to sell, transfer and assign the free
hold rights in the said residential scheme and the said premises is free from all charges,
encumbrances, lien, leases, claims demands and action of any kind whatsoever.

1.5. That you agree, that you have checked & verified the fact that we and M/s Rishi
Construction have complied with all the statutory legal requirements necessary for the purposes of
developing and constructing the Residential & Commercial Multistoried Complex on the said land in
the name and style of 'Coral Woods'.

1.6. That we declare that we have all the lawful rights to secure the said land and do the
construction over the same. We have also acquired the right of allotting & selling the said property to
the prospective allottees/buyers and get the sale deed executed in their name by virtue of the said
allotment letters/agreements/sale deeds and therefore this allotment letter is being issued for the
allotment of the said residential unit/flat (hereinafter referred as the ‘Respective Unit’). We will
develop and construct various blocks in the said complex with parking, children park, gym & other
facilities. The project shall also comprise of separate Blocks for informal sector. The construction
shall be raised in various phases. All the Residential blocks consist of Ground Floor & Six Floors
above the Ground Floor. The Ground Floor of each Block shall be used exclusively for Stilt Parking
Place.

1.7. That before the issuance of this allotment letter, you have clearly understood -

(i) That for the purposes of this allotment letter the -

Built Up Area of the said proposed Residential Unit/Flat, shall mean the entire area enclosed by its
periphery outer walls, including the area under the walls, columns, balconies, cupboards, etc. which
form an integral part of the said proposed Residential Unit/Flat.

Common Areas shall mean, all such parts/areas in the entire said building, which you shall use, by
sharing with other occupants of the said building, including the Foyer, Entrance Lobby at Ground
Floor, Lift Lobbies, Lift Shafts, Electrical Shafts, Common Corridors & Passages, Staircases,
Mumties, Service Areas, including but not limited to Lift Machine Room, Down Head Tank,
Maintenance Office/Stores, etc. and Security Control Rooms and Common Toilet on the Ground
Floor.

Super Built Up Area with respect to the said proposed residential Unit/Flat, shall be the sum of the
Built Up Area of the said proposed Residential Unit/Flat and its Pro-rata Share of the Common
Areas in the said entire building.

(ii) You have clearly understood the meaning & definition of Built Up Area, Common Areas and
Super Built Up Area as defined hereinabove and the said meanings & definitions are hereby
accepted by you, as on the date of the acceptance & signing of this allotment letter and therefore, you,
will not raise any dispute or make any claims in this regard, any time in future.

(iii) You have also clearly understood that, in compliance of the applicable amended legal provisions,
the registered sale deed of the Residential Unit/Flat shall be executed on the basis of the Built Up
Area, for which you hereby by accepting this allotment letter, tender your full consent and shall not
raise any objection in this regard.

2. SALE CONSIDERATION, ADVANCE & INSTALLMENTS:

2.1 That the you shall pay a total sale consideration of Rs......................................./- (Rs.
…………………………………..…..only) to us against the said proposed residential unit, being its
basic price. Out of the aforesaid amount, an amount of Rs......................(Rs.
……………………………..only )+ Rs. …………. (Rs. …………………….. only) Service Tax
thereon, total amount being Rs. ……… (Rs............................only) on your part through Cash vide
Reciept No. ……., dated …………., & Rs……………../- (Rs.
…………………………………………………. only)+ Rs. …………./- (Rs.
………………………….. only) Service Tax thereon, total amount being Rs.............................(Rs.
…………………………. only) on your part through Cheque No.………………….., dated
…………….., has been paid by you as an advance payment against the booking of the said unit out of
which Rs.50,000/- (Rs. Fifty Thousand only) would be treated as earnest money, with us and we
hereby acknowledge the receipt of the aforesaid amounts. The remaining sale consideration of
Rs……………….. (........................................................only) shall be paid in
installments by you to us, as per the following schedule-
(a) At the time of Booking : Rs......................./-+Taxes thereon
(b) Within 45 days of Booking : Rs….................../-+Taxes thereon
(c) At the stage of Plinth Level : Rs………………/-+Taxes thereon

(d) At the stage of Ground Floor Slab : Rs….................../-+Taxes thereon

(e) At the stage of Fourth Floor Slab : Rs......................./-+Taxes thereon
(f) At the stage of Sixth Floor Slab : Rs......................./-+Taxes thereon
(g) At the stage of Brick work : Rs......................./- + Taxes thereon
(h) At the stage of Plaster : Rs......................./-+Taxes thereon
(i) At the stage of Flooring : Rs....................../-
+ External Maintenance Charges
+ Taxes thereon
(j) At the time of Possession : Rs....................../- + Taxes thereon
+ IFMSD.

2.2 Apart from the above basic price of the residential unit being allotted to you, the following
charges shall also be payable as per the schedule mentioned above:-

(a) External Maintenance : @ Rs. 1.25/- per Square Feet of

Super
Built Up Area per Month.
(b) Interest Free Maintenance Security
Deposit (IFMSD) : Rs. 75,000/-
(c) Registry charges : As per actual
(d) Service Tax : As per actual
(e) VAT : As per actual

3. ESSENCE OF THE ALLOTMENT, TIME & CONDITIONS OF PAYMENMT OF

INSTALLMENTS:
3.1 That the time of payment of installments as per above-mentioned schedule is the essence of
this allotment. It is mandatory on your part, to comply with the terms of payments and other terms and
conditions of works. In particular and without prejudice to the above right and/or any other right
available to us under this allotment, you shall be bound to pay the above installments within 15 days
from the date of oral/written demand raised or intimation given by us. In case you fail to pay the
aforesaid amounts within the period of 15 days from the demand/intimation raised by us, a monthly
interest at the rate of 8% per annum on the defaulted balance amount shall also be payable by you,
but in no case shall the period for the payment of installments be extended beyond two months from
the date of demand/intimation and if you fail to make the payment within the aforesaid period of two
months, then in that case, you shall not be left with any lien on the said residential unit mentioned in
the schedule hereto. In such a situation we shall have the right to cancel this allotment unilaterally and
shall also have the right to sell the residential unit, booked & allotted to you, in favour of any other
person/party, as we may deem fit, and you shall not be entitled to question such sale or to claim any
amount, whatsoever from us. We shall also be entitled to forfeit the earnest money deposited by you
and if any amount is to be refunded to you, it shall be refunded without any interest and any objection
if raised by you in this regard shall be deemed to be null, void and inoperative. Or at our discretion,
the construction work of the said residential unit shall be stopped and shall be resumed only after all
the due amount has been paid by you. However you shall also be liable, to refund all the damages
suffered by us due to the delays caused by you in the payment of the installment amounts.

3.2 That in case you obtain loan from any Financing Institution/Bank and you furnish Loan
Sanction Letter indicating the payment of installments as stipulated in clause 2 of this allotment, then
in such a case, on payment of booking amount as mentioned in clause 2 above, we will execute the
required sale deed in your favor, but the possession and lien of the property will remain with us. It is
also hereby made clear that in such a situation, as per the prevailing rules and law, even if the sale
deed of an incomplete structure is being executed in your favour, the valuation in the sale deed shall
be done at the value of the final finished residential unit and you shall have to pay the stamp duty
charges accordingly.
4. ELECTRICITY CONNECTION AND SUPPLY:

(i) That separate electric transformers will be required in the said complex through which separate
electric lines and connections will be provided to the occupants including you and separate meters of
3 KW will be installed for each separate residential unit. If any extra load is required, then apart from
the aforesaid amount, an amount of Rs.10,000/- (Rs. Ten Thousand only) per extra KW shall also be
paid by you, to us. It is hereby made clear that such additional amounts so recoverable from you
against additional electrical charges shall always be, over and above the total sale consideration as
mentioned under clause 2 above and shall be recoverable separately from you. You shall before or at
the most, within 15 days from the execution of this allotment letter, intimate us in writing about your
option and requirement of the KW, after which no changes in this regard shall be acceptable. We shall
not be responsible for any delay/damages due to non-supply of electricity by State Electricity Board/
Company, or any other consequence arising thereof.

(ii) That it shall also be our responsibility to complete external electrification works of the building or
part thereof, as per the estimate and work order awarded by M.P. State Electricity Board/Concerned
Electricity Supply Company, and assist you in getting permanent residential electric connection as per
the rules and regulations of M.P. state Electricity Board/ Concerned Electricity Supply Company, but
we shall at no time be responsible for any delay, which occurs in getting the estimate & drawing
sanctioned, charged by M.P. State Electricity Board or/any electricity Company or to supply
electricity in any manner whatsoever to you from our own electric connections. In case as stated
above in this clause, if delay occurs, the date of handing over of residential unit, will be considered to
be extended accordingly. If you desire to take possession of completed unit without the electricity
connection due to the abovementioned delay, you alone shall be responsible to arrange electricity/take
temporary electric connection on your own costs and risks.

(iii) That the expenses of the common area electric consumption shall be borne by the maintenance
society out of the maintenance fund. A generator facility shall be provided for the common area
power back up and the expenses and maintenance of the said generator shall also be borne by the
maintenance society out of the maintenance fund.

5. SALE OF STRUCTURE:

That in case, if before the completion of the construction of the said Residential unit, we agree for
registration of the structure of the said Residential unit in your favor, for the purpose of availing the
loan or for any other purpose, then in such case, on registration of the structure, actual & physical
possession of the structure will be deemed to have been transferred to us automatically without any
demur and you shall also execute a general power of attorney in favour of our nominee, enabling them
to complete the construction of the residential unit thereon and/or to deal with the said property in any
manner we deem fit. The aforesaid Attorney shall be cancelled and the sale of the said unit being
allotted to you shall be recognized only at the time when the possession of said unit is handed over to
you and the letter of handing over of possession is executed between the parties and the entire
consideration amount, allied and miscellaneous & other expenses are received by us.

6. STAMP DUTY, REGISTRATION, MUTATION & INCIDENTAL CHARGES:

(i) That you hereby agree to bear, the stamp-duty and registration charges and all other incidental
charges and expenses for lawyers and other legal services for execution and registration of Sale Deed,
as per actual, as and when directed by us. If there is any escalation or increase in the stamp duty
and/or the registration charges the same shall also be borne by you.
(ii) That if there is any increase or escalation in the documentation charges/fees, you shall bear all
such additional requisite documentation charges. Mutation charges for getting the name entered with
the government records after the registration of the said residential unit in your favour, shall also be
borne by you. The responsibility of the mutation shall rest exclusively on your side & not on us.

7. LIEN & CHARGE:

(i) That we shall have the first lien and charge on the said residential unit, un-till all its dues and other
sums and payments are completely paid and discharged, by you to us. Even if any sale deed is
executed in your favour, after the construction of the said unit or before the construction on structure
basis, the title in the said unit shall be deemed to have been transferred in your favour, only after the
entire sale consideration and allied expenses are cleared by you. In such a situation the possession of
the residential unit will remain with us, till you pay all the charges, dues and also observe the terms
and conditions of this allotment letter. However in any eventuality, if the you fail to perform any or all
of the above conditions, then in that case, to safe-guard our interests, you will execute Irrevocable
Power of Attorney and a conveyance deed of the residential unit in our favour & we will be free to get
the said residential unit registered in favour of any other Person/Party and we will also be free to
recover losses/damages from you as per the terms of this allotment letter.

(ii) That without prejudice to our rights as mentioned in Clause No. 3 herein-above, you shall be liable
to pay to us, an interest at the rate @ 24% (Twenty Four percent) per annum on all amounts
outstanding for more than 15 (Fifteen) days. The discretion for termination/cancellation of the
contract or acceptance of the delayed payment with interest, shall exclusively rest with us.

8. COMMON AREA (EXTERNAL) MAINTENANCE CHARGES, IFMSD & SOCIETY:

(i) That with the clear intention to maintain the common areas/facilities in general in the entire
Premises, it is hereby mutually agreed, that you will pay in advance an amount @ Rs. 1.25/- (Re.
One & Twenty Five Paise only) per Square Feet of Super Built Up Area per month, to us, against
External Maintenance as mentioned in clause 2.2 hereinabove. The payment of this monthly External
Maintenance Charge shall commence alongwith the respective installment as stated in clause 2.1
hereinabove, which shall be utilized by us or by the maintenance society formed by us for these
purposes or by the external maintenance agency appointed by us, towards maintenance charges, to
maintain the common area and facilities, which include salaries of security guards, sweepers, lineman,
gardener(s), lift men, other related staff and common electricity/water bills, streetlight bills, common
pump room bills, and day to day external cleanliness and upkeeps of the common areas and various
facilities being provided therein, but it does not cover any major repairs/ renovation(s) Painting(s)
etc., of common areas which would be under the scope of IFMSD as mentioned hereinunder. If before
handing over the common area maintenance to the Welfare Society of the Owners/Occupants of
various flats in the project (as mentioned hereinafter), the maintenance cost increases due to rise in
labour charges, electricity charges, cost of fuel, etc. then the Company reserves the right to increase
the Common Area (External) Maintenance Charges suitably at its own discretion & all the
Owners/Occupants will have to pay the said charges accordingly as well as they will have no right
whatsoever to object in this regard. After the transfer of the maintenance work to the said welfare
society, you shall be liable to pay, such amount against the External Maintenance Charges, as may be
fixed and determined by the said Welfare Society.

(ii) That apart from the aforesaid monthly External Maintenance Charges for common area and
facilities, you shall also pay to us an amount of Rs.75,000/- against the Interest Free Maintenance
Security Deposit (IFMSD), as mentioned in Clause 2.2, along with the respective installment as stated
in clause 2.1 hereinabove. The aforesaid IFMSD amount shall also be transferred to the Welfare
Society, as and when the maintenance work is transferred to it. You shall, at all times be liable to
maintain the IFMSD amount to the minimum of R.75,000/-.

(iii) It is also made clear that a welfare society, in the name of "Coral Woods Welfare Society" shall
be formed by us for the maintenance of the complex and it is also here by specifically made clear that
it shall be compulsory & binding on you, to become a member of the said Welfare Society,
simultaneously with the execution of the sale deed in your favour, on the same date when the sale
deed is executed or as and when directed by us. After the completion of the entire project and after the
execution of sale deeds in favour of all the purchasers, the maintenance of the complex shall be done
and the maintenance account shall be operated by the body elected by the occupants and the entire
account and the amount received against IFMSD, as available then, shall be handed over by us to such
elected body, who shall thenceforth carry out the maintenance work. We shall not be responsible for
the maintenance after the formation of such elected body of the said welfare society. The
owner/occupant of each residential unit will have to become a member of such society and shall have
to abide by the rules & regulations framed by such Welfare Society and standing instruction issued by
it from time to time.

(iv) That if you sell the aforementioned Unit/Flat to some other person, after clearing all the dues and
getting the sale deed executed in your favour and after paying the transfer charges as mentioned
hereinafter, then in such a case the IFMSD paid by you would stand transferred in the name of the
buyer of the said Unit/Flat.

9. APPLICABILITY OF M.P. PRAKOSHTHA SWAMITVA ADHINIYAM:

That it has been made clear to you that since you are purchasing the said residential unit in the
multistoried building complex, therefore you would be bound to abide by the provisions of the M.P.
Prakoshtha Swamitva Adhiniyam and/or any other laws, bye-laws, rules or regulations enforceable
at present or made enforceable any time in future by the State or Central Govt. or any Local Body.
You shall also be bound to abide by the rules and bye-laws as framed by the Association or the
Welfare Society in future.

10. LOAN & FINANCE FACILITIES:

(i) That in case you desire to avail loan facility to meet the installments, from any Bank/Loan
Agency/Financial Institution/Employer, with or without our assistance, then even if such loan
disbursement or any part thereof gets delayed and thereby the payment of installment/installments to
us, on your part is also delayed, then all such delayed payments shall attract an interest @ 24%
(Twenty Four percent) p.a. irrespective of the reason for which the delay has been caused in the
disbursement of the loan/finance facility.

(ii) That however if you require a copy of title deeds/permissions etc., which are in our possession, for
availing such loan facilities, from any Bank/Financial institutions, we shall provide the same on a
reasonable request by you. In case of other documents for e.g. Search Report, Detailed Estimate from
architect, etc., you shall have to make a written request, for each such document, to us and you shall
also have to pay such charges as may be fixed by us, for obtaining the aforesaid documents.

(iii) It is hereby also agreed, that you hereby authorize and permit us to raise Finance/Loan from any
Financial Institution/Bank, by creating mortgage/charge of the said Residential Unit/Flat or by way of
securitization of the receivable or by any other mode or manner, subject to the condition that said
Unit/flat shall be made free from all encumbrances/mortgage/charge, at the time of execution of the
sale deed in your favour.

11. TIME OF COMPLETION, POSSESSION & DELAY:

That we shall endeavor to complete the construction of the said residential unit in all respects and
hand over its possession to you within 27 (Twenty Seven) months from the date of this allotment
letter /Construction and thereafter a grace period of 9 (Nine) months shall also be available to us, for
completing the construction work. However if the work is not completed due to any reasons beyond
our control or due to any force majeure, then the time for completion of the said unit shall be extended
suitably. However if the delay is caused due to non payment of the installment amounts as per the
Schedule mentioned hereinabove or due the non-payment of any other charges recoverable from
you,or due to any other act or omission on your part, then the time for completion & handing over of
the possession of the said residential unit shall automatically stand extended, till it is completed at our
convenience and at our discretion, the possession shall be handed over to you, only after all the dues
are made clear by you and the execution of Sale Deed in your favour. It is also further agreed between
the parties that –

(a) That you shall not claim the possession of the residential unit, in case, any of the
installment payments or other charges are due, in addition to the cost as agreed upon for the
residential unit.

(b) That we shall, on the completion of the construction of the said residential unit, issue a
final call notice to you & you shall within 30 days thereof, remit all the dues, charges, deposits etc, as
demanded by us from you and shall take possession of the said unit.

(c) That from the date commencing after 30 days when the final call notice is given by us to
you, that the said residential unit is ready for use and occupation, you shall be liable to bear and pay
all cash, electricity bills and other taxes, charges levies or outgoings, external maintenance charges
payable in respect of the said unit even if the possession is not taken by you & you shall also be liable
to pay additional security charges in such a case.

(d) That in case you desire to cancel the said allotment then amount(s), if any, paid over and
above the earnest money shall be refunded but only after the said residential unit has been re-allotted
and equivalent amount is received from such re-allotment. However if any loss and/or damages is
suffered by us due to any such cancellation or the inconvenience caused by such cancellation, the
same shall be made good by you to us along with the interest at the rate of 24% per annum.

(e) That it is further expressly agreed by you that the areas shown in the sale literature
published by us are based on the calculations of our Architect and Engineers. You shall not raise any
objection or demand any explanation regarding the same.

(f) Similarly the layout plan or elevations or area calculations or other schematic drawings &
visualization documents shown in our sale literature are proposed and not final. We & our Architect
reserve the right to change any or both as and when such changes take place& you will not raise any
objection towards the same. In case, due to changes in plan, the area of the unit being allotted to you
is increased then a proportionate effect will be given to the agreed price and you will make payment
of such effect without asking any question.
 (g) The completion date of building shall be deemed on which date the ready possession of
the first flat will be handed over by us.

12. OTHER COVENANTS OF THE SECOND PARTY:

(i) That it is clearly agreed and understood between the parties that this Allotment letter is strictly and
only in respect of the said Residential Unit/Flat, to be reserved in terms of this Allotment letter. The
various other facilities such as, Club House, Swimming Pool etc., as advertised are expected to come
up in stages over a period of time. Any delay in the provision of such facilities or non provision of
such facilities shall not entitle you to withhold any amount or to claim any damages or compensation
or to delay or deny any payments, as may be due, from time to time, in terms of the various clauses of
this Allotment letter.

(ii) That you have expressly understood that no verbal or written commitments, brochures or any
advertisements form the basis of this Allotment letter except that what is reduced into writing in terms
of this Allotment letter.

(iii) That you agree that you are purchasing the residential unit in a Multistoried Complex, where
construction activities will regularly go on. Therefore, you will not raise any objection to such
activities, after you have taken possession of your residential unit, but on the contrary you will give
your full support/co-operation to us.

(iv) That if we deposit any amount of any nature for the effective completion of this project, with
various departments of government, semi government, local bodies etc, then we shall have the right to
recover such deposited amounts paid by us, from you and you shall not be entitled to raise any
objection in this regard.

(v) That you hereby agree to covenant with us, that you shall at all times after obtaining possession of
the said property, duly perform and observe the conditions of sale and keep us and our representatives
indemnified, against all suits, proceedings, clearances, approvals, ownership and use of the said
property.

(vi) That you will observe and follow all the rules & regulation of the concerned local authority or
other public authority. In the event of any such act in contravention of the above provisions on your
part, you shall only be responsible and liable for the consequences thereof, towards the concerned
local authority and / or other public authority.

(vii) That you will not throw dirt, rubbish, rags, garbage, or other waste or permit the same to be
thrown from the said residential unit in the compound, open spaces or any portion of the complex land
thereof.

(viii) That we shall have the right to effect suitable and necessary alterations in the layout plan, as and
when necessary, which may involve all or any of the change, in the position of unit, change in its
number, dimensions, height, size, area, layout or change of entire scheme.

(ix) That you also agree to make all payments through demand drafts/cheques payable at Bhopal only.

(x) That you also hereby covenant that we shall have a lien and charge on the said unit for its dues and
other sums payable by you, to us.
(xi) That you shall be entitled to use only such routes and entries or exits, as may be allowed by us for
that purpose.

(xii) That you shall, if residing outside India, be solely responsible to comply with the necessary
formalities, as laid down in the Foreign Exchange Management Act 1973 and/or any other applicable
Law/Laws, including that of remittance of payments and for acquisition of immovable property in
India. You shall keep us fully indemnified and harmless, in this regard.

(xiii) That it is hereby clearly understood and so agreed by & between the parties hereto, that all the
provisions contained herein & the obligations arising hereunder, with respect to the said Residential
Unit/said Building/said Complex, shall equally and to the same extent, be applicable to and
enforceable against any and all the occupiers, tenants and/or subsequent purchasers/assignees of the
said Residential Unit/Flat, and the said obligations shall go along with the said Residential Unit/Flat,
for all intents & purpose.

(xiv) That we and the land owners intend to further expand the project by acquiring the lands
adjoining the Coral Woods Complex by outright purchase or in joint venture & for the development
of the lands so acquired the infrastructure including the roads, access, open areas, gardens, parks,
playgrounds, Club Houses & other common amenities as well as electric, water, drainage, sewer lines
etc. proposed in the existing project shall also be utilized for such future expansion & shall be used by
the prospective purchasers of such future expansion & you shall not be entitled to raise any objection
in this regard.

13. OTHER FACILITIES:

(i) PARKING:

(a) A separate car parking space shall be reserved for you which shall remain in your exclusive use. It
is also hereby made clear that the car parking space shall be provided to you and other
purchaser/occupants, beneath the roof of the ground floor of the building or in the specified open
areas of the complex and that you shall not be entitled to cover the parking space being provided to
you by any walls or by any temporary or permanent construction/ structure and shall not convert it
into any garage form.
(b)The said Car Parking Space will be considered as a part of the said proposed Residential Unit/Flat,
provisionally allotted/kept reserved for you, without conferring any ownership rights on you therein
and it shall not be transferred/sold/leased to any one as a separate entity.
(c)However it is also made clear that in case you transfer the aforesaid flat/unit in future to any other
person, as per the terms of this allotment, then such transferee of the flat/unit being booked/purchased
by you, shall have an exclusive right to use the aforesaid parking space being provided to you.
(ii) LIFTS/ ELEVATORS & STAIRS:

That separate lifts and stair cases have been provided in each of the multistoried blocks, situated in the
complex, which shall remain in common use of all the occupants/purchasers of residential units in the
Coral Woods project. The maintenance of the lifts shall be done from the maintenance amount
collected, as per clause 8 of this allotment letter mentioned hereinabove.

(iii) SEPTIC TANK:

Septic tank/tanks will be provided for the joint use and maintenance of the various Blocks in the
complex. The maintenance charges of the said septic tank/tanks shall be borne out of the common
area maintenance charges as mentioned in clause 8 hereinabove, by the users/owners/occupants of all
the Blocks in equal ratio and proportions.

(iv) CHILDREN PARK, CRICKET PITCH, MULTI GAME COURT, SITOUTS, SCATTING
RINK, SWIMMING POOL WITH CHANGING ROOM, AMPHITHEATER, PARTY PLOT:
Children Park, Tot Lot, Cricket Pitch, Multi Game Court, Sitouts, Scatting Rink, Swimming Pool with
Changing Room, Amphitheater & Party Plot, shall be provided at various specified open area of the
complex. The maintenance of all the aforesaid facilities, as well as all the equipments, machinery,
furniture, fittings etc. installed therein shall be done by the maintenance society out of the common
maintenance fund or any additional charges with respect to any/all of the above referred specified
facilities may be charged from you, as determined by us or the welfare society, as the case may be and
you shall be bound to pay such additional, to avail any or all of the above specified facilities.

(v) CLUB HOUSES, POOL TABLE, CAROM AND CHESS SITTING, TABLE TENNIS,
GYM, CARD ROOM, STEAM ROOM:

Two well developed & equipped Club Houses shall be provided at the specified spaces in the Coral
Woods project, which may include Pool Table, Carom & Chess Sitting, Table Tennis, Gym, Card
Room, Sauna & Steam Room etc. All these facilities would be available to all the Owners/Occupants
of the Coral Woods Project. Other than the above mentioned facilities certain facilities like Parties,
Food, Rooms on rent, etc. would also be provided by the Company on suitable charges & these
charges would be decided and collected by the Company at its sole discretion.

(vi) OPEN SPACES:

(a) That all the roof tops, common roads, gardens, open/common parking areas, buildings like Club
Houses etc., sheds, verandah, passages, lounge, pathways, corridors and all other facilities etc. and the
furniture and equipment provided therein in the entire complex are and will always remain our sole
and exclusive property and no right of ownership, management, developments etc. will be passed on
to you. The use of such buildings, articles etc., will be allowed to you in accordance with the terms
and conditions and subject to the special charges as prescribed by us only. Individually or jointly you
shall raise no claim/objection over there.

(b) That the terrace at the top of all the buildings/towers shall not be a part of the common areas and
shall always remain our property either before or after the execution of the sale deed in your favour or
any other occupant. The terrace of the buildings, including the parapet walls, shall always remain our
property and we shall always be entitled to use the same in any manner, as we desire, including
leasing/licensing the space thereon. We shall also have full rights, at our discretion, to use the external
portion of the buildings, the terrace and the parapet walls of the buildings for advertising and publicity
or for affixing sign boards or such other purposes as we may deem fit & proper.

(c) That even after the transfer/assignment of our right in favour of the other proposed body or
association as mentioned in this allotment letter, we shall be entitled to continue to have, the right to
make additions, alterations, modifications, demolitions, to further construct storyes/structure, building
or construction upon the building, if such construction/storyes/structure is approved by the authorities
and such additional
structure and storyes shall always be our property & we shall be fully entitled to dispose it off in any
manner we may deem fit, at our sole desertion and you shall have no right to obstruct, claim any
benefit or question the same, either by yourself or collectively with one or more allottees. We at our
own costs and expense, shall be entitled to connect the electric, water, sanitary and drainage fittings of
the additional structure/storyes, with the respective existing fittings & sources and you shall not be
entitled to raise any objections in this regard.

(d) We shall always have the right to access the roof tops, parapet walls etc. You hereby render your
unconditional consent in this regard and agree that you shall not be entitled to raise any objection or
make any claim(s) and/or demand any damages or compensation on the ground of inconvenience or
any other ground whatsoever.

(vii) ADVERTISEMENT/ SIGNAGES & COLOUR SCHEME:

You shall not put up any name or sign board, neon sign, publicity or advertisement material, hanging
of clothes etc., on the external facade of the building or anywhere on the exterior of the building or
common area. You shall also not change the colour scheme of the outer walls or painting of the
exterior side of the doors & windows etc. nor shall carry out any change in the exterior elevation or
design.

14. RESTRICTIONS AS TO USER, ADDITIONS, ALTERATIONS & TRANSFER

CHARGES:

(i) That you shall after possession, use the aforesaid unit only for the residential purposes and will not
give it on rent or lease or sublet the same for any illegal and unlawful purposes. You shall not be
entitled to use the said Residential Unit/Flat for any commercial purpose. No buyer, resident or lessee
shall keep or store any inflammable, hazardous materials or articles in his/her/its Residential Unit/Flat
which may in any way endanger the life/well being/safety/security of the building/Coral Woods
Complex or any part thereof. No buyer, resident or lessee shall himself use or permit to be used
his/her/its Residential Unit/Flat or any part thereof in a manner which is a source of nuisance or cause
any annoyance to any of the other occupant/s.

(ii) That Moreover you also expressly agree that you shall not make any additions or alterations in or
outside the said unit, with or without our permission. You shall not at any time demolish or damage,
cause to be demolished or damaged, the Residential Unit or any part/walls thereof, nor will you at any
time make or cause to be made any additions or alterations changes, structural, architectural or
elevation changes, of whatsoever nature to the said Residential Unit or any part thereof or any part of
the complex. You shall not be permitted for closing the corridor, verandah or lounges or balconies nor
shall you be permitted to carry out any alterations in the elevation and outer space, including the
colour scheme. The verandah, pathways, lounge, corridors shall not be used for storing goods or in
any other manner and these will always be kept open for common use. In case you desire a
change/modification or extra work, which can conveniently be accommodated without affecting the
overall plan, in the specification/design/layout of the property agreed to be allotted, we may agree to
such change/modification or extra work, on a reasonable request made on your part and only upon the
payment of a mutually agreed price according to the estimate prepared in this regard, the payment of
such estimated amount being a condition precedent for affecting any such change/alteration and on
another written terms & conditions regarding change in specifications of the items and the same shall
be read in conjoint with the original First Allotment letter.
(iii) That if at any time after the issuance of this allotment letter in your favour & before the execution
of the sale deed of the said unit in your favour or handing over of the possession of the said unit, you
intend to transfer the allotment of the said unit in favour of any other person, then the earnest money
amount of Rs. 50,000/- paid by you will be forfeited and the prospective buyer of the said unit will
have to pay the earnest money afresh along with any of the outstanding installments/charges against
the said unit. That if at any time after the execution of the sale deed of the said unit in your favour or
handing over of the possession of the said unit, you intend to transfer the allotment of the said unit or
to transfer it by sale, in favour of any other person you will have to pay transfer charges @ 1.5% of
the consideration obtained on such transfer to the "Coral Woods Welfare Society" to be formed, prior
to such transfer of allotment of or title in the said unit. These transfer charges may be revised from
time to time by us or the “Coral Woods Welfare Society”.

15. MOTOR PUMP & WATER SUPPLY:

Separate motor pumps will be installed at Ground floor for filling up of the over head water tanks at
the roof of the building. These pumps will lift up fresh drinking water as well as water for other use.
A point of Fresh water will be supplied directly to the kitchen of each flat. The tanks on the roof will
be used for other utility water. A separate over-head water tank would be provided on the roof of each
Block for the supply of water in that particular Block. The water shall be stored in an under ground
water tank and from there shall be lifted by pumps to the over head water tanks. As the bore-wells are
natural resources and afterwards due to any reason whatsoever, the water level goes down and the
discharge capacity decreases, the welfare society formed by the owners/occupants, will manage their
water requirements from other alternative sources/resources at their own cost. We will not be
responsible for this, in the future.

16. SEWAGE TREATMENT PLANT & RAIN WATER HARVESTING:

With an intention to save water and to re-use and recycle the waste water a Sewage Treatment Plant
shall be established in the complex, for purifying and recycling of waste & sewage water. The waste &
sewage water shall be stored in separate under ground tanks from where it shall be sent to the sewage
treatment plant. The purified, waste and sewage water shall be stored in separate sump wells and shall
be supplied for gardening & other suitable purposes. For the proper utilization of the rain water and for
the recycling of the rain water to the underground water resources, rain water harvesting system shall be
installed in the Coral Woods Complex, as per the specified building norms.

17. INSPECTION, VISITS & SATISFACTION:

(a) That you will visit the said residential unit during its construction at various stages, time to time
and satisfy yourself with the construction work, its progress and completion, the quality of work and
material used, as also the quality and number of installations made inside, and will give your
comments and observations.

(b) That after payment of all outstanding dues accruing against the aforesaid booked unit, it shall be
your duty to fully inspect observe and confirm that you are taking the possession of the unit after
satisfying yourself in all respects i.e. regarding quality of workmanship, materials used etc. because
after the possession, we will not be responsible to carry out and/or repair any defect pointed out by
you. But we shall undertake to carry all the defects and repairs pointed out by you, before you
take over the possession of the said unit.
(c) That, since you have purchased the said residential unit, after completion, on "as is where is" basis,
it is mutually agreed that you shall satisfy yourself in all respects (e.g. cracks, leakage, electric line,
switches, water lines, water inlets & outlets, sewer lines, sewer inlets & outlets, flooring material,
painting and all fixtures etc.) before taking possession of the unit. It is also specifically agreed
between the parties that some defects may appear in the natural materials used in construction of the
unit/flat, or after the completion of the flat/unit, air cracks or seepage may appear at certain places,
which is normal factor in due course of the construction. We shall not be held responsible in any way
for any such defects, air cracks or seepages.

(d) That it is hereby also made clear that once the possession of the unit has been taken by you, we
shall not entertain any complaint with regard to any defect in the construction, whatsoever. However
if any complaint regarding any defect in the construction is raised within 9 (nine) months of taking
over of the possession by you, then we shall, as a goodwill gesture, make all our endeavor to remove
such defect, but we shall not have any legal liability of any kind in this regard. But it is specifically
made clear, that no such complaint shall be entertained after the expiry of the period of 9 (nine)
months from the taking over of the possession by you, where after you shall only be responsible for
any such defects and shall carry out the repairs at your own cost.

18. TAXES, LEVIES, CESS & OUTGOINGS:

(a) That you specifically agree, that since the price is not inclusive of any tax, therefore if due to any
interpretation or amendment or new enactment or legislation or any other reason, the transaction
covered under the allotment letter is hereafter held, subject to any other Tax under any Law/Laws,
including any payment required to be made by us or recovered from us or for which we are liable
towards the State of Madhya Pradesh, or Sales Tax on transfer of property or in goods involved in the
execution of works contract or any other statutory modification or enactment thereof or any other
Tax/Cess/Levi//Property Tax/ Tax on vacant but booked units, becomes payable by us to the
Government, Municipal Corporation or any other local or Public body or authority, the same shall be
paid by you, as the case may be specifically or in proportion to the super built up area of the
purchased unit, i.e. on pro-rata basis along with the other occupants and you hereby undertake to
indemnify us in this regard.

(b) That, once the possession is handed over to you, all taxes, cesses, levies and any other charges
payable in respect of the said Residential Unit/Flat and the land beneath it presently in force and/or
which may be subsequently imposed by any lawful authority in the form of taxes, shall be paid and
borne by you, from the date of taking over possession of the Residential Unit.

19. FORCE MAJURE:

(a) That considering the nature of work involved in the project, in case, the completion of the unit is
reasonably delayed due to unforeseen reasons or due to shortage of raw materials, steel, cement etc.,
then you shall not claim any interest or damage whatsoever. Thus you agree that the sale of the
Residential Unit is subject to Force-de-Majure clause, Natural calamities and Act of God.

(b) That you agree that if as a result of any legislation, order or rule, we are unable to complete the
unit and/or deliver possession thereof to you, then our only responsibility and liability will be to pay
to you the total amount (attributable to the said unit) that may have been received by us for the further
work, in the time and in the manner as may be decided by us and no interest or damages shall be paid
by us.
(c) That in any of the following cases, namely, where delay is caused by (i) strike or lock out of
workmen, (ii) accident at the works for which the First Party is not responsible, (iii) bad weather, (iv)
extra works or variations, (v) force majure, (vi) the acts of the State enemies or Notification of the
State or Central Government, change in M.P. Govt. Policy and/or M.P. Bhumi Vikas Adhiniyam
and/or any other Board or competent Authority or for any other reasons beyond our control, the time
frame fixed under this allotment letter shall be extended and the same fact shall be communicated to
you by us and in that event no claim would be entertained by us, in respect of such dwellings.

20. REGISTERED ADDRESS:

That it shall be your sole responsibility to inform all the changes in your address, to us under
Registered A/D if it is other than one mentioned in this allotment letter. All notices/demands, posted
at the first registered address will be deemed to have been delivered at the time, when those are posted
by us and shall be deemed to have been served upon you duly within time and in the event of non-
service of any such notice/letter, you shall be responsible for any default in payment and other
consequences that might occur there from.

21. NON-ASSIGNMENT CLAUSE:

(i) That nothing contained in this allotment letter is intended to be nor shall be constructed as a grant,
demise or assignment in law of the said unit or of the said area or any part thereof. You shall have no
claim, save and except in respect of the unit hereby agreed to be reserved for you and all open spaces,
common parking spaces etc., shall always remain our property. This allotment letter or any of your
interest in this Allotment letter, shall not be assigned by you, without obtaining our prior written
consent, which consent may be given or denied by us in our sole discretion and shall be subject to
applicable laws and notifications or any governmental directions as may be in force and further shall
also be subject to the Transfer Fees/Charges, terms & conditions, as we may impose.

(ii) That you agree, that in case you wish to transfer the allotment of the unit made in your favour
through these presents, before the registration of the sale deed or before the handing over of the
possession, to any Third Party/Person, who agrees to pay the full or balance amount as agreed, then
the sum of earnest money shall not be refunded nor shall it be transferable to the account of any such
third party/person. In such a case you hereby agree that you will obtain "no dues" and "no objection
certificate" from us, before sale/transfer of the unit to any such Party/Person. In case of failure to do
the same, the transfer, if any made by you, will be treated as null and void.

22. FINALITY & BINDING CLAUSE:

That it is also expressly agreed by you that all the terms and conditions mentioned in all
correspondences related to this unit including this allotment letter, will be binding upon you and all
your successors. This Allotment letter and the terms and conditions supersede any and all
understandings in any other Agreements, corresponding agreements whether written or oral, if any,
between the parties. This allotment letter or any provision hereof cannot be orally changed, terminated
or waived. That we the Developers on the one part & you the Allottee on the other part shall be free to
execute Agreement to Sell or such other Agreements in future, as may be necessary, on such terms &
conditions, including all the above terms, as may be mutually agreed.

23. WAIVER:
That any delay tolerated or indulgence shown by us in enforcing the terms of this Allotment Letter or
any forbearance or giving of time to you, shall not be construed as a waiver on the our part, or any
breach or non-compliance of any of the terms and conditions of this agreement; nor shall the same in
any manner, prejudice our rights.

24. ARBITRATION CLAUSE:

That in case of any dispute between you & us, in respect of any of the clauses of this allotment letter
or in respect of any claim arising out of this allotment letter or the disputes relating to the termination
of the Allotment, nonpayment of the dues in time, or with respect to any dispute between the parties
to this allotment or any persons/heirs/successors claiming through them shall be decided by an
Arbitrator, who shall be appointed by us at our own choice and whose decision on the said dispute
shall be final and binding on both you & us. The provisions of the Arbitration and Conciliation Act,
1996 shall be applicable to the proceeding before the said Arbitrator. The place of Arbitration shall be
at Bhopal.

25. JURISDICTION:

That without prejudice to the aforementioned Arbitration Clause, this allotment letter & the allotment
of the Unit/Flat thereof, shall be subject to the exclusive jurisdiction of the Courts at Bhopal (M.P.).
 SCHEDULE OF UNIT/FLAT ALLOTTED

All the property known as a ………….. Bedroom, residential Unit/Flat No-…………., located at
the ………… Floor in the Block “………” of Coral Woods Complex, being developed &
constructed by us on land bearing Khasra No. 67/1/3,68,79/7/2-80,81,82,83, 79-80-81-82-83/5/2; 79-
80-81-82-83/5/6; 79-80-81-82-83/5/7; 79-80-81-82-83/3/1/2kh; 69/1/1; 69/1/2; 69/1/4; 69/1/6; 69/1/7;
69/1/8; 69/1/9/2;
69/1/11;70/3;71/1/1;71/1/2;72;73;74;75;76/1/1/1/3/1;69/2;70/2;70/1;71/2;67/1/1,68;67/1/2,68;67/1/3,6
8,79/7/1,80,81,82,83;67/1,68/5,79,80,81.82.83/9/3;67/1,68/5,79,80,81.82.83/9/2;67/1,68/4/2;67/1,68/4
/1/3/4;67/1,68/4/1//3/1;67/1,68/5,79,80,81,82,83/9/1/1ga;67/1,68/4/1/2,79,80,81,82,83/4/2,67/1,68/5,7
9,80,81,82,83/9/1/1/g;67/1,68/4/1/3/6;67/1/4/1,68;67/1/4/8,68;67/1,68/5,79,80,81,82,83/9/1/1Kha;
67/1,68/4/1/3/2 & 67/1,68/4/1/3/3 admeasuring 21.94 Acres in total and situated at Village Misrod,
Tehsil Huzur, District Bhopal (M.P.), having Built Up Area of...................Sq. Ft. & Super Built Up
Area of...............Sq. Ft.

BOUNDARIES:-

In the East by : Proposed …………………..

In the West by : Proposed …………………..
In the North by : Proposed …………………..
In the South by : Proposed …………………..

This Allotment Letter has been issued by the Allotter & the letter & all the terms contained therein at
Bhopal on this ………………………...

ALLOTTED BY

Globus Housing Pvt. Ltd.,

a Private Limited Company
incorporated under the
Companies Act, 1956, having its
Administrative Office at 176,
Zone-II, M.P. Nagar,
Bhopal, Represented by its Director Shri
Ujjwal Singh Bathija, S/o Dr. S.S.
Bathija