0% found this document useful (0 votes)
49 views12 pages

Allotment Letter

This document is a draft allotment letter from Atree Developers for a residential/commercial unit in the 'SKY GALAXY' project, detailing the allotment of a specific flat, parking spaces, and payment terms. It includes conditions for payment, possession timelines, cancellation policies, and the requirement for the execution of an agreement for sale. The letter also outlines the completion schedule for the project and confirms that the unit is free from encumbrances.

Uploaded by

Ashwini kor
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
49 views12 pages

Allotment Letter

This document is a draft allotment letter from Atree Developers for a residential/commercial unit in the 'SKY GALAXY' project, detailing the allotment of a specific flat, parking spaces, and payment terms. It includes conditions for payment, possession timelines, cancellation policies, and the requirement for the execution of an agreement for sale. The letter also outlines the completion schedule for the project and confirms that the unit is free from encumbrances.

Uploaded by

Ashwini kor
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 12

Page 1 of 12

Draft of Allotment Letter 3/07/2025

Sr. No._______ Date:____/____/202__

ALLOTMENT LETTER
To,

Mr/Mrs./Ms.______________________________________
Residing at _________________________________________
__________________________________________________
Landmark:_______________________Village/City/Town:________
Taluka _______________District _________Pincode:________
Telephone/Mobile number(+91)_________________________
PAN Card No.:_________________________
Aadhar UID Card No.___________________
Email ID___________________________@______________

Co-applicant _______________________(if any)

Subject: Letter of Allotment of flat /Unit residential/commercial


premises in the Building no 2 of the project known as “SKY GALAXY”,
having situated at Yeranjad, Badlapur,Ambernath, Thane, whose MahaRERA
Registration No______________

Dear Sir(s)/Madam(s),

Hearty Congratulations!!!,

We are delighted to inform you as follows

1. Allotment of the Said Unit:

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 2 of 12
Draft of Allotment Letter 3/07/2025

This has reference to your request referred at the above subject. In


that regard, We have the pleasure to inform that you have been allotted a
___________ BHK flat bearing no. _____________ admeasuring RERA
Carpet area ___________ sq. mtrs equivalent to ______ sq. ft. situated
on ________ floor in Building No. 2 in the project known as SKY
GALAXY having MahaRERA Registration No. ___________,
hereinafter referred to as “the said unit”, being developed on land bearing
S. No. 71, Hissa No.1 lying and being at Yeranjad Village, Taluka-
Ambernath, Dist. Thane admeasuring3490.76 sq. mtrs. For a total
consideration of Rs. ____________ (Rupees _________________
____________________________ only) exclusive of GST, Stamp duty
and Registration Charges.

2. Allotment of garage/covered parking spaces(s):


Further I/we have the pleasure to inform you that you have been
allotted along with the said unit, garage(s) bearing Nos _____NA_____
admeasuring _____NA______ sq mtr equivalent to ____ NA______ sq
ft/covered parking space(s) at ____NA____ level basement/podium
bearing Nos __NA____ admeasuring ___NA___ sq ft/ mechanical car
parking unit bearing No(s) _____NA_____ admeasuring ______NA____
sq mtrs equivalent to _______NA______sq ft on the terms and
conditions as shall be enumerated in the agreement for sale to be entered
into between ourselves and yourselves.
OR
2. Allotment of open car parking :
Further I/We have the pleasure to inform you that you have been
allotted an open car parking bearing no ______NA_____ without
consideration.
3. Receipt of part consideration:

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 3 of 12
Draft of Allotment Letter 3/07/2025

I / We confirm to have received from you an amount of Rs.


_____________ (Rupees __________________________ only) being
_____ % of the total consideration value of the said unit as booking
amount / advance payment on ___________, through
________________.
OR
3. Receipt of part consideration:
a. You have requested us to consider payment of the booking
amount / advance payment in stages which request has been
accepted by us and accordingly I/We confirm to have received
from you and amount of Rs. ____________________ (Rupees
____________________________ only) being __________ % of
the total consideration value of the said unit as booking amount /
advance payment on ___________________, through
_______________. The Balance _________ % of the booking
amount / advance payment shall be paid by you in the following
manner.
a. Rs. ________________ (Rupees
________________________ only) on or
before _________________
b. Rs. _________________ (Rupees
__________________________ only) on or
before ________________
c. Rs. _________________ (Rupees
__________________________ only) on or
before ________________
d. Rs. _________________ (Rupees
__________________________ only) on or
before ________________

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 4 of 12
Draft of Allotment Letter 3/07/2025

Note: The total amount accepted under this clause


shall not be more than 10% of the cost of the said
unit.
b. If you fail to make the balance ____________% of the booking
amount / advance payment within the time period stipulated above
further action as stated in Clause 12 hereunder written shall be
taken by us as against you.
4. Disclosures of Information:
I / We have made vailable to you the following information namely:
i. The sanctioned plans, layout plans, along with
specifications, approved by the component authority are
displayed at the project site and has also been uploaded
on MahaRERA website.
ii. The stage wise time schedule of completion of the
project, including the provisions for civic infrastructure
like water, sanitation and electricity is s stated in
Annexure – A attached herewith and
iii. The website address of MahaRERA is
https://maharera.mahaonline.gov.in/#
5. Encumbrances:
I / We hereby confirm that the said unit is free from all
encumbrances and I / We hereby further confirm that no encumbrances
shall be created on the said unit.
6. Further Payments:
Further payments towards the consideration of the said unit as
well as of the garage(s)/covered car parking space(s) shall be made by
you, in the manner and at the times as well as on the terms and conditions
as more specifically enumerated / stated in the agreement for sale to be
entered into between ourselves and yourselves.
7. Possession:

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 5 of 12
Draft of Allotment Letter 3/07/2025

The said unit shall be handed over to you on or before______


of_______month 20___ year subject to the payment of the consideration
amount of the said unit in the manner and at the times as well as per the
terms and conditions as more specifically enumerated/stated in the
agreement for sale to be entered into between ourselves and yourselves.
8. Interest Payment:
In case of delay in making any payments, you shall be liable to
pay interest at the rate which shall be the State Bank of India highest
Marginal Cost of Lending Rate plus two percent.
9. Cancellation of Allotment:
i. In case you desire to cancel the booking an amount
mentioned in the table hereunder written* would be
deducted and the balance amount due and payable shall be
refunded by you without interest within 45 days from the
date of receipt of your letter requesting to cancel the said
booking.
Sr. No. If the letter Amount to be
requesting to deducted
cancel the booking
is received
1. within 15 days Nil
from issuance of
the allotment letter
2. within 16 to 30 1% of the cost of
days from issuance the said unit
of the allotment
letter
within 31 to 60 1.5% of the cost
days from issuance of the said unit
of the allotment

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 6 of 12
Draft of Allotment Letter 3/07/2025

letter
within 61 days 2 % of the cost of
from issuance of the said unit
the allotment letter
*The amount deducted shall not exceed the amount as
mentioned in the table above.
ii. In the event the amount due and payable referred in clause 9
(i) above is not refunded within 45 days from the date of
receipt of your letter requesting to cancel the said booking,
you shall be entitled to receive the balance amount with
interest calculated at the rate which shall be the State Bank
of India highest Marginal Cost of Lending Rate plus two
percent.
10.Other Payments:
You shall make the payment of GST, Stamp Duty and Registration
charges, as applicable and such other payments as more specifically
mentioned in the agreement for sale, the proforma whereof is enclosed
herewith in terms of Clause 11 hereunder written.
11.Proforma of the Agreement for Sale and binding effect:
The proforma of the agreement for sale to be entered into between
ourselves and yourselves is enclosed herewith for your ready reference.
Forwarding the proforma of the agreement for sale does not create a
binding obligation on the part of ourselves and yourselves until
compliance by yourselves of the mandate as stated in Clause 12.
12.Execution and Registration of the Agreement for Sale:
i. You shall execute the agreement for sale and appear for
registration of the same before the concerned SubRegistrar
within a period of 2 months from the date of issuance of this
letter or within such period as may be communicated to
you*. The said period of 2 months can be further extended
on our mutual understanding.

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 7 of 12
Draft of Allotment Letter 3/07/2025

* In the event the booking amount is collected in stages and


if the allottee fails to pay the subsequent stage installment,
the promoter shall serve upon the allottee a notice calling
upon the allottee to pay the subsequent stage installment
within 15 (fifteen) days which if not complied, the promoter
shall be entitled to cancel this allotment letter. On
cancellation of the allotment letter the promoter shall be
entitled to forfeit the amount paid by the allottee or such
amount as mentioned in the table enumerated in Clause 9
whichever is less. In no event the amount to be forfeited
shall exceed the amount mentioned in the above referred
table. Except for the above all the terms and conditions as
enumerated in this allotment letter shall be applicable even
for cases where booking amount is collected in stages.
ii. If you fail to execute the agreement for sale and appear for
registration of the same before the concerned SubRegistrar
within the stipulated period 2 months from the date of
issuance of this letter or within such period as may be
communicated to you, We shall be entitled to serve upon
you a notice calling upon you to execute the agreement for
sale and appear for registration of the same within 15
(fifteen) days, which if not complied, We shall be entitled to
cancel this allotment letter and further We shall be entitled
to forfeit an amount not exceeding 2% of the cost of the said
unit and the balance amount if any due and payable shall be
refunded without interest within 45 days from the date of
expiry of the notice period.
iii. In the event the balance amount due and payable referred in
Clause 12 (ii) above is not refunded within 45 days from the
date of expiry of the notice period, you shall be entitled to

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 8 of 12
Draft of Allotment Letter 3/07/2025

receive the balance amount with interest calculated at the


rate which shall be the State Bank of India highest Marginal
Cost of Lending Rate plus two percent.
13. Validity of Allotment Letter:
This allotment letter shall not be construed to limit your rights and
interest upon execution and registration of the agreement for sale between
ourselves and yourselves. Cancellation of allotment of the said thereafter, shall
be covered by the terms and conditions of the said registered document.
14.Headings:
Headings are inserted for convenience only and shall not affect
the construction of the various clauses of this allotment letter

Signature:___________________
Name: _____________________
Email Id: ______________@__________
Date: Place:

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 9 of 12
Draft of Allotment Letter 3/07/2025

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 10 of 12
Draft of Allotment Letter 3/07/2025

CONFIRMATION & ACKNOWLEDGEMENT

I / We have read and understand the contents of this allotment


letter and the Annexure. I / We hereby agree and accept the terms and
conditions as stipulated in this allotment letter.
Signature __________________ Name ___________
Date: Place:

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 11 of 12
Draft of Allotment Letter 3/07/2025

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee
Page 12 of 12
Draft of Allotment Letter 3/07/2025

ANNEXURE – A
Stage wise time schedule of completion of the project
Sr. No. Stages Date of Completion
1 Excavation
2 Basements (if any)
3 Podiums (if any)
4 Plinth
5 Stilt (if any)
6 Slabs of super structure
7 Internal walls, internal plaster, completion of floorings,
doors and windows
8 Sanitary electrical and water supply fittings within the
said units
9 Staircase, lifts wells and lobbies at each floor level
overhead and underground water tanks
10 External plumbing and external plaster, elevation,
completion of terraces with waterproofing.
11 Installation of lifts, water pumps, firefighting fittings and
equipment, electrical fittings, mechanical equipment,
finishing to entrance lobby/s, plinth protection, paving of
11 areas appurtenant to building / wing, compound wall
and all other requirements as may be required to complete
project as per specifications in agreement of sale, any
other activities.
12 Internal roads & footpaths, lighting
13 Water supply
14 Sewarage (chamber, lines, septic tank, STP)
15 Storm water drains
16 Treatment and disposal of sewage and sullage water
17 Solid waste management & disposal
18 Water conservation / rain water harvesting
19 Electrical meter room, sub-station, receiving station
20 Others

The terms and conditions (Page 1 to 10) of this Letter of Allotment have been read and understood
by me/us and I/we hereby accept the same

Atree Developers

_________________
Designated Partner Allottee

You might also like