Terms & Conditions

Reservation:

Application for booking of apartments shall be made in the prescribed application form duly sighed by the applicant with down payment. The company has the right to accept or reject any application.

Allotment:

After receipt of the application, the applicant will be requested to confirm the booking by making the down payment within a specified period. Allotment is made generally on a “first come first serve basis”.

Allotment Transfer:

Until full payment of all installments is made and possession obtained, the buyer shall not transfer or sell the unit allotted to him/her to a third party.

Mode of Payment:

All payment shall be made by cross cheque, bank draft or pay order to NOKSHI PROPERTIES LTD. against which respective receipts will be issued. The company shall not take responsibility for any cash payment made without proper receipt.

Schedule of payment:

The buyer must strictly adhere to the installment schedule to ensure timely completion of the construction work.

Cancellation of Allotment:

Non-payment of installment beyond two months of the schedule date the company shall have the right to cancel the allotment.

Incidental Costs:

Connections fees, security deposit & incidental expenses/charges relating to gas, water, sewerage, power connection are not included in the price of the apartment. The buyers shall reimburse all the expenses incurred by the company on these when requested for.

Refund:

For any reason beyond the control of the company, acts of God or otherwise, the company if compelled to abandon the project, the buyer shall be refunded with all deposited money within 90 days, in such situations the buyer will not be entitled to claim any kind of compensations or interest on the money deposited.

Hand over:

The possession of each apartment and parking space shall be duly be handed over to the allotter on completion and full payment of the installments and other charges and dues. Prior to this the possession of the apartment will remain with the company.

Optional Features:

various interior designing and additional fixtures & fittings as per choice of owner/allotter may be done at cost basis after approval of the company.

Co-operative society:

Every flat owners must be member co-operative society, TK. 20,000/= (twenty thousand) to be deposited which will be transferred to the flat owners co-operative society fund at the time at the time of handing over the flat.

Note: Until full payment is made and possession obtained the buyer shall not do any extra work/modification work within the apartment complex on his or her own. The company has the right to make any minor changes or modification for betterment of the project.