Chintels Metropolis, Sector-108 Gurgaon

Transcription

1 C I T Y Chintels Metropolis, Sector-108 Gurgaon A P P L I C A T I O N F O R M

2 APPLICATION FORM Date Sobha Limited 5th Floor, Rider House, Plot no. 136-P, Sector 44 Gurgaon Dear Sirs, I/We wish to register my/our expression of interest for the provisional allotment of an apartment no. having Super Builtup area admeasuring approx. square feet in the residential group housing project by the name of Sobha City, Chintels Metropolis, situated at Sector 108 in Village Babupur in Tehsil & District Gurgaon, Haryana (hereinafter referred to as the said Apartment ). As per the tentative Super Builtup Area (SBA), size and the Payment Plan opted by me/us,i/we am/are enclosing herewith Cheque/Draft/Pay order No. dated for ` (Rupees only)in favor of SOBHA LIMITED, payable at Gurgaon, which may be treated as part of the sale consideration for the said Apartment. I/We agree and understand that this application does not constitute any definitive allotment or Agreement to Sell and merely expresses the intent of the Company to allot the said Apartment and I/we do not become entitled to the final allotment of the said Apartment only by making this application. I/We are making this application with the full knowledge that the plans sanctioned by the competent authority for the building(s) in which the said Apartment applied for will be located are subject to change. I/We agree to execute all the documents in the standard format provided by the Company as and when necessary for the creation of rights and subsequent Allotment of the said Apartment and shall strictly adhere to all the terms and conditions stipulated by the Company from time to time. The said Apartment shall be deemed to be allotted to me/us only after I/we execute the Buyer s Agreement in the standard format provided by the Company after carefully understanding, agreeing and undertaking to abide by the terms and conditions laid down therein and the legal implications thereof and after understanding my/our obligations and liabilities and the obligations and liabilities of the Company as set forth in the Buyer s Agreement. I/We agree that the Allotment of said Apartment is at the sole discretion of the Company and in case the said Apartment is not allotted to me/us for any reason whatsoever, I/we shall not raise any objection or claim damages or challenge the same in a court of law and the amount deposited herein shall be refunded to me/us without any interest within 30(thirty) days from the date of notice regarding rejection of registration of Expression of Interest or allotment of the said Apartment, as the case may be. I/We agree that the allotment shall become final and binding upon the Company only after the execution Buyer s Agreement together with all the Annexures, together with the amounts due and payable as set forth in the Payment Plan.

3 APPLICANT DETAILS Application Date Apartment Number Super Builtup Area (sq.ft.) No. of Car Park(s) : Mr./Dr./Ms./Mrs. Father's /Husband's : Gender: Date of Birth (D.O.B.): PLEASE AFFIX YOUR PASSPORT SIZE PHOTOGRAPH Marital Status: No. of children: If Married, of Spouse Anniversary Date: Profession: Designation: Company /Firm : Professional Details Government Service Private Service Self Employed Professional Self Employed Businessman Others, please specify Tick One Industry: IT IT-ES/BPO/KPO Manufacturing Financial services Hospitality services Medical/Pharmaceutical Media/Entertainment Travel/Transport Retail Services Telecom Others, please specify Function Software Sales & Marketing HR/Administration Finance Production Legal Operations Others, please specify

4 Annual Income (per annum): Less than 5 Lacs 5-10 Lacs Lacs Lacs Lacs Lacs 50 Lacs & above Current Office Address: Pin Code: Tel: Mobile: Residential status: Resident/Non Resident/Foreign National/Person of Indian Origin: Income Tax Permanent Account No.: In case of Non-resident: Passport No.: (copy enclosed) Valid upto: In case of PIO, PIO Card No.: (copy enclosed) Valid upto: Bank Details in case of NRI/PIO of the Bank: Address of the Bank: Account Number: In case of a HUF/Partnership/Companies/Corporation/Society/Trust or other Legal entity - Registration No. if any (Furnish Certified copy of the Board Resolution, and the Memorandum & Articles of Association or Certified copy of the Resolution of the Governing Body/Managing Committee and the Bye Laws). Address for correspondence : City: State: Pin Code: Tel No: Fax No: Number of years in the current address/city Years and address of POA Holder (if any) Mode of Payment: Self Home loan Purpose of purchase: (a) Own Use (b) Investment/Resale Others I/We the undersigned Applicant (Sole/First and Co-Applicant), do hereby declare that the above-mentioned articulars/information given by me/us are irrevocable, true and correct to my/our knowledge and no material fact has been concealed therefrom.

5 CO-APPLICANT : Mr./Dr./Ms./Mrs. Father's/Husband's : Gender: Date of Birth (D.O.B.): PLEASE AFFIX YOUR PASSPORT SIZE PHOTOGRAPH Marital Status: No. of children: If Married, of Spouse Anniversary Date: Profession: Designation: Company /Firm : Professional Details Government Service Private Service Self Employed Professional Self Employed Businessman Others, please specify Tick One Industry: IT IT-ES/BPO/KPO Manufacturing Financial services Hospitality services Medical/Pharmaceutical Media/Entertainment Travel/Transport Retail Services Telecom Others, please specify Function: Software Sales & Marketing HR/Administration Finance Production Legal Operations Others, please specify Annual Income (per annum): Less than 5 Lacs 5-10 Lacs Lacs Lacs Lacs Lacs 50 Lacs & above Current Office Address: Pin Code: Tel: Mobile:

6 Residential status: Resident/Non Resident/Foreign National/Person of Indian Origin: Income Tax Permanent Account No.: In case of Non-resident: Passport No.: (copy enclosed) Valid upto: In case of PIO, PIO Card No.: (copy enclosed) Valid upto: Bank Details in case of NRI/PIO of the Bank: Address of the Bank: Account Number: In case of a HUF/Partnership/Companies/Corporation/Society/Trust or other Legal entity - Registration No. if any (Furnish Certified copy of the Board Resolution, and the Memorandum & Articles of Association or Certified copy of the Resolution of the Governing Body/Managing Committee and the Bye Laws). Address for correspondence : City: State: Pin Code: Tel No: Fax No: Number of years in the current address/city Years and address of POA Holder (if any) Mode of Payment: Self Home loan Purpose of purchase: (a) Own Use (b) Investment/Resale (c) Others I/We the undersigned Applicant (Sole/First and Co-Applicant), do hereby declare that the above-mentioned particulars/information given by me/us are irrevocable, true and correct to my/our knowledge and no material fact has been concealed therefrom.

7 PAYMENT DETAILS Booking Amount Drawee Bank name/rtgs Number Instrument number (s)/wire Transfer Number Date of Payment (DD/MM/YYYY) ADDITIONAL DETAIL 1 Source of funding for purchase of unit: Self Funding Home Loan 2 Purpose of purchase: Self use investment Payment to be in favor of Sobha Limited TAX DEDUCTION AT SOURCE (TDS) ON SALE OF IMMOVABLE PROPERTY The buyer of an immovable property other than agriculture land, paying consideration more than `50 lacs to a resident transferor, is liable to deduct 1% TDS under section 194IA of Income Tax Act. The buyer has to deposit TDS within 7 days from the end of the month in which tax is deducted. Further, TDS certificate (Form16B) has to be issued by the buyer to the seller of property in respect of the taxes deducted and deposited into the Government account. The Form 16B can be downloaded from the website of CPC-TDS i.e., The Company hereby gives an option that if the Applicant(s) has PAN number and authorizes us; the Company can remit and deposit with Income Tax Department in the name of the first applicant on behalf of Applicant(s.) Thereafter, the Company shall intimate to the Applicant(s) have to issue TDS certificate (Form 16B) within 10 days from the date of such intimation received from the Company. Mode of TDS payment: I will deposit TDS myself I authorize the Company to remit and deposit TDS on my behalf

8 TERMS AND CONDITIONS 1. This Application is made by the Applicant(s) for the provisional allotment of the said Apartment in the residential project being developed by M/s. Sobha Limited (Formerly Sobha Developers Limited), a company incorporated under the Companies Act, 1956 and having its registered office at Sarjapur-Marthahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bangalore , (hereinafter referred to as the Company ) in a Residential Group Housing Colony named as Sobha City, Chintels Metropolis, located in sector 108 in Village Babupur in Tehsil & District Gurgaon, Haryana (hereinafter called the "said Project"). The said Project is being developed under the Licence No. 107 of 2008 dtd. 27/05/2008 issued by Director, Town and Country Planning Government of Haryana ( DTCP ), in the name of M/s. Chintels India Ltd. and others. 2. This Application shall accompany self attested proof of identity, proof of address and copy of the PAN Card of the Applicant(s). If the application is in joint names, all the applicants need to sign the Application form. The Company reserves the right to refuse or allot the said Apartment to the Applicant(s). This application will be processed by the Company only after encashment of the Cheque / DD furnished by Applicant. 3. This Application shall accompany a booking amount by Draft / Cheque/NEFT/RTGS in favour of Sobha Limited, payable at Gurgaon, which will be retained by the Company free of interest. 4. That in the event of the Company accepting the Application and agreeing to provisionally allot the said Apartment, Applicant(s) agree to pay the Sale Price including all other charges/dues, and other Government levies /charges /taxes/cess as stipulated in this Application and as may be stipulated by the Company by payment request letter/demand letter(s)/buyer's Agreement. 5. That if for any reason, the Company is not in a position to confirm the provisional allotment of the said Apartment applied by Applicant within a period of 60 (sixty) days from the date of this Application, then the Company may refund the received amount by Cheque and send by registered post AD and thereafter, upon dispatch of such refund by the Company, this Application shall automatically stand cancelled and be unenforceable in any manner whatsoever and the applicant(s) shall be left with no right, title or interest in the provisional allotment of the said Apartment and having agreed to this condition, the applicant(s) agree not to raise any disputes or claims against the Company, in future. 6. The Applicant(s) shall be permitted to cancel the allotment any time before the execution of the Buyer s Agreement only in exceptional cases and for valid reasons to the satisfaction of the Company.The Company, at its sole discretion, and case to case basis may consider / approve the cancellation on request of the Applicant(s). Once the Applicant(s) has/have chosen to surrender the said Apartment allotted to him/them, charges of 15% (fifteen percent) of the Sale Price of the said Apartment shall be leviable and the interest accrued, administration charges if any at the time of cancellation. The Applicant(s) shall be liable to bear/pay all taxes, duties and statutory levies. The Company shall refund the monies and taxes paid by the Applicant (s) as per the relevant provisions of the relevant enactments on the date of cancellation without interest subject to forfeiture of following sums as detailed hereunder:- (i) (ii) (iii) application money or the actual amount paid, whichever is higher, subject to a maximum of 15% (fifteen percent) of the Sale Price; interest due in case of default, calculated till date of receipt of cancellation intimation; and, all taxes/cess paid. After cancellation of the provisional allotment of the said Apartment, the Company shall be entitled to re-allot/sell the said Apartment to any other person and on such terms and conditions as the Company deems fit and repay to the Applicant(s), the balance amount, if any, within 12 (twelve) weeks from the date of disposal/resale of the said Apartment to a third party, on completing the formalities for refund with the Company. 7. The Applicant(s) has/have made this Application for the provisional allotment of an apartment in the said Project with full knowledge of the said Project and subject to all the laws/notifications and rules applicable to this land in general and this said Project in particular, which have been clearly understood by the Applicant and duly explained by the Company in response to the queries raised and clarifications sought and replies given by the Company. 8. The Applicant(s) have satisfied himself/themselves about the interest and right of the Company in the land on which the apartments would

9 be constructed and has understood all limitations and obligations in respect thereof. The Applicant acknowledges that he has seen the relevant documents/papers and is fully satisfied that title of the Company on the land in which the said Project is being developed is marketable and that the Company has a right and authority to develop and promote the said Project on the land and to sell apartments to any party under the terms and conditions and bye-laws of DTCP, Haryana Urban Development Authority ( HUDA ) or any other competent authorities. The Applicant further accepts and agrees to abide by the terms and conditions of DTCP, HUDA and such other competent authorities. The Applicant(s) has /have further confirmed that he/they have considered all terms and conditions as set out in this application and have confirmed that in his/their opinion, the terms and condition set out in this application are fair and reasonable and binding upon the Applicant(s). 9. The Applicant(s) has clearly understood and agrees that the super builtup area has been defined in Buyer s Agreement and upon execution of the Buyer s Agreement, the definition of super builtup area stated therein, shall become binding on both the parties. 10. The Applicant(s) has/have inspected the location of the said Project and after having satisfied themselves with the location, signed and submitted this Application to the Company and has/have ascertained the location of the said Apartment provisionally allotted to him/them. The Company has provided all assistance in this regard to the Applicant (s) and also, all relevant documentation with regard to licenses, permissions, approvals etc. for the said Project were made available in the offices of the Company for perusal of the Applicant(s), if not perused earlier. 11. The Applicant(s) has/have understood the details and specifications of the said Project contained in the brochures provided by the Company and submitting this Application after satisfying himself/themselves and has/have accepted the plans, designs, specifications, which are tentative and subject to change. The Applicant (s) has/have understood that the layout(s), landscaping, pathways, connectors and building plans, specifications of the building(s)/complex and the amenities and the facilities and the said Apartment(s) as shown in the various booklets/inserts of the application form shall be subject to changes/ variations and may be changed, altered, amended, modified, revised, added, deleted, substituted or recast, as the Company may consider necessary or as directed by the competent authority and / or by the architect at any time even after sanction of the layout plans and the building plans for the said Project. The Applicant(s) hereby gives his/their express consent to such variations, additions, alterations and modifications therein. 12. The Company shall have the right to effect suitable necessary alterations in the layout plan of the said Project, if and when found necessary, which alterations may involve all or any of the following changes, namely change in the Apartment s location, dimensions or change in its area and to implement any or all of the above changes, supplementary agreement(s), if necessary, will be executed between the Company and Applicant (s). 13. The Applicant(s) has agreed and understood that no request for modification or change in the exterior facades and no internal structural changes of the said Apartment will be permitted. No reimbursement or deduction in the value of the said Apartment(s) shall be considered by the Company in case the Applicant (s) desire/s (with prior written approval/consent of the Company) to do some works/ install some different fittings/flooring etc. on his/her own in the said Apartment(s) 14. The Applicant(s) shall be solely responsible to obtain any requisite permission, if any, from appropriate authorities for the purchase of the said Apartment(s) and the Company shall not be responsible for the same. The Applicant(s) shall keep the Company informed about the status of the requisite permissions. Allotment is subject to the requisite permissions and if the same is refused at any point of time then, the amount paid towards booking and further consideration will be returned by the Company as per rules without interest and the allotment cancelled forthwith and the Company will not be liable in any manner on such account. The Applicant(s) shall cease to have any right title and or interest in the said Apartment. 15. The Applicant(s) agree(s) and understand(s) that the provisional allotment of the said Apartment made shall not be construed as sale or transfer under any applicable law. The title to the said Apartment hereby booked and/or said Apartment constructed thereupon shall be conveyed and transferred to the Applicant(s) only upon his/their fully discharging all the obligations undertaken by the Applicant(s) including payment of the entire Sale Price and other applicable charges/dues/taxes as mentioned herein this provisional allotment letter and/or Buyer's Agreement and only upon the registration of the conveyance/sale deed in his/their favour. 16. The Applicant shall pay the price of the said Apartment thereupon and other charges calculated on the basis of super builtup area of the said Apartment. The provisional allotment of the said Apartment is being made on Applicant's request. Some apartments attract preferential location charges, floor rise charges etc. which shall be paid by the Applicant(s) alone. Therefore, after the Applicant(s) has/have ascertained the location of his/their apartment on the location map in the office of the Company, should the Applicant(s) desire to change the location of the said Apartment allotted to him/them to that of a location not attracting preferential location charges, floor rise charges etc., the

10 Applicant(s) should make an application to the Company and the Company shall consider the application, in its sole and absolute discretion, within a reasonable time period. 17. The Applicant(s) shall pay directly, or if paid by the Company, then reimburse to the Company, on demand, Government rates, taxes or cesses, taxes of all and any kind by whatever name called, levy of proportionate development charges with regard to state/national highways, transport, irrigation facilities and power facilities etc., whether levied or leviable now or in future on the said Project or the said Apartment, as the case may be, as assessable/applicable from the date of application of the Applicant(s) and the same shall be exclusively borne and paid by the Applicant(s). 18. The Applicant(s) shall be responsible and liable to pay all taxes including VAT (under Haryana Value Added Tax), GST, service tax, Swachh Bharat Cess and any other similar tax as may be applicable, on transfer and sale of the said Apartment(s) by the Company to the Applicant(s). The Applicant(s) would also be liable to pay interest/penalty/loss incurred to the Company on account of Applicant s failure and/or delay to pay taxes/cess as mentioned above and/or such other levies, statutory charges etc. within 7 (seven) days of being called upon by the Company. 19. The Applicant(s) shall be liable to pay any taxes, levies, statutory charges imposed by appropriate authorities applicable to transfer and sale of the said Apartment(s) with retrospective effect, and if any recovery proceedings in consequence thereof are initiated. 20. The Applicant(s) shall, before obtaining possession of the said Apartment(s), pay the requisite amount of Haryana Value Added Tax, Service Tax if and any other tax (if applicable) or any other charges levied by statutory authorities by time to time for construction/sale of thesaid Apartment(s) to the Company. 21. In addition to the above, the Applicant(s) shall pay Goods and Services Tax (GST) upon effective introduction of GST in India in lieu of VAT and Service Tax by the Government of India, as may be applicable on the transaction of transfer and sale of the said Apartment(s) by the Company to the Applicant(s). 22. Charges related to electricity connection, water, sewerage, substation, electrification and other infrastructure etc. shall be separately charged by the Company at the time of possession. 23. Service charge for legal documentation, legal charge/expense, expenses towards registration of conveyance/sale deed, expenses towards electricity meter transfer and other related work are yet to be ascertained. These charges shall be separately charged by the Company. 24. In case of any upward revision of External Development Charges ( EDC ), or Infrastructure Development Charges ( IDC ) and related charged paid and applicable to the said Project thereof by the Government agencies in future, the same shall also be recovered from the Applicant(s) on pro-rata basis. The proportionate amount of the EDC, IDC and all statutory and non-statutory charges levied by DTCP, Government of Haryana shall be payable by the Applicant(s) over and above the Sale Price payable by the Applicant(s) for the said Apartment. 25. The Applicant(s) agree(s), understand(s) and acknowledge(s) that time shall be the essence with respect to the Applicant(s)' obligations to pay the Sale Price and other amounts as provided in the Payment Plan alongwith other payments such as applicable stamp duty, taxes, cess, registration fee and other charges that will be more specifically stipulated in the Agreement to be paid on or before due date or as and when demanded by the Company, as the case may be, and also to perform or observe all the other obligations of the Applicant(s) under the Buyer's Agreement. The Applicant(s) shall be liable and obliged to comply with the terms of the Payment Plan and/or other terms and conditions of this Agreement notwithstanding execution of the agreements to be executed between the Company and the Applicant(s) or sanction of home loan etc. It is clearly agreed and understood by the Applicant(s) that it shall not be obligatory on part of the Company to send demand notices/reminders regarding the payments to be made by the Applicant(s) as per the Payment Plan or obligations to be performed by the Applicant(s). In case of any delay or default in making payment of the installments, the Company shall charge interest from the due date as per the schedule given below: S. No. Delayed Period Interest 1 First 60 days from due date 15% p.a. 2 From 60 days to 120 days of delay 18% p.a.

11 In case there is a delay beyond 120 days, the Company shall send a written notice and in case the outstanding amounts are not paid within 15 (fifteen) days of the date of such notice or period mentioned in the notice, the Company shall have the right to terminate the allotment or the agreements executed in pursuance hereof and forfeit the earnest money and recover such other amount, as may be decided at that time. However, the Company may, in its sole discretion, waive its right to terminate the allotment or the agreements, and enforce all the payments and seek specific performance of the Buyer's Agreement. In such case, the possession of the said Apartment will be handed over to the Applicant(s) only upon the payment of all outstanding dues, penalties etc., alongwith interest by the Applicant(s), if any, to the satisfaction of the Company. 26. The Applicant(s) agree(s) to execute the Buyer's Agreement within a stipulated period of 30 (thirty) days from the date of dispatch thereof. The Applicant(s) hereby confirm(s) that he/they has/have inspected the proforma of the Buyers Agreement made available by the Company for the said Apartment to him/them and the terms and conditions specified in the Buyer's Agreement are deemed to have been accepted by the Applicant(s). Out of the amount(s) paid/payable by the Applicant(s) towards the Sale Price, the Company shall treat 15% (fifteen percent) of the Sale Price as earnest money ( Earnest Money ) to ensure fulfillment, by the Applicant(s) of the terms and conditions as contained herein and contained in the Buyer's Agreement. In case the Applicant(s) fail(s) to execute the Buyer's Agreement for a period of 30 (thirty) days from the date of dispatch thereof, then the Company shall, at its option, be entitled to treat this provisional allotment as cancelled and forfeit/recover the Earnest Money and the interest accrued, administration charges, if any, at the time of cancellation. The Applicant(s) hereby authorize(s) the Company to forfeit the Earnest Money alongwith the interest paid, due or payable alongwith any other amounts of non-refundable nature, in case of nonfulfillment of the terms and conditions herein contained and those of the Buyer's Agreement as also in the event of failure by the Applicant(s) to sign and return to the Company within the prescribed time as mentioned above. The Applicant(s) shall be liable to pay all taxes, duties and statutory levies of whatsoever nature and that the taxes, duties and statutory levies paid by the Applicant(s) cannot be refunded by the Company. After cancellation of the provisional allotment of the said Apartment, the Company shall be entitled to re-allot the said Apartmentto any other person and on such terms and conditions as the Company deems fit and repay to the Applicant(s), the balance amount, if any, within 12 (twelve) weeks from the date of disposal/resale of the said Apartment to a third party, on completing the formalities for refund with the Company. 27. Earmarking of specific parking space(s) will be done at the time of giving possession of the said Apartment. Each allotted parking space will entitle the Applicant(s) the right to park only one vehicle. In case of transfer of the said Apartment(s), the right to use the parking space shall be automatically transferred along with the said Apartment(s). The right to use the parking space under no circumstances is separately transferable. This right to use parking apace(s) shall not confer upon the Applicant (s) any right of ownership of the space on which such parking facility is provided. Un-allotted parking space(s), if any, shall continue to remain the property and in possession of the Company. It shall be the discretion of the Company to allot/use these un-allotted parking spaces, as it may decide at its sole discretion. Additional covered car parking facility will be provided in the said Project in parking basement/podium/stilt, subject to availability. It comprises of basement/podium and stilt parking at designated locations. However, the open car parking may not be allotted. Additional parking spaces will be allotted as per the scheme of the Company and as per the Payment Plan decided by the Company. 28. The Company shall make all efforts to handover possession of the said Apartment thereupon within 48(forty eight) months but not later than a maximum period of 60(sixty) months from the date of signing of Buyer's Agreement, subject to certain limitations as provided in Buyer's Agreement and the timely compliance of the provisions of the Buyer's Agreement by the Applicant(s). 29. In the event of the failure of the Applicant(s) to take the possession of the said Apartment upon being intimated about the same by the Company and in the manner as specifically described in the Buyer's Agreement, the Company shall have the option to cancel his/their allotment and avail of the remedies as stipulated in the Buyer's Agreement or the Company may, without prejudice to its rights under any of the clauses of the Buyer's Agreement and at its sole discretion, decide to condone the delay by the Applicant(s) in taking over the said Apartment in the manner as stipulated in the terms & conditions of the Buyer's Agreement on the terms and conditions in the Buyer s Agreement. The charges applicable for the delay in taking over the said Apartment will be recorded in the Buyer s Agreement. It is made clear and the Applicant(s) agree(s) that the holding charges as stipulated in this case shall be a distinct charge not related to and shall be in addition to maintenance charges or any other outgoing cess, taxes, levies etc., which shall be separately payable at the risk, responsibility and cost of the Applicant(s).

12 30. The Applicant(s) shall pay, as and when demanded by the Company, the stamp duty, registration charges and all other incidental and legal expenses for execution and registration of the conveyance/sale deed of the said Apartment in favour of the Applicant(s), which shall be executed and registered only upon receipt of the full Sale Price, other dues and the said charges and expenses, as may be payable or demanded from the Applicant(s) in respect of the said Apartment allotted to him/them. 31. The Applicant(s) undertake(s) that he/they shall become the member of association/society of the applicants, as may be formed by the Company, and shall pay the fees, subscription charges thereof and shall also complete such documentation and formalities, as may be required by the Company for this purpose as and when the association is formed. 32. The Applicant(s) hereby authorize(s) and permit(s) the Company to raise finance/loan from any financial institution/ bank by way of mortgage/charge/securitization of the allotted apartment/said Apartment or the receivables, if any, accruing or likely to accrue therefrom, subject to the apartment/said Apartment being made free of any encumbrances at the time of execution of the conveyance/sale deed in favour of the Applicant(s) or his nominee. The Company/financial institution/bank shall always have the first lien/charge on the for all its dues and other sums payable by the Applicant(s) or in respect of the loan granted for the purpose of the development of the said Project. In case of the Applicant(s), who has/have opted for long-term Payment Plan arrangement with any financial institutions/banks, the conveyance/ sale deed of the said Apartment in favour of the Applicant(s) shall be executed only upon the Company receiving No Objection Certificate (NOC) from such financial institutions/banks. 33. The Applicant(s) shall pay, from time to time, and at all times, the amounts, which the Applicant(s) is liable to pay as agreed and to observe and perform all the covenants and conditions of application for sale and to keep the Company and its agents and representatives, estate and effects, indemnified and harmless against the said payments and observance and performance of the said covenants and conditions and also against any loss or damages that the Company may suffer as a result of non-payment, non-observance or non-performance of the said covenants and conditions by the Applicant(s). 34. In respect of all remittances, acquisition/transfer of the said Apartment, it shall be the sole responsibility of non-resident/foreign national/person of Indian origin to comply with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the rules and regulations of the Reserve Bank of India or any other applicable law and provide the Company with such permissions and approvals which would enable the Company to fulfill its obligations under the Buyer's Agreement. Any refund, transfer of security if provided in terms of the Buyer's Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and the rules and regulations of the Reserve Bank of India or any other applicable law. In the event of any failure on the Applicant/Applicants part to comply with the prevailing exchange control guidelines issued by the Reserve Bank of India, he/they shall be solely liable for any action that may be taken by the competent authorities in this regard. The Company accepts no responsibility in this regard and the Applicant(s) shall keep the Company fully indemnified for any harm or injury caused to it for any reason whatsoever in this regard. The Applicant(s) shall also furnish the required declaration to the Company in the prescribed format, if necessary. All refunds to the Non-Resident Indians (NRI) and Persons of Indian Origin (PIO), if any, shall, however, be made in Indian Rupees. In case any such permission if ever refused or subsequently found lacking by any statutory authority, the amount paid towards booking and further consideration will be returned by the Company as per its rules and policies without interest and the allotment cancelled forthwith and the Company will not be liable in any manner on such account. 35. In case of joint applicants, all communication shall be sent to the Applicant, whose name appears first and all the addresses given by him/them, which shall for the purposes be considered as served on all the Applicants and it shall not be necessary to send any separate communication to the other named Applicant(s). 36. The Applicant(s) shall inform the Company in writing of any change in the mailing address mentioned in, failing which all demands, notices etc. by the Company shall be mailed to the address given in the application and shall be deemed to have been received by the Applicant(s). 37. The Company may, at its sole discretion, decide not to allot any or all apartments to anybody or altogether decide to put at abeyance, the said Project itself for which the Applicant(s) shall not raise any dispute or claim any right, title or interest on the acceptance of the application and for the initial token/booking money having been received by the Company with the application from the Applicant(s). Further, the provisional and/or final allotment of the said Apartment is entirely at the discretion of the Company and the Company has a right to reject any provisional and/or final allotment without assigning any reasons thereof. Due to any operation of law or any statutory order or otherwise, for any reason whatsoever, as may be decided by the Company, if a portion of the said Project or the whole of the said Project is discontinued or truncated, then, the Applicant(s)affected by such abandonment or discontinuation or truncation will have no right of compensation from the Company. The Applicant(s) agree(s) that in case the Company decides not to go ahead with the said Project for any

13 reason whatsoever, such decision of the Company shall be final and binding and cannot be disputed. However, the Company shall refund the amount paid by the Applicant(s) without any interest however, subject to deductions of taxes paid by the Applicant(s) as per the relevant provisions of the relevant enactments on the date of discontinuation of the scheme within 12 (twelve) months from the date of such abandonment/discontinuation/truncation and the Company shall not be liable for payment of any compensation on this account whatsoever. 38. If for any reason(s), the Company is not in a position to allot the said Apartment(s) applied for, due to revision of the building plans or for any reasons whatsoever beyond the control of the Company, the Company shall refund only the actual amount paid, without any interest and the Company shall not be liable for payment of any compensation on this account whatsoever. 39. The provisional allotment of the said Apartment shall be subject to force majeure which, inter alia, includes delay on account of nonavailability of the steel and/or cement and/or other building materials, water supply or electric power or slow down strike or due to a dispute with the construction agency employed by the Company, civil commotion or by reasons of war, enemy action, earthquake or any act of God. If there is any delay in the delivery of possession of the said Apartment or the Company is unable to deliver possession of the said Apartment due to a force majeure event or due to any notice, order, rule or notification of the Central or State Government and/or any other public or competent authority or for any other reason beyond the control of the Company, it shall be entitled to a reasonable extension of the time for delivery of possession of the said Apartment. 40. The Applicant(s) agree(s) and understand(s) that if due to any force majeure conditions more specifically defined in the Buyer's Agreement, the whole or part of the said Project is abandoned or abnormally delayed, the Applicant(s) shall not be entitled to prefer any claim whatsoever except that the Company shall on demand refund the Applicant(s)' paid money. 41. The Applicant(s) shall not sell, transfer, assign or part with his/their right, title, or interest, in the said Apartment or any portion thereof, prior to payment of 30% (thirty) of the Sale Price and also fully paying all the dues as raised by the demand letter issued by the Company as well as other statutory charges, as applicable. The Applicant(s) shall be entitled to get the name of his/their nominee substituted in his/their place with the prior approval of the Company, which may, at its sole discretion, permit the same on such conditions as it may deem fit. The Applicant(s) shall pay to the Company, transfer charges as applicable from time to time for the purpose of such substitution. Transfer 50 per sq. ft. of Super Builtup Area for the first transfer, Rs. 100 per sq. ft. of Super Builtup Area for the second transfer and Rs. 200 per sq. ft.of Super Built up Area for subsequent transfers shall be payable to the Company by the transferor. 42. The Applicant(s) has/have confirmed and assured the Company that prior to making the application, he/they has/have read and understood the Haryana Apartment Ownership Act, 1983 and its implications thereof in relation to the various terms and conditions of the application/provisional allotment and the Applicant(s) has/have further confirmed that he/they is/are in full agreement with the provisions of this Agreement in relation to Haryana Apartment Ownership Act, 1983 and shall comply, as and when applicable and from time to time, with the provisions of Haryana Apartment Ownership Act, 1983 or any statutory amendments or modifications thereof or the provisions of any other law(s) dealing with the matter. If the said Apartment and the building in which it is located be subject to Haryana Apartment Ownership Act, 1983 or any statutory enactments or modifications thereof, the common areas and facilities and the undivided interest of each apartment owner in the common areas and facilities as specified by the Company in the declaration which may be filed by the Company in compliance of Haryana Apartment Ownership Act, 1983 shall be conclusive and binding upon the apartment owners and the Applicant(s) agree and confirm that his/their right, title and interest in the said Apartment/ said building/ said Project shall be limited to and governed by what is specified by the Company in the said declaration, and in no manner shall confer any right, title or interest in any lands, facilities, recreational and sporting activities including cricket ground and tennis etc. amenities and buildings outside the land beneath the said building in which the said Apartment is located. It is made clear that the Company shall be the sole owner of the said lands, facilities, other recreational and sporting activities including cricket ground and tennis, amenities and buildings outside the land beneath the said building in which the said Apartment is located and the Company shall be entitled to sell, transfer, part with possession thereof or otherwise dispose of the same to any one and in any manner at its sole discretion and the Applicant(s) shall have no claim whatsoever of any sort therein. The Applicant(s) undertake to join any society/association of the apartment owners and to pay any fees, charges thereof and complete such documentation and formalities, as may be deemed necessary by the Company in its sole discretion for this purpose. 43. The Applicant confirms and acknowledges that upon handing over of the possession of the said Apartment, the Applicant shall be solely responsible and liable for violations, if any, of the provisions of the law of the land and applicable rules, regulations or directions by the concerned statutory /governmental authorities and that the Applicant shall indemnify the Company for any liability and/or penalty in that behalf.

14 44. The Applicant(s) agree(s) and understand(s) that the terms and conditions of the provisional allotment of the said Apartment may be modified/amended in accordance with any change in applicable laws (whether by amendment, modification or re-enactment of any existing law or enactment of any new law) or any applicable directions/orders, which may be passed by any Court of law, Tribunal or Commission and the Applicant(s) agree(s) to execute the necessary documents, if necessary, in accordance with such final directions/orders and, thereupon, the provisional allotment would be deemed to have been made in such modified form. 45. That for all intents and purposes and for the purpose of the terms and conditions set out herein, singular includes plural and masculine includes the feminine gender. 46. The terms and conditions contained here shall be deemed to form part of the Application by the Applicant(s) and the allotment shall be strictly subject to these Terms and Conditions. All designs, measurements, specifications mentioned and stated herein are tentative and subject to changes. However, the terms and conditions herein above are only indicative to enable the Applicant(s) acquaint him/themselves with the terms and conditions as are comprehensively set out in the Buyer's Agreement which, upon execution, shall supersede the terms and conditions set out herein. The Applicant(s) hereby also covenants to observe and perform all the terms and conditions of the booking, and /or allotment and/ or the Buyer s Agreement and/ or conveyance deed, to keep the Company and its agents and representatives, estates and effects indemnified and harmless against the said payments and observance and performance of the said terms and conditions and also against any loss or damages that the Company may suffer as a result of non-payment, nonobservance, or non-performance of the terms and conditions mentioned herein and/or Buyer s Agreement and/or conveyance deed by the Applicant(s). 47. The Applicant(s) agrees and undertakes to abide by any such terms and conditions which may be notified, published, enacted by DTCP or HUDA or any other statutory or governmental body pertaining to the development, regulation and maintenance of the said Project. 48. All or any dispute arising out of or touching upon or in relation to the terms of this allotment letter or its termination, including the interpretation and validity thereof and the respective rights and obligations of the Parties shall be settled amicably by mutual discussion, failing which the same shall be settled through arbitration to be carried out by sole arbitrator appointed by the Company. The Applicant(s) hereby confirm(s) that he shall have no-objection to such appointment. The arbitration proceedings shall be governed by the Arbitration & Conciliation Act, 1996, or any statutory amendments, modifications or re-enactment thereof for the time being in force. The arbitration proceedings shall be carried out at Gurgaon only. 49. The Courts at Gurgaon shall, to the specific exclusion of all other courts, alone have the exclusive jurisdiction in all matters arising out of/touching and/or concerning this allotment, regardless of the place of execution or subject matter of this allotment. I/we have fully read and understood the above-mentioned terms and conditions and agree to abide by the same.

15 REQUIRED DOCUMENTATION (SELF ATTESTED COPIES) Identification proof (copy of valid passport, drivers license, Permanent Account Number (PAN) card) - circle the one that is submitted. Address proof (copy of valid passport, electricity bill, telephone bill). DECLARATION I/we the undersigned applicant(s) (first and second applicant), do hereby declare, that the above mentioned particulars/information given by me/us are irrevocable, true and correct to my/our knowledge and no material fact has been concealed there from. I/we have gone through the terms and conditions written in this application form and accept the same and which shall ipso-facto be applicable to my/our legal heirs and successors. I/we declare that incase of nonallotment of the applied unit, my/our claim shall be limited only to the extent of amount paid by me/us in relation to this application form. Date Place (DD/MM/YYYY) (DD/MM/YYYY) REGISTERED OFFICE Sarjapur-Marthahalli Outer Ring Road (ORR), Devarabisanahalli, Bellandur Post, Bangalore SOBHA LIMITED (Formerly Sobha Developers Ltd.) REGIONAL OFFICE: NORTH INDIA Sobha Limited 5th Floor, Rider House, Plot no 136-P, Sector 44, Gurgaon Haryana

16 AUTHORIZATION LETTER Date To Sobha Limited Sobha Corporate Office, Devarabisanahalli, Sarjapur-Marathahalli Outer Ring Road, Bangalore Dear Sir / Madam Sub: Authorizing Sobha Limited (Formerly Sobha Developers Ltd.) to pay 1% TDS to Government towards the payment made on/after 1st June, 2013, for the Unit no. in Sobha City, Sector-108, Gurgaon, Haryana. With reference to the above subject, I/ We agree to pay 100% payment to Sobha Limited and on realization of the instrument; Sobha Limited can make the TDS payment of 1% to the Government on my/our behalf. I/ We hereby authorize Sobha Limited to this effect and accept that Sobha Limited s responsibility is limited to the extent of making the payment of 1% TDS to the Government, and there will not be any other interpretation by me/us other than making such TDS payment(s) on my/our behalf. I/We confirm that the total consideration of the property is more than 50 Lac. Please remit the TDS payment using PAN of the First Applicant Thanks & Regards

17 OFFICE ADDRESS Sobha Limited (Formerly Sobha Developers Ltd.) 5th Floor, Rider House, Plot No 136-P Sector 44, Gurgaon , Haryana SITE ADDRESS Sobha City Chintels Metropolis Sector 108, Gurgaon C I T Y Chintels Metropolis, Sector-108 Gurgaon