Terms and Conditions
Terms and Conditions
SH Property values the privacy of our website visitors and customers. This Privacy Policy explains how we collect, use, protect, and manage your personal information when you visit our website or contact us regarding our real estate projects.
This Allotment Agreement Form is equivalent to the Sale Agreement of the allotted unit and forms a part of legal documents that can be produced before the Competent Legal Authority.
Dimensions and technical details stated in the accompanying Brochure/literature are approximate and subject to changes without prior notice.
The paid membership fee cannot be repaid but can be redeemed upon purchase of a unit in any other projects within 3 months’ time from signing this agreement.
The Allotee/s can swap allotment within 7 days after making the 2nd payment (excluding membership fee) and a property for the equivalent paid amount shall be allotted within available projects.
If the Allottee fails to follow the payment schedule, he/she is hereby required to pay 10% of the unit cost towards loss/ damages immediately failing which we are constrained to initiate appropriate legal action against you.
The allotment will be on a first come first serve basis and allotment/cancellation strictly adheres to the payment schedules. In case of any default/delay by Allotee/s in paying consideration deviation agreed payment schedule then 2% penal charges shall be levied & Promotional offers and discounts shall be cancelled or revoked. If any gifts or articles are offered to the Allotee/s, which cost, or its value shall be deducted.
For Customers pursuing Loan facility from Banks / Financial Institutions, kindly ensure to adhere to payment schedules and if not your allotment of products are subjected to change / cancellation, also promotional offers/discounts shall be cancelled.
As per our company policy if any cancellation is processed 10% of the total unit cost will be forfeited as liquidated damages.
Actual property maintenance/development charges shall be intimated only after registering the Units / Property which shall be paid on the day of Registration itself. Periodical compulsory maintenance charges shall be paid in advance on a half-yearly/Annual basis method.
Non-payment delay in remittance of compulsory maintenance charges is irreparable and the said owner is liable to pay all costs and damages incurred by the community. Such default may lead to natural & environmental damage also.
The Allotee/s Owner is well aware and understood by the developer/Company who shall plant trees within his/her property, and this is obviously decided by the owner that any yield from Plant’s/Tree’s harvest shall be sold to the developer itself for marginal cost.
The Allottee/s shall be liable to pay any new/additional taxes like GST, Cess or any other taxes, charges as and when demanded by the Government or statutory Authorities in respect of the allotted Unit.
The stamp duty, registration charges, Registration appointment charges and other incidental expenses towards Registration of Allotted Unit, shall be payable by the intending Allottee/s including any revision in charges from time to time by the Registering Authority