Allotment Letter Draft
Allotment Letter Draft
Date:
To,
Mr./ Mrs./Ms. _ _ _ _ _ _ _ _ _ _ _ _
Mr./ Mrs./Ms. _ _ _ _ _ _ _ _ _ _ _ _
_____________________
_____________________
Confirmation of Allotment
Dear Sir/Madam,
We are pleased to inform you that we have considered your application and
hereby agree to allot to you the following tenement on certain terms and
conditions:
The payments of the consideration shall be made by you as per Annexure “1”
annexed hereto towards the said tenement.
1
We have also informed you that the proposed Building under construction is
sanctioned as Parking Floor plus _______.
Please note that at your request we shall allot to you Car Parking Space as
stated above for your exclusive use on first cum first basis, but which shall form
part and parcel of the common restricted areas and would be confirmed by the
ultimate organization of tenement purchasers in its meeting after its formation.
Please further note that only you shall not have any right, title or interest in the
said Premises till such time the necessary Agreement for Sale is executed and
registered. The Agreement should be executed within 30 days from the date of
this Confirmation, failing which the allotment made hereby shall automatically
stand cancelled and terminated and the cancellation terms shall apply and there
shall be no requirement for us to give you any written notice to that effect.
Please further note that issuance of this non transferable Allotment Letter to you
and that this Allotment Letter is not meant or be treated or deemed to be as an
Agreement contemplated under the provisions of Real Estate (Regulation and
Development) Act, 2016 and Maharashtra Real Estate (Regulation and
Development) (Recovery of Interest, Penalty, Compensation, Fine Payable,
Forms of Complaints and Appeal, etc.) Rules, 2017.
We have also furnished to you the floor plans and details of the specifications of
the said tenement and the proposed agreement to be entered into at the time of
booking and that you have no confusions whatsoever thereto and that would not
change the option confirmed by us on the date of booking.
Prior to returning the copy of this Confirmation Letter, we once again call upon
you to have yourself satisfied as regards the title and our rights to develop the
said project and marketability of title, nature of Agreement for Sale to be
executed, floor plans, specification and amenities and also the rules and
regulations regarding the project, which had already been explained to you in
detail.
Thanking You,
Yours faithfully.
for ____________
Proprietor
We confirm the aforesaid and accept the allotment of the said Premises and
payment plan and have understood the terms and conditions as setout in the
proposed Agreement.
Mr./Mrs._ _ _ _ _ _ _ _ _
Mr./Mrs._ _ _ _ _ _ _ _ _