Terms and Conditions
Documentation of an apartments comprises of two parts .
a) On allotment, two agreements will be executed between the builder and the purchaser, one for sale of undivided share in land and another one for construction of apartment. Though separate considerations are specified in each agreement, composite value of land construction will be shown in the payment schedule. Necessary citations to this effect are given in the agreements.
b) The sale deed of undivided share in land will be registered in favour of the purchaser on receipt of the entire payment and before handing over. Documentation charges and incidental expenses for the registration of the sale deed will be on the buyer's account.
Registration amount of Rs. 50,000/- to be paid on allotment. On finalization of booking, 15% of the cost to be paid. Balance in equal monthly installments.
Once allotted and agreement signed the PRICES ARE FIRM.
All payments by demand draft or by local cheques favouring Fort Builders (India) Pvt Ltd. Payable at Ernakulam.
Possession shall be given to the customer on settling full payments to the company.
Fort Builders (India) Pvt. Ltd reserve the right to accept or reject any application.
Deposits for township owner's association are to be paid by the buyer.
All transactions subject to Ernakulam Jurisdiction only.
Owner's Association / Trust will be formed on handing over possession of the land. Membership in the above Association / Trust is compulsory, not optional. The owner's association / trust will carry out all necessary routine and annual maintenance and repairs to common area of the township, common installation and fittings, payment of electrical and water charges for common installation and fittings, payment of electrical and water charges for common facilities and services. Maintenance charges/deposits are to be paid by each owner regularly and timely.
Fort Orion Apartments is a time bound project. In case payments are not made as per agreement signed the builder reserves the right to cancel the allotment, in which case the amount will be returned only after re allotment to another party and without any interest.
All measurements and specifications given elsewhere in this brochure are subject to minor variations without specific general notice. All such variations / alterations shall be purely at the discretion of the builders. The information contained herein does not form part of the contract and is subject to change. This brochure does not constitute a legal offer.