In consideration of GLS Realty Pvt. Ltd. ("the Company") processing my/our application for the purchase of [Apartment/Unit/Car Parking] in [Project Name], I/We hereby agree to the following terms and conditions:
1. AGREEMENT FOR SALE EXECUTION
I/We undertake to execute the Agreement for Sale within 15-30 days from the date of provisional booking confirmation, in accordance with the Company's policies.
2. PAYMENT OBLIGATIONS
I/We agree to make payments as per the Company's payment schedule. Overdue payments will incur interest at 18% per annum.
3. CANCELLATION POLICY
In the event of cancellation:
• Before agreement: 10% of the total consideration amount paid
• After agreement: 10% of the total consideration amount paid or Rs. 100/sq.ft, whichever is higher
4. INDEMNIFICATION
I/We indemnify the Company against any legal proceedings related to payments, cancellation, or other terms and conditions.
5. NOMINATION FEE
Any nomination is subject to Company approval, upon payment of 2% of the total consideration amount plus applicable service tax.
6. APPLICANT RIGHTS
This application does not confer any rights. The right to the apartment/unit/car parking is created upon Deed of Conveyance execution.
7. GOVERNING LAW AND JURISDICTION
Disputes, if any, shall be resolved through courts within Kolkata's jurisdiction.
8. TAX LIABILITY
I/We agree to pay all applicable taxes, existing or new, levied by the Government, in addition to the consideration amount.
9. COMMUNICATION CONSENT
I/We consent to receiving communications via WhatsApp, SMS, Phone, Email, etc.