The message for all buyers of Piyush Rosette Bhiwadi. Please refer your Buyer’s agreement. I found following discrepancies in Agreement for which company has not provided any satisfactory answer so far despite my follow-ups.
Would request other buyers to share their views on this.
Clause ‘E’ on Page2: The clause put the entire liability on Buyer to confirm and verify that the title of this property is clear and marketable. What it means, in case of any eventuality where Company failed to deliver the apartment, they can safely wash their hands. I believe the Registration of land in Company’s name (not PoA) and ‘No Encumbrance Certificate’ issued by competent and authorized government agency, should be checked.
Despite our repeated requests, so far we are not provided or shown the relevant approvals/documents/Title pertaining of said project.
Clause 4 on Page 3 refers to Annexure B for Basic Sale Price. While Annexure B has break-up of Installments (in percentages of Basic Price), it doesn’t have mention of Basic Sale Price itself.
Similarly, Clause 7 on Page 5 refers to Annexure B for PLC; however Annexure B is completely silent about this. Usually PLC is imposed on apartments/properties which are park facing, corner units, wider roads or based on floor. Hence this clause is especially important for those who fulfill these criteria.
So far we were verbally informed that there is ‘No PLC’ in this project. However, tomorrow if company changes the Basic Sale price or impose any PLC on back of no-mention in Buyer’s agreement (error or omission), they can safely impose it on us and we don’t have anything to defend this.
Want to know if any one has checked these documents or what is your opinion on this?
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