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RDS Project Ltd.
 
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Terms & Conditions
  • Once allotted and agreement signed, the PRICES ARE FIRM.
  • Cost of Stamp Paper, Registration Charges, Legal and miscellaneous expenses in connection with the registration of undivided share in land are to be borne by the purchaser. In case any additional stamp duty is claimed by the registration department that also has to be borne by the Purchaser.
  • Other expenses to be borne by the client include all Local Tax, Service Tax, Tax on Work Contract or VAT, as applicable, Kerala Building Tax, Construction workers Welfare Fund, Provident Fund contributions or similar social security fund contribution, if any applicable or made applicable during the tendency of the contract or after its completion in relation to this project, other statutory payments in respect of the construction work carried out, KSEB Deposit and cabling charges as specified in the agreement, cost of transformer and generator (common), the charges for Extra-Works, if any, sinking fund and monthly maintenance advance/deposit.
  • The plans are not drawn to scale and are included only for the purpose of identification. The measurements shown in the plan are indicative and may vary. Furniture lay-out is only an indication for space utilization. The elevation shown in the brochure is artist's expression only and the actual may vary according to the practical site conditions. All measurements and specifications shown in the brochure are subject to minor variations without specific or general notice. All such variations/alterations shall be purely at the discretion of the Builders.
  • The area is inclusive of equal share of common areas and wall thickness.
  • Sanctioned Building Plans, title deeds and other related documents are available in our office for our reference.
  • Monthly maintenance expenses are to be shared among owners, as decided by the owners association, which include expenses for the maintenance of common area, common amenities/facilities provided, machinery/equipments provided for the common use and that of common lighting.
  • The maintenance will be carried out by the Builder till the formation of Owners Association, which will take over the maintenance. Maintenance charges are payable by the Owners. Membership in the association is compulsory and not optional. Maintenance Deposit/Advance for 12 months is collected from all the Owners by the Builder and after appropriating the expenses incurred by the Builder during the period the maintenance was done by them, the Builder shall transfer the balance amount to the Association after its formation.
  • Overseas clients should make their payments through proper banking channels.
  • All transactions are subject to Trivandrum Jurisdiction only.
  • This 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 refund to the client will be made only after re-allotting the unit to another party and such refund shall be without any interest and subject of deduction of expenses and damages.
  • Completion and delivery dates are indicated to give an idea of probable completion of the project. Every effort will be made to complete and handover the project within the stipulated time. The firm/Company is not responsible for any delay in obtaining water/electricity connection due to the delay with the concerned departments. However no responsibility will be accepted for any delay in completing the project due to unforeseen circumstances and to obtain service connections from statutory bodies due to reasons beyond the control of the Builder.
  • Documentation:-
    On allotment, two agreements will be executed between the Builder and the Client, one for Sale of undivided interest in the land and another for execution of a construction contract to build an apartment. Though separate considerations are specified in each agreement, the composite value of the undivided share in land and that of the construction contract will be shown in the payment schedule. Necessary citation to this effect is given in the agreements.
    The Sale Deed for the undivided share in land will be registered or caused to be registered in the name of the client by the Builder or the Land Owner, as the case may be, on receipt of the entire payment as per the agreements.
  • All payments should be by crossed demand drafts/local cheques payable at Trivandrum.
  • For delayed payments interest will be charged at the prevailing bank rates.
  • The Builder/Marketing Agent reserves the right to accept or reject any application without assigning any reason there to.
  • This Brochure is only for information and this does not constitute a legal offer/invitation to an offer.
  • All properties and interiors pictured in the brochure are for reference and not meant as any form of package on purchase.
 
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