Booking Form:

Under Construction Properties

To,
National Real Estate Development Council
NAREDCO West Foundation, Mumbai

We are delighted that an Industry initiative has been taken to assist the Real Estate Developers in
marketing – Under Construction Inventory in the form of the First National Online Real Estate Sale –
A Festival of Property & Prosperity 2020
We confirm our interest in participation. Our details are as below:

Name of the Group / Brand:

Address:
City: State: PIN: [ ][ ][ ][ ][ ][ ]
Tel No. E-mail:
Company Website:
NAREDCO Membership No:
CREDAI Membership No: Non – Member: [ ]
Other Association’s Name: Registration No:

Name of the Project / City No. of Units for Sale BCC/CC

RERA Registration No. Received
1BHK 2BHK 3BHK
1.

2.

3.

4.

TOTAL

*It is Mandatory for all projects to mention the RERA Registration Number.
Mandatory (A) For Participation (ALL):
(RATE CARD: DEVELOPER ONBOARDING & COST TO DEVELOPER)

Sr. No. Category (Value Wise**) Up to 45 Lac 46 Lac to 1 Cr Above 1 Cr

1 Project Listing (Per Project) 75000 100000 150000
*18% GST additional as applicable *2 projects 10%, 3 projects 20%, 4 and more projects: 30% discount
Project Listing Category Criteria:
a) Project category is defined as per the majority of units/values bracket as per the above table.
Post Sale Fee per Transaction:
a) 0.5% of Sale value as Transaction fee per sale to NAREDCO.
b) 1% of Sale value as E- commerce (Cashback) voucher to Customer.
c) 2% of Sale value as Brokerage payable in case of the deal through broker or Channel Partner.

Mandatory (B): Any One of the below that would have to be offered to every Customer who books:
(OPTION OF OFFERS TO CUSTOMER BY DEVELOPER) Tick Any One
Offer Any 1 of this to the Buyer with every flat purchased Selected Offer
Sr. No. Offer
1 One Year Maintenance Free
2 One Year EMI waiver
3 No Registration Charges
4 No Stamp Duty
5 Complimentary Club Membership
6 Complimentary Property Insurance
7 Any other Offer Developer Wants to Run

Mandatory (C): Applicable only for Non-Members:

(MANDATORY FEE FOR NON MEMBER) INR 25,000
[ ] Tick if you are not a Member of NAREDCO, MCHI-CREDAI, CII, FICCI, ASSOCHAM, any other
industry associations.
(CO-OPERATIVE & COLLABORATIVE MARKETING EFFORT)
1. Provide Hoarding Sites
2. Voluntary Marketing to Customer / Prospect base / Website Road blocks
3. Encourage Channel Partner during the Sale
1. Every Real Estate Developer who participates is requested for 2 Hoarding Sites per Project listed, in the City
where projects are located as publicity for the Online Sale. A pre designed template (30:70 for Developer and
Online Sale) would be given and the Real Estate Developer would get the flex printed and mounted.
2. The Developer would do voluntary marketing of the online sale through email, SMS/WhatsApp and website
road block to augment the marketing efforts.
3. If any leads are uploaded by a Property Consultant and the transaction is mediated through him/her. The
Real Estate Developer would commit to give 2% Brokerage to the particular registered Real Estate Consultant.

PAYMENT DETAILS: All payments in favor of, ‘NAREDCO WEST FOUNDATION’ Payable at Mumbai to
be sent at the address: NAREDCO West Foundation, C Block, Shah and Shah Associates, Sachin
Tendulkar Stand, D-Road, Churchgate, Mumbai 400020, Maharashtra.

RTGS Details: ICICI Bank, A/C No. – 032401002634, IFSC Code - ICIC0000324
Branch Address - Nhava House, M.K.Road, Marine Lines, Mumbai – 400002.
 (BEST EFFORT, PRICE & GUARANTEES)
(Offer Best Price for the buyers + Subscribe to the Assurance )
1. I/ We understand and appreciate that this effort is an industry wide effort as proposed by
Ministry of Housing, Govt of India. It is a joint & collaborative effort by all stake holders to create
positive momentum for the benefit of all real estate Developers and stake holders. Transparency and
offers are created to instill faith in the consumer.
2. We also understand that the participation cost is kept as low as possible to help in reducing
the marketing expense for the developers.
3. We understand that all stake holders such as the Associations, Developers, Banks and
Sponsors are pooling in together to give the best of the offer to the buyers to encourage Sales for the
Developers. We adhere the best price guarantee offered on this SALE period.
4. In order to create maximum sale for ourselves and the industry, we are willing to give the best
of the offer, for best sale results (limited only for this sale period)
5. We agree that the price given on the portal during this SALE Period will be offered Best price
with a best price match guarantee. *
6. We agree that the units offered for sale in this platform will be updated on a real time basis
during the SALE period.
7. In order to create confidence and trust in the Developers by customers, we agree on that the
Assurance given to the customers who buy in this Sale period. Developer shall abide by the Dispute
Resolution Committee (Constituted from NAREDCO + Other Industry Bodies)
8. The Customer Sign in Discount voucher for verified log in and prospective buyers is the cost
of the e-commerce portal and the Developer need not to pay for this.
9. The Lucky draw will be conducted, also; winner prizes will be given on the cost by NAREDCO.

(CONFORMATION & ACCEPTANCE)

We agree to abide by the Terms & Conditions of the online Sale. Same is reaffirmed by signing the
Terms & Conditions separately. I / We submit that all information submitted here are true and factual.
Developer Organisation:

Director/ Proprietor / Partner:

Name of the Contact Person:

(Head Of Sales)
Designation:

Mobile No:

Contact No:

E-mail id:

Signature & Company Seal:

 Terms & Conditions:
1. The Online Sale Expo is meant for Under Construction Properties with RERA Registered
Projects (with RERA Certificate) for Construction Properties located anywhere in India.
2. All Developers (Members of any Association such as NAREDCO, CREDAI- MCHI, BAI and other
Associations or non-members can participate). RERA Registered projects with OC or BCC
applied/ Commencement Certificate, may also participate by submitting relevant documents.
3. The Developer agrees that he/she shall display all information in a transparent manner for a
buyer to book online with or without visiting the property and shall not withhold any
information from the buyer.
4. The Developer agrees not to levy any charges or cost to the buyer other than what is listed on
the platform, to ensure 100% Transparency and to promote Faith in the Developers by buyers.
5. Offers by Developer can be project specific or even unit specific but must be mentioned in the
system for buyers to know and understand and book.
6. The Developer agrees that he will not be able to increase the price for any unit or project listed
for sale until end of the official Sale period.
7. The Developer agrees to update the inventory on the system on real time basis if the unit is
blocked or sold, before or during the Sale period.
8. The Developer agrees to pay in advance, the one-time Project Listing Fee as per the Chart (Per
RERA Registered project) for each project listed.
9. The Developer agrees to pay, the Transaction Fee as per the Chart (Per Unit) per Sale during
this event or within 7 days of Registration of the Property.
10. The Developer agrees to pay, the Voucher Amount (or cashback to customer) as per the Chart
(Per Unit sold) during this event or after immediately to facilitate the same be transferred to
the buyer.
11. The Developer agrees to offer one of the optional offers mentioned in the Chart above for
every purchase.
12. In case the Channel partners also participate by bringing leads and walk-ins and require their
customers to get the platform benefit, then the Broker/ CP will be eligible for overall 2% as
commission which shall be paid by the Developer.
13. The Benefits listed for the buyer are available only if the Sale is facilitated through this e-
commerce portal.
14. The Developer agrees that the booking amount paid on line by the prospective buyer shall be
kept in an account by NAREDCO until the transaction is completed by the prospective buyer
or withdrawn by the prospective buyer and then either refunded to the prospective buyer in
case of cancellation or credited to the developer in case of confirmation.
15. The Developer agrees to encourage prospective buyers to book through this platform to
promote the industry and the sentiments, which helps to instill a sense of confidence in the
buyers about the Developers and their delivery.
16. The Developer agrees not to discourage buyers from booking through the platform, by
offering discounts in lieu of the benefits to the buyers offered through this Sale, which will be
considered a breach of integrity by the Developer, since this will go against the principle of
transparency that the Industry bodies and Government is trying to advocate.
17. The Developer agrees to update any or all sales done through this event promptly and in the
event, he omits any sale and the customer updates the platform to claim benefit, the same
shall be construed as Sale done in this event and all rules shall be applicable to the Developer
and the same shall be complied with.
18. The Home Loan by Banks / HFIs availed for sale during this event may include a cash back of
0.4% (or as offered by the bank) to the borrower. In case, there is any agreement between
the Developer and Banks, then the same shall not be applicable to the Developer from the
Bank / HFI on these units (restricted to the units sold in this sale only)
 19. The Developer agrees to take actual picture and a video and upload the same on the platform
to enable buyers to get a view of the actual property being sold.
20. The Developer agrees to upload all required documents for the buyers to view before booking
online.
21. All GST as applicable on the participation fee is payable by the Developers.
22. The cost to the Developer has been kept as minimum to encourage all Developers to
participate and benefit. Hence, the Developer agrees to pay all amounts with sincerity and
integrity and on time, to enable this collective, co-op marketing be done as envisaged for
successful implementation.
23. The Developer agrees that in case of any dispute in the transaction between the buyer and
the Developer, the Dispute Resolution Committee decision is binding on the Developer.
24. The Developer understands and agrees that this is a joint effort by the Associations, Banks
and Sponsors to prop up the industry and sentiments and to generate immediate cash flow
for the Developers.
25. The Developer agrees that this initiative proposed by the Ministry of Housing & Urban Affairs
is to help revive the Real Estate sector across India and to promote transparency and to create
consumer confidence amongst the Developer. And that the developer is participating in the
same spirit.
26. If any liability arises due to dispute between buyer & developer, NAREDCO will not be held
responsible. The same disputes are subject to the resolution of the respective state RERA
authority.

I/We agree to the above Terms & Conditions and shall abide by them.

_________________________ ______________________
Date and Place Company Seal & Signature