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WHEREAS, “M/s Lotia Kunj Co-operative Housing Society Ltd.” is the owner
of all that piece and parcel of land bearing Plot No.510/A, admeasuring 974
sq.yards equivalent to 814 sq,mtrs of SS.NO. VII of Khar bearing CTS No. E/184
of village Bandra Taluka Andheri along with R.C.C structure till three floors
standing thereon in the registration district of and sub-district of Mumbai Suburban
situated, lying and being at 16th Road, Khar (West), Mumbai- 400 052 ,(hereinafter
referred to as “the Society”).
WHERAS, the Society shall act as a Confirming Party to this General Power Of
Attorney.
WHEREAS, through the consent terms filed in Suit (L) No.3845 of 2020 In the
High Court of Judicature at Mumbai, the validity of the Development Agreement
dated 30/05/2014 has been further extended from 15/02/2022 till 14/02/2024.
WHEREAS, the Society has passed a resolution dated 23/06/2022 wherein the
Society has specifically agreed that the Executant shall execute a DM agreement
with “Aumm Builcon LLP”, having address at Ground Floor, Nakshtra, Pali Hill
Road, Bandra West, Mumbai 400050, that the Aumm Builcon LLP shall be
Development Manager/Project Manager for the redevelopment of the said
property.
WHEREAS, for the purpose of completion of the new building standing on the
said property and for reasons of convenience it is necessary for the Builder to
appoint a development manager and project manager and confer upon them the
powers stated hereinafter.
2. To apply for, deal with, appear before and obtain from the concerned
authorities all the necessary sanctions or approvals including intimation of
disapproval, completion certificate, occupation certificate and all such
orders, certificates, permissions, extensions, modifications, clearance,
exemptions, concessions as may be necessary for the full, free, uninterrupted
and exclusive redevelopment of the said property.
3. To obtain all the necessary approvals in the name of the Society from all
concerned statutory and local authorities including but not limited to BMC,
revenue authorities, Government of Maharashtra and all its ministers and
departments, Government of India and all its ministers and department,
Defense Establishment including the MOEF, AAI, DGCA, Air Force airport
authority, concerned public/statutory authorities/private utilities, MHADA,
MCGM, HPC with respect to the redevelopment of the said property.
7. To handover any area affected by any reservation or D.P road on the said
property to concerned authorities and avail appropriate benefits like TDR,
FSI and utilize the same on the building to be constructed on the said
property.
8. To purchase/acquire any floating FSI or TDR, staircase premium and carry
out additional construction on the said property. To construct additional
floor after obtaining the revised sanctioned plan. The Society or the Builder
will not have any objection and will not claim any additional consideration.
10.To carry out and complete the construction work in accordance with the plan
sanctioned and approved by the BMC.
12.To get water, sewer and electricity connection on the said property.
14.To market and sell, dispose off or lease and otherwise deal with the
Flats/Shops/Offices/Units constructed on the said property except flats
allotted and provided to the members of the Society by entering into
Agreement for Sale, Lease Agreement, Mortgage Deed or any other
Agreement with New prospective purchasers at such price, terms and
conditions as it deem fit and proper.
15.To collect all outstanding charges from the existing members of M/s Lotia
Kunj Co-operative Housing Society Ltd.
16.To collect the following charges from the New prospective purchasers of the
Flats/Shops/Offices/Units except all the existing members of M/s Lotia Kunj
Co-operative Housing Society Ltd:
a. All deposits, fees and taxes from new purchasers flat/unit for
obtaining electricity connection.
b. All deposits, fees and taxes from new purchasers flat/unit for
obtaining water connection from BMC.
c. Fees for formation of the Society, Legal charges from new purchasers
flat/unit to be constructed on the said property
WITNESSES;
1.
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