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M/s Paryapt Infrastructure Private Limited

Registered office - Unit No. SB/C/2L/Office/017A, M3M Urbana, Sector-67,


Gurugram Manesar Urban Complex, Gurugram-122102 (Gurgaon), Haryana
CIN: U70109HR2020PTC090042

Application Form for the provisional allotment of a Commercial Unit in “M3M ATRIUM57”, part
of Residential Colony, situated at Block H, Sushant Lok-III, Sector 57, Village Tigra, Gurugram,
Haryana, India.

M/s Paryapt Infrastructure Private Limited


Unit No. SB/C/2L/Office/017A,
M3M Urbana, Sector-67,
Gurugram Manesar Urban Complex,
Gurugram-122102 (Gurgaon), Haryana
E-mail ID- [___________]

Dear Sir/s,

I/ We request that I/ we may be provisionally allotted a Commercial Unit no. __________________, Block
_____________, Type:_______________, Floor: ______________, (“Commercial Unit”), having Carpet Area of
approx. ____________ sq. mtrs./___________ sq.ft. (“Carpet Area”) and Super Area of approx.
____________ sq. mtrs./___________ sq.ft. (“Super Area’) being developed on land admeasuring 1.425
acres (“Project Land”) in the Project under the name and style of “M3M ATRIUM57”, situated at Block-H,
Sushant Lok-III, Sector 57, Village Tigra, Gurugram, Haryana (“Project”), the details whereof are mentioned
in “Schedule-I” and the specifications as mentioned in “Schedule-II”, being promoted and developed by
Paryapt Infrastructure Private Limited, having its CIN No. (U70109HR2020PTC090042) and PAN No.
(AALCP4951F) (“Company”/“Developer”).

The Company is absolute and lawful owner of the Commercial Plot ad-measuring 1.425 acres (5766.775 sq.
mts.) situated in Block –H, Sushant Lok – III, Sector-57, Village Tigra, District Gurugram, Haryana
purchased vide conveyance deed duly registered as Document No. 9423 dated 08.10.2021 executed before
the office of Sub Registrar Wazirabad, Gurugram (“Project Land”) by M/s Ansal Buildwell Limited in favor
of the Company. The Project Land is part of larger Residential Colony being developed on the total Land
admeasuring 199.063 acres, out of which the Project Land is part of License bearing no. 10-16 of 1996 dated
16.02.1996 obtained for land admeasuring 167.112 acres (“Licenced Land”) granted in favour of various
land owners in revenue estate of Village Tigra, District Gurugram.

The Director General, Town and Country Planning, Haryana, ("DGTCP") has granted various licenses for a
total land admeasuring 199.063 acres which includes License bearing no. 10-16 of 1996 dated 16.02.1996 for
the licensed land admeasuring 167.112 acres in favor of various landowners under Haryana Development &
Regulation of Urban Areas Act, 1975 and the Rules 1976 for development of a larger Residential Colony in
revenue estate of Village Tigra, District Gurugram (hereinafter referred to as the “License”).

The project “M3M ATRIUM57” is a Commercial Project and is part of a larger Residential Colony, being
developed on Project Land as mentioned above. The project “M3M ATRIUM57” is duly registered under the
RERA Act, read with H-RERA Rules and the Haryana Real Estate Regulatory Authority, Gurugram

Signature of the Applicant(s)


Regulations, 2018 (“HARERA Regulations”) framed thereunder by the Government of Haryana, with the
Haryana Real Estate Regulatory Authority at Gurugram vide Registration No.
RC/REP/HARERA/GGM/513/245/2021/81 dated 29.11.2021.

I/We am/are making this Application with the full knowledge that the Project is being developed by the
Company under various approvals granted by The Director General Town and Country Planning, Haryana
(“DGTCP”). The scope of this Application is limited only to the provisional allotment of the Commercial
Space/Unit in “M3M ATRIUM57” situated at Block-H, Sushant Lok-III, Sector 57, Village Tigra,
Gurugram, Haryana.

I/We hereby tender a sum of ₹ ___________________/- (Rupees


_______________________________________________ only) along with this Application towards part of
booking amount and GST as applicable for the Commercial Unit vide Cheque/ Banker’s Cheque/ Pay Order/
Demand Draft bearing no(s). ___________________ dated ___________________ drawn on
_________________________________________________________ payable at
___________________or through electronic transfer vide NEFT/ RTGS/ UTR No. ___________________,
sent through _______________ Bank on ______________________.

I/ We have complete knowledge of the Project and have also seen the sanctioned building plans (including
all revisions thereof). I/ We agree that the provisional allotment of the Commercial Unit shall be subject to
my/ our Application being complete in all respects and the initial booking amount deposited with this Application
being realized by the Company. I/We also agree that the provisional allotment of the Commercial Unit shall
be at the absolute discretion of the Company and in case of rejection of my Application, I/We undertake not
to claim any compensation or interest from the Company except the refund of my/ our initial booking amount.
I / We acknowledge that I / We have been provided with a sample format of the allotment letter for our
reference.

In the event, the Company agrees to provisionally allot an Commercial Unit to me/us, the Company shall
send across the detailed Agreement for Sale / Buyer’s Agreement (“Agreement”) which shall
comprehensively set out the terms of allotment and the further relationship, along with other conditions as
per the provisions of the applicable Law (along with the rules and regulations as may be framed thereunder)
and the Real Estate (Regulation and Development) Act, 2016 (along with the rules and regulations as framed
thereunder). The allotment and sale of a Commercial Units in ‘M3M ATRIUM57’ shall be subject to terms
and conditions of this Application Form, the Allotment Letter and the detailed set of terms and conditions as
set out in the Agreement for Sale and the Schedules and annexures attached thereto; the provisions of the
Real Estate (Regulation and Development) Act, 2016 (16 of 2016) and the Haryana Real Estate (Regulation
and Development) Rules, 2017 for the State of Haryana, and other Applicable Law.

I/We agree to execute the Agreement for Sale (“Agreement”) for the Commercial Unit in accordance with
the provisions of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) (“RERA Act”) and
the Haryana Real Estate (Regulation and Development) Rules, 2017 (“H-RERA Rules”), as applicable for
the State of Haryana, and any amendments made therein from time to time and prevailing as on the date of
execution. I/ We undertake to pay the stamp duty and registration fee for the registration of the Agreement
and/ or other incidental expenses thereto. The allotment of the Unit shall be subject to terms and conditions
of this Application Form, Allotment letter and/ or Agreement (to be executed) and other such terms and
conditions as in future may be applicable and I/We undertake to abide by all such terms and conditions.

The Company is presently inviting applications for the booking of the Commercial Unit in the Said Project.
This Application shall be confined and limited in its scope to the Commercial Unit in the said Project. I/We,
the Applicant(s) have been intimated that this Application shall be confined and limited in its scope to the
Commercial Unit in accordance with the terms and conditions of all the approvals, permissions and sanctions

Signature of the Applicant(s)


granted by the competent authority.

The Applicant confirms that the Applicant has/ have relied on his/ her/ its/ their own independent judgment,
investigation, physical inspection of the Project site and inspection of documents including relevant
sanctioned plans, statutory approvals, the relevant information and details in deciding to make the present
Application, and has/ have not based his/ her/ its/ their decision upon and/or has/have not been influenced by
any illustrative architect's plans, advertisements, sales plans and brochures, representations, warranties,
statements or estimates of any nature, whatsoever, whether written or oral made by or on behalf of the
Company. The Applicant confirms that he/ she/ it/ they has/have obtained appropriate professional advice
before proceeding further with this Application. The Applicant has, without any promise or assurance
otherwise than as expressly contained in this Application, relied upon personal discretion, independent
judgment and investigation and being fully satisfied has decided to the purchase of the Commercial Unit.
The Applicant further confirms having considered, reviewed, evaluated and satisfied itself with the specific
features of the Said Project in particular.

I/We understand that execution of this Application Form does not constitute an Agreement and does not
confer any rights to me/ us in the Commercial Unit unless an Agreement for Sale has been executed by the
Company on receipt of at least ten percent (10%) of the Total Consideration (as defined hereinafter) of the
Commercial Unit. I/We undertake that upon the provisional allotment of the Commercial Unit by the
Company to me/ us, I/We undertake to timely execute the Agreement and other documents in the manner
and also in accordance with the provisions of the Applicable Law being in force at that time, at my/ our
expenses/ cost.

I/ We agree that timely payment of the installments of the Total Consideration Value and Other Charges (as
mentioned in ‘Schedule III’ hereinafter), as per the Payment Plan (as mentioned in ‘Schedule-IV’ hereinafter)
is the essence of the allotment. I/ We declare and confirm that I/ We have understood the Payment Plan and
the binding effect of the terms and conditions and the implications of non-compliance thereof.

I/We are fully aware of the cost of the Commercial Unit, and also of the new tax regime of Goods & Services
Tax (in short ‘GST’) having come into existence with effect from 01.07.2017. Therefore, the Application has
been made by myself / us having being fully aware that all payments made on and after 01.07.2017 and all
bookings made on and with effect from 01.07.2017 will attract GST under the Central Goods and Services
Tax Act, 2017. I/we, also confirm I/we shall not claim any GST credit and/or claim any reduction in Total
Consideration Value of the Commercial Unit due to application of GST.

The Company, subject to force majeure circumstances, proposes to complete the Project and handover
possession of the Project on or before 15th May, 2025 or the extended period as granted by the HRERA.
However, the period of completion of the Project for the reasons attributing beyond the control of the
Company may be extended with the approval of the competent authorities / RERA / HRERA. The Applicant
confirms having understood that since the Project is proposed to be developed in a phase-wise manner certain
facilities and services might be made available in accordance with the phase-wise construction of the Project
and shall be available as the construction progresses.

I/ We have applied with full knowledge and understanding of all the laws, notifications and rules as are
applicable to the State of Haryana/ Project, which have also been duly explained by the Company and
understood by me/ us. My/ Our particulars are stated in ‘Schedule-V’.

The documents as mentioned in ‘Schedule-VI’ are enclosed herewith this Application. I/ We understand that
the terms and conditions mentioned in ‘Schedule-VII’ are indicative in nature and have been duly explained
to me/ us and further I/We understand that the same are subject to change at the discretion of the Company.

Signature of the Applicant(s)


The communications sent by the Company on the E-mail address provided by the First Applicant shall be
deemed to have been duly served upon me/ us.

I/we, the Applicant(s), after having read, understood and agreed with the terms and conditions (“Terms &
Conditions”), annexed hereto and the terms and conditions contained in the Buyer Agreement/Agreement for
Sale prescribed by the Company (“Buyer’s Agreement/Agreement for Sale”), pertaining to the booking of
the Commercial Unit and the limitations and obligations of the Company and the Applicant(s) respectively,
do hereby apply for booking of an Commercial Unit (as defined below) as per the details mentioned below:

DECLARATION:

I/ We have fully read and understood the terms and conditions as set out in this Application Form and
Schedules annexed thereto. I/ We undertake to abide by such terms and conditions including any amendment
therein from time to time. I/ We further declare that the details/ information provided in the Application
Form are true and nothing has been concealed. In the event of any notice in the knowledge of the Company
of details/ information provided by me/ us being false and untrue on my/ our part, the Company at its sole
discretion may cancel the Allotment and initiate appropriate legal action at my/ our costs, risks and
consequences.

Yours faithfully,

Date:

Place: ______________
Signature of Applicant(s)

INDIAN PROPERTY ASSOCIATE’S/ CHANNEL PARTNER'S NAME & ADDRESS (as registered
with Haryana Real Estate Regulatory Authority):

______________________________________________________________________________________
Indian Property Associate’s/ Channel Partner’s Seal and Signature

RERA Registration No. RC/REP/HARERA/GGM/_______/_______/2021/____ dated ____.____.2021 registered


with the Haryana Real Estate Regulatory Authority.

Signature of the Applicant(s)


SCHEDULE I

DETAILS OF THE COMMERCIAL UNIT

Commercial Unit No.: _ ______ Block No. _____________ Type:_______________ Floor/Level:


______________

Carpet Area of the Commercial Unit ______________ sq.ft./ ______________sq. mtr. (approx.)
(“Carpet Area”) (1 sq.mtr. = 10.764 sq.ft.)

Super Area of the Commercial Unit ______________sq.ft./ __________sq. mtr. (approx.) (“Super
Area”) (1 sq.mtr. = 10.764 sq.ft.)

Area of External Walls and internal shafts exclusive to the Commercial Unit______________sq.ft./
_________sq.mtr. (approx.) (1 sq.mtr. = 10.764 sq.ft.)

Area of Exclusive balcony ______________sq.ft./ ______________sq. mtr. (approx.)


(1 sq.mtr. = 10.764 sq.ft.)

alongwith proportionate undivided, indivisible and impartible ownership rights/share in the land
underneath the Building/Commercial Complex, Common Areas in the Building wherein Commercial
Unit is situated.

Car Parking(s):

Exclusive right to use ____ (_____) Car Parking in the basement Area that will be allocated/earmarked
by the Company as per the parking plan devised for the Building wherein the Commercial Unit is
located.

Right to use common areas alongwith the other Owners in the Project wherein the Commercial Unit is
located.

**“Carpet Area” shall have the same meaning as provided in the Real Estate (Regulation and
Development) Act, 2016.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE II
SPECIFICATIONS OF THE COMMERCIAL UNIT

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE III

TOTAL CONSIDERATION VALUE OF THE COMMERCIAL UNIT:

Total Consideration value of the Commercial Unit is ₹_______________/- @ ₹_______________/- per


sq. ft. of Carpet Area (Cost of the Commercial Unit is ₹_______________/- and GST amount of
₹_______________/-*)
*As per the present applicable rate.

1. Carpet Area of ___________ sq. ft./ ________sq. mtrs. (approx.)


2. Exclusive balcony having an area of ________ sq. ft. / ______ sq. mtrs. (approx.);
3. Exclusive Right to use of ___ (____) No. of Car Parking Space(s).

OTHER CHARGES

In addition to the Total Consideration Value, the Applicant shall be liable to pay the following:
 Interest Free Maintenance Security (IFMS) of ₹. _____________/-per sq.ft. of Carpet Area.
 Power Back-Up Charges: ₹. _____________/-per sq. ft. of Carpet Area.

Notes / Terms:
 All Payments are to be made by A/c payee Cheque/Banker's Cheque/Pay Order /Demand Draft
payable at New Delhi/Gurugram only or through electronic transfer mode (as permissible
under applicable Law) drawn in favor of / to the account of “PIPL M3M ATRIUM57
MASTER ACCOUNT” with “ICICI Bank Limited” Shop No. 19, 20, Vipul Plaza, Suncity,
Sector-54, Gurgaon – 122 002 (Haryana), having IFSC Code ICIC0000399, having Swift
Code ICICINBBNRI, Account No. 777705009987. The Application would be considered for
provisional allotment subject to realization of the Booking Amount. The date of clearing of the
instrument / receipt through permissible electronic transfer mode shall be deemed to be the
date of payment. Bank charges for outstation cheques shall be to the Applicant’s account and
credit shall be granted from the date of actual receipt of funds.
 The provisional allotment shall be valid only subject to clearance of amounts tendered by the
Applicant and subject to future payments on time.
 Upon issuance of the provisional Allotment Letter, the Applicant shall be liable to pay the Total
Consideration Value and the Other Charges as specified herein in accordance with Schedule
of Payment together with the applicable government taxes and levies, time being of all essence.
 The Total Consideration Value is inclusive of External Development Charges (“EDC”) and
Infrastructure Development Charges (“IDC”), Electricity Installation Charges, Applicable
Statutory Charges, Tax, Duty, GST, and Other Utilities Infrastructure and Connection
Charges. Further, any revision in EDC, IDC, Statutory Charges, Taxes, GST, etc., shall be
communicated and shall be charged as applicable from time to time as per the applicable rates.
 The Applicant shall, in relation to the Commercial Unit (so allotted), make all payments to the
Company from his own bank account only and not from and through the bank accounts of any
third party. The Applicant alone shall be responsible and liable in relation to the payments
made by any third party. Notwithstanding the aforesaid, the receipts for the payments made in
relation to the Commercial Unit (so allotted) shall be issued in favor of the Allottee only.
Payments from sources other than the Applicant(s) (“Third Party”) is/are to be accompanied
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
with requisite no-objection certificate(s) as per the approved format of the Company failing
which the Company may in its sole discretion reject the same and return directly to said Third
Party.
 The Agreement for Sale shall comprehensively set out the terms of allotment and the further
relationship, along with other conditions as per the provisions of the applicable Laws including
the Haryana Apartment Ownership Act, 1983 (along with the rules and regulations as may be
framed thereunder) and the Real Estate (Regulation & Development) Act, 2016 and the
Haryana Real Estate (Regulation & Development) Rules, 2017 (along with the rules and
regulations as may be framed thereunder by the State of Haryana).
 If Allotment of the said Commercial Unit is cancelled either by the Applicant or by the
Company, the Allottee shall cease to have any claim against / upon the said Commercial Unit
and / or against the Company (except for the refund as stated herein) and the Company shall
be free to deal with the said Commercial Unit in any manner whatsoever without any further
reference / intimation to the Applicant.
 Please further note that the Agreement for Sale shall contain detailed terms and conditions of
the sale of the Commercial Unit in favor of the Applicant / Allottee. Further, in the event of
any contradiction between terms of either of the documents, the terms and conditions embodied
in the Agreement for Sale shall prevail.
 In the event the Applicant / Allottee fails or neglects to comply with any of his obligations under
the Application Form / Allotment Letter, including (but not limited to) making payment of all
due amounts as per Schedule of Payments stated in ‘Schedule-IV’ hereto (and interest thereon,
if any) or seeks to withdraw or cancel the Allotment / Agreement for sale in respect of the said
Commercial Unit (so allotted), the Applicant / Allottee shall be deemed to be in default and
the Company shall be entitled to forfeit the earnest money (being 10% of the Total
Consideration) and interest component on delayed payment (payable by the Applicant / Allottee
for breach and non-payment of any due payable to the Company) and brokerage. The rate of
interest payable by the Applicant / Allottee to the Company shall be the State Bank of India
highest marginal cost of lending rate plus two percent. For sake of clarity, the interest and/or
taxes paid on the consideration value shall not be refunded upon such cancellation/termination.
It is clarified that the Company shall under no circumstance be liable to return / refund any
portion of the Applicable Taxes or development charges/ any pass through charges paid /
incurred by the Allottee to the Company or any government authority, except if any refund of
GST is received by Company from any government authority on amounts that were paid by the
Allottee over and above the Earnest Money amount, then the Company shall refund the same
to the Applicant(s) within 90 days of receipt of the same. The balance amount, if any of money
paid by the Applicant / Allottee shall be returned by the Company to the Applicant / Allottee
within 90 (ninety) days of such cancellation or withdrawal.
 The payment of the refund amounts shall be subject to and after deducting thereon tax at source
and/or other applicable government levies and taxes. For sake of clarity, the interest and/or
taxes paid on the Consideration Value shall not be refunded upon such
cancellation/termination. In the event, the amounts paid by the Applicant /Allottee towards
Consideration Value is less than the earnest money (being 10% of the Total Consideration),
the Applicant / Allottee shall be liable to pay to the Company the deficit amount. The payment
of refund Amount, if any shall be made within a period of 90 (ninety) days from the date on
which such refund becomes due, all as per the applicable Law.
 The Applicant shall also pay, as and when demanded by the Company, the pro-rata share of
any Goods & Services Tax (GST) or any other statutory taxes, duties, charges, cesses, levies,
and the like as may be applicable to the Project or payments to be made by the Applicant to the
Company (collectively referred to as “Taxes”). The Applicant shall further be liable to pay any
change / modification in Taxes as may be levied by the Government or any statutory/competent
authority, even if such levies are retrospective in effect (but excluding any such enhancement
arising after the committed date of offer of handover of the Commercial Unit.
 The heads as mentioned in this Application Form and more particularly the payment schedule
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
are subject to change as per and as permissible under the applicable laws and more
particularly the rules to be notified by the State Government of Haryana under the Real Estate
(Regulation and Development Act), 2016 and any modifications thereunder.
 The Applicant shall be liable is to make instalment payment(s) within the time limit specified in
the Demand Letter notwithstanding the pendency of any other formalities to be complied with
by the Applicant. Any delay or default in making payment of the instalments, the Company shall
charge interest at the rate of State Bank of India highest marking cost of lending rate plus 2%
per annum from the due date.
 Stamp duty and registration charges on actuals shall be payable by the Applicant over and
above the Total Consideration.
 It shall be the sole responsibility of non-resident/foreign national/person of Indian origin to
comply with the provisions of Foreign Exchange Management Act, 1999 and/or statutory
enactments or amendments thereof & rules & regulations of the Reserve Bank of India and
other competent authorities.
 To avoid penal consequences under the Income Tax Act, 1961, where Total consideration for
the Commercial Unit is ₹. 50,00,000/- (Indian Rupees Fifty Lakhs only) or more, the Applicant
is required to comply with provisions of Section 194 IA of the Income Tax Act, 1961 (effective
from 01st June 2013), by deducting Tax at Source (TDS) as per the applicable rate from each
instalment/payment. Applicant shall be required to submit TDS certificate and Challan showing
proof of deposition of the same within 7 (seven) days from the date of tax so deposited to the
Company so that the appropriate credit may be allowed to the account of the Applicant.
 Taxation particulars of Paryapt Infrastructure Private
Limited
PAN No.: AALCP4951F
ID of GST: 06AALCP4951F1ZA
 This Application shall be governed and interpreted by and construed in accordance with the
laws of India. The Courts at Gurugram alone shall have exclusive jurisdiction over all matters
arising out of or relating to this Application.

Here are a few details to keep in mind if you are paying through RTGS
RTGS Details for payments:
Swift Code: ICICINBBNRI _
Bank Name: ICICI BANK LIMITED
Account No.: 777705009987
IFS Code: ICIC0000399
Account Name: “PIPL M3M ATRIUM57 MASTER ACCOUNT”

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE IV
PAYMENT PLAN

Construction-Linked Payment Plan [ ]

Down Payment Plan [ ]

Time Linked Plan [ ]

Possession Linked Plan [ ]

Other Plan [ ]

If yes, specify details: ______________________

[Insert Customized Payment Plan]

FOR OFFICE USE ONLY

Receiving Officer:

Name: Signature: Date:

ACCEPTED [ ]/ REJECTED [ ] REGISTRATION NO:

1. Type of Booking: Direct [ ]/ through Channel Partner/ Indian Property Associate / Real Estate
Agent [ ]
2. Remarks (if any) :

Date:
Place:

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE V

PARTICULARS OF THE APPLICANT(S)*

My/Our particulars are given below for your reference and records:

1. SOLE OR FIRST APPLICANT

Mr. /Ms. /M/s. __________________________________________


Please affix your
Son/Wife/Daughter of ____________________________________ photograph here and
sign across it

Nationality: _____________________________________________

Date of Birth: / / ; Anniversary date: / / .

Business/Profession:

Status: Resident/Non-Resident/Foreign National/Person of Indian Origin

Income-Tax Permanent Account No. (Photocopy of PAN


Card to be attached) Ward/Circle/Special range and place where assessed to Income Tax:

UID / Aadhar No. (only in case of Resident/Non-


Resident):

(Photocopy of UID / Aadhar to be attached)

Mailing
Address:

PIN Code:

Tel. No. Fax No.

E-mail Id. Mobile No.

Permanent Address:

PIN Code:

Tel. No. Fax No.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
E-mail Id: Mobile No.

Payment mode (Optional): Self Home Loan


Applicant’s Name (as per Bank Account):
______________________________________________
Name of Applicant’s Bank: ___________________________________________________________
Bank Account No.:________________________________

DECLARATION:

I, the Applicant/s, hereby affirm and declare that the above particulars/information is/are true and
correct and nothing has been concealed therefrom. I, hereby confirm that in case any of the information
and details given by me in this Application or otherwise is incomplete or is found incorrect or false or
misleading at any stage, the Company shall be within its rights to reject this Application and/or cancel
the allotment, in pursuance thereof, if done and/or terminate/cancel the Application, if executed
without any liabilities and penalties.

Signature of First
Applicant

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SECOND APPLICANT (if any)

Mr. /Ms. /M/s. _______________________________________


Please affix your
photograph here and
S/W/D of ___________________________________________ sign across it

Nationality: _________________________________________

Date of Birth: / / ; Anniversary date: / / .

Business/Profession:

Status: Resident/Non-Resident/Foreign National/Person of Indian Origin:

Income-Tax Permanent Account No. (Photocopy of PAN


Card to be attached) Ward/Circle/Special range and place where assessed to Income
Tax:

UID / Aadhar No. (only in case of Resident/Non-


Resident):

(Photocopy of UID / Aadhar to be attached)

Mailing Address:

_______________________________________________________________________
___
PIN Code:

Tel. No. Fax No.

E-mail Id: Mobile No.

Permanent Address:

_______________________________________________________________________
___
PIN Code:

Tel. No. Fax No.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
E-mail Id: Mobile No.

Office Name & Address:

Payment mode (Optional): Self Home Loan


Applicant’s Name (as per Bank Account): ______________________________________________
Name of Applicant’s Bank: ___________________________________________________________
Bank Account No.:________________________________

DECLARATION: I/We, the Applicant/s, hereby affirm and declare that the above
particulars/information is/are true and correct and nothing has been concealed therefrom. I/We
confirm that in case any of the information and details given by me/us in this Application or
otherwise is incomplete or is found incorrect or false or misleading at any stage, the Company
shall be within its rights to reject this Application and/or cancel the allotment, in pursuance
thereof, if done and/or terminate/cancel the Agreement, if executed without any liabilities and
penalties.

Signature of Second
Applicant

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
THIRD APPLICANT (if any)

Mr. /Ms. /M/s. __________________________________________


Please affix your
S/W/D of ______________________________________________ photograph here and
sign across it

Nationality: _____________________________________________

Date of Birth: / / ; Anniversary date: / / .

Business/Profession:

Status: Resident/Non-Resident/Foreign National/Person of Indian Origin

Income-Tax Permanent Account No. (Photocopy of PAN


Card to be attached) Ward/Circle/Special range and place where assessed to Income
Tax:

UID / Aadhar No. (only in case of Resident/Non-


Resident):

(Photocopy of UID / Aadhar to be attached)

Mailing Address:

PIN Code:

Tel. No. Fax No.

E-mail Id: Mobile No.

Permanent Address:

PIN Code:

Tel. No. Fax No.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
E-mail Id: Mobile No.

Office Name & Address:

Payment mode (Optional): Self Home Loan


Applicant’s Name (as per Bank Account):
______________________________________________
Name of Applicant’s Bank: ___________________________________________________________
Bank Account No.:________________________________
DECLARATION: I, the Applicant, hereby affirm and declare that the above particulars/information
is/are true and correct and nothing has been concealed therefrom. I, hereby confirm that in case any
of the information and details given by me in this Application or otherwise is incomplete or is found
incorrect or false or misleading at any stage, the Company shall be within its rights to reject this
Application and/or cancel the allotment, in pursuance thereof, if done and/or terminate/cancel the
Agreement, if executed without any liabilities and penalties.

Signature of Third Applicant

In case the Applicant(s) are not natural persons, please provide the status of entity:

Sole Proprietorship Firm [ ] Private Limited Company [ ] Public Limited Company [ ] Limited
Liability

Partnership [ ] Partnership Firm [ ] Registered Society [ ] Registered Trust [ ]/Others

Date of
Incorporation/Registration/Formation:______________________________________________
_

Particulars of
Incorporation/Registration/Formation:__________________________________________

Bank Details: Name of Bank:


____________________________________________________________

Address of the Bank/Branch:


___________________________________________________________

Bank Account No. : _________________________ IFSC Code:


_______________________________

PAN No.:__________________________

Communication Address: ____________________________________________________________


_______________________________________________________________________________
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
Pin Code: ____________________________________

E-Mail: ______________________________________

Nationality: __________________________________

Telephone Nos: _________________________________ Mobile: __________________________

DECLARATION: We, the Applicant/s, hereby affirm and declare that the above
particulars/information are true and correct and nothing has been concealed therefrom. We, hereby
confirm that in case any of the information and details given by us in this Application or otherwise is
incomplete or is found incorrect or false or misleading at any stage, the Company shall be within its
rights to reject this Application and/or cancel the allotment, in pursuance thereof, if done and/or
terminate/cancel the Agreement, if executed without any liabilities and penalties.

Signature of Applicant

* The word “Applicant” as used in this Application Form means and includes an individual applicant
and all joint applicants, jointly and severally, as the case may be. This Application is and shall be
subject to the provisions of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) and
the Haryana Real Estate (Regulation and Development) Rules, 2017 for the State of Haryana (along
with the rules and regulations as may be framed thereunder).

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE- VI

DOCUMENTS TO BE SUBMITTED ALONG WITH THE APPLICATION FORM

 It is mandatory to affix recent passport size photograph of all the Applicant(s) in designated
places in the Application.
 Documents to be submitted:
Resident of India
• Copy of PAN Card.
• Photograph.
• Current Address Proof.
• Permanent Residential Address.
• Identity Proof (Copy of Passport, Election card, Driving License, Aadhar Card or any
other Govt. Id).
• Proof of Citizenship.
• Any other document/certificate as may be required by the Company.
Partnership Firm/LLP
• Copy of PAN Card of the Partnership Firm.
• Copy of Partnership Deed.
• Office Address Proof.
• In case one of the Partners signs the Application on behalf of the other Partners a
letter of authority from all the other Partners authorizing such partner to act on behalf
of the Firm, shall be required.
Company
• Copy of PAN Card of the Company.
• Memorandum of Association (MoA) and Articles of Association (AoA) duly
signed by the Company Secretary/Director of the Company.
• Proof of registered office address.
• Board Resolution authorizing the signatory of the Application Form to execute the
Application and the Agreement, on behalf of the Company.
NRI/ PIO
• Copy of Individual's Passport/ PIO Card.
• Address Proof.
• In case of Demand Draft (DD), the confirmation from the banker stating that the
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
DD has been prepared from the proceeds of NRE/NRO account of the Applicant.
In case of cheque the payments should be received from the NRE/NRO/FCNR
account of the Applicant and not from the account of any third party.

1. I/We acknowledge, agree and undertake that I/we shall neither hold the Company or
any of its Group/Subsidiary/Associate Company/Sister concerns/affiliates
liable/responsible for any representation(s)/ commitment(s)/offer(s) made by any third
party to me/us nor make any claims/demands on the Company or any of its
Group/Subsidiary/Associate Company/Sister concerns/ affiliates with respect thereto.

2. All the above information provided by me/us is/are true and nothing has been concealed
or suppressed.

3. I/We undertake to inform the Company promptly of any changes to the above
information and particulars furnished by me/us.

4. I/We have fully read and understood the Terms and Conditions attached hereto as
Schedule VII and do hereby solemnly agree, undertake and covenant to abide and be
bound by them and also by the area, total consideration, estimated other charges and
payment terms as set out herein. Further, I/we acknowledge that I/ we shall be fully
liable for any consequences in respect of any default in not abiding by the terms and
conditions contained herein and/or as may be contained in the Agreement for Sale. I/
We understand that the Terms and Conditions are binding in nature and are also
indicative of the Terms and Conditions of the Agreement for Sale which shall be
comprehensively elucidated and delineated in the said Agreement for Sale.

5. I/We, have paid an amount of Rs. ………………………..…/- (Rupees


……..……………..…………………….…………….……….) vide Cheque/Demand
Draft/ NEFT/RTGS/Debit Card/Credit Card as part of Earnest Money (as defined
hereinafter) payable by me / us as per terms of this Application and subject to
realisation.

6. I/ We understand that submission of this Application Form neither constitutes any


binding contract or Agreement to Sell for the Commercial Unit, nor the receipt of the
amounts paid with this Application Form by me/ us would tantamount to any
acceptance of my/our Application and shall not bind the Company to provisionally allot
the Commercial Unit in my/our favour.

7. I/ We hereby confirm and agree that the Company shall be liable and responsible only
for and in relation to the written communication through the authorized personnel of
the Company. The Company, its officials and authorised representatives shall in no
manner be liable and bound by any communication in any form exchanged between the
Applicants and any third parties and/ or any agreement or understanding arrived at with
the said third parties.

8. I/ We acknowledge that I/ we are fully satisfied with the land ownership title of the
Company, the rights and entitlements of the Company to develop, construct, promote,
brand, market and sell the Project, receive applications for booking and make allotment
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
of the Commercial Units, formulate terms and conditions for allotment, to receive the
costs and charges from Applicants as may be payable in respect of the Commercial
Unit, negotiate, finalise, sign and execute the Agreement for Sale and Conveyance
Deed, and execute all such other documents as may be required or as may be deemed
necessary and otherwise to do all such acts, deeds or things as may be necessary in
relation hereto.

9. The Company has readily provided all explanations and clarifications to me/ us as
sought by me/ us and after giving careful consideration to all facts, terms and
conditions, I/ we have now signed this Application Form being fully aware and
conscious of my/ our duties, liabilities and obligations.

10. I/ We fully understand that the Company reserves the right to accept or reject the
Application Form at its sole discretion. In the event of rejection of my/ our Application
Form, the Company shall refund the entire amount paid alongwith the application
towards earnest money or any part thereof to the Applicant(s) without payment of any
compensation or interest thereon.

11. I/ We further undertake and assure the Company that in the event of rejection of the
Application and/or cancellation of my/ our booking or allotment, I/ we shall have no
right, claim interest or lien on the Commercial Unit, if any.

12. The scope of the Application shall be limited to the conditions for allotment/ sale of the
Unit in the Project being developed as per approved building plan and for the
consideration agreed herein only. All the amounts as set out in the Application/
Schedule/ Allotment Letter and payable by the Applicant in accordance with the
Payment Plan are solely in lieu of the consideration for the transfer/ sale/ conveyance
of the Commercial Unit so allotted by the Company.

13. The Applicant acknowledges and accepts that the terms and conditions of this
Application and those of the Agreement have been carefully read over and explained to
the Applicant with their full legal import and effect and the Applicant has/ have
obtained independent advice on all the aspects and features before deciding to proceed
further with the Application. The draft of the Agreement has been made available to the
Applicant at the time of this Application.

14. The Applicant hereby confirms that he/ she/ it/ they is/ are making this Application with
full knowledge of all the applicable Laws for the State of Haryana in general and the
Project in particular.

Yours faithfully,

Name of the First Applicant

Name of the Second Applicant


_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
Name of the Third Applicant

Date: ____________ Place: ___________

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
SCHEDULE VII

TERMS AND CONDITIONS

This Application is subject to terms and conditions given hereunder and shall be binding on
the Applicant(s). These are indicative key terms and conditions of the provisional allotment
and Agreement for Sale (‘Agreement’) to be executed between the Applicant and the
Company. Detailed terms and conditions shall be set out in the Agreement. Post the allotment
of an Commercial Unit by the Company the Applicant shall be referred to as the Allottee,
accordingly wherever the context so requires the term ‘Applicant’ shall be read as ‘Allottee’.

1. The Applicant(s) has/have applied for the provisional allotment of a Commercial Unit with
full knowledge and understanding of the provisions of Real Estate (Regulation and
Development) Act, 2016 (“Act”), the Haryana Real Estate (Regulation and Development)
Rules, 2017 (“Rules”) and the Regulations made thereunder for the State of Haryana and
other Applicable Laws for the State of Haryana in general and the Project. The Applicant
further agrees to comply with any rules, policies, regulations and guidelines made with
respect to the Commercial Unit by the Company/the Maintenance Agency / the Competent
Authority(ies) /registered Association of Allottees. If this Application is accepted by the
Company, the allotment of the Commercial Unit in pursuance thereof shall be subject to
the terms and conditions stated herein, the Allotment Letter and subject to further terms
and conditions as may be stipulated in the Agreement.

2. The Promoter is absolute and lawful owner of the land admeasuring 1.425 acres (5766.775
sq. mts.) situated in Block –H, Sushant Lok – III, revenue estate of village Tigra, District-
Gurugram, Haryana purchased vide conveyance deed duly registered as Document No.
9423 dated 08.10.2021 before the office of sub registrar - Wazirabad, Gurugram (“Project
Land”) from M/s Ansal Buildwell Limited. The Project Land is a part of larger Residential
Colony being developed on the total Land admeasuring 199.063 acres, out of which the
Project Land is part of License bearing no. 10-16 of 1996 dated 16.02.1996 admeasuring
167.112 acres granted in favour of various land owners in revenue estate of Village Tigra,
District Gurugram.

3. The project “M3M ATRIUM57” is part of Residential Colony being developed on Project
Land admeasuring 1.425 acres situated in Block-H, Sushant Lok-III, Sector 57, Village
Tigra, District Gurugram, Haryana. The project “M3M ATRIUM57” is duly registered
under the RERA Act, read with H-RERA Rules and the Haryana Real Estate Regulatory
Authority, Gurugram Regulations, 2018 (“HARERA Regulations”) framed thereunder by
the Government of Haryana, with the Haryana Real Estate Regulatory Authority at
Gurugram vide Registration No. RC/REP/HARERA/GGM/513/245/2021/81 dated
29.11.2021.

4. The Approvals have been obtained on the final building plans (including all revisions
thereof) or any other requisite approval from DGTCP and the Building plans have been
sanctioned from DGTCP vide Memo No. 5377 dated 3.11.2021. The Company has
obtained and shall be further obtaining (as required at the relevant time) necessary
sanctions, permissions and approvals from the concerned authorities/ Competent
Authority(ies) for the Project.
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
5. The Company is in possession of requisite rights and powers for undertaking and carrying
out the construction and development in a planned and phased manner on the Project Land.
The Company has the complete authority and all appropriate and requisite rights and
powers inter alia to undertake the marketing, sale of the Commercial Unit, either directly
or through its Indian Property Associate / Channel Partner. The Company has the right and
is fully authorized and empowered to receive applications for sale of Commercial Unit,
make and negotiate terms and conditions for such sale, receive the Total Consideration
value and other payments towards costs, charges and dues as stated in the Application /
Schedule / Agreement, make allotments of Commercial Unit, execute the Agreement, sign,
execute and register further documentation for the conveyance and sale of Commercial
Unit and other incidental documents as may be necessary to give effect to the Agreement,
and otherwise to do all such acts, deeds and things, as may be required or deemed necessary
in order to give effect to the Agreement.

6. The Applicant is fully aware and acknowledges that “M3M ATRIUM57” is not being
promoted, developed and/or sold by M3M India Private Limited. The use of the word/ name/
mark “M3M / M3M ATRIUM57” is under license from M3M India Private Limited, use
whereof is subject to the Brand Licensing Arrangement. The use of word “M3M/ M3M
ATRIUM57” shall in no manner be construed or interpreted as M3M India Private Limited
being the Company and/ or Developer of the Project or any part thereof.

7. It is further clarified that the Project Land may be modified by way of addition/ deletion of
land parcels forming part of Project Land in future including addition of land parcels for
granting passage/ entry/ exit in the Project and to the extent as may be acquired/ required/
desired pursuant/ consequent to any directions/ approvals by the DGTCP (formerly known
as Director, Town & Country Planning {“DTCP”}) and/or any other Government
Authority(ies)/ Competent Authority(ies) and/or as may be permissible under the Act and
the Rules and the Applicable Law and in the manner as provided thereunder.

8. The Applicant acknowledges and accepts that the terms and conditions of this Application
and those of the Agreement have been carefully read over and explained to the Allottee
with their full legal import and effect and the Applicant has / have obtained independent
advice on all the aspects and features before deciding to proceed further with the
Application. The draft of the Agreement has been made available to the Applicant at the
time of this Application.

9. The Applicant(s) is applying for allotment of the Commercial Unit in the Project under this
Application Form, after fully understanding the development scheme as envisaged by the
Company and with full knowledge of all the laws/notifications and rules applicable to the
Project and has / have satisfied himself /themselves/ itself about the rights/title/interest of
the Company in the said Project, and has understood all limitations and obligations of the
Company in respect thereof.

10. The Applicant has/ have gone through all the terms and conditions of the draft Agreement
which has been made available to him/ her/ them for his/ her/ their perusal and
understanding at the time of the Application and the Applicant has/ have understood the
mutual rights and obligations detailed therein.
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
11. The Applicant is satisfied about the rights and interest of the Company to develop, sell and
market the Commercial Units in the Project to be developed on the Project Land and the
rights, interest and title of the Company therein. The Applicant has understood all the
limitations, restrictions, requirements and obligations in respect thereof.

12. The Applicant confirms that the Applicant has / have relied on his / her / its / their own
independent judgment, investigation, physical inspection of the Project site and inspection
of documents including relevant sanctioned plans, statutory approvals, the relevant
information and details in deciding to make the present Application, and has / have not
based his / her / its / their decision upon and / or has / have not been influenced by any
illustrative architect's plans, advertisements, sales plans and brochures, representations,
warranties, statements or estimates of any nature, whatsoever, whether written or oral made
by or on behalf of the Company. The Applicant confirms that he / she / it / they has / have
obtained appropriate professional advice before proceeding further with this Application.
The Applicant has, without any promise or assurance otherwise than as expressly contained
in this Application, relied upon personal discretion, independent judgment and
investigation and being fully satisfied has decided to enter into this Agreement for
the purchase of the Commercial Unit. The Allottee further confirms having considered,
reviewed, evaluated and satisfied itself with the specific features of the Project ‘M3M
ATRIUM57’.

13. The Applicant has represented and warranted to the Company that it has / have the legal
and valid power and authority to apply for the allotment and make this Application and
there is no legal restraint / impediment in this regard and further the Applicant and / or its
spouse / parents / children have never been accused and / or prosecuted and / or convicted
by any Competent Authority, of any offence relating to money laundering and/or violation
of the provisions of Foreign Exchange Management Act, 1999 (erstwhile Foreign
Exchange Regulation Act, 1973) or any substitute or derivatives thereof, Benami
Transactions (Prohibition) Amendment Act, 2016 or any substitute or derivatives thereof
or faced action on account of any default with respect to any property allotted in any other
project of the Company or any of the associates/ affiliates of the Company or has instituted
any suit or complaint or criminal or other actions/ proceedings whatsoever against the
Company, any of its affiliates or associates. The Applicant hereby understands and
represents that any failure by it to furnish true and correct information or transparently
disclose the true and correct facts with respect to this warranty shall amount to the breach
of this Application and the consequent allotment and the Agreement and the Applicant shall
be liable to all the consequential action there under.

14. It is expressly clarified that the Company has not represented in any manner or intended in
any manner to convey any right or interest outside the boundary of the Project ‘M3M
ATRIUM57’ and no impression / representation of any kind has been given to the
developments and / or constructions that may take place outside the boundary of the Project
‘M3M ATRIUM57’.

15. The Applicant hereby confirms that he/she/it/they is / are making this Application with full
knowledge of all the Applicable Laws, applicable in the State and those related to the
Project ‘M3M ATRIUM57’.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
16. The Applicant is satisfied about the rights and interest of the Company to develop, sell and
market the Commercial Unit in the Project ‘M3M ATRIUM57’. The Applicant has
understood all the limitations, restrictions, requirements and obligations in respect thereof.

17. The Applicant agrees to sign, execute and deliver the definitive documents including but
not limited to the Agreement and a separate maintenance agreement, any other papers,
documents, undertakings and declarations, in the standard format, as may be required by
the Company and/or the nominated maintenance agency and/or registered Association of
Allottees for the maintenance and upkeep of the Project ‘M3M ATRIUM57’ as and when
required along with declarations and undertakings contained therein. The Applicant accepts
that the execution of the said documents shall be a condition precedent to the execution of
the Conveyance Deed for the Commercial Unit.

18. The Applicant(s) agree(s) to pay the Total Consideration Value of the Commercial Unit
along with other charges (“Total Consideration Value”), as per the opted Payment Plan
and / or as may otherwise be communicated by the Company from time to time mentioned
in Schedule-IV (“Payment Plan”) of this Application Form. The break-up and description
of the Total Consideration Value and Other charges is described in Schedule-III of this
Application Form. If the Applicant(s) delays in payment towards any amount which is
payable, it shall be liable to pay interest as may be prescribed under the Real Estate
(Regulation and Development) Act, 2016 (“Act”) and rules (“Rules”) formed thereunder
for the State of Haryana, and subsequent amendments to the said Act and Rules and the
notifications/ clarifications relating to the same issued by the relevant government
authorities, on all the amounts which are due & payable by the Applicants(s) under and in
furtherance to this Application Form, if any. The said interest shall be current State Bank
of India’s Highest Marginal Cost of Lending Rate plus 2% per annum or such other rate of
interest higher/ lower than 2% as may be prescribed from time to time under the Act and
Rules made thereunder (“Interest”).

19. The Applicant shall further be liable to pay any enhancements in any tax/charges including
any fresh incidence of tax as may be levied by the Government or any Statutory Authority/
Competent Authority, even if such levies are retrospective in effect, as and when
demanded by the Company on the Carpet Area of the Commercial Unit. The Applicant
shall further make payment of registration charges, stamp duty and other incidental
expenses as and when the Conveyance Deed is executed by the Company.

20. The Total Consideration value shall be payable by the Applicant(s) directly to the
Company as mentioned in the Payment Plan (Schedule-IV) on the timeline agreed herein
and without any delay or demur. The timely payment of the Total Consideration value
shall be of the essence.

21. The Applicant has/ have understood the Total Consideration value and Other Charges as
laid down in Schedule III of this Application Form.

22. It is clarified that the Total Consideration value shall be payable by the Applicant(s) in the
manner and into the designated bank account of the Company, the details whereof are
specified in this Application Form or as may be specified from time to time by the
Company.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
23. The Company shall adjust any payment received from the Applicant first towards statutory
levies and then towards interest on overdue installments, thereafter towards overdue
installments or any other outstanding demand and finally the balance, if any, towards the
current payable installment or current dues.

24. The Applicant(s) confirms and represents that the Company has never
indicated/promised/represented/given any impression of any kind in an explicit or implicit
manner whatsoever, that the Applicant(s) shall have any right or title of any kind
whatsoever, in any other Commercial Unit (other than the said Commercial Unit), any
Land, community facilities and amenities, shopping area etc. save and except, as
mentioned herein.

25. The Total Consideration Value as mentioned in the Allotment Letter followed by the
Agreement will include Taxes (GST and cess or any other taxes/ fee/ charges/ levies etc.
which may be levied, in connection with the development / construction of the Said
Project) paid / payable by the Company upto the date of the handing over of the possession
of the Commercial Unit along with car parking, if applicable to the Allottee, as the case
may be, after obtaining the necessary approvals from the Competent Authority for the
purposes of such possession. Provided that, in case there is any change/modification in the
taxes / charges / fees / levies etc., the subsequent amount payable by the Allottee to the
Company shall be increased / decreased based on such change /modification. Provided
further, if there is any increase in the taxes / charges / fees / levies etc., after the expiry of
the scheduled date of completion of the Said Project as per the registration with the
Authority, which shall include the extension of the registration, if any, granted to the
Company by the Authority, as per the Act, the same shall not be charged from the Allottee
unless otherwise permitted by applicable law.

26. The Taxes, levies, cess and charges, if any, as applicable on the payments to be made by
the Allottee to the Company for the sale of Commercial Unit to the Allottee, shall be
payable by the Allottee as applicable from time to time as per the applicable rates.

27. The Company has made it clear to the Applicant(s) that it may carry out extensive
developmental/construction activities now or in future in the said Project in which the said
Commercial Unit is located as the same is being developed in phases, and that the
Applicant(s) has confirmed that the Applicant(s) shall not raise any objections or make
any claims or default in any payments as demanded by the Company on account of
inconvenience, if any, which may be suffered by the Applicant(s) due to such
developmental / construction activities or incidental/related activities.

28. It is made clear by the Company and understood by the Applicant(s) that the Applicant(s)
shall have no rights including right of ownership in the Project Land, all roads, open
spaces, etc. save and except, as specified herein. It is further clarified that the general
common areas like roads, open spaces, etc. are common and for the benefit of all allottees
of the Project. All rights and interest to develop the Project Land shall vest solely with the
Company and the Company shall have the sole and absolute authority to deal in any
manner with such Project Land. The Company relying on this specific undertaking of the
Applicant(s) in this Application may finally agree to allot the Commercial Unit and this
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
undertaking shall survive throughout the occupancy of the Commercial Unit by the
Applicant(s), his/her legal representatives, successors, administrators, executors, assigns
etc.

29. The Applicant(s) fully understands that the Company is free to deal with Project in any
manner as the Company may deem fit. As regards payment of Maintenance Charges, the
Applicant(s) shall enter into a separate Maintenance Agreement with an agency designated
by the Company or association of allottee(s) of the Project, as the case may be, and shall
make payment of such Maintenance Charges as demanded by the Company/Maintenance
Agency.

30. The Company shall not make any material additions and alterations in the sanctioned
building plans, layout plans / demarcation-cum-zoning plans and the specifications,
amenities and facilities as described in the Agreement in respect of the Commercial Unit,
without the previous written consent of the Allottee as per the provisions of the Act and
Rules made thereunder and / or as per the approvals / instructions / guidelines of the
Competent Authorities. Provided that, the Company may make such minor additions or
alterations as may be required by the Allottee, or such minor changes or alterations as per
the provisions of the Act and Rules made thereunder or as per the approvals / instructions
/ guidelines of the Competent Authorities, or such other changes as may be required to
make the enjoyment of ‘M3M ATRIUM57’ comfortable and convenient for the Allottees /
occupants / users at large.

31. The Company shall confirm the final Carpet Area and the applicable final Super Area of
the Commercial Unit that will be allotted to the Applicant after the construction of the
Building/ Commercial / Unit, as the case may be, in ‘M3M ATRIUM57’ is completed and
the occupancy certificate/ part occupation certificate (as the case may be) is granted by the
Competent Authority. The Total Consideration value payable for the Commercial Unit
after taking into account the revised Carpet Area shall be recalculated upon confirmation
by the Company and appropriate adjustment shall be carried for the amount paid by the
Applicant / Allottee. If the increase in the Carpet Area of the Commercial Unit is more
than 5% (five percent) and such variation is not acceptable to the Applicant / Allottee, every
attempt shall be made to offer an alternate Commercial Unit of a similar size and nature
within ‘M3M ATRIUM57’, subject to availability. In the event that such an Commercial
Unit is available and the Applicant / Allottee accepts such alternate Commercial Unit, the
applicable Total Consideration Value resulting due to such changed location / alternate
Commercial Unit shall be payable or refundable, as the case may be. No other claim,
monetary or otherwise, shall lie against the Company. In the event, the Applicant / Allottee
does not accept such alternate Commercial Unit or if there is no other Commercial Unit
of a similar size and nature at another location within ‘M3M ATRIUM57’, the Applicant /
Allottee shall be refunded the actual amounts received against the Total Consideration
Value along with interest thereon, at the rate prescribed in the Rules, which shall be full
and final satisfaction and settlement of all claims / demands of the Applicant / Allottee and
no other claim, monetary or otherwise shall lie against the Company and the Commercial
Unit.

32. The Applicant has applied for the booking and allotment of the Commercial Unit being
fully aware of the cost of the Commercial Unit, and also of the new tax regime of Goods
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
& Services Tax (“GST”) having come into existence with effect from 01.07.2017.
Therefore, the Application has been made by the Applicant having being fully aware that
all payments made and all bookings made will attract GST under the Central Goods and
Services Tax Act, 2017. The Applicant also confirms that he/ she/it shall not claim any
GST credit and/or claim any reduction in price of the Commercial Unit due to application
of GST.

33. The Applicant(s) further understands and agrees that for the purposes of the Act, there is a
variance in the value of the Commercial Unit inter-se each category as is
required/permissible by the applicable laws. The Applicant(s) also understands that the
common areas and facilities are common for the Occupants in the building and same shall
be used harmoniously by the Applicant(s) along with other occupants of the building
without causing any hindrance or obstruction. As the interest of the Applicant(s) in the
common areas is undivided and cannot be partitioned this would require the Applicant(s)
to use the common areas within the building only harmoniously along with other
Allottees/Occupants in the Project without causing any inconvenience or hindrance to
them.

34. The Applicant(s) agrees and undertakes that if the Applicant(s) fails and / or neglects to
deduct the TDS or fails to deposit the same with the authorities after such deduction, the
Applicant(s) alone shall be deemed to be an assessee in default in respect of such tax and
the Company shall not be liable for any statutory obligations / liability or non-deposit of
such TDS. In case the credit of TDS deducted by the Applicant(s) is not reflected in Form
No. 26AS of the Income Tax Act, 1961 and the rules thereunder, and if the original TDS
certificate is not submitted by the Applicant(s) to the Company then the amount of TDS
shall be considered as receivable from the Applicant(s) and handover of the possession of
the commercial Unit shall be subject to adjustment/recovery of such amount.

35. It is understood by the Applicant(s) that 10% of the Total Consideration, shall be construed,
considered and treated as "Earnest Money", to ensure the performance, compliance and
fulfilment of his/ her/ their obligations under this Application/ Allotment Letter/ Agreement
for Sale. The Earnest Money shall be payable by the Applicant(s) as per the Payment Plan
and will include Booking amount paid by the Applicant at the time of making the
Application for booking of the Commercial Unit (subject to realization).

36. Timely payment of the Total Consideration Value in accordance with the Payment Plan as
agreed by the Applicant shall be essence of the allotment, and the Applicant hereby agrees
and undertakes to pay all the amounts due and payable to the Company in accordance with
the Payment Plan opted by the Applicant(s) in Schedule-IV on or before the respective due
dates. It is being clarified that the Company shall not be under any obligation to send
reminders for making the payment as per Payment Plan and/or for the invoice raised by the
Company. In the event of the Applicant committing default in the payment and/ or in
observing and performing any of the terms and conditions of provisional allotment or not
wanting to go ahead with the transaction, the Company can give 15 (fifteen) days prior
written notice to remediate such breach/default. In the event that the Applicant(s) fails to
remediate such breach/default within 15 (fifteen) days thereof or if at any point the
Applicant(s) does not intend to proceed with the transaction to purchase the Commercial
Unit, the Company shall be at the absolute liberty to cancel / terminate the provisional
allotment. Thereafter, the Applicant(s) claim shall be restricted to the balance amount (if
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
any) to be refunded to the Applicant(s) as aforementioned. The Company shall also, post
expiry of such period, be at absolute liberty to sell / allot the said Commercial Unit to any
other third party as the Company may deem fit and proper and the Applicant(s) shall have
no claim or objection whatsoever to the same. The Company will, in 90 days of such
cancellation/ termination, refund the amounts out of the Total Consideration Value that
have been paid by the Applicant after (i) forfeiting “Earnest Money” or any part thereof
paid till such time to the Company and (ii) deducting any interest component and penalties/
damages (received or due) on any delayed payment / non-payment by the applicant to the
Company at the rate prescribed under the Act and Rules and (iii) brokerage paid to the
broker by the Company in case the booking is made by the Applicant(s) through a broker,
and (iv) amounts equivalent to the value of any other items, coupons and vouchers given
to the Applicant(s) by the Company. It is clarified that the Company shall under no
circumstance be liable to return / refund any portion of the Applicable Taxes or
development charges/ any pass through charges paid / incurred by the Applicant (s) to the
Company or any government authority, except if any refund of GST is received by
Company from any government authority on amounts that were paid by the Applicant over
and above the Earnest Money amount, then the Company shall refund the same to the
Applicant(s) within 90 days of receipt of the same.

37. The Applicant is aware that the Total Consideration value is payable as per the Carpet Area
of the Commercial Unit as defined in Section 2(k) of the Act. The term ‘Carpet Area’ shall
have the same meaning ascribed to it under the Act and the Rules. Further, the term
‘Common Areas’ shall have same meaning as ascribed to it in sub-section (n) of section 2
of the Act read with rule 2(1)(f) of the Rules.

38. The Total Consideration value is escalation-free, save and except increases which the
Applicant agrees to pay, including increase in any of the components forming part of any
charges whatsoever, to the extent payable to the Competent Authority and/ or any other
increase in charges which may be levied or imposed by the Competent Authorities from
time to time, which the Applicant shall be liable to pay proportionately along with other
allottees in the building where the Commercial Unit is located and/or Project, as the case
may be, as applicable. In case of any decrease (including with retrospective effect, if any)
in any of the components forming part of any charges whatsoever that may be notified by
the Competent Authorities, the same shall be adjusted proportionately in favour of the
Applicant, and such adjustment shall be made from the next installment due from the
Applicant following the intimation of such decrease by the Company/ Competent
Authority, as the case may be.

39. The Applicant confirms having understood that with the change in technology or otherwise
the Company is entitled to speed up the process of construction and that the Applicant
agrees and understands that the sequence of construction milestones as mentioned in the
payment plan are indicative in nature and are subject to change during the course of
construction. While the time linked installments shall be raised in accordance and within
the given timeframe, accordingly the Company has the right to raise the demands based on
the actual stage of construction, regard the construction linked demands, which can be
earlier or later to the indicative milestones or in between the time linked installments as
mentioned in the indicative payment plan and shall be payable on being raised, irrespective
of the sequence mentioned in the payment plan.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
40. The Applicant shall have the right to the Commercial Unit along with exclusive right to
usage of parking space, as mentioned below:
(i) the Applicant shall have exclusive ownership of the Commercial Unit to be used
for Commercial purpose for which the allotment has been made and for which the
Commercial Unit has been provisioned for.
(ii) the Applicant shall have the proportionate undivided, indivisible and impartible
ownership rights/share in the Project Land and underneath the Subject Commercial
building/Complex, Common Area in the Building wherein Commercial Unit is
situated.
(iii) The share/ interest of Applicant in the Common Areas of the building in which the
said Commercial Unit is situated cannot be divided or separated, the Applicant
shall use the Common Areas along with other allottees, occupants, maintenance
staff etc., without causing any inconvenience or hindrance to them. The Company
shall hand over the Common Areas of the building in which the Commercial Unit
is situated to the Association of Allottees/ Competent Authorities, as the case may
be, after duly obtaining the occupation certificate/ part occupation certificate/ part
completion certificate/ completion certificate from the Competent Authority, as the
case may be, as may be as provided in the Rule 2(1)(f) of Rules.
(iv) the Applicant shall have the right to exclusive use but no title to the allotted car
parking space(s), if any.

41. The Applicant understands and agrees that (i) this Application and allotment pursuant
thereto shall be strictly restricted to FAR that may have been allocated / utilized with
respect to the Super Area of the Commercial Unit only and not for any other FAR of any
nature whatsoever and the Applicant has no right of any nature whatsoever in the
unallocated / balance / unutilized FAR in the Project Land; (ii) if FAR is increased from
time to time due to any addition of land parcel to the Project Land or enhancement in
FAR due to any Government's / Statutory Authority's directions from time to time, then
such increased / enhanced FAR on the Project Land and all the rights in the increased /
enhanced FAR shall vest with the Company and / or its / their subsidiaries/ associates
exclusively, and shall be in addition to the unallocated / balance / unutilized FAR. The
Company shall be the sole beneficiary / owner of and have the unfettered rights towards
the presently unallocated / balance / unutilized FAR and the increased / enhanced FAR in
the Project Land including any portion thereof.

42. The Commercial Unit along with the car parking space(s), if any, shall be treated as a
single indivisible unit for all purposes, and none can be transferred by the Applicant
independent of the other. The right to use of any additional parking spaces may be granted
upon request on a first-come-first-served basis but at the sole discretion of the Company,
subject to availability and upon payment of such charges as may be decided by the
Company. The Company’s decision in this regard shall be final and binding.

43. In case the Company is required to make any additional provisions for and additional/
specific provisions of certain specifications for and in relation to the Commercial Unit and/
or for any additional features and services in the Project, (including installation or make
provision for alternate sources of generation/ distribution of electricity or additional fire
safety measures over and above those required as per existing rules and regulations), which
results from any directives/ instructions of the Competent Authority under the applicable
law (but not occasioned due to any default of the Company), then the Company shall be
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
entitled to raise the demand of such additional sums for such additional specification(s) to
the allottees of the units as additional costs and charges and the Applicant agrees to pay the
same proportionately to the Company, without any delay, demur and protest.

44. The Applicant confirms having understood and further acknowledges that the Company
shall carry out the internal development within the Project, which inter alia, includes laying
of roads, water lines, sewer lines, electrical lines etc. However, it is understood that external
linkages for these services beyond the periphery of the Said Project Land, such as water
lines, sewer lines, storm water drains, roads, electricity, and other such integral services are
to be provided by the Competent Authorities. The Company is dependent on the Competent
Authorities for providing such external linkage and the Company shall not be responsible
for such unfinished works, save and except towards payment of EDC or similar charges to
the extent set out herein. In the event the Competent Authorities are not able to provide
such external facilities by the time the Commercial Unit is handed over to the Applicant,
then the Applicant agrees and understands that such services and facilities shall have to be
availed through Third Party agencies/ Vendors (such as, power-back up facility through
DG sets and water tanker facilities) for which charges shall be payable by all the allottees,
as determined by the Company/Association of Allottees/Maintenance Agency.

45. The Commercial Unit applied for, along with the Project shall be subject to the Haryana
Apartment Ownership Act, 1983, the Act and the rules and regulations thereunder, as
applicable in the State of Haryana, or any statutory enactments or modifications thereof.

46. The Applicant shall also pay, as and when demanded by the Company, Goods & Services
Tax (GST), Works Contract Tax (WCT) or any other statutory taxes, duties, charges,
cesses, levies and the like as may be applicable to the Commercial Unit and/ or the
Applicant in relation to the Commercial Unit. The Applicant agrees and understands that
in the event any property tax or any other taxes, charges, fee, cess or the like by whatever
name is imposed and/or is assessed separately in respect of the Commercial Unit, the same
shall be payable by the Applicant, to the concerned authority.

47. The Company reserves its rights, subject to all the applicable laws, to give on lease or hire
any unsold Commercial Unit in the Project or any part of the roof/ terraces/ open areas (not
specifically attached to any of the Commercial Unit) and other areas and the Applicant
agrees not to object to the same and/or to make any claim on this account.

48. The Applicant shall be liable to make timely payment of maintenance charges as and when
demanded by the Company/ RWA/ nominated maintenance agency, as the case may be. If
the Applicant neglects, omits, ignores, or fails in the timely performance of the obligations
agreed and stipulated herein including failure to execute and return both sets of signed
Agreement within 30 (thirty) days of dispatch by the Company for any reason whatsoever
or to pay in time to the Company any of the installments or other amounts and charges due
and payable by the Applicant by the respective due dates for such payments, the Company
shall be entitled to cancel the allotment and terminate the Agreement, if executed, at its
sole discretion and the Company shall be entitled to forfeit the Earnest Money (being 10%
(ten percent) of the Total Consideration) and interest component on delayed payment
(payable by the Allottee for breach and non-payment of any due payable to the Company)
and any feeU brokerage/ commission/ margin/ any rebates availed earlier that may be paid
by the Company to an Indian Property Associate (“IPA”)/ Channel Partner in case the
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
booking is made by the Allottee through an IPA/ Channel Partner, along with applicable
taxes on such forfeited amount. The rate of interest payable by the Allottee to the Company
shall be the State Bank of India highest marginal cost of lending rate plus 2% (Two
percent). The balance amount of money paid by the Allottee shall be returned by the
Company to the Allottee within 90 (ninety) days of such cancellation or withdrawal, subject
to receipt of the refund/ credit of the applicable taxes by the Company from the Competent
Authorities. Upon such cancellation, the Applicant shall be left with no right, lien or interest
over the Commercial Unit and the parking spaces in any manner whatsoever.

49. If the cheque submitted by the Applicant along with the Application is dishonoured, then
this Application will be deemed to be cancelled and the Company will not be under any
obligation to inform the Applicant about the dishonour of the cheque or cancellation of the
Application. Also in case any cheque towards the subsequent payment is dishonoured, the
Company will not be under any obligation to inform the Applicant about the dishonour of
the cheque and the consequences for such non-payment/ payment default shall follow.

50. The Applicant agrees and undertakes not to modify the Commercial Unit, make any
structural change and/ or raise any construction within the Commercial Unit or otherwise
encroach upon or occupy any Common Areas or any other area outside the Commercial
Unit.

51. The Applicant shall use the Commercial Unit only for the purpose for which it is allotted
and in a manner that does not cause nuisance and/or annoyance to other occupants of the
Project. Use of the Commercial Unit shall not be against public policy and/or for any
unlawful, illegal or immoral purposes and/or for any temporary or permanent storage of
any hazardous, toxic, combustible or inflammable materials and chemicals and/or for any
purpose which is likely to cause any damage to any flooring, wall or ceiling of the
Commercial Unit and/or to any Commercial (s) Unit(s) above, below or adjacent to the
Commercial Unit and/or anywhere in the Project and/or which in any manner interferes
with and/or obstructs the use of the Common Areas, except to the extent permissible under
the Applicable Law for which the due permission, approval, sanction, permit, registration
etc. if any required by the Applicant shall be obtained from the Competent Authorities/
Association of Allottees and prior notice thereof shall be given to the Association of
Allottees/ the Maintenance Agency/ the Competent Authority, as the case may be.

52. Subject to the Force Majeure, court orders, Government Policy/ guidelines, policy/
guidelines of Competent Authorities, decisions affecting the regular development of the
Project, herein and/ or other just permissible exceptions or any other event/ reason of delay
recognized or allowed in this regard by the Authority, if any, the Company shall be
considered under a condition of default, in the following events:
(i) the Company fails to provide ready to move in possession of the Commercial Unit along
with parking, if any, to the Applicant or fails to complete the Project on or before the
committed period;
(ii) discontinuance of Company’s business as a developer on account of suspension or
revocation of its registration under the provisions of the Act or the rules or regulations made
thereunder.
In case of Default by the Company under the conditions listed above, the Applicant is entitled to
the following:
(i) stop making further payments of any payment/ future instalment (yet to be due) as per the
Payment Plan, as and when demanded by the Company. If the Applicant stops/ suspends
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
making payments, and if the Company subsequently rectifies/ remedies the default/ corrects
the situation by completing the relevant construction/ development milestones and only
thereafter, the Applicant shall be required to make the next payment and re-commence the
payment of such outstanding instalments without any interest for the period of such delay
occurred on account of the Company; or
(ii) the Applicant shall have the option of terminating the Agreement in which case the Company
shall be liable to refund the entire money paid by the Applicant under any head whatsoever
towards the purchase of the Commercial Unit, along with interest at the rate prescribed in
the Rules within prescribed time under Act and Rules.
Provided that where an Applicant does not intend to withdraw from the Project or terminate the
Agreement, he/she shall be paid, by the Company, interest at the rate prescribed in the Rules, for
every month of delay till the handing over of the possession of the Commercial Unit, which
shall be paid by the Company to the Applicant within prescribed time (under Act and Rules) of it
becoming due.

53. The Applicant shall be considered under a condition of Default, on the occurrence of the
following events:
(i) in case the Applicant fails to make payments for two consecutive demands made by the
Company despite having been issued notice in that regard the Applicant shall be liable to
pay interest to the Company on unpaid amount at the rate prescribed in the Rules.
(ii) in case of default by the Applicant continues for a period of 90 (ninety) days after notice
from the Company in this regard, the Company may cancel the allotment of the
Commercial Unit and refund the money paid by the Applicant after forfeiting the Earnest
Money (being 10% of the Total Consideration) prior to receipt of occupation Certificate
and interest component on delayed payment (payable by the Applicant for breach and non-
payment of any due payable to the Company) and brokerage/ any rebates availed earlier/
margin/ incentive paid by the Company to an Indian Property Associate/ Channel Partner
(in case booking is made through an Indian Property Associate/ Channel Partner), along
with applicable taxes on such forfeited amount. The balance amount of money paid by the
Applicant shall be returned by the Company to the Applicant, without interest or
compensation within 90 (ninety) days of such cancellation, subject to receipt of the refund/
credit of the applicable taxes by the Company from the Competent Authorities. On such
default, the allotment and/ or Agreement and any liability of the Company arising out of
the same shall thereupon, stand terminated.
(iii) If, (a) the allotment of the Commercial Unit has been obtained by the Applicant(s)
/ Allottee(s) through fraud, misrepresentation, misstatement of facts, or
concealment / suppression of any material fact, or (b) the Applicant(s) / Allottee(s)
is not competent to enter into the Agreement for reasons of insolvency or due to
operation of any regulation or law; then the Company may cancel the allotment of
the Unit and refund the money paid by forfeiting the Earnest Money (being 10% of
the Total Consideration) and interest component on delayed payment (payable by
the Allottee for breach and non-payment of any due payable to the Company ) and
brokerage / any rebates availed earlier / margin / incentive paid to an Indian Property
Associate / Channel Partner in case booking is made through an Indian Property
Associate / Channel Partner. The balance amount of money paid by the Applicant(s)
/ Allottee(s) shall be returned by the Company, without interest or compensation
within 90 (ninety) days of such cancellation. On such default, the Allotment, the
Agreement and any liability of the Company arising out of the same shall thereupon,
stand terminated.
(iv) Further, additionally the Applicant / Allottee shall be considered under a condition
of Default, in case the Applicant / Allottee fails to comply with the conditions under
the Notice of constructive Possession, including taking over of possession of the
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
Commercial Unit, providing necessary indemnities, undertakings, maintenance
agreement and other documentation; and such failure continues for a period of more
than 90 (ninety) days after receipt of a notice from the Company in this regard then
the Company may cancel the allotment of the Commercial Unit and forfeit the
entire money paid by the Applicant/Allottee alongwith and interest, if any.

54. If, (a) the allotment of the Commercial Unit has been obtained by the Applicant through
fraud, misrepresentation, misstatement of facts, or concealment/ suppression of any
material fact, or (b) the Applicant is not competent to enter into the Agreement for reasons
of insolvency or due to operation of any regulation or law; then the Company may cancel
the allotment of the Commercial Unit and refund the money paid by forfeiting the Earnest
Money (being 10% of the Total Consideration) and interest component on delayed
payment (payable by the Applicant for breach and non-payment of any due payable to the
Company) and brokerage/ any rebates availed earlier/ margin/ incentive paid by the
Company to an Indian Property Associate/ Channel Partner (in case booking is made
through an Indian Property Associate/ Channel Partner), along with applicable taxes on
such forfeited amount. The balance amount of money paid by the Applicant shall be
returned by the Company, without interest or compensation within 90 (ninety) days of such
cancellation, subject to receipt of the refund/ credit of the applicable taxes by the Company
from the Competent Authorities. On such default, the Allotment, the Agreement and any
liability of the Company arising out of the same shall thereupon, stand terminated. Further,
additionally the Applicant shall be considered under a condition of Default, in case the
Applicant fails to comply with the conditions under the Notice for Offer of Possession,
including taking over of possession of the Commercial Unit, providing necessary
indemnities, undertakings, maintenance agreement and other documentation; and such
failure continues for a period of more than 90 (ninety) days after receipt of a notice from
the Company in this regard then the Company may cancel the allotment the Commercial
Unit and refund the money paid by forfeiting the Earnest Money (being 10% of the Total
Consideration) and interest component on delayed payment (payable by the Applicant for
breach and non-payment of any due payable to the Company) and brokerage/ any rebates
availed earlier/ margin/ incentive paid to a Indian Property Associate/ Channel Partner (in
case booking is made through a Indian Property Associate/ Channel Partner), along with
applicable taxes on such forfeited amount. The balance amount of money paid by the
Applicant shall be returned, without interest or compensation within 90 (ninety) days of
such cancellation, subject to receipt of the refund/ credit of the applicable taxes by the
Company from the Competent Authorities. On such default, the allotment, Agreement and
any liability of the Company arising out of the same shall thereupon, stand terminated.

55. The Applicant agrees to sign, execute and deliver the definitive documents including but
not limited to the Agreement, separate maintenance agreement, electricity supply
agreement and any other papers, documents, undertakings and declarations, in the standard
format, as may be required by the Company and/or the nominated maintenance agency
and/or registered Association of Allottees (“RWA”) for the maintenance and upkeep of
the Project as and when required along with declarations and undertakings contained
therein. The Applicant accepts that the execution of the said documents shall be a condition
precedent to the execution of the Conveyance Deed for the Commercial Unit.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
56. The Applicants(s) have clearly understood the terms of this Application Form and have
unconditionally accepted and consented thereto.

57. The Applicants(s) have confirmed that irrespective of any disputes, which may arise
between the Applicants(s) and the Company, the Applicants(s) shall punctually pay all
installments of the Total Consideration Value, amounts, contributions, deposits and shall
not withhold any payment for any reason whatsoever.

58. The Company has the right and is entitled to create mortgage and / or create a charge on
the Project including Commercial Building/Complex, Building or the Commercial Unit
or any part or component thereto, all current/ future receivables pursuant thereto and any
other right, title and interest that the Company may have in respect of the Project and/ or
the blocks and construction comprised thereupon including but not limited to Common
Areas, Buildings and Floors. The Company shall ensure that if such mortgage or charge is
made or created, then notwithstanding anything contained in any other law for the time
being in force, such mortgage or charge shall not affect the right and interest of the
Applicant(s) that may vest as per the Agreement for Sale.

It is hereby understood and agreed that upon signing of this Application Form, the
Applicant(s) are deemed to have completed all due diligence as to the right, title and
interest of the Company to develop and market the Commercial Unit and the Applicant
confirms that the Applicant(s) have sufficiently investigated and gone through ownership
record(s), approvals, documentation, inspection of site and other related matters to its
entire satisfaction, so as to confirm the competence of the Company to convey the
Commercial Unit. The Applicant(s) has / have, prior to the date hereof, examined the copy
of the RERA registration in respect of the Project and has caused the said RERA
registration to be examined in detail by his/her/its advocates and planning and architectural
consultants.

59. In case the Applicant(s) is a non-resident Indian or a foreign national of Indian origin then
it shall be his/her/its responsibility to fully comply with all the provisions of Foreign
Exchange Management Act, 1999 (“FEMA”), Reserve Bank of India Act, 1934 (“RBI
Act”), any rules and/or guidelines made/issued there under and all other applicable laws
including that of remittance of payment, acquisition/ sale/ transfer of immovable properties
in India. The Applicant(s) shall be solely responsible for any failure to comply with the
applicable FEMA provisions, RBI Act and/or any rules or guidelines made there under.
The Applicant(s) shall indemnify and keep and hold the Company and its
Directors/employees/associates, etc. fully indemnified and harmless against any losses,
damages, impositions or liabilities, including but not limited to any statutory liability,
claim, action, penalties, charge, costs, expenses, etc. due to such failure. In the event of
change of the residential status of the Applicant(s) subsequent to the execution of the
Agreement for Sale, they shall immediately intimate the same to the Company and comply
with necessary formalities, if any, under the applicable laws.

60. It is agreed that the Company shall not make any additions and alterations in the sanctioned
building plans and specifications and the nature of fixtures, fittings and amenities in
respect of the Commercial Unit, as the case may be, without the previous written consent
of the Applicant(s) as per the provisions of the Act and Rules made thereunder or as per
approvals / instructions / guidelines of the competent authorities. Provided that, the
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
Company may make such minor changes or alterations as may be required by the Applicant
(s), or such minor changes or alterations as per the provisions of the Act and Rules made
thereunder or as per approvals / instructions / guidelines of the competent authorities.

61. In case, the Association of Allottees or the Competent Authority fails to take handover of
the Common Areas & Facilities of the Commercial building/complex, then in such a case,
the Company shall have a right to recover the charges as may be incurred on maintenance
thereof for the delayed period till such time the handover is taken by the Association of
Allottees, which shall be recoverable from the Association of Allottees or proportionately
from all Allottee(s) of Commercial Units within the commercial building/complex.

62. The Allottee(s) shall pay the Maintenance Charges as may be levied by the Maintenance
Agency and shall also enter into a maintenance agreement with the Maintenance Agency
in the format to be provided by the Company or the Association of Allottees.

63. Simultaneously with the execution of the Conveyance Deed, the Allottee(s) shall enter into
a maintenance agreement with the Company or Maintenance Agency with regard to the
above, which shall provide detailed terms / conditions with regard to the above.

64. The Allottee(s) hereby accepts that the provisions of such maintenance services and use
and access to the Common Areas in the Project shall at all times be subject to payment of
all costs, charges, fee etc. by whatever name called, including but not limited to requisite
security deposit, periodic maintenance charges, sinking funds etc. (“Maintenance
Charges”) to the Association o f Allottees or Maintenance Agency, as the case may
be, and performance of all conditions, covenants, obligations and responsibilities of the
Allottee(s) under this Agreement. The rates of maintenance and service charges shall be
fixed by the Company or Association of Allottees or the Maintenance Agency, as the case
may be, keeping the prices of commodities, services, wages, official levies, fees(s), taxes,
water and electricity charges, power backup, diesel consumption charges etc. prevalent
at that point of time. The rates shall be subject to periodic revisions in line with the
increase in the prices of commodities etc. as aforementioned. The Allottee(s) agrees that,
on and from the Possession Notice Expiry Date or the date of execution of the
Conveyance Deed, whichever is earlier, the Allottee shall pay advance Maintenance
Charges calculated at an estimated rate.

65. The Allottee further agree(s) and undertake(s) to be bound from time to time to sign
and execute all papers, documents, deeds and/or other writings as required, at the sole
discretion of the Company/ Maintenance Agency, for the purposes of framing rules for
management of the Project and use of the Commercial Units by the Allottee(s) for
ensuring safety and safeguarding the interest of the Company/ Maintenance Agency and
other allottees and the Allottee(s) also agree(s) and confirm(s) not to raise any
disputes/claims against the Company/Maintenance Agency and other allottees in this
regard. It is further expressly understood that the Company shall not in any manner be
accountable, liable or responsible to any person including the Allottee(s) and/or
Association for any act, deed, matter or thing committed or omitted to be done by the
Maintenance Agency in the due course of such maintenance, management and control
of the Project, and/or Common Areas, amenities and facilities thereto.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
66. The Company shall be responsible to provide and maintain essential services in the
Project, as the case may be till the taking over of the maintenance of the Project by the
Association of Allottees or the competent authority, as the case may be, upon the issuance
of the occupation certificate/ part thereof, part completion certificate/ completion
certificate, as the case may be. The Applicant agrees to execute a Maintenance Agreement
along with other necessary documents, undertakings etc. in the standard format, with the
Company/ Association of Residents and the Maintenance Service Agency (“MSA”) as
appointed for maintenance and upkeep of the Project by the Company. Execution of the
Maintenance Agreement shall be a condition precedent for handing over possession of
Commercial Unit by the Company and also for executing the Conveyance Deed of the
Commercial Unit. The Applicant(s) agrees to pay to the Company/ MSA, applicable
maintenance charges in order to secure adequate provision of the maintenance services.

67. The Applicant(s) understands that for the mutual benefit and enjoyment of the owners of
Commercial Units in the Project and in accordance with the concept / design promulgated
by the Company, there will be regulations / restrictions in change of structure, facade,
regulations relating to usage of common lobbies, stair cases of adjoin units, lift lobbies of
adjoining units etc. The Applicants(s) understand that the same is for mutual benefit of the
Commercial Unit owners and is a fundamental part of the Project. The Applicants(s)
consent to signing / agreeing to the terms / conditions in this regard as may be captured in
the Agreement for Sale by the Company.

68. The Company may raise upon the Applicant(s) appropriate demand notices for the
payment of the Total Consideration Value and other charges as are the part of the Total
Consideration Value.

69. The Company may at its own discretion, enable the formation of multiple societies
comprising of multiple separate Buildings on the Project Land, as the case may be.

70. The Applicant(s) is not vested with any right, interest or entitlement in or over the
Commercial \Unit, until a formal agreement for sale (“Agreement for Sale”) is executed
and registered between the Company and the Applicant(s) under the Applicable Laws
within the timelines stipulated by the Company. The term “allot” or “allotment” or
“Allotment Letter” wherever included in the Application Form shall always mean
“Provisional Allotment” until the Agreement for Sale is executed and registered by the
Company and the Applicant(s). Further, the Applicant(s), as and when called upon by the
Company, undertakes to be present for registration of the Agreement for Sale, as may be
required under the Applicable Laws, at the office of concerned sub-registrar of assurances.
The Applicant(s) hereby agrees, confirms and undertakes to come forward and register the
Agreement for Sale of the Commercial Unit failing which the Company shall without
prejudice to any other rights be entitled at its sole discretion to (i) charge Interest to the
Applicant(s) and/or (ii) cancel this Application Form / Allotment Letter and forfeit various
amounts paid/due from the Applicant(s), subject to the provisions/limits as prescribed in
the Applicable Laws.

71. Applicants(s) shall grant all the required assistance to the Company including signing of
the agreements, deeds, declarations, consent(s) and other writings as and when demanded
by the Company for lawful transfer of the said Commercial Unit.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
72. The Applicant understands that the present Application and Allotment is non-transferrable/
non-assignable. Subject to the applicable Law, the permission to allow transfer/
assignment/ nomination/ substitution shall be at the sole discretion of the Company, which
may grant or refuse such permission. The Company shall charge an administrative fee, as
may be decided by the Company from time to time, for such transfer/ assignment/
nomination/ substitution and the transfer/ assignment/ nomination/substitution shall be
effected in a manner and as per procedure as may be formulated by the Company. The
Applicant and the transferee/ assignee/ nominee/ substitute shall be required to submit such
necessary documents in the formats as may be required by the Company for such transfer/
assignment/ nomination/ substitution. Any transfer/ assignment/ nomination/ substitution
by the Applicant without the prior permission/ approval of the Company shall be treated
as null and void and such transfer/ assignment/ nomination/ substitution shall not be
binding on the Company.

73. The Applicant understands and agrees that although the Applicant may obtain finance from
any bank/ financial institution/ Non-Banking Financial Company/ other lending
institution/ lending entity or any other lawful source for the purchase of the Commercial
Unit as may be permissible under applicable law however the obligation to make timely
payments for the Commercial Unit pursuant to the Agreement shall be that of the Applicant
and shall not be contingent upon the ability, capacity or competence of the Applicant to
obtain or continue to obtain such financing. The Applicant shall, regardless of any
financing, remain bound under the Agreement for fulfilling all obligations relating to the
payments of all dues relating to the Commercial Unit. The rights of the bank/ financial
institution/ Non-Banking Financial Company/ other lending institution/ lending entity
shall be subservient or equivalent to the rights of the Applicant under the Agreement and
shall not be more or better than that of the Applicant. The Applicant agrees and understands
that the Company shall not be under any obligation whatsoever to make any financial
arrangements for the Applicant and the Applicant shall not omit, ignore, delay, withhold,
or fail to make timely payments due and payable to the Company in accordance with the
Payment Plan on the grounds of non-availability, rejection, non-disbursement, delay in
sanction or disbursement of any bank loan or finance and/ or for any reason whatsoever
and if the Applicant fails to make timely payments due to the Company, then the Company
shall have the right to exercise all the rights and remedies as available to it under the
applicable law. In the event any loan facility has been availed by the Applicant, the
Conveyance Deed shall be executed only upon receipt of the no-objection certificate from
such bank/ financial institution/ Non-Banking Financial Company/ other lending
institution/ lending entity. Further, any refund to be made in terms of the Agreement, shall
be made to the Applicant strictly in terms of the financial arrangement and understanding
and the lending facility agreement entered into between the Applicant and his/her/its bank/
financial institution/ Non-Banking Financial Company/ other lending institution/ lending
entity from whom the Applicant has raised loan/ finance for purchase of the Commercial
Unit. In cases of any such refund being made by Company directly to the bank/ financial
institution/ Non-Banking Financial Company/ other lending institution/ lending entity, the
same shall be deemed as a refund to the Applicant in full and final satisfaction and
settlement of account of the Applicant in respect of and in relation to the Commercial Unit
against the Applicant as well as such bank/ financial institution/ Non-Banking Financial
Company/ other lending institution/ lending entity and no other claim, monetary or
otherwise shall lie against the Company and the Commercial Unit. Save and except in the
case of any bank/ financial institution/ Non-Banking Financial Company/ other lending
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
institution/ lending entity with whom any agreement has been separately executed for
financing the Commercial Unit, if any, the Company shall not accept any payments on
behalf of the Applicant from a Third Party, unless the same is accompanied with a no-
objection certificate from such Third Party as per the approved format of the Company,
failing which the Company may in its sole discretion reject the same and return the said
payment directly to said Third Party. The Company shall not be responsible towards any
Third Party that has made payments or remittances to the Company on behalf of the
Applicant and any such Third Party shall not have any right, title and/ or interest against
Commercial Unit and/ or under the Agreement whatsoever. The Company shall
communicate only with the Applicant and shall issue its payment receipts only in the name
of and to the account of the Applicant.

74. Prior to handover of possession, the Applicant and the Company agree to conduct a joint
inspection of the Commercial Unit so that in the event of any incomplete works, defects
and/or poor workmanship therein, the same can be attended to by the Company. If the
Applicant ignores, neglects or otherwise fails to do so and/ or if the Applicant fails to pay
all dues payable under the Agreement and/ or to assume possession of the Commercial
Unit within such prescribed time period, the Applicant shall not be entitled to make any
such claim at any point thereafter. The Applicant agrees that it shall resolve complaints, if
any, with regard to the construction or quality of workmanship of the Commercial Unit
which have been directly executed by the Company, prior to assuming possession. The
Applicant also agrees and understands that the Company shall not be held responsible or
liable for giving any warranty of movable items/ appliances which have been part of the
Commercial Unit and for which manufacturer of the said items is responsible such as air
conditioners, fittings, fixtures cables, wires, bulbs etc. as the same shall be governed by
the terms and conditions of the manufacturer and warranties attached thereto, provided the
Company has taken reasonable quality checks and balances at the time of their installation.
The usage of all the fixtures, fittings and other installations whether in terms of the
Agreement or otherwise shall be as per the usage guidelines as provided by the Company/
the manufacturer/ the Maintenance Agency/ the Association of Allottees.

75. From the date of taking over of possession, the Applicant shall be responsible to comply,
and cause compliance by his/her/its occupants, representatives and/ or any other person
claiming under him/her/it, with all applicable laws and provisions of the Conveyance Deed
and the maintenance agreement.

76. Upon receiving a written intimation i.e. the Notice for Offer of Possession from the
Company, the Applicant shall take possession of the Commercial Unit from the Company
by executing necessary indemnities, undertakings and such other documentation as
prescribed in the Agreement, and the Company shall give possession of the Commercial
Unit to the Applicant as per the terms and conditions of the Agreement. In case the
Applicant fails to comply with the essential documentation, undertaking etc. and/ or fails
to take possession within the time provided, then (i) the Applicant shall continue to be
liable to pay the specified dues (including the applicable maintenance charges and the
holding charges @ Rs. 100/- (Rupees One hundred Only) per sq. ft. per month of the Carpet
Area of the Commercial Unit (“Holding Charges”) for the entire period beyond such
period as provided for in the Notice for Offer of Possession within which the Applicant
has been advised to take the possession; and (ii) the Company shall postpone the execution
of Conveyance Deed and handing over possession of the Commercial Unit until the entire
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
outstanding dues along with interest for delayed payment, applicable maintenance charges
and holding charges as may be applicable thereon, have been fully paid. Such Holding
Charges shall be a distinct charge unrelated to and in addition to the maintenance or any
other charge. If the Applicant fails to pay all dues payable and/ or to assume possession of
the Commercial Unit within the prescribed time period, the Commercial Unit shall be
and remain at the sole risk and cost of the Applicant. Maintenance charges with respect to
the Commercial Unit shall be applicable and payable by the Applicant with effect from
the last date given in the Notice for Offer of Possession, irrespective of whether the
possession of the Commercial Unit has been assumed or not by the Applicant.

77. The Applicant upon possession shall join the Association of Allottees as may be registered/
formed under the Haryana Societies Registration Act, 2012 and Haryana Apartment
Ownership Act, 1983 by the Company and as provided for under the Act and Rules and
shall not form/ or join/ become part of any other association/ society in respect of the
Commercial Unit or the Project. The Applicant agrees to execute such forms, applications
or documents for the purpose of becoming a member of the Association of Allottees or for
any other purposes connected thereto as may be necessary.

78. Power back-up for the installed electrical load for the Commercial Unit shall be made
available subject to timely payment of maintenance charges and Electricity Charges by the
Applicant.

79. In case any structural defect or any other defect in workmanship, quality or provision of
services or any other obligation of the Company as per the Agreement relating to such
development is brought to the notice of the Company within a period of 5 (five) years by
the Applicant from the date of handing over possession (as per the terms of the Notice for
Offer of Possession), it shall be the duty of the Company to rectify such defects without
further charge, within 90 (ninety) days, and in the event of the Company’s failure to rectify
such defects within such time, the aggrieved Applicant shall be entitled to receive
appropriate compensation in the manner as provided under the Act. Provided, the
Company shall not be liable for any such structural/ architectural defect which result from/
induced by: (i) the Applicant, by means of carrying out structural or architectural changes
from the original specifications/ designs; or (ii) any act, omission or negligence attributable
to the Applicant or non-compliance of any Applicable Laws by the Applicant; or (iii)
ordinary wear and tear in due course. Provided further, in case any such structural defect
or any other defect in workmanship, quality or provision of services by the Company at
Project, reasonably and in the ordinary course requires additional time beyond the said 90
(ninety) days having regard to the nature of defect, then the Company shall be entitled to
such additional time period.

80. The Maintenance charges shall be fixed by the Maintenance Agency based upon an
estimate of the maintenance costs to be incurred for the Commercial
Building/Complex/Said Project, as the case may be, for every financial year and would be
levied from the date of Notice for Offer of Possession regardless of the actual date of
possession or otherwise and the Applicant undertakes to promptly pay the same. The
Company shall be responsible for payment of all outgoings till the date of physical
handover of possession of the Commercial Unit, thereafter the Applicant shall be
responsible for such payment. The estimates of the Maintenance Agency shall be final and
binding upon the Applicant. The maintenance charges shall be recovered on such estimated
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
basis, from all Allottees chargeable on uniformly applicable rates, on monthly or at
quarterly intervals or at half yearly basis or at annual basis, as may be decided by the
Maintenance Agency and reconciled against the actual expenses as may be determined at
the end of the financial year and any surplus/ deficit thereof shall be carried forward and
adjusted in the maintenance bills of the subsequent financial year. The Applicant agrees
and undertakes to pay all maintenance bills on or before the due dates as may be intimated
by the Maintenance Agency.

81. The Company shall have the right, at its sole discretion and without any prior consent,
concurrence or approval of the Applicant to make any alterations, additions, improvements
or repairs, whether structural or non-structural, interior or exterior, ordinary or
extraordinary, in relation to any unsold Commercial Unit within the Project, as per the
Applicable Laws and guidelines, permissions/ directions or sanctions by the Competent
Authority and the Applicant agrees not to raise any objection or cause any impediment to
or hindrance in or to make any claim or compensation in this regard.

82. The development of the Said Project, as the case may be, is subject to further expansions
as permissible under the RERA Act, the H-RERA Rules and Applicable Laws after
following the process and procedure as laid down and advised in this regard by the
Competent Authorities. Future permissible expansion shall be an integral part of the Said
Project itself, therefore, the Company as per the RERA Act, H-RERA Rules and
Applicable Law shall be entitled to conjoint various facilities and amenities such as power
back-up, water supply, sanitary and drainage fittings etc. with the presently approved
facilities and amenities.

83. In case the Applicant is liable to pay any fee or commission or brokerage to any person for
services rendered by such person to the Applicant in respect of the Commercial Unit (in
short ‘Indian Property Associate/ Channel Partner’), the Company shall in no way,
whatsoever, be responsible or liable for the same and no such fee, commission and/or
brokerage shall be deductible from the amount of Total Consideration Value agreed to be
payable towards the Commercial Unit. Further, no such person shall in any way be
construed as an agent of the Company and the Company shall in no way be responsible or
liable for any act of omission or commission on the part of such person and/or for any
representation, undertaking, assurance and/or promise made/ given by such person to the
Applicant. The Applicant agrees, undertakes and affirms not to initiate any legal
proceedings whatsoever against the Company and its respective Directors, officers, agents
and representatives, for the acts of commission or omission on the part of the Applicant’s
Indian Property Associate/ Channel Partner/ third party and for any loss, damage or
liability that may arise due to non-payment, non-observance or non-performance by such
Applicant’s Indian Property Associate/ Channel Partner/ third party and persons claiming
through or under them and shall keep the Company and its respective Directors, officers,
agents and representatives fully indemnified and harmless in this regard.

84. The Company shall not be responsible or liable to any third party making payments or
remittances to the Company for and on behalf of the Applicant and such third party shall
not have any right or claim in this Application or the allotment and/or against the
Company. The Company shall issue its payment receipts only in favor of the Applicant
and shall communicate only with the Applicant. The Applicant shall alone be directly and
_________________ _________________ _______________
(First/Sole Applicant) (Second Applicant) (Third Applicant)
completely responsible and liable for any such payment/ remittance that the Company may
receive from any third party.

85. All the terms and conditions, rights and obligations of the Applicant as contained
hereunder shall be subject to the provisions of RERA Act and H-RERA Rules and
Applicable Law. The exercise of such rights and obligations shall be subject to the
provisions of RERA Act (read with the H-RERA Rules) and regulations made thereunder
and the applicable law. Any such provision which is inconsistent or contradictory to RERA
Act (read with the H-RERA Rules and regulations made thereunder and the applicable
law) shall not have any effect and shall deemed to be void ab initio. The Applicant has
confirmed having read and understood the provisions of the applicable Acts/ Rules and
their implications thereof in relation to the Said Project and has further confirmed to
comply, as and when applicable and from time to time, with any statutory enactments,
amendments or modifications thereof and the provisions of any other Law dealing with the
subject matter of this Application/ Commercial Unit.

86. An Application not containing PAN details of the Applicant and other required details is
liable to be summarily rejected. The Application should be signed by the Applicant, or by
the Applicant's registered Power of Attorney holder. Similarly, in the case of a Company/
LLP/ Partnership/ Society/ Trust applying for a Commercial Unit, the Application should
be signed by its duly authorized person(s) and must be accompanied by a corresponding
Board Resolution/ Authorization.

87. The Applicant(s) shall bear and pay the Stamp Duty (if applicable) and registration charges
payable on the Agreement for Sale and Conveyance Deed to be executed in pursuance
hereof including any incidental expenses for registration, all documents to be executed in
pursuance to this including Deed of Conveyance and/or other vesting document of the
Commercial Unit in favour of the Applicant(s).

88. The Applicant(s) hereby undertake to indemnify and keep the Company and their
respective Directors/ Officals/office bearers indemnified against any losses, damages,
charges and expenses suffered by them on account of breach of any of the terms and
conditions herein by the Applicant(s).

89. All the notices / communication to be served upon the Applicant(s) as contemplated under
these presents shall be deemed to have been duly served, if the same is sent by Email
/Courier / Registered A.D. / Speed Post / hand delivery to the Applicant(s) at their address
contained in these presents. In case of any changes in the Applicants(s) address, the same
shall be communicated to the Company by the Applicant(s) at least 10 (Ten) days from
such change. Any delay or default in this behalf by the Applicant(s) shall not concede any
extension of time or excuse for non-payments or non-receipt of any
letters/correspondences addressed to the Applicant(s).

90. If there is more than one applicant named in this Application Form, all obligations
hereunder of such applicants shall be joint and several. All communications shall be sent
by the Company to the First Applicant whose name appears first and at the address given
by him/her/it which shall for all intents and purposes to consider as properly served on all
the Applicants.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
91. The Applicant(s) have clearly understood the terms and conditions contained herein and
unconditionally agree to abide by the same.

92. The signatory to the Application is accepting the terms and conditions of these presents
for himself / herself/ themselves / draws complete authority to sign / accept the contents
of these presents on behalf of the Applicants. The Company shall be in no way responsible
in case the authority of the said signatory/ies is not valid.

93. The Applicant(s) is/are aware that the contents of these presents shall supersede all other
writings, Advertisements, brochures, leaflets and other sales materials and / or any other
documents and shall be deemed as final and binding on parties hereto.

94. The Applicant(s) is/aware that all the aforesaid terms and conditions are applicable and
binding upon its respective nominees/legal heirs, executors, successors and assigns.

95. The Applicant(s) acknowledges that it has not relied upon the interiors depicted / illustrated
in marketing collaterals /the sample Commercial Unit mock Commercial Unit and its
colour, texture, the fitting(s) / fixture(s) or any installations depicted therein and
understand that the same is shown only as a suggested layout without any obligation on
the part of the Company to provide the same.

96. That due to change/ amendment in the existing Laws, Acts, Rules or due to
implementation/ enactment of any new laws/ rules by the local bodies, State Government,
Central Government or by any competent authorities any term(s) and condition(s)
contained in this Application Form becomes inoperative and/or illegal and void, then it is
agreed and confirmed that, save and except the said term(s) and condition(s), the rest of
the terms and conditions shall remain operative, legal, effective and binding on the parties
hereto.

97. This Application shall be governed and interpreted by and construed in accordance with
the laws of India. Subject to term hereinafter, the Haryana Real Estate Regulatory
Authority at Gurugram, alone shall have exclusive jurisdiction over all matters arising out
of a relating to this Application.

98. All or any disputes arising out of or touching upon or in relation to the terms and conditions
of this Application, the Allotment Letter and the Agreement, including the interpretation
and validity of the terms thereof and the respective rights and obligations of the Parties,
shall be settled amicably by mutual discussion within 30 (thirty) days, failing which the
same shall be settled through the adjudicating officer appointed under the provisions of
RERA Act (read with the H-RERA Rules and HARERA Regulations made thereunder).

99. For all purposes the present Application Form is deemed to have been signed and executed
in Gurugram, Haryana.

100.The Company has the right to conduct Know Your Customer (KYC) Verification of the
Applicant by its authorized representative based on the information provided in this
Application. It is the sole responsibility of the Applicant to provide the updated
information, if any, from time to time.

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
101.The Applicant(s) acknowledges that the Agreement for Sale contains detailed terms and
conditions of the sale of the Commercial Unit. In the event of any contradiction between
terms of either this Application or the Agreement for Sale, the terms and conditions
embodied in the Agreement for Sale shall prevail.

I/ We have fully read and understood the above mentioned terms and conditions and agree,
confirm and declare to fully abide by the same. I/ We understand that the above mentioned
terms and conditions are binding in nature and are also indicative of the terms and conditions
of the Agreement which shall be comprehensively elucidated and delineated in the Agreement.
I/ We the Applicant do hereby declare that my/our Application is irrevocable.

I/ We hereby confirm and agree that the Company shall be liable and responsible only for and
in relation to the written communication through it authorized personnel and the Company, its
officials and authorised representatives shall in no manner be liable and bound by any
communication in any form exchanged between the Applicant and real estate agent and/or any
third parties and/or Person and / or any agreement or understanding arrived at with the aforesaid
persons.

I/ We am/ are fully conscious that it is not obligatory on the part of the Company to send any
reminder/ notice in respect of my/ our obligations as set out in this Application and as may be
mentioned in the Agreement and I/ we shall be fully liable for any consequences in respect of
any default in not abiding by the terms and conditions contained herein and/or as may be
contained in the Agreement. The Company has readily provided all explanations and
clarifications to me/ us as sought by me/ us and after giving careful consideration to all facts,
terms and conditions. I/ We have now signed this Application and paid the amount being fully
aware and conscious of my/ our duties, liabilities and obligations. I/ We further undertake and
assure the Company that in the event of rejection of the Application and/or cancellation of my/
our booking or allotment, I/ we shall have no right, claim interest or lien on the Commercial
unit, if any.

___________________________________ ___________________________________
Signature of Sole/First Applicant Signature of Second Applicant (if any)

_________________________________
Signature of Third Applicant (if any)

Date_________________________ Place_________________________

_________________ _________________ _______________


(First/Sole Applicant) (Second Applicant) (Third Applicant)
I/ We are the applicant(s)/ allottee(s) of Commercial Unit bearing No. __on the
level (‘Unit’) in the Project “M3M Atrium57” (“Project”), being developed by Paryapt
Infrastructure Private Limited (hereinafter referred to as the‘Company’) in Block-H, Sushant Lok-
III, Gurugram, Haryana

Name and Signature of applicant(s)/ allottee(s)


This is to inform you that the approved layout plan(s) of “M3M Atrium57”, a Commercial
project situated in Block-H, Sushant Lok-III, Gurugram, Haryana, India, being developed by the
Company is/are proposed to be revised as per the applicable laws, bye-laws in compliance with
the approvals/ permissions granted by the Competent Authority(ies).

I/ We have carefully examined and compared the earlier approved layout plan(s) with the one
now under revision in respect of the Commercial Unit allotted to me/ us and the applicable
central/ state laws, policies, guidelines and the permissible norms and other regulatory
framework of the competent authority(ies) and after satisfying myself/ourselves, I/we hereby
undertake and agree that I/ we do not have any objection in this regard to the proposed revision/
amendment/ modification/ alteration and I/ we shall not also object to the same at any time and
hereby give my/our explicit, unconditional and irrevocable consent thereto.

Thanking you,
Yours faithfully,

Name and Signature of applicant(s) / allottee(s)


Dated: ………………..
To
…………………………………………………………………
………………………………………………………………….
…………………………………………………………………...
……………………………………………………………………..

Ref: Public Notice


Subject : Grant of No Objection/ Consent to modification(s) in Approved Building Plan in
Project situated at Block-H, Sushant Lok-III, Gurugram, Haryana.

Dear Sir/ Ma’am,

I/ We am/ are the allottee/s of Commercial Unit No. ……………………… situated on the ……………….Level
in the ___________ Block having carpet area …………………sq. mtrs. (………… sq.ft.) (“Unit”) in the
Project “M3M Atrium57”, an integral part / block / constituent / segment / phase of the Residential
colony situated in Block-H, Sushant Lok-III, Gurugram (Gurgaon), Haryana, India being developed by
the Company.

I/ We have seen the Public Notice issued by the Company in the newspapers whereby the Company
has sought to revise the Approved Layout Plan/ Building Plan. In this regard, I/ we further confirm
and acknowledge that I/ we have carefully seen, viewed and considered the Revised Layout Plan/
Building Plan (annexed herewith as Annexure A) shown to me/ us in the Company’s office and also
available on its website. I/ We have noted the modification in the said plans and after satisfying
myself/ ourselves, I/ we hereby undertake and agree that I/ we do not have any objection to the
same and I/ we shall not also object to the same at any time and hereby give my/ our explicit,
unconditional and irrevocable consent thereto.

I/ We further acknowledge and confirm that the Company shall have absolute right to get the
Approved Layout Plan, Building Plan or any other application approved from the Competent
Authorities, with respect to the future development, utilisation of balance FAR, transfer of
development rights, migration of land, including construction of additional area, whether on account
of revision of the building plans, increase in the licenced area of the Commercial Colony or on
account of increase in Floor Area Ratio (FAR), units, height, number of floors, ground coverage,
green areas, parking areas etc., as per permissible policies of the Competent Authorities.

That in view of above, I/ we hereby unconditionally and irrevocably grant my/ our consent to, agree
and accept modification/ alteration in the Approved Layout Plan/ Building Plan and hereby convey
my/ our express No Objection/ Consent to revision being sought to the Approved Layout Plan/
Building Plan.

Thanking You,
Yours Faithfully,

(Name and Signature of allottee/s)


Address of the Allottee ……………………………………………………………………………………………………………………..

Contact No…………………………………..
To,
Paryapt Infrastructure Private Limited
Unit No. SB/C/2L/Office/017A,
M3M Urbana Sector-67,
Gurugram Manesar Urban Complex,
Gurugram - 122102 Haryana India

Subject: Consent to/ acceptance of variation/ alteration in allotment of the Commercial Unit in the
project “M3M Atrium57” at Block-H, Sushant Lok-III, Gururgram (Haryana).
Sirs,

In response to the Public Notice in the Newspaper “ ....................................................................” dated


…………………… thereby seeking objections, if any, from the existing allottees of the ‘M3M
Atrium57’, a project in Block-H, Sushant Lok-III, Gurugram, Haryana, I/ we hereby confirm,
consent to and declare as follows:-

1) I/ we a m / are the allottee(s) of Commercial Unit No. in Tower No. ,


(hereinafter referred to as the “Unit”) having a carpet area of approx. sq. mtr./
sq. ft.

2) I/ We have seen, viewed and considered now in-principle approved revised plans vide DGTCP
Memo No. dated for the Commercial Unit allotted to me/
us.

3) Further to my/ our discussions with the authorized representatives of the company, details and
variations/ revisions have been explained to me/ us to my/ our complete satisfaction and the
same are acceptable to me / us as per the terms and conditions already communicated to me/ us
at the time of initial booking of the Unit in ‘M3M Atrium57’, without any demur and protest, as
the same fully takes care of all my/ our rights and interest and all our concerns in the project.

That in view of above, I/ we hereby unconditionally consent to, agree and accept variation/ alteration
and hereby convey my/ our No Objection to the proposed revision of the plans.

Thanking you,

Yours faithfully,

( )
Dated: ………………..
To

…………………………………………………………………
………………………………………………………………….
…………………………………………………………………...
……………………………………………………………………..

Subject : Grant of No Objection with respect to future development in the Project/Project


Land.

Dear Sirs,

I /We am / are allottee/s of Commercial Unit bearing Unit No.……………………… situated on


……………….floor, having carpet area ………………… sq.ft. (“Unit”) in ‘M3M Atrium57’
(“Project”) at Block-H, Sushant Lok-III, Gurugram (Gurgaon) developed by the Paryapt
Infrastructure Pvt. Ltd. (“Company”).

I/We had been offered the possession of the Unit in the Project, and upon being satisfied with the
construction of the Unit and confirming that the same has been constructed in accordance the
approved building plans, regulations and policies, I/we have accepted the possession of the Unit.

That my/our right, interest and claim in the Project is limited to the Unit and proportionate
right/interest in the Common Areas of the Project, which has been duly delivered to me/us. I/we have
no objection to any such future construction that may be carried out by the Company or any associate
of the Company as per the applicable laws and permissions from the concerned competent authorities.

I/We acknowledge that the common areas of any future phase may be connected with the existing
common areas of the Project, and the future occupants of any future phase may be given access to the
existing facilities of the Project, subject to receipt of relevant permissions from the Competent
Authority/ies, and further accord my/our prior acceptance and No-Objection to the same.

I/We further acknowledge and undertake not to raise any objections with respect to but not limited to
use of Floor Area Ratio (“FAR”) for the future development, transfer of development rights,
migration of unused land/land reserved for future development, TOD, increase in the licensed area of
the Project etc. and further accord our prior no-objection to the Company dealing with all the above at
its own discretion.

I/we further acknowledge and confirm that the Company shall have absolute right to get the revised
Layout Plan, Building Plans or any other application approved from the Competent Authorities, with
respect to the future development, utilisation of balance FAR, transfer of development rights, TOD,
migration of land, including construction of additional area, whether on account of revision of the
building plans, increase in the licenced area of the Project or on account of increase in FAR, units,
height, number of floors, ground coverage, green areas, parking areas etc., as per permissible policies
of the Competent Authorities.

Thanking You,
Yours Faithfully,
(Name and Signature of allottee/s)
Address of the allottee
……………………………………………………………………………………………………………
………..

Contact No…………………………………..
Dated:
To,
M3M India Pvt. Ltd.
Unit No. SB/C/5L/Office/008,
M3M Urbana, Sector-67,
Gurugram Manesar Urban Complex
Gurugram HR 122102

Re:- REQUEST FOR TRANSFER OF AMOUNT AGAINST EXPRESSION OF INTEREST


AGAINST THE DEVELOPED COMMERCIAL UNIT IN PROJECT OF M3M, UNTO
UNIT NO. ___________, PROJECT ‘M3M ATRIUM57’ AT BLOCK-H, SUSHANT LOK-
III, GURGAON (“PROJECT”) HARYANA.

Dear Ma’am/ Sir,

I/We, the undersigned have the following transactions with the Company as detailed below:

Expression of Interest Bearing No. __________ for a Commercial Unit (“EOI”) in a project of the
Company in the name of _____________, S/o __________ (“Signee”). That, I/we had tendered an
aggregate sum of Rs.__________/- (Rupees ________________ only) as Consideration towards the
EOI (“Consideration”).

I/We are seeking to be allotted a commercial Unit bearing No. ____________ in the ‘M3M Atrium57’
project located at Block-H, Sushant Lok-III, Gurgaon, Haryana (‘Unit’) being developed by Paryapt
Infrastructure Private Limited, being an associate company of M3M India Pvt Ltd.

Owing to certain circumstances & financial constraints, I/we am/are not in a position to hold and continue
with the EOI. Hence, I/We hereby request for cancellation of the EOI.

I/We further request that the Consideration paid in respect of the EOI, subject to deductions, as
applicable, amounting to Rs. _______/- (Rupees ________________ only) which is due to be refunded to
me/us pursuant to the cancellation, be transferred to Paryapt Infrastructure Private Limited towards the
consideration in respect of the EOI and be adjusted against the payment instalments due in respect of such
Unit.

I/We acknowledge that if the Company accepts my/our request, it will be a one-time exceptional case, as
a gesture of goodwill by the Company. I/We further undertake to execute all documents, forms, and do all
acts and deeds necessary to implement the above actions and bring the matter to closure.

I/we undertake to comply with all applicable laws (including but not limited to the Income Tax Act, 1961)
and further undertake to keep the Company indemnified in all respects and by all means, in case of any
consequential action/ claim, if any arise, in pursuance of acceding and acting upon my/our request for
such revocation/cancellation of allotment and transfer of funds thereto.
I/we shall hold no interest/ rights/ claims of whatsoever nature in the EOI and the same shall be absolutely
at the disposal of the Company to deal with the same as may be deemed fit by the Company.

I/we state that we are making this request with our free will and undertake to execute all necessary
documents in furtherance to this request.

Yours sincerely,

Signee:
M3M India Pvt. Ltd
Unit No. SB/C/5L/Office/008,
‘M3M Urbana’, Sector-67, Gurugram Manesar Urban Complex,
Gurugram (Gurgaon) 122102, Haryana
Dated: __________________

Subject: Request for transfer / adjustment.

Madam / Sir,

I/we have made an Expression of Interest (EOI) for booking of a unit in one of the delivered projects
developed by your Company/group Company and have tendered an aggregate sum of ₹
_________________/- as part payment towards the booking of the Unit.

I/we have a requirement for Commercial Unit and, I/we wish to continue my/our association with your
company/group company as I/we are keen to make investment in a project which I/we have come to know
is being developed by you/your group company.

I/we have reviewed my/our preferences and other options available with the Company and have approached
for the booking and allotment of a Commercial Unit bearing Unit No. _________________ in Block
_________________, Floor_______________ (the “New Unit”) in “M3M Atrium57” (‘Project’),
located in Block-H, Sushant Lok-III,, Gurugram, Haryana, India , being developed by you/your group
company.

I/we hereby request for transfer/adjustment of all sums of money as paid by me/us at the time of EOI unto
the account of the New Unit.

It is absolutely understandable that the Company’s acceptance of such request shall be an exceptional case
by way of one time goodwill gesture. In the event the request is accepted, please share necessary
documentation with me/us.

I/We confirm, undertake and assure that upon acceptance of my/our request for transfer, I/we shall be
contractually bound by all the terms and conditions as stated in the application form, allotment letter and/or
as detailed in the Buyers Agreement/Sale/Conveyance Deed to be executed for the New Unit.

I/We further declare and confirm that the aforesaid information is true and correct and the Company/group
Company shall not be liable or responsible in any manner whatsoever for the aforesaid adjustment or its
consequences, which shall be carried out on my/our request.

Thanking you,

Yours faithfully,
Dated: [____]
To,
[insert name & address of the Transferee Company]
(“Company”)

Ref: Commercial Unit bearing no. [_____] in the project ‘M3M Atrium57’ located at
Block-H, Sushant Lok-III, Gurgaon, Haryana (“Unit”).

Sub: Intimation - transfer of funds from M3M India Pvt. Ltd on my/our behalf.

Dear Ma’am/ Sir,

We hereby wish to inform you that pursuant to my/our express request, M3M India Pvt. Ltd.
has agreed to cancel the expression of interest and transfer the funds lying in the account of
such EOI, towards the sale consideration for the Unit.

Accordingly, you are kindly requested to accept the amount of Rs. [____] towards the
Commercial Unit to be allotted to me/us.

I/we hereby confirm that I/we have no objection to such transfer of amount being made to
you by M3M India Pvt. Ltd. on my/our behalf, in respect of the Commercial Unit.

I/we also undertake to execute such documents which are necessary for enabling the said
transfer of amount.

Yours sincerely,

For Allottee
APPOINTMENT & AUTHORISATION LETTER
To,

M3M Lease Management Services Pvt. Ltd.


LGF, F-22, Sushant Shopping Arcade,
Sushant Lok, Phase-I, Gurugram,
Haryana India, 122002.

Sub. : Commercial Unit bearing Unit No. with carpet area of approx.
______ sq. ft./ ______sq. mtrs. (“said Unit”) in the commercial
project ‘M3M Atrium57’ forming part of the larger residential colony, situated in
Sector- 57 Block-H, Sushant Lok-III,, Gurugram, Haryana, India (“Project”) allotted
vide Allotment Letter dated _____ (“Allotment Letter”) –

Subject: Appointment/Authorisation Letter.

Dear Sir / Madam,

This is in reference to the captioned subject. I/We have been allotted the said Unit in the Project
developed by Paryapt Infrastructure Private Limited (“Promoter”) on agreed terms & conditions.

I/We, hereby confirm that I/we am/are purchasing the said Unit with the intention and purpose of
leasing/licensing/other similar arrangement of/for the same, either independently and/or in
consolidation with adjoining units on the same floor and/or other floors of the Project, to interested
individuals/entities, to earn income on/from the said Unit. However, I/we am/are not from the field
of real estate and I/we do not have the expertise, knowledge or experience to identify/obtain
reasonable leasing/letting-out options and reasonable rentals/fees for the said Unit.

Accordingly, I/we wish to engage and appoint you and avail your services to identify a suitable
lessee/licensee/tenant etc. and arrange for the leasing/licensing/similar arrangement of the said
Unit, either independently and/or in consolidation with other units of the Project, on my/our behalf,
on such terms as deemed fit & proper and to manage the said Unit on my/our behalf (subject to
agreed & accepted deductions) (“Services”). I/We agree to enter into definitive document(s)
setting out the terms and conditions in relation to the leasing/licensing/similar other arrangement
including but not limited to the Facilitation Agreement. For the arrangement agreed to, I/we hereby
grant you the authority to identify the tenants, lessees, licensees etc., negotiate with them, decide
the terms and conditions including without limitation to rental/fee/costs etc. for the said Unit and
execute the entire paperwork for the effective leasing/licensing/letting out the said Unit for and on
my/our behalf and to provide the Services.

In consideration of the leasing/licensing/similar arrangement function; its operation &management


and lease rental/licence fee/charges collection and disbursement functions to be performed by you
in respect of the said Unit, I/we agree to pay to you a fixed fee(s) for Services rendered at such
rates as mutually agreed to under the Facilitation Agreement. Under the said arrangement, I/we
understand, agree and confirm that we shall be entitled to a fixed/variable lease rental/licence
fee/rental on periodical basis, however, the costs & expenses associated with the leasing/licensing
etc. and/or the renewals and/or subsequent lease/licensing etc. thereof, and/or the continuance
thereof, shall be paid and borne by me/us including the brokerage fee/commission,
registration, stamp duty and other statutory charges (if any), fit-outs/improvement costs etc.
without any objection.

By way of this Letter, I/we hereby appoint and engage you to provide the Services in relation to
the said Unit and agree to execute all such documents and to do all acts, deeds and things necessary
to formalize and give effect to this appointment/engagement, including execution of the
Facilitation Agreement and provide the necessary authorizations in your favor in form of special
power of attorney and/or other such document(s) for empowering and enabling you to perform,
execute and/or carry out the Services on my/our behalf. I/we hereby agree that the rights and
obligations with regard to such appointment/engagement, the terms relating to the management
and leasing/licensing of the Unit (including but not limited to authorization, execution of
lease/licensing documents, collection of rent/ license fee, deduction towards fees, maintenance
cost of the Unit etc. and other components which is vital for the effective and efficient
leasing/licensing etc. of the said Unit in the manner as agreed to with you) shall be in accordance
with the Facilitation Agreement.

The appointment / engagement and the arrangement herein agreed to shall be subject to the
definitive agreement for the said Unit between me/us and the Promoter and its further execution
by the Promoter. If for any reason whatsoever, the aforesaid definitive agreement, is not completed
at my/our end, and/or the allotment of the said Unit in my/our name is cancelled/terminated then
this Letter, and any other document executed in relation to the Services, shall stand terminated
with immediate effect without any subsisting obligation and claim against you.

I/We undertake that I/we shall not either, by myself/ourselves or through any other person,
undertake the leasing/licensing of the said Unit and pursuant to your acceptance of this Letter in
relation to the Services, I/we agree and confirm that the exclusive right of the Services shall vest
in your favor and such acceptance shall be binding and enforceable.

Thanking You,

Acknowledged and accepted

Name: __________________
Address: __________________
__________________
__________________
Mobile No.: __________________
Email Id: __________________
Date:- __________________
Signature: __________________

WE ACKNOWLDGE THE CONTENTS OF THE ABOVE AND GIVE OUR CONCURRENCE TO THE SAME.
For M3M Lease Management Services Pvt. Limited
__________________________
(Designation ______________)

Dated: _________________
(TO BE EXECUTED ON NON-JUDICIAL STAMP PAPER OF RS. 100/- AND DULY
NOTARIZED)

FACILITATION AGREEMENT
THIS FACILITATION AGREEMENT (“Agreement”) is made and executed at

_______________on this _____ day of 202____ (“Execution Date”);

BY AND AMONGST

M3M LEASE MANAGEMENT SERVICES PVT. LTD., a company registered under


the provisions of Companies Act, 2013 and having its registered office at LGF, F-22,
Sushant Shopping Arcade, Sushant Lok, Phase-I, Gurugram, Haryana India, 122002
(hereinafter referred to as “Entity” which shall include, where the context so requires and
permits, its successors and permitted assigns) of the FIRST PART;

AND

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent
resident of and presently residing at
;
AND/OR
Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.
) son of/ daughter of/ wife of Mr. permanent
resident of and presently residing at
;

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent
resident of and presently residing at
;

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent
resident of and presently residing at
;
AND/OR
Mr./Ms./Mrs. son of/ daughter of/ wife of Mr.
permanent resident of
a
nd presently residing at _ carrying
on the business and trading as a Proprietor Firm, having its office at
acting through its Proprietor Mr./Ms./Mrs.
son/ daughter/ wife of Mr. (PAN No. ,
Aadhar/ UID No. );
AND/OR
4
, a Partnership Firm duly
registered under the Indian Partnership Act, 1932 with the office of the Registrar of Firm/
a Hindu Undivided Family/ a Limited Liability Partnership duly registered under the
Limited Liability Partnership Act, 2008 vide Registration No. (PAN No.
), having its principal place of business/ head office at
acting through its
authorized Partner/ Karta/ Authorized Signatory, Mr./Ms./Mrs. son/
daughter/ wife of Mr. (Aadhar No. / UID No.
) (copy of the resolution/letter of authority signed by all the partners to be
submitted along with the Agreement by the Allottee);
AND/OR
, a company incorporated
under the Companies Act, 1956 and existing under the Companies Act, 2013 and existing
under the Companies Act, 2013 (CIN # ,PAN No. ),
having its registered office at
, acting through
its duly constituted and authorized signatory, Mr./Ms./Mrs. , son/
daughter/ wife of Mr. (Aadhar No. / UID No.
) duly authorized vide Board Resolution dated / /20 , which is still valid,
subsisting and has not been revoked;
AND/OR
M/s. , a society registered
under the Societies Registration Act, 1860, (Registration No. , PAN No.
), having its registered office at
acting through its
duly constituted and authorized signatory, Mr./Ms./Mrs. , son/ daughter/
wife of Mr. (Aadhar No. / UID No. ), duly
authorized vide Board Resolution dated / /20 , which is still valid, subsisting and hasnot
been revoked;
AND/OR
, a Trust registered under
the Indian Trusts Act, 1882, (Registration No. , PAN No. ),
having its registered office at
, acting through
its duly constituted and authorized Trustee, Mr./Ms./Mrs. ,son/
daughter/ wife of Mr. (Aadhar No. / UID No.
) duly authorized vide Resolution dated / /20 , which is still valid,
subsisting and has not been revoked;

(hereinafter singly/jointly, as the case may be, referred to as the “Allottee”, which term or
expression shall, unless it be repugnant to the subject, context or meaning thereof, mean
and be deemed to mean and include in case of (i) individual/ proprietorship firm - the
Allottee’s legal heirs, legal representatives, executors, administrators, successors and
permitted assigns; (ii) partnership firm/ LLP/ HUF - all the partners of the Firm/ LLP/
Karta and each member of the HUF/ Firm/ LLP along with their respective legal heirs,
legal representatives, administrators, executors, successors and permitted assigns; (iii)
company/ society/ trust - its successor(s)-in-interest and permitted assign(s); as the case
5
may be) of the SECOND PART;

AND

PARYAPT INFRASTRUCTURE PRIVATE LIMITED (CIN No. U70109HR2020PTC090042, PAN


No. AALCP4951F), a company incorporated under the provisions of the Companies Act, 2013 having
its registered office at Unit No. SB/C/2L/Office/017A, M3M Urbana, Sector-67, Gurugram
Manesar Urban Complex, Gurugram-122102 (Gurgaon), Haryana,India and its correspondence
address is 6th Floor, ‘M3M Tee Point’, Sector-65, Gurugram Manesar Urban Complex, Gurugram
(Gurgaon) 122101, Haryana, India, represented by itsauthorized signatory Mr./ Ms./ Mrs.
son/ daughter/ wife of Mr.
(Aadhar No. )
authorized vide board resolution dated /_ /20 , (hereinafter referred to as “Promoter” which
expression shall include, where the context so requires and permits, include its successors and permitted
assigns) of the THIRD PART.

For the purpose of this Agreement, the Entity, Allottee and the Promoter shall hereinafter
collectively be referred to as “Parties” and individually as “Party”.

WHEREAS:

A. The Promoter is the sole, absolute and lawful owner of the land admeasuring
approximately 1.425 acres (5766.775 sq. mts.) situated in the Revenue Estate of
Village Tigra, Block-H, Sushant Lok-III, Sector 57, Gurugram (Gurgaon), Haryana,
India purchased vide conveyance deed duly registered as Document No. 9423 dated
08.10.2021 before the office of sub registrar - Wazirabad, Gurugram (“Project
Land”) from M/s Ansal Buildwell Limited for the purposes of developing a
Commercial Project comprising of commercial units hereinafter referred to as
(“Project”).

B. The Project Land isapart of larger Residential colony, being developed on the total
Land admeasuring 199.063 acres, out of which the Project Land is part of License
bearing no. 10-16 of 1996 dated 16.02.1996 obtained for land admeasuring 167.112
acres (“Licenced Land”) granted in favour of various land owners in revenue estate
of Village Tigra, District Gurugram

C. The Project M3M ATRIUM57” is a part of Residential Colony being developed on


Project Land admeasuring 1.425 acres situated in Block-H, Sushant Lok-III, Sector
57, Village Tigra, District Gurugram, Haryana.

D. The registration under Real Estate (Regulation and Development) Act, 2016 read
with Haryana Real Estate (Regulation and Development) Rules, 2017 has been

6
granted in the name of the Promoter on 29.11.2021 under Registration No.
RC/REP/HARERA/GGM/513/245/2021/81 by the Haryana Real Estate Regulatory
Authority at Gurugram, Haryana.

E. By way of allotment letter dated _ (the “Allotment Letter”), the


Promoter has allotted in favour of the Allottee, commercial unit bearing no. on
the Floor, in Block / Tower of the Project, having

carpet area of approximately square feet / square

meters (the said “Unit”) more particularly described in Annexure–I of this


Agreement. Pursuant to the above, the Promoter and the Allottee have entered into a
Buyer’s Agreement dated setting out the terms and conditions for
sale and transfer of the said Unit to the Allottee.

F. The Allottee represents that it / he / she / they have agreed and proceeded with the
purchase of the said Unit from the Promoter with the intention of
leasing/licensing/letting out etc. of the same either individually and/or in
consolidation with other units in theProject.

G. The Allottee acknowledges that since he/she/they/it is/are not from the field of real
estate and does not have the expertise, knowledge or experience to obtain the
reasonable leasing/licensing/letting-out/similar arrangement options and reasonable
rentals/fees/incomes for the said Unit, the Allottee has approached the Entity to
obtain the services of the Entity to offer the said Unit on lease/ leave & license
basis/other arrangement, either independently and/or in consolidation with other
units either on the same floor and/or other floors in the Project. In this regard, the
Allottee has made a request to the Entity vide his/her/their/its letter dated ______
to the Entity for appointing/engaging the Entity (“Appointment Letter”).

H. The Promoter being the developer of the said Project including the said Unit,
presently the rights, title and interest therein vest in the Promoter and in furtherance
of the Allotment Letter the said Unit stands allotted to the Allottee and the Allottee
has further executed Agreement for Sale//Unit Buyer’s Agreement dated for
the said Unit (the said “Unit Agreement”) and upon the due conveyance, grant,
transfer and assignment of the rights, title and interest in thesaid Unit will devolve
on and stand vested in the Allottee. The Promoter has agreedto be a Party to this
Agreement as a confirming party to confirm the arrangement and understanding
achieved between the Allottee and the Entity till the due execution ofthe Conveyance
Deed in favour of the Allottee.

I. The Parties are desirous of entering into this Agreement in furtherance of the
Appointment Letter for the purposes of recording the terms and conditions and
relationship between the Parties hereto and their rights and obligations in relation to
the subject matter hereof.

7
NOW THEREFORE IN CONSIDERATION OF THE MUTUAL COVENANTS
AND AGREEMENTS SET FORTH HEREIN AND FOR OTHER GOOD AND
VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF
WHICH IS HEREBY ACKNOWLEDGED, IT IS HEREBY AGREED BY AND
AMONGST THE PARTIES HERETO AS FOLLOWS:

1. PURPOSE OF THIS AGREEMENT AND APPOINTMENT / ENGAGEMENT


OF ENTITY

Pursuant to the arrangement and understanding between the Entity and the Allottee
and the Appointment Letter and subject to the terms set out in this Agreement, the
Allottee hereby confirms the appointment and engagement of the Entity and the
Entity has accepted such engagement/appointment and to act for and on behalf of the
Allottee and the Allottee has given and hereby confirms the exclusive and irrevocable
consent for the term of this Agreement to the Entity to do the following:
(a) To identify, find and connect a suitable tenant / lessee / licensee / third party,
as the case may be (“Proposed Party”) for the said Unit, either individually
and/or in combination with other adjoining units either on the same floor and/or
other floors in the Project.
(b) To discuss, negotiate, settle down and finalise the terms and conditions of such
lease, license, or similar arrangement etc., including renewal, extensions and
subsequent lease/licence etc. (“Proposed Transaction”) including but not
limited to term of the lease/license/similar arrangement, rentals/fee, security
deposit, escalations, maintenance charges, maintenance security,
administrative charges etc., and other terms thereof etc., as may be deemed and
considered proper by the Entity in its sole discretion having regard to the
overall aspects of the Project, areas in the vicinity and in consonance with the
good industry practice in the relevant sector.
(c) To sign, execute and deliver all the documents pertaining to the Proposed
Transaction with a view to give effect to the same for and on behalf of the
Allottee as per the terms of this Agreement and the Unit Agreement and to the
extent relevant and applicable and as the circumstances so warrant upon the
due execution of the conveyance deed for the said Unit;
(d) To appear and present all such documents as may be required and to do all such
acts and deeds as may be necessary for execution and registration of such
documents for the Proposed Transaction before the competent authorities,
subject to the terms and conditions as more particularly mentioned herein.
(e) To receive rent/fee/other user charges, and security deposit, maintenance
charges, maintenance security deposit, administrative charges and/or any other
amount(s) from the Proposed Party in respect of the aforesaid Unit.

It is hereby understood between the Parties that this Agreement does not create
any right, title and interest over the said Unit and /or any part thereof in favour
of the Entity and the Entity is merely and only acting as a facilitator and
implementer of the intent and purposes of the Allottee for the Proposed
Transaction so as to enable andhave the Allottee lease out / rent out / let out /
8
licence or otherwise have similar arrangement for the said Unit, either itself or
along with other units in the Project for the mutual benefit of the various
allottees / right holders of the various units in the Project. The Promoter does
not have any duties and obligations against any Party under this Agreement
and both the Allottee and Entity acknowledge and accept the same. The
Allottee understands that this arrangement is for the sole benefit of the Allottee,
and the Entity does not in any way guarantee or warranty or confirm leasing /
letting out / licensing etc. of the said Unit.

2. TERM OF THIS AGREEMENT

2.1 This Agreement shall come into force and effect from the date of execution and shall
remain in force and effect till the expiry of a period of (5) five years commencing with
effect from the date of first commencement of the lease/licence/similar arrangement under
the Proposed Transaction (“Effective Date”) with the Proposed Party, which term shall
automatically be extended in accordance with the term of the Proposed Transaction.
(“Term”).

2.2 Upon the expiry of the Term, the Parties may renew this Agreement for a further period,
subject to the terms and conditions as may be mutually agreed by the Partiesin writing.

2.3 Lock-in period: The Allottee acknowledges that the Allottee has approached the Entity
for the Proposed Transaction and that upon execution of this Agreement, the Entity will
be investing considerable time, money, effort and resources in arrangingfor the same for
the said Unit including identifying Proposed Party, negotiating and arriving at a lease
rent/licence fee/rent/ user charges amount in accordance with market standards, preparing
documentation, etc. In consideration of the same, the Allottee hereby agrees and
undertakes that subject to Clause 9 (Termination) of thisAgreement, the Allottee shall not
be entitled to terminate this Agreement for the Term hereof including any
renewal/extensions thereof.

3. NEGOTIATING, FINALISING, EXECUTING AND REGISTERING THE


PROPOSED LEASE AND RENEWALS THEREOF

3.1 In view of the understanding between the Entity and the Allottee, the Allottee hereby
agrees that the Entity shall have the exclusive right to give on lease/licence/other
similar arrangement (i.e. the Proposed Transaction), the said Unit (either itself or
along with other units either on the same floor and/or other floors in the Project) to
Proposed Party for such rentals/fee/charges and on such terms as may be deemed and
considered appropriate by the Entity in its sole discretion having regard to the overall
aspects of the said Unit including zoning, layout etc.; the said Project, areas in the
vicinity and in consonance with the good industry practice in the relevant sector.

3.2 The Entity shall have the absolute right and authority to negotiate, settle down and
finalize the Proposed Transaction in respect of the said Unit, individually and/or in
combination with other adjoining units on the same floor or other floors in the said
Project, with the Proposed Party for the term of the lease/license/similar
9
arrangement, rentals/fee, security deposit, escalations, maintenance charges,
maintenance security, administrative charges etc., and other terms thereof etc. and
on the conditions as may be negotiated by the Entity with the Proposed Party. The
Parties agree and acknowledge that the Entity shall at all times act in the best interest
of the Allottee and the said Project.

3.3 The Allottee has authorized and empowered the Entity to sign, execute, finalise and
deliver all the documents for the Proposed Transaction including but not limited to
term sheet, memorandum of understanding, agreement for lease/licence/usage/other
similar arrangement, lease deed/leave & licence agreement/other similar deed or
agreement, with the said Proposed Party and get the same registered (wherever
required), at the cost and expense of the Allottee, and the Allottee shall remain bound
by the said arrangement and understanding as recorded under this Agreement and the
Proposed Transaction.

3.4 The Entity shall also have the authority to negotiate, finalize and execute the renewals
of the existing Proposed Transaction and the subsequent lease/licence/usage/other
similar arrangement of/for the said Unit with the Proposed Party/new
lessee/licensee/user/other party for and on behalf of the Allottee, at the cost and
expense of the Allottee and the Allottee shall remain bound by the said arrangement
and understanding as recorded under this Agreement and the Proposed Transaction.

3.5 The Allottee has understood the general risks involved in giving any premises on
lease/license/similar arrangement and has undertaken to bear the said risks
exclusively without any liability on the Entity whatsoever. The Entity shall make best
efforts to negotiate and finalize the terms of the Proposed Transaction generallyon
the then prevailing market terms and prevailing market practice, provided that the
Allottee shall not have any objection to the lease rental/licence fee/usage charges etc.
as negotiated and agreed by the Entity, which shall be in accordance with good
industry practice.

3.6 It is specifically clarified that the lease rent/fee/other charges, term of the Proposed
Transaction, rent/fee/user charges etc. and the other terms and conditions of such
Proposed Transaction or any renewals thereof or other arrangement(s) will be as
negotiated by the Entity with the Proposed Party/new lessee/licensee/user/other party
for and on behalf of the Allottee solely at its own discretion, without any interference
from the Allottee and the Allottee shall be bound by the same.

4. COLLECTION AND RECOVERY OF LEASE RENTALS/LICENCE


FEE/USER CHARGES ETC. AND OTHER AMOUNT

4.1 The Allottee hereby authorises and grants exclusive right to the Entity to collect from
the Proposed Party/new lessee/licensee/user/other party for and on behalf of the
Allottee, the lease rentals/licence fee/user charges/other charges, maintenance
charges, utility charges, security deposits, maintenance deposits, and such other
amounts as may be agreed to be paid by the Proposed Party/new
lessee/licensee/user/other party for and on behalf of the Allottee under the Proposed
10
Transaction, as the case may be, in the designated bank account of the Entity. It has
been further agreed that the (i) the lease rentals/licence fee/user charges/other charges
shall be transferred to the designated bank account of the Allottee, post the
deductions towards the Facilitation Fee and/or other dues, if any; (ii) Security
Deposit amount as collected by the Entity shall be kept in a form of Fixed Deposit
in the designated bank account of the Entity, the interest so accrued on the same will
be passed on to the Allottee after adjustment of unpaid dues, if any; (iii) maintenance
charges, utility charges, and maintenance deposits shall be transferred to the
nominated Maintenance Agency accordingly.

4.2 The Allottee acknowledges and confirms that during the subsistence of this
Agreement and the SPA, the Allottee shall not collect, demand and claim any amount
directly from the Proposed Party/new lessee/licensee/user/other party for and on
behalf of the Allottee, nor shall the Allottee delegate such responsibility to any other
person.

4.3 It has been further agreed that in the event of the termination or earlier determination
of the lease/ license/ other similar arrangement either by efflux of time or otherwise,
the Allottee without any demur or protest shall be under an obligation to forthwith
remit/pay all the sums towards the security deposits (as has been kept in the form of
FD) immediately on receipt of the notice of termination to the Entity for onward
handover to the Proposed Party/ new lessee/ licensee/ user/ other party as per the
terms of the Proposed Transaction. In the event the Allottee fails to do so, the lease
rentals/licence fee/user charges for the notice period shall not be handed over /
remitted to the Allottee and the Allottee alone shall be liable, responsible and
accountable for all the consequences thereof including but not limited to any claims,
demands etc. made by the Proposed Party/ new lessee/ licensee/ user/ other party and
shall keep the Entity fully indemnified and harmless in this regard. The Allottee
agrees, confirms and accepts that he/she/it/they shall be under a contractual obligation
to refund all the security deposit amounts which have been received/remitted to the
account of the Entity on behalf of the Allottee by the Proposed Party/new
lessee/licensee/user/other party.

4.4 In the event of failure on the part of the Proposed Party/ new lessee/ licensee/ user/
other party to pay lease rentals/licence fee/user charges/ other charges, maintenance
charges, utility charges and such other amounts, the Entity shall be entitled to recover
the outstanding amounts from the Proposed Party/ new lessee/ licensee/ user/ other
party, and take all necessary legal and lawful actions in this regard without their being
any liability being taken by/ assumed by the Entity.

4.5 The Allottee shall remain bound by all the acts of the Entity with regard to the matters
as stated in this Clause.

5. FACILITATION CHARGES

5.1 In lieu of the facilitation provisions being provided by the Entity under this
Agreement, the Entity, shall be entitled to receive facilitation charges equivalent to
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Five Percent (5%) of the gross/total Proposed Amount (“Facilitation Charges”) per
month, with effect from the Effective Date, for the entire Term including any
renewals/extensions thereof. The Facilitation Charges shall be paid by the Allottee
to the Entity in the manner as provided in this Agreement, out of the lease
rentals/licence fee/user charges/other charges received for the said Unit from
Proposed Party/new lessee/licensee/user/other party. It is clarified that if there is any
fit-outs period/rent free period under the Proposed Transaction, the Entity shall be
entitled to the Facilitation Charges for the said period also in as much as the Entity
shall be making provisions and facilitating the entire Proposed Transaction.

5.2 It is clarified that the entitlement to receive the Facilitation Charges shall be only at
the time when the said Unit is put on Proposed Transaction by the Entity. As far as
the period where the lease rentals/fee/user charges/other amounts are due but not paid
by the prospective lessee/licensee/user/other party, then the fee shall be deemed to
have been accrued and shall be paid, out of the lease rentals/ fee/user charges/other
amounts.

5.3 The payment of Facilitation Charges is the primary responsibility of the Allottee and
it shall not be subject to any deductions and/or set off. For this reason, the Allottee
hereby agrees, accepts and acknowledges that the Entity shall have the first charge
over the lease rentals/fees/usage charges/any amount received by the Entity from the
Proposed Party/new lessee/licensee/user/other party, to the extent of outstanding
Facilitation Charges due to be received by the Entity.

5.4 The payment of Facilitation Charges shall be subject to deduction of applicable tax
at source. Unless otherwise expressly agreed, the Facilitation Charges shall be
exclusive of all, present and future taxes by whatever name called including, but not
limited to, Goods and Service Tax.

6. LEASE RENT/FEE/USER CHARGES/OTHER CHARGES

6.1 On and from the Effective Date and subject to the Rent Free Period under the
Proposed Transaction, the Entity hereby agrees to remit to the Allottee the Lease
rent/fee/user charges/other amounts (“Proposed Amounts”) collected on a
periodical basis no later than 3 (three) working days after receiving the Proposed
Amounts of the next calendar month, subject to deduction of TDS, Facilitation
Charges and Other Charges as provided in this Agreement. Unless otherwise
expressly agreed, the Proposed Amounts shall be inclusive of all, present and future
indirect taxes by whatever name called including, but not limited to, Goods and
Service Tax.

6.2 It is clarified that other than the Proposed Amounts amount as received in terms of
this Agreement, the Allottee shall not be entitled to receive any further amount, either
from the Entity and/or directly from the Proposed Party/new
lessee/licensee/user/other party.

6.3 The Entity shall remit the Proposed Amounts payable to the Allottee in the
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designated bank account of the Allottee. In case of any change in the designated bank
account of the Allottee, the Allottee shall give a prior written notice of the same to
the Entity for the due updation of the records of the Entity. It is only when the records
of the Entity are updated and communicated to the Allottee, the Entity shall be under
an obligation to remit the Proposed Amounts into the changed designated bank
account of the Allottee.

6.4 The Entity’s obligation to pay the Proposed Amounts to the Allottee, is subject to the
Proposed Transaction, the terms of this Agreement and the Allottee not being in
default of its obligations under the Unit Agreement.
6.5 Notwithstanding anything contained in this Agreement, it is clarified that the Entity
shall not be liable to pay the Proposed Amounts in the following event(s);
(a) At any time before the Effective Date; or
(b) If the Entity is not able to lease out/let out/licence/similar arrangement of the
said Unit to the Proposed Party/new lessee/licensee/user/other party due to any
breach of the terms and conditions of this Agreement by the Allottee and /or
for such reasons which are directly attributable to the Allottee and/or any third
party; or
(c) If the Entity is not able to lease out/let out/licence/similar arrangement of the
said Unit to the Proposed Party/new lessee/licensee/user/other party due to
force majeure conditions; or
(d) If the Proposed Party/new lessee/licensee/user/other party fails to pay the
Proposed Amounts and other amounts / Other Charges agreed to be paid by the
Proposed Party/new lessee/licensee/user/other party under the Proposed
Transaction; or
(e) For the period(s), in case of termination of the Proposed Transaction by the
Proposed Party/new lessee/licensee/user/other party, during the Term, for any
reason not attributable to the Entity.

7. PROPOSED BROAD TERMS OF THE LEASE DEED/LICENCE


ARRANGEMENT/OTHER ARRANGEMENT

7.1 Both the Entity and the Allottee hereby agree, accept and acknowledge that, subject
to the terms of this Agreement, the Proposed Transaction will be executed on the
broad terms and conditions as listed hereunder, and shall be in accordance with the
prevailing market standards.

7.2 The Proposed Transaction with respect to the said Unit shall be executed between
the Proposed Party/new lessee/licensee/user/other party and the Entity representing
the Allottee or as the circumstances so warrant acting as the lessor, for and on behalf
of the Allottee.

7.3 The Proposed Transaction will stipulate the rent / fees / other charges including but
not limited to maintenance charges, utility charges etc. payable by the Proposed
Party/new lessee/licensee/user/other party, directly to the bank account of the Entity
and that shall be deemed to be a valid compliance of the obligations of the Proposed
Party/new lessee/licensee/user/other party to pay rent / fees / charges as payable by
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the Proposed Party/new lessee/licensee/user/other party under the Proposed
Transaction. The Allottee shall not have any right to receive any rent / fees / other
charges payable by the Proposed Party/new lessee/licensee/user/other party directly
in its bank account. It is further agreed between the Allottee and the Entity that the
terms stated hereinabove are not exhaustive and the Entity shall be fully entitled to
negotiate and finalise the Proposed Transaction with the Proposed Party/new
lessee/licensee/user/other party, without any interference from the Allottee.

8. OBLIGATION OF THE ALLOTTEE

8.1 The Allottee shall be liable to pay and bear the entire expenses/cost of managing the
leasing arrangement, including brokerage, administrative charges, cost incurred for
interior works/ finishing works for the said Unit either individually and/or along with
the other units; fit out improvement cost of the said Unit; stamp duty and registration
charges, if required by the Proposed Party/new lessee/licensee/user/other party; all
other capex and other related charges (“Other Charges”). Notwithstanding the
Proposed Amounts Other Charges shall be over and above the same.

8.2 Subject to the other terms and conditions of this Agreement, in the event of non-
payment and/or delayed payment of maintenance charges, Unit electricity charges,
power back up charges, water charges, etc. for the said Unit by the Allottee and/or
the Proposed Party/new lessee/licensee/user/other party then without prejudice to any
other remedy as available to the Entity either in law or in equity, the Entity reserve
the right to adjust the same from the Proposed Amounts to be remitted to the Allottee
by the Entity.

8.3 In the event any part of the Other Charges are incurred by the Entity, then the Entity
shall be entitled to deduct the same from the Proposed Amounts on priority and
thereafter pay the balance to the Allottee. If the Other Charges for any period are
more than the Proposed Amounts, then the Proposed Amounts shall be paid only after
the entire Other Charges have been recovered by the Entity.

8.4 The Allottee shall not demand or claim physical possession of the said Unit till the
said Unit is on lease/licence or under such other arrangement and the Allottee shall
remain bound by the terms of the Proposed Transaction or such other arrangement as
entered into by the Entity on behalf of the Allottee with the Proposed Party/new
lessee/licensee/user/other party and in as much as the Allottee has consented to the
same. The same shall however not be deemed by the Allottee to be a breach of the
Promoter’s obligation under the Unit Agreement or otherwise. Such an arrangement
has been arrived at pursuant to the Appointment Letter and the consensus on the
arrangement by the Allottee with the Entity to which the Promoter is a confirming
party. No obligation, liability and responsibility has been assumed and/or agreed to
be assumed and/or undertaken and/or agreed to be undertaken, by the Promoter
and/or casted upon the Promoter.

8.5 In the event if the said Unit is to leased out/let out/licenced/similar arrangement to
the Proposed Party/new lessee/licensee/user/other party, and if the Proposed

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Party/new lessee/licensee/user/other party fails to pay the Proposed Amounts to the
Entity, the Allottee shall not raise any claim or demand on the Entity towards
payment of Proposed Amounts for the periods of such default/non-payment, until the
same is recovered by the Entity from the Proposed Party/new
lessee/licensee/user/other party. In case of recovery, whether in full or in part, the
Allottee will be entitled to the Proposed Amounts. The Allottee accepts and
acknowledges that in terms of this Agreement the Entity is managing the Proposed
Transaction for the Allottee and is making provisions for the same including
collection of Proposed Amounts from the Proposed Party/new
lessee/licensee/user/other party, therefore its performance towards the remittance of
Proposed Amounts to the Allottee is subject to due receipt of the Pr4oposed Amounts
and Other Charges from the Proposed Party/new lessee/licensee/user/other party
under the Proposed Transaction.

8.6 The Allottee shall not undertake any act or omission which makes the performance
of its obligation under this Agreement and /or the Proposed Transaction impossible.

8.7 The monthly maintenance charges and other charges in respect of the said Unit are to
be paid by the Proposed Party/new lessee/licensee/user/other party under the
Proposed Transaction. Provided, that the monthly maintenance charges shall be
payable by the Allottee to the Promoter /maintenance agency from the date of deemed
possession and/or from the date when the said Unit falls vacant either due to expiry
of the Proposed Transaction or its earlier termination/determination or its premature
vacation, legal or illegal by the Proposed Party/new lessee/licensee/user/other party.
Similarly, payment of maintenance security deposit for the said Unit is the primary
responsibility of the Allottee. However, if in terms of the Proposed Transaction, if
the Proposed Party/new lessee/licensee/user/other party has provided the
maintenance security deposit to the maintenance agency/Entity, then the Allottee will
not be required to provide the same to maintenance agency/ Promoter till the said
Unit continues to be on lease/licence or other arrangement(s).

8.8 The Allottee agrees and understands that the said Unit will be leased / let out /
licensed / given on similar / identical arrangement and understanding and / or for
operations along with other units in the said Project and the Allottee shall remain
bound by the same and shall not object to the same.

8.9 Notwithstanding the rights of the Entity against the Proposed Party/new
lessee/licensee/user/other party under the Proposed Transaction and notwithstanding
the obligations of the Proposed Party/new lessee/licensee/user/other party under the
Proposed Transaction, it is hereby agreed by the Parties, that the primary liability for
payment of maintenance charges, electricity charges, water and other such charges
of the said Unit and incidence of tax in relation to the said Unit and any other default
on the part of the Proposed Party/new lessee/licensee/user/other party under the
Proposed Transaction, shall be of the Allottee during the entire Term of this
Agreement as the owner of the Unit.

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8.10 The Allottee being the ultimate beneficiary of the Proposed Amounts, the liability to
deposit GST or any other incidence of tax on the Proposed Amounts lies with the
Allottee, but due to practical constraints, the Allottee has authorized the Entity to
deposit GST or the like with the concerned authority on its behalf. The Allottee also
undertakes to comply with all other statutory requirements in respect of the said Unit
without any liability or any responsibility on the part of the Entity.

8.11 Simultaneously with the execution of this Agreement, the Allottee shall execute and
register in favour of the Entity, a special power of attorney (“SPA”) authorising the
Entity to undertake the following:
(a) Giving on lease/letting out/licensing/similar arrangement of the said Unit, to
the Proposed Party/new lessee/licensee/user/other party, as identified by the
Entity;
(b) Negotiating and finalising the leasing/letting out/licensing/similar arrangement
of the said Unit to the Proposed Party/new lessee/licensee/user/other party in
respect of the said Unit;
(c) Executing, delivering and registering (wherever required) all necessary
documents, with the Proposed Party/new lessee/licensee/user/other party, in its
own name on behalf of the Allottee, at the cost and expenses of the Allottee;
(d) To grant and receive, as the case may be, physical possession of the said Unit
to or from the Proposed Party/new lessee/licensee/user/other party;
(e) To collect and receive from the Proposed Party/new lessee/licensee/user/other
party of the said Unit, all Proposed Amounts i.e. lease rent / fee and other
charges and Other Charges etc. in the name of the Entity; and
(f) Taking necessary actions including filing of suits, complaints, etc. against the
Proposed Party/new lessee/licensee/user/other party for the breach of the terms
and conditions of the Proposed Transaction by the Proposed Party/new
lessee/licensee/user/other party.

8.12 The Allottee agrees, confirms and undertakes to adhere to the obligations under the
Unit Buyer’s Agreement, Appointment Letter, this Agreement and the arrangement
and understanding with regard to the leasing or other arrangements as referred to
hereinabove regarding the Unit, and / or do or omit to do any act, deed or thing which
in any manner is prejudicial to the rights granted in favour of the Entity, and / or
otherwise prejudicially affects the process / processing further of the leasing or other
arrangements as referred to hereinabove, then in such an event, the Allottee,
unconditionally agrees to remit and forthwith pay to the Promoter, the entire amount
received by the Allottee under and in terms of the understanding agreed vide Letter
dated , along with interest @ 18% per annum, and any further
payment in terms of the aforesaid Letter shall automatically stand discontinued
without any liability, responsibility and obligation of the Promoter.

8.13 Exclusivity: The Allottee agrees and confirms that the Entity has been granted
exclusive rights to lease out/let out/licence/similar arrangement of the said Unit to
the Proposed Party/new lessee/licensee/user/other party and hereby undertakes that
during the Term of this Agreement, the Allottee shall not directly or indirectly carry
out any activities to lease out/let out/licence/similar arrangement of the said Unit with
the Proposed Party/new lessee/licensee/user/other party. The Allottee agrees not to
16
solicit, encourage, entertain, initiate or participate in any inquiry, negotiations or
discussions or enter into any agreement with respect to any offer or proposal for lease
out/let out/licence/similar arrangement of the said Unit to the Proposed Party/new
lessee/licensee/user/other party. If the Allottee is approached by a potential tenant
and/or leasing agency, the Allottee shall immediately refer such person to the Entity.

8.14 Transfer of Unit: In the event the Allottee transfers, alienates, encumbers or
otherwise disposes of or deals with the said Unit or any part thereof or in their
respective rights and interest during the Term of this Agreement and any renewal
thereafter, the Allottee shall give prior written intimation to the Entity and take the
Entity’s No-objection to the same which shall not be unreasonably withheld provided
all accounts of the Entity are settled. Any such sale, transfer, alienation, disposal shall
be subject to the terms of this Agreement and new assignee/transferee
(“Transferee”) agreeing, accepting and acknowledging to abide by the terms and
conditions of this Agreement, conveyance deed and such other documents and
instruments, as the case may be, executed between the Parties in this regard. The
Allottee shall ensure that the Transferee agrees and undertakes to be bound by the
terms of this Agreement and the Allottee shall cause the Transferee to execute all
such documents including but not limited to deed of adherence as may be required
by the Entity to give effect to the above understanding. The Transferee shall execute
all such documents without any demur and protest and remain bound by the terms of
this Agreement and the Proposed Transaction.

8.15 The Allottee, hereby agree, accept and acknowledge that till the subsistence of this
Agreement and /or the Proposed Transaction (including renewal thereof / new
lease/licence etc.), whichever is later, it shall not create any lien, charge, mortgage
or any other form of encumbrance of any nature whatsoever including without
limitation third party rights and interest on the said Unit and shall not avail any loan
from any bank / financial institution / NBFC / HFC against the security of the same,
without the prior written consent of the Entity.

8.16 The decision of the Entity shall be final and binding on the Allottee. In the event of
breach of the terms of this Clause 8, the Entity shall have the right to take any
appropriate action against the Allottee including any equitable relief from the court
of appropriate jurisdiction. Further, the Allottee shall be solely liable to pay all
damages, losses and claims, if any, suffered by the Entity and Proposed Party/new
lessee/licensee/user/other part due to any act or omission of the terms of this clause
by the Allottee.

9. TERMINATION

9.1 This Agreement shall come into force and be binding on the Parties from the date of
this Agreement till expiry of the Term. In the event that the Entity is unable to arrange
for leasing/letting out/licensing/similar arrangement of the said Unit within Six (6)
months from the date the said Unit can be leased out/let out/licensed etc., then this

17
Agreement may terminate at the option of either the Allottee or the Entity by giving
one month’s written notice.

9.2 The Entity may, at its option, terminate this Agreement in respect of the said Unit at
any time during the Term, subject to send three (3) months’ prior notice in writing to
the other Parties.

9.3 This Agreement shall be binding on each Party until such time that it is terminated
in accordance with this Clause 9.

9.4 Without prejudice to Clauses 9.1, 9.2 and 9.3 above, this Agreement may be
terminated upon the occurrence of the following, by giving prior written notice of 3
months:
(a) if the Entity commits a material breach of its obligations, and which breach
is not cured within 90 days from date of receipt of notice of such breach,
then the non-defaulting party shall have the right to terminate; or
(b) the Entity is wound-up, dissolved or liquidated; or
(c) the Entity and the Allottee mutually agree in writing for the termination
hereof.

9.5 The Allottee shall be entitled to terminate this Agreement, only in case of non-
compliance by the Entity of its obligations towards payment of Proposed Amounts
for a continuous period of 3 (three) months, provided that the Entity has received the
Proposed Amounts for such period from the Proposed Party/new
lessee/licensee/user/other party.

In case of such default by the Entity, the Allottee shall issue a notice to the Entity
calling upon the Entity to fix the breach and if the said breach is not remedied within
60 (sixty) days of the notice then the Allottee shall have the right to terminate this
Agreement.

9.6 Upon any termination of this Agreement, all Clauses which by their very nature
should survive termination, including all indemnity obligations, governing law and
dispute resolution related Clauses, shall survive the termination of this Agreement.
In addition termination of this Agreement shall not affect the accrued rights and
liabilities of any of the Parties hereof.

9.7 Except as otherwise permitted under this Agreement in above Clauses, it is clearly
agreed and accepted by the Parties that they shall not have the right to terminate,
revoke or otherwise annul this Agreement for any other reason whatsoever.

10. OTHER CLAUSES


10.1 Further Assurances: The Allottee shall execute, acknowledge and deliver to the
Entity and/or the Promoter, such instruments and take such other actions in addition
to the instruments and action specifically provided for herein as the Entity and/or

18
Promoter may reasonably request in order to effectuate the provisions of the
Agreement or of any transaction contemplated herein or to confirm or perfect any
right to be created or transferred hereunder or pursuant to any such transaction.

10.2 Force Majeure: It has been mutually agreed between the Parties that the obligations
of the Parties under this Agreement shall be subject to the force majeure conditions,
court orders, Government Policy/ policy/ guidelines/ directions issued by competent
authorities which include any event or circumstance or a combination of events or
circumstances which affect or prevent a Party from performing its obligations in
whole or in part under this Agreement, Proposed Transaction and/or such other
documents and instruments, as may be executed between the Parties in this regard,
and is beyond the reasonable control and not arising out of the fault of a Party. Force
majeure shall also include revocation of applicable permits, approvals etc. granted
by competent authority, change in law, action, order by competent authority, action
or act of commission or omission by competent authority not on account of default
of the Party; and/or any judgment or order of any court of competent jurisdiction or
statutory authority in India made against the Party, in any proceedings for reasons
other than failure of the Party. No claim shall lie against the Entity if it is prevented
on account of the above in performing its obligations as set out in this Agreement.
“Force Majeure” shall also mean and include without limitation any event or
circumstance or a combination of events or circumstances or the consequences
thereof which affect or prevent the Entity from performing its obligations in whole
or in part under this Agreement and which event or circumstance is beyond the
reasonable control and not arising out of the fault of the Entity and the Entity has
been unable to overcome such event or circumstance by the exercise of due diligence
and reasonable efforts, skill and care and has a material adverse effect on the
transaction as contemplated between the Parties herein.

10.3 Indemnity:
10.3.1 The Allottee hereby indemnify and agree to hold Entity and the Promoter fully
indemnified, harmless and safe against all actions, claims, proceedings, demands,
costs, charges, damages and expenses that the Entity and the Promoter may suffer
on account of any acts and/or omissions on the part of the Allottee and/or the failure
of the Allottee to perform its contractual obligations as stated herein and/or in the
Proposed Transaction and/or such other documents and instruments as may be
executed between the Parties in this regard, and if it is discovered at any stage later
on, all benefits accrued under this Agreement including the payment agreed to be
made in terms hereof as stated hereinabove shall stand unconditionally and
irrevocably reversed and all costs and expenses shall be to the account of the
Allottee. This indemnification clause shall survive the expiry or termination of this
Agreement.
10.3.2 Entity endeavours to provide/render the services to the best of ability and in good
faith. There shall be no liability on Entity (including its directors, representatives
and employees) towards any third party claim for damages, economic loss or
damage suffered arising out of or in connection with the Services, direct or indirect
due to whatsoever reasons and however the loss or damage is caused. The Allottee

19
shall assist and cooperate with Entity to defend any third party claim before any
court of law or authorities, and indemnify the Entity of the cost of such proceedings.

10.4 Limitation of Liability: Entity’s total aggregate liability to the Allottee and/or anyone
claiming through / under the Allottee including that of any third party claims, in
contract, tort including negligence or breach of statutory duty, misrepresentation,
restitution or otherwise, arising in connection with the performance or contemplated
performance of the Services shall be limited to an aggregate sum not exceeding the
total Facilitation Charges received during a Financial Year. Entity shall not be liable
for any pure economic loss, loss of profit, loss of business, depletion of goodwill, in
each case whether direct or indirect or consequential or any claims for consequential
loss compensation whatsoever which, arise out of or in connection with Services
provided under this engagement.

10.5 Notice:
10.5.1 All notices required and permitted under the provisions of this Agreement or by
any law to be served upon or to be given to a Party hereto by any other Party hereto
shall be in English language and shall be deemed duly served or given if, addressed
and sent either by hand delivery and a written acknowledgement obtained thereof
or by Registered Post A.D/Speed Post at the addresses mentioned above.
10.5.2 Any Party may hereto change its address by a notice given to the other party hereto
in the manner set forth above.
10.5.3 All notices and other communications shall be deemed to have been duly given (i)
on the expiry of 7 (seven) days after posting, if transmitted by registered post or
courier or (ii) on the date of delivery.
10.6 Governing Law and Arbitration:
10.6.1 This Agreement shall be deemed to be made in and in all respects shall be
interpreted, construed and governed by and in accordance with the laws of India.
10.6.2 All disputes, differences etc. in connection with the validity, interpretation,
implementation or alleged material breach of any provision of this Agreement shall
be finally settled by arbitration in accordance with the provisions of the Arbitration
and Conciliation Act, 1996 and/or any statutory re-enactment or modifications
thereof for the time being in force. For the purpose of such arbitration, the arbitral
tribunal shall comprise of 1 (one) neutral independent arbitrator to be appointed by
the Entity and the Parties shall be bound by such appointment. The arbitration
proceedings shall be held at Gurugram (Gurgaon), Haryana. The arbitration
proceedings shall be conducted in English language. The award shall be
substantiated in writing. The arbitral tribunal shall also decide on the costs of the
arbitration proceedings. The award shall be final and binding on the disputing
Parties subject to applicable laws and the award shall be enforceable in any
competent court of law.
10.6.3 The Parties hereby agree and acknowledge that if the damages would be inadequate
to compensate for the breach of this Agreement then the non-defaulting Party shall
be entitled to equitable relief by way of interim injunction.
10.6.4 Subject to the arbitration provision above, the Courts of Gurugram, India shall have
exclusive jurisdiction in respect of any matter arising out of this Agreement.

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10.7 Assignment: Entity will be entitled to assign its rights and interest and its entitlements
under this Agreement to any third party(ies) in such manner and to such extent as it
considers and deems fit and proper without any reference to the Allottee provided no
additional financial obligations on account of such assignment shall be casted upon
the allottee on account of such assignment.

10.8 Co-operation: The Parties agree to co-operate with each other to ensure that the
provisions of this Agreement are fully and expeditiously implemented so as to
achieve the objective of the Agreement.

10.9 Entire Agreement: This Agreement constitutes the entire understanding and
agreement between the Parties with regard to subject hereof and supersedes and
terminates any other prior oral/written agreement, representation, understanding,
arrangement, communication or expression relating to the subject matter of this
Agreement. No agent, broker, representative, employee or officer of or engaged by
either of the Party hereto has any authority to make or has made any statement,
agreement or representation, either oral or written, in connection herewith, modifying,
adding to or changing the terms and conditions herein set forth. No dealings between
the Parties or customs shall be permitted to contradict or modify the terms hereof.

10.10 Waiver: No waiver of any of the terms of this Agreement shall be effective unless
made in writing and no waiver of any particular term shall be deemed to be a waiver
of any other term.
10.11 Modification of Agreement: No amendment or change hereof or addition hereto shall
be effective or binding on any of the Parties hereto unless set forth in writing and
executed by the respective duly authorized representatives of each of the Parties
hereto.

10.12 Severability: If any provision of this Agreement shall be determined to be void or


unenforceable under any applicable law, such provisions shall be deemed amended
or deleted in so far as reasonably inconsistent with the purpose of this Agreement
and to the extent necessary to conform to applicable law and the remaining provisions
of this Agreement shall remain valid and enforceable as applicable at the time of
execution of this Agreement.

10.13 Cost and expenses: Each Party shall bear its own costs and expenses, including
without limitation any fees payable to the legal and other consultants, solicitors,
agents etc. and shall keep indemnified the other, from and against any claims or
demands in that regard. The Allottee shall pay and bear the cost of applicable stamp
duty for the execution of this Agreement.

10.14 Anything herein to the contrary notwithstanding the covenants contained in this
Agreement and to be performed by the Entity, its agents or representatives, shall not
be binding personally upon the Entity, its directors, employees, agents or
representatives, or the Entity’s respective successors, assigns, executors or legatees
and no deficiency judgment or other action for personal liability shall be brought or
maintained against the Entity, its directors, employees, agents or representatives.
21
This Section shall survive the termination.

10.15 Time and non-cancellation and full implementation of this Agreement in its true spirit
and colour is its essence.

10.16 Either Party may release or compromise the other Party’s liability hereunder or grant,
to that Party, time or other indulgence without affecting the liability of that Party or
the right of the Party granting such time or indulgence.

10.17 This Agreement has been executed in 3 (three) counterparts each of which when
executed shall be deemed as original. First set will be retained by the Allottee and
the second set by the Entity and the third set shall be retained by the Promoter.

10.18 Pursuant to the due observance by the Parties hereto of all the covenants herein
contained, this Agreement shall not be revoked or cancelled except as otherwise
provided and shall be binding on both the Parties. This Agreement shall be a binding
contract enforceable by specific performance between the Parties hereto. The rule
that the terms of an agreement are strictly construed against the drafting party shall
have no application to the construction of interpretation of this Agreement. The
Parties represent that they have read the entire Agreement including the Schedules
and Annexures and further state that the Parties shall be bound by all the terms and
conditions thereof.

IN WITNESS WHEREOF THE PARTIES HERETO HAVE EXECUTED THIS


AGREEMENT ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN.

SIGNED AND DELIVERED BY ENTITY

Through:

Designation:

SIGNED AND DELIVERED BY ALLOTTEE

Through:

Designation:

SIGNED AND DELIVERED BY PROMOTER

Through:

Designation:
22
(TO BE EXECUTED IN DUPLICATE ON NON-JUDICIAL STAMP PAPER OF RS. 100/- )

SPECIAL POWER OF ATTORNEY

THIS SPECIAL POWER OF ATTORNEY (“SPA”) is executed on this day of


, 20 by:

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent resident
of and presently residing at
;

OR

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent resident
of and presently residing at
;

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent resident
of and presently residing at
;

Mr./Ms./Mrs. (PAN No. , Aadhar/ UID No.


) son of/ daughter of/ wife of Mr. permanent resident
of and presently residing at
;

OR

Mr./Ms./Mrs. son of/ daughter of/ wife of Mr. permanent


resident of
and
presently residing at carrying on
the business and trading asa Proprietor Firm, having its office at
acting through its Proprietor Mr./Ms./Mrs.
son/ daughter/ wife of Mr. (PAN No. ,
Aadhar/ UID No. );

1
OR
, a Partnership Firm duly
registered under the Indian Partnership Act, 1932 with the office of the Registrar of Firm/ a
Hindu Undivided Family/ a Limited Liability Partnership duly registered under the Limited
Liability Partnership Act, 2008 vide Registration No. (PAN No.
), having its principal place of business/ head office at
acting through its
authorized Partner/ Karta/ Authorized Signatory, Mr./Ms./Mrs. son/
daughter/ wife of Mr. (Aadhar No. / UID No.
) (copy of the resolution/letter of authority signed by all the partners to be
submitted along with the Agreement by the Executant);
OR
, a company incorporated
under the Companies Act, 1956 and existing under the Companies Act, 2013 and existing
under the Companies Act, 2013 (CIN # ,PAN No. ), having
its registered office at
, acting through its
duly constituted and authorized signatory, Mr./Ms./Mrs. , son/ daughter/
wife of Mr. (Aadhar No. / UID No. ) duly
authorized vide Board Resolution dated / /20 , which is still valid, subsisting and has not
been revoked;

OR
M/s. , a society registered
under the Societies Registration Act, 1860, (Registration No. , PAN No.
), having its registered office at
acting through its
duly constituted and authorized signatory, Mr./Ms./Mrs. , son/ daughter/ wife
of Mr. (Aadhar No. / UID No. ), duly authorized
vide Board Resolution dated / /20 , which is still valid, subsisting and has not been revoked;

OR
, a Trust registered under the
Indian Trusts Act, 1882, (Registration No. , PAN No. ), having
its registered office at
, acting through its
duly constituted and authorized Trustee, Mr./Ms./Mrs. ,son/ daughter/ wife
of Mr. (Aadhar No. / UID No. ) duly
authorized vide Resolution dated / /20 , which is still valid, subsisting and has not been
revoked;

(hereinafter singly/jointly, as the case may be, referred to as the “Executant”, which term or
expression shall, unless it be repugnant to the subject, context or meaning thereof, mean and
be deemed to mean and include in case of (i) individual/ proprietorship firm - the Executant’s
legal heirs, legal representatives, executors, administrators, successors and permitted assigns;
(ii) partnership firm/ LLP/ HUF - all the partners of the Firm/ LLP/ Karta and each member
of the HUF/ Firm/ LLP along with their respective legal heirs, legal representatives,
administrators, executors, successors and permitted assigns; (iii) company/ society/ trust - its
successor(s)-in-interest and permitted assign(s); as the case may be).

IN FAVOUR OF

M3M LEASE MANAGEMENT SERVICES PVT. LTD., a company registered under the
provisions of Companies Act, 2013 and having its registered office at LGF, F-22, Sushant Shopping
Arcade, Sushant Lok, Phase-I, Gurugram, Haryana India, 122002 , represented by its authorized
signatory Mr. / Ms. / Mrs. ______________________________ son / daughter / wife of Mr.
______________________________ (Aadhar No. ___________________) authorized vide board
resolution dated ___/___/20__,respectively (hereinafter referred to as “Entity/Attorney” which shall
include, where the context so requires and permits, its successors, legal representatives, executors,
administrators, nominees and permitted assigns) of the SECOND PART;

WHEREAS:

The Executant is the allottee of the unit bearing no. on the ____
Floor, in Block
/ Tower , having carpet
area of approximately square feet /
square meters
(the said “Unit”) in M3M Atrium57 (“Project”) which is a Commercial Project being developed on
the Land admeasuring approximately 1.425 acres (5766.775 sq. mts.) (hereinafter referred to as the
‘Said Land’) situated in the Revenue Estate of Village Tigra, Block –H, Sushant Lok – III, Sector-57,
, Gurugram (Gurgaon), Haryana, India. The said Project is a licensed Project developed by P a r y a p t
I n f r a s t r u c t u r e Private Limited h a v i n g (CIN No. U70109HR2020PTC090042, PAN No.
AALCP4951F), a company incorporated under the provisions of the Companies Act, 2013, having its
registered office at Unit No. SB/C/2L/Office/017A, M3M Urbana, Sector-67, Gurugram Manesar
Urban Complex, Gurugram-122102 (Gurgaon), Haryana,
India and its correspondence address is 6th Floor, ‘M3M Tee Point’, Sector-65, Gurugram Manesar
Urban Complex, Gurugram (Gurgaon) 122101, Haryana, India, (hereinafter referred to as
“Promoter”). The Promoter is undertaking the construction and development of a Commercial Project
on the said Land which is a part of the larger Residential Colony.

A. In furtherance of the said Allotment the Executant has entered into and executed a
Buyer’s Agreement dated ____ (**read with endorsement dated
________) for the said Unit with the Promoter settingout the terms and conditions for
sale and transfer of the said Unit to the Executant.

B. The Executant have agreed and proceeded with the purchase of the said Unitfrom
the Promoter with the intention of leasing/licensing/letting out etc. of the same either
individually and/or in consolidation with other units in the Project and have a
reasonable rentals/fees/income for the said Unit.

C. The Executant being desirous of leasing/licensing/letting-out/other similar


arrangement for the said Unit either independently and/or in consolidation with other
units either on the same floor and/or other floors in the Project, to interested Person(s)
and other interested parties. In view of the above, the Executant hasentered into a
facilitation agreement on even date (“Facilitation Agreement”) with M3M LEASE
MANAGEMENT SERVICES PRIVATE LIMITED, a company registered under
the provisions of Companies Act, 2013 and having its registered office at LGF, F-22,
Sushant Shopping Arcade, Sushant Lok, Phase-I, Gurugram, Haryana India, 122002,
(hereinafter referred to as Entity” ), in terms whereof, the Entity, has agreed to arrange
for the leasing, licensing, letting out or similar arrangement of the said Unit, either
independently and/or in consolidation with other units either on the same floor and/or
other floors in the Project, for and on behalf of the Executant, as per the terms and
conditions as agreed to and set out in theFacilitation Agreement. For this purpose the
term “Person” shall mean any natural person, limited or unlimited liability company,
corporation, partnership (whether limited or unlimited), proprietorship, Hindu
undivided family, trust, association, Governmental Authority or any agency or
political subdivision thereof or any other entity that may be treated as a Person under
applicable law.

For the intent and purposes of and to enable to Entity to act further in terms of the
FacilitationAgreement and for the purposes aforestated, the Executant now intends to
execute this specialpower of attorney, in favor of the Entity, authorizing the Entity and
the persons nominated bythe Attorney to do all acts, deeds, matters and things and to
exercise all powers and authorities as may be necessary or deemed necessary by the
said person for the purposes of giving effect to the intent and the terms agreed to in the
Facilitation Agreement.

The Executant (including all constituents thereof) has undertaken to execute this
Special Power of Attorney in favour of the Entity and its nominees / assigns / persons
further authorized / appointed / constituted / nominated from time to time by the Entity
without any reference to the Executant for carrying out the intents and objects of the
Facilitation Agreement.
The Executant recognizes that the Entity at the request of the Executant has agreed to act further
and has agreed to arrange for the leasing, licensing, letting out or similar arrangement of the
said Unit, either independently and/or in consolidation with other units either on the same floor
and/or other floors in the Project, for and on behalf of the Executant, as per the terms and
conditions as agreed to and set out in the Facilitation Agreement and requires enabling powers
to perform its functions under the Facilitation Agreement. The Executant agrees, confirms and
undertakes to adhere to the obligations under the Unit Agreement, Appointment Letter,
Facilitation Agreement and the arrangement and understanding with regard to the leasing or
other arrangements regarding the Unit, and / or do or omit to do any act, deed or thing which
in any manner is prejudicial to the rights granted in favour of the Entity, and / or otherwise
prejudicially affects the process / processing further of the leasingor other arrangements and /
or withdraw / revoke this Special Power of Attorney, then in such an event, the Executant,
unconditionally agrees to remit and forthwith pay to the Promoter, the entire amount received
by the Allottee under and in terms of the understanding agreed vide Letter dated , along with
interest @ 18% per annum, and any furtherpayment in terms of the aforesaid Letter shall
automatically stand discontinued without any liability, responsibility and obligation of the
Promoter.

Capitalized words and expressions used but not defined herein shall carry the same meaning
as ascribed to them in the Facilitation Agreement.

NOW THIS SPECIAL POWER OF ATTORNEY WITNESSETH AS FOLLOWS


THAT THE EXECUTANT do hereby nominate, constitute and appoint M3M LEASE
MANAGEMENT SERVICES PRIVATE LIMITED, a company registered under the
provisions of Companies Act, 2013 and having its registered office at LGF, F-22, Sushant
Shopping Arcade, Sushant Lok, Phase-I, Gurugram, Haryana India, 122002 and and/or any
person appointed (from time to time) by its Board of Directors (hereinafter referred to as the
“Attorney” which expression shall, wherever the context permits, mean and include its legal
representatives, executors, administrators, nominees, successors and permitted assigns) as its
true and lawful power of attorney holder to do the following acts, deeds in respect of the said
Unit:

1. To identify, find and connect a suitable tenant / lessee / licensee / third party, as the
case may be (“Proposed Party”) for the said Unit, either individually and/or in
combination with other adjoining units either on the same floor and/or other floors in
the Project.

2. To enter into, access the said Unit and to allow the entry and access to potential tenant
/ lessee / licensee / third party, brokers, property consultants, etc. into the said Unit
including for undertaking the fit outs, maintenance, repairs therein.

3. To give on lease, license or similar arrangement the said Unit either individually and/or
in combination with other adjoining units either on the same floor and/or other floors
in the Project, to the Proposed Party/new lessee/licensee/user/other party (“Contracted
Party”) , as identified by the Entity.

4. To discuss, negotiate, settle down and finalize the terms and conditions of such lease,
license, or similar arrangement etc., including renewal, extensions and subsequent
lease/licence etc. (“Arrangement”) including but not limited to term of the
lease/license/similar arrangement, rentals/fee, security deposit, escalations,
maintenance charges, maintenance security, administrative charges etc., and other
terms thereof etc., as may be deemed and considered proper by the Attorney in terms
of the Facilitation Agreement.

5. To sign, execute and deliver all the documents pertaining to the Arrangement including
but not limited to Memorandum of Understanding, Term Sheet, Letter of Intent,
Agreement to Lease, Leave & Licence agreement, Lease Deed, other agreements,
deeds, instruments etc., as may be required for the said Arrangement for the said Unit
on such terms and conditions as the Attorney deems fit and proper, witha view to give
effect to the same for and on behalf of the Executant as per the terms of Facilitation
Agreement.

6. To appear and present all such documents including but not limited to Memorandum of
Understanding, Term Sheet, Letter of Intent, Agreement to Lease, Leave & Licence
agreement, Lease Deed, other agreements, deeds, instruments etc., as may be required
for the said Arrangement for the said Unit and to do all such acts and deeds as may be
necessary for execution and registration of such documents for the Arrangement before
the competent authorities, subject to the terms and conditions as more particularly
mentioned in the Facilitation Agreement, all at the cost and expense of theExecutant.

7. To get registered the lease deed/agreement or the leave and license agreement and/or
other documents that is required under law in the office of the concerned jurisdictional
Sub-Registrar or any other authority competent in this behalf and admit execution
thereof and give acknowledgments/receipts of the payments and/or to do other acts that
may be necessary for the registration of the said documents and to receive them back
after registration and/or to execute, sign and present the rectification deed/supplemental
deed (if any) before the proper registering authority and get the same registered, at the
cost and expense of the Executant.

8. To receive the Lease rent/fee/user charges/other amounts (“Amounts”), security


deposit, maintenance charges, maintenance security deposit, administrative charges
and/or any other amount(s) from the Contracted Party in respect of the said Unit in
relation to the Arrangement and to take all lawful proceedings for the recovery of the
said Amounts or parts thereof.

9. To grant physical possession of the said Unit to the Contracted Party and to take back
the physical possession of the said Unit from the Contracted Party in terms of the
Arrangement.

10. To cancel/terminate the Arrangement for the said Unit with the Contracted Party.

11. To carry out any repair, maintenance, and other acts and things to keep the Unit in good
repair and condition at the cost and expense of the Executant.

12. To represent the Executant before statutory authorities for and on behalf of the
Executant and to pay statutory payments, including but not limited to property tax,
utility bills etc. to the concerned departments and to obtain necessary sanctions,
approvals, permissions in respect of the said Unit, at the cost and expense of the
Executant.

13. To sign all/ any applications, representations, forms, undertakings, indemnities,


authorities etc. as well as pay all fees, deposits and other amounts under whatsoever
head to statutory authorities and to take and give oral and written statements on behalf
of the Executant before any such authorities or official(s) whomsoever, as may be
required by the authorities/ government departments in respect of the said Unit.

14. For giving effect to and for the intent and purposes of the Arrangement and the
Facilitation Agreement:
(a) By itself or through third party(ies) perform the obligations as set out in the
Facilitation Agreement for the said Unit and the Arrangement thereof with the
Proposed Party and/or the Contracted Party and to submit all undertakings,
agreements, affidavits, declarations, applications, instruments, letters, bonds, for
and on behalf of and in the name of the Executant, as required from time to time
in connection therewith.
(b) To do all necessary acts, deeds and things and in relation to the obligations set out
in the Facilitation Agreement for the said Unit and the Arrangement thereof with
the Proposed Party and/or the Contracted Party including, without limitation for fit
outs / improvements; appointing agents, consultants, advisers and other personnel;
obtaining necessary approvals, clearances, permissions, approvals, consents and
no-objection certificates, wherever applicable.

15. To sign, verify, file, submit furnish all applications and documents before various
authorities in Gurugram (Gurgaon) and Chandigarh, including but not limited to
Haryana Shehri Vikas Pradhikaran Haryana (“HSVP”) / Haryana Urban Development
Authority (“HUDA”); Director, Town and Country Planning, Haryana (“DTCP”),
Chandigarh; Gurugram Metropolitan Development Authority (“GMADA”);
Municipal Corporation Gurugram (“MCG”); Haryana Real Estate Authority,
Gurugram (“HRERA”); Fire Department, Urban Bodies Department and all other
departments, Ministries and authorities of the Government wherein applications,
undertakings, declarations, etc., or any other document may be required to be filed in
connection with the said Unit in terms of and for the intent and purposes of the
Facilitation Agreement and for the Arrangement with the Third Party/ Contracted Party.

16. To enter into, make, sign, and do all such contracts, agreements, deeds, assurances,
instruments and things as may in the opinion of the said Attorney be necessary or
convenient or expedient for carrying out the purposes mentioned herein and in the
Facilitation Agreement. However, incidence of the same shall be ultimately borne by
the Executant.

17. To evict the Contracted Party on /from the said Unit, to initiate and file suits or any
legal proceedings in court/ tribunal of competent jurisdiction, appoint any pleader/
advocate, compromise and withdraw any proceeding/ cases and to do all acts which
may be required in respect thereto in terms of applicable laws.
18. Where required and where the circumstances so warrant to pay stamp duty and
registration charges for and on behalf of the Executant for the intent and purposes of
the Facilitation Agreement and to have the same remitted by the Executant.

19. To defend any suit or legal proceedings in any Court of law and to do all acts and things
as the Attorney may deem necessary and to file suits and other legal proceedings in
proper Court of Justice and before any Tribunal or Public Officer for recovery or
enforcement of any debt, sum of money, right, title, interest, rents and other amounts
due or to become due belonging to the Executant by any means or on any account
whatsoever in respect of the said Unit within terms as agreed to in the Facilitation
Agreement and for the intent and purposes of the Facilitation Agreement. Further to
engage any advocate or advocates for legal advice and for filing and conducting such
suits and other legal proceedings as may be required to be taken from time to time and
to pay fees and remuneration as the Attorney shall think appropriate. To sign, affirm,
declare and file vakalatnamas, plaints, written statements, statements of defenses,
petitions, applications, affidavits and other papers for and in such suits and legal
proceedings required to be taken in exercising the powers herein contained or taken
against the Executant.

20. To appoint any other attorney and delegate all or any of the powers given under this
Special Power of Attorney.
21. That in the event of any re-organization, restructuring, amalgamation, merger,
demerger etc. as permissible under law of any of the Executant (including any
constituent thereof this Special Power of Attorney shall continue to subsist and shall
remaining binding in law and equity.

22. The Entity / Attorney shall be entitled to undertake or implement any of its
authorizations provided herein through any of its director or officers.

23. The Attorney shall have the full and absolute power and authority from time to time to
appoint one or more substitute or substitutes to exercise all or any of the powers and
authorities hereby conferred upon the said Attorney and to revoke any such
appointment and from time to time substitute and appoint any other or others as the said
Attorney shall from time to time deem fit and proper and advisable.

For the avoidance of doubt, it is hereby clarified that this Special Power of Attorney pertains
to authorization for leasing/licensing of the said Unit and shall not be construed in any manner
as giving the Attorney any power, right or authorization for the sale, transfer, disposal of the
said Unit by Attorney. The authorizations and authority herein provided and conferred by the
Executant upon the Attorney shall be read in consonance with and is in furtherance of the
purposes as agreed to between the Executant and the Attorney under the Facilitation
Agreement.

And, generally to do any and/or all such other acts, deeds, matters and things which the
Attorney think necessary and expedient for the purposes mentioned above in respect of the
Unit even if they are not covered by the aforesaid acts.

And, the Executant hereby agrees to confirm and ratify all those acts, deeds, matters and things
done and/or cause to be done by the Attorney shall be construed as acts, deeds, matters
and things done by the Executant personally as if present and shall be binding on the
Executant.

And, at the request of the said Attorney, the Executant shall execute another deed of power of
attorney appointing as attorney(s) with all or any of the said powers as mentioned in this SPA
and granting all or any of the aforesaid powers granted herein to any nominee of the said
Attorney.

And, the Executant hereby agrees and confirms that this SPA shall remain valid and effective
and shall be co-terminus with the Facilitation Agreement.

And, the Executant hereby agrees, confirms and undertakes that this SPA shall not be revoked
and/or cancelled and is irrevocable during the Term of the Facilitation Agreement.

IN WITNESS WHEREOF, the Executant has set his/her/its/their hands and signed this
SPA in the presence of attesting witnesses, signing as such on the day, month and year
first above written.

SIGNED AND DELIVERED BY THE WITHIN NAMED EXECUTANT:

ACCEPTED BY:

___________________
WITNESSES:

1.

2.
Date:

Paryapt Infrastructure Private Limited (“Company”)


Unit No. SB/C/2L/Office/017A,
M3M Urbana Sector-67,
Gurugram Manesar Urban Complex,
Gurugram - 122102 Haryana India

Subject:- Commercial Unit No. ____________ allotted in ‘M3M Atrium57’ Block-H,


Sushant Lok-III, Gururgram (Haryana).
Dear Sir,
We, the undersigned have jointly applied for the captioned unit in the proportion defined
hereunder:
First Allottee: ____%
Second Allottee: ____%
Third Allottee: ____%
Fourth Allottee: ____%
You are requested to make a record of the same and in case any amount is payable to us, in
respect of the said Commercial Unit as per the Buyer’s Agreement, the same may be made in
the proportion as defined above.
Yours faithfully,
First Applicant Second Applicant Third Applicant Fourth Applicant

Signature: Signature: Signature: Signature:

Name: Name: Name: Name:

Bank Account Name: Bank Account Name: Bank Account Name: Bank Account Name:

Account No. Account No. Account No. Account No.

Cancelled cheque Cancelled cheque Cancelled cheque Cancelled cheque


attached: attached: attached: attached:

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