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Terms & Conditions
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Sales tax, Service Tax, Stamp Duties, Sales Fees and other expenses incidental to the registration of documents, KSEB deposit, Cable charges and other expenses incidental to power and lighting connection, Property Tax, Building Tax, Kerala State Construction Workers Welfare Fund fees and any other tax prevailing or taxes applicable in future by statue are to be borne by the purchaser. |
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All measurements are subject to minor variation without specific or general notice. |
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Any extra work or additional fittings required should be intimated in advance and payment towards the same should also be made in advance by the allottee. |
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The firm reserves its right to cancel the allotment if the allottee commits default in payment of the cost and in such event the allottee shall be held responsible for any loss arising there from. |
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Possession shall be given to the customer on settling all the dues to the builder. |
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Once allotted and agreement is signed, the prices are firm. |
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All payments are to be made by demand draft or by local cheques favouring M/s. Squarefeet Promoters & Developers, Kannur. |
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All transactions are subject to the Kannur jurisdiction only |
Maintenance
On handing over the possession of the Villas, Town Houses, Apartments Owners association is to be formed, whose membership is Compulsory and not optional . The association will carry out the complete maintenance and repairs of common facilities and amenities of the layout. Expenses towards the same are to be born by the owners accordingly.
Documentation
Documentation of Villas, Town Houses, and Apartments comprises of two parts:
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For the sale of the individual plot in the name of purchaser on receipt of the initial payments. Documentation charges, registration charges and incidental expenses will be on buyers account. |
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An agreement between builder and purchaser for construction of the Villa. |
Note: All measurement and specification given elsewhere in this brochure are subject to minor variation without specific or general notices. All such variations/alterations shall be purely at the discretion of the builder. Furniture and fixtures are indicative only. The information contained here in is not the part of the contract and is subject to change. This brochure does not constitute a legal form.
Mode of payment for Villas & Townhouses
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10% Advance on Initial Booking |
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10% at the time of stamp duty & registration |
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15% on Completion of Plinth |
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15% on Completion of Lintel Ground Floor |
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10% on Completion of Ground Floor Slab |
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15% on Completion of Lintel First Floor |
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10% on Completion of First Floor Slab |
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10% at the time of Plastering |
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5% at the time of Handing Over |
For more details contact us today!
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