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Documentation of Villa comprises of two parts

a) On allotment two agreements will be executed between the builder and the purchaser, one for sale of land another for construction of Villa.  Though separate considerations are specified in each agreement, composite value of land and construction will be shown in the payment schedule, Necessary citations to this effect are given in the agreements.

b) The sale of the deed land will be registered in favor of the purchaser on receipt of the entire payment of land, documentation charges,  Registration charges and incidental expenses for the registration of the sale deed will be aped by the buyer.

Booking amount of Rs.1,00,000/- to be paid at the time of booking.

Payment Schedule

Balance amount in 5 installments in the below mentioned manner

1) 20% on Agreement

2) 15% at the time of foundation

3) 20% at the time of Ground Floor

4) 20% at the time of First Floor

5) 20% at the time of Plastering

5) Balance before handling over.  Booking amount collected will be adjusted in this balance amount.

Once allotted and agreement is signed the price charged will be constant under all circumstances

Payments should be made by way of Demand Draft or by cheques favoring Shanoor Projects payable at Trivandrum.

Possession shall be given only to the customer after effecting full payments to the firm

Shanoor Projects reserve right to to accept or reject any application for Villas without any reason .

Maintenance of Villas

Owners Association by name "Shanoor Zenana Enclave Villas Society" will be formed on handling over the villas/row houses.  The owners association will carry out the complete maintenance and repairs of common facilities.  Deposits for Shanoor Zenana Enclave villas society has to be paid by each customer for its smooth functioning and the said deposit collected will be handed over to the authorities of the owners association when the project under reference is finalized.  Owners Association will be formed after handling over possession of the land to the customer.  Membership in the society of Shanoor Zenana Enclave Villas is compulsory and not optional any cost.  The referred society will carry out all necessary routine and annual maintenance and repairs to common area of the ownership, common facilities, payment of electrical and water charges for all common facilities and services.  Maintenance charges/deposits are to be paid by each owner regularly and timely for smooth function.

Shanoor Zenana Enclave Villas is a time bound project.  In case payments are not as per agreement signed, the builder reserves the right to cancel the allotment.  The advance amount received in this context will be returned only after re- allotment to another party without any interest after deducting the expenses incurred for the allotment of villas subject to the duly completion of the term No.1

All disputes to Trivandrum jurisdiction only.

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