Common use of Development of the Project Clause in Contracts

Development of the Project. The Allottee has seen the specifications of the Unit and accepted the Payment Plan, layout plans [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed or notified by the State Government and shall not have an option to make any variation/alteration/modification in such plans, except as specified in clause 1.5 and other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

Appears in 2 contracts

Samples: Buyer Agreement, Buyer Agreement

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Development of the Project. The Allottee has seen the specifications proposed layout plan, specifications, amenities and facilities of the Unit Plot and accepted payment plan and the Payment Planspecifications, layout plans amenities and facilities [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed or notified by the State Government and shall not have an option to make any variation/alteration/variation /alteration / modification in such plans, except as specified in clause 1.5 and other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

Appears in 1 contract

Samples: Agreement for Sale

Development of the Project. The Allottee has seen the specifications of the Unit Plot and accepted the Payment Plan, layout plans [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed or notified by the State Government and shall not have an option to make any variation/alteration/modification in such plans, except as specified in clause 1.5 and other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

Appears in 1 contract

Samples: Buyer Agreement

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Development of the Project. The Allottee has seen the specifications of the Unit Project and accepted the Payment Plan, layout plans [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plansplans and specifications of the Project. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent Authorities and shall also strictly abide by the bye-laws, FAR and density norms and provisions prescribed or notified by the State Government and shall not have an option to make any variation/alteration/variation /alteration / modification in such plans, except as specified in clause 1.5 and other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of the Agreement.

Appears in 1 contract

Samples: Agreement for Sale

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