Common use of Development Period Clause in Contracts

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 6 months starting from the date of NoA. The development period shall be 60 months which shall include the period of 6 months for obtaining requisite approvals.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 6 10 months starting from the date of NoA. The development period shall be 60 108 months which shall include the period of 6 10 months for obtaining requisite approvalsapprovals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreement.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 6 months 1 (one) year starting from the date of NoA. signing of this Agreement. The development period shall be 60 ( ) months which shall include the period of 6 12 months for obtaining requisite approvals.

Development Period. The successful developer is required to sign the agreement within 3 months from the date of NoA complying with the conditions set out in the tender document and to obtain all requisite approvals including Environmental Clearance within a period of 6 12 months starting from the date of NoA. The development period shall be 60 84 months which shall include the period of 6 12 months for obtaining requisite approvalsapprovals and said also include the period within which the developer shall allot the housing units/apartments to the end users and sign the lease agreement as set out in the agreement. Development Period & Milestones: As per Schedule – “F”, Part – D of Tender.