Common use of Proposed Development Clause in Contracts

Proposed Development. 3.1. The Vendor proposes to develop the Scheduled Land in accordance with the permit for construction/development into a housing complex as per details given below: 3.1.1. One block of flats is proposed to be constructed. 3.1.2. The block consists of 5 floors. 3.1.3. Parking is proposed to be provided on the stilt floor. 3.1.4. Total of 30 flats are proposed to be constructed on. 3.1.5. Other amenities and facilities proposed to be provided are – roads, children’s park, generator for backup, compound wall, security kiosk, overhead tanks, sumps, etc. 3.1.6. Each flat shall have a separately metered electric power connection. 3.1.7. Water for general purpose use shall be provided through borewells. Underground sump shall be provided for purchase of water by tankers. 3.1.8. Connection for drinking water shall be provided in each flat. Drinking water shall be provided by an onsite RO plant and / or municipal water connection. 3.1.9. The proposed flats will be constructed strictly as per the design proposed by the Vendor. The Vendor reserves the absolute right to design or make changes to the scheme of design, colors and use of finishing material for the proposed flats, common amenities, etc., as it deems fit and proper. 3.1.10. Purchaser shall not be entitled to make changes in elevation, external appearance, colour scheme, etc. 3.1.11. The Vendor shall provide amenities and facilities on the Scheduled Land in phases and all the amenities and facilities proposed to be provided shall be completed on or before completion of the last phase of development of flats. 3.1.12. Each flat has been assigned proportionate undivided share from in the net land for development. 3.2. The proposed project of development on the entire Scheduled Land is styled as ‘Morning Glory Apartments at Genome Valley’ and is hereinafter referred to as the Housing Project. That the name of the project which is styled by the Vendor as Morning Glory Apartments at Genome Valley shall always be called as such and shall not be changed.

Appears in 2 contracts

Sources: Agreement of Sale, Agreement of Sale

Proposed Development. 3.1. The Vendor proposes to develop the Scheduled Land in accordance with the permit for construction/development construction /development into a housing complex as per details given below: 3.1.1. One block Total of 107 flats is are proposed to be constructedconstructed in a single block. 3.1.2. The block consists of 5 floors. 3.1.3. Parking is proposed to be provided on the stilt floor. 3.1.43.1.3. Total of 30 flats are proposed to be constructed on. 3.1.5. Other amenities Amenities and facilities proposed to be provided are roads, children’s park, generator for backup, compound wall, security kiosk, overhead tanks, sumps, etc. 3.1.63.1.4. Each flat shall have a separately metered electric power connection. 3.1.73.1.5. Water for general purpose use shall be provided through borewells. Underground sump shall be provided for purchase of water by tankers. 3.1.83.1.6. Connection for drinking water shall be provided in each flat. Drinking water shall be provided by an onsite RO plant and / or municipal plant. On a later date drinking water connectionfrom the water board may be optionally provided based on availability of infrastructure around the site. 3.1.93.1.7. The proposed flats will be constructed strictly as per the design proposed by the Vendor. The Vendor reserves the absolute right to design or make changes to the scheme of design, colors and use of finishing material for the proposed flats, blocks, common amenities, lifts, etc., as it deems fit and proper. 3.1.103.1.8. Purchaser shall not be entitled to make changes in to the elevation, external appearance, colour scheme, etc. 3.1.113.1.9. The Vendor shall provide amenities and facilities on the Scheduled Land in phases and all the amenities and facilities proposed to be provided shall be completed on or before completion of the last phase of development of flats/blocks. 3.1.123.1.10. The net extent of land being developed is 4,719sq yds. Each flat has been assigned proportionate undivided share from in the net of land for developmentequal to 44.10 sq yds. 3.2. The proposed project of development on the entire Scheduled Land is styled as ‘Morning Glory Apartments Bloomdale Residency at Genome Valley’ and is hereinafter referred to as the Housing Project. That the name of the project which is styled by the Vendor as Morning Glory Apartments ‘Bloomdale Residency at Genome Valley Valley’ shall always be called as such and shall not be changed.

Appears in 1 contract

Sources: Sale Agreement