1.
It will be a first come first service based allotment
system.
2.
Application must be made using the Wakia Properties
Ltd (WPL) Prescribed from, Buyers will deposit booking money @ Tk 50,000/- per Plot through pay order/bank draft in favour of WPL along with 02 (Two)
copies of passport sized photographs duly attested photocopies of National
Identity Card/Passport/Birth certificate. In case of nominees documents must be
submitted.
3.
The company will have the right to accept or reject
any application without assigning any reason.
4.
All payment shall be made by cheque/pay order/Bank
draft in the name of WPL through account payee crossed residing in abroad may
payment by TT or DD through proper and lawful channel.
5.
The Buyer must strictly adhere to the negotiated
payment schedule in paying the booking money installments as per schedule.
6.
In case of failure to pay installment in due time, the
buyer will have to regularize the payment before the next installment has
fallen due. in the events of failure of payment of total 03 (three)
installments (or as decided by the company) in due time, the company will have
the right to cancel the allotment and allot the same to another intending allotee, in such case, the buyer will get back
the deposited money within quickest possible time after deducting incidental
charges.
7.
After the payment of “Booking money” and “Down
payment” a “Deed of Agreement” will be executed in favour of the buyer.
8.
A formal allotment letter shall be issued to and a
“Deed of Conveyance” shall be executed and registered in favour of the buyer
after payment of consideration of plot full and completion of formalities with
govt. bodies.
9.
All costs involved for execution and registration of
the “Deed of Conveyance” shall be come by the buyer.
10.
Without the prior consent of the company the buyer
shall not in writing transfer, company, mortgage, assign or in any other
registered as saff kabola.
11.
Buyer shall bear the cost & be responsible for the
connection of gas, water, electricity etc.
12.
If the buyer surrenders voluntary after booking the
land but before registration of Deed of conveyance, he/she/they will be
refunded the amount deposited within quickest possible time.
13.
The buyer shall abide by the terms and conditions
contained in provisional allotment letter, Deed of Agreement, formal allotment
letter and the Deed of conveyance.
14.
Before registration of sale deed/deed of conveyance,
if the buyer wants to change the ownership of the plot in favor of his father,
mother, husband, wife, brother, sister, son or daughter no transfer-fee will be
required for the purpose. However, other than the above mentioned relatives
transfer will only be done after giving prescribed transfer-fees to the
company.
15.
The area of the plot may vary on measurement while handing
over physical possession. In case of variation in measurement of the plot, the
buyer shall pay for the increased quality of land at present market price and
in case of decease on quantity the company shall refund the proportionate
amount at booking price rate.
16.
Company will reserve the right to change/modify/alter
the layout plan for the greater interest of the project. In such case the
company will try to reallocate a plot to the purchaser keeping in view to the
size and location of the previous plot.
17.
Real Estate mortgage may be done as per Real Estate
and Development Act-2010.
Finally any kind of variation in
respect to the location, position, size of the plot shall be accepted by the
purchaser. The company’s decision would be final in this regard
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