TERMS AND CONDITIONS

For transactions with Castle Homes Builders & Developers Pvt. Ltd., the customer has to agree with our terms and conditions, given below.



Terms

All payments only by Demand Draft or by Post Dated Local Cheques favouring Castle Homes Builders & Developers Pvt. Ltd., payable at Kottayam.


Every effort will be made to obtain electrical, sanitary and water connections with in the stipulated delivery time. However, no responsibility is accepted for any delay beyond our control, in obtaining these services from Statutory Bodies. Any expense incurred for providing temporary supplies for the occupation of the premises shall be met by the buyer.


The furniture layout shown is only an indication of space utilization. Dimensions and details provided in the brochure are subject to minor alterations and variations without notices, which shall be purely at the discretion of the Builder. Castle Home Builders & Developers Pvt. Ltd. reserves the right to cancel / reject a booking without assigning any reason whatsoever. In case of such cancellations / rejections, the booking amount will be refunded without interest within 30 days from receipt of a written application for refund. In case of a booking being cancelled after execution of agreements, the amount paid will be refunded after deducting 10% and only after the builder re-allots the said apartment to another buyer.

Documentation

On allotment, 2 agreements will be executed between the builder and the buyer, one for the sale of undivided share in land and other one being the Construction Contract with separate considerations being specified in each agreement. Total value of land and construction will be shown in the payment schedule. The Sale Deed of the undivided share in land will be registered in favour of the buyer on receipt of the entire payment and before handing over. The buyer shall be entitled to get only the proportionate undivided fractional right in the land pertaining to his/her apartment which may be exclusively owned by him. The buyer shall execute the Sale Agreement and the Construction Agreement within 10 Days from the date of allotment.

Maintenance

Owners Association will be constituted on handing over possession of the apartments, in which membership is automatic. The Owner's Association will carry out all necessary routine and annual maintenance and repairs to common area and exterior walls of the building, common fittings and installations, payment of electrical and water charges for common facilities and services. Maintenance charges, to be decided upon commissioning, are to be paid by each owner regularly and timely.


Get in Touch

For more information or clarifications please get in touch with us right away. Visit the Contact page for more details.