Terms and Conditions
I affirmand declare as under:
That this dwelling unit option scheme shall be applicable up on all necessary approval sanction by Real Estate Regulatory Authority established under
sub section (1 of section 20 ofthe real estate regulation of development act 2016)
That I have read the information booklet and shall abide by the contents specified there at.
That my business or occupation (if any) is not in conflict or in competition with the business of the Diamond Multi state Co-operative Group
Housing Society Ltd.
- That I will use at least for two consecutive years the services of the minimum level specified in the bye-laws of the Society.
- That I will attend requisite number of the General Body Meetings of the Diamond Multistate Co-operative Group Housing Society Ltd. unless such
absence is not been condoned by themembersin the general bodymeeting.
- That I will not make any default in payment of any amount to be paid to the Diamond Multistate Co-operative Group Housing Society Ltd under the bye-laws of the Society, in case of default I will cease to be member of the Society and the decision of Diamond Multistate Co-operative Group
Housing Society Ltd in thisregard shall be final and binding.
- That I/we am/are major, an individual and competent to contract undersection 11 of the Indian Contract Act, 1872 (9 of 1872).
- That I will purchase the minimum number of shares and pay the value there of in full as may be laid down in the bye-laws of the Diamond
Multi State Co-operative Group Housing Society Ltd.
- That I will fulfill all other conditions laid down in the MSCS Act 2002, the Rules and the bye-laws of the Diamond Multi State Co-operative
Group Housing Society Ltd.
- That I have not been adjudged by a competent court to be an insolvent or an un-discharged insolvent.
- That I shall pay Annual Fee of ` 4900/- on yearly basis i.e. year ending on 31st March as Administrative charges for running and maintenance of
the society. Fee is subject to change without any prior notice.
- That I have not been sentenced for any offence, other than offence of a political character or an offence involving moral turpitude and dishonesty.
- That I am fully aware about the Land Pooling Policy of the Delhi Development Authority and provision contained in Delhi Master Plan 2021, I am also aware that the
society isintended to purchase the land in LZone to meet the objective of the society. I also agree to pay the land cost along with application
and other demandsraised by the society.
- That developed/actual plot will be allotted by Delhi Development Authority (DDA) as per Land pooling Policy.
- That I have read the regulations and Bye Laws ofthe society.
- That I amin agreement with the floor plan.
- That I authorize the management of society to buy the land and to construct on behalf of me and i am fully aware that construction cost/car parking cost is
variable as permarket conditions and the governing body hasright to take decisions on it.
- That the allotment of units will be purely on draw basis.
- That I ama citizen ofIndia.
- That I understand that any change in plan brought about by change in regulation / compliance asset by the government Authorities shall be binding on me.
- That any change brought about by the management ofthe society in the common interest ofthe society and its members shall be binding on me.
- That any increase / decrease in costing due to any change in regulation / compliance shall be binding on me.
- That any Govt. charges levied by any competent authority shall be binding on me.
- I / We undertake to pay the Society, the full land cost of this application as per the payment plan provided to me. I/We hereby agree and confirm that the
payment made to the society by me with this application as land cost shall stand refunded/adjusted/ transferred/forfieted. If I/We am/are not able to pay the
balance land cost in the stipulated time , or if I/We fail to abide by any of the terms & conditions of this application and bye-laws of the Society, then any
decision of the governing body shall be binding on me. I/We also agree to pay the Stamp Duty, Registration Charges, Services Taxes & construction cost /
EDC/ IDC and all other charges/taxes/dues as demanded by the Society fromtime to time in future.
- I/We have completely understood that Diamond Multistate CGHS will appoint a member facilitation agency for better working and services of
society towards respective members. A certain amount will be paid to member facilitation agency and this amount is already included in land cost.
- That the demarcation, zone & building plan for the said scheme/project are yet to be sanction by the competent authority and the other terms & conditions as stated in
this application / brochure and any representation by society are entirely tentative and liable to change, alter, modify, revise, add, delete,
substitute or recast at the sole discretion of the society asit may deem fit in the best interest of the project/ scheme and to achieve the aims and object of the
society. I/We shall have no objection to same.
- I/We have clearly understood that the society reservesthe right to increase or decrease the number of members at its discretion as and when considered
necessary in the best interest of the projects/scheme as per the provision of proposed/final land pooling policy of DDA or due to any other unforeseen reason/
circumstances. I/We shall have no objection to same.
- My particulars as mentioned in this form and membership application form may be recorded for reference, record and communication and any changes shall be
communicated by me well on time regarding communication details.