Payment Schedule:
40% of the total contracted amount to be paid initially at the time of executing
the agreement and title deed, 15% on completion of foundation, 15% on completion of
ground floor roof work,15% on completion of second floor roof work, 10% completion of plastering and
5% at the time of handing over
Maintenance
An Ownership Association/Trust will be formed on handing over of the possession of the villa.Membership in
the above Association/Trust is compulsory.The Owner's Association/Trust will carry out all necessary routine and
annual maintenance and repairs to the club house,roads, drainage, street lighting, other common areas, all exterior surfaces, compound wall and gate
of villas other common installations
and fittings,
payment
of electricity and water charges for common facilities and services.Maintenance charge/deposits are to be paid by each
owner regularly and on time.The maintenance will be carried out by the builder upto a period of one year after handing
over posession after which the Owners Association, will take over the maintenance.Maintenance deposit/advance is
collected from all the owners by the builder and after appropriating the expenses incurred by the builder during the
period the maintenance was done by them, the builder shall transfer the balance amount to the Association after its
formation.
Rules and regulations
Alpine Homes' "FIFTH AVENUE" is a time bound project scheduled to commence in August 2006 and completed by
December 2008.Incase payments are not made as per agreement signed,the builder reserves the right to cancel
the allotment,in which case the amount paid until such cancellation will be returned only after reallotment to
another party and without any interest.
Note:All measurements and specifications given elsewhere in this website are subject
to minor variations without specific or general notice .All such variations/alternations shall be purely at
the discretion of the builder.The information contained herein does not form part of the contract and is
subject to change.Elevation given is an artistic impression only. This website does not constitute
a legal offer nor an invitation to an offer.