Application
|
| Interested Allottee shall submit application on
the prescribed APPLICATION FORM duly signed by him/her along with
booking money. BC reserves the right to accept or reject any application
without assigning any reason. |
| |
Allotment |
Allotment will be made on
first come first served basis. On acceptance of application and
booking money, BC will issue a deed of agreement for allotment
to the applicant on receipt of which he/she will start making
payments as per the schedule of payments in the agreement. Allottee
willing to make a one time payment will be entertained with substantial
discount. Allottee shall have no right to transfer the allotment
to the third party. |
| |
Payment
|
All payments shall be A/C
Payee Cheque or Bank Draft or Pay-order or Cash in favour of "BASHATI
CONSORTIUM LIMITED". Bangladeshis residing abroad may remit
payments by TT or DD or Wire Transfer to BASHATI CONSORTIUM LIMITED
in the following account: |
| |
CURRENT ACCOUNT
NUMBER
|
: |
011811100004858 |
| ACCOUNT NAME |
: |
BASHATI CONSORTIUM LTD |
| BANK NAME |
: |
MERCANTILE BANK LTD |
| BRANCH |
: |
ELEPHANT ROAD BRANCH |
| SWIFT NO. |
: |
MBL–BBDDHA06 |
|
| |
| Penalty |
Allottee must strictly follow
the payment schedule. BC may issue reminders to the Allottee for
delay in payment beyond due date. The Allottee is liable to pay
a delay charge @ 3% per month on default payment. If the payment
is delayed beyond 2 (two) months BC shall have the right to cancel
the allotment and the amount paid by the allottee will be refunded
after reselling the flat to new prospective buyer and retaining
20% of the paid amount as penalty. |
| |
| Company's Right |
The Company may make minor
changes in the design both Architectural and Structural of the
project; should these become necessary for benefit of the purchasers.
Limited changes in the specification and facilities may be made
by BC for overall interest of the project. |
| |
| Refund |
For any reason beyond the
control of BC like force majeure, natural calamities, political
disturbances, army movement, strikes, Acts of God or economic
conditions, etc., the company may be bound to abandon the project.
In such an event Allottee will be entitled to get refund of all
installments along with the booking money already paid by him/her. |
| |
| Utility Connection |
Connection fees, security
deposit for Water, Sewerage and Electricity and incidental expenses
relating to these shall be initially paid by the company (BC)
to the concerned authorities on Allottee's behalf. Allottee shall
reimburse the same to the company proportionate to his/her share. |
| |
| Additional charges |
| Additional charges has to be paid by the allottee
for any optional works made by the him/her. |
| |
| Transfer of Ownership
|
Proportionate share of undivided
and undemarcated land along with the apartment will be registered
in favour of each allottee. In case the project is registered
in the name of a limited company the allottee will get proportionate
share of the company. |
| |
| Transfer Cost |
| All costs relating to transfer of ownership shall
be borne by the allottee on actual basis. |
| |
The management of the building
will be operated by the Owners Society or Bashati Management Ltd.
Each allottee must initially deposit an amount to the Owners Society
or Bashati Management Ltd for maintenance expenses of the building
which will cover maintaining and repairing of common areas, water
tanks, electrical mains, lifts, water pumps, generator, water
leakage, external painting and cleaning (every 5 to 10 years),
supplying uniforms to the staffs of the complex, etc. |
| |
| Monthly Service Charge |
The allottee is liable to
pay Tk............................. per month to Bashati Consortium
Ltd as service charge to cover common services (security, cleaning,
garbage disposal, common electricity/water/sewerage/gas, lift(s),
intercom, generator, caretaker, electrician, liftman, etc) from
the date of taking physical position or the key of the apartment
till the complex is officially handed over to Owners’ Society
or Bashati Management Ltd. |
