SAVERA LAND DEVELOPERS PVT LTD S-11,2ND FLOOR, KRISHNA TOWERS, 3rd MAIN GANDHINAGAR, BANGALORE-560 009 PH-080-32930633 6th Nov,2014 BOARD OF DIRECTORS OF SAVERA LAND DEVELOPERS PVT LTD CORDIALLY INVITE YOU TO GRACE THE OCASSION OF THE INAUGRAL BUMPER DRAW OF SAVERA PARADISE- PHASE-2 ON SUNDAY, THE 30TH NOVEMBER 2014 The Bumper draw will be held only for Plan A members and will have the following prizes: BUMPER DRAW PRIZE: MARUTI ALTO 800 • • • • First Prize – TVS Star - Bike Second Prize – 26” TV Third Prize – Washing Machine 5 Consolation Prizes A formal invitation along with details of the venue will be posted to all our members at the earliest. We look forward to meet you all at the event and hope to meet the expectations of all our customers with regards to the development and appreciation of the project. Thanking You, DL Dalmia Chairman 07-07-2014 Dear Members, We are delighted to inform you that the process of residential conversion of Savera Paradise Phase-2 is completed and the project has got its approval from the Office of the Tumkur Deputy Commissioner on 20-06-2014 vide order number ALN (TMK) CR-79/14-15 and ALN (TMK) CR-80/14-15. The conversion order has been uploaded on our website www.saveraparadise.com and can be viewed at your convenience. We thank all our valued members who trusted us and co-operated with us throughout this period of inadvertent delay by continuing the payment of monthly installments which gave us the confidence and the moral support to finish the process at the earliest. We appreciate your trust, and we’ll do our best to reciprocate by offering the kind of product and service you deserve. We are also happy to inform that we have started a housing project in Savera Paradise – Phase 1 and have started the construction of the model home which is expected to get completed during the month of November 2014. In subsequent correspondence, details about the housing project will be communicated. After obtaining the project approvals we have not wasted any time and have already started planning about the development work in Savera Paradise- Phase-2. We expect to start the development work by month end and deliver all the amenities as mentioned in the brochures at the earliest.As practiced in Phase 1 of this project all the snaps of major developmental work will be uploaded at regular intervals on our website for your reassurance. As mentioned earlier, the company will call for the payment of Rs. 1,50,000/- (Rupees One Lakh Fifty Thousand) only when it has started the development work in the layout and at the time of conducting the Bumper draw for its various prizes. As a result of completion of major project approval works and start of the development work in the layout we sincerely request all the members to pay the one-time amount of Rs. 1,50,000/- (Rupees One Lakh Fifty Thousand) along with the monthly installment of Rs. 9,000/- (Rupees Nine Thousand Only) on or before 15th August 2014. Hence all the members would be required to pay a sum total of Rs. 1,59,000/(Rupees One Lakh Fifty Nine Thousand) for the month of Aug- 2014.The dates of the lucky dip draw and details of sites allotment will be communicated at the earliest. We are also pleased to inform that due to the overwhelming response we have sold most of the saleable sites and are left with very few to offer. Due to the limited availability if any of our members or there relations/friends are interested to apply they can do so by paying a premium of Rs. 50,000/- along with updated installment and the above mentioned one-time payment of Rs. 1,50,000/- (Rupees One Lakh Fifty Thousand) on or before 15th August 2014. The company will not be accepting any applications for sites beyond 15th August 2014. Once again we thank you for your continuous patronage and look forward to meet you all at the Inaugural Bumper Draw. Best Regards, DL DALMIA CHAIRMAN APPLICATION FOR ALLOTMENT OF SITE IN SAVERA PARADISE M/s. Savera Land Developers Pvt Ltd- S-11,2nd Floor, 3rd Main, Gandhinagar, Bangalore-560 009. Ph No: 080 32930633 I hereby apply a site measuring 30 X 40 i.e 1200 sq.ft in your layout titled “SAVERA PARADISE”. The amount paid towards membership of Rs…………………(Plan A) or (Plan B) is remitted by Cash/Cheque/DD No …………………..dated …………. drawn on…………………….I agree to pay the balance amount as mentioned below and in accordance to your terms & conditions mentioned overleaf. PAYMENT SCHEME BOOKING (From February 2013) BALANCE (with in 45 days) (Plan B) MONTHLY INSTALLMENT PLAN A Installment Scheme PLAN B (CASH DOWN) North/East South/West Rs. 1,00,000/- Rs. 1,00,000/- Rs. 1,00,000/- N/A Rs. 7,00,000/- Rs. 6,50,000/- (Starting from May 2013) Rs. 9,000 X 20 Months Rs.1,80,000/- Rs.10,000 X 20 Months Rs. 2,00,000/- Rs.11,000 X 20 Months Rs. 2,20,000/- Payable as and when company intimates Rs. 1,50,000/- Closure of Scheme Rs. 50,000/- STATUS AS ON 10TH OCT2014 FEW SITES LEFT SOLD OUT SOLD OUT TOTAL Rs. 9,00,000/- Rs. 8,00,000/- Rs. 7,50,000/- I agree to pay an additional premium amount of 5% on total amount, if I am allotted a North/East site in draw (for Plan A customers). 10% premium will be charged extra for corner sites for both plans. APPLICANT'S NAME AGE : FATHER'S/ HUSBAND'S NAME ADDRESS: CONTACT NUMBER MEMBERSHIP NUMBER REFERRED BY I have perused and have read & understood the details of the terms & conditions of the Scheme mentioned on the overleaf and here by accept the same. Date: Signature of the Applicant TERMS & CONDITIONS OF MEMBERSHIP FOR SITE IN SAVERA PARADISE 1. The location of the layout is “Savera Paradise” – Near Hirehalli Industrial Area, Incap factory Road, Tumkur District. Duration of the Scheme is 60 months for Plan A and for Plan B – immediate. 2. The area of the plot is 30 X 40 i.e., 1200sq.ft. If the plot is in excess or less than 1200sq.ft. the difference of cost shall be borne proportionately by the members or company accordingly. The cost of the site measuring 30 X 40 will be the amount as mentioned overleaf depending on Plan. 3. For members in Plan A the site numbers will be allotted through a site dip draw as per membership number, apart from the bumper draw to be held in the month of October 2013. Only those members who have paid Rs. 1,50,000/- along with the monthly installment will be eligible for both the draws. 4. The members cannot choose the direction of the site he applies for. The same shall be decided through draw system only. 5. If the member is not present at the time of the site draw, the company shall pick the draw of site, after site draws of all the members present 6. For members in Plan B who have paid the full and final amount within the due date sites to them will be allotted on first come first serve basis before the lucky draw to be held in the month of October 2013. 7. In case any member fails to pay installments before the 10th of every month he shall be liable to pay a sum of Rs.300/- as penalty per installment per month. 8. Cheque bouncing charges of Rs.750/- shall be charged in case the member’s cheque is bounced. 9. All the members are requested to pay the monthly installments regularly for the development of the layout without any interruption, in case any member fails to pay 3 consecutive monthly installments for Plan A then his/her membership will be cancelled without notice and the amount so paid shall be refund as per clause 10. 10. The money received from the members is invested in the development of the site. I hence refunding the amount during/after the scheme is difficult. So to discourage such practice 50% of the amount paid shall only be refunded. 11. The member must get their site registered compulsorily within a maximum period of 3 months after the closure of the installments or the company reserves the right to charge the member office maintenance charges (at the discretion of the management) per month towards office maintenance. 12. Change of address of member should be intimated to the office in writing (oral communication ‘shall not be entertained) and an acknowledgement should be obtained, else for all communications and other requirements the address furnished in this application form will be valid. 13. Stamp duty, Documentation, Registration charges and allied expenses shall be borne by the applicant. 14. Security will be provided for the layout till the completion of the scheme and thereafter the customer will be responsible for the respective site’s security. 15. Only the Company reserves the rights to alter, defer any terms & conditions mentioned above. In case of any discrepancy regarding any matter what so ever, the decision of the management of the company shall be final & binding. 16. The company shall not be liable for any loss or damage due to Act of Nature, Government actions, other force majeure, circumstances and shall not be liable to pay any amount as compensation or otherwise for on such loss. In future after this date, if the project land is acquired by government or other local authority agency etc, the company shall compensate the members proportionately the compensation which the company has received from such agency after deduction of all the office expenses/development expenses the company has incurred. 17. The company reserves the rights to accept or reject any application for membership. 18. All disputes are subject to Bangalore Jurisdictions only. Layout will be provided with Cement concrete drain, Individual under ground drainage, Piped water facility for each plot, Overhead water tank with sump, Metalling and tar road, Complete electrification, Park development and will be DC Converted and approved by Tumkur Urban Development Authority.(TUDA) Having come to know of SAVERA LAND DEVELOPERS (P) LTD., providing sites, I hereby request you to admit me as a bona fide member for me to purchase a plot as declared. The above-mentioned Terms & conditions have been read by me & explained in the language known to me. I am fully convinced with the matter stated above. I hereby application without any coercion. Date : Place : Signature
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