A P P L I C AT I O N

F O R M

APPLICATION FORM
APPLICATION FOR PROVISIONAL RESERVATION OF A UNIT IN INDIABULLS PARK SITUATED AT VILLAGE KON, TALUKA
PANVEL, DISTRICT RAIGAD, MAHARASHTRA-410207

M/s. Lucina Land Development Limited,

15th Floor, Tower-I, Indiabulls Finance Centre,
612 - 613, Elphinstone Mill Compound,
Senapati Bapat Marg,
Elphinstone Road (W), Mumbai 400013
Dear Sir,
I/We, the applicant(s) understand that M/s. Lucina Land Development Limited (Company), has proposed to develop
a Residential project under the name and style of INDIABULLS PARK SITUATED AT VILLAGE KON, TALUKA PANVEL,
DISTRICT RAIGAD, MAHARASHTRA-410207 (herein after referred to as Project), which comprising of Multistoried
building (s)/Tower (s) & Apartments and I am/we are making this application for a Provisional Reservation of a the
Residential Apartment Unit therein (Application Form).
I/we request the Company to provisionally reserve in my/our favour a Residential Apartment Unit (hereinafter
referred to as Unit), in the said Project.
I/We, hereby remit a sum of Rs ........../- (Rupees ......................Only),
by Bank Draft / Cheque bearing number ., dated .., drawn on, in
favour of Lucina Land Development Limited, payable at Mumbai, towards the said Provisional Reservation of a
Residential Apartment Unit (Provisional Reservation Money).

[NOTE: All receipts issued shall be subject to realization of bank draft(s)/ cheque(s). In case of cheque(s)/pay
orders/demand drafts payable outside Mumbai Bank, collection charges of Rs. 1000/ shall be charged. Clearance
of Outstation cheques should take place within due date towards any demand raised. In case the cheque comprising
of the Provisional Reservation Money is dishonored for any reason, the Company reserves the right to cancel the
Provisional Reservation of a Residential Apartment Unit without giving any notice to the Applicant(s). Company
shall not be held responsible for any loss or delay of cheque clearance.]

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

P L E A S E

D O

N O T

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In the event of the Company deciding to provisionally reserve a Unit, I/we agree to pay further installments of
Total Sale Price and all other charges and dues as stipulated in this Application and/or the Agreement for Sale
(subsequent to allotment of Unit) and the Payment Plan as chosen by me/us.
I/ We have also clearly understood that this Application does not constitute a binding agreement to sell and I/We
do not become entitled to the provisional and/or final allotment of Unit despite the fact that the Company may have
issued a receipt in acknowledgement of the money tendered with this Application. It is only after I/we sign and
execute the Agreement for Sale as per the Companys standard format agreeing to abide by the terms and conditions
laid down therein that the allocation shall become final and the terms of such Agreement for Sale shall be binding
upon the Company as well as me/us. If the Company, for any reason/s other than the reasons attributable to me/us,
is not in a position to execute an Agreement for Sale within a period of 24 months from the date of this Application,
the Company has the option to refund/I/we shall have option to seek refund of the monies paid till then by me/us by
serving a 30 days notice along with simple interest thereon at the rate of 12% per annum for such period the amount
has been deposited with the Company and cancel the Provisional Reservation made herein.
I/we am/are making this Application being fully aware of the fact that my cancellation of said Provisional Reservation
and application for refund of Provisional Reservation Money will be subject to such terms and conditions and
deductions as mentioned in this Application. I/we further agree that if due to any reason whatsoever attributable to
me/us including but not limited to:
(a) Non-compliance of the terms and conditions of this Application or Agreement for Sale; or
(b) Failing to sign Agreement for Sale within 21 days from the date of intimation by the Company to
execute the same; or
(c) On making application for cancellation of this Application; then in that eventuality, it shall be open
for the Company to cancel the provisional reservation and forfeit the monies as follows:
In case of cancellation of provisional reservation before
sanction/approval of plans/drawings from the concerned
authorities

Provisional Reservation Money

In case of cancellation of booking subsequent to the

sanction/approval of plans/drawings from the concerned
authorities

5% of Total Sale Price

Apart from the aforesaid cancellation charges, the Applicant(s) shall also be liable to pay to the Company and
thereby deduction/forfeiture of money towards interest on delayed payment, processing fee and brokerage paid, if
any, etc.
In case of cancellation of provisional reservation under Interest Subvention Payment Plan, I/we shall be liable to
pay Pre-EMIs (paid by the Company on the Applicants behalf) to the Financial institutions/Bank in addition to the
forfeiture of money as applicable.
In the said circumstances, I/we shall also execute the necessary documents as may be required by the Company to
record the cancellation of our Provisional booking and submit the same with the Company.
I/We have been shown all the documents pertaining to title of the parcel of the land over which the said Project is
proposed to be constructed and I/We have also been informed of the other requirements, clearances, approvals,
requisitions which the Company is in the process of obtaining which includes but are not limited to approval for
Layout Plan and/or Building Plan so as to give effect to construction of the said Project. I/we hereby expressly
consent for changes in the layout plan and/or drawings as may be required by any statutory authority(s), and

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

changes in the location, preferential location, number, boundaries or Saleable Area of the said Unit. I further agree
that if there is any increase or decrease in the Saleable Area of the said Unit, revised price shall proportionally be
determined by the Company on the basis of the original price.
I/We have read and understood all the term and conditions stated hereinafter and conditions stated hereinafter and
am/are agreeable to the same. I/We agree to abide by the terms and conditions of this Application including those
relating to payment of Total Price and other deposits, charges, rates, taxes (hereinafter defined) cases, levies, etc.,
as well as forfeiture of monies as laid down herein.

FIRST APPLICANT:

1. PERSONAL DETAILS OF THE APPLICANT(S)

Mr. / Mrs. / Ms ..........................

S/W/D of ........................
Guardians Name (If Minor) ......................
Guardians Relationship with minor ................
Occupation: Service (

Business

Others Please Specify (.............

..............................................................................................)
Nationality: Indian born Indian Resident

Non-Resident Indian

Others Please Specify (..........................................................................

................................................................................................................................)
Residential/ Mailing Address .
..............................................................................................................
.........
..........................................PIN............................
Phone

(Residential)

.............................Phone

(Office)

Mobile (1) ......................................Mobile (2) ........

PAN ........................ Ward/Circle/ Range (where assessed) ......................
E-Mail .............................................................................................................................
Bank A/c Details ............................................................................................................................................

SECOND APPLICANT:
Mr. / Mrs. / Ms ..........................
S/W/D of ........................
Guardians Name (If Minor) ......................
Guardians Relationship with minor ................
Occupation: Service (

Business

Professional

Others Please Specify (...........

............................................................................................)

Nationality:

Indian born Indian Resident

Foreign National of Indian Origin (

Others Please Specify (.......................................................................

.............................................................................................................)

) Non-Resident Indian

) Foreign National in India (

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

Residential/ Mailing Address ....................

..............................
PIN.......................................................................Phone (Residential) ..............................
Phone (Office) .................................................Mobile (1) ..............................................................
Mobile(2) ....................................................... E-Mail...........................................................................
Fax No ........................... PAN ...............................

IN CASE OF THE APPLICANT BEING A COMPANY / PARTNERSHIP CONCERN / PROPRIETORY CONCERN

M/s.............
Registered Office Address............

Pin...................
Corporate Office .............

...............Pin ....................................
Registration Number ...........CIN No. ..................
TIN No. .................PAN No.
Board Resolution / Authority Letter Date.....................................................................................................
.................................... I n Favour of ...
Email.........................................................................................
Phone .......................Fax No. .

The Applicant(s), in case of a company / firm, shall provide the list of its existing shareholders
/partners as on the date of signing this Application.
Contact:.................................................................................................................................
Through Mr. / Mrs. / Ms ......................................
S/W/D of ......................
Designation ..............................................................
...............
.........PIN ........................................................
Phone.......................... ( Residential) ..........
Phone (Office) .............................................Mobile (I)......................................................................
Mobile (2) ........................... PAN ...............
E-mail .............

DOCUMENTS TO BE SUBMITTED WITH THE FORM

Copy of the PAN, Copy of the Residential Proof, Copy of Board Resolution, Copy of letter of authority from
other Partners, Certificate of incorporation of Company, Certificate of Registration Partnership and in case
of Proprietary Concern.

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

2. DETAILS OF THE RESIDENTIAL APARTMENT PROVISIONALLY RESERVED (APARTMENT)

a) Type: b) Floor:................................................
c) Tower / Building / Block / Sector d) Tentative Apartment No.
e) Saleable Area (Approx) ...............................................................................................Sq Ftsf)

Number of Parking Slots: ................................................................................................................................

1 .

(in words). Types

2 .

(in words). Types

3. PRICE DETAILS
TOTAL SALE PRICE: Rs..................... (Rupees .....................................
.........................................................
...............................................................................................)
Apart from and in addition to the Sale Price of the said Unit, the Applicant(s) shall pay following amounts to the
Company:
(a) Rs. 50,000/- (Rupees Fifty Thousand only) towards legal charges and towards cost of preparing & engrossing
this Agreement
(b) Rs. _________________/- (Rupees ____________________________only) per sq. ft. of saleable area towards
installation or connection of water, electric and sewer services and M.S.E.B. Expenses (non - refundable) of the
said apartment.
(c) Rs. _________________/- (Rupees ____________________________only) per sq. ft. of saleable area towards
Facility Development charges of the said apartment.
(d) Deposits to be paid to the concerned statutory body or local or public authority and electricity supply company,
for water, electricity, gas, telephone connection or any other service connection in the building, as and when
applicable;
(e) Rs. _________________/- (Rupees ____________________________only) per sq. ft. of the salable area towards
the Infrastructure charges of the said apartment.
(f) Rs. _________________/- (Rupees ____________________________only) for formation and registration of the
society.
(g) Rs. _________________/- (Rupees ____________________________only) for share money, application and
entrance fee of the said Organisation or such other larger sum as may be required at the time.
(h) Rs. _________________/- (Rupees ____________________________only) towards Club House Membership Fees

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

P L E A S E

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Note:
The above mentioned Sale Price and other charges shall be paid by the Applicant (s) as per demand of the
Company on or before the possession of the Unit.
The Purchaser shall pay Monthly Maintenance Charges for 18 months is advance from 30 days from the date
of offering of possession for fit-outs of the Said Residential Apartment Unit. The Company/promoter or its
nominated agency shall commence issuance of the invoice of monthly maintenance charges as per the prevailing
rates of men and material for rendering of the maintenance services, which will be subject to revision on
monthly/quarterly/yearly basis. For ensuring timely payment of the maintenance charges, the Applicant(s) shall
pay to the Company maintenance charges at rate of Rs. ____________________/- per sq. ft. of the Saleable
Area.
The Total Sale Price does not include any Taxes, as defined in the terms and conditions of this Application and
the same shall be payable by the Applicant(s) on and above the Total Sale Consideration and other charges.
The Applicant(s) shall pay, in addition to the Total Sale Price, a sum equal to the proportionate share of the
Taxes; the proportionate share being calculated in the ratio of Saleable Area of the said Unit to the total
saleable area of all the Units in the said Project.
The Stamp Duty, Registration and incidental charges as well as the expenses for execution of Agreement for Sale
etc. shall be charged extra by the Company and shall be borne by the Applicant(s) at the time of execution and
registration of the Agreement for Sale.
The Total Sale Price does not include any other charges that may be payable by the Applicant/s, on demand by
the Company, as per the Agreement for Sale.
The Club House Membership Charges does not include monthly/yearly charges towards maintenance, upkeep
and usage of Club House.

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

P L E A S E

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4. PAYMENT PLAN:

I/We. (name of Applicant(s)) have followed

and understood Companys different payment plans for Provisional Reservation of Apartment and terms and
conditions applicable to the said payment plans. After taking into consideration all the benefits, risk and
probabilities, I/We hereby voluntarily opt for
payment plan and instruct the Company accordingly. I/We shall remain bound by the Payment
Plan opted for and the terms and conditions applicable to the said Payment Plan throughout the transaction.

Customers Signature .

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

P L E A S E

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Note:
In case of payment by Cheque / Demand / Pay Order draft the same shall be drawn in favour of M/s. Lucina Land
Development Limited. Please provide details of the Unit and the name of the Applicant/s on back of the Cheque/Demand
draft/Pay Order. The payment through direct deposit /RTGS, should be followed with confirmatory mail giving payment
details addressed to ibrel.billing@indiabulls.com. The Company will not be responsible in case of any interest being
demanded due to lack of information or any wrong information provided.
Any payment/s made by the Applicant(s) shall be first appropriated towards interest and the balance if any, towards the
principal sum of the installments of the Total Price. The balance amount due and payable by the Applicant(s) of the Total
Price or otherwise, shall continue to attract interest.
In case of Cancellation of provisional reservation under Interest Subvention Payment Plan which is not due to default on
the part of the Company, the Applicant/(s) shall be liable to pay Pre-EMIs (paid by the Company on the Applicants behalf)
to the Financial institutions/Bank in addition to the forfeiture of money as mentioned in clause 4 & 5 herein below.
The prices, terms and conditions stated herein are merely indicative with a view to acquaint the Applicant (s) and are not
exhaustive.

5. DECLARATION:
I/We the Applicant(s) do hereby declare that cancellation of my/our application for provisional reservation of a Unit
will be subject to the terms and conditions as setout hereunder in this application and that the above particulars/
information given by me/us are true and correct and nothing has been concealed therein.

TERMS AND CONDITIONS FOR PROVISIONAL RESERVATION OF A RESIDENTIAL APARTMENT

UNIT IN INDIABULLS PARK SITUATED AT VILLAGE KON, TALUKA PANVEL, DISTRICT RAIGAD,
MAHARASHTRA-410207
The terms and conditions given below are of indicative nature with a view to acquaint the Applicant(s) with the terms
and conditions as comprehensively set out in the Agreement for Sale which upon execution shall supersede the
terms and conditions set out in this Application.

Definitions and Interpretation:

In this Application, the following words and expressions, when c apitalized,

shall

have

the

meanings

assigned

herein. When not capitalized, such words and expressions shall be attributed their ordinary meaning. For all intents
and purposes and for the purpose of the terms and conditions setout in this Application, singular includes plural
and masculine includes feminine and neutral gender.
Agreement for Sale shall have the same meaning as ascribed to such expression in the Application. Applicant(s)
shall mean the applicant(s) applying for Provisional Reservation/ of the said Residential Apartment Unit the
particulars of which are set out in the Application.
Application shall mean the application made by the Applicant(s) for provisional reservation of Residential
Apartment Unit in Indiabulls Park along with the terms and conditions contained herein.
Body Corporate means the Company or association of Apartment allottees or such other agency/body/ company/
society/association or condominium to which the Company may handover the maintenance and which shall be
responsible for carrying out the maintenance of the Project/Building.
Building means the building in the Project in which the Unit will be located.
Company shall have the same meaning as set out in the Application.
Common Land Area shall mean the land within the boundary of the Project excluding the land underneath the Foot
Print of all buildings in the Project and excluding such lands occupied by the internal roads, resident private jogging
track, games room, playground, etc, areas occupied by facilities (provided if any) such as water and sewerage

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

treatment plants, electrical landing station, sub-stations and structures housing power back- up facilities such as
diesel generating sets, open space & reservation area and any other area(s) as may be specified by the Company to
be excluded and/or earmarked in the approved plans along with the amenities and facilities thereon.
Force Majeure shall mean any event or combination of events or circumstances beyond the control of the Company
which cannot [a] by the exercise of reasonable diligence, or [b] despite the adoption of reasonable precaution and/
or alterative measures, be prevented, or caused to be prevented, and which adversely affects the Companys ability
to perform its obligation under this Application, which shall include but not be limited to :
i. act of God i.e. fire, drought, flood, earthquake, epidemics, natural disasters; ii. explosions or accidents, air
crashes and shipwrecks, act of terrorism;
iii. strikes or lock outs, industrial dispute;
iv. non-availability of cement, steel or other construction, material due to strikes of manufacturers, s uppliers,
transporters or other intermediaries or due to any reason whatsoever;
v. war and hostilities of war, riots, bandh or civil commotion;
vi. the promulgation of or amendment in any law, rule or regulation or the issue of any injunction, c ourt order
or direction from any government authority that prevents or restricts party from c omplying with any or all
the terms and conditions as agreed in this Application; or
vii. any legislation, order or rule or regulation made or issued by the Govt. or any other authority or; if any
competent authority(ies) refuses, delays, withholds, denies the grant of necessary approvals for the said
Building/ said Project or; if any matters, issues relating to such approvals, permissions, notices, notifications
by the competent authority (ies) become subject matter of any litigation before a competent court or; for any
reason whatsoever;
viii. any event or circumstances analogues to the foregoing.
Maintenance Agency means the Company or association of allottees of Residential units or such other agency/
body/company/society/association/ condominium to which the Company may handover the maintenance and who
shall be responsible for carrying out the maintenance of the Said Complex/ Building.
Payment Plan means the plan as per which the Applicant(s) will pay the Total Sale Price and other charges to the
Company.
Saleable Area shall mean and include but is not limited to the covered area, verandah, balcony, area under
periphery walls, area under the columns and walls, area utilized for services, viz. area under staircase, circulation
area, walls, lifts, shafts, passages, corridors, lobbies, refuge areas, basement, cellars, yards, gardens, storage
spaces, water supply, sewerage and drainage connection and installations, space for all central services such as
power, light, gas, hot and cold water, heating, refrigeration, air conditioning and incinerating, tanks, pumps, motors,
fans, compressors, tugs and in general all apparatus and installations existing for the common use, automatic fire
detecting and alarm facilities necessary to warn the occupants of the Building / Said complex in which the Said
Unit is situated of the existence of the fire, such other community and commercial facilities as may be prescribed
and all other parts of the property necessary or convenient to its existence, maintenance and safety or normally in
common use.
Taxes shall mean any tax payable by the Company by way of value added tax, state sales tax, central sales tax,
works contract tax, service tax, educational cess or any other taxes, charges, levies by whatever name called, in
connection with the Project.
Total Sale Price means sale price of the said Residential Apartment Unit as indicated in point 3 of the Application
and does not include other amounts, taxes, duties, charges, security amount, etc., payable as per the terms of

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

this Application Form/Agreement for Sale, not limited to taxes (including increase thereof as effected by the
Government/Statutory Authority/ Body), increase in all types of security deposit including Maintenance Security,
development charges, Charges for Installation and Connection of Electricity, Water Services and Sewer in the
Project, Maintenance charges, Property Taxes, Facility Development Corpus, common area maintenance charges,
increase in price due to increase in Saleable Area of the said Residential Apartment Unit, stamp duty, registration
and any incidental charges and any other charges payable as stated in the Application and more comprehensively
stated in the Agreement for Sale.
Tower means the building in the Project in which the said Residential Apartment Unit is proposed to be located.
Unit means the Residential Apartment Unit applied for by the Applicant(s), details of which have been set out in
this Application.

TERMS AND CONDITIONS:

1. The Applicant(s) has/have applied for Provisional Reservation / and subsequent allotment of the said Residential
Apartment Unit, with full knowledge of all the laws/notifications and rules applicable to the group housing/
multistoried building projects in general and the Project in particular.
2. The Applicant(s) has/have satisfied himself/herself/themselves about the interest and title of the Company in
the said Land on which the Units/apartments are proposed to be constructed and have unconditionally accepted
the same and understood all limitations and obligations in respect thereof.
3. The Applicant(s) acknowledges that the Company has readily provided all information/clarification as required
by him/her/them and have not relied upon or influenced by any, sales plans, sale brochures, advertisements,
representations, warranties, statements or estimates of any nature, whatsoever whether written or oral,
estimated facilities, amenities to be made available or any other data except as represented in this application
and the Applicant(s) have relied solely on his/her/their own judgment in deciding to make the application for
provisional reservation of the said Unit.
4. The Applicant(s) further agree that if due to any reason whatsoever attributable to Applicant(s) including but not
limited to:
(a) Non-compliance of the terms and conditions of this Application or Agreement for Sale; or
(b) Failing to sign Agreement for Sale within 21 days from the date of intimation by the Company to execute
the same; or
(c) On making application for cancellation of this Application; then in that eventuality, it shall be open for

the Company to cancel the provisional reservation and forfeit the monies as follows:
In case of cancellation of provisional reservation before
sanction/approval of plans/drawings from the concerned
authorities

Provisional Reservation Money

In case of cancellation of booking subsequent to the

sanction/approval of plans/drawings from the concerned
authorities

5% of Total Sale Price

5. Apart from the aforesaid cancellation charges, the Applicant(s) shall also be liable to pay to the Company and
thereby deduction/forfeiture of money towards interest on delayed payment, processing fee and brokerage
paid, if any, etc.
6. In case of cancellation of provisional reservation under Interest Subvention Payment Plan, Applicant shall be
liable to pay Pre-EMIs (paid by the Company on the Applicants behalf) to the Financial institutions/Bank in
addition to the forfeiture of money as applicable.

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

7.

In the said circumstances, Applicant(s) shall also execute the necessary documents as may be required by
the Company to record the cancellation of our Provisional booking and submit the same with the Company.

8. The Applicant(s) agree(s) to abide by the terms and conditions of this Application Form and subsequently
the Agreement for Sale and pay the Total Sale Price and other charges, rates, taxes, cesses, deposits,
levies, etc., including development/ infrastructure / approval charges, unearned increase, if any, whether
levied, or leviable now or in future or with retrospective effect, as the case may be which may be levied by
Development/Municipal/Central/State or Local; Authority/Body/Department or Organization applicable to
the Land, Project & Residential Apartment Unit from the date of the Application. Further the Applicant(s)
agrees that in the event of non-payment of such amount the Company shall have first lien on the said Unit for
the recovery of such amount notwithstanding the execution of Agreement for Sale of the said Unit in favour
of Applicant(s).
9. It is made clear by the Company and agreed by the Applicant(s) that all the rights including the ownership of
Club House , common areas and facilities and amenities therein, shall vest solely with the Company and the
Company shall have the sole and absolute authority to deal in any manner with such land(s), facilities and
amenities including but not limited to creation of further rights in favour of any other party by way of sale,
transfer, sublease, collaboration, joint venture, operation and management or any other mode including
transfer to government, semi-government, any other authority, body, association, any person, institution,
trust and/or local body(ies) which the Company may deem fit in its sole discretion. The Applicants(s) hereby
understands and agree/s to execute the Club Membership Form/Agreement and thus agree to abide by the
club rules and regulations as formulated and in force from time to time.
10. The Applicant(s) hereby agrees that if due to any change in the layout/ building plan, the Unit ceases to be
in a preferential location, the Company shall be liable to refund only the amount of preferential location
charges and/or floor rise charges as the case may be, paid by the Applicant(s) and such refund shall be
adjusted in the last installment as stated in the payment plan. If due to any change in the layout/building
plan, the Unit becomes preferentially located, then the Applicant(s) shall be liable and agrees to pay as
demanded by the Company preferential location charges and/or floor rise charges as the case may be, as
stated in the payment plan. No further consent of the Applicant(s) shall be required for this purpose.
11. The Company and/or its nominees shall look after the maintenance and upkeep of the common areas
and facilities in the Project on a best effort basis. The Applicant(s) shall pay proportionate charges for
maintenance and upkeep of common areas and services of the Project to the Company/its nominated agency.
The Applicant(s) shall sign a separate maintenance agreement with the Company/Maintenance Agency. The
Applicant(s) shall bear and pay the Maintenance charges at actual or as may be decided by the Company for
the maintenance and upkeep of the common area and facilities in the Project.
12. The Applicant(s) is/are informed by the Company that the Club House to be constructed shall not be deemed
to be a part of the areas and facilities or utilities common to all occupiers/ unit purchasers in the Project
and the Applicant(s) shall be eligible for membership into the Club House subject to payment of charges
and deposits. The Company shall have the absolute right on the Club House and shall be entitled to all the
revenue arising from usage of the Club House. The Company shall have a right to assign its right in respect of
the Club House in favour of its subsidiary or affiliate or group company for the purpose of management of the
Club House. The Body Corporate shall not have any right to object to the same and the Applicant(s) along with

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

other purchasers or the Body Corporate agrees to and undertakes to execute such necessary Agreement/s
or any other document/s as may be required by the Company, in favour of the Company or its subsidiary or
affiliate or group company for the said purpose.
13. The Applicant(s) shall within a period of 21 (twenty one) days from the date of receipt of intimation from the
Company attend office of the Company and execute the Agreement for Sale in their standard format.
14. The Applicant(s) agree(s) that time shall be the essence in respect of payment on or before due date, of
Total Sale Price and other amounts payable by the Applicant(s) or as demanded by the Company from time to
time. The Applicant shall pay all the corresponding installments of the total Sale Consideration and all other
amount within a period of 15(fifteen) days of a demand letter for such payment being sent to the Applicant(s)
without any delay or default. For all delayed payment, the Applicant(s) shall be liable to pay and the Company
shall be liable to charge simple interest at the rate of 12% per annum from the respective due dates until
payment and/or realization by the Company.
15. Notwithstanding the aforesaid, if the account is outstanding for more than 90 days from the due date
or commits breach of any other terms of the Application Form, the Company will initiate the process of
termination of Provisional Reservation by giving 15 days cure notice in writing. If Applicant(s) fails to pay the
outstanding dues with interest or cure the breach specified in the notice within a notice period, the Company
shall at its sole option be entitled to cancel the provisional reservation and refund the monies paid by the
Applicant(s) after deducting charges as applicable without any further reference to the Applicant(s).
16. In case of cancellation of the Provisional Reservation/ or Agreement for Sale either at the instance of the
Applicant(s) or due to breach of the Applicant(s) in complying with the terms and conditions of the Application
and/or Agreement for Sale, the Applicant(s) shall be left with no lien, right, title, interest or any claim of
whatsoever nature in the said Unit provisionally reserved and/or allotted and it is not incumbent on the
part of the Company to send reminders / notices to the Applicant(s) in respect of the obligations of the
Applicant(s) as set out in the Application Form and / or Agreement for Sale. The Company shall thereafter
be free to provisionally reserve/sell /resell and / or deal with said Unit in any manner whatsoever at its sole
discretion. The balance amount(s), if any, after adjustment of the amount(s) forfeited as above would be
refunded to the Applicant(s) by the Company only after realizing such amounts to be refunded from resale
but without any interest or compensation of whatsoever nature. The Company shall at all times have the first
lien and charge on the said Unit for all dues payable by the Applicant(s) to the Company.
17. Without prejudice to the Companys aforesaid right to cancel the Provisional Booking, the Company may at
its sole discretion waive the breach by the Applicant(s) in not making payment as per the payment plan on
the condition that the Applicant(s) shall pay to the Company simple interest which shall be charged @ 18%
per annum, payable from the due date. The Company shall have the right to adjust the installment amount
received from the Applicant(s) first towards the interest and other sums, if any, due from the Applicant(s) and
the balance, if any, towards the Total Price.
18. All notices and correspondence including the demand for payment of installments and any other charges
as per the scheme opted shall be sent by post/courier/email/ or SMS at the correspondence address of the
Applicant(s) registered with the Company. The intimation shall be deemed to have been delivered in 3 days
from the date of dispatch in case of post / courier and in one hour from the date and time of transmission in
case of email/ SMS.

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

19. In case of any change in Correspondence address or email id or contact numbers, the Applicant(s) shall inform
the change to the Company by way of letter or email, as soon as the change takes place. In case of failure on
the part of the Applicant(s) to duly inform the Company of the change in the correspondence address or email
id or contact number(s) of the Applicant(s), the communication sent on the correspondence address and /or
the email id and /or contact number registered with the Company shall be deemed to have been duly sent to
the Applicant(s) and received by the Applicant(s). In case of joint Applicant(s), communication sent to any one
of the Applicant(s) in the Application shall be deemed to have been sent to all the Applicants.
20. It is specifically clarified by the Company that this Application Form and/or the Agreement for Sale to be
entered/executed by the Applicant(s) with the Company shall not be assignable by the Applicant(s) and the
Applicant(s) if allotted an Unit shall not have any right whatsoever to assign or transfer the said Residential
Apartment Unit in any manner till the date of actual possession is handed over by the Company to the
Applicant(s),however the Company may, at its sole discretion, and subject to applicable laws and notifications
or any government directions as may be in force, permit the Applicant(s) to assign or transfer, nominate or
convey the said Unit subject to the Companys right of first refusal (ROFR) and subject to the payment of
transfer charges of 15% of the Total Sale Price at which the apartment is sold to the prospective purchaser
or the proposed sale price by the applicant communicated under ROFR, whichever is higher, till actual
possession is handed over by the Company to the Applicant(s) and thereafter upon payment of transfer
charges of 5% of the Total Sale Price received by the Applicant(s) till formation of Body Corporate and upon
such terms and conditions as the Company may impose. The Applicant(s) shall be solely responsible and
liable for all legal, monetary or any other consequences that may arise from such assignment/transfer/
nomination.
21. It is also expressly understood and agreed that in case of the Applicant(s) being a company / firm, any
transfer of more than 50% of its shareholding/capital to any person/entity, except the existing shareholders/
partners, shall be deemed and understood to be a transfer/sale of the said Unit and the Applicant(s) shall in
such an event require the prior written approval of the Company (which approval shall not be unreasonably
withheld) and on such change as aforesaid, the Applicant(s) shall, inter alia, be liable to pay applicable
transfer charges as stated hereinabove. The Applicant(s), in case of a company/firm, shall provide the list
of its existing shareholders/partners as on the date of signing this Application and the latest list of its
shareholders/partners, as and when demanded by the Company.
22. The Applicant(s) are aware and it has been further disclosed to them by the Company that the Company has
initiated the current residential development of the Project on the basis of available FSI under the existing
DC Regulations. The Company has explained and disclosed to the Applicant(s) and the Applicant(s) have fully
understood and agree that additional FSI and/or the right to utilize TDR in the island city of Mumbai may be
available to the Company subsequent to modifications to the existing DC Regulations and/or on account of
purchase of the RG FSI/TDR by the Company and/or on grant of further FSI permissible to be utilized for the
said Project under any regulation in force or under any regulation which may come in force in future. The
Applicant(s) agree that the Company has reserved its right to avail/utilize such additional FSI and/or TDR on
the Project and that the Master Plan of the Project may undergo change due to such use of FSI/TDR which
may also result in change of density on the Project and change in open spaces. The Applicant(s) having clear
understanding of the changes in the Master Plan in the future, hereby agrees and provides his/her/their

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

consent/ no objection to use of further FSI/TDR on the said Project and the Company would be free to make
requisite changes in the Master plan for the Project. The Applicant(s) further consents that the s hall always
further/residual/unutilized FSI/TDR be available to and shall always be for the benefit of the Company and
the Company alone shall be entitled to the ownership and benefit(s) of the same, even if a Body Corporate
hereinafter defined, shall have been formed in respect of the said Building/Project. The Applicant(s) has/
have seen and accepted the concept of the proposed plans/designs and has/have applied for the Provisional
Reservation and subsequent allotment if found feasible, of the said Unit with the specific knowledge that
the building plans, designs, specifications, measurements, dimensions, location of the Unit and/or Tower/
Building, floor plans, and all other terms and conditions are provisional and/or tentative and are liable to
change, alteration, modification, revision, addition, deletion, substitution or change of orientation or change
in location of refuge area or recast at the sole discretion of the Company as it may deem fit and also subject
to changes/modification by the competent authority. However, in case of any major alteration/ modification
resulting in +/-10% change in the Saleable Area of the Unit or material change in the specifications of the
Unit any time prior to and /or upon the grant of occupation certificate by the Companys Architect or by the
competent authority, the Applicant(s) will be duly intimated in writing by the Company of such change and of
the difference in the price of the Unit to be paid by him or adjusted by the Company as the case may be. The
Company shall not entertain any request for alteration of the said Unit. On receipt of such intimation from the
Company the Applicant shall have the option of cancelling the Provisional Reservation without any penalty or
interest being payable by either party.
23. The Applicant(s) agrees that in case the Company is unable to deliver the Unit to the Applicant for his
occupation and use due to:
a) any legislation, order or rule or regulation made or issued by the Govt. or any other Authority or;
b) if any competent authority(ies) refuses, delays, withholds, denies the grant of necessary approvals for the
Unit/Building/Project or:
c) If any matters, issues relating to such approvals, permissions, notices, notifications by the competent
authority(ies) become subject matter of any litigation before a competent court or;
d) due to force or vis majeure conditions, then the Company may cancel the Provisional Reservation of Unit
in which case the Company, shall only be liable to refund the amounts received from the Applicant(s)
without any interest or compensation whatsoever.
24. The residual or unutilized Floor Space Index (FSI) / Floor Area Ratio (FAR) in respect of the Said Land shall
always be available to and shall always be for the benefit of the Company. In the event of any additional FSI
in respect of the said Land /said Project or any part thereof being increased as a result of any favorable
relaxation of the relevant building regulations or otherwise, at anytime hereafter, the Company alone shall
be entitled to the ownership and benefit of all such additional FSI for the purpose of development and/or
additions to the built-up areas on the said Property / the said Land as may be permissible including by way
of additional floors on particular Building/Wing OR additional extension in the Building or any part of the
Project OR construct additional blocks in adjoining parts at any time hereafter. Under no circumstances, the
Applicant(s) shall alter, demolish, construct or redevelop the Said Unit and/or the Said Land/Said Complex
or part thereof or use any unutilized FSI available on the Said Land/Said Complex. It is also agreed by the
Applicant(s) that even after Society/Condominium shall have been formed in respect of the said building in

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

which the said Unit is located, the Company alone shall continue to retain full right and authority to develop
the Said Land/Said Complex and to utilize the entire FSI.
25. The Company shall always have the rights to use the common passage, driveways, setback spaces and
amenities in the said Project for the said purpose and the Applicant(s) shall not object or cause any
obstruction thereto on any ground whatsoever including nuisance, easement rights, etc.
26. If the Company for any reason whatsoever, becomes eligible for additional development rights any time during
the course of construction and/or after the completion of the Project, the Company shall have the exclusive
right to take up or complete such further construction, notwithstanding the said area being designated as
Common Land Area/Limited Common Areas or otherwise and the Applicant(s) shall not stake any claim over
the Common Land Areas. The Applicant(s) hereby gives his/her/their irrevocable consent in favour of the
Company authorizing the Company to carry out such addition or alteration by way of additional and further
construction on any portion of the said Land or building or terrace.
27. The Applicant(s) shall not have any right over and in respect of the covered and uncovered open spaces and/
or Parking spaces in the Project, save and except the area/ spaces as are specifically agreed to be allotted/
sold to the Applicant(s) by the Company.
28. The Applicant(s) shall not be entitled to any right in respect of other area and space in the Project save the
right to use the common areas as may be necessary for the ingress and egress of men and materials to and
from the apartment(s) and/or for utility pipes, cables and lines to be installed in the apartment(s).
29. That the Applicant(s) understands and agrees that he/she/it/they shall apply for the Home Loan, if required,
to any Bank/Financial institution at his/her/their sole discretion and responsibility. The Applicant(s) agrees
and understands that it shall not be the responsibility or liability of the Company to make arrangements or
facilitate in sanctioning and disbursement of the Home Loan to the Applicant(s). The Applicant(s) further
understands and agrees that the Company shall not be held responsible in any manner whatsoever in the
event his application, if any, for Home Loan in respect of the Said Unit is rejected by any Bank/Financial
institution and the loan is not sanctioned and disbursed. The Applicant(s) understands and agrees that his
liabilities to pay the installments and other amount and charges due and payable to the Company shall
continue irrespective and notwithstanding the eventuality that his application, if any, for Home Loan in respect
of the said Unit is rejected by any Bank/Financial institution and the loan is not sanctioned and disbursed.
Non-release of bank loan or delay in disbursement of loan to the Applicant(s) shall not be a ground for delay
in making payment by the Applicant(s) as per the Payment Schedule and the Applicant(s) shall be liable to
pay interest as applicable in case there is delay in release of loan. The Payment Plan shall not be altered in
such a contingency. The Applicant shall arrange for and pay/compensate for any shortfall arising out of the
failure of the Bank to disburse the expected/sanctioned amounts on account of lending restrictions imposed
on the Bank by the RBI or otherwise and it is expressly understood that the Applicant shall not be entitled for
any extension of time on this account. Further, the applicant(s) shall be responsible for the timely payment
of installments from Bank/Financial Institution and shall be liable to the consequences, enumerated in the
Application / Apartment for Sale, incase of any delay/default in the payment thereof.
30. All kinds of taxes including Central/State Sales Tax, V.A.T., Works Contract Tax, Service Tax, in respect
of the transaction here in contemplated including either as a whole or a part of any inputs or materials
or equipments used or supplied in execution of or in connection with the construction/sale of the said

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

Residential Apartment Unit or provision of amenities, facilities etc. by the Company, shall be paid by the
Applicant(s) to the Company like all other payments due hereunder, and the Applicant(s) shall keep the
Company duly indemnified in respect of all liabilities under the same. If such charges or taxes are increased
(including with retrospective effect), after the Agreement for Sale has been executed then these charges or
taxes shall be treated as unpaid sale price and the company shall have lien on the said Residential Apartment
Unit of the Applicant(s) for the recovery of such charges.
31. All stamp duty and registration charges and all other incidental and legal expenses for the execution and
registration of the Agreement for Sale of the said Unit and conveyance deed shall be borne and paid by the
Applicant(s) as and when demanded by the Company. In the event the Applicant fails to pay the stamp duty
and registration amount within 21days of the receipt of the demand from the Company, then, the Company
shall have the option to terminate this Application Form, and cancel the Provisional Reservation of the
Applicant(s) for the said Unit in a manner provided in the terms and conditions of this Application.
32. Applicant(s) understand that the Agreement for Sale is required to be registered within 120 days from the
date of e-stamping and it shall be obligatory upon the Applicant(s) to take time from the Company for the
registration of the Agreement for Sale within the said time and post the communication received regarding
the e-stamping formality having been completed. The Applicant(s) understand and here by agrees that in
the event of the Applicant(s) failure to get the Agreement for Sale registered within the said 120 days, the
Applicant(s) absolves the Company of getting the same registered.
33. The Applicant(s) agree(s) that all remittances, acquisitions, transfers, any refund, transfer of security etc.
shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or statutory
enactments or amendments thereof and the rules and regulations of the Reserve Bank of India or any other
applicable law and it shall be the sole responsibility of non-resident/foreign national of Indian origin/foreign
nationals/foreign companies/ Applicant(s) to abide by the same. The Company accepts no responsibility in
this regard.
34. The Applicant(s) agree(s) that the Proposal/Application is purely on provisional and tentative basis and the
Company may at its sole discretion decide not to allot any or all the Units/apartments in the Project to
anybody or altogether decide to put in abeyance the project itself, for which the Applicant(s) shall not have a
right to raise any dispute/claim any right/title interest on the acceptance of the proposal and receipt of the
initial token money being received by the Company with the proposal from the Applicant(s).
35.The Applicant(s) agree(s) that the Company shall have the right to raise finance/loan from any financial
institution/bank by way of mortgage/charge/securitization of receivables of the said Residential Apartment
Unit and creating charge on the Project Land subject to the said Residential Apartment Unit being free of
any encumbrances at the time of handing over of Possession. The Company/Financial institution/Bank shall
always have the first lien.
36. The Applicant(s) declare/s and affirm/s that in case of joint Applicants, failure to pay by any one shall be
deemed as failure to pay by all and all the Applicants shall be treated as one single person for the purpose
of this application and all shall be liable for the consequences jointly as well as severally.
37. The Applicant(s) agree(s) that the Company shall have the right to transfer ownership of the Project in whole
or in parts to any other entity such as any Partnership firm, Body Corporate whether incorporated or not,
association or agency by way of sale, disposal or any other arrangement as may be decided by the Company,

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

in its sole discretion, without any intimation, written or otherwise, to the Applicant(s) and the Applicant(s)
agrees that he/she shall have no right to raise any objection in this regard.
38. It is specifically understood by the Applicant(s) that upon execution, the terms and conditions as set out in
the Agreement for Sale shall supersede the terms and conditions as set out in the Application and that the
Company shall incorporate additional terms and conditions in the Agreement for Sale/Allotment Letter over
and above the terms and conditions of provisional allotment as set out in this Application.
39. All or any disputes arising out or touching upon or in relation to the terms of the Application Form and/
or Agreement for Sale including the interpretation and validity of the terms thereof and the rights and
obligations of the parties shall be settled amicably by mutual discussion failing which the same shall be
settled through arbitration. The arbitration shall be governed by the Arbitration and Conciliation Act, 1996
or any statutory amendments/modifications thereof for the time being in force. The Venue of arbitration
shall be Mumbai and it shall be held by a sole arbitrator who shall be appointed by the Company and whose
decision shall be final and binding upon the parties. The Applicant(s) hereby confirm/s that he/she/ they
shall have no objection to this appointment even if the person so appointed, as the Arbitrator, is an employee
or advocate of the Company or is otherwise connected to the Company and the Applicant(s) confirm/s that
notwithstanding such relationship/connection, the Applicant(s) shall have no doubts as to the independence
or impartiality of the said Arbitrator. The courts at Mumbai alone shall have the jurisdiction over the disputes
arising out of the Application Form/Agreement for Sale.
I/We have fully read and understood the above mentioned terms and conditions and agree to abide by the same. I/
We have understand that the terms and conditions given above are of indicative nature with a view to acquaint me/
us with the terms and conditions as comprehensively set out in the Agreement for Sale which shall supersede the
terms and conditions set out in this Application. I/We are fully conscious that it is not incumbent on the part of
the company to send us reminders notices in respect of our obligations as set out in the Application Form and/or
Agreement for Sale and I/We shall be fully liable for any consequences in respect of defaults committed by me/us
in not abiding by the terms and conditions contained herein and/or Agreement for Sale. I/We have sought detailed
explanations and clarifications from the Company and the Company has readily provided such explanations and
clarifications and after giving careful consideration to all facts, terms, conditions and implications, I have now
signed the Application form and paid the monies thereof fully conscious of my liabilities and obligations including
forfeiture of the monies as may be imposed upon me. I/We further undertake and assure the Company that in the
event of cancellation of my/our provisional and/or final allotment either by way of forfeiture or refund of my/our
monies or in any manner whatsoever including but not limited to as set out in the terms and conditions provided
herein, I/ We shall be left with no right, title, interest or lien on the said Residential Apartment Unit applied for and
provisionally and/or finally allotted to me/us in any manner whatsoever.

DATE: .......................................

Place: .......................................

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

FOR OFFICE USE ONLY

Name:...........................
Signature:..... Date:................

PROVISIONAL RESERVATION OF SAID RESIDENTIAL APARTMENT

a) Type:............. b) Floor: .........................
c) Saleable Area (Approx)..............................Sq. Fts. d) Building/Block ................................................................
e) Tentative Unit No................. ...........

f) Parking Slots:.........................(in words)

Total Sale Price payable for the unit : Rs....................../- (Rupees .....................................................
........................)
PAYMENT PLAN:

Down Payment

Current Scheme if any :.....................

BOOKING:

Direct

Construction Linked [

] Through Channel Partner

] Interest Subvention

CHANNEL PARTNER DETAILS

Sales Organizers Name: ......................................................................................................................................
Address: ..............................................................................................................................................................
Signature: ...........................................
Stamp: ...............................................
Customers Signature

CHECK LIST FOR RECEIVING OFFICER:

Yes

No

a) Provisional Reservation amount cheques/drafts

b) Signature of the Applicant(s) on all pages of the Application marked X
c) PAN & copy of PAN Card/Undertaking (Compulsory)
d) For Companies: Memorandum & Articles of Association and certified

of board resolution and for partnership firm, copy of partnership

deed/firm registration certificate & authorization letter/power

of attorney. The Applicant(s), in case of a company/firm, shall

provide the list of its existing shareholders/partners as on

the date of signing this Application.

e) For foreign nationals of Indian origin: Passport photocopy/funds from

NRE/FCNR A/c.

f) For NRI: Copy of passport & payment through NRE/NRO A/c.

g) One Photograph (All Applicants)
h) Address/Identity proof: Photocopy of Electoral Identity Card/

Ration Card, Driving License/ Passport etc.

Remarks: ..........................................................................................................................................................
............................................
Project -Head:x..........................................................

Place: ...................................

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

P L E A S E

D O

N O T

S I G N

O N

B L A N K

F O R M

M/S. LUCINA LAND DEVELOPMENT LIMITED

15th Floor, Tower-I, Indiabulls Finance Centre, 612-613, Elphinstone Mill Compound,
Senapati Bapat Marg, Elphinstone Road (W), Mumbai -400013

RECEIPT*
Date: ............................

Received with Thanks from Mr. /Mrs. /M/s ...................................................................

Having his / her / its residence / office at ........................................................

The sum of Rs ...................... by Cheque / Draft No: .................................

Dated ............. drawn on ............. Bank, payable at Mumbai, towards booking

amount/.................................................................... installment for

the Provisional Reservation of Tentative Apartment No: ............... of Saleable Area ..............sq. ft.

(approx.) along with the right to use .................................. No./s of car parking spaces, in the Building

INDIABULLS PARK.

Checked By Authorized Sign.

( Customers Copy )

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

NOTE :
This receipt does not entitle you to provisional and/or final allotment at the above Apartment along with the right
to use car parking space till you sign and return the Agreement for Sale in the Companys standard format within
stipulated time agreeing to abide by the terms and conditions laid down therein. The Company reserves the right,
prior to the execution of the Agreement for Sale to cancel this receipt at any time for any reason whatsoever and
refund the Provisional Reservation amount paid by you.
Till the Agreement for Sale is executed, you shall be governed solely by the terms and conditions stated in
the application submitted by you.
It shall be the sole responsibility of the non-resident / foreign national of Indian origin to comply with the
provisions of Foreign Exchange Management Act, 1999 or statutory enactments or amendments thereof and
the rules and regulations of the Reserve Bank of India.
Cheques / Drafts subject to realization.
All or any disputes / Differences shall be Subject to the jurisdiction of Courts of Mumbai.
Corporate Office:
15th Floor, Tower-I, Indiabulls Finance Centre,
612-613, Elphinstone Mill Compound, Senapati Bapat Marg,
Elphinstone Road (W), Mumbai -400013

Registered Office:
M-62/63, 1st Floor, Connaught Place,
New Delhi-110001.

Dated

Dated.

x
(FIRST APPLICANT)

x ..
(SECOND APPLICANT)

IP - 281115