Application :

Interested client (s) will submit application in prescribed form supplied by the company duly signed by the investor(s) along with earnest money and others necessary documents. The company has the right to accept or reject any application without assigning any reason what so ever. Investor willing to pay huge amount in one time will be given preference.

Allotment : Allotment will be made on first served basis. Upon acceptance of application, earnest money, down payment and other necessary papers, HDL will issue an allotment letter in favor of the applicant. This will include the payment mode, which the investor should follow on receiving the allotment letter. Investor (s) willing to make one time payment will be rewarded with substantial rebate. The investor is not entitled to transfer the apartment to third party till the apartment handed over to them.

Payment : All payment should be made by A/C payee cheque or bank draft or pay order or cash in favor of “Home Design Ltd”. Investor (s) residing abroad may remit payments by TT or DD. HDL expects the investor strictly adhere to the payment schedule settled earlier. This must be mentioned here that, timely completion of the project is entirely depended upon the timely payment of the investor(s). The investor (s) liable to pay a delay charge of 2% per month on the defaulted amount. If the payment is delayed beyond 2 months, HDL has the right to cancel the allotment. In case of cancellation of allotment or surrender of apparent, due refund will be made after deducting the earnest money and realizing the refund amount from the new investor.

HDL’S Right : The company has the right to accept or reject any application for allotment. It also reserved the right to make changes in both architectural and structural design of the project, if necessary. Limited changes can be made in specification for overall interest of the project.

Project Handover : The possession of cash apartment shall be handed over to the allottee/ purchaser on completion of apartment and after full payment of installment, other charges / dues. Until and unless the dues are not clear, possession of the apartment will be hold by the company.

Utility Connection : Connection fee, security deposit for water, gas, electricity and costs are not including in the apartment price. HDL makes this payment directly to the authorities and the investors shall reimburse the amount on actual basis to HDL.

Transfer of Ownership : Proportionate share of individual land as well as apartment will be registered in favor of cash investor as per the rules and regulations.

Transfer Cost : All costs related to transfer of ownership like stamp duty, registration fee, Vat, Govt.Tax, documentation charges, incidental expenses will be borne by the investor on actual basis.

Owner Association : The investor must under take to become a member of the “Owners Association”, which will be formed by the owners of the apartments with the view to maintaining the general affairs of the complex for common interest. Each apartment owner must initially deposit TK.50,000/- to the reserved fund.