“SURAKSHA SMART CITY – PHASE 1”

1. FLATS AVAILABLE FOR SALE UNDER PMAY(U) SCHEME in project known as

“Pratham Niwas” AT Vasai

Scheme Category Type RERA COST Non- Earnest Total

Code Carpet PRICE OF Refundable Money amount to
Area - THE UNIT Application Deposit be paid at
Approx fee (A) the time of
(Sq. Registering
Mtr.) the
application
01 EWS 1BHK 26.32 Rs. Rs. 750/- Rs. Rs. 5,750/-
22,49,999/- 5,000/-

The Above details are as per the current sanctioned plan.

P a g e 1 | 12
 2. ELIGIBLITY TERMS

Applicants should read the information leaflet carefully before filing the
online application form

As per the Guidelines of Pradhan Mantri Awas Yojna (Urban) [PMAY(U)] Scheme
and as per provisions defined under Real Estate (Regulation and Development) Act,
2016 and rules and regulations framed thereunder and any other applicable laws for
the time being in force or as may be applicable from time to time in future
applicants shall be eligible to apply only when one is complying or complied with below:

1. The Applicant must have completed 18 years of age as on the date of making
application.

2. The Applicant and/or his/her family should not own a pucca house (an all whether
dwelling unit) either in his/her name or family name of any member of his/her
family in any part of India. Family member means and include wife, husband and
unmarried daughters and sons (An adult earning member irrespective of marital
status can be treated as a separate household provided he/she d o e s not own a
pucca house (an all whether dwelling unit) either in his/her name or family name of
any member of his/her family in any part of India).

3. In case of married couple, either of the spouse or both together in joint ownership
will be eligible for a single subsidy subject to clause 5 herein below.

4. The Applicant and/or his/her family should not have availed of central assistance
under any housing scheme from Government of India/State government.

5. The Flats constructed/acquired with central assistance under the Mission should
be in the name of the female head of the household or in the joint name of the male
head of the household and his wife, and only in cases when there is no adult female
member in the family, the house can be in the name of male member of the
household.

P a g e 2 | 12
6. Applicants who earn a yearly income upto Rs. 6,00,000/- (Rupees Six Lakhs only) are
categorised under Economically Weaker Section (“EWS”). However, an Applicant
claiming to be from EWS needs to provide relevant proof to support their claims.

7. The Applicant should be registered with PMAY Portal before applying under scheme
or after making online application but before the date of conducting of draw by the
Developer. Please note that registration in PMAY portal is mandatory for becoming
successful applicants. To register in the PMAY portal applicants can visit
https://pmaymis.gov.in

3. IMPORTANT INSTRUCTIONS TO FILL THE ONLINE ENROLLMENT APPLICATION

FORM

The application money i.e. Rs. 750/- (Rupees Seven Hundred and Fifty only)
including internet handling charges applicable shall be non-refundable in nature

4. VERFICATION AND PROCESS OF CONDUCTING LOTTERY: -

1. At the time of making the Application, Applicant shall have to

upload following documents on the website in the manner as
prescribed in the help file mentioned hereinabove
• Aadhar Card
• PAN card
• Photographs
• Cancelled cheque.

2. Online applications shall be examined by the Developer and shall

confirm that whether the applicants have paid full EMD along with
Application Fee. In case the application form filled is incomplete or
incorrect then the application will not be considered and shall be
cancelled without

P a g e 3 | 12
 giving any notice to the applicant. The application will be cancelled on
the following grounds: -

i. Applicants who are applying for more than one time.

ii. Applicant applying in more than one category.
iii. Different applicants but having single bank account
iv. Applicants filling incorrect PAN details and Aadhar details.
v. Applicant failing to pay EMD within prescribed time period

3. In the event Applicants have any queries/concerns with regards to application

form to be filled can approach private partner on the Helpline no. 8070932222
/ 8070938888. No queries/concerns will be entertained regarding
application form after Lottery is conducted.

4. Lottery shall be conducted at Sales Office of Suraksha Smart City, Vasai

(East) and List of successful applicants under PMAY (U) scheme shall
be uploaded/displayed as per the date to be announced on the lottery website
of Developer i.e. https://lottery.surakshasmartcity.com/ Please note that
applicants shall not be informed personally regarding lottery conducting
date.

5. At the time of conducting lottery, Applicants application enrolment

number shall be carried forward and considered as identified beneficiary
number.

6. The list of applicants who have succeeded in the draw will be considered as
“list of successful applicants”. In order to determine the eligibility of the
applicants in the list of successful beneficiaries, the applicants will need to
submit documentary evidence with the period of 15 (fifteen) days from the
date on which List of successful applicants is issued. The applicant should
submit the information provided in the prescribed period.

7. Applicant is advised to obtain and keep ready all the necessary documents
including all documents mentioned above in clause no 6 for determining eligibility.

8. Further, the applicant must verify its application number with identified eligible
beneficiary number.

9. The Application which were a part of accepted application but could not win the
draw shall be considered as waitlisted applicants who will be given preference if
any draw is conducted within 6 months from the date of List of successful
applicants is published otherwise their EMD shall be refunded without any
interest or penalty. The Developer shall refund through online mode of transfer
P a g e 4 | 12
 either NEFT or RTGS on the bank details provided by the Applicants at the time of
making online application on the website of Developer.

10.Details of the documents to be submitted to the developer will be as listed in

the email invitation for verification of documents. Applicants will have to submit
the documents at the office of developer within the prescribed period to determine
eligibility.

11. In order to qualify as a successful applicant, the document list provided in the email
and the other documents required pursuant thereto, shall be submitted to the
authorized representative of the Developer (not by post) and the same to be
acknowledged by the authorized representative of developer in writing within
the prescribed period. It is to be noted that the applicant will be disqualified from the
application due to non-submission of documents within the prescribed period.

12. The successful applicant’s eligibility will be scrutinized in detail on the basis of the
documentary evidence presented before the Developer. The applicant will be
informed if any documents are incomplete in the primary scrutiny and accordingly
they will appear and submit the requisite documents before the Developer within the
prescribed time

13. Final Allotment shall be subject to verification of eligibility under the Pradhan Mantri
Awas Yojana (PMAY) scheme by the competent authority. Final Allotment to the
beneficiary shall be subject to sanction of housing loan or any acceptable guarantee of
payment.

5. TERMS AND CONDITIONS FOR PAYMENT OF FLAT

CONSIDERATION

1.Identified Beneficiary shall make payment of Flat consideration as per the schedule
of payment mentioned in their Sale agreement

2. The Identified eligible beneficiaries shall always be liable to pay the entire
consideration amount which includes subsidy amount in the event on the
account of any change in law or government policies regarding PMAY(U) scheme
or such other rules and regulations as may be applicable from time to time. Also,
in case of default on the part of the beneficiaries if there is reduction or
abandonment of the subsidy amount then in that case the beneficiaries shall be
liable to bear and pay such deficit amount of subsidy which may not be released by
P a g e 5 | 12
 the central or state assistance at the time of collection of the milestone payments.
3. Upon submission and verification of the documents for PMAY eligibility, acceptance
letter will be issued to the applicant by the developer and the applicant will be
obligated to submit the sanction letter from the home loan financing institution or
self funding declaration (affidavit incase if the unit will be self funded) along with
10% payment of the agreement value along with applicable GST. On submission of
the above the applicant shall be issued a provisional allotment.

4. Incase if the customer fails to make the above payment within 15 days from the date of
lottery application then the application shall be revoked and earnest money deposit of Rs.
5000/-paid by the customer shall be forfeited. If the customer is not proceeding with the
acceptance of this allotment then in such case also the earnest money deposit paid by the
customer will be forfeited as per the online lottery cancellation policy.

5. The identified eligible beneficiaries shall be liable to p a y stamp duty,

registration, G S T and other charges as may be applicable to execute and register
Agreement for sale

6.Without prejudice to the other rights available, the developer shall be entitled to charge
interest @ Highest Marginal cost of Fund of SBI plus 2% Per annum or at the rate as may be
applicable from time to time on defaulted amount till the date same is paid. Every delayed
payment will attract interest charges calculated from the date of milestone completion.

7.If the Identified eligible beneficiary is availing a loan facility, then the he/she/they shall
be ready with the sanction letter along with the 10% of flat consideration within 15 days
from the date of lottery application and simultaneously shall execute and register
Agreement for Sale.

8.The Developer have the right to adjust/appropriate all payments made by beneficiaries
under any head(s) of dues against lawful outstanding, if any, in his/her/their name
as the Developer may in its sole discretion deem fit to adjust the payments in any
manner.

9.The Applicants who do not receive the invite for verification of documents shall be
refunded EMD paid to the Developer. Applicants who do not come forward for document
verification after receiving the invite for verification of the documents then in such case
the EMD shall be forfeited.

10.The Developer shall refund through online mode of transfer either NEFT or RTGS on the bank
details provided by the Applicants at the time of making online application on the website of
Developer.

P a g e 6 | 12
 11. Upon such refunds or repayment if processed then same shall be considered to
be discharged in full if same is made in the notified account as mentioned in the
application form and shown debited in the developers account and purchaser shall
not be entitled to claim any cost or any other action against the said refund or
repayment made.

6. OTHER IMPORTANT TERMS AND CONDITIONS:

a. The water supply and Electricity supply shall depend on the concerned authority,
W ith respect to the flats to be constructed and further the beneficiaries shall
not hold the Private Partner responsible for any kind of irregularity or deficiency
in the Water Supply and electricity supply.
b. All the deeds and documents of Successful beneficiaries who have applied in Joint
names shall be given in Joint names only.

c. The consideration price of the flat is exclusive of 1% G ST. Any increase i n

t h e goods and services tax (GST) shall be borne by the beneficiaries
only. The beneficiaries shall be responsible for payment of stamp duty and
registration charges as per the norms of the Government of Maharashtra,
taxes and any other charges with respect to the sale of flats under the scheme.

d. Any other taxes, levies, cess etc., in respect of flat which will be applicable
from time to time shall be borne and paid by the beneficiaries to the Developer.

e. The beneficiaries along with other beneficiaries of Flat in the building shall join in
forming and registering the Society or association to be known by such name as
the Private Partner may decide and for this purpose also from time to time
s h a l l sign and execute the application for registration and/or membership and
the other papers and documents necessary for the formation and registration
of the Society or Association.

f. The detailed terms and conditions shall be mentioned in the Agreement for sale and
Possession and/or other incidental and ancillary documents which may be executed
between the Developer and beneficiary.

g. The beneficiaries shall always remain binding with the terms and conditions of
the Agreement for Sale to be executed between the beneficiaries and developer shall
always remain binding on the beneficiaries.

h. The beneficiaries shall not be allowed to sell the flats to any third party after execution
of Agreement for Sale and before completion of entire transaction with respect to and
P a g e 7 | 12
 or before handing over of possession of the flats.

i. The beneficiaries shall not claim subsidy amount directly from the state or central
assistance or from the developer. The amount of subsidy is inclusive in the Flat
consideration and same will be released in favour of Developer in respect of each
beneficiary upon its identification.

j. Notwithstanding anything mentioned herein in the event flat is cancelled for any reason
as mentioned above or otherwise then in that case under no circumstances of
whatsoever nature Developer shall be liable to refund the subsidy amount duly
Received and shall be entitled to treat the said amount as may be prescribed by and
under applicable polices of PMAY and accordingly Identified beneficiary shall not
hold any claim, interest against the same.

P a g e 8 | 12