Booking

Application for allotment of Commercial space or Residential Apartment is to be mode on the prescribed application form duly signed by the applicant and shall be submitted to the sales Department with the 30% booking money. The company reserves the right accept or reject any application.

Allotment

After receiving the applicaton and the booking money, the applicant will be requested to confirm the reservation by making the down payment within a specified period. On receiving the down payment the company will issue an alletment letter and payment schedule. In case of failure to make down payment in time, the booking will automatically stand cancelled. Allotment is mode generally on first come first serve basis. Allottees making entire payment in one go will be given perference. Until the full payment of all installments the allottee shall not have the right to transfer the allotment to a third party.

Loans

Should the Allottee desire a loan from any Bank/Loan giving agency the company will do all that is possible to help secure the loan, the final decision rests with the respective Bank/Loan giving agency and the client.

Mode of Payment

All payments shall be mode by cross cheque, Bank Draft, or Pay Order to ABM Infra Limited against, which receipt will be issued. The company will not take responsibility for any cash payment, mode without paper receipt. The possession of each apartment would be handed over on making full payment including any other charges. Foreigners and non-resident Bangladeshi may pay in foreign exchange through Bank. Conversion into taka will be dont at the prevaling Bangladesh Bank exchange rate.

Schedule of Payment

The buyer shall must adhere to the installment schedule strictly to ensure timely completion of the construction work. Any delay in payments up to two months will make the allottee liable to a fine of 10% per annum or part thereof on the amount of payment delayed, if the payment is delayed beyond two months, the management then shall have the right to cancel the allotment & the installments money will be refunded ofter deduction of 50% of the booking money. Bangldeshi residing abroad may rimit payments in foreign exchange by TT or DD.

Company Rights

ABM Infra Limited reserves the right to accept or reject any application for an allotment. The company may make minor changes in the design and specifications of the project, should these become necessary in the interest of the project.

Roof Top

The roof will be used as per military Estate Office circular for this area.

Incidental Costs

Connection fees, security deposits and other incidental charge and cost relating to gas, water, sewerate and power connection are not included in the price of the apartment. The allottees shall make these payments to the management and manangement will undertake these works on behalf of the allottees.

Registration Charges

The flat along with proportionate undrmakated portion of land will be registered in the name of the allottes. The allottee shall bear all costs relating to stamps duties, registration free, Tax, Govt. Charges, documentation and legal costs.

Modification Works

Allottee will also have the option minor internal changes or additional works within the possibilities and limitations to total building system on payment basis.

Owners Association

The Buyer must undertake to become a member of the owners association, which will be formed by the owners of the apartments with a wiew to monitoring the general affairs of the complex for common interest. Each apartment owner must initially deposit Tk. 50,000/- (Taka Fifty Thousand) only to the reserve fund before taking over apartments.