Expression of Interest

1. Expression of Interest and Allotment

• This EOI signifies the Applicant's request for priority consideration for allotment as and when bookings commence.
• Submission of this EOI does not create any right or claim to any specific plot.
• The validity of this EOI shall be 180 days from its submission date.
• The Promoter may reject or return this EOI without assigning any reason.
• Transfer or assignment of this EOI to a third party is not permitted.

2. Project Planning and Development

• The Project is approved by the Assistant Director, Town and Country Planning Department, Chikkamagaluru.
• The Promoter reserves the right to revise, amend, or modify the project plans.
• All brochures, images, and renders are purely indicative and for representational purposes only.

3. Price, Taxes, and Payment Terms

• The price band and basic unit price of plots are indicative and subject to revision.
• The Applicant shall bear all applicable statutory and indirect taxes including GST, Stamp Duty, Registration Charges.
• Any change in taxation rates after the date of EOI shall be borne by the Applicant.

4. Payment Schedule and Default

• The Applicant must adhere strictly to the payment timelines specified.
• Delay in payments shall attract an interest penalty.
• The Company reserves the right to cancel the allotment for non-compliance or default.

5. Plot Area and Possession

• The plot area indicated is approximate and subject to final measurement at the time of possession.
• The final price will be calculated based on the actual area.
• Plot boundaries will be marked by the Promoter.

6. Construction and Development Guidelines

• Any future construction must comply with the Company's approved designs and development guidelines.
• The Applicant shall not deviate from the prescribed guidelines.

7. Maintenance Charges

• Initial maintenance charge: ₹5 per sq. ft. per month plus applicable GST.
• 2-year advance towards maintenance and one-year equivalent towards Corpus Deposit required.

8. Registration and Legal Matters

• Registration costs and incidental expenses shall be borne by the Applicant.
• The Company shall not be liable for changes in laws or government policies.

9. General and Legal Provisions

• This document records an Expression of Interest and does not constitute a binding contract.
• Jurisdiction: Bengaluru, Karnataka.

10. Cancellation and Refund

• The EOI amount is collected only to register interest and does not constitute a confirmed booking.
• Cancellation is permitted prior to allotment, and refunds, if applicable, will be processed through the original payment mode.
• Agrocorp reserves the right to modify this policy at any time.

11. Shipping Details

• Transaction details and receipts will be accessible through the applicant's email ID.
• If required, the same can be sent to the applicant's address upon request.
• ALPL 3 LLP reserves the right to choose the delivery mode of the said documents.

Contact for queries:
Email: enquiries@vacationvillage.co.in
Phone:+91 9555 26 1111