Handing Over:


 
Handing Over of Dwelling Units
An Allottee shall be handed over the physical possession of his Dwelling Unit only when he or she has paid all the outstanding dues to AFNHB, executed all or documents required under the rules and obtained the letter and certificate of possession from the Board. Construction at project is executed through a number of contracts. Specifications and plans are drawn up, conforming to Indian Standards / Rules of State Authorities. Utmost efforts are made to ensure completion of projects conforming to the plans and specifications laid down with proper quality control. Therefore, the Dwelling Units will be offered on "as-is-where-is" basis. Under the circumstances the Board will not entertain any request for additions or alterations or any complaints whatsoever regarding the design, structural work, quality of material used and workmanship. However, specific defects and deficiencies observed at the time of handing or taking over may be recorded with the Project Director which will be rectified by the Contractor within the Guarantee Period. The guarantee period is generally up to two years after completion of the project. AFNHB will not be in a position to help the allottees beyond the period of two years due to contractual conditions. Allottee may notify defects and take over. Delay in taking over of the Dwelling Unit may make the Allottee liable to payment of overhead charges on monthly basis at the rate of Rs.1000/- per month at the Board's discretion. Delay in taking over beyond 90 days of the promulgated date of handing over for the last Allottee without Board's concurrence may attract automatic cancellation of allotted Dwelling Unit with penalty at the same rate as applicable when an allottee withdraws from the scheme.
Undertaking

An undertaking covering the following aspects will be given by Allottees at the time of collecting their Possession Letters:-

(a)    Allottees shall not carry out unauthorized construction, encroachments.

(b)    Allottees shall abide by all the laws, rules and regulations of the Development Authority concerned, central or state government authority, the Civil bodies, the Board and the Society / Association formed by them.

(c)    Allottees shall abide by the terms and conditions made applicable to the Board in respect of the allotment or use of the land by the concerned authorities.

(d)    Allottees will not carry out any additions or alterations to the Dwelling Units and garage, parking space, including ancillaries without written consent of the concerned Development Approving Authority, which may involve structural, design or layout and façade changes.

(e)    The dwelling units and parking spaces would be used for the sole purpose of 'dwelling' and parking of cars / scooters respectively and not for any commercial purpose.

 

(f)    Common facilities like staircases, passages, parks, terraces, roofs etc. will be utilised by an Allottee, along with the other Allottees of the Dwelling Units in the project, and no one will have exclusive right to their ownership or usage, nor make any alterations thereto. No encroachment of any area is permitted. All unauthorised deviations are liable to be removed at the cost of the erring party.

(g)    No Allottee will be entitled to subdivide the Dwelling Unit, including ancillaries or amalgamate it with any other Dwelling Unit.

(h)    Allottees are to get their required electricity and water meters installed individually and pay the rent as per the bills provided by the concerned agencies.

(j)    Allottees shall not indulge in commercial activity in their dwelling units or parking areas.

Note: In case of violation of any of the above-mentioned rules, the Board reserves the right to cancel the allotment and resume the possession of Dwelling Unit and parking space.

Residents' Society or Association
The Allottees of Dwelling Units in a particular project or colony will have to form part of its registered resident's Society or Association duly elected by the Allottees. The Society / Association has to be formed before commencement of handing over of Dwelling Units to the Allottees. The Society should become functional immediately and take over responsibilities of the common areas, facilities, security etc within three months of physical possession by the first Allottee of the said Project. The Board will not be responsible for maintenance or operation of these services thereafter. No Allottee will be allowed to withdraw membership of the Society / Association. Responsibility of running common services / utilities rests with the society or association formed by the Allottees. The day-to-day running expenses are to be decided by the Society or Association and paid by the allottees on a regular basis. The Society / Association will maintain, manage and administer the colony, attend to common property and provide guidelines for harmonious continuity living.
Registration or Execution of Sub Lease

The Allottees will be required to execute Sub Lease Deed or Register Deed of their Dwelling Units at their cost.

At the time of execution of transfer deed the Allottee will have the option to register the Dwelling Unit on his or her own name or jointly with one or a maximum of two relations out of the under mentioned: -

  1. Wife or Husband
  2. Son / Sons, daughter / daughters including legally adopted children.
  3. Parents.

Note:
(i) Rule or Bye-laws of the State Government or Land Allotting Authority will be over-riding in cases of both succession and Ownership.

(ii) In case the Allottees had drawn loans with a joint Registrant the registration or sub-lease will be done in the joint name.

Scheme Updates | Housing Loans | Withdrawals | Handing Over | Transfer of Dwelling Units | Master Brochure 2012 | Addendum 01/13 MB 2012 | Master Brochure 2007