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Term & Condition

1- Submission of this  registration form to the firm with or without signature / thumb impression, will be entertained as an intent by the applicant to register him/herself as a customer of the firm “Blue World City” willing to purchase in Blue World City General Block Rwp/Isb, a plot (residential or commercial as selected) upon completion of land acquisition , approval of through purchase / Joint Venture, the project from the concerned development authority and completion of payments by the applicants as per terms & conditions of this application form.

2- All payments against this registration including down payment / form’s price ( if any) and installments received in the firms designated account, supported with payment proof, shall be considered as refundable advance payments only and do not qualify towards the delivery of a plot applied for unless the following occurs:

a-            Payment is completed against this registration in total including surcharge (if any) by the applicant and the required quantum of land against this application is acquired by the firm through purchase or Joint Venture ( whatever the case may be) thereafter.

b-            The respective land is included in the housing projects approval and permission granted from the concerned development authority/ department thereafter.

c-            Clearance of all dues by the applicant including development charges intimated to the applicant by the management against the registration made.

3- Upon successful and timely completion of the payment of cost of land as well as development charges and its acknowledgement by the firm, upon procurement of required land against this application, upon approval of the housing scheme and its layout plan along with extensions on the said land, by Rawalpindi development authority or concerned department, and upon completion of development works at site, the applicant shall qualify for allotment of a plot applied for in project Blue World City.

4- All applications according to their categories of residential plot will be entertained on first come, first served basis and timely completion of payments.

5- Submission of this registration form, with or without signature / thumb impression, will not be considered as a confirmation of apartment / villa / plot  allotment, and will be entertained only as an intent to register.

6- The down payment or form’s price ( if any) , if received in firm’s designated account or any other amount paid in account against Blue World City General Block / installment advances is adjustable in all existing and future phases of this project or any other projects of the Group.

7- One can submit more than one application.

8- All installments are to be made according to the category/size of the application as per schedule of payments through bank draft/ pay order /cash in favor of Account titled Blue World City Coll AC, Account # BWCTY.

Blue World City —installment MCA Account No. 1491-237877491  United Bank Limited.

Blue World City —COLL AC NO. BWCTY Meezan Bank Limited.

9- No applicant shall be paid any interest/markup against the amount paid by him to the firm.

10- – The estimated cost of land shall be payable in installments as intimated by the management in the schedule of payments according to the application size /category applied for, however the firm reserves the right to revise the cost of land upon actual land acquisition and the difference shall be payable by the applicant thereafter. Upon timely completion of advance installments against cost of land along with clearance of surcharges or any other outstanding dues this application may be considered for ballot as per proposed town plan of the project subject to the town plan approval from the development authority / department.

11- The development charges shall be applied as per schedule given by the management thereafter.

12- 0.1% surcharge per day shall be levied in case of late payment of installments or dues.

13- In case of a default of more than four or more consecutive installments the firm’s Management, reserves the right to revise the registration cost and issue the applicant with a new payment plan to be followed by the applicant.

14- In an event of non-payment of four consecutive installments on the due dates or any current dues/ surcharge levied, the registration made shall stand cancelled without notice and its restoration shall be at the sole discretion of the firm at the time of delivery provided penalties / fines are paid to the satisfaction of the firm’s management. In case the firm decides to restore the registration then a notice of restoration along with penalties / fines shall be served at the current mailing address and any excuse of change of current address without prior intimation and written acknowledgment of the firm shall not be entertained.

15- An application once Registered or the rights of the application transferred can’t be surrendered back to the firm, unless cancelled as per clause 13.

16- In case of default in payments of two consecutive installments besides down payment, a registration made shall stand blocked without notice and In case of default of four consecutive installments a registration made shall stand cancelled without notice. Its restoration shall be at the sole discretion of the firm as mentioned in clause 13.

17- In event of cancellation or a refund, 50% of the down payment received against the registration and 20% of the installment amounts received against this registration shall be deducted from the deposited amount at the time of refund in a time period as per convenience / discretion of firm’s management after the refund claim is filed by the applicant. The refund will be entertained for those payments only which are supported by payment proof of deposits made in the firm’s designated bank account only and no other payment mode adopted by the applicant shall be entertained at all for refund. Down payments / installments adjusted as rebates, commissions, compensation against any agreement or service shall not be refundable at all.

18- The management reserves the right to reallot a cancelled registration and its rights thereof. In this regard the decision of the firm shall not be challenged before any authority or court as the case may be.

19- This application shall be considered for the intended for the size selected by the applicant, however actual size may vary and accounts shall be adjusted thereof accordingly at the rate of cost of land applicable by the firm at the time of allotment.

20- At the time of allotment subject to conditions narrated above,  the allottees of boulevards 50 feet and above,  corner or park facing plots will pay 10% extra price in each occurrence, and 25% in case of a triple occurrence.

21- Upon completion of project development and successful completion of payments by the applicant including development charges / possession charges and all related dues levied by the firm, or the concerned government authority /department, physical possession shall be handed over to the Allotee. Till the completion of such payment in total the Allottee, will have no right to enter upon or to permit his/her agents, servants, employees or contractors to enter upon the allotted plot.

22- Applicant will abide by these terms and conditions in addition to the bye-laws , rules & regulations, resolutions, instructions governing allotment, possession, ownership, construction and transfer of plot, enforced from time to time by the firm as well as the concerned authority.

23- The construction of the plots shall be strictly in accordance with applicable Town Planning and Architectural (Control) rules and regulations of the concerned authority. A No Objection certificate will have to be obtained from the firm’s Design department before submitting the building plan for the approval to the authority. The Management will give Its NOC after clearance of all outstanding dues of the firm and payment of NOC fee prescribed by the firm. No construction on the plot shall be carried out without due approval by the authorities and intimation of such approval to the management. In case of deviation in the construction, the Allottee shall be the sole responsible for this act and shall bear the consequences along with penalties levied by the firm/ concerned authority. The firm shall bear no responsibility in such an event.

24- The firm would make every effort to obtain Electricity, water supply, sewerage and gas supply connection at the earliest for the project, however the firm accepts no responsibility if the supply of any of the above mentioned services by the concerned government agencies/ departments are delayed.

25- If the Project Blue World City, and its extension thereof, are abandoned (God forbid) due to any reason, the firm may offer the applicant registrations of similar value in its other projects or affiliated projects of similar monetary value or may choose to refund ( as mentioned in clause 17) the payments received in firms designated account with proof/receipt from the applicant within a prescribed period of time as per policy announced by the management at the time of such an event if any. However if the down payment or Form’s price (if any) was not received in firms designated account as in clause 8 then it shall not be refundable at all. It is clearly understood that in such an event, the applicant will not be entitled to any claim, damage or interest except the original amount paid by him/her in firms designated accounts only.