1.

Applications for allotment of apartments should be made on the prescribed application form duly signed by the Applicant along with the Booking Money/Earnest Money. Builders View (Pvt.) Ltd has the right to accept or reject any application without assigning any reason thereto.

2.

Builders View (Pvt.) Ltd and the Allottee will be required to execute an Agreement as per the Company's prescribed format. The Applicant/Allottee shall then start making payments as per the schedule of payment. Allotments of apartments are made on first come first served basis.

3.

All payments of Booking Money/Earnest Money, Installments, Additional works and other charges, shall be made by Bank Draft or Pay Order in favour of Builders View (Pvt.) Ltd for which respective receipts will be issued. Bangladeshis residing abroad may remit payments by TT or DD.

4.

Payments of installments, car park costs and all others charges are to be made on due dates. Builders View (Pvt.) Ltd may issue reminders to the Allottee but, not withstanding the issue or reminders, the Allottee must adhere to the Schedule of the allotment.

5.

Delay in payments beyond the due date will make the Allottee liable to pay a delay charge of 0.1% per day on the amount of payment delayed. If the payment is delayed beyond 45 days Builders View (Pvt.) Ltd shall have the right to cancel the allotment. In such an event the amount paid by the Allottee will be refunded after deducting 15% of the Earnest Money after 180days.

6.

Connection fees/Charges, security deposits & other incidental expenses relating to gas, water, sewerage and electric connections are not included in the price of apartments. These payments will be made by Builders View (Pvt.) Ltd directly to the authorities concerned, on the Allottee's account. The Allottee will be billed proportionately on actual costs basis.

7.

Limited changes in the specifications, design and/or Layout of the apartments and other facilities may be made by Builders View (Pvt.) Ltd in larger overall interest or due to unavoidable reasons.

8.

Builders View (Pvt.) Ltd may cancel an allotment on non payment of installment in disregard of reminders and after final intimation of Allottee by registered post at the address given in the application form.

9.

After completion of full payment of installments, other charges and due the possession of each apartment shall handed over to the Allottee. Till all payments of installment, due and other charges are completed possession of apartment will rest with Builders View (Pvt.) Ltd.

10.

The Allottee will pay VAT, stamp duties, registration fee, documentation charges and any other taxes and expenses likely to be incurred in connection with the Deed of Agreement, Allotment, Registration and Transfer etc. The actual costs incurred shall be charged.

11.

After taking over of apartment or the project, the Allottee(s) must not under taking any structural or layout changes within the apartment complex.

12.

The Schedule of Implementation has been prepared keeping in view both quality and smooth progress of work.

13.

The completion period of the construction of the project can be affected by unavoidable circumstances beyond the control of Builders View (Pvt.) Ltd like force majeure, natural calamities, political disturbances, materials scarcity or price escalation, strikes and changes in the fiscal policy of the state etc.

14.

If for any reason beyond the control of Builders View (Pvt.) Ltd the implementation "Our Project" is abandoned, Builders View (Pvt.) Ltd will refund to the Allottee the Earnest Money and installments deposited within 180 days from the announcement made to this effect. In this eventuality, the Allottee will not be entitled to any claims or damage whatsoever.

15.

The Allottees, after full payment of dues, will elect from among themselves a Board of Management for managing the general affairs in the common interest. Each Allottee must deposit minimum Tk. 25,000 or any suitable amount determined by Company for each Allotment of Apartment towards the Reserve Fund for initial common service expenses of the Complex. Allotees will have to pay the additional payment for sub-station & others connections.