Terms and Conditions
  1. The sale deed for the individual plot is registered on receipt of the entire payments under the contracts.
  2. Cost of stamp paper, registration charges, legal and miscellaneous expenses in connection with the registration of land are to be borne by the purchasers.
  3. Other expenses to be borne by the purchaser include all the local taxes, sales tax, Kerala Building tax, construction workers welfare fund, provident fund contributions, if any, other statutory payments in respect of the construction carried out, cabling charges, maintenance deposit, cost of transformer and generator (common) and for extra work, if any.
  4. The plans are not drawn to scale and are included for the purpose of identification.  The measurements shown in the plans are indicative and may vary slightly.
  5. The actual area of construction will be arrived at after the construction is over and cost will be adjusted as per actual area of construction.
  6. Sanctioned building plans, title deeds and sale agreement pertaining to land are available at our office for reference.
  7. Monthly maintenance expenses are to be shared among the owners as decided by the Owners Association which include expenses for maintenance of common areas, common facilities provided, machineries or equipments provided for common use and common lighting.
  8. The ownership of the common area and facilities will remain with the company.
  9. The maintenance will be carried out by the builder till formation of the Owners Association which will take over the maintenance.  Membership in the association is compulsory and not optional.  Maintenance deposit is collected from all owners by the builder and after meeting the expenses, the balance will be transferred to the Owners Association.
  10. Overseas buyers should make their payments through normal banking channels, amounts payable at Thrissur.
  11. All transactions are subject to Thrissur Jurisdiction only.
  12. This is a time bound project.  In case payments are not made as per agreement signed, the Builders reserve the right to cancel the allotment, in which case the amount remitted will be returned only after reallotment to another party, and without any interest and subject to deduction of expenses.
  13. Completion and delivery dates are indicated to give an idea of probable completion of the project.  Every effort will be made to complete and hand over the projects within the stipulated time.  However no responsibility will be accepted for any delay in completing the project,  due to unforeseen circumstances and obtain the services from statutory bodies due to reasons beyond the control of the company.
  14. All payments should be paid by Demand Draft payable at Thrissur in favour of M/s. Dream Life Builders and Developers Pvt. Ltd and crossed Account payee only.  Local cheques are also accepted.
  15. For delayed payments we will be charging 12% bank interest.
  16. The builder/marketing agent reserves the right to reject any application.
  17. Government regulations and rules will be the final determinant on all.
 
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