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1. Parties: Details of the seller/builder and purchaser including names, addresses, and registration details
2. Background: Context of the transaction, property details, and brief overview of the construction project
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale Terms: Terms and conditions of the property sale including consideration, payment schedule, and title guarantees
5. Construction Specifications: Detailed specifications of the construction work to be undertaken
6. Timeline and Milestones: Construction schedule, completion dates, and milestone payments
7. Quality Standards: Construction quality standards, materials specifications, and workmanship requirements
8. Approvals and Compliance: Required regulatory approvals, permits, and compliance requirements
9. Payment Terms: Detailed payment structure, installment schedule, and payment conditions
10. Possession and Completion: Terms regarding handover, possession, and completion certificate
11. Defect Liability: Builder's liability period and obligations for defect rectification
12. Representations and Warranties: Warranties by both parties regarding title, approvals, and construction quality
13. Default and Remedies: Consequences of default and available remedies to parties
14. Force Majeure: Provisions for unforeseen circumstances affecting construction
15. Dispute Resolution: Mechanism for resolving disputes between parties
16. Notices: Process and addresses for serving notices
17. Governing Law: Applicable laws and jurisdiction
1. Mortgage Provisions: Required if the purchaser is obtaining bank financing
2. Common Areas and Facilities: Needed for apartment/complex developments
3. Modification Rights: Optional provisions for allowing buyer modifications to design
4. Maintenance Terms: Required for projects with maintenance services
5. Club House and Amenities: Relevant for projects with additional facilities
6. Environmental Compliance: Required for large projects or environmentally sensitive areas
7. Assignment Rights: Optional provisions for transfer of rights
8. Delayed Payment Interest: Optional detailed terms for late payment consequences
1. Property Description: Detailed description of the property including boundaries and measurements
2. Payment Schedule: Detailed breakdown of payment installments and triggers
3. Construction Specifications: Detailed technical specifications, materials, and finishing details
4. Floor Plans: Architectural drawings and floor plans
5. List of Amenities: Detailed list of included amenities and facilities
6. Construction Timeline: Detailed construction schedule with milestones
7. Quality Standards: Detailed quality parameters and acceptance criteria
8. Title Documents: Copies of land title and ownership documents
9. Approvals: Copies of regulatory approvals and permits
Applicable Laws
Approved Plans
Architect
Built-up Area
Builder
Building Bylaws
Carpet Area
Completion Certificate
Completion Date
Construction Cost
Construction Period
Construction Schedule
Contract Price
Contractor
Defect Liability Period
Defects
Developer
Development Rights
Earnest Money
Encumbrance
Force Majeure Event
Government Authority
Interest Rate
Land
Material Adverse Effect
Occupancy Certificate
Payment Schedule
Permitted Use
Plans and Specifications
Possession Date
Project
Property
Purchase Price
Purchaser
RERA
Sale Consideration
Sanctioned Plans
Schedule of Payments
Seller
Specifications
Super Built-up Area
Technical Specifications
Title
Transfer Date
Unit
Warranties
Work Order
Title and Ownership
Construction Specifications
Payment Terms
Timeline and Milestones
Quality Standards
Warranties and Representations
Regulatory Compliance
Insurance
Force Majeure
Indemnification
Default and Remedies
Termination
Assignment and Transfer
Dispute Resolution
Governing Law
Notices
Confidentiality
Property Possession
Construction Schedule
Materials and Workmanship
Approvals and Permits
Inspection Rights
Defect Liability
Environmental Compliance
Health and Safety
Labor Compliance
Variation and Modifications
Maintenance Obligations
Utilities and Services
Real Estate Development
Construction
Residential Property
Commercial Property
Infrastructure Development
Urban Development
Property Investment
Architecture and Design
Legal
Real Estate
Construction
Project Management
Compliance
Property Management
Business Development
Finance
Operations
Design and Architecture
Real Estate Developer
Construction Manager
Project Manager
Legal Counsel
Property Lawyer
Architect
Structural Engineer
Quantity Surveyor
Contract Manager
Compliance Officer
Real Estate Agent
Property Manager
Development Director
Construction Site Supervisor
Real Estate Investment Manager
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