Your reason to believe.

Transcription

1 Legally speaking

2 Your reason to believe. SKYi believes in complete transparency and credits trust and honest practices with its decade long legacy. Real estate being a high investment sector requires a lot of research before investment. Quite often real estate projects land in statutory trouble. This raises one too many questions, in the customer s mind regarding the legitimacy of the project and the integrity of the developers. At SKYi we understand this concern and have addressed all concerns in the form of this legal docket. This docket collates and presents all legal documents related to this project and expounds on its importance and legal rami cations. Rated by CRISIL Gold Certi ed All the scanned documents are for reference only. If customer tends to have a look at complete set of documents then we can arrange

3 Contents Bank Association Title Certificate 5 6 Commencement Letter 7 NA Order 8 Environmental Clearance 9 Water Permission Forest NOC Fire NOC 12 Certification CREDAI 13 Certification CRICIL 14 Certification Criteria CRICIL 15 Certification IGBC 16 Certification Criteria IGBC 17

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5 Bank Association Banks at their sole discretion approve projects after considering the title investigations, valuation, legal clearances, nancial stability etc. We have partnered with multiple banks to provide our customers with choice and convenience and ensure reduced turnaround time. 5 All the scanned documents are for reference only. If customer tends to have a look at complete set of documents then we can arrange

6 Title Certi cate The certificate of Title is a legal document that states the details of the property and encumbrances if any, on the title of the property. The certificate of title provides a brief overview of the property. All the scanned documents are for reference only. If customer tends to have a look at complete set of documents then we can arrange 6

7 Commencement Letter from PMRDA It is an official document issued by the Local Town Planning or Municipal Authorities to allow or permit the builder to begin construction or work, once all norms, licenses, permissions and consents have been obtained from the concerned or appropriate statutory authorities. 7 All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange

8 NA Order Order by collector of district for the grant of permission to use the below mentioned lands for non- agricultural Purpose. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 8

9 Environmental Clearance The EC order is obtained from the Ministry of Environment & Forests for the project. Water Permission. The below mentioned order will re ect that the irrigation department has issued its consent to the developers. 9 All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange

10 Water Permission The below mentioned order will re ect that the irrigation dept has issued its consent to the developers. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 10

11 Forest NOC The below certificate reflects that the below mentioned properties are not under private forest & there s no restriction to built / construct in respect to the said lands as per the Forest act. 11 All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange

12 Fire NOC The said order re ects that the re o cer has issued its No Objection Certi cate for the buildings that are to be constructed upon the said land. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 12

13 Certi cation: CREDAI The Confederation of Real Estate Developers Associations of India (CREDAI) is the apex body for private Real Estate developers in India. CREDAI links private real estate developers to the government and customers through numerous initiatives and activities. The members of the CREDAI-Pune Metro have to observe Code of Conduct issued which will bring transparency. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 13

14 Certi cation: CRISIL CRISIL Star Ratings provide city specific all-round assessment of real estate projects and help buyers benchmark and identify quality projects within their city. It improves transparency and objective benchmarking of projects. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 14

15 Certi cation Criteria CRISIL Construction Quality Check if an eminent architect and structural consultant back the project s structural quality. A detailed ecosystem and sustainability study Check if the detailed study has been conducted to help maintain a greener ecosystem and led to e ciency in water and electricity usage. Financial details of the project Check if the nancial health of the project is strong and backed by robust sales progress, customer advances and sanctioned credit lines. The developers track record Check the track record of the developer in delivering quality projects Legal status of the project Check all legal documents and ascertain that the project is backed by clear and marketable land title and detailed sales agreement mentioning possession date, grace period, payment terms, default implications, delay compensation, cancellation charges, and defect liability period. 15

16 Certi cation: IGBC Indian Green Building Council (IGBC) is a part of CII-Godrej Green Business Centre, which is actively involved in promoting the Green Building movement in India. All stakeholders of the construction industry comprising of corporate, government & nodal agencies, architects, product manufacturers, institutions etc. represent the council. The council is industry-led, consensus-based and member-driven. The vision of the council is to serve as a single point solution provider and be a key engine to facilitate all Green Building activities in India. All the scanned documents are for reference only. If customer wants to have a look at complete set of documents then we can arrange 16

17 Certi cation Criteria IGBC IGBC Green Homes rating system addresses green features under the following categories: Site selection and planning: Soil erosion control Natural topography and vegetation Heat Island E ect- Roof Water e ciency: Rainwater harvesting Waste water treatment and reuse Landscape design Materials & Resources Separation of House-hold Waste Handling of Construction Waste Materials Materials with Recycled Content Indoor environment quality Fresh Air Ventilation Low VOC Materials, Paints & Adhesives Cross Ventilation Innovation & Design Process IGBC Accredited Professional Energy e ciency: CFC-free equipment On-site renewable energy Distributed power generator IGBC follows the above-mentioned criteria to the tee. Every merit must be validated with a corresponding document to validate the claim. Upon inspection and con rmation of compliance the certi cate is awarded. 17

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20 The Developer Enerrgia Skyi Developers Corporate O ce Shivana, above Royal Enfield showroom, Bhusari Colony, Paud road, Kothrud, Pune P skyi.com All the scanned documents are for reference only. If customer tends to have a look at complete set of documents then we can arrange 31