EXIT OPTION

It is understood that this Agreement upon receipt of written notice (without any personal reason) is cancelable at the option of either of the parties to this agreement within a period of 7 days from the date of the signed Agreement. Upon the non-receipt of any such notice within the stipulated period, the parties agree to be bound by the term and conditions of the signed agreement thereafter and the Developer shall not be entitled to refund any money held by it.

REFUND

It is understand that if the Agreement is canceled as per clause 15 above by the applicant(s), the company shall refund to the applicant(s), the payments then held by Company after deducting the administration fee of Rs. 25000/- paid by the purchaser. But without any interest within 90 days from the date of cancellation request.