Terms and Conditions - Mantra Magnus

1. Booking and Payment:

Booking of a unit at Mantra Magnus requires payment of the booking amount as specified by Mantra Properties. The balance amount and additional charges (if applicable) must be paid as per the payment schedule agreed upon at the time of booking. Payments are to be made via approved modes as specified by Mantra Properties.

2. Possession and Handover:

The possession date of the unit will be communicated by Mantra Properties and is subject to change due to unforeseen circumstances. Upon completion and handover of the unit, the buyer must complete all formalities and payments required for possession.

3. Use of Property:

The unit is intended for residential use only and cannot be used for any commercial or unlawful purposes. Any modifications to the unit must be approved by Mantra Properties in writing.

4. Maintenance Charges:

The buyer agrees to pay maintenance charges and other applicable fees as per the maintenance agreement provided by Mantra Properties.

5. Legal Compliance:

The buyer must comply with all applicable laws, rules, and regulations pertaining to the ownership and use of the property.

6. Default and Cancellation:

In case of default in payment or breach of terms by the buyer, Mantra Properties reserves the right to cancel the booking and forfeit the booking amount. The buyer has the right to cancel the booking as per the cancellation policy of Mantra Properties, subject to applicable terms and conditions.

7. Transfer of Ownership:

Transfer of ownership or resale of the property must be done in accordance with the laws and regulations governing property transactions.

8. Dispute Resolution:

Any disputes or claims arising out of or related to the property shall be resolved through negotiations between the parties. If unresolved, disputes may be referred to arbitration or legal proceedings as per applicable laws.

9. Force Majeure:

Mantra Properties shall not be liable for any delay or failure in performance arising from events beyond its control, including but not limited to acts of God, natural disasters, or government actions.

10. General Terms:

These terms and conditions constitute the entire agreement between the parties and supersede any prior agreements or understandings. Mantra Properties reserves the right to modify or amend these terms and conditions at its discretion.

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