The EMD amount will be refunded without interest to the following applicants only who are:

Eligible for EMD Refund Date of Refund
Declared Not Selected in Draw of Lots Dated 27/01/2019 Up to 11th Feb 2020
Wait list Pool applicant and not promoted to select list till 24th Feb 2020. Up to 11th March 2020
Selected in one flat category and hence EMD of other flats category will be refunded by 11th Feb 2020. Up to 11th Feb 2020.

The EMD of the applicant will be forfeited on following occasions:

  1. If selected applicant fails to register sale agreement by 25th Feb 2020 for any reason.
  2. If selected applicant decline the flat on account of location, floor, Vaastu and for any other reason etc.
  3. If selected applicant withdraws himself due to inability to pay for the flat cost due to insufficient funds or less home loan eligibility.
  4. If Promoted wait list pool applicant fails to register sale agreement by 24th Mar 2020.
  5. If Promoted wait list pool applicant fails to full fill conditions 11 (b) & (c) stated as above.

Please refer to Terms and Conditions for better understanding.

मराठी मध्ये वाचण्या साठी इथे क्लिक करा .