Terms & Condition

Last updated on 11 March 2026

  • Cost of stamp paper, registration charges, legal and miscellaneous expenses related to the registration of the apartment shall be borne by the purchaser. Any additional stamp duty claimed by the Registration Department shall also be borne by the purchaser, and the purchaser agrees to keep the builder/seller indemnified on these matters.
  • Other expenses to be borne by the purchaser include all applicable local taxes and Goods and Service Tax (GST). Statutory charges applicable during or after the contract period, including KSEB deposit, incidental charges, deposits mentioned in the agreement, monthly maintenance deposit/advance, and charges for any extra works will also be borne by the purchaser.
  • The plans are not drawn to scale and are provided only for identification purposes. Measurements shown are indicative and may vary. Furniture layout is for space utilization indication only. Elevation shown in the brochure is an artist’s impression and may vary based on practical site conditions.
  • All measurements and specifications shown in the brochure are subject to minor variations without prior notice. Such variations or alterations will be at the discretion of the builder.
  • The area mentioned is the carpet area as defined under RERA and will be disclosed in the official documents.
  • Monthly maintenance expenses will be shared among owners as decided by the Owner’s Association. These include maintenance of common areas, amenities, facilities, security services, machinery/equipment for common use, and common lighting.
  • Maintenance will be handled by the builder until the Owner’s Association is formed. After formation, the association will take over maintenance responsibilities.
  • Maintenance charges are payable monthly by the owners. Membership in the Owner’s Association is compulsory.
  • A maintenance deposit/advance will be collected from all owners by the builder. After deducting maintenance expenses incurred during the builder-managed period, the remaining balance will be transferred to the Owner’s Association after its formation.
  • Overseas purchasers must make payments through proper banking channels.
  • All transactions are subject to the jurisdiction of Ernakulam.
  • This is a time-bound project. If payments are not made as per the agreement, the builder will be entitled to remedies prescribed under RERA rules and as per the agreement between the parties.
  • The builder/company is not responsible for delays in obtaining water or electricity connections caused by delays from the respective departments.
  • Documentation:
    • On allotment, necessary agreements will be executed between the builder and purchaser as per K-RERA rules.
    • The sale deed will be registered in the purchaser’s name by the builder or landowner after receipt of the full payment as per the agreement.
  • All payments must be made through bank transfer, crossed demand drafts, or local cheques payable at Ernakulam in favour of M/s. Varma Homes Private Limited.
  • Interest for delayed payments will be charged as stipulated in the RERA Act and Rules.
  • The builder or marketing agent reserves the right to accept or reject any application without assigning reasons and may reject the application before the execution of formal agreements.
  • This brochure is for informational purposes only and does not constitute a legal offer or invitation to an offer.
  • Disputes: All disputes or differences arising out of or connected with this matter shall be referred to arbitration as per the applicable law at the time of commencement.