Amendment status not verified — confirm the current text below against the official source.
(1) The allottee shall be entitled to obtain thc infurmatinn .f ivv. Rights and relating to sanctioned plans. layout plans along with duties of the specifications, approved by the competent authority atlottees. and such other information as provided in this Act or the rules made thereunder or the agreement for sale signed with the promoter. (2) The allottee shall be entitled to know stage-wise time schedule of completion of the project. including the provisions for water, sanitation. elecuicity and other amenities and services as agreed to between the promoter and the allottee in accordance with the terms and conditions of thc agreement for sale. (3) The allottee shall be entitled to claim the possession of apartment, plot or building. as the case may be. and the association of allottees shall be entitled to claim the possession of the common areas. (4) The allottee shall be entitled to claim the refund of amount paid along with interest at such rate, as may be prescribed and compensatwn in the manner as provided under the Real Estate (Regulation and Development) Act, 2016, from the promoter, if the promoter fails to comply or is unable to give possession of the apartment, plot or building, as the case may be, in accordance with the terms of agreement for sale or due to discontinuance of his business PUNJAB GOVT. GAZ. (EXTRA), APRIL 16. 2021 143 (CHTR 26, 1943 SAKA) as a developer on account of suspension or cancellation of his license tinder the provisions of this Act or the rules made thereunder or suspension or revocation of his registration under the provisions of the Real Estate (Regulation and Development) Act, 2016. (5) The allottee shall be entitled to have the necessary documents and plans. including that of common areas, after handing over the physical possession of the apartment or plot or building, as the case may be, by the promoter. (6) Every allottee, who has entered into an agreement for sale to take an apartment, plot or building, as the case may be, under sections 6 or 18, shall be responsible to make necessary payments in such manner and within such time as specified in the said agreement for sale and shall pay at the proper time and place. the share of the registration charges, municipal taxes. water and electricity' charges, maintenance charges. ground rent. and othei charges, if any. (7) The allottee shall be liable to pay interest at such rate, as may be prescribed, for any delay in payment towards any amount or charges to be paid under sub-section (6). (8) The obligations of the ailonee under sub-section (6) and the liability towards interest under sub-section (7) may be reduced when mutually agreed to between the promoter and such alloitee. (9) Every allottee of the apartment, plot or building, as the case may be, shall participate towards the formation of an association or society or cooperative society of the allottees, or a federation of the same. (10) Every allottee shall take physical possession of the apartment, plot or building, as the case may be. within a period of two months of the occupancy certificate issued for the said apartment, plot or building, as the case may be. (11) Every allottee shall participate towards registration of the conveyance deed of the apartment, plot or building. as the case may be. as provided under sub-section (1) of section 15.'.