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1. Parties: Details of the seller/builder/developer and the purchaser including full names, addresses, and registration details if applicable
2. Background: Brief context about the property, ownership status, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement including 'Property', 'Completion Date', 'Purchase Price', etc.
4. Property Details: Comprehensive description of the flat/apartment including exact location, measurements, and specifications
5. Purchase Price: Total consideration, payment schedule, mode of payment, and consequences of default
6. Payment Terms: Detailed breakdown of the payment structure, installments, and timelines
7. Possession: Terms regarding handover of possession, timeline, and conditions precedent
8. Seller's Representations and Warranties: Warranties regarding title, encumbrances, approvals, and compliance with laws
9. Purchaser's Representations and Warranties: Confirmations regarding financial capacity and compliance with requirements
10. Maintenance and Society Matters: Terms regarding maintenance charges, society formation, and rules
11. Registration and Transfer: Process and obligations for property registration and title transfer
12. Default and Remedies: Consequences of default by either party and available remedies
13. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
14. Notices: Method and addresses for serving notices between parties
15. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes
16. General Provisions: Standard clauses including amendments, entire agreement, and severability
1. Loan and Finance: Include when purchaser is obtaining bank finance, detailing tripartite arrangements
2. Construction Timeline: Include for under-construction properties, specifying construction milestones
3. Parking Space: Include when dedicated parking space is part of the agreement
4. Interior Works: Include when developer is providing customized interiors or modifications
5. Power of Attorney: Include when any party is acting through authorized representative
6. GST and Taxation: Include detailed tax clauses when applicable to the transaction
7. RERA Compliance: Include specific RERA compliance details for newly constructed properties
1. Schedule A - Property Description: Detailed technical description of the property including boundaries and measurements
2. Schedule B - Payment Schedule: Detailed breakdown of payment installments with due dates
3. Schedule C - Specifications: Detailed specifications of materials, fittings, and amenities
4. Schedule D - Floor Plan: Architectural plan of the flat with measurements
5. Schedule E - List of Amenities: Details of common amenities and facilities provided
6. Schedule F - Title Documents: List of property title and ownership documents
7. Appendix 1 - RERA Documents: Copies of RERA registration and compliance documents
8. Appendix 2 - Approved Plans: Municipal-approved building plans and sanctions
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