Air bypass Road, Near Annamaiah Circle, Tirupati green city, Tirupati-517501, Andhra Pradesh.
Air bypass Road, Near Annamaiah Circle, Tirupati green city, Tirupati-517501, Andhra Pradesh.
General Terms & Conditions
i. Indian Nationals and NRIs (sole or joint applicant)
ii. Legal Entities registered under Indian Companies Act ( The person applying on behalf of company should furnish the Board Resolution to purchase the flat and for entering in to such deeds, acts and other documents related to at the time of KYC ).
i. Complete project details mentioned on the TUDA website, including the details of the area of specific flat, Sale Consideration, Total Cost of the Flat, Total Amount Payable.
ii. Payment Milestones from booking advance till Registration of Conveyance / sale deed.
iii. Regular updates at https://www.tudaap.in/ (or) https://www.tudatowers.in website
CANCELLATION/ SURRENDER/WITHDRAWAL REFUNDS |
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a) For non -payment of the price with in stipulated time, the allotment will be cancelled without any intimation of whatsoever nature. All the payments by the applicant shall be made with in the stipulated time. |
b) For the purpose of prompt accounting of the applicant, he /she may intimate the payment particulars as and when made. |
c) The allotment is also liable for cancellation for violation of any other terms and conditions as contained herein or as may be communicated from time to time. |
d)withdrawal or surrender of allotment by the applicant amounts to cancellation and forfeiture of EMD and cancellation fee etc. as detailed below. |
e) THE ALLOTMENT SHALL BE CANCELLED. |
i) If the allottee refuses the flat allotted after the auction. |
ii)If the allottee fails to pay the amount due, on account of balance sale price or instalment or arrears of instalment with penal interest or Registration charges with in the time allowed by the authority. |
f) THE FOLLOWING CONSEQUENCES FOLLOW THE CANCELLATION OF THE ALLOTMENT. |
i)Where the allotment is cancelled under condition No.22 (e) (i) entire EMD shall be forfeited. |
ii)Where the allotment is cancelled under condition No.22(e) (ii) the entire EMD and 25% of the amount till then paid shall be forfeited. |
g) TRANSFER OF ALLOTMENT |
i)Application for transfer of allotment of plot shall be entertained in the event of mentioning the name of the nominee. |
ii)the applicant has to mention the nominee particulars in the application itself to transfer the plot in the name of nominee in case he chooses so. |
1. Provisional Allotment of flat is strictly based on realisation of EMD by TUDA.
2. Payment of EMD towards booking a flat in TUDA can be made only through online process on https://www.tudaap.in (or) https://www.tudatowers.in website through online Payments.
3. Applicant confirms, that he/ she has read the entire project information on the website including updates made from time to time, made his / her own analysis and checked accuracy, adequacy, correctness, reliability and completeness of the information provided in the website before proceeding for payment of booking advance.
4. For facilitating online payments, payment gateway service is made available through third party gateway, namely "CCAvenue". The applicant understands and agrees to the terms of use of the Payment Gateway - CCAvenue. While best efforts are made by CC Avenue to extend optimum performance, TUDA shall not be responsible for issues related to CC Avenue performance, transaction failures etc.
5. Booking advance from NRI's shall be accepted in Indian Rupees only. NRI's can make the payment only through their Non-Resident Ordinary (NRO) account.
6. Flat will be provisionally allocated only in case if the 'transaction' - whole lifecycle of flat booking process is completed (selecting the flat till 'Success' return message from CC Avenue striking TUDA website) within stipulated time and complying with online auctions.
A transaction comprises of the following steps in two seamless sessions after the applicant agrees to the terms and conditions and fills his /her details
a) Session for successful Payment- for which session timeout time is 15 minutes from its initiation:
The steps enlisted above - I to V covered under both "Session for successful payment " are collectively defined as "Transaction ". Any breakage/aborting/termination anywhere during the above steps in the "Transaction", for whatsoever reason before it is concluded, will be treated as incomplete and unsuccessful transaction for the purpose of provisional allotment of flat. A transaction initiated will not be treated as successful until and unless it is concluded within respective session time-out time and even if the money is deducted by the bank of the applicant for such incomplete transaction, the same will get auto reversed by the payment gateway and the applicant shall not have any claims whatsoever for provisional allotment.
7. In case of any incomplete transaction(s) (done through domestic bank accounts & NRO accounts), the refund shall be automatically done by the respective payment gateway. TUDA does not hold any liability of the amount deducted for such incomplete transaction as well as transaction charges (if any).
8. In case of any multiple/conflicting transactions on same flat for whatsoever reasons, the provisional allotment will be made to the applicant, whose transaction is concluded duly complying with the highest bidder.
9. In case, where the booking advance is made and the applicant has not received any payment acknowledgement from TUDA , due to any reason, whatsoever, the entire booking advance shall be refunded within 15 days from such payment.
10.Tuda reserves the right either to continue with the scheme (or) cancel the auction without any intimation for the reason beyond their control the advance bookings will be refunded.
11. Failure of KYC process completion and execution of the Agreement for Sale within prescribed timeline may result in cancellation of the provisional allotment. The TUDA reserves the right to make available the flat for rebooking at a later date.
12. If the provisional allottee decides to cancel the booking after agreement for sale the entire EMD and 25% of the amount till then paid shall be forfeited by TUDA after deducting applicable taxes / charges (if any) within forty-five (45) days of such date of cancelation, without any interest.
13. It is the sole responsibility of the applicant to provide correct information during the booking process.
14. the information furnished is found incorrect, TUDA reserves the right to cancel the transaction / allotment.
15. The TUDA reserves the right to cancel the provisional allotment and exercise legal recourse for fraudulent transactions.
PRICING OF Flats | |
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Base price | 2 Bed Room: INR 5800 per sqft; 3 bed & 4 Bed: INR 5900 /sqft; |
EMD | INR 2,00,000 booking amount for 2br, 3br, 4br |
Car Parking * | INR 200,000 for 2 Br flat per car park - INR 350000 for 3Br and INR 500,000 (2 cars Stacked parking) for 4Br |
East Facing Preferred Location Charges | INR 50 per sqft |
Floor Rise Preferred Location Charges | INR 20 per sqft for floor rise shall be applicable from 5th floor to 9th floor AND INR 40 per sqft shall be applicable from 10th to 13th Floors onwards |
Amenity Charges | INR 300,000 per Flat |
Infrastructure development cost | INR 100 per sqft for external Infrastructure cost |
Corpus Fund | INR 50 per sqft (to be payable at the time of execution of conveyance / sale deed). This amount will be deposited with Resident Welfare Association, once it is constituted. |
Maintenance Charges | INR 2 per sqft per month for 12 months (to be payable at the time of execution of conveyance / sale deed) After 12 months the elected society shall own the maintenance. |
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1. tudatowers.in https://www.tudaap.in (or) https://www.tudatowers.in is the only URL/website/domain through which applicant shall apply for booking in TUDA Towers project. TUDA can not be held responsible for transactions on any other website(s) regarding TUDA.
2. tudatowers.in https://www.tudaap.in (or) https://www.tudatowers.in is best experienced on "Google Chrome" browser. It's performance may vary based on technical issues at applicant's end like "internet connectivity", "hardware/software, browser" etc.
3. By initiating the process of flat booking on the tudaap.in/ tudatowers.in booking tuda platform, the applicant agrees to all the terms and conditions and confirms that his/her process of booking does not automatically result in to flat allotment.
4. On this TUDA website, the following are treated as awareness issues from applicant end like:
5. Flat will be provisionally allocated only in case if the 'transaction' - whole lifecycle of flat booking process is completed (selecting the flat till "Success" return message from CC Avenue striking TUDA website) within stipulated time and complying with "online actions".
6. A transaction comprises of the following steps in two seamless sessions after the applicant agrees to the terms and conditions and fills his/her details;
The steps enlisted above - 1 to 5 covered under both "Session for flat selection " and "Session for successful payment" are collectively defined as "Transaction". Any breakage/aborting/termination anywhere during the above steps in the "Transaction", for whatsoever reason before it is concluded, will be treated as incomplete and unsuccessful transaction for the purpose of provisional allotment of flat. A transaction initiated will not be treated as successful until and unless it is concluded within respective session time- out time and even if the money is deducted by the bank of the applicant for such incomplete transaction, the same will get auto reversed by the payment gateway and the applicant shall not have any claims whatsoever for provisional allotment.
7. If in case, there are any unavoidable/unforeseen technical issues with respect to TUDA application at the time of online flat booking, TUDA reserves the right to exercise any or all of such measures, including - to postpone the activity or to take appropriate downtime/measures at any point of time to restore the services. The applicant agrees to any circumstances arising out of such measures, which may include - applicant dropping off from the session, payment gateway session termination, revoking the flat allocation confirmation to the user through website/sms/email, payment processing and non- allocation of flat etc. The applicant will not have any claim whatsoever against the TUDA and the TUDA for non allotment of flat for such technical reasons.
8. In case if the applicant enters incorrect name/details while filling the personal details form (spelling mistakes, typo errors, manual errors etc.) and submits a successful transaction for flat, Aadhaar number/Passport number will be taken as the key field for verification during KYC process and the same details as presented during KYC process will be considered for Agreement.
9. All updates on booking, provisional allotment of flat, KYC process, agreement to sale and all post allocation confirmation are regularly made availabe on the www.tudatowers.in https://www.tudaap.in (or) https://www.tudatowers.in website.
10. Force major conditions shall apply to the booking process.