General
By using our website or applying for membership/site allotment, you agree to follow these Terms & Conditions.
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Membership & Site Allotment
Applicants affirm that neither they nor their family members own any residential sites/buildings in the Karnataka BDA/BMRDA or similar authority areas.
Site allotments are granted subject to society and authority approvals and depend on land availability.
The society reserves the right to modify or withdraw offers at any time without prior notice.
Membership or site allotment may be canceled if false or misleading information is discovered.
How We Use Your Information
- To process your membership applications and site allotments smoothly.
- To manage financial transactions, including fixed deposits.
- To keep you updated with important announcements and exclusive offers.
- To comply with applicable legal and regulatory requirements.
Fixed/SITES Deposit Terms
Fixed/Sites deposits require a minimum lock-in of 24 months.
Early withdrawals are subject to deductions, taxes, and cancellation fees as per Society board desition.
Payments must be made through fixed deposits or bank loans.
Aadhaar card and permanent membership are mandatory, and members must maintain a bank account as specified.
Payment Obligations
Installment payments for site allotments must be made on schedule.
Members are responsible for paying any additional dues related to land conversion or clearances.
All payments and refunds are subject to applicable taxes as per Indian laws.
Credit/Debit Card Usage
Members may use credit or debit cards for payments related to site allotments, fees, or deposits, subject to availability. All transactions are secure and comply with RBI guidelines. Any transaction charges are to be borne by the member.
Loans from Sister Concern Credit Societies
Members may avail of loans through affiliated credit societies to support payments for site allotments or deposits. These loans are governed by the respective societies’ terms, interest rates, and approval criteria. Members must follow the repayment schedules set forth in their loan agreements.
Labour Clause
We are dedicated to fair labor practices. All workers engaged in land development and construction are employed and compensated as per the Labour Laws and Minimum Wages Act, ensuring safe and fair working conditions.
Banking Clause
All financial transactions, including payments and refunds, are carried out through banking channels regulated by the RBI. Members agree to comply with KYC norms and maintain valid bank accounts as required by law.
Legal Declarations
In the unfortunate event of a member’s demise without a nominated legal heir, the society shall retain legal rights to the site or allotment.
Members must provide any further information or documents as requested by authorities or the society.
Dispute Resolution
All disputes will fall under the exclusive jurisdiction of the courts in Bangalore, Karnataka..