Terms and Conditions

Membership Requirements

Purpose

The purpose for joining the group is for building and buying property only.

Offer Timelines

The offer remains valid for 5 years as long as you are active. The only variable that may change the offer is the cost of land at the project which you are aiming to complete your unit in. You will pay the offer price plus any extra cost of land.

Late Payment Policy

If you are late to pay the quarterly amount, you will lose your offer on the ongoing project. You will only be allowed to buy with the current offer if the unit you were aiming for is still available. If it is not available, you will be taken to the next project automatically.

Unit Allocation

You get allocated a unit at 85% payment completion, but the remaining 15% balance should be paid immediately upon allocation.

Payment Compliance

All other charges should be paid on time. If one does not cooperate in this regard, he/she may lose the allocation to another member who will adhere to terms until completion.

Additional Charges

Other charges include:

• Parking
• Water meter
• Power meter
• Playground
• Water reservoir
• Document production
• Legal fees
• Transformer
• Borehole

Monthly Contributions

Refund Policy

There is no refund for money contributed unless you request by writing a letter within 3 months after completion of any ongoing project. The party in breach shall suffer a penalty of 20% of the agreed property value. Refunds will be made based on payment installments at the exact date that payment was made.

Breach by Company

If the company breaches the contract, the company shall return all monies contributed plus 20% of the cost of the property plus any other loss incurred.

Property Finishing

The houses are developed without interior finishing. Any extras including custom needs shall be paid by the purchaser/purchasers.

Property Management

Common areas to be managed by Digro Housing or any other company appointed by Digro Squired Investment.

Service Charge

Service charge amount must be paid on time. Non-compliance will result in:

• First step: Switching off water and electricity meters
• Second step: Spotting/welding/locking your house
• Final step: You may lose your unit to another member willing to cooperate with management

Company Lawyer

The company lawyer is SK Amani Advocates. However, any person can seek liberty to interpretation from an individual lawyer.

Documentation Rights

Every person is entitled to all documentation including:

• Offer Letter
• Agreements/Contracts
• Allocation Letter
• Any other relevant papers or receipts

Title Deed Processing

The title deed will be processed at the end of completion of a particular phase and when sale of all units is complete. The timeframe may vary between 6 months to 1 year.

Portal Wallet Funds

Any uncommitted money in the portal wallet will automatically be committed to use and considered as committed.

Amendments

Any other agreement shall be in writing and be annexed to the main contract.

Legal Disputes

No one shall affect the free construction of any project by court cases. The property belongs to many members, thus not letting other people suffer from his or her misunderstanding.

Unit Entitlements

The client is only entitled to the unit bought and not any other space in the apartment. Parking spaces should be paid for separately. Other developments in the building remain with the developer.

Trust Arrangement

Digro Holding | Digro Squired Company are sister companies and they will only hold the property in Trust of the purchaser.

Common Area Development

All developments including parking finishing, painting of common areas and outside areas, pavements, etc., should be done through owners' contribution.