Reservation:

Application for reservation of the suite in Royal Ambassador shall be made on the prescribed application from duly signed by the applicant with earnest money. Allotment will be made on “first come first basis”. The company reserves the right to accept or reject any application without assigning any reason there to.

Allotment:

After received of the application and booking money, Royal Ambassador will issue an allotment letter and payment schedule. The applicant/allotee shall then start making payments as per the schedule of payment.

Payments:

All payments of booking money, installments, additional works and other charges shall be made by Cross check, Bank Draft or Pay Order / online transfer in favor of Royal Ambassador against which proper receipts will be issued.

Foreigners and Bangladeshi residing abroad may make payment in foreign exchange by TT or DD as per exchange rate issued by Bangladesh Bank as on the date of application and subsequently on the dates of installments paid.

Schedule of Payment:

That the SECOND PARTY must strictly adhere to the schedule of payments indicated in this allotment agreement. Delay in payments beyond the schedule date will make the allottee liable to pay a delay charge of 3% per month interest on the amount of payment delayed. If the payment is delayed beyond 90 days, the company shall have the right to cancel the allotment. In such an event the amount paid by the allottee will be refunded after deducting 10% of the total sales price only after resale of the suite.

VAT & Other Charges:

The allottee will pay stamp duties, VAT, registration fee, gain tax, share transfer fee, documentation charges and other miscellaneous expenses likely to be incurred in connection with the deed of agreement, allotment, registration and transfer etc. only the actual sums shall be charged.

Incidental Cost:

Connection fees, security deposits and incidental expenses/ charges relating to gas, water, sewerage, power connections, miscellaneous expenses are not included in the price of the suites at construction pre work & constructions going on time. The buyers shall reimburse all the expenses incurred by the company on these accounts to the cpmpany proportionate to their shares.

Allotment Transfer:

Until full payment of all installment and other charges, the buyer shall not have right to transfer the allotment to a third party.

About Royal Ambassador
Royal Ambassador is a brilliant composition of 5 Star comfort of accommodation with modern furniture’s & fittings. A blend of luxury & purposeful stay in a world class holiday resort to enjoy vacation or any business voyage. Availability of all needfull amenities and features at your fingertrips. Compreshensive, elegant and lofty investment for a promising outcome.