Expression of Interest Form for Booking of Units

I/We am/are expressing my interest in your project namely India Jewellery Park Mumbai (“IJPM”) - “BLOCK B” for purchasing following units by paying booking amount.

Block ‘B’ Size (Sq. Ft.) * Rate per Sq. ft. Total Amount (INR)
Floor

Sq. Ft. in Rera Carpet Area
*Unit Size is subject to change

Total Amount (INR)
INR

My / Our details are as follows

Booking Details

IJPM Bank Details

Company Name India Jewellery Park Mumbai
Bank ICICI Bank Ltd.
Branch Bharat Diamond Bourse
A/c No. 121701001403
IFSC Code ICIC0001217
A/c Status Saving A/c

DECLARATION :

I/We, the proposer(s) do hereby declare that by this Expression of Interest, I /We accept and agree to abide by the terms and conditions of the expression of interest & proposed agreement. The above particulars/information given by me/us are true and correct and nothing has been concealed thereof.

TERMS AND CONDITIONS OF EXPRESSION OF INTEREST (EOI) IN UNIT IN “BLOCK B” IN "INDIA JEWELLERY PARK MUMBAI"

  1. The Applicant(s) has expressed interest for the PROVISIONAL allotment of a unit(s) on sub-leasehold basis to be developed in the proposed Jewellery Park named as "INDIA JEWELLERY PARK MUMBAI" (IJPM) situated at Mahape, Navi Mumbai.
  2. Amount deposited towards EOI is 100% refundable without any interest, within a period of 30 days if the EOI is rejected by IJPM.
  3. The EOI does not convey in favour of purchaser any right, title or interest of whatsoever nature unless and until IJPM and Applicant consummate the required documentation. i.e. agreement is executed.
  4. The IJPM at its own discretion reserves the right to select, reject any or all EOI received without assigning any reason whatsoever and shall not, in any manner whatsoever, be accountable liable for any claims of the Interested Parties or any other third party in that regard reject all or any EOI.
  5. Registration Charges, Stamp Duty and incidental expenses thereto as applicable at the time of registration shall be extra and is to be borne by the Applicant / purchaser.
  6. The Gem & Jewellery Export Promotion Council (“GJEPC”) has formed a Special Purpose Vehicle (SPV) and its wholly owned subsidiary Section 8 company known as “India Jewellery Park Mumbai” (IJPM) (hereinafter referred to as “IJPM”) on 17 January 2018, limited by guarantee as an SPV. IJPM is formed to promote and maintain, operate, advance, improve, enhance, devise, evaluate, execute, protect, and develop a Jewellery Park.
  7. The EOI is exclusively for industrial units in Block B only.
  8. All payments by the applicant shall be made to the IJPM through demand drafts / cheques / RTGS / NEFT /ECS/payment gateway (available on website) in favour of “INDIA JEWELLERY PARK MUMBAI”. Time for payment is of the essence.
  9. All statutory charges, Goods and Service Tax, other taxes, cess including any enhancement thereof and/or other levies demanded or imposed by the concerned authorities shall be payable by the applicant(s) from the date of booking as per demand raised by the IJPM.
  10. The Expression of Interest is an inquiry only. By responding to this EOI and participating in the process as outlined in this document, party expressly understands and agree that no contract of any sort is implied or formed under or arises from this EOI and that no legal obligations between parties has, or will be, pre-determined. Each Interested Party should conduct its own investigation and analysis and should check the accuracy, adequacy, correctness, reliability and obtain independent advice from appropriate sources prior to submission of its EOI. The Authority will have no obligation to enter into negotiations as a result of this Expression of Interest.
  11. That any dispute, controversy or claim arising out of our in relation to these terms and conditions and / or breach and invalidity thereof, if the same cannot be settled amicably among the parties herein, shall be settled in accordance with the Arbitration and Conciliation Act. 1996 as amended from time to time. The seat and venue of the arbitration shall be Mumbai. The Language of Arbitration shall be English. The arbitration shall be by a sole Arbitrator, who shall be appointed by Gems and Jewellery Export Promotion Council (“GJEPC”). Such Arbitrator as appointed by GJEPC shall be binding on the Parties and neither party shall raise any dispute regarding the same. Both the Parties hereby agree, declare and confirm their mutual agreement in permitting GJEPC in appointing the Arbitrator to resolve any dispute between the Parties.
  12. The Courts at Mumbai shall have jurisdiction in case of any dispute.
  13. The illustrations and pictures are only representational purpose and do not constitute any representation of any nature with regards to the project. No offer is to be made basis the illustration and pictures in the advertisement, brochure, and pamphlets. The expression of interest is an offer from the customer / client basis the information as available in the EOI. Either party can terminate EOI without any cause, breach, eventuality, or circumstance. No equities are created or intended to be created by participating in this EOI. The offer and the deposit herein does not constitute a contract unless the offer is accepted by IJPM by a separate document in writing and intimated the same to the customer / client.