Hyperion Builders & Momen Real Estates consortium is the exclusive Developer and Builder for Planning. Implementing and Allotment of all facilities of SEA PEARL, a modern and luxurious apartment complex consisting of self contained apartments, reserved car parking, other features etc. described in detailed in this brochure on SEA PEARL

Application for allotment of apartment should be made on the prescribed application from duly signed by the applicant along with the earnest money. Hyperion Builders & Momen Real Estates consortium has the right to accept or reject any application without assigning any reason there to.

On acceptance of an application, Hyperion Builders & Momen Real Estates consortium will issue an allotment letter with specific terms & conditions. The applicant / allottee shall then start making payments as per the schedule of payment. Allotment of apartments is made on first come first served basis.

All payments of earnest money, installments, and other additional works and other charges shall be made by Cheque, Bank draft or pay order in favor of Hyperion Builders & Momen Real Estates consortium for which respective receipts will be issued.

Payments of installments. Car park costs and all other charges are to be made on due dates. Hyperion Builders & Momen Real Estates consortium may issue reminders to the allottee but, notwithstanding the issue of reminders, the allottee must adhere to the schedule of payments to ensure timely completion of construction.

Delay in payments beyond the due date will make to allottee liable to pay a delay charge of 3% per month of the account of payment delayed. If the payments is delayed beyond three month. Hyperion Builders & Momen Real Estates consortium shall have the right to cancel the allotment. In such an event the amount paid by the allottee will be refunded after deducting Tk. 50,000/ ( Fifty thousand only)

Hyperion Builders & Momen Real Estates consortium and the allottee will be required to execute an agreement for safeguarding the interest of the allottee as well as.

Connection fees / Charges, society deposits & other incidental expenses relating to gas, water, sewerage and electric connections are not included in this price of apartments, these payments will be made by Hyperion Builders & Momen Real Estates consortium directly to the authorities concerned, on the allottees accounts. The allottee will be billed proportionately on actual costs basis.

Limited changes in the specifications/design/layout of the apartments and other facilities may be made by Hyperion Builders & Momen Real Estates consortium in larger overall interest or due to unavoidable reasons. Limited changes in layout facilities may also be done as per allottees choice on his (allottee) account. For this prior notice of sixty days is a must.

The possession of each apartment shall be duly handed over to the allottee on completion and on full payment of installments and other charges and dues till then the possession will rest with Hyperion Builders & Momen Real Estates consortium.

The Allottee will pay stamp duties, registration fee, documentation charges and any other taxes & miscellaneous expenses likely to be incurred in connection with the allotment, registration, transfer etc. only the actual sums will be charged.

After taking over of apartment of the project, the allottee(s) must consult Hyperion Builders & Momen Real Estates consortium prior to undertaking any structural or layout changes within the apartment complex. Failure to do so will be at the sole risk of the allottee(s)

The Schedule of Implementation has been methodically prepared to ensure both high quality and smooth progress of work. Construction is scheduled to be completed within 18 month from the date of commencement of work.

The completion period of the construction of the project can be affected by unavoidable circumstances beyond the control of the company, like force majeure, natural calamities, political disturbance, strikes and changes in the fiscal policy of the state etc.

For the management of common facilities like the supply of electricity, water and sewerage and the maintenance of the building etc. Owner's Association will be formed. All allottees, after full payment of instalments and dues must become members of this Association for the common interest. Each allottee (for each allotment of apartment) must initially deposit TK.25,000 (Taka twenty five thousand) only in the Reserve Fund for the management expenses of the complex.
 

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