Terms and Conditions
The Applicant shall be responsible to comply with all the statutory compliance as required from time to time under the applicable laws prevailing in India including the laws applicable to NIRs/PIOs and the Company shall not be liable for the same in any manner whatsoever.
The online payment of herein is subject to the rules and regulations of Reserve Bank of India (RBI) as well as the rules and regulations framed of the VISA/MasterCard/ American Express Card or any other card organisation applicable and prevailing from time to time.
Only the Indian Residents/Non-Resident Indians (NRls)/Persons of Indian (PIOs) who are competent to enter into contract under the Indian Contract Act, 1881 shall be eligible to apply.
The said payment is subject to the risks involved in any Electronic Payment Transactions including due to any technical failure in the payment gateways operations and the Company shall not be liable/responsible for any failure of any payment transactions or for any amounts debited from the applicant account but not credited to the account of the Company due to any technical error in settlement or otherwise and the applicant shall not have any claims against the company for such transaction.
Wherever possible, the company will inform the applicant about such failed transaction and refund, if any, due to the applicant shall be processed via payment gateway.
The said payment is merely towards expressing an interest in a particular unit and by virtue of said payment no right, title, interest or claim of any nature is created in such unit.
The applicant shall be required to submit the detailed Application Form (Application Form) and allotment, if any, shall be done subject to the Applicant making payment of consideration value and other charges in accordance with the Application Form and complying with the terms and conditions contained therein. The Application Form can be viewed on nmsgroup.in The company will intimate the applicant about the details of the Units in accordance with the unit type selected by the Applicant within a period of 3 working days from the date of the said payment and thereafter the application shall submit the Application Form duly filled in with the payment due as per the Application Form within a period of 7 days.
Upon said payment being credited to the account of the company, an e-receipt number will be generated and emailed to the applicant, which shall be mandatorily be required for processing further the application of the applicant.
The applicants are required to print or save the receipt for his transaction/records and submit the same to the company as may be requested to do so. The said payment is non-refundable.
Upon the applicant submitting the duly filled-in Application Form to the company as above, the said payment shall be adjusted against the consideration value payable towards the Unit as per the Application Form.
The consideration value and the other charges are payable as per the Payment Schedule mentioned in the Application Form. In case it is learnt that the Applicant has misrepresented any fact or information such applications will be summarily terminated and said payment shall stand forfeited.