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Terms & Conditions

Booking Form

  1. These are the binding Terms and Conditions in relation to the booking of the plot/villa/apartment/commercial plots and buildings (“Property”) in the ‘ARY Laguna DHA Gujranwala’ project (“Project”) made by the Customer with ARY Laguna Gujranwala (Pvt.) Ltd. (“Developer”). The booking of the Property is subject to approval by the Developer.
  2. The Customer agrees to provide true, complete and relevant information while applying for the booking. The Developer reserves the right to reject the Booking Form in the event it transpires that the Customer had provided any false information within or incidental to the Booking Form.
  3. All columns and entries (except those specified for official use by the Developer) must be completely filled in by the Customer in the ‘Customer Information Form’. Applications for booking with incomplete information will not be processed.
  4. One Booking Form can only be used for booking of one Property.
  5. The Booking File relating to a Property in the Project will be offered upon completion of booking process.
  6. Successful applicants will have to apply for membership with DHA as per procedure in vogue.
  7. Actual area may vary from stated area as mentioned in the Booking Form. The Developer reserves the right to make changes in the Layout of the Property, in its discretion, without any liability whatsoever.
  8. The Developer reserves the right to make adjustments/changes to the location, type, category, floor and any other aspects of the Property/Project, if the need so arises.
  9. Due to escalation of prices and/or any other essential reasons, additional development/construction charges may be imposed on the Customer, if deemed necessary by the Developer.
  10. Customer unconditionally and irrevocably agrees to purchase the Property from the Developer at the Purchase Price and in accordance with the issued ‘Schedule of Installment Payments’ and these Terms and Conditions.
  11. The Customer agrees, during the booking process, to submit the Down Payment via Pay Order/Cheque/Credit Card/Online Transfer in the designated account(s) specified by the Developer.
  12. All Payments are to be made as per the ‘Schedule of Installment Payments’ in favor of “ARY Laguna Gujranwala (Pvt.) Ltd.” through designated modes (via Pay Order/Cheque/Credit Card/Online Transfer) or at designated bank branches. If the payment(s) is made by credit card, applicable bank processing charges will be borne by the Customer.
  13. In case of partial Down Payment, the Customer will have seven (7) days to submit the remaining amount. In the event that the prescribed time has lapsed, the Developer reserves the right to cancel the pre-booking.
  14. If the amount of Down Payment is paid by Cheque/Credit Card/Online Transfer and such Cheque/Credit Card/Online Transfer is not settled by the bank or the Customer in a timely manner, or if the Down Payment has not been received by the Developer in full, the Developer shall be entitled to terminate the offer to purchase/pre-booking without the need for any notice and, in such case, any amounts received by the Developer thus far pursuant to the Booking Form shall be forfeited by the Developer. Such termination shall be without prejudice to the Developer’s right to recover the amount in full and/or Pay Order/Cheque/Credit Card/Online Transfer value from the Customer or any additional amount(s) as compensation for consequential loss. The Developer may also, in its sole discretion, allow the Customer to substitute the returned Pay Order/Cheque/Credit Card/Online Transfer by another form of payment acceptable to the Developer or extend the time period for the full payment of the Down Payment.
  15. The Customer will be subject to pay 10% additional charges of the Total Purchase Price for each successfully balloted Property on special category, such as Corner, West open, Boulevard view, and Park facing.
  16. Time is of the essence for the Customer’s obligations under the Booking Form to pay installment payments on due dates as per the ‘Schedule of Installment Payments’. Without prejudice to any other rights or remedies available to the Developer, if the Customer fails to pay any installment relating to the booked the Property on its due date as per the ‘Schedule of Installment Payments’ and/or upon a written demand of the Developer, the Customer shall be obliged to pay a late payment charge at the rate of 1.5% per month (0.05% per day) on all outstanding payments for each day that any such payments are in late.
  17. In the event the Customer fails to pay a maximum of two (2) consecutive installments as per the ‘Schedule of Installment Payments’, the Developer may, in its sole discretion, grant additional time of not more than thirty (30) days to the Customer to pay the outstanding amount of installments subject to late payment charge. However, if the default persists despite the lapse of the said time period, then the Developer will have the right to cancel the booking of the Customer after forfeiting the amount of the Down Payment and also deducting 25% of the installment payments paid by the Customer thus far.
  18. A Property once booked can be transferred but cannot be surrendered or applied for cancellation by the Customer. Transfer by the Customer to a third party of his / her Property shall be allowed only after receipt of any applicable transfer charges by the Developer.
  19. In case of transfer by the Customer to a third party of his / her Property, the original Customer will be liable to clear all committed dues, accrued as at the date of such transfer, with the Developer before such transfer.
  20. All payments made by the Customer pursuant to the Booking Form shall be made in Pakistan Rupees (PKR). In the event any payment is made in any other currency, the credit to the Customer account will be given based on the amount realized in PKR by the Developer. Accordingly, any shortfall/surplus due to exchange rate differences shall be recovered/adjusted towards the next installment payment.
  21. In case the Developer decides not to proceed with the development of a particular Property or block in a phase of the Project during a period of one hundred and twenty (120) days from the date of signing the Booking Form, the Developer shall be entitled not to proceed with the booking of the Property of the Customer and to terminate the Booking Form without the need to disclose the reason for termination and without any liability whatsoever. In case of such termination, and subject to the receipt of the Down Payment in full, the Developer shall (in the respect) refund the Down Payment to the Customer without any interest and without other compensation of any kind.
  22. The Customer agrees and accepts the foregoing provisions and that, except in case of termination by the Developer in accordance with Clause 21 above, the Down Payment (or any paid portion thereof) is not refundable to the Customer in any circumstances.
  23. It is understood and agreed by the Customer that the completion/handover date as per issued payment schedule represents the date by which it is presently expected that the phase of the Project will be completed and be ready for handover to the Customer. However, the Developer reserves the right to extend the completion/handover date by giving a reasonable notice to the Customer prior to completion/handover date. In addition, the completion/handover date may also be extended due to an Event of Force Majeure as provided in Clause 25 and on account of any default in payment by the Customer. In the event of any extension of the completion/handover date, the Developer shall not be liable for any claims, damages, or compensation. Furthermore, the Customer shall not be entitled to cancel the booking or claim any refund on account of any delay in completion/handover.
  24. “Event of Force Majeure” means an act of God including but not limited to fire, flood, earthquake, windstorm, epidemic, pandemic or other natural disaster; act of any sovereign authority including but not limited to war, invasion, act of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, nationalization, requisition, destruction or damage to property by or under the order of any government or public or local authority, courts or other competent authority or imposition of government sanction embargo or similar action, or economic turmoil that effect industrial outlook, or non-availability of steel or cement or other building material or water supply or electric power or slow down due to a dispute with the relevant agencies employed by the Developer; labor dispute including but not limited to strike, lockout or boycott; interruption or failure of utility service including but not limited to electric power, gas, water or telephone service; failure of the transportation of any personnel, equipment, machinery or material required by the Developer for completion of the Project; breach of contract by any essential contractor or subcontractor, or fluctuations in costs of materials or unavailability at reasonable prices or any other matter or cause beyond the control of the Developer that prevents it from completing or performing its obligations under the applicable terms and conditions of relevant contract(s). In case of an Event of Force Majeure, the Developer shall be excused from performance for so long as such Event of Force Majeure exists and its effects continue. The Developer shall not be liable to the Customer for any loss, damages, or delay due to any such Event of the Force Majeure, and the time for performance shall be extended in accordance with Clause 25 below.
  25. Should an Event of Force Majeure occur that will delay the completion/hand over date, the Developer shall promptly notify the Customers of the event and give the Customer revised completion/hand over date or an estimate of the duration of the delay, followed by a revised completion/hand over date as and when the same can be determined. However, the Developer shall not be bound by any predetermined duration of delay as the extent and impact of an Event of Force Majeure may be unpredictable.
  26. The Developer will make every effort to obtain permanent electricity and water connections and meters at or prior to the completion/handover date subject to the Customer having fulfilled all of their obligations hereunder. However, the Developer accepts no responsibility if the connection or supply of any of the above-mentioned services is delayed and, accordingly, shall have no liability to the Customer for such delay even beyond the completion/handover date. The Customer shall pay forthwith on first demand made by the Developer all costs and charges for obtaining electricity and water connections, meters and related infrastructure. Such costs shall be determined by the Developer and payable by the Customers, with the Developer reserving the right to revise these costs in the event of fluctuations in market rates or additional charges levied by the authorities.
  27. All the communications sent by the Developer to the Customer at the address given/registered at the time of submission of Customer Information Form shall be deemed to have been received by the Customer either by mail or e-mail. The Developer shall continue to correspond if and when required with the Customers at the address mentioned in the Customer Information Form unless the change of the address is given in writing or by e-mail and such changed address is acknowledged by the Developer. Any such communication returned to the Developer for whatever reason is deemed received by the Customer and the Customer agrees to abide by the content of such communication. It is the sole responsibility of the Customers to provide updated contact information to the Developer.
  28. Voucher adjustments in the payment schedule are non-refundable.
  29. The Customer hereby represents and warrants, at the Customer’s sole responsibility, having complied with all laws, rules, regulations, exchange control requirements, and requirements in all relevant jurisdictions and obtained all licenses, consents or permissions that are required to enter into and perform his/its obligations under the Booking Form and/or under any document executed or to be executed pursuant to the Booking Form.
  30. The Developer may, at any time during the booking process or otherwise, require certain information from the Customer (depending on whether the Customer is an individual, company or trust) in order to identify and verify the identity of the Customer or the beneficial owner of the Property (if the Customer is acting on behalf of the beneficial owner).
  31. In case the Customer is a Politically Exposed Person (PEP) or a family member or close associate of a PEP under the AML/CFT legislations, he/she/it may be required to provide a signed declaration to that effect as part of the ‘Customer Information Form’.
  32. The Customer may be required to declare, as part of the ‘Customer Information Form’, that it/he/she or its/his/her beneficial owner is not designated/proscribed by the Statutory Regulatory Orders (SROs)/notifications issued by the Ministry of Foreign Affairs, National Counter Terrorism Authority and Ministry of Interior of Pakistan.
  33. The Customer hereby represents and warrants, at the Customer’s sole responsibility, that all payments of any kind made under or pursuant to the Booking Form are paid by funds of legitimate source and that the same are not the proceeds of any money laundering, crime or illegal activity.
  34. If required, the Customer may be required to provide certain information relating to his/her/its source of wealth or source of funds.
  35. The Customer agrees that, in case of any dispute between the Developer and the Customer, the dispute will be referred to the Management Committee of the Developer whose decision will be final and binding on the Customer.
  36. All amounts to be paid to the Developer pursuant to the Booking Form are exclusive of all applicable taxes, levies or duties imposed by tax authorities in Pakistan. The Customer shall pay to the Developer the applicable levies or duties imposed by such tax authorities without delay. Subject to applicable laws and regulations, in the event any amount due to the Developer pursuant to the Booking Form is made in installments or through deferred payments, the Developer shall issue a tax invoice to the Customer in respect of the due tax upon the encashment by the Developer of the relevant installment or the deferred payment (as applicable). After NOC from the Developer, the Customer will be subject to the relevant membership, lease registration, and will be subject to any charges levied by
  37. The Developer, in its sole discretion, reserves the right to change or amend these Terms and Conditions hereof without notifying the Customer(s), which shall be notified on www.arylaguna.com.

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