Allotment Procedure

• Once eligibility established, depending upon number of project locations in your urban area, layout for townships will be prepared with tentative costing. Details will be notified for taking your option.
  
  
• Drawal of lots among eligible applicants for a particular category of houses in particular locality.
  
  
• With in the location allotment of flat/house will be by drawal of lottery.
  
  
• Date, time and venue of the drawal of lots intimated to all eligible applicants -- days before drawal of lots either individually and through notification.
  

The allotment of the flat is provisional and subject to the following conditions

• The allotment of flat is subject to verification of information and declarations given by you in your application. If any of the information and declarations found to be false and contrary to the norms specified in our notification, this allotment is liable for cancellation without notice duly forfeiting all your rights and the amounts paid by you and the TRSCL is at liberty to allot such flat to the next eligible applicant.
• The allotment is valid only for the original applicant and will not be transferred to any one except to his/her legal heir in the vent of the death of the original applicant, after due verification of the same, at the sole discretion of the corporation.
• The allottee is not entitled to sell the flat till next five years.
• In case of double allotment or if both wife and husband get the allotment, the applicant is required to surrender one allotment to the Corporation and keep the other allotment of his or her choice. In case it comes to the Coporation's notice that an applicant is holding two allotments, one of the allotments of the applicant will be cancelled as per the choice of the Corporation without any notice duly forfeiting the amounts paid by the applicant. No further correspondence is entertained in this regard.
• The allottees are informed that on payment of full tentative cost by all the allottees as stated in the letter, public lottery will be conducted for allotment of the particular flat to the allottee.
• The TRSCL as a facilitator has tied up with Banks for loan facility. Incase you require loan you may approach Bank who has agreed to advance loans at concessional rate of interest without charging the processing fee. There will be a tripartite agreement between the bank, allottee and the TRSCL. The TRSCL will receive the money as per the progress from the Bank directly. This would facilitate expeditious execution and timely completion of the project.
• Registration will be done after completion of the flats and on full payment of the amount by the allottee to the TRSCL. The registration charges will be paid by the allottee and shall be as per the rates decided by the Govt of AP from time to time and it is binding on the applicant.
• The flat/house will be handed over to the allottee after registration as per the terms and conditions of the loan.
• Membership to the club will be charged separately.
• The cost may change in case of abnormal increase / decrease in the cost of raw material.
• TRSCL reserves the right to modify the layout and specifications.