Terms & Conditions

2.1 Rental Agreement

• Golden Yug offers rental-only accommodations
• Rental period: Flexible terms as per individual agreement
• One-time refundable deposit: ₹40 Lacs
• Monthly rent: ₹82,000 plus GST

2.2 Eligibility

• Primary residents must be senior citizens aged 60 and above
• Couples may apply jointly
• Health assessment required prior to admission

2.3 Accommodation

• Non-transferable rental rights
• Cannot be sublet or passed to family members
• Apartments cannot be sold or transferred

3.1 Payment

• Monthly rent is due on the 1st of each month
• Deposit refundable within 60 days of vacating premises
• Late payment fees may apply
• Rent is subject to annual review and adjustment

3.2 Additional Charges

• Utilities included in monthly rent
• Additional services may incur extra charges
• Transparent billing is provided monthly

4.1 Resident Responsibilities

• Maintain respectful conduct
• Participate in community activities (optional)
• Follow community safety protocols
• Respect other residents’ privacy and well-being

4.2 Community Amenities

• Access to shared facilities included in rental
• Usage subject to community guidelines
• Reservation system for certain amenities

5.1 Medical Services

• 24/7 medical facilities available
• Residents must provide a complete medical history
• Emergency response system integrated
• Regular health check-ups offered

5.2 Personal Care

• Assistance available based on individual needs
• Customizable care packages
• Periodic health and wellness assessments

6.1 Digital Services

• Wi-Fi access provided
• Digital communication platforms available
• Technology assistance for residents

6.2 Privacy

• Personal information protected
• Consent is required for any data-sharing
• Digital communication channels secured

7.1 Resident-Initiated Termination

• 30 days’ notice required
• Deposit refund process initiated post-notice
• Prorated rent calculation

7.2 Community-Initiated Termination

• Grounds may include:
  • Violation of community guidelines
  • Non-payment of dues
  • Medical conditions beyond care capacity
• Fair process with prior communication

8.1 Personal Insurance

• Residents encouraged to maintain personal health insurance
• Golden Yug not liable for pre-existing conditions

8.2 Community Insurance

• Comprehensive community insurance
• Coverage for common area incidents
• Limited liability as per terms

9.1 Internal Resolution

• Dedicated grievance redressal mechanism
• Mediation before escalation
• Ombudsman for fair hearing

9.2 Legal Jurisdiction

• Disputes subject to Indore jurisdiction
• Arbitration as preferred method

• Terms subject to periodic review
• Residents will be notified of significant changes
• Continued residency implies acceptance of updated terms