*Terms & Conditions:

1) “Ambika City Knowledge Series” (ACKS) contest is specially designed for any person who is a Channel Partner aged 21 years and above.
2) ACKS contest will be held at Ambika City site office.
3) ACKS Contest will be a Question & Answer contest.
4) Questions will be pertaining to ‘Ambika Knowledge Series’ which are being posted to registered contestants on their whatsapp #.
5) ACKS Contest will be held in the month of October to December 2020. Specific date will be announced by 1st week of October.
6) The winner will be selected on the basis of:
(a) Number of correct Answers from the choice answers to the Question’s based on “Ambika Knowledge Series”.
(b) The time required to complete the Questionnaire.
7) There will be 6 winners as per the Chart below.

No. of Flat Registrations Brokerage %age on Agreement Value Win Contest Benefits over & above Brokerage
0 0 1 lakh
1-2 3.5% 2 lakhs
3-4 4% 3 lakhs
5-6 4.5% 4 lakhs
7-9 5% 5 Lakhs
10 and above 5% 1 BHK* at Ambika City

8) Closing date for entry will be 7 days before the Contest Date.
9) All sales made during the Contest (After Registration for Contests) will qualify for the above commission on Agreement Value.
10) Winners will be announced on the same day of the contest at Ambika City.
11) Brokerages and prize money will be given within 10 days of property registration at Ambika City.
12) Registration of documents is a must for Eligibility of brokerage.
13) C.P’s who make a sale during contest but have not got the Client document Registered will get the Required Brokerage only after Registration of document & they will get the above mentioned % of brokerage as promised during Contest Tenure.
14) There is No entry fee & no purchase necessary to enter the Contest.
15) Only one entry will be accepted per person. Multiple entries from the same person will be considered as disqualified.
16) Channel Partners will have to register themselves with Karnani Builders to be eligible for brokerage payouts.
17) Sales & Registration of Flat done until 2 days before contest date will be considered for winning.
18) The Promoter reserves the right to cancel or amend the contest & the Terms & Conditions without notice in the event of a Catastrophe, War, Civil or Military disturbance, Act of God or any other event outside the Promoter’s control.
19) The Winner agrees to the use of his/her name & image in any publicity material.
20) Entry into the Contest will be deemed as Acceptance to the Terms & Conditions.
21) The Tower, Building and Unit no. of 1BHK flat will be solely decided by the promoter.
22) The Channel partner who wins a 1BHK flat will have to pay the government taxes on the agreement value of that flat.
23) In order to claim the prizes and brokerage the channel partner has to be RERA Registered (Personal name or Company name).