(1) The Chief Officer shall display a notice on the Notice Board of his office, inviting applications for residential accommodation in a building constructed or under construction or proposed to be constructed under any housing scheme before such date as may be specified in the notice.
(2) The notice shall specify such details of the building and tenements therein, the class of persons who may be eligible for allotment, the reservation for the different categories of persons, the preference, if any, to be given to any class of persons in the matter of allotment of tenements, the manner of allotment, the amount of deposit or earnest money or both to be paid, the circumstances in which the amount of deposit or earnest money or any portion thereof may be retained by the Board towards administrative expenses and such other terms and conditions of allotment as may be decided by the Chief Officer.
(3) The notice shall constitute an offer of the tenements to the applicants for acceptance of the conditions specified in the notice.
[(4) Where any Board displays a notice on its notice board under sub-clause (1) of this regulation, the Chief Officer shall forthwith publish a notice in at least two widely read news papers of which at least one shall be in Marathi giving full details relating to the housing scheme for inviting application.]
[8. Receipt of Application. - Application for housing scheme displayed under Regulation 7 shall be received by any designated officer or in any of the nominated Branches of the Bank/Banks to be nominated by the Chief Officer and shall be serially registered in a Register maintained for this purpose.]