I B B D -;=: iocrr l OO-l ool oo 1 00 1 001 001 00 oo1 00 1 001 oo 1 001 00 1 1 I 1 1 o 2023 0 91AA 115516 sffirrqx 6rnffq6* $rf(t Fq[ffifls ,#f$, qftgrffi!fr.+trvu{ ?fi fu1AR ?02 4t q. t. L, 14 -+' fr r 79 n 11 t4 ':', \-_.-, . ;' 3l .*% t,lfut ur ,**- "' --.-:.-. ,o ,.i1 ,.,1;p ry q' ?qJ *** r,r*$pi{ S6,r}q1q*r- E H H MEMORANDUM OF UNDERSTANDING This Binding Memorandum of Understanding (hereinafter "MOU" or "Memorandum") is , dated Wednesday, 21st Day of February 2024 @\la *r kB^" 4. *sq 'h st.tueelu BETWEEN Shri. Yogesh Desai (Aadhar Card No. 2751 52OZ 81,42) residing at S No Z6O/hO, Manik Nagar, - Near L. l. c. office, Nandurbar 42541,2, who is owner of plot No. 63, 64, 65, 66, 67,6g, 69, 70,7L,72and 73 at S No273/1, Yogi Nagar; Bypass Road NH 7538, Behind Chhatrapati Multi- Specialty Hospital, Nandurbar - 4ZS4LZ. {hereinafter referred to as "First (1't) Party" or "Party No. 1" which expression shall mean and include its legal heirs, administrators and permitted assigns), AND Mrs. Alkaben Yogesh Desai (Aadhar Card No. 8805 1097 4803) residing at S No 260/1,0, Manik - Naga4 Near L. l. C. Office, Nandurbar 425412, who is owner of Plot No. 27, Zg, Zg and 30 at S No 273/1, Yogi Nagar, Bypass Road NH 7538, Behind Chhatrapati Multi-Specialty Hospital, Nandurbar - 4254t2. (hereinafter referred to as "second (2nd) Party" or "Party No. 2" which expression shall mean and include its legal heirs, administrators and permitted assigns), (referred to herein as "Parties" or individually as ,,party,,) WHEREAS A. The legal relationship between 1-st Party and 2nd Party is of Husband-Wife. Both parties are carrying out business separately in their own proprietorship concern respectively. B. The Plot Nos.27,28,29,30,63, 64,65,66,67,68,69, 7a,7!,T2andT3areadjacent to each other. 1-st Party and 2nd Party have made an application to merge above 15 plots and grant Permission to construct 5 buildings before Nandurbar Municipal Council on above 15 plots. Nandurbar Municipal Council have given permission to Lst Party and 2nd Party jointly to merge above 15 plots and build 5 buildings in its building permission letter dated 23 October 2023. C. Thereafter, an application is made before Maharashtra RERA authorities for the registration of these 5 buildings under the Project Name as Ashtavinayak Residency; Promoter Name as Name of L't Party; and Land Owner Name as Name of 2nd party. D. This MoU sets out initial Relationship between the parties as well as respective rights and responsibilities of each party. E. Each Party respectively is expected to act in good faith in accordance with this MOU and will use their best endeavors to achieve this Purpose and to give effect to this MOU. F' Each Party agrees to cooperate in the spirit of mutual understanding and good will in order to develop the parties relationship with one another and in order to pursue the Purpose. Now THEREFORE IN coNstDERATloN oF mutual covenants set fo rth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto covenant and agree as follows: M & v }P^P^ -'\ b, J .\t (u PURPOSE