AgrAwAl residency Bajoria Chambers,Gandhi Road, Akola. ALLOTMENT LETTER This is to certify that we have allotted one Flat/Shop No. On Floot to Constructed on Lay out Plot No. 3A, 3B and 3C out of Field Survey No. 10/6 of Mouje Akoli Bk. Tq. Distt. Akola and in the building namely “AGRAWAL RESIDENCY” is now ready for possession & we give possession to him today. For Agrawal Residency Akola Date : URBAN AREA Mouje Akoli Bk. – Zone ………….. Rs………………./- Per Sq. Mtrs. Govt. Valuation Rs. …………………./- Stamp Duty Rs. ….…………./- & Registration Fee Rs. …………../- AGREEMENT FOR SALE FOR CONCIDERATION OF RS. …………………………../- (Rupees ………………………….only) The said Project “AGRAWAL RESIDENCY” is registered under the Maharashtra Real Estate Regulatory Authority and MAH-RERA No. is …………………. This Agreement for Sale (“Agreement”) executed at Akola on this __ day of ______, 2020 Between. VENDOR AGRAWAL RESIDENCY, Akola through its Partners Party No. 1 (PAN NO. ABRFA0410E), 1 Sanjay Omprakash Bojoria Aged about years Occ. Business 2 Gopichand Radhakisan Bajoria Aged about years Occ. Business 3 Ashvin Kailaschandraji Bajoria Aged about years Occ. Business 4 Viplove Gopichand Bajoria Aged about years Occ. Business R/o. Bajoria House Murtizapur Road Akola, Tq. & Dist. Akola (Hereinafter referred to as “PARTY NO. 1 / VENDOR /BUILDER & DEVELOPER “ which expression shall always mean and include their legal heirs, representatives, successors, administrators and assigns.) 1 AND PURCHASER Mr. / Ms. …………………………. Aadhar no. …………………………. PAN …………………………. aged about R/o…………………. (Hereinafter referred to as “PARTY NO. 2 / FLAT/ SHOP PURCHASER” which expression shall always mean and include their legal heirs, representatives, successors, administrators and assigns.) WHEREAS: 1. The Promoter the party no. 1 is the absolute and lawful owner of land situated at Mouje Akoli Bk. Tq. & Dist. Akola detailed specifically described under the first Schedule and Party No. 1 / Vendor, Constructing a Residential cum Commercial, scheme on the said land, by name “AGRAWAL RESIDENCY” in furtherance of scheme the Party No. 1 / Vendor has already commenced the construction of the building on the said property in accordance with the plans, drawings and purposes of the apartments to various prospective flat & shop purchaser on ownership basis. Whereas, Party No, 1 has commenced the construction of the building by sanctioning the map from Municipal Corporation, Akola vide Commencement Certificate No………………….. and Auto DCR Sanction No. …………….dated……………………..and Party No. 1 has also executed the Deed of Declaration dtd……………….At Sr. No…….. as required u/s 2 of Maharashtra Apartment Ownership Act, 1970 in respect of the above mentioned Scheme of Apartment. 2. WHEREAS, the Party No.2 has approached the Party No. 1 for the purchase of one flat/shop in the said building. The Party No. 2 demanded from the Party No. 1 for inspection of all the documents of title relating to the said property. All the maps, plan prepared by the Architect, the Deed of Declaration u/s.2 of the Apartment Ownership Act, etc. The Party No. 1 has given all those aforementioned documents to the Party No. 2 for the inspection thereof. 3. AND WHEREAS the Party No. 2 has agreed to purchase one Flat/Shop No.……. on …………Floor, more specifically described in the Schedule with undivided share of land property. The Party No. 2 has agreed to purchase and the Party No. 1 has agreed to sell the aforementioned Flat for a total consideration of Rs………………………………./- (Rupees ……………………………………only) subject to terms and conditions contained herein. 4. AND WHEREAS, the Party No. 2 is well aware that, the Party No. 1 is entering in the separate independent agreements with various other Flat/ 2 Shop Purchasers in respect of the sale of Flats/Shop in the building similar to this agreement subject however to necessary modifications. 5. AND WHEREAS, the amenities and salient features of the construction to be provided by the Party No. 1 are set-out in Schedule. The Party No. 2 has taken inspection of the site, the plan of the said building before execution of this agreement and further the Party No. 2 admits that, he is fully satisfied with the said plan, drawings, specifications and the construction in progress. 6. AND WHEREAS, the Party No. 2 agreed and undertakes to pay the purchase price of Rs……………………………../- (Rupees ………………………………..only) towards the consideration of the said Flat/Shop in the following manner :- a) At the time this Agreement Party No. 2 paid to Party No. 1 amount of Rs…………………………/- (Rs. ……………………. only) as under :- b) Party No. 2 agreed the to pay the Remaining Amount Rs……….………….. (Rs. ……………………….Only) on or before ……………………… i. e. at the time of Sale Deed. The amount of balance payment as per the given above schedule shall be the essence of the contract. 7. In the event of failure of payment of amount / installment due under above clause by the Party No. 2 to the Party No. 1 on the respective due dates, the Party No. 1 shall be entitled to terminate the agreement and forfeit the amount. However the Party No. 1 shall not exercise his right of termination of agreement & forfeiting the received amount unilaterally. Prior to that he shall serve the Party No. 2 with a registered letter to that effect. If even after receipt of the registered letter, the Party No. 2 does not make the payment within fifteen days from the receipt of notice then the agreement shall stand terminated and the amount forfeited. 8. The Party No. 1 ensures that, the property in question is free from all encumbrances and the Party No. 1 has absolute, clear and marketable title to the said property. The Party No. 1 undertakes to convene to the Party No. 2 and absolute, clear and marketable title at the time of execution of the sale-deed. 9. The fixtures, fitting and the amenities to be provided by the Party No. 1 in the building and the Flats/Shop are more specifically list out in the Schedule II annexed herewith. 10. The Party No. 1 agrees to hand over the possession of the said Flat/Shop to the Party No. 2 on or before ………….Provided that, the Party No. 1 shall be entitled to reasonable extension of time for delivering the Flat/Shop to the Party No. 2 on the aforesaid date if the completion of the building in which the Flat/Shop is situated is delayed on account of : (i) Non availability of cement, still, other building material, water, electricity supply, electric meter, electric motor pump; (ii) Any act of Government of any other natural calamity or any other reason beyond the Control of Party No. 1. 3 11. The Party No. 1 shall give notice in writing to the Party No. 2 of an intimation that the Flat/Shop is ready for use and occupation. The Party No. 2 of an in the said Flat/Shop within thirty days of the notice. 12. Commencing a week after the notice in Writing is given by the Party No. 1 to the Party No. 2 in respect of more the intimation that the Flat/Shop is ready for use and occupation the Party No. 2 shall be liable to bear and pay the proportionate, share of the outgoings in respect of the said land and building viz, local taxes and such other Government taxes, water charges, lighting charges, repairs, salaries of the clerk, bill collector, chaukidar, sweeper, the electric meter charges and other expenses necessary and incidental to the management and maintenance of the said land and building. 13. The Party No. 2 along with all Flat/Shop purchasers shall have common right to use all open spaces, parking spaces, staircase, terraces etc. till the permission of proposed co-operative society or association and after that as soon as the Flat/Shop purchaser shall become the member of the proposed co-operative society or association, he shall be one of the member user of above common amenities. 14. The Party No. 1 shall have right to raise additional structure as may be permitted by the Municipal Corporation, Akola or any other competent authority even after the property is transferred to the Co-operative Housing Society or the Limited Company. The Party No. 1 shall be entitled to use the terrace including the parapet wall for any to were etc. and the Party No. 2 shall not be entitled to raise any objection to the same. 15. So long as each flat in the said building known by the name “AGRAWAL RESIDENCY” is not assessed separately by the changes, the Flat/Shop purchaser shall pay the proportionate share all the charges assessed on the building. The Flat/Shop purchaser shall abide by all the bye-laws, rules and regulations of the Government, Municipal Corporation and any other authorities in that respect. Also at the time of sale-deed Party No. 2 i. e. Flat/Shop purchaser is liable to pay G.S.T. & other related taxes as per rules & regulation. 16. The Party No. 2 covenant to maintain the Flat/Shop with own costs a good tenable repairs and condition from the date of the possession of the said Flat/Shop. The Party No. 2 also covenant not to do or cause to be done in the flat or to the building in which this Flat/Shop is situated such as stair-case or any passage, which may be against the rules, regulations or bye-laws of the concerned local or any addition to the building in which the Flat/Shop is situated that may adversely effect the interest of other Flat/Shop purchasers. The Party No. 2 covenants to maintain the flat in same condition and state in which it was delivered to him/her. In the event of committing any act in contravention of the above provisions the Party No. 2 shall be responsible and liable for the consequences thereof to the concerned local authorities or other Public authorities. 17. The Party No. 2 shall not at any time demolish or cause to be demolished the Flat/Shop or any part thereof or shall not make any alterations maintain the Flat/Shop walls, the drain pipes and the appurtenances 4 thereof in good tenable repairs and conditions, so as to support, shelter and protect the building other than his/her Flat/Shop. 18. The Party No. 2 shall not use the Flat/Shop for any purpose other than the private dwelling house. The Party No. 2 shall not throw dirt, rubbish, rate or other like articles in the compound wall, passage, open spaces, stair- cases or any other portion of the building. 19. All costs, charges and expenses in connection with repairing engrossing, stamping and registering all documents, agreement, sale-deed, required to be executed between the parties shall be borne by the Flat/Shop purchaser, the Party No. 2. 20. The party No. 2 agrees that, after occupation of the flat he shall make arrangement to secure his separate electric meter from the M.S.E.B. office. The expenditure required for the same shall be born / incurred by the Party No. 2 himself. In securing the electric meter, the Party No. 1 agrees to co-operate and help the party No. 2. 21. All the notice required to be served on the Flat/Shop purchaser under this agreement shall be deemed to have been served if sent to the Flat/Shop purchaser by registered post with A. D. or under the Certificate of Posting at above mentioned address. SHEDULE – I DISCRIPTION OF FLAT PROPERTY All that piece and parcel of land measuring 4,179.00 Sq. Mtr. (13710.63 Sq. ft) out of Field Survey No. 10/6 bearing Layout Plot No. 3A, 3B & 3C of Mouje Akoli Bk. Tq. Distt. Akola. Within the limits of Municipal Corporation, Akola which is sanctioned non-agricultural by S.D.O. Akola in Case No. NAA-48/Akoli Bk./187/13/14, Case No. NAA- 48/Akoli Bk./191/13/14 and Case No. NAA-48/Akoli Bk./192/13/14. Dated 4 Feb. 2014 bounded as under : On the East - Layout Plot No. 9 On the West - 9 Mtr. Layout Road On the North - 18 Mtr. Layout Road On the South - 9 Mtr. Layout Road SHEDULE – II DISCRIPTION OF FLAT/SHOP PROPERTY Flat No. …………. On ………………. Floor, Carpet Area admeasuring …………………. Sq. Mtrs., and Super-Builup Area ……………. Sq. Mtrs. alongwith ……………………. Undivided Share in land consisting …………….. Bedroom. One Hall, One kitchen Rood and W.C. Bath, in the building known as “AGRAWAL RESIDENCY” and said Flat/Shop is bounded as under. :- 5 On the East - On the West - On the North - On the South - This agreement shall always be subject to the provisions of Maharashtra Apartment Ownership Act, 1970 and the rules made thereunder. This Agreement is executed at Akola on day, date, month mentioned above and signed in presence witness. WITNESS : SIGNATURES Party No. 1/ vendor 1. ………………………. Agrawal Recidency 2. ………………………. 1 Sanjay Omprakash Bojoria 2 Gopichand Radhakisan Bajoria 3 Ashvin Kailaschandraji Bajoria 4 Viplove Gopichand Bajoria Party No. 2 / Flat/Shop Purchaser …………………….. 6