MIIE E l[[][NlI[! Tr{ft Original/Duplicate Thursday,February 22,2018 Itf .B?ls -., "-..--.,--- - I */":,t of plot no.,18 (i.e.,Ground + 6 Upper Floors) in ac0Jrdance with the plan and specifications appended hereto as 'ANNEXURE-A' and to give, grant and convey the same to the owner in duly finished and completed condition within a period of 24 (TWENTY FouR) Months from the date of commencement of work. The cost of construction of the Apartments chosen to be retained by the owners is fixed at Rs. 10,10,000/- (Rupees Ten Lacs Ten Thousand) Only and the same is not subject to any increase inspite of rise in prices of various building materials over the basic rates. , (G) THAT besides the aforesaid 2 (Two) Apartments, the Developer has further specifically agreed to construct at its own costs a Multi storied Building on the aforesaid part of Nazul Plot No. 18 (EIGHTEEN) adjacent to layout plot no.3 consisting of 7 (SEVEN) Apdrtments therein (i.e. Ground + 4 upper Floors), out of which Ftat No. 1 & 2 from 1$ floor having built-up area of 38.597 sq. Mt. each, Flat No. 3 & 4 from 2d hoor having built-up area of 38.s97 sq. Mt. each, Flat No. 5 & 6 from 3d floor having built-up area of 38.597 sq. Mt. each & Flat No. 7 from 4h floor having built-up area 97.96 sq. Mt., in accordance with the Plan and Specificatioris appended hereto as ,,ANNEXURE-A" and to give, grant and convey the same to the owner and the consentor joinfly in duly finished and completed condition within a period of 24 (TWENTY FouR) Months from the date of commencement of work. The cost of construction of the Apartments is fixed at Rs. 10,10,000/- (Rupees Ten Lacs Ten Thousand) only and the same is not subject to any increase inspite of rise in prices of various building materials over the basic rates. Thus the total cost of the said 9 (Nine) Apartments is fixed at Rs. 90,90,g2sl- (Rupees Ninety Lakh Ninety Thousand Eight Hundred rwenty Five) only and the same shall be adjusted by the Developer towards land cost to be paid by it to the owner abovenamed. However the Owner and the Consentor hereby undertakes to pay the difference for the extra/additional facilities and specifications which are not covered under the Annexure-A ... -.-1.-.._ appendedheretototheDeveloperwell beforetakingovertheactual physical possession th" t'i6 Apartments and shall always indemnifv the Developer against such payments. (#-IGq$,.,lf t ffij *THAT the owner/consentor hereby allow and permit the Developer to the Project Finance for the aforesaid proposed scheme/project from any ,rft-:{.rflnancial lnstitution and mortgaged the said layout Plot No. 3 (Three) out"of nazul ploi t'"St11lr!4$/ no.18 or any part thereof to it by way of security for the repayment of loan; if desired. However the responsibility of repayment of the said loan Togethdrwith an interest accrued thereon shall be the Developer alone and the Owner/Consentor at any cost shall not be responsible for the aforesaid loan amount. ia I *THAT, it is specifically agreed and understood by the Developer that it has not acquired any right, title and/or interest of any kind whatsoever in respect of part of nazul Plot No. 18 (Eighteen) adjacent to layout plot no. 3 and the Ownersfrip of the said plot of land shall always belongs to the owner and the consentor ebovenamed joinfly, *THAT it is specificatly agreed ,no ,ft"i"tood by the Developer that it shall execute the Deed of Apartments in favour of the Owner/Consentor in respect of their respective Apartments for their respective use. However the expenses required for Registration of such Apartment Deeds such as stamp Duty, Registration Fees, Misc. fi-if-Uf-? i}gl;;t rle Expenses, Lawyer's Fees have been agreed,,1o paro Dy me Owner/Consentor for their respective Apartment. .THAT it is specifically agreed and understood by and between the parties hereto that, out of the said layout plot No. 3 (Three) out of nazul plot no.1g from N.S. No. 19 an area towards southern side east-west division i.e. 10 Ft. x 111.23 Ft. i.e. 1112.3s sq. Ft. will be kept open to sky for the use of ingress and egress of both parties & speciaily for Plot No. 18 (Eighteen) which is in joint ownership of owner and her son shaunak A. Ambardekar, the Consentor abovenamed. *During the period of development on prot no. 3 & 1g and in future the Deveroper has every right to use water from well situated on plot no. 1g which is in joint name of vendor and her son Shaunak A. Amberdekar and both will transfer the right to use the water from well for permanent nature to Developer and intending purchasers from residential apartment owners after its development and sale/transfer \9 each property in their names and for which owner and the consenter accorded their consent. (3) THAT the owner hereby assures the Deveroper that she shail obtain all the necessary Permissions/No Oblection Certificates/Docurnents/papers required for the proposed transaction of Development and sale from various Government and semi_ Government Departments and offices exclusively from and out of her own costs and expenses and shall deliver the.same in Original to the Developer immediately on its receipt. i' (4) THAi the owner further assures the Developer that the property hereby agreed to be developed/sord is the separate property beronging to her arone having acquired the same by her from her mother by a Gift Deed Dated o3lo1t2o15 and that none except her has acquired any manner of right, title and/or interest of any kind whatsoever in respect of the same. (5) THAT the developmenusale wiil be free from encumbrances of ail kinds whatsoever and arso free from payment of Nazur Ground Rent, corporation Taxes, and all other outgoings etc. if any revied on the property hereby agreed to be and payable by the owner only up{o the date of execution of this THAT the owner shail answer ail the reasonabre requisitions on the tifle to be by the Developer and shafl estabrish good, varid and marketabre tifle to the hereby agreed to be developed/sold. (7) THAT the property hereby agreed to be developed/sold is believed and shall be taken to be conectly described in the Schedule hereunder written and in the event if any mis-statement, error or omission shall be discovered, the same shall not annul this contracuAgreement but all the same such mis-statement, error or omission wi[ always be.subject to correction by the parties hereto. (8) THAT on receipt of possession of the 9 (N|NE) Apartments from the Developer as stated above, the owner shafi deliver the actuar physicar possession of the property a -. sr-it-ET-? -r comprising layout Prot No. 3 (Three) out of'nazur prot no.1g hereby agreed to be developed/sold to the Developer or its nominee(s) at the time of Registration of the Sale Deed(s). Till then the factual and legal possession shall always be with the owner. (9) THAT it is clearly understood and agreed by the owner that pending Registration of the sale Deed(s) in respect of layout plot No. 3 (Three) out of nazul plot no.1g the Developer intends to deverop the said property into a CoMMERLOAURESTDENTTAL ESTATE by constructing a Multistoried Building thereon consisting of various Shops/ Chambers/ Business Premises and self contained separate Apartments therein. The owner/ consenter does hereby agree to sign the proposed/revised plans; execute lndemnity Bond(s), swear an Affidavit and also to sign necessary forms and applications etc. required to be submitted to such plans. They also agree to extend all the necessary co-operation and render all assistance to the Developer in the matter of securing sanction to the proposed/revised prans, provided the Deveroper pays/deposits necessary sums in the office of the Amravati Municipal corporation, Amravati in the name of the owner who in her turn agrees to retum back to the Developer such sums as riray be refunded to her by such Local Authorities/Amravati Municipar corporation, Amravati. (10) THAT it is clearly understood and agreed by the Owner that she shau deliver a vacant and peaceful possession of the aforesaid property bearing layout plot No. 3 (Three) out of nazul plot no.1g to the Developer or its nominee(s) at the time of Registration of the Sale Deed(s). (11) THAT the Owner shall in no way obstruct or interfere in the building construction activities as may be undertaken by the Developer after getting the plans sanctioned from the Amravati Municipal corporation, Amravati after the entire realization is done. (12) THAT the owner does hereby allow and permit the Developer to display its board at site i.e. on layout Plot No. 3 (Three) out of nazul plot no.1g at any time after execution Agreement. €o THAT the Developer shall have full liberty to advertise for the sale of the a built-up spaces (i.e. Apartments) (Excluding the Apartments chosen to be by the owner as mentioned above) proposed to be constructed on the tayout taY3=#.ryined -.:t.+f-T:'Plot No. 3 (Three) out of nazul plot no.18 Together with the Undivided proportionate share and interest in the said plot No. 3 (Three) to the intending buyers and theylihall also have absolute right, power and authority to receive all moneys from;such buyers being the agreed sale price therefor and to retain and appropriate the same in ^their absolute discretion. The owner shall not be entifled to share any part of the,same, nor . ( shall it question the accountability thereof in any manner whatsoever. ,i (14) THAT the Developer shall be entitled to call for any objections from the persons concerned or claiming to be concerned in the said property by issuing a public Notice in the News Papers or by any other manner as the Deveroper may deem fit and on receiving any such objections the Developer shall be entitled to call upon the Owner to give her replies, explanations with reference to the same duly supported by documentary proof, as far as possible and in the event of there appearing to be any dispute, burden, er-t?-E=" -?r: SE charge, encumbrance, claim, demand etc. the ovtner agrees *itn tnEiliiper and/or the prospective buyers to getthe same freed and discharged from ail such burdens. (15) THAT the owner does hereby allow ano permit the Developer to commence, carry on and complete the construction of the proposed Multistoried building upon the said layout Prot No. 3 (Three) out of nazur prot no.1g hereby agreed to be deveroped/sord and it shall have absolute right and full authority and power to develop the said plot of land in accordance with the prans as may be sanctioned by the Amravati Municipar corporation, Ampvati and arso have absorute authority, power and right to retain and deal with and' transfer by way of sare the various buirt-up spaces (Excruding the Apartments chosen to be retained by them as mentioned above) in the proposed Building along with the Undivided proportionate share and interest in the said plot No. 3 (Three) to the prospective buyers for such price as they may fix or agree upon in its absorute discretion. (16) THAT the owner shail on receipt of the possession of the chosen Apartments from the Deveroper as stated above execute various sare Deeds each rerating to the Undivided proportionate share and interest in the said layout plot No. 3 (Three) in favour of the respective individuar prospective buyers as may be nominated by ttie Deveroper, as and when may be caled upon by it, for the proportionate price therefor and she/they shall also get the same duly registered in accordance with the law in force. (17) THAT the draft sare Deed(s) or any other documents necessary to comprete the hansfer of the property hereby agreed to be deveroped/sold shail be got prepared by the Developer at its own costs and the owner agrees to execute the same subject to such actual changes as the facts and events may wanant. (18) THAT the owner shall sign and execute a Deed of Declaration uncter section 2 of the Maharashtra Apartment ownership Act, 1970 and arso various Apartment Deeds in favour of each such prospective individuar buyer(s) as may be nominated by the Developer, provided however that the entire cost of stamp Duty and Registration Fees etc' payabre thereon is borne and paid by the Deveroper/prospective Buyers. (19) THAT the owner shail execute an rrrevocabre Generar power of Attorney various Agreements to Sell, Sale Deeds, Deed of Declaration, various 6* Deeds, Correction Deeds, Supplementary Agreement and all other kinds of on their beharf and arso to carry out and observe a, the obrigations on their ;($ herein contained or othenvise required by raw and to do ail things necessary to \?S ,bmplete the transfer of the property hereby agreed to be deveroped/sold and this power will not be withdrawn or revoked by the owner until the transactions envisaged herein is completed in all respects. However the owner shall not incur any monetary responsibility , arising out of the nomination of the Attorney. (20) THAT in case the owner fails or neglects to fulfill and observe.all or any of the obligations on her part as hereinabove contained or otherwise required by law and also to execute various Agreements to se[, sare Deeds, Deed of Decraration and vari6us Apartment Deeds etc, stipuratid above, the Deveroper sha[ be entifled .as to enforce t- - -r L I ffi .;'. : specific by instituting legal proceedings against the Owner and in such event the Owner shall be liable to reimburse all costs and damages to the Developer and the Developer shall also have the choice of depositing the balance sale price in court of law and get the Sale Deed(s) executed in its favour or in favour of its nominee(s), being the prospective buyers. (21) THAT the permission to commence and carry on the works of construction of the proposed Multistoried Building on the said layout Plot No. 3 (Three) hereby granted by the Owner is merely in the nature of a LICENCE and the same shall in no case be construed as actual delivery of possession within the meaning of section 53(A) of the Transfer of PropertY Act, 1882. fr 4 (22) THAT the owner agrees to pay and discharge all her lncome Tax, Wealth Tax and Capital Gain Tax liabilities if any, arising out of this transaction' t (23) THAT this Agreement is subject to Jurisdiction of the Competent Civil Court at L Amravati. (24) THAT on registration of the Sale Oeed1s1, the Owner agrees to render necessary assistance in obtaining the mutation of the respective undivided proportionate share and interest in the said layout Plot No. 3 (Three) in favour of each such individual prospective buyer(s) in all relevant records. (25) THAT the Developer also agrees to pay sales Tax or any other tax as may be levied by the Government of Maharashtra or Union Government on transfer of land, cost of construction and/or wages paid therefore and shall always keep the Owner indemnified against the same. (26) THAT the Developer shall be liable to pay all charges and deposits for obtaining sewer, water and Electricity connections and meters in the proposed Multistoried to be constructed on the said layout Plot No. 3 (Three). THAT the owner does hereby assure/confirm to the Developer that she has not any mortgage, lien, charge qr interfere over the said property hereby agreed to developed/sold and it has absolutely free from encumbrances of all kinds whatsoever #- respect of the same lF" (28) THAT the Developer hereby assures that it shall always indemnify the owner against any monitory liability in respect of any Agreement that may be entered into by the a Developer with prospective buyers and also in respect of violation of Building rules and Regulations for the time being in force and including also any Civil/Criminal liabilities or in respect of labor laws etc. arising out of this transaction' (2g) THAT for the mafters not specifically covered, the provjsions of Transfer or Property Act shall aPPlY. (30) THAT if the F.s.l, in relation to the said laytrut Plot No. 3 (Three) is increased at to the any time in future, then in such event such increased F.S'|. shall always belongs Developer and it shall have absolute right and full authority to use and consume the i3t-it-r[- 1 -.-t, \-0?> 9c,,2-l5 -, same in its absolute discretion. ^+sl*td Similarly the purchaseandutilizetheTransferableDevelopm"n.*,gn.,(.,.""*ffi; shail have no craims in any HT:,':::il,""jl;j"l5l::o:"_:*.er said Transferable Devetopment Rights D.R.) (T. respect of (31) THAT a, expenses on account of preparation of this AgreemenuDeed of stamp Duty and Registration incruding :1"- "*t been agregd to be borne Fees payabre thereon and Lawyer,s Fees have and paid by the Developer. ALLTHATPieceandParceloflandffilotNo.3(THREE)outofnazulplot no.18 Nazul Sheet No. 19, containing Oy aOmeasr of Mouza - cAMp AMRAVAT, prasane - *rj:il::;:nt;;:.j:ff:,I; thereto, bearing corporation House, situated at camp ^*H:ffiTi[]L::*tins AMRAVATTano oounoeol#::r1]"'ati Municipal corporation, Tahsir and District - ON THE EAST CIRCU|T HOUSE TO -ROAD BtyANt cHowK. ON THE WEST . - SERVICE LANE. ONTHENORIH . LAYOUTPLOTNO.4. ON THE SOUTX - LAYOUT PLOT NO.2. IN WTNESS WHEREOF thE OWNER, thE DEVELOPER hereinabovenamed have ANd thE CONSENTOR furty examined and read over this DEED oF AGREEMENT DEVELO'MENT before OF execution and the same is drafted as per their own instructions and the contents say & whereof are found to be true, conect and hereby same' without any coercion, signed the undue influence, threat, intoxication, misrepresentation fraud of any kind, at AMRAVATI and in presence e attesting witnesses signing on the day first above written. "r,*'rnJi,"l':::i:::"::r:i as such ffi w l;,"w passport Ffroto_- t numo lmpression =:- utgnature - *q#* O gf*E*u[-? hr finI Fim t Passp.rt Fhoto- L.H. Thumb lmpression Ffii+ I rE il v I .'?r da t Khan S/o. Aneeque Ahemad Khan *r Passport photo L.H. Thumb lmp-eGion - Signakrre W Passport Photo L.H. Thumb lmpression Signature t- Witnesses 1)m ,rpF 'i,J:--rli..'.-v:. : -;:.' &i[:;} {f :r tf$-;:-a - qrrrlffir \sZr;i ?)*->*?r t}"Trffi-- effi dtqEqah.Y.qr.ql. '- ----_. d7& I -iffi-6 ilISIT{d? st.*. \c qk{srs(q0 I 1ftfiir I I*.n qhr(q) finet ?q/o?/1ooq €t+r T.q.6',.ttrs $t{dffidmt€ , .161 ' qlrqrtsrs&cr R. tvlY"q etd vx.xe st* t'/"1/1""'{ rfr,irfi,{rifls#cr m.H.aa.arrn-fr fimgaSmmaxiai. l't J trEnmlolrsrEqIt 1\/ol/looq tgfc++ T.EF.I14 i $fr(riltqqtdEt*vv'ved* IGI. qTf,'Trtsfls#cr fr. tv/t/oq, lly'cl/loorr rdfirfrqriqrsfrcl I ar,H.a<.own*d fi m-gq xiz.i roi 5s'rt crdl qffi T.q.H',.Y4 of{qf WScqW o eci.F..p.*l.t+1910."-'i" tl$ srq sr$. L- s.arfara *>-) @*- *KWk 3rmr6ffi uiA aft-frr Eqww@flrffiv ao/>-t\ ;*d Zf&A*ro e'sz 6rr-^ *r@ ryfref"rrrf "3 _ n_ BL:-'fuv-d;Kw,r- @ Gfra rytprqtw)r ffi 6TqdT d@#qw 4@T dv 7ag4,W= x dnq,6:.q 4 . za7&1t zl7 go.*s,g+o l- 'i't: I .r' t 9 t,SZ.il, 04# ffi (+tYu w {ii ___------_ r ./-d alnt 8K 2l ol nl FI 8l al !l FL_ 2 \- t r !9' - I i t I f a r \- t i T kx ..{ tf .\.-5 I | fl{s' }1 ,Ed.t a t 1) (D!a U'A =s 3= o(D o- 3> (DC jo o(f o-o on 8, =(l, -rJ q.ra{,ll rOAa st.t.rr,ldu qrP I >€ l, ocro) =. EE o- I U' o € q) o o 9. cU' o o- q .r.*-r.r.-oH!.L rrr dor !r rlJ cf o: <) 0) o o - 1:, o ilf. ! F o I o c @ (, .f -.1 I .E C t E t_ a6 ^9 o L.*,*,,- 8r o; ) {u -t N ta,o) .r ! o o JI .r.-- I a o I I I T ffiii \ ''-" t q) sl\ I I! t I! l Bl al ,\ \ B I *r.o,#&t t t I I EITI Ii L Ii I cffi t 6 t ,i!d r I m I t i a n Io I I II I ! T h T i i, t 68 T ! n o t 1 5 E E ii!ili - !EilII