The said Real Estate Project is purely a Plotted Development and shall be known and styled as “Balaji Town” (Hereinafter referred to as the “Project”) ADDRESS: Khasra No. 62/1, 62/3 of, Mouza: Mhasala, Tah- Wardha (Rural), Dist- Wardha. F COMPLIANCE OF REAL ESTATE (REGULATION & DEVELOPMENT) ACT,2016 The Real Estate (Regulation & Development) Act, 2016 has come into force since 01/05/2017 “Balaji Town” is duly register with the said Authority vide Registration No. _____________________________”. G PHASING OF THE PROJECT This project is to be developed in single phase. K DISCLOSURE REGARDING LITIGATION: The Vendor/ Promoter hereby declares that there are no civil/criminal case is pending with respect to the said land. L INTEREST SHOWN BY THE ALLOTTEE/PURCHASER Allottee/purchaser was in search of residential Plot in vicinity of Mouza: Mhasala and that is when she/he came to know about the said project of the Vendor/ Promoter. Allottee/Purchaser Contact to Vendor/Promotor & On the request of Allottee/Purchaser Vendor/ Promoter has disclosed entire information along with all sanctioned documents to the complete satisfaction of the Allottee / Purchaser, the Allottee / Purchaser has himself inspected all original legal documents, all original sanctioned plans of the said project and thereafter Allottee/Purchaser has conveyed his readiness and willingness to purchase the ___________ out of the project (Layout) known as “Balaji Town” which is more particularly described in the Schedule B and location of the which is shown on authenticated copy sanctioned Lay-out plan annexed herewith. M OFFER AND ACCEPTANCE: In accordance with terms and conditions set out in this agreement and as mutually agreed upon by and between the parties, the Vendor/ Promoter hereby agrees to sell and the Allottee / Purchasers hereby agrees to purchase the said Plot. N WILLINGNESS TO ENTER INTO AGREEMENT: The parties relying on the confirmation’s representation and assurances of each other to faithfully abide by all the terms, conditions and stipulations contained in these agreement and all applicable laws, are now willing to enter into this Agreement on the terms and conditions appearing hereinafter. O REGISTRATION OF AGREEMENT: As per Section 13 of the Real Estate Regulation Act, the Vendor/ Promoter is required to execute a written agreement with the Allottee / Purchaser for the sale in respect of the said Plot and therefore, Vendor/ Promoter and the Allotttee/ Purchaser are executing present Agreement as a compliance thereof and they shall also register the said Agreement under Registration Act, 1908, with the concerned Sub Registrar office, within a time limit prescribed under the Registration Act. 12 Termination of Agreement by Vendor/Promoter: Without prejudice to the right of the Vendor/ Promoter to charge interest on delayed payment, if the Allottee/ Purchaser commits three defaults on making payment as per the stages mentioned Schedule D then the Vendor/ Promoter shall serve a notice of 15 days in writing to the Allottee / Purchaser informing its intention to terminate this Agreement and deduct upto 10% of the Consideration Amount towards liquidated damages and other administrative expenses. Balance amount (if any) shall be refunded within 45 days of termination. In the event of termination Vendor/ Promoter is not responsible to refund any taxes and duties such as stamp duty and registration charges which were paid to the Government and the Allottee /Purchaser shall apply for refund at their effort and cost. 13 Cancellation of Agreement by Allottee/Purchaser: If the Allottee / Purchaser wishes to cancel the agreement due to reasons not attributable to the default of the Vendor/ Promoter, then the Vendor/ Promoter shall deduct 10% of the Consideration amount towards liquidated damages and other administrative expenses and balance amount (if any) shall be refunded after the Plot has been booked by other Allottee/ Purchaser. In the event of cancellation by Allottee/ Purchaser, the Vendor/Promoter is not responsible to refund any taxes and duties such as stamp duty and registration charges which was paid to the Government and the Allottee/ Purchaser shall apply for refund at their own effort and cost. 14 WATER CONNECTION AND CHARGES: The Allottee/Purchaser is fully aware that water connection for said Scheme is not yet obtained either from Grampanchayat and that the demand for water will be fulfilled either through bore-well or well. The Vendor/Promoters will only create suitable infrastructure for supply of raw water. 16 REGISTRATION: The Allottee/Purchaser and/or Vendor/Promoter shall present this Agreement at the proper registration office of registration within the time limit prescribed by the Registration Act and the Vendor/Promoter will attend such office and admit execution thereof. 17 OTHER AGREED TERMS & CONDITIONS BETWEEN PARTIES HERETO : a) That, it is specifically agreed by Vendor / Party No. 1 that sale deed in respect of the said immovable proeprty shall be executed and registered in favour of the Purchaser/s Allottee/s or any other person or nominee as suggested/directed by the Purchaser/s Allottee/s of this agreement. b) That, it is specifically agreed to and understood by the parties herein that the immovable proeprty agreed to be sold/purchased shall be taken to be correctly described and incase, any mis-statement, error or omission is found or detected, the same shall not annul this agreement but all such mis-statement, error or omission shall always be subject to correction by the parties. c) That, as already mentioned, the Owner / Promoter / Developer herein agreed to sell to the Purchaser/s and the Purchaser/s has / have agreed to purchase the said Plot No. …….. from the Owner / Promoter / Developer more specifically described herein below for the mutually agreed lump sum consideration of Rs. …………. (Rupees ………………. ) and the Purchaser/s shall make the payment of the same in the name of …………………….. or such other name as may be specified from time to time by the Owner / Promoter / Developer and the said consideration amount is excluding expenses for Stamp Duty, Registration Fees, Other Taxes, expenses, etc., and also all other outgoings as mentioned herein below which will be paid by the Purchaser/s / Allotte/s separately as agreed and specified. d) That, the Possession of the said Plot agreed to be purchased by the Purchaser/s / Allotte/s shall be handed over to the Purchaser/s / Allotte/s by the Owner / Promoter / Developer on receipt of the entire balance consideration amount of Rs. ……………… (as already herein above specified) and other charges as agreed. The Purchaser/s / Allotte/s shall take possession of the said Plot after complying with all necessary legal formalities and effective necessary payment as agreed. e) That, the total Price is escalation-free, save and except escalations/increases, due to increase on account of development charges payable to the competent authority and/or any other increase in charges which may be levied or imposed by the Competent Authority/ Local Bodies/Government from time to time. The Owner / Promoter / Developer undertakes and agrees that while raising a demand on the Purchaser/s / Allotte/s for increase in development charges, cost, or levies imposed by the competent authorities etc., the Owner / Promoter / Developer shall enclose the said Notification / Order / Rules / Regulation published / issued in that behalf to that effect along with the demand letter being issued to the Purchaser/s / Allotte/s, which shall only be applicable on subsequent payments. f) That, as has already specified herein above that before executing this agreement, on demand from the Purchaser / Allottee, the Owner / Promoter / Developer has given inspection to the Purchaser / Allottee of site, all the documents of title relating to the project land and the layout plans, designs and specifications prepared by the Owner / Promoter / Developer and sanctioned by the sanctioning authority and of such other document/s as are specified under the Real Estate (Regulation and Development) Act 2016 (hereinafter referred to as "the said Act") and the Rules and Regulations made thereunder. The Purchaser / allottee has, prior to the execution hereof perused the Title documents, Layout Plan/s, and Specifications including area specifications of the said Project and the other documents and papers disclosed by the Owner / Promoter / Developer and satisfied herself/himself/themselves about the title of the Owner / Promoter / Developer to the said Property and/or right of the Owner / Promoter / Developer to sell the same on ownership basis. The Purchaser / Allottee hereby confirms that, the Owner / Promoter / Developer has produced for inspection, all information and documents and has made full and true disclosure as demanded by the Purchaser / Allottee and the Purchaser / Allottee is satisfied with the same and has no further or other information nor disclosure to be required from the Owner / Promoter / Developer, and the Purchaser/s is fully satisfied with the right, title and authority of the Owner / Promoter / Developer as well as the condition, type, user and specifications of the said layout scheme and facilities to be provided in the said layout scheme and after being so satisfied, the Purchaser/s has agreed to purchase it. That, any dispute between parties shall be settled amicably by following conciliation proceedings. In case of failure to settle the dispute amicably, the same shall be decided as per the provision of the Real Estate (Regulation and Development) Act, 2016, Rules and Regulations, thereunder. Thanking You Your's Faithfully For, @ Surendra Mahakalkar (Joint Landowner & DeveloPer)