8 13) The developer shall be liberry to boffow loa-n for the purpose of constluction of tJ:is building like project 1oan. only SO%share of builder first parry is not liable for ally kind of loal borrowed by the developer. 14) No personal liability of the first pafy / owner can be created by the developer in connection with the execution of the work as per this agreement or power of attorney deed. All or ally liability arising in ttre execution of this agreement shall be on the developer. The developer shall not start arry work of development, on t}re said property unless the building plal is sarctioned by the corporation. i5) The development of the said property by construction of the building sha_ll be at the entire cost, expenses a.fld risk a:rd the entire account of the developer. The developer shall at liberty to make necessarJr application for tlle purpose of development to the concemed authorized at his o\rn costs and expenses in the name of fust party / owner aIId the Jirst party /oumer sha11 sign in such application. 16) That, the at the time of execution ofpossession deed the fust party wil refund the refundable deposit of Rs. 40,00,000 /- ( Rs, Forty lacks onlSr) along with the charges of50% amount of owners which was paid by the developer for paid FSI, TDR. 17) The first party / Owner has executed the power of attomey in favor of developer to enter upon the said propelty or any part thereof w1th full right ard authority to commence) carry on the complete the thereol in accordalce with tJ:e 3C' EF', €r* q qrou \y ^\v/ Q **'e q 9 permission ttrat granted by the municipal corporation, Aura-ngabad. 18) The developer shal1 be at liberty to enter into an agreement to sale/sale deed in respect of the portion of units a-llotted to him. The developer shal1 enter into agreement of sale of the constructed portion allotted to him on such terms and conditions as the developer may think fit. The owners has agreed to sign arld execute the conveyance sale deeds in favor of the developer or as requested by him. However, the developer shall not call upon the first pa-rqy / owner to execute the conveyance sa.le deeds unless t]:e owners is put in possession of tJee portion allotted to them. 19) The expenses of registration of dozelopment agreement shall be borne by the developer including ct4mn.hri\r Fi. 20) The said Apafiment shall be governed by tlle provision of apartment ownership Act. Necessary deed of declaration shall made by the developer. 21) Any dispute pertaining to this agreement ir] respect thereof sha.ll got resolved through arbitrator as per provision of Indian Arbitration Act. 22) Tlne first pa-aty / owner shall be bounded to give ful1 co-operation in signing t]]'e application for construction permission progress report of construction, 23) That, in case of increase of arry FSI / TDR in future then the ratio of the Owner and Developer will be as equal i.e. 50:50%. 24J 'Ihat, the work of development is agreed to be completed within 24 months from date of s's',,lri i E#* I 3qi! sF.l 10 bommencement certilicate from municipal corporation Auralgabad. However this limi.tation is subject to the litigation if arise. And if arry litigation is arise in respect of property under development in t?rai event the first party / owner the same wiII be defend and contest at the expense of First party 25) That,. the owners today itself are executing the registered irrevocable power of Attorney in favor of Developer and tJrereby authorizing the developer to carry on the total development of the propertlr, to obtain construction permission, water connection, electdcity connection, to obtain occuparcy certilicate to execute declaration of apaJtt:nent. SCHEDULE CTS No. 15267/ Sheet oo. gO4, admg. 329.4 sq.mtrs., Situated at Vidya-nagar, Garkheda, Auralgabad, which is bounded as below. :- TO\I/ARDS EAST : CTS NO. 15264 TOWARDS WEST :ROAD TOWARDS SOURTH :ROAD TOWARDS NORTH :CTS NO. 15266. i'.i.i - l^ 1 q\(9" ,1 l/l SPECIFICATIONS 1. Sttucture R.C.C. framed structure, Ext€rnal9,, & 6"thick & Internal4" thick brick work. 2. Flnishes WallPunningfor intern al finish ing to all rooms Sand face plaster for externalsurface 3. llooring r- preftium QualityVjtrified Tiles (24,,X24,,) in allrooms. For Toilet:. Anti Skid tiles for floor & Blaze tiles of premium quality for wall dado up io llntel level, 4. Kitchen : - kitchen Platform in Granite. platform wtth Stainless Steelsinkwith walltiles up to tintellevet. 5, Electrlcal :- Concealed wiringwith Modular Switches, AC polnt in Master bedroom 6. Windows i" Powder coated a'uminum windowwith Mosqujto net & t\4.S. safety Grills with window sillat bottom ofopening 7. Door Fram€s : - a)Main door-Decorative Flush shutters both slde lamination & shutters blToilet doors frame ofGranite. With waterproof Flush doors 8, Palnting : - e) Internal paint will be O.B.D. paint. b) External paint will be Acrylic paint. 9. Llft F LiftWithAERD system. 10. Plumbing r Jaguar^era or any ISt mark fitflngs in all toilets & for kitchen sink. ,1. TANK : - One overhead watertank provislon and one underground tank with separate partitlon for domestic use & drinking water use with Electric motor & also additionalfrom bore wellwater. 12. Solarwater heater r provjsion of hot waterfor alltoilets through a common solarweter heating system 13. Railings:- Staircase and balcony railings in S.S N4aterial &T 1sg !tr 3ep < 1e 3u 1!l q "?€A +; 11 IN WITNESSES WHEREOF BOTH THD PARTIES HEREUNTO PUT THEIR HAND IN PRESENCE OF WITNESSES MENTIONED HEREUNDDR:. UTANTS ..,ii? l) Dr. Prakash S/o Ramchandra Bhurewar 2) Kalpana D/o Ramchandra Bhurewar (Before Mariase) Kalpana w/O Dyaneshwar Kirtiwar { ar., (FIRST PARTY/ OWNERI P.C. Developers. Thtough partners:- ) shrr suresh s/o enanaraopenaJl-- m r=i ) Shrt Nitin S/o Damodharpandtt Manoj S/o Bhlmsing Chavar (DEVELOPER) I Mr. Sai Prasad Sudhakar Deshparrde Age:- 32 years , Occ. Business ii" R/O Garkheda , Aurangabad ) Mr. Rajendrakumar Na-rayanprasad Sethi .{il., Age:- 61 Years , Occ. R/O Nears Jagrut carlpati , Kuwar Fa-lli , Aurangabad 6"fr $\rffiT Ett ?fl(.lft(itI q?.F - Autangabad tqftt - aurangabad nqda.fiftr Erqr € imfiFi. i'{, ??l a ii'€,nl.trd mrrcr. sii €+f, sri$ +^ /RB,DESK_lt.NAA.Ati€€ !c. D. t.,lt.zi_3rqi.Erdla ec'!i fu+iiRRl arrr,t 6.{jqfi,rd:Bri. ir.ot...itii o3.S. t'r.?,\e,c t\..2. Ffrnq-c\s. '.!.r" ,ii. t!.zo ntq.l tiqaF.R,iRdsrris !!n r.*. iqrEl oshqAllq r_i ?ss3 H dr.?q.1t.qY I i 5eR ovq.41zY Tqrr!rqr'- j rtrd' fuqd!.6T ocdr !iER. R.E.zylz ot?4!zz €iil;+i"rooq\e II ?j. rdMncri( licTr CrsQArrangSlaj 5-%21 i.,.i,,-i-. 'rf,r- 1T{ :J'F !{ &{x1* Aumngnbad ffij 3E ET' EC'- q qe Qtl 9etL Rsq €ft @Wlmfism1sElntta$F' {_4TrI !lq+ {t{R wqfafiI/EoB: 03/121958 ssgslkd Bsi7 I-agheetAen Adtri.ka 6t1at2a21 Summary 1 (oasiqchwaE bhas 1) 158/3908 afit qnFrRT qm-l Crl6ilR,15 ql 2021 12:02 q.l. 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