CHARUSHTLA J. RAORAN E1 a.con,..."ff Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhoomi Garden, Dattapada Road, Opp. TATA Steel , Borivali (East), Mumbai - 400 066 E-mail : charushilar@gmail.com FORMAT - A (CircLrlar No:- 281202 I ) To Maharashtra Real Estate Regulatory Authority (MahaRERA) 6th g 7th Floor, Housefin Bhuvan. Plot C 21F. - Block, Bandra Kurla Complex. Bandra (East), Mumbai - 400051. Sub: All that piece or parcel of land bearing Sub-Plot No. l, New F.P. No. 275 (Old F.P. No. 324) of T.P.S.-lll, Borivali (West). Mumbai -400 092. Village Borivali, Taluka Borivali, in the Registration District Mumbai and Sub-District Mumbai Suburban ("Land"), admeasuring 779 Sq. Meters along with a building known as 'Shree Aradhana' consisting of ground + 4 :::::::::::'.Y::l:::".::.:::l:::'.1::"lY:'::]:::T'.::::::Y:1.......rrrr.,.... 1. INTRODUCTION : I have investigated the title of Shree Aradhana Co-operative Housing Society Limited ("Society") to the said property, on the request of my client M/s. H Rishabraj Realty ("Developer") having its office at 103, Jai Tirth Building. Daulat Nagar, Road No.l0, Borivali (East), Mumbai- 400066, on perusal of the copies of documents mentioned below. I observe as under .HARUSHTLA J. RAORAN E, e.cou,,.."ffi Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhoomi Garden, Dattapada Road, Opp. TATASteel, Borivali (East), Mumbai -400 066 E-mail : charushilar@gmail.com ) DESCRIPTION OF THE PROPERTY All that piece or parcel of land bearing Sub-Plot No. l, New F.P. No. 275 (Old F.P. No. 324\ of T.P.S.-lll. Borivali (West). Mumbai - 400 092. Village Borivali. Taluka Borivali, in the Registration District Mumbai and Sub-District Mumbai Subr-rrban (ool-and"). admeasuring 779 Sq. Meters along with a building known as'Shree Aradhana' consisting of ground + 4 Lrpper floors standing thereon ("Building") and bounded as fbllows: On or towards the North : By property belonging to Third Parly On or towards the South : Sub plot No.4 Old F.P. No.324 New F. P.275 On or towards the East : By Open plot (recreation ground) On or towards the West : Public Road 60' wide of the said layourt J. DOCUMENTS OF ALLOTMENT OF PLOT PERUSED AND GRANT OF DEVELOPMENT RIGHTS IN RESPECT THEREOF: i) A Deed of Conveyance dated 28tr'April, 2014 registered with Sub-Registrar at Borivali - 9 vide Sr. No. BRL-09-2966 of 2014 ii) Development Agreernent Dated 09tr' June.2023 registered with Jt. Sub-Registrar at Borivali -02 vide Sr. No. BRL-02/8757 of 2023, Dated l2tr'June,2023 iii) Power of Attorney Dated 9tl'June.2023 with duly registered with the sub- registrar of Assurance under Sr. No. BRL-02/8758 of 2023, Dated 12tl'Jr"rne,2023 iv) Society Registration Certificate dated l6th April 1992 Registration No. BOM/WR/HSG (TCy6203 of 1991-92 dated l6tr'April 1992 4. PROPERTY CARD AND REVENUE RECORD: The property card in respect of the said property is standing in the name of the M/s. L. K. Builders through its Partner 1) Shri. B. V. AlrnoLrla (2) Shri. K. [.. Seth 3) Mr A.B. Almoula 4) Shri. N. C. Seth 5) Shri. S. C. Shah 6) Shri. A. S. Doshi and 7) Shri. A. R. CHARUSHILA J. RAORAN E, e.con,..."ffi Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhoomi Garden, Dattapada Road, Opp. TATA Steel , Borivali (East), Mumbai - 400 066 E-mail : charushilar@gmail.com Doshi in Sub-Plot bearing No. l, New F.P. No.275 (Old F.P. No.324) of T.P.S.-lll. Village Borivali. Taluka Borivali. 5. OWNERS OF THE LAND Pursuant to the aforesaid Deed of Conveyance, the Society i.e. "Shree Aradhana Co- operative HoLrsing Society Limited", situated at Sub-Plot bearing No. 1. New F.P. No. 275 (Old F.P. No. 324) of T.P.S.-tll. Village Borivali. TalLrka Borivali situate at Kastur Park, Shimpoli Road. Borivali (West), Mumbai - 400 092 was seized, possessed and sufficiently entitled of the Property. 6. On perusal of the above mentioned documents and all other relevant documents relating to title of the said property. I am of the opinion that the title of Shree Aradhana Co- operative Housing Society Limited is clear, marketable and without any encumbrances and M/s. H Rishabraj Realty is entitled to redevelop the said propefiy. Owner of the land Shree Aradhana Co-operative Hor,rsing Society Ltd. Developer of the land M/s. H Rishabraj Realty 7. The report reflecting the flow of tlie title of Shree Aradhana Co-operative Hor"rsing Society Ltd. as owners and M/s. H Rishabraj Realty as Developer on the said land is enclosed herewith as Annexure-A. a\ Q"r/ 4'\ Adv. Charushila J. Raorane Bombay High Court Encl : Annexure -A Date: N.B.: The Title Report tliereto are issued I'or my client's use and are based on copies of the documents furnished to me as mentioned therein. CHARUSHILA J. RAORANE, B.COM," "ffi Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhoomi Garden, Dattapada Road, Opp.TATASteel, Borivall (East), Mumbai-400066 E-mail : charushilar@gmail.com Annexure-A ( Circular No:-281202 1 ) FLOW OF THE TITLE OF THE SAID LAND. Sub: All that piece or parcel of land bearing Sub-Plot No. l. New F.P. No. 275 (Old F.P. No. 324) of T.P.S.-lll, Borivali (West), Mumbai -400 092. Village Borivali. Taluka Borivali, in the Registration District Mumbai and Sub-District Mumbai Suburban ("Land"), admeasuring 779 Sq. Meters along with a building known as 'Shree Aradhana' consisting of ground + 4 :::::l:::::'.Y::l:::.".1:::l::::'.1:":lljilill.i1l'.::::::Y:'1... .. i.. ..... ... . My observation relaLing to the Lil"le of tlte "SItt'ee Aladltatta Co-Operative Housitrg Society Limited" to the said property described in the Schedule hereunder written and also the entitlement of M/s. H Rishabraj Realty, to r"rndertake the redevelopment of the said property is as under: (i) Originally, the said Land was owned and possessed by one M/s. L. K. Builders (a parlnership concern), as part of a larger approved layout. After obtaining the requisite approvals and permissions fiom the concerned authorities, the said M/s. L. K. Builders constructed the said Building and sold various flats therein to the respective purchasers; (ii) M/s. L. K. Builders as the developer/prornoter made necessary applications to the Municipal Corporation of Greater Mumbai in respect of the said Land and in terms of the approved plans, constructed buildings 'Shree Aradhana' consisting of ground + 4 Lrpper floors standing thereon to 25 residential Flat ("Building"). CHARUSHILA J. RAORAN E1 a.con,..."ffi Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhooml Garden, Dattapada Road, Opp. TATA Steel , Borivali (East), Mumbai - 400 066 E-mail : charushllar@gmail.com The Occupation Certificate dated l0tr' January 1992 No. CEl4642lB5IIIA/R was issued by MLrnicipal Corporation of Greater Mumbai in respect of the said Building. (iv) The said M/s. L. K. Builders sold all the flat in the said Building to various purchasers and handed over possession of their respective premises against the payment of the entire consideration amount. (v) The purchasers of the premises lormed a co-operative society by the name of "Shree Aradhana Co-Operative Housing Society Ltd.", under the provisions of Maharashtra Co-operative Societies Act. 1960 under Registration No. BOM/WR/HSG (TC)/6203 of 1991-92 dated l6tr' April 1992 ("Society"). (vi) By and under a Deed of Conveyance dated 28tl'April. 2014 executed by and between M/s. L. K. Builders (therein referred to as the Vendor/Owners) of the One Parl; and the said Society i.e. Shree Aradhana Co-operative Housing Society Limited (therein referred to as the Purchaser) of the Other Parl and duly registered under with the concerned Sub-Registrar of Assurances at Mr"rmbai under Sr. No. BRL-09-2966 of 2014 ("Deed of Conveyance"), the Vendors therein granted, conveyed, transferred and assured unto the said Society. the said Property. for the consideration and in the manner contained therein. (vii) Pursuant to the afbresaid Deed of Conveyance, the Society became absolutely entitled to the said Property. (viii) The Society thereafter approached M/s. H Rishabraj Realty with a proposal to redevelop the said Property and the offer given by M/s. H Rishabraj Realty for the redevelopment was accepted by the Society in the meeting held on lSth December 2022 and appointed Mis. H Rishabraj Realty as the Developers fbr the ffi redevelopment of the said Property. B CHARUSHILA J. RAORAN E,,."O',..,"ffi Advocate, High Court, Mumbai H/505, Fifth Floor, Ekta Bhoomi Garden, Dattapada Road, Opp. TATASteel, Borivali (East), Mumbai -400 066 E-mail : charushilar@gmail.com (ix) The Said society by and Llnder Development Agreement dated 9tl' June.2023 executed by and between the said society and the Developer and duly registered with the sub- registrar of assurances under Sr. No. BRL-02/8757 of 2023, Dated l2tl'June,2023, the Society and Members therein did thereby grant and assign Development Rights in respect of the said property for consideration: and on terms. conditions and covenants therein recorded. The said society have also issued registered Power of Attorney Dated 9tl' June,2023 with duly registered with the sub- registrar of Assurance under Sr. No. BRL-02/8758 of 2023, Dated l2tl' June,2023. The said documents are not the subject matter of any litigation and the same is valid, subsisting and binding upon the parties thereto. (x) Thus, the appointment of M/s. H Rishabraj Realfy as Developers of the said property by the Society is valid and legal and as Developers M/s. H Rishabraj Realty.. is firlly entitled to implement redevelopment of the said property. i) Any other relevant title - Not Applicable ii) Litigations if any - Not Applicable Yours faithfully" d> Adv. Charusheela J. Raorane Bombay High Court N.B.: The Title Report thereto are issued for my client's use and are based on copies of the documents furnished to me as mentioned therein.