PC1_Draft Sale Agreement Waterview.doc

7/23/2019 PC1_Draft Sale Agreement Waterview.doc

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AGREEMENT FOR SALE

THIS AGREEMENT FOR SALE is made on ................ day of ............................,

Two Thousand Fourteen (2014).

BETWEEN

BALDEO BUSINESS CENTER [PAN NO. ..............................], a Partnership firm,

constituted under a deed of partnership dated 1st day of April, 200, ha!in" its place

of #usiness at $%, &ri Ara#inda &arani, 'olata, respresented #y its Partners namely

GYANESHWAR PRASAD AGARWAL, AKSHAY KUMAR AGARWAL, JAI

KRISHNA AGARWAL & SHEELA AGARWAL, hereinafter called and referred to

as the OWNER/VENDOR(which term or epression shall unless ecluded #y or

repu"nant to the su#*ect or contet #e deemed to mean and include its successor

and+or successors in office+interest and assi"ns) of the ONE PART.

AND

1. ............................................. PA- -. .........................../, son+wife+dau"hter

of ........................................................................, #y faith ................., #y

occupation ....................., #y nationality ndian, residin"

at ..........................................................................................................................

.......................................................................................................................

2. ............................................. PA- -. .........................../, son+wife+dau"hter

of ........................................................................, #y faith ................., #y

occupation ....................., #y nationality ndian, residin"

at ..........................................................................................................................

.......................................................................................................................,

hereinafter called and referred to as the PURCHASER/S (which term or

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epression shall unless ecluded #y or repu"nant to the contet #e deemed to

mean and include his+her heirs, eecutor(s), administrator(s), le"al

representati!e(s) and assi"n(s)) of the OTHER PART.

WHEREAS !

A) P.. 3TT5 6 3PA-7 P58AT 93T: (2) 3A9A7 ';3A5

3TT5 (une, 2010 (hereinafter referred to as the

:89P3-T A?53-T) entered into #etween the present wner

alon"with other owners referred a#o!e and the 'hetawat Towers P!t. 9td.,

ha!in" its 5e"istered ffice at 1A, &arat =ose 5oad, 'olata 00 020,

:e!eloper therein, the wners ha!e "ranted the eclusi!e ri"ht of de!eloper in

respect of the said Property unto and in fa!our of the said :e!eloper for the

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consideration and su#*ect to the terms and conditions contained and recorded

in the said :e!elopment A"reement

:) =y and under the said :e!elopment A"reement it has #een a"reed #etween the

wners and the :e!eloper that in consideration of the :e!eloper ha!in"

a"reed to undertae de!elopment of the said property the :e!eloper shall #e

entitled to 0H of the total constructed area formin" part of the Bousin"

Pro*ect to comprise of !arious flats units apartments and parin" spaces and

to"ether with the undi!ided proportionate share in all common parts portions

areas facilities and amenities and to"ether with the undi!ided proportionate

share in the land comprised in the said property attri#uta#le thereto

(hereinafter referred to as the :89P5& A99AT-) and that the

remainin"


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?) The :e!eloper has already commenced the wor of construction of the said

Bousin" Pro*ect to #e commonly nown as C5ameswara Dater 8iewE.

B) n accordance with the said :e!elopment A"reement dated 11.0$.2010 and in

accordance with final allotment of the units, the said :e!eloper handed o!er

A99 TBAT piece and parcel of one independent residential flat, #ein" Flat -o.

I.........J on the ................ Floor of =loc -o. 2, measurin" .................. s.ft.

more or less of super #uilt up area T?TB5 DTB 1 (ne) co!ered car

space, on the ?round Floor of =loc -o. 2, measurin" .............. s.ft. more or

less of super #uilt up area, lyin" and situated in the said #uildin" comple

namely C5A3&DA5A DAT5 8DE A-: T?TB5 DTB

undi!ided proportionate share land, common common amenities, common

facilities of the said #uildin" comple (hereinafter called and referred to as the

&A: P5P5T7), to the said =aldeo =usiness enter as their wnerJs

Allocation.

) The purchaser herein has approached the present owner, =aldeo =usiness

enter for purchasin" the &A: P5P5T7 from wnerJs Allocation,

morefully descri#ed in the &econd &chedule hereunder written.

>) The present owner has accepted the proposal of the present purchaser and

a"reed to sell the &A: P5P5T7 under some terms and conditions

enumerated #elow.

') The total sale consideration for the &A: F9AT is 5s. .........................

(5upees ................................. .............................................) only K

5s. ........................... (5upees ..............................................) only per s.ft. of

super #uilt up area A-: total sale consideration for &A: A5 PA5'-?

&PA is 5s. ......................... (5upees ...................................................) only

"# $%%'%$(') *+#")'$("+# +- R. ...........................

R0'' .......................................................................1 +#23, which is accepted

and confirmed #y #oth the parties herein.

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NOW THIS AGREEMENT WITNESSETH AND IT IS AGREED BY AND

BETWEEN THE PARTIES HERETO $ -+22+4!

1. A'-D9:?3-T A-: :&9A35

1.1 At or #efore enterin" into this A"reement the Purchaser ha!e fully satisfied

themsel!es as to L

i) The title and ri"ht of the wner.

ii) Ba!e inspected the said :e!elopment A"reement entered into #etween the

wners and the :e!eloper.

iii) Ba!e inspected the said Allocation A"reement+Final Allotment entered into

#etween the wner and the :e!eloper and are fully satisfied as to the ri"ht of

the wner to enter into this A"reement.

i!) Ba!e inspected the Plan sanctioned #y the authorities concerned.

!) Are fully satisfied as to the total super #uilt up area to comprise in the said

unit.

!i) Ba!e a"reed not to claim any ri"ht o!er and in respect of the other parts and

portions of the said Bousin" comple includin" the roof unless epressly

permitted or conferred upon the Purchaser.

!ii) And ha!e a"reed not to raise any o#*ections whatsoe!er or howsoe!er.

ARTICLE II 5 DEFINITIONS

n these presents unless there is anythin" in the su#*ect or contet inconsistent with

the followin" epression shall ha!e the meanin" assi"ned a"ainst them as followsL

2.1 ARCHITECTshall mean architects appointed #y the :e!eloper.

2.2 BUILDINGSshall mean the -ew =uildin"s in which the Flat intended to #e

acuired #y the Purchaser is situated and to #e constructed in accordance with

the plan sanctioned #y the authorities concerned with such !ariations or

alteration as may #e permitted.

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2.< PARKING SPACE shall mean All that the 1 (ne) co!ered ar Parin"

&pace lyin" at the "round floor of the said -ew =uildin"s.

2.4 COMMON PURPOSEshall mean and include the purpose of maintainin"

the said Bousin" omple includin" the said -ew =uildin"s in which the said

Flat intended to #e acuired #y the Purchaser and in particular the common

parts and meetin" of the common epenses and matters relatin" to mutual

ri"hts and o#li"ations of the owner of !arious Flats and common use and

en*oyment thereof.

2.% COMMON E6PENSES/THE MAINTENANCE E6PENSES shall mean

the proportionate share of common epenses to #e paid #orne and contri#uted

#y the intendin" Purchaser for rendition of common ser!ices #riefly descri#ed

and without limitation is in &MTB &B:;9 hereunder written.

2.$ COMMON PARTS AND PORTIONS shall mean and include lo##ies,

staircases, passa"e ways, 9iftshafts, su#station, pump rooms, machine room,

water tan, "enerator room, and other facilities whatsoe!er reuired for

maintenance and+or mana"ement of the housin" comple to #e determined #y

the :e!eloper, which is more fully and particularly descri#ed in the TB5:

&B:;9 hereunder written.

2. COMMON FACILITIES shall mean the facilities which shall remain

common for all the owners and+or occupiers of the said housin" comple for

#eneficial use and en*oyment of respecti!e Flats+;nit.

2.@ HOUSING COMPLE6shall mean the !arious -ew =uildin"s and+or #locs

to #e constructed #y the de!eloper on the said property ha!in" se!eral self

contained flats, units, apartments and parin" spaces reser!ed for a particular

#uildin".

2. PLAN the =uildin"s plan sanctioned #y ?ram Panchayat, =ishnupur ,

5a*arhat dated 04+01+2011 and shall include all such modifications or

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!ariations as may #e made #y the de!eloper from time to time with prior

sanction from the authorities concerned.

2.10 PARKING SPACESshall mean the spaces which are specifically desi"nated

in a particular #uildin"s+#loc for the purpose of parin" of cars and+or two

wheelers and the remainin" area shall a#solutely !est and+or #elon" to the

&eller to"ether with the ri"ht to sell transfer and+or "rant use thereof to any

person and+or person as the de!eloper in its a#solute discretion may deem fit

and proper.

2.11 PURCHASERS1shall mean the present purchaser+s and her+her heirs, le"al

representati!es, eecutors administrators and assi"ns.

2.12 OWNER/VENDOR shall mean the present wner+8endor and shall include

its successor and+or successors in office+interest and assi"ns.

2.1< SERVICE INSTALLATIONS shall mean sewers, drains, channels, pipes,

water courses, "utters, main wires ca#les, conduits, aerials, tans, and soa

ways and any other apparatus for the supply of water electricity or telephone

and for the disposal of foul or surface water.

2.14 SINKING/RESERVE FUND At or #efore enterin" into this a"reement it

has #een epressly communicated to the Purchaser that the said -ew

=uildin"s to form part of the said Bousin" omple is to #e ept and retained

as a decent residential comple in the city of 'olata (5a*arhat) and as such to

a!oid any contro!ersy in future and also for ensurin" proper maintenance and

upeep of the -ew =uildin"s and+or Bousin" omple continues it has #een

a"reed that the Purchaser shall eep in deposit with the :e!eloper an amount

as may #e determined #y the said :e!eloper in its a#solute discretion towards

&inin"+5eser!e Fund which shall #e held free of interest #y the :e!eloper

and upon the formation of the &ociety+Association+ Boldin"

r"anisation+&yndicate (B9:-? 5?A-&AT-) made o!er to the

Boldin" r"anisation who shall #e entitled to in!est the same in such

securities and in such manner as the Boldin" r"anisation may thin fit and


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apply the income for the purpose of meetin" the epenses which may #e

necessary or reuired or the purpose of repairs maintenance security and

upeep of the #uildin"s and such deposit towards such sinin"+reser!e fund

shall not a#sol!e the Purchaser of her+his o#li"ations to mae payment or

contri#ute for periodical maintenance and other char"es.

2.1% SUPER BUILT UP AREAshall mean the total #uilt up area of the Flat+;nit

includin" the proportionate share in the common parts, portions, areas, or

facilities and amenities comprised in the said -ew =uildin"s and the a""re"ate

of the same shall #e the super #uilt up area of the Flat+;nit.

2.1$ USER/HOUSE RULESshall mean the rules and re"ulations re"ardin" the

user+holdin" of the said Flat as hereinafter stated.

ARTICLE III 5 INTERPRETATIONS


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!i) A reference to a statutory pro!ision includes a reference to any modification,

consideration or reenactment thereof for the time #ein" in force and all

statutory instruments or orders made pursuant thereto.

!ii) Any reference to this a"reement or any of the pro!isions thereof includes all

amendments and modification made in this A"reement from time to time in

force.

!iii) The headin"s in this a"reement are inserted for con!enience of reference and

shall #e i"nored in the interpretation and construction of this a"reement.

i) The &chedules shall ha!e effect and #e construed as an inte"ral part of this

a"reement.

ARTICLE IV 5 COMMENCEMENT 5 TITLE

4.1 This A"reement has commenced and+or shall #e deemed to ha!e commenced

on and with effect from the date of eecution hereof (hereinafter referred to as

the 33-3-T :AT).

4.2 The Purchaser has+ha!e inspected the title of the wner in respect of the said

Property and a"rees and co!enants not to raise any o#*ection whatsoe!er or

howsoe!er.

4.< The Purchaser has inspected the #uildin"s plan duly sanctioned #y ?ram

Panchayat, =ishnupur , 5a*arhat.

4.4 That the :e!eloper shall #e entitled to chan"e and+or alter and+or modify the

said Plan

4.% The :e!eloper shall #e entitled to chan"e the user of any part or portion of the

said -ew =uildin"s and the Purchaser a"rees not to raise any o#*ection

whatsoe!er or howsoe!er

ARTICLE V 5 SALE AND TRANSFER

%.1 n consideration of the !arious amounts a"reed to #e paid #y the Purchaser and

su#*ect to Purchaser performin" and o#ser!in" all the conditions and

co!enants to #e performed and o#ser!ed on the part of the Purchaser, the

wner+8endor has a"reed to sell and transfer &A: P5P5T7 more fully


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and particularly mentioned and descri#ed in the &-: &B:;9

hereunder written.

%.2 The common parts and portions in the said -ew =uildin"s and+or Bousin"

omple shall #e such as shall #e necessary or #e reuired and as thou"ht fit

and determined #y the de!eloper for the #eneficial en*oyment of the said

Flat+;nit and the Properties Appurtenant Thereto and such common parts and

portions shall #e declared and+or identified #y the de!eloper only upon the

completion certificate is "ranted #y the ?ram Panchayat, =ishnupur ,

5a*arhat.

%.< The ri"ht of the Purchaser shall remain restricted to the said Flat+;nit and the

Properties Appurtenant Thereto and the Purchaser shall ha!e no ri"ht nor shall

any ri"ht o!er and in respect of any other ;nits and+or open spaces includin"

the roof which shall always #e deemed to ha!e !ested in the :e!eloper.

%.4 A-: T & B5=7 MP5&&97 A?5: A-: :9A5: #y and

#etween the parties hereto that the ri"ht of the Purchaser shall remain

restricted to the said Flat+;nit and in no e!ent the Purchaser shall #e entitled to

and here#y acnowled"es that they will ha!e no ri"ht o!er and in respect of

the eterior walls and+or corridors and+or other parts and portions of the -ew

=uildin"s and+or Bousin" omple.

ARTICLE VI 5 CONSIDERATION/PAYMENT

$.1 n consideration of the a#o!e the Purchaser has a"reed to pay to the

wner+8endor an a""re"ate sum of 5s. NNNNNNN..+ (5upees

NNNNNNNNNNNNNNNNNNN..) only (hereinafter referred to

as the TOTAL CONSIDERATION AMOUNT)

$.2 The said total consideration amount shall #e paid in the manner as pro!ided

for in the FOURTH SCHEDULEhereunder written #y the Purchaser to the

wner+8endor herein.

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$.< All payment shall #e made at the office of the wner+8endor a"ainst proper

and effectual receipts to #e pro!ided #y the wner+8endor or any person

authoriGed #y them.

$.4 n the e!ent of any default on the part of the Purchaser in main" payment of

any of the installments a"reed to #e paid #y the Purchaser to the

wner+8endor then and in that e!ent without pre*udice to any other ri"ht

which the wner+8endor may ha!e the wner+8endor shall #e entitled to

claim and the Purchaser shall #e lia#le to pay interest at the rate of 1@H

(i"hteen Per ent) percent per annum on the amounts remainin" outstandin".

$.% n addition to the said total consideration amount a"reed to #e paid #y the

Purchaser to the wner+8endor herein as herein#efore mentioned, the

Purchaser shall #e lia#le and ha!e o#li"ated themsel!es to mae payment of

!arious other amounts as and #y way of deposits and+or fied char"es which

will include the amounts on account of electricity deposits, formation of

association and other amounts (more fully and particularly mentioned and

descri#ed in the FFTB &B:;9 hereunder written).

-one of the aforesaid amounts to #e paid #y the Purchaser to the

wner+8endor as and #y way of deposits are refunda#le and the Purchaser

shall not #e entitled to and a"ree not to claim refund of the said amounts paid

and in the e!ent of non payment of the municipal rates and taes and

maintenance char"es then and in that e!ent the wner+8endor at its a#solute

discretion (thou"h not o#li"atory) shall #e entitled to ad*ust and appropriated

the same out of the said deposits.

$.$ All amounts paya#le in respect of such deposits shall #e paid #y the Purchaser

#efore tain" o!er possession of the Flat+;nit and in no e!ent the Purchaser

shall #e entitled to claim possession until such time the Purchaser ha!e made

full payment of the Total onsideration Amount includin" amounts to #e paid

on account of -on 5efunda#le :eposits and in addition the Purchaser a"rees

to mae payment of the char"es in respect ofL

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a) har"es for pro!idin" any additional wor in or relatin" to the said Flat at the

reuest of the Purchaser and for pro!idin" any additional facilities or utility

for the said Flat.

#) All #etterment fees taes and other le!ies char"es imposed #y the ?o!ernment

or any other authority relatin" to the said Properties and+or the said Flat+;nit

shall #e paid and #orne #y the Purchaser proportionate to her interest therein

and those relatin" only to the said Flat+;nit shall #e #orne solely and

conclusi!ely #y the Purchaser.

c) Proportionate share of any additional facility or amenity pro!ided for in the

said -ew =uildin"s for the #enefit of all the ;nit + Flat wners of the

5esidential Area.

d) &er!ice Ta K 5s.


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.2 onstruction, finishin" and main" 5e"istration of the &aid Property ha#ita#le

(1) in #are condition and (2) as per the &pecifications, the decision of the

Architect in this re"ard #ein" final and #indin"/, shall #e done #y the

wner+8endor within .............. months from the date of a"reement

(ompletion :ate) pro!ided howe!er the ompletion :ate may #e etended

#y a period of $ (&i) months (tended Period) at the option of the

wner+8endor.

t has #een epressly a"reed #y and #etween the parties hereto that unless

pre!ented #y circumstances #eyond the control of the seller the said -ew

=uildin" is liely to #e completed within the stated period, the said -ew

=uildin" shall #e deemed to ha!e #een completed if made fit for ha#itation

and certified so #y the Architect and in the e!ent of noncompletion of the said

-ew =uildin" within the said completion date, the wner+8endor shall fail to

complete the said ;nit then and in that e!ent the Purchaser shall #e entitled to

and the wner+8endor shall #e lia#le to pay compensation at the rate of 5s


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ARTICLE VIII5 POSSESSION

@.1 mmediately after the said Flat+;nit is ready and made fit for ha#itation (and

in this re"ard the decision of the Architect shall #e final and #indin") the

wner+8endor shall ser!e a notice on the Purchaser and within 0 days from

the date of such notice (hereinafter referred to as the POSSESSION DATE)

the Purchaser shall #e deemed to ha!e taen o!er possession of the said

Flat+;nit for the purpose of main" payment of the common epenses and

maintenance char"es P58:: BD85 in no e!ent the Purchaser shall

#e entitled to claim physical possession of the said Flat+;nit until such time

the Purchaser ha!e made full payment and+or deposited all the amounts

paya#le #y the Purchaser to the wner+8endor and the wner+8endor shall

not #e lia#le to deli!er possession of the said Flat+;nit until such time the

Purchaser ha!e made full payment of the amounts a"reed to #e paid #y the

Purchaser in terms of this A"reement.

@.2 =efore the date of possession of the said Flat+;nit the Purchaser a"rees and

co!enantsL

a) To pay to the wner+8endor and + or the de!eloper such amounts due and

paya#le on account of the consideration as mentioned in Fourth &chedule

hereto and the proportionate costs of all payments made for etra common

facilities to #e pro!ided to all occupiers of the said =uildin"s.

#) To deposit amounts free of interest with the wner+8endor+de!eloper for the

purpose and su#*ect to the conditions mentioned in Part and Part of the

Fifth &chedule hereunder written.

@.< From the :ate of Possession the Purchaser shall #e lia#le to and a"ree to pay

and contri#ute the proportionate share of 3unicipal+Panchayet rates, multi

storied taes and other taes, maintenance and ser!ice char"es and all other

out"oin"s paya#le presently or which may #e imposed or le!ied in future in

respect of the said Flat+;nit and proportionately for the whole #uildin"s and

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Properties re"ularly and punctually whether actual physical possession of the

said Flat+;nit is taen or not #y the Purchaser.

@.4 n no e!ent the Purchaser shall #e entitled to ha!e any claim a"ainst the

wner+8endor and the de!eloper if the said -ew =uildin"s and the said

Flat+;nit are not completed within the completion date, if the wner+8endor

and de!eloper is pre!ented from any circumstances #eyond the control of the

wner+8endor and de!eloper and the certificate of the Architect in this re"ard

shall #e final and conclusi!e and #indin" on the parties.

ARTICLE I65 HOUSE RULES/USER AND OTHER OBLIGATION

.1 ;pon full payment of all the amounts a"reed to #e paid #y the Purchaser to the

wner+8endor in terms of this a"reement the Purchaser shall #e put in

possession of the said Flat+;nit+&aid Property.

.2 As from the date of possession of the said Flat+;nit the Purchaser a"rees and

co!enants

(a) To cooperate with the other coPurchaser and the wner+8endor and the

de!eloper in the mana"ement and maintenance of the said -ew =uildin"s.

(#) To o#ser!e the rules framed from time to time #y the de!eloper and upon the

formation of the Boldin" r"anisation #y such Boldin" r"anisation.

(c) To use the said Flat+;nit for residential purposes and not for other purposes

whatsoe!er without the consent in writin" of the wner+8endor and de!eloper.

(d) To allow the wner+8endor+:e!eloper with or without wormen to enter into

the said Flat+;nit for the purpose of maintenance and repairs #ut only with 4@

hours prior notice in writin" to the Purchaser.

(e) To pay and #ear the common epenses and other out"oin"s and epenses since

the date of possession and also the rates and taes for the said Flat+;nit and

proportionately for the -ew =uildin"s and+or common parts+areas and wholly

for the said Flat+;nit and+or to mae deposits on account thereof in the manner

mentioned hereunder to the de!eloper and upon the formation of the Boldin"

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Association to such Boldin" r"anisation. &uch amount shall #e deemed to #e

due and paya#le on and from the date of possession whether physical

possession of the said Flat+;nit has #een taen or not #y the Purchaser. The

said amounts shall #e paid #y the Purchaser without raisin" any o#*ection

thereto re"ularly and punctually within 2 hours to the de!eloper and upon

formation of the Boldin" r"anisation to such Boldin" r"anisation.

(f) To deposit the amounts reasona#ly reuired with the de!eloper and upon the

formation of the Boldin" r"anisation with such Boldin" r"anisation

towards the lia#ility for rates and taes and other out"oin"s.

(") To pay char"es for electricity in or relation to the said Flat+;nit wholly and

proportionately relatin" to the common parts.

(h) -ot to su#di!ide the said Flat+;nit and+or the Parin" &pace if allotted or any

portion thereof.

(i) -ot to do anythin" or pre!ent the de!eloper from main" further or additional

le"al constructions within @ A.3. to $ P.3. within any worin" day

notwithstandin" any temporary disruption in the PurchaserJ en*oyment of the

said Flat+;nit.

(*) To maintain or remain responsi#le for the structural sta#ility of the said

Flat+;nit and not to do anythin" which has the effect of affectin" the structural

sta#ility of the #uildin"s.

() -ot to do or cause anythin" to #e done in or around the said Flat+;nit which

may cause or tend to cause or tantamount to cause or effect any dama"e to any

floorin" or ceilin" of the said Flat+;nit or ad*acent to the said Flat+;nit or in

any manner interfere with the use and ri"hts and en*oyment thereof or any

open passa"es or amenities a!aila#le for common use.

(l) -ot to dama"e demolish or cause to dama"ed or demolished the said Flat+;nit

or any part thereof or the fittin"s and fitures affied thereto.

(m) -ot to close or permit the closin" of !erandahs or loun"es or #alconies and

lo##ies and common parts and also not to alter or permit any alteration in the

ele!ation and outside colour scheme of the eposed walls of the 8erandahs

loun"e or any eternal walls or the fences of eternal doors and windows

includin" "rills of the said Flat+;nit which in the opinion of the de!eloper

differs from the colour &cheme of the #uildin"s or de!iation or which in the

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opinion of the de!eloper may affect the ele!ation in respect of the eterior

walls of the said #uildin"s.

(n) -ot to install "rills the desi"n of which ha!e not #een su""ested and appro!ed

#y the Architect.

(o) -ot to do or permit to #e done any act or thin" which may render !oid or

mae !oida#le any insurance in respect of the said Flat+;nit or any part of the

said #uildin"s or cause increased premium to #e paya#le in respect thereof if

the #uildin"s is insured.

(p) -ot to mae in the said Flat+;nit any structural additional and+or alterations

such as #eams columns partition walls etc or impro!ements of a permanent

nature ecept with the prior appro!al in writin" of the de!eloper and with the

sanction of the authorities concerned as and when reuired.

() -ot to use the said Flat+;nit or permit the same to #e used for any purposes

whatsoe!er other than residential purpose and shall not use for the purpose

which may or is liely to cause nuisance or annoyance to co

Purchaser+occupiers of the other portions of the said #uildin"s or #uildin"s to

the owners and occupiers of the nei"h#ourin" Properties or for any ille"al or

immoral purpose or as a =oardin" Bouse, ?uest Bouse, lu# Bouse, -ursin"

Bome, amusement or ntertainment entre, atin" or aterin" Place,

:ispensary or a 3eetin" Place or for any commercial or industrial acti!ities

whatsoe!er.

(r) &imilarly shall not eep in the parin" place anythin" other than pri!ate motor

car or motor cycle and shall not raise or put up any utcha or pucca

constructions "rilled wall or enclosure thereon or part thereof and shall eep it

always open as #efore. :wellin" or stayin" of any person or #locin" #y

puttin" any articles shall not #e permitted.

(s) -ot to use or permit to #e used the allocated parin" space for any other

purpose whatsoe!er other than parin" of her own car.

(t) -ot to par car on the pathway or open spaces of the #uildin"s at any other

place ecept the space allotted to them and shall use the pathways as would #e

decided #y the de!eloper.

u) -ot to chan"e or put any clothes in or upon the windows #alconies and other

portions which may #e eposed in a manner or #e !isi#le to the outsiders.

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(!) To a#ide #y such #uildin"s rules and re"ulations as may #e made applica#le

#y the de!eloper #efore the formation of the Boldin" r"anisation and after

the Boldin" r"anisation is incorporated to comply with and+or adhere to the

#uildin"s rules and re"ulations of such holdin" or"anisation.

HOUSE RULES!

(1) The lo##ies, entrances and stairways of the =uildin"s shall not #e o#structed

or used for any purpose other than in"ress to and e"ress from the Flat+;nit in

the =uildin"s.

(2) hildren shall not play in the pu#lic halls, stairways or ele!ators.

(


19/38

(@) Daterclosets and other water apparatus in the =uildin"s shall not #e used for

any purpose other than those for which they were constructed nor shall any

sweepin"s, ru##ish, ra"s or any other article #e thrown into the same. Any

dama"e resultin" from misuse of an off waterclosets or apparatus shall #e

paid for #y the Flatowner in whose apartment it shall ha!e #een caused.

() -o #ird or animal shall #e ept or har#oured in the common areas of the

=uildin"s. n no e!ent shall do"s and other pets #e permitted on ele!ators or in

any of the common portions of the =uildin"s unless accompanied.

(10) -o radio or tele!ision aerial shall #e attached to or hun" from the eterior of

the #uildin"s.

(11) ?ar#a"e and refuse from the apartments shall #e deposited in such place only

in the =uildin"s and at such time and in such manner as the superintendent of

the =uildin"s may direct.

(12) -o !ehicle #elon"in" to Purchaser or to a mem#er of the family or "uest, su#

tenant or employee of a lessee shall #e pared in the open space or in such

manner as to impede or pre!ent ready access to the entrance of the =uildin"s

#y another !ehicle.

(1


20/38

only and proportionately for the #uildin"s as a whole. The statement of

account of the apportionment of the char"es as prepared #y the de!eloper shall

#e conclusi!e and final. The Purchaser shall not #e entitled to dispute or

uestion the same pro!ided that the #illin" is reasona#le. n the e!ent of the

transfer of the mana"ement and administration of the said #uildin"s to the

Boldin" r"anisation in terms of these presents the employees of the

de!eloper such as watchmen, security staff, liftmen etc. shall #e employed

and+or a#sor#ed in the employment of such Boldin" r"anisation with

continuity of ser!ice and on the same terms and conditions of employment

with the owner+!endor, de!eloper and the Purchaser shall not #e entitled to

raise any o#*ection thereto and here#y consents to the same.

(c) After the formation of the Boldin" r"anisation the Purchaser shall pay such

amounts for the aforesaid purpose as may #e fied and determined #y the

Boldin" r"anisation.

(d) &o lon" as each Flat+;nit in the said Properties shall not #e separately mutated

and separated the Purchaser shall pay the proportionate share of all rates and

taes assessed on the whole Properties includin" the char"es for loss of

electricity while in transmission to the de!eloper from the date of possession.

&uch proportion is to #e determined #y the de!eloper on the #asis of the area

of such Flat+;nit in the said =uildin"s.

(e) f the Purchaser fails to pay the aforesaid epenses or part thereof within time

as aforesaid the Purchaser shall #e lia#le to pay interest at the rate of 2H per

month and further that if any interest remains unpaid for sity days, the

de!eloper or upon formation of Boldin" r"anisation. &uch Boldin"

r"anisation shall #e at li#erty to disconnect and+or suspend all common

ser!ices attached to the PurchaserJ Flat+;nit such as water supply, electricity

connection, use of lifts, central antenna, etc. till such dues with interest are

paid and shall also #e lia#le to pay the common epenses for such suspension

period as well as reconnection char"es.

ARTICLE 6 5 HOLDING ORGANISATION

10.1 mmediately after the completion of the said -ew =uildin"s and+or Bousin"

omple and the possession is made o!er to the flat owners in the said -ew

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=uildin"s and+or Bousin" omple the de!eloper shall form or cause to #e

formed an Association or a &ociety or &yndicate of the flat owners in the said

Bousin" omple (hereinafter called the HOLDING ORGANISATION)

with such rules and re"ulations as shall #e determined #y the Ad!ocates and

&olicitors of the de!eloper.

10.2 The Purchaser shall #ecome a mem#er of the Boldin" r"anisation and

here#y a"ree to a#ide #y the rules and re"ulations which shall #e framed #y

the said Boldin" r"anisation for the #enefit of all the mem#ers of the said

Boldin" r"anisation.

10.< The Purchaser shall #e lia#le and a"rees to a#ide #y such further house rules

as may #e made applica#le #y the said Boldin" r"anisation.

10.4 As and when the said Boldin" r"anisation is formed, the Purchaser shall

#ecome a mem#er of such Boldin" r"anisation and without #ecomin" a

mem#er of such Boldin" r"anisation shall not #e entitled to a!ail of the

!arious facilities and+or utilities at the said Properties.

ARTICLE 6I 5 MANAGEMENT 7 SINKING FUND

11.1 The Purchaser shall #e lia#le and ha!e o#li"ated themsel!es to re"ularly and

punctually mae payment of the proportionate share of common maintenance

char"es and until such time the said Boldin" r"anisation is formed the

de!eloper shall pro!ide the common ser!ices and+or facilities su#*ect to the

Purchaser re"ularly and punctually main" payment of the proportionate share

of common maintenance char"es.

11.2 FA9T7 3A-A?5 O The de!eloper shall #e entitled to appoint a Facility

3ana"ement ompany (hereinafter referred to as the FA9T7 3A-A?5)

on such terms and conditions as the de!eloper in its a#solute discretion may

deem fit and proper for tain" care of the common parts and portions and in

addition to the common maintenance char"es paya#le #y the Purchaser the

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Purchaser shall also #e lia#le to mae payment of the proportionate amount

which may #ecome paya#le to such Facility 3ana"er

11.< At or #efore enterin" into this a"reement it has #een epressly communicated

to the Purchaser that the said Bousin" omple is to #e ept and retained as a

decent residential housin" comple and as such to a!oid any contro!ersy in

future and also for ensurin" that proper maintenance and upeep of the said

housin" comple it has #een a"reed that the Purchaser shall eep in deposit a

amount as may #e determined #y the de!eloper in their a#solute discretion

towards &inin"+5eser!e Fund, mentioned #elow in the FFTB &B:;9,

which shall #e held free of interest #y the de!eloper and upon the formation

of the &ociety+Association+Boldin" r"aniGation+&yndicate (B9:-?

5?A-&AT-) made o!er to the Boldin" r"aniGation which shall #e

entitled to in!est the same in such securities and in such manner as the

Boldin" r"anisation may thin fit and apply the income for the purpose of

meetin" the epenses which may #e necessary or reuired or the purpose of

repairs maintenance security and upeep of the #uildin"s and such deposit

towards such sinin"+ reser!e fund shall not a#sol!e the Purchaser of her

o#li"ation for the payment or contri#ution for periodical maintenance and

other char"es.

ARTICLE 6II 5 CLUB FACILITIES

12.1 For the #enefit of the flat owners of the said housin" comple the de!eloper

intends to pro!ide clu# facilities and such clu# facilities will #e pro!ided in a

di!ided and demarcated portion of the said Bousin" omple (hereinafter

referred to as the CLUB FACILITIES)

12.2 The Purchaser shall #e o#li"ated to #ecome a mem#er of the said lu# upon

payment of a sum to #e calculated at the rate of 5s. %0+ (5upees Fifty per

s.ft.) on the total super #uiltup area formin" part of the Flat+;nit and the

Properties Appurtenant Thereto intended to #e acuired #y the Purchaser and

the said Amount will #ecome paya#le #y the Purchaser to the de!eloper in the

followin" manner L

22


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%0H At or #efore eecution of this a"reement

%0H At or #efore tain" o!er possession of the said Flat.

12.< The Purchaser and the direct mem#ers of her family shall #e entitled to mae

use of the said lu# upon main" payment of the monthly su#scription as may

#ecome paya#le and also su#*ect to the Purchaser a#idin" #y the rules and

re"ulations of user as may #e made applica#le #y the Boldin" r"anisation

upon its formation and prior thereto #y the de!eloper.

12.4 The said lu# Facilities will include

a) &wimmin" Pool

#) 3ini Pool for children

c) ndoor ?ames 5oom

d) Air conditioned community hall

e) Air conditioned "uest room

f) ndoor "ymnasium

12.% The aforesaid facilities shall #e of such siGe and of such dimensions as the

de!eloper in its a#solute discretion shall deem fit and proper.

12.$ n the e!ent of the Purchaser and+or the direct mem#ers of her family main"

use of the Air onditioned ommunity hall and+or the Air onditioned ?uest

5oom the Purchaser shall #e lia#le to mae payment of the char"es for user

thereof as may #e determined #y the Boldin" r"anisation upon its formation

and prior thereto #y the de!eloper.

ARTICLE 6III5DOCUMENTATION AND PROFESSIONAL CHARGES

1


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1


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!ii) Any prohi#itory order from the court, 3unicipal orporation+Panchayet

authority and other authorities.

!iii) Any other una!oida#le circumstances #eyond control of the wner+8endor.

ARTICLE 6VI 5 MISCELLANEOUS

1$.1 t is here#y epressly a"reed and declared that the dominant of the parties

hereto is to sell and transfer the said Flat+;nit to the Purchaser in terms of this

a"reement and it is not the intention for this a"reement, #e construed to mean

in the self renderin" any ser!ices.

1$.2 The ri"ht of possession of the Purchaser in respect of the said Flat+;nit shall

arise only upon the Purchaser fulfillin" all the o#li"ations as are contained in

this a"reement.

1$.< The Purchaser shall not #e entitled to transfer, let out, mort"a"e, "rant lease in

respect of the said Flat+;nit without the consent in writin" of the

wner+8endor till such time the Purchaser ha!e fulfilled all the o#li"ations

and the possession of the said Flat+;nit ha!e #een o#tained #y the Purchaser.

1$.4 t is a"reed that the Purchaser within the 12 months from the date hereof is not

entitled to assi"n and+or transfer her ri"hts under this A"reement relatin" to the

said Flat+;nit to any party includin" the wner+8endor.

1$.% -3-AT- t is a"reed that in the e!ent the Purchaser intends to assi"n

and+or transfer her ri"hts relatin" to the said Flat+;nit under this a"reement

shall #e entitled to do so with the consent of the wner+8endor only after

epiry of a period of twel!e months from the date of eecution of this

A"reement upon main" payment of 1H of the consideration amount, paid #y

the Transferee to the Transferor, and the said amount shall #e paid #y the

Transferor to the wner+8endor as and #y way of -omination osts and

o#tainin" an undertain" from the Transferee that he+she shall a#ide #y all the

terms and conditions of this A"reement.

2%


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1$.$ At or #efore enterin" into this A"reement the Purchaser has made herself

aware that a part or portion of the said ntire Premises comprises of a Pond

(hereinafter referred to as the P-:) which is open to the pu#lic at lar"e and

in no e!ent the Purchaser or any person claimin" throu"h them shall #e

entitled to raise any o#*ect in the said pond #ein" used #y the pu#lic at lar"e.

1$. 5&58: 5?BT& O The followin" ri"hts ha!e #een reser!ed #y the

de!eloper L

i) The ri"ht to use or permit to #e used all the eterior walls includin" the 5oof

of the !arious #uildin"s for display of hoardin"s

ii) the ri"ht to use or permit to #e used all the eterior walls and the 5oof of the

!arious #uildin"s for the purpose of puttin" up neon si"n and other

ad!ertisement material

iii) The ri"ht to use or permit to #e used the outer walls and 5oof of the !arious

#uildin"s for such purpose as the de!eloper may in its a#solute discretion

without any o#*ection from the Purchaser or any person claimin" throu"h or

under it

1$.@ The ri"ht of the Purchaser shall remain restricted to the said Flat+;nit and in

no e!ent the Purchaser shall #e entitled and here#y a"ree not to claim any ri"ht

in respect of the other parts or portions of the said #uildin"s and the said

Properties or any part or portion thereof.

1$. t is here#y a"reed and clarified that the ri"ht of the Purchaser shall remain

restricted to the said Flat+;nit and proportionate share in all common parts

portions areas and facilities and the Purchaser shall not entitled to claim any

ri"ht o!er and in respect of the other portions of the said Properties or the

#uildin"s and in the e!ent of the &eller decidin" to mae any further

constructions on any other parts and portions of the said Properties the

Purchaser shall a"ree not to raise any o#*ection.

1$.10 ceptin" for certain portions of the roof which may ha!e certain installations

the remainin" part of the said 5oof shall remain as the a#solute property of the

2$


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de!eloper and the de!eloper shall #e entitled to deal with the same in its

a#solute discretion.

1$.11 The =uildin"s at the said Properties and+or the said housin" comple shall #e

nown #y the name of 5A3&DA5A DAT5 8D and the said name shall

not #e chan"ed under any circumstances.

1$.12 The Purchaser shall #e lia#le and a"rees to mae payment of the amounts

paya#le on account of the &er!ice Ta+ &ales Ta without raisin" any o#*ection

whatsoe!er or howsoe!er.

1$.1< The Purchaser shall #ear and pay for the &tamp :uty and re"istration char"es.

t shall #e the responsi#ility of the Purchaser to "et this A"reement re"istered

and the wner+8endor will appear #efore the authorities for admittin" the

re"istration of the A"reement. The Purchaser shall #e lia#le to pay the &tamp

:uty and re"istration char"es for the eecution and re"istration of the :eed of

on!eyance.

1$.14 This A"reement is personal and the Purchaser shall not #e entitled to transfer

let out mort"a"e "rant lease in respect of the said Flat+;nit without the consent

in writin" of the wner+8endor until such time the full amount of

consideration ha!e #een paid #y the Purchaser to the wner+8endor and the

Purchaser performin" and o#ser!in" all the other terms and conditions herein

contained and on the part of the Purchaser to #e performed and o#ser!ed

P58:: BD85 after the full payment of the entire consideration

amount the Purchaser shall #e entitled to let out, "rant, lease and+or mort"a"e

and+or in any way deal with the said Flat+;nit for which no further consent of

the wner+8endor shall #e reuired.

1$.1% The ri"ht of the Purchaser shall remain restricted to the said Flat+;nit and in

no e!ent the Purchaser shall #e entitled and here#y a"ree not to claim any ri"ht

in respect of the other parts or portions of the said #uildin"s and the said

Properties.

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1$.1$ For the purpose of acuirin" the said Flat+;nit in the aforesaid =uildin"s the

Purchaser will #e entitled to apply for and o#tain financial assistance from

#ans and other financial institutions #ut in no e!ent the wner+8endor will #e

lia#le or assume any lia#ility for such loans and "rantin" of any loan will

always #e su#*ect to the terms and conditions herein contained.

1$.1 The wner+8endor and the Purchaser ha!e entered into this A"reement purely

on principal to principal #asis and nothin" stated herein shall #e deemed to

constitute a partnership #etween the wner+8endor and the Purchaser or to #e

construed as a *oint !enture or *oint !entures #etween the Purchaser and the

wner+8endor nor shall the wner+8endor and the Purchaser constitute an

association of persons. &uch party shall eep the other party duly indemnified

from and a"ainst the same.

1$.1@ This A"reement contains the entire A"reement of the parties and no oral

representation or statement shall #e considered !alid or #indin" upon either of

the parties nor shall any pro!ision of this A"reement #e terminated or wai!ed

ecept #y written consent #y #oth the parties. The Purchaser acnowled"es

upon si"nin" this a"reement, conditions, stipulation, representations

"uarantees or warranties ha!e #een made #y the wner+8endor other than

what is specifically set forth herein. n the e!ent of any of the clauses

#ecomin" !oid and+or unenforcea#le then and in that e!ent the other clauses

such sur!i!e.

1$.1 This A"reement supersedes all other a"reements arran"ements, understandin"

or #rochure and in no e!ent the Purchaser shall #e entitled to set up any oral

A"reement.

1$.20 The Purchaser has a"reed to eep in deposit an amount as and #y way of

&inin" Fund + :e!elopment Fund with the de!eloper+Boldin" r"anisation

as herein#efore pro!ided and such amount to #e utilised and+or is liely to #e

utilised for meetin" any capital ependiture which may #e necessary and+or

reuired for the #enefit of all the Purchaser of the !arious flats units

apartments of the said =uildin"s at the said Properties.

2@


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ARTICLE 6VII7 NOTICE

1.1 All notices to #e ser!ed hereunder #y either of the parties to the other shall #e

deemed to ha!e #een ser!ed on the 4thday of the date the same has #een

deli!ered for despatch to the postal authority #y re"istered post with

acnowled"ement due at the last nown address of the parties hereto.

ARTICLE 6VIII 7 ARBITRATION

[email protected] All disputes and differences #etween the parties hereto re"ardin" the

construction or interpretation of any of the terms and conditions herein

contained or touchin" these presents or determination of any lia#ility shall #e

referred to the ar#itration in accordance with the pro!isions of the Ar#itration

and conciliation Act 1$ or any other modification or enactment thereto for

the time #ein" in force.

[email protected] The wner+8endor and the Purchaser shall not commence le"al proceedin"s

or to ha!e any 5ecei!er appointed in the said Properties or the said #uildin"s

unless the same is first referred to ar#itration and the Ar#itrator has "i!en his

award.

1@.< The Ar#itrators shall ha!e summary powers.

[email protected] The Ar#itrators shall ha!e the ri"ht to "i!e interim awards and directions.

ARTICLE 6I65 JURISDICTION

1.1 ourts at 'olata alone shall ha!e *urisdiction to entertain and try all actions

suits and proceedin"s arisin" out of this A"reement.

THE FIRST SCHEDULE ABOVE REFERRED TO

DESCRIPTION OF TOTAL LAND1

2


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A99 TBAT the piece and parcel of an amal"amated plot of land measurin" 44

:ecimals eui!alent to 4.4 Acres more or less comprised in 5.&.+9.5. :a" -os. 2, %,

$ 6 10 under 5.&. 'hatian -os. 20%1, 2041, 204%, 20' $?' $ 2"((2' ?+' + 2' +- S0' B"2( U0 $'$, consistin" ............ =ed

5ooms, ne 9i!in"cum:inin", ne 'itchen, .......... Toilets 6 .......... =alconies

A-: A9& piece and parcel of one o!ered ar &pace, on the G+#) F2++ of

B2+*: N+. ;, measurin" .................. S' $?' $ 2"((2' ?+' + 2' +-

S0' B"2( U0 $'$, lyin" and situated in the said #uildin" comple namely

RAMESWARA WATER VIEW, at 5a*arhat, 'olata ..........................,

constructed upon the land descri#ed in the First &chedule hereina#o!e to"ether with

undi!ided proportionate share of land, common common amenities, common facilities

of the said #uildin" comple.

THE THIRD SCHEDULE ABOVE REFERRED TO

COMMON PARTS AND PORTIONS1


31/38

1. The foundation, columns, #eams, support, corridors, lo##ies, stairs, stairways,

landin"s, entrances, eits and pathways.

2. :rains and sewers from the Properties to the Panchayet+3unicipal :uct.


32/38

Total onsideration for &aid Property 5s. .......................

P$( 7 II

n or #efore A"reement 5s. .......................

n 6 within ........................................ 5s. .......................

n 6 within ........................................ 5s. .......................

n 6 within ........................................ 5s. .......................

n 6 within ........................................ 5s. .......................

n 6 within ........................................ 5s. .......................

n Possession + 5e"istration 5est Amount/ 5s. .......................

GRAND TOTAL ! 5s. .......................

THE FIFTH SCHEDULE ABOVE REFERRED TO

DEPOSITS1

At or #efore tain" o!er the possession the Purchaser shall deposit the followin"

amounts which are not refunda#le and to #e #orne and paid #y the Purchaser on or

#efore the payment of the last installment are as followsL

(a) &inin" Fund L 5s 1% per s. ft. on har"ea#le area or &uper =uilt up Area

(#) 3aintenance har"es and Property TaesL eui!alent to $ months K 5s 12+

s.ft on har"ea#le area or &uper =uilt up area.

(c) osts and char"es for main" arran"ements to "i!e B.T+9.T. connection from

D=&: to the PremisesL 5s 40 per s.ft on har"ea#le area or &uper =uilt

up area

(d) Pro!idin" power supply from ?eneratorL 5s 20000 for 1 '8A and for

additional load 5s 20000 per '8A

(e) :ocumentation har"esL 5s 1%000+ paya#le in the followin" mannerL


33/38

5s.%00+ n or #efore eecution of this a"reement

5s.%00+ n or #efore tain" o!er possession of the ;nit.

(f) ?as onnectionL De are main" arran"ements and will soon intimate to you

the costs paya#le.

(") Association+ Boldin" ompanies+ ooperati!es 5s. 2 per s.ft. on har"ea#le

area or &uper =uilt up area.

(h) Any transfer fee+ panchayat ta on actuals.

THE SI6TH SCHEDULE ABOVE REFERRED TO

MAINTENANCE CHARGES1

To #e #orne and paid #y the Purchaser to the :e!eloper+wner+8endor at K 5s.2+

( two) per s. ft. per month within the day of e!ery n"lish calendar month alon"

with applica#le ser!ice taes.

1. 5epairin" re#uildin"s repaintin" impro!in" or other treatin" as necessary and

eepin" the property and e!ery eterior part thereof in "ood and su#stantial

repairs order and condition and renewin" and replacin" all worn or dama"ed

parts thereof.

2. Paintin" with uality paint as often as may (in the opinion of the Boldin"

r"anisation) #e necessary and in a proper and wormanlie manner all the

wood metal stone and other wor of the property and the eternal surfaces of

all eterior doors of the =uildin"s and decoratin" and colourin" all such parts

of the property as usually are or ou"ht to #e.


34/38

4. 'eepin" the pri!ate road in "ood repair and clean and tidy and ed"ed where

necessary and clearin" the pri!ate road when necessary.

%. Payin" a fair proportion of the cost of clearin" repairin" instatin" any drains

and sewers formin" part of the property.

$. Payin" such worers as may #e necessary in connection with the upeep of the

property.

. nsurin" any riss.

@. leanin" as necessary the eternal walls and windows (not formin" part of any

Flat+;nit) in the property as may #e necessary eepin" cleaned the common

parts and halls passa"es landin" and stair cases and all other common parts of

the #uildin"s.

. leanin" as necessary of the areas formin" parts of the property.

10. peratin" maintainin" and (if necessary) renewin" the li"htin" apparatus from

time to time of the maintained property and pro!idin" such additional li"htin"

apparatus as the de!eloper may thin fit.

11. 3aintainin" and operatin" the lifts.

12. Pro!idin" and arran"in" for the emptyin" receptacles for ru##ish.

1


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de!elopment or any part thereof so far as the same is not the lia#ility of or

attri#uta#le to the flat of any indi!idual lessee of any Flat+;nit.

1%. ?enerally mana"in" and administerin" the de!elopment and protectin" the

amenities in the #uildin"s and for that purpose employin" and contractor and

enforcin" or attemptin" to enforce the o#ser!ance of the co!enants on the part

of any occupants of any of the Flats+;nits.

1$. mployin" ualified accountant for the purpose of auditin" the accounts in

respect of the maintenance epenses and certifyin" the total amount thereof

for the period to which the account relates.

1. omplyin" with the reuirements and directions of any competent authority

and with the pro!isions of all statutes and all re"ulations orders and #yelaws

made thereunder relatin" to the #uildin"s eceptin" those which are the

responsi#ility of the owner+occupier of any Flat+;nit.

1@. Administerin" the mana"ement company staff and complyin" with all rele!ant

statutes and re"ulations and orders thereunder and employin" suita#le persons

or firm to deal with these matters.

1. The pro!ision for maintenance and renewal of any other euipment and the

pro!ision of any other ser!ice which in the option of the 3ana"ement

company+Boldin" r"anisation it is reasona#le to pro!ide.

20. n such time to #e fied annually as shall #e estimated #y the Boldin"

r"anisation (whose decision shall #e final) to pro!ide a reser!e fund for

items of ependiture referred to this schedule to #e or epected to #e incurred

at any time.

21. The said reser!e fund shall #e ept in separate account and the interest thereon

or income from the said fund shall #e held #y the Boldin" r"anisation for of

the owners of the Flats+;nits and shall only #e applied in accordance with


36/38

unanimous or ma*ority decision of the mem#ers of the Boldin" r"anisation

and with the terms of this &chedule.

22. Also for the maintenance and #eautification of the Pond.

THE SEVENTH SCHEDULE ABOVE REFERRED TO

SPECIFICATIONS1

&tructure L 5 &tructure

nternal Dalls L Plaster of Paris

:oors L Flush door with accessories

Dindows L Aluminium windows

Floorin" L 9i!in" 5oom and =ed 5oom 8itrified Tiles

&anitary Dare L P fittin" of a reputed mae, white porcelain sanitary ware

'itchen L ?ranite platform with stainless steel sin. :ado of ceramic tiles

2ft a#o!e platform.

Toilet L :ado of ceramic tiles upto door hei"ht

lectricals L A point in #edroom and 9i!in" room, concealed copper

wirin", 3odular switches,

Telephone 6 T8 Dirin" L in =ed room and 9i!in" room

Plum#in" L oncealed pipelines usin" standard materials

terior L ommon area O 8itrified tiles, weather shield paint

le!ator L f a reputed mae.

IN WITNESS WHEREOF the parties hereto ha!e hereunto set and su#scri#ed their

respecti!e hands and seals on the day, month and year first a#o!e written.

SIGNED, SEALED AND DELIVERED

#y the parties at 'olata


37/38

n presence of L

1.

?haneshwar Prasad A"arwal

Ashay 'umar A"arwal

>ai 'rishna A"arwal

&heela A"arwal

All are Partners of

=aldeo =usiness enter

O4#'/V'#)+

P*>$'

MONEY RECEIPT

5ecei!ed on or #efore eecutin" this A"reement, R. .......................

R0'' ...................................................

....................................................1 +#23as part of the total consideration of the said

property morefully mentioned in the &econd &chedule herein a#o!e written, from the

a#o!e named purchaser, as per money receipt "i!en to the purchaser.

C>' A?+#(

W"(#'' !7

1.

?haneshwar Prasad A"arwal


38/38

2.

Ashay 'umar A"arwal

>ai 'rishna A"arwal

&heela A"arwal

All are Partners of

=aldeo =usiness enter

O4#'/V'#)+

Documents

PC1_Draft Sale Agreement Waterview.doc