FINAL Final Agreement For Sale Brizeal 24 07 2017 Final For Cli...

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Draft without prejudice 1

THIS AGREEMENT FOR SALE made at Mumbai this


______ day of _____ in the Christian Year Two Thousand
EIGHTEEN (2018) BETWEEN BRIZEAL REALTORS &
DEVELOPERS LLP, a limited liability partnership Firm,
constituted and registered under the Limited Liability Partnership
Act, 2008, having its registered office at 173/174, Sejal Encasa, S.
V. Road, Kandivali (West), Mumbai 400 067, hereinafter referred
to as “the Promoters” (which expression shall, unless it be
repugnant to the context or meaning thereof, be deemed to mean
and include the present partner and/or partners and/or those who
may be taken in and/or admitted as partner and/or partners and
their respective heirs, legal representatives, executors,
administrators and assigns) of the ONE PART;

AND

MR./MS./M/S. _________________________, residing/ having


address at____________________________________________
____________________________________________________
____________________________________________________
hereinafter referred to as “the Purchaser/s” (which expression
shall, unless it be repugnant to the context or meaning thereof, be
deemed to mean and include, in case of Individual/s, his/her/their
respective heirs, executors, administrators, permitted assigns; in
case of a Partnership Firm, the partners for the time being
constituting such Firm and the survivors of them and the heirs,
executors, administrators of the last surviving partner; and in case
of a Company, the successors and permitted assigns) of the
OTHER PART:

WHEREAS:

a. (i) One Raghunath Sadashiv Patil was the Original


Owner of an agricultural land bearing Survey
No.47, Hissa No.8, admeasuring 4 ¼ Gunthas and
as per the Kami Jast Patrak, the said Survey No.
47, Hissa No.8, is given the corresponding
C.T.S.No.817 of Village Kandivali, Taluka Borivali
Mumbai Suburban District Mumbai and having an
Draft without prejudice 2

area admeasuring 413.1 sq. meters, as per


property card (hereinafter referred to as the said
First Land).

(ii) As recorded in the Mutation Entry No. 342, the said


Raghunath Sadashiv Patil died on 23rd November,
1939 and the name of his son namely, Atmaram
Raghunath Patil was entered in the Record of
Rights of the said First Land.

(iii) As recorded in the Mutation Entry No.1157, the


said Atmaram Raghunath Patil died on 9th October,
1961 leaving behind him his wife namely,
Annapurnabai Atmaram Patil and two sisters
namely, Gulab Raghunath Patil and Kesar
Krushnarao Kadwe as his only legal heiresses and
accordingly their names were entered in the Record
of Rights of the said First Land.

(iv) As recorded in the Mutation Entry No.1159, the


said First Land was acquired by the Mumbai
Municipality Industrial Estate vide an Award bearing
No.85/30 /3/1964 in Case No.LAQ/ 102/53 and
accordingly name of Mumbai Municipality Industrial
Estate was entered in the Record of Rights of the
said First Land.

(v) The Property Card in respect of the said First Land


also stands in the name of Mumbai Mahanagar
Palika.

b. (i) One Lawrence Francis Mendis was the Original


Owner of an agricultural land bearing Survey
No.47, Hissa No.9, admeasuring 1 Guntha and as
per the Kami Jast Patrak, the said Survey No. 47,
Hissa No.9, is given the corresponding C.T.S.
No.818 of Village Kandivali, Taluka Borivali Mumbai
Suburban District Mumbai and having an area
admeasuring 203 sq. meters, as per property card
(hereinafter referred to as the said Second Land).
Draft without prejudice 3

(ii) As recorded in the Mutation Entry No.1364, the


said Lawrence Francis Mendis died on 13th
November, 1970 leaving behind him his wife
namely, Smt. Anubai as his only legal heiress and
accordingly, her name was entered in the Record of
Rights of the said Second Land.

(iii) As recorded in the Mutation Entry No.1554, the


said Smt. Anubai Lawrence Mendis died on
15/08/1987 without any issue and therefore the
names of her nearest relatives and legal heirs i.e.
Ansel Francis Mendis, Enas Francis Mendis, Anton
Francis Mendis and Gabriel Francis Mendis, were
entered in the Record of Rights of the said Second
Land.

(iv) As mutated in the Mutation Entry No.1586, after the


death of Anubai Lawrence Mendis and in view of
the Suit No. 32 of 1989 in Testamentary Petition
No.254 of 1989 in respect of the Will dated 15th
August, 1987,the consent terms came to be filed
therein and in accordance with the same an order
dated 29th June, 1990 was passed and in view
thereof an order bearing No.637/93 dated 3rd May,
1993 was passed by the Mamlatdar and
accordingly the names of Heaven Ansel Mendis,
Erick Ansel Mendis and Jordan Ansel Mendis were
entered and the names recorded vide Mutation
Entry No.1554, were deleted from records of rights
of the said Second Land.

(v) As recorded in the Mutation Entry No.1684, the


said Jordan Ansel Mendis died on 6th August, 1995
leaving behind him his wife namely, Smt. Velankani
Jordan Mendis and minor son Andrew Jordan
Mendis through guardian Smt. Velankani Jordan
Mendis, as his only legal heiress and heirs and
their names were entered in the Record of Rights of
the said Second Land.

(vi) In the circumstances herein above, the names of


the said Heaven Ansel Mendis, Erick Ansel Mendis,
Draft without prejudice 4

Smt. Velankani Jordan Mendis and minor son


Andrew Jordan Mendis through guardian Smt.
Velankani Jordan Mendis, stands recorded in the
Record of Rights of the said Second Land.

(vii) The names of the said Heaven Ansel Mendis, Erick


Ansel Mendis, Smt. Velankani Jordan Mendis and
minor son Andrew Jordan Mendis through guardian
Smt. Velankani Jordan Mendis are yet not entered
in the Property Card of the said Second Land.

c. (i) One Raghunath Sadashiv Patil was the Original


Owner of an agricultural land bearing Survey
No.34, Hissa No.6, admeasuring 33 Gunthas and
as per the Kami Jast Patrak, the said Survey
No.34, Hissa No.6, is given corresponding C.T.S.
Nos.819/A, 819/B and 819/C of Village Kandivali,
Taluka Borivali Mumbai Suburban District Mumbai
and in all having an area admeasuring 10252.50
sq. meters, as per its respective property cards
(hereinafter referred to as the said Third Land) and
the said Raghunath Sadashiv Patil was also an
Original Owner of an agricultural land bearing
Survey No.33, Hissa No.15, admeasuring 3
Gunthas and as per the Kami Jast Patrak the said
Survey No.33, Hissa No.15, is given the
corresponding C.T.S. No.855 of Village Kandivali,
Taluka Borivali Mumbai Suburban District Mumbai
and having an area admeasuring 692.2 sq. meters,
as per property card (hereinafter referred to as the
said Fourth Land).

(ii) As recorded in the Mutation Entry No.342, the said


Raghunath Sadashiv Patil died on 23rd November,
1939 leaving behind him his son namely, Atmaram
Raghunath Patil as his only legal heir and name of
the said Atmaram Raghunath Patil was entered in
the Record of Rights of the said Third Land and the
said Fourth Land.

(iii) As recorded in the Mutation Entry No.543, the said


Atmaram Raghunath Patil and Gulab Raghunath
Draft without prejudice 5

Patil sold the said Third Land and the said Fourth
Land to Mohanlal Ramji Thakkar and Harakhchand
Motichand by virtue of sale deed dated 5th January,
1948.

(iv) As recorded in the Mutation Entry No.1179, the


said Third Land and the said Fourth Land were
acquired by the Mumbai Municipality Industrial
Estate vide an Award in case
No.LAQ/AWD/STT/6077/ 80 on 15 January, 1965
th

and accordingly an order was passed by the


Mamlatdar bearing No.LAQ/WS/2517 dated 19th
January, 1965 and the name of the Mumbai
Municipality Industrial Estate was entered in the
Record of Rights of the said Third Land and the
said Fourth Land.

(v) The name of the said Mumbai Municipality


Industrial Estate is yet not entered in the Property
Cards in respect of the said Third Land and the
said Fourth Land.

d. (i) One Kastya Chambhar Bhandari was the Original


Owner of an agricultural land bearing Survey
No.34, Hissa No.10, admeasuring 34 Gunthas and
as per the Kami Jast Patrak, the said Survey
No.34, Hissa No.10, is given corresponding C.T.S.
No.859 of Village Kandivali, Taluka Borivali Mumbai
Suburban District Mumbai and having an area
admeasuring 3962.9 sq. meters, as per property
card (hereinafter referred to as the said Fifth
Land).

(ii) As recorded in the Mutation Entry No.292, one


Lawrence Francis Mendis purchased the said Fifth
Land from Kastya Chambhar Bhandari by virtue of
a sale deed dated 30th October, 1936.

(iii) As recorded in the Mutation Entry No.1364, the


said Lawrence Francis Mendis died on 13th
November, 1970 leaving behind him his wife
namely, Smt. Anubai Lawrence Mendis as his only
Draft without prejudice 6

legal heiress and her name was entered in the


Record of Rights of the said Fifth Land.

(iv) As recorded in the Mutation Entry No.1415, the


Karwar Maratha Sangh by a sale deed dated 15th
October, 1974 purchased the said Fifth Land from
the said Smt. Anubai Ana W/o Lawrence Mendis,
Gabriel Francis Mendis, Ansel Francis Mendis,
Anton Francis Mendis, Olga Sabestin Rodriques,
Joana James Gracciow and Smt. Pawline John
Patel and the name of the Karwa Maratha Sangh
was entered in the Record of Rights of the said
Fifth Land.

e. (i) One Kesrinath Purshottam Mhatre was an Original


Owner of an agricultural land bearing Survey
No.33, Hissa No.12, admeasuring 2 acres and 9
Gunthas and as per the Kami Jast Patrak, the said
Survey No.33, Hissa No.12, is given corresponding
C.T.S. No.850 of Village Kandivali, Taluka Borivali
Mumbai Suburban District Mumbai and having an
area admeasuring 9159.4 sq. meters (hereinafter
referred to as the said Sixth Land).

(ii) As recorded in the Mutation Entry No.728,


Kesrinath Purshottam Mhatre died on 3rd April,
1954, leaving behind him his three sons namely,
Baburao Kesrinath Mhatre, Anand Kesrinath
Mhatre and Shashikant Kesrinath Mhatre as his
only legal heirs and accordingly, their names were
entered in the Record of Rights of the said Sixth
Land.

(iii) As recorded in the Mutation Entry No.896, the said


Baburao Kesrinath Mhatre died on 1st November
1957, leaving behind him his four sons namely,
Shashikant Baburao Mhatre, Ravikant Baburao
Mhatre, Satishkumar Baburao Mhatre and
Rishikesh Baburao Mhatre and his wife Laxmibai
Baburao Mhatre as his only legal heirs and heiress
but as the head of the Joint Family the name of
Draft without prejudice 7

Shasikant Baburao Mhatre was entered in the


Record of Rights of the said Sixth Land.

(iv) As recorded in the Mutation Entry No. 1050, the


said Sixth Land was cultivated by Shri
Harishchandra Gopinath Kini and therefore his
name was also entered as General Kul/Tenant in
Record of Rights of the said Sixth Land.

(v) As recorded in the Mutation Entry No.1654, Anant


Kesrinath Mhatre died on 15th April, 1994 and his
wife namely, Yashwanti Anant Mhatre had
predeceased him on 13th May, 1993 leaving behind
them their four married daughters namely, Smt.
Rajani N Mhatre, Smt. Sarla Arvind Mhatre,
Smt.Kanchan Ramesh Pathare and Smt. Sarita
Dhanraj Patil, as their legal heiresses and it is
further recorded that Bhagwant Kesarinath Mhatre
died on 10th March, 1992 leaving behind him his
wife namely, Smt. Bhamini Bhagwant Mhatre, two
sons namely, Kiran Bhagwant Mhatre and Amar
Bhagwant Mhatre, two daughters namely, Smt.
Sujata Pravin Sahani and Kum. Manisha
Bhagwant Mhatre as his only legal heirs and
heiresses. It is also further recorded that the said
Baburao Kesarinath Mhatre died on 1st November,
1957 and his wife namely, Smt. Laxmibai Baburao
Mahatre died on 05/05/2000 leaving behind them
their four sons namely, Sashikant Baburao Mhatre,
Ravikant Baburao Mhatre, Satish Baburao Mhatre
and Rishikesh Baburao Mhatre and four daughters
namely, Smt. Shubra A. Devlekar, Smt. Kamini
S.Panara, Smt. Mandakini S. Juker and Smt.
Vinodini D. Mhatre as their only legal heirs and
heiresses and the names of the respective legal
heirs and heiresses of the deceased were entered
in the Record of Rights of the said Sixth Land.

(vi) As recorded in the Mutation Entry No. 1848, as per


the Award dated 31st March, 1973 in Case No.
LAQ/102/612, the said Sixth Land was acquired by
the Mumbai Mahanagar Palika Industrial Estate
Draft without prejudice 8

and accordingly the name of the Mumbai


Mahanagar Palika Industrial Estate was entered in
the Record of Rights of the said Sixth Land.

(vii) As recorded in the Property Card vide an order


dated 4th June, 2004 of Collector of Mumbai Sub-
Urban and an Order dated 1st July, 2004 of the City
Survey officer, the said Sixth Land bearing C.T.S.
No.850 was sub-divided into two parts and
accordingly two separate Property Cards came to
be issued in respect of the said Sixth Land i.e.
C.T.S. No.850A having an area admeasuring
1339.0 sq. meters and C.T.S. No.850/B having an
area admeasuring 7243.9 sq. meters, as per
property card.

(viii) The name of the said Mumbai Mahanagar Palika


has been entered in the Property Card bearing
C.T.S. No. 850A as the owner thereof and the
name of the said Mumbai Mahanagar Palika is yet
to be entered in the Property Card of Land bearing
C.T.S. No.850/B.

f. As mentioned in clause (c) (i) above, there are three


separate C.T.S. Nos. 819A, 819B and 819C and in all
having an area admeasuring 10252.50 sq. meters and
therefore three separate property cards were issued and
out of the same, C.T.S. Nos.819A and 819B in both
admeasuring 6396.857 sq. meters forms part of the Third
Land and the same is declared as the slum area and is
notified in the Official Government Gazette dated 9th
December, 2004 issued by the Government of
Maharashtra but as per the demarcation the slum occupied
area under the C.TS. No.819A (part) is having an area
admeasuring 6467.50 sq. meters and under the C.TS.
No.819B (part) is having an area admeasuring 92.75 sq.
meters both aggregates to an area admeasuring 6560.25
sq. meters and is more particularly described Firstly in
the Schedule hereunder written. The portion of the said
Third Land is fully encroached by the slum dwellers and/or
hutment holders and the said slum dwellers and/or the
Draft without prejudice 9

hutment holders thereon have themselves formed into a


group known as “Shiv Shankar Nagar SRA Co-operative
Housing Society Limited” (hereinafter referred to as the
said Society) with a view to develop the said portion of the
said Third Land.

g. By an Agreement for Sale dated 2nd February, 2006 made


between M/s. Rajendra Developers Pvt. Ltd., therein called
the Vendors of the one part and the said Mr. Anil Vasant
Sawant as the partner of one M/s. Shree Sai Leela
Builders and Developers (hereinafter referred to as the
said Original Developers) therein called the Purchasers
of the other part, M/s. Rajendra Developers Pvt. Ltd.,
agreed to sell and/or transfer to the said Original
Developers a portion of the said Second Land having an
area admeasuring 97 sq. meters subject to the rights of
the slum dwellers thereon and for the price and upon the
terms and conditions therein mentioned.

h. The Deputy Chief Engineer, SRA issued the L.O.I. dated


1st December, 2009 bearing No.SRA/ENG/ 874/ RS/
ML/LOI for the development of the portion of the said Third
Land in accordance with the Slum Rehabilitation Act, 1971
and D.C. Regulation No.33 (10) (hereinafter referred to as
the said Scheme) subject to certain terms and conditions
therein mentioned.

i. The Executive Engineer (SRA- II) issued the I.O.A. dated


3rd March, 2010 bearing No. SRA/ENG/2356/RS/ML/AP
and sanctioned the Plan for the Composite Building No.2
to be constructed on the portion of the said Third Land
subject to certain terms and conditions therein mentioned.

j. The Executive Engineer (SRA) II issued the


Commencement Certificate dated 8th June, 2010 bearing
No. SRA/ENG/874/RS/ML/AP for construction of the
Composite Building No.2 upto plinth level on the portion of
the said Third Land.

k. The Deputy Chief Engineer SRA issued the Revised L.O.I


dated 14th September, 2012 bearing No.
Draft without prejudice 10

SRA/ENG/874/RS/ML/ PL/LOI whereby amalgamating the


portion of the said Second Land bearing C.T.S. No. 818
(part) and having an area admeasuring 97.00 Sq. meters
being the non slum area with the Portion of the said Third
Land being the slum area in the said Scheme subject to
certain terms and conditions therein mentioned.

l. Thereafter The Executive Engineer (SRA- II) issued the


Amended I.O.A. dated 26th September, 2012 bearing
No.SRA/ ENG/2356/ RS/ML/AP and sanctioned the Plan
for the Composite Building No.2 consisting of three wings
to be constructed on the portion of the said Third Land
subject to certain terms and conditions therein mentioned.

m. In pursuance of the said General Body Meeting held on


30th October, 2013, the said Society passed the resolution
for developing the said portion of the said Third Land and
more particularly described Firstly in the Schedule
hereunder written in favour of the Promoters and further
passed the resolution whereby authorizing members of the
committee to sign and execute the development
agreement, irrevocable power of attorney and other
relevant documents in favour of the Promoters for the
development of the portion of the said Third Lands and
members of the committee signed and executed the
development agreement and irrevocable power of attorney
both dated 9th November, 2013 to and in favour of the
Promoters for development of the portion of the said Third
Land and more particularly described Firstly in the
Schedule hereunder written under the said Scheme
upon certain terms and conditions therein mentioned.

n. The Executive Engineer (W.S) SRA issued the Revised


L.O.I. on 19th January, 2015 bearing No.
SRA/ENG/874/RS/ML/PL/ LOI to the Promoters in respect
of the said Scheme on the portion of the said Second Land
and the said Third Land upon certain terms and conditions
therein mentioned.

o. The Executive Engineer (W.S) SRA issued an Amended


I.O.A. dated 19th January, 2015 bearing No.
Draft without prejudice 11

SRA/ENG/874/RS/ML/AP and sanctioned the Plan for the


Rehab Building No.2 on the portion of the said Second
Land and the said Third Land.

p. The Executive Engineer –W.S. (SRA) issued an Amended


I.O.A. dated 4th December, 2015 bearing
No.SRA/ENG/2356/RS/ML/AP and sanctioned the Plan
with plinth C.C. to extended portion of Rehab Building No.2
on the portion of the said Second Land and the said Third
Land for the said Scheme subject to certain terms and
conditions therein mentioned.

q. One M/s. Soni and Associates have filed a Writ Petition


bearing No.1752 of 2015 before the Hon’ble High Court at
Bombay (hereinafter referred to as the ‘said Writ Petition)
inter alia challenging an order dated 4th February, 2015
passed by the CEO (SRA) and sought reliefs as mentioned
in the prayers in the said Writ Petition. The said Writ
Petition is pending before Hon’ble High Court, Bombay, for
admission.

r. On 23rd December, 2015 the Executive Engineer (SRA)


extended the Commencement Certificate bearing No.
SRA/ENG/2356/ RS/ML/AP for the Composite Building
No.2 to be constructed on the portion of the said Third
Land as per the amended plan issued under
No.SRA/ENG/ 2356/RS/ ML/ AP dated 4th December,
2015.

s. One M/s. Sanjog Developers have also filed the


Commercial Suit No.60 of 2015 against M/s. Soni and
Associates, the old developers i.e. one M/s. Shree Sai
Leela Builders and Developers, the said Society, CEO
SRA and the Promoters, before the Hon’ble High Court,
Bombay (hereinafter referred to as the said Commercial
Suit) for the reliefs / prayers claimed therein, however no
interim reliefs have been sought in the aforesaid
Commercial Suit and neither has the same been granted to
the said M/s. Sanjog Developers and the said Commercial
Suit is pending before the Hon’ble High Court at Bombay.
Draft without prejudice 12

t. The Chief Executive Office (SRA) vide his notification


dated 12th July, 2016 declared that the said Fourth Land
admeasuring 692.2 sq. meters and the said Fifth Land
admeasuring 200 sq. meters as the slum areas and the
same is also notified under the Official Government
Gazette dated 13th July, 2016 issued by the Government of
Maharashtra.

u. In view of the survey the area under the slum Scheme was
demarcated i.e. (1) on the portion of the said First Land
being an adjoining land bearing C.T.S. No. 817 (part),
admeasuring 17.50 sq. meters or thereabouts and now
having an area admeasuring 22.03 sq. meters in view of
what is stated herein below and more particularly
described Secondly in the Schedule hereunder written
(2) on the portion of the land bearing C.T.S. No. 818(part),
admeasuring 146.70 sq. meters or thereabouts and more
particularly described Thirdly in the Schedule hereunder
written (3) on the portion of the land bearing C.T.S.
No.850B (part) admeasuring 55 sq. meters or thereabouts
and more particularly described Fourthly in the Schedule
hereunder written (4) on the portion of the land bearing
C.T.S. No.855 (part) admeasuring 190.30 sq. meters or
thereabouts and more particularly described Fifthly in the
Schedule hereunder written and (5) on the portion of the
land bearing C.T.S. No.859(part) admeasuring 187.20 sq.
meters or thereabouts and more particularly described
Sixthly in the Schedule hereunder written.

v. The Lands described in Clauses (f) and (u) are collectively


referred to as the said Lands and more particularly
described in the Firstly, Secondly, Thirdly, Fourthly, Fifthly
and Sixthly in the Schedule hereunder written.

w. On 29th August, 2016, a survey was conducted by the City


Survey Officer, Borivali of the said Lands and the City
Survey Officer accordingly demarcated the slum area
under the said Scheme. The Slum dwellers on the said
Lands have joined the hands with the said Society for joint
development and accordingly such slum dwellers became
the members of the said Society for the purposes of
development of the said Lands in the said Scheme, in
Draft without prejudice 13

accordance with the Slum Rehabilitation Act, 1971 and


D.C. Regulation No.33 (10).

x. The requisite number of occupants/ slum dwellers of the


said Lands have given their respective consents in favour
of the Promoters for the implementation of the said
Scheme on the said Lands and have also entered into
agreements for allotment of permanent alternate
accommodation in the Rehab buildings to be constructed
on the said Lands.

y. By an order dated 27th January, 2017, an Additional


Tahsildar (N.A.) Borivali (II) levied the penalty for the use
of agricultural Lands in the said Scheme for non
agricultural purposes i.e. for residential and commercial
purposes and the Promoters have paid the said penalty for
the same on 2nd February, 2017.

z. Pursuant to some disputes and differences that arose


between Mr. Sanjay Jain and others on the one hand and
other partners of the Promoters on the other hand, such
disputes were referred to the sole arbitrator Mr.
Prathmaesh Kamat, Advocate, appointed with consent of
all the parties and thereafter a settlement was arrived
between the parties and they filed the consent terms
before the said Arbitrator and in pursuance of the said
consent terms dated 18th November, 2016, the Arbitrator
passed an Award dated 18th November, 2016, wherein the
Promoters have agreed and undertaken to comply with
various obligations therein mentioned and have also
agreed to pay certain consideration and sell and provide
certain constructed premises out of the saleable
component to be constructed in the free sale building on
the said Lands to various parties as therein mentioned.

aa. The Chief Executive Office SRA issued the Revised LOI on
9th March, 2017 bearing No. SRA/ENG/874/RS/ML/PL/LOI
to the Promoters inter alia in respect of the amalgamated
lands i.e. the said Lands more particularly described
Firstly to Sixthly in the Schedule hereunder written and
presently the said Lands all form the part of the said
Scheme of the said society, subject to the terms and
Draft without prejudice 14

conditions therein mentioned including the conditions as


herein mentioned i.e. to say

(i) that CTS Nos. 818(pt), 859(pt) and 850B(pt)


belongs to private ownership and CTS Nos.
817(pt), 819(pt)., 819B(pt), and 855 (pt) belongs to
MCGM.
(ii) Plot under reference falls under the commercial
Zone (C-1) as per Para No.5 of the Revised LOI.
(iii) that the Ownership documents in regards to the
CTS No.850B having an area of 55 sq. meters shall
be submitted and till then the Promoters shall not
claim the benefits of the FSI of the aforesaid Plot.
(iv) that the Promoters shall restrict the C.C. of Sale
BUA of 561.60 sq. meters of land potential of
187.20 sq. meters as certified by the CTSO
(Borivali) till the completion of 14(1) proceedings of
Slum Act In respect of the CTS No. 859(pt.) in the
SR Scheme under reference.

bb. The Executive Engineer, SRA on 10th March, 2017 issued


an I.O.A. bearing No. SRA/ENG/3878/RS/ML & PL/AP and
sanctioned the plan for Rehab Building No.1 to be
constructed on the said Lands in favour of the Promoters
subject to certain terms and conditions therein mentioned.

cc. The Executive Engineer, SRA on 10th March, 2017 issued


the I.O.A. bearing No. SRA/ENG/3879/ RS/PIL & PL/AP
and sanctioned the plan for Sale Building No.3 to be
constructed on the said Lands in favour of the Promoters
subject to certain terms and conditions therein mentioned.

dd. The Executive Engineer, SRA on 16th March, 2017 issued


the Commencement Certificate bearing No.
SRA/ENG/3878/RS/ML& PL/AP in favour of the Promoters
for Rehab Building No.01 upto plinth level to be
constructed on the said Lands subject to certain terms and
conditions therein mentioned.

ee. The Executive Engineer, SRA on 16th March, 2017 issued


the Commencement Certificate bearing No.
Draft without prejudice 15

SRA/ENG/3879/RS/ML & PL/AP & PL/AP in favour of the


Promoters for Sale Building No.03 upto podium level to be
constructed on the said Lands, subject to certain terms
and conditions therein mentioned.

ff. As mentioned in the recital e (i) to (vii) the said Sixth Land
belongs to the said Mumbai Mahanagar Palika Industrial
Estate and it is sub-divided into two parts being C.T.S.
No.850A and 850B, However the Revised LOI on 9th
March, 2017 wrongly refers that the said C.T.S. No.850B is
of private ownership. As such the Promoters have by their
amendment application dated 20.6.2017 made to the SRA
sought correction to the said Revised LOI on 9th March,
2017 in connection with the aforesaid.

gg. The Chief Executive Office (SRA) vide his notification


dated 5th June, 2017 declared that the Portion of the said
First Land and having an area admeasuring 22.03 sq.
meters and more particularly described Secondly in the
Schedule hereunder written and the Portion of the said
Second Land and an area admeasuring 146.70 sq. meters
and more particularly described Thirdly in the Schedule
hereunder written are the slum areas and the same are
also notified under the Official Government Gazette dated
7th June, 2017 issued by the Government of Maharashtra.

hh. The Chief Executive Officer SRA issued the Revised L.O.I.
on 3rd April, 2018 bearing No. SRA/ENG/874/RS/ML/Pl/LOI
to the Promoters for the S.R. Scheme on Plot bearing
C.T.S. No.818 (part) and 819 (part) with amalgamation of
adjoining plots bearing C.T.S. Nos. 817 (part), 819B(part),
850B(part), 855 (part) and 859 (part) of Village: Kandivali,
situated at Shankarpada Dahanukarwadi, Kandivali (West),
Mumbai for ‘Shiv Shankar Nagar SRA CHS. Ltd., whereby
considered and approved for the sanctioned FSI of 4.016
in accordance with provisions of Appendix –IV of Reg.33
(1) of amended DCR 1991 and further subject to the terms
and conditions therein mentioned including the conditions
as herein mentioned i.e. to say.

(i) that CTS Nos. 818(pt), 859(pt) and 850B(pt)


belongs to private ownership and CTS Nos.
Draft without prejudice 16

819(pt), 817(pt)., 819B(pt), and 855 (pt)


belongs to MCGM.

(ii) that the Promoters shall submit the layout


approval before the further C.C. to the Sale
Building No.3 in the layout.

(iii) that the Promoters shall not claim benefit of


FSI for CTS No.850B having an area of 55
sq. meters till the ownership document is
not submitted by the Promoters.

(iv) that the Promoters shall restrict the C.C. of


the Sale BUA of 748.80 Sq. mtr. of the Land
Potential of 187.20 sq. mtrs as certified by
the CTSO (Borivali) till the completion of
14(1) proceedings of Slum Act In respect of
the CTS No. 859(pt.) in the SR Scheme
under reference.
(v) That the Promoters shall submit Ownership
documents / Registered Conveyance Deed
for CTS No. 818(pt) & 859 (Pt) before
further C.C. to Sale Building in the S.R.
Scheme under reference.

ii. The Executive Engineer, SRA vide his letter dated 5th April,
2018 bearing No.SRA/ENG/3838/RS/ML & PL/AP granted
the approval for amended plans submitted by Architect of
Promoters for Rehab Building No.1 , to be constructed on
the said Lands subject to the terms & conditions
mentioned therein.

jj. The Executive Engineer, W.S SRA vide his letter dated 5th
April, 2018 bearing No.SRA/ENG/3839/RS/ML & PL/AP
granted the approval for amended plans submitted by
Architect of Promoters for Sale Building No. 3, to be
constructed on the said Lands subject to the terms &
conditions mentioned therein.
Draft without prejudice 17

kk. The Executive Engineer, SRA -2under No.


SRA/ENG/3878/RS/ML & PL/AP on 9 th
April, 2018 re-
endorsed the Commencement Certificate for Rehab
Building No.1 as per the amended plans issued on 5th
April, 2018
ll. The Executive Engineer, SRA-2 under No.
SRA/ENG/3879/RS/ML & PL/AP on 9 th
April, 2018 re-
endorsed the Commencement Certificate for Sale Building
No.3 as per the amended plans issued on 5th April, 2018

mm. The Executive Engineer, SRA-2 under No.


SRA/ENG/2356/RS/ML /AP on 9th April, 2018 re-endorsed
the Commencement Certificate for Composit Building
No.2 as per the amended plans issued on 5th April, 2018

mm. In the circumstances herein above, the Promoters are well


and sufficiently entitled to develop the said Lands by
constructing thereon the rehab and sale building/s.

nn. The Promoters have informed the Purchaser/s and the


Purchaser/s is/are aware that the Promoters will develop
the said Lands by constructing the multistoried building/s
and other structures thereon (as may from time to time be
permitted to be constructed) in a phased manner as per
the sanctioned and/or revised amended plans with such
modifications thereto as the Promoters may from time to
time determine and as may be approved by the concerned
local bodies and authorities and the program/s of such
phased development will be determined by the Promoters
at their own discretion.

oo. The Promoters hereby represent that as per the


sanctioned plans, the Promoters are constructing the
Rehab residential cum commercial building Nos. 1 and 2,
Balwadi/anganwadi, welfare center, Society office etc., on
the portion of the said Lands and also the free sale
residential building No.3 (referred as sale building) by
utilizing the FSI generated out of the said Lands in terms of
the said revised L.O.I. dated 9th March, 2017 and Revised
L.O.I dated 3rd April, 2018, and further Revised LOI as and
when issued. The salient features of the scheme
approved by the SRA as per the Revised LOI dated 9th
Draft without prejudice 18

March, 2017 is for utilizing the FSI of 2.998 (Two Point


Nine Eight Only) and further Revised LOI dated 3rd April,
2018, approved for utilizing the FSI of 4.016 (Four Point
Sixteen Only) of the said Lands as therein mentioned. The
sale building to be known as “SIDDHA-SEABROOK” and
the said sale building is proposed to be consisting of
Ground plus 8th level podium Plus from 9th level/floor upto
15th (pt) Habitable Floor, residential 16th upto 21st
Habitable Floors, thereafter Fire check floor and service
floor area, after residential 22nd (pt) upto 33rd Habitable
Floor and further floors upto 54 floor as permitted to be
constructed for consuming the FS.I and fungible FSI upon
the payment of the Fungible premium and one Jain
temple will be permitted to construct on the sale building as
and when additional and/or further (one) F.S.I is be
available for construction of the further floors in
accordance with the sanctioned plans and/or further
amended plans as may be approved, by the Slum
Rehabilitation Authority (SRA) from time to time as herein
mentioned. The layout plan of the said lands on which
portion the said Rehab building Nos. 1 and Composite
Building No. 2 to be constructed and Sale building to be
constructed is annexed hereto as herein below mentioned.

pp. The Promoters have entered into a standard agreement


with an Architect DOT Architect, Mr. Manoj Vishwakarma,
registered with the Council of Architects and has also
appointed J.W. Consultant LLP, Pune as the Structural
Engineers for preparing structural designs, drawings and
specifications of the rehab and sale building/s under the
said SRA Scheme to be constructed on the said Lands
and the Purchaser/s herein accept the professional
supervision of the said Architect and the said Structural
Engineer till the completion of the sale buildings and the
completion of the construction thereof under the said SRA
Scheme unless otherwise changed.

qq. A copy of certificate of title issued by VIMLA & Co., the


Advocates & Solicitors, showing the nature of title of the
Promoters to the said Lands, on which the proposed flat/s
are being constructed.
Draft without prejudice 19

rr. The copies of the following documents are attached hereto


as Annexure “1” to “6”:

(i) LOI dated 9th March, 2017 being Annexure-1


(ii) Revised LOI dated 3rd April, 2018 being Annexure –
1(A).
(iii) Amended A.O.I dated 10th March, 2017 being
Annexure-2.
(iv) Letter dated 5th APRIL, 2018 whereby Amending
the Plan being Annexure – 2(A).
(v) Commencement Certificate dated 16th March, 2017
being Annexure-3 with an reendorsed on 9th April,
2018 as per the amended plan dated 5th April, 2018
for Sale Building..
(vi) Layout of the Land showing the demarcation of the
Portion of Land of Sale building being Annexure-4
along with revised layout of the Land showing the
demarcation of the portion of the Land of Sale
Building being Annexure – 4(A)
(vii) 7/12 Extracts, 6/12(Mutation Entries) and the
Property Cards in respect of the said Lands being
Annexure-5-collectively.
(viii) Title certificate of Vimla & Co., Advocates &
Solicitors being Annexure-6.

ss. The Purchaser/s has/have prior to the execution of this


Agreement satisfied himself/herself/themselves about the
title of the Promoters to the said Lands and the building/s
to be constructed on the said Lands and he/she/they shall
not be entitled to further investigate the title or raise any
matter relating to the title of the said Lands and no
requisition or objection shall be raised by the Purchaser/s
in any manner relating thereto.

tt. While sanctioning the said plans, Slum


Rehabilitation Authority and/ or MCGM and/or government
have laid down certain terms, conditions, stipulations and
restrictions which are to be observed and performed by the
Promoters, while developing the said Lands and upon due
observance and performance of which, only the
Occupation and the Building Completion Certificates in
Draft without prejudice 20

respect of the sale building/s shall be granted by the Slum


Rehabilitation Authority.

uu. The Promoters have registered under provision of the Real


Estate (Regulation and Development) Act 2016
(hereinafter referred to as “the Said Act”) with the Real
Estate Regulatory Authority at Mumbai/Maharashtra under
No. P51800008859. The copy of the registration certificate
of the Promoters are hereto annexed and marked as
Annexure-7. The Purchaser/s has/have taken the
inspection of the same from the Regulatory Authority and
further, the relevant details relating to the project
undertaken by the Promoters and as herein above
mentioned are also displayed on the website of the said
Authority and the Purchaser/s has/have also demanded
from the Promoters and the Promoters have given
inspection to the Purchaser/s of all the documents of title
relating to the said Lands, approvals of the buildings,
names of the contractors, architects, structural engineers
etc., plans, designs and specifications prepared in respect
of the said sale building/s and of such other documents as
are specified under the said Act and the Rules made there
under.

vv. After taking inspection as aforesaid and after satisfying


himself/herself and/or themselves with the title of the
Promoters to carry out development of the said Lands, the
Purchaser/s has/have agreed to acquire from the
Promoters on ownership basis in accordance with the
terms and conditions of this Agreement, the said Premises
(as hereinafter defined) comprised in the sale building/s to
be constructed on the said Lands with full notice of and on
the basis of the terms conditions and provisions contained
in the LOI, Revised LOI, I.O.A. Amended I.O.A.,
documents, papers, plans and/or amended plans, orders,
schemes, etc. referred to hereinabove and subject to the
terms and conditions hereinafter appearing;

ww. The Promoters are entitled to sell and/or transfer the said
Premises (as hereinafter defined) to the Purchaser/s in
view of the aforesaid and the Promoters are entitled to
realize and appropriate the sale proceeds in respect
Draft without prejudice 21

thereof.

xx. Under Section 13 of the said Act, the Promoters are


required to execute a written agreement for sale in respect
of the said Premises (as hereinafter defined) with the
Purchaser/s, being in fact these presents and also to
register the said agreement under the Indian Registration
Act, 1908.

yy. The Purchaser/s has/have thus requested the Promoters


to sell to the Purchaser/s a Flat/ Flat with attached terrace
and/or other premises bearing No. ________ on the
_______ floor admeasuring _________ sq. ft. carpet area
as defined under section 2(k) of the said Act, with the right
to use car Parking space under automated multilevel car
parking system in Podium levels in the sale building known
as “SIDDHA – SEABROOK” and to be constructed on the
said Lands and more particularly shown and surrounded
by red colour boundary lines on the floor plan annexed
hereto and marked as Annexure-8 (hereinafter the said
Flat/ Flat with attached terrace and/or other premises and
Parking space under automated multilevel car parking
system in Podium levels, are collectively referred to as the
“said Premises”).

zz. The Purchaser/s has/have entered into this Agreement


with full knowledge of all the terms and conditions
contained in the documents, papers, plans, orders,
schemes, etc., recited and referred to above.

aaa. Relying upon the declarations and agreements herein


contained, the Promoters have agreed to sell to the
Purchaser/s the said Premises at the lump sum price of
Rs.___________/= (Rupees _____________ Only) after
deducting therefrom the TDS @ 1% as per the prevalent
provisions of the Income Tax Act, 1961 as amended upto
date which comes to Rs.___________/= (Rupees
________________ Only) and on the terms and conditions
hereinafter appearing.
Draft without prejudice 22

NOW THIS AGREEMENT FOR SALE WITNESSETH AND IT IS


HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO
AS UNDER:

1. The recitals hereinabove shall form an integral part of this


Agreement as if the same are incorporated herein verbatim in the
operative part hereof and to be interpreted and construed and
read accordingly.

2. The Promoters shall in phase wise manner construct on


the said Lands, multistoried sale building/s being the Residential
building/s known as “SIDDHA - SEABROOK” (hereinafter for
referred to as the sale building/s or said building/s), and/or such
building/s as per the layout and building plans sanctioned and /or
as per the revised amended layout and building/s plans to be
approved and sanctioned by the SRA as per the DC Rules and
Regulations and the sanctioned plans and/or amended plans
which have been seen and approved by the Purchaser/s, with the
full and clear knowledge that the Promoters shall be entitled to do
such variations and modifications in the sanctioned plans, as may
be consider necessary or as may be required by the concerned
authorities or Government, to be made in them. It is hereby
agreed by and between the parties hereto that the Promoters shall
be entitled to make variations or amendments or modifications in
the said layout and building/s plans as it may deem fit, provided
that the same does not adversely affect the said Premises agreed
to be purchased by the Purchaser/s. As part of such variation,
amendment or modifications in the layout and/or in building plans
the Promoters may change the location of the said building/s or
any one or more of them and the Promoters may also construct
additional areas by constructing additional wings and/or additional
floors to one or more of the said building/s and may also construct
further buildings on the said Lands as may be approved by the
concerned authorities. The Purchaser/s hereby expressly
consent/s to the Promoters for making variations or modifications
in the said layout and building/s plans as it may deem fit, so long
as the same does not adversely affect the said Premises. The
Promoters shall not be required to take any further permission of
the Purchaser/s for the same. The consent hereinabove given by
the Purchaser/s shall be considered as the Purchaser/s’ consent
contemplated by Section 14(2) of the Act.
Draft without prejudice 23

3. The Purchaser/s declares that:

(i) the Purchaser/s has/have taken inspection of all


relevant documents and has satisfied himself/herself/
themselves fully in respect of the Promoters’ title to the
said Lands prior to the execution of this Agreement and
the Purchaser/s do and each of them/doth hereby accept
the same and agree/s not to raise any requisition or
objection/s relating thereto at any stage.

(ii) the Purchaser/s has/have read and understood and


is fully aware of the terms and conditions of the said LOI,
Revised L.O.I, I.O.A./ Amended I.O.A. C.C. etc., the
Promoters’ rights, liabilities there under and in respect of
the said Lands and the said sale building and also in
respect of the rights reserved for the common areas in the
said sale building including but not restricted to the
reserved area i.e. the Mandir which shall, absolutely
belong to the Promoters and neither the Purchaser/s nor
his/her/their nominees and neither the
Society/Organization of the purchasers of flats in the sale
building to be formed and registered in terms hereof, shall
have any right, title, interest and claim therein and the
Purchaser/s hereby accord his/her/their express “No
Objection” thereto and further hereby agree/s to accept the
said terms and conditions unconditionally and absolutely
and further that the Promoters have agreed to sell and
transfer the said Premises to the Purchaser/s, expressly
relying on the assurance and declaration of the
Purchaser/s to that effect and as hereinabove mentioned.

(iii) the Purchaser/s has/have been informed by the


Promoters and is/are aware that notwithstanding what is
agreed herein, for the use of the car parking spaces, the
Purchaser/s may be charged parking fees on such basis
as may be decided by the Promoters at their absolute
discretion and the Purchaser/s shall not dispute the same
and/or delay payment of such charges on any pretext
whatsoever.

(iv) the Purchaser/s has/have been informed by the


Promoters that the percentage of the undivided interest of
Draft without prejudice 24

the Purchaser/s in demised Lands shall be in proportion of


the area of the said Premises agreed to be sold hereunder
to the total area of the sale building and have been further
informed that the proportionate share of the Purchaser/s in
the said common / limited common areas and facilities is
liable to be increased or decreased in the event of there
being change in the building plans and further that the
apportionment of the proportionate price towards the
common / limited common areas and facilities as herein
mentioned, is only notional and the same is not subject to
change, even if the percentage of undivided share of the
said Premises in the common/limited common areas and
facilities increases or decreases and the said Premises is
being sold to and purchased by the Purchaser/s with all
the appurtenant rights for the lump sum price as herein
mentioned and the Purchaser/s hereby expressly
consent/s to such changes in the said share and hereby
expressly authorizes the Promoters to so increase or
decrease the said share of the said Premises and/or of the
Purchaser/s in the said common areas and facilities and
limited common areas and facilities of the said sale
building and the Purchaser/s hereby irrevocably agree/s to
accept such share including if changed as aforesaid.

(v) the Purchaser/s shall have right title and interest in


respect of the said Premises only and shall have no right
title or interest in respect of the area reserved for by the
Promoters herein in any manner whatsoever.

4. The Purchaser/s hereby agree/s to purchase from the


Promoters and the Promoters hereby agree to sell to the
Purchaser/s the said Premises, being Flat/ Flat with attached
terrace and/or other premises bearing No. ________ on the
_______ floor admeasuring _________ sq. ft. carpet area as
defined under the section 2(k) of the said Act, with right to use
……….. car Parking space under automated multilevel car parking
system in Podium levels in the sale building known as “SIDDHA –
SEABROOK” being constructed on the said Lands and the said
Premises is more particularly shown and surrounded by RED
colour on the floor plan annexed hereto and annexed and marked
as Annexure-8 (hereinafter the said Flat/ Flat with attached
terrace and/or other premises and the Parking space under
Draft without prejudice 25

automated multilevel car parking system in Podium levels are


collectively referred to as the “said Premises ”) with the amenities
therein a per the list annexed hereto, at the lump sum price of
Rs._______________/- (Rupees
_______________________________ Only) including the
proportionate price of the common areas and facilities appurtenant
to the said Premises in terms of the list annexed hereto (after
deducting the applicable TDS @ 1% in accordance with the
provisions of the Income Tax Act, 1961 as amended upto date).
The Purchaser/s shall deposit TDS so deducted in the
government treasury by furnishing challan-cum-statement in Form
No.26QB to the Director General of Income-tax (System) or to the
person authorized by him in this behalf, within seven days from
the end of the month in which the deduction is made, and issue a
TDS certificate in Form No.16B to the Promoters within fifteen
days from the due date for furnishing the challan-cum-statement in
Form No.26QB, after generating and downloading the same from
the web portal specified by the Director General of Income-tax
(System) or the person authorized by him, so as to enable the
Promoters to give credit to the Purchaser/s for the same. The
lump sum consideration as herein mentioned shall be paid by the
Purchaser/s to the Promoters in the following manner:

Sr.
Payment Schedule
No.
A On Booking 10%
B On Execution of Agreement 5%
C On Commencement of Work 5%
D On Completion of Plinth (Foundation) 10%
E 1st Floor (Parking Floor) 4%
F 3rd Floor (Parking Floor) 4%
G 5th Floor (Parking Floor) 4%
H 7th Floor (Parking Floor) 4%
I 9th Floor (Residential Floor) 2%
J 11th Floor (Residential Floor) 2%
K 13th Floor (Residential Floor) 2%
L 15th Floor (Residential Floor) 2%
M 17th Floor (Residential Floor) 2%
N 19th Floor (Residential Floor) 2%
O 21st Floor (Residential Floor) 2%
P 23rd Floor (Residential Floor) 2%
Q 25th Floor (Residential Floor) 2%
R 27th Floor (Residential Floor) 2%
S 29th Floor (Residential Floor) 2%
Draft without prejudice 26

T 31st Floor (Residential Floor) 2%


U 33rd Floor (Residential Floor) 2%
V 35th Floor (Residential Floor) 2%
W 37th Floor (Residential Floor) 2%
X 39th Floor (Residential Floor) 2%
Y 41st Floor (Residential Floor) 2%
Z 43rd Floor (Residential Floor) 2%
AA 45th Floor (Residential Floor) 2%
BB 47th Floor (Residential Floor) 2%
CC 49th Floor (Residential Floor) 2%
DD 51st Floor (Residential Floor) 2%
EE Top Slab (Residential Floor) 2%
FF Flooring 3%
GG On Possession 5%
Total 100%

It is however expressly agreed by and between the Promoters and


the Purchaser/s that the building plans are presently sanctioned
upto 43 floors and the Promoter expect to construct a building up
to 54 floor and above in view of their expectation for increase in
F.S.I of the proposed scheme and accordingly have proposed the
payment schedule as aforesaid. However, in the event of there
being no increase in F.S.I as aforesaid and the building proposed
to be constructed on the said Lands is only upto ____ floors then
in that event the payment towards the installments mentioned in
clause 4 sub-clauses (AA) to (EE) shall be paid by the Purchaser
along with the installment payable as mentioned in clause 4 sub-
clause (Z) above and the Purchaser expressly agrees and
undertakes to pay the same.

The time for payment of each of the installments is of the essence


of the contract and the Purchaser/s shall be liable to pay to the
Promoters interest @ 12 % per annum on all amounts due and
payable by the Purchaser/s under this Agreement, if any such
amount remains unpaid for a period of seven (7) days or more
after becoming due in terms aforesaid and hereunder.

5. The Purchaser/s are aware that as per prevalent statute,


GST is leviable/applicable on the purchase price payable
hereunder and consequently the amount of each installment
payable by the Purchaser/s to the Promoters in respect of this
transaction, shall proportionately increase to the extent of the
liability of such taxes. The Purchaser/s hereby undertake(s) to pay
Draft without prejudice 27

the amount of the GST along with each installment from the
effective date and further shall not dispute or object to the
payment of such statutory dues. The Promoters shall not be
bound to accept the payment of any installment unless the same
is paid alongwith the amount of GST applicable thereon and the
Purchaser/s shall be deemed to have committed default in
payment of amount due to the Promoters hereunder if such
payment is not accompanied with the applicable Service Tax/VAT
etc., Provided Further that, if on account of change/amendment in
the present statute or laws, statutes, rules, regulations and
policies or enactment of new legislation of new laws by the Central
and/or State Government, any other taxes become payable
hereafter on the amounts payable by the Purchaser/s to the
Promoters in respect of this transaction and/or the aforesaid taxes
levied is increased on account of revision by Authorities, the
Purchaser/s shall be solely and exclusively liable to bear and pay
the same and the Promoters shall not be liable to pay the same in
any manner whatsoever.

6. The Purchaser/s agree/s and undertake/s to pay all the


amounts payable under this agreement within Seven (7) days
from the date of Promoters intimating to the Purchaser/s that the
amount is due and payable and the Purchaser/s shall without any
objections or requisitions as regards to the payment of the amount
payable as per the intimation, make due payment of the same and
further the Promoters are not bound to give any further
notice/intimation as a reminder and further in absence of any such
reminder shall not be deemed as an excuse for non payments of
any amounts on the due dates.

7. Without prejudice to the right of the Promoters to receive


interest @ 12% per annum on the delayed payments, if the
Purchaser/s commit default (a) in payment of any of the
installments aforesaid on their respective due dates (time being
the essence of the contract) and/or (b) in observing and
performing any of the terms and conditions of this Agreement and
if the default continues on any three instances, inspite of 15
days notice to be sent by Promoters to the Purchaser/s (prior to
the Purchaser/s taking possession of the said Premises), the
Promoters shall be at liberty to terminate this Agreement in terms
of these presents and as hereinafter stated.
Draft without prejudice 28

8. On the Purchaser/s committing default on the due dates


(on any three instances) in respect of payment of any installment
of the amounts due and payable by the Purchaser/s to the
Promoters under this Agreement (including non-payment of GST
etc., levied under the relevant statutes) and upon the Purchaser/s
committing breach of any of the terms and conditions herein
contained, the Promoters shall be entitled at its own option to
terminate this Agreement.

Provided always that the power of termination herein before


contained shall not be exercised by the Promoters, unless and
until the Promoters shall have given to the Purchaser/s’ 15
(fifteen) days prior notice in writing of its intention to terminate this
Agreement and of the specific breach or breaches of terms and
conditions in respect of which it has intended to terminate the
Agreement and default shall have been made by the Purchaser/s
in remedying such breach or breaches within 15 (fifteen) days
after receipt of such notice.

In the event of termination of this agreement as aforesaid, the


consequences hereinafter set out shall follow:

(a) the Purchaser/s shall cease to have any right or interest in


the said Premises or any part thereof;

(b) The Promoters shall be entitled to sell the said Premises at


such consideration and on such terms and conditions to such
other person or party as the Promoters may in their absolute
discretion deem fit and the Purchaser/s shall not be entitled to
question such sale or to claim any amount from the Promoters.

(c) the Promoters shall refund to the Purchaser/s the amount


paid by the Purchaser/s to the Promoters in pursuance of this
Agreement after deducting thereform-

(i) 20% of the purchase price/earnest money of the said


Premises (which is to stand forfeited by the Promoters
towards predetermined liquidated damages for default on
the part of the Purchaser/s);
Draft without prejudice 29

(ii) the taxes and outgoings, if any, due and payable by the
Purchaser/s in respect of the said Premises upto date of
termination of this Agreement.

(iii) the amount of interest payable by the Purchaser/s to the


Promoters in terms of this Agreement from the dates of
default in payment till the date of termination of this
agreement.

(iv) the Purchaser/s agree/s that receipt of the said refund vide
Cheque from the Promoters by the Purchaser/s by
registered post acknowledgement due at the address
given by the Purchaser/s in these presents, whether the
Purchaser/s accept/s or encash/es the Cheque or not, will
amount to due refund by the Promoters in terms of these
presents.

9. The fixtures, fittings and amenities to be provided by the


Promoters in the said Premises are as per the list annexed hereto
and marked as Annexure- “9” and the details of common areas
and facilities appurtenant to the said Premises shall be as per the
list annexed hereto and marked as Annexure- “10” and such
common amenities shall be provided, subject to the terms and
conditions herein mentioned.

10. The Promoters shall be entitled to avail loans from financial


institutions and/or Banks etc., for development of the above
building/s on the aforesaid Lands in which the said Premises is
situated, against the security of the premises forming part of the
sale building, subject however that any such mortgage and/or
charge created by the Promoters shall not adversely affect the
rights of the Purchaser/s in respect of the said Premises agreed
to be sold to him/her/them hereunder and in terms of these
presents.

11. The Promoters hereby agree that:

(i) The Promoters hereby agree to observe perform and


comply with all the terms, conditions, stipulations and
restrictions, if any, which may have been imposed by SRA
and/or other concerned local authority at the time of
sanctioning the said plans or thereafter and shall, before
Draft without prejudice 30

handing over possession of the said Premises to the


Purchaser/s, obtain from the concerned local authority,
occupation certificate and/or part occupation certificate in
respect of the new building in which the said Premises is
situated. It is agreed that after the receipt of the
Occupation Certificate, all such obligations shall be
complied and performed by the Purchaser/s alongwith
other purchasers of premises in the building.

(ii) The Promoters shall deliver the possession of the said


Premises to the Purchaser/s after the said Premises is
ready for use and the Occupation Certificate is issued by
SRA and/or any other competent authority, provided that
all the amounts due and payable by the Purchaser/s under
this Agreement have been paid to the Promoters from
time to time without committing any default in payment
thereof and the Purchaser/s has/have complied with and/or
have observed and performed all the terms and conditions
of this Agreement. The Purchaser/s shall take possession
of the said Premises within a period of 15 (fifteen) days
from the date of the Promoters giving written notice to the
Purchaser/s intimating that the said Premises is ready for
use and occupation.

(iii) The Promoters before causing the execution of lease of


the Portion of the Land underneath the sale building or the
said Lands in favour of the Society or the Societies as the
case may be, make full and true disclosure of the nature of
its title to the said Lands as well as encumbrances, if any,
including any right, title, interest or claim of any party in or
over the said Lands and shall, as far as practicable, ensure
that the leasehold rights in respect of the Portion of the
Land underneath the sale building or the said Lands is free
from all encumbrances.

12. (i) The possession of the said premises shall be


delivered by Promoters to the Purchaser/s on or before
30th June, 2021;

(ii) Notwithstanding anything contained to the contrary


herein, the Promoters herein shall not incur any liability, if it
Draft without prejudice 31

is unable to deliver possession of the said Premises by


the aforesaid date if the completion of the scheme/project
is delayed by reason of (i) non-availability of steel and/or
cement or other building materials or water supply or
electric power or (ii) by reason of water, civil commotion,
any act of God, or (iii) if non-delivery of possession is as a
result of any notice, order, rule or notification of the
Government and/or any other Public or Competent
Authority or of the Court or any change in any existing rule,
notification etc., or (iv) for any other reason beyond the
control of the Promoters and in any of the aforesaid events
the Promoters shall be entitled to the reasonable extension
of time for giving delivery of possession of the said
Premises .

13. If the Promoter fails to abide by the time schedule for


completing the said Real Estate Project i.e. the said Building and
for handing over the said Premises to the Purchaser/s on the
possession Date (save and except Force Majeure, then the
Purchaser/s shall be entitled to either of the Following:-

(i) Call upon the Promoter by giving a written notice by


Courier / E-mail / Registered Post A.D. at the
address provided by the Promoter (“Interest
Notice”) to pay Interest Rate for every month of
delay from the possession date of the
Consideration paid by the Purchaser/s. the interest
shall be paid by the Promoter to the Purchaser/s till
the date of offering to hand over of the possession
of the said Premises by the Promoter to the
Purchaser/s; OR

(ii) The Purchaser/s shall be entitled to terminate this


Agreement by giving written notice to the Promoter
by Courier / E-mail / Registered Post A.D. at the
address provided by the Promoter (“Purchaser/s
Termination Notice”). On the receipt of the
Purchaser/s Termination Notice by the Promoter,
this Agreement shall stand terminated and
cancelled. Within a period of 30 days from the date
of receipt of the Purchaser/s Termination Notice by
the Promoter, the Promoter shall refund to the
Draft without prejudice 32

Purchaser/s the amounts already received by the


Promoter under this Agreement with interest
thereon at Interest Rate to be computed from the
date the Promoter received such amount/part
thereof till the date such amounts with interest at
the Interest Rate thereon are duly repaid. On such
repayment of the amounts by the Promoter (as
stated in this clause), the Purchaser/s shall have no
claim of any nature whatsoever on the Promoter
and/or the said Premises and/or Car Park/s and the
Promoter shall be entitled to deal with and/or
dispose off the said Premises and/or the car park in
the manner it deems fit and proper.

In case if the Purchaser/s elects his/her/their remedy under sub-


clause (a) above then in such a case the Purchaser/s shall not
subsequently be entitled to the remedy under sub-clause (b)
above.

(iii) It is agreed that upon the termination of this


Agreement by the Purchaser/s, the claim of the
Purchaser/s shall be restricted to refund of monies
to be paid with simple interest as herein above
mentioned and that the Purchaser/s shall not be
entitled to claim any amounts towards loss,
damages and/or mental trauma or otherwise.
Neither party shall have any other claim against the
other in respect of the said Premises and/or arising
out of this Agreement and Promoters shall be at
liberty to sell and dispose off the said Premises to
any other person at such price and upon such term
and conditions as Promoters may deem fit.

(iv) If as a result of any legislative order or regulation or


direction of the Government or Public Authorities or
for any natural calamity for any other reason
beyond the control of the Promoters, the aforesaid
sale building is not completed and/or the
possession of the said Premises is not given to the
Purchaser/s, the only responsibility and liability of
Promoters will be to pay over to the Purchaser/s
Draft without prejudice 33

and the other persons who may have purchased or


who may purchase hereafter, the premises in the
said sale building, the total amount that may be
received by the Promoters but without any interest
thereon and save as aforesaid neither party shall
have any right or claim against the other under or in
relation to this Agreement, or otherwise howsoever.
The amount so refunded shall be in full and final
satisfaction and settlement of the claim of the
Purchaser/s under this Agreement. The
Purchaser/s agree that receipt of the said refund by
cheque from the Promoters by the Purchaser/s by
registered post acknowledgement due at the
address given by the Purchaser/s in these
presents, whether the Purchaser/s accept/s or
encash/es the Cheque or not, will be considered as
refund of the said amount in terms of these
presents.

(v) The Promoters shall confirm the final carpet area


that has been allotted to the Purchaser/s after the
construction of the sale building is complete and
the occupation certificate is granted by the
competent authority, by furnishing details of the
changes, if any, in the carpet area, subject to the
variation cap of 3% (three percent). The total price
payable for the carpet area of the said Premises
shall be recalculated upon confirmation by the
Promoters. It is expressly agreed that if there is any
increase in the carpet area allotted to Purchaser/s,
the Promoters shall demand the additional amount
from the Purchaser/s towards consideration, which
shall be payable by the Purchaser/s prior to taking
possession of the said Premises. It is clarified that
all monetary adjustments as envisaged in this
Clause shall be made at the same rate per square
feet and computed on the basis of the total
consideration as mentioned in Clause 4 of this
Agreement.

14. (i) The Purchaser/s shall take possession of the said


Premises within 15 (fifteen) days of the Promoters giving
Draft without prejudice 34

written notice to the Purchaser/s informing that the said


premises is ready for use and occupation.

(ii) Upon possession of the said Premises being


delivered to the Purchaser/s, he/she/it/they shall be
entitled to the use and occupy the said Premises and
thereafter he/she/it/they shall have no claim against the
Promoters in respect of any item of work or amenities in
the said Premises or otherwise in the said sale building/s,
which may be alleged not to have been carried out or
completed.

(iii) Provided that if within the defect liability period


specified under the said Act, the Purchaser/s bring/s to the
notice of the Promoters any structural defect in the said
premises or the building in which the said premises is
situated or the material used therein or any unauthorized
change in the construction of the said new building, then,
wherever possible such defects or unauthorized changes
shall be rectified by the Promoters, as per the said RERA
Act, at their own cost and in case it is not possible to rectify
such defects or unauthorized changes, then the
Purchaser/s shall be entitled to receive from the Promoters
reasonable compensation for such defect or change.
However, if the Purchaser/s carry out any alteration or
addition or change in the said premises and/or the said
new buildings without obtaining prior written permission of
the Promoters and the concerned authorities wherever
required, the liability of the Promoters shall come to an end
and the Purchaser/s alone shall be responsible to rectify
such defect or change at his/her/their own cost/s.

(iv) The Purchaser/s shall take possession of the said


Premises within a period of 15 days of the Promoters
giving written notice to the Purchaser/s intimating that the
said premises is ready for use and occupation. On the
expiry of a period of 15 days from the date of such notice
in writing given by the Promoters to the Purchaser/s that
the said Premises is ready for use and occupation,
irrespective of whether the possession of the said
Premises is taken or not in accordance with the provisions
Draft without prejudice 35

of this Agreement, the Purchaser/s shall be liable to bear


and pay the proportionate share (i.e. in proportion to the
built up floor area of the said premises) of all outgoing in
respect of the said Lands and the said sale building
namely local taxes, property tax, betterment charges, lease
rent, lease premium, if any payable to the MCGM or such
other levies by the concerned local authority and/or
government, water charges, insurance, common lights,
repairs and salaries of clerks, bill collectors, security staffs,
sweepers and other expenses necessary and incidental to
the management and maintenance of the said Lands or
such part thereof and the said sale building/s thereon, until
the society and/or societies is formed and registered in
respect of the sale building/s together with the land
underneath thereof and/or the said Lands together with the
new building/s thereon (save and except the reserved area
as herein mentioned) is leased to the said society and/or
such societies by the SRA or the concerned authorities as
the case may be.Furthermore, if on the expiry of 15
(fifteen) days from the date of the aforesaid possession
notice and for any reason whatsoever, the Purchaser/s
fails to take exclusive physical possession of the said
Premises, the Purchaser/s shall become liable to pay
holding charges @ Rs.20/- per square feet of carpet area
of the said Premises per month to the Promoters.

(v) The Purchaser/s shall pay to the Promoters such


proportionate share of outgoings as may be determined by
the Promoters. The Purchaser/s further agree/s and
undertake/s that the Purchaser/s shall pay to the
Promoters provisional monthly contribution of Rs.13/- per
sq. ft. per month towards outgoings and maintenance
expenses. However, the Purchaser/s shall before taking
possession of the said Premises pay to the Promoters the
said sum of Rs.13/-per sq. feet per month for the period of
12 (twelve) months maintenance charges as advance
payment of maintenance charges. The amounts so paid by
the Purchaser/s to the Promoters shall not carry any
interest and remain with the Promoters till the necessary
vesting/transfer document is executed in favour of the said
society and/or the other societies as the case may be,
subject to provision of the said Act and/or the relevant
Draft without prejudice 36

rules and regulations in connection therewith. On such


vesting/transfer document being executed, subject to
deductions to be made if any, the Promoters shall transfer
the balance amount to and in favour of the society or the
societies. In case of the deficit of the maintenance charges
as herein mentioned above then in such case the
Purchaser/s shall further pay his proportionate share of
outgoings and after the 12 months either Purchaser/s shall
pay further advance 6 (six) months maintenance charges
or shall pay regularly on or before the 5th day of each and
every month in advance as may be decided by the
Promoters and shall not withhold the same for any reason
whatsoever.

15. The Purchaser/s shall at the time of delivery of possession


of the said premises pay to the Promoters the following amounts:-

(i) Rs. 30,000/- (Rupees Thirty Thousand only) being agreed


amount towards the legal charges;

(ii) Rs. 650/- (Rupees Six Hundred only) towards share


application money and admission fees of Society ;

(iii) Rs. 20,000/- (Rupees Twenty Thousand only) towards the


formation & registration of the Society;

(iv) Rs. 25,000/- (Rupees Twenty Five Thousand only)


for water meter, electric meter, towards costs of electric
sub-station, cables, sewage connection;

(v) Rs. 1,10,000/- (Rupees Seventy Five Thousand only)


towards development charges and betterment charges;

(vi) Rs. 10,000/- (Rupees Ten Thousand Only) towards Piped


Gas Connection

Total Rs: .…………………../- (Rupees


……………………………………… Only); and

(vii) Applicable amount towards GST and/or and any other tax
on any name whatsoever in respect of this transaction, if
Draft without prejudice 37

any, payable by Promoters to the prescribed authority will


in addition to the sale price agreed to be paid by the
Purchaser/s to the Promoters in terms of these presents.

16. The Promoters shall, without being accountable to utilize


the sum as mentioned in Clause 15(i) and (iii) paid by the
Purchaser/s for meeting all legal costs, charges and expenses
including professional cost of attorney at law, Advocates and
Solicitors of the Promoters in connection with formation of the
Society, the cost of preparing its rules, and regulations and the
bye – laws and the cost of preparing and engrossing this
Agreement, and the Lease Deed etc. The Promoters also shall
without having to render any account of whatsoever nature either
to the Purchaser/s or the society shall utilise the sum specified in
Clause 15(iv) and (vi) for the purposes mentioned herein.

17. The Promoters shall maintain a separate account in


respect of sums mentioned in Clause 15 (ii) and the advance
maintenance as received under clause 14(v) above from the
Purchaser/s on account of share money and for maintenance
charges respectively shall utilize the amounts only for the
purposes for which they have been received.

18. The Promoters may, at their sole discretion, construct a


clubhouse, swimming pool, and other social and recreational
facilities within the said Lands and in the said sale building
(hereinafter referred to as the “said Club”), intended for use and
enjoyment of all purchaser/s of the said building/s. If constructed,
the said Club shall be made available to the Purchaser/s after
possession the said Premises has been offered to the Purchaser/s
as herein above, SUBJECT HOWEVER TO the payment of such
charges as may be decided by the Promoters and FURTHER
SUBJECT TO the Purchaser/s paying the payment of
Rs……………………/- being the one time membership fees for
enjoying the facilities provided in the club as per the rules and
regulations framed by the Promoters as herein mentioned.

Also FURTHER SUBJECT TO the payment of the usual user


charges fixed by the Management of the Club from time to time
for the facilities used and also SUBJECT TO Rules and
Regulations framed by the Promoters for the use of the same. For
Draft without prejudice 38

the sake of clarity it is reiterated that the possession the said


Premises shall have no connection and co-relation with the said
Club becoming operational and the Purchaser/s shall not raise any
claim or objection in this regard.

19. The Promoters may, at their sole discretion, construct a


Temple and other social and recreational facilities within the said
Lands and in the said sale building (hereinafter referred to as the
“said Mandir”), and if constructed said Mandir shall be managed
by Jain Community and the Promoters AND the Purchaser/s not
object for the worship to the Goddesses on any ground including
the nuisance, annoyances etc., and the said Mandir shall be
SUBJECT TO Rules and Regulations framed by the Promoters for
the use of the same. For the sake of clarity it is reiterated that
the possession the said Premises shall and will always be with the
Promoters and the Promoters either forming the Trust or otherwise
as the case may be and the Purchaser/s shall not raise any claim or
objection in this regard. but the proportionate property tax in
respect of the said Mandir shall be paid by the Promoters or the
Trust formed by the Promoters as the case may be and the
Promoters or the said Trust will be entitled to be the regular
member of the said Society as and when the same shall be
formed and registered. It is further agreed that under no
circumstances whatsoever the Society or any Member shall have
right to pass any such resolution which adversely affect the rights
of the Promoters or the said Trust of the Promoters for any
activities carried thereon including but not limited to the religious
or any social activities as per the object of the Trust to be formed
by the Promoters and It is further agreed that neither the Society
or any person or persons on behalf of the society or its members
shall object any such activities as herein states or the use thereof
as the Mandir or its access to the general on any ground
whatsoever. The said Mandir and the land appurtenant thereto
shall for all purposes of this agreement be deemed to be the area
reserved by the Promoters for the purposes aforesaid and all
references to the reserved area in this agreement shall be
deemed to mean and include the aforesaid Mandir and the land
appurtenant thereto. This being the fundamental undertaking
given by the Purchaser to the Promoters and its Trust as and
when the same being formed and relying on the said undertaking
only the Promoters have agreed to sell the said Premises to the
Purchaser.
Draft without prejudice 39

20. The Promoters shall have a first charge and lien on the
said premises in respect of any amount payable by the
Purchaser/s under the terms and conditions of this Agreement.

21. It is hereby expressly clarified, agreed and understood


between the parties hereto that:

(i) The Promoters do and each of them doth hereby


declare that no part of the FSI relating to the said Lands
have been utilized by the Promoters elsewhere for any
purpose whatsoever;

(ii) The entire unconsumed and residual F.S.I., T.D.R.


etc., if any in respect of the said Lands and the entire
increased, additional and extra F.S.I./T.D.R. which may be
available at any time hereafter in respect thereof for any
reason whatsoever including because of change in the
statute, D.P. Plan, Rules, Regulations and bye-laws
governing the loading and utilization of FSI and/or due to
merger and amalgamation of the SRA Scheme of the said
Lands with any other SRA Scheme/s and as also the F.S.I.
which may be available till the completion of the entire
project in all respect i.e. till obtaining the Building
Completion Certificate of all the sale building/s to be
constructed in phase wise manner on the said Lands or on
the portion of the said Lands on any account or due to any
reason whatsoever, including on account of handing over
to the SRA or the Government or the Municipal
Corporation of Greater Mumbai any set back area and/or
due to any change in law, rules or regulations, shall
absolutely belong to and be available to the Promoters
alone and neither the Purchaser/s herein, nor the society
and/or the societies being formed and registered of the
sale building/s shall have or claim any rights, benefits or
interest whatsoever in respect thereof including for use and
consumption thereof and/or make any claims on the
ground of inconvenience and/or blockage of light and/or
ventilation and/or density and curtailment of environment
and/or water and electricity etc., and/or in any manner
whatsoever;
Draft without prejudice 40

(iii) The Promoters have full right, absolute authority


and unfettered discretion to use, utilize and consume the
aforesaid FSI and TDR, respectively for construction on
any property in Greater Mumbai as may be permitted by
law, including the said Lands, for the purpose of extending
the new building/s thereon and/or for constructing any new
and additional structures and floors thereon and/or
otherwise howsoever, as it may desire and deem fit and
proper;

(iv) The Promoters shall also be entitled to use, utilize


and consume the TDR obtained or to be obtained by it
from any other outside property, for construction on the
said Lands in any manner it deems fit and proper and as
may be legally permitted, whether now or at any time in
future, including after execution of the lease deed or any
other vesting document in respect of the said Lands or any
part thereof, as aforesaid; and the Purchaser/s and/or the
society being formed and registered of the sale building/s
shall not be entitled to use or consume the same at any
time, even after execution of lease or any other document
vesting the title in respect of the said Lands or any part
thereof, in favour of the such society or the societies.

(v) The top terrace of the Sale building is agreed to be


left open to the sky for further and additional constructions
thereon by the Promoters in future at any stage and/or time
in terms of what is stated in the aforesaid clause. Neither
the Purchaser/s nor such society nor its members will
have any right to use or have any claim right title or interest
of whatsoever nature in the said top terrace, until the
completion of the scheme/project in its entirety and as
mentioned hereinabove;

(vi) The society as formed shall admit as its members


all purchasers of such new and additional premises in the
said sale building/s.

(vii) All such new and additional premises, floors,


buildings and structures shall absolutely and exclusively
belong to the Promoters and the Purchaser/s or the society
Draft without prejudice 41

shall have not claim any rights, title, benefits or interests


whatsoever in respect thereof and the Promoters shall be
entitled to deal with, sell, let or otherwise dispose off and
transfer the same in any manner, to any person/party of its
choice, for such consideration, and on such terms and
conditions as they may in their sole and absolute discretion
deem fit and proper and neither the Purchaser/s nor such
society shall raise any dispute or objection thereto and
the Purchaser/s hereby grant/s his/her/their irrevocable
consent/s to the same;

(viii) The Purchaser/s shall not at any time hereafter


raise any objection or dispute on any ground whatsoever
to the provisions of this clause 21 (including all its sub-
clauses) or to the Promoters exercising its rights as
mentioned herein, nor shall he/she/they claim any
abatement or reduction in the purchase price due to the
same nor shall they claim any compensation or damages
from the Promoters due to the same and on any ground
whatsoever including on the ground of any inconvenience
or nuisance which may be caused as a result of the
Promoters putting up and effecting such new and
additional construction as mentioned hereinabove;

(ix) The Promoters shall have unfettered full, free and


complete right of way and means of access over, along,
across and under all internal access roads at all times of
the day and night for all purposes and either on foot or with
or without carts, carriages, motor-cars, motor-cycles,
motor-trucks or other vehicles either laden or unladen or
with or without horses and other animals as well as full,
free and complete right to store building material on any
portion of the said Lands or the said Lands for the purpose
of carrying on construction of the said building/s as well as
for the purpose of constructing additional floors or
additional structures on the said lands for consuming the
unconsumed F.A.R. (F.S.I.) of the said Lands and also full,
free and complete right and liberty to lay and connect
drains, pipes, electricity, telephone, telegraph, fax, cables
and the equipment of other amenities and service facilities
for full and proper use and enjoyment of the said Lands
and/or the neighbouring Land or the Lands that may have
Draft without prejudice 42

been or that may hereafter be agreed to be purchased or


taken for development by the Promoters or have merged
the SRA Scheme with the neighbouring SRA Scheme or in
the same vicinity and if necessary to connect drains, pipes,
cables etc., of the additional floors or additional structures
to be constructed on the said Lands as well as of the
buildings and structures constructed or to be constructed
on such neighboring lands or Lands under, over or along
the said internal roads or on any portion of the said Lands.
Specific and suitable provisions to that effect shall be
made in the instrument of transfer i.e. lease deed, hereby
contemplated in favour of the Society or other societies.
The Purchaser/s hereby unconditionally and expressly
consent/s to the same.

(x) The Promoters shall have unfettered right to


amalgamate or to amalgamate the said SRA Scheme with
any other adjoining SRA Scheme in the same vicinity as
the Promoters may deem fit and proper and at their own
discretion and the Purchaser hereby gives his/her/their
irrevocable consent for the same.

(xi) The provisions of this clause shall always be the


essence of this Agreement.

22. The Promoters shall be entitled to enter into agreements


with other Purchaser/s in respect of unsold premises forming part
of their respective allocations for any other permissible user in that
behalf in such manner and on such terms and conditions as it may
deem fit without affecting or prejudicing the rights of the
Purchaser/s in the said Premises.

23. The name of the building shall be “SIDDHA -SEABROOK”


and the name plate on the building shall and will always be the
SIDDHA- SEABOOK developed by “SEJAL- SIDDHA
PROJECT” and neither the Purchaser/s nor the society or other
societies of Purchaser/s be entitled to change it under any
circumstances whatsoever.

24. The Purchaser/s is/are aware that the Promoters may


either itself and/or through its purchaser/s and/or nominees or any
of them jointly and/or separately give the unsold premises or any
Draft without prejudice 43

reserved area on leave and licence and/or lease basis to banks or


other institutions and/or any other party on such terms and
conditions as it may deem fit and such leave and licence/lease or
other writings shall be binding on the Purchaser/s and
consequently on the society or other societies to be formed and
registered. Neither the Purchaser/s nor such Society or any other
societies will be entitled to object to the same and/or to charge
any additional amount in the form of non–occupancy charges or
otherwise. The Purchaser/s shall also not at any time vote in any
meetings of the said society or other societies in favour of any
resolution levying any charges on such premises after such
society or other societies is/are formed and this covenant shall
be incorporated in the ultimate lease to be executed in this regard
in favour of such society or other societies or shall be separately
recorded in such deed/s document as the Promoters may decide.

25. The Purchaser/s himself/herself/itself/ themselves with


intention to bind all persons into whosoever hands the said Premises
may come, doth hereby covenant/s with the Promoters as follows:

(a) TO MAINTAIN the said Premises at Purchasers’ costs in


good tenantable repair and condition from the date the possession
of the said Premises is taken/ the said Premises is notified by the
Promoters as being ready for use and occupation and shall not do or
suffer to be done anything in or to the sale building/s in which the said
Premises is situated, and also in the stair-case or any passages
which may be against the rules, regulations or bye-laws of the
concerned local or any other authority or change/alter or make
addition in or to the building/s in which the said Premises is situated
and the said Premises or any part thereof.

(b) NOT TO STORE in the said Premises or any other part of


the said sale building/s or on any portion of the said Lands or in
parking space/s any goods which are of hazardous, combustible or
dangerous nature or are so heavy as to damage the construction or
structure of the said sale building/s or storing of which goods is
objected to by the concerned local or other authority and shall not carry
or cause to be carried heavy packages to upper floors which may
damage or are likely to damage the staircase, common passages
or any other structure of the said sale building/s, including
Draft without prejudice 44

entrances of the said building/s and in case of any damage is caused


to the said sale building/s or the said Premises on account of
negligence or default of the Purchaser/s in this behalf, the
Purchaser/s shall be liable for the consequences of the breach.

(c) TO MAINTAIN from the date the said Premises is notified by


the Promoters as being ready for use and occupation, at
his/her/its/their own cost/s, the said Premises and to carry out all
internal repairs to the said Premises and maintain the said Premises in
the same condition, state and order in which they were delivered by
the Promoters to the Purchaser/s and shall not do or suffer to be
done anything in or to the said sale building/s or the said Premises
which may be forbidden by the rules and regulations and bye-laws
of the concerned local authority or other public authority. And in the
event of the Purchaser/s committing any act in contravention of the
above provision, the Purchaser/s shall be responsible and liable
for the consequences thereof to the concerned Promoters local
authority and/or other public authority.

(d) NOT TO DEMOLISH or cause to be demolished the said


Premises or any part thereof, not at any time make or cause to
be made any addition or alteration in the said Premises
/elevation and outside colour scheme of the said sale building/s and
to keep the portion partitions, sewers, drains and pipes in the said
Premises and appurtenances thereto in good tenantable repair
and condition and in particular so as to support shelter and
protect the other parts of the said building/s and the
Purchaser/s shall not chisel or in any other manner damage
the columns, beams, walls, slabs, or R.C.C. Pardis or other
structural members in the said Premises without the prior written
permission of the Promoters and/or the Society as when formed and
registered. In case on account of any alterations being carried out
by the Purchaser/s in the said Premises (whether such
alterations are permitted by the Promoters, Concerned Authorities or
not) there shall be any damage to the adjoining premises or to the
premises situated below or above the said Premises (inclusive of
leakage of water and damage to the drains) the Purchaser/s
shall at his/her/its/their own cost/s and expenses repair such
damage (including recurrence of such damages).
Draft without prejudice 45

(e) TO ABIDE BY all the Bye-laws, Rules and Regulations


of the Government, BMC, Reliance energy and all other Local and
Public Bodies and Authorities and shall attend to, answer and
will be responsible for all actions for violation of any such Bye-
laws or Rules or Regulations.

(f) NOT TO THROW dirt, rubbish rags, garbage or other


refuse or permit the same to be thrown from the said Premises in
the compound or any portion of the said land and the said sale
building/s.

(g) NOT TO enclose terrace attached to the said


Premises and make them a part of room/hall. The
Purchaser/s has/have been clearly informed that the terrace
attached to the said Premises has been approved by the
MCGM as an open terrace shall further not cover any
elevation features or chajjas if any, attached to the said
Premises and make a part of the said Premises for the use of
the room/hall. These elevation features shall continue to remain
as elevation features.

(h) PAY TO the Promoters within 7 days of demand by


the Promoters his/her/itself share of security deposit demanded
by the Concerned Local Authority or Government for giving water,
Electricity or any other service connection to the said sale
building/s.

(i) TO BEAR and pay from 15 days from the date of


intimation to take the possession of the said Premises,
his/her/its/their proportionate share that may be determined by
the Promoters from time to time, of Outgoings in respect of the
said Lands including the insurances, all taxes, water charges,
charges for installation, repairs and maintenance of common
lights, charges for sweepers, watchmen and security service,
sanitation, additions and alterations, paintings, colour,
washing, etc. and all other expenses incidental to the
management of the said sale building/s. Such payment shall be
made by the Purchaser/s on or before the 5th day of each and
every calendar month in advance whether demand therefore is
made or not,
Draft without prejudice 46

(j) NOT TO LET, transfer, assign, or part with the Purchaser/s


interest or benefit factor of this Agreement or the said Premises or
part with the possession of the said Premises or any part thereof until
all the dues payable by the Purchaser/s to the Promoters under
this Agreement are fully paid up and possession of the said Premises
has been duly handed over by the Promoters to the Purchaser/s
and only if the Purchaser/s has not been guilty of breach of or
non-observances of any of the terms and conditions of this
Agreement and until the Purchaser/s has/have obtained
permission in writing of the Promoters for the purpose. Such
transfer shall be only in favour of the Transferee as may be
approved by the Promoters. In the event of any contravention
of what is stated hereinabove in this sub-clause the Promoters
shall be entitled (but not bound) at its option to terminate this
Agreement hereof and/or to treat any person who is placed in
possession of the said Premises as a trespasser and to deal with him
accordingly including without prejudice to charge compensation from
the Purchaser/s the said person on account of such breach.

(k) TO OBSERVE AND PERFORM all the rules and regulations


which the condominium/Co-operative Society/Limited Company of
the Flat holders in the said sale building/s may adopt at its
inception and the additions, alterations or amendments thereof
that may be made from time to time for protection and
maintenance of the said sale building/s and the premises therein
and for the observance and performance of the building rules,
regulations and bye-laws for the time being of the Concerned
Local Authority and of the Government and other public bodies.
The Purchaser/s shall also observe and perform all the
stipulations and conditions laid down by the Society regarding the
occupation and use of the said Premises in the said sale building/s
and shall pay and contribute regularly and punctually towards the
taxes, lease rent, expenses or other outgoings in accordance with
the terms of this Agreement.

(l) TO REMOVE any obstruction or nuisance that may be caused by


the Purchaser/s in the premises / sale building/s /the said Lands,
forthwith on being called upon to do so by the Promoters /society
and in the event the Purchaser/s failing to remove the said
obstruction/nuisance, it may be removed by the Promoters/ society
at the costs and consequences of the concerned Purchaser/s.
Draft without prejudice 47

(m) TO GIVE ALL FACILITIES, assistance and co-operation as may


be required by the Promoters/society from time to time and at all
times hereafter, to maintain, repair, renovate and/or replace any
common area/facilities/ amenity/service line/infrastructure of
and/or relating to any of the sale building/s or premises on the said
Lands including by temporarily suspending (if necessary) the
use, occupation and/or enjoyment of the rights (if any) that may
have been granted by the Promoters (such as parking
vehicles, enjoying any particular open/enclosed space
etc.) for such periods during which the maintenance, repairs,
renovation and/or replacement if being carried out, without
seeking any rebate and/or compensation for or in respect of the
same. Till lease in respect of the portion of the Land underneath
the sale building/s or the said Lands is executed the Purchaser/s
shall permit the Promoters and their Surveyors and Agents, with
or without workmen and others, at all reasonable times, to enter
into and upon the said Lands or part thereof and the said sale
building/s or any part thereof to view and examine the state and
condition thereof.

(n) TO OBSERVE AND PERFORM all the terms and conditions


and covenants to be observed and performed by the
Purchaser/s as set out in this Agreement (including in the
recitals thereof). If the Purchaser/s neglect/s, omit/s or fail/s
to pay for any reason whatsoever to the Promoters the
amounts payable under the terms and conditions of this
Agreement (whether before or after the delivery of the
possession) within the time specified for the payment thereof or
if the Purchaser/s shall in any other way fail to perform or
observe any of covenants and stipulations herein contained or
referred to, within a period of seven (7) days from receipt of a
written notice from the Promoters calling upon the Purchaser/s
to make the said payment and/or comply with the said
covenants and stipulations the Purchaser/s shall be liable to
pay to the Promoters such compensation as may be reasonably
determined by the Promoters in the event of noncompliance by
the Purchaser/s with the said notice the Promoters shall be
entitled to proceed against the Purchaser/s in accordance with the
terms of this Agreement and applicable provisions of Law.
Draft without prejudice 48

(o) NOT TO DO or omit, suffer or permit to be done any act,


deed, matter or thing in relation to the said sale building/s or any
portion/s thereof which may or is likely to in any manner affect,
prejudice or jeopardize the development rights held by the
Promoters and/or the F.S.I. layout plans, orders and/or
permissions and sanctions pertaining to the entire said Lands or
pertaining (in common) to said sale building/s or which may in any
manner cause any damage or injury to the rights/interest of the
Promoters and/or the persons who have purchased/hold
premises, parking spaces and other premises and spaces in the
said sale building/s.

(p) NOT TO PUT UP or install box grills outside the windows of the
said Premises or in any other manner do any other act which
would in the opinion of the Promoters or society, as the case may
be, affect or detract from the uniformity and aesthetics of the
exterior of the said sale building/s.

(q) TO MAINTAIN the external elevation of the building in the


same form as constructed by the Promoters and shall in any
manner whatsoever and not to put up, under any circumstances,
any construction or enclose the flower beds which have been
permitted (approved) free of F.S.I in the plans already approved.

(r) TO INSTALL air-conditioner/s only in the space/s provided in


the said Premises for the same, if the Purchaser/s desire/s to
install air conditioner/s of a type which or any part, unit or
component of which will protrude/project substantially outside the
said Premises, or be required to be affixed / installed outside the
said Premises, the Purchaser/s shall install/affix the same only after
obtaining from the Promoters prior written permission to do so and
shall strictly observe and comply with all the terms and conditions, if
any, which may imposed by the Promoters in respect of the same.

(s) TO KEEP upon the receipt of the possession of the said


Premises insured against loss or damage by fire or any other
calamities for the full value thereof.

(u) In case Reliance Energy Ltd., or any competent authority


requires/demands construction of sub-station before supplying
necessary electricity or domestic load to the proposed building,
Draft without prejudice 49

the cost, charges and expenses thereof shall be borne and paid
by all the Purchaser/s in proportion to the area of their respective
flats agreed to be acquired by him/her/them.

(v) NOT TO OBJECT even if the society is formed and registered


as aforesaid, the management of the said sale building/s by the
Promoters as herein mentioned though its own agencies and shall
pay regularly the charges and/or outgoings in respect of the
services provided by the said agency or agencies of the
Promoters.

(w) NOT TO put up any hoardings, neon signs, display boards


or otherwise any advertising material in any part of the said sale
building/s whether inside or outside or in the compound, save and
except a reasonably sized name plate/board at the entrance of the
said Premises.

(x) SHALL NOT be entitled to any rebate and/or concession in


the price of his/her/their said Premises on account of the
construction of any other building/s and/or structure and/or the
changes, alterations and additions made in the building or
buildings or structures or on account of any
advertisement/hoarding put on the said lands and/or the new
building/s and/or any part thereof.

(y) NOT TO OBJECT or obstruct the construction and/or worship


carried out in respect of the said Mandir and/or to the use thereof
by members of the general public and the same shall be managed
by the Promoters or the Trust of the Promoters as they may deem
fit and proper and the said rights shall and will be reserved by the
Promoters as and when the lease of the said Lands is given in
favour of the society as and when the same is formed and
registered.

26. Notwithstanding any other provisions of this Agreement the


Promoters shall be entitled in their sole and absolute discretion:

(ii) To formulate the basis of usage of parking spaces and


charges to be levied for such usage as mentioned in this
agreement.
Draft without prejudice 50

(iii) The Promoters shall be entitled to decide the terms and


conditions and the rate/charge/levy on which the parking of
cars in the open or in the basement/podium shall be
allowed. The Purchaser/s agree/s that the Promoters shall
have the exclusive right to decide the terms and
conditions, rate of parking charges, timing of parking, place
of parking and subject to availability of space and that the
Purchaser/s shall not be entitled to demand any additional
car-parking spaces. The Promoters shall further have the
right to reserve such number of parking spaces as the
Promoters may in their absolute discretion decide to be
used for parking of any person or persons or for any
particular event without any let, hindrance, demand from
the Purchaser/s or through or in under or in trust for the
Purchaser/s.

(iv) the Promoters shall prior to giving the possession of the


said Premises to the Purchaser, earmark the areas for
purposes of displaying hoarding /advertisements, neon
signs, Dish Antenna/s, Relay Station/s for Cellular and
satellite communication on the external and internal walls,
roofs, top terrace, common corridors, common lifts,
staircases, lobbies, entrances, atriums and all the common
areas and passage. However the same shall not obstruct
ingress and egress of Purchaser/s to the said Premises
and/or to the building in which the same is situated. The
Promoters shall have full right, absolute authority, and
unfettered discretion to sell, transfer, lease and/or grant on
leave and license basis and/or other create third party
rights in respect thereof and enter into suitable
arrangement/s or agreement/s with any person/s in
connection therewith and on such terms and conditions as
the Promoters deem fit and to receive/collect such contract
monies/rents, fees as consideration thereof from such
person/parties/allottees. The Promoters shall be entitled to
be allotted shares in the Society proposed to be
incorporated of the premises or other Premises in respect
of such areas. The Promoters shall not be liable to pay any
compensation, amount or charges whatsoever in respect
of the same to the Purchaser/s or such Society and neither
the Purchaser/s, nor such Society shall at any time raise
any dispute or objection in this regard. It is agreed that the
Draft without prejudice 51

aforesaid rights in favour of the Promoters shall be treated


as a covenant running with the land and shall form part of
the lease deed when executed in favour of such Society. It
is hereby expressly agreed that in case of vertical
expansion of the sale building by way of additional floor/s,
the Promoters shall be entitled to shift the water tank/s,
Dish Antenna/s, Relay Station/s for Cellular and Satellite
Communications, etc. either over and above such
additional floor/s and/or extension or such other place/s as
may be convenient to the Promoters and the Purchaser/s
and/or such Society shall not be entitled to raise any
objection and/or create any hindrance in respect thereof in
any manner whatsoever.

(v) the Promoters shall be entitled to become the Member of


such society to be formed by the Promoters, in respect of
all the unsold premises together with the Purchasers of
the other premises in the said sale building/s known as
“SIDDHA-SEABROOK”.

(vi) the Promoters if necessary shall become the member of


such society in respect of the rights and benefits conferred
on it herein or otherwise as the case may be. If the
Promoters transfers, assigns and/or disposes off such
rights and benefits at anytime to anybody, the assignees,
transferees and/or the Purchaser/s thereof shall become
the members of such society in respect of the said rights
and benefits. The Purchaser/s herein and such society will
not be entitled to raise any objection to admit such
assignees or transferees as the member/s of such society
and shall not charge any fees or other amounts’ therefrom
,save and except share money and entrance fee.

(vii) To have a society of the Premises of the Purchasers


formed and constituted as contemplated in terms of LOI
and Revised LOI or any other approval etc., herein and the
Purchaser/s hereby agree/s and undertake/s to become a
member of such Society along with the other premises
purchaser/s.

(viii) (a) Unless it is otherwise agreed by and between the


parties hereto, the Promoters shall within a period of
Draft without prejudice 52

twelve months of formation and registration of the society


of the sale building/s and on sale of all the Premises in the
said sale building/s or within such extended time as the
SRA and/or MCGM deem fit, cause to be demised to such
Society the portion of the said Lands together with the
sale building constructed thereon and to cause to convey
the SIDDHA-SEABOOK building together with lease or
any such vesting documents in respect of the portion of the
said Lands underneath the said sale building/s or the said
Lands (excluding the reserved area), from the SRA in
favour of such society or societies being formed and
registered, as the case may be. Such vesting documents
shall be executed keeping in line with all the terms and
provisions of this Agreement.

(b) At the time of registration of the vesting documents


the Purchaser/s shall pay to the Promoters, the
Purchaser/s’ share of stamp duty and registration charges
payable, if any, by the society on the vesting or any
document or instrument of transfer in respect of the portion
of the said Lands underneath the said sale building/s or
the said Lands (save and except reserved area) and the
said sale building/s in the favour of the said society.

(ix) The power and authority of such society or the Purchaser/s


herein and other Purchaser/s shall be subject to the overall
power, control and authority of the Promoters in all the
matters concerning the sale building/s and other
construction on the said Lands, the construction and
completion thereof and all amenities pertaining to the
same and in particular the Promoters shall have absolute
authority and control as regards the unsold premises, etc.,
and the disposal thereof.

(x) At the time of execution of the vesting document in respect


of the portion of the said Lands underneath the said sale
building/s or the said Lands (excluding the reserved area)
and the sale building/s, any rules framed under any
relevant statute and/or under any order, notification or
ordinance whatsoever and by whatever name called, shall
be complied with by the Purchaser/s and/or such society
in consultation and co-operation with the Promoters and all
Draft without prejudice 53

costs, charges and expenses, if any that may have to be


incurred in connection therewith shall be borne, and paid
by the Purchaser/s and/or such society.

(xi) VIMLA & Co., Advocates and Solicitors of the Promoters


shall prepare all deeds, and/or documents inter alia to be
executed in pursuance of this agreement.

These terms being of essence and the Purchaser/s being fully


aware of its importance, do hereby agree/s the same and the
Promoters shall in the interest of all premises /holders in the sale
building/s and for the purpose of effective management of the sale
building/s it is desirable that the Promoters be vested with these
power and authority. The Purchaser/s hereby agree/s and
undertake to sign and execute such papers and applications for
the formation and registration of the such society and for
becoming a member and duly fill in, sign and return to the
Promoters within 10 days of the same being forwarded by the
Promoters to the Purchaser/s so as to enable the Promoters to
form and register such society.

27. The Purchaser/s hereby agree/s, undertake/s and


covenant/s with the Promoters that neither he/she/they, nor the
Society (as and when formed) shall at any time hereafter limit,
curtail, revoke, cancel or terminate any of the powers, rights,
benefits, interests, privileges or authorities reserved by or granted
to the Promoters under this Agreement or any other deed,
document or writing that may be entered into and executed
between the parties hereto and the Purchaser/s and such society
shall be bound and liable to render to the Promoters all necessary
assistance and co-operation, to enable it to exercise and avail of
the same.

28. Nothing contained in this Agreement is intended to be nor


shall be constructed as a grant, demise or assignment in law of
the said Premises and/or of the said Lands and/or building or any
part thereof, The Purchaser/s shall have no claim save and except
in respect of the said Premises hereby agreed to be sold to
him/her/them and all rights of ownership in all open spaces,
parking spaces, external walls, glazing, cladding, lobbies, lifts,
staircases, common terraces, etc. will remain the property of the
Promoters until the portion of the said Lands underneath the said
Draft without prejudice 54

sale building/s or the said Lands and the said sale building/s is/are
demised and/or transferred to such Society as herein mentioned,
which in any case shall be subject to the rights of the Promoters
as agreed to and specified herein and of the other
allottees/purchasers of said Premises as herein stated.

29. Any delay or indulgence shown by the Promoters in


enforcing the terms of this Agreement or any forbearance or giving
of time to Purchaser/s shall not be construed as a waiver on the
part of the Promoters for any breach or non-compliance of any of
the terms and conditions of this Agreement by the Purchaser/s nor
shall the same in any manner prejudice the rights of the
Promoters.

30. All notices to be served on the Purchaser/s as


contemplated by this Agreement shall be deemed to have been
duly served if sent to the Purchaser/s under certificate of posting
to his/her/their address given below;
_________________
_________________
_________________
_________________

31. The Stamp duty and Registration Charges in respect of


and incidental to this Agreement and all other documents to be
executed in pursuance of this agreement shall be borne and paid
by the Purchaser/s alone and the Purchaser/s alone will be liable
to pay all the interest, penal interest penalty, if any, to be payable
to the stamp authorities or any other authorities if any documents
including this agreement is found to be insufficiently or improperly
stamped or otherwise howsoever.

32. This Agreement shall always be subject to the provisions


of The Real Estate (Regulation and Development) Act, 2016 and
the rules made under there from.

33. The Purchasers and/or the Promoters shall present this


Agreement at the proper registration office for Registration within
the time limit prescribed by the Registration Act and admit
execution thereof.
Draft without prejudice 55

34. Any dispute between the parties shall be settled amicably.


In the case of failure to settle the dispute amicably, the same shall
be referred to the Maharashtra Real Estate Regulatory Authority
as per the provisions of the Real Estate (Regulation and
Development) Act 2016.

35. The rights and obligations of the parties under or arising


out of this agreement shall be construed and enforced in
accordance with the laws of India for the time being in force and
the Courts in Mumbai shall have jurisdiction in respect of and in
connection with this agreement. .

36. The Permanent Account Nos. of the parties hereto is as


under:-

NAME PAN NOS.


M/s. BRIZEAL REALTORS & DEVELOPERS LLP
PURCHASER/S

IN WITNESS WHEREOF the parties hereto have respectively set and


subscribed their hands the day and year first hereinabove written.

THE SCHEDULE ABOVE REFERRED TO:

Firstly: All that piece and parcel of land situated lying and being at
Shankarpada, Dahanukarwadi, Linking Road, Kandivali (West), Mumbai,
bearing Survey No. 34, Hissa No.6 corresponding to C.T.S. Nos. 819/A
and 819/B of Village Kandivali, Taluka Borivali Mumbai Suburban District
Mumbai and both having an area admeasuring 6396.857 sq. meters
forms Part of the said Third Land and the same is declared as the slum
area and is notified as such in the Official Government Gazette dated 9th
December, 2004 issued by the Government of Maharashtra but as per
the demarcation the slum occupied area under the C.T.S. No.819A (part)
is having an area admeasuring 6467.50 sq. meters and under the C.T.S.
No.819B (part) is having an area admeasuring 92.75 sq. meters both
aggregates to an area 6560.25 sq. meters or thereabouts.

Secondly: All that piece and parcel of land situated lying and being at
Shankarpada, Dahnukarwadi, Linking Road, Kandivali (West), Mumbai,
Draft without prejudice 56

bearing Survey No.47, Hissa No.8 corresponding to C.T.S No.817 (part)


of Village Kandivali, Taluka Borivali Mumbai Suburban District Mumbai
and having an area admeasuring 22.03 sq. meters or thereabout.

Thirdly: All that piece and parcel of land situated lying and being at
Shankarpada, Dahanukarwadi, Linking Road, Kandivali (West), Mumbai,
bearing Survey Nos. 47, Hissa No.9 corresponding to C.T.S No.818(part)
of Village Kandivali, Taluka Borivali Mumbai Suburban District Mumbai
and having an area admeasuring 146.70 sq. meters or thereabout.

Fourthly: All that piece and parcel of land situated lying and being at
Shankarpada, Dahanukarwadi, Linking Road, Kandivali (West), Mumbai,
bearing Survey No.33, Hissa No.12 corresponding to C.T.S. No. 850(B)
of Village Kandivali, Taluka Borivali Mumbai Suburban District Mumbai
and having an area admeasuring 55 sq. meters or thereabouts.

Fifthly: All that piece and parcel of land situated lying and being at
Shankarpada, Dahanukarwadi, Linking Road, Kandivali (West), Mumbai,
bearing Survey No.33, Hissa No.15 corresponding to C.T.S. No. 855 of
Village Kandivali, Taluka Borivali Mumbai Suburban District Mumbai and
having an area admeasuring 190.30 sq. meters or thereabouts.

Sixthly : All that piece and parcel of land situated lying and being at
Shankarpada, Dahanukarwadi, Linking Road, Kandivali (West), Mumbai
bearing Survey No.34, Hissa No.10 corresponding to C.T.S. No. 859
(part) of Village Kandivali, Taluka Borivali Mumbai Suburban District
Mumbai and having an area admeasuring 187.20 sq. meters or
thereabout.

SIGNED AND DELIVERED )


By the withinnamed “Promoters” )
M/s. BRIZEAL REALTORS & )
DEVELOPERS LLP )
By the hands of its Designated )
Partner Mr. …………………. )
Through resolution dated ……...... )
Passed by M/s. Brizeal Realtors )
& Developers LLP )

in the presence of … )
Draft without prejudice 57

SIGNED AND DELIVERED by the )


withinnamed “Purchaser/s” )
MR/MS/M/S. ____________ )
in the presence of ……. )
Draft without prejudice 58

RECEIPT

Received of and from the withinnamed Purchaser/s a sum of


Rs.________/- (Rupees _________________ only) as earnest money to
be by him/her/them/it paid to us as within mentioned the details of which
are as under:

Cheque No. Drawn On Amount (Rs.)

1% TDS Amount

Total

WE SAY RECEIVED

For M/s. BRIZEAL REALTORS &


DEVELOPERS LLP

Authorised Representative / Designated Partners


****************************************
DATED THIS DAY OF 2018
****************************************
M/s. BRIZEAL REALTORS &
DEVELOPERS LLP
…………………….THE PROMOTERS

AND

MR/MS.____________________
…………………THE PURCHASER/S

AGREEMENT FOR SALE

V I M L A & C O.,
ADVOCATES & SOLICITORS
Office Nos.115/116, 3rd Floor,
24-B Rajabahadur Compound,
Ambalal Doshi Marg, Hamam Street,
Behind Lalit Hotel, Fort,
Mumbai-400 023.

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