RALLAGUDA

AGREEMENT OF SALE
This AGREEMENT OF SALE is made and executed on this the 24 th day of

December 2022, at R.R. District, Telangana Sate., by and between:-
SRI. M. VENKATESWARA RAO, S/o. M. SUBBA RAO, aged about 35 years,
Occupation: Pvt. Employee, R/o. H.No.9-368, Gopal Rao Street, Beside VNS
Theatre, Addanki, Prakasam-523 201, A.P. (Aadhaar No.4823 7394 9942, PAN:
ATQPR8767E, Ph: 8500900007,
HEREINAFTER called the VENDOR, which term shall mean and include all his heirs,
executors, administrators, legal representatives, nominees and assignees etc., of the
ONE PART.
AND
SRI. KOTHA SANTOSH REDDY, S/o. SRI. KOTHA SANTOSH REDDY, aged
about 43 years, Occupation: Business, R/o. H.No.23-183/2/1/6, Sama
Enclave, Shamshabad Village and Mandal, R.R. District, T.S.
HEREINAFTER called the VENDEE, which term shall mean and include all his
heirs, executors, administrators, legal representatives, nominees and assignees etc.,
of the OTHERPART.
Contd.. on 2nd Page.
-::: 2 :::-
WHEREAS, the Vendor herein is the sole, absolute lawful owner

and possessor of the Villa Bearing House No.22-223, on Plot bearing No.223
admeasuring 204 Square Yards, and Northern Portion of Plot bearing No.224
admeasuring 102 Square Yards, total admeasuring 306 Square Yards, Or
255.84 Square Meters, consisting of ground, first and second floors having
total plinth area 2270 sft with RCC., (921.25 sft on Ground Floor, 921.25 sft
on First Floor and 427.80 Sft, on Second Floor), in Survey No.335, In
“PRESTIGE COUNTY-III” Situated at: RALLAGUDA VILLAGE, Under
SHAMSHABAD MUNICIPALITY (previously known as Shamshabad
Grampanchayath), Shamshabad Mandal, Ranga Reddy District, Telangana
State., covered by Ward and Block No.22., (which is hereinafter referred as
Schedule mentioned Property) having purchased the same through a registered
Sale Deed, bearing document no.9243/2019, book-I, dt.04-06-2019,
registered in the office of the S.R.O. Shamshabad, R.R. District.
NOW WHEREAS the Vendor has offered to sell the schedule mentioned
property to the Vendees for a total sale consideration of Rs.1,30,00,000/-
(Rupees One Crore Thirty Lakhs Only) and the Vendees hereby agreed to
purchase the same for the said sale consideration.
IN PURSUANCE of the Agreement and acceptance of sale consideration

amount of Rs.1,30,00,000/- (Rupees One Crore Thirty Lakhs Only) the
Vendor has received a sum of Rs.70,00,000/- (Rupees Seventy Lakhs Only)
by way of cheque no.123937 for Rs.10,00,000/- of Union bank, High Court
Branch, Hyderabad, and cheque no.574336 for Rs.10,00,000/- of state bank of
Inida, Shamshabad branch, and Rs.50,00,000/- in cash., from the Vendees
towards advance and part sale consideration and the Vendor does hereby
acknowledge the receipt of the said sum and whereas it is agreed between the
Vendor and the Vendees that Vendees shall pay the remaining amount of
Rs.60,00,000/- (Rupees Sixty Lakhs Only) to the Vendor within the period of
________________ from the date of this agreement of sale.
NOW THIS AGREEMENT OF SALE WITNESSETH AS UNDER: -
01. WHEREAS the Vendor herein declared that he is the sole and absolute
owner and peaceful possessor of the Schedule mentioned Property
hereby conveyed and that except the above said Vendor there are no
other person or persons have any manner of rights, interests, in the
same; and the Vendor has got full authority to convey the same.
02. THAT the Vendor herein assured that prior to this transaction the above
said Vendor has not entered into any Agreement of Sale with any Third
Party or not Mortgaged to anybody not a subject matter of any Court
cases etc., and also not prohibited from the transfer of Schedule
mentioned Property by any Act or Authorities etc.
03. THAT the Vendor declares and assures that the Schedule mentioned
Property is free from all encumbrances, charges, Mortgages, prior Sales,
Agreements, Gifts, Wills, Court attachments etc., whatsoever to the
Schedule mentioned Property either by the Government or public.
Contd…on 3rd Page
-::: 3 :::-
04. THAT the Vendor has agreed to deliver the peaceful physical possession
of the Schedule mentioned Property to the Vendees at the time of balance
payment.
05. THAT the above said Vendor and his Property is not debarred/prohibited
from transfer of the Property by any Court of Law, Authority, bodies or
Government by any Order or Act.
06. THAT the Schedule mentioned Property is not attracted by the Act 9 of
1977 and ULC Act 33 of 1976 (Central).
07. THAT the Vendor agreed to handover the original Title Deed, all Link
documents and Relevant Papers etc., to the Vendees at the time of
balance payment.
08. THAT the Vendor agreed to execute proper Sale Deed or any other deed
of transfer in favour of the Vendee or his nominee or nominees, at the
time of remaining payment.
09. THAT the above said Parties herein read over all the contents of this
Agreement and understood the matter and admitted the same.
SCHEDULE OF THE PROPERTY
ALL THAT the Villa Bearing House No.22-223, on Plot bearing No.223
State., covered by Ward and Block No.22., and bounded by as under: -
NORTH ::- Plot No.222,

SOUTH ::- Remaining Southern Portion of Plot No.224,
EAST ::- 30’-0” Wide Road,
WEST ::- Plot Nos.237 & 236.
IN WITNESSES WHEREAS the “VENDOR” and the “VENDEES” herein
have signed this AGREEMENT OF SALE with their own free will and consent,
without, force, coercion or undue influence after understanding the contents of
it on the day, month and year first above mentioned in the presence of the
following witnesses.
WITNESSES: -
1.
V E NDOR
2.
VENDEE
RECEIPT
I, SRI. M. VENKATESWARA RAO, S/o. M. SUBBA RAO, aged about 35

years, Occupation: Pvt. Employee, R/o. H.No.9-368, Gopal Rao Street, Beside
VNS Theatre, Addanki, Prakasam-523 201, A.P. (Aadhaar No.4823 7394 9942,
PAN: ATQPR8767E), do hereby execute this Receipt that I have today received a
sum of Rs.70,00,000/- (Rupees Seventy Lakhs Only) by way of cheque
no.123937 for Rs.10,00,000/- of Union bank, High Court Branch, Hyderabad,
and cheque no.574336 for Rs.10,00,000/- of state bank of Inida, Shamshabad
branch, and Rs.50,00,000/- in cash., from SRI. KOTHA SANTOSH REDDY,
S/o. SRI. KOTHA SANTOSH REDDY, aged about 43 years, Occupation:
Business, R/o. H.No.23-183/2/1/6, Sama Enclave, Shamshabad Village and
Mandal, R.R. District, T.S., towards advance and part sale consideration in
respect of sale of the Villa Bearing House No.22-223, on Plot bearing No.223
State., covered by Ward and Block No.22.,
HENCE this Receipt is made and executed on this the 24 th day of

December 2022, at R.R. District, Telangana State., in the presence of the
following witnesses.
WITNESSES: -
1.
EXECUTANT
2.

RALLAGUDA

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AGREEMENT OF SALE

This AGREEMENT OF SALE is made and executed on this the 24 th day of

WHEREAS, the Vendor herein is the sole, absolute lawful owner

IN PURSUANCE of the Agreement and acceptance of sale consideration

NOW THIS AGREEMENT OF SALE WITNESSETH AS UNDER: -

SCHEDULE OF THE PROPERTY

NORTH ::- Plot No.222,

I, SRI. M. VENKATESWARA RAO, S/o. M. SUBBA RAO, aged about 35

HENCE this Receipt is made and executed on this the 24 th day of

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