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    Lease Deed of Labour Shed Vacant Land Munireddy - Uber 19.4.14

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    Harshitha JK

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    Lease Deed of Labour Shed Vacant Land Munireddy - Uber 19.4.14

    Uploaded by

    Harshitha JK
    6 views2 pages

    Original Title

    lease deed of Labour Shed Vacant Land Munireddy - Uber 19.4.14 (1)

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    6 views2 pages

    Lease Deed of Labour Shed Vacant Land Munireddy - Uber 19.4.14

    Uploaded by

    Harshitha JK

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    LEASE DEED

    THIS LEASE DEED IS MADE AND EXECUTED AT BANGALORE ON this 03 rd day


    of January 2020;
    Sri.M.Praveen S/o Sri.Late.T.Munireddy, aged about 45 years residing at
    Doddakannahalli Village, Carmelaram Post, Sarjapur Road, Bangalore – 560035.
    (Hereinafter referred to as the ‘Landlord’) of the FIRST PART.

    AND
    M/s. MANA PROJECTS PVT LTD., having its registered office at Sy.No.20/7, 3 rd
    Floor, Swamy Legato, Kadubeesanahalli, Marathahalli, Outer Ring Road, Bangalore
    – 560103 represented by its Managing Director Sri D Kishore Reddy (Hereinafter
    referred to as the 'Tenant') of the SECOND PART;

    WITNESS AS FOLLOWS:
    1) The Landlord agrees to let out and the Tenant agrees to take on rent the all
    that piece and parcel of Vacant Land bearing Sy.No.23/9, having area of 36
    Guntas, hereinafter referred to as the 'SCHEDULE PREMISES" from 03rd
    January 2020 at the monthly rent of Rs.10,000/- (Rupees Ten Thousand
    Only) being payable on or before 7th of every month to the Landlord. The
    Period of this agreement shall be Twelve Months commencing from 1 st
    January 2020, and may be renewed for a further period of twelve months at a
    5% increase in rent; and later on the terms and conditions as mutually agreed
    upon by the Landlord and Tenant.
    2) The Tenant has paid Rs.2,00,000/- (Rupees Two Lakhs only) by way of
    Cheque bearing No.001397 drawn on HDFC Bank (Marathahalli Junction
    Branch) dated on 03/01/2020 as advance amount for the above said
    Schedule premises and the Landlord shall pay this said advance amount
    without interest to the Tenant at the time of vacating the premises.
    3) It is agreed that if the Landlord or the Tenant desire to terminate this
    agreement during the licensed period or any renewal thereon the same can
    be done by mutual consent provided however the Landlord or the Tenant is
    given at least one-month prior notice in writing.
    4) The Landlord shall pay all existing and future taxes, rates and assessments in
    respect of the lease hold including the municipal or other tax assessed by a
    local authority on the value of the premises or annual letting value of the

    1
    premises and all other rates, taxes and assessments levied by any authority
    whatsoever.
    5) The tenant shall pay the electricity and water supply charges if any made
    available by the Landlord for the period of time the premises is under his
    control and possession.
    6) The tenant agrees to leave the premises in good condition as they are now, at
    the end of tenancy subject to reasonable wear and tear.
    7) The tenant also agreed not to Sub-let the building or a portion of it to anybody
    else.
    8) The Schedule premises will be utilized for providing shelter to construction
    laborers engaged in the construction activity belonging to the tenant.
    9) The tenant shall not commit any act of waste in the premises.
    10) It is hereby agreed that the tenant paying the rent hereby reserved, and
    performing and observing each of the covenants herein contained, may
    peacefully hold and enjoy the said premises during the lease period without
    any interruption by the landlord.
    11) The Landlord shall retain the original of this agreement and the tenant
    shall retain its duplicate.

    SCHEDULE – PREMISES
    All that piece and parcel of Vacant Land bearing Sy.No.23/9, Doddakannelli, Sarjapur
    Road, Carmelaram Post, Bangalore – 560035, Land Area measuring 36 Guntas.

    IN WITNESS WHEREOF the parties hereunto have set and subscribed their
    respective hands and seals the day and year first hereinabove written.

    WITNESSES
    1)

    TENANT

    2)

    LANDLORD

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