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LEASE AGREEMENT

This Agreement of Lease is made and executed in Bangalore on this the 17th day of
AUGUST 2024 [17-08-2024] by and Between

Mr. G. SADASIVAN, S/o. P. Ganesh


No.13, 3' Main, 4" Cross,
Ayyappa Temple Block,
Viveknagar Post, Bangalore - 560 047.

Hereinafter called the ‘LESSOR’ [ Which term shall be taken to mean and include his / her
heirs, executors, administrators, and assigns] of the one part and in favour of

Mr. MOSES.P
No. 184, Rudrappa Garden,
Austin Town, Viveknagar Post,
Bangalore - 560 047.

Hereinafter called the ‘LESSEE’ [Which term shall be taken to mean and include his / her
heirs, executors, administrators, and assigns] of the other part.

The Lessor is the absolute owner of the schedule premises mournfully described in the
schedule property situated at First Floor, situated at No.15, John Bull Street, ORC Road,
Viveknagar Post, Bangalore - 560 047, that the Lessee approached the Lessor to take the
Schedule Premises on the Lease basis under the following terms and conditions.

NOW THE TERMS AND CONDITIONS ARE AS FOLLOWS:

PERIOD:
1. The agreement is valid for a period of 3 years effective from 17-08-2024 to
17-08-2027 and this agreement shall be renewed on mutual understanding by both the
parties.

USE OF PREMISES:
2. The Lessee shall use the premises for the Residence purpose only and shall not carry out
objection or offensive trade and or activities in the schedule premises.

NOTICE:
3. Either party may terminate this lease agreement by giving Three months prior written
notice.

Contd...2
SUBLET OR UNDERLET:
4. Not to sublet or assign the interest in the schedule property to anybody else without the
written permission of the Lessor.

CLEANLINES:
5. The Lessee shall keep the schedule premises in good and tenantable condition during his
/ her stay and hand over the same in good condition after the expiry of this agreement.

ADDITION AND ALTERATION:


6. The Lessee shall not make any addition or alteration in the schedule premises without the
written permission from the Lessor.

DEPOSIT:
7. The lessee has paid a sum of Rs.7,50,000/- [Rupees Seven Lakhs and fifty thousand
only] by way of Cash as a Lease Security Deposit to the Owner. And the Owner has
acknowledged receipt of this amount. The owner will refund the same security amount of
Rs.7,50,000/- [Rupees Seven Lakhs fifty thousand only] to the tenant at the time of
vacating the premises without any interest.

ELECTRICITY & WATER:


8. The Lessee shall pay the electricity charges to the concern department and. lessee shall
share the water charges with the co-tenants every month and lessee shall pay Rs.500/- for
water motor pumping to the owner every month.

DAMAGES AND ARREARS:


9. The tenant shall maintain the premises in good and tenantable condition with normal wear
and tear. If any arrears or damages found same will be deducted from the security deposit.

PAINTING CHARGES:
10. At the time of vacating owner will deduct Rs. 15,000/- from the lease amount towards
painting and labour charges.
11.The Lessor shall pay all existing and future taxes such as house tax or any other taxes
levied by the appropriate authorities in respect of the schedule premises.

Contd …3
SCHEDULE

All that piece and parcel of residential Premises situated at First Floor, No.15, John Bull
Street, ORC Road, Viveknagar Post, Bangalore - 560 047. Consisting of One Hall, Two
Bedrooms, One Kitchen, with attached bathroom cum Toilet with electricity and water
facilities.

In witness whereof, the Owner / Lessor and the Tenant / Lessee above mentioned have
hereunto set their respective hands to this Lease Agreement at Bangalore on the day, month
and year first above mentioned and signed this deed before the following witnesses.

WITNESSES:

1. LESSOR: ________________
[Mr. G. SADASIVAN]

2. LESSEE: __________________
[Mr. MOSES.P]

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