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Corticate No.
Cortiicate Issued Date
‘Account Reterence
Unique Doc. Reference
Purchased by
Description of Document
Description
‘Consideration Price (Fs.)
First Party
Second Party
‘Stamp Duty Paid By
‘Stamp Duty Amount{Ris,)
INDIA NON JUDICIAL
Government of Karnataka
e-Stamp
INska14125108264776W
15$0p-2023 11:07 AM
+ NONACC (FIV kagosi08/ GAYATRI LAYOUT/ KA-GN,
: SUBIN-KAKAGCSL.08920675059185670
TMUNIRAL
Aicle 30 Lease of Immovable Property
RENTAL AGREEMENT
20
(Zero)
+ NW RAMA KRISHNA
2 TMUNIRAL
TMUNIRAS
50
(Fitty oni)
THIS RENTAL AGREEMENT is made entered into at Bangalore on this 15!
day of September Two Thousand Twenty Three (15/09/2023) BETWEEN:
Sri, N.V RAMAKRISHNA (Age 57 Years) S/o. Late VENKATESH R/at:8-
351, Nakkabanda, Maremma gudi (Gudisibanda)Punganur, Chittoor Andhra,
Pradesh-517247AND:-
Mr. T MUNIRAJ S/o of Mr.THIMMAIAH, Aged about 48 years, Permanent
Residential Address:No.NO.136, 3°° Cross, Kalkere Main Ramamurthy
Nagara Bangalore-560016
Hereinafter called the TENANT, of the other part,
WITNESSETH AS FOLLOWS:-
Whereas the owner is the lawful and absolute owner of the schedule
property bearing Ground Floor House No.1, Site No.1, KHATHA NO.271
SITUATED AT: Maragonahalli Village, Bidrahalli Hobli, Bangalore East
Taluku,
NOW THIS AGREEMENT WITNESSTH that in consideration of the rents
hereinafter referred and of the mutual covenants of the owner and the
tenant, the owner hereby grants to the tenant and the tenant hereby accepts
the occupation of the premises on rental basis for the term of 11(Eleven)
months commencing from 15% day of September 2023.
Subject to the following terms and condition:-
1, PERIOD AND RENT:-
The Tenancy shall be initially for a term of 11 months starting from
18: day of September 2023. The Tenant shall pay a rent of Rs.10,000/-
(Rupees Ten thousand only) per month for the scheduled premises to the
owner starting from 15% day of September 2023. The tenant shall pay
the monthly lease rent on or before the 1* day of the succeeding month, for
purpose it shall be the English calendar month.
2. SECURITY DEPOSIT:-
‘The tenant has paid Rs.50,000/-(Rupees Fifty Thousand Only) by
way of cash. To the owner as security Deposit to be refundable at the end of
the lease period or earlier termination without interest and against
possession being returned and after deducting arrears of rent and any
unnatural damage to the schedule property and fittings and fixtures.
3, RENEWAL:-
‘The owner and tenant have agreed that the tenancy period will be
renewed after completion of 11 months for a further period at the end of this
lease, on terms mutually agreed. The tenant has agreed to increase the rent
at the end of this lease period by 5% of the rent amount for the next
renewal.
NV weg ©4, ELECTRICITY /WATER CHARGES:-
The tenant shall bear and pay all the tharge for the electricity
consumed in the tenanted premises as the separate meter provided. The
tenant shall also bear the water charges as per the mutual agreement with
the other users of the entire property.
5. REPAIRS, MAINTENANCES AND OUT GOINGS:
‘The owner shall carry out external repairs except those caused by the
negligence of the tenant or his nominee. The tenant shall keep the
scheduled premises in good condition and order during the period of lease
and shall not suffer or cause any damage thereto if any damage takes place
the tenant should repair the same at own cost.
6. USE OF PREMISES:-
‘The tenant agrees to take normal care of the schedule premises and
all the owner's fixtures and fittings. The tenant shall use the schedule
premises for any illegal or objectionable purpose or for business activities
etc, punishable under law. And also not stock any
inflammable/explosive/harmful material in the said premises. The tenant
shall use the schedule premises without causing any annoyance to the
neighbors and other users of the scheduled premises. The Owner allows the
tenant peaceful possession and enjoyment of the premises during the
continuance of the tenancy, provided the tenant acts up to the terms of this
agreement.
7. BAR ON SUB-LETTING;-
The tenant shall not grant any license/lease/let-out to any one else or
Sub-let assign or otherwise part with the possession of the schedule
premises to in favour of anyone else
8. DELIVERY BACK:-
On termination of the lease, the tenant shall duly deliver back
possession of the schedule premises to the owner in the condition in which
it is let-out. However the tenant shall only be obliged to deliver back
possession of the scheduled premises simultaneously with the owner
handing over the security deposit to the tenant after deduction of any sum
which may become due to the owner on account of breach of any of the
covenants agreed.
9. TERMINATIO!
The lease will be terminable by the owner on giving two months
notice to the tenant similarly the tenant shall give two months prier notice to
the owner in case he wants to vacate the premises. The owner also reserves
his right to terminate this rental agreement in case the tenant fails to pay
the rent amount for two consecutive months.SCHEDULE ABOVE REFERRED TO:
‘The residential property bearing Ground Floor House No.1, Site No.1,
KHATHA NO.271 SITUATED AT: Maragonahalli Village, Bidrahalli Hobli,
Bangalore East Taluku, consisting of one hall, Two bed rooms, Modular
Kitchen, Two Bath rooms with western commode toilets, with water and
electrical facilities.
House No.1, Level-4, Type-C, 2BR, Area in Sq ft-585.
‘Tube lights-3Nos., Geysers-2Nos, Fans-4 Nos, Exhaust Fans-2 Nos,
Fancy Lights- 3Nos, Kitchen Roof- Fixed Lights- Nos, Modular Kitchen,
Recah for 2 bedrooms, TV- Entertainment Unit and crockery unit
for hall, Cloth-Drier fitted in Balcony, Wooden Shoe rack near the
foyer, Sofa 3+1+1.
IN WITHNESS WHEREOF, the parties hereto have executed the present on
the day, month and year above written.
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