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DEED OF ASSIGNMENT
THIS DEED OF ASSIGNMENT IS MADE AND EXECUTED AT PUNE ON
THIS 20th DAY OF JANUARY IN THE YEAR 2025.

BETWEEN
1. MS. RAJNI SINGH
Age: 40 years, Occupation: Service
PAN - AOUPS3333N
R/at: A3-404, Akshar Elementa,
Tathawade, Pune.411033
THROUGH HER POA HOLDER
MR. PRASHANT ARVIND SINGH
Age: 42 years, Occupation: Business
PAN - AWQPS0821H
R/at: A2-206, Akshar Elementa Building,
Tathawade, Pune.411033
1. MR. KUNAL TANEJA
Age: 43 years, Occupation: Service
PAN - ADWPT1706B
R/at: C-503, Rajasthan Apts, Plot no. 36, Dwarka,
Sector-4, South West Delhi- 110078
THROUGH HIS POA HOLDER
MR. PRASHANT ARVIND SINGH
Age: 42 years, Occupation: Business
PAN - AWQPS0821H
R/at: A2-206, Akshar Elementa Building, Tathawade, Pune.411033.
HEREINAFTER referred to as the ASSIGNOR/VENDOR (which expression
shall unless it is repugnant to the context or meaning thereof to be deemed
to mean and include his heirs, executors, administrators and the assigns)
...PARTY OF THE FIRST PART
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AND
MR. AMOL SURESH MUTKEKAR
Age: 45 years, Occupation: Service
PAN - ANOPM8942N
R/at: D-504, Rs No-613 A/2/1, Plot No-12,13,14, Lifestyle Apartment,
2945, B Ward, Redyachi Takkar, Pratibhanagar, Kolhapur.416012
THROUGH HIS POA HOLDER
MR. SIDDHARTH SURESH MUTKEKAR
Age: 42 years, Occupation: Service
PAN - AMAPM7377E
R/at: Kumar Palms, B1-301, Nr. Talab Farms Kondhava Khurd, NIBM,
Pune.411048

HEREINAFTER referred to as the ASSIGNEE/PURCHASER (which

expression shall unless it be repugnant to the context or meaning thereof be
deemed to mean and include their heirs, executors, administrators and
assigns). ...PARTY OF THE SECOND PART.

WHEREAS the Assignor/Vendor is absolutely seized and possessed of all

that piece and parcel of the Residential Unit/FLAT NO. 404 On 4th Floor in
“A-3” Wing/Building in “A” Cluster in Phase I, of Building known as
“ELEMENTA”, flat admeasuring about 740.29 Sq. Ft. (Carpet area) having
equivalent Carpet area of 68.80 Sq. Mtrs + One Covered Car Parking bearing
No. I-94 (Ground Floor of Parking Building) in the aforesaid project which
is constructed upon Survey No. 55/1, 56/1, 57/1, 57/2, 57/3 and 57/4 at
Village: Tathawade, Tal: Mulshi, Dist: Pune the within the local limits of
Pimpri Chinchwad Municipal Corporation and within the jurisdiction of Sub
– Registrar Haveli No 1 To 28 and having which is more particularly
described in the Schedule II hereinafter called said “FLAT”.
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WHEREAS
Kisan Vithoba Navale and others and Dattatray Kisan Navale are seized and
possessed of and /or otherwise well and sufficiently entitled to all that pieces
and parcels of land or ground bearing S no. 55/1, 56/1, 57/1, 57/2, 57/3,
57/4 laying being and situate at Village Tathawade, Taluka. Mulshi, Dist.
Pune.
By a Development Agreement dated 7th February 2009 executed between
the original Owners and Akshar Properties & M/s. Akshar Land Developers
Pvt. Ltd. The original owners granted the said Developers the development
rights in respect of the said land to construct a building/s for the Residential
and Commercial users on the said land. The said “Development Agreement”
is registered with the Sub-Registrar of Assurances at Haveli No. 16 under
Reg. No. 00753/2009 on dated 07/02/2009.

By an irrevocable “General Power of Attorney” dated 7th February 2009 the

original owners have granted power to develop the said land to the said
Developers. The said Irrevocable General Power of Attorney if registered
with the Sub-Registrar of Assurances at Haveli No. 16 under Reg. No.
00754/2009, dated 07/02/2009.

As per the said Agreement the Developer was entrusted with the right to
develop the said land by constructing building/s as per the building plans
duly sanctioned by the concerned authority.

By a “Supplementary Agreement” dated 21st February 2011 executed

between the original owners and said promoter/Developer have identified
and earmarked the specific premises coming to their respective share. The
said “Supplementary Development” Agreement is registered with the Sub-
Registrar of Assurances at Haveli No. 15, under Reg. No. 01654/2011 dated
21/02/2011.
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In the above circumstances the said Promoter/Developers was entitled to

develop the said land by constructing building as per the building plans duly
sanctioned by the concerned authority.

The said Promoter/Developers have obtained the Building permission of the

“A” Cluster consisting of “A-1”, “A-2”, “A-3” and B1-1” wing/Building “B”
Cluster consisting of “C-1”, C-2 and D-1 “wing/Building “D” Cluster consisting
of A4-1, “A5-1”, A6-1 and “B2-1” wing/building in phase 1 for ground/stilt
and 12 upper floors. At present the said Promoter/Developers are
constructing a building/s in phase I known as “ELEMENTA”

The said Promoter/Developers have obtained the Non-Agricultural

permission/order from the Hon’ble Collector, Pune Revenue Department
dated 25/05/2011 in respect of the said land.

The developers have obtained Environment Clearance Certificate dt.

27/06/2011 to this project from Environment Department Government of
Maharashtra.

The said Promoter has submitted to Pimpri Chinchwad Municipal

Corporation (PCMC) and other authorities the said building plans
specifications and designs for the said property. The said Pimpri Chinchwad
Municipal Corporation (PCMC) has sanctioned the building plans and
designs submitted by the said promoter and granted Commencement
Certificate and Development permission vide Letter dated 09/06/2010
under Ref No. BP/Tathawade/05/2010.

The said Promoter/Developers through their architect have once again

applied to the PCMC for approval of revised plan for residential building and
the PCMC have vide its letter under Ref No.
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B.P./Tathawade/Layout/08/2011 dated 19/12/2011 has granted the

Revised Commencement Certificate.

The said Promoter/Developers have commenced with the construction of

the complex on the said land in accordance with sanction plans and
promoter are desirous of selling flats in the said proposed complex which is
named as “ELEMENTA”

AND WHEREAS Ms. Rajni Singh & Mr. Kunal Taneja has purchased the said
flat from M/s. Akshar Land Developers Pvt. Ltd Promoter and Developers
through its Director Mr. Hari B. Mujat through his special power of attorney
holder Mr. Narendra Harjee Arethiya by an “AGREEMENT” which was
registered in the office of Sub-Registrar Haveli No. 15 Vide Document Sr. No.
6746/2015 which was registered on dated 23/07/2015 and the present
Vendor have made the total payment to the Builders and thus the present
Vendors have acquired the right, title & interest in the said flat.

Thereafter Vidura Vitthoba Navale and other through M/s Akshar Properties
and Land Developers through Director Mr. Bacchubhai Dharmashi Patel
(Power of Attorney Holder) has given the completion certificate from the
PCMC on dated 22/03/2016 Completion Certificate No. 78/2016.

AND WHEREAS, the Present Assignor has paid entire consideration of

amount to the Previous Vendor.

AND WHEREAS, the Previous Assignor has handed over a peaceful and
vacant possession to the Present Assignor of the said FLAT.

AND WHEREAS, prior to these presents the Present Assignor has paid all the
dues and payable amount in respect of the said FLAT to the Previous Vendor.
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AND WHEREAS, the Assignor herein and now is in sole and exclusive
possession of the said FLAT.

AND WHEREAS, the Assignor has full right to use, occupy sell and convey
the said FLAT. The Assignor is the exclusive and sole owner of the said FLAT.

AND WHEREAS, the Assignor is desirous of selling/disposing off the said

FLAT as they now no more require it and the Assignee is willing to purchase
the said FLAT& willing to acquire all rights, title and interest of the Assignor.

AND WHEREAS Mr. Amol Suresh Mutkekar through his Power of

Attorney Holder Mr. Sidhharth Suresh Mutkekar had purchased the said
flat from present vendors Mrs. Rajni Arvind Singh & Mr. Kunal Taneja
through their Power of Attorney Holder Mr. Prashant Arvind Singh and
entered into an “Agreement for Sale” which is registered in the office of
Sub-Registrar Haveli No. 05, vide document Sr. No. 11150/2024 on
dated 22/05/2024.

AND WHEREAS, the Assignee, who is in need of FLAT for his Residential
purpose, approached the Assignor and after due negotiations, the Assignor
agreed to sell his share of the said FLAT hereto and the Assignee has paid
entire amount of consideration to Assignor a sum Rupees 77,00,000/-
(Rupees Seventy Seven Lakh Only) paid by the Assignee to the Assignor
(more particularly described in the schedule of payment hereunder written).
The Assignor do hereby forever grant, convey, transfer, and assign unto the
Assignees the entire proprietary rights in the said building and free from all
encumbrances, charges and other dues mentioned hereinafter and TO HAVE
AND TO HOLD the said FLAT hereby granted, conveyed and assured so to be
unto and to the use of the Assignees forever. On completion of the transfer
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as aforesaid the Assignor will hand over to the Assignee all the relevant
documents relating to the said FLAT if any in possession of the Assignor.

1. The possession in respect of the said FLAT is handed to Assignee from

Assignor on this Assignment Deed.

2. The Assignor declares that they have till the date of this Deed of
Assignment made net payment of all the out goings towards maintenance
charges expenses, taxes, electricity charges, water charges and other dues
from the date of agreement of the FLAT shall be responsibility of the party of
Second Part (Assignee) to make payment of all such out going on the prorate
basis. In the event there are any payments balance prior to this agreement
the Assignor agree to make good and will not put the Assignee in loss or any
hindrance whatsoever.

3. The electricity meter stands in the name of Assignor and the Assignee will
do needful for getting it transferred on Assignees’ name at Assignees’ cost.

4. That in view of the sale transfer of the said FLAT and delivery to the
Assignee, the Assignor or any other persons of Assignor family on their
behalf including other members of their family shall have no right claims or
interest whatsoever nature find or extent in the said FLAT on any part
thereof which shall exclusively vest in the Assignee and Assignee shall make
use of the said FLAT without any interruption one shall enjoy the benefits
thereof peaceful and quietly.

5. The Assignor is the absolute owner of the Flat and no other person has
any interest therein. The Assignor is aware that relying on the said
representation, the Assignee has agreed to purchase the said Flat.
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6. In the event if there are any defects in the title of the Assignor to the said
Flat, the Assignor shall make good the defects at their own cost. In the event
the defects could not be cured, the Assignor shall forthwith return the entire
amount to the Assignees and shall not make any delay in payment in any cost.

7. The Assignor declares that they have till the date of possession made net
payment of all the outgoings charges, expenses taxes, electricity charges, and
other dues etc., However from taking of the possession of the Flat it shall be
the responsibility of the party of the second part to make payment of all such
outgoings on the prorate basis.

8. In the event if there are any payments balance prior to this agreement.
The Assignor agrees to make good the same and shall not put the Assignee
in loss of any kind whatsoever.

9. The Electricity meter stands in the name of the Assignor and the Assignor
undertake to sign and verify all such documents necessary to transfer the
electricity meter with deposit in favor of the Assignees at his own cost.

10. That in view of sale/transfer of the said Flat and delivery of the
possession there the party of the first part of or any other persons on their
behalf including other members of their family shall have no right claims or
interest whatsoever nature kind or extent in the said Flat or any part thereof
which shall exclusively vest in the party of the second part and the party of
the second part shall make use of the said Flat without any interruption and
shall enjoy the benefits thereof peacefully and quietly.

11. The Assignor herein agrees that they will bring all necessary
Certificates under Income Tax Act if required in respect of this agreement of
the Flat.
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12. Assignor herein covenants with the Assignees that he will obey rules
and regulations of the Co-operative Housing Society and he will pay the
maintenance and other charges as decided by the society.

13. The conveyance deed of the said property has not been till today
executed by the Builders in favor to the society in future whenever the
conveyance deed will be executed and if due to be technical difficulties at
that time if the name of the Assignor enters in the conveyance deed it will be
presumed that the Assignor will not reserve any right with this through their
name is in conveyance deed.

14. All the registration expenses such as Stamp duty, registration charges
and all other expenditure relating to registration of this deed paid by the
Assignee & transfer of society fees, Advocate Charges are paid by the
Assignee/Purchaser only.

15. This deed shall always be subject to the provisions of Maharashtra

Co-operative Societies Act, 1960 and/or Maharashtra Ownership FLAT Act,
1963 and the rules made there under from time to time.

16. The Assignor shall handover all the necessary relevant documents
related to the said property at the time of immediately deed of assignment.

17. PAYMENT SCHEDULE: -

Sr. no Amount Particular
1 Rs. 50,000/- Paid by NEFT to Vendor No-1
Bank – State Bank of India
Branch – Pratibha Nagar, Kolhapur
UTR No – SBIN424118800541
Date- 27/04/2024
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2 Rs. 50,000/- Paid by NEFT to Vendor No-2

Bank – State Bank of India
Branch – Pratibha Nagar, Kolhapur
UTR No – SBIN424118799380
Date- 27/04/2024

3 Rs. 50,000/- Paid by NEFT to Vendor No-1

Bank – State Bank of India
Branch – Pratibha Nagar, Kolhapur
UTR No – SBIN324116802581
Date- 25/04/2024

4 Rs. 50,000/- Paid by NEFT to Vendor No-2

Bank – State Bank of India
Branch – Pratibha Nagar, Kolhapur
UTR No – SBIN424116803081
Date- 25/04/2024

5 Rs. 5,24,524/- Paid by the Purchaser in the name of

Vendor towards T.D.S. out of which Rs.
45,760/- is paid as TDS of 22.88% on
the amount of Rs. 2,00,000/- out of total
consideration amount, paid before
getting low TDS lower deduction
certificate and Rs. 4,18,500/- paid after
getting certificate of Lower deduction
at the rate of 5.58% and Rs. 10%
Surcharge Rs. 41850/-, Education Cess
Rs. 18,414/- as per provisions of
income tax provision.
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6 Rs. 75,476/- Paid by NEFT through Bank – State

Bank of India
Branch – Pratibha Nagar, Kolhapur
UTR No. SBIN424356196892
Date - 21/12/2024
7 Rs. 69,00,000/- Paid by Bankers Cheque/Demand Draft
No. 153871 to Vendor No. 1, through
Bank – HDFC Bank
Date - 09/01/2025

Total Rs. 77,00,000/- (Rupees Seventy Seven Lakh Only)

The Assignor hereby admits and acknowledges the full and final
consideration amount from the Assignee. No further receipt required.

That as per consent given by Vendor No. 2 Mr. Kunal Taneja (Co-Seller) all
the disbursement cheque related to said transaction issued by HDFC Bank
are in the name of Vendor No. 1, Mrs. Rajni Arvind Singh. That Vendor No.
2 confirm that he has no claims or objections regarding the release of
payment of disbursement cheque by HDFC Bank in her name.

18. The Assignor hereby assures unto and to the Assignee that they have
good right, full power and absolute authority to deal with the said Flat in
the manner they like.

19. The Assignor hereby assures unto and to the Assignee that the said Flat
is free from all kinds of encumbrances, liabilities, nor the said Flat is sold
or agreed to be sold by way of sale, Mortgage, Lease, Exchange, Gift,
Donation, Maintenance, Attachment etc. and is not the subject matter of a
Family/Society/Civil/Criminal or any other Court Dispute. That the said
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Flat is not the subject matter of acquisition, requisition and/or

reservation and no notice in that behalf has been received by the Assignor.
That no other person other than the Assignor has any right, title or
interest in the said Flat or any part thereof.

20. The Assignor has delivered the actual and physical possession of the said
Flat to the Assignee and the Assignee has accepted the actual and physical
possession of the said Flat today.

21. The Assignor has delivered to the Assignee all the title and other
documents, vouchers and receipts etc. in respect of the said Flat.

22. That the Assignor shall extend their co-operation for the effectual and
valid transfer of the said Flat on the name of Assignee.

23. The Assignor doth hereby covenant with the Assignee that they will and
shall from time to time and at all times hereafter at the request of the
Assignee do and execute all such further acts, deeds, things and matters
whatever for further requirement and more particularly assuring and
reigning the said Flat to the Assignee to keep and held the Assignee
secured, indemnified and unarms against all losses and detriments,
occasioned to sustained or suffered by the Assignee owing to any defect
in title to the said Flat or any part thereof and to make the same good.

24. That the Assignor further assures unto and to the Assignee that they have
paid till this date the property taxes, bills and if any amount in that behalf
is found left unpaid the Assignor hereby assures to pay the same without
causing any inconvenience to the Assignee. The Assignee from today is
liable to pay all the future property tax. The Assignor shall provide
necessary assistance and signature for deleting their names from the
PCMC record and transferring the name of Assignee in the PCMC record.
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25. As the Flat holders of the said building have formed Elementa Phase 1
Co-operative Housing Society Limited, having its Registration No.
PNA/PNA-(3)/HSG/(TC)/19348/2018, dated 22/01/2019 of the said
Building, the Assignee is/are entitled to join the Society of Flat purchaser
as a member thereof, without any objection from the VENDOR/Assignors
and the VENDORS/Assignor shall sign all the applications and writings
and make all statements, as shall be required either for the transfer of the
said Flat or for causing the Assignees to become a member of the said
Society.

26. There is Electricity meter having its Consumer No. 172054923690 in

the said Flat on the name of Assignor and Assignor hereby agrees to
transfer the said electric meter in the name of Assignee without any
further consideration. Till today Assignor has paid the electric bill. From
today The Assignee is liable to pay the future electric bill. The Assignor
shall provide necessary assistance and signature for the valid transfer of
the M.S.E.B. meter on the name of Assignee.

27. All the expenses towards stamp duty, registration charges, advocate fees,
typing and all other incidental charges shall be borne by the
Assignee/purchaser only.

28. This agreement always is subject to the provisions of the Maharashtra

Apartment Ownership Act (Maharashtra Act No. XV of 1971) and the rules
made there under/said act and the rules made there under:

29. Therefore, stamp duty and Registration charges has been paid at the time
of Agreement for Sale which was registered in the office of Sub-Registrar
Haveli No. 05 vide document Sr. No. 11150/2024, on dated 22/05/2024,
Hence this DEED OF ASSIGNMENT is executed on Rs. 500/- Stamp.
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SCHEDULE – I
Description of the Said Land

ALL THAT PIECE AND PARCEL OF land and ground situated within the
Registration Sub. Dist, Taluka Mulshi, Dist. Pune bearing S No. 55/1, 56/1,
57/1, 57/2, 57/3 and 57/4, Village Tathawade, Tal. Mulshi, Dist Pune
admeasuring an area of 110268 Sq. Mtrs of which particulars are as
under:

S No. Hissa Total Area Area Given for

No. Development
H=Are as per 7/12
extract H = Are
55 1 3=15 00=84
56 1 4=05 3=81
57 1 2=25 2=24
57 2 1=39 1=37
57 3 1=70 1=66
57 4 1=09 1=08

And entire property is bounded as under:

On or towards East : Partly by Government Dairy Farm and
Partly by IIMM College

On or towards South : By Kalakhadah Marunji Road

On or towards West : By Wakad-Tathawade Service Road

On or towards North : By land bearing CTS No. 59,60,55 and 56

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SCHEDULE- II
Description of the Said Flat
All that piece and parcel of the Residential Unit/ FLAT NO. 404, On 4th Floor in
“A-3” Wing/Building in “A” Cluster in Phase I, of Building known as
“ELEMENTA”, flat admeasuring about 740.29 Sq. Ft. (Carpet area) having
equivalent Carpet area of 68.80 Sq. Mtrs + One Covered Car Parking bearing
No. I-94 (Ground Floor of Parking Building) in the aforesaid project which
is constructed upon Survey No. 55/1, 56/1, 57/1, 57/2, 57/3 and 57/4 at
Village: Tathawade, Tal: Mulshi, Dist: Pune, the within the local limits of
Pimpri Chinchwad Municipal Corporation and within the jurisdiction of Sub –
Registrar Haveli No 1 To 28.

IN WITNESS WHEREOF the parties hereto have set their respective hands on
the day, date and place mentioned hereinabove.

photo

MS. RAJNI SINGH

Through her POA holder
MR. PRASHANT ARVIND SINGH
ASSIGNOR/VENDOR

photo

MR. KUNAL TANEJA

Through his POA holder
MR. PRASHANT ARVIND SINGH
ASSIGNOR/VENDOR
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photo

MR. AMOL SURESH MUTKEKAR

Through his POA holder
MR. SIDDHARTH SURESH MUTKEKAR
ASSIGNEE/PURCHASER

WITNESSES:

1) SIGN :

NAME :

ADDRESS :

2) SIGN :

NAME :

ADDRESS :