AGREEMENT OF SALE
This Agreement of Sale is made and executed on this 2nd day of August, 2019 at Hyderabad.
BY AND BETWEEN:
1) Sri. KODALI VENKAT RAO S/o. VENKATA KRISHNAIAH, aged about 74 years, Occ:
Agriculture, R/o. H.No. 1-2-1059, Rakasipet, Bodhan Town, Nizamabad District,
(Aadhaar No. 9892 4916 2928)
2) M/s. L.C.G.C.GRUHAM INFRA PROJECTS LLP, Having its registered office at Plot
No.161/166, LCGC Towers, Paigah Colony, Secunderabad, Represented by its
designated partners Sri. Y. Suresh Reddy S/o. Y. Mohan Reddy, aged about 41 Years,
Occ: Business, Villa No. 3, Palm Medows gated community, Gundla Pochampally Village,
Medchal District.
(Hereinafter called the "LAND OWNERS/FIRST PARTY" which term shall mean and include all
his /her legal heirs, representatives, executors, administrators and assignees etc., of the ONE
PART. )
Represented by Development Agreement Cum-General Power of Attorney Holder:
M/s. BALAJI CONSTRUCTIONS, (Pan Card No. AAMFB0493L) with project name as “Balaji
Elegancia” represented by its: Managing Partner Mr. S PRABHAKAR REDDY S/o. RAMA
CHANDRA REDDY, aged about 44 years, R/o. Plot No. 24/2, Flat No. 401, Spectra Pearl, Jubilee
Enclave, Hitech City Madhapur, Hyderabad-500081, (Aadhaar No.5200 8156 7558, Cell No.
9866657123).
Vide Registered Development Agreement Cum-General Power of Attorney Document bearing No:
1400 of 2014, Dated: 27-03-2014, Registered at Sub-Registrar Office Medchal.
Hereinafter called the 'DEVELOPER/VENDOR' of the one part:
IN FAVOUR OF
Mrs. …………(Pan Card No…………………….) W/o……….aged about 43 years, Occupation: Business,
Resident of : H.No. 5-11-32/C, Jagruthi colony, Naimnagar, Hanamkonda, Warangal,
Telangana State- 506009. (Aadhar No. 3382 2051 6085)
(Hereinafter referred to as the “PURCHASER/VENDEE” which term unless repugnant to the
context or meaning thereof shall mean and include all his heirs, successors, representatives,
executors, administrators and assignees etc.
WHEREAS having satisfied with the title of the land along with the necessary sanctions and
permissions for construction of Villas has approached the Developer and agreed to purchase
Schedule B Property, built in accordance with the specifications mentioned in the annexure
enclosed hereto and the Seller/Developer agreed to the same.
WHEREAS both the Parties are thus entering into this Agreement to record the terms and
conditions in relating to sale of Schedule B Property.
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NOW THEREFORE IN CONSIDERATION HEREINAFTER MENTIONED THIS AGREEMENT OF
SALE WITNESSETH AS FOLLOWS: -
1. Scope of the Agreement;
1.1 For consideration as mentioned and reserved hereinafter, the Seller/Developer hereby
agrees to grant, convey and transfer in favour of the Purchaser, all rights, title and interest
in the Schedule B Property, on the terms and conditions mentioned in this Agreement;
1.2 The Purchaser agrees to purchase the Schedule B Property together with the other
common amenities and common Utilities in the project Area. The Purchaser therefore has
no right to claim any separate sub-division and/or right to exclusive possession of any
portion of the Schedule A Property at any time whatsoever, which shall at all times remain
indivisible.
2. Consideration:
2.1 In consideration of Seller/Developer agreeing to grant, convey and transfer in favour of the
Purchaser, all the rights, title and interest in the Schedule B Property, in the manner
contemplated in this Agreement, Purchaser hereby agrees to pay to the Seller/Developer, a
total sum of Rs. …………. ( ) this amount includes corner charges, club house, amenities and
infrastructure charges in the following manner (“Consideration”): as part payment has
already been paid by the Purchaser to the Seller simultaneously with the execution of this
Agreement, in the following manner
Villa Cost - Rs. /-
Corner Charges – Rs. /-
Club House & Infra Structures - Rs. /-
Maintenance - Rs. /-
Corpus Fund - Rs. /-
a) Booking Amount: Rs. 5,00,000/- through Cheque bearing No. 0000 , bank, dated
00.00.2019.
2.2 The consideration of Rs. ……./- ( Rupees Two Crores Twenty Eight Lakhs Fifty
Thousand only) shall be paid by the Purchaser to the Seller/Developer in the manner
contemplated in this Agreement hereunder and simultaneously with the execution and
registration of the Conveyance Deed.
S. No. % Amount in INR Scheduled Payment
1. Rs 1,00,00,000/- Agreement Amount
2. 25% Rs /- 1st Slab
3. 25% Rs /- 2nd Slab
4. 15% Rs /- 3rd Slab
5. 10% Rs /- Brick Work
6. 10% Rs /- Electrical& Plumbing
7. 10% Rs /- Flooring, Painting,
Fitting and Fixtures
8. 5% Rs /- Completion and at the
time of handover
Total - 100% /-
2.3 The consideration is exclusive of the applicable GST, Cess tax, Stamp Duty, Registration and
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other miscellaneous charges/ taxes etc, leviable as applicable at relevant time on the
Schedule Property, by the Government. Authorities/ other bodies till completion and
handing over of the unit.
2.4 The Purchaser shall pay for all internal additions/alterations/modifications carried by the
Seller, at the request of the Purchaser, with regard to the Schedule B Property, shall be for
such additional consideration and such extended construction schedule as may be mutually
agreed upon by the Parties and reduced to writing. Further, the Purchaser agrees that, in
the event of such a requisition being placed by the Purchaser the obligation of the Seller to
carry out the said internal additions / alterations / modifications shall commence only
upon the Purchaser paying 50 % of the estimated cost and undertaking to pay the balance
50 % upon completion of the work by the Developer/ Seller.
2.5 The purchaser shall voluntarily pay the above said installments as per the schedule time
mentioned above, irrespective of the fact whether reminder letter for the payments are
sent by the Seller/Developer or not.
2.6 Notwithstanding the payment schedule mentioned above, if the purchaser pays his portion
of the sale consideration, apart from the loan sanctioned by the bank, the Seller/Developer
shall execute the registered Sale Deed in respect of schedule ‘B’ plot in favour of the
Purchaser and in such case, the Purchaser shall enter into a suitable Construction
Agreement exclusively with the Developer in respect of the construction to be made or
such other agreement in respect of the remaining installments, along with postdated
Cheques for due payment of such installments or suitable arrangement with the financing
bank or institution for release of the balance installments/balance consideration directly to
the Seller/Developer. However, the Seller/Developer shall have absolute lien over the
Schedule B property till all the installments/balance of consideration is fully paid and the
purchaser shall not be entitled for delivery or possession of the Villa till all the amounts
payable under this Agreement are fully paid to the Seller/Developer.
2.7 The Purchaser understands and agree that in case of the Purchaser intends to transfer the
Villa hereby agreed to be purchased, the Purchaser shall pay a sum of Rs. 5,00,000/- as
transfer fee for such transfer and the Seller is not obliged to accept such transfer unless the
transfer fee of Rs. 5,00,000/- is paid by the Purchaser.
3. Possession - Villa :
3.1 The Seller shall deliver the actual physical vacant possession of the Schedule B Property
within 18 months from the date of this Agreement and further a grace period of 6 months,
subject to the Purchaser having completed the payments as per clause 2.2 above or upon
payment of the Sale Consideration in full, whichever is earlier. The Seller shall have a first
lien and charge on the Schedule B Property. This restriction will be in place until all sums
due to the Seller as per this Agreement are realized by the Seller and possession is formally
handed over to the Purchaser only after issuance of no dues certificate by the Seller.
4. Common Amenities:
4.1 The Purchaser understands and agrees that construction activity inside the Project Area,
particularly the development of the common amenities may continue even after the
handover of possession of the Villa and Purchaser shall not raise any objection in this
regard. The Purchaser, before clearing all the sums due to the Seller and taking physical
possession of the Schedule Property, shall without the prior written approval of the Seller,
not part with, sell, assign or alienate in any manner his/her interest in the Schedule
Property, except for creating any mortgage to banks/financial institutions/ any lenders
from whom the Purchaser may have obtained loans and creation of such mortgage is a
condition of the loan document executed by the Purchaser.
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4.1 The purchaser agrees to make all the payments towards utilities and common amenities at
the time of possession of the villa, even though the same is not complete at the time of
possession of the villa.
4.2 The Purchaser covenants to own, use and enjoy all the common areas and amenities such
as internal roads, club house, all open spaces, common electrical lines and lighting, water
lines, sewers, drains, pipes, pavements, landscaped areas etc located within the Project area
in common with other Purchasers of the Project. The Purchaser shall not place objects,
things, articles etc which hinders or obstructs the free use of any of the common amenities
mentioned above. The use of club house and other amenities shall be in accordance with
the terms and conditions framed by theDeveloper.
5. Default or delay in paying the consideration & Cancellation:
5.1 The purchaser shall be notified 7 days before the payments/dues through postal,
electronically or verbally. The Purchaser shall make the payments/dues with respect to the
installments/ Consideration amount /other statutory payments as per clause 2 of this
Agreement. In the event of delay in payment by the Purchaser, the Seller are entitled to
charge and the Purchaser shall pay, interest at the rate of 24% per annum on the due
amount, the interest calculated from the date the amount was due until the date of
payment. In the event, the Purchaser fails to pay the due amount for a period exceeding 30
days from the date the payment was due or if the Purchaser commits a breach of any of the
provisions of this Agreement, further construction of the Villa will be stopped and the
Seller are entitled to terminate the Agreement by issuing a notice calling upon the
Purchaser to pay the due amount and/or rectify the breach. Prescribed cancellation
charges will be levied on the Purchaser as per the work stage.
5.2 In the event the purchaser fails to perform his/ her/ their obligations or non-fulfillment of
all / any of the terms and conditions set out in this Agreement, the purchaser/s hereby
authorizes the Seller to cancel the sale agreement and forfeit a sum equivalent of 10% of
the total sale price, along with any other amounts of non-refundable nature which have
been detailed to the purchaser at the time of this agreement.
5.3 In case the purchaser wishes to cancel his/her Villa on his/her own accord or if the Villa is
cancelled by Seller for violating any of the terms and conditions by the Purchaser, the
amount paid so far by the Purchaser, will be refunded after deducting the charges of
alterations/modifications and the cost of extra works, carried out in the Villa on the
request of the Purchaser, in addition to the prescribed cancellation charges as per the work
stage irrespective of their booking date and the balance shall be refunded without interest
there on. The said refund amount shall be paid to the purchaser, on the receipt of equal
amount from new customer, when the said Villa is sold to a third party.
5.4 If the Purchaser fails to do so even after receipt of such notice, this Agreement may be
terminated by the Seller at their sole discretion. It is clearly understood that the Purchaser
will be entitled to execution of a registered Sale Deed in his/her favour only upon
complying with the Payment Schedule under this Agreement.
5.5 However, cancellation of booking will not be allowed after the 2nd stage of the
construction.
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The cancellation charges are as follows:
Stage of the Stages/Details of Percentage to be
Work levied on total
Construction
Villa Cost.
Stage 1 Land cost & Land 5%
Development
month from the date of
booking
Stage 2 Completion of Footings & 10%
Foundation
5.6 Cancellation will became if the customer avails home loan from the banks or financial
institutions.
6. The obligations, representations and warranties:
6.1 The Seller hereby represents as follows:
(a) The Seller is the absolute owner of the Schedule B Property with uninhibited rights of
alienation over the same. Save and except mortgage created in favour of HMDA and to
secure the banking facilities from the project financiers, the Seller is absolutely seized and
possessed of and are otherwise well and sufficiently entitled to the Schedule B Property;
(b) The Seller is empowered and authorized to enter into this Agreement, and to execute all
documents executed / required to be executed under or in relation to this Agreement, and
the Seller has taken all necessary action including obtaining any approvals or permissions
for execution and performance of this Agreement;
(c) This Agreement and all documents required to be executed under and / or in relation to
this Agreement constitute and will constitute valid and binding obligations of the Seller
enforceable in accordance with their own terms, and the person(s) executing such
document(s) on behalf of the Seller have been duly authorized to do so;
(d) The Seller has not entered into any arrangement or agreement to sell or otherwise, with
any third party/ies in respect of the Schedule B Property;
(e) The Schedule B Property is free from all encumbrances, attachments, claims, liens, charges,
clogs, hindrances of any nature whatsoever and howsoever and that there is no latent
defect in the title of the Seller and shall be conveyed to the Purchaser as such;
(f) The Seller assure the Purchaser that they shall resolve all or any disputes, relating to the
Property, arising out of any third party claimants;
6.2 The Purchaser hereby represents, warrants, declares and covenants that:
(a) It is hereby expressly agreed and declared by the Purchaser that the purchaser has agreed
to purchase and acquire the Schedule Property only for residential use and the Purchaser
undertakes not to use the same for any other purpose.
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(b) The Purchaser is not entitled to claim or demand any severance or separate performance of
any individual term or provision of this Agreement by the Seller.
(c) The Purchaser shall not assign/transfer his/her interest under this Agreement without
prior intimation to the Seller, it is also understood that the Seller is not obligated to give
their consent for any assignment by the Purchaser as this contract is exclusive in nature.
Further, it is made clear that in the event the Seller gives its consent for the assignment of
the Purchaser’s interest, it shall be subject to such conditions and payment of such charges
[in accordance with the market practice/rates], as may be stipulated by the Seller towards
administrative/transfer fees. The assignment/or the transfer will be subject to the Seller
receiving all payments till then due from the Purchaser and the proposed assignee binding
itself to all the terms of this Agreement and any other Agreement executed by the
Purchaser with the Seller. The operation corpus fund and maintenance fee if paid by the
Purchaser as per the provisions of this Agreement shall in such circumstances stand
transferred to the assignee.
(d) The Purchaser covenants that he/she shall observe and perform the terms and conditions
and bye-laws and the rules and regulations of the Association. No exclusive right is granted
or conveyed to the Purchaser in respect of the common amenities and spaces including the
terrace spaces and the use there of will be in accordance with the Villa Owner’s bye-laws
and regulations.
(e) The Purchaser covenants that after receiving possession of the Villa i.e., Schedule B
Property, the Purchaser shall use the same only for residential purposes and for no other
purpose. The Purchaser shall not make any structural alteration to the Villa or effect any
change to the plan or elevation of the villa by putting up any structures, grills or any other
means or change in any manner the exterior of the Villa and shall not enclose the open
terrace, if any attached to the Villa. The Purchaser while carrying out the interior work
within the Villa shall not cause any nuisance, annoyance to the occupants of the other Villas
and shall not use the common areas, roads, open spaces in the Project site, whilst carrying
out such interior works.
(f) The Purchaser shall strictly comply with the rules, regulations, restrictions that may be
generally/specifically imposed / prescribed by the Seller or the agency or the Society
appointed for the maintenance of all common areas and facilities including the payment of
the amount equivalent to 2 months maintenance as advance from time to time.
(g) No change or modifications are permitted to the structure or appearance of the exterior of
the Villa and any of the common areas.
(h) The Purchaser hereby covenants that the plan elevation or outer color scheme of the villa
shall not be altered or permitted to be suffered, and The Purchaser also covenants not to
make any structural alterations inside the Villa and further agrees that no permanent
structures shall be constructed under any circumstances whatsoever.
(i) The Purchaser shall after receiving possession of the Schedule B Property permit the Seller
and/or the agency appointed for the maintenance of common areas and facilities with or
without workmen at all reasonable times to enter into the Villa for the purpose of laying,
maintaining, repairing and testing water pipes, electricity connection and for similar
purposes and also for the purpose of disconnecting the supply of water and electricity etc
to the houses or other common areas of the building or to the occupiers of such Villa as the
case may be who have defaulted in paying their share of water, electricity and other
charges and common expenses and also for non-months compliance of the terms of this
Agreement.
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(j) The Purchaser shall from the date of possession of the Villa maintain the same walls,
drains, pipes etc in good and tenantable condition and shall not do or suffer to be done
anything in or to the Villa or common passage, which is against any laws, rules or regulate.
(k) The Purchaser further covenants and declares that all the terms and conditions contained
in this indenture of Agreement and agreed to by the purchaser shall be binding and apply
in respect of future sale by the purchaser and bind the transferee. The purchaser shall hold
the said Villa constructed/to be constructed thereon with the terms and conditions relating
to the installation of any cable/telephone/dish connections or any additional wiring for the
aforesaid purposes, other than those provided by the Seller without the prior permission
and consent in writing of the Seller.
(l) As soon as possible after the completion of the said Project in all respects, the Seller shall
appoint/form any Managing Agency Association or Co-operative Society or a Private
Limited Company incorporated solely for the purpose of maintenance of the said township
and common amenities/facilities and the purchaser shall co-operate with the Seller fully
and shall become a member of such co-operative society/association and shall sign all
documents and papers necessary for the purpose. The Purchaser shall strictly comply with
the rules, regulations, restrictions that may be generally/specifically imposed / prescribed
by the Seller or the agency appointed for the maintenance of all common areas and
facilities. The purchaser further covenants that.
(i) The various deposits mentioned here are to be paid by the purchaser to the Seller /Owner
on or before taking over possession of the said Villa and shall be held by the Seller /Owner
free of interest and shall be transferred [if not adjusted against any arrears] to the
Association/Society. Villa holder shall not do any unlawful acts and shall abide by all the
bye-laws and/or rules and regulations which may be framed by the Association and/or till
such time, said township is maintained by the Seller or his nominated body.
(ii) The operation and maintenance of the Villa, post its completion will be undertaken by the
Seller or its nominee till such time it deems fit. The Purchaser shall from the date the
possession of the Villa is handed over to him/her, be also liable to pay the proportionate
share of common expenses for upkeep and maintenance of all common areas and facilities
in the Project within seven (7) days of demand by the Seller. The obligation will commence
even if the Purchaser fails to take possession of the Villa despite intimation by the Seller.
Any delay/default will result in with holding of services.
(m) The Purchaser hereby agrees that he/she and/or his/ her transferees or successors-in-title
shall contribute as and when called for, by the Seller, reimburse his/her share of property
taxes for the building within fifteen days from the date of payment made and called for by
the Seller.
7. Other obligations of the Parties:
7.1 The above provisions must bind both the parties:
(a) Time is the essence of this contract.
(b) The Seller agrees and undertakes to execute such other document/s, Agreements,
contracts, and deeds and do or cause to be done all such acts, deeds and things as may be
required by Purchaser to fulfill the obligations under this Agreement including for fully and
perfectly conveying the title of the Schedule B Property to the Purchaser.
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(c) In the event of the Seller incurring any additional cost or expenditure and/or additional
taxes or both as the case may be, which the Seller has or would be required to incur and
which have arisen as a result of the default by the Purchaser and subsequently been cured
shall be reimbursed by the Purchaser.
(d) This agreement shall be in force notwithstanding the execution of Sale Deed in respect of
Schedule-B property and shall become valid only after payment of all the amounts due
under this agreement and accordingly, the possession will be delivered to the purchaser/s.
The purchaser shall get the pending works completed only with the builder and no third
party builder/contractor shall be allowed to make any construction or finishing the project
work.
8. Further Assurances
8.1 The Parties have come together under this Agreement for the mutual benefit of each other
and hence, each Party shall carry out and perform their respective obligations in their true
letter and spirit. It is agreed between the Parties that none of the Parties shall take any step
or action which may jeopardize the rights to the Land including Schedule B Property and
construction and development of the Project Area.
8.2 Each Party agrees that it shall from time to time, do execute, acknowledge and deliver all
such further acts, documents, and instruments as may be reasonably required by the other
Parties in order to carry out fully and effectuate the transactions herein contemplated in
accordance with the provisions of this Agreement.
9. Term and Termination
9.1 This Agreement shall be binding between both the Parties, commencing from the date of
this Agreement first stated herein above, and the purchaser agrees to adhere to and abide
by the terms and conditions contained therein after the execution of the sale deed also and
shall continue and remain in full force till it is terminated in terms of this Clause.
9.2 Notwithstanding any other provision of this Agreement, the Seller shall be entitled to
terminate this Agreement by giving a written notice of at least 30 business Days to the
Purchaser in the event of a Material Breach by the Purchaser. In the event that such
Material Breach has not been cured by the Purchaser within a period of 30 Business Days
from the date of the receipt of the notice, the Seller shall be entitled to terminate the
Agreement.
9.3 For the purposes of this Agreement, Material Breach means any of the following events:
(a) The Purchaser commits a breach of any of its obligations or clauses mentioned in this
Agreement ) and such breach, is not remedied by the Purchaser within 15 Business Days of
notice being served on it by the Seller requiring such remedy; or
9.4 Termination of this Agreement shall not affect the rights and obligations of the Parties
which have accrued prior to the termination, and the said rights and obligations shall
continue to remain in full force and effect;
9.5 The Surviving Provisions shall survive the termination of this Agreement.
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10. Indemnity
Each of the Parties herein hereby irrevocably and unconditionally, jointly and severally
agree to indemnify and hold the other Party harmless from and against any and all
liabilities, losses, damages, costs, claims, actions, proceedings, judgments, settlements,
expenses and natural calamities (including attorney’s fee) or the like which may be
suffered or incurred directly or indirectly by one party, as a result of or arising out of this
Agreement, which may include any misrepresentation or breach of any representation or
warranty or non-fulfillment of or failure to perform any Conditions Precedent or covenant
or obligation or agreement or undertaking contained in this Agreement by another party.
11. Waiver
Failure by any Party to enforce at any time or for any period any one or more of the terms,
conditions, provisions or stipulations of this Agreement shall not constitute as a waiver of
such term, condition, provision or stipulation nor of the right of such Party to enforce the
same subsequently.
12. Amendment
No amendment, supplement, modification or clarification to this Agreement shall be valid
or binding unless set forth in writing and duly executed by both the Parties of this
Agreement. This Agreement may be executed by the Parties in separate counter parts each
of which when so executed and delivered shall be an original, and all such counter parts
shall together constitute one and the same instrument.
13. Notices
13.1 Every notice to be given under this Agreement to the Parties shall be given in writing, and
shall be deemed to have been duly given if sent by email or by a courier service or
registered Acknowledgement Due or personally delivered. Each notice shall be addressed
to the other Parties at the address set forth above in this Agreement.
13.2 Any notice sent by registered Acknowledgement Due or courier, shall be deemed to be
received by the addressee seven (7) Business Days after the same is dispatched in case of
dispatch within India, and twelve(12) Business Days in case of dispatch between two (2)
countries.
13.3 Any notice delivered personally shall be deemed to be received by the addressee when
delivered to the addressee.
13.4 Any Party from time to time may change its address for the purpose of notices to that Party
by giving a similar notice specifying the new address. Such change in address will be
notified to the other Parties within fifteen (15) Business Days of such change in address.
This Agreement constitutes the whole Agreement between the Parties and supersedes any
previous written or oral Agreements, understandings, negotiations and discussions
between the Parties in relation to the matters dealt with in this Agreement, provided that
this Clause shall not exclude any liability for (or remedy in respect of) fraudulent
misrepresentation.
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14. Force Majeure:
The Parties hereby agree that Developer is restrained from development and construction
activity because of statutory impediments/operation of law, any claim from any third party
arising out of the acts and deeds of the Land Owners or by acts of nature and force majeure,
then such unproductive/disturbing time periods shall be excluded from the developers
obligation time period.
15. Governing Law/Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of State
government of Telangana..
Any dispute between any or all of the Parties relating to or arising out of this Agreement
shall be subject to the exclusive jurisdiction of courts of Telangana State at Hyderabad,
India.
This Agreement and all questions relating to its interpretation shall be construed in
accordance with the laws of Govt of Telangana , without reference to its principles of
conflicts of laws. Except as otherwise specifically provided in this Agreement, the following
provisions apply in the event of any dispute or difference arising among the Parties out of,
in connection with or relating to this Agreement.
a. The Parties hereto agree that they will use all reasonable efforts to resolve among
themselves, any issues arising out of or relating to this Agreement through negotiations.
b. Any issues and differences whatsoever arising under or in connection with this Agreement
which could not be resolved by Parties through negotiations, within a period of thirty (30)
days from the service of the Notice of issue, the same shall be referred to and shall finally
be settled by a Attorney to be appointed by the Developer in accordance with the
provisions of Govt of Telangana Law, 1996, and all proceedings shall be conducted in
English and a daily transcript in English shall be prepared and the venue shall be in
Hyderabad, India.
c. The Parties are debarred from exercising any right or filing any application to any court or
tribunal having jurisdiction in connection with matters involving substantial questions of
any issues.
d. The Parties here by submit to the Attorney’s award and the award shall be enforceable in
any competent court of law.
SCHEDULE “A” PROPERTY
All that land admeasuring Ac. 3-20 Guntas in Survey No. 177/B, of kompally Village,
Quthbullapur Mandal, Medchal District, Telangana State and bounded by;
North : Neighbours Land
South : Road
East : Neighbours Land
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West : Neighbours Land
SCHEDULE “B” PROPERTY
All that Villa No.28, land admeasuring 220 square yards i.e; 3500 Square Feets out of land
,admeasuring Ac. 3-20 Guntas in Survey No. 177/B of kompally Village, Quthbullapur
Mandal, Medchal District, Telangana State and bounded by;
North : Villa No. 27
South : Internal 40’ wide Road
East : Internal 40’ wide Road
West : Villa No. 29
IN WITNESS WHEREOF the Parties hereto have signed this Agreement of Sale on the day, month
and year first above written in the presence of the following witnesses:
NOTE: This agreement may be modified subject to HMDA norms & Layout position. The
price mentioned in this agreement will remain the same (Per Sft Rs. 6,500/- , Extra Land
per Sq.yd Rs. 50,000/-). Unless there is any change in the extent of said Villa, the price will
be increased or decreased accordingly. The purchaser have to pay Rs. 1,00,00,000/- at the
time of HMDA fee intimation letter .
BALAJI CONSTRUCTIONS (VENDOR)
MANAGING PARTNER
WITNESS
1)
2)
VENDEE
1)
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