Whereas the Lessor is the legal and absolute owner of the residential apartmentproperty situated at Block 10 Apartment No.604, Hill Ridge Springs (IVRCL),Gachibowli, Hyderabad 500 032, Andhra Pradesh.Whereas the Lessor agrees to let out and the Lessee agrees to take on rent theentire residential apartment addressed Block 10 Apartment No.604, Hill RidgeSprings (IVRCL), Gachibowli, Hyderabad 500 032, Andhra Pradesh, which isconsisting of 3 (three) bedrooms, 1(one) kitchen, (3) three toilet-cum-bathrooms,1 (One) covered car parks, at a monthly rent of Rs.17,000/- (Rupees Seventeen Thousand Only) payable on or before 31
of each English Gregorian month.NOW THIS DEED WITNESSETH AS FOLLOWS :1.That the Lease of the said premises shall be deemed to have commencedfrom 5th
January 2008 and valid for 24 months.2.The option for further continuation at mutually agreed terms andconditions shall be available on the condition of drawing of fresh LeaseDeed at the appropriate time.3.That the Lessee has agreed that the rate of rent of the said premises shallbe Rs.17,000/- per month from 5
January 2008 till 4
January 2010.4.The Lessor will give possession of the said premises to Shri MalayalaSrinivasan and his family members for residential purposes only and theLessee shall not sublet the said premises in part or full to anybody else.Any breach of this clause shall render this agreement as cancelled.5.That the Lessor will give the possession of the said premises with all thesanitary, electric, water and other fittings and fixtures in perfect workingorder.