AGREEMENT OF SALE

THIS DEED OF AGREEMENT OF SALE entered at Chennai this day of

BY
-------------------------------------------------------------residing at
--------------------------------------------- hereinafter called the “VENDOR” which term shall
mean and include wherever the context so admits or requires her legal heirs,
representatives, executors, administrators and assigns of the PARTY OF THE FIRST
PART;

TO AND IN FAVOUR OF

----------------------- aged about ------------ having PAN ID --------------- residing at

--------------------------------------------- 012.(Near Mahalakshmi Theatre),hereinafter called the
“PURCHASERS” which term shall mean and include wherever the context so admits or
requires their legal heirs, representatives, executors, administrators and assigns of the
PARTY OF THE SECOND PART.

WHEREAS the land and building bearing

----------------------------------------------------------- comprised in, measuring an extent of
----------------owned by the VENDOR through a Sale Deed dated on -----------------------------,
Registered at District of North Chennai and Sub Registration District of Purasawakkam.

AND WHEREAS the vendor is desirous of selling the schedule mentioned property
for better investment and to meet her family commitments, she has offered to sell the
schedule property for a sum of-------------------------------
AND WHEREAS the VENDOR hereby declares that the property described in the
schedule hereunder is free from all encumbrances and there is no mortgage, charges,
claim, dispute or any litigation whatsoever pending over the said property.
 AND WHEREAS on the strength of the above representation and assurances of
the VENDOR herein, the PURCHASERS have accepted the above said offer and agreed
to purchase the schedule mentioned property for the said sale price free from all
encumbrances.

NOW THIS AGREEMENT OF SALE WITNESSETH AS FOLLOWS: -

a. The vendor offered to sell the schedule mentioned property free from all
encumbrances for a total sale consideration of -----------------------the
PURCHASERS have agreed to purchase the schedule mentioned property
for the said sale price.

b. The PURCHASERS have agreed to pay the sale consideration in the

following manner:-
i. -------------- the balance sale consideration will be payable by the
PURCHASERS by way of takeover of loan over the said property of
-------------------before the execution of sale deed.
ii. The remaining amount as DD/Cheque to the Vendor at the time of
execution of the Sale Deed.
c. The vendor undertakes to execute and register the sale deed to the
PURCHASERS or their nominee or nominees or agent as and when the
PURCHASERS make a request for execution of the sale deed in the
registrar of assurance and the vendor also agreed to execute the sale deed
as per the above said terms of the PURCHASERS.

d. The vendor hereby assures and undertakes to complete the sale

transaction within a period of 90 days from the date of entering this
agreement of sale and both the parties have mutually agreed to complete
the sale transactions within the above said period of 90 days. The time is of
the essence of the contract.

e. The vendor hereby declares that she has cleared all the dues like property
tax, water and sewerage tax, electricity charges and whatever other
charges over the schedule property.

f. Both the vendor and the PURCHASERS mutually agreed to complete the
sale transaction as per the terms of clause e of this agreement.

g. The vendor undertakes to execute and register the sale deed to the
PURCHASERS or their nominee or nominees within the stipulated period
as requested by the PURCHASER.

h. The PURCHASERS shall bear all the expenses of sale deed, such as
stamp duty, registration charges and miscellaneous expenses in connection
with the registration of the sale deed.
 i. Both the parties shall be entitled to enforce their rights under this
agreement in the appropriate forum by way of specific performance.

SCHEDULE

Land and building thereon, with all amenities like E.B. Metro Water and Drainage
Connections situated within the Registration District of North Chennai and Sub
Registration District of Purasawakkam.

Witnesses :-

1.
VENDOR

2.
PURCHASERS