GIFT DEED

THIS DEED OF GIFT is executed on this the Sixteenth Day of

September Two Thousand Four (16-09-2004) at Bangalore,

BY:

SMT. Lakshmamma,
Aged 74 years,
W/o. Narasimha,
Residing at No. 239/3, 7th Cross,
8th Block, Jayanagar,
Bangalore – 560 041.

Hereinafter called the ‘DONOR’ (which expression unless repugnant to

the context, shall mean and include her heirs, legal representatives,
administrators, executors, successors, assigns etc) of the One Part:

IN FAVOUR OF:

SRI. Sooraj,
Aged 32 years,
S/o. Sri. Narasimha,
Residing at No. 239/3, 7th Cross,
8th Block, Jayanagar,
Bangalore – 560 041.

Hereinafter called the ‘DONEE’ (which expression unless repugnant to

the context, shall mean and include his heirs, legal representatives,
administrators, executors, successors, assigns etc) of the Other Part:

WITNESSETH AS FOLLOWS:

WHEREAS the Donor is the absolute owner by title and in

peaceful possession and enjoyment of the property bearing No. 239/3,
7th Cross 8th Block, Jayanagar, Bangalore, measuring East to West 50
Feet and North to South 75 Feet, in all measuring 3750 Sq. Feet, with
40 Sq building, which is more fully described in the schedule
hereunder and hereinafter referred to as the “SCHEDULE
PROPERTY”.
 WHEREAS the Donor herein got purchased the Schedule
Property out of her own funds, for a valuable sale consideration from
its Vendor under a Sale Deed dated 21-1-1988, which is registered as
Document No. 3032/87-88, in Book-I, Volume 1136, at pages 77 to 85
in the office of the Sub-Registrar, Jayanagar, Bangalore. That the
khata of the Schedule Property stands in the name of the donor in the
revenue records of the Bangalore Mahanagara Palike and has been
paying the taxes to Bangalore Mahanagara Palike. Thus ever since
from the date of the purchase the Donor is in peaceful possession and
enjoyment of the Schedule Property and exercising all the rights of
ownership. The Schedule Property is free from encumbrances.

WHEREAS the Donee is none other than the Son of the Donor.
The Donee has been looking after the Donor with great love and
affection and taking care of her needs. The Donee has extended all the
possible help during the life time of the Donor and the Donor in token
of her love, affection and gratitude towards the Donee, has deemed fit
to gift the Schedule Property, out of free will and natural love and
affection towards the Donee, absolutely for the use and benefit of the
Donee as an absolute owner.

NOW THIS GIFT DEED FURTHER WITNESSETH:

1. That in pursuance of the above and in consideration of the love

and affection towards Donee, the Donor hereby grants, conveys,
transfers, assigns and set over UNTO AND IN FAVOUR of the Donee
all that piece and parcel of the Schedule Property, more fully described
hereunder, together with all the rights, title, interest, possession,
claims, liberties, estates, easements, ways, paths, water and water
courses, heriditaments and all other privileges appurtenant or
belonged thereto, free from all kinds of encumbrances in favour of the

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Donee, TO HAVE, HOLD, POSSESS and ENJOY the same by the
Donee hereafterwards and forever as an absolute owner without any
let or hindrance from anybody or from whomsoever, free of all
encumbrances.

2. The Donor assures the Donee that the Schedule Property is her
own property and she has every right and authority to deal and convey
the Schedule Property to the Donee in the manner herein contained.

3. The Donor further assures the Donee that the Schedule Property
is not subject to any litigation, maintenance charges, attachment
decrees, minor claims, mortgage debts, tenancy rights, surety or
security claims and that the property is not notified for acquisition or
any other proceedings is pending before any Court or Authority and
thus the Schedule Property and every portion thereof is free from all
kinds of encumbrances. The Donor has not created any charge or
encumbrance on the Schedule Property.

4. The Donor also agreed and undertakes to execute or cause to be

done, executed or performed all such further acts and deeds and to
execute all further deeds of assurances, confirmation or rectification
deeds so as to convey a more valid and perfect title in the Schedule
Property to the Donee for his peaceful possession and enjoyment of
the property, without any let, hindrances or interruption whatsoever
either by the Donor, her successors or anybody claiming through or
under her.

5. The up to date property tax is paid on the Schedule Property to

the Bangalore Mahanagara Palike and the Donee shall pay the same
hereafter and entitled to get the Khatha of the schedule property
changed to his name in the revenue records of Bangalore Mahanagara
Palike.
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6. The Donor has this day delivered all the documents of title and
physical possession of the Schedule Property. The Donee has duly
accepted the Gift and taken possession of the Schedule Property.

SCHEDULE PROPERTY

All that piece and parcel of the property bearing No. 258/5, 4 th
‘A’ Cross, 5th Block, Jayanagar, Bangalore, measuring East to West 50
Feet and North to South 75 Feet, in all measuring 3750 Sq. Feet, with
40 Squares building and bounded on the:

East by : Site No. 257,

West by : Site No. 259,
North by : Site No. 243 & 244,
South by : 44th ‘A’ Cross.

IN WITNESS WHEREOF, the Donor and the Donee have signed,

executed and delivered this indenture of Gift, on the day, month and
year first above written.

WITNESSES:

1.

(Smt. Lakshmamma)
DONOR

“Accepted”
(Sri. Sooraj)
DONEE