HOUSING DEVE OPMENT FINANCE CORPORATION LIMITED

REGD. AD.
'Without Prejudice’

23’d 3une 2020

The Director / Authorized Signatory.

VANJSHREE Builders,
Vinayaka Complex, 1” h'lain,
Jayanagar, 2"‘ Cross,
Dharwad - 580001

Oear Sir,

This has reference to the housing loan of’ Rs.33,60,000/- (Rupees Thirty Three Lakhs Sixt:y
Thousand Only) sanctioned under Home Loan account No. 620172306 of which an amount of Rs.
31,50,000/- (Rupees Thirty Dne Lakhs Fifty Thousand Only) is disbursed by HDFC Ltd, to Mr.
Kaustubha S Gudi (hereinafter referred to as ’the said borrower’) in terms of loan agreements
dated 25t’ July 2DI6 for purchase of property” FLAT-001,FLOOR-GF, SAI PARTMAL APARTMENT, CTS
99/C,STH CROSS,MALAMADDI STATION ROAD,SAPTAPURA, DHARWAD - 580001 (hereinafter
referred to as ’the said property').

The said loans was disbursed in terms of the said loan agreement/s consequent and subsequent to
Tripartite Agreement dated 21.06.2016 executed between HDFC, the said Borrower and you (I•’I/s.
Citrus Infrastructure Pvt. Ltd ) , in terms whereof the said housing loans of 33,60,000/-was secured
by first equitable mortgage of the said property.

The said Tripartite agreement inter alia casts an obligation to perform in terms of the loan
agreement which the Borrower has failed to undertake and has been defaulting in repaying the said
loan. He has not paid the Equated Monthly Installment (Ef lls) / PEMIs for a consecutive period of
2S months resulting ›n accumulation of huge arrears in his loan account. Our repeated reminders,
letters, emails and personal visits have elicited no response from the said borrower.

Accordingly we hereby invoke the provisions of the said Tripartite agreement and in terms of the
default committed, call upon your company to cancel the allotment.

Accordingly, we hereby request you tO kindly cancel the allotment of the said property made in
favor of the said borrower and arrange to refund, in terms of the Tripartite a9 eement, directly to
HDFC.

We are informing you below the details of amount due in this Loan Account to HDFC, as on
31.05.2020 furnished for your information, and action:

Particulars LOAN ACCOUNT NO:

landing in RS. 620172306
EMI outstanding (Montns) 25
EMI Outstanding Rs. 736649.00
Principal Outstanding ” Rs. 3004483.00
Additional Interest Rs. 143208.00
Incidental Cehsat Rs. 13841.00
Outsta Rs. 3898E81.OO

HDFC House, Nn. 51, Kaetiirba Road, Bengaluru 560 001.

Tel: 4tt83000 / 252. Fax: 080 - 22275754. E-mail : customercare.beng@hdfc.com
Regd. Office: kamtin House, H T Psrekh hlarg, 1fi9, Backba) Reclamation, Churchgatc•, 6lumbai 40(1 f12(i. INDI.\
Corpr›ratc Identity Number: 1.70100hIill’J7 PLC019') 1 6