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SALE DEED FOR RS.

1,00,00,000/-

THIS SALE DEED is made at New Delhi, India on this 22nd day of January, 2022.

BETWEEN

Mr. Rahul aged 45 s/o Mr. Arun r/o New Delhi, India (hereinafter referred to as the VENDOR
which expression shall, unless repugnant to the context or meaning thereof shall mean and
include his heirs, executors, administrators and assigns of the FIRST PART).

AND

Mr. Varun aged 47 s/o Mr. Prashant r/o New Delhi, India (hereinafter referred to as the
VENDEE/PURCHASER which expression shall, unless repugnant to the context or meaning
thereof shall mean and include his heirs, executors, administrators and assigns of the SECOND
PART).

WHEREAS the vendor is the owner of a freehold plot measuring 10 acre and bearing No. 88 in
C Block of Dwarka, New Delhi vide sale deed dated 27/10/2003 registered in the office of the
Sub-Registrar, New Delhi as document No. 8163/SDEED/27102003 on 27/10/2003. The
aforementioned plot is bounded as under:-

EAST ... PLOT NO. C-89, NORTH … ROAD

WEST… PLOT NO. C-87, SOUTH… ROAD

AND WHEREAS the Vendor after purchasing the said plot, has constructed one concrete
structure spanning over 0.5 acres acting as a storehouse containing well, in the North East corner
of the aforementioned property alongside the boundary wall.

AND WHEREAS the Vendor has agreed to sell and the Vendee has agreed to purchase half part
(West Half) of the aforementioned property, measuring 5 acres of the same, for a total
consideration of Rs. 1,00,00,000/- (Rupees one crore only) on the terms and conditions setforth
hereinafter.

NOW THIS SALE DEED WITNESSES AS FOLLOWS:

1. That in pursuance of this agreement, the Vendor has already received from the Vendee a sum of
Rs. 25,00,000 (Rupees twenty-five lacs only) as part sale consideration, in cash, the receipt of
which the Vendor hereby admit and acknowledge.

2. The balance amount of Rs. 75,00,000/- (Rupees seventy-five lacs only) has been paid to the
Vendor in the following manner by the Vendee: -
3. That there existed a charge on the aforementioned property by way of mortgage amounting to
Rs. 50,00,000. The property had been mortgaged to Mr. Ashok (Mortgagee) by way of
agreement dated 30/05/2005 registered in the office of the Sub-Registrar, New Delhi as
document No. 8001/MAGAM/30052005 on 30/05/2005 by the Vendor (Mortgagee).

4. Whereas, the Vendee has paid Rs. 50,00,000 to the Mortgagee on behalf of the Vendor to the
Mortgagee’s bank a/c bearing Account Number 8964866737, in State Bank of India, Dwarka
Brach, New Delhi by way of NEFT transaction dated 21/01/2022 ref. id 10003455888445 as
part of sale consideration of land. This transaction will free the aforementioned property of any
charge and original sale deed of the same has thus been duly returned by the Mortgagor to the
Vendor.

5. Whereas, the remaining balance amount of Rs. 25,00,000 has been paid by the Vendee to the
Vendor’s bank a/c bearing Account Number 7828657602, in State Bank of India, Dwarka
Brach, New Delhi by way of NEFT transaction dated 21/01/2022 ref. id 10003455888444.

6. Whereas, in view of the amount of sale consideration received as per Paras. 1-5 above, the
Vendor hereby grant, convey and transfer all his rights, titles and interests as held on the date
hereof in the said West half of the aforementioned property measuring up to 5 acres together
with undivided, indivisible and impartible proportionate ownership rights on the land
underneath the said half, on the terms and conditions contained herein, provided that the well
and storehouse constructed on the North East side of the aforementioned property as well as the
entrance on the North Side will be commonly used by the Vendor and the Vendee.

7. That the Vendor is free to sell the remaining portion (s) of the said property to any other
party/parties with common rights for use of common entrances, common storehouse, common
well, common facilities etc. and the Vendee will not make any objection thereto.

8. That the Vendor assures that the sale of the said part of land is now free from attachment,
tenancies gifts, decree, prior sale and religious disputes and if it is proved otherwise at any time
and the Vendee suffers any loss due to any of the aforementioned reasons, then the Vendor
shall be liable to make good the loss thus suffered by the Vendee.

9. That the Vendee has perused the original title deed of said property and has fully satisfied
himself.

10. That all the expenses arising on the account of registration, execution of this sale deed and the
registration of the said property in favor of the Vendee will be borne and paid by the Vendee.
11. That charges for maintenance/consumption/repair of common amenities such as electricity
supplied to the property, storehouse, entrance and well, shall be paid by the owners of all the
portions proportionately.

12. That all taxes, from the date of the Agreement to sell, imposed on the said portion shall be
borne and paid by the Vendee.

13. The Vendee has also satisfied himself about the soundness of the title of the Vendor and his
power to sell the said portion in the manner stated herein.

14. That photostat copies of title deeds etc. have been handed over by the Vendor to the Vendee.

15. That this transaction has taken place at New Delhi. As such Delhi Court shall have exclusive
jurisdiction to entertain any dispute arising out of or in any way touching or concerning this
deed.

SCHEDULE OF PROPERTY

Rough Map of Property: -

Measuring 10 Acres in Total

Storehouse and well, constructed in 0.5 Acre in total


IN WITNESS WHEREOF parties hereunto have signed this document on the date and place first
above written in the presence of following witnesses.

VENDOR

Mr. Rahul

VENDEE

Mr. Varun

WITNESSES: (1) Mr. Arun

(2) Mr. Prashant

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