CONSTRUCTION AGREEMENT

(TO BE PROPOSED)

THIS DEED OF AGREEMENT executed on this -- day of ---

BETWEEN
FULCRUM ENGINEERING CONSULTANCY a company
having its office at N0 4/101,Thandakkara Street, Silattur, Aranthangi,
Pudukkottai Dt- 614622 Represented by its propreitor
Mr.GANDHILAL (cell no 9384224079) S/O.K.S.MOHAN,
hereinafter referred to as the “PARTY OF THE FIRST PART” which
term shall wherever the context so permit mean and include his heirs,
executors, administrators, legal representatives and assigns
AND
 MR,V.BALAJI (Aadhaarno:396776893147) (Cell No:9171321980)
Son of Mr. VENGATRAMAN, residing at Door no 8 Gandhi street
,Vivekananda theru,alathur,tiruchirapalli,tn.620011 (HEREINAFTER
referred to as the “PARTY OF THE SECOND PART” Which term shall
wherever the context so permit, mean and include his/her heirs, legal
representatives, executors, administrators, and assigns successors in
interest as the case may be.
WHEREAS the party of the Second part has proposed to
construct a house in plot no 1 described in the Schedule “A” hereunder
and has entered into an agreement with the “PARTY OF THE FIRST
PART”

AND WHEREAS the party of the second part is the absolute

owner for the above said schedule “A” property.
WHEREAS the party of the first part, has accepted to
construct one Residential house admeasuring 1107 Sq., Feet of Super
Plinth Area in GROUND FLOOR and 291 sq., feet of Super Plinth Area
in first floor on behalf of the party of the second part in the above said
“A” schedule property as per drawings attached and specifications
detailed in “B” Schedule.
WHEREAS to construct the said house as per the specification
mentioned in “B” Schedule, and a meeting out incidental expenses, the
party of the second part has agreed to pay a sum of Rs.24,78,000/-
(Rupees Twenty four lakhs and seventy eight thousand only)as per
schedule “C” and agreed to pay the above said sum as per the terms
mentioned in “D” Schedule.
All payments are to be received in the Name of FULCRUM
ENGINEERING CONSULTANCY A/C 38510126591 ifc SBIN138036,
state bank of india, Silattur branch
NOW THE PARTIES DO HEREBY AGREE TO THE FOLLOWING
TERMS AND CONDITIONS:-
1. The Lump sum contract amount for construction of the house,
and other incidental expenses described in the Schedule “C” shall
be Rs. 2000/ ft2 and the above said sum shall be payable in stages
as mentioned in Schedule “D”.
2. The Party of the First Part shall follow and adhere to standards
and specifications described in Schedule “B” in the construction
of the said building.
3. The party of the First part shall provide all materials for
complete execution of the work.
4. The Party of the First part shall engage its own laborers and sub
contractors and they shall be liable for the payment of wages to
laborers and sub contractors etc.,
5. If any GST is leviable in respect of the works contract involved
under this agreement the party of the first Part shall be liable to
pay the same.
6. If the party of the second part fails to pay any one or more
installments in the respective levels set out in Schedule “D” the
party of the Second part will be liable to pay interest on such
delayed payments at the rate of 24% per anum
7. The Party of the First part shall make every endeavor to
complete the construction of the building within 10 months from
the date of this agreement. The Said period shall however be
liable to be extended if such extension is warranted by
extraordinary circumstances such as Natural Calamity or any
unforeseen delay from Government Department like Electricity
Board etc.,
8. The Party of the First part shall not be liable to deliver possession
of the said building to the party of the Second Part unless and
until the party of the Second part shall make entire lump sum
contract amount Sales Tax if any on such work.
 9. Minor deviations/alterations from the plan may be made by the
Party of the First Part if it is found necessary during the course of
construction. On account of such alteration, if the Super Plinth
Area is increased or decreased the parties shall be liable to make
necessary adjustment in the payment
10. Both the parties assure to extend mutually a very smooth, cordial
and friendly relationship till the completion of the project. Minor
difference of opinions can be sorted out mutually and amicably.
11. Any dispute regarding difference of opinion arising in
interpretation and meaning of any of the terms of this Agreement
and for enforcing any payment of claim arising under this
agreement shall be referred to an approved arbitrator, who shall
be appointed by the parties hereto by mutual consent.

SCHEDULE-A:-
DESCRIPTION OF PROPERTY

Tiruchirappalli District, Srirangam Taluk, Mutharasanallur Village

and Panchayat, natham new sf no: 29/1 plot no 1 with the following four
boundaries:- Plot No:1

East : Plot No: 2,

West : north south kanni vaykal
South : natham sf no29/2 kuyawar manai
North : layout road
An extent of 1857 Sq., Feet of land with the following measurements
North to south on the eastern side 50 feet
North to south on the western side 50 feet
East to west on the northern side 31 feet
East to west on the southern side 43.5 feet
 SCHEDULE-B:-

SUB PREMIUM FEATURES & SPECIFICATIONS

A. Flooring
1. Living, Dining Area : granite
2. Verandah : 1 x 1 kajCeramic Tile
3. Bedrooms : 2 x 2 vitrified tiles, Kaj
4. Kitchen/Utility : granite
5. Toilets : 12x12 kaj make ceramic glaze
tiles
6. Staircase : kaj step tiles stones

B.Tiling:
1. Toilets : 10x13 kaj make ceramic glaze
tiles

2. Above Kitchen Platform : 8 x 12 kaj make Ceramic

glaze tiles

C. Sanitary Wares
1. Bathroom : Cera single pan

D. Sanitary Fittings:

1. All Toilets : Parry ware / Cera fittings.

E. Door

1. Main Door : Teakwood Frame (5x4) with

Teakwood panel doors.

2. Other Doors : teak wood 2ndframe with

solid wood skin doors.
 3. Windows : UPVC WINDOWS

F. Walls finishing

1. Interiors : Birla white putty withasian

Premium Emulsion two
coats

2. Ceilings : Two coats Emulsion Ace

3. External : Asian Ace Emulsion two coat

G. Plumbing
1. Common Overhead tank to : UPVC Feeder Lines Avon
Individual

2. Internal Concealed : UPVC Pipes

3. Exposed Piping : UPVC

4. Waste Water Line : PVC SUPREME

H. Shelves/Platform
1. Kitchen counter : jet Black granite Platforms
not exceeding 15 rft

I. Lofts

1. Bedrooms : concrete Lofts

2. Kitchen : concrete Lofts

J. Telephone Points : In living

K. Television Points: In living

L. Electricity Supply & Wiring: Concealed wiring 3Phase power flex

With switches anchor roma Make.
M. Overhead Tank : PVC tank 1000ltrs.Sintex

N. Compound wall : concrete prefabricated wall

O. Banister Rail : MS Fabricated hand rail.

P. bore well : 60 feet

Q. motor : 1 hp single phase best/suguna

R. eb main panel : ms fabricated with

standard control switches
S.ug sump : 3000 lts masonry structure
T. septic tank : 6000 lts masonry structure

SCHEDULE-C:-

sl.no. Description unit Area rate amount

construction of ground floor as
per drawing and as per
specification inclusive of bore
1 well sft 2000
construction of car park as per
3 specification sft 1750
5 ug sump lts 15
Over head water tank lts 10
6 septic tank lts 10
compound wall precast slab
8 inclusive of gate rft 1800
9 eb 3phase N0 25000
10 drawing and approval charges ls 35000
12 3 loads of earth * no’s 6000
 13 labor shed Ls 15000
14 Elevation extra To be decided after elevation design
TOTAL

SCHEDULE-D:-

Total value of contract shall

be calculated after the site
visit

SL.N AMOU DEDUCTI BALAN

O. PARTICULARS % NT ON CE

1 Advance

On commencement of
2 ground floor roof 15%
On commencement of
3 first floor roof 15%
On completion of
ground floor brick
4 work 10%
On completion of first
5 floor brick work 10%
 On Completion of
Ground floor internal
6 plastering 10%
On Completion of first
floor internal
7 plastering 10%
On Completion of
8 external Plastering 15%
On completion of
9 Painting work 10%
10 On final completion 5%

Total 100%

IN WITNESS WHEREOF the parties have signed their respective

names hereto on the day, month and year above written.

WITNESSES:-

1.

2.