BANAKHANT

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AGREEMENT FOR SALE

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Agreement for Sale the property being for FLAT NO C-902 on
NINETH Floor in the scheme known as “GINI LAKE GARDENZ”
situated at Mouje MAKARBA Taluka VEJALPUR, Registration
District Ahmedabad and Sub District PALDI-4
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Purchaser :- 1.) PRANAV VAMANRAO DAVE
First Party :- PAN :

2.) MEGHA PRANAV DAVE


PAN :

Both Having Address at 32 Vashishth Nagar Society,


Ishanpur Road, Ghodasar, Ahmedabad-380050

Hereinafter referred to as “the Purchaser” and/or “the


First Party” in this Agreement, which expression shall
include the Purchaser representatives, attorneys at
present and from time to time and their legal heirs,
successors, administrators, transferees & assignees etc.
of Purchaser party

AND

Vendor :- SAMIR H MEHTA


Second Party :- PAN :
Having Address at 1504, Swastik Value Heights, 15 Floor,
Tilak Nagar, Above Axis Bank, Chembur ,Mumbai
Suburban, Maharashtra-400089,

Hereinafter referred to as “the Vendor” and/or “the


Second Party” in this Agreement, which expression shall
include the Vendor representatives, attorneys at present
and from time to time and their legal heirs, successors,
administrators, transferees & assignees etc of Vendor.

WHEREAS

(a) The VENDOR SAMIR H PATE, is absolute owner and is seized and possessed
of and otherwise well and sufficiently entitled to the piece or parcel of
Non-Agricultural land bearing Survey no-195/3 admeasuring about 4338
Sq.mts., or thereabouts. The schedule of the Property referred to above for
the property sold under this sale deed is as under:- Constructed property
i.e. C-902 of the Nineth Floor admeasuring 92.75 sq.mtr. of Carpet area
with 41.156 sq.mtrs. of undivided share in the Registration District Sub
District of Ahmedabad Registration Zone-4 (Paldi) Taluka Vejalpur and
Mouje Makarba and has been more particularly described in the Schedule I
herein and shall hereinafter be referred to as the said “Said Flat” in this
Agreement for Sale.
(b) That N.A. Use permission for the land bearing Survey no-195/3
admeasuring about 4338 Sq.mts. is granted by That the District
Development Officer, Ahmadabad permission for the said land by their
Order No. PRM 27/11/2009/719 DATE 22-12-2011 and effect of that has
been entered in the revenue record by Mutation Entry No …….., dated
…………..

(c) THAT plan for constructing commercial use building on the said Land is
approved by the town planer, Ahmedabad has sanctioned plans for the said
land by their letter No. B/P/Changodar/Sanand/2600, dated 23/07/2012
and also pursuant to that Changodar Gram Panchayat has issued
Construction Rajachitthi under Resolution No.6/1 dated 31/07/2012.

(d) The VENDOR and PURCHASERS have negotiated for the sale of the UNIT
No. C-902 admeasuring about 92.75 sq. mtrs i.e. (built up area) along with
undivided proportionate land admeasuring 41.156 sq.mt situated on the
NINE floor in “GINI LAKE GARDENZ”. That the said property along with its
concerned common parking, passage, lift, bore-well, water tanks, lightings
together with rights & interests thereof, has been agreed to sale to the First
Party-Purchaser previously for lump-sum consideration of Rs. 72,00,000/-
(Rupees SEVENTY TWO Lakh Only) and also the Purchaser has agreed to
purchase the said property, and we have already received the part payment
out of total sale consideration amount from the purchaser as detailed
below, and amount of part payment will be adjusted in total sale
consideration at the time of final sale deed.

Amount paid to Vendor by PURCHASER

DATE AMOUNT CHEQUE NO BANK BRANCH


Rs. 51,000
TOTAL Rs. 51,000/- (Rupees Fifty One Thousand Only)

Thus the Vendor has received part payment amount of Rs 51,000/-(Rupees


Fifty One Thousand Only) from the Purchaser as detailed above and the rest of
amount of Rs.35,37,000/-(Rupees Thirty Five Lakh Thirty Seven Thousand Only)
to be paid by the Purchaser as per Terms and Condition decided by the vendor at
the time of booking.

TERMS AND CONDITIONS OF AGREEMENT FOR SALE

(1) Tenure of this agreement for sale has is agreed and decided by and between
the parties hereto for a period of 6 (Six Months) from today.
(2) Vendor hereby indemnifies the Purchaser that the Vendor has not given the
Said Flat to anybody anyhow and not created any encumbrance or lien
thereon. Further the Vendor indemnify that the Vendor has not executed
any Agreement for Sale / Banachitthi / Sale Deed for the said property in
favour of any body and accordingly all rights and titles of the said property
is/are clear and marketable.

(3) Following all procedures mentioned in this agreement, the Vendor would
have to execute and register final Sale Deed for the Said Flat in the name of
Purchaser and vacant and peaceful possession of the said property to be
handed over against full payment of consideration amount.

(4) The PURCHASERS shall abide by the terms and conditions of this Agreement
for Sell with regard to the payment schedules as mentioned hereinabove. In
case if the PURCHASERS fails to pay the balance amount of price within the
stipulated period as stated above, (time being of essence) the VENDOR
shall, without prejudice to other rights and remedies, be entitled to cancel
this agreement for sale, shall refund the Earnest Money paid by the
PURCHASERS after deducting necessary administrative expenses and shall
also be entitled to sell the said flat to any other person.

(5) This Agreement shall stand terminated at the sole discretion of the VENDOR
in case if the PURCHASERS do not fulfill the obligation for payment of the
consideration of the said flat as mentioned in this Agreement or upon
non-compliance of any term and condition to be fulfilled by the Purchaser
under this Agreement..

(6) In case if any party to this agreement shall fail to fulfill its obligations for
completion of this sale transaction, the other party shall be entitled for the
specific performance of this agreement and shall also be entitled to recover
damages due to default of the other party. But under no circumstances, the
Purchasers shall be entitled to stop the transfer of other flat and limited
common area and facilities of the building.

(7) Vendor has not handed over vacant and peaceful possession of the said flat
to the Purchaser by virtue of this agreement and the same will be handing
over after fulfillment of entire account at the time of final sale deed, which
amount includes extra work, if done and not to ask any separate detailed
bill thereof.

(8) It is accepted by the Purchaser that name of the scheme is “GINI LAKE
GARDENZ” and not to be changed or altered. And you have to use said flat
only for “RESIDENTIAL“ purpose.
(9) All proposed members of the scheme “GINI LAKE GARDENZ” have to obey
rules & regulations of the said scheme, and has to pay amount of
maintenance deposit as well as monthly or annually maintenance at the
time of sale deed in name of administrative society/association. Further
purchaser shall have to become member of service society constituted for
entire administration of the scheme “GINI LAKE GARDENZ” and have to
follow resolutions and decisions thereof. Either members or Vendor shall
prevent the member whosoever conducts acts against rules & regulations.

(10) You, Purchaser has agreed to purchase the said property after getting entire
information about papers, titles and specification of the said flat. Further
you, purchaser shall have pay any AMC tax, WATER tax, stamp duty payable
for the said flat under any prevailing acts and also you have to borne any
additional taxes or charges, if any applied by the government at any time in
future.

(11) Purchaser has not to get any alteration or change in Elevation as well as
Structure of the said “GINI LAKE GARDENZ”. And not to provide any type of
change in exterior colour or lighting and not to use exterior wall to pass any
type of pipes or cables.

(12) Above mentioned sale consideration amount does not include maintenance
deposit amount, service tax etc. You, the purchaser shall have to pay taxes
of government authority from the date of execution of the sale deed for the
said Flat.

(13) Common terrace rights of the said scheme ““GINI LAKE GARDENZ”” have
been open for usage of all members of the scheme. Any member/
administrative society-association are not entitled to provide or install any
mobile tower or type of frequency tower or receiver, however if do so legal
action will be initiated against that.

(14) Purchaser shall have liability of all type of land revenue, taxes, cesses,
electric burnings and other charges regarding the said flat till the date of
execution of Sale-deed and later it will be responsibility of the purchaser to
born the same.

(15) You-Purchaser shall have to borne all expenses of this agreement as well as
Sale Deed of said property such as stamp, registration fees, typing, advocate
fees etc.
SCHEDULE
All that piece and parcel of Residential Flat bearing No. C-902 with Carpet Area
admeasuring 92.75 Sq.Mt on the 9th Floor in the building known as “GINI LAKE
GARDENZ” along with proportionate undivided right in land admeasuring 41.156
Sq Mt inclusive of internal roads and with right to use common areas of the said
Building such as passage, foyer, terrace, stairs, lifts etc. along with stipulated
undivided interest in the land beneath the super structure of said Building,
developed upon all that piece and parcel of non-agricultural land bearing Final
Plot No. 28/1 of Town Planning Scheme No. 84/B (Makarba) admeasuring 4296 sq.
mt. or thereabouts allotted in lieu of land bearing old Survey No. 195/3
admeasuring 4338 sq. mt. lying being situate at Village: Makarba, Taluka:-
Vejalpur, City and District: Ahmedabad, and bounded as follows:

Details of boundaries are:-


East : OPEN PLOT
West : Flat No. D-1002
North : Flat No. C-901
South : OPEN PLOT

Thus the property having details of numbers, measurement and boundaries


as above together with all undivided proportionate land share and rights allowed
in common amenities of the said scheme “GINI LAKE GARDENZ”.

The above referred Agreement for Sale executed by us willingly and with
free consent after reading, thinking and understanding the same without any kind
of pressure or threat of any body and in physical fitness and consciousness, which
is agreed and bound to all of us and our present and future partners, designators
and heirs, successors, executors, administrators and assignees etc.

IN WITNESS WHEREOF the parties here to have set and subscribed their
respective hands and signatures on this ______ day of _____ 2023.

 Signed & Delivered by


the Vendor,
SAMIR H MEHTA …………………………………

 Signed & Delivered


by the Purchaser

1.) PRANAV VAMANRAO DAVE …………………………………

2.) MEGHA PRANAV DAVE …………………………………


In the presence of

1. …………………………………

2. …………………………………

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