AGREEMENT TO SELL

THIS AGREEMENT TO SELL executed on the 15th day of July 2022

(15.07.2022) at KANAKAPURA
BY:
SMT. SAROJAMMA
W/o Late H. K. Ramaiah
Aged about 74 years
Residing at No. 160, 7th Cross,
Janatha Colony, Near Maramma Temple
B. G. Road, Hulimavu, Bangalore South – 560 076
Aadhar No. 7499 0328 4051

(Hereinafter collectively referred to as the “OWNER /VENDOR”, which

term, wherever the context permits, shall mean and include her legal heirs,
successors, executors, assigns, administrators and legal representatives) of
the FIRST PART;

IN FAVOUR OF:
1. SRI DEVARAJ H. R.
S/o late H. K. Ramaiah,
Aged about 52 years,
Residing at No. 160, 7th Cross,
Janatha Colony, Near Maramma Temple
B. G. Road, Hulimavu, Bangalore South – 560 076
Aadhar No. 2653 0468 2808

2. SRI SRINIVAS H. R.,

S/o late H. K. Ramaiah,
Aged about 49 years,
Residing at No. 160, 7th Cross,
Janatha Colony, Near Maramma Temple
B. G. Road, Hulimavu, Bangalore South – 560 076
Aadhar No. 3559 4509 9936

3. SRI MUKUNDA R.,

S/o late H. K. Ramaiah,
aged about 47 years,
Residing at No. 160, 7th Cross,
Janatha Colony, Near Maramma Temple
B. G. Road, Hulimavu, Bangalore South – 560 076
Aadhar No. 2337 3606 7164

4. SMT RENUKA. R,
W/o Sri Puttaraju,
 aged about 44 years
No. 1, 2nd “A” Main Road, 3rd Cross
Sampangiramanagar, bangalore – 560 027
Aadhar No. 3958 6794 3105

5. SMT. SUJATHA. R.
W/o Sri Nagesh. T.,
Aged about 42 years
No. 39, Lumbini Victoria New Layout
Nallurahalli, Whitefield Post
Bangalore – 560 066
Aadhar No. 5385 0948 5468

(Hereinafter referred to as the “PURCHASERS” which term, wherever the

context permits, shall mean and include their heirs, successors, executors,
assigns, administrators and legal representatives) of the OTHER PART;
WITNESSES AS FOLLOWS:
WHEREAS the Vendor is absolute owner of 1/6th undivided share in
Sy No. 69 measuring 01 acre 13 guntas and Sy No. 70 measuring 27 guntas
situated at Thubarahalli Village, Varthur Hobli, Bangalore East Taluk being
more fully and particularly described in the schedule hereunder and
hereinafter called as the ‘SCHEDULE PROPERTIES.

WHEREAS, as on today the all the revenue records are stands in the
name of the Vendor in respect of the Schedule properties. Further, the
vendor has paid the tax to the concerned authorities. And ever since taking
the possession of the schedule properties, the Vendor herein are peaceful
possession and enjoyment of the schedule properties as a lawful owner.

WHEREAS, the Vendor do hereby declare that she has not raised any
loan or taken any advance or otherwise created any charge on the Schedule
Properties which is free from all encumbrances, claims, charges, interest,
etc. whatsoever.
WHEREAS, the vendor in order to meet her legitimate demands, and
other legal requirements, have decided and offered to sell, transfer and
convey the schedule properties for a total sale consideration of Rs.
3,00,000/- (Rupees Three Lakhs Only) which are free from all
encumbrances, charges, claims, demands, interests, title, lien, etc.
whatsoever.
AND WHEREAS, based on the aforesaid assurance held by Vendors
herein, the said Purchasers herein has agreed to purchase the schedule
properties for the said sale consideration of Rs. 3,00,000/- (Rupees Three
Lakhs Only) which is free from all encumbrances, charges, attachments,
claims, demands, interest, title, lien, etc. whatsoever.
NOW THIS AGREEMENT TO SELL AS AGREED TO BETWEEN THE
PARTIES HEREIN WITNESSES AS FOLLOW:
1. The Vendors have agreed to sell, transfer and convey 1/6th undivided
share in Sy No. 69 measuring 01 acre 13 guntas and Sy No. 70
measuring 27 guntas situated at Thubarahalli Village, Varthur Hobli,
Bangalore East Taluk, together with all appurtenances whatsoever, to
the Purchasers subject to a good marketable title being found free
from all encumbrances, rights, claims, title, demands, interests,
acquisition, etc., for a total valuable sale consideration of Rs.
3,00,000/- (Rupees Three Lakhs Only) subject to the terms and
conditions herein contained.

2. Based on the above assurances of the said Vendors and also subject to
the terms and conditions herein contained, the purchasers have agreed
to purchase the schedule properties for the said valuable consideration
of Rs. 3,00,000/- (Rupees Three Lakhs Only)out of which a part of the
sale price of Rs. 2,00,000/- (Rupees Two Laksh Only) by way of cash,
to Vendor is paid by the purchasers, before the following witnesses.

3. The total consideration of the Schedule properties is Rs. 3,00,000/-

(Rupees Three Lakhs Only).

4. The purchasers today i.e. on 15.07.2022 have paid Rs. 2,00,000/-

(Rupees Two Lakhs Only) by way of cash to Vendor as advance
towards the purchase of the Schedule properties. The balance sale
consideration of Rs. 1,00,000/- (Rupees One Lakh Only) shall however,
 be paid by the Purchasers to the Vendor at the time of registration of
the conveyance.

5. The Vendor hereby covenant that, the Schedule properties is free from
all encumbrances, court, attachment, of any kind and the Schedule
properties is not the subject matter of any acquisition or requisition
proceedings, minor claims, maintenance claims, restrictive covenants,
or any other claims of whatsoever nature from statuary authorities
including taxation authorities and that they shall not create any lien,
charge, mortgage of any kind on the Schedule properties during the
subsistence of this agreement.

6. That the vendor will not enter into any other agreement, arrangement
or understanding with any other person or persons in any manner
whatsoever for the sale of or transfer of the Schedule properties as a
whole or in parts thereof during the period this agreement is in force.

7. AND THAT the Vendor hereby covenant that, he will at all times
execute every such lawful deeds, assurances or things, as shall be
reasonably required for further and more perfectly assuring the
Schedule properties and every part thereof unto, in favour of the
purchasers and/or their nominee/s. The vendor hereby undertake to
indemnify the purchasers and/or their nominee/s from all losses,
claims or damages of whatsoever nature that the purchasers and/or
their nominee/s might incur due to there being any defect in title of
the vendor to the Schedule properties or due to any restrictions which
prohibit the vendor from executing a deed of absolute sale and
conveyance in favour of purchasers and/or their nominee/s.

8. That the vendor shall duly hand over physical and vacant possession of
the Schedule properties in favour of the purchasers and/or his
nominee/s at the time of the due execution and registration of the
absolute Sale deed in favour of the purchasers and/or his nominee/s.
9. The time for this contract is Three (3) months from the date of
obtaining 11 (e) sketch from the authorities . And before the
registration, the Vendor have to give all the original and required
documents i. e. the Grant order, Grant certificate, mutation extract
regarding separate No. of the schedule properties, R.T.C’s, Mutations,
Latest Tax paid receipts, Tippannis, Sketches, Encumbrance
certificates, Etc. to the purchasers for the purpose of scrutiny of title
and also to facilitate the registration of the schedule properties.

10. All properties taxes and other liabilities down to the day of the
registration of the conveyance, income tax, capital gains tax, if any
and other dues and levies concerning the schedule properties shall be
borne and discharged by the Vendor.

11. The Purchasers herein shall have the right to nominate any other
person or persons and assign their rights under this agreement in
favour of such person or persons at a sale price and consideration and
other terms and conditions as they deem fit only after the purchasers
pay the entire sale consideration payable to the vendor under this
agreement and the vendors shall duly recognise any nomination or
assignment and shall duly execute a deed of absolute sale and
conveyance in favour of such nominees and assignees.

12. If the Vendor fail or neglect to perform their part of the contract, with
in stipulated period, the purchasers are at liberty to move the court of
law for Specific performance of the agreement after issuing a legal
notice to the Vendors.

13. No error, miss-statement or omission in the description of the schedule

properties shall annul the sale.

14. The expenses on stamp duty, registration Charges and other charges
shall be borne by the Purchasers as agreed to between the parties
herein.
SCHEDULE PROPERTIES
1. All that pieces and parcel of 1/6th undivided share in Sy No. 69
measuring 01 acre 13 guntas situated at Thubarahalli Village, Varthur
Hobli, Bangalore East Taluk bounded on the:
East by : Private Property
West by : Road and Private Property,
North by : Varthur Main Road
South by : Sy No. 70
2. All that pieces and parcel of 1/6th undivided share in Sy No. 70
measuring 27 guntas situated at Thubarahalli Village, Varthur Hobli,
Bangalore East Taluk bounded on the:
East by : Private Property
West by : Road and Private Property,
North by : Sy No. 69
South by : Remaining portion in Sy No. 70
IN WITNESS WHEROF, the vendor and the Purchasers have signed
this Agreement to sell before the following witnesses at the place and on
the day, month and year, first above written.
WITNESSES:

1)
VENDOR

2) PURCHASERS