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FACILITATION AGREEMENT

This FACILITATION AGREEMENT (hereinafter referred to as this “Agreement”), is entered


into on this ___ day of January 2024.

BETWEEN

Maharashtra Industrial Development Corporation (MIDC) a nodal Investment Promotion agency


under the Government of Maharashtra having its registered head office at Udyog Sarathi,
Mahakali Caves Road, Andheri East, Mumbai – 400093. (hereinafter referred to as the
“SELLER”, which expression shall, unless repugnant to the meaning or context hereof, be
deemed to include all permitted successors and assigns).

AND

A firm named ____________________ which is registered under having its registered address at
______________________________________________________________________________
(hereinafter referred to as the “BUYER”, which expression shall, unless repugnant to the
meaning or context hereof, be deemed to include all permitted successors and assigns).

The Agreement is with subject to sale of land Survey numbers 146 & 147, TTC Industrial Area,
Airoli, Navi Mumbai, Maharashtra 400708. The total area of land is 28 Acres. (hereinafter
referred to as the “SAID PREMISES”)
The names of mandates involved in this deal and agreement are mentioned as follows:
LOBBY A :1) Mr. PRAKASH JADHAV 2) Mr. DINKAR SAUDEKAR 3) Mr. MAHADIK.
LOBBY B :1) Mr. NANDKUMAR VISPUTE 2) Mr. RAJENDRA GAIKWAD 3) Mr. SANJAY
CHANDGUDE 4) Mr. TUKARAM RASAAR 5) Mr. ASHOK PACHPUTE.
LOBBY C :1) Mrs. RIDDHIMMA PUNJABI 2) Mr. KAMLESH BHAT 3) Mr. LOKHANDE 4)
Mr. DONGRE.

WHEREAS, the parties and mandates hereto desire to enter into this Agreement to define and
set forth the terms and conditions for the transfer of said premises from seller to the buyer;

1) The Buyer agrees that he has shown interest to purchase the said premises.
2) The seller agrees that the said premises is their property and it will be their responsibility
to provide all sort of clearance to the buyer before transferring the said premises in the
name of the buyer.

3) The seller agrees that Letter of Allotment will be provided to the Buyer after the
execution of this agreement.

4) Both the parties agree that they have mutually decided that selling price of land will be
Rs ___________________ (Rs ).

5) Both the parties agree to pay compensation in form of commission to all the mandates at
the rate of ____% of the transaction value.

6) Both the parties agree that it will be their responsibility to pay the commission to the
mandates during the execution of every transaction of this deal.

7) Both the parties and all the mandates agree that the commission among all the three
Lobbies will be distributed equally even if some of the mandates are not present in the
meetings.

8) Both the parties agree that all the relevant documents pertaining to this deal will be made
after the execution of this agreement.

9) Both the parties and all mandates agree that they have carefully read all the terms and
conditions of this agreement and they are under no pressure or distress while signing this
agreement.

____________________ ___________________

(SELLER) (BUYER)

Represented by : Name of the firm :

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