Draft Approval for

AGREEMENT OF SALE

This Agreement of Sale, executed on ------------, at ------------, by and between:

1. Sri.VEMULA VENKATESWARLU, S/o. Late V.Veeraiah, aged 72 years, Occ:

Business, R/o. Flat No.B-1, Rajasri Apartments, Plot No.39,Srinagar
Colony, Hyderabad- 73.

2. Smt.VEMULA BHAGYA LAKSHMI, W/o.VEMULA VENKATESWARLU,

Aged 68 years, Occ: Business, R/o. Flat No.B-1, Rajasri Apartments, Plot
No.39,Srinagar Colony, Hyderabad- 73.

Hereinafter referred to as the Party to the First Part the “Vendors", which
expressions shall mean and include all their heirs, administrators, assignees and
successors.

AND

---------------------------------------------------------------------------------------------------

Hereinafter referred to as the Party to the Second Part the "Vendee", which
expressions shall mean and include all his heirs, administrators, assignees and
successors.

Whereas Sri. VEMULA VENKATESWARLU, party of the first part is the owner of
100 Sq.yards of undivided share in the property bearing plot No.16, in sector II of
HUDA TECHNO ENCLAVE MADHAPUR of Sy.No.64 of Madhapur Village,
Serilingampally Mandal, Rangareddy District, out of total land admeasure of
837.50 Sq.Meters or 1001.65 Sq.Yards, by virtue of Regd. Sales Deed Dt. 19 th
September, 2005 registered document No.13955/05..

Further Sri. VEMULA VENKATESWARLU, party of the first part is also the owner
of 101.65 Sq.yards of undivided share in the property bearing plot No.16, in
sector II of HUDA TECHNO ENCLAVE MADHAPUR of Sy.No.64 of Madhapur
Village, Serilingampally Mandal, Rangareddy District, out of total land
admeasure of 837.50 Sq.Meters or 1001.65 Sq.Yards, by virtue of Regd. Sales
Deed Dt. 29th April, 2002 registered document No.3728/2002.

Whereas Smt. VEMULA BHAGYA LAKSHMI, party of the first part is the owner of
100Sq.yards of undivided share in the property bearing plot No.16, in sector II of
HUDA TECHNO ENCLAVE MADHAPUR of Sy.No.64 of Madhapur Village,
Serilingampally Mandal, Rangareddy District, out of total land admeasure of
837.50 Sq.Meters or 1001.65 Sq.Yards, by virtue of Regd. Sales Deed Dt. 29 th
April, 2002 registered document No.3727/2002.

Therefore now the Vendors, the parties of the first part, own undivided share as
follows.

VEMULA.VENKATESWARLU ---------- 100 Sq.Yards

VEMULA.VENKATESWARLU ---------- 101.65 Sq.Yards

VEMULA.BHAGYA LAKSHMI ---------- 100 Sq.Yards

-----------------------
Total 301.65 Sq.Yards
------------------------

Whereas ---------------------the Vendee has expressed his offer to purchase the

said property for a total consideration of Rs.------------/- and the Vendors have
accepted the said offer for the said consideration. It is now deemed expedient to
reduce the terms and conditions of the agreement in writing.

NOW THIS AGREEMENT OF SALE ATTORNEY WITNESSETH AS

FOLLOWS :

1.The Parties to the First Part, the Vendors shall sell and the Party to the
Second Part, the Vendee shall buy an extent of 301.65 Sq.Yards being under the
out of total land admeasure 1001.65 Sq.yards in plot No.16, in sector II of HUDA
TECHNO ENCLAVE MADHAPUR of Sy.No.64 of Madhapur Village,
Serilingampally Mandal, Rangareddy District. for a consideration of
Rs.------------/- (Rupees ---------------------- only)

2.The Vendee has paid the advance sale consideration of Rs.------/-

(Rupees----------- only) as follows. The receipt whereof the Vendors hereby
acknowledge, towards part sale consideration of sale the said property.

Sl. Name of the Vendor PAN Amount(Rs.) Cheque/RTGS

No. Ref.
a VEMULA VENKATESWARLU ‘AAAAAAAAAA’ ------------
b VEMULA BHAGYA LAKSHMI ‘AAAAAAAAAA’ --------
The balance sale consideration of Rs.-----------/- (Rupees----------- only) shall be
paid by the to the Vendors with in a period of ---------- months from this date in
full and final settlement of the entire sale consideration agreed upon.

3. The Parties of the First Part shall hand over the original documents of title and
other related papers regarding the said property the Party to the Second Part, at
the time of registration of the sale deed.

4.The Parties to the First part assure that the said property together with all
the rights therein is free from all encumbrances and the Vendors have the
power to sell the said property and does not suffer any other deficiency.

5.The Parties to the First part undertake to sign any letter or letters or any
other documents in favour of the Party to the Second part to perfect the title of
the Party to the Second part, the Vendee if so required. However the second part
has come forward to purchase the property after due verification of title and the
location of the schedule property.

6. All expenses of Stamp duty, Registration fee and other expenses in connection
with the registration of the Deed of Transfer of title shall be borne by the Party to
the Second part. However, all outstanding expenses due or any rates and taxes
due on the property till date shall be borne and paid by the Parties to the first
part.

7. The Vendors shall put the Vendee in actual, physical possession of the
property on the day of registration of the sale deed.

8. The property under sale is on as is where in condition.

9. The Vendor assures the Vendees that the land is not covered by the
Agricultural Tenancy Act nor it is attracted by the Urban Land Ceiling Act.

SCHEDULE OF PROPERTY

All that property admeasure 301.65 Sq.yards undivided share out of total extent
of 1001.65 Sq.yards of land in plot No.16, in sector II of HUDA TECHNO
ENCLAVE MADHAPUR of Sy.No.64 of Madhapur Village, Serilingampally Mandal,
Rangareddy District. Together will all easementary rights and privileges attached
thereto and bounded as follows:

North : Park
South : 12mtrs road(40 ft road)
East : 12mtrs road(40 ft road)
West : plot No.15.

The total land admeasuring 1001.65 Sq.yards delineated in the plan, annexured.

IN WITNESSES WHEREOF, the Vendors and the Vendee have signed on this
Agreement of Sale with free will and consent on this the day, month and year
first above mentioned.

Witnessess :

1. 1.

2. 2.

3.

( V E N D O RS)

1.
(V E N D E E)
PHOTOGRAPHS AND FINGERPRINTS AS PER SECTION 32A OF REGISTRATION
ACT,1908
Sl.No FINGER PRINT PASSPORT SIZE NAME AND PERMANENT
IN BLACK INK PHOTOGRAPH IN POSTAL ADDRESS OF
(LEFT THUMB) BLACK & WHITE PRESENTANT
SELLER/BUYER

Executant

Attorney

SIGN OF THE EXECUTANT

WITNESSES:

1.
2.