AGREEMENT FOR PERMANENT

ALTERNATE ACCOMMODATION

THIS AGREEMENT made and entered into Vasai on this

……….. day of …………, 2024 BETWEEN M/S. SHANTEE
HOMES, a Proprietorship, having its office address at a
proprietary, Add. Ground Floor, Shremenath Bhawan, 60ft
Rood, K. T. Village, Near Indu Hospital, Vasai West, Taluka
Vasai, Dist. Palghar, 401 202, through its’ Proprietor Mr.
Raaz Mohammed Abdulsamad Pathan, age 46 years, PAN
CARD NO.AODPP6595E, Indian Inhabitant, hereinafter
referred to as `THE DEVELOPER’ (which expression shall
unless it be repugnant to the context or meaning thereof be
deemed to mean and include the partner or partners for the
time being of the said firm, the survivor or survivors of them
and the heirs, executors, administrators and assigns of the
last surviving partner or partners of proper alignment the
said firm) of the ONE PART.
 …2…

AND
NEELGAGAN CO-OPERATIVE HOUSING SOCIETY LTD., a
Co-operative Housing Society registered under the provisions
of MAHARASHTRA CO - OPERATIVE SOCIETIES ACT, 1960
vide Registration No. TNA/ VSI/ HSG/ TC/ 3064/ 88 - 89
dated 24/05/1989 and having its address at Survey No.11,
Hissa No.3/2, Village – Gokhiware, Taluka Vasai, Dist.
Palghar, through Chairman Mr. Kesavan Unny Nair,
Secretary Mr. Ismail Sayyed and Treasurer Mr. C. K.
Vasudevan, hereinafter called “THE SOCIETY – Being THE
CONFIRMING PARTY” (which expression shall unless it be
repugnant to the context or meaning thereof be deemed to
mean and include its successors and assigns) of the
SECOND PART.
AND
MR. NARESH KASHINATH KARADKAR, Age …… years,
Indian Inhabitant, R/o. A-02, Neel Gagan CHSL, Survey
No.11, Hissa No.3/2, Village – Gokhiware, Taluka Vasai, Dist.
Palghar, - hereinafter called “THE ALLOTTEE” (which
expression shall unless it be repugnant to the context or
meaning thereof, be deemed to mean and include in the case
of an individual or individuals, his, her or their respective
heirs, executors, administrators and permitted assigns/in the
case of a body corporate its successors and permitted
assigns/in the case of partnership firm, the partners for the
time being and from time to time constituting the firm and
the survivors or survivor of them and the heirs, executors and
administrators of the last survivor of them and his, her or
their permitted assigns/ in case of a Hindu undivided family,
the Karta and the members for the time being and from time
to time of the co-parcenery and the survivors or survivor
them and the heirs, executors and administrators of the last
survivor of them and his, her or their permitted assigns) of
the THIRD PART
 …3…

WHEREAS:-

A. The Developer herein has undertaken the work of a

redevelopment project comprising of 39 Units
collectively known as NEELGAGAN CO-OPERATIVE
HOUSING SOCIETY LIMITED, a co- operative housing
societies limited, formed and registered under the
provisions of the Maharashtra Cooperative Societies Act,
1960 under Registration No. TNA/ VSI/ HSG/ TC/
3064/ 88 - 89 dated 24/05/1989 being and situated
at Non-Agricultural land bearing Survey No.11, Hissa
No.3/2, area admeasuring 2070 sq. meters or lying,
being and situated at Village Gokhivare, within the local
limits of Vasai-Virar Municipal Corporation, Taluka
Vasai, Dist. Palghar, hereinafter for sake of brevity
referred to as “THE SOCIETY LAND” and more
particularly described in the SCHEDULE-“A” hereunder
written and hereinafter referred to also “THE SAID
PROPERTY”

i. The party of the third part is a member of NEELGAGAN

CO-OPERATIVE HOUSING SOCIETY LIMITED, and
holding its’ authorized Share Capital of Rs.250, Divided
into 5 (five) Shares each of Rs.50/- only from serial
No.01 to 05 under share certificate No.01 hereinafter
for sake of brevity referred to as “Said Allottee”

ii. The said Allottee is holding the above said society

shares & certificate issued in respect of the old flat
No.02, situated on … Floor, in “A” Wing, admeasuring
about 413 Sq. Feet carpet area in the old structure of
the society building, hereinafter for the sake of brevity,
referred to as the “Said Old Tenement” more
prescribed in the annexure and the “Confirming
 …4…

Parties” is the co- operative housing society and

representative body of the members of the “Said
Building” which monitors and coordinates the
Redevelopment Project undertaken by the Developers.

iii. The said developer & confirming party (the lawful owner
of the said property) and the said allottee have jointly
execute Re-development Agreement on 28/06/2023,
which was duly registered on 28/06/2023, in the office
of Sub-Registrar Office Vasai-4-, under serial No10856-
2023 (hereinafter, for the sake of brevity, referred to as
the “Said Re-development Agreement”).

B. And whereas, under the said Re-development

agreement, all the executing parties thereto agreed for
the Redevelopment of the said building together with the
land surrounding and underneath on the terms and
conditions of the said Re-development Agreement.

C. And whereas under the said Re-development

Agreement, the “Developers Company”, in lieu of the
grant of rights for the sale of saleable component of the
built-up area in the form of flats and shops as
described in the said “Re-Development Agreement”
agreed and undertook to compensate the existing
individual members lawfully occupying the flats in the
said building by allotting them flats in the newly
constructed building of such area ad specification as
are generally described in the said Re- Development
Agreement.

D. By and under the Agreement for Re-Development dated

28.06.2023, registered at the office of Vasai-4, at serial
no. Vasai-4-10856-2023, dated 28.06.2023 executed in
pursuance to the resolution passed by the society in its
 …5…

special general meeting held on 26/09/2022 a copy of

the said unanimously resolution is annexed hereto as
Annexure along with Re-development Agreement hereto
the society has agreed to accept the same on the terms
and conditions more particularly therein.

E. By virtue of the terms of the said agreement, it is

obligatory for the members to vacate their respective
flats in the existing building including member herein
against the Developers agreement to provide new
premises to the member being a new self- contained flat
admeasuring 425 Square feet RERA carpet Area free
of cost to the member as stated hereinabove on the
existing plot. Hereto it is annexed and marked as
Annexure = “C” (hereinafter the said alternate
accommodation is referred to as “the permanent
alternate accommodation).

F. The member herein has given his/her consent in writing

as a confirmation to the said re-development of the
property.

G. The member herein is executing this agreement to

record his/her consent and confirmation of the said Re-
Development Agreement dated 28.06.2023 and allowing
the Developers to use and utilize the TDR/FSI and/or
any other scheme approved by the state government or
competent authority as permissible to develop under
the terms and conditions of said Redevelopment
Agreement Dated 28/06/2023 and as per the
Commencement Certificate issued by the Vasai Virar
City Municipal Corporation bearing out ward
No.VVCMC/ TP/ CC/ VP-6916/ 182/ 2023-24 Dated
30/10/2023, on the said property subject to the Rules
and Regulations of the Vasai Virar City Municipal
 …6…

Corporation and to the terms and conditions agreed to

by and between the parties hereto for the permanent
alternate accommodation.

H. AND WHEREAS The Developer based on the approved

DILR layout scheme sanctioned by the Collector of
Thane under Order No.BD/ NAP/ SR/ 4/89 M/S.
SHANTEE HOMES, has developed all that the said plot
of land as it was agreed and stipulated in Plan duly
sanctioned by Competent Planning Authority.

I. The Developer had entered into a standard agreement

with architect registered with council of Architects and
such agreement as per the agreement prescribed by the
Council of Architects, whereas the Developers has
appointed Structural Consultant for the preparation of
structural designing and drawing of the building and
builders had accepted the professional supervision of
the architect and the Structural Engineer till the
completion of the Building.

J. Developer has given inspection of all the documents

of the title relating to the said land in the plans, design,
specification prepared by the Developer’s architect.

K. The copies of certificate of title issued by the attorney at

law or advocate of Developer and copies of the property
cards or extract of 7/12 and 6/12 or any other relevant
revenue records showing the nature of title of Neel
Gagan Co-Operative Housing Society Ltd., to the said
plot of land on which the flats/ shops/ offices/ garage/
rooms or any other premises is to be constructed and
the plans which has been approved by the appropriate
revenue authority.
 …7…

L. That M/S. SHANTEE HOMES, the Developer herein

had obtained the Commencement Certificate dated
30/10/2023, Document no: VVCMC/ TP/ CC/ VP-
6915/ 182/ 2023-24 and further rectification letter
dated 12/12/2023 bearing document No.VVCMC/ TP/
3205/ 2023-24 for the proposed residential, shopline
and commercial building on the Survey No.11, Hissa
No.3/2, area admeasuring 2070 sq. meters or
thereabout lying, being and situated at Village
Gokhivare, within the local limits of Vasai-Virar
Municipal Corporation, Taluka Vasai, Dist. Palghar;

M. While sanctioning the said plan the concerned Planning

authority had laid down certain terms and conditions
stipulations and restrictions which are to be observance
and performed by the M/S. SHANTEE HOMES, while
developing the said plot of land and therein Building.

N. The newly constructed building shall be known as “SKY

BLUE RESIDENCY” and the society is already in
existence which shall be known as Neel Gagan Co-
operative Housing Society Limited.

O. It is mentioned in the Re-Development Agreement dated

28.06.2023 and that - In lieu of existing premises, the
Developers shall provide to the Society in all 39
tenements in the newly constructed building for
occupation by the existing members of the Society. It
is agreed between all the parties that the Developers
herein have provided the existing carpet area as
mentioned in the list of Re-Development Agreement
dated 28.06.2023.

P. And whereas, the “Said Allottee” is one of the

beneficiaries under the above referred Re-development
 …8…

Project and has given his irrevocable consent for

carrying out the Re-development in the terms of the
proposal given by the “Developers Company”, which
has since crystallized in the execution of the said “Re-
development Agreement” and he/she is desirous of
entering into an Agreement with the Developers with a
view to reducing into writing all the relevant terms and
conditions pertaining to the said Allotment, hence all
the parties hereto proceed to execute the agreement as
hereunder:-

NOW THIS INDENTURE WITHESSETH AND IT IS AGREED

BY AND BETWEEN THE PARTIES HERETO AS UNDER:-

1. The ALLOTTEE hereby confirm and consents that the

society is seized and possessed of or well sufficiently
entitled to all that pieces or parcels of land, grounds
together with the existing building thereon as ALL
THAT building Neel Gagan CO- OPERATIVE HOUSING
SOCIETY LIMITED, situated at Non-Agricultural land
bearing Survey No.11, Hissa No.3/2, area admeasuring
2070 sq. meters, lying, being and situated at Village
Gokhivare, within the local limits of Vasai-Virar
Municipal Corporation, Taluka Vasai, Dist. Palghar and
more particularly described in the Schedule hereunder
written and hereinafter referred to as “the said property”
for the sake of brevity.

2. The ALLOTTEE further confirms and consents that the

by Resolution dated 19/02/2023, the Committee
Members of the Society were empowered to execute Re-
Development Agreement through which the Developers
were empowered to Develop the said property by Virtue
of the terms of the Re-Development Agreement dated
28.06.2023 and The Developers shall develop the said
 …9…

property by demolishing the existing building and by

constructing only a new residential cum shop line
building at their own costs, charges and expenses and
by utilizing the maximum permissible FSI and also
loading the extra TDR/FSI or any other scheme as per
UDCPR as per the terms and conditions of the said
Redevelopment Agreement Dated 28/06/2023 and as
per the said Commencement Certificate Dt.30/10/2023

3. The Allottee declares and confirms that he/she is

member of the society holding Share Certificate issued
by the society and in consequence to that he/she was in
use and occupation of old Flat No. A/02,
admeasuring about 413 square feet Carpet Area of the
old society building on the said property (hereinafter the
said old Flat/ shop for sake of brevity referred to as the
said premises).

4. The said developer in consideration of the peaceful and

vacant vacation of the said tenement on the part of the
“said Allotee” and his irrevocable consent for the
redevelopment work, hereby agrees to grant, give and
allot unto and in favour of the “said Allottee” a
permanent alternative accommodation on ownership
basis in the newly constructed building (hereinafter for
the sake of brevity, referred to as the “Permanent
Alternative Accommodation” of the New Flat No.106, of
“A” wing, on the 1ST floor, having 425 square feet
RERA-Carpet area which is equivalent to the 39.48
square metres RERA-Carpet area more particularly
described in the Schedule-“B” hereunder written and
hereinafter referred to also “The Said New Tenement/
Flat”. The said Allottee on his part agrees to accept the
same without any protest or demur.
 … 10 …

5. The Developer has agreed to pay stamp duty,

registration fee, document handling charges & Advocate
fees etc., which is applicable to transfer/allot old
tenements carpet area to the said Allottee and for its’
execution & registration of the Permanent Alternative
Accommodation Agreement.

6. The said Allottee and the said confirming party, hereby

reconfirms by virtue of said Redevelopment agreement
dated. 28/06/2023 that the developer has sole and
exclusive right to sell the Flats/ Shops or any other
premises in the said building to be constructed by the
Developer on the said property and to enter into
agreement with the prospective buyers of the Flats /
Shops or any other premises and to receive the sale
consideration in respect thereof, upon rules and
regulations as applicable under MAHA-RERA &
subsequent laws, at his own cost & responsibility.

7. All correspondence between the said society, developers

and its’ members shall be in writing only and no oral /
WhatsApp correspondence will be entertained.

8. Under the terms & conditions & in consideration of the

said Re-development Agreement, the said Developers
have agreed to grant, give and allot unto and in favour
of the “said Allottee” one self-contained Flat/shop in the
proposed new building bearing New Flat No. 106, of
“A” Wing, situated on 1ST Floor, having a RERA
Carpet Area of 425 Sq. Feet as agreed in this present
and shown in the plan annexed hereto.

9. All the labours and employees and contractors

employed by the Developers shall be its own employees
 … 11 …

and the Developers shall solely be responsible and

liable for their dues and liabilities arising out of
construction undertaken by the Developers. Safe
keeping of material stored by the Developers for
construction shall be its sole responsibility and the
society or its existing members or any of the secondary
staff of the society shall not be responsible and liable for
the same in any way.

10. The Member have solemnly assured and declared to the

Developers that as he/she is holder of the said society
shares and as the Member of the society the Member
herein alone or through his/her Nominee/s is/are
entitled to the benefits and rights of the said premises,
now in his/her exclusive use and occupation and no
either person is entitled thereto or is in possession of
the said premises. The said Allottee has agreed to
indemnify and keep indemnified to the said developers
against any claim, loss and expenses incurred or
suffered due to assurance and declaration given herein
in respect of the said tenements and of the said shares
and ownership thereof by the said Allottee.

11. The Developers have agreed to construct a new building

as per sanctioned plan of the new building on the said
property more particulars described in the schedule
hereunder written and strictly in accordance with the
development agreement and as per the plans sanctioned
by the Vasai Virar City Municipal Corporation. The
Member has agreed and undertook not to raise any
objection of any nature whatsoever and the Member
have further agreed and undertaken to co-operate with
the Developers in the matter of construction of the said
proposed building and for that purpose to sign further
letters of no objection or consent as and when required
 … 12 …

or demanded by the Developers or by the Vasai Virar

City Municipal Corporation or any other public body
authority. The member agrees that he/she shall not
either through himself/herself or through servant’s
heirs or representatives agents object or let or create
any hindrance whatsoever for construction of new
building/s on the said property more particularly
described in the schedule hereunder written.

12. It is agreed between the parties hereto that the

Allotment of said new tenement to the Allottee, is in
consideration of the giving up all his/her rights, title
and interest is in lieu of in his/her surrendering the
occupation of the said old tenement in the building
which was standing on the said property.

13. The developer shall not create any third party rights,
until the construction is completed and all the present
members are provided with their possession in the new
building.

14. The Municipal rates and taxes and all other payments
will be paid by the Developers for and on behalf of the
said society until the receipt of the Completion
certificate of the said new building.

15. The Allottee doth hereby agrees and undertakes that,

before the completion of the redevelopment project the
said Allottee shall not hereinafter create any third party
interest or part with the possession of the said premises
or any part thereof and/or of this agreement and/or of
this said Flat in any manner without the prior consent
in writing of the Society and the Developers.

16. The Developers agrees that on the completion of the

 … 13 …

construction of the said new building and on obtaining

the Occupation Certificate from the Municipal
Corporation, the Developers shall notify the Allottee to
occupy his/her new flat within 30 days from the receipt
of the said notification copy of which shall be conveyed
to the Society.

17. The Allottee agrees to pay to the Society, first 12 months

maintenance in advance, which is Rs.30,000/- for
1BHK and Rs.40,000/- for 2BHK, at the time of
receiving quite, vacant and peaceful, possession of the
said Flat or at the time of offering quite, vacant and
peaceful, possession of the said flat and after that
society shall charge further maintenance and other
charges as decided and calculated in proportion to the
said to be allotted to him/her. The charges can be called
upon by the Society into part or in monthly installments
as may be agreed with the member. The Allottee(s) shall
be liable to pay their respective premises property Tax
(Ghar-Patti), or any other local taxes as applicable,
electricity bill of individual meters separately.

18. It is agreed between the parties that as per the terms of

the Development Agreement Dt.28/06/2023, the
developer shall in compliance and fulfillment of his
obligation to provide open car parking spaces to the
society which shall thereafter be allotted by the society
to its members as per their internal understanding.
That the developer shall be entitled to the balance car
parking spaces for the purpose of allotting to his
purchasers for the purpose of car parking only without
reference to the Allottee / occupants and / or the
society therein.

19. As per the terms and conditions and Subject to force

 … 14 …

majeure conditions of said Redevelopment Agreement

Dt.28/06/2023, The Developers shall complete the
construction of the new building/s as per approved
plans and amenities, specifications, followed by the DA,
obtain the Full Occupation Certificate (OC) from VVCMC
and make available to the existing members their new
flats and car park spaces within a period of 24 (Twenty
Four) months plus grace period of 06 (Six) months
(including holidays & monsoon period but subject to
clause force majeure of the said DA) from the date of
handing over the cheque to the Allottee for the purpose
of his/ her/ their temporary alternate accommodation
which is 05th December 2023.

20. The Developer has agreed to collect from the new

member and pay to the society an amount of Rs.600/-
which will be deposited in the Societies Bank Account
under head of transfers fees & entrance fees and in
addition of "Share Capital of the Society" to enable
the Society to admit the new member on the register of
the Society. The said amount shall be paid by the
Developer to the Society on or before making an
application for admitting the new member with the
Society.

21. The developer will construct the said new flats/or any
other premises in accordance with the building plans as
approved and sanctioned by the Vasai Virar City
Municipal Corporation. The developer without any
changes, variation modification etc. as to area and
location of the said New Flat to be given to the
member(s) may make any modifications, alteration and
variation in the said approved plans as may be
necessary provided always the RERA Carpet area and
 … 15 …

location of the said New Flat will remain unchanged

with the permission of the Society.

22. The Allottee(s)/ Occupant(s) himself/ herself/

themselves with intention to bind himself/ herself/
themselves and all persons into whomsoever hands the
said premises come and his / her / their successors-in-
title doth hereby covenant with Developers as follows:

i) To maintain the said premises at Allottee(s) /

Occupant(s) cost in good conditions from the date of
possession of the said premises being taken by him/
her/ them and shall not do or allow or suffer to be done
anything in and or to the staircase or any passage or
compound wall of the building or any part of the
building in which the said premises are situated which
may be against the rules, regulations, or bye-laws of the
concerned local or any other authority or change, alter
or make addition in and or to the buildings in which the
said premises are situated;

ii) Not to store in the said premises any goods which are of
hazardous, combustible or dangerous in nature or are
so heavy as to damage the construction or structure of
the building in which the said premises are situated or
storing of which goods is objected by the concerned
local or other authority and shall not carry or cause to
be carried heavy packages to upper floors which may
damage or are likely to damage the staircase, common
passage or lift or any other structure of the buildings in
which the said premises are situate including entrances
of the building and in case of any damage caused to the
building on account of negligence or default of the
Allottee(s)/ Occupant(s) in this behalf, the negligence or
default of the Allottee(s), Occupant (s) shall be liable to
 … 16 …

pay or make good the damage incurred or caused due to

the default of the Allottee(s) / Occupant(s) whatsoever

iii) To carry out at his/ her / their own cost, all internal
repairs to the said premises and maintain the said
premises in the same condition, state and order in
which they were delivered by the developers to the
Allottee(s) / Occupant(s) and in tenantable repair and
shall not do or allow or suffer to be done anything in the
said premises or to the building in which the said
premises are situate, or carry out the repairs and
changes in the said premises which may be forbidden
by the rules and regulations and bye-laws of the society
and concerned local authority or other public authority
which may endanger the premises above or below the
said premises. In the event of the Allottee / Occupant
committing any act in contravention of the above
provision the Allottee(s) / Occupant(s) shall be
responsible and liable for the consequences thereof to
the concerned local authority and / or public authority;

iv) Not to demolish or cause to be demolished the said

premises or any part thereof, nor at any time make or
cause to be made any addition or alteration of whatever
nature in or to the premises or any part thereof nor any
alteration in the elevation, and outside color scheme of
building in which the said premises are situated and
shall keep the premises, sewers, drains, pipes in the
said premises and appurtenances thereto in good
condition and Allottee(s)/Occupant(s) is accountable for
repair and conditions so as to support, shelter and
protect other parts of the building in which the premises
are situated and shall not chisel or in any other manner
damages columns, beams, walls, slabs or RCC pardis or
 … 17 …

other structural manners in the premises without prior

written permission of the Developers and / or society or
the limited company or the local authority as the case
may be,

v) Not to throw dirt, rubbish, rags, garbage or other refuse

or permit the same to be thrown from the said premises
in the compound or any portion of the said property and
the building in which the said premises are situate;

vi) To bear and pay increase in local taxes, water charges,

insurance and such other levies if any, which are
imposed by the concerned Local authority, and/ or
Government and / or other public Authorities on
account of change of user of the said premises by the
Allottee(s) Occupant(s) or otherwise;

23. The Allottee after entering into this Agreement shall

apply to the Society for his/her respective Nominations
as per the Bye-laws of the Society and the same
shall be taken on record of the Society and in any event
the Allottee ceases to exist or dies the Flats in the new
building shall be handed over to the Nominee/(s) of
party of the Original Allottee. The Society and the
Developers have agreed for the same. The society will
allot new and fresh share certificate to all the existing
as well as new members of the society.

24. The Allottee hereby declare, confirm and record that

he/she is in full knowledge of the each and every terms
and conditions of the said Re-Development Agreement
dated 28.06.2023 and this agreement and same is
binding on him/her in the event of any inconsistency
or dispute. The clauses in the agreement for
 … 18 …

development shall prevail over this Alternate

Accommodation Agreement.

25. The Allottee hereby agree to execute all such papers and
documents and sign all plans, forms, applications etc.
from time as may be necessary for the purpose of
entitling the Developers to avail of the benefit of basic
FSI/ ancillary FSI/ Premium FSI/ Incentive FSI/
TDR/FSI and/or any other scheme as approved by
government authority or competent authority in terms
of this agreement and as per the terms and conditions
of the said Redevelopment Agreement Dt. 28/06/2023
AND as per the said Commencement Certificate
Dt.30/10/2023, the said Agreement and in accordance
with the provisions of the Unified Development Control
And Promotion Regulations (UDCPR) for Maharashtra
State / Vasai Virar City Municipal Corporation
(VVCMC) and in terms of the Development rights
Certificates being obtained by Developers.

26. The said Allottee hereby agrees and undertakes to the

Developers that on disbursement and the physical
transfer of the Permanent Alternative Accommodation
as described in the preceding paragraphs, he/she shall
have no more claim against the later and that he/she
shall acquit, discharge and release the Developers from
all the liabilities and obligations arising under the Said
Re-Development Agreement dated 28.06.2023 and
hereunder.

27. This agreement shall be in line with said Re-

Development Agreement dated 28.06.2023, In case of
difference and/or ambiguity and/or absence of any
terms and conditions in this agreement, terms and
condition recorded in the Re-Development agreement
 … 19 …

dated 28/06/2023 shall always prevail.

28. The Developer, the said Allottee and the Confirming

society hereby declare and reiterate that full stamp duty
as prescribed under the Maharashtra Stamp Act, has
been paid on the said Re-Development Agreement dated
28.06.2023 by treating the same as Principal Agreement
for the purpose of payment of the Stamp Duty and the
instant agreement being subsidiary instrument involved
in the integrated transactions of the aforesaid Re-
Development Project shall be liable only to the nominal
duty.

29. The Re-Development Agreement dated 28.06.2023 and

shall be treated as the principal agreement and it will
prevail over this agreement in consistency and
disputes.

30. This agreement shall be a supplementary Agreement of

the Re-Development Agreement executed by the Party of
the First Part on 28.06.2023, registered at the office of
Vasai-4, at serial no. Vasai-4-10856-2023, dated
28.06.2023.

31. Any dispute between parties shall be settle amicably.

The rights and obligations of the parties under or
arising out of this agreement shall be construed and
enforced and the PALGHAR courts will have the
jurisdiction for this agreement.
 … 20 …

THE FIRST SCHEDULE “ A ” OF THE

PROPERTY ABOVE REFERRED TO:

ALL THAT PIECES AND PARCELS Non-Agricultural Land

bearing Survey No.11, Hissa No.3/2, area admeasuring 2070
sq. meters, lying, being and situated at Village Gokhivare,
witlhin the local limits of Vasai-Virar Municipal Corporation,
Taluka Vasai, Dist. Palghar, within the local limits of Vasai
Virar Municipal Corporation, Taluka : Vasai, District : Palghar
in the Registration District Palghar Registration, Sub-District
Vasai.

THE SCHEDULE “ B ” OF THE FLAT AGREED TO BE

ALLOTTED TO THE EXISTING MEMBER

ALL THAT Flat No.106, of “A” Wing, on the 1ST floor, having
411 Square feet RERA-Carpet area which is equivalent to
the 39.48 Sq. Mtrs. RERA-Carpet area, in the building
known as “SKY BLUE RESIDENCY” Redevelopment Project
of the Neel Gagan Co-Operative Housing Society Limited,
constructed on Non-Agricultural land bearing Survey No.11,
Hissa No.3/2, area admeasuring 2070 sq. meters, lying, being
and situated at Village Gokhivare, witlhin the local limits of
Vasai-Virar Municipal Corporation, Taluka Vasai, Dist.
Palghar.
IN WITNESS WHEREOF THE PARTIES HERETO HAVE
HEREUNTO SET AND SUBSCRIBED THEIR RESPECTIVE
HANDS AND SEALS THE DAY AND YEAR FIRST
HEREINABOVE WRITTEN.

SIGNED AND DELIVERED ]

By the withinnamed “THE DEVELOPER” ]
Being party of the One Part ]

M/S. SHANTEE HOMES ]

Through its’ Proprietor ]
Mr. Raaz Mohammed Abdulsamad Pathan ]
 … 21 …

SIGNED AND DELIVERED ]

By the withinnamed “THE SOCIETY” ]
Being party of the Confirming Party ]
And Second Part ]
NEEL GAGAN CO-OP HSG. SOC. LTD. ]

Through its Chairman ]

Mr. Kesavan Unny Nair, ]

Through its Secretary ]

Mr. Ismail Sayyed ]

Through its Treasurer ]

Mr. C. K. Vasudevan, ]

SIGNED AND DELIVERED ]

By the withinnamed: “THE ALLOTTEE” ]

MR. NARESH KASHINATH KARADKAR ]

Being the party of the Third Part ]
In the presence of WITNESSES………… ]

1. ]

2. ]