wrt sree aera ref ere ca on ara caetere wees lew re wr 7025147008608 wer te: 202900742015995, Sere andar oe rege ew feats. 2023-03-14 00:00:00 sequester sre cere ewe ver RRama0 at iter 2204577000 1 721437700000 1 eer gon za1ase70 ART 400 Power g eee afer rc Fr ge ter fee Theat tReet 22uosT0 peas nite 2023-09-14 00:00:00 fot ie ofA rT OLA ITH RA HRY AT BM 7973.09-14 00:00:00 sage afte geneINDIA NON JUDICIAL row -eStamp: . 2 IN-UP52913987588120V ettfcate Issued Date 2 06-Mar-2029 09:05 PM | Acgount Reference : NEWIMPAGC (SVV/ up14003604/ NOIDA’ UP-GBN, 2 SUBIN-UPUP 1400360499607482646003V 2 GODREJ PROPERTIES LIMITED 2 Article 35 Lease PLOT NO.GH-018,SECTOR-146,NOIDA Consideration Price (Rs) First Party Nerd mmf ‘Second Party 2) GODREJ PROPERTIES LIMITED ‘Stamp Duty Paid By 2 GODREJ PROPERTIES LIMITED ‘Stamp Duty Amount(Rs.) 1 11,07,19,000 (Eleven Crore Seven Lakh Ninteen Thousand only) = PARA Wt 6 FY below hin = = i i i ; 4 i T g= ‘Signatory JID 0020171736 statutory Alor: ida mason te catete 5 aca ot any ascwpaey place en Compaen Aor) sTWobs pp rondo mea cyLEASE DEED This Lease Deed made on 14" day of March, 2023 (Two Thousand and Twenty Three) between the New Okhla Industrial Development Authority, a body Corporate constituted under Section 3 read with 2 (d) of the Uttar Pradesh Industrial Area Development Act, 1976 ( U.P. Act No. 6 of 1976 hereinafter called the Lessor which expression shall unless the context does not so admit, include its successors, assigns) of the one part and M/s Godréj Properties Ltd, Company, within the meaning of Companies Act, 1956 having its registered office at U.M. House, 2" Floor, Tower A, Plot No. 35, Sector 44, Gurgaon 122003 through Authorized signatory Sh. Rajat Pathak S/o Sh Pradeep Kumar Pathak R/o H.NO- 412, Sector-06 Chiranjeev Vihar, Ghaziabad, duly authorized by the board of Directors vide Resolution dated 02" February 2023 (hereinafter called the Lessee which expression shali unless the context does not so admit, include Society representatives, administrators and permitted assigns of the other part) WHEREAS the plot hereinafter described forms part of the land acquired under the Land Acquisition Act 1894 and development by the Lessor for the purpose of setting up an urban and industrial township. AND WHEREAS the Lessor has agreed to demise and the Lessee has agreed to take on lease the Plot No. GH-01B, SECTOR-146. on the terms and conditions hereinafter appearing for the purpose of constructing Residential Flats according to the setbacks and building plan approved by the lessor. AND WHEREAS the Lessor has through an E-Bid tender System awarded to M/s Godrej Properties Ltd lessee the Plot No. GH-01B, Sector-146, Noida after fulfilling the terms and conditions prescribed in the brochure of group housing scheme see BAe GODRE] PRO! V2 aes 1 > ihe rized Signatorysid 221T939099 (aadoa ‘oi I@ besorsiyAcode No ~ GH-2022-23 (Group Housing-1) and its corrigendum, vide Reservation/ Allotment Letter No. NOIDA/GH/2022/15414, Dated16" November, 2022 & for the development and marketing of Group Housing Pockets/ Flats on the detailed terms and conditions set out in the said allotment letter and brochure of the said ‘Scheme AND WHEREAS the Lessor and Lessee have agreed in so far as the present sub lease deed is concer the terms of the brochure shall contain a binding effect for any present or future interpretation. (i) NOW THIS LEASE DEED WITNESSETH AS FOLLOWS: - 4. CONSIDERATION The premium of 1,88,45,75,380/- (Rupees One Hundred Eighty Eight Crore Forty Five Lakh Seventy Five Thousand Three Hundred and Eighty Only) out of which 100% i.e. Rs1,88,45,75,380/- has been paid in full by lessee to the lessor of the plot will be paid within 90 days from the date of issuance of allotment letter. All FUTURE payment should be made through a Demand Draft) Pay OrderIRTGS/NEFT drawn in favour of ‘NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY” and payable at any scheduled bank located in New Delhi/Noida. The Lessee should clearly indicate his name and details of plots applied for! allotted on the reverse of the demand draft/pay order. All payments should be remitted by due date. In case the due date is a bank holiday then the lessee should ensure remittance on the previous working day The payment made by the lessee will first be adjusted towards the interest due, if any, and thereafter the balance will be adjusted towards the due lease rent Ae mune ee payable. ‘Authorized Signatory3/1423, 431 PM ye RR 52 ‘TEA Ho: 2023074301539 wedaso wa afte aia fedarae 1 free. 221437000 TH IRV. 110719000 aTaTE) EX - 2214377000 Helter gees - 29143870 Hae Yew 100 TT: 22143970 whe le Stabteatda ties ae } ar Ura aiRipa warn HAAR, ee walndu gatos \ ree: rar 112 80 Feta Rae mare A debtatasinga RRs TT 2 ane Bag Serva rete Rar 14092003 ons02s Pua Prive fe reer aa Preteen wer fete aarag Te “ ‘Pree fatter 140372023“In case of allotment of additional land, the payment of the premium of the additional land shall be made in lump sum within 30 days from the date of communication of the said additional land” “In case of allotment of additional land, the payment of the premium of the additional land shall be made in lump sum within 30 days from the date of communication of the said additional land as per prevailing policy of NOIDA on the rate as applicable on the date of allotment of additional land or Bid Price, whichever is higher. The rate calculated by NOIDA will be final and binding on the Allottee.” And also in consideration of the yearly lease rent hereby reserved and the covenants provisions and agreement herein contained and on the part of the Lessee to be respectively paid observed and performed, the Lessor both hereby demise on lease to the lessee that plot of land numbered as Group Housing Plot No, GH-01 B, Sector-146 in the New Okhla Industrial Development Authority, Distt. Gautam Buddh Nagar (U.P.) contained by measurement 25001 Sq. mtrs. Be the same a little more or less and bounded: On the North by As per Site On the South by As per Site Onthe Eastby : As per Site Onthe Westby: As per Site And the said plot is more clearly delineated and shown in the attached plan and therein marked red. GODREJ PROPERTIES LTD. ee ‘Authorized Signatory31423, 4:32PM pp fete se so -arrdert Bo: 202300743015395 ae Fe:1 ‘RRA He: 1473 ae 2023 rare ea are TA wT OT HT CTT e MNT Oger are: 1 Altes Rrewra meer dae, Haier Part: = yi werner Ho Ated heated Riese area TET, FA sd pe TEs rare 112 Go 6 rea fre fe RTE or A frangs Stor fora | ferret wear uearrrat: 1 Fran: one-o7 Wadtve wat waa ere TET apart: Arete gar urgrs, ys sea TH URE ‘Prorat: ersea178 eft o. ont vost Seg 3 a ore ror \ 14/03/2023TO HOLD the said plot (hereinafter referred to as the demised premises with their appurtenances up to the lessee for the term of 90 (ninety) years commencing from 14" March, 2023 except and always reserving to the Lessor. a) A right to lay water mains, drains, sewers or electrical wires under or above the demised premises, if deemed necessary by the Lessor in developing the area. b) The Lessor reserves the right to all mine and minerals, metals, washing goods, earth oil, quarries, in over & under the allotted plot and full right and power at the time to do all acts and things which may be necessary or expedient for the purpose of searching for working and obtaining removing and enjoy the same without providing or leaving any vertical support for the surface of the residential piot or for any building for the time being standing thereon provided always that the lessor shall make reasonable compensation to the Lessee for all damages directly occasioned by the exercise of such rights. To decide the amount of reasonable compensation the decision of the Lessor will be final binding on the Lessee. (ii) AND THE LESSEE BOTH HEREBY DECLARE AND CONVENANTS WITH. THE LESSOR IN THE MANNER FOLLOWING: a) Yielding and paying therefore yearly in advance during the said term unto the lessor in the month March for each year the yearly lease rent indicated below:- (i) Lessee has paid Rs.1,88,45,753.80/- as lease rent being 1% of the plot premium for the first year of lease period. (ii) The lease rent shall be enhanced by 50% after every 10 years i.e. 1.5 times of the prevailing lease rent. [aa spite pare eres vest GODRE} Lp. thee ‘Authorized Signatory2 2317839089 Ado. wIREE Siiee bwin? beets TepeThe lease rent shall be payable in advance every year. First such payment shall fall due on the date of execution of lease deed and thereafter, every year, on or before the last date of previous financial year. (iv) _ Incase of failure to deposit the due Lease Rent by the due date, penal interest of 3% p.a. in addition to the prevailing interest rate of NOIDA, from time to time (current rate shall be 9%+ 3% p.a. as of 1st of January 2023 = 12% p.a.) compounded every half yearly for the entire default period, on the defaulted amount shall be payable. This rate will change as per interest rate ‘revision as per MCLR and interest rates shall be applicable every year in Jan & July. (v)_ The lessee has the option to pay lease rent equivalent to 15 years @1% of the premium of the plot per year as “One Time Lease Rent’unless the Authority decides to withdraw this facility. On payment of One Time Lease Rent, no further annual lease rent would be required to be paid for the balance lease period. This option may be exercised at any time during the lease period, provided the lessee has paid the earlier lease rent due and lease rent already paid will not be considered in One Time Lease Rent option NORMS OF DEVELOPMENT The lessee shall be allowed to construct the flats subject to overall maximum permissible density as per the master plan. The maximum GODREJ eas we 4) ‘Authorized Signatorywhenpermissible ground cover and maximum permissible FAR is as follows: Maximum permissible Ground Coverage 35% For Plots Upto 40000 Sq. mtr. 40% For Plots above 40000 Sq. mtr. Maximum permissible FAR 35 For developing & Underdeveloped Sectors Set backs As per Building Bye-laws Maximum Height _ ” ~ | No Limit Density (net of the pocket) (PPHA) 1650 CONSTRUCTION The Lessee shall be required to, complete the construction on allotted plot as per approved layout plan and get the occupancy certificate issued from Building Cell: Department of the NOIDA in maximum 5 phases within a period of 7 years from the date of execution of lease deed. The lessee shall be required to complete the construction of minimum 15% of the total F.A.R. of the allotted plot as per approved tayout plan and get temporary occupancy! completion certificate of the first phase accordingly issued from the building cell of the NOIDA within a period of three years from the date of execution of lease deed. In case the lessee does not complete the 1st phase of the project within the specified period of 03 years, extension charges on the pro-rata land shall be applicable as per the prevailing policy, at the time of grant of such extension 2. In case the Lessee does not construct building within the time provided including extension granted, if any, for above, the ‘Authorized Signatory GODREJ PROPERTIES LTD wee Bae R era :are Hater:allotment/ lease deed as the case may be. shall be liable to be cancelled. Lessee shall lose all rights to the allotted land and buildings appurtenant thereto.” . All the peripheral/external development works as may be required to be carried out up to the allotted plot including construction of approach road, drains, culverts, electricity distribution/transmission lines, water supply, sewerage will be provided by the Lessor /Authority. However, all the expenses as may be required to connect these services with the internal system of services of plot shall be incurred by the Lessee. (i)Without prejudice to the Authority's right of cancellation, the extension of time for the completion of Project, can be extended for a maximum period of another thirteen years only with penalty as under: Time Extension Charges for 1"Phase of Construction on | Proportionate Area For 1" Year 0% ‘For2"YearOSOS™*~C~S~SCSststiC _Advoede Colony, Pratap Vikey Ghazidbad . 2. Mr Sunil Bhardwaj S/o Ne: Uby fom Breese) Ro HM. /28 2g No. 4, yor Getafe, Char iabess, bP For and on behalf of the LESSEE GODREJ PR ae fad Signatory