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RENTAL AGREEMENT

This RENTAL AGREEMENT is made and executed on this 01st day of March,
2024 by and between:

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D.LAKSHMIDEVI AND D.RAMA MURTHY (HUF), Represented by D.RAMA
MURTHY, Residing at No 105, Chennamanakere, Banashankari 2nd Stage,
Bangalore 560070 Hereinafter called the "OWNER" of the ONE PART.

AND

SRI VENKATA RAMANA ENGINEERS AND INFRASTRUCTURES


PRIVATE LIMITED, Represented by D SHIVAPRAKASH REDDY, Director
(07669747), Flat No. 103, Plot No.17&8-3-976/17/17A Shalivahana Nagar,
Sri Nagar colony Hyderabad TG 500073, Hereinafter called the "TENANT" of
the SECOND PART

The terms and used herein shall mean and include their respective heirs,
executors, assigns etc., Wherever the context so demands or occurs.

Whereas the "OWNER" is the sole and absolute owner of the property
situated at No 105, Chennamanakere, Banashankari 2nd Stage, Bangalore
560070. which is more fully described in the schedule here under and the
Tenant desire to take on Rent the said premises for Commercial purposes
has approached and requested the owner to let-out the said premises on a
monthly rental basis under the following terms and conditions.

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

RENT: The Tenant shall pay a rent of Rs. 10000/- (Rupees Ten Thousand
only) to the Owner on or before 7th day of every English calendar month.

ELECTRICITY, WATER AND MAINTENANCE CHARGES: The Electricity


charges will be payable by the Tenant to the concerned authorities without
resulting into arrears. The Tenant not liable to pay water and maintenance
charges as per the mutual understanding.

DEPOSIT: The Tenant has deposited a sum of Rs. 100000/- (Rupees One
Lakh Only) with the Owner and hereby acknowledges receipts of the same
and the said security deposit amount shall not carry any interest and shall
be repayable by the Owner to the Tenant at the time of vacation of the
premises after deducting the dues if any caused by tenant such as rental
arrears, building damages, loss of fittings etc., if any.

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DURATION: That the tenancy period shall be for 11 Months with effective
from 1st March, 2024 to 31st January, 2025 after 11 months this agreement
shall be extendable on mutual understanding by both the parties with the
enhancement of 10% on rent.

SUBLETTING: The Tenant shall use the schedule premises for the purposes
to which it is given and shall neither use for any other purpose nor sublet or
under lease or sublease the premises to a third party without the written
consent of the owner.

USAGE OF THE PREMISES: The tenant shall keep the premises clean and
tidy and on Tenantable conditions and shall not store any explosive or
dangerous materials in the premises.

In case Tenant fails to pay the monthly rent consecutively for Three Months
the owner shall empowered to evict the tenant from the scheduled premises
for the same without giving any notice or other formalities thereupon.

TERMINATION OF THE AGREEMENT: In case either of the parties intends


to terminate this agreement before expiry of the agreement he can do so by
issuing Three Month prior notice in writing to the opposite party. At the
time of vacating the premises the owner has to repay the advance
amount on the very same day without fail.

LIABLE FOR DAMAGES: The tenant shall not cause any damages on the
above said property. The tenant should deliver back the premises in good
condition as it is let out. Any damages caused shall be repaired at the cost of
the tenant at the time of vacating the premises.

PAINTING CHARGES: At the time of vacating the premises the tenant


should paint the scheduled premises or should pay one month rent as
painting charges to the Owner.

INSPECTION OF PREMISES: The tenant shall permit the Owner or his


representatives/agents to enter into the premises for inspection at all
reasonable hours with prior permission from the Owner.

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SCHEDULED PROPERTY

All the piece and parcel of the premises constructed at No 105,


Chennamanakere, Banashankari 2nd Stage, Bangalore 560070

IN WITNESS WHEREOF the Owner and the Tenant have signed this
Agreement, on the day, month and year first herein above written.

WITNESSES:

1.
(D.LAKSHMIDEVI AND D.RAMA MURTHY (HUF)),
Represented by D.RAMA MURTHY
OWNER

2.
(SRI VENKATA RAMANA ENGINEERS AND
INFRASTRUCTURES PRIVATE LIMITED),
Represented by D SHIVAPRAKASH REDDY,
Director (07669747)
TENANT

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