RENT AGREEMENT

THIS RENT AGREEMENT (“AGREEMENT”) MADE AT GURGAON ON THIS 01st

DAY OF FEBRUARY 2024 BETWEEN Mr. Sushil Kumar Agarwal S/O Sh. Radhey Lal
Agarwal AADHAAR NO - 800744580276 & PAN NO - ABEPA8967D R/O L-369,
Alwar Bypass Road, Ashiana Angan, Bhiwadi, Alwar, Tijara, Rajasthan - 301019
hereinafter called the “LESSOR” (which expression shall unless repugnant to the context or
meaning thereof be deemed to include his administrators, Successors in interest and assigns)
of the one part.
AND

Mr. Prateek Goyal S/O Sh. Ghanshyam Dass Goyal AADHAAR NO - 502341557678 &
PAN NO- AMTPG5278K R/O A-704, ARG Royal Ensign, Old Station Road, Alwar,
Rajasthan - 301001 hereinafter called the “LESSEE” (which expression shall unless
repugnant to the context of meaning there of be deemed to include his administrators,
Successors in interest and assigns) of the Other Part.

WHEREAS the LESSOR is the owner of 3 BHK, Apartment No. 301, 3rd Floor, B-32, South
City, Gurugram, Haryana, 122102 (hereinafter referred to as the “Demised Premises”) and
furniture and fixtures attached to it.
AND WHEREAS on being approached by the LESSEE, the LESSOR has agreed to give on
rent the Demised Premises and furniture and fixtures (mentioned in Annexure A) for a period
of 11 Months commencing from 01st February 2024 (“Rent Commencement Date”) to
01st January 2025 on the following terms and conditions: -

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. That the Lease has been granted for a period of 11 Months (“Term”) commencing
from 01st February 2024 to 01st January 2025. The Lessee shall pay to the Lessor a
monthly rent of Rs.2,50,000/- (Two Lakh Fifty Thousand Rupees only) exclusive of
society maintenance charges in advance every month.

2. That the Lessee will pay the Society Maintenance, electricity as per Sub-Meter, water
charges, gas charges to the society Maintenance Office whenever the charges will
commence from Rent Commencement Date. Any maintenance charges paid by Lessor
in advance shall be reimbursed by the Lessee to the Lessor along with the monthly
rental.

3. That the Lessee has paid interest free security deposit of 5,00,000/- (Five Lacs rupees
Only) vide RTGS no. ____________________________. This security deposit shall
remain with the Lessor and shall become refundable within 7 days of expiry or
termination of this Agreement and vacation of the Demised Premises on handing over
the peaceful and vacant possession of the Demised Premise to the Lessor and after
adjustment/payment of all dues/bills etc. Such adjustments in security deposit shall be
mutually decided between Lessor and Lessee.

4. The LESSOR represents that it has valid and absolute title and right of possession of
Demised Premises for the duration of the Term and undertakes to maintain the same
for the duration of the Term and any renewals thereof. LESSOR has the requisite
rights, powers and titles to grant and convey to the LESSEE the covenants,
commitments and undertakings set forth in this Agreement.

5. That the LESSEE shall use the Demised Premises for the exclusive purpose of
residential and shall not-sublet or transfer in whole or any part of Demised Premises
to any third party. It shall be the exclusive responsibility of the Lessee to restore
possession of Demised Premises to the Lessor on expiry/termination of this
Agreement.

6. That if the Lessee at any stage during the Term is found to be not using the Demised
Premises for exclusive purpose of residential the Lessor has right to get the Demised
Premises vacated from the Lessee on immediate basis.

7. That the LESSEE will carry out the day-to-day repairs such as fuses, leakage of taps,
replacement of bulbs, tube lights etc. and major repairs shall be responsibility of the
Lessor, unless they are caused by the negligence or acts etc of the Lessee.

8. That the LESSEE shall not carry out any structural additions and alteration to the
building without the written consent of the LESSOR. But non-structural addition is
possible under law but with prior consent of the Lessor.
9. That the Lessee undertakes to vacate the Demised Premises at the expiry/termination
of this Agreement and also undertakes to handover the vacant and peaceful possession
of the same.

10. That in case of default of payment of rent for two consecutive month and in case of
structural damage to Demised Premises, the LESSOR can adjust the security deposit
and ask the LESSEE to vacate the Demised Premise forthwith.

11. That the LESSEE has satisfied itself with all fixture and fittings that all the water,
sanitary and electrical installations are in good working order and also no mirrors and
glass panes etc. are broken or missing. Hereafter, the LESSEE shall be responsible to
maintain and restore them in the same condition, normal wear and tear accepted.

12. That the LESSEE shall permit the LESSOR or his/her duly authorized agents, etc.
upon reasonable prior notice to enter upon the Demised Premises for the purpose of
inspection and/or carry out any structural or major repairs as and when necessary, at a
mutually agreed time. It is understood that such repairs shall be carried out in a
manner so as to cause inconvenience and disturbance to the LESSEE.

13. That the LESSEE shall comply with all the rules, conditions, regulations, laws and
bye-laws of the concerned authority, local authorities, municipal authorities or any
statutory development authority or a Government department or agency with relation
to the Demised Premises.

14. That both the parties shall observe and adhere to the terms & condition contained
hereinabove.

15. In case of any dispute or difference arising out of the interpretation of these presents
the same shall be referred to the civil court at Gurgaon.

16. Each party can terminate this Agreement by giving One Month advance written
notice to other party after THREE MONTHS Lock-in Period from the Rent
Commencement Date.

17. The LESSEE after giving a notice period of one month, shall be entitled to terminate
this Agreement with immediate effect, even during the Lock- in Period, if the
LESSOR is in breach of any of its term, representation, warranty or obligation
(including in Clause 4) of the Agreement which may prevent the LESSEE from
occupying or using the peaceful possession of the Demised Premises and the
LESSOR fails to remedy such breach within Twenty (20) days of receiving written
notice from the LESSEE.

18. The Lessor has right to terminate the Agreement before the expiry of its Term in case
of any violation of the terms hereinabove and Lessee fails to remedy such breach
within 20 days of such breach, by serving the notice of One month.

19. Each party (herein “Indemnifying Party”) shall indemnify and keep indemnified the
other party (herein “Indemnified Party”) of, from and against all actions, suits and
proceedings and all costs, charges, expenses, losses or damages which may be
incurred or suffered by or caused to the Indemnified Party by reason of any (i) breach,
 default, contravention, non-observance or non-performance by the Indemnifying Party
of any of its representation, warranty or obligations or any other relevant provisions of
this Agreement or (ii) breach of any applicable law by Indemnifying Party.

20. Any notices or other communications required or permitted hereunder shall be

deemed to have been duly given (a) within 24 business hours if delivered in person or
by electronic mail, WhatsApp or other similar electronic transmission means,
messengers; or (b) within 72 business hours if sent by registered or certified mail,
return receipt requested, and addressed as follows:

To Lessor-

Name: Mr. Sushil Kumar Agarwal

Address: L-369, Alwar Bypass Road, Ashiana Angan, Bhiwadi, Alwar, Tijara, Rajasthan -
301019

To Lessee-

Name: Mr. Prateek Goyal

Address: A-704, ARG Royal Ensign, Old Station Road, Alwar, Rajasthan - 301001

21. The terms of this Agreement shall not be altered or added to and nor shall anything be
omitted therefrom except by means of a document in writing duly signed by Lessor
and Lessee.

22. In the event if the Demised Premises or any part thereof be destroyed or damaged by
fire, earthquake, tempest, flood, lightning, Act of God, violence or any army or mob
or enemies of the country or by any other irresistible force (“Force Majeure”) so as to
render the Demised Premises unfit for the purpose of occupation of the LESSEE,
LESSEE shall not pay the rent for such Force Majeure tenure.

23. That after the expiry of every 11 Months from the Rent Commencement Date, there
shall be 10% increase in rent accordingly.

IN WITNESS WHEREOF THE PARTIES HERETO HAVE HEREIN TO SET AND

ABSORBED THEIR RESPECTIVE HANDS ON THIS DEED ON THE DATE THE
MONTH AND THE YEAR ABOVE WRITTEN IN PRESENCE OF WITNESSES:

Witnesses
1. Lessor

2. Lessee
 Annexure A
Furniture and Fixtures

Guest Bedroom 1
Sliding cupboard- 1nos
Fancy light -2 nos
Ceiling fan -1 nos
T 5 tubelight -1 nos
Washroom light -1 nos
Glass partition -1 nos

Kids Bedroom 2
Sliding cupboard- 1nos
Fancy light -2 nos
Ceiling fan -1 nos
T 5 tubelight -1 nos
Washroom light -1 nos
Glass partition -1 nos
Vanity -1 nos
Curtain rod -3 nos
Ac- 1 nos

Master Bedroom
Wooden Handle type cupboard- 1nos
Fancy light -2 nos
Ceiling fan -1 nos
T 5 tubelight -1 nos
Washroom light -1 nos
Glass partition -1 nos
Ac- 1 nos

Living Area
Chandelier -1 nos
Ceiling fans -2 nos
Fancy lights -2 nos
Tubelight -1 nos
Surface light -1 nos
Centralised AC

Kitchen
Chimney- 1 nos
Hobb- 1 nos
Fan- 1 nos

Servant Room
T 5 tubelight -2 nos
Washroom Light -1 nos