Agreement For Sale

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AGREEMENT FOR

SALE

This AGREEMENT TO Sale is executed at


Golconda,Hyderabad on This 4th day of April 2022 by and
between;
Shri.MATTAYU NARAYANA ASHOKAN S/o LATE MATTAYU
NARAYANA R/o . Flat No. S-3, Chenna Keshava Heights, west End
Colony, Near Vivekananda Vidhya Vihar School, Gandhamguda,
Rajendranagar, Ranga Reddy Telangana and His Aadhar No.7643 6174
9730 hereinafter called "THE FIRST PARTY".

IN FAVOUR OF

Shri. PASUNURI RAMESH S/o P. YADAGIRI R/o 9-1-


34/14/38, Bapu Nagar, Langar House, Golconda, Hyderabad and
His Aadhar No. 8030 1851 1596 hereinafter called "THE
SECOND PARTY".

The expression of the terms the 'FIRST PARTY' and the


'SECOND PARTY' wherever they occur in the body of this
Agreement to Sell, shall mean and include them, their legal
heirs, successors, legal representatives, administrators,
executors, transferee(s), beneficiary(ies),
legatee(s),probatee(s), nominees and assignee(s).

AND WHEREAS the FIRST PARTY for his Bonafede needs and
requirements have agreed to sell, convey, transfer and assign
to the SECOND PARTY and the SECOND PARTY has agreed to
purchase the along with proportionate, undivided,
indivisible 20 Sq. Yards out of total land of 500 Sq. Yards and
impartible ownership rights in the said freehold
bearing Of FLAT No. S-3, on SECOND FLOOR ON PLOT NO.31 & 32,
admeasuring 840 Sft., in the building complex known as CHENNA
KESHAVA HEIGHTS APARTMENTS situated at GANDHAM GUDA VILLAGE,
RAJENDRA NAGAR MANDAL, RANGA REDDY DISTRICT TELANGANA-500 008
with all rights, title and
interest, easements, privileges and appurtenances thereto,
with all fittings fixtures, electricity and water
connections, structure standing thereon, with all
rights in common driveway, entrances, passages, staircase
and other common facilities and amenities provided therein,
hereinafter referred to as "THE SAID PORTION OF THE
SAID PROPERTY" for a total sale
consideration of Rs. (Rupees
).

NOW THIS AGREEMENT TO SELL WITNESSETH AS UNDER :-

That in consideration of the sum of Rs.


/- (Rupees ),
out of which a sum of Rs. /- (Rupees
), as advance money has been
received by the FIRST PARTY from the SECOND PARTY, in the
following manner;
The Advance Amount of Rs. Paid Through a Cheque of Bearing
No.”083481” from the account No. 5258558556 CITY BANK N.A., IFSC
CODE: CITI0000006, the bank is incorporated with limited
liability in the U.S.A., payable at par at all Citi bank branches
in India

the receipt of which the FIRST PARTY hereby admits and


acknowledges and the remaining balance sum of Rs.
/- (Rupees ),
will be received by the FIRST PARTY from the SECOND PARTY,
at the time of registration of the Sale Deed, the FIRST
PARTY doth hereby agree to grant, convey, sell, transfer and
assign all his rights, titles and interests in the said portion
of the said property, fully described above, together
with proportionate undivided, indivisible and impartible
ownership rights in the freehold flat underneath the said
building to the SECOND PARTY, on the terms and conditions
herein contained provided that nothing herein stated shall
confer or deemed to have conferred upon the SECOND PARTY
exclusively any right or title to the common driveway,
passages, staircase, overhead water tanks, sewers, water
meters and other common facilities to the exclusion of the FIRST
PARTY and or the SECOND PARTY or owners or occupants of
the other units of the said building.

That the actual physical vacant possession of the


said portion of the said property will be delivered by the
FIRST PARTY to the SECOND PARTY, at the time of the
registration of the Sale Deed, after receiving the full
consideration.

That on or before , the FIRST PARTY


will execute and get the Sale Deed of the said portion of the
said property registered, in favor of the SECOND PARTY or his
nominee/s, on receipt of the full and final balance amount,
failing which either party shall be entitled to get the Sale
Deed registered through the court of law by SPECIFIC
PERFORMANCE OF THE CONTRACT, at the cost and expenses of
the defaulting party.
That the FIRST PARTY hereby assures the SECOND
PARTY that the FIRST PARTY has neither done nor been party to
any act whereby the FIRST PARTY's rights and title to the said
portion of the said property may in any way be impaired
or whereby the FIRST PARTY may be prevented from transferring
the said portion of the said property.

That the FIRST PARTY hereby declares and


represents that the said portion of the said property is not
subject matter of any HUF and that no part of the said
portion of the said property is owned by any minor.

That the FIRST PARTY assures the SECOND PARTY that the
said portion of the said property is free from all kinds of
encumbrances such as prior Sale, Gift, Mortgage, Will, Trust,
Exchange, Lease, legal flaw, claims, prior Agreement to Sell,
Loan, Surety, Security, lien, court injunction, litigation,
stay order, notices, charges, family or religious
dispute, acquisition, attachment in the decree of any court,
hypothecation, Income Tax or Wealth Tax attachment or
any other registered or unregistered encumbrances
whatsoever, and if it is ever proved otherwise, or if the whole
or any part of the said portion of the said property is ever
taken away or goes out from the possession of the SECOND PARTY
on account of any legal defect in the ownership and title of
the FIRST PARTY then the FIRST PARTY will be liable and
responsible to make good the loss suffered by the SECOND
PARTY and keep the SECOND PARTY saved, harmless and
indemnified against all such losses and damages suffered by the
SECOND PARTY.

That the house tax, water and electricity charges and


other dues and demands if any payable in respect of the said
portion of the said property shall be paid by the FIRST
PARTY up to the date of handing over the possession and there
after the SECOND PARTY will be responsible for the payment of
the same.

That the proportionate common maintenance charges


will be paid by all the occupants/owners of the said
building in proportion of the area occupied by them.
That the SECOND PARTY shall have full right of
access through staircase to the top terrace at all
reasonable times to get the overhead tank repaired/cleaned
etc. and to install T.V. Antenna.

That the SECOND PARTY shall have, as a matter of


right, right to use all entrances, passages, staircases and
other common facilities as are available in the said
building.

That a separate electric meter and water meter


have been provided in the said building for the exclusive use
of the owner(s)/occupants of the said portion of the said
property.

That in the event of the building being damaged or not


remaining in existence on any account whatsoever then the
SECOND PARTY shall have the proportionate rights in the land
along with other owners of the building and shall have the right
to raise construction in proportion to the one as now being
sold conveyed and being transferred under this Agreement to
Sell.

That the SECOND PARTY have full right to nominate or


assign this Agreement to Sell in favor of any person or
persons, be it a firm, body corporate or association of
person and the FIRST PARTY shall have no objection to it.

That pending completion of the sale, the FIRST


PARTY neither shall enter into any agreement of sale in
respect of the said property or any part thereof nor shall
create any charges, mortgage, lien or any arrangement, in
respect of the said property in any manner whatsoever.

That the photostat copies of all relevant


documents in respect of the said property have been
delivered by the FIRST PARTY to the SECOND PARTY.

That all the expenses of the Sale Deed viz. Stamp


Duty, Registration charges, etc. shall be borne and paid by the
SECOND PARTY.

That the transaction has taken place at Golconda, Ranga


Reddy as Ranga Reddy Courts shall have Exclusive
jurisdiction to entertain any dispute arising out
of or in any way touching or concerning this Deed

IN
WITNESS
WHEREOF, the FIRST PARTY and the SECOND
PARTY have signed this AGREEMENT TO SELL at Golconda,
Hyderabad, on the date first mentioned above in the
presence of the following witnesses.

WITNESSES :-

1.
FIRST PARTY.

2.

SECOND PARTY.

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