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SALE DEED

of
Flat No. C-104, on 1ST Floor, in the building known as “Gayatri Sankul” and
society known as “Gayatri Sankul Co-operative Housing Society Limited”,
being constructed on land bearing Plot No. 38, Sector – 20, Kharghar, Navi
Mumbai, Tal- Panvel, Dist-Raigad 410210, with area admeasuring about 55.99
sq.mtr carpet area and 5.57 Sq. Mtr Terrace Area alongwith Stilt Car Parking
Space no. 16 on the Ground Floor.

Sale Price: Rs.90,00,000/-


(Rupees Ninety Lakhs Only)

Carpet Area : 55.99 Sq. Mtrs.

Terrace Area : 5.57 Sq. Mtrs

Building Type : G+7


SALE DEED (FULL AND FINAL AGREEMENT)

THIS INDENTURE (SALE DEED) is made and entered into at Panvel


this 29th day of March, 2023.

BETWEEN

MR. M. JAYASANKAR S/O SANKARAN NAIR Age 52 years, adult, having


(Pan NO. ABEPN3753G) & (Aadhar No. 7453 9415 6875) as NON
RESIDENT INDIAN & MRS. RANI JAYASHANKAR alias RANI
JAYASANKAR Age 46 years, adult, having (PAN NO. AGIPJ1829N) &
(Aadhar No. 3240 8798 1683), Indian inhabitant, residing at Surabhi,
Valiyapadam, Puthur, Palakkad, Kerala-678005 hereinafter called and
referred to as the “TRANSFERORS/SELLERS” (which expression shall,
unless repugnant to the context or meaning thereof be deemed to include his
legal heirs, executors, assignees and administrators) of the ONE PART.

AND

MR. YOGESH SHREERAM GADGIL, Age 30 years, adult, having (Pan NO.
BBJPG9446F) & (Aadhar No. 7520 3803 0848) & MRS. SURABHI YOGESH
GADGIL, Age 28 years, adult, having (Pan NO. BZAPD1565P) & (Aadhar No.
6909 7903 1539) both are Indian inhabitants, residing at Room No.C-18, PLOT
NO-514, SAMARTH CHS LTD, CHARKOP, NR-APNA BAZAR, SECTOR-05,
KANDIVALI WEST, MUMBAI-400067 hereinafter called and referred to as the
“TRANSFEREES/PURCHASERS” (which expression shall, unless repugnant
to the context or meaning thereof be deemed to include their respective legal
heirs, executors, assignees and administrators) of the OTHER PART.

WHEREAS the City and Industrial Development Corporation of


Maharashtra Limited, a government company within the meaning of the
Companies Act, 1956 (hereinafter referred to as ‘the Corporation / CIDCO
Ltd.’) having its Registered Office at ‘Nirmal’, 2nd floor, Nariman Point, Mumbai
– 400021, is the New Town Development Authority, under the provision of
subsection (3A) of Section-113 of The Maharashtra Regional and Town
Planning Act, 1966 (Maharashtra Act No. XXXVIII of 1966) hereinafter referred
to as the said Act.

AND WHEREAS the State Government has acquired lands within the
designated area of Navi Mumbai and vested the same in the Corporation by
an order duly made on that behalf as per provision of Section 113 of the Act.

AND WHEREAS by an Agreement to Lease dated 8th day of September,


2003 made at CBD – Belapur Navi Mumbai, between the Corporation of the
ONE PART and 1. Mr. Vishnu Kamlya Bhagat; 2. Smt. Janabai Vishnu Bhagat;
3. Mr. Bhagwan Kamlya Bhagat; 4. Smt. Tarabai Bhagwan Bhagat; 5. Mr.
Ramu Kamlya Bhagat; and 6. Smt. Manjulabai Pamu Bhagat referred to as
“the Original Licensees” of the OTHER PART (hereinafter for the sake of
brevity referred to as “said Agreement”) the said Corporation agreed to grant
to the Original Licensees under 12.5% Gaothan Expansion Scheme (GES) a
Lease of all that piece or parcel of land being Plot No.38, in Sector No.20,
Kharghar, Navi Mumbai, admeasuring 2600.23 sq.mtrs for Residential cum
Commercial Purpose. The said Agreement duly stamped and registered in the
office of Uran (Panvel-2), having registration no. URAN-6969-2003 & Receipt
no.6968, dated 10/09/2003.

WHEREAS the said Original Licensees relinquished, released and transferred


all their rights, titles, benefits, interests, in favour of M/s SHREE SADGURU
DEVELOPERS (referred to as “the New Licensees”) under the Tripartite
Agreement executed on 9th day of September, 2004 between the
Corporation, the Original Licensees and the New Licensees for the said Plot
no. 38. The said Tripartite Agreement duly stamped and registered on
27/09/2004 at Sub-Registrar Uran (Panvel 2), having Registration No. URAN-
6881-2004 & Receipt No.6881 dated 27/09/2004. Whereas the Corporation
has issued a Transfer Order by their Letter No.
CIDCO/VASAHAT/ANA/SATYO/KHARGHAR-61/2004 dated 04/11/2004 in
favour of the New Licensees for the Plot No.38, in Sector No.20, Kharghar,
Navi Mumbai.

WHEREAS In pursuance of the said Tripartite Agreement dated 09/09/2004,


M/s SHREE SADGURU DEVELOPERS, the Developers are fully entitled to
develop the said plot and to construct the building thereon for Residential-cum-
Commercial purpose in accordance with the said Agreement.
WHEREAS The Plans, designs and specifications for construction of the
building on the said plot approved by the Corporation and other concerned
authorities in respect thereof.

WHEREAS the CIDCO Ltd. by its Commencement Certificate no.


CIDCO:EE(BP)/ATPO/375 dated 26/10/2004 granted its permission to
commence the construction work on the said plot subject to the terms and
conditions as contained therein.

WHEREAS The Building Being constructed on the said plot shall be known as
“GAYATRI SANKUL”.

WHEREAS The Developers alone had the sole and exclusive right to sell the
shop / flat in the said building to be constructed on the said plot and thereon to
enter into agreement with the purchaser’s of the said shop/flat etc and to
receive the sale price in respect thereof.

WHEREAS MR. M. JAYASANKAR S/O SANKARAN NAIR & MRS. RANI


JAYASHANKAR alias RANI JAYASANKAR had jointly purchased Flat No.
C-104, on 1ST Floor, in the building known as “Gayatri Sankul” and society
known as “Gayatri Sankul Co-operative Housing Society Limited”, being
constructed on land bearing Plot No. 38, Sector – 20, Kharghar, Navi
Mumbai, Tal- Panvel, Dist-Raigad 410210, with area admeasuring about
55.99 sq.mtr carpet area and 5.57 Sq. Mtr Terrace Area alongwith Stilt Car
Parking Space no. 16 on the Ground Floor (hereinafter referred as “THE
SAID FLAT”) from M/S SHREE SADGURU DEVELOPERS vide Agreement
For Sale dated 14th September, 2005, which was duly registered at sub
registrar office of Uran (Panvel-2), on dt: 15th September, 2005 vide
Document No. URAN/06849/2005 vide Receipt No. 665.

WHEREAS the said Developers constructed building thereon for residential


cum commercial purpose on the said Plot of land and thereafter CIDCO Ltd.
issued Occupancy Certificate bearing No. CIDCO/BP/ATPO/986 dated
11/07/2006.

WHEREAS By the Lease Deed dated 04/04/2007 entered between the


Corporation and M/s SHREE SADGURU DEVELOPERS duly registered with
Sub-Registrar of the Assurances, Panvel-3, under serial no. PVL3/3604/2007
the Corporation granted the lease of the said Plot together with building
standing thereon for a period of 60 years commencing from 08th day of
September, 2003 for the consideration and upon terms and conditions
contained therein.

WHEREAS pursuant to application made by purchasers of units in the


building constructed by the Developers on the said plot for the formation of
Co-operative Housing Society under Maharashtra Co-operative Societies
Act, 1960, the Joint Registrar, Co-operative Societies (CIDCO), Navi Mumbai
registered M/S. GAYATRI SANKUL CO-OPERATIVE HOUSING SOCIETY
LTD. under Registration no. N.B.O.M./CIDCO/HSG(O.H)/2457/JTR/2007-
2008 on 26th April, 2007 as Co-operative Housing Society under
Maharashtra Co-operative Societies Act, 1960.

WHEREAS Pursuant to Society registration, Conveyance Deed (Deed of


Assignment) was made and entered at Sub Registrar, Panvel-3 on 24th day
of May, 2007 between M/s SHREE SADGURU DEVELOPERS and M/S.
GAYATRI SANKUL CO-OPERATIVE HSG SOCIETY LTD., and was duly
registered under serial no. PVL3-05605-2007 dated 24/05/2007 under receipt
no 5650.

WHEREAS the Corporation has Issued a Final Transfer Order by their Letter
no. CIDCO/VASAHAT/SATYO/KHARGHAR 61/2007 dated 01/06/2007 in
favour of “GAYATRI SANKUL CHS LTD” (hereinafter referred to as “the
Society”), Plot no.38, Sector-20, Kharghar, Navi Mumbai as the New
Licensee for the Plot No.38, in Sector No.20, Kharghar, Navi Mumbai.

WHEREAS the Society issued Share Certificate No. 052 of 5 fully paid up
shares of Rs.50/- each having distinctive numbers from 0256 to 0260 in the
name of MR. M. JAYASANKAR S/O SANKARAN NAIR & MRS. RANI
JAYASHANKAR alias RANI JAYASANKAR dated 30/11/2007 in respect to
said FLAT and hence it was duly endorsed by them.

AND WHEREAS by an AGREEMENT FOR SALE dated 20/12/2022 made


and executed between Transferors and Purchasers herein in respect to said
Flat No. C-104, on 1ST Floor, in the building known as “Gayatri Sankul” and
society known as “Gayatri Sankul Co-operative Housing Society Limited”,
being constructed on land bearing Plot No. 38, Sector – 20, Kharghar, Navi
Mumbai, Tal- Panvel, Dist-Raigad 410210, with area admeasuring about
55.99 sq.mtr carpet area and 5.57 Sq. Mtr Terrace Area alongwith Stilt Car
Parking Space no. 16 on the Ground Floor sold and transfer her right, title
and interest of said Flat by an Agreement For Sale which was duly registered
at sub-registrar of Assurances at Panvel-4 under serial no. PVL4-15599-
2022, vide receipt no. 16657 dated 20/12/2022.

AND WHEREAS The parties i.e. Sellers & Purchasers hereto had due
deliberations and discussions, and as a consequence thereof, they have
arrived at an understanding that, The Transferors/Sellers has agreed to sell
transfer and convey her rights & title of said Flat to the
Transferees/Purchasers, relying on the representation and declarations
made by the Transferors/Sellers, the Transferees/Purchasers agreed to
purchase the said Flat by this Sale Deed.

AND WHEREAS by this Sale Deed, “The Transferors/Sellers” sold their right,
title and interest fully to Transferees/Purchasers.

AND WHEREAS “The Transferees/Purchasers” having paid the entire


sale consideration (Full and Final) but subject to realization of Bankers
Cheques detailed below, has requested “The Transferors/Sellers” to execute
the Sale deed in their favour and “The Transferors/Sellers” has duly agreed
thereto which is free from all encumbrances for the lump sum price or
consideration of Rs. 90,00,000/- (Rupees Ninety Lakhs Only) and on the
terms and condition hereinafter appearing.

MODE OF PAYMENT

Date Transaction Details Amount

31/10/2022 (Rupees One Lakh Only) paid Rs.1,00,000/-


vide Cheque bearing No. 320293
drawn on BANK OF INDIA
Kharghar Branch in favour of MRS.
RANI JAYASHANKAR alias RANI
JAYASANKAR
TDS @ of NRI Rs.10,29,600/- in Rs. 10,74,600/-
name of MR. M. JAYASANKAR

TDS @ of INDIAN NATIONALITY


Rs.45000/- in name of MRS. RANI
JAYASANKAR

13/03/2023 (Rupees Forty Three Lakhs Fifty Rs. 43,55,000/-


Five Thousand Only) by raising
loan from HDFC BANK FORT
MUMBAI BRANCH vide paid vide
Cheque bearing no.968367 drawn
on HDFC Bank, Fort Mumbai
Branch. In favour of MRS. RANI
JAYASANKAR

13/03/2023 (Rupees Thirty Four Lakhs Rs.34,70,400/-


Seventy Thousand Four
Hundred Only) paid vide Cheque
bearing no.968366 drawn on
HDFC Bank, Fort Mumbai Branch.
In favour of MR. M. JAYASANKAR

TOTAL Rs. 90,00,000/-

NOW THIS AGREEMENT TO SELL (FIRST AGREEMENT / PART


PAYMENT AGREEMENT) WITNESS AS FOLLOWS:

1. The recital mentioned above herein and terms and condition mentioned
below herein are to be treated as an integral part of this Agreement, and the
Transferors/Sellers hereby confirms all the above representations made to the
Transferees/Purchasers as true and correct.

2. The Transferors hereby represents and covenant with the Transferees as


follows: -

a. That the Transferors has duly paid and discharged in full all the
dues and liabilities in respect of the said flat including the Property
Tax , CIDCO Tax, Municipal outgoings, taxes, rates, Society
maintenance charges or any Dues , cable charges, electricity
charges etc. payable to the said society up to the date hereof and
the Transferors shall pay all the dues till the date the possession of
the said flat is given to the Transferees. That Transferors agrees
and undertakes that if any retrospective tax / Property tax,
Electricity Bills/Arrears, CIDCO taxes, Phone Bills, Society
Maintenance Charges or Dues , Cable Charges , regarding the
said flat is charged by any department regarding the said flat, the
Transferors will pay the same or reimburse the same to the
Transferees for the period till the Transferors was in occupation of
the said flat i.e. till the execution and registration of the final sale
deed.

b. That the Transferors is the sole and absolute owner of the said flat
and the said shares duly standing in the names of the Transferors
in the books and all other records of the said society and the
Transferors is absolutely entitled to the same and to all incidental
rights thereto and to exclusive rights to the use, enjoyment and
occupation of the said Flat and except the Transferors no other
person or persons have any right, title, interest, claim or demand
of any nature whatsoever unto or upon the said premises;

c. That neither the Transferors nor any one on his behalf has
committed or omitted to do any act, deed, matter or thing whereby
his holding of the said shares and incidental rights thereto including
the right to the peaceful use, occupation, ownership and enjoyment
of the said flat and other rights and benefits in respect thereof may
become or may be prejudicially affected or encumbered in any
manner or whereby the said shares and his other right, title and
interest therein may become liable to attachment and/or sale
whether by a decree or order of the Competent Court or otherwise;
d. That the Transferors has not created or purported to create any
tenancy, license, charge, lease, lien or any kind of third party rights
over the said flat and the said shares and no other person or party
have any right, title or interest, claim or demand in to or upon the
same either by way of mortgage, gift, trust, inheritance, lease or
otherwise and that the same are free from all encumbrances and
there is no pending litigation of any kind whatsoever and further
that the Transferors shall so long as this agreement is valid, not
enter into any agreement/writing with any third party or any person
for sale, mortgage or exchange or for creating any rights of
whatsoever nature in respect of the said flat and the said shares;

e. That as on date the title of Transferors/ Seller over the said Flat is
free and marketable and no other person except the Transferors
/Sellers have any right ,claim or demand of the said Flat.

f. The Transferors/Sellers do hereby covenant that there are no suits,


litigations or any proceedings pending thereby affecting interest
and rights of Transferors and /or Transferees over the said Flat and
shares.

g. The Transferors/Sellers covenants with the


Transferees/Purchasers that they shall not do any act, deed or
thing creating any charge, lien or encumbrance in respect of the
Schedule Property during the subsistence of this Agreement.

h. That the Transferees on payment of the entire consideration


amount to the Transferors & after the execution and registration of
the final sale deed, shall be entitled to peacefully and quietly hold
and own the said flat and the said shares and all incidental rights
thereto including the right to enter upon and remain in sole
occupation and enjoyment of the said flat and/or any part thereof
in the Transferees own right without any interference disturbance,
interruption, claim or demand whatsoever from the Transferors, his
heirs and/or any person or persons lawfully and equitably claiming
by from, though, under or in trust for the Transferors;

i. That the Transferors has duly complied with observed


performed with all the Rules, Regulations and Bye-Laws of the
said Society and that the Transferors has neither received any
notice from the said Society for or in relation to any breach of
any of the Rules, Regulations and Bye-laws of the said Society
nor are there any actions or proceedings pending against the
Transferors instituted by the said Society or by any member of
the said society in respect of the said flat and the said shares
including any notice or action for expulsion or termination of the
Transferors as the member of the said society;

j. That the Transferors has not received any notice for acquisition
or requisition of the said flat and/or the said shares from any
Court or government or competent authority.

k. The Transferors/Sellers hereby assure the


Transferees/Purchasers that they have absolute power to
convey the same and there are no encumbrances, liens,
charges, Government dues, attachments, acquisitions , or
requisition, proceedings and there is no outstanding loan
pending in any bank.

l. That the Transferors herein doth hereby indemnifies and keep


indemnified the Transferees against any defect in title,
omission, or mischief of any person wrongfully claiming any
right, title or beneficial interest in the said flat and/or the said
shares or compensation, claim, demand, fines, penalties, costs,
charges and expenses or any other liabilities whatsoever made
or bought, against or incurred, suffered, levied or imposed
pursuant to the transfer thereof under the terms of this
Agreement and/or by reason or by virtue of the non-
performance and non- observance of any of the terms and
conditions of the Agreement, covenants and provisions by the
Transferors.

m. The Transferors/Sellers declare that they shall handover all the


Original Documents, receipts etc to the Transferees
/Purchasers or directly to the Bank from where the
Transferees/Purchasers have raised loan which are required for
the disbursement of the loan in respect of the said premises.

n. The Transferors/ Seller undertake to indemnify and keep


indemnified the Transferees/Purchasers for any past liablity or
default on the part of the Transferors / Sellers

o. The Transferees/Purchasers shall have the right to nominate or


assign their right under this agreement to any person/persons
of his/her choice and the Transferors/Sellers shall execute the
Sale Deed as per terms and conditions of this Agreement for
Sale in favour of the Transferees/ Purchasers or his nominee or
assignee.

p. It is hereby expressly provided and agreed by the parties hereto


that both parties are entitled to force specific performance of the
agreement against each other in case of breach of any
conditions mentioned in this agreement.

q. The Transferors / Sellers declares one of Seller is NRI and other


one is Indian resident, they undertake to pay TDS to Income
Tax Dept as per resident status.

3. The Transferors hereby agrees to grant, assign, transfer and assure all his
right, title and interest in the said flat along with said shares in favour of
the Transferees.

4. The Transferors has agreed to hand over the physical possession of the
said flat to Transferees after receiving the full and final payment and after
the execution & registration of the final Sale Deed.
5. The Transferors hereby agrees that he will execute or cause to be
executed any other agreement, deeds, documents or writings in
consonance with this Agreement To Sell (First Agreement/ Part Payment
Agreement) if required for absolute transfer of the said flat and said shares
in favour of the Transferees after receiving the full and final payment and
execution & registration of final Sale Deed.

6. The Transferors hereby agrees that upon receiving full and final payment
and execution & registration of final Sale Deed, he agrees to execute or
cause to be executed and hand over the transfer forms and all documents
and writings as may be required under the Maharashtra Co- operative
Society Act, 1960. The Maharashtra Co-operative Societies Rules, 1961
and the bye-laws of the said Society for the effectual transfer of the said
flat and said shares with all deposits and meters in respect of the said flat
and said shares to the name of the Transferees.

7. Upon receiving the final payment and execution & registration of final Sale
Deed, the Transferors hereby agrees to execute and hand over to the
Transferees and / or to the said Society a letter addressed to the said
Society requesting them to transfer the said flat and the said shares
together with deposits if any standing in the name of Transferors to the
name of the Transferees.

8. The Transferors hereby agrees to execute and help in transferring name in


MSEB, Mahanagar Gas authority, CIDCO, Panvel Municipal Corporation
etc., which are standing in the name of / to the credit of the Transferors.

9. The Transferors further hereby agrees and undertake that after receipt of
the payment and execution & registration of final Sale Deed as agreed
hereinabove, he will from time to time and at all times hereafter and at
the request and cost of the Transferees herein or his successors, assigns
or counsel in law, the Transferors shall do and execute and / or procure or
cause to be done, executed or procured all documents and such deeds
and writings whatsoever for the assurance in law and better and more
perfectly transferring the right, title, interest and benefit in the said flat and
every part thereof and the said shares to the use and benefit of the
Transferees as aforesaid.
10. After making the full and final payment and execution & registration of final
Sale Deed as agreed, the Transferees are entitled to have and hold the
said flat and the shares, together with all deposits and amounts lying to the
credit of the Transferors in the said Society’s account, for, unto and to the
use and benefit of the Transferees, their successors and assigns forever
and without any lien, charge, interest, demand or claim of whatsoever
nature from the Transferors or any person or person claiming through him.

11. On execution of this Agreement and upon receipt of full and final payment
and execution & registration of final Sale Deed, as aforesaid the
Transferees are entitled to apply to the membership of the said Society and
for the transfer of the said flat and to get the shares transfer in their name.
The Transferors hereby agrees to sign and execute all such forms,
documents or writings as may be required for the said purpose as and
when required.

12. The Transferees shall pay to the said Society and all concerned authorities
the monthly out goings and all other dues in respect of the said flat from
the date of handing over the possession to him.

13. The Transferees hereby covenant with the Transferors as follows: -

a. That the Transferees, as after receiving the possession


regularly pay to the said Society and all concerned
authorities the monthly out goings and all dues payable
in respect of the said flat, and said shares.

b. That the Transferees shall observe and perform and abide


by the bye- laws, rules and regulations of the said Society
from time to time in force.

c. The transfer charges payable to the said Society in respect


of the transfer of the said flat and shares to the name of the
Transferees shall be shared by the Transferors and
Transferee jointly and equally.

d. The stamp duty and registration charges, if any, on all


documents pertaining to the sale and all other expenses of
and / or relating to the sale shall be borne and paid by the
Transferees alone save and except that each party shall
bear and pay the fees of their respective Advocates.

14. Termination Clause:

A] Notwithstanding all the terms & conditions of this agreement


to sell if the Transferors unilaterally withdraws from this
transaction then in such event the Transferors has to inform the
Transferees about his intention by serving a 30 days advance
notice communicating his intention to withdraw and will further
refund to the Transferees all the money ie token amount and
Earnest Amount received from the Transferees along with
interest @ 12% per annum from the due date of payment till the
date of realization.

B] If the Transferees unilaterally withdraws from this transaction


due to non sanctioning of home loan because of not getting
relevant documents from the Transferors then in such event the
transferees has to inform the Transferors about their intention
by serving a 30 days advance notice communicating their
intention to withdraw and the Transferors will refund the
Transferees all the money i.e. token amount and Earnest
Amount received from the Transferees along with interest @
12% per annum from the due date of payment till the date of
realization.

C] If the Transferees unilaterally withdraws due to any other


reason Transferees are entitled to refund from the Transferors
of only money ie token amount and Earnest Amount paid to the
Transferors without any interest.

D] Further the Transferors will cooperate and co-ordinate with


the Transferees jointly and equally bear all the expenses for
refund of Registration charges & Stamp Duty from the
competent authority in case of cancellation of deal midway.

15. Force Majeure: In the event of any Force Majeure conditions like Act of
God, Pandemic, Epidemic, Fire, Earthquake , Explosion, War , Extra
ordinary weather conditions, unfavourable government policy or any other
situation which is beyond the control of either parties then both parties will
have an option of extending the date for Final Registration of the Sale Deed
or Cancelling the Agreement for Sell and in that event the Transferees are
entitled to the refund of amounts paid along with stamp duty & registration
charges.

16. It is hereby expressly provided and agreed by the parties hereto that
both parties are entitled to enforce specific performance of the agreement
against each other in case of breach of any conditions mentioned in this
Agreement.

17. Time is the Essence of Contract for both the parties.

18. All the notices to be served on “the Transferees/Purchasers” as


contemplated by this Agreement shall be deemed to have been duly served
if sent to “the Transferees/Purchasers” by registered post or under certificate
of posting at their address as specified above in title.

19. This Agreement shall always be subject to the provisions contained in


the Maharashtra Ownership Flats Act. 1963 and the Maharashtra Ownership
Flats Rules. 1964 and/or as amended up to date or any other provisions of
Law applicable thereto.

20. This Agreement is in accordance with the provisions of the Indian


Contract Act, the Transfer of Property Act and other applicable laws.

21. The Transferors shall attend the office of the Sub-Registrar at Panvel,
Navi Mumbai and admit the execution of these present lodges and/or to be
lodged for the registration by the Transferees.

22. That the transaction has taken place at Kharghar, Navi Mumbai, Taluka-
Panvel, Dist-Raigad and as such, Panvel, Navi Mumbai Courts shall have
exclusive jurisdiction to entertain any dispute arising out or in any way
touching or concerning this deed.
FIRST SCHEDULE OF PROPERTY

All that the piece or parcel of land known as Plot No.38, in Village : Kharghar,
Sector-20 of 12.5% GES Scheme, containing by admeasuring 2600.23 sq.mtrs.
of thereabout and boundaries of the said Plot No.38 are as follows :-

THAT IS TO SAY :-

ON THE NORTH BY : Plot No.37

ON THE SOUTH BY : Plot No.39

ON THE EAST BY : 11.0 Mtr. Wide Road

ON THE WEST BY : Garden

SECOND SCHEDULE OF THE PROPERTY/FLAT

Flat No. C-104, on 1ST Floor, in the building known as “Gayatri Sankul” and
society known as “Gayatri Sankul Co-operative Housing Society Limited”,
being constructed on land bearing Plot No. 38, Sector – 20, Kharghar, Navi
Mumbai, Tal- Panvel, Dist-Raigad 410210, with area admeasuring about 55.99
sq.mtr carpet area and 5.57 Sq. Mtr Terrace Area alongwith Stilt Car Parking
Space no. 16 on the Ground Floor.
IN WITNESS WHEREOF, the parties, hereto have set their respective hands on
the date, month and year herein above first mentioned in the presence of the
following witnesses.

SIGNED AND DELIVERY BY THE


WITHIN NAMED “TRANSFERORS/SELLERS

MR. M. JAYASANKAR S/O SANKARAN NAIR ………………..

MRS. RANI JAYASHANKAR alias RANI JAYASANKAR..…………..

SIGNED AND DELIVERY BY THE


WITHIN NAMED “TRANSFEREES/PURCHASERS”

MR. YOGESH SHREERAM GADGIL ………………..

MRS. SURABHI YOGESH GADGIL ………………..

In the presence of………………

1………………………………….

2………………………………….
RECEIPT
RECEIVED the sum of Rs.90,00,000/- (Rupees Ninety Lakhs Only) from
MR. YOGESH SHREERAM GADGIL & MRS. SURABHI YOGESH
GADGIL, the Transferees above named, as FULL AND FINAL PAYMENT in
respect of transfer of membership rights Flat No. C-104, on 1ST Floor, in the
building known as “Gayatri Sankul” and society known as “Gayatri Sankul
Co-operative Housing Society Limited”, being constructed on land bearing
Plot No. 38, Sector – 20, Kharghar, Navi Mumbai, Tal- Panvel, Dist-Raigad
410210, with area admeasuring about 55.99 sq.mtr carpet area and 5.57 Sq.
Mtr Terrace Area alongwith Stilt Car Parking Space no. 16 on the Ground
Floor.

MODE OF PAYMENT

Date Transaction Details Amount

31/10/2022 (Rupees One Lakh Only) paid Rs.1,00,000/-


vide Cheque bearing No. 320293
drawn on BANK OF INDIA
Kharghar Branch in favour of MRS.
RANI JAYASHANKAR alias RANI
JAYASANKAR

TDS @ of NRI Rs.10,29,600/- in Rs. 10,74,600/-


name of MR. M. JAYASANKAR

TDS @ of INDIAN NATIONALITY


Rs.45000/- in name of MRS. RANI
JAYASANKAR

13/03/2023 (Rupees Forty Three Lakhs Fifty Rs. 43,55,000/-


Five Thousand Only) by raising
loan from HDFC BANK FORT
MUMBAI BRANCH vide paid vide
Cheque bearing no.968367 drawn
on HDFC Bank, Fort Mumbai
Branch. In favour of MRS. RANI
JAYASANKAR

13/03/2023 (Rupees Thirty Four Lakhs Rs.34,70,400/-


Seventy Thousand Four
Hundred Only) paid vide Cheque
bearing no.968366 drawn on
HDFC Bank, Fort Mumbai Branch.
In favour of MR. M. JAYASANKAR

TOTAL Rs. 90,00,000/-

We say received
Rs.90,00,000/-
(Rupees Ninety Lakhs Only)

MR. M. JAYASANKAR S/O SANKARAN NAIR

MRS. RANI JAYASHANKAR alias RANI JAYASANKAR

Witnesses;

1.

2.
POSSESSION LETTER

Date:- 29/03/2023

From,

MR. M. JAYASANKAR S/O SANKARAN NAIR Age 52 years, adult, having (Pan
NO. ABEPN3753G) & (Aadhar No. 7453 9415 6875) as NON RESIDENT
INDIAN & MRS. RANI JAYASHANKAR alias RANI JAYASANKAR Age 46
years, adult, having (PAN NO. AGIPJ1829N) & (Aadhar No. 3240 8798 1683),
Indian inhabitant, residing at Surabhi, Valiyapadam, Puthur, Palakkad, Kerala-
678005

TO,

MR. YOGESH SHREERAM GADGIL, Age 30 years, adult, having (Pan NO.
BBJPG9446F) & (Aadhar No. 7520 3803 0848) & MRS. SURABHI YOGESH
GADGIL, Age 28 years, adult, having (Pan NO. BZAPD1565P) & (Aadhar No.
6909 7903 1539) both are Indian inhabitants, residing at Room No.C-18, PLOT
NO-514, SAMARTH CHS LTD, CHARKOP, NR-APNA BAZAR, SECTOR-05,
KANDIVALI WEST, MUMBAI-400067

Sub; Handing Over Possession of Flat No. C-104, on 1ST Floor, in the building
known as “Gayatri Sankul” and society known as “Gayatri Sankul Co-
operative Housing Society Limited”, being constructed on land bearing Plot
No. 38, Sector – 20, Kharghar, Navi Mumbai, Tal- Panvel, Dist-Raigad
410210, with area admeasuring about 55.99 sq.mtr carpet area and 5.57 Sq.
Mtr Terrace Area alongwith Stilt Car Parking Space no. 16 on the Ground
Floor.
Sir/ Madam,

We/I, the undersigned, MR. M. JAYASANKAR S/O SANKARAN NAIR & MRS.
RANI JAYASHANKAR alias RANI JAYASANKAR, state that, we/I have
transferred my above Flat to you MR. YOGESH SHREERAM GADGIL & MRS.
SURABHI YOGESH GADGIL and have since received full and final payment
towards the above Flat and shares.

Since, We/I have received full and Final payment from you, We/I relinquish our/my rights
for the above said Flat and hand over possession of the same, and you are at liberty to
use and/or to sell, transfer, sublet at your Will as you may wish within the rules and
regulations of the Society and we/I will have no objection or rights for the said Flat.

Yours faithfully,

MR. M. JAYASANKAR S/O SANKARAN NAIR

MRS. RANI JAYASHANKAR alias RANI JAYASANKAR


(SELLERS/TRANSFERORS)

We/I confirm having received the vacant and peaceful possession of the
above mentioned Flat.

MR. YOGESH SHREERAM GADGIL

MRS. SURABHI YOGESH GADGIL

(TRANSFEREES/PURCHASERS)

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