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RENT AGREEMENT
THIS RENT AGREEMENT IS MADE AT DELHI, on 18.09.2024 between,
SHRI. RAKESH MEHTA S/O MADAN LAL MEHTA RESIDENT OF 42, TOP FLOOR,
AMBA APARTMENTS, SECTOR-9, ROHINI, DELHI-110085, hereinafter called the
Lessor;
..AND..
MR. SHUBHAM GANDHI S/O SH. SURAJ PRAKASH GANDHI R/O H. NO. 19,
WARD NO. 6, SHASTRI NAGAR, HISAR, HISAR, HARYANA -125001, (UID - 6867
7046 5691, DOB - 28/08/1998) hereinafter called the Lessee.
The expression Lessor and Lessee both shall mean and include their
respective heirs, successors, representative, executors and assigns.
Whereas the Lessor is the absolute owner and in possession of TOP FLOOR,
PART OF PROPERTY BEARING 47, BLOCK B, POCKET 4, SECTOR-7,
SITUATED IN THE LAYOUT PLAN OF ROHINI RESIDENTIAL SCHEME, DELHI
-110085 hereinafter called the property
And Whereas the Lessee has approached the Lessor to give on lease to the
lessee in respect of the said property, for a period of 11 MONTHS commencing
from 01.10.2024, and the Lessor has agreed for the same in favour of the Lessee
on the following terms and conditions appearing hereinafter which shall govern this
lease.
NOW THIS LEASE DEED WITNESSETH AS UNDER:-
1. That the Lessor has leased out the said Premises unto and in favour of the
Lessee at the rate of Rs.7,500/- per month for the period of 11 MONTHS
commencing from 01.10.2024. The lessee has paid first month rent in
CASH/ ONLINE and agrees to pay monthly rent in advance by 1st Day of
every calender month.
2. That the Lessee has paid a total sum of Rs.15,000/- (Rupees Fifteen
Thousand only) on 01.10.2024, to the lessor as a security, which is
refundable after the expiry of the tenancy period to the lessee without any
interests, after deducting the previous bills i.e. electricity, water bills etc. or
unpaid rent, or any other damages (if any) during the tenancy period and the
security amount will not be adjustable in the monthly rent.
3. That the lessee shall use the said premises for Residential/ Commercial
purposes only and not for any other purpose/person(s).
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4. That the lessee agrees to pay monthly electricity and water bills, as per
consumption, (if any) of the said property to the concerned authority and is
bound to handover every paid bill to the Lessor and the property tax of the
said property shall be paid by the Lessor and the Lessee shall be bound to
pay local security charges.
5. That the Lessee will not sublet, assign or otherwise part with the said
Premises or any portion thereof.
6. That the Lessee is not entitled to effect any structural additions or
alterations in the said premises nor shall they/she/he cause or allow to be
caused any damage thereto.
7. That the said Premises have now been colour washed, woodwork painted
done and no annual repairs are called for during the subsistence of this
lease.
8. That day to day minor repairs in the demised Premises such as sanitary and
electricity fittings etc. shall be the liability of the Lessee and all major repairs
such as bursting of pipes, cracking the walls etc., shall be carried out by the
Lessor and the Lessee shall maintain peace and harmony with the fellow
residents.
9. That the Lessee shall take proper care of the fittings and fixtures fitted in the
above said premises and shall restore them in good working condition at the
time of vacating the said Premises. And if any loss is occurred to the fittings
and fixtures, the Lessee shall be fully responsible for the loss that occurred.
10. That if the Lessor wants to get the said Premises vacated from the Lessee
before the expiry of tenancy period then the Lessor will serve one month
advance notice to the Lessee.
11. That if the Lessee wants to vacate the said Premises earlier than the expiry
of the tenancy period, then the Lessee shall serve one month advance notice
to the Lessor.
12. That in case the Lessee commits default in payment of monthly rent by the
date stipulated hereinabove, the Lessor shall have rights to terminate this
lease and evict the Lessee from the said Premises irrespective of non-expiry
of the lease period.
13. That the Lessor or any duly authorized representative of their/her/his shall
be entitled to enter the said Premises at any reasonable hours after
obtaining prior appointment from the Lessee in that respect for the purpose
of inspection of the Premises.
14. That in case any dispute arises between the Lessor and Lessee then the said
dispute will be referred to sole arbitrator, nominated by the Lessor whose
decision will be final and binding on both the parties.
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15. That if the lessee shall not disobey and violate any Central & Local rules,
regulations and bye-laws of the D.D.A. and M.C.D. and other concerned
authorities in any circumstances and in case of adverse circumstances, all
liabilities, and responsibilities shall be of the Lessee only.
16. That the lessee shall not do any illegal work and/or shall not keep any
objectionable/illegal article/object in the said premises in any
circumstances. And if the lessee shall run any illegal activities in the said
premises then the lessee shall himself be liable and responsible and the
lessor shall not have any responsibility for any such illegal act.
17. That the lessee(s) shall be responsible for any miss-happening (Police Case,
accident etc.) in the said premises in the tenancy period and the lessor shall
not be responsible for the same.
18. That in case the Lessor has to go in the Court of Law to get the demised
premises vacated from the tenant, the expenditure so incurred by the Lessor
shall be recoverable from the lessee.
19. That the Lessee shall undertake not to misuse this agreement to borrow any
sum of money from any bank, or financial institution.
20. That both the parties and their legal heirs shall be bound by the terms and
conditions of this agreement during the tenancy period or in future.
21. That the Lessor has delivered the physical vacant possession of the said
property to the lessee with fitting and fixtures and the lessee shall be bound
to hand over the same in good condition after the expiry of the tenancy
period to the lessor.
22. That in case the lease is not extended for more further period and the lessee
does not handover the physical vacant possession of the said premises on
the expiry date of the said lease, then the Lessee shall pay Rs. 1000/- per
day along with prevailing rent as a penalty to the Lessor for the period of
their/his/her and their/his/her family stay after the expiry of said lease
period.
23. That after the expiry of the tenancy period, the lessee shall hand over/deliver
the physical vacant possession of the said tenancy premises to the lessor
without any further notice.
24. That the lessee shall be liable and responsible for theft of electricity,
tempering, burning of the electric meter, misuse, penalty and any other
mis-happening, pertaining to the electricity, that occurred during the
tenancy period and the lessor shall not be liable and responsible for the
same in any manner.
25. That if the Lessee infringes the terms and conditions of this rent agreement,
then the Lessor will be authorized to eject the said premises from the said
lessee at the cost and expenses of the lessee.
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26. That if the lessee or any family member/employee is found indulging in any
illegal activity then the lessor has the whole right to vacate the said
premises from the lessee without any notice and the lessee shall not claim,
rights or interests against the lessor and the said property in any court in
India.
27. That both the parties - Lessor & lessee are citizens of India, Both the parties
hereby agree, assure and promise to present themselves for registration of
this rent agreement before the office of Sub-Registrar, Delhi, in the near
future.
28. That if both the parties agree to renew the agreement, the monthly rent will
be increased by 10% OR as per the market rent prevailing in the area
whichever is higher.

IN WITNESS WHEREOF, both the parties hereto have thoroughly

understood the facts of this deed in vernacular/Hindi and admit the same as
correct to their knowledge and undertake to abide by the same accordingly and
after fully understanding the facts stated hereto, the parties have put their
respective hands in token of its correctness/acceptance on the day, month and
year first herein above written in the presence of the following witnesses, who have
also signed in the presence of the parties.
WITNESSES:-
1. LESSOR

2. LESSEE