AGREEMENT FOR LEASE

THIS AGREEMENT FOR LEASE is made and executed on this the 2 nd day of

February 04 between:

1. Smt. S. SUJANA W/o Sri. S.VENKATADRI aged about 34 yrs.,

2. Smt. K. LAKSHMAMMA W/O Late. K.V.NARASAIAH aged about 65 yrs.

(herein after called the first party)

Both are residing at Plot No.58, Road No.8, Jubilee Hills, Hyderabad 500

033.

AND

M/s. SIRIMALLE ESTATES AND DEVELOPERS represented by its Managing

partner Sri. N. RANGA REDDY S/o SRI N. VENKAT REDDY ( herein after called the

second party)
2

Contd….2
(Herein after called the “THE LESSORS” which expression shall wherever the context

so admits mean and include their heirs, executors, administrators, successors, legal

representatives, assignees and nominees of the ONE PART.)

AND

1. Sri. P.KAMALAKER RAO S/o. Sri. P. KISTA RAO aged about 32 yrs.,

2. Sri. S. SRINIVASA RAO S/o Sri. S. SURYANARAYANA aged about 38 yrs.,

Both residing at 11-12-113, Street No.3, Tarnaka, Secunderabad 500 003.

(Herein after called the “THE LESSEES” which expression shall wherever the context

so admits mean and include their heirs, executors, administrators, successors, legal

representatives, assignees and nominees of the SECOND PART.)

WHEREAS the parties on the first part are the absolute owners of the premises

at Municipal No. 6-3-667/4, Sirimalle Towers, Jaffer Ali Bagh, Somajiguda, Hyderabad,

and the whereas the parties on the first part have already entered in to a

development agreement cum General power of attorney on 18 th day of August 1999

as per which it is agreed upon the property belonging to the parties of the first party

on the First Part is assigned to the Second party on the First part for the development

of the same and also it is agreed upon that such developed property is to be shared

in 40:60 ratio between the parties on the first part.

AND WHEREAS the lessee is desirous of taking on lease the set premises for

rent for business purposes and the LESSORS is agreeable to lease the premises to

the LESSEE only on rent.

AND WHEREAS the lessor and lessee have mutually agreed that the lease be

subject to and governed by the terms and conditions hereinafter contained.

Contd…3

NOW THIS INDENTURE WITNESSETH AS FOLLOWS:

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1. The lease shall be a period of 11 months commencing from 1 st February 04

and thereafter renewable on the terms and conditions to be mutually agreed

upon between the Lessor and the Lessee.

2. The lessee shall pay the lessor a sum of 11,000/-(Rupees Eleven thousand

only) excluding of maintenance charges per month as rent. The said rent

shall be payable in advance on the first of every month., the tenancy shall

be calculated according to the English Calendar Month.

3. The Lessee shall use the premises for business purpose and shall not sublet

or part with the premises or any portion thereof without prior written

consent of the lessor.

4. The lessor shall provide all the necessary furniture, fixture and fittings for

supply and use of electricity, water and other amenities in the room,

bathrooms, toilets etc. in the premises at their costs.

5. The lessee shall and when payable, pay to the authority concerned all the

necessary charges for electricity and water consumed in the premises. The

lessee shall also pay the monthly Society charges for the lease premises

maintenance to the maintenance association. Any nominal increase in

monthly society charges during the lease period will so be borne by the

lessee. However, any other payments levied by the society or any deposit

for the utilities (electricity) shall be borne by the lessee.

6. The lessee shall keep the interior of the said premises and the lessor’s

fixtures and fittings including furniture, electrical and sanitary and plumbing

therein in good condition subject to tenable repair and normal wear and tear.

Contd…4

7. The lessor shall, subject to the provisions of clause 6 above, be responsible

for carrying out all the repairs in the premises whether external or internal

including upkeep of the electrical, sanitary and plumbing systems, windows,

 5

floors, plasters, tiles and shall keep the said premises in proper repair at

lessor own costs.

8. The lessee may carry out any major repairs to the premises after obtaining

the written consent of the lessor and the lessor shall reimburse the lessee,

the cost of such bills and in the event of neglect on the part of the lessor to

reimburse such cost the lessee shall be at liberty to deduct the same from

the monthly rent and maintenance charges payable.

9. The lessee shall not carry out any structural alteration to the premises

without the prior consent of the lessor, nor shall the lessee cause any

damage to the premises in any way. In the event of such alteration without

such prior consent or damage, the lessee shall at their own restore the

premises to the original conditions as at present. The lessee undertakes to

return the premises at the termination of this lease in the same good

condition ordinary wear and tear and acts of good excepted.

10. It at any time during the continuance of this agreement, the premises or any

part thereof, is damaged or destroyed by fire, earthquake or in any other

manner, so as to render the premises unfit for use, the lessor shall be liable

to restore the premises to it’s original condition with in a reasonable time at

their own costs and in such circumstances the lessee shall make the

premises available to the lessor for all such necessary repairs,

reconstructions etc. and for the duration of the non-occupation or part

occupation the monthly rent shall abate wholly or proportionally as the case

may be.

Contd……5

11. The lessor shall all existing and future taxes and levies due on the premises

and shall keep the lessee indemnified against all claims with respect to such

taxes or levies and do all things necessary to enable the lessee to peaceful

and equally enjoy the tendency of the premises and on the Lessee

performing the terms and conditions herein contained, the Lessee shall
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occupy and use the premises without any let or interruption or hindrance

from the Lessor and or any person acting for and on behalf of the Lessor.

12. The sums hereby reserved shall be paid on every 1 st of each month

positively and the sums hereby reserve by not paid within the date stated

earlier or in any case before the end of that month the Lessor shall on the

expiry of 15 days from the date of written notice to rectify the breach, and

failure on the part of the Lessee to do so, be at liberty to terminate the

lease.

13. The Lessee has paid to be lessor an amount of Rs. 20,000/- (Rupees twenty

Thousand only) by way of Cheque No……………………………….. dated

1.2.2004 drawn on Hyderabad in favour of the 1st and second parties of the

first part and Rs.30,000/-(Rupees thirty thousand only) Cheque

No……………………………….. dated 1.2.2004 drawn on Hyderabad put

together amounting to Rs.50,000/-(Rupees fifty thousand only) towards

interest free deposit, the receipt of which is hereby acknowledged by the

Lessor. The sum shall be refunded to the Lessee by the lessor before the

said notice period given by the lessee to vacate the premises expires. Till

such time the amount is refunded, the Lessee shall be entitled to occupy and

use the premises without payment of any rent or other charges. On notice

of termination, the Lessee will be at liberty to adjust the monthly payables

towards the said deposit repayable by the Lessor.

Contd…6

14. The Lessee shall pay to the lessor a monthly rent of Rs.11,000/- (Rupees

Eleven Thousand Only) by issuing individually cheques/demand Drafts to the

Lessor as follows:

The 1st and 2nd party of the 1st part Rs.4,400/-

The 2nd Party of the 1st Part Rs.6,600/-

----------

Monthly rent Rs.11,000/-

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----------

15. The Lessee and Lessor shall have the option to renew the lease for an

additional period on the expiry of the existing lease set out herein on the

terms and conditions to be mutually agreed upon.

16. In the event of any breach of or non-observance of any of the terms and

conditions of this lease (excepting in those cases where no notice is

necessary) the lease can be terminated, by the effected party written notice

to the other party to rectify the breach is given and the breach is not

rectified within one month from the date of notice.

17. In all cases where this lease has been terminated the Lessor shall be at

liberty though himself or though his authorised representative to re-enter

forth with upon the premises or any part thereof and all rights of the Lessee

shall there upon cease and terminate but without any prejudice to any claim,

right action, against the other in respect of any breach of or non-observance

of the terms and conditions contained therein.

18. In case the Lessee shall not deliver vacant possession of the premises to the

Lessor on termination of this Lease the Lessee shall be liable to pay the

Lessor damages in addition to the monthly rent and other amount payable

and due on the premises.

Contd…7

19. For the purpose of giving any notice or sending any communication by one

party to the other party, the address of the Lessor as mentioned above shall

deemed to be the proper address on which such notice or communication be

made.

20. It is hereby agreed between the parties as follows:

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i) That the respect of the premises the parties here to, shall

respectively have all the rights and be subject to all the liabilities of

the Lessor and the Lessee as set forth in section 1-08 of the

Transfer of Property Act 1882 except those which are hereby

expressly excluded or agreed in contra.

ii) That wherever such as interpretation would be necessary to give

the fullest scope and effect to any contract or covenant herein

contained in the expression “Lessor” herein before use shall include

the owner for the time being of the Lessor interest in India which

respect to the premises.

21. This lease can be terminated by the either party subject to one-month notice

being given to the other party.

SCHEDULE

Shop No.4 Ground floor, Sirimalle Towers in H.No. 6-3-667/4, Jafer Ali Bagh,

Somajiguda, Hyderabad consisting of 775 sft. And all other common amenities.

Contd…8

IN WITNESS WHEREOF, the parties have herein set their hands on the day

month and year first above mentioned.

WITNESS LESSORS
 9

1. 1.

2. 2.

3.

LESSEE

LEASE DEED

THIS DEED OF LEASE (renewal) is made and executed on the 1 st day of July
005 at Kukatpally village , Balanagar Mandal, Ranga Reddy Dist. By and between:

M/S Sai Vikram Builder. Rep by its Managing Partner N. Ranga Reddy, S/o Venkata
Reddy, R/o 6-3-680/8/, Hyderabad and B.V. Giri S/o late of S. Govind Rao R/o4-1-750
M.J. Market, Hyderabad

AND

SRICHAITANYA EDUCATION COMMITTEE,a registered society vide bearing

registered No. 6/87, Vijayawada having its office at Sri Chaitanya Nagar, Tadigadapa,
Vijayawada,
 10

HRER IN AFTER CALLED AS LESSEE, which expression means and includes their legal
heirs and legal representatives.

WHEREAS the lessor is the absolute owner and possessor of the property bearing
Door No. 15-21-42, in survey No. 1092?B situated at Balajinagar colony Kukatpally
village Balanagar Mandal, R.R. District Hyderabad 500072.

WHEREAS the above said property is commercial complex building as “” SAI

VIKRAMBalanagar Mand TOWERS’ COMMERCIAL COMPLEX Kukatpally
Village in which the Lessor is the abso;ute owners . possessors and holder of 60%
share in the entire property of this complex as mentioned in herein as it is
constructed under registered developmental agreement vide registered document
No. 631/97 dated 14.02.1997 which portion is more specifically shown in theschedule
annexed here-under in this lease deed.

WHEREAS the lessee is agreed to take the schedule property on a monthly rental of
Rs. 7.97 per square feet based on plinth area to the entire second, third, and fourth
floor and the lessor accepted for the same with effect from the date ofoccupation i.e.
from the 1st day of December 05.

NOW THEREFORE THIS DEED OF LEASE IS FURTHER WITHNESSES AS HERE

UNDER

1. The Lessor agreed to let out60% of the said commercial complex equal
share of the above lessors and the lesee agreed to take all that carpet area of the
complex falling to their 60” share admeasuring 17500 Sq. feet in the second third,
and fourth floor respectively. There are 5833 Sq.ft in each of the floor for the
purpose and use of the Lessee
2. The Lessee shall use the said three floors of the said commercial for the
Purpose of the running Sri Chaitanya junior College students residential Home/Hostel
including mess in apportion of the Cellar provided towards western side of the
complex. The premises from the lessor is obtained by the lessee.

3. The Lease rent for every month shall be Rs. 7.97 per feet in each of the
three floors based on the carpet area.,The carpet area. The carpet area is 17500
square feet in which the 60% comes in builded. The lease rent for 60% comes to Rs.
------------------------- for every month from 1-4-2007. with enhancement.

4. The Lessee shall pay the lessor an amount of Rs.15,00,000/- ( Rs.Fifteen

Lakhs Only) as interest freerent in advance i.e. One lac to each of the Lesson.

5. The Lessee shall enhance the lease rentals seven and half years which will
be chaged every June .
 11

6. The monthly rentals shall be paid by the Lessee on or before 7 th of every

month according toGregorian calender by way of individual cheques of equal share to
the said of each of the lessor.

7. The lessee shall pay all electrical and water charges as and when it falls
due and pass on the original receipts to the lessor regularly. In the event of failure
by the lessee to pay for any reason the lessor shall be entitled to claim the same
from the lessee as arrears of rent as per the bills.

8 The property Municipal Tax payable on the said premises shallbe payable
by the lessor to the appropriate authorities.

9. The lessee agreed not to do or allw to be down any illegal or immoral act
business in the siad Premises.

10. The lesee shall m,aintain the leased premises in good hygienie and clean
condition.

11. During the tenancy if the premises is put to damage and loss in any
manner and in any part thereof the teneant shall be held responsible for the same.

12. The lessee shall not sub net transfer of the part with possession at the
premises or any part of any person whatsoever.

13. That lessee shall not make any Structural change tobe leased premises.

14. The lessee agreed as to obtain the written consent of the lessor event for
making any construction for partition walls etc.
15. That the lessee shall allow the lessor and their agents at the reasonable
Times in the day to enter the schedule property and inspect the premises.

16. That the Lease is for a period of 7 years July 1st 2012 from the date of
occupation of the premises by the lessee and every year with enhanced monthly rent
by 71/2 for every renewal year as agreed by both the parties here in above . That
the lessor shall also provide bore well with meter is already existion provided by the
developer i.e. other 60% a shareholder apart from the Manjeera water supply
connection. The Lessee shall pay the said charges regularly.

17. That the lessee shall get the building white washed for every 3 three years
if it is feel necessary by the lessor.

18. That the lessee fails to pay the rental amount within 7 th day of every
month the lessor shall issue notice in writing for the same and give one month time.
Secondly even for further failure the lease stands terminated with out further notice
and considered as will full defaulter and the rent payable shall be considered as
 12

willfull defaulter and the rent payable shall be recovered as debt from the lessee
holding the Lessee responsible for the cost and consequences.

19. In the event of vacation of the premises by the lesee or lessor either party
shall give 3 monthsnotice to theother inwriting . But the lessor understands thefacts
the lessee is an educational institution and hence thelessor shallnot take any hasty
action of getting the premises vacated in themidist of aademic curriculum of the
lessee or do any such act to disturb the academic curriculum of the lesee.

20. At the time of vacation of thepremises the lessor shall immediately return
interest free advance rentals taken and any other amount of the lessee lying with
him, provided clear payment of electricity,water bills and rentalsetc. Show the proof
to the lessor by the lesee.

21 That the lessee shall keep the schedule premises neat and clean and there
shall not become a nuisance or annoyance to the lessor or other occupiers of the
said premises.

22. The handover the peaceful possession of the schedule premises at the
end of the lease period unless not renewed or termination of the said lease together
with all lessors fixtures and fittings good condition as was received by the lessor.

SCHEDULE OF PROPERTY

All that 60% share of the lessor in SAI VIKRAM TOWERS bearing D.No 15-21-36
and 15-21-42 in survey No 1092/B situated at Balaji Nagar Colony Kukatpally Village
Balanagar Mandal Rangareddy District Hyderabad-500072. North East Portion of the
said Complex admeasuring 17500sqft in the SECOND AND THIRD AND FOURTH floor.

NORTH ; 200’ National Highway No.9

SOUTH ; 30, Road Belongs to the Lessor.

EAST : 30, Road

WEST ; Neighbours House

In witness there of parties have signed this deed on the 1 st day of July 2003 in the
presence of the following witnesses:

Signatures of the Lessors;

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Signature of the Lessee

Sri Chaitnya Educational Committee
Rep by Dr. B. Jhansi Laxmi Bai
Secretary and Correspondent.

WITNESSES

1.