Agreement to Sell Vradman Flora b4 304
Agreement to Sell Vradman Flora b4 304
Agreement to Sell Vradman Flora b4 304
THIS DEED OF AGREEMENT TO SELL is executed at Gurugram on this day8 January, 2024 BETWEEN:-
Mr. Ram Kanwar (Aadhar- 8664 23127965) S/o Sh. Bohru Lal R/o Vill. Bamroli Teh. Harsaru Distt.
Gurugram (HR) (hereinafter called the FIRST PARTY)
AND
Mrs. Reena Devi W/O Ashok Kumar R/O 589A/20 Jail Road ,Pream Nagar ,Rohatk ,Haryana-124001,
Aadhar NO(6083 6653 7503 )Pan NO(CBHPD1066R, (hereinafter called the SECOND PARTY).
THE EXPRESSION FIRST PARTY and SECOND PARTY shall mean and include their respective heirs,
successors, representatives and assigns etc.
WHEREAS the FIRST PARTY is the owner and in possession of Property Flat No. 304, Tower-B4, in Shree
Vardhman Flora, measuring area 1870 Sq. Ft., situated in Sector-90, Gurugram, Haryana, vide by
coloration agreement dated 14-03-2007 and Transfer Later dated 04-10-2018 with M/s Aggarwal
developer Pvt. Ltd. allotted the above said Flat to the First party. (hereinafter called the Property)
AND WHEREAS the first Party has now agreed to transfer/sell the said PROPERTY to the second party at
the TOTAL COST of Rs. 97,25,000/- (Rs. Ninety Seven Lakh Twenty Five Thousand only) and the Second
party is ready to purchase the same on the following terms and conditions:-
2. That the time limit for registration of sale deed/transfer of the said property has been
mutually agreed between the parties.
3. The second party is empowered to get the property registered or get the sale complete either
in his/her own name or in the name of his/her nominee/s or in the name of any other person for
which the first party shall have no objection.
4. All the expenses in respect of registration of sale deed, stamp duty, registration charges, and
other Misc. expenses shall be borne by the second party.
5. The property to be transferred/ sold under this agreement is free from all encumbrances, sale,
dispute, litigation, gift, court attachment, decree, prior-sale etc. and the first party shall give the
symbolic physical possession of the said property to the second party at the time of registration
of sale deed/transfer. All the outstanding dues such as of water, electricity, sewer etc. installed in
the said property shall be cleared/paid by the first party up to the date of registration of sale
deed/attorney/transfer documents etc.
6. That the Second party shall be liable to get registered sale deed documents in their own
name or in the name of any nominee or in the name of any other person with in stipulated
period.
7. That if any legal defect in right, title or interest of the first party to sell the said property is
found then the date of registration of sale deed/transfer automatically extend up to the
date of decision
8. That if the second party fails to get registered sale deed/transfer by making full and final
payment of the said property within stipulated period to first party then the above said
advance/earnest money shall be forfeited without any notice.
9. That the transfer fees for the transfer of the said property shall be borne by the first party i.e.
seller.
10. That the total sale consideration is of Rs. 97,25,000/- which has to be paid by the second
party to the first party. That the first party has to clear all the dues and liabilities payable to the
Builder and the second party is not liable for the same.
11. That if the first party infringes the terms and condition of this agreement or refuse to sign
sale deed/transfer documents within stipulated period then the second party shall be entitled to
get registered sale deed through court of Law or SPECIFIC PERFORMANCE OF CONTRACT BY
COURT OF LAW at the cost and expenses of the first party or either pay penalty.
12. That the Second party has to deduct & deposit the TDS of the total sale consideration to
Income Tax Department but if the First Party provides certificate from Income Tax Dept. of less
TDS, applicable to this transaction, then the Second Party would deduct & deposit TDS on the
applicable rate as per the Income Tax Department letter & that the Second party has no
objection to the same. The Second party will provide proof of deposit of applicable TDS before
the regd. of the Sale Deed, to the First Party.
IN WITNESS WHEREOF, THE PARTIES ABOVE NAMED HAVE AFFIXED THEIR SIGNATURES ON THIS
DEED OF SALE AGREEMENT ON THE DATE MONTH AND YEAR WRITTEN IN THE PRESENCE OF THE
WITNESSES GIVEN BELOW:-
WITNESSES
1. (FIRST PARTY)
2. (SECOND PARTY)