ALLOTMENT LETTER

To, Applicant Name Date :

Address: ____________
______________________
West Bengal-__________

Sub: Allotment of Flat No.___, ___ Floor, Block ___ Part ___ at VINAYAK GOLDEN
ACRES, 135 CS Mukherjee Street, Hooghly – 712235

Dear Sir,

We are delighted to inform you that you have been provisionally allotted Apartment
No. ____ having total carpet area approximately ______ including balcony therein, built up area
approximately _____ and saleable area approximately _____, on the ____ in Block No. _____ Part ___
(“Building”) along with _______ car parking space and ___ Bike Parking as permissible under the
applicable law and of pro rata share in the common areas (hereinafter referred to as the
“Apartment”) in our project namely, “VINAYAK GOLDEN ACRES” at 135 CS Mukherjee Street,
Hooghly – 712235. The Agreed Consideration for the said Flat and Car Parking space is Rs.
_______/- (Rupees ______________________________________________ Only ) + GST /- + All Extra Charges+
GST On Extra Charges and payable as per the attached Payment Plan, to be paid by you before
possession. The above provisional allotment of the Unit in your favour, is subject to the terms
and conditions of the Application Form submitted by you and the standard Agreement for Sale
to be entered into with you hereafter including the timely payment of total payable amount as
per the Payment Plan.

It may be noted that in addition to the Total Price mentioned hereinabove you shall be further
liable to pay the required Stamp Duty and Registration Charges as may be assessed by the
Registering Authorities at the time of registration of the Agreement for Sale and the Deed of
Conveyance. It may further be noted that failure and/or neglect on your part to register the
Agreement for Sale within 30 days of being called upon to do so, shall tantamount to a breach of
the understanding and your allotment shall be liable to be cancelled and/or terminated. In the
event of such cancellation and/or termination of the allotment, all amounts paid by you save
and except the applicable taxes, shall be refunded to you and on and from such date of
cancellation, you shall cease to have any right and/or claim over the Said Apartment.

On your signing of the Agreement for Sale, the Application Form, Agreement for Sale
and Allotment Letter would be read together.

This is for your information and record.

You are kindly requested to accept this provisional allotment by signing on the office copy of the
allotment letter.

Thanking you,
Yours faithfully

For Siddhivinayak Realcon LLP

I/We have understood the terms and conditions of the provisional allotment and accept the
provisional allotment and hereby accept the same.

_____________________
Allottee
Name:
Date:
 AGREEMENT FOR SALE

This Agreement for Sale (“Agreement”) executed on this …………. day of September, 2018

BETWEEN

HAPPY KUTIR PRIVATE LIMITED, a company within the meaning of the Companies Act,
2013, having its office at 5, Gorky Terrace, 2 nd Floor, Kolkata 700 017, P.S. Shakespeare
Sarani, P.O. Circus Avenue, (PAN: AABCH8179H), represented by its Constituted Attorney
 2

Mrs. Sushmita Karmakar, wife of Abhijit Karmakar residing at South A.B. Road, Near
RajalakhsmiBalika Vidyamandir, Fingapara, Barrackpore – I, PIN 743129 P.O. Fingapara,
P.S. Jagaddal (Aadhar No. 4683 7108 2454) duly authorized to enter into this Agreement
vide Registered Power of Attorney dated 14 th December, 2016 hereinafter referred to as
the “Owner”, (which term or expression shall unless excluded by or repugnant to the
subject or context mean and include its successors-in interest and permitted assigns);

AND

SIDDHIVINAYAK REALCON LLP (LLP Identification No.AAE-4579), a Limited Liability

Partnership, incorporated under the Limited Liabilities Partnership Act, 2008, and having
its office at having its office at Office Space No. 202, 2nd Floor, at Plot No. G-2, Block GP,
Sector V, Salt Lake, Kolkata 700 091, P.S. Electronic Complex, P.O. Electronic Complex
(PAN: ACWFS1807P), represented by its Authorized Signatory Mr. Raj Kumar Agarwal,
son of Late Shyam Sundar Agarwal, residing at 30/1, Ramlal Dutta Road, Bhadrakali, P.S.
Uttarpara, P.O. Bhadrakali (Aadhar No.5509 2027 6050) duly authorized to represent the
LLP hereinafter referred to as the “Promoter” (which expression shall unless repugnant
to the context or meaning thereof be deemed to mean and include its successor-in-
interest, and permitted assigns).

AND

MRS. NITU KUMARI SINGH (Aadhar No. 7314 4017 8433) wife of Lalitesh Kumar Singh,
aged about 33 years, residing at 49, Arabinda Pally, Uttarpara, Kotrung (M), Makhla,
Hoogly, Pin : 712245 P.O. Makhla, P.S. Uttarpara, (PAN EBVPS6567L) & MR. LALITESH
KUMAR SINGH (Aadhar No. 8476 8797 3399) son of Subhash Singh, aged about 37 years,
residing at 49, Arabinda Pally, Uttarpara, Kotrung (M), Makhla, Hoogly, Pin : 712245 P.O.
Makhla, P.S. Uttarpara, (PAN BQAPS5054B) hereinafter jointly called the “Allottee”
(which expression shall unless repugnant to the context or meaning thereof be deeme d
to mean and include his/her heirs, their executors, administrators, successors-in-interest
and permitted assigns).
 3

The Promoter and Allottee shall hereinafter collectively be referred to as the Parties ” and
individually as a “Party”

DEFINITIONS:

For the purpose of this Agreement for Sale, unless the context otherwise requires, -

a) “Act” means the West Bengal Housing Industry Regulation Act, 2017 (30

of 2017);

b) “appropriate Government” means the State Government;

c) “Rules” means the West Bengal Housing Industry Regulation Rules,

2017 made under the West Bengal Housing Industry Regulation Act,

2017.

d) “Regulations”means the Regulations made under the West Bengal

Housing Industry Regulation Act, 2017.

e) “section” means a section of the Act.

WHEREAS:

A. The Owner is the absolute and lawful owner of the property more fully described
in the Part-I of the SCHEDULE A hereto, which was purchased by Owner from time
to time in the name of several companies (the “PROJECT LAND”) as per the
particulars of title of the PROJECT LAND more fully described in the Part II of
SCHEDULE A hereto.
 4

B. The Owners and the Promoter have entered into joint development agreements
dated 14th December, 2016 registered as document no. 190302984 for the year
2016 at the office of the Additional Registrar of Assurances III, Kolkata, in Book I,
Volume No. 1903 -2016, Pages 98557 to 98615; The Owners have also granted a
Power of Attorney dated 14th December, 2016 registered as document no.
190307425 for the year 2016 at the office of the Additional Registrar of
Assurances III, Kolkata, in Book IV, Volume No. 1903 -2016, Pages 175659 to
175683.

C. The Project Land is for the purpose of building a housing project known as
“Vinayak Golden Acres” comprising of residential apartments and also other
spaces and Project Common Areas to be constructed thereat. (“Project”);

D. The Promoter caused a plan prepared by its architects for construction of several
buildings in several blocks and got the said plan sanctioned (the “Said Plan”) and,
inter alia, took up construction and development of the Project with provisions for
amenities and facilities to be used in common by the occupants of the Project in
due course, details of which are given in SCHEDULE D hereunder written
(“COMMON AMENITIES AND FACILITIES”). The Allottee further accepts that the
mutual agreement by and between the Parties that although the Building
Common Portions and the Project Common Portions are described in Schedule D
below, the said descriptions are only indicative and are not intended to bind the
Promoter in any manner. The Promoter shall, in the absolute discretion of the
Promoter, be entitled to modify or improvise upon the Common Amenities and
Facilities and the Allottee hereby accepts the same and records his consent to
such alteration / modification / improvisation and undertakes that he shall not
raise any objection in this regard and/or have any claim, financial or otherwise,
against the Promoter for such modification or improvisation.
 5

E. The Promoter is fully competent to enter into this Agreement and all the legal
formalities with respect to the right, title and interest of the Promoter regarding
the Project Land on which the Project is to be constructed have been completed;

F. The Promoter has obtained the final layout plan, sanctioned plan, specifications
and approvals for the Project and also for the apartment or buildings thereon, as
the case may be from Konnagar Municipality vide building permit No. 2/12/17
dated 20/12/2017. The Promoter agrees and undertakes that it shall not make any
changes to these approved plans except in strict compliance with laws as
applicable;

G. The Allottee has applied for an apartment in the Project vide application No. 085
dated 09th August, 2018 and has been allotted Apartment No. 2C having total
carpet area approximately 659 sq ft including balcony therein, built up area
approximately 730 sq ft and Super Built Up area approximately 935 sq ft, on the
2nd floor in Block No. 5 (Part B) (“Building”) along with One Independent Covered
Car parking space as permissible under the applicable law and of pro rata share in
the common areas (“Common Areas”) (hereinafter referred to as the
“Apartment”) more particularly described in Schedule B and the floor plan of the
apartment is annexed hereto and marked as ANNEXURE - A;

H. The Promoter has registered the Project under the provisions of the Act with

the West Bengal Housing Industry Regulatory Authority at _____________ on

_________________under registration no._________________.

I. The parties have gone through all the terms and conditions set out in this
Agreement and understood the mutual rights and obligations detailed herein;

J. Pursuant to such application the Promoter has agreed to allott the said apartment
in favour of the Allottee on the terms and conditions mentioned herein. It is
hereby agreed that the application form shall be deemed to be a part of this
Agreement;
 6

K. The parties hereby confirm that they are signing this Agreement with full
knowledge of all the laws, rules, regulations, notifications, etc., applicable to the
Project;

L. The parties, relying on the confirmations, representations and assurances of each

other to faithfully abide by all the terms, conditions and stipulations contained in
this Agreement and all applicable laws, are now willing to enter into this
Agreement on the terms and conditions appearing hereinafter;

M. The Allottee has been made aware and has unconditionally agreed that the
occupants of Apartments in the Project shall have complete and unhindered
access to the Common Areas of the Project and shall be entitled to enjoy all the
Common Amenities and Facilities of the Project,

N. In accordance with the terms and conditions set out in this Agreement and as
mutually agreed upon by and between the parties, the Promoter hereby agrees to
sell and the Allottee hereby agrees to purchase the Apartment and the
garage/covered/open parking (if any) as specified in para G.

O. The allottees of the apartments of each of the buildings within the Project shall
enjoy in common with other allottees, the common areas and facilities of the
Project together with all easements, rights and appurtenances belonging thereto .

NOW THEREFORE, in consideration of the mutual representations, covenants, assurances,

promises and agreements contained herein and other good and valuable consideration,
the parties agree as follows:

1. TERMS:

1.1 Subject to the terms and conditions as detailed in this Agreement, the Promoter
agrees to sell to the Allottee and the Allottee hereby agrees to purchase, the
Apartment as specified in para G.
 7

1.2 The Total Price for the Apartment based on the Carpet Area is Rs.
………………………………/- (Rupees …………………. only) (“Total Price”).

Cost of Flat
Parking Space – Covered Independent
Consideration for the Apartment
Extras :
Extra Development Charges @ Rs. 70/- per sq foot
Legal and Documentation Charges
Recreational Amenities Charges @ Rs. 30/- per sq
foot
Advance Maintenance Charges (one year’s
maintenance)@ Rs. 24 per sq ft
Interest Free Maintenance Deposit@ Rs. 18/- per
sq foot
Municipal Deposit
Individual Electric Meter Deposit
Labour Cess
GST Amount
Total price (in rupees)

Explanation:

(i) The Total Price above includes the booking amount paid by the allottee to the

Promoter towards the [Apartment/Plot];

(ii) The Total Price above includes Taxes (consisting of tax paid or payable by the

Promoter by way of Goods and Service Tax, and Cess) up to the date of

handing over the possession of the apartment/plot to the allottee and the

project to the association of allottees or the competent authority, as the case

may be, after obtaining the completion certificate:

 8

Provided that in case there is any change/modification in the taxes, the

subsequent amount payable by the allottee to the promoter shall he

increased/reduced based on such change / modification:

Provided further that if there is any increase in the taxes after the expiry of the

scheduled date of completion of the project as per registration with the

Authority, which shall include the extension of registration, if any, granted to

the said project by the Authority, as per the Act, the same shall not be charged

from the allottee;

(iii) The Promoter shall periodically intimate in writing to the Allottee, the amount

payable as stated in (i) above and the Allottee shall make payment demanded

by the Promoter within the time and in the manner specified therein. In

addition, the Promoter shall provide to the Allottee the details of the taxes

paid or demanded along with the acts/rules/notifications together with dates

from which such taxes/levies etc. have been imposed or become effective;

(iv) The Total Price of [Apartment/Plot] includes recovery of price of land,

construction of [not only the Apartment but also] the Common Areas, internal

development charges, external development charges, taxes, cost of providing

electric wiring, electrical connectivity to the apartment, lift, water line and

plumbing, finishing with paint, marbles, tiles, doors, windows, tire detection

and firefighting equipment in the common areas, maintenance charges as per

 9

para11 etc. and includes cost for providing all other facilities, amenities and

specifications to be provided within the [Apartment Plot] and the Project.

1.3 The Developer states that with effect from 1st July, 2017, the Service Tax re gime
has been replaced by the Goods & Service Tax (GST) regime and GST as applicable
on consideration and on all extras as payable. The Allottee agrees to pay such GST
as applicable.

1.4 The Total Price is escalation-free, save and except increases which the Allottee
hereby agrees to pay. Due to increase on account of development charges payable
to the competent authority and/or any other increase in charges which may be
levied or imposed by the competent authority from time to time. The Promoter
undertakes and agrees that while raising a demand on the Allottee for increase in
development charges, cost/charges imposed by the competent authorities, the
Promoter shall enclose the said notification/order/ rule/ regulation to that effect
along with the demand letter being issued to the Allottee, which shall only be
applicable on subsequent payments. Provided that if there is any new imposition
or increase of any development charges after the expiry of the scheduled date of
completion of the project, the same shall not be charged from the Allottee.

1.5 The Allottee(s) shall make the payment as per the payment plan set out in
Schedule C (“Payment Plan”).

1.6 It is agreed that the Promoter may carry out any additions and alterations in the
sanctioned plans, layout plans and the amenities and facilities as described herein
at Schedule ‘D’ in accordance to applicable laws and the Allottee hereby records
its consent to the same .

1.7 The Allotee (s) agree (s) that he/they is/are aware that the Promoter is developing
the Project Land.
 10

1.8 The rights of the Allotee is limited to ownership of the Said Apartment and the
Allotee hereby accepts the same and the Allotee shall not, under any
circumstances, raise any claim, of ownership, contrary to the above.

1.9 The Project Common Areas shall always be and remain subject to change and
modification, as may be deemed fit and necessary by the Promoter (without
affecting the rights of the Allotee, prejudicially) to accommodate its future plans
regarding the Said Project Land and the Allotee hereby accepts the same and
shall not, under any circumstances, raise any objection, or hindrances thereto
and/or shall be deemed to have granted an unconditional consent and approval to
such change in Project Common Areas.

1.10 The Allotee shall only have User Rights in the Project Common Areas to the extent
required for beneficial use and enjoyment of the Said Apartment and the Allotee
hereby accepts the same and the Allottee shall not, under any circumstances,
raise any claim of ownership of any component or constituent of the Project
Common Area.

1.11 It is mutually agreed between the Parties that the measurement of the Said
Apartment as mentioned in this Agreement shall remain the same however the
internal dimensions of the said apartment may vary as per physical construction
however at no point of time shall the carpet area of the apartment be increased
or decreased by the Promoter. The Allottee hereby accepts the above and gives its
consent to such increase or decrease and shall not raise any objection with regard
thereto.

1.12 Subject to para 9.3 the Promoter agrees and acknowledges, the Allottee shall have
the right to the Apartment as mentioned below:

(i) The Allottee shall have exclusive ownership of the Apartment;

(ii) The Allottee shall also have undivided proportionate share in the land underneath
the Building. Since the share interest of Allottee in the Common Areas is
 11

undivided and cannot be divided or separated, the Allottee shall use the Common
Areas along with other occupants, maintenance staff etc. of the Project, without
causing any inconvenience or hindrance to them. It is clarified that the Promoter
shall hand over the common areas to the association of allottees after duly
obtaining the completion certificate from the competent authority for the Project:
(iii) The Allottee has the right to visit the project site to assess the extent of
development of the Project and his Apartment, as the case may be however with
prior intimation and permission from the Promoter.
1.13 It is made clear by the Promoter and the Allottee agrees that the Apartment along
with One Dependent Covered Car parking space shall be treated as a single
indivisible unit for all purposes. It is agreed that the Project is an independent,
self-contained Project covering the Project Land and is not a part of any other
project or zone and shall not form a ….
part of and/or linked/combined with any other project in its vicinity or otherwise except
for the purpose of integration of infrastructure for the benefit of the Allottee. It is
clarified that Project’s facilities and amenities shall be available only for use and
enjoyment of the Allottees of the Project.
1.14 The Promoter agrees to pay all outgoings before transferring the physical
possession of the apartment to the Allottees, which it has collected from the
Allottees, for the payment of outgoings.

1.15 The Allottee has paid a sum of Rs. 50,000/- (Rupees Fifty Thousand only) along
with applicable GST as booking amount being part payment towards the Total
Price of the Apartment at the time of application the receipt of which the
Promoter hereby acknowledges and the Allottee hereby agrees to pay the
remaining price of the Apartment as prescribed in the Payment Plan [Schedule C]
as may be demanded by the Promoter within the time and in the manner
specified therein.

Provided that if the Allottee delays in payment towards any amount which is
payable, he shall be liable to pay interest calculated at the rate per annum
 12

specified under HIRA Rules at present being SBI Prime Lending Rate Plus Two
Percent per annum, computed from the date the payment became due till the
date of actual payment.

2. MODE OF PAYMENT:

Subject to the terms of the Agreement and the Promoter abiding by the
construction milestones, the Allottee shall make all payments, on demand by the
Promoter, within the stipulated time as mentioned in the Payment Plan in
Schedule C through A/c Payee cheque/demand draft/bankers cheque or online
payment (as applicable) in favour of Siddhivinayak Realcon LLP/Vinayak Golden
Acres Escrow Account payable at Kolkata.

3. COMPLIANCE OF LAWS RELATING TO REMITTANCES:

3.1 The Allottee, if resident outside India, shall be solely responsible for complying
with the necessary formalities as laid down in Foreign Exchange Management Act,
1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made
thereunder or any statutory amendments) modification(s) made thereof and all
other applicable laws including that of remittance of payment acquisition/sale/
transfer of immovable properties in India etc. and provide the Promoter with such
permission, approvals which would enable the Promoter to fulfill its obligations
Agreement. Any refund, transfer of security, if provided in terms of the in
accordance with the provisions of Foreign Exchange Management Act, 1999 or the
statutory enactments or amendments thereof and the Rules and Regulations of
the Reserve Bank of India or any other applicable law. The Allottee understands
and agrees that in the event of any failure on his/her part to comply with the
applicable guidelines issued by the Reserve of Bank of India, he/she may be liable
for any action under the Foreign Exchange Management Act, 1999 or other laws
as applicable, as amended from time to time.
 13

3.2 The Promoter accepts no responsibility in regard to matters specified in para 3.1
above. The Allottee shall keep the Promoter fully indemnified and harmless in this
regard. Whenever there is any change in the residential status of the Allottee
subsequent to the signing of this Agreement, it shall be the sole responsibility of
the Allottee to intimate the same in writing to the Promoter immediately and
comply with necessary formalities if any under the applicable laws. The Promoter
shall not be responsible towards any third party making payment/remittances on
behalf of any Allottee and such third party shall not have any right in the
application/allotment of the said apartment applied for herein in any way and the
Promoter shall be issuing the payment receipts in favour of the Allottee only.

4. ADJUSTMENT/APPROPRIATION OF PAYMENTS:

The Allottee authorizes the Promoter to adjust appropriate all payments made by
him/her under any head(s) of dues against lawful outstanding of the Allottee
against the Apartment if any, in his/her name and the Allottee undertakes not to
object/demand/direct the Promoter to adjust his payments in any manner.

5. TIME IS ESSENCE:

The Promoter shall abide by the time schedule for completing the Project as
disclosed and towards handing over the Apartment to the Allottee. The Project
Common Areas shall be handed over to the association of the allotees only on
completion of the entire Project. The Allottee shall have user right on Common
Area of the Project.

6. CONSTRUCTION OF THE PROJECT/ APARTMENT:

The Allottee has seen the proposed layout plan, specifications, amenities and
facilities of the Apartment and accepted the floor plan, payment plan and the
specifications as mentioned in the Schedules appended herein and as represented
by the Promoter. The Promoter shall develop the Project thereof in accordance
with the said layout plans, floor plans and specifications. Subject to the terms in
 14

this Agreement, the Promoter undertakes to strictly abide by such plans approved
by the competent Authorities and shall also strictly abide by the bye-laws, FAR
and density norms and provisions prescribed by the Konnagar Municipality and
shall not have an option to make any variation/alteration/modification in such
plans, other than in the manner provided under applicable laws.

7. POSSESSION OF THE APARTMENT:

7.1 Schedule for possession of the said Apartment - The Promoter agrees and
understands that timely delivery of possession of the Apartment to the Allottee, is
the essence of the Agreement. The Promoter assures to hand over possession of
the Apartment within 30th September, 2022 plus 6 months grace period from that
date unless there is delay or failure due to war, flood, drought, fire, cyclone,
earthquake or any other calamity caused by nature affecting the regular
development of the real estate project (“Force Majeure”). It shall not be
obligatory for the Promoter to complete the Common Amenities and Facilities in
all respects before giving the Possession Notice to the Allottee and the Said
Apartment shall be deemed to have been completed in all respect if the same is
made fit for habitation as per the Specifications. The Promoter makes it clear that
the common facilities/ installations and amenities may be made ready in phases
and non completion of the whole project or all common
amenities/facilities/installations shall not be an excuse of the Allottee to claim
that the said Apartment is not completed and ready for delivery of possession. If
however, the completion of the Apartment is delayed due to the Force Majeure
conditions then the Allottee agrees that the Promoter shall be entitled to the
extension of time for delivery of possession of the Apartment, provided that such
Force Majeure conditions are not of a nature which make it impossible for the
contract to be implemented. The Allottee agrees and confirms that, in the event it
becomes impossible for the Promoter to implement the Project due to Force
Majeure conditions, then this allotment shall stand terminated and the Promoter
shall refund to the Allottee the entire amount received by the Promoter from the
 15

allotment within 60 days from that date. The Promoter shall intimate the Allottee
about such termination at least thirty days prior to such termination. After refund
of the money paid by the Allottee the Allottee agrees that he/she shall not have
any rights, claims etc. against the Promoter and that the Promoter shall be
released and discharged from all its obligations and liabilities under this
Agreement.

7.2 Procedure for taking possession – The Promoter, shall offer in writing the
possession of the Apartment, to the Allottee in terms of this Agreement to be
taken within two months from the date of issue of occupancy certificate.
[Provided that, in the absence of local law, the conveyance deed in favour of the
Allottee shall be carried out by the promoter within 3 months from the date of
issue of occupancy certificate]. The Promoter agrees and undertakes to indemnify
the Allottee in case of failure of fulfillment of any of the provisions, formalities,
documentation on part of the Promoter. The Allottee, after taking possession,
agree(s) to pay the maintenance charges and other charges (if any) as determined
by the Promoter/association of allottees, as the case may be after the issuance of
the completion certificate for the Building. The Promoter shall hand over the
occupancy certificate of the apartment to the Allottee at the time of conveyance
of the same.

7.3 Failure of Allottee to take Possession of Apartment – Upon receiving a written

intimation from the Promoter as per para 7.2, the Allottee shall take possession of
the Apartment from the Promoter by executing necessary indemnities,
undertakings and such other documentation as prescribed in this Agreement and
the Promoter shall give possession of the Apartment to the Allottee. In case the
Allottee fails to take possession within the time provided in para 7.2 such Allottee
shall continue to be liable to pay maintenance charges and other charges (if any)
as specified in para 7.2. In such an event it shall be deemed that the Allottee has
taken possession on and from the date as mentioned in the Possession Notice.
(Date Of Possession). From the Date Of Possession, the Alottee shall become
 16

liable to pay all outgoings (such as Common Expenses/Maintenance Charges and

Rates & Taxes), irrespective of whether the Allottee takes physical possession of
the Said Apartment. In case the deeming provision comes into force, the Allottee
confirms that the Allottee shall not claim to be in physical possession of the Said
Apartment and the same shall be received by the Allottee only upon clearing all
dues and performing all obligations.

7.4 Possession by the Allottee – After obtaining the occupancy certificate and
handing over physical possession of the Apartment to the Allottees, it shall be the
responsibility of the Promoter to hand over the necessary documents and plans,
including common areas, to the association of Allottees or the competent
authority, as the case may be, as per the local laws.

7.5 Cancellation by Allottee — The Allottee shall have the right to cancel/ withdraw
his allotment in the Project. Provided that where the allottee proposes to
cancel/withdraw from the Project without any fault of the Promoter, the
Promoter herein is entitled to forfeit 10% of the Total Price of the apartment
towards cancellation fee. The balance amount of money (if any) paid by the
Allottee shall be returned by the Promoter to the Allottee within 60 days of such
cancellation.

7.6 Compensation — The Promoter shall compensate the Allottee in case of any

loss caused to him due to defective title of the land, on which the project is

being developed or has been developed, in the manner as provided under the

Act and the claim for interest and compensation under this provision shall not

be barred by limitation provided under any law for the time, being in force.

Except for occurrence of a Force Majeure event, if the promoter fails to

complete or is unable to give possession of the [Apartment/Plot] (i) in

accordance with the terms of this Agreement, duly completed by the date
 17

specified in para 7.1; or (ii) due to discontinuance of his business as a

developer on account of suspension or revocation of the registration under the

Act; or for any other reason; the Promoter shall be liable, on demand to the

allottees, in case the Allottee wishes to withdraw from the Project, without

prejudice to any other remedy available, to return the total amount received

by him in respect of the [Apartment/Plot], with interest at the rate prescribed

in the Rules equivalent to the Prime Lending Rate of State Bank of India plus 2

% including compensation in the manner as provided under the Act within

forty-five days of it becoming due. Provided that where if the Allottee does not

intend to withdraw from the Project, the Promoter shall pay the Allottee

interest at the rate prescribed in the Rules equivalent to the Prime Lending

Rate of State Bank of India plus 2 % for every month of delay, till the handing

over of the possession of the [Apartment/Plot], which shall be paid by the

promoter to the allottee within forty-five days of it becoming due.

8. REPRESENTATIONS AND WARRANTIES OF THE PROMOTER:

The Promoter hereby represents and warrants to the Allottee as follows:

(i) The Promoter has absolute, clear and marketable title with respect to the Project
Land; the requisite rights to carry out development upon the Project Land and
absolute, actual, physical and legal possession of the Project Land, save and
except construction finance availed from ECL Finance Ltd. with its registered office
at Edelweiss House, Off CST Road, Kalina, Mumbai 400098.
 18

(ii) The Promoter has lawful rights and requisite approvals from the competent
Authorities to carry out development of the Project;

(iii) There are no encumbrances upon the Project Land and/or the Project:

(iv) There are no litigations pending before any Court of law or Authority with respect
to the Project Land/Project or the Apartment;

It is also made known to the Allottee that the Promoter has taken a loan from
bank(s)/financial institution(s) against security of the Said Land and the
construction having already been made and/or being made. The Promoter shall
cause the said bank(s)/financial institution(s), if necessary, to issue no objection
letter in favour of the Allottee to enable the Allottee to take loan from any bank
or financial institution for financing the purchase of the Apartment and the
Promoter further undertake that the Promoter shall cause the said
bank(s)/financial institution(s) to release the Apartment from the mortgage
created by the Promoter on or before the Promoter executing the deed of
conveyance of the Apartment in favour of the Allottee and the Allottee will get
the title of the Apartment free from all encumbrances.

(v) All approvals, licenses and permits issued by the competent authorities with
respect to the Project Land and Apartments are valid and subsisting and have
been obtained by following due process of law. Further, the Promoter has been
and shall, at all times, remain to be in compliance with all applicable laws in
relation to the Project Land, , Building and Apartment and common areas;

(vi) The Promoter has the right to enter into this Agreement and has not committed
or omitted to perform any act or thing, whereby the right, title and interest of the
Allottee created herein, may prejudicially be affected;

(vii) The Promoter has not entered into any agreement for sale and/or development
agreement or any other agreement / arrangement with any person or party with
 19

respect to the Project Land or any part thereof, including the said Apartment
which will, in any manner, affect the rights of Allottee under this Agreement;

(viii) The Promoter confirms that the Promoter is not restricted in any manner
whatsoever from selling the said Apartment to the Allottee in the manner
contemplated in this Agreement;

(ix) At the time of execution, of the Conveyance Deed the Promoter shall handover
lawful, vacant, peaceful, physical possession of the Apartment to the Allottee and
the common areas to the association of allottees at the completion of entire
project ;

(x) The Said Apartment is not the subject matter of any HUF and that no part thereof
is owned by any minor and/or no minor has any right, title and claim over the Said
Apartment;

(xi) The Promoter has duly paid and shall continue to pay and discharge all
governmental dues, rates, charges and taxes and other monies, levies,
impositions, premiums, damages and/or penalties and other outgoings,
whatsoever, payable with respect to the said Project to the competent Authorities
till the completion certificate of the Project has been issued and possession of
apartment or building, as the case may be, along with common areas (equipped
with all the specifications, amenities and facilities) has been handed over to the
allottee and the association of allottees or the competent authority, as the case
may be.

(xii) No notice from the Government or any other local, body or authority or any
legislative enactment, government ordinance, order, notification (including any
notice for acquisition or requisition of the project land) has been received by or
served upon the Promoter in respect of the Said Land and/or the Project Land.

9. EVENTS OF DEFAULTS AND CONSEQUENCES:

 20

9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a
condition of Default, in the following events:

(i) Promoter fails to provide ready to move in possession of the Apartment to the
Allottee within the time period specified in para 7.1

(ii) Discontinuance of the Promoter’s business as a developer.

9.2 In case of Default by Promoter under the conditions listed above Allottee is
entitled to the following:

(i) The Promoter shall correct the situation by completing the construction
milestones and only thereafter the Allottee be required to make the next payment
without any interest: or

(ii) The Allottee shall have the option of terminating the Agreement in which case the
Promoter shall be liable to refund the entire money paid by the Allottee towards
the purchase of the apartment, along with interest at the agreed rate within 60
days of receiving the termination notice. Provided that where an Allottee does not
intend to withdraw from the project or terminate the Agreement, he shall be paid,
by the Promoter, interest at the agreed rate for every month of delay till the
handing over of the possession of the Apartment, which shall be paid by the
Promoter to the Allottee within forty-five days of it becoming due.

9.3 The Allottee shall be considered under a condition of Default, on the occurrence
of the following events:

(i) In case the Allottee fails to make payments within 15 days of demand raised as
per the Payment Plan annexed hereto, the Allottee shall be liable to pay interest
to the Promoter on the unpaid amount at the calculated rate per annum specified
under HIRA Rules at present being SBI Prime Lending Rate Plus Two Percent per
annum, from the date of default till actual payment is made;
 21

(ii) In case of Default by Allottee under the condition listed above continues for a
period beyond 2 consecutive months after notice from the Promoter in this
regard, the Promoter may cancel the allotment of the Apartment in favour of the
Allottee and refund the money paid to him by the Allottee after deducting 10% of
the Total Price and the interest liabilities and this Agreement shall thereupon
stand terminated. Provided, that the Promoter shall intimate the Allottee about,
such termination at least thirty days prior to such termination.

10. CONVEYANCE OF THE SAID APARTMENT:

The Promoter, on receipt of Total Price of the Apartment as per para 1.2 under
the Agreement from the Allottee shall execute a conveyance deed and convey the
title of the Apartment together with right to use the Common Areas within 3
months from the date of issuance of the occupancy certificate and the completion
certificate, as the case may be, to the Allottee. [Provided that, in the absence of
local law, the conveyance deed in favour of the Allottee shall be carried out by the
Promoter within 3 months from the date of issue of occupancy certificate].
However, in case the Allottee fails to deposit the stamp duty and/or registration
charges within the period mentioned in the notice, the Allottee authorizes the
Promoter to withhold registration of the conveyance deed in his/her favour till
payment of stamp duty and registration charges to the Promoter is made by the
Allottee.

11. MAINTENANCE OF THE SAID BUILDING/APARTMENT/ PROJECT:

The Promoter shall be responsible to provide and maintain essential services in

the Project till the taking over of the maintenance of the Project by the
association of allottees upon formation in accordance to applicable laws. This is a
condition precedent that the Allottee shall pay the maintenance charges on and
from the date of possession, as and when called upon by the Promoter till
formation of the Association failing which the Promoter shall not be held liable for
non maintenance of such amenities and facilities.
 22

12. COMMON AREAS/AMENITIES AND FACILITIES:

The Common Areas/Amenities/Facilties of the Project shall be handed over to the

Association upon formation of such association by the Promoter (the
“Association”).

The Allottee will be required to complete the formalities of becoming a member

of the Association and also to comply with the Rules and Bye-laws of the
Association.

The Promoter shall at an appropriate time within a maximum period of 6 months

from the Date of Completion Certificate of entire Project notify the detailed
scheme of formation of the Association to the Allottee (as also to all other
allottees of other apartments) in accordance with the West Bengal Apartment
Ownership Act, 1972, so as to enable them to constitute/form such Association.

13. Interim Maintenance Period: During the interim maintenance period between
obtaining of the completion certificate of the Project and formation and
operationalization of the Association the Promoter shall through itself or through
a Facility Manager Company run, operate, manage and maintain the Common
Areas/Amenities and Facilities.

The Promoter/ Facility Manager Company shall be responsible for the

maintenance and operation of the Common Areas /Amenities and Facilities and
will be required to provide manpower for maintaining the Common Areas
/Amenities and Facilities, wherever required, and to collect maintenance charges
and also guest charges and the user charges for the utilities being provided on
“pay by use” basis ,if any.

The maintenance and management of Common Areas /Amenities and Facilities by

the Committee will primarily include but not limited to maintenance of water
works, common Electrical installations, DG Sets (if any), Landscaping, Driveways,
Parking areas, Lobbies, and Lifts & staircases etc. It will also include safety and
 23

security of the Project such as fire detection and protection and management of
general security control of the Project.

The Rules/ Bye Laws to regulate the use and maintenance of the Common Areas
shall during the Interim Maintenance Period, may be framed by the Promoter with
such restrictions as may be necessary for proper maintenance.

After the Common Areas /Amenities and Facilities of the Project are handed over
to the Association, the Association may adopt the Rules and the Bye laws framed
by the Promoter, with or without amendments, as may be deemed necessary by
the Association.

14. DEFECT LIABILITY:

It is agreed that in case any structural defect or defect in workmanship, relating to

such development is brought to the notice of the Promoter within a period of 1
(one) year by the Allottee from the date of handing over possession, it shall be the
duty of the Promoter to rectify such defects without further charge, within 60
(sixty) days. However, normal wear and tear caused due to usage shall not be
deemed to be a defect in workmanship of the Promoter. Further, the Promoter
shall not be liable for any defect in the fittings and fixtures installed in the
Apartment as per the specifications.

15. RIGHT TO ENTER THE APARTMENT FOR REPAIRS:

The Promoter /maintenance agency /association of allottees shall have rights of

unrestricted access of all Common Areas, garages/ covered parking and open
parking spaces for providing necessary maintenance services and the Allottee
agrees to permit the association of allottees and/or maintenance agency to enter
into the Apartment or any part thereof, after due notice and during the normal
working hours, unless the circumstances warrant otherwise, with a view to set
right any defect.
 24

16. USAGE:

The service areas, if any, as located within the Project, shall be earmarked for
purposes such as parking spaces and services including but not limited to electric
sub-station, transformer, DG set rooms, underground water tanks, pump rooms,
maintenance and service rooms, fire lighting pumps and equipment’s etc. and
other permitted uses as per sanctioned plans. The Allottee shall not be permitted
to use the service areas and the basements in any manner whatsoever, other than
those earmarked as parking spaces, and the same shall be reserved for use by the
association of allottees formed by the Allottees for rendering maintenance
services.

17. COMPLIANCE WITH RESPECT TO THE APARTMENT:

17.1 Subject to para 12 above, the Allottee shall, after taking possession, be solely
responsible to maintain the Apartment at his/her own cost, in good repair and
condition and shall not do or suffer to be done anything in or to the Building, or
the Apartment, or the staircases, lifts, common passages, corridors, circulation
areas, atrium or the compound which may be in violation of any laws or rules of
any authority or change or alter or make additions to the Apartment and keep the
Apartment, its walls and partitions, sewers, drains, pipe and appurtenances
thereto or belonging thereto, in good and tenantable repair and maintain the
same in a fit and proper condition and ensure that the support, shelter etc. of the
Building is not in any way damaged or jeopardized.

The Allottee further undertakes, assures and guarantees that he/she would not
put-any sign-board, name-plate, neon light, publicity material or advertisement
material etc. on the face facade of the Building or anywhere on the exterior of the
Project, buildings therein or Common Areas. The Allottees shall also not change
the colour scheme of the outer walls or painting of the exterior side of the
windows or carry out any change in the exterior elevation or design. Further the
Allottee shall not store any hazardous or combustible goods in the Apartment or
 25

place any heavy material in the common passages or staircase of the Building. The
Allottee shall also not remove any wall, including the outer and load bearing wall
of the Apartment.

The Allottee shall plan and distribute its electrical load in conformity with the
electrical systems installed by the Promoter and thereafter the association of
allottees and/or maintenance agency appointed by association of allottees. The
Allottee shall be responsible for any loss or damages arising out of breach of any
of the aforesaid conditions.

18. COMPLIANCE OF LAWS, NOTIFICATIONS ETC. BY PARTIES:

The Parties are entering into this Agreement for the allotment of an Apartment
with the full knowledge of all laws, rules, regulations, notifications applicable to
the Project.

19. ADDITIONAL CONSTRUCTIONS:

The undertaking of the Allottee to the Promoter that notwithstanding anything

contained in this Agreement, the Allottee has no objection and shall under no
circumstances have any objection to the Promoter (1) integrating/adding (notionally
or actually) other parcels of land and/or adjacent/other lands and premises
(collectively Other Promoter Properties) to the Project Land and for this purpose,
demolishing boundary walls and affixing gates wherever necessary and connecting
existing roads to future roads (2) extending, modifying and realigning the extent,
area, layout and location of the Said Building/Said Project including the Project
Common Portions, (3) modifying the Sanctioned Plans, as may be necessary in this
regard, (4) granting all forms of unfettered and perpetual proportionate right of
ownership and use over the Building Common Portions and the Project Common
Portions and (5) granting all rights of user and easements over the Project Common
Portions comprised in the Project to the intending allottees or owners of the Other
Developer Properties (collectively Owners of Other Promoter Properties). It is clearly
 26

understood by the Allottee that the Allottee shall not have any right to erect any
wall/boundary wall in the Said Project and/or the Other Promoter Properties.

The Allottee hereby accepts and gives his consent to such integration and/or addition
and/or extension and/or modification and/or realignment and no further permission
and/or consent is required to be obtained by the Promoter from the Allottee.

The Allottee further undertakes that in consideration of the Promoter agreeing to sell
the Said Flat And Appurtenances to the Allottee, the Allottee has accepted the above
conditions and has granted and shall be deemed to have granted to the Owners, the
Promoter, Owners of Other Promoter Properties and all successors-in-interest/title
unfettered and perpetual easements over, under and above all Building Common
Portions and Project Common Portions comprised in the Said Project including roads,
passages and all open spaces in the Said Project, with right to connect the same to
new roads and passages comprised in the Other Promoter Properties
integrated/added to the Said Project.

20. BINDING EFFECT:

Forwarding this Agreement to the Allottee by the Promoter does not create a

binding obligation on the part of the Promoter or the Allottee until the Allottee

signs and delivers this Agreement with all the schedules along with the

payments due as stipulated in the Payment Plan 30 (thirty/days from the date

of receipt by the Alliance and secondly, appears for registration of the same

before the concerned Sub-Registrar (specify the address of the Sub-Registrar)

as and when intimated by the Promoter. If the Allottee(s) fails to execute and

deliver to the Promoter this Agreement within 30 (thirty) days from the date

of its receipt by the Allottee and/or appear before the Sub-Registrar for its

registration as and when intimated by the Promoter, then the Promoter shall
 27

serve a notice to the Allottee for rectifying the default, which if not rectified

within 30 (thirty) days from the date of its receipt by the Allottee, application

of the Allottee shall be treated as cancelled and all sums deposited by the

Allottee in connection therewith including the booking amount shall be

returned to the Allottee without any interest or compensation whatsoever.

21. ENTIRE AGREEMENT:

This Agreement, along with its schedules, constitutes the entire Agreement
between the Parties with respect to the subject matter hereof and supersedes any
and all understandings, any other agreements, allotment letter, correspondences,
arrangements whether written or oral, if any, between the Parties in regard to the
said apartment, as the case may be.

22. RIGHT TO AMEND:

This Agreement may only be amended through written consent of the Parties.

23. PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE/SUBSEQUENT

ALLOTTEES:

It is clearly understood and so agreed by and between the Parties hereto that all
the provisions contained herein and the obligations arising hereunder in respect
of the Apartment and the Project shall equally be applicable to and enforceable
against and by any subsequent Allottees of the Apartment, in case of a transfer, as
the said obligations go along with the Apartment for all intents and purposes.

24. WAIVER NOT A LIMITATION TO ENFORCE:

24.1 The Promoter may, at its sole option and discretion, without prejudice to its rights
as set out in this Agreement, waive the breach by the Allottee in not making
payments as per the Payment Plan [Schedule C] including waiving the payment of
interest for delayed payment. It is made clear and so agreed by the Allottee that
 28

exercise of discretion by the Promoter in the case of one Allottee shall not be
construed to be a precedent and/or binding on the Promoter to exercise such
discretion in the case of other Allottees.

24.2 Failure on the part of the Parties to enforce at any time or for any period of time
the provisions hereof shall not be construed to be a waiver of any provisions or of
the right thereafter to enforce each and every provision.

25. SEVERABILITY:

If any provision of this Agreement shall be determined to be void or

unenforceable under applicable laws, such provisions of the Agreement shall be
deemed amended or deleted in so far as reasonably inconsistent with the purpose
of this Agreement and to the extent necessary to conform to the applicable laws
as the case may be, and the remaining provisions of this Agreement shall remain
valid and enforceable as applicable at the time of execution of this Agreement.

26. METHOD OF CALCULATION OF PROPORTIONATE SHARE WHEREVER REFERRED

TO IN THE AGREEMENT:

Wherever in this Agreement it is stipulated that the Allottee has to make any
payment, in common with other Allottee(s) in the Project, the same shall be the
proportion which the saleable area of the Apartment bears to the total saleable
of all the Apartments in the Project.

27. SEVERABILITY :

If any provision of this Agreement shall be determined to be void or

unenforceable under the Act or the Rules and Regulations made thereunder or

under other applicable laws, such provisions of the Agreement shall be

deemed amended or deleted in so far as reasonably inconsistent with the

purpose of this Agreement and to the extent necessary to conform to Act or the
 29

Rules and Regulations made thereunder or the applicable lawsas the case may

be, and the remaining provisions of this Agreement shall remain valid and

enforceable as applicable at the time of execution of this Agreement.

27.1 FURTHER ASSURANCES:

Both Parties agree that they shall execute, acknowledge and deliver to the other
such instruments and take such other actions, in additions to the instruments and
actions specifically provided for herein, as may be reasonably required in order t o
effectuate the provisions of this Agreement or of any transaction contemplated
herein or to confirm or perfect any right to be created or transferred hereunder or
pursuant to any such transaction.

28. PLACE OF EXECUTION:

The execution of this Agreement shall be complete only upon its execution by the
Promoter through its authorized signatory, at the Promoter’s Office.

29. NOTICES:

That all notices to be served on the Allottee and the Promoter as contemplated by
this Agreement shall be deemed to have been duly served if sent to the Allottee
or the Promoter by Registered Post at their respective addresses specified below:

Allottee : Nitu Kumari Singh & Lalitesh Kumar Singh

Address : 49, Arabinda Pally, Uttarpara, Kotrung (M), Makhla,

Hoogly, Pin : 712245 P.O. Makhla, P.S. Uttarpara

Promoter : M/s Siddhivinayak Realcon LLP

Address : Office Space No. 202, 2 nd Floor, at Plot No. G-2,

Block GP, Sector V, Salt Lake, Kolkata 700 091.
 30

It shall be the duty of the Allottee and the Promoter to inform each other of any
change in address subsequent to the execution of this Agreement in the above
address by Registered Post failing which all communications and letters posted at
the above address shall be deemed to have been received by the promoter or the
Allottee, as the case may be.

30. JOINT ALLOTTEES:

That in case there are Joint Allottees all communications shall be sent by the
Promoter to the Allottee whose name appears first and at the address given by
him/her which shall for all intents and purposes to consider as properly served on
all the Allottees.

31. SAVINGS:

Any application letter, allotment Letter, agreement, or any other document signed
by the Allottee, in respect of the Apartment, prior to the execution and
registration of this Agreement for Sale for such apartment, shall not be construed
to limit the rights and interests of the allottee under the Agreement for Sale.

32. GOVERNING LAW:

That the rights and obligations of the parties under or arising out of this
Agreement shall be construed and enforced in accordance with applicable laws of
India for the time being in force.

33. DISPUTE RESOLUTION:

All or any disputes arising out or touching upon or in relation to the terms and
conditions of this Agreement, including the interpretation and validity of the
terms thereof and the respective rights and obligations of the Parties, shall be
settled amicably by mutual discussion, failing which the same shall be settled
through appropriate legal remedy .
 31

34. OTHER TERMS AND CONDITIONS:

34.1 Extras :

In addition to the Agreed Consideration as referred to in clause 1 of this

Agreement, the Allottee has agreed to pay the following amount to the Promoters
(Extras) :

34.1.1 Advance Maintenance Charges: A sum equivalent to one year’s maintenance

charges calculated @ Rs. 24/- per sq foot of saleable area.

34.1.2 Interest Free Maintenance Deposit: A sum calculated @ Rs. 18/- per sq foot of
saleable area to be kept as a deposit by the Promoter and shall be transferred by
the Promoter to the Association at the time of handing over. However the
Promoter shall be allowed to adjust any unpaid maintenance charges by the
Allottee from such deposit.

34.1.3 Municipal Deposit: Municipal Deposits (if any) shall be payable by the Allottee as
per actual.

34.1.4 Individual Electric meter Deposit: In case WBSEB /any other electricity supply
agency decides not to provide individual meters to the allottees/Allottee and
make provision for a High Tension supply or Bulk supply, the Promoter shall
provide sub-meters to the allottees/Allottee upon payment by them of the
proportionate Security Deposit payable to WBSEB / any other electricity supply
agency for such connection. The exact amount payable will be intimated to the
allottees/Allottee at appropriate time before possession. This Security Deposit
would be subject to revision and replenishment as may be so decided by WBSEB /
any other electricity supply agency from time to time and the allottees/Allottee
shall, at all times, be liable to proportionately pay such revision/replenishment to
WBSEB / any other electricity supply agency, as per the norms of WBSEB / any
other electricity supply agency. In such a case the allottees/Allottee may be
 32

required to enter into a separate agreement with the Promoter for supply of
electricity through sub meters.

34.1.5 Extra Development Charges: A sum calculated @ Rs. 70/- per sq foot of saleable
area towards Extra Developmental Charges.

34.1.6 Recreational Amenities Charges: The Promoter proposes to provide various

recreational amenities in the various portions within the Said Project (Said
Recreational Amenities), intended for use of all Apartment owners of the Said
Project. The said Recreational Amenities shall form part of the Common facilities
and amenities of the Project and will be handed over to the Association in due
course. During the interim maintenance period, the same shall be managed by the
Promoter either by itself or through its nominee. All the Allottees of the
residential apartments of the Project will have access to such facilties. Charges
payable by the Allottee for enjoying such recreational amenities shall be
calculated @ Rs. 30/- per sq ft of saleable area and the same has been included in
the Total Price.

34.1.7 Legal & Documentation Charges, Stamp Duty and Registration Costs: It shall be
the responsibility of the Allottee to get this Agreement registered at the
concerned Registration Officer upon payment of Legal Fees, Stamp Duty,
Registration Costs and other miscellaneous expenses. The Allottee shall be liable
to pay a sum of Rs. 15,000/- (Rupees Fifteen Thousand Only) towards legal and
documentation charges/Fees of Legal Advisors, who have drawn this Agreement
and shall draw all further documents in connection therewith. Out of the said sum
of Rs. 15000/- (Rupees Fifteen Thousand only) a sum of Rs. 7500 (Rupees Seven
Thousand Five Hundred only) shall be payable simultaneously with the execution
this Agreement and the balance sum of Rs. 7500 (Rupees Seven Thousand Five
Hundred only) shall be payable at the time of possession or execution of the Deed
of Conveyance, whichever is earlier. Stamp duty, and registration fees shall be
borne by the Allottee and the same shall be the valuation as assessed by the
 33

Registration Authorities at the time of such registration. Save and except the legal
and documentation charge, the Allottee shall also pay a fixed miscellaneous
expense of Rs. 6500/- (Rupees Six Thousand Five Hundred only) for registration at
the concerned Registration Office. The Stamp Duty, Registration Fees and
Miscellaneous expenses shall be paid 15 (fifteen) days prior to the date of
registration.

34.2 Default In Payments:

Failure to pay Maintenance Charges, Electricity Charges, and DG usage Charges, if

any, within due dates may result in withdrawal/ restrictions/
disconnections/discontinuation of the respective common services to the Allottee
and will make the Allottee liable to pay interest at 1% per month on the
outstanding dues for the period of the delay, calculated from the due date till the
date of actual payment.

35. PAYMENT OF TOTAL PRICE AND EXTRAS PRIOR TO POSSESSION:

The Allottee agrees and covenants not to claim any right or possession over and in
respect of the Said Apartment till such time the Allottee has paid the entirety of
the Total Price and Extras and all other amounts agreed to be paid or deposited
under this Agreement and has duly complied with and/or performed all the
covenants, undertakings and obligations required to be complied with and/or
performed on the part of the Allottee in pursuance of this Agreement or
otherwise required by law, all of which shall be conditions precedent without
which the Promoter shall not be under any obligation to handover possession of
the Said Apartment.

36. COVENANTS:

36.1 Allottee’s Covenants:

 34

The Allottee covenants with the Promoter (which expression shall for the purpose
of includes the Association, wherever applicable) and admits and accepts that:

36.1.1 Allottee Aware of and Satisfied with Common Amenities and Facilities and
Specifications.

The Allottee, upon full satisfaction and with complete knowledge of the Common
Amenities, Facilities and Specifications and all other ancillary matters, is entering into
this Agreement. The Allottee has examined and is acquainted with the Project and
has agreed that the Allottee shall neither have nor shall claim any right over any
portion of the Project save and except the Said Apartment.

36.1.2 Allottee to Mutate and Pay Rates & Taxes:

The Allottee shall (1) pay all fees and charges and cause mutation in the name of the
Allottee in the records of Konnagar Municipality, within 30 (thirty) days from the date
of taking conveyance deed of the Said Apartment (Date Of Conveyance) and (2) pay
the Rates & Taxes (proportionately for the Project and wholly for the Said Apartment
from the Date Of Possession Notice and until the Said Apartment is separately
mutated and assessed in favour of the Allottee), on the basis of the bills to be raised
by the Promoter/ Association (upon formation), such bills being conclusive proof of
the liability of the Allottee in respect thereof. The Allottee further admits and accepts
that the Allottee shall not claim any deduction or abatement in the aforesaid bills.

36.1.3 Allottee to Pay Maintenance Charge:

The Allottee shall pay Maintenance Charge on the basis of the bills to be raised by the
Promoter or Association (upon formation), such bills being conclusive proof of the
liability of the Allottee in respect thereof. The Allottee further admits and accepts
that (1) the Allottee shall not claim any deduction or abatement in the bills relating to
Maintenance Charge and (2) the Maintenance Charge shall be subject to variation
from time to time, at the sole discretion of the Promoter or Association(upon
formation).
 35

36.1.4 Charge/Lien:

The Promoter shall have first charge and/or lien over the Said Apartment for all
amounts due and payable by the Allottee to the Promoter provided however if the
Said Apartment is purchased with assistance of a financial institution, then such
charge/lien of the Promoter shall stand extinguished on the financial institution
provided all dues payable to the Promoter are cleared by the Allottee and/or such
financial institution.

36.1.5 No Rights of or Obstruction by Allottee:

All open areas in the Project proposed to be used for open car parking spaces do not
form part of the Common Areas within the meaning of this Agreement.

36.1.6 Variable Nature of Land Share and Share In Common Areas:

The Allottee fully understands and accepts that (1) the Land Share shall be the
proportion which the area of the Said Apartment bears to the total area of all the
flats in the Projects, (2) if the area of the Project is recomputed by the Promoter, then
and in such event, the Land Share shall vary accordingly and proportionately and the
Allottee shall not question any variation (including diminution) therein, (3) the
Allottee covenants not to demand any refund of the Total Price paid by the Allottee
on the ground of or by reason of any variation of the Land Share, (4) the Land Share
and Share in Common Areas are not divisible and partible, and (5) the Allottee shall
accept (without demur) the proportionate share with regard to various matters, as be
determined by the Promoter, in its absolute discretion.

37. OBLIGATIONS OF ALLOTTEE:

The Allottee shall:

37.1 Co-operate in Management and Maintenance:

 36

Co-operate in the management and maintenance of the Common Areas facilities and
amenities by the Promoter/Association (upon formation), as applicable.

37.2 Observing Rules:

Observe the rules framed from time to time by the Promoter/Association (upon
formation) for the beneficial common enjoyment of the Common Areas, facilities and
amenities.

37.3 Paying Electricity Charges:

Pay for electricity and other utilities consumed in or relating to the Said Apartment
from the Date of Possession.

37.4 Meter and Cabling:

Be obliged to draw electric lines/wires, television cables, broadband data cables and
telephone cables to the Said Apartment only through the ducts and pipes provided
therefor, ensuring that no inconvenience is caused to the Promoter or to other
Apartment owners. The main electricity meter shall be installed only at the space
designated for common meters. The Allottee shall under no circumstances be
entitled to affix, draw or string wires, cables, dish antenna or pipes from, to or
through any part or portion of and outside walls of the building in which the
Apartment is located save in the manner indicated by the Promoter/Association
(upon formation).

37.5 Residential Use:

Use the Apartment for residential purpose only. Under no circumstances shall the
Allottee use or allow the Apartment to be used for commercial, industrial or other
non-residential purposes. The Allottee shall also not use or allow the Apartment to be
used as a religious establishment, hotel, guesthouse, serviced apartment, mess,
hostel, boarding house, restaurant, nursing home, club, school or other public
gathering place.
 37

37.6 Maintenance of Apartment:

Repair, clean and maintain water, light, power, sewage, telephone, air conditioners,
sanitary installations, doors, windows, glass panes and other fittings and fixtures
inside the Apartment, at the cost of the Alottee.

37.7 Use of Common Toilets:

Ensure that the domestic help/service providers visiting the Said Apartment use only
the common toilets and while so using, keep the common toilets clean and dry.

37.8 Use of Spittoons / Dustbins:

Use the spittoons / dustbins located at various places in the Project.

37.9 No Alteration:

Not alter, modify or in any manner change the (1) elevation and exterior colour
scheme of the Said Apartment and the building and (2) design and/or the colour
scheme of the windows, grills and the main door of the Said Apartment.

37.10 No Structural Alteration and Prohibited Installations:

Not alter, modify or in any manner change the structure or any civil construction in
the Said Apartment and the building. The Allottee shall not install any dish-antenna
on the balcony and/or windows of the Building and/or on any external part of the
Building and/or the roof thereof. In the event the Promoter and/or the Association
coming to know of any change made by the Allottee then the Promoter and/or the
Association shall be entitled to demolish the changes and restore the Said Apartment
at the cost of the Allottee. In the event any change is made by the Allottee after the
Date of Conveyance, then also the Promoter and/or the Association shall be entitled
to demolish the changes and restore the Said Apartment to its original position at the
cost of the Allottee. The Allottee shall be liable to make payment of the aforesaid cost
 38

without raising any objection as liability for payment of the same has arisen due to
default of the Allottee.

37.11 No Air Conditioning Without Permission:

Not to install any window air-conditioning units anywhere in the Said Apartment and
not to change the manner of installation of air-conditioners in the bedrooms (if any)
and in such areas where air-conditioners are not installed by the Promoter to install
air-conditioners only in designated areas as approved by Promoter.

37.12 No Collapsible Gate:

Not install any collapsible gate save and except at the designated place and in the
specific design as may be permitted by the Site in Charge. All costs for such
installation shall be borne by the Allottee.

37.13 No Grills :

Not install any grill on the balcony or verandah save and except as may be permitted
by the Site in Charge. Costs of such installation shall be borne by the Allottee.

37.14 No Sub-Division:

Not to sub-divide the Said Apartment and the Common Areas, under any
circumstances.

37.15 No Change of Name:

Not to change/alter/modify the name of the Building from that mentioned in this
Agreement.

37.16 No Nuisance and Disturbance:

Not to use the Said Apartment or the Common Areas or the Parking Space, if any, or
permit the same to be used in such manner or commit any act, which may in any
 39

manner cause nuisance or annoyance to other occupants of the Building and/or the
neighboring properties and not make or permit to be made any disturbance or do or
permit anything to be done that will interfere with the rights, comforts or
convenience of others.

37.17 No Storage:

Not to store or cause to be stored and not place or cause to be placed any goods,
articles or things in the Common Areas.

37.18 No Obstruction to Promoter/Association:

Not to obstruct the Promoter/ Association (upon formation) in their acts relating to
the Common Areas, Amenities and Facilities and not obstruct the Promoter in
constructing on other portions of the Building, and/or the Project and selling or
granting rights to any person on any part of the Said Building.

37.19 No Obstruction of Common Areas:

Not to obstruct the pathways and passages of the Common Areas or use the same for
any purpose other than for ingress to and egress from the Said Apartment.

37.20 No Violating Rules:

Not to violate any of the rules and/or regulations laid down by the Promoter /
Association (upon formation) for the use of the Common Amenities and facilities.

37.21 No Throwing Refuse:

Not to throw or accumulate or cause to be thrown or accumulated any dust, rubbish

or other refuse in the Common Areas save at the places indicated therefor.

37.22 No Injurious Activities:

 40

Not to carry on or cause to be carried on any obnoxious or injurious activity in or

through the Said Apartment, the Parking Space, if any, the Said Building, the Common
Areas, including but not limited to acts of vandalism, putting up posters and graffiti.

37.23 No Storing Hazardous Articles:

Not to keep or store any offensive, combustible, obnoxious, hazardous or dangerous

articles in the Said Apartment, the Common Areas, and the Building.

37.24 No Signage:

Not to put up or affix any sign board, name plate or other things or other similar
articles in the Common Areas, inside or outside the windows and/or the outside walls
of the Said Apartment/Said Building save at the place or places provided therefor
provided that this shall not prevent the Allottee from displaying a standardized name
plate outside the main door of the Said Apartment.

37.25 No Floor Damage:

Not to keep any heavy articles or things that are likely to damage the floor or install
and operate any machine or equipment save usual home appliances.

37.26 No Installing Generator:

Not to install or keep or run any generator in the Said Apartment.

37.27 No Misuse of Water:

Not to misuse or permit to be misused the water supply to the Said Apartment.

37.28 No Damage to Common Portions:

Not to damage the Common Areas, amenities and facilities in any manner and if such
damage is caused by the Allottee or the family members, invitees, servants, agents or
employees of the Allottee, the Allottee shall compensate for the same.
 41

37.29 No Hanging Clothes:

Not to hang or cause to be hung clothes from the balconies of the Said Apartment.
However hanging of clothes shall be permitted so long as the overall decency is
maintained.

37.30 No Smoking in Public Places:

Not to smoke in public areas of the Project and/or the Building (s) and not to throw
empty cigarette cartons, cigarette butts and matchboxes in open spaces but to
dispose them in dustbins after ensuring that the fire is fully extinguished from such
cigarettes.

37.31 No Plucking Flowers:

Not to pluck flowers or stems from the gardens.

37.32 No Littering:

Not to throw or allow to be thrown litter in the Common Areas of the Said Building
/Project.

37.33 No Trespassing:

Not to trespass or allow trespass over lawns and green plants within the Common
Areas.

37.34 No Overloading Lifts:

Not to overload the passenger lifts and move goods only through the staircase of the
Building.

37.35 No Use of Lifts in Case of Fire:

Not to use the lifts in case of fire.

 42

37.36 No Covering of Common Portions:

Not to cover the Common Areas, fire exits and balconies/terraces (if any) of the Said
Apartment.

37.37 Pay Goods & Service Tax:

To make payment of applicable Goods & Service Tax that may be payable in respect
of all amounts to be paid by the Allottee to the Promoter / Association in terms of
this Agreement as also to pay all others taxes payable by the Allottee in terms of this
Agreement.

37.38 Notification regarding Letting/Transfer:

If the Allottee lets out or transfers the Said Apartment, the Allottee shall immediately
notify the Promoter/Association (upon formation) of the tenant’s/transferee's
address and telephone number.

37.39 No Right in Other Areas:

The Allottee shall not have any right, title and interest, claim or entitlement
whatsoever over or in respect of the Project/ Building (s) save and except the Said
Apartment and the share in the Common Areas , and the Allottee shall not raise any
dispute or make any claim with regard to the Promoter either constructing or not
constructing on the other portions of the Project.

37.40 Indemnity:

The Allottee shall keep the Promoter indemnified of from and against all actions,
proceedings, damages, claims, demands, costs, charges, expenses and proceedings
made against or suffered by the Promoter and/or the Association (upon formation)
relating to the Said Building/ Project or any part thereof or to any person due to any
negligence or any act, deed, thing or omission made, done or occasioned by the
Allottee or the servants / agents / licensees / invitees / visitors of the Allottee and/or
 43

any breach or non-observance by the Allottee of the Allottee’s covenants and/or any
of the terms herein contained.

38. PROMOTER’S COVENANTS:

The Promoter covenant with the Allottee and admits and accepts that:

38.1 No Creation of Encumbrance:

During the subsistence of this Agreement, subject to its right to obtain project
loan, above, the Promoter shall not create any charge, mortgage, lien and/or shall
not sell, transfer, convey and/or enter into any agreement with any person other
than the Allottee in respect of the Said Apartment, subject to the Allottee fulfilling
all terms, conditions and obligations of this Agreement.

38.2 Documentation for Loan:

The Promoter shall provide to the Allottee all available documents so that the
Allottee may get loan from banks and financial institutions, if required by the
Allottee.

39. NOMINATION BY ALLOTTEE WITH CONSENT:

39.1 The Allottee admits and accepts that before the execution and registration of
conveyance deed of the Said Apartment, the Allottee will be entitled to nominate,
assign and/or transfer the Allottee’s right, title, interest and obligations under this
Agreement subject to the covenant by the nominee that the nominee will strictly
adhere to the terms of this Agreement and subject to the conditions mentioned.

39.2 Allottee to Make Due Payments:

The Allottee shall make payment of all dues, including any interest for delay, to the
Promoter in terms of this Agreement, up to the time of nomination.

39.3 Lock-in Period:

 44

The Allottee cannot nominate in favour of any third party before the expiry of a
period of 12 ( twelve) months from the date of this Agreement.

39.4 Prior Written Permission and Tripartite Agreement:

In respect of any nomination, the Allottee shall obtain prior permission of the
Promoter and the Allottee and the nominee shall be bound to enter into a tripartite
agreement with the Promoter and the Allottee.

39.5 Nomination Fees:

The Allottee shall pay a sum calculated @ Rs. 25/- per sq foot by way of nomination
fees to the Promoter. It is clarified that inclusion of a new joint Allottee or change of a
joint Allottee shall be treated as a nomination. Any additional income tax liability that
may become payable by the Promoter due to nomination by the Allottee because of
higher market valuation as per the Registration Authorities on the date of nomination
and/or the extra registration fees to be paid to the Registration Authorities due to
nomination, shall be compensated by the Allottee paying to the Promoter agreed
compensation equivalent to the income tax payable on such difference at the highest
applicable tax rate at the prevailing time or the estimated extra registration fees.
Such amount shall be payable by the Allottee on or before the nomination.

The Allottee admits and accepts that the Allottee shall not be entitled to nominate or
assign his rights under this Agreement save in the manner indicated above.

40. FUTURE CONTINGENCY AND COVENANT OF ALLOTTEE:

The Allottee agrees that these terms and conditions for sale and transfer of the Said
Apartment as contained herein, are made in view of the extant laws, rules and
regulations governing such sale and transfer and are subject to changes / variations
as the Promoter may deem appropriate or as may be directed by appropriate
authorities or as may be made by the Promoter keeping in mind any extant /
 45

proposed laws, rules and regulations. The Allottee agrees to render all cooperation to
the Promoter in this regard as and when called upon by the Promoter without any
claim demand demur or protest.

SCHEDULE ‘A’
PART I
PROJECT LAND

ALL THAT the piece and parcel of land measuring 4.014 acres more or less, L.R. Khatian
No. – 12054, Mouza- Konnagar, J.L. No. 7, District- Hooghly, P.S. – Uttarpara, Ward No. -
1, Under Konnagar Municipality, and as per L.R. Khatian comprised in L.R. Dag Nos.1868,
1871, 1873, 1875, 1876, 1877, 1878, 1879, 1880, 1883 and 1884.

The said premises is delineated in the plan annexed hereto duly bordered thereon in
“Red” and butted and bounded as follows:

ON THE NORTH : By Government Housing;

ON THE SOUTH : Sokuntola Kali Temple;
ON THE EAST : C.S. Mukherjee Street;
ON THE WEST : Government Housing and W.B. Police Quarters;

OR HOWSOEVER OTHERWISE the same now are or is or heretofore were or was butted,
bounded, called, known, numbered, described or distinguished.
 46

PART II
(Devolution of Title)

A. The Central Government was the owner of the Project Land on and from 1st April,
1974 by virtue of the provisions of the Sick Textile Undertakings (Nationalisation)
Act, 1974.

B. The Central Government, while exercising its power under the aforesaid Act,
transferred the custody and ownership of the said Land unto and to National
Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited, absolutely and
forever.

C. The said National Textile Corporation (West Bengal, Assam, Bihar & Orissa)
Limited caused to be mutated its name in the records of the Konnagar
Municipality in respect of the said property.

D. The said National Textile Corporation (West Bengal, Assam, Bihar & Orissa)
Limited approached the Board for Industrial & Financial Construction (BIFR) for
sanction of a rehabilitation scheme, and by an order dated 15 th February, 2002,
BIFR sanctioned a scheme and approved sale of assets and surplus land of
National Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited.

E. In compliance with the aforesaid order dated 15 th February, 2002 the said
National Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited floated
a tender to sell the said Land, wherein the Owner herein, offered a sum of
Rs.2,81,00,000/- (Rupees Two Crores Eighty One Lakhs only), which was finally
accepted by the said National Textile Corporation (West Bengal, Assam, Bihar &
Orissa) Limited.

F. By a Deed of Conveyance dated 11 th August, 2007 made between National Textile

Corporation (West Bengal, Assam, Bihar & Orissa) Limited, therein referred to as
the Vendor of the One Part, and Happy Kutir Private Limited, the Owner herein,
 47

therein referred to as the Purchaser of the Other Part, and registered with
Additional Registrar of Assurances- III, Kolkata, in Book No. I, Volume No. 9, Pages
34 to 49, Being No. 502 for the year 2008, National Textile Corporation (West
Bengal, Assam, Bihar & Orissa) Limited sold conveyed and transferred unto and to
the Owner ALL THAT the said Land, absolutely and forever.

G. Consequent upon such purchase, Happy Kutir Private Limited became the owner
and seized and possessed of or otherwise well and sufficiently entitled to the said
Land.

H. Happy Kutir Private Limited, the Owner herein, thereafter, caused to be recorded
its name in the Record of Rights maintained in the Office of the B.L.&L.R.O.,
Serampore, Uttarpara, Hooghly, under L.R. Khatian No. 12054 in respect of the
said Land.

I. The said Happy Kutir Private Limited also caused to be mutated its name in the
records of the Konnagar Municipality as the owner of the said Land and the said
Land came to be known and renumbered as holding No.135, C.S. Mukherjee Road,
within Ward No. 1 of Konnagar Municipality.

SCHEDULE ‘B’

DESCRIPTION OF THE APARTMENT AND THE GARAGE/ COVERED PARKING/OPEN

PARKING (IF APPLICABLE)

ALL THAT the apartment being Flat No. ………. having, …………. sq ft Carpet area
approximately, on the …nd floor in Block No. .. (Part…..) (“Building”) as earmarked in the
Plan annexed hereto duly bordered thereon in red, in the Complex named Vinayak
Golden Acres at Konnagar, within the jurisdiction of Ward No. 1 of Konnagar
Municipality, under P.S. Uttarpara TOGETHER WITH …………………… space thereat,
 48

TO

SL. Particular Flat + GE

No Parking TH
.
ER
WI
TH
the
pro
por
tio
nat
e
un
divi
de
d
ind
ivis
ibl
e
im
partible share or interest in the land comprised beneath the building thereat and
appurtenant thereto.

SCHEDULE ‘C’

PAYMENT PLAN

The Total Price shall be paid by the Allottee in the following manner:
 49

1. Booking Amount
Rs. 50,000/-
2. Within 30 Days of booking/ On Agreement
10%
3. Within 60 Days of booking
10%
4. On Completion of Foundation of Block Booked
10%
5. On Completion of First Floor Casting of Block Booked
10%
6 On Completion of Second Floor Casting of Block Booked
10%
7 On Completion of Third Floor Casting of Block Booked
10%
8 On Completion of Roof Floor Casting of Block Booked 10%
9 On Completion of Brick Work of Flat Booked 10%
1 On Completion of Flooring of Flat Booked 10%
0
1 On Possession 10%
1
Car Parking Charges
1 Independent Covered Car Parking Space Rs. 2,30,000/-
UTILITY CHARGES (all mandatory)
Extra Development Charges Rs.70/- per
sq. ft.
Amenities Charges Rs.30/- per
sq. ft.
LEGAL EXPENSES (all mandatory)
Legal & Documentation Charges Rs. 15,000/-
ADDITIONAL (all mandatory payable on or before
possession as demand)
Advance Maintenance Charges (One Year’s maintenance) Rs. 24/- per
sq. ft. on SBA
Interest free maintenance Deposit Rs. 18/- per
sq. ft. on SBA
Municipal Deposit as per actual
Individual Electric Meter Deposits as per actual
Registration miscellaneous charges Rs. 6500/-
Other Important Terms & Conditions
Payment shall be made within 15 days of due date or interest at the rate
specified under HIRA Rules being SBI Prime Lending Rate Plus Two PerCent
per annum shall be chargeable
Cancellation Charges (i) Rs. 50,000 to be deducted before agreement (ii) 10%
of the total consideration to be deducted if cancelled after agreement.
Nomination Charges @Rs. 25/- per sqft allowed only after 12 months of
agreement.
 50

Goods & Services Tax, stamp duty, registration charges and any other taxes
leived by Government will be charged extra as per applicable clause.
Chequed to be issued in favour of “SiddhivinayakRealcon LLP” or “Vinayak
Golden Acres Escrow A/C”
Note: All the above details are subject to revision any moment without any
prior information.

BUILDING/BLOCK COMMON AREAS, AMENITIES AND FACILITIES :

1. Areas:

(a) Paths and passages, lobbies, staircases, landings of the Block and open
paths and passages appurtenant or attributable to the Block.

(b) Stair head room, caretaker room and electric meter room of the Block.

(c) Lift machine room, chute and lift well of the Block.

(d) Common installations on the Common Roof.

(e) Common staff toilet in the ground floor.

2. Water and Plumbing:

(a) Overhead water tank, water pipes and sewerage pipes of the Block (save
those inside any Flat).

(b) Drains, sewerage pits and pipes within the Block (save those inside any
Flat) or attributable thereto.

3. Electrical and Miscellaneous Installations:

(a) Electrical Installations including wiring and accessories (save those inside
any Flat) for receiving electricity from Electricity Supply Agency or
Generator(s) / Standby Power Source to all the Flats in the Block and
Common Portions within or attributable to the Block.
 51

(b) Lift and lift machinery of the Block.

(c) Fire fighting equipment and accessories, if any, in the Block as directed by
the Director of West Bengal Fire Services.

4. Others:

Other areas and installations and/or equipment as are provided in the Block for
common use and enjoyment.

B. COMMON AREAS, AMINIETIES AND FACILITIES OF THE PROJECT:

1. Areas:

(a) Open and/or covered paths and passages inside the Project.

(b) Boundary wall around the periphery of the Project and decorative gates for
ingress and egress to and from the Project.

(c) Visitors’ car park.

2. Water and Plumbing:

(a) Centralized water supply system for supply of water in common to all
Blocks in the Said Project.

(b) Main sewer, drainage and sewerage pits and evacuation pipes for all the
Blocks in the Project.

(c) Pumps and motors for water system for all Blocks and Common Portions of
the Project.

3. Electrical and Miscellaneous Installations:

(a) Wiring and accessories for lighting of Common Portions of the Said Project.
 52

(b) Generator(s) / Standby Power Source and accessories for provision of

standby power to the Common Portions of the Said Project.

(c) CCTV

(d) Common firefighting equipment for the Said Project, as directed by the
Director of West Bengal Fire Services.

4. Recreational Amenities:

(a) Space for Community Hall

(b) Gymnasium

© Swimming Pool

(d) Indoor Games Room

(e) Yoga Room

(f) Outdoor Play Area

(g) Multipurpose Games Court

(h) Adda zone

5. Others:

Other Common Portions and installations and/or equipment as are

provided or may be provided in future in the Said Project for common use
and enjoyment of all Flat owners.

SCHEDULE ‘E’
SPECIFICATIONS OF THE APARTMENT
 53

a) Super Structure :

RCC Frame Structure with monolithic concrete.

b) Lobby :

Vitrified Tiles

c) Sanitary Ware :

Chromium Plated Fittings

White Color Good Quality Porcelain Fixtures

d) Kitchen:

Floor : Anti Skid Ceramic Tiles

Counter Top : Marble with Steel Sink

Dado : Ceramic Tiles Up to 2 feet from counter top.

e) Toilets:

Floor : Anti Skid Ceramic Tiles

Dado : Ceramic Tiles up to door height

f) Windows :

Anodized Aluminum Frame with Fully Glazed Shutters.

g) Doors :

Main Door: Masonite Paneled Door.

Internal Door : Painted Flush Door.

h) Electricals :
 54

Concealed Copper Wiring, Modular Switches, MCB, TV Socket in Living Room, AC

point in Master Bedroom, Gezer point, Sufficient light and fan points.

i) Exterior Wall :

Weather Proof Exterior Finish Paint.

j) Interior Wall :

POP finish

k) Flooring (Living, Dining and all Bedrooms) :

Vitrified Tiles

l) Lift :

Of Reputed make

IN WITNESS WHEREOF the Parties hereto have hereunto set and subscribed their
respective hands and seals the day month and year first above written.
 55

SIGNED SEALED AND DELIVERED by

the withinnamed OWNER in the
presence of:

SIGNED SEALED AND DELIVERED by

the withinnamed PROMOTER in the
presence of:

SIGNED SEALED AND DELIVERED by

the withinnamed ALLOTTEE in the
presence of:
 56

MEMO OF CONSIDERATION

RECEIVED vide Cheque No. ……………, dated ………….

drawn on HDFC Bank, Munger Branch, from the
Allottee the within mentioned sum of Rs.54000/-
(Rupees Fifty Four Thousand only) along with Rs.54, 000/-
applicable GST paid as Booking amount in terms of
these presents.

(Rupees Fifty Four Thousand only)

WITNESS: PROMOTER

Dated this day of , 2018

57

BETWEEN

HAPPY KUTIR PRIVATE LIMITED

… OWNER
AND

SIDDHIVINAYAK REALCON LLP

… PROMOTER
AND

MR. DEEPAK ROY & ANR.

… ALLOTTEE

AGREEMENT FOR SALE

 THIS INDENTURE (“Indenture”) executed on this ………. day of ……………, Two

Thousand and Twenty Three Only (2023);

BETWEEN

HAPPY KUTIR PRIVATE LIMITED, a company within the meaning of the Companies Act,

2013, having its office at 5, Gorky Terrace, 2nd Floor, Kolkata 700 017, P.S. Shakespeare

Sarani, P.O. Circus Avenue, (PAN: AABCH8179H), represented by its Constituted Attorney

Mrs. Sushmita Karmakar, wife of Abhijit Karmakar residing at South A.B. Road, Near

RajalakhsmiBalika Vidyamandir, Fingapara, Barrackpore – I, PIN 743129 P.O. Fingapara,

P.S. Jagaddal (Aadhar No. 4683 7108 2454) duly authorized to enter into this Agreement

vide Registered Power of Attorney dated 14th December, 2016, hereinafter referred to as

the “OWNER” (which term or expression shall unless excluded by or repugnant to the

subject or context be deemed to mean and include its partners for the time being and such

other person or persons who may be admitted as the partners thereof from time to time

and their respective heirs, executors, administrators, legal representatives and/or

assigns) of the ONE PART;

AND

SIDDHIVINAYAK REALCON LLP (LLP Identification No.AAE-4579), a Limited Liability

Partnership, incorporated under the Limited Liabilities Partnership Act, 2008, and having

its office at having its office at Office Space No. 202, 2nd Floor, at Plot No. G-2, Block GP,

Sector V, Salt Lake, Kolkata 700 091, P.S. Electronic Complex, P.O. Electronic Complex

(PAN: ACWFS1807P), represented by its Authorized Signatory Mr. Raj Kumar Agarwal,

son of Late Shyam Sundar Agarwal, residing at 30/1, Ramlal Dutta Road, Bhadrakali, P.S.

Uttarpara, P.O. Bhadrakali (Aadhar No.5509 2027 6050) duly authorized to represent the
 2

LLP hereinafter referred to as the “Promoter” (which expression shall unless repugnant

to the context or meaning thereof be deemed to mean and include its successor-in-

interest, and permitted assigns) of the SECOND PART

AND

Mr./Ms. [∎] (Aadhar No. [∎]) son / daughter of[∎], aged about[∎], residing at[∎], (PAN

[∎]) hereinafter called the “ALLOTTEE” (which expression shall unless repugnant to the

context or meaning thereof be deemed to mean and include his/her heirs, executors,

administrators, successors, representatives and/or assigns) of the THIRD PART:

[OR]

(Please insert details of other allottee(s) in case of more than one allottee)

The Owner, Promoter and the Allottee shall hereinafter collectively be referred to as the

“parties” and individually as a “party”.

WHEREAS:

A. In these presents, unless there be something contrary or repugnant to the subject

or context, the following terms (whether used as capitalized terms or not) shall

have the respective meanings which have been assigned thereto:

1) “Act” means the West Bengal Housing Industry Regulation Act, 2017 (30

of 2017).

2) “Allottee” means the person to whom an apartment in the Project has

been allotted, sold or otherwise agreed to be allotted, sold or transferred

 3

by the Promoter, and includes the person who subsequently acquires the

said allotment through sale, transfer or otherwise but does not include a

person to whom such apartment is given on rent.

3) “Apartment”, whether called a dwelling unit or flat or premises or suit or

tenement or unit or by any other name, means a separate and self-

contained part of the Project and includes one or more rooms or enclosed

spaces located on one or more floors or any part thereof, used or intended

to be used for any residential purpose.

4) “Association” shall mean an association of all the allottees of the Project

(including the Promoter for such Units not alienated or agreed to be

alienated by the Promoter) formed or that may be formed hereafter in

accordance with the terms of the West Bengal Apartment Ownership Act,

1972 at the instance of the Promoter for the Common Purposes with such

rules and regulations as shall be framed by the Promoter.

5) “Building” shall mean the new building constructed or proposed to be

constructed by the Promoter in accordance with the Sanctioned Plan and

includes such open or covered areas, constructions and/or structures

therein, as may be constructed by the Promoter in the said Project Land

from time to time.

6) “Built-Up Area” and/or “Covered Area” in relation to an Apartment shall

mean the floor area of that Apartment including the area of balconies and

terraces, if any attached thereto, and also the thickness of the walls
 4

(external or internal) and the columns and pillars therein Provided That if

any wall, column or pillar be common between two Apartments, then one-

half of the area under such wall column or pillar shall be included in the

built-up area of each such Apartment.

7) “Carpet Area” shall mean the net usable floor area of an Apartment,

excluding the area covered by the external walls, areas under services

shafts, exclusive balcony or verandah areas and exclusive open terrace

areas, but incudes the area covered by the internal partition walls of the

Apartment, as more particularly defined in the Act.

8) “Common Expenses” shall mean and include all expenses for the

maintenance, management and upkeep of the Building, the Common Areas

including the Project and the Project Land, and also the expenses for

Common Purposes of the Allottees and shall be payable proportionately by

the Allottee periodically as part of maintenance charges.

9) “Common Purposes” shall include the purposes of managing and

maintaining the Project and the Building, and in particular the Common

Areas, rendition of services in common to the Allottees, collection and

disbursement of the Common Expenses and dealing with the matters of

common interest of the Allottees and relating to their mutual rights and

obligations for the beneficial use and enjoyment of their respective

Apartments exclusively and the Common Areas in common.

 5

10) “Garage” shall mean such spaces in the Project that may be sanctioned by

the competent authority as a garage or parking space.

11) “Maintenance Agency” shall mean the Owner for the time being and,

upon its formation in terms of rules of the Association, for the Common

Purposes.

12) “Common Areas, Amenities & Facilities” shall mean the common areas,

amenities, installations and facilities in the Building and/or the Project or

the Project Land, more particularly mentioned in the THIRD SCHEDULE

hereto.

13) “Project” shall mean the work of development undertaken, completed

and/or to be undertaken and completed by the Promoter in respect of the

Project Land and/or any modification or extension thereof till such

development of the Project Land is completed and possession of the

completed Apartments therein are made over to the respective Allottees.

14) “Project Land” shall mean the land more particularly mentioned and

described in PART – A of the FIRST SCHEDULE hereunder written.

15) “Proportionate” with all its cognate variations shall mean the ratio the

Carpet Area of any Apartment in the Project may bear to the Carpet Area

of all the Apartments in the Project.

 6

16) “Proportionate Undivided Share” in relation to an Apartment shall mean

the proportionate variable undivided indivisible and impartible share in

the Project including the Project Land and the Common Areas that is

attributable to such Apartment at any point of time.

17) “Allottee” shall mean and include :

(a) If he be an individual, then the heirs, executors, successors,

administrators, legal representatives and permitted assigns of

such individuals.

(b) If it be a Hindu Undivided Family, then the members of such Hindu

Undivided Family from time to time and their respective heirs,

executors, successors, administrators, legal representatives and

permitted assigns.

(c) If it be a company, then the successors-in-interest and permitted

assigns of such Company.

(d) If it be a partnership firm, then the partners of such partnership

firm from time to time and their respective heirs, executors,

successors, administrators, legal representatives and permitted

assigns.

(e) If it be a Trust, then the Trustees of such Trust from time to time

and their respective successors-in-office and permitted assigns.

(f) If it be a sole proprietorship firm, then the proprietor thereof and

the heirs, executors, successors, administrators, legal

representatives and permitted assigns of such proprietor.

 7

18) “Regulations” means the Regulations made under the West Bengal

Housing Industry Regulation Act, 2017.

19) “Rights on Allottee's Default” shall mean the rights mentioned in the

SIXTH SCHEDULE hereto to which the Association and/or the

Maintenance Agency shall be entitled in case of any default or breach by

the Allottee.

20) “Rules” means the West Bengal Housing Industry Regulation Rules, 2017

made under the West Bengal Housing Industry Regulation Act, 2017.

21) “Said Apartment” shall mean the Said Apartment, the said Garage, (if

any), Said Undivided Share and the right of common use of the Common

Areas, Amenities and Facilities more particularly mentioned and described

in PART-I of the SECOND SCHEDULE hereunder written.

22) “Said Sale Agreement” shall mean the Agreement dated ……………… made

between the Promoter herein, therein also referred to as the Promoter of

the Second Part, and the Allottee herein, therein also referred to as the

Allottee of the Third Part, whereby the Promoter agreed to sell and the

Allottee agreed to purchase the Said Unit at and for the consideration and

on the terms and conditions, therein contained.

23) “Said Undivided Share” shall mean the proportionate variable undivided

indivisible and impartible share or interest in the Project Land and the

Common Areas attributable to the Said Apartment.

 8

24) “Sanctioned Plans” shall mean the plan sanctioned by the Konnagar

Municipality, vide Building Permit No. 2/12/17 dated 20/12/2017 for

construction of the Buildings on the Project Land and shall include any

other plan or plans sanctioned by any other department or departments

authorised to do so.

25) “Super Built-Up Area” of an Apartment shall mean the Built-Up Area of

such Apartment and the Proportionate Undivided Share attributable to

such Apartment.

26) “Masculine” gender shall include the “Feminine” and “Neuter” genders

and vice versa.

27) “Singular” number shall include the “Plural” and vice versa.

B. The Owners are the sole and absolute owners of the Project Land.

C. The facts describing the devolution of title of the Owner to the Project Land is

more particularly mentioned in the Part II of the FIRST SCHEDULE hereto.

D. By the Said Sale Agreement, the Promoter agreed to sell and the Allottee agreed to

purchase ALL THAT the Said Apartment at or for the consideration and on the

terms and conditions, morefully therein contained.

 9

E. The Promoter has since caused to be completed construction of the Said

Apartment in accordance with the Sanctioned Plans.

F. The Allottee having fully inspected and being completely satisfied with the quality,

workmanship and specification of construction of the Said Apartment, has been

handed over vacant and peaceful possession of the Said Apartment prior to the

date of execution of these presents.

G. Now at the request of the Allottee, the Promoter has in terms of the Said Sale

Agreement agreed to execute and register these presents in favour of the Allottee

in the manner as hereinafter contained.

H. It is recorded that at or before execution of these presents, the Allottee has by

obtaining independent professional services, examined and fully satisfied himself

as to the following:

(a) The title of the Owner and the Promoter to the Project Land and also the

Said Apartment;

(b) The terms, conditions, restrictions and obligations contained in the Said

Sale Agreement and these presents to be complied with and/or observed

and performed by the Allottee during his period of ownership of the Said

Apartment;

(c) The Sanctioned Plans;

(d) The total Carpet Area, Built-up Area and Super Built-up Area in respect of

the Said Apartment;

(e) The specifications of materials used for construction of the Said

Apartment and the Buildings;

 10

and has agreed not to raise henceforth any objection or make any kind of

requisition, whatsoever or howsoever, regarding the above and also waives his

right, if any, to do so.

I. NOW THIS INDENTURE WITNESSETH that in the premises aforesaid and in

consideration of the sum of Rs. ……….. /- (Rupees ………………………. only) by the Allottee to

the Promoter paid at or before the execution hereof (the receipt whereof the Promoter

doth hereby as also by the receipt and memo of consideration hereunder written admit

and acknowledge and of and from the payment of the same and every part thereof doth

hereby acquit release and forever discharge the Allottee and the Said Apartment being

hereby conveyed), the Promoter doth hereby grant convey sell transfer release assign and

assure unto and in favour of the Allottee ALL THAT the Said Apartment, more particularly

mentioned and described in the SECOND SCHEDULE hereunder written, TOGETHER

WITH the right to use and enjoy the Common Areas, Amenities and Facilities in common

with the other allottees of the Project AND reversion or reversions remainder or

remainders and the rents issues and profits of and in connection with the Said Apartment

AND all the estate right title interest property claim and demand whatsoever of the

Promoter into or upon the Said Apartment AND TOGETHER WITH all easements or

quasi-easements and other stipulations and provisions in connection with the beneficial

use and enjoyment of the Said Apartment TO HAVE AND TO HOLD the Said Apartment

and every part thereof unto and to the use of the Allottee absolutely and forever SUBJECT

NEVERTHELESS TO the Allottee’s covenants and agreements hereunder contained and

on the part of the Allottee to be observed fulfilled and performed (including the

restrictions terms conditions covenants and obligations setforth in the Said Sale

Agreement and agreed to be paid, performed, observed and fulfilled by the Allottee during

the period of his ownership of the Said Apartment) AND ALSO SUBJECT to the Allottee
 11

paying and discharging all municipal and other rates taxes and impositions on the Said

Apartment wholly, and the Common Expenses, as more fully and particularly mentioned

and described in the FOURTH SCHEDULE hereunder written proportionately, and all

other outgoings in connection with the Said Apartment wholly and the Project and in

particular the Common Areas proportionately.

II. THE OWNERS AND THE PROMOTER DOTH HEREBY COVENANT WITH THE

ALLOTTEE as follows:-

i) The right, title and interest which the Owners and the Promoter doth hereby

profess to transfer subsists and that the Owners and the Promoter have good

right, full power and absolute authority to grant, sell, convey, transfer, assign and

assure unto and to the use of the Allottee, the Said Apartment in the manner

aforesaid.

ii) It shall be lawful for the Allottee, from time to time and at all times hereafter to

peaceably and quietly, but subject nevertheless to the provisions herein

contained, to hold use and enjoy the Said Apartment and every part thereof and to

receive the rents issues and profits thereof without any interruption disturbance

claim or demand whatsoever from or by the Owner or any person or persons

claiming through under or in trust for them or any of them AND freed and cleared

from and against all manner of encumbrances trusts liens and attachments

whatsoever save only those as are expressly mentioned herein.

iii) The Promoter for the time being, and subsequently the Association, after handing

over the charge of maintenance and management of the Project and the Common
 12

Areas to the Association by the Promoter, shall from time to time and at all times

hereafter upon every reasonable request and at the costs of the Allottee make do

acknowledge execute and perfect all such further and/or other lawful and

reasonable acts deeds matters and things whatsoever for further better and more

perfectly assuring the Said Apartment hereby granted sold conveyed and

transferred unto and to the Allottee in the manner aforesaid as shall or may be

reasonably required by the Allottee.

iv) The Promoter for the time being, and the Association, upon the Promoter handing

over all documents of title to the Association, shall unless prevented by fire or

some other irresistible force or accident from time to time and at all times

hereafter upon every reasonable request and at the costs of the Allottee produce

or cause to be produced to the Allottee or to his attorneys or agents at or before

any trial, examination or commission for inspection or otherwise as occasion shall

require the title deeds in connection with the Project and also shall at the like

request and costs of the Allottee deliver to the Allottee such attested or other

copies or extracts therefrom as the Allottee may require and will in the meantime

unless prevented as aforesaid keep the same safe unobliterated and uncancelled.

III. THE ALLOTTEE DOTH HEREBY COVENANT WITH THE PROMOTER as follows:

1. The Allottee agrees and binds himself that the Allottee shall and will at all times

hereafter and during the period of his ownership of the Said Apartment abide by

and observe the restrictions set-forth in the FIFTH SCHEDULE hereunder written

and also those as contained in the Said Sale Agreement.

 13

2. The Allottee has also examined and satisfied himself about all the permissions and

licenses issued by the concerned authorities, including those relating to

occupation of the Building, installation, maintenance and user of lift, tube-well,

generator and other utilities and facilities at the Project and fire safety under the

West Bengal Fire Service Act, 1950 and rules made thereunder and also

acquainted himself and accepted and agree to comply with the norms, conditions,

rules and regulations with regard to the use and enjoyment thereof as well as of

water, electricity, drainage, sewerage, etc.

3. As from the date hereof, the Allottee binds himself to regularly and punctually pay

the following amounts and outgoings:

i) Municipal and/or other rates and taxes, surcharge and water tax, if any

and as assessed on the Said Apartment, directly to the competent

authority Provided That so long as the Said Apartment is not separately

assessed for the purpose of such rates and taxes, the Allottee shall pay to

the Maintenance Agency proportionate share of all such rates and taxes

assessed on the Project, as the case may be.

ii) All other impositions, levies, cess, taxes and outgoings (including

Multistoreyed Building Tax, Urban Land Tax, betterment fees,

development charges, Goods and Services Tax, etc.) whether existing or as

may be imposed, increased or enhanced or levied at any time in future on

the Said Apartment or on the Project by any Government or Statutory

Authority or Authorities, wholly in case the same relates to the Said

 14

Apartment and proportionately in case the same relates to the Project, as

the case may be.

iii) Electricity charges for electricity consumed in or relating to the Said

Apartment directly to electricity supplying body or the Maintenance

Agency, as the case may be.

iv) Maintenance charges and proportionate share of all Common Expenses

(excluding any contribution towards major repairs, renovation, etc. in or

for the Building, as may be required at any time in future) as shall be

assessed on the Said Apartment and demanded from time to time by the

Promoter or, upon its formation, the Association, as the case may be. The

said maintenance charges and the proportionate share of all Common

Expenses shall however be subject to revision from time to time as be

deemed fit and proper by the Promoter, or the Association upon its

formation, after taking into account the common services provided at the

Project.

3.1 All payments mentioned herein shall, unless so otherwise mentioned, in case the

same be monthly payments, shall be made to the Owner or upon its formation, to

the Association, within 7 days of each and every month for which the same

becomes due and otherwise within 7 days of the Promoter or its nominee leaving

its bill for or demanding the same at the above address of the Allottee and the

Allottee shall keep the Promoter and the Association, upon its formation,

indemnified against all losses damages costs claims demands actions and

proceedings that may arise due to non payment or delay in payment thereof.
 15

3.2 The apportionment of the liability of the Allottee in respect of any item of

expenses, tax, duty, levy or outgoings payable by the Allottee in respect of the Said

Apartment shall be done by the Promoter and the Association upon its formation

and the same shall be final and binding on the Allottee and the Allottee shall not

be entitled to raise any dispute or objection of any nature whatsoever nor shall

the Allottee be entitled to hold the Promoter or its nominee or the Association

responsible to furnish any accounts, vouchers, bills, documents etc. or render

explanation of expenses incurred by it in any manner.

4. The Allottee shall, in case already not so done, within 6 months from the date

hereof apply for and obtain separate assessment of the Said Apartment from the

competent authority or other local body, such as Kolkata Municipal Corporation,

and the Promoter shall sign necessary papers and declarations as may be

required. In case the Allottee fails to have such separation effected, then the

Promoter shall be at liberty to have the same effected as the constituted attorney

of and at the costs and expenses of the Allottee.

5. The Allottee shall permit the Promoter and, upon its formation, the Association

and their surveyors or agents with or without workmen and others at all

reasonable times upon 48 hours prior notice, except in case of emergency, to enter

into and upon the Said Apartment and every part thereof for the purpose of

repairing reinstating rebuilding cleaning lighting and keeping in order and good

condition the sewers drains pipes cables water courses gutters wires structures

or other conveniences belonging to or serving or used for the Building and also for

the purpose of laying down reinstating repairing and testing drainage and water
 16

pipes and electric wires and cables and for similar purposes and also to view and

examine the state and condition of the Said Apartment and the Allottee shall make

good all defects leakages and want of repairs within 7 days from the date of

receiving notice in writing from the Promoter or the Association.

6. From the date of execution hereof and till the continuance of its ownership of the

Said Apartment, the Allottee shall:

i) use the Said Apartment only for the purpose of private dwelling or

residence of respectable persons in a decent and respectable manner and

for no other purposes;

ii) use the Garage, if any, is expressly allotted to the Allottee hereunder, only

for the purpose of parking of his own medium sized motor vehicles and/or

two-wheeler vehicles, as the case may be;

iii) not use the roof of the Building for hanging or drying of clothes, bathing or

other undesirable purposes or such purpose which may cause any

nuisance or annoyance to the other allottees;

iv) use the Common Areas in common with the other allottees only to the

extent required for ingress and to egress from the Said Apartment of men

materials and utilities and also to keep the same in a clean and orderly

manner free from obstructions and encroachments and not store or allow

anyone else to store any goods articles or things in the staircase, lobby,

landings, pathways, passages or in any other common areas of the Project.

 17

7. The Allottee shall not do or permit to be done any act or thing which is likely to

cause nuisance, annoyance or danger to the other allottees and/or the Promoter,

as the case may be.

8. The Allottee shall not make any additions or alterations to the Said Apartment

(including internal partition walls, etc.) nor to the Building nor shall change or

alter or permit the alteration in the outside colour scheme of the exposed walls or

any external walls or the elevation or façade of the Building or the Said Apartment

or the Project and also not to decorate or paint or clad the exterior of the Said

Apartment otherwise than in the manner as be agreed to by the Promoter or the

Association in writing.

9. The Allottee shall abide by, observe and perform all rules regulations and

restrictions from time to time and at all times during his period of ownership of

the Said Apartment made in force by the Promoter or the Association (including

those contained in the Said Sale Agreement and in these presents) or the

appropriate authorities for the user and management of the Project and every

part thereof and in particular the Common Areas.

IV. AND IT IS HEREBY MUTUALLY AGREED DECLARED AND RECORDED BY AND

BETWEEN THE PARTIES HERETO as follows:

a) The properties benefits and rights hereby conveyed unto and in favour of the

Allottee is and shall be one lot and shall not be partitioned or dismembered in part

or parts and the Allottee shall also not claim any division or partition in the
 18

Project Land towards its Said Undivided Share appurtenant to the Said Apartment.

It is further agreed and clarified that any transfer of the Said Apartment by the

Allottee shall not be in any manner inconsistent herewith and the covenants

herein shall run with the land and the transferee of the Allottee shall be bound to

abide by the rules and regulations framed for the Building and become a member

of the Association.

b) All the units and other constructed areas as well as the other open and covered

spaces in the Building or the Project Land, as the case may be, until the same be

disposed of by the Promoter, shall remain the exclusive property of the Promoter,

and the Allottee shall not claim any right or share therein.

c) After the allotment and transfer of all the Apartments in the Building or earlier or

within three years from the date of obtaining the completion certificate in respect

of the Project, as the case may be, the Association of the allottees shall be formed

and the Allottee shall become the member thereof, each allottee having voting

rights therein in accordance with the Act and the Rules. The Allottee shall,

alongwith the other allottees, sign and execute all papers, documents, declarations

and applications for the purpose of formation of the Association and its taking

charge of the acts relating to the Common Purposes in accordance with the terms

already agreed under the Said Sale Agreement.

d) Until such time the Association is formed and takes charge of the acts relating to

the Common Purposes or until the expiry of three months of a notice in writing

given by the Promoter to the Allottee and the other allottees to take charge of the

acts relating to the Common Purposes whichever be earlier, the Promoter or its
 19

nominees shall manage and maintain the Project and in particular the Common

Areas and look after the Common Purposes subject however to the Allottee

making payment of the proportionate share of maintenance charges, the Common

Expenses and all other charges and expenses in terms hereof.

e) Upon formation of the Association and its taking charge of the acts relating to the

Common Purposes or the expiry of the notice period mentioned in the clause

immediately preceding, all the rights and obligations with regard to the Common

Purposes shall be and/or stood transferred by the Promoter and/or its nominee

to the Association or the other allottees. All references to the Promoter herein

with regard to the Common Purposes shall thenceforth be deemed to be reference

to the Association and/or all the other allottees.

f) In the event of the Allottee failing and/or neglecting or refusing to make payment

or deposits of the maintenance charges, municipal rates and taxes, Common

Expenses or any other amounts payable by the Allottee under these presents

and/or in observing and performing the covenants terms and conditions of the

Allottee hereunder, then the Promoter and upon its formation and taking charge

of the acts relating to the Common Purposes, the Association, shall be entitled to:-

(i) claim interest at the rate per annum as prescribed under HIRA Rules on all

the outstanding amounts.

(ii) to demand and directly realise the amounts becoming due and payable to

the Allottee by any tenant or licensee or other occupant in respect of the

Said Apartment.

(iii) discontinue supply of water to the Said Apartment.

(iv) Disconnect electricity in the Said Apartment.

 20

(v) withhold and stop use of all other utilities and facilities (including lift) to

the Allottee and his family members, guests, tenants or licensees.

g) The bills for maintenance charges / Common Expenses, electricity charges, etc.

payable by the Allottee to the Promoter and/or their nominees and upon its

formation to the Association, shall be deemed to have been served upon the

Allottee, in case the same is left in the Said Apartment or in the letter box in the

ground floor of the Buildings and earmarked for the Said Apartment.

h) The Project shall together at all times as a housing complex bear the name

“Vinayak Golden Acres” or such other name as be decided by the Promoter from

time to time and none else.

THE FIRST SCHEDULE ABOVE REFERRED TO :

PART – I

(Description of the Project Land)

ALL THAT the piece and parcel of land measuring 4.014 acres more or less, L.R. Khatian

No. – 12054, Mouza- Konnagar, J.L. No. 7, District- Hooghly, P.S. – Uttarpara, Ward No. -1,

Under Konnagar Municipality, and as per L.R. Khatian comprised in L.R. Dag Nos.1868,

1871, 1873, 1875, 1876, 1877, 1878, 1879, 1880, 1883 and 1884.

The said premises is delineated in the plan annexed hereto duly bordered thereon in

“Red” and butted and bounded as follows:

ON THE NORTH : By Government Housing;

ON THE SOUTH : Sokuntola Kali Temple;

ON THE EAST : C.S. Mukherjee Street;

 21

ON THE WEST : Government Housing and W.B. Police Quarters;

OR HOWSOEVER OTHERWISE the same now are or is or heretofore were or was

situated butted bounded called known numbered described or distinguished.

PART – II

(DEVOLUTION OF TITLE)

A. The Central Government was the owner of the Project Land on and from 1st April,

1974 by virtue of the provisions of the Sick Textile Undertakings (Nationalisation)

Act, 1974.

B. The Central Government, while exercising its power under the aforesaid Act,

transferred the custody and ownership of the said Land unto and to National

Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited, absolutely and

forever.

C. The said National Textile Corporation (West Bengal, Assam, Bihar & Orissa)

Limited caused to be mutated its name in the records of the Konnagar

Municipality in respect of the said property.

D. The said National Textile Corporation (West Bengal, Assam, Bihar & Orissa)

Limited approached the Board for Industrial & Financial Construction (BIFR) for

sanction of a rehabilitation scheme, and by an order dated 15th February, 2002,

BIFR sanctioned a scheme and approved sale of assets and surplus land of

National Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited.
 22

E. In compliance with the aforesaid order dated 15th February, 2002 the said

National Textile Corporation (West Bengal, Assam, Bihar & Orissa) Limited floated

a tender to sell the said Land, wherein the Owner herein, offered a sum of

Rs.2,81,00,000/- (Rupees Two Crores Eighty One Lakhs only), which was finally

accepted by the said National Textile Corporation (West Bengal, Assam, Bihar &

Orissa) Limited.

F. By a Deed of Conveyance dated 11th August, 2007 made between National Textile

Corporation (West Bengal, Assam, Bihar & Orissa) Limited, therein referred to as

the Vendor of the One Part, and Happy Kutir Private Limited, the Owner herein,

therein referred to as the Purchaser of the Other Part, and registered with

Additional Registrar of Assurances- III, Kolkata, in Book No. I, Volume No. 9, Pages

34 to 49, Being No. 502 for the year 2008, National Textile Corporation (West

Bengal, Assam, Bihar & Orissa) Limited sold conveyed and transferred unto and to

the Owner ALL THAT the said Land, absolutely and forever.

G. Consequent upon such purchase, Happy Kutir Private Limited became the owner

and seized and possessed of or otherwise well and sufficiently entitled to the said

Land.

H. Happy Kutir Private Limited, the Owner herein, thereafter, caused to be recorded

its name in the Record of Rights maintained in the Office of the B.L.&L.R.O.,

Serampore, Uttarpara, Hooghly, under L.R. Khatian No. 12054 in respect of the

said Land.

I. The said Happy Kutir Private Limited also caused to be mutated its name in the

records of the Konnagar Municipality as the owner of the said Land and the said
 23

Land came to be known and renumbered as holding No.135, C.S. Mukherjee Road,

within Ward No. 1 of Konnagar Municipality.

THE SECOND SCHEDULE ABOVE REFERRED TO:

PART – I

(SAID APARTMENT)

DESCRIPTION OF THE APARTMENT

ALL THAT the apartment being Flat No. __ having Carpet Area of ___ square feet, on the

___ floor in building _____ (“Building”) in the Complex named Vinayak Golden Acres at

Konnagar, within the jurisdiction of Ward No. 1 of Konnagar Municipality, under P.S.

Uttarpara TOGETHER WITH ______ car parking space thereat, TOGETHER WITH the

proportionate undivided indivisible impartible share or interest in the Common Areas of

the said Project butted and bounded as follows. A layout plan of the said Apartment is

annexed herewith.

THE THIRD SCHEDULE ABOVE REFERRED TO:

(COMMON AREAS, AMENITIES AND FACILITIES)

(Common Areas divided proportionately amongst the Apartment Holders)

A. BUILDING/BLOCK COMMON AREAS, AMENITIES AND FACILITIES :

1. Areas:

(a) Covered paths and passages, lobbies, staircases, landings of the Block and
open paths and passages appurtenant or attributable to the Block.

(b) Stair head room, caretaker room and electric meter room of the Block.
 24

(c) Lift machine room, chute and lift well of the Block.

(d) Common installations on the Common Roof.

(e) Common staff toilet in the ground floor.

2. Water and Plumbing:

(a) Overhead water tank, water pipes and sewerage pipes of the Block (save
those inside any Flat).

(b) Drains, sewerage pits and pipes within the Block (save those inside any
Flat) or attributable thereto.

3. Electrical and Miscellaneous Installations:

(a) Electrical Installations including wiring and accessories (save those inside
any Flat) for receiving electricity from Electricity Supply Agency or
Generator(s) / Standby Power Source to all the Flats in the Block and
Common Portions within or attributable to the Block.

(b) Lift and lift machinery of the Block.

(c) Fire fighting equipment and accessories, if any, in the Block as directed by
the Director of West Bengal Fire Services.

4. Others:

Other areas and installations and/or equipment as are provided in the Block for
common use and enjoyment.

B. COMMON AREAS, AMINIETIES AND FACILITIES OF THE PROJECT:

1. Areas:

(a) Open and/or covered paths and passages inside the Project.

(b) Boundary wall around the periphery of the Project and decorative gates
for ingress and egress to and from the Project.
 25

(c) Visitors’ car park.

2. Water and Plumbing:

(a) Centralized water supply system for supply of water in common to all
Blocks in the Said Project.

(b) Main sewer, drainage and sewerage pits and evacuation pipes for all the
Blocks in the Project.

(c) Pumps and motors for water system for all Blocks and Common Portions
of the Project.

3. Electrical and Miscellaneous Installations:

(a) Wiring and accessories for lighting of Common Portions of the Said
Project.

(b) Generator(s) / Standby Power Source and accessories for provision of

standby power to the Common Portions of the Said Project.

(c) CCTV

(d) Common firefighting equipment for the Said Project, as directed by the
Director of West Bengal Fire Services.

4. Recreational Amenities:

(a) Space for Community Hall

(b) Gymnasium

© Swimming Pool

(d) Indoor Games Room

(e) Yoga Room

(f) Outdoor Play Area

(g) Multipurpose Games Court

 26

(h) Adda zone

5. Others:

Other Common Portions and installations and/or equipment as are

provided or may be provided in future in the Said Project for common use
and enjoyment of all Flat owners.

THE FOURTH SCHEDULE ABOVE REFERRED TO:

(Common Expenses)

1. MAINTENANCE: All costs and expenses of maintaining repairing redecorating

and renewing etc., of the main structure and in particular the top roof (only to the

extent of leakage and drainage to the upper floors), gutters, water pipes for all

purposes, drains, electric cables, and wires in under or upon the Said Building/s

and enjoyed or used by the flat-owners in common with each other, main

entrance and exit gates, landings and staircases of the said Building/s and enjoyed

by the flat-owners in common as aforesaid and the boundary walls of the said

Premises, compounds etc. The costs of cleaning and lighting the main entrance

and exit gates, passage, driveway, landings, staircases and other parts of the said

Premises so enjoyed or used by the flat-owners in common as aforesaid and

keeping the adjoining side spaces in good and repaired conditions.

2. OPERATIONAL: All expenses for running and operating all machines equipments

and installations comprised In the Common Areas and Installations (including,

Lifts, Water Pump with Motor, Generator, Fire Fighting Equipments and

accessories, CCTV, Security Systems, Deep Tube Well, Equipments and accessories

in or for the Club or the air-conditioned hall etc.) and also the costs of repairing,

renovating and replacing the same including the costs/charges incurred/to be

 27

incurred for entering into “Annual Maintenance Contracts” or other periodic

maintenance contracts for the same.

3. STAFF : The salaries of and all other expenses of the staffs to be employed for the

common purposes (e.g. security, electrician, maintenance persons, caretaker,

plumber, administration persons, accountant, clerk, gardeners, sweepers, liftmen

etc.) including their bonus, other emoluments, benefits etc.

4. TAXES : Municipal and other rates, taxes and levies and all other outgoings, if any,

in respect of the said Premises (save those assessed separately in respect of any

Apartment).

5. INSURANCE : Insurance premium, if Incurred for insurance of the said Building/s

and also otherwise for insuring the same against earthquake, damages, fire,

lightning, mob, violence, civil commotion (and other risks, if insured).

6. COMMON UTILITIES: Expenses for serving / supply of common facilities and

utilities and all charges incidental thereto.

7. COMMON SECURITY: Expense for providing Security for the said Building/Said

Premises by such Nos. of Security Personals as may be deem fit and proper by

Owner or Owners Association on its formation.

8. AMC: AMC cost of all installations of the faculties/amenities installed in common

areas or within the said Premises including Lift, Generator, Fire Fighting System,

CCTV, Intercom, etc.

9. RESERVES: Creation of funds for replacement, renovation and/or other periodic

expenses.

10. OTHERS: All other expenses and/or outgoings including litigation expenses as are

incurred by the Maintenance in-charge for the common purposes.

THE FIFTH SCHEDULE ABOVE REFERRED TO:

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(Restrictions imposed on the Allottee).

1. The Allottee agrees undertakes and covenants to:

a) comply with and observe the Rules, Regulations and bye-laws relating to

the Act including such rules and regulations as may be framed by the

Owner /Maintenance Agency / Association from time to time;

b) permit the Owner, Maintenance Agency and Association and their

respective men agents and workmen to enter into the Said Apartment for

the Common Purposes of the Project;

c) deposit the amounts for various purposes as may be required by the

Owner / Maintenance Agency or the Association;

d) use the Project Common Areas without causing any hindrance or

obstruction to other Allottees of the Project and/or occupants of the

Buildings;

e) keep the Said Apartment and party walls, sewers, drains pipes, cables,

wires, entrance and main entrance serving any other Apartment in the

Buildings and/or in the Project in good and substantial repair and

condition so as to support shelter and protect and keep habitable the

other Apartments /parts of the Buildings;

f) in particular and without prejudice to the generality of the foregoing, not

to make any form of alteration in or cut or damage the beams and columns

passing through the Said Apartment or the Project Common Areas for the

purpose of fixing, changing or repairing the concealed wiring and pipelines

or otherwise;
 29

g) use and enjoy the Project Common Areas only to the extent required for

ingress to and egress from the Said Apartment of men materials and

utilities;

h) sign and deliver to the Promoter all papers applications and documents

for obtaining separate electricity meter or electricity connection for and in

respect of the Said Apartment from the service provider in the name of the

Allottee and until the same is obtained, the Owner may provide or cause to

be provided reasonable quantum of electricity to be drawn by the Allottee

at his cost upon installation of electricity sub-meter in or for the Said

Apartment and the Allottee shall pay all charges for electricity on the basis

of reading of such sub-meter and as billed by the Promoter;

i) bear and pay the Common Expenses and other outgoings in respect of the

Project proportionately, and the Said Apartment wholly;

j) pay municipal corporation taxes and all other rates taxes levies duties

charges and impositions outgoings and expenses in respect of the

Buildings and the Said Project proportionately, and the said Apartment

wholly, and to pay proportionate share of such rates and taxes payable in

respect of the said Apartment until the same is assessed separately by the

municipal corporation;

k) pay monthly common area maintenance charges for the maintenance of

the Buildings, open areas, common areas, paths, passages as a whole, at

such rate as may be quantified by the Promoter at the appropriate time;

l) pay for gas, generator, integrated communication facilities, cable TV and

other utilities consumed in or relating to the said Apartment;

m) allow the other Apartment Owners the right of easements and/or quasi-

easements;
 30

n) regularly and punctually make payment of the Common Expenses,

Maintenance Charges, Generator / Electricity Charges, Municipal

Corporation Taxes and other payments mentioned herein within seven

days of receipt of demand or relevant bill, whichever be earlier;

o) observe and comply with such other covenants as be deemed reasonable

by the Promoter for the Common Purposes;

p) not to use the Said Apartment or permit the same to be used for any

purpose other than a private dwelling place of families;

q) not to do or suffer any thing to be done in or about for the Said Apartment

which may cause or tend to cause or tantamount to cause any damages to

the floors or ceiling of the Said Apartment or in any manner interfere with

the use and enjoyment thereof or of any open spaces, passages or

amenities available for common use;

r) not to demolish or cause to be demolished the Said Apartment or any part

thereof at any time or any part of the said Buildings or the fittings and

fixtures thereof;

s) not to make in the Said Apartment any structural alterations of a

permanent nature except with the prior approval in writing of the

Promoter and/or the municipal corporation and all other concerned or

statutory authorities;

t) not to carry out or permit to be carried out any illegal or immoral or

hazardous activities in the Said Apartment;

u) not to store or keep any hazardous or dangerous or combustible or

exceptionally heavy materials or things in the Said Apartment or to hang

from or attach to the rafters or beams any heavy materials which may

damage or endanger the structural stability of the Buildings;

 31

v) not to put any nameplate or letter box or neon-sign or board in the Phase

Common Areas or the Project Common Areas or on the outside wall of the

Buildings save at the place as be approved or provided by the Promoter

Provided However that nothing contained herein shall prevent the

Allottee from putting a decent nameplate on the outer face of the main

door of the Said Apartment;

w) not to open out any additional window or fix any grill box or grill or ledge

or cover or any other apparatus protruding outside the exterior of the Said

Apartment or any portion thereof;

x) not to install or fix air-conditioners, dish antennas or other apparatus on

the exterior walls of the Buildings, save at places specified / fixed and in a

manner as indicated by the Promoter;

y) not to do or permit to be done any act deed or thing which may render

void or voidable any policy of Insurance of any Apartment or any part of

the Buildings or the Project or may cause any increase in the premium

payable in respect thereof;

z) not to decorate the exterior of the Buildings otherwise than in the manner

agreed by the Promoter /Maintenance Agency/Association in writing or in

the manner as nearly as may be in which it was previously decorated;

aa) not to store or permit any one to store any goods or things and neither to

deposit or throw or permit to be deposited or thrown any garbage, dirt,

rubbish or refuse or waste in or around the staircase, lobby, landings, lifts,

passages or in any other common areas or installations of the Buildings;

bb) not to commit or permit to be committed any alteration or changes in

pipes, conduits, cables and other fixtures and fittings serving the other

Apartments in the Buildings;

 32

cc) not to claim any right over and/or in respect of any open land at the

Project or in any other open or covered areas of the Buildings and the

Project reserved or intended to be reserved by the Promoter and/or the

Promoter for their own exclusive use and enjoyment and not meant to be a

common area or portion and not to obstruct any development or further

development or additional construction which may be made from time to

time by the Promoter thereat or on any part thereof;

dd) not to claim partition or sub-division of the land comprised in the Said

Project or underneath the Buildings and/or the Project Common Areas, as

the case may be, towards the Said Undivided Share attributable to the Said

Apartment or any part thereof nor to do any act or deed, whereby the

rights of the Promoter and/or the rights of the Allottee of other

Apartments in the Buildings is/are affected or prejudiced in any manner

whatsoever nor to do any act or deed, which may cause obstruction

and/or hindrance in the construction of the said Buildings;

ee) not to partition the Said Apartment by metes and bounds;

ff) not to shift or obstruct any windows or lights in the Said Apartment or the

Buildings;

gg) not to permit any new window light opening doorway path passage drain

or other encroachment or easement to be made or acquired in against out

of or upon the Said Apartment without the prior consent in writing of the

Promoter and/or the Association;

hh) not to park or allow anyone to park any car, two-wheeler or other vehicles

at any place other than the space earmarked for parking car(s) or two

wheeler(s) of the Allottee, if any, mentioned in the SECOND SCHEDULE

hereto; and
 33

ii) not to let out or part with possession of the Said Garage, if so agreed to be

acquired by the Allottee hereunder, independent of the Said Apartment

and to use the same only for the purpose of parking of a medium size

motor car or two-wheeler, as the case may be.

jj) not to let out the Said Apartment or any part thereof without obtaining

prior written permission of the Promoter and making payment of all sums

or amounts then due and payable by the Allottee in respect of the Said

Apartment.

kk) not to park any car or two-wheeler in the Project Land if the Allottee has

not been allotted any Garage therein, and to park only one car or two-

wheeler in one Garage and not more than one, even if there be space for

more than one in the Garage.

THE SIXTH SCHEDULE ABOVE REFERRED TO:

(Rights on Allottee's Default)

a) In case of default / delay in making payment of any amount payable under these

presents (including in particular the Common Expenses and electricity charges) or

otherwise by the Allottee to the Promoter or the Association upon its formation,

interest shall be payable by the Allottee at the agreed rate of ___% (____) percent

per annum from the due date till the date of payment.

b) In case of there being a failure, refusal, neglect, breach or default on the part of the

Allottee to perform or comply with any of the terms conditions covenants

undertakings stipulations restrictions prohibitions and/or obligations in respect

of the Said Apartment continuing for more than 2 months, then the Promoter
 34

and/or the Association upon its formation shall be entitled to issue a notice to the

Allottee calling upon the Allottee to rectify and/or make good or set right the

failure neglect refusal breach or default within one month from the date of issue of

the said notice. If the Allottee does not comply with the said notice to the

satisfaction of the Promoter and the Association, as the case may be, then the

Promoter and/or the Association, as the case may be, and the Allottee shall in

addition be liable to pay to the Promoter and/or the Association, compensation

and/or damages that may be quantified by the Promoter / Association.

IN WITNESS WHEREOF the parties hereto have hereunto put their respective

hands the day month and year first above written.

SIGNED AND DELIVERED by the

OWNERS at Kolkata in the presence of:

SIGNED AND DELIVERED by the

PROMOTER at Kolkata in the presence

of:
 35

SIGNED AND DELIVERED by the

ALLOTTEE at Kolkata in the presence of:

 36

MEMO OF CONSIDERATION:

RECEIVED THE WITHIN SUM from the within mentioned Allottee, in respect of

Apartment, as mentioned in the Second Schedule of this Deed, which are as follows :

Serial No. Date Bank Cheque Nos. GST Amount

Total Price (Rupees …………………….. only)

WITNESSES:
37

Dated this day of , 2018

BETWEEN

HAPPY KUTIR PRIVATE LIMITED

… OWNER
AND

SIDDHIVINAYAK REALCON LLP

… PROMOTER
AND

________________________.
… ALLOTTEE

DEED OF CONVEYANCE

Fox & Mandal

Advocates
12, Old Post Office Street