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    Agreement To Sell

    Uploaded by

    Radhika Ramachandran
    This 3 sentence summary provides the key details from the legal document: The document is an agreement for the sale of property C-4 Sainikpuri from the seller Air Mshl (Dr) B Keshav Rao to the buyers Deepanjan Roy and Radhika Ramachandran for a total consideration of Rs. 13 crore. The buyers have already paid Rs. 1 crore as earnest money, with the balance to be paid and sale completed upon execution of the sale deed in May 2022, at which point the seller will transfer ownership documents and vacate possession of the property. The document details the measurements and boundaries of the property and is signed by all parties to reflect their agreement

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Agreement To Sell

    Uploaded by

    Radhika Ramachandran
    32 views3 pages
    This 3 sentence summary provides the key details from the legal document: The document is an agreement for the sale of property C-4 Sainikpuri from the seller Air Mshl (Dr) B Keshav Rao to the buyers Deepanjan Roy and Radhika Ramachandran for a total consideration of Rs. 13 crore. The buyers have already paid Rs. 1 crore as earnest money, with the balance to be paid and sale completed upon execution of the sale deed in May 2022, at which point the seller will transfer ownership documents and vacate possession of the property. The document details the measurements and boundaries of the property and is signed by all parties to reflect their agreement

    Original Description:

    Agreement to Sell

    Original Title

    Agreement to Sell

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    This 3 sentence summary provides the key details from the legal document: The document is an agreement for the sale of property C-4 Sainikpuri from the seller Air Mshl (Dr) B Keshav Rao to the buyers Deepanjan Roy and Radhika Ramachandran for a total consideration of Rs. 13 crore. The buyers have already paid Rs. 1 crore as earnest money, with the balance to be paid and sale completed upon execution of the sale deed in May 2022, at which point the seller will transfer ownership documents and vacate possession of the property. The document details the measurements and boundaries of the property and is signed by all parties to reflect their agreement

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    32 views3 pages

    Agreement To Sell

    Uploaded by

    Radhika Ramachandran
    This 3 sentence summary provides the key details from the legal document: The document is an agreement for the sale of property C-4 Sainikpuri from the seller Air Mshl (Dr) B Keshav Rao to the buyers Deepanjan Roy and Radhika Ramachandran for a total consideration of Rs. 13 crore. The buyers have already paid Rs. 1 crore as earnest money, with the balance to be paid and sale completed upon execution of the sale deed in May 2022, at which point the seller will transfer ownership documents and vacate possession of the property. The document details the measurements and boundaries of the property and is signed by all parties to reflect their agreement

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    AGREEMENT FOR SALE

    This Agreement to sell is made on this the ______________day of January,


    2022
    By Air Mshl ( Dr) B Keshav Rao (hereinafter referred to as “the Seller”) of the
    first party.

    AND

    Deepanjan Roy and Radhika Ramachandran (hereinafter referred to


    collectively as “the Buyers” and individually as “Buyer 1” and “Buyer 2”,
    wherever the context permits.) of the second party.

    For the purpose of this Agreement for Sale and wherever the context permits,
    the Seller and the Buyers together shall be referred to as “The Parties” and
    individually be referred to as “a Party”.
    WHEREAS the Seller is the absolute owner and sole possessor of the
    property called C-4 Sainikpuri, morefully described in the schedule hereto.
    ( Hereinafter the property shall be referred to as C-4 Sainikpuri)
    AND WHEREAS the Seller represents that C4-Sainikpuri is not in mortgage,
    not attached in any bail as surety in any court, nor has any agreement to sell
    been made with any other party prior to this Agreement for Sale.
    AND WHEREAS the Seller has represented that C4-Sainikpuri is free from
    all encumbrances including charges over it like, sale, gift, lease, lien,
    attachment, demands, etc.
    AND WHEREAS the Seller has decided to sell C4- Sainikpuri to the Buyers,
    having obtained the consent of all his legal heirs and the Buyers have agreed
    to purchase the same from the Seller on the terms and conditions appearing
    hereinbelow.
    NOW THIS AGREEMENT WITNESSETH AS FOLLOWS
    1. The Seller will sell to the Buyers the entire property described in the
    schedule as C-4 Sainikpuri for a total amount/consideration of around Rs.
    Thirteen Crore (13,00,00,000).

    2. In furtherance of their intention to bona fide purchase the property called


    C-4 Sainikpuri from the Seller, the Buyers have made payment of Rs. One
    Crore (Rs. 1,00,00,000) into the designated account of the Seller on
    Monday the 24th of January 2022. This money is to be considered as
    Earnest Money.

    3. Upon receipt of the Earnest Money of Rs. One Crore (Rs. 1,00,00,000), the
    Seller agrees that he will accept the balance of the consideration for the sale
    1
    of the property called C-4 Sainikpuri from the Buyers at the time of
    execution of the conveyance deed (Sale Deed).

    4. The sale of the property shall be completed within the first 10 days of May,
    2022.

    5. At the time of execution of the Sale Deed, the Seller shall give unto the
    Buyers the original property documents that are in his possession.

    6. The Seller declares that at the time of execution of the Sale Deed he shall
    handover peaceful vacant possession of the property called C-4 Sainikpuri
    to the Buyers.

    7. All charges and levies on the property called C-4 Sainikpuri, issued by any
    relevant regulatory authority for the time being in force, shall be borne by
    the Seller up until the execution of the Sale Deed.

    8. The expenses for the preparation of the Sale Deed, and documents
    connected thereto and charges of Stamp Duty and Registration Duties in
    connection with the sale of C-4 Sainikpuri shall be borne by the Buyers.

    SCHEDULE OF PROPERTY: ALL THAT IS C-4 SAINIKPURI


    PLOT NO: C-4 situated in S.N. 601 Kapra Village, Medchal Taluk, Hyderabad
    District measuring 1972 Sq.yds. Linear measurements and boundaries as
    under:

    Measurements in Feet Bounded on the

    NORTH 107 NORTH by 50ft outer


    semi-circular
    road

    EAST 153 EAST BY Masonry


    drain & Plot
    No. C-5

    SOUTH 126 SOUTH By Vacant Land

    WEST 153 WEST By C-3

    AND The House, outhouse and other constructions upon the said plot.

    2
    This document This legal document is signed by all the Parties hereto and is
    reflective of their true intents and purposes. No Party has been coerced into
    entering into this agreement and all Parties are aware of the facts and
    circumstances of this document.

    Air Mshl ( Dr) B Keshav Rao


    ( the Seller)

    Deepanjan Roy
    (Buyer 1)

    Radhika Ramachandran
    (Buyer 2)

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