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Bayana in English

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BAYANA AGREEMENT/AGREEMENT TO SELL

This Agreement to sell/Bayana is executed at Delhi on


this 23 rd
DAY OF MAY, 2024, between MOHD. SHAHID @
SAHID, S/O SH. MEHARILAHI, R/O H.NO.112, NEW BASTI,
JAMALPURA, LONI DEHAT, GHAZIABAD, UTTAR PRADESH-
201102 (AADHAAR NO.5934 7215 8568) (hereinafter called
the First party)
AND
SH. SUNIL, S/O LATE SH. PAHALAD, R/O H.NO.C-35 GALI
NO.2, NEAR SHRI RAM CHOWK, AMBIKA VIHAR, KARAWAL
NAGAR, DELHI-110094 (AADHAAR NO.9894 9860 0389)
(hereinafter called the second party).

WHEREAS the first party is the rightful owner and in


possession of a built-up Property AREA MEASURING 50 SQ.
YDS. I.E. 41.805 SQ. MTRS., OUT OF KHASRA NO.442,
consisting whatsoever according to the site with construction
rights upto the last storey, Situated at in the area of VILLAGE
LONI, in the abadi of AHMED NAGAR COLONY, VILLAGE &
TEHSIL LONI, DISTRICT GHAZIABAD, UTTAR PRADESH-
201102 and the same is bounded as under:-

EAST : ROAD.
WEST : PROPERTY OF OTHERS.
NORTH : PROPERTY OF OTHERS.
SOUTH : PROPERTY OF OTHERS.

AND WHEREAS the first party has agreed to sell and the
second party has agreed to purchase the above said property
for a total sale consideration amount of Rs.6,00,000/-
(RUPEES SIX LAKHS ONLY) on the following terms and
conditions:-
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NOW THIS AGREEMENT WITNESSETH AS UNDER:-


1. That the second party has paid RS.1,00,000/- (RUPEES
ONE LAKH ONLY) IN CASH as Bayana amount/earnest
money to the first party.

2. That the second party shall pay RS.5,00,000/- (RUPEES


FIVE LAKHS ONLY) as balance payment to the first party
on or before 22.08.2024 and the first party will execute
the necessary title deed/sale deed in favour of the second
party ands will hand over the physical, peaceful and
vacant possession of the abovesaid property to the second
party on the spot.

3. That the first party has assured to the second party that the
said property is free from all sorts of encumbrances i.e.
sale, mortgage, lien, charge, Will etc. etc.

4. That if the first party fails to execute the title deed/sale


deed in favour of the second party within stipulated
period, then the first party shall pay the double amount
of RS.2,00,000/- (RUPEES TWO LAKHS ONLY) of the
earnest money to the second party.

5. That if the second party fails to pay the balance amount of


RS.5,00,000/- (RUPEES FIVE LAKHS ONLY) within
stipulated period then the earnest of RS.1,00,000/-
(RUPEES ONE LAKH ONLY) paid by the second party
shall stand forfeited.
-3-

6. That this agreement shall be irrevocable and both the


parties are bound by the terms and conditions of this
agreement.

7. That all the pending electricity bills, water bills, house tax
etc. etc. against the abovesaid property shall be paid by
the first party till the date of execution of the title deed
and thereafter the second party will pay the same.

8. That the contents of this agreement have been read over


and explained to both the parties in their vernacular
language in Hindi and the parties admit the same as true
and correct to their knowledge.

IN WITNESS WEHEREOF Both the parties have signed


this Agreement on the date, month and year above
written in the presence of the following witnesses:-

WITNESSES:-

1. FIRST PARTY.

2. SECOND PARTY.
RECEIPT

I, MOHD. SHAHID @ SAHID, S/O SH. MEHARILAHI,


R/O H.NO.112, NEW BASTI, JAMALPURA, LONI DEHAT,
GHAZIABAD, UTTAR PRADESH-201102 (AADHAAR NO.5934
7215 8568), have received a sum of RS.1,00,000/- (RUPEES
ONE LAKH ONLY) IN CASH from SH. SUNIL, S/O LATE SH.
PAHALAD, R/O H.NO.C-35 GALI NO.2, NEAR SHRI RAM
CHOWK, AMBIKA VIHAR, KARAWAL NAGAR, DELHI-
110094 (AADHAAR NO.9894 9860 0389), according to the
terms and conditions of Bayana Agreement dated 23.05.2024.

IN WITNESSES WHEREOF I, the Executant have signed this


Receipt on 23rd day of May, 2024 in the presence of the
following witnesses:-

WITNESSES:-
1.Name…………………………………………. EXECUTANT.

S/o Sh………………………………………..
R/o H.No……………………………………..
………………………………………………….
………………………………………………….

2.Name………………………………………….. ( MOHD. SHAHID @ SAHID )


S/o Sh…………………………………………

R/o H.No………………………………………
…………………………………………………..
…………………………………………………..

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