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Sale Deed - Saatvik Green - Plot No 84

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SALE DEED

Sale Deed for Residential Plot No. 84 Having Total Area 52.45 Sq. Mtr. or 565 Sq.
Ft. Located In Residential Township “SAATVIK GREEN”, Situated At Patwari halka
No 59 (Parsvnath City Rahukhedi) Village Rahukhedi, Tehsil Sanwer and District
Indore (MP).

M/s. Parsvnath Developers Ltd, (Land Owner) (CIN No.


L45201DL1990PLC040945) A Company incorporated under Companies
Act, 1956 having its registered office at Parsvnath Tower Near Shahdara
Metro Station, Shahdara, East Delhi, Delhi, INDIA & (PAN- AAACP0743J)
through its Authorized Signatory Mr. Anil Kumar Sharma S/o Mr.
Mohan Lal Sharma R/o 714, Sudama Nagar, Indore (M.P) 452009
Authorized vide Board Resolution Dated 05.04.2024 hereinafter referred
to as the “FIRST PARTY/ Landowner”, which terms unless repugnant to
the context shall mean and include its 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 FIRST
PARTY;

And

M/s. RRHL Realty Limited (CIN No. U45207MH2007PLC173442) A


Company incorporated under Companies Act, 1956 having its registered
office at 610, Tulsiani Chambers, Nariman Point, Mumbai, Maharashtra
and local address at 2/1, South Tukoganj, Indore (MP) (PAN–
AADCR7664R) represented by its Authorized Signatory Mr. Akhilesh
Tiwari S/o Late. Mr. Umakant Tiwari R/o 1-B, Rajendra Indore, Indore
(M.P) Authorized vide Board Resolution Dated 13.04.2024 hereinafter
referred to as the “Developer”, which terms unless repugnant to the
context shall mean and include its 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 Other part;

Both parties are hereinafter collectively referred to as “Sellers” of the


FIRST PART ...SELLERS

1) Mrs. Kiran Sharma W/o Mr. Anil Sharma


(PAN No. BLAPS2183Q)

R/o : 714, Sudama Nagar, Near Sudama Dwar, Indore (M.P)


452009
... Purchaser
Details of Property under Sale :-

A Residential Plot No 84 having an area of 52.45 Sq. Mtr. or 565 Sq. Ft. in colony
“SAATVIK GREEN”, situated on land bearing Survey No. 64, 67/3/1, 67/4, 67/7/1,
67/8, 67/9 all admeasuring total land area 3.321 hectare situated at Village Rahukhedi,
Tehsil Sanwer District Indore (MP) (Hereinafter referred to as the “Said Plot”)

WHEREAS by virtue of Sale Deeds bearing registration Nos. 370 dated 17/05/2006,
sale deed no. 1893 Dated 13/09/2006 and sale deed no. 1989 dated 08/11/2006,the
Landowner M/s. Parsvnath Developers Ltd is in exclusive ownership and possession of
Land of Survey No. 64, 67/3/1, 67/4, 67/7/1, 67/8, 67/9 having total area of
admeasuring3.321 Hectares or 8.206 Acres(hereinafter referred to as the “Said Land”).

&WHEREAS the Landowner& Developer have also entered into a Development Agreement
duly registered with the office of Sub Registrar, Indore with registration no.
MP179092022A11196360 dated 01/12/2022 whereby the Developer has agreed to
develop the said land into a residential Township. The land is also duly appearing in the name
of land owner in all Revenue Records.

& WHEREAS The Said Land is earmarked for the purpose of plotted development of residential
plots and the said project shall be known as “SAATVIK GREEN”.

& WHEREAS the Said Plot being sold under the present sale deed is for residential
purpose only and is not situated on National Highway, State Highway, district highway,
Pradhan mantri Road and no trees or any structure is in existence on the plot. The Said
Plot is in vacant position and more particularly shown in the map, which is part of this
sale deed.

& WHEREAS the SELLERS with the object of developing a residential plotted township
on the Said Land; have been granted all the necessary permissions/approvals from all
the concerned departments & thereafter named the said residential township as
“SAATVIK GREEN”. Details of permissions / license / approvals granted for the
development of the said land are as under:-

A. Diversion Order No. 5/ A-2 /2002-03 dated 14.10.2002 and Order No. 16/ A-2 /2007-08
dated 01.08.2008Issued by SDO (Revenue) Indore.
B. Colonizer License granted by Dy. Commissioner, Colony Cell, Indore having registration
no.26/2022/Indore dated 14.06.2023.
C. Sanctioned layout plan of the project from the office of Town and Country planning
Department, Indore vide Sanction No. INDLP211122801/2022 Dated 26.12.2022.
D. No Objection Certificate No. 3683/ReNazul/2022 dated 27.07.2022, from the
Nazul department.
E. Development Permission from the office of Dy. Commissioner, Colony Cell, Indore
Municipal Corporation, Indore vide Sr. No. 800/2023 dated 07/12/2023.
F. Registration of the Project with the Madhya Pradesh Real Estate Regulatory Authority
(RERA) on dated05.04.2024 under registration No. P-SWR-24-4662.
&WHEREAS the SELLERS after receiving all permissions as above is developing the residential
township in the name and style of “SAATVIK GREEN” in accordance with the scheme approved
by the concerned government authorities which consists of developed plots of various sizes.

&WHEREAS the PURCHASER has approached to the Sellers for purchase of the Said Plot having
an area of 52.45 Sq. Mtr. or 565 Sq. Ft. in colony “SAATVIK GREEN” and the Sellers have
agreed to sell the same to the Purchaser for a total sale consideration of Rs. 8,47,500/- which
the Purchaser has accepted.

NOW THIS DEED OF SALE WITNESSES AS UNDER:

That on account of the entire Sale Consideration of Total Rs. 8,47,500/- (Rs. Eight Lac Forty
Seven Thousand Five Hundred Only) have been paid by the PURCHASER to the SELLERS as
described in detail in SCHEDULE –A written hereunder, the receipt of which the SELLERS
hereby acknowledge, the SELLERS hereby sell, convey, transfer and assign to the PURCHASER
all their collective right, title, interest, claims and demands in relation to the Said Plot described
in detail SCHEDULE -B written hereunder and marked in Map annexed to this Deed to the
PURCHASER to hold and enjoy the same forever absolutely free from all encumbrances together
with all privileges and easements.

1. That the SELLERS have handed over the physical and vacant possession of the Said Plot (as
described in the Schedule –B) to the PURCHASER upon execution of this deed and the
PURCHASER has received the same in clear and vacant condition which the Purchaser hereby
acknowledges.

2. ACKNOWLEDGEMENT & REPRESENTATIONS BY THE SELLERS :

• The SELLERS hereby represent to the PURCHASER that the Said Plot (As described
in the Schedule-B) is free from all kinds of encumbrances etc. and the SELLERS are
fully competent to transfer the same to the PURCHASER.
• The SELLERS further covenant with the PURCHASER that knowingly or otherwise
they have not caused or allowed any distress to be levied on the Said Plot. The
SELLERS further assures to the PURCHASER that they have a clear, effectual, existing
and marketable title to the Said Plot and absolute authority to sell the same in the
manner aforesaid.
• The SELLERS further assures that the PURCHASER shall hold and enjoy the Said Plot
as an absolute owner without any hindrance from the SELLERS.
• The SELLERS and PURCHASER jointly confirmed that due to the execution and
registration of this sale deed, no violation of section 22 (K) of Registration Act or
Stamp Act or any other Law/Act has been done
• The SELLERS also assure the PURCHASER that they have paid all the liabilities or
dues or taxes on the Said Plot to the other Government statutory authorities, till the
date of registration of this Sale Deed and hereinafter the purchaser shall be liable to
pay the same. Further, the Parties agree that the Purchaser will pay directly or if
paid by the SELLERS then reimburse to the SELLERS all demand, Govt. rates, house
tax/ property tax, firefighting tax, wealth tax, Income tax, TDS and other taxes &
cesses of all and any kind by whatever name called by any statutory body or
authority as assessable/ applicable on the Said Plot from the date of purchase of the
Said Plot.

4. That the Purchaser shall be entitled to mortgage the Said Plot for the purpose of availing
any Loan / Housing Loan, in favor of any bank or to any financial institution /any other
party.

5. ACKNOWLEDGEMENT OF PURCHASER:

• That the PURCHASER and his legal counsel/Advocate have duly inspected the
originals and verified the title document/s and the all other requisite
permissions including Diversion Under of Madhya Pradesh Land Revenue Code,
1959 from the Sub- Divisional Officer (SDO) Revenue Indore, Lay-out sanctions
from the office of Joint Director Town and Country Planning Indore,
Development Permission and Colonizer License from Collector Office, Indore
and RERA etc. taken by the SELLERS for the development of the Township &
Plot being purchased by the PURCHASER and the PURCHASER is fully satisfied
with the title of the SELLERS and all the permissions.

• The Purchaser has physically inspected the Said Plot, site and lay-out of the Said
Township, along with all such other approvals & permissions, including
development and other certificates. The Said Plot has also been physically
measured by the Purchaser and the Purchaser is totally satisfied with the same.

• That PURCHASER is aware that till the formation of society of the residents of
the township the Developer shall administer and manage plotted project
“Saatvik Green” and once the society is formed the same shall be
administered and maintained by the resident’s society. The Purchaser shall be
required to pay the regular maintenance charges to the Developer/ Society/
Maintenance agency as the case may be from the date of registration of the said
sale deed.

• The PURCHASER has been provided all documents and has understood and
satisfied himself about the rights, title and interest of the SELLERS in the Said
Land and the rights of the Sellers to develop and market the Said Township. The
PURCHASER has also been duly informed by the SELLERS regarding rules and
regulations, laws applicable to the Said Township, obligations and limitations of
the allotment and the same has been understood by the PURCHASER and there
shall not be any objection by the PURCHASER in this respect in future.

6. UNDERTAKING BY PURCHASER: - The PURCHASER hereby undertakes that the


PURCHASER:-

• Shall Raise or make construction on the Said Plot only after receiving all due
permissions and sanctions including building permission(s) from the statutory
authorities and the constructions made on the Said Plot shall be strictly in compliance
with the sanctions and permission(s).
• Is aware at present, Boring (tubewells) are the only source for water supply presently in
the Said Township. If due to natural reason water supply through existing boring/s is
not sufficient then additional arrangement shall be done by PURCHASER or the
Maintenance Society on their own cost. The PURCHASER has agreed to additionally pay
charges for Narmada water connection in the township/ their plot, as and when
Narmada connection is being granted or taken by purchaser or the Maintenance Society
of all the residents. Any additional requirement for infrastructure shall also be paid by
all the Purchaser.

• Shall abide by the requirements of Bhumi Vikas Niyam and all the amendments therein
from time to time while making construction on the Said Plot.

• Shall not to use Ground Coverage for any proposed construction in excess of the
permission granted by the appropriate authorities.

• Shall pay all charges payable to various departments for obtaining services and /or
connections to the Said Plot such as electricity, telephone, water, sewer etc. including
security deposit for sanction and release of such connection/s in addition to the price of
the Said Plot.

• Shall keep and maintain the Said Plot and the proposed construction / building premises
and the surrounding areas, common areas in a clean and hygienic manner and shall not
do or cause to be done any act which is detrimental to the hygiene or cleanliness of the
Township & its common areas; &Keep harmonious atmosphere in the Township and
maintain decorum in the Township and with fellow owners and residents.

• While making any construction on the Said Plot shall make adequate arrangements that
the construction activity does not cause any nuisance or breach of security in the
adjacent other residential and commercial portions of the Township.

• Shall further take all precautions that the proposed construction activity to be carried on
the Said Plot shall not in any manner spoil or damage the infrastructure or
developments made in the Township.

• The PURCHASER shall get the Said Plot transferred / mutated in his/her/their name
with the help of this sale deed in all the records of the Revenue Departments,
Government and Semi Government Offices, Indore Municipal Corporation, Indore etc.

• Is aware and acknowledges that the Association of Plot Owners shall be responsible and
liable to maintain all infrastructure and amenities of the Project and all Plot Owners of
the Project and its subsequent Phases shall have right to use and access the same.

• Is aware and acknowledges that the amenities and infrastructure being developed by the
Sellers are being developed in an integrated manner so that the Plot Owners of all the
Phases of Project “Saatvik Green” shall have equal right and access to all the Common
Area and amenities and all the Plot Owners shall be permitted to utilize the same
without any hinderance.

• Before starting any construction on the said Plot, the PURCHASER shall compulsorily
take no objection certificate from the association of Plot Owners/SELLERS/Society.
• IS aware that the Land Owner/ Sellers shall be entitled to provide connectivity and
roads to adjoin land and shall further be entailed to develop adjoining land in the
manner of their choice and the purchaser shall not have any objection or raise any
dispute with regard to the same.

7. RESTRICTIONS ON USAGE:

A. That the PURCHASER shall not do or cause to be done any act or omission which in any
manner restricts the use of common areas for the other owners of the Township.

B. That the Said Plot being sold by the SELLERS to the PURCHASER shall be used for the
designated purpose as per sanctioned map. The PURCHASER shall not be permitted to use the
Said Plot for any other purpose. The PURCHASER shall be liable to get approval and building
permission(s) from all the Government Departments etc. for lay out of the proposed
construction on the Said Plot and only after getting all the acceptances/approvals the
PURCHASER shall construct any building/premises on the Said Plot. The PURCHASER has
agreed to indemnify the SELLERS against any penal action(s), damages or loss due to misuse
and for which the PURCHASER shall be solely responsible.

C. That the PURCHASER shall not store any inflammable article or any explosive in the Said
Plot and shall not permit the Said Plot or the proposed building to be used for any illegal or
unlawful activity. Similarly, the PURCHASER shall not use any loud speakers or high voltage
audio or video systems that might cause any nuisance or discomfort to the other owners and
residents of the Township.

8. JURISDICTION:

This deed shall be governed and construed in accordance with the laws of India. The
Courts at Indore alone shall have jurisdiction in respect of all matters or dispute or differences
arising under or in connection with or in relation to this deed.

9. If any provision of this Sale Deed will be determined to be void or unenforceable under
any applicable law, such provision will be deemed to be amended or deleted in so far as
reasonably inconsistent with the purpose of this Indenture and to the extent necessary to
conform to applicable law and the remaining provisions of this Indenture will remain valid and
enforceable.

10. The SELLERS will have the right to join as an affected party in any suit/ complaint filed
before any appropriate court by the PURCHASER if the SELLERS’ rights under this Indenture are
likely to be affected/ prejudiced in any manner by the decision of the court on such suit/
complaint. The PURCHASER has agreed to keep the SELLERS fully informed at all times in this
regard.

11. Any reference in this Sale Deed to any one gender, masculine, feminine or neuter
includes the other two and the singular includes the plural and vice versa, unless the context
otherwise requires. The terms “herein”, “hereto”, “hereunder”, “hereof”, or “thereof”, or similar
terms used in this deed refer to this entire Indenture and not to the particular provision in
which the term is used unless the context otherwise requires.
12. That the terms and conditions of this Sale Deed shall be binding and subsisting on the
subsequent purchasers of the Said Plot and the Purchaser shall mandatorily incorporate the
same in subsequent Sale Deed.

13. EXECUTION OF SALE DEED:

That the stamp duty and registration cost / charges of this sale deed shall be incurred by
Purchaser solely.

SCHEDULE –A

DETAILS OF THE PAYMENT MADE BY PURCHASER TO SELLERS

Sr.
AMOUNT PARTICULARS

1.) Rs. 3,00,000/- (Rs. Three Lac Only) vide IMPS Dated 24.05.2024 Through Central Bank.

2.) Rs. 50,000/- (Rs. Fifty Thousand Only) vide IMPS Dated 28.09.2024 Through Central
Bank.
3.) Rs. 4,95,500/- (Rs. Four Lac Ninety Five Thousand Five Hundred Only) vide RTGS Dated
30.09.2024 Through Central Bank.
4.) Rs. 2,000/- (Rs. Two Thousand Only) vide RTGS Dated 23.10.2024 Through Central
Bank.
Total Rs. 8,47,500/- (Rs. Eight Lac Forty Seven Thousand Five Hundred Only)

SCHEDULE – B

DETAILS OF THE SAID PLOT

Plot No. 84 Having Total Area 52.45 Sq. Mtr. or 565 Sq. ft. Located At a Residential
Township “SAATVIK GREEN” Situated at Patwari Halka No. 59 (Parsvnath City
Rahukhedi), Village Rahukhedi, Tehsil Sanwer and District Indore (MP)

The Said plot is Bounded as under:-

Towards EAST : Colony Road

Towards WEST : Plot No. SR-8

Towards NORTH : Plot No. 83

Towards SOUTH : Plot No. 85

The Said plot is located inside the Township “Saatvik Green” situated at Survey No 64,
67/3/1, 67/4, 67/7/1, 67/8, 67/9 Village Rahukhedi, Tehsil Sanwer and District Indore
(MP) and the said plot is situated on the internal road of the township.
Since the name of aforesaid colony Saatvik Green is not included in the guideline list of the year
2024-25, the guideline of the adjacent colony Parshavnath City (Rahukhedi) adjacent to
aforesaid colony, which is recorded at serial number 4865 in the guideline of 2024-25. The said
plot is being evaluated according the rate.

This deed has been prepared, drafted and uploaded as per instructions, information and
facts provided by the parties of the deed. Advocate(s), who drafted this deed, and Service
Provider, who has only booked the slot (and not involved in any activity of the deed viz.
Drafting, typing of the deed, validity of the identity of the parties, site photographs and
entire facts, recitals and data of the deed), have not gone through the facts of the deed viz.
Identity of the parties, ownership (title) of the owner(s), site photographs (if any), all the
facts and recitals of the deed etc. So they (Advocate and Service Provider of this deed) will
not take any responsibility whether criminal, civil, or taxation specially laws related to
registration Act 1908 section 82 and all provisions regarding any offence, penalty
imprisonment under registration Act, rules, manuals, circulars etc, Indian Stamp Act 1899
and its rules, cyber law and all other acts, rules, circulars, and instructions of various
officers/Authorities etc regarding above. I.e. Advocate(s) and Service Provider disowned all
thelegal, factual, criminal and all other responsibilities which are not mentioned in this
Disclaimer.

Drafted By Amrish Rawal, Advocate


Mobile : 7879999977

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