shashikala rental draft

RENTAL AGREEMENT
THIS RENTAL AGREEMENT is made and executed on this the Thirty day of
august, Two Thousand Twenty four (30.08.2024) at Bangalore, by and
between:
1) Mrs. M SHASHIKALA, aged about 55

years ,W/O Javare Gowda , residing at no,402 , 1 st
cross ,10th main, Dollars layout,, 4th phase ,j p
Nagar ,Baanglore 560078 .
Page 1
Hereinafter called the ‘LESSOR/OWNER’ of the one part:
Mrs, DEEPIKA PRIYADARSHI aged about 37 years

Residing at No.55/c-42/1, 2nd floor,40 th cross, 2nd
main road .above syndicate bank, 8th block
jayanagar, Bangalore – 560070.
Hereinafter called the ‘LESSEE/TENANT’ of the other part:
WHEREAS the terms LESSOR & LESSEE shall mean and include their
respective heirs, legal representatives, administrators, executors and assigns
etc.,
WHEREAS the Lessor is the absolute owner of the Property bearing No.1698,
GRUOND FLOOR ,17 TH MAIN ,2ND PHASE ,J P NAGAR
BANGLORE ,560078,
AND WHEREAS the Lessee herein has approached the Lessor to rent the
GROUND FLOOR of the said Property which is morefully described in the
Schedule hereunder and hereinafter called the SCHEDULE PREMISES.
WHEREAS the Lessor, upon the request of the Lessee hereby let out the
schedule premises on rental for Residential Purpose under the following
Terms and Conditions and whereas the Lessee has agreed to take the
premises on rental basis.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:-
1. The tenancy is for a period of 11 (Eleven) months commencing from the

15TH day of june 2024, which shall be continued by mutual consent
between the parties.
2. The Lessee shall pay a rent of Rs.16,000/- (Rupees Sixteen

Thousand only) per month to the Lessor on or before 5th of every
month regularly and promptly. If the Lessee fails to pay the monthly rent
for a period of three months, the Lessor is at liberty to terminate this
agreement.
3. There shall be an increase in rent by 5% on the existing rent for every 11

(Eleven) months if continued after 11 Months.
4. The Lessee has paid an security deposit amount /advance of

Rs.1,25,000/- (Rupees One Lakh twenty Thousand only) to the
Page 2
Lessor before the following witnesses by way of NEFT. And the Lessor has
acknowledged the receipt for the same. The above said security deposit
amount/advance amount shall not carry any interest and the same is
refundable by the Lessor to the Lessee against the delivery of leased
premises to the Lessor after deducting any arrears of rent, electricity,
water charges and damages, if any.
5. The Lessee shall not sub-let or under-let the schedule premises to others
without the written consent from the Lessor.
6. The Lessee shall pay electricity charges to the concerned authorities

every month regularly and promptly.
7. The Lessee shall pay Maintenance charges and water supply charges to
the Apartment Owners Association / Concerned Authorities every month
regularly and promptly as per bill.
8. The Lessee shall quietly hold, possess and enjoy the Schedule Premises
in peaceful atmosphere during the period of rental period and no
inconvenience caused with the neighbors’.
9. The Lessee has permitted the Lessor to inspect the Schedule Premises as
and when required by him at all reasonable hours with prior notice.
10. The Lessee shall use the schedule premises for the Residential
Purpose only and the Lessee shall not carry on any illegal business in
the said premises.
11. The Lessee shall not cause any damage to the Schedule Premises and
handover the same at the time vacating the Schedule Premises in a good
and tenantable condition. The Lessee shall bear the expenses pertaining
to the damages, white wash and painting at the time of vacating the
Schedule Premises. The Lessee shall already re-paint schedule premises,
at the time of vacating shall not pay any painting charges to the Owner.
12. Either of the parties should give two months period notice for the
termination of the Tenancy.
SCHEDULE
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All that piece and parcel of the 1698, ground floor .17 th main 2nd
phase ,jp nagar baaglore,560078 in the Property bearing, consisting of
One Living cum Dining Hall, One Bedrooms, One Kitchen, One attached
bathroom, , Space with Electricity
IN WITNESSES WHEREOF the Lessor and Lessee have affixed their respective
signature on the day, month and year first above mentioned in the presence
of the following witnesses.
WITNESSES:
1. LESSOR/OWNER
2. L E S S E E/ T E N A N T
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RENTAL AGREEMENT

1) Mrs. M SHASHIKALA, aged about 55

Mrs, DEEPIKA PRIYADARSHI aged about 37 years

Hereinafter called the ‘LESSEE/TENANT’ of the other part:

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:-

1. The tenancy is for a period of 11 (Eleven) months commencing from the

2. The Lessee shall pay a rent of Rs.16,000/- (Rupees Sixteen

3. There shall be an increase in rent by 5% on the existing rent for every 11

4. The Lessee has paid an security deposit amount /advance of

6. The Lessee shall pay electricity charges to the concerned authorities

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