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AGREEMENT OF SALE

This Agreement of sale is made and executed on the 07th day of November 2011 by and between: 1. (hereinafter call the VENDOR/SELLER which term shall mean and include all his/her legal heirs, successors nominees, executors, assigners, etc., of the FIRST PART) IN FAVOUR OF 2.<buying party>, (Hereinafter called the VENDEE/PURCHASER which term shall mean and include all their legal heirs, successors, nominees, executors, assignees, etc., of the SECOND PART)

Whereas the vendor of hereinabove is the sole and absolute owner and peaceful possessor of the RESIDENTICAL FLAT bearing <area> (including common area), along with two car parking no. 85 in cellar and parking lot no. 88 in sub-cellar in Pearl Block and proportionate undivided share of land 54 sq. yds, in the multi-storied residential apartment complex known as <address>, within the limits of Greater Hyderabad Municipal Corporation, Ranga Reddy district, Andhra Pradesh, having purchased the said flat vide Regd. Sale deed doct. No. ___________ dated _________

NOW THIS AGREEMENT WITNESSTH AS FOLLOWS: 1. Whereas the vendor has agreed to sell, transfer, convey the said flat to the Vendee or his nominee or nominees absolutely free from charges, liens, encumbrances, with all rights and easements. 2. Whereas it is mutually agreed and accepted upon that the sale consideration for the said flat as Rs. 50,00,000.00 (Rupees fifty lakhs only). 3. Whereas the vendees has paid an amount of Rs. 1,00,000.00 by way of Cheque no. __________ as advance sale consideration and the vendor has acknowledged the same. 4. Whereas the Vendee has agreed to pay the balance sale consideration of Rs. 49,00,000.00 (Rupees Forty nine lakhs only), shall be paid by the Vendee to the Vendor by 31st December, 2011, i.e. at the time of registration. 5. The vendor assures the vendee that the title to the said property is clear and if any litigation of claim shall crop up, the same shall be cleared by the vendor and he will be liable for all cost and consequences. 6. The vendor assures the vendee that the schedule property is free of all charges, encumbrances, mortgage, and that he is the absolute owner of the same and had a perfect title to it and a right to alienate it. The vendor assures the vendee to indemnify the vendee of the damage caused to his on account of such defect if any. 7. The vendor hereby agree and declare that he shall indemnify and keep the vendee indemnified from and against all losses, costs, expenses, damages, sustained if any to the vendee on account of any defect in title of the vendor or from any third parties claim or if the vendee is deprived from the part or whole of the schedule property the vendor shall compensate against the same at all times 8. Whereas the vendor here by declares that the schedule property is not mortgaged or not given away as gift and is free from all charges, liens and encumbrances. 9. That the vendor has agreed to deliver the relevant documents in original in respect of this schedule property to the vendee at the time of registration. 10. That the vendor shall deliver the physical vacant possession of the schedule property to the vendee.

11. That the vendee shall have to pay the balance sale consideration within the stipulated time 12. The vendor assures the vendee that there are no prior sale agreements with respect of the schedule property 13. That the vendor agreed to register the said property in favour of vendee or any persons nominated by the vendee. 14. That the vendor hereby agree to execute regular sale deed and register the same, and the stamp duty and registration fees etc. shall be borne by the vendee only and the vendor shall sign all the papers and documents etc. pertaining to the schedule property for the purpose of registration in favour of vendee or his nominees as the case may be. 15. The heirs of the vendor are well aware of this transaction and they have declared their no objection for the same and undertake not to raise any claim or objection in future. 16. In the event that the vendee does not make the balance payment, he will forfeit Rs. 50,000.00 (Rs. Fifty thousand only) of the advance payment on 31st December, 2011. 17. If the vendor fails to carry his obligations under this agreement in making good and marketable title to the said property free from all encumbrances and liabilities whatsoever in favour of vendee as aforesaid, the vendor shall refund the vendee the entire advance amount paid to the vendor by vendee and pay additional Rs. 50,000.00 only (Rs. Fifty thousand only) over and above the advance amount paid by the vendee to the vendee towards opportunity and other costs incurred by the vendee.

SCHEDULE OF THE PROPERTY All that the RESIDENTIAL FLAT bearing No. <address>, built up area 1685 sft (including common area), along with two car parking no. 85 in cellar and parking lot no. 88 in sub-cellar in Pearl Block and proportionate undivided share of land 54 sq. yds, in the multi-storied residential apartment complex known as MYHOME JEWEL in Sy. No. 83(P) and Sy.No. 97(P) situated in ____________Village, within the limits of Boundaries of the Flat North: Open South: Open East: Open West: Common Corridor This agreement of sale has been readover to the parties hereto in their vernacular language and after fully understanding the contents of the same, they put their respective hands on this agreement of the day, month and year aforesaid mentioned in the presence of the following witnesses.

(Vendor)

(Vendee)

(Witness)

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