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ADVANCE RECEIPT AGREEMENT TO SELL & PURCHASE

(BAYANA)

This Agreement is made at New Delhi on this Ist__ day of


September, 2017 between Smt Madhu W/o Late Shri Subash
Chander Sikri R/o 550,,Bhai Parmanand Colony, Delhi-110009
(hereinafter called the First Party) of the one part.

AND

Shri KASHMIRI LAL S/o Shri SUNDER LAL R/o PKT B-10/127,
Sector-3 Rohini Delhi -110085 (hereinafter called the Second
Party) of the Second Part.

The expression of the terms First Party and Second Party wherever
they occur in the body of this Agreement shall mean and include
their respective heirs, executors, administrators and assigns unless
and until it is repugnant to the context or meaning thereof.

Whereas the First Party are the absolute owner of Plot No.105
POCKET D-1, Sector-29 under LIG category, ,Rohini Residential
Scheme 1981-vide application No 19320 Priority No13386 situated
at ROHINI, Delhi-110085 ..

And whereas the First Party for its bonafide need and requirement
has agreed to sell the Plot No.105 POCKET D-1, Sector-29 under
LIG category, ,Rohini Residential Scheme 1981-situated at ROHINI,
Delhi-110085 ..
(hereinafter called the said property) unto the Second Party for a
total sale consideration of Rs.11,00,000/- (Rupees Eleven Lac only).

And whereas the Second Party has agree to purchase the same
from the First Party on the following agreed terms and conditions
for this agreement.

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NOW THIS AGREEMENT WITNESS AS UNDER:

1. That the entire consideration amount of the rights,


interests, liens and titles of the first party in the above said
property and the land beneath the same is fixed between
the parties at Rs.11,00,000/- (Rupees Eleven Lac only) out
of which the First Party has received from the Second Party
a sum of Rs.2,00,000/- (Rupees Two Lacs only) as
advance/earnest money and the receipt of the same is
hereby admitted and acknowledged in the following
manners:-
___________________________________________________________

AMOUNT CH.NO. & DT./CASH DRAWAN ON

__________________________________________________________

2,00,000/- by cash 01.09.2017

That the balance amount of Rs.9,00,000/- (Rupees Seven Lacs


only) shall be paid by the Second Party to the First Party on
31.12.2017 and at the time of after one Month execution of
Conveyance Deed .

2. That the expenses for execution of the Sale Deed and other
relevant documents shall be paid by the Second Party only
and the first party shall execute the said documents in
favour of the Second Party or any person appointed the
Second Party or his nominee(s).

3. That the First Party will get all the formalities completed
and would get the above said property transferred in the
name of the Second Party by way of Sale Deed or other
relevant documents in respect of the above said property.

4. That the Fist Party has assured the Second Party that the
said property is free from all sorts of encumbrances like
mortgage, sale, gift, exchange, courts, injunction sealed by
MCD/SDM or any other proved otherwise, the First Party
will be liable and responsible for all the damages sustained
by the Second Party and will make good the same to the
Second Part.
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5. That this Agreement is irrevocable and if any of the parties


fails to complete the transaction, other party can get the
transaction completed through court of the law and the
defaulting party shall be liable for all expenses, costs,
incurred and damages suffered.

6. That the First Party will clear all dues like DDA dues,House
Tax, Electric & water charges etc. regarding the above said
property at the time of getting the final payment & handing
over the peaceful vacant possession of the above said
property and executing the Sale Deed and other relevant
documents etc. & thereafter paid by the Second
Party/purchaser.

7. That the First Party has delivered the all original and title
documents pertaining to the above said property to the
Second Party and physical possession has also been handed
over in advance.

8. That the First Party further assure the Second Party that
prior to this agreement to sell it has not entered into any
kind of agreement of any nature whatsoever, and also
during this course of this agreement, the First Party shall
not enter into any agreement or create any kind of
encumbrances of any nature whatsoever and shall keep the
Second Party harmless and indemnified. After execution of
this Agreement the Second Party alone shall be entitled to
deal with all the matters relating to the aforesaid property.

9. That if the Second Party fails to make the balance payment


within above mentioned stipulated period the advance
amount paid by him/her will be forfeited and if the First
Party will unable to execute the said deal in favour of the
Second Party, then he/she will be liable to pay double of the
said advance amount to the Second Party.

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IN WITNESS WHEREOF, the parties hereto have set their
respective hands on these presents on the date, month and year
herein above first mentioned in the presence of the following
witnesses.

Place: New Delhi

Dated:

FIRST PARTY
WITNESSES:-

1.

SECOND PARTY

2.

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RECEIPT

I, Saroj wife of Shri Ajay Kumar, resident of House No.68, Amar


Nagar, Jallandhar City, Punjab, presently at Delhi have received of
Rs.22,80,000/- (Rupees Twenty Two Lacs Eighty Thousand only)
from Smt. Manpreet Kaur wife of Shri Charanjeet Singh, resident of
E-21, Moti Nagar, New Delhi-110015 prior to the execution of this
receipt as bayana/part payment of in respect of Expandable Flat
[with Roof] No.510, measuring 40.00 sq. yds. approx. Sector B-4,
Pocket 6, situated at Narela, Delhi-110040 (hereinafter called the
Property), vide terms and conditions of the sale agreement dated
29.11.2013.

IN WITNESS WHEREOF I/we, the Executants have put my/our


hands on this receipt in the presence of the following witnesses.

DATED : 29.11.2013

WITNESSES:

1.

EXECUTANT(s)

2.

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