AGREEMENT TO SELL

This Agreement is made at New Delhi on this _______day of ______2007.

BETWEEN

1. Dr. Lalit Mohan Nath son of Late Col. D.P.Nath, R/o E-21, Defence Colony, New
Delhi;

2. Smt. Renu Bhagat wife of Shri V.S.Bhagat, R/o 34-H, Ashoka Avenue, New
Delhi-110062 through Dr. L.M.Nath, Special Power- of-Attorney registered on
5.6.1996 in the office of Sub-Registrar, New Delhi as document No. 8260 in
Additional Book No. IV Volume No. 701 at pages 11-12;

3. Ms. Gayatri D/o Late Shri Kailash Prasad Bhargava, R/o 23-24, Asiatic Mansion,
11 Middleton Row, Calcutta-70071;

4. Shri Ganiash Bhargava son of late Shri D.P.Bhargava,R/o 11, Camac Street,
Calcutta through Dr. L.M.Nath, Special Power-of-Attorney registered on 3.6.1996
in the office of Sub-Registrar, New Delhi as document no. 8148 in Additional
Book No. IV Volume No.699 on pages 13-14;

5. Shri Shanti Sarup Bery son of late Shri Des Raj bery, R/o 112, Jor Bagh New
Delhi, through Dr. L.M.Nath, Special Power of Attorney registered on 31.5.1996
in the office of Sub-Registrar, New Delhi as document no. 8067 in Additional
Book No. IV, in Volume No. 697 at pages 139-140, for self having an individual
 share and the share of his father late Shri Des Raj Bery which has been mutated
in the individual name of Shri Shanti Sarup Bery, as a result he has two shares in
the said land;

6. Dr. Nalin Bhargava s/o Late Dr.K.P.Bhargava resident of 123, Sunder Nagar,
New Delhi-110 003 for self and on behalf of:

(i) Dr. Shanta Bhargava wife of Late Dr. Kamta Prasad Bhargava, R/o 123,
Sunder Nagar, New Delhi vide Special Power-of-Attorney dated 17.05.2002 in the office
of Sub-Registrar VI, New Delhi as document no.7994 in Additional Book No. IV, Volume
No. 724 at pages 20-21;

(ii) Sh. Hemant Bhargava son of Late Dr. Kamta Prasad Bhargava, R/o 123,
Sunder Nagar, New Delhi vide Power-of-Attorney registered in the office of Sub-
Registrar, New Delhi on 15.2.1989 as document no.1075 in Additional Book No. IV,
Volume No. 1569 at pages 16-17;

(iii) Smt. Neirah Bhargava daughter of Late Dr. Kamta Prasad Bhargava, R/o
123, Sunder Nagar, New Delhi vide General Power-of-Attorney registered in the office
of Sub-Registrar, New Delhi on 30.12.2003 as document no.9138 in Additional Book
No. IV, Volume No. 996 at pages 159-162;

7. Dr. Satya Nand son of Late Shri Asa Ram, R/o B-409, New Friends Colony, New
Delhi who holds General Power-of-Attorney’s for:

(i) Shri Vir Bhargava son of Late Kamesh Bhargava, R/o Ridgepoint Drive,
Cold Springs, Kentucky, USA vide GPA registration No.2563 executed on 01.10.1996;

(ii) Shri Sundip Kumar son of Dr. Satya Nand, R/o B-409, New Friends
Colony, New Delhi vide GPA registered in the office of Sub-Registrar, New Delhi on
04.01.1996 as document 123 in Addl. Book no. IV Vol. No.2377 at pages 99-100;

(iii) Shri Sunjaya Kumar son of Dr. Satya Nand, R/o B-409, New Friends
Colony, New Delhi, through general power of attorney registered in the office of Sub-
Registrar, New Delhi on 26.12.1996 as document no. 8785 in Addl. Book no. IV Vol. No.
2525 at pages 63-64; and

(iv) Shri Prakash Chand son of late Shri Asa Ram, R/o 40, Kotla Road, New
Delhi, through general power of attorney registered in the office of Sub-Registrar,
Nawanshahr, Punjab as document no. 42/4 in Addl. Book No. IV on page 246 on
19.04.2000. ( All the above named persons are hereinafter collectively referred to as
“the SELLERS”).

AND
KLJ Town Planners Private Limited, a Company registered under the Companies Act,
1956 having its registered office at KLJ House, 63-Rama Marg, Najafgarh Road, New
Delhi-110 015, though its Authorized Signatory____________, hereinafter referred to as
“the BUYER”

The expressions “the BUYER” and “the SELLERS” shall mean and include their
respective heirs, successors, legal representatives, administrators, executors, nominees
and assigns.

WHEREAS the SELLERS declare and represent that they are the absolute owners and
in possession of the Agricultural Land admeasuring 218.5 Acres (approx.) situated in
Village Fatehpur Jat, Tehsil Alipur, Delhi, described in the Schedule annexed hereto
and marked ‘Red’ in the plan annexed hereto (hereinafter referred to as “the said
Lands”).

WHEREAS it is further declared and represented by the SELLERS that the said Lands
are self-acquired properties of the SELLERS having purchased the same through
various sale deeds as stated herein below:-

S.No. Documents No. Addl. Book No. Vol. No. Pages

================ =========== ====== ====

1. 8775 I 1328 128 to 134

2. 8776 I 1328 135 to 141
3. 8777 I 1328 142 to 148
4. 8778 I 1328 149 to 157
5. 8779 I 1328 158 to 164
6. 8780 I 1328 165 to 170
7. 8781 I 1328 171 to 178
8. 8782 I 1328 179 to 184
9. 8783 I 1328 185 to 190
10. 8784 I 1328 191 to 196
11. 8785 I 1329 01 to 07
12. 8786 I 1329 08 to 15
13. 8787 I 1329 16 to 23
14. 8788 I 1329 24 to 30
15. 8789 I 1329 31 to 37
16. 8790 I 1329 38 to 43
========================================================

AND WHEREAS Ajay Pal Singh Gill through his attorney Dr. Satya Nand son of Dr. Asa
Ram R/o Kotla Road, New Delhi vide GPA dated 08.05.1972 registered as document
No.1054, in Addl. Book No. IV Vol. No. 413 at pages 93 to 94 dated 09.05.1972 with the
Sub-Registrar, New Delhi, has sold his undivided share in the aforesaid land measuring
91.669 Bighas to Shri Lalit Mohan Nath S/o Late Shri Col. Dewan Pitamber Nath
resident of E-21, Defence Colony, New Delhi vide sale deed dated 22.06.1972 and
registered as document No. 12629 in Addl. Book No. I, Vol. No. 1794 on pages 74 to 83
dated 27.06.1972 with the Sub-Registrar, Delhi and transferred his name in the revenue
records.

AND WHEREAS after the death of Shri Tara Chand Wazir his undivided share mutated
in favour of the other all co-share holders by order of the Court dated 07.04.1994.

AND WHEREAS the eleven original principal share holder whose names are recorded
in the revenue records, however, it is agreed that the sale proceeds shall be equally
divided among the eleven original share holder or their legal heirs as the case may be
for this undivided and un-demarcated agricultural land.

AND WHEREAS Ms. Gayatri Bhargava has inherited undivided share in the said
agricultural land through a Will from her mother Late Smt. Lalita Bhargava who in turn
had inherited the said undivided share from her father Late Shri Kailash Prasad
Bhargava through a Will and now the said undivided share stands mutated in her name.

AND WHEREAS Shri Kamesh Bhargava expired in 1989 and his undivided share
mutated in favour of Shri Vir Bhargava.

AND WHEREAS Dr. Kamta Prasad Bhargava expired in 1993 and his undivided share
mutated in favour of Smt. Shanta Bhargava 37.5% share, Dr. Nalin Bhargava 25%
share, Dr. Hemant Bhargava 25% share and Mrs. Neirah Bhargava 12.5%.

AND WHEREAS Shri Shanti Sarup Bery owned one undivided share in the said Land
and the other share came to him after the dealth of his father Late Shri Des Raj Bery
and the same also stands mutated in his name, as a result he owns two undivided
shares in the said Land.

WHEREAS the SELLERS named above declare and represent that they are the
absolute owners of the Agricultural Land by virtue of the various sale deeds registered
in their favour as detailed hereto above and their names stand duly entered and
recorded in the Revenue records.

WHEREAS it is further declared and represented that the said Land stands mutated in
the respective names of SELLERS in revenue records as owners and the SELLERS
have full rights and absolute authority to sell and transfer the same to the BUYER.

AND WHEREAS the SELLERS for their bona fide need and requirements have agreed
to sell and the BUYER has agreed to purchase _____ acres land being part of the said
Land for the said purpose for a sum of Rs. _______
(Rupees_______________________________only) out of total agricultural land of
about 218.5 Acres.

WHEREAS it is considered necessary to record terms & conditions of the Sale and,
therefore, this Agreement to Sell witnesses as under:
1. That in consideration of a sum of Rs.______________ in lumpsum in respect of
_____ acres land being part of the aforesaid agricultural land admeasuring about 218.5
Acres (approx.) the SELLERS hereby agreed to grant, convey and transfer of their
rights, title or interest unto the BUYER.

2. That the BUYER has paid an earnest money in the sum of Rs.__________
(Rupees. _________________________________only) by way of Pay
Orders/Demand Drafts bearing no. ________ dated _______ drawn on
____________________________________in favour of each of the SELLERS. Each of
the SELLERS have separately executed the receipt of the said earnest money, which
will be deemed to be the part of this agreement.

3. That the SELLERS shall provide all documents, i.e. Original title deeds, Mutation
record, Link documents and Non Encumbrance Certificate within ______days to the
BUYER. The BUYER shall be satisfied about the marketable clear Title of the said
Land. If the BUYER is not satisfied, the Agreement to Sell shall be terminated at the
option of the BUYER by giving _____days notice for termination and the SELLERS shall
return the Earnest Money.

4. That the SELLERS have declared and represented to the BUYER that there are
no encumbrance of any kind whatsoever and the said Land is free from any charge,
lien, mortgage, attachment, liability, tenancy, unauthorized occupancy, claim, litigation,
acquisition proceedings and the SELLERS shall keep the title of the said Land
absolutely free and marketable till the duration and full implementation of this
Agreement in all respects and the BUYER has entered into this Agreement relying
upon these declarations, representations and undertakings of the SELLERS.

5. That the SELLERS declare and represent that in the said Land non else other
than the SELLERS, has any right, title or interest of any kind whatsoever in the whole or
any part of the said Land and no impediment in the SELLERS rights to transfer the said
Land.

6. That in case the said Land or part thereof is lost on account of any defect in the
SELLERS title or any litigation started by anyone claiming through the owners or
anyone claiming title paramount to the SELLERS on account of any cause or causes
whatsoever including relating to any outstanding(s), claim(s), tax(s) etc., on the
SELLERS, the SELLERS shall be liable for the damages, losses, costs and expenses
sustained by the BUYER. The SELLERS expressly agree to keep the BUYER harmless
and indemnified against all claims and demands for damages, losses, costs and
expenses which the BUYER may incur by reason of any cause or causes whatsoever.

7. That the SELLERS shall also procure/obtain No Objection Certificate of

Acquisition from concerned Tehsildar / Patwari within ___days and notify the BUYER in
writing about the receipt of the same and thereafter from the date of notifying of the
NOC of Acquisition by the SELLERS, the BUYER shall be allowed ____ months time to
get the sale deed executed and registered in favour of the BUYER. The BUYER shall
also be satisfied by the SELLERS that there is no impediment whatsoever in executing
the sale deed and mutation in the name of the BUYER.

8. That it is made clear that time shall be the essence of this contract and in case
the SELLERS fail to procure No Objection Certificate of Acquisition within a period
_________months, the SELLERS shall be liable to refund the earnest money to the
BUYER within a period of______ days. The BUYER’S liability to pay balance sale
consideration shall only arise when the SELLERS shall confirm that they have obtained
No Objection Certificate of Acquisition from the concerned Tehsildar.

9. That the entire balance sale consideration of Rs.__________

(Rupees_________________________________only) shall be paid by the BUYER to
the SELLERS at the time of registration of Sale Deed within ______months from the
date of notifying of the NOC of Acquisition by the SELLERS, however, the maximum
period shall not exceed __ months under any circumstances, failing which the entire
amount of earnest money paid to the SELLERS shall be refunded to the BUYER. In
case the SELLERS willfully fail to execute the sale deeds in favour of the BUYER or his
nominees, the BUYER may bring an action for specific performance against the
SELLERS.

10. That the SELLERS shall also execute Power of Attorneys / Authorization Letters
etc in favour of the BUYER, as and when requires, for obtaining necessary permissions
for setting up Group Housing Project / Commercial Project / scheme for Farm Houses
etc. The SELLERS shall also extend full co-operation at all the time in obtaining the
necessary permission, water connection, electric connection etc. in the name of BUYER
or his nominees.

11. That in case the said Land is acquired by the Government or acquisition
proceedings commence in respect thereof, this Agreement shall become infructuous /
inoperative and the SELLERS shall have to refund the entire advance amount paid to
them by the BUYER within ______month/s of such happening failing which the
SELLERS shall be liable to pay the BUYER interest @ ____% per annum till such time
the entire payment is made to the BUYER.

12. That the SELLERS have agreed to handover the physical possession of the said
Land to the BUYER at the time of receiving remaining sale consideration. Following a
sale deed shall be executed after receiving the sale consideration.

13. That all costs of stamping, registration of the Agreement or the final sale deed
and the additional expenses thereon shall be borne by the BUYER or his nominees.

IN WITNESSES WHEREOF the parties have signed and executed this Agreement to
Sell at Delhi on the date, month and year first mentioned above in the presence of the
following witnesses.
WITNESSES:

1. (SELLERS)

2. (BUYER)
 AGREEMENT TO SELL

This Agreement is made at New Delhi on this _______day of ______2007.

BETWEEN

1. Dr. Lalit Mohan Nath son of Late Col. D.P.Nath, R/o E-21, Defence Colony, New
Delhi;

2. Smt. Renu Bhagat wife of Shri V.S.Bhagat, R/o 34-H, Ashoka Avenue, New
Delhi-110062 through Dr. L.M.Nath, Special Power- of-Attorney registered on
5.6.1996 in the office of Sub-Registrar, New Delhi as document No. 8260 in
Additional Book No. IV Volume No. 701 at pages 11-12;

3. Ms. Gayatri D/o Late Shri Kailash Prasad Bhargava, R/o 23-24, Asiatic Mansion,
11 Middleton Row, Calcutta-70071;

4. Shri Ganiash Bhargava son of late Shri D.P.Bhargava,R/o 11, Camac Street,
Calcutta through Dr. L.M.Nath, Special Power-of-Attorney registered on 3.6.1996
in the office of Sub-Registrar, New Delhi as document no. 8148 in Additional
Book No. IV Volume No.699 on pages 13-14;

5. Shri Shanti Sarup Bery son of late Shri Des Raj bery, R/o 112, Jor Bagh New
Delhi, through Dr. L.M.Nath, Special Power of Attorney registered on 31.5.1996
in the office of Sub-Registrar, New Delhi as document no. 8067 in Additional
Book No. IV, in Volume No. 697 at pages 139-140, for self having an individual
share and the share of his father late Shri Des Raj Bery which has been mutated
in the individual name of Shri Shanti Sarup Bery, as a result he has two shares in
the said land;

6. Dr. Nalin Bhargava s/o Late Dr.K.P.Bhargava resident of 123, Sunder Nagar,
New Delhi-110 003 for self and on behalf of:

(i) Dr. Shanta Bhargava wife of Late Dr. Kamta Prasad Bhargava, R/o 123,
Sunder Nagar, New Delhi vide Special Power-of-Attorney dated 17.05.2002 in the office
of Sub-Registrar VI, New Delhi as document no.7994 in Additional Book No. IV, Volume
No. 724 at pages 20-21;

(ii) Sh. Hemant Bhargava son of Late Dr. Kamta Prasad Bhargava, R/o 123,
Sunder Nagar, New Delhi vide Power-of-Attorney registered in the office of Sub-
Registrar, New Delhi on 15.2.1989 as document no.1075 in Additional Book No. IV,
Volume No. 1569 at pages 16-17;

(iii) Smt. Neirah Bhargava daughter of Late Dr. Kamta Prasad Bhargava, R/o
123, Sunder Nagar, New Delhi vide General Power-of-Attorney registered in the office
of Sub-Registrar, New Delhi on 30.12.2003 as document no.9138 in Additional Book
No. IV, Volume No. 996 at pages 159-162;

7. Dr. Satya Nand son of Late Shri Asa Ram, R/o B-409, New Friends Colony, New
Delhi who holds General Power-of-Attorney’s for:

(i) Shri Vir Bhargava son of Late Kamesh Bhargava, R/o Ridgepoint Drive,
Cold Springs, Kentucky, USA vide GPA registration No.2563 executed on 01.10.1996;

(ii) Shri Sundip Kumar son of Dr. Satya Nand, R/o B-409, New Friends
Colony, New Delhi vide GPA registered in the office of Sub-Registrar, New Delhi on
04.01.1996 as document 123 in Addl. Book no. IV Vol. No.2377 at pages 99-100;

(iii) Shri Sunjaya Kumar son of Dr. Satya Nand, R/o B-409, New Friends
Colony, New Delhi, through general power of attorney registered in the office of Sub-
Registrar, New Delhi on 26.12.1996 as document no. 8785 in Addl. Book no. IV Vol. No.
2525 at pages 63-64; and

(iv) Shri Prakash Chand son of late Shri Asa Ram, R/o 40, Kotla Road, New
Delhi, through general power of attorney registered in the office of Sub-Registrar,
Nawanshahr, Punjab as document no. 42/4 in Addl. Book No. IV on page 246 on
19.04.2000. ( All the above named persons are hereinafter collectively referred to as
“the SELLERS”).

AND

KLJ Town Planners Private Limited, a Company registered under the Companies Act,
1956 having its registered office at KLJ House, 63-Rama Marg, Najafgarh Road, New
Delhi-110 015, though its Authorized Signatory____________, hereinafter referred to as
“the BUYER”

The expressions “the BUYER” and “the SELLERS” shall mean and include their
respective heirs, successors, legal representatives, administrators, executors, nominees
and assigns.

WHEREAS the SELLERS declare and represent that they are the absolute owners and
in possession of the Agricultural Land admeasuring 218.5 Acres (approx.) situated in
Village Fatehpur Jat, Tehsil Alipur, Delhi, described in the Schedule annexed hereto
and marked ‘Red’ in the plan annexed hereto (hereinafter referred to as “the said
Lands”).

WHEREAS it is further declared and represented by the SELLERS that the said Lands
are self-acquired properties of the SELLERS having purchased the same through
various sale deeds as stated herein below:-

S.No. Documents No. Addl. Book No. Vol. No. Pages

================ =========== ====== ====

1. 8775 I 1328 128 to 134

2. 8776 I 1328 135 to 141
3. 8777 I 1328 142 to 148
4. 8778 I 1328 149 to 157
5. 8779 I 1328 158 to 164
6. 8780 I 1328 165 to 170
7. 8781 I 1328 171 to 178
8. 8782 I 1328 179 to 184
9. 8783 I 1328 185 to 190
10. 8784 I 1328 191 to 196
11. 8785 I 1329 01 to 07
12. 8786 I 1329 08 to 15
13. 8787 I 1329 16 to 23
14. 8788 I 1329 24 to 30
15. 8789 I 1329 31 to 37
16. 8790 I 1329 38 to 43
========================================================

AND WHEREAS Ajay Pal Singh Gill through his attorney Dr. Satya Nand son of Dr. Asa
Ram R/o Kotla Road, New Delhi vide GPA dated 08.05.1972 registered as document
No.1054, in Addl. Book No. IV Vol. No. 413 at pages 93 to 94 dated 09.05.1972 with the
Sub-Registrar, New Delhi, has sold his undivided share in the aforesaid land measuring
91.669 Bighas to Shri Lalit Mohan Nath S/o Late Shri Col. Dewan Pitamber Nath
resident of E-21, Defence Colony, New Delhi vide sale deed dated 22.06.1972 and
registered as document No. 12629 in Addl. Book No. I, Vol. No. 1794 on pages 74 to 83
dated 27.06.1972 with the Sub-Registrar, Delhi and transferred his name in the revenue
records.

AND WHEREAS after the death of Shri Tara Chand Wazir his undivided share mutated
in favour of the other all co-share holders by order of the Court dated 07.04.1994.

AND WHEREAS the eleven original principal share holder whose names are recorded
in the revenue records, however, it is agreed that the sale proceeds shall be equally
divided among the eleven original share holder or their legal heirs as the case may be
for this undivided and un-demarcated agricultural land.
AND WHEREAS Ms. Gayatri Bhargava has inherited undivided share in the said
agricultural land through a Will from her mother Late Smt. Lalita Bhargava who in turn
had inherited the said undivided share from her father Late Shri Kailash Prasad
Bhargava through a Will and now the said undivided share stands mutated in her name.

AND WHEREAS Shri Kamesh Bhargava expired in 1989 and his undivided share
mutated in favour of Shri Vir Bhargava.

AND WHEREAS Dr. Kamta Prasad Bhargava expired in 1993 and his undivided share
mutated in favour of Smt. Shanta Bhargava 37.5% share, Dr. Nalin Bhargava 25%
share, Dr. Hemant Bhargava 25% share and Mrs. Neirah Bhargava 12.5%.

AND WHEREAS Shri Shanti Sarup Bery owned one undivided share in the said Land
and the other share came to him after the dealth of his father Late Shri Des Raj Bery
and the same also stands mutated in his name, as a result he owns two undivided
shares in the said Land.

WHEREAS the SELLERS named above declare and represent that they are the
absolute owners of the said Lands by virtue of the various sale deeds registered in their
favour as detailed here above and their names stand duly entered and recorded in the
Revenue records.

WHEREAS it is further declared and represented by SELLERS that the said Lands
stands mutated in the respective names of the SELLERS in revenue records as owners
and the SELLERS has full rights and absolute authority to sell and transfer the same to
the BUYER.

AND WHEREAS the SELLERS for their bona fide needs and requirements have agreed
to sell and the BUYER has agreed to purchase the said Lands comprising of
______Acres in the name of the BUYER or its nominees for an aggregate sum of Rs.
_______ (Rupees_______________________________only) (out of total agricultural
land of about 218.5 Acres.)

WHEREAS it is considered necessary to record terms & conditions of the Sale and,
therefore, this Agreement to Sell witnesses as under:

1. That in consideration of payment of a sum of Rs.______________ by the

BUYER to the SELLERS. The SELLERS hereby agreed to grant, convey and transfer
their rights, title and interest unto the BUYER or its nominees in the said Lands
comprising of 218.5 Acres of Agricultural Land situated at Village Fatehpur Jat, Tehsil
Alipur, Delhi .

2. That the BUYER has paid an earnest money of Rs.__________ (Rupees.

_________________________________only) by way of__ Pay Orders/Demand Drafts
in favour of each of the SELLERS. The receipt of which amounts the SELLERS hereby
acknowledged. The details of receipt of amounts are mentioned hereunder:
 Sl. Seller Cheque No. Date Amount Drawn on
No.

TOTAL à

3. That the SELLERS have declared and represented to the BUYER that there are
no encumbrances of any kind whatsoever and the said Land is free from any charge,
lien, mortgage, attachment, liability, tenancy, unauthorized occupancy, claim,
acquisition proceedings and the SELLERS shall keep the title of the said Lands
absolutely free and marketable till the duration and full implementation of this
Agreement in all respects and the BUYER has entered into this Agreement relying
upon these declarations, representations and undertakings of the SELLERS.

4. That the SELLERS declare and represent that in the said Lands none else other
than the SELLERS, has any right, title or interest of any kind whatsoever in the whole or
any part of the said Land and there are no impediments in the SELLERS rights to
transfer the said Lands.

5. That the SELLERS agree to provide all documents, i.e. Original title deeds,
Mutation record, Link documents, Encumbrance Certificate and such other records as
may be demanded within ______days to the BUYER. The BUYER and its legal
Counsel has to be satisfied about the marketable clear Title of the said Land. If the
BUYER is not satisfied, the Agreement to Sell shall be terminated at the option of the
BUYER by giving _____days notice for termination whereupon the SELLERS agree to
return the Earnest Money.

6. That in case the said Lands or part thereof is lost on account of any defect in the
SELLERS title or any litigation started by anyone claiming through the owners or
anyone claiming title paramount to the SELLERS on account of any cause or causes
whatsoever including relating to any outstanding(s), claim(s), tax(es) etc., on the
SELLERS, the SELLERS shall be liable for the damages, losses, costs and expenses
sustained by the BUYER. The SELLERS expressly agree to keep the BUYER harmless
and indemnified against all claims and demands for damages, losses, costs and
expenses which the BUYER may incur by reason of any cause or causes whatsoever.

7. That the SELLERS shall also procure/obtain No Objection Certificate of

Acquisition from concerned Tehsildar / Patwari within ___days and notify the BUYER in
writing about the receipt of the same and thereafter from the date of notifying of the
NOC of Acquisition by the SELLERS, the BUYER shall be allowed ____ months time to
get the sale deed executed and registered in favour of the BUYER. The BUYER and/or
its nominee also has to be satisfied by the SELLERS that there is no impediment
whatsoever in executing the sale deed and mutation in the name of the BUYER.

8. That it is made clear that time shall be the essence of this contract and in case
the SELLERS fail to procure No Objection Certificate of Acquisition within a period
_________months, the SELLERS shall be liable to refund the earnest money to the
BUYER within a period of______ days. The BUYER’S liability to pay balance sale
consideration shall only arise when the SELLERS shall confirm that they have obtained
No Objection Certificate of Acquisition from the concerned Tehsildar.

9. That the entire balance sale consideration of Rs.__________

(Rupees_________________________________only) shall be paid by the BUYER to
the SELLERS at the time of registration of Sale Deed within ______months from the
date of notifying of the NOC of Acquisition by the SELLERS, however, the maximum
period shall not exceed __ months under any circumstances, failing which the entire
amount of earnest money paid to the SELLERS shall be refunded to the BUYER. In
case the SELLERS willfully fail to execute the sale deeds in favour of the BUYER or his
nominees, the BUYER may bring an action for specific performance against the
SELLERS.

10. That the SELLERS shall also execute Power of Attorneys / Authorization Letters
etc. in favour of the BUYER if required, for obtaining necessary permissions for setting
up Group Housing Project / Commercial Project / scheme for Farm Houses etc.
SELLERS shall also extend full co-operation all the times in obtaining the necessary
permissions, water connections, electric connections etc. in the name of BUYER or his
nominees.

11. That in case the said Land is acquired by the Government or acquisition
proceedings commence in respect thereof, this Agreement shall become infructuous /
inoperative and the SELLERS shall have to refund the entire advance amount paid to
them by the BUYER within ______month/s of such happening failing which the
SELLERS shall be liable to pay the BUYER interest @ ____% per annum till such time
the entire payment is made to the BUYERS.

12. That the SELLERS agreed to handover the physical possession of the said Land
to the BUYER at the time of receiving remaining sale consideration. Following which a
sale deed shall be executed after receiving the sale consideration.

13. That all costs of stamping, registration of the Agreement or the final sale deed
and the additional expenses thereon shall be borne by the BUYER or his nominees.

IN WITNESSES WHEREOF the parties have signed and executed this Agreement to
Sell at Delhi on the date, month and year first mentioned above in the presence of the
following witnesses.
WITNESSES:

1. (SELLERS)

2. (BUYER)