DEVELOPMENT
AGREEMENT
THIS DEVELOPMENT AGREEMENT is made at …………on this
the day of ………….. A.D. ….
BETWEEN
.......... ,PAN NUMBER………. ,EPIC/Passport /OCI/CIO/PIO No………., Adhar
No……….. son / wife / daughter of ………. residing at ……………..by
faith…………… , by Occupation …………. , by Nationality……………….,
Herein after referred to and called as the “OWNER(S)/ VENDOR(S) ”
(which expression shall unless excluded by or repugnant to the
context or subject be deemed to mean and include their
respective legal heirs, successors, legal representatives,
administrators, executors and assigns) of the FIRST PART;
AND
…………..…PAN-………, EPIC/Passport /OCI/CIO/PIO No………., Adhar No………..
having place of business at ………, represented by its Partner(s) ……………….son /
wife / daughter of ………., residing at ………. by faith
….., by Occupation ….., by Nationality ….. , hereinafter referred to and called
as the ‘DEVELOPER ( s) ’
(which terms or expression shall unless excluded by or
repugnant to the context or subject be deemed to mean and
include its Partners, Successors-in-Office, legal heirs/heiress,
executors, administrators, legal representatives and assigns) of
the SECOND PART.
( The Vendors / Purchaser(s) is / are being represented by his/her/their
Constituted Attorney (s) ….. PAN No……, EPIC/Passport /OCI/CIO/PIO
No………., Adhar No……….. son/ wife/ daughter of …… , residing at ………., by
faith ………., by Occupation ………., by Nationality ………., by Constituted
General/Special Power of Attorney dated ………., /by Authenticated
General/Special Power of Attorney being No …dated ……….of the office of
the…….. )
[for and on his/her behalf the representati ve / nominee / guardian /
ward ( as the case may be) (with all additi ons), Order or Permission
No. ……………….. Date …………………. (as the case may be)] / [Name of
the Government / Organisati on / Insti tuti on / Company / Firm /
Trust / Society (as the case may be) with place of its headquarters
and for and on its behalf the / its …………………………. (Designati on of the
post held), …………………………………… (Name of the person holding the
post
or having the designati on with all additi ons)]
NB : STRIKE OUT WHICH EVER IS NOT APPLICABLE
HISTORY OF OWNERSHIP
TYPING OPTION
NOW THIS AGREEMENT WITHNESSETH and it is hereby
agreeing upon by and between the parties hereto on the following
terms and conditions.
ARTICLE – I - DEFINITIONS
In this present unless there is anything repugnant to or
inconsistent with: -
1.1 OWNER(S): shall mean the aforesaid …………………………….
and their respective legal representatives administrators,
executors and assigns.
AND
1.2 DEVELOPER(s) : shall mean and include the ……………….
1.3 TITLE DEEDS: shall mean all the documents of title
relating to the said land and premises, which shall be handed
over and/or handed over in original to the Developer at the time
of execution of the agreement.
1.4 PREMISES/PROPERTY: shall mean ALL THAT piece and
parcel of land as described in the “A” schedule of this deed
described herein below
1.5 NEW BUILDING: shall mean the Multistoried Building (G+
upper-storied) as per available sanctioned area, which is to be
constructed over the said premises as per plan to be sanctioned
by the concerned Municipality / KMC / Municipal corporation /
panchayet .
1.6 COMMON AREA FACILITIES AND AMENITIES: shall mean
and include, corridors stair ways, passage ways, drive ways,
Common lavatories, tube well, overhead water tank, water pump
and motor, roof and all other facilities which is to be attached
with the proposed Building for better enjoyment as Apartment
Ownership Act or mutually agreed by and between the owners
and the Developer.
1.7 COVERED AREA: shall mean the area covered with outer
wall and constructed for the unit including fifty Percent area
covered by the common partition wall between two units, and
cent percent area covered by the individual wall for the unit plus
proportionate area share of stair/lobby/other facilities etc. It is
applicable for individual unit.
1.8 SALEABLE SPACE: shall mean the flat/units/Garage/space
in the building available for independent use and occupation of
the self-contained flat after making due provision for common
amenities and facilities for better enjoyment against
consideration.
1.9 SUPER BUILT UP AREA OF THE
FLAT/UNIT/SPACE/GARAGE: shall mean and include the
total covered area of the unit plus minimum 20% service area,
over the aforesaid total covered area, is applicable for individual
unit.
1.10 BUILDING PLAN: shall mean such plan to be prepared by
the Architect/ Engineer/L.B.S. for the construction of the
building and to be sanctioned by the concerned Municipality /
KMC / Municipal corporation / panchayet. Be it mentioned here
that the Building Plan will be sanctioned in the name of the
Owners at the cost of the Developer with such addition, alteration
or modification as prescribed and/or made afterwards by the
Developer from time to time through the owners or by
themselves.
1.11 OWNERS’ ALLOCATION shall be ……………..…. % of total
constructed area with total receipt money of Rupees ……………/-
Description of flats under owners allocation :
TYPING OPTION
All the Flats shall have the undivided proportionate share or
interest of underneath land along with proportionate rights on all
common areas and facilities of the proposed building, within their
respective Blocks, which is constructed and/or to be constructed
as per Building Plan and/or its added and/or Revised Plan,
which was be duly sanctioned by the concerned Authority.
1.12 DEVLOPERS’/PROMOTERS’ ALLOCTION: shall mean the
remaining constructed area after providing the Owners’ allocation
in the proposed building to be constructed on the said premises
including proportionate share of the common facilities and
amenities.
1.13 TRANSFER: shall mean and included transfer by delivered
of possession as per present customs or by any other means
adopted by the Developer for effecting transfer of the proposed
building or flat to the intending purchasers thereof against
valuable consideration.
ARTICLE - II : COMMEENCEMENT & DURATION
2.1 This agreement shall be deemed to have commenced on
and from the date of execution of this Agreement and
thereafter sale out of all the flat/units/Garage/space to the
intending purchasers and also after delivery of possession to
the flat owners and land owners and after formation of the
flat/unit owners’ Association, if required, this Development
Agreement will be coming to an end.
ARTICLE – III: OWNER’S DECLARATION, RIGHTS AND
RESPONSIBILITIES
3.1 The owner (s) hereby declare that he/she/they is/are the
single / joint and absolute owner (s) of the scheduled property
and now seized and possessed of or otherwise well and sufficient
entitled thereto without any disturbance hindrance in any
manner whatsoever and the said property is free from all
encumbrances charges, attachments, acquisition or requisition
whatsoever or howsoever and the owners have good and
marketable title over the said land.
3.2 That the owner (s) hereby agreed that he /she/they will not
grant lease, mortgage, charge or encumber the scheduled
property in any manner whatsoever during the existing/
substance of this agreement as well as during the construction of
the building without prior written consent of the Developer and
also undertakes that for the betterment of the Project shall
acquire and to produce all the relevant papers documents and
copy of the order if any from the competent Court Authority
Concern.
3.3. That the owner (s) hereby agree to sign, execute Registered
Development Power of Attorney and also all the petitions,
Affidavit, Deeds, Plaints, written objection, proposed site plan,
Building plan, Completion Plan, Declaration of Amalgamation,
Deed of Amalgamation, Agreement for Sale and all other
necessary Documents in favour of the Developer or its Nominated
person or persons for betterment of the construction over the
schedule land and adjacent land and betterment of project and
also for the betterment of title over the Schedule property and the
owner (s ) also agreed to pay all the costs and expenses of the
documents in up-to-date condition and for betterment of Title of
the property of the owner ( s ) herein.
3.4. That the owner(s) shall be liable and responsible for
litigation, if any arose due to defects on their part or with regard
to title in respect of the land or any boundary dispute and if any
restraining order comes into force due to act of any third party or
contagious land owners, then the Developer(s) will be entitled to
get cost of litigation from the Landowner(s), which will be
incurred by the developer(s) during such litigation. Be it
mentioned that if there any type of litigation is found or arose
due to any order of the competent Court Authority concern or
any other competent authority concern, then the delay in respect
of delivery of possession of the owners’ allocation shall not be
considered the delay on the part of the Developer(s).
3.5. That the owner(s) hereby undertake(s) to deliver and/or
handover all the Photostat copy and/or Original of all the Deeds
and documents to the Developer(s) at the time of execution of this
Agreement and if the Original documents is not delivered in
favour of the Developer(s), then produce all the Original
documents, whenever called for production of the same by the
Developer(s).
3.6 That the Owner(s) hereby giving exclusive license to the
Developer(s) to commercially exploit the same as per terms and
condition contained in this Agreement and hereby authorized the
Developer(s) to enter into agreement for sale, lease, transfer,
mortgage and to dispose of the Developer’s Allocation together
with right to assignment of all the rights title interest of this
agreement to any third party and the owner(s) will give necessary
consent for betterment of this project without raising any
objection to that effect save and expect the owners’ allocation as
mentioned.
3.7 The Owner(s) hereby agree to execute a Registered
Development Power of Attorney in favour of the Developer(s) or its
nominated person/s in respect of the Developer’s Allocation and
also for the purpose of addition, alteration, revision of the
sanctioned building plan, Completion Plan for construction and
completion of the work as per Agreement and also to sign on the
Deed on or behalf of the owner and to present the same before
the District Registrar, Addl. District Sub-Registrar or other
Registrars, who has authority to register the Deed of transfer and
other documents and if required owners will put their signature
on the Agreement for Sale, Deed of conveyance after delivery of
possession of the owner’s allocation. It is also further agreed that
for the purpose of betterment of the intending purchasers, if
required, the owner (s) herein will join in the Deed of Conveyance
as owners for Transfer the Flat to the intending purchaser(s).
3.8 The owner(s) hereby undertake(s) not to do any act, deeds or
things by which the Developer(s) may prevent from executing any
Deed of Conveyance in favour of the intending purchaser or
Purchasers of the Developer’s Allocation. If the Developer(s) fail(s)
to deliver possession of the owners’ Allocation within the
stipulated period, then the owner(s) will be entitled to get
compensation/damages from the Developer(s) as deemed fit by
the Developer(s). Be it mentioned here that the Time will be
essence of the contract.
3.9 That the Owner(s) hereto without being influenced or
provoked by anybody do hereby categorically declared that the
Developer(s) shall continue to construct the building exclusively
in the name of the Developer(s)/Development Firm and also by
taking partner in the Firm at its own cost, arrangement and
expenses as well as the Owner(s) shall have no financial
participation and or involvement. The Developer(s) shall handover
the complete habitable peaceful vacant possession of the Owner’s
Allocation within ……………months from the date of execution
and registration of this Agreement, which is later and the time is
the essence of this Contract and such time shall be enhanced
and/or extended for another ………………. months for any force-
majeure, acts of God and/or other reasons which is or are or
shall be beyond control of the Developer(s) and if the Developer(s)
will fail or neglect to handover the possession of Owners’
Allocation within the said stipulated ………………months from the
date of obtaining the Sanctioned Building Plan, then in that case
the Owner(s) shall have every right to take legal steps with due
process of law.
ARTICLE – IV:
DEVELOPER’S RIGHTS, OBLIGATION AND DECLARATION
4.1 The Developer(s) hereby agreed to complete the multi-storied
(G+Upper-storied) building over the property as per plan as
sanctioned by the concerned Municipal Authority/ KMC/
Municipal corporation/ panchayet concern with due modification
or amendment of the sanction plan as made or caused to be
made by the Architect /Engineer/L.B.S. of the Developer. Be it
pertinent to mention here that at present the Plan of G+Upper-
storied Building will be submitted for sanction before the
concerned Municipality/ KMC/ Municipal corporation/
panchayet.
4.2 The Developer(s) hereby declares to take care of the local
hazards or accident during the continuation of construction and
the owners shall have no liability to that effect.
4.3 All applications plans papers and documents as may be
required by the developer(s) for the purpose of sanction of Plan,
Revised plan, Addition/ Alteration of the building plan shall be
submitted by the developer(s) with due signature of the owner(s)
or on behalf of the owners as may be required and all costs
expenses and charges be paid by the developer(s) and also for
construction of the building thereon and the Developer(s) will pay
all the payments and expenses required for clearance of the
occupier thereof, either in cash or in area or in any other lawful
manner.
The Developer(s) hereby agreed to deliver possession of the
owners’ allocation in the proposed new building within aforesaid
stipulated months from the date of execution and Registration
of this Agreement, and if required, the owner(s) will further allow
aforesaid stipulated months for delivery of possession of the
owners’ allocation without claiming any damages. It is also
agreed that the delivery of possession of the owners’
allocation will be made first and after that the Developer(s)
will be entitled to handover possession of the Developer’s
Allocation and if required benefits of the parties hereto before or
after completion of the building necessary supplementary
Agreement will be executed. Be it pertinent to mention here that
the Developer(s) will obtain Completion Certificate (C.C.) at
its/his/her/their own cost expenses and Xerox copy of the
same will be given to all the owner(s)/occupier(s) of the units of
the newly constructed building.
4.4 That the notice for delivery of possession of the owners’
Allocation shall be delivered by the developer(s) in writing or
though the Advocate of the Developer(s) either by Registered post
or courier service or under certificate of posting or hand delivery
with acknowledgement due card and the owner(s) are bound to
take possession within ……………. days from the date of service
of this letter. If the owner(s) fail(s) to take delivery of possession
or neglected to do so, then it will be deemed that the owner’s
allocation already delivered and the Developer(s) shall be entitled
to transfer the Developer’s Allocation without any further notice.
That the owners shall have to clear all the dues if any due is
caused due to extra work other than the specification of flat as
mentioned in the schedule as mentioned below.
4.5 That the Developer(s) shall have every responsibility for the
incidents occurred during the course of construction and the
Owner(s) shall have no responsibility for the same, if the Owner
(s) are not interfere during the construction and after completion
of the building and handover the same to the Owner(s) and
Intending Purchaser(s), the Developer(s) shall have no liability for
any incident occurred in the said Building.
ARTICLE – V. CONSIDERATION & PROCEDURE
5.1 In consideration of the construction of the owners’ allocation
in the building and other consideration of any mentioned in the
owners’ allocation, the Developer(s) is/are entitled to get
remaining constructed area of the building and proportionate
share of the land as Developer’s allocation.
5.2 That if the Developer(s) fail(s) to complete the construction
work in respect of the owner’s allocation within the stipulated
period as stated above, and then the Owner(s) shall have liberty
to rescind this Agreement on re-payment of the cost and
expenses as well as the consideration money paid by the
Developer(s) as per mutual calculation of the parties. Be it
mentioned here that time will be essence of the contract.
ARTICLE – VI. DEALINGS OF SPACE IN THE BUILDING
6.1 The Developer(s) shall on completion of the building put the
owner(s) in undisputed possession in respect of the owners’
allocation together with the right to enjoy the common facilities
and amenities attached thereto with other of the units/shops etc.
6.2 The Developer(s) being the party of the Second part shall be
at liberty with exclusive rights and authority to negotiate for the
sale of the flats/ units/unit/ space together with right to
proportionate share of land excluding the space/units/flat
provided under the Developer’s Allocation in the premises to any
prospective buyer/s before, after or in course of the construction
work of the said building at such consideration and on such
terms and conditions as the Developer(s) shall think fit and
proper.
6.3 The Developer(s) shall at /his/her/their/its own costs,
construct and complete the building at the said premises strictly
in accordance with the sanctioned plan and due modification if
any with such material and with such specification as are to be
mentioned in the sanctioned plan of the building hereunder
written and as may be recommended by the Architect/Engineer
from time to time. The Developer(s) shall on completion of the
building shall obtain Completion Certificate from the
Appropriate Authority concern at its own costs and
expenses.
6.4 That the developer(s) shall install erect and shall provide
standard pump set, overhead and underground reservoirs,
electric wiring, sanitary fittings, and other facilities as are
required to be provided in respect of building having self-
contained apartment and constructed for sale of
flats/shops/garages on ownership basis and as mutually agreed.
Be it mentioned that the security money deposit for the new
electric meter connection shall be paid by the owner(s) to the
Developer(s) for their respective meters in the individual name(s)
of the Owner(s). It is also mentioned that the Developer(s) will fix
the sale rate for flat/garages etc. for Developer’s allocation
without consultation of the owner(s).
ARTICLE – VII. COMMON FACILITIES
7.1 The Developer(s) shall pay and bear all property taxes and
other dues and outgoings in respect of the building accruing due
on and from the date of execution of the agreement or before and
after handing over the possession of the flats all the flats owner(s)
will pay due according to his/her/their shares.
7.2 As soon as the respective self-contained flat is completed the
developer(s) shall give written notice to the owner(s) requiring the
owner(s) to take possession of the owner’s allocation in the newly
constructed building and after ………… days from the date of
service of such notice and at all times, thereafter the owner(s)
shall be exclusively responsible for payment of municipal and
property taxes rates duties dues electric installation charges
electric charges bill and other public outgoings and impositions
whatsoever (hereinafter for the sake of brevity referred to as “the
said rates”) payable in respect of the owners’ allocation the said
rates to be apportioned prorata with reference to the saleable
space in the building if any are levied on the building as whole.
7.3 The Owner(s) and Developer(s) shall punctually and regularly
pay for their respective allocation the said rates and taxes
(including service taxes and other taxes) to the concerned
authorities as levied by the Central or State Govt. or other
Appropriate Authorities or otherwise as may be mutually agreed
upon between the Owner(s) and the Developer(s). The owner(s)
hereby agreed that he/she/they shall keep each other
indemnified against all claims actions demands, costs, charges
and expenses and proceeding instituted by any third party or
against the owner(s) for the same the developer(s) will be entitled
to get damages.
7.4 The owner(s) or his/her/their agents or representatives or
any third party of the owners’ behalf shall not do any act
deed or things wherein the developer(s) shall be prevented
from construction and completing of the said building or to
sale out the flat/units to the intending
purchaser/purchasers. If the developer(s) is prevented by
the owner(s) without any reasonable and/or justified
reason, then the owner(s) or his/her/ their legal
representative(s) shall pay bound to indemnify the loss and
pay damages with interest and such delay will not be
calculated within the stipulated time.
ARTICLE – VIII. COMMON RESTRICTIONS
THE OWNERS’ ALLOCATION AFTER POSSESSION IN THE
PROPOSED BUILDING SHALL BE SUBJECT TO THE SAME
RESTRICTION AND USE AS IT IS APPLICABLE TO THE
DEVELOPER’S ALLOCATION RESPECTIVE POSSESSION IN
THE BUILDING WHICH ARE FOLLOWS: -
8.1. Neither party shall use or permit to the use of the respective
allocation in the building or any portion thereto for carrying on
any obnoxious illegal and immoral trade or activities nor use
thereto for any purpose, which may cause any nuisance or
hazard to the other occupies of the building.
8.2. Neither party shall demolish any wall or other structure in
their respective allocation or any portion thereof or make any
structural addition or alteration therein without previous written
consent from the owner, developer or from the competent
authority or from KMC/ municipal / Municipal
corporation/panchayet authority concern in this behalf.
8.3. Both parties shall abide by all laws, bye laws rules and
regulations of the Government Statutory bodies and/or local
bodies as the case may and shall be responsible for any deviation
and/or breach of any of the said laws and regulations.
8.4. The respective allotee or their transferees shall keep the
interior walls, sewers, drains pipe and other fitting and fixtures
and appurtenances and floor and ceiling etc. in each of their
respective allocation in the building in good working conditions
and repair and in particulars so as not to cause any damage to
the building or any other of them and/or the occupiers of the
building indemnified from the against the consequence of any
breach.
8.5. No goods or other items shall be kept by either party or their
transferees for display or otherwise in the corridors or other place
of common use in the building and no hindrance shall be caused
in any manner in the free movement of user in the corridors and
other places of common use in the building.
8.6. Neither party nor their transferees shall throw or
accumulate any dirt, rubbish waste or refuse or permit the same
to be thrown or accumulated in or about be building or in the
compounds corridors or any other portion or portions of the
building.
8.7. Neither the parties or their transferees shall permit other
agent with or without workmen and other at all reasonable times
to enter into and upon each party’s allocation and each part
thereof for the purpose of maintenance or repairing any part of
the building and/or for the purpose of repairing maintaining
rebuilding and/or for the purpose of repairing maintaining
rebuilding cleaning lighting and keeping in order and good
condition any common facilities and/or for the purpose of pulling
down, maintaining, repairing and testing drains and water pipes
and electric wires and for any similar purpose.
ARTICLE – IX. OWNER’S DUTY & INDEMNITY
9.1. The owner(s) doth hereby agree and covenants with the
Developer(s) not to use cause any interference or hindrance in
any manner during the construction and throughout the
existence of this agreement of the said building at the said
premises and if any such interference or hindrance is caused by
the owner(s) or their heirs, agents, servants, representatives
causing hindrance or impediments to such construction the
owner(s) will be liable to repay entire amount invested by the
developer(s) amount will be settled by the parties amicably. It is
also further agreed that if the developer(s) is prevented for
making construction due to any litigation cropped up or due to
any restraining order passed by the competent court of a
competent Authority Concern or any statutory body law or due to
any boundary dispute amongst the contagious land owner(s),
then owner(s) will be liable to pay cost of litigation to the
Developer(s), which will be incurred by the Developer(s).
9.2. The owner(s) or their legal representative(s) herein will have
no right/ authority power to terminate and/or determinate this
agreement within the stipulated period for construction of the
building as well as till the date of disposal of all the
flats/shops/units of the Developer’s allocation or without the
violation of the terms and conditions of this Agreement. If tried to
do so then the owner(s) shall pay firstly total market price of the
constructed area with damage together with interest on
investment intimation for such intention.
9.3. It is agreed that the owner(s) will not involve any of their
workmen, contractor, agent or representative etc. or stag any
constructional materials in the building for any type of
constructional work if required in respect of the owners’
allocation in the building without any written consent from the
Developer(s).
9.4. That the owner(s) and their legal heirs hereby declare and
undertake that upon the demise of the owner/one of the owners,
the legal heir(s) of the said owner/owners will join the
Development Agreement and also execute fresh Power of Attorney
and also other required documents in favour of the Developer(s)
and also for the betterment of the project on the same terms and
conditions mentioned herein.
ARTICLE – X. DEVELOPER’S DUTY
10.1. That the Developer(s) hereby agree(s) and covenants
with the Owner(s) not to do any act, deed or things whereby the
Owner(s) /is/ are prevented from enjoying selling disposing of the
owners’ allocation in the building at the said premises after
delivery of Re-possession thereof to the owner(s) and also obtain
Completion Certificate (C.C.)/Occupancy Certificate from the
competent Authority at its own costs and expenses.
10.2. The Developer(s) hereby undertake/s to keep the
Owner(s) indemnified against all third party claims and actions
arising out of any sort of act or omissions of the Developer(s) in
relating to the making of construction of the said building. The
developer(s) shall also not interfere in any manner whatsoever to
the sale proceeds and/or otherwise with regard to the owners’
share or allocation and also not to claim any amount from the
sale proceeds of the owners’ allocation.
ARTICLE – XI. MISCELLANEOUS
11.1 The Owner(s) and Developer(s) hereto have entered into this
agreement purely as a contract and under no circumstance this
agreement shall be treated as partnership by and between the
parties and/or an Association of persons.
11.2 As and from the date of getting Completion Certificate of
the building the developer(s) and/or its transferees and the
owner(s) and/or his/her/their transferees shall be liable to pay
and bear proportionate charges on account of ground rents and
service tax and other taxes, charged by the Govt. or Semi Govt. or
local authority concern. And the proportionate cost towards
regular maintenance charges.
11.3 The building to be constructed by the developer(s) shall be
made in accordance with the specification more fully and
particulars mentioned and described in the schedule annexed in
separate sheet which will be treated part of the agreement.
ARTICLE – XII. FORCE MAJEURE
12. The parties hereto shall not be considered to be liable for any
obligation hereunder to the extent that performance of the
relative obligation is prevented by the existing of “Force Majeure”
and shall be suspended from obligations during the duration of
the Force Majeure, which also includes non-availability of
Building materials due to Government Notifications or against
notification or rules and regulations of the other appropriate
authority and also includes mass stopping of work in the locality
against notification or rules and regulations of the other
appropriate authority.
ARTICLE – XIII. ARBITRATION CLAUSE
13. It is hereby agreed by and between the parties that all
dispute and/or difference by and between the parties hereto in
any way relating to or connected with the flats and or
construction and or in respect of this agreement and/or anything
done in pursuance hereto and/or otherwise shall be referred for
arbitration, which will adjudicated in accordance with the
Arbitration and conciliation Act, 1996, or any amendment
thereon as may be applicable.
In case agreement unless it is contrary or repugnant to the
context.
a) Singular shall include the plural and vice-versa.
b) Masculine shall include the feminine and vice-versa.
14) Any others points to specify:
TYPING OPTION, ONE HUNDRED WORDS
SCHEDULE OF PROPERTY
(Said Property)
All That piece and parcel of………… land measuring about ……………..
decimal / cottah, more or less, together with a ……………storied
…………….structure / covered garage / open garage of ………………. sqft
covered area with………. flooring and roof type ………….. of
age……………years , …….., lying and situated in R.S. Plot Number ………..
& corresponding L.R. plot Number…………., recorded in R.S. Khatian
Number ………………. and corresponding L.R. Khatian Number at Mouza
…………, J.L. Number…………., Touzi Number …………..under Police
Station …………. , in the office of …………….., in the district of
…………….. under the jurisdiction of …………….. Gram Panchayat /
Municipality / Municipal Corporation , recorded as Holding No. ………….,
premises number …………………..under the jurisdiction of Ward No.
…………… of ………….. Municipality/ Municipal Corporation / kmc / Gram
panchayet , butted and bounded as follows:
On the North:
On the South:
On the East:
On the West :
(SPECIFATION OF CONSTRUCTION FOR THE FLATS/
UNITS)
TYPING OPTION
IN WITNESS WHEREOF the parties hereto have set and
subscribed their respective hands and seals on the day, month
and year first above written.
SIGNED SEALED AND DELIVERED
In the presence of the following
WITNESSES:–
1.
2.
SIGNATURE OF THE OWNER(S)
___________________________
_________
SIGNATURE OF THE
DEVELOPER(s)
Drafted by me as per instructions of the Parties hereto
Read over and Explained by me and
Prepared in my office: -
MEMO OF CONSIDERATION ( IF ANY )
Witnesses :
1.
2.