Saturday, December 28, 2024

Agreement for Sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AGREEMENT FOR SALE

 

THIS AGREEMENT FOR SALE is made on this ……… the day of ……………., 2024 (Two Thousand and Twenty Four);


B E T W E E N

 

(1) SRI JYOTI PROKASH CHAKRABORTY, (having PAN – ACNPC7031N & AADHAAR NO. 3578 0009 5202), son of Late Chandi Charan Chakraborty, by occupation – Business, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (2) SMT. SANDHYA CHAKRABORTY, (having PAN – ANWPC2554J & AADHAAR NO. 6130 6014 2034), daughter of Late Chandi Charan Chakraborty, by occupation – Housewife, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (3) SMT. KALPANA CHAKRABORTY, (having PAN – ANWPC0367P & AADHAAR NO. 6495 8723 5609), daughter of Late Chandi Charan Chakraborty, by occupation – Housewife, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (4) DR. ALPANA CHAKRABORTY, (having PAN – AJLPC0799E & AADHAAR NO. 3324 0302 8669), daughter of Late Chandi Charan Chakraborty, by occupation – Service, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-A) SMT. PROVA CHAKRABORTY, (having PAN – AJXPC7121J & AADHAAR NO. 8467 6408 4874), wife of Late Debi Charan Chakraborty, by occupation – Housewife, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-B) SRI DEBDIPTA CHAKRABORTY, (having PAN – BRCPC9359R & AADHAAR NO. 9716 8720 8970), son of Late Debi Charan Chakraborty, by occupation – Student, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-C) SRI SOUMODIPTA CHAKRABORTY, (having PAN – BWVPC5060N & AADHAAR NO. 3226 6463 1981), son of Late Debi Charan Chakraborty, by occupation – Student, by faith – Hindu, by Nationality – Indian, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, hereinafter jointly & collectively called and referred to as the VENDORS (which terms or expression unless excluded by or repugnant to the subject or context shall be deemed to mean and include their successor or successors in Office and/or assigns) of the ONE PART.

AND

 

MANGOE CONSTRUCTION PRIVATE LIMITED (PAN –AAFCM1277P),  a company within the meaning of The Companies Act, 2013, having its registered office at ‘Diamond Prestige’, 41A, A J C Bose Road, 9th Floor, Post Office - Park Street, Police Station - Park Street, Kolkata- 700017, represented by its DIRECTOR, SMT. RANJANA SEN, (PAN: AKOPS6726P & AADHAAR NO. 3412 2397 2987), wife of Late  Sankar Sen residing at 53A, Lake Place, Post Office - Sarat Bose Road, Police Station - Tollygunge, Kolkata - 700029 authorized and empowered in terms of Resolution hereinafter referred to as PURCHASER(which terms or expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors in interest and assigns) of the OTHER PART;

 

WHEREAS (1) Prativa Chakraborty (since deceased), wife of Late Chandi Charan Chakraborty, (2) Smt. Prova Chakraborty, wife of Late Debi Charan Chakrabarty self & natural Guardian of (i) Sri Debdipta Chakraborty & (ii) Sri Soumyaditya Chakraborty, both are sons of Late Debi Charan Chakraborty, (3) Sri Jyoti Chakraborty, son of Late Chandi Charan Chakraborty, (4) Smt. Sandhya Chakrabarty, daughter of Late Chandi Charan Chakraborty, (5) Smt. Kalpana Chakrabarty, daughter of Late Chandi Charan Chakraborty, (6) Dr. Alpana Chakrabarty, daughter of Late Chandi Charan Chakraborty claim to be the absolute owners in respect of the property more fully described in the First Schedule herein below by way of inheritance and on the strength of the record in R.S. Khatian No. 136, R.S. Dag No. 643, which stands in the name of Chandi Charan Chakraborty.

         

 

 

AND WHEREAS subsequent to the demise of said Chandi Charan Chakrabarty, Prativa Chakraborty (since deceased), wife of Late Chandi Charan Chakraborty (the owners therein) claim themselves to be the absolute owners of the First Scheduled property by way of inheritance from the said Chandi Charan Chakrabarty and L.R. Khatian No. 181, L.R. Dag No. 670 the name of the owners therein are duly recorded. The owners therein have duly paid rent to the State of West Bengal and the owners therein are duly recorded in the Assessment Register of Rajpur Sonarpur Municipality and the owners therein have duly paid Municipal Taxes. The Owners therein undertaken that other than the owners therein, there is no heir of Chandi Charan Chakrabarty, since deceased.

 

          AND WHEREAS the owners therein desirous to construct a multi-storied building in the First Scheduled property and due to their paucity of fund and lack of technical knowhow were in search for a developer who is capable of taking the venture of construction of a multi-storied building on the First Scheduled property at his own cost and expertise.

 

          AND WHEREAS SRI RAM CHANDRA GHOSH, (PAN – AIEPG3738R & AADHAAR NO. 8748 7983 9872), son of Late Kanailal Ghosh, residing at ‘ABIRBHAB APARTMENT’, 117 Aghore Sarani, Rajpur, P.O. Rajpur, P.S. Sonarpur, Kolkata – 700149, District – South 24 Parganas, the Developer/Other Part therein learning about the aforementioned decision of the owners/First Part therein met the owners/first part therein and gave them the proposal for construction of the multi-storied building.

 

          AND WHEREAS after negotiation both the parties to the agreement namely the owners and the developer agreed to terms and conditions more particularly set forth therein and both the parties entered into a Development Agreement duly executed on 14.11.2014 & registered on 19.11.2014 before A.D.S.R.O. Sonarpur, South 24 Parganas and recorded in Book No. I, CD Volume number 23, Page from 6560 to 6588, being No. 11259 for the year 2014 and also executed General Power of Attorney dated 19th day of November, 2014 duly registered before A.D.S.R.O. Sonarpur, South 24 Parganas and recorded in Book No. I, CD Volume number 23, Page from 6545 to 6559, being No. 11260 for the year 2014 in favour of Sri Ram Chandra Ghosh, son of Late Kanailal Ghosh, the Developer therein for construction the said multi-storied building over the First Schedule mentioned property as per the sanctioned building plan to be sanctioned by the Rajpur Sonarpur Municipality.

 

AND WHEREAS Prativa Chakraborty, wife of Late Chandi Charan Chakraborty and others the owners therein by virtue of the aforesaid Development Agreement and General Power of Attorney granted exclusive right to Sri Ram Chandra Ghosh, son of Late Kanailal Ghosh, Proprietor of Abir Construction, the Developer therein to undertake the construction of multi-storied building in accordance with the sanctioned Building Plan vide Sanctioned Memo No. 66/CB/10/10 dated 19/08/2016 and revised Plan No. 38/COMP/CB/10/15 dated 09.09.2020 sanctioned by the Rajpur Sonarpur Municipality.

 

AND WHEREAS a deed of confirmation of allotment, demarcation and as regards possession of the total F.A.R. along with common area etc. among the then respective owners of the One Part, the present Vendor Nos. 1 to 5A and the Developer of the other Part as per respective schedule was executed on last 16th December 2016 as Supplementary to the Original Development Agreement.

 

AND WHEREAS said Smt. Prativa Chakraborty, one of the co-owner of the First Part therein died intestate on 29.09.2019 leaving behind her legal heirs and successors namely Sri Jyoti Prokash Chakraborty, Smt. Sandhya Chakraborty (unmarried daughter), Smt. Kalpana Chakraborty (unmarried daughter), Dr. Alpana Chakraborty (unmarried daughter), Smt. Prova Chakraborty (daughter-in-law), wife of Late Debi Charan Chakraborty, who died on 09.11.2012), Sri Debdipta Chakraborty, grandson, the son of her pre-deceased son Late Debi Charan Chakraborty, who died on 09.11.2012 and Sri Soumodipta Chakraborty, grandson, the son of her pre-deceased son Late Debi Charan Chakraborty, who died on 09.11.2012 as her legal heirs and successors and also the said Sri Debdipta Chakraborty & Sri Soumodipta Chakraborty, both sons of Late Debi Charan Chakraborty are adult now.

 

AND WHEREAS upon the consequence of the death of Smt. Prativa Chakraborty, the said previous Power of Attorney got invalid and cancelled and as such the name of the demised Prativa Chakraborty is required to be expunged therefrom.

 

AND WHEREAS (1) Sri Jyoti Prokash Chakraborty, (2) Smt. Sandhya Chakraborty, (3) Smt. Kalpana Chakraborty, (4) Dr. Alpana Chakraborty, legal heirs of son of Late Chandi Charan Chakraborty and Late Prativa Chakrabory and (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty executed a Development Power of Attorney dated 10.02.2020 duly registered before A.D.S.R.O. Sonarpur, South 24 Parganas and recorded in Book No. I, Volume number 1608-2020, Page from 15485 to 15528, being No. 160800591 for the year 2020 in favour of Sri Ram Chandra Ghosh, son of Late Kanailal Ghosh, Proprietor of Abir Construction, the Developer therein to do all acts i.e. to look after, manage, sign various papers/documents and completion of the said multi-storied building.

 

AND WHEREAS accordingly the said Sri Ram Chandra Ghosh, son of Late Kanailal Ghosh, Proprietor of Abir Construction, the Developer therein constructed the said G+IV storied building over the First scheduled property and as per the terms of the Development Agreement in the year 2014 & also Supplementary Agreement in the year 2016 and sanctioned Plan No.66/CB/10/10 dated 19/08/2016 and the said Sri Ram Chandra Ghosh, son of Late Kanailal Ghosh, Proprietor of Abir Construction, the Developer handed over 50% of the total constructed area, the share of Owners’ allocation in favour of  (1) Sri Jyoti Prokash Chakraborty, son of Late Chandi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (2) Smt. Sandhya Chakraborty, daughter of Late Chandi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (3) Smt. Kalpana Chakraborty, daughter of Late Chandi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (4) Dr. Alpana Chakraborty, daughter of Late Chandi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty, residing at Sahebpara, Sonarpur Station Road, P.O. & P.S. Sonarpur, Kolkata – 700150, the landowners by a Letter of Possession dated 07.02.2020 and whereunder the said Developer specified the owners’ allocation in the said building in such form i.e. (1) Sri Jyoti Prokash Chakraborty, son of Late Chandi Charan Chakraborty, (2) Smt. Sandhya Chakraborty, daughter of Late Chandi Charan Chakraborty, (3) Smt. Kalpana Chakraborty, daughter of Late Chandi Charan Chakraborty, (4) Dr. Alpana Chakraborty, daughter of Late Chandi Charan Chakraborty, (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty, (the landowners) exclusively allotted vacant and on the spot possession, out of which one Shop on the Ground Floor – East side, having Carpet area more or less 1289 sq.ft., Super built up area more or less 1399 sq.ft. and another Commercial Space in the First Floor – South North East side, measuring Carpet area more less 1391 sq.ft., Super built up area more or less 1520 sq.ft. with lift facility and Tiles flooring in the said newly constructed (G+IV) multi-storied building named as “Chakraborty Apartment” after getting the aforesaid units they have become the owners of the same, lying and situated at Mouza – Noapara, J.L. No. 40, comprised and contained in R.S. Khatian No. 136, L.R. Khatian No. 181, 2267, 2269, 2270, 2271, 2272, 2291, 2292, 2294, R.S. Dag No. 643, L.R. Dag No. 670 within the local limits of Rajpur- Sonarpur Municipality under Ward No. 10, Holding No. 639, Noapara Road, P.S. Sonarpur, within the Jurisdiction of A.D.S.R.O. Sonarpur, District – South 24 Parganas.

 

AND WHEREAS in terms of the said Development Agreement the vendors herein are entitled to sell, transfer and convey one Shop on the Ground Floor – East side, having Carpet area more or less 1289 sq.ft., Super built up area more or less 1399 sq.ft. and another Commercial Space in the First Floor – South North East side, measuring Carpet area more or less 1391 sq.ft., Super built up area more or less 1520 sq.ft. aggregating in total Carpet area more or less 2680 sq.ft. and Super built up area more or less 2919 (Two thousand nine hundred nineteen) sq.ft. jointly called the said UNIT with lift facility and Tiles Flooring of the G+IV storied Residential-cum-Commercial building having Holding No. 639, Noapara, under Ward No. 10 of Rajpur - Sonarpur Municipality, P.S. Sonarpur, within the jurisdiction of A.D.S.R.O. Sonarpur, District – South 24 Parganas Together with proportionate undivided indivisible impartible variable share in the land comprised in the said Premises containing an area of 16 decimal equivalent to more or less 9 Cottahs 10 Chattacks 39 Sq. ft. of the said building at the said Premises (which the said Premises is described in the FIRST SCHEDULE hereunder written) TOGETHERWITH proportionate undivided indivisible impartible variable share in the Common Areas and installations in the said building and installations in the said building and said Premises, with right to use and enjoy the same in common (all collectively described in the Second Schedule hereunder written and hereinafter collectively referred to as “the said Units and the properties appurtenant thereto”), absolutely and forever free from all encumbrances and liabilities whatsoever.

 

AND WHEREAS (1) Sri Jyoti Prokash Chakraborty, (2) Smt. Sandhya Chakraborty, (3) Smt. Kalpana Chakraborty, (4) Dr. Alpana Chakraborty, legal heirs of Late Chandi Charan Chakraborty and Late Prativa Chakrabory and (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty, the Vendors herein are the joint and absolute owners of the said Units and the properties appurtenant thereto, free from all encumbrances mortgages charges leases tenancies liens lispendens attachments trusts uses debutters restrictions restrictive covenants acquisition requisition alignment and liabilities whatsoever or howsoever.

 

AND WHEREAS (1) Sri Jyoti Prokash Chakraborty, (2) Smt. Sandhya Chakraborty, (3) Smt. Kalpana Chakraborty, (4) Dr. Alpana Chakraborty, legal heirs of son of Late Chandi Charan Chakraborty and Late Prativa Chakrabory and (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty, the Vendors herein are the absolute owners of the said Units and the properties appurtenant thereto, free from all encumbrances mortgages charges leases tenancies liens lispendens attachments trusts uses debutters restrictions restrictive covenants acquisition requisition alignment and liabilities whatsoever or howsoever.

 

AND WHEREAS (1) Sri Jyoti Prokash Chakraborty, (2) Smt. Sandhya Chakraborty, (3) Smt. Kalpana Chakraborty, (4) Dr. Alpana Chakraborty, legal heirs & son of Late Chandi Charan Chakraborty and Late Prativa Chakrabory and (5-A) Smt. Prova Chakraborty, wife of Late Debi Charan Chakraborty, (5-B) Sri Debdipta Chakraborty, son of Late Debi Charan Chakraborty, (5-C) Sri Soumodipta Chakraborty, son of Late Debi Charan Chakraborty, the Vendors herein have contacted with MANGOE CONSTRUCTION PRIVATE LIMITED (PAN NO –AAFCM1277P),  a company within the meaning of The Companies Act, 2013, having its registered office at ‘Diamond Prestige’, 41A, A J C Bose Road, 9th Floor, Post Office - Park Street, Police Station- Park Street, Kolkata- 700 017, represented by its DIRECTOR, SMT. RANJANA SEN, hereinafter referred to as the “PURCHASER”, to sell convey and transfer and the Purchaser herein agreed to purchase the aforesaid and below schedule mentioned Unit and the properties appurtenant thereto from the Vendors herein for a total consideration of Rs.3,96,90,000/- (Rupees Three Crore Ninety Six Lakh Ninety Thousand) only and to that vendors have agreed.

 

NOW THIS AGREEMENT WITHNESSETH and it is hereby and hereunder agreed by and between the parties as follows:-

 

(1)  That in terms of this agreement as aforesaid the vendors herein have agreed to sell and the purchaser herein have agreed to purchase All That one Shop on the Ground Floor – East side, having Carpet area more or less 1289 sq.ft., Super built up area more or less 1399 sq.ft. and another Commercial Space’ in the First Floor – South North East side, measuring Carpet area more less 1391 sq.ft., Super built up area more or less 1520 sq.ft. aggregating in total Carpet area more or less 2680 sq.ft. and Super built up area more or less 2919 (Two thousand nine hundred nineteen) sq.ft. with lift facility and Tiles flooring of the said building With Right to park one number of medium sized motor car in the front side of the Ground Floor Shop in the building premise having Holding No. 639 Noapara, Ward No. 10 of Rajpur-Sonarpur Municipality, South 24 Parganas Together with proportionate undivided indivisible impartible variable share in the land containing an area of 16 decimal of the said G+IV building at the said Premises (which the said Premises is described in the FIRST SCHEDULE hereunder written) Together With proportionate undivided indivisible impartible variable share in the Common Areas and installations in the said building and installations in the said building and said Premises, with right to use and enjoy the same in common (all collectively described in the SECOND SCHEDULE hereunder written and hereinafter collectively referred to as “the said Units and the properties appurtenant thereto”), absolutely and forever free from all encumbrances and liabilities whatsoever for the amount of consideration payable to the Vendors  by the purchaser as agreed, for the said aforementioned commercial unit at Rs.3,96,90,000/- (Rupees Three Crore Ninety Six Lakh Ninety Thousand) only subject to deduction of taxes  as may be applicable  free from all encumbrances.

 

(2)  The purchaser on execution of this agreement have paid to the Vendors herein to the tune of Rs.2,00,00,000/- (Rupees Two Crore) only as in part payment of total consideration of Rs.3,96,90,000/- (Rupees Three Crore Ninety Six Lakhs and Ninety Thousand) only for sale of the said units in favour of the purchaser and the Vendors herein formerly acknowledge the receipt thereof as per memo of consideration as detailed herein, and the Balance Rs. 1,96,90,000/- (Rupees One Crore Ninety Six Lakh and Ninety Thousand) only will be paid by the Purchaser to the Vendors at the time of registration or completion of registration within 15th day of December 2024.

 

(3)  At or on the execution of this Agreement the Vendors and Purchaser have represented that-

     

(a)  The said Property is free from all encumbrances charges liens lispendens requisitions attachments trusts of whatsoever nature.

 

(b)  The Vendors undertake that the said Commercial units are free from all encumbrances, having good and marketable title thereto.

 

(c)  The Vendors are entitled and Competent to transfer the said Units as mentioned in the Schedule hereunder.

 

(d)  The Vendors have agreed to handover the all original or available certified copy of connected documents with the copy of the plan sanctioned by the authorities concerned on or before the date of completion of Deed of Conveyance.

 

(e)  The schedule property is not mortgaged with any Bank of India.  

 

(f)   The purchaser had inspected the said Unit in presence of the Vendors and satisfied about the Unit by taking measurement with the help of its Engineer or Architect.

 

(g)  The Purchaser is in need to install essential fire safety work in exploiting the Commercial Unit located at the Ground Floor as well as at the First Floor of the Building Premises admeasuring approx. 2680 sq.ft. and Super built up area more or less 2919 (Two thousand nine hundred nineteen) sq.ft., which require as part of the departmental mandates and being commitment to ensuring the safety and security of all occupants.

 

(h) The Purchaser upon execution of this present will take the physical possession of the said Unit in the Building premises provisionally from the Vendors herein to ensuring the safety and security of all occupants by making an underground reservoir of necessary water storage capacity at the available empty space near the entrance of the saleable area in the building premise, keeping an additional storage tank of capacity of 2,000 (Two Thousand) Litre at the terrace, with installation of fire alarms, sprinkler systems, etc. The Purchaser assured that all work will be carried out by certified professionals, and will take every precaution to minimize disruption to the residents. The proposed timeline for this work is 45 days including the concern department authority inspection and approvals, and the Purchaser ensured that any noise or inconvenience is kept to a minimum.

 

(i)   The Vendors herein will assist the Purchaser in obtaining the NOC from the Occupants or residents at the said building premises for such safety work to carry out at the earliest.

 

(j)   The Purchaser will satisfy all the statutory requirements in ensuring the safety and security of all occupants by making an underground reservoir of necessary water storage capacity at the available empty space near the entrance of the saleable area in the building premise, keeping an additional storage tank of capacity of 2,000 (Two Thousand) Litre at the terrace, with installation of fire alarms, sprinkler systems, etc., and Vendors will not liable for the same.

 

(k)  In the event the Purchaser failed to ensuring the safety and security of all occupants by making an underground reservoir of necessary water storage capacity at the available empty space near the entrance of the saleable area in the building premise, keeping an additional storage tank of capacity of 2,000 (Two Thousand) Litre at the terrace, with installation of fire alarms, sprinkler systems, etc., within a period of 45 days, the Purchaser will deliver the physical possession to the Vendors, in a conditions as it was in its original conditions, at the cost and expenses of the Purchaser, and in the further event of delay in delivering the peaceful possession to the Vendors, a sum of money as of Rs. 50,000/- (Rupees Fifty Thousand) only, being compensation is payable by the Purchaser to the Vendors, per day after the expiry of the said 45 days, till the delivery of the physical possession of the said Unit to the Vendors, herein.

 

(l)   The Purchaser will be abide by the convention of the Building Committee decisions for the Common uses and the Common Expenses at the Premises. The Purchaser will pay the contribution determined by the Building Committee, time and again.

 

(m)       Any damage to any part of the building if caused by the Purchaser, then the same would be compensated to the Building Committee forthwith, within period of seven days a week.

 

(4)  Upon payment of the entire balance consideration payable to the vendors, the Vendors shall execute and cause to register a Deed of conveyance in favour of the purchaser through the appointed advocate of the purchaser Pertaining to the said unit more fully and particularly described in the SCHEDULE hereunder written and the purchaser shall bear the cost and expenses for registering the Deed of conveyance.

 

(5)  That if the property intended to be sold is found to have been charged, encumbered, defective or otherwise the same is not free from all encumbrances or vendor fails to complete and comply the terms mentioned herein in this agreement, then the Purchaser shall not purchase the said property and the Vendors mentioned shall on demand refund the advanced money to the Purchaser together with the prevailing Banking interest for the time being in force.

 

(6)  That if the property intended to be sold will not purchase by way of paying the balance money within the stipulated period as of the 15th day of December’ 2024, by the Purchaser herein, then the Vendor will refund the money after deduction of Rs. 20,00,000/- (Rupees Twenty Lakhs) only, to the Purchaser within the next period of seven days a week, thereof.

 

(7)  The Purchaser shall save harmless indemnify and keep indemnified the Vendors against all the actions in installations of the safety and security of all occupants by making an underground reservoir of necessary water storage capacity at the available empty space near the entrance of the saleable area in the building premise, keeping an additional storage tank of capacity of 2,000 (Two Thousand) Litre at the terrace, with installation of fire alarms, sprinkler systems, etc.

 

(8)  The Vendors shall save harmless indemnify and keep indemnified the purchaser against all encumbrances, charges and equities whatsoever if so found to have been created or suffered by the vendor relating to the said premises and also against any arrears, if so accrued, prior to the date of these presents on account of municipal rates and taxes, surcharge, other taxes, impositions, levies, cess and outgoing etc. relating to the said premises.

 

(9)  If the Vendors refuse to execute proper Deed of Conveyance in favour of the Purchaser in that event the purchaser shall be at liberty to enforce Specific Performance of Contract and shall get the Deed Registered with the help of any Court of law having jurisdiction.

 

(10)              If any of the statements or covenants made herein before by the Vendors are found to be false, untrue or any defect in title is detected hereafter the Vendors shall be liable for the same. If any error or omission is found in this Agreement in future the Vendors shall at the cost and request of the Purchaser execute or cause to be done and executed any sort of Declaration/ Rectification or any Supplementary Deed or agreement in favour of the Purchaser or its Directors, legal representatives, successors-in-officer and assigns in order to establish the right, title and interest of the Purchaser in the said property.

 

(11)              Force Majeure Clause: the parties hereto shall not be considered to be liable for any obligation hereunder to the extent the performance of the relative obligations may be prevented by the existence of force majeure, and shall be suspended from such obligation during the duration of the force majeure and Force Majeure shall mean earthquake, riot, war, storm, tempest, civil commotion, as are beyond the control of any of the parties.

 

(12)              Only the Courts in the State of West Bengal shall have the jurisdiction to entertain try and determine all actions and proceedings between the parties hereto relating to or arising out of or under this agreement or connected therewith including the arbitration as provided hereinabove.

 

(13)              Unless otherwise expressly mentioned herein all notices to be served hereunder by any of the parties on the other shall be deemed to have been served, if served by hand or sent by registered post with acknowledgment due at the address of the other party mentioned hereinabove or hereafter notified in writing and irrespective of any change of address or return of the cover sent by registered post without the same being served. None of the parties shall raise any objection as to service of the notice deemed to have been served as aforesaid.

 

 

 

 

 

 

 

 

 

 

        THE FIRST SHCEDULE ABOVE REFERRED TO :

(Premises)

 

ALL THAT piece and parcel of ‘Bastu’ land measuring 16 decimals equivalent to more or less 9 Cottahs 10 Chattaks 39 Sq. ft. along with a G+IV storied Residential-cum-Commercial building standing thereon, which is lying and situated at Mouza – Nowapara, J.L. No. 40, comprised and contained in R.S. Khatian No. 136, L.R. Khatian Nos. 181, 2267, 2269, 2270, 2271, 2272, 2291, 2292, 2294, R.S. Dag No. 643, L.R. Dag No. 670 within the local limits of Rajpur- Sonarpur Municipality under Ward No. 10, Holding No. 639, Nowapara Road, P.S. Sonarpur, within the Jurisdiction of A.D.S.R.O. Sonarpur, District – South 24 Parganas, which is butted and bounded by :-

ON THE NORTH :         Land of Krishnadhan Chakraborty.

ON THE SOUTH   :         Station Road.

ON THE EAST     :         Owners land & Common Passage.

On the West         :         Land of Ramen Naskar.

 

OR HOWSOEVER OTHERWISE the same now are or is or at any time heretofore were or was situated, butted, bounded, called, known, numbered, described and/or distinguished.

 

 

THE SECOND SCHEDULE ABOVE REFERRED TO :

(Said Units)

 

          ALL THAT piece and parcel of one Shop on the Ground Floor – East side, having Carpet area more or less 1289 sq.ft., Super built up area more or less 1399 sq.ft. and another Commercial Space in the First Floor – South North East side, measuring Carpet area more less 1391 sq.ft., Super built up area more or less 1520 sq.ft. aggregating in total Carpet area more or less 2680 sq.ft. and Super built up area more or less 2919 (Two thousand nine hundred nineteen) sq.ft. with Lift Facility and Tiles flooring along with proportionate share of land underneath of the G+IV storied Residential cum Commercial building of the said Premises No. 639, Noapara Road under Ward No. 10 of Rajpur - Sonarpur Municipality, P.S. Sonarpur, within the Jurisdiction of A.D.S.R.O. Sonarpur, District – South 24 Parganas more fully described in the FIRST SCHEDULE hereinabove written.

With Right to park one number of medium sized motor car in the front side of the Ground Floor Shop in the building premise. The details of units are as follows :-

Floor

Carpet Area

Super Built up Area

Ground Floor

1289 sq.ft.

1399 sq.ft.

First Floor

1391 sq.ft.

1520 sq.ft.

Total  :-

2680 sq.ft.

2919 sq.ft.

 

THE THIRD SCHEDULE ABOVE REFERRED TO

 

The Vendors, and Purchaser entitled to common user of the common area and the common parts mentioned in this indenture shall include:

1.        Stair cases on all the floors and lift.

2.        Main gate of the said building/premises and common passage and lobby on the Ground Floor to First floor.

3.        Water pumps, water tank, water pipes and overhead tank on the roof, arid other common plumbing installations and also pump and motor.

4.        Installation of common services viz. electricity, water pipes, sewerage, rain water pipes.

5.        Lighting in the common spaces, passage, staircase including electric meter fittings.

6.        Common electric meter and box.

7.        Electric wiring, meter for lighting staircase, lobbies and other common areas (excluding those as are installed for any particular floor] and space required thereof, common walls in between the Unit being the Unit and any other unit beside the same, on any side thereof.

8.        Windows, doors, grills and other fittings respecting the common areas of the premises.

9.        Such other common parts, areas equipment, installations, fixtures, fittings, covered and open space in or about the said Premises of the building as are necessary for use and occupancy of the respective units.

11.      Lift and its accessories.

13.      General common elements and facilities meant for the said Shop.

           a)         All private ways, curves, side walls arid areas of the said premises.

           b)         Exterior conduits, utility lines.

           c)         Public connection, meters, electricity, telephone and water owned by public utility or other agencies providing such services and located outside the building.

           d)         Exterior lighting and other facilities necessary for upkeep and safety of the said building.

           e)         All elevations including shafts, shaft walls, machine Rooms and facilities.

           f)          All other facilities or elements or any improvement outside the Units,  but upon the said building which is necessary for or convenient to the existence, management, operation, maintenance arid safety of the building or normally in common use.

           g)         The foundation, corridor, lobbies, stairways, entrance and exists, pathways, footings, columns, girder, beams, supports and exterior walls beyond the said Shop, side or interior load bearing walls within the building or concrete floor slabs except the roof slab and all concrete ceiling and all staircases in the said building all as per Sonarpur Municipal structural sanction plan.

           h)        Utility lines, telephone and electrical systems contained within the said building.

           i)          The ultimate roof or terrace i.e. upon roof of the Fourth Floor of the building will jointly be undivided, property among the owners and intending Purchaser or Purchasers within the building, the purchaser or Purchasers being entitled to use and enjoy the ultimate roof and/or terrace with the Owners without causing inconvenience to one another.


IN WITNESS WHEREOF the Parties hereunto have set and subscribed their respective hands and signatures on these presents on the day, month and year first above written.

 

SIGNED, SEALED AND DELIVERED AT BY THE

WITHIN NAMED VENDOR AND PURCHASER IN

PRESENCE OF THE FOLLOWING WITNESSES  :-

                                                                                     

 

 

 

 

                                                        -----------------------------------

                                                 Signature of  the  Vendors

                  

                                                         

 

          ----------------------------------

         Signature of the Purchaser

WITNESSES;

 

1.         

 

 

2.    

 


THE FOURTH SCHEDULE ABOVE REFERRED TO

MEMO OF CONSIDERATION

Received a sum of Rs.2,00,00,000/- (Rupees Two Crore) only as part payment from the total consideration of Rs.3,96,90,000/- (Rupees Three Crore Ninety Six Lakh Ninety Thousand) only in the followings :-

Sl. No.

P a r t i c u l a r s

Cheque / Cash

Amount (Rs.)

1

Jyoti Prokash Chakraborty

 

40,00,000/-

2

Sandhya Chakraborty

 

40,00,000/-

3

Kalpana Chakraborty

 

40,00,000/-

4

Dr. Alpana Chakraborty

 

40,00,000/-

5

Prova Chakraborty

 

10,00,000/-

6

Debdipto Chakraborty

 

20,00,000/-

7

Soumodipto Chakraborty

 

10,00,000/-

 

Total  :-

 

Rs.2,00,00,000/-

 

(Rupees Two Crore) only

WITNESSES :-

1.

 

2.

 

 


SIGNATURE OF THE VENDORS

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