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THIS AGREEMENT FOR SALE made at Mumbai this _ day of in the Christian Year Two Thousand Fifteen BETWEEN SPENTA ENCLAVE PRIVATE LIMITED, a Company incorporated under the provisions of the Companies Act, 1956 and having its registered office at 3 A/B, Raja Bahadur Mansion, 20, Ambalal Doshi Marg, Mumbai- 400 023, hereinafter referred to as “the Promoter” (which expression shall unless it be repugnant to the context or meaning thereof deem to mean and include its successors and assigns) of the ONE PART AND MRJMRSJM/S. . having address at hereinafter referred to as “the Purchaser/s” (which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include incase of individuals his/her heirs, executors administrators permitted assigns incase of Company its successors and permitted assigns and in case of the firm, such firm, its partner/s or survivor/s and heir executors, administrators and permitted assigns of last such survivor) of the OTHER PART, WHEREAS: (a) The Government of Maharashtra is the owner of all that piece and parcel of land situated, lying and being at Lal Dongar Village, Taluka-Kurla, Sion-Trombay Road, Chembur, Mumbai ~ 400 071 and assessed by Municipal M/W Ward, bearing C.T.S. No.343 admeasuring 72829.4 sq meters and more particularly described in the First Schedule hereunder written (hereinafter referred to as “the said larger property”); (b) A portion of the said larger property admeasuring about 30,856.50 sq. metres s government land and occupied by census slums of the year 1976. A plan of the said portion of the larger property is annexed hereto marked as Annexure ‘1’ (hereinafter for the sake of brevity referred to as the said property) and is more particularly described in the Second Schedule hereunder written. The Collector, Mumbai Suburban District, Mumbai has issued the Annexure II in respect of the said property on 25/06/2007. (©) The numerous slum dwellers/occupants/hutment holders on the said property have formed themselves into several societies known as (i) Bhimai Ambedkar Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.1); (ii) Panchasheel Nagar Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.2) (iii) Red Hill Co- operative Housing Society (Proposed) (hereinafter referred to as the said Society No.3) (iv) Milan Nagar Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.4) (v) Indraprastha Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.5) (vi) Vayusun Agari Seva Sangh Co-operative Housing Society (Proposed) (herein referred to as the said Society No.6) (vii) Navchaitnya Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.7), (viii) Mahatma Jyotiba Phule Nagar Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.8), (ix) Dattakrupa Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.9) and (x) Shivprerna Co-operative Housing Society (Proposed) (hereinafter referred to as the said Society No.10) (hereinafter for the sake of brevity the said Society Nos.1 to 10 are collectively referred to as “the Societies”), with a view to develop the said property under the provisions of the Slum Act and Regulation 33(10) read with Appendix IV of the Development Control Regulations for Greater Bombay, 1991: (a) The Society No.1, Society No.2, Society No.3, Society No.4, Society No.5, Society No.6, Society No.7, Society No.8, Society No.9 and Society No.10 through their respective Managing Committee, have entered into separate Development Agreements dated 20/12/2005, 06/12/2005, 05/01/2006, 01/12/2005, 21/12/2005, 17/11/2005, 07/12/2005, 23/01/2006, 20/10/2005 and 29/12/2005 with one M/s. Spenta Housing Corporation, a partnership firm duly registered under the provisions of the Indian Partnership Act, 1932, interalia granting, confirming, empowering and entrusting the development rights in respect of the said property unto and in their favour, with the absolute right to utilize the available F.S.I. of the said property in terms of the SRA Scheme and upon the terms and conditions therein contained; (©) The Society No.1, Society No.2, Society No.3, Society No.4, Society No.5, Society No.6, Society No.7, Society No.8, Society No.9 and Society No.10 through its Managing Committee, have further granted separate Irrevocable Power of Attorneys dated 20/12/2005, 06/12/2005, 05/01/2006, 01/12/2005, 21/12/2005, 17/11/2005, 07/12/2005, 23/01/2005, 20/10/2005 and 29/12/2005 respectively, unto and in favour of the Partners of the aforesaid M/s. Spenta Housing Corporation, in order to enable them to do all acts, deeds and matters relating to the development of the said property under the SRA Scheme; (f) ‘The slum dwellers on the said property, being the members of the Society No.1, Society No.2, Society No.3, Society No.4, Society No.5, Society No. 6, Society No.7, Society No.8, Society No.9 and Society No.10, have also executed Irrevocable Consent cum Declarations unto and in favour of the said M/s. Spenta Housing Corporation, interalia appointing and confirming them as the Developer to carry out the slum scheme on the said property: (g) In pursuance thereof, the aforesaid M/s. Spenta Housing Corporation submitted a proposal for development of the said property, to the Slum Rehabilitation Authority vide its Application dated 06.02.2006; (h) Thereafter, the Collector, Mumbai Suburban, after due verification in that regard has issued the Annexure II interalia declaring the number of eligible slum dwellers on the said property, Vide its letter dated 25.06.2007. (i) Thereafter, the Government of Maharashtra through the Collector, Mumbai Suburban, has vide its letter dated 10/02/2009, accorded its No Objection Certificate for the implementation of the slum scheme on the said property. @ The Slum Rehabilitation Authority (SRA) has thereafter issued a Letter of Intent (L.O.1,) dated 26" December, 2008 bearing ref, No.SRA/ENG/1306/M-W/STGL/LOI and further Revised Letter of Intent (L.O.1.) dated 22" September, 2011, bearing ref. No.SRA/ENG/1306/M-W/STGL/LOI, unto and in favour of the said MIs. Spenta Housing Corporation. The copy of the latest Revised Letter of Intent (L.O.1) dated 22™ September, 2011 is hereto annexed and marked Annexure “2” (k) Thereafter, the said M/s. Spenta Housing Corporation have also got the plans for the new buildings to be constructed on the said property approved from the SRA and have obtained the IOD for the construction of the new buildings on the said property on 13/08/2014. The copy of the 1.0.D. dated 13/08/2014 is hereto annexed and marked Annexure “3”; (In terms of the above referred Development Agreements and the SRA Scheme sanctioned by the SRA, the said M/s. Spenta Housing Corporation are to construct rehab buildings for rehabilitating of the slum dwellers occupying the said property and also to accommodate the requisite number of units to be allotted towards PAP’s, Balwadis, Religious Structures, Welfare centres, Society office/s and other amenities and are further entitled to construct the free sale building towards their sale entitlement as per the terms stipulated in the aforesaid Revised Letter of Intent dated 22™ September,2011. (m) The SRA has further granted the Commencement Certificate for the construction of the Sale Building on 17/01/2015 unto and in favour of the said M/s. Spenta Housing Corporation. A copy of the Commencement Certificate dated 17/01/2015 is hereto annexed and marked as Annexure “4’ (n) Pursuant to a Business Takeover Agreement dated 09/11/2013, made between all the partners of the aforesaid M/s. Spenta Housing Corporation, all the parties thereto, have unanimously agreed to convert the said partnership firm into a private limited company by conversion of the same as per the provisions contained in Part IX of the Companies Act, 1956, to continue the business of the aforesaid partnership firm. As such, pursuant to compliance of the requisite formalities in that regard, the said M/s. Spenta Housing Corporation (a partnership firm) was duly converted into a private limited company known as Spenta Enclave Private Limited i.e. the Promoter herein and necessary intimation to that effect has also been given to SRA. (0) In the circumstances herein above, the Promoter is entitled to develop the said property by constructing thereon the Rehab and Sale buildings. (p) The Promoter hereby represents that as per the plans approved by the competent authorities, the Promoter is constructing residential/commercial buildings being its free sale building/s, on the said property by using and consuming the FSI sanctioned in terms of the revised L.O.1. dated 22™ September,2011 and also as per the Letter of Approval granted by the Executive Engineer, SRA vide letter bearing No. SRA/ENG/3104/MW/STGLI/AP dated 13/08/2014 and is further entitled to consume other available FSI including Fungible FSI etc., as permissible under the amended provisions of the Development Control Regulations. (q) The Promoter is further at liberty to get the benefit of Transfer of Development Rights (TDR) (if any), by merging/ clubbing or amalgamating the SRA Scheme sanctioned in respect of the said property with any other SRA Scheme and/or by purchasing the FSI of any other reserved plots/slums and utilize and consume it in the proposed development as permissible by the SRA, Collector, MCGM, D.C. Rules and Regulations and other applicable laws from time to time; (1) The Promoter has entered into a prescribed Agreement with the Architect Mr. Ulhas J. Pagnis, registered with the Council of Architects and also appointed M/s. Shasme Design and Consultants as Structural Engineers for preparing structural designs and drawings and specifications of the said SRA project and the Purchaser/s accepts the professional supervision of the said Architect and the said Structural Engineer till the completion of the said SRA project, unless otherwise changed; (8) Itis intended that in due course, after the development of the said approved buildings is completed and after receipt of the Occupation Certificate in respect of the said buildings is obtained and all the shops, flats and other Units etc., are sold on Ownership basis or otherwise, the said property would be leased by the Government of Maharashtra through the Collector of Mumbai, for an initial period of 30 years and renewable as per the terms and conditions prescribed by the Government of Maharashtra and the Promoter would assign and transfer and/or cause to assign or transfer the said property alongwith the sale buildings in favour of any Federation of the said Societies or jointly with any Society to be formed by all the Purchaser/s of the flats/shops in the Sale building/s to be constructed on the said property and/or otherwise howsoever at the discretion of the Promoter and as the case may be. (0) The Promoter has informed the Purchaser/s and the Purchaser/s is/are aware that the Promoter will develop the said property by constructing the multistoried building/s and other structures thereon (as may from time to time permitted to be constructed) in a phased manner as per the sanctioned and/or revised amended plans, with such modifications thereto as the Promoter may from time to time determine and as may be approved by the concerned local bodies and authorities and the programs of the said phased development will be determined by the Promoter at their own. discretion; (u) While sanctioning the said plans Slum Rehabilitation Authority and/or government has laid down certain terms, conditions, stipulations and restrictions which are to be observed and performed by the Promoter, while developing the said property and upon due observance and performance of which only, the Occupation and the Building Completion Certificates in respect of the sale building/s shall be granted by the Slum Rehabilitation Authority. (v) The Purchaser/s demanded from the Promoter and the Promoter has given inspection to the Purchaser/s of all the documents of title relating to the said property, the plans, designs and specifications prepared in respect of the said sale building, the said Development Agreements, Powers of Attorney, the permissions, orders and of such other documents as are specified under the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (hereinafter referred to as “the said Act”) and the Rules made thereunder; (w) The Purchaser/s being fully satisfied in respect of the title of the Promoter to the said property and also to the Promoters’ right, 10 title and interest to develop the said property and to sell the premises forming part of its sale entitlement in the new buildings to be constructed on the said property, has/have approached the Promoter and have agreed to purchase a Flat bearing No. in the Wing admeasuring sq. feet carpet area i.e. sq. mtrs., on the floor of the new building/s to be known as “Alta Vista” constructed on the said property (hereinafter to be referred to as the “said premises”), on the terms and conditions agreed and appearing hereunder.; (x) Copies of the following documents are annexed hereto as Annexure “5” to “8” respectively:- (i) Extract of the Copies of the Property Register Card of Land bearing CTS No.343 (Pt) of Village Chembur; (ii) Title Certificate of Dhiren H. Shah, Advocate & Solicitor dated 18" February 2015; (ii) Floor Plan of the flat/shop agreed to be purchased by the Purchaser/s and approved by the concerned local authority; (iv) List of Amenities agreed to be provided by the Promoter in the said premises agreed to be purchased by the Purchaser/s; (y) The Purchaser/s hereby expressly confirms that he/she/they/it have agreed to enter into this Agreement with full knowledge, implication, effect, etc., of various terms and conditions contained in the plans, documents, orders, layout scheme/project including the rights and entitlements available to and reserved by the Promoter as contained in these presents: ul (2) Under Section 4 of the MOFA, the Promoters are required to execute a written Agreement for the sale of the aforesaid premises to the Purchaser/s, being infact these presents and also to register this Agreement under the provisions of the Registration Act, 1908; NOW THIS AGREEMENT WITNESSETH AND IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1. The recitals contained above form an integral and operative part of this agreement as if the same were set out and incorporated herein verbatim. 2. ‘The Promoter is constructing new building/s consisting of 9 wings comprising of Stilt plus 23 upper floors (hereinafter referred to as "the said new building") to be known as “Alta Vista” on all that piece or parcel of land or ground situated lying and being at Lal Dongar Village, Taluka-Kurla, Sion-Trombay Road, Chembur, Mumbai ~ 400 071 and assessed by Municipal M/W Ward, bearing CTS. No.343(pt) and admeasuring 30,856.50 sq meters and more particularly described in the Second Schedule hereunder written (hereinafter referred to as “the said property”), in accordance with the plans, designs and specifications approved by Slum. Rehabilitation Authority (SRA) and other local authorities and which have been seen and approved by the Purchaser/s, with such variations and modifications as the Promoter may consider necessary or as may be required by the SRA and/or other concerned authorities or Government to be made in them. As part of such variation 12 amendment or alteration in the layout and/or in building plans the Promoter may change location of the said new building/s or any one or more of them and the Promoter may also construct additional areas by constructing additional wings and/or additional floors to one or more of the said buildings and may also construct further buildings on the said property as may be approved by the concerned authorities. It is hereby agreed by and between the parties hereto that the Promoter shall be entitled to make all variations or modifications in the said plans as it may deem fit provided that the area of the said premises agreed to be purchased by the Purchaser/s shall remain unchanged. The Purchaser/s hereby expressly consents to the Promoter making variations and/or modifications in the said plans as they may deem fit so long as the area of the said premises agreed to be purchased by the Purchaser/s remains unchanged. The Promoter shall not be required to take any further permission of the Purchaser/s for the same. The consent herein shall be considered as the Purchaser/s’ consent contemplated by Section 7(1) (ii) of the Act. 3. The Purchaser/s hereby agree/s to purchase from the Promoter and the Promoter hereby agrees to sell to the Purchaser/s, a Flal/Shop bearing no.__in the __ Wing and admeasuring ___ sq. feet carpet area i.e. ____sq. mtrs., on the ___ floor of the new building known as “Alta Vista” as shown on the typical floor plan thereof hereto annexed and marked as Annexure “7” (hereinafter referred to as "the said premises") at and for the lumpsum price of Rs. (Rupees 13 Only), which is inclusive of the proportionate price of the common areas and facilities appurtenant to the premises. The percentage of the undivided interest of the Purchaser/s in the common areas and facilities limited or otherwise pertaining to the said premises shall be in proportion of the area of the premises agreed to be sold hereunder to the total area of the buildings. The nature, extent and description of the common areas and facilities as well as the restricted areas are more particularly described in Third Schedule hereunder written. 4. The Purchaser/s, as incidental to purchase of the said premises, are allotted and shall be entitled to ___ Nos. of stack/stilvopen car parking facility in the basement/podium car parking space in the new buildings known as “Alta Vista”, free of all costs and charges. 5. The Purchaser/s hereby agree/s to pay to the Promoters the said purchase price of Rs. J- (Rupees only) in the following manner: Sr.No | Amount (Rs.) Particulars has been paid by the Purchaser/s to the Promoter on or before execution of these presents as and by way of part consideration (receipt whereof the Promoter hereby admits and acknowledges ); On or before 30" day of Booking — Less booking mount On or before 60" day from Booking 4 ‘On commencement of raft slab’ ‘On commencement of 3" basement slab ‘On commencement of 2™ basement slab ‘On commencement of Plinth slab On commencement of 2™ slab ‘On commencement of 4" slab ‘On commencement of 6™ slab ‘On commencement of 8" slab ‘On commencement of 11™ slab ‘On commencement of 14” slab ‘On commencement of 17” slab ‘On commencement of 20 slab ‘On commencement of 23" slab offered by the Promoter to the Flat Purchaser/s. The aforesaid price or part thereof may, at the specific instruction of the Promoter in that regard, have to be paid by the Purchaser/s by way of pay order / cheque drawn in favour of the Promoter. Time as to payment shall be of the essence and the Purchaser/s shall be liable to pay interest @ 18% p.a. on all delayed payments from the due date till the date of payment thereof. If interest charges as aforesaid remains unpaid, then all further payments made by the Purchaser/s will be firstly adjusted towards interest due and thereafter the balance, if any, will be adjusted towards the principal and government taxes applicable. to be paid on possession of the aforesaid flat being 15 6. The Purchaser/s are aware that as per present statute, Service Tax/VAT/GST or any other taxes are leviable/applicable on the purchase price payable hereunder and consequently the amount of each installment payable by the Purchaser/s to the Promoter in respect of this transaction, shall proportionately increase to the extent of the liability of such taxes. The Purchaser/s hereby undertake(s) to pay the amount of the Service Tax/VAT/GST / or any other taxes along with each installment from the effective date and further shall not dispute or object to payment of such statutory dues. The Promoter shall not be bound to accept the payment of any installment unless the same is paid alongwith the amount of Service Tax/VAT/GST / or any other taxes applicable thereon and the Flat Purchaser/s shall be deemed to have committed default in payment of amount due to the Promoter hereunder if such payment is not accompanied with the applicable Service Tax/VATI/GST / or any other taxes. Provided Further that if on account of change/amendment in the present statute or laws, statutes, rules, regulations and policies or enactment of new legislation of new laws. by the Central and/or State Government GST or any other taxes become payable hereafter on the amounts payable by the Purchaser/s to the Promoter in respect of this transaction and/or aforesaid taxes levied is increased on account of revision by Authorities, the Purchaser/s shalll be solely and exclusively liable to bear and pay the same 16 7. The Promoters may avail from banks/financial institutions loan/financial assistance for development of the said property including construction of the said new building in which the said premises is situated and as a security for the payment thereof it may create security in respect of the new building/s to be constructed on the said property in which the said premises is situated, save and except the Rehab and PAP flats agreed to be allotted to the slum dwellers, etc., as per the terms of the hereinabove recited Revised LOI. The Purchaser/s hereby consent/s to the Promoters availing such loan and/or financial assistance on such terms and conditions as the Promoters may deem fit and proper, without however the Purchaser/s being responsible in any manner for repayment of loan alongwith interest and/or incurring liability of any manner whatsoever, finalized or otherwise. 8. The Purchaser/s has/have taken inspection of all relevant documents and has/have satisfied himself/herself/themselves fully in respect of the Promoters’ title to the said property, prior to the execution of this Agreement and doth hereby accept/s the same and agree/s not to raise any requisition or objection/s relating thereto at any stage hereafter. The Promoters, however, agree that before vesting the new Buildings and the said Property in favour of the Federation of the said Societies or any new proposed Society or Limited Company of acquirers of premises in the said Building/s as the case may be, the Promoters shall as far as practicable, ensure that the said property is free from all encumbrances on execution of such document vesting the same which could be by way of an Lease Deed 7 and/or Assignment or any other document as may be permissible and/or as the Promoter may decide in its sole and absolute discretion (hereinafter referred to as the “vesting document”) 9. The Promoter hereby agree to observe, perform and comply with all the terms, conditions, stipulations and restrictions, if any, which may have been imposed by the concerned local authority at the time of sanctioning the said plans or thereafter and shall, before handing over possession of the said premises to the Purchaser/s, obtain from the concerned local authority, occupation certificate in respect of the said premises. Thereafter, the same shall be complied and performed by the Flat Purchaser/s. 10. The Purchaser/s agree/s to comply with all the terms and conditions of any order scheme, permission, objections etc., that may have been granted or sanctioned and/or which may hereafter be granted or sanctioned or imposed by any authority statutory or otherwise, including making payment of any charges, bearing expenses, making deposits, whether refundable or not. 11. (a) The Promoter hereby declares that no part of the FSI relating to the said property has been utilized by the Promoter elsewhere for any purpose whatsoever; and (b) The Promoter further avers that in the event of any further or additional FSI becoming available in respect of the said property, the same shall belong to the Promoter alone and the Purchaser/s expressly consent and agree to the same. 18 12. The Purchaser/s hereby grant/s_his/her/their irrevocable power and consent to the Promoter and agree/s:- a) That till the completion of the project and till the time all the premises in the new building/s are occupied, the Promoter alone shall be entitled to all FSI and T.D.R. in respect of the said property more particularly described in the Second Schedule hereunder written, whether available at present or in future including the balance FSI, any additional FSI and/or T.D.R. available under D.C. Rules from time to time and/or by any special concession, modification of present Rules and Regulations granting FSI, FSI available in lieu of the road widening, set back, reservation if any, or otherwise howsoever: b) That till the completion of the project and till the time all the premises in the new building/s are occupied, the Promoter shall be entitled to all FSI in respect of the said plot of land or shall have right to consume the same in any manner whatsoever; c) That the Promoter shall be entitled to develop the said property of land fully by constructing and/or making additions or constructing additional floors in the said new building and/or by constructing additional buildings/floors/structures so as to avail of the full FSI permissible at present or in future for the said entire property inclusive for staircase, lift, passage, by way of purchase of floating FSI, TDR, free FSI which may be available on the said property or acquired otherwise howsoever and including putting up any "Additional Construction" as mentioned above and the Promoter shall also be entitled to sell the same and appropriate to themselves 19, the entire sale proceeds thereof without the flat purchaser/s or other acquirer of premises in the new building and/or the Society of the purchaser/s of premises having any claim thereto or to any part thereof. The FSI, T.D.R. of any future and further and/or additional construction, shall always be the property of the Promoter, who shall be at liberty to use, deal with, dispose of, sell, and transfer etc., the same in the manner the Promoter’ choose. The Purchaser/s agree/s not to raise any objection and/or claim reduction in price and/or compensation and/or damages including on the ground of inconvenience and/or nuisance while putting up such additional construction mentioned above and in this agreement is carried on. The Promoter shall be entitled to consume such FSI, T.D.R by raising floor or floors on any structures including the said building and/or putting additional structures and/or by way of extension of any structure. d) The Purchaser/s has/have seen the building plan as also the particulars of the specification in accordance with which the said building is to be constructed. The Promoter shall be entitled to make such changes in the building plan (including change of users of the area therein) as the Promoter may from time to time determine and as may be approved by the MCGM and other concerned authorities and the Flat Purchaser/s hereby agree/s to the same. ©) That the Promoter alone shall be entitled to sell/lease/deal with any part or portion of the said building including the terraces attached to the flavs (if any), dead walls for display of advertisements, hoarding etc., and also _stilt/stack/basement/ 20 podium/open car parking space, etc., as the Promoter may deem fit and proper; f) To admit without any objection the persons who are allotted premises by the Promoters, as members of the Society/Limited Company, in the event of any premises including premises of extended/annexed buildings remaining unsold by the Promoter for some time and sold at later date: h) Not to raise any objection or interfere with Promoters’ rights reserved hereunder; i) To execute, if any further or other writing documents, consents, etc., as required by the Promoter for carrying out the terms hereof and intentions of the parties hereto: 3) Todo all other acts, deeds, things and matters and to sign and execute such papers, deeds, documents, writings, forms, applications, etc., at the costs and expenses of the Purchaser/s which the Promoter in their absolute discretion deem fit for putting into complete effect the provision of this Agreement. The aforesaid consents, agreements and covenants shall remain valid, continuous, irrevocable, subsisting and in full force even after the possession of the said premises is handed over to the Purchaser/s. 13. On the Purchaser/s committing default in payment on the due dates of any amount due and payable by the Purchaser/s to the Promoter under this Agreement (including non-payment of Service tax/ VAT/GST / or any other taxes levied hereafter under the relevant statutes) and upon Purchaser/s committing breach of any of the terms and conditions herein contained, the Promoter shall be entitled at its own option to terminate this Agreement. Provided always that the power of termination herein before contained shall not be exercised by the Promoter unless and until the Promoter shall have given to the Purchaser/s 15 (fifteen) days prior notice in writing of their intention to terminate this Agreement and of the specific breach or breaches of terms and conditions in respect of which it has intended to terminate the Agreement and default shall have been made by the Purchaser/s in remedying such breach or breaches within fifteen days after receiving of such notice. Provided further that upon termination of this Agreement as aforesaid, the Promoter shall refund to the Purchaser/s the installments of the sale price of the said premises which may till then have been paid by the Purchaser/s to the Promoter, after deducting there from all costs, charges, expenses and taxes incurred by the Company in connection with this transaction including brokerage charges paid to third parties, Service Tax, VAT, GST or any other government taxes etc., from the sale price of the said premises and which amount shall stand forfeited by the Promoter and it is further agreed that the Promoters shall not be liable to pay to the Purchaser/s any interest on the amount so refunded upon termination of this Agreement. It is clarified that if the Promoter is able to obtain/receive refund of the amounts paid by it to the government authorities in respect of this transaction, then all such amounts after deducting any expenses incurred in connection with obtaining of such refund, shall be paid over and/or returned to the Purchaser/s. It is further agreed that upon ich refund, the Promoter shall be at liberty to dispose of and sell 22 the Flat and allot the car parking spaces and such premises to such persons and at such price as the Promoter may in their sole and absolute discretion deem fit and proper. 14. The Promoters shall give possession for fit outs of the said premises to the Flat Purchaser/s on or before . If the Promoters fails or neglects to give possession of the said premises to the Purchaser/s on the aforesaid date and/or on such date as may be extended by mutual consent, then the Purchaser/s shall have the option to terminate this Agreement after giving 30 days notice in writing, whereupon the Promoters shall be liable on demand to refund to the Purchaser/s amounts already received by it in respect of the said premises alongwith simple interest @ 9% per annum from the date of the receipt of the respective amounts by the Promoters till payment. It is agreed that upon the termination of this Agreement by the Purchaser/s, the claim of the Purchaser/s shall be restricted to refund of monies paid with simple interest @ 9% p.a. thereon and that the Purchaser/s shall not be entitled to claim for loss and/or damage and/or mental trauma or otherwise howsoever. Till the entire amount alongwith interest thereon is refunded by the Promoter to the Purchaser/s, the same shall subject to prior encumbrance if any, be a charge on the said premises but only to the extent of the amount so due to the Purchaser/s. The amount so refunded shall be in full and final satisfaction and final settlement of all the claims of the Purchaser/s under this Agreement. The Purchaser/s agree that receipt of the said refund vide cheque from the Promoters to the Purchaser/s by registered post acknowledgement due, at the address given by the 23 Purchaser/s in these presents, whether the Purchaser/s accept/s or encash/es the cheque or not, will amount to such effectual refund as contemplated herein. The Promoter shall not incur any liability if it is unable to deliver possession of the said premises by the aforesaid date, if the completion of the project is delayed, by reason of non- availability of steel and/or cement or other building materials or water supply or electric power or by reason of war, civil commotion or any act of God or if non delivery of possession is as a result of any notice, order, rule or notification of the Government and/or any other public or competent authority or for any other reason beyond the control of the Promoters or if there is any delay in payment of the installments and other amounts payable under these presents or due to delay in grant of any NOC/permission/license/connection for installation of any service such as lifts, electricity, water connection and meters to the project/premises or occupation certificate from appropriate authority and in any of the aforesaid events the time for delivery of possession of the said premises shall stand extended. 15. The Purchaser/s shall take possession of the said premises within 15 (fifteen) days of the Promoter giving written notice to the Purchaser/s, intimating that the said premises are ready for use and occupation. Provided that if within a period of 1 (one) year from the date of handing over the said premises to the Purchaser/s, the Purchaser/s bring/s to the notice of the Promoter any defect in the said premises or the building in which the said premises is situated or the material used therein or any unauthorized change in the construction of the said new building, then, wherever possible such 24 defects or unauthorized changes shall be rectified by the Promoter at its own cost and in case it is not possible to rectify such defects or unauthorized changes, then the Purchaser/s shall be entitled to receive from the Promoter reasonable compensation for such defect or change, However, if the Purchaser/s carry out any alteration or addition or change in the said premises and/or the said new building without obtaining prior written permission of the Promoter and the concerned authorities wherever required, the liability of the Promoters shall come to an end and the Purchaser/s alone shall be responsible to rectify such defect or change at his/her/their own cost/s. 16. The Purchaser/s shall use the said premises or any part thereof or permit the same to be used only for the purpose for which the same has been allotted ie. residence/business only. The Purchaser/s shall use the parking space for his/her/their, own light motor vehicle/s only. 17. Commencing fifteen days after notice in writing is given by the Promoters to the Purchaser/s that the said premises is ready for use and occupation, the Purchaser/s shall be liable to bear and pay the proportionate share (i.e. in proportion to the carpet/built up area of the said Premises) of outgoings in respect of the said property and the said new building namely local taxes, betterment charges or such other levies by the concerned local authority and/or Government, water charges, insurance, common light, repairs and salaries of clerks, bill collectors, chowkidars, sweepers and all other expenses 25 necessary and incidental to the management and maintenance of the said property and the said new building. The Purchaser/s shall pay to the Promoters such proportionate share of outgoings as may be determined, At the time of being handed over possession of the said premises, the Purchaser/s shall pay to the Promoters a sum equivalent to one year’s outgoings approximately by way of security deposit for payment of such outgoings. The monthly outgoings payable in respect of the said premises is presently calculated @ Rs,__/- per sq. ft. carpet area approximately and the same could increase based on actual computation/calculations at the relevant time and the Purchaser/s agreed to abide by the decision of the Promoter/s in that regard and make payment towards such maintenance charges, without any objection of any nature whatsoever. The amounts so paid by the Purchaser/s to the Promoter shall not carry any interest and remain with the Promoter till the vesting document is executed in favour of the Federation of the said Societies and/or the new Society or Limited Company of the purchasers of premises in the new building/s as the case may be, the aforesaid deposits (less deductions provided for under this agreement) shall be paid over by the Promoter to the Federation of the said Societies and/or the new Society or Limited Company of the purchasers of premises in the new building/s as the case may be, on the execution of the vesting document. The Purchaser/s undertake/s to pay such provisional monthly contribution and such proportionate share of outgoings regularly on the 5" day of each and every month 26 in advance and shall not withhold the same for any reason whatsoever. 18. The Purchaser/s hereby agrees that in the event if any amount by way of development and/or betterment charges, premium or security deposit as fire cess is paid to the SRA, Collector, MCGM. and/or to the State Government or any other tax or repayment of a similar nature becoming payable by the Promoter the same shall be reimbursed by the Purchaser/s to the Promoter in proportion of the area of the said premises agreed to be acquired by the Purchaser/s and in determining such amount, the decision of the Promoter shall be conclusive and binding upon the Purchaser/s. 19. The Purchaser/s shall on or before delivery of possession of the said premises keep deposited with the Promoter the following amounts: (i) Sum of Rs. 25,000/- (Rupees Twenty Five Thousand only) towards legal charges; (i) Sum of Rs. 250/- (Rupees Two Hundred Fifty only) towards share money and entrance fees of the proposed Society or Limited Company; (ii) Sum of Rs. _/- (Rupees only) equivalent to 12 months monthly outgoings calculated @ Rs. 10/- per sq. ft. on carpet area approximately or such other amounts as may be informed by the promoter/s at the relevant time, towards the proportionate share of taxes and other outgoings; 20 . 25,000/- (Rupees Twenty Five Thousand only) towards Electric Meter & Installation charges (v) Sum of Rs. 5,000/- (Rupees Five Thousand only) towards Piped Gas Connection Charges (vi) Sum of Rs. 25,000/- (Rupees Twenty Five Thousand Only) for formation and registration of the Federation of the said Societies or Society or Limited Company. (ix) Sum of Rs. IC only) @ the rate of Rs. 165/- per sq. ft. on carpet area for proportionate share towards society’s sinking fund; (x) Sum of Rs. 2,50,000/- (Rupees Two Lakh Fifty Thousand Only) towards Club House Membership Charges 20. The Promoter shall not be liable to share the maintenance charges, electricity charges and water charges in respect of the unsold Flat/Shop stilt/stack/podium/basement car _parking/open parking space/terrace/ hoarding spaces and/or any other premises etc. The Promoter will bear the municipal assessments if any payable in respect of the same and nothing else. As and when the Promoter sells and/or transfers the said unsold premises to any person or persons, the society if any, shall admit at the request of the Promoter such person/s as the member/s and issue the share certificate upon the said person paying membership fee of Rs.100/- and share money of Rs.250/- and such society or limited company (proposed or registered) shall not be entitled to demand any transfer fees or donation or any other amount in any manner whatsoever from the said person and/or Promoters. 21. (a) The Promoter shall without having to render any account of whatsoever nature to either the Purchaser/s and/or the proposed society or limited company, utilise the sums as set out in Clause 19 (i) and to meet all legal costs, charges and expenses including professional costs of the Attorney-at-law/ Advocates of the Promoters in connection with all the legal costs for the project and its title and/or any other document or writing required to be executed by the Promoter in respect of the said property and/or any part thereof. The Promoter shall not be liable to contribute anything towards such expenses and the Purchaser/s and the other prospective purchasers shall proportionately contribute to the same; (b) The aforesaid amount set out in Clause 19 (iii), (vi) and (x) after deducting therefrom all arrears of taxes, maintenance charges and expenses incurred till then, will be transferred by the Promoter to the proposed Society or Limited Company as and when formed, upon completion of the development of the said property and the Promoter shall not be liable to maintain and/or render individual accounts to the Purchaser/s and shall give a consolidated account of all the sums as aforesaid to the proposed Society or the Limited Company; (©) The Purchaser/s shall further bear and pay or reimburse to the Promoter as the case may be, all the statutory taxes, dues, cess, levies and duty on this transaction or agreement by whatever name called and/or whatsoever nature including but not limited to Service tax, VAT, etc., levied/charged by the State and/or Central 29 Government or any other competent authority at any time in respect of this transaction and/or these present (“Amount of Tax”). The Amount of Tax shall be payable at the time of paying each installment of the balance consideration and balance, if any against the possession of the said premises by the Promoter or within 7 days of the demand thereof whichever is earlier. The decision of the Promoter as regards payment or non-payment and/or reasonableness or otherwise of such statutory levies shall be final and binding upon the Purchaser/s and the Purchaser/s do and doth hereby agree and undertake to indemnify and keep indemnified the Promoter, its successors and assigns, in respect thereof. Time as to payment being essence of these presents. 22, The Purchaser/s shall pay to the Promoter, the Purchaser's share of stamp duty and registration charges payable, if any, by the proposed Society or Limited Company on the vesting document. 23. The said new building/s shall always be known as “Alta Vista” and the Purchaser/s shall not be entitled to change and/or alter the same at any time hereafter. 24. The Purchaser/s for himself/herself/themselves with intention to bring all persons into whosoever hand the said premises may come, doth hereby covenants with the Promoter as follows: (a) To maintain the said premises at the Purchaser/s’ own cost in good tenantable repair and condition from the date, possession of the said premises is taken and shall not do or suffer to be done anything in or to the building in which the said premises is situated or to the 30 staircase or any passages in the building which may be against the rules, regulations or bye-laws or concerned local or any other authority or change/alter or make addition in or to the said premises itself or any part thereof; (b) Not to store in the said premises any goods which are of hazardous, combustible or dangerous nature or are so heavy as to damage the construction or structure of the building in which the said premises is situated or storing of which goods is objected to by the concerned local or other authority and shall not carry or cause to be carried heavy packages to upper floors which may damage or likely to damage the staircase, common passages or any other structure of the building in which the said premises is situated, including entrances of the building in which the said premises is situated and in case any damage is caused to the building in which the said premises is situated or the said premises on account of negligence or default of the Purchaser/s in this behalf, the Purchaser/s shall be liable for the consequences of the breach. (©) To carry at his/her/their own cost all internal repairs to the said premises and maintain the said premises in the same condition, state and order in which it was delivered by the Promoter to the Purchaser/s and shall not do or iffer to be done anything in or to the said new building in which the said premises is situated or the said premises which may be against the rules and regulations and bye- laws of the concerned local authority or other public authority. And in the event of the Purchaser/s committing any act in contravention of the above provision, the Purchaser/s shall alone be responsible 31 and liable for the consequence thereof to the concerned local authority and/or public authority; (a) Not to demolish or cause to be demolished the said premises or any part thereof, nor at any time make or cause to be made any addition or alteration whatsoever in or to the said premises or any part thereof, nor any alteration in the elevation and outside colour scheme of the said new building in which the said premises is situated and shall keep the portion, sewers, drains pipes in the said premises and appurtenances thereto in good tenantable repair and condition, and in particular, so as to support shelter and protect the other parts of the said new building and shall not chisel or in any other manner damage the columns, beam, walls, slabs or RCC Pardis or other structural members in the said premises without the prior written permission of the Promoter and/or the Society/Limited Company; We will be providing homes with air conditioners. It is further clarified that the Air Conditioning Units provided in the said premises and/or the location for installation of Air Conditioners in the said premises has already been pre-decided and the Purchaser/s shall not be entitled to change the location for installation of such Air Conditioner Units as the same shall adversely affect the aesthetics of and other services provided in, the said new building, (©) Not to do or permit to be done any act or thing which may render void or voidable any insurance of the said property and the said new building in which the said premises is situated or any part thereof or whereby any increase in premium shall become payable in respect of the insurance policy; 32 (6) Not to throw dirt, rubbish, rags, garbage or other refuse or permit the same to be thrown from the said premises in the compound or any portion of the said property in which the said premises is situated; (g) Not to use the area of flower bed for any purpose except for the purpose of keeping planters/flower bed, (h) Not to dry clothes in any area visible on outside, and not do any act that spoils the external elevation of the said new building. (i) Not to shift windows of the said premises and/or carry out any changes in the said premises so as to increase the area of the said premises and/or put any grill which would affect the elevation of the said new building and/or carryout any unauthorized construction in the said premises. In the event if any such change is carried out, the Purchaser/s shall remove the same within 24 hours of notice in that regard from the Promoter. In the event the Purchaser/s fail/s to remove the same within the aforesaid period of 24 hours, then the Promoter shall be entitled to enter upon the said premises and remove such unauthorized construction and the Purchaser/s hereby agree/s, undertake/s not to raise any objection for the same and/or demand any damages for the same from the Promoters. @ Not to keep anything in the common passage, staircases, walls or any other common place of the said new building; (k) Not to use the said premises as a guest house or for any other purposes, unless permitted by law; 33 () Not to affix any sign boards, neon lights or advertisements on the exterior of the said new building or on the compound wall or otherwise in the said property or any part thereof; (m) Not to claim to partition by metes and bounds the said property or any part thereof; (n) Pay to the Promoter within 7 (seven) days of demand by the Promoter, his/her/their share of security deposit demanded by concerned local authority or Government or giving water, electricity or any other service connected to the said new building in which the said premises is situated; (0) To bear and pay increase in local taxes, water charges, insurance and such other levies, if any, which are imposed by the concerned local authority and/or Government and/or other public authority, on account of any change of user of the said premises by the Purchaser/s viz. user for any purposes other than purpose for which the same is allotted; (p) The Purchaser/s shall not let, sub-let, let on leave & license, transfer, assign or part with the Purchaser/s’ interest or benefit factor of this Agreement or part with the possession of the said premises, until all the dues payable by the Purchaser/s to the Promoter under this Agreement are fully paid-up and further only if the Flat Purchaser/s is/are not guilty of breach of or non-observance of any of the terms and conditions of this Agreement and until the Purchaser/s has/have obtained the prior written permission of the Promoter or the proposed Society or limited Company, as the case may b 34 (q) The Purchaser/s shall sign and execute all the writings, documents, forms and applications as may be necessary and required by the Promoters; (0) The Purchasers shall observe and perform all the rules and regulations of the Proposed Society and the additions, alterations or amendments thereof that may be made from time to time for protection and maintenance of the said new building and the said premises therein and for the observance and performance of the Building Rules, Regulations and Bye-laws for the time being of the concerned local authority and of the Government and other public bodies. The Purchaser/s shall also observe and perform all the stipulations and conditions laid down by the Society or Limited Company, regarding the occupation and use of the said premises in the building/s and shall pay and contribute regularly and punctually towards the taxes, expenses or other out-goings in accordance with the terms of this Agreement; (s) Till all the Members and the Purchaser/s of premises in the said new building take possession of their new flats in the new building, the Purchaser/s shall permit the Promoters and their servants and agents, with or without workmen and others, at all reasonable times, to enter into and upon the said property and the said new building or any part thereof to view and examine the state and condition thereof. (0) It is further agreed that the Promoter/s shall be entitled to appoint a property management consultant etc., for looking after the said property and the new building/s to be constructed thereon and 35 any Society and/or limited Company formed by the Promoter/s in pursuance of these presents, shall be bound and liable to honour and continue with any contact/s etc., entered into by the Promoter/s with ich property management consultant etc., (u) Notwithstanding anything contained herein, if the Purchaser/s is an NRI, Non-resident emigrant, foreign national or foreign company, then the Purchaser/s shall be alone responsible for complying with any necessary compliance/permissions as per the Foreign Exchange Management Act, Reserve Bank of India Act and/or any other rule, regulations guidelines etc. in connection with the present transaction and the promoter/s shall not be liable and/or responsible for any compliances thereunder. 25. For any amount remaining unpaid by the Purchaser/s under this Agreement, the Promoters shall have first lien and charge on the said premises agreed to be allotted to the Purchaser/s in terms of these presents. 26. If the Purchaser/s commit/s a default and/or delay in the payment of installments due and payable under this Agreement and the Promoters exercise their rights to terminate this Agreement, then in such event the Purchaser/s herein shall be, solely and absolutely, responsible to repay any housing loan availed by him/her/them from any bank and/or financial institution as the case may be and shall be entitled to get the refund of amount paid till then from to the Promoters, after deducting the amounts stated in clause 13 herein above and only upon receipt of no dues certificate from the bank 36 and/or financial institutions. Notwithstanding what is stated hereinabove, it shall always be obligatory on the part of the Purchaser/s to pay the installment of the consideration amount as and when due under the terms of this Agreement and the Purchaser/s shall promptly and duly pay the balance consideration on its due date irrespective of the fact that the Purchaser/s has/have applied for the Joan to such financial institution/bank or person and irrespective of the fact that such loans are being, under process and/or sanction awaited and/or rejected. 27. Nothing contained in this Agreement is intended to be nor shall be construed as a grant, demise or assignment in law of the said premises or any right or interest in the said property on which the said new building are to be constructed or any part thereof and/or the said new building in which the said premises is situated or any part thereof. The Purchaser/s shall have no claim save and except in respect of the said premises hereby agreed to be sold to himv/her/them and all rights of ownership in all open spaces, parking spaces, lobbies, lifts, staircases and land etc., will remain and vest with the Promoter, until the execution of the vesting document in favour of the Federation of said Societies or the proposed society or limited company of the purchasers of premises in the new building/s, as the case may be. 28. Any delay tolerated or indulgence shown by the Promoter in enforcing the terms of this Agreement or any forbearance or giving of time to the Purchaser/s by the Promoter shall not be construed as a 37 waiver on the part of the Promoter of any breach of non-compliance of any of the terms and conditions of this Agreement by the Purchaser/s nor shall the same in any manner prejudice the rights of the Promoter. 29. The Purchaser/s hereby agree/s, undertake/s and covenant/s with the Promoter that he/she/they shall not at any time hereafter limit, curtail, revoke, cancel or terminate any of the powers, rights, benefits, interests, privileges or authorities reserved by, or granted to the Promoter under this Agreement or any other deed, document or writing that may be entered into and executed between the parties hereto or those of the Promoter as mentioned herein, and the Purchaser/s shall be bound and liable to render to the Promoter, all necessary assistance and co-operation as may be required, to enable them to exercise and avail of the same. 30. Notwithstanding any other provisions of this agreement, the Promoter shall be entitled to at its sole and absolute discretion; (a) to have a Society or Limited Company and/or any other body or bodies of purchasers formed and constituted as contemplated herein. (b) to cause to be leased and/or assigned the right in the said property or such part thereof together with the new building/s constructed thereon and subject to such terms and conditions as herein contained, in favour of such Society or Limited Company and/or other Association/Federation. 38, (©) to decide and determine how and in what manner the infrastructure including the common utility areas, may be transferred and/or assigned. (@)___ to provide for and incorporate covenants and restriction and obligations with regard to the provision for maintaining the infrastructure and common amenities. (©) to decide from time to time when and what sort of document of transfer and/or assignment should be executed. 31. The Purchaser/s along with other purchasers of the premises in the New Building shall, as and when requested by the Promoter, join in forming and registering the Society or a Limited Company to be known as Alta Vista Co-operative Housing Society Limited or ch name as the Promoter may decide and the Purchaser/s shall cooperate with the Promoter to enable the Promoter to register the organization of the purchasers under Section 10 of the said Act within the time limit prescribed by Rule 8 of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Rules, 1964. No objection shall be taken by the Purchaser/s if any changes or modifications are made in the draft byelaws or the Memorandum and/or Articles of Association, as may be required by the Registrar of Co-operative Societies or the Registrar of Companies as the case may be or any other Competent Authority. 32. The powers and authority of the proposed society or the limited company or the Purchaser/s herein and other purchasers, 39 shall be subject to the overall power, control and authority of the Promoter in any of the matters concerning the building and other structures on the said property, the construction and completion thereof and all amenities pertaining to the same and in particular the Promoter shall have absolute authority and control as regards its right to complete construction on the said property in such phased manner as may have been decided by the Promoter/s and also its rights in all the unsold premises, parking spaces, etc., and the disposal thereof. 33. The Promoter shall, if necessary, become a member of the proposed Society or limited Company, in respect of its rights and benefits conferred herein or otherwise. If the Promoters transfers, assigns, and disposes off such rights and benefits at any time to anybody, the assignee/transferee and/or the purchaser thereof shall become the member of the Society or limited Company, in respect of the said rights and benefits. The Purchasers herein and the proposed society or limited company, will not have any objection to admit such assignee or transferee as the member of the proposed society or limited company, as herein before provided, 34. Dhiren H. Shah, Advocate & Solicitor of the Promoter shall alone prepare and/or approve as the case may be, any deeds, and/or documents to be executed in pursuance of this agreement for transferring/assignment of the said property, subject to the terms herein contained, in favour of the Society or Limited Company etc., as the case may be. 40 35. The Purchaser/s shall sign all papers and documents and do all other acts, deeds and things that the Promoter may require him/her/them to do and execute from time to time for more effectively enforcing this agreement and/or for safeguarding the interest of all persons acquiring the remaining premises in the said building/s being constructed on the said property. 36. This Agreement sets forth the entire Agreement and understanding between the Promoters and the Purchaser/s and supersedes, cancels and merges: (a) All Agreement, negotiations, commitments, writings between the Purchaser/s and the Promoter prior to the date of execution of this Agreement; (b) All the representation, warranties, commitments, etc. made by the Promoter in any documents, brochures, advertisement, hoarding etc., and /or through on any other medium. (©) The Promoter shall not be bound by any such prior agreement, negotiations, commitments, writings, discussions, representations, warranties and/or compliance thereof other than expressly agreed by the Promoter under this Agreement. 37. The Purchaser/s shall present this agreement for registration within the time prescribed by the Registration Act, 1908 and intimate to the Promoter the serial number under which the same is lodged for registration and thereafter the Promoter shall within the time limit prescribed by the Registration Act, 1908 attend such office and admit the execution thereof. 41 38. All letters, notices, circulars, receipts issued by the Promoter as contemplated by and under this Agreement shall be deemed to have been duly served/delivered to the Purchaser/s and shall discharge the Promoter completely and effectually of its obligations, if sent to the Purchaser/s under Certificate of Posting or Registered Post Acknowledgement Due, at the following address (or at any other address as may have been subsequently notified by the Purchaser/s as and by way of change of address and if such change is confirmed by the Promoter) This Agreement shall be subject to the provisions of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 and the rules made thereunder. 39. The Stamp Duty and Registration charges payable on this agreement shall be borne and paid by the Purchaser/s alone. 40. The Courts in Mumbai shall have jurisdiction over the disputes arising in respect to the terms and conditions of this agreement. 41. The Permanent Account Numbers of the parties hereto are as under: Name Permanent A/c. No. SPENTA ENCLAVE PRIVATE | AATCS7884C 42 LIMITED MR/MRS/MIS. IN WITNESS WHEREOF the parties hereto have hereunto and on the duplicate hereof set and subscribed their respective hands the day and year first hereinabove written. THE FIRST SCHEDULE ABOVE REFERRED TO Alll that piece and parcel of land situated, lying and being at Lal Dongar Village, Taluka-Kurla, Si Trombay Road, Chembur, Mumbai — 400 071 and assessed by Municipal M/W Ward, bearing CTS. No. 343 and admeasuring 72829.4 sq meters in the Registration Sub District of Mumbai and District Bombay Suburban and bounded as follows: On or towards the East: 18.30 meters D.P. Road On or towards the West: 36.60 meters D.P. Road On or towards the South: 36.60 meters D.P. Road On or towards the North: 13.40 meters D.P. Road THE SECOND SCHEDULE ABOVE REFERRED TO Alll that piece and parcel of land situated, lying and being at Lal Dongar Village, Taluka-Kurla, Sion-Trombay Road, Chembur, Mumbai ~ 400 071 and assessed by Municipal M/W Ward, bearing CTS. No.343(pt) and admeasuring 30,856.50 sq. metres in the Registration Sub District of Mumbai and District Bombay Suburban and bounded as follows: On or towards the East. : Hill 43 On or towards the West: 36.60 meters D.P. Road On or towards the South: 36.60 meters D.P. Road On or towards the North: SRA Project by Ashapura Developers THE THIRD SCHEDULE ABOVE REFERRED TO (Nature, extent and description of common areas and facilities) 1 Staircase. 2. Passage and Midlanding. 3. Corridors. 4. Common electric meter for common lights and services. 5 Nos. of Elevators. 6. Lift Lobby. 7. __ Fire Fighting Equipment and means to access thereto. 8. Water tank located on ground floor of the building. 9. Drainage, storm water drain, electric sub-station if constructed, electrical poles, underground water tank. 10. Refuge Area, if any. 11. Open spaces around the said new building. 12. Club House (subject to payment of membership fees) and any other external common amenities provided by the Promoter/s. Limited common areas and facilities: 1. Car parking spaces in the new building shall be available to those Purchaser/s, who are specifically allotted such car parking spaces by the Promoter to park their light motor vehicles or Bikes/Motor Cycles. 44 Completely restricted areas 1. Terrace attached to Flats in the New Building. THE COMMON SEAL of the SPENTA ENCLAVE PRIVATE LIMITED through the Resolution passed by the Board of Directors at its Meeting held on hereunto the “PROMOTER” through its Director MR. who has in token thereof subscribed his signature hereto in the presence of. 1 2. SIGNED AND DELIVERED by the withinnamed “Flat Purchaser/s” MrJ/Mrs./M/s. in the presence of 45 RECEIPT RECEIVED of and from the withinnamed Flat Purchaser/s a sum of Rs. be (Rupees only) as and by way of earnest money/part consideration to be by him/her/them paid to us as within mentioned, the details of which are as under: ‘CHEQUE DRAWN AMOUNT DATE NO. ON (RS.) TOTAL WE SAY RECEIVED For M/s. Spenta Enclave Pvt. Ltd., (Authorized Director) PROMOTER Witnesses: 1 46 DATED THIS DAY OF 2015 SPENTA ENCLAVE PRIVATE LIMITED . THE PROMOTER AND MRJMRS./M/s. .THE FLAT PURCHASER/S AGREEMENT FOR SALE

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