The Vice President (CRES)

Axis Bank Ltd.,

3rd Floor, Corporate Park
Chembur
Mumbai 400071

1)
a Full Postal Address of the Chalet Amar
premises
with
PIN
Code C.D Burfiwala Lane,
Besides Criticare Hospital,
(mention floor(s)
J.V.P.D Scheme,
Ville Parle(W), Mumbai-400049
b
c
d

Signage on Ground 60 approxapprox.

Frontage of the premises (in Need to check if operationally & practically
ok
ft)
Facing main road/ side road Yes
(specify)
Yes Need to check if operationally &
Feasibility for construction of practically ok
ramp at entrance to premises
to
facilitate
access
by
physically challenged.
Floor

Ground + Basement

a) Is
the
property Commercial
commercial
or
residential? (commercial
usage should be specifically
mentioned on approved Ready
Yes
plan)
b) Ready
or
to
be
constructed
c) Approved plan enclosed
(yes/no)

PaticularsParticulars
premises

of

(a)
Owner (s) name
JP Infra Mumbai

the

(b)
Address
with
pincode
(Proof
of
ownership
to
be
enclosed)
(DA Rights docs to be
provided for inspection)
(c)
Contact Details
(d)
Nearest Post Office
and Pin Code

(a)
East
(b)
West
(c)
North
(d)
South
Need to be taken from AFS

3000 sq. ft. carpet on Ground

Carpet Area
(Subject
to
joint
actual Floor+ 2500 Sq. ft. Storage Space in
Basement.
measurement)
Amit Rede to confirm
Exclusions from carpet area
(Amit Rede to confirm
):
(i)Areas of internal columns
(ii)
Areas
of
periphery
walls
(iii) Areas that cannot be
enclosed such as balconies,
terraces, lofts, common
passages, AHU & corridors,
parking spaces etc.
(iv) Areas that do not have a
minimum
height
eg.
Spaces below box type
windows,
space
below
staircase, mid-landing,
(v)
Where there is an
existing internal staircase
cut out at one level
(vi) Any other area/s not
appearing in the municipal
approved plan

Rent (subject to actual joint Rs. ______________/measurement) calculated on month or per sq ft rate
the basis of carpet area/ floorwise.
Amit Rede to confirm

Interest Free Security Deposit Equivalent to 3 months rent

(maximum 3 months rent as Market practice is 6 months rent
per banks norm)
(no escalation of security deposit)

If rent payable
every month

Period of leave & License, 9 years Leave & Licence/ 9 years

including option for renewal, Lease

in

per

advance By 7th of every month in advance

if any
10 Escalation on rent only (12% 12% only on rent (not on security
every three years only on rent deposit) every three year.
and not on security deposit as Shubhamji to review & confirm
per banks norms)
11 Exit/Termination Clause

The discretion to terminate the

agreement would rest with the Bank
both parties only after giving 3
months noticemonths notice. And
forthwith termination in the event of
non-receipt of license fees for a
period of default of 30 days over due
date and which remains not
remedied within 30 days of default.

12 a)Municipal/Property Taxes on To be borne by Owner

account of giving the premises At present rate any increase in the
Property Tax such increase shall get
on lease basis
added in per sq feets license fees
b) Service Tax on license escalation;
(Check the formula of Property Tax
feesrent
calculation for the let out premises
the basis is license fees received )

To be borne by Bank on
reimbursement basis and paid along
with license rent
13 Maintenance
Charges
(applicable only where a Coop
Hsg. Society is involved and to
be borne by landlord as per
banks norms)

The owner Society formed shall will

maintain the exterior of the building
including the common area and
common
amenities.
Bank
will
maintain the interiors. NO extra
maintenance
charges
shall
be
payable by Bank.

14 Construction of/by:
(a)
Strong Room

(b)

To
be
constructed
by
Bank.
Structural Stability Certificate in
Banks format to be provided if
there is a basement below the
strong room location.

Toilets and Pantry

To be constructed by Bank.

(c)

ATM Room
To be constructed by Bank

(d)
Internal
Staircase
and/or
puncturing
of To be constructed by Bank. Slab
slab, if required
cutting to be done by landlord at his
cost.
(e) External lift
N.A
15 Confirm availability of :
(i)Water Connection
(a) Municipal
( 24 hours Water supply to
premises should be ensured
through
overhead
storage
tank)
(ii) Drainage Points
(These have to be provided
upto the premises at the
earmarked locations; give full
details)

To be arranged by landlord at their

cost.

Will be provided by landlord as per

banks requirements.

16

Availability of Space at areas

specified by Bank for :
to
be
given/provided
(a)
VSAT Antenna & Space
Wireless
antenna byprovided by landlord. Free of cost
(space to be made
available free of cost)
Entire frontage of the premises to
(b)
Main Signage & be provided by landlord. Compound
Pole signage (space to Wall signage at no extra cost.
be made available free
Not Applicable. Reliable Power
of cost)
Present. Space to be given/
(c)
DG Set (space to provided by landlord free of charges
at a location found to be feasible by
be made
bank. Structural Stability Certificate
available free of cost)
in Banks format to be provided if
the space is on the terrace.
Silent DG Set D
G
Set
Total Space Requirement for DG
Dimension.
Set
DG RATING
L
W
H Length
Width
Weight in Kg
30 KVA
9
4
40 KVA
11 4
50 KVA
11 4
62.5 KVA 12 5
511511

7
7
7
8

19
21
21
22

14
14
14
15

1252
1550
1568
1688

Space to be provided by landlord

(d)
Outdoor units of free of charges
AC (space to be made
available free of cost)
Minimum 6 car parks to be provided
(e)
Parking
Space by owner
(space to be made
available free of cost)

Space will be provided by landlord

(f) Space
for
earthing free of charges.
points
for
electrical
installation and DG set
will have to be provided
by landlord

17 No Objection from Landlord

and/or
Developer
and/or
Society for placement of :
To be given/arranged by landlord
(i)
AC Outdoor Units
(ii) V-Sat Antenna
(iii) D.G. Set
(To
be
attached
to
the
proposal)
18 State
whether
broadband BSNL/MTNL
connectivity
(ISDN)
is
available, if so, specify name
of the service providers
19 Arrangement of appropriate 3
phase power load; this will
depend upon the actual area
offered to the bank. Wherever
separate
transformer
is
required, the same will have
to be arranged for by landlord
at his cost):
Indicative details:
Carpet
Area
Power Load
Upto 2000
kVA
2000 2500
kVA

3 Phase __ KVA power connection

will be provided/ arranged by
landlord at their cost.
Separate transformer, if needed, will
be arranged by landlord at their
cost.
Electrical cable from the meter upto
banks electrical DB to be provided
by the landlord

50 If there are multiple meters,

landlord to ensure supply through a
single meter by completing the
55 necessary formalities with the
electricity board.

Power connection cable to be

terminated
at
Banks
electrical panel.

20 Mandatory
Requirements
(documents to be submitted
along with offer letter)
(i)
Approved
Municipal
Plan
(Construction should conform
to approved municipal plan;
landlord should regularize all
deviations
before
handing
over possession to the Bank.)
(ii) Building
Completion
Certificate
(iii)
Occupancy
Certificate
21 Other works to be done:a. Thickening of walls - 9
thick
b. Rolling Shutters

Will be submitted on receipt of

Banks offer letter
----------------------------do----------------------------------------------------do-----------------------

To be done by Owner
To be done by Owner

To be done by Bank
c. Glass partition for front To be done by Owner
entrance
d. Window, frames & M.S. Will be arranged by landlord.
Internal work to be done by bank
Grill
To be done by Owner
To be done by Owner
e. Water & Drainage
f. Internal wall demolition To be done by Bank.
g. Slab cutting for internal
Not
Applicable.
Sufficient
staircase / lift
continuous water supply present
h. Floor Tile
To be done by Owner
i. Overhead water tank of
adequate capacity.
j. Water proofing of terrace
& other locations to
prevent seepage
22 Stamp Duty and Registration To be shared by Landlord and Bank
on 50:50 basis. Not acceptable fully
Charges
by bankthis is not revenue sharing
model to borne half stamp duty

charges?
23 Is the property free from Suniljis Team to confirm and arrange
encumbrance? (If the property
is mortgaged, NOC from the
lender to lease/licence to AXIS
Bank to be made available)
Within 30 days from date of receipt
of banks offer letter completing
legal formalities and complying with
all technical and approval related
requirements, failing which Bank
shall have the exclusive right to
cancel the offer.

24 Possession (Time Frame)

25 Rent free Period (In the event 90 days rent free period from date
the Bank is unable to carry out its of taking possession of premises.
branch interior/signage work due
to any issues then the rent free
period shall be suitably increased
by those many number of days by
the Bank)
26 Plan
Approval
BMC/Authorities

from Owner shall get the plan approved

from BMC as per banks interior plan
at owners cost and efforts.

MTNL/BSNL

Yes

28 Tower availability of mobile

service provider
[please mention the name of
such service provider]

Yes

29 [a] Type of connectivity at CBS

bank branch in the locality
[b] name of the service
provider
[c] full postal address of CBS
bank/branch premises

Yes, Major Banks Present

27 Availability of
tower[s] nearby

30 Other terms and conditions

31 General
Undertaking/affirmations

(i) Security deposit will be payable

within 7 days of documents
registration.
(ii)
Already Present . External
paving and beautification to be
done by landlord.
(iii)
Bank shall construct a ramp
to facilitate easy accessibility to
the premises by physically
challenged customers of bank.
(iv) Structural strengthening at
basement level, if required for
construction of strong room
shall be undertaken by owners
at their cost. And a structural
stability certificate obtained
from a qualified and registered
structural engineer will be
submitted by owners.
1. The property shall be made free
from any seepage, leakage, wet
spots and dampness by owners.
Water proofing shall be done by
owners
as
per
Banks
requirements.
2. I/We confirm that the title of the
property is clear, marketable and
solely with us and having no
encumbrance or legal problems.
I/We shall provide the Bank with the
clear
title
clearance
papers,
approved
plan
from
Municipal/concerned local authority
etc as applicable and all legal
documents required by you such as
sale deed, 7/12 extract, OC,CC, NOC
of society builder, utility bills,
property tax receipts of last two
months. These papers shall be

submitted by us latest by

I/we, understand that acknowledgement this offer letter by the Bank,

does not create any binding obligation on the part of the Bank to take
the offered premises. I/we, further understand Bank has unqualified
liberty to accept or reject

this offer at any stage,

without assigning

any reasons.

Place:
Date:
Signature:
Name & Address of Landlord
Enclosure:

Documents to be submitted along with offer letter :

1. Copy of sale deed with the chain of documents.
2. Copy of sanctioned plan showing approval for commercial usage
of the premises.
3. Copy of the latest property tax paid receipt/electricity
bill/society maintenance bill