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INDEMNITY BOND

This Indem nitY Bond an d


D.e*...........2016, bY' S mtfrf i

herein afte r
shail inclucje their legal heirs,successors,
assignees, agents, representatives and tenants. i

IN FAVOUR OF

Development Authority/
The fi/letroPolitan Commissioner, Hvderabad Metropolitan
Vice Chairman UDA
., LJ'. I Comrnissioner
herein
......MunicipalCorporation/Municipality
the SECOltli)
-afte-r.called
PARTY, which t"rrn ,n"liinclude all oiiiclais and staff "1"ih:,:::::',,;:: "J,l]y.?:l
Uili, " c"*ti"ti"n"r......."."...MunicipalofCorporation/Municipality Whereas
the unappro,uul.luy?.'.t'l\1f:r""u
FIRS-f PAR'IY has applied for the regulation
sub-division of plots i" St.N" l.o.1l.f:5.lor{R)ot :tv.w4.W\e!, .(V) .."tJ.\4,44+L1"- ' "
"W4;.lul.oistricicovering
il;;;; an extent of ...L*:.9.... Sq.Mts'iAcres.--
of the sald unapproveo
whereas the sECOND PARTY has agreed to consider regularisation of and llleqal
sutr orvrsion of plots in"terms of Telangana Regularisation
layoui/unapproved ,unapproved
and made it a condltion that there shall not be any defecis / litigations over the sard
layout Rules, 2015
/Banks / and attachments of courls and
site/land and lhe sarne shall be free from all claims of Govi
FTRST pARTy n". to tne SecoruD PARTY io this effect. Whereas the FIRST PARTY
'n,,L*nirf
havrng agreed to the atoresaid condition hereby indemnifies
the sEcoND PARTY with the abcve
sard site/land is the property o{ the FIRST
assurance and hereby .or"rnLy Jeclare that the above fronr all
pARTy r,vhrch rs porr"..Jd li r.,itlt-,"t since the date of purchase and the same is free
of any disputes i
defects Litigations. clalms ani attachments from any couds' etc
and ll
".utu
be responsible for thesettlemenl ': i'cl
nr,gui,on. aiises at any time in future the FIRST PARTY shall
sarne and the sECOND pARTy shall not be a party to
any such disputes / litigations 'rjence iiiis
imposed by the second pafty ai' I nefec\/
lncemniiy Bond. I afttrm that lshall abide by the condrtions
open spaces/area af{ected in road widentnq eail1|-al'Ke'
Il
-nclertake to hancl over ffle roads, streets. gift deed
rre regulated layoui io the local authority free of cost through a registered

SiGNATURE OF THE FIRST PARTY


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