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:SALE DEED:

THIS DEED OF SALE IS MADE AND EXECUTED ON THIS THE _____ OF _______,
TWO THOUSAND SEVENTEEN (____/12/2017):

BY

1) Sri.H.V.VIJAYA RAGHAVAN
Aged about 62 years,
Son of late Sri.H.V.Reddy,

2) Sri.SUJAY REDDY
Aged about 31 years,
Son of Sri.H.V.Vijaya Raghavan

3) Smt.SHILPA V.REDDY
Aged about 35 years,
Daughter of Sri.H.V.Vijaya Raghavan

4) Smt.SUJATHA VIJAY
Aged about 55 years,
Wife of Sri.H.V.Vijaya Raghavan

All are Residing at:

Flat No.15, Fourteenth Floor,
MANTRI ALTIUS APARTMENTS,
Cubbon Road,
BANGALORE – 560 001

Hereinafter called the "SELLERS"

(Which expression wherever it so requires shall mean

and include all their respective heirs, legal
representatives, administrators, executors and assigns
etc.,)

In all the above Represented by their Special Power of Attorney holder SRI.
M.Kumar, Aged about 41 years, S/O Sri.Mallu Gowda, residing at No.105,104/7
Bannerghatta Road, Vijay Estate, Gottigere village, Bangalore -560083, vide
Registered document in Book No.4, No SHV-4-00056-2016-17, CD No. SHVD226,
Dated 11.05.2016 in the office of the Sub-Registrar, shivajinagar (which term
unless repugnant to the context shall mean and
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include its heirs, executors, administrators-in-office, legal representatives and assigns)

OF THE ONE PART IN FAVOUR OF

:IN FAVOUR OF:

1. Sri. Ambati Vijaya Rama Raju
Son of Sri. Ambati Sudhakar Raju
Aged About 33 Yrs

2. Smt. Ambati Ranjitha

Wife of Sri. Ambati Vijaya Rama Raju
Aged About 33 Yrs

Both are Residing at:

House No. 106, 5th Cross,

Muneshwara Layout, Ayyappa Nagar
K.R.Puram,
Bangalore - 560036
hereinafter referred to as "PURCHASER
(which expression wherever it so requires shall mean and include all his/her/their
heirs, legal representatives, administrators, executors and assigns etc.,) OF THE
OTHER PART:

WITNESSETH:
WHEREAS the Sellers herein are the co-owners by title and in actual possession and
enjoyment of (a) Property bearing ( old Sy.No51 ) Sy.No.51/3 measuring 02 Acres
03 Guntas (b) Property bearing Sy.No.45 measuring 01 Acre 18.90 Guntas (out of 06
Acres 10 Guntas) and Property bearing Sy.No.44/4 measuring 00 Acre 18.00 Guntas
(out of 01 Acres 18 Guntas) situated in Hoodi Village, Krishnarajapuram Hobli,
Bangalore East Taluk morefully described in Schedule `A’ herein and the First Party
herein acquired the Schedule `A' Property in terms of a Partition Deed dated
04/09/2000 registered as Document No.5400/2000-01 in Book I in the Office of the
Sub-Registrar, Krishnarajapuram, Bangalore.
WHEREAS, the Sellers 2 and 3 are children of First Seller and the Fourth Seller
herein is the wife of the First Seller and the Sellers herein entered in to a further
partition for partitioning all other properties including the properties described in
Schedule `A' herein in terms of a Partition Deed dated 14/09/2010 registered as
Document No.4439/2010-11 in Book I and stored in CD.No.JPND79 in the office of
the Sub-Registrar, J.P.Nagar, Bangalore wherein each of the Sellers herein were
allotted 1/4th undivided share in Schedule `A' Properties as per Schedules `A' to `D'
respectively and from the date of allotment the Sellers herein started enjoying the
Schedule `A' Property as co-owners each of them holding 1/4 th undivided share in
the Schedule `A' Properties.
WHEREAS, the Sellers herein entrusted the Schedule `A' Property Converted
Survey Nos.44/4, 45 and 51/3 along with other land owners of property bearing
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Converted Survey Nos. 44/1, 44/3, 45/1, 45/2, 45/3 and 51/1, in favour of M/s Red
Coral Properties, A Partnership Firm having its office presently at: No.133/1, The
Residency,2nd floor, Residency Road,Bangalore-560025, Rep by its Managing Partner
Mr. K. Praveen, for the purpose of developing the Schedule `A' Properties Sites and
Villas and also for Plots in terms of two Joint Development Agreements as detailed
below:

a) Joint Development Agreement dated 26/03/2011 registered as Document

No.6778/2010-11 in Book I and stored in CD.No.MDPD81 in the Office of the
Sub-Registrar, Mahadevapura and
b) Joint Development Agreement dated 26/03/2011 registered as Document
No.6782/2010-11 in Book I and stored in CD.No.MDPD81 in the Office of the
Sub-Registrar, Mahadevapura .
WHEREAS, the Builder secured a license and sanctioned plan vide
LP.No.BDA/TPM/PRL/71/11/12/5525/2012-2013 dated 29-12-12 from Bangalore
Development Authority/Bruhath Bangalore Mahanagara Palike in respect of the entire
extent of the Property in Sy.No.44/4, 45 and 51/3 including the Schedule `A'
Property for development of the same in to residential sites for construction of villas
and also for formation of plots.
WHEREAS, by a Sharing Agreement dated 24/08/2013 the Sellers herein and the
Builder ear marked and identified the areas falling to the shares of the Sellers in the
form of sites/plots in the entire land in Sy.No.44/4, 45 and 51/3 including the
Schedule `A' Property which are morefully described in Schedule `B' herein came to
be allotted to the shares of the Sellers herein and since the Sellers were entitled to
1/4th undivided share in the Schedule `A' Properties the Sellers herein similarly
became entitled to 1/4th undivided share in the Schedule `B' Property.
WHEREAS, subsequent to the execution of the Sharing Agreement, the First Seller
herein retained property measuring 9900.20 Sq Ft in land bearing Sy.No.51/1 and
the other co-owners released and relinquished all their rights in favour of the First
Party herein in terms of a Release Deed dated 24/08/2013 registered as Document
No.3241/2013 in Book I and stored in CD.No.HLSD85 in the Office of the Sub-
Registrar, Halasuru, Bangalore and thereby the land entrusted in favour of the
developer stood reduced by 9900.20 Sq Ft area in Sy.No.51/1.
WHEREAS, the parties herein though were entitled to 1/4 th undivided share in the
Schedule `A' and `B' Properties, taking in to fact of the Release Deed dated
24/09/2013 under which the First Seller has retained property measuring 9900.20 Sq
Ft in Sy.No.51/1 the parties herein arrived at a settlement to revise the sharing of
the sites and villas in the form of ratios and agreed to own the sites and villas as co-
owners and hence the Sellers herein entered in to a Settlement Agreement dated
15/04/2016 confining their sharing ratios in the entire development of which the
Schedule `B' Property is a portion.
WHEREAS the Sellers/Builder propounded a scheme of development of Schedule
`A' Property into a residential layout under consisting of residential sites, wherein
a person interested in constructing a Villa/Row House was required to purchase a
site/plot formed in Schedule `A' Property from the Sellers and entrust the
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construction to the Developer under a separate Construction Contract if

he/she/they desire to do so. The layout will have internal roads, pathways and
open spaces and club house with services such as water supply system, sewage
disposal system etc.
WHEREAS the Purchaser/s is/are interested in owning a plot in Schedule `A'
Property (after being satisfied with the Sellers' title to Schedule `A' Property and
with the scheme of development), which Plot is described in Schedule `B' herein
and agreed to purchase the Schedule `B' Property and hereinafter referred to as the
SCHEDULE ‘B’ PROPERTY for brevity. The Schedule ‘B’ Property hereby sold is a
vacant site without construction of any villas and only vacant site is sold to the
Purchaser/s herein. WHEREAS the Sellers hence offered to sell the Schedule `B'
Property for the consideration of Rs.63,71,955/- (Rupees Sixty Three Lakhs Seventy
One Thousand Nine Hundred Fifty Five Only) free from encumbrances and the
Purchaser/s/s has/have agreed to purchase the Schedule `B' Property for the sum of
Rs. 63,71,955/- (Rupees Sixty Three lakhs Seventy One Thousand Nine Hundred
Fifty Five).
NOW THIS DEED OF SALE WITNESSETH AS FOLLOWS:

1. That in pursuance of the aforesaid agreement and in consideration of the

payment of the sale price of Rs.63,71,955/- (Rupees Sixty Three Lakhs
Seventy One Thousand Nine Hundred Fifty Five Only).
paid to the Sellers in the following manner:

(a) Rs.1,00,000/- (Rupees One Lakh Only) by Cheque No.790512, dated

04.11.2017 on Citi Bank, Bangalore Branch, drawn by the Purchaser in
favour of the Fourth Seller Mrs.Sujatha Vijay towards sale consideration.
(b) Rs.19,39,663/-(Rupees Nineteen Lakh Thirty Nine Thousand Six Hundred
Sixty Three Only) by Cheque No.790517, dated 04.12.2017 on Citi Bank,
Bangalore Branch, drawn by the Purchaser in favour of the Fourth Seller
Mrs.Sujatha Vijay towards sale consideration.
(c) Rs.20,39,663/-(Rupees Twenty Lakhs Thirty Nine Thousand Six Hundred
Sixty Three Only) by Cheque No.790518, dated 04.12.17 on Citi Bank,
Bangalore branch, drawn by the Purchaser in favour of the Second Seller
Mr.Sujay Reddy towards sale consideration.
(d) Rs.39,662/- (Rupees Thirty Nine Thousand Six Hundred Sixty Two Only) by
Cheque No.790519, dated 04.12.17 on Citi Bank, Bangalore Branch,
Bangalore, drawn by the Purchaser in favour of the Third Seller Mrs.Shilpa
Reddy towards sale consideration.
(e) Rs.63,720/- (Rupees Sixty Three Thousand Seven Hundred Twenty Only)
by Cheque No.790514, dated 04.12.17 on Citi Bank, Bangalore Branch,
Bangalore, drawn by the Purchaser in favour of the First Seller Mr.H V
Vijayaraghavan towards sale consideration.
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(f) 1,89,247/-(Rupees One Lakh Eighty Nine Thousand Two Hundred Forty
Seven Only) by Cheque No.790516, dated 01.12.17 on Citi Bank, Bangalore
Branch, Bangalore, drawn by the Purchaser in favour of the First Seller Mr.H
V Vijayaraghavan towards sale consideration..

(g) Rs.20,00,000/-(Rupees Twenty Lakhs Only) by Cheque No.______, dated

_____ on ______ Bank, Bangalore Branch, Bangalore, drawn by the
Purchaser in favour of the Third Seller Mrs.Shilpa Reddy towards sale
consideration.

(h) Rs.63,720/- (Rupees Sixty Three Thousand Seven Hundred Twenty Only)
paid by the purchaser to the Account of the Seller towards deduction of tax
as source at the rate of 1% on the sale price as per Section 194/1A of the
Income Tax Act Vide challan No.1 __________ dated _________
2. Whereas the Sellers hereby acknowledge the receipt of the said total sale
consideration of Rs63,71,955/- (Rupees Sixty Three Lakhs Seventy
One Thousand Nine Hundred Fifty Five Only).and acquit the
Purchaser/s from making any further payment.
3. The Sellers hereby grant, convey, sell, transfer, assign and make over
UNTO the Purchasers the Property described in Schedule ‘B' herein and
also all their right, title, interest and ownership in the plot/site described
in Schedule ‘B' below and also enjoy the common areas and facilities in the
Schedule ‘A' Property hereunder TO HAVE and TO HOLD the same
ABSOLUTELY AND FOREVER free from all encumbrances and the Developers
hereby confirm having transferred all its rights in respect thereto in favour of
the Purchaser/s for the consideration received and acknowledged as above.
4. ASSURANCES:
4.1) The Sellers hereby covenant with the Purchasers notwithstanding any
act, deed or thing heretofore done, excluded or knowingly suffered, the
Sellers have full power and absolute authority and indefeasible title to sell
the Schedule ‘B' Property and the Purchaser/s shall hereafter peacefully and
actually Hold, Possess and Enjoy the Schedule ‘B' Property without
any claim or demand, disturbance or interruption whatsoever from the
Sellers and/or Developers and persons claiming through or under them and
the Purchaser/s shall be entitled to enjoy Schedule ‘B' Property.
4.2) The Sellers further covenant that they shall at the cost of the Purchaser/s
do or execute or cause to be done or executed all such lawful acts, deeds
and things and execute at the cost of Purchasers deeds of further
assurances, confirmation deeds, rectification deeds and other things
whatsoever for further and more perfectly and more fully conveying and
assuring ownership and possession of the Property hereby conveyed.

5) INDEMNITY:
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The Sellers shall keep the Purchaser/s fully indemnified against all
encumbrances, claims, demands, costs and expenses occasioned or
made by the Sellers or any person having or claiming any estate, right, title
or interest in or to the property hereby conveyed.

6) POSSESSION:
6.1) The Sellers have delivered and put the Purchasers in actual physical
possession of the Schedule ‘B’ property on this day and the Purchaser/s shall
however not in any way be entitled to hinder the development in `Mahaveer
Horizon' if any or any extensions thereto as may be proposed by Sellers
and/or Developers from time to time.
6.2) The Purchaser/s have no claim against the Sellers in relation to Schedule
‘B' Property and/or the development in the Layout and confirm that they
have complied with their obligations towards the Purchaser/s under the
Agreement referred to above.

7) USAGE:
7.1) The Purchaser/s shall use the Schedule `B' Plot only for residential purpose
and shall not utilize the Schedule `B' Plot for putting up any commercial
building. The Purchaser/s after putting up construction of the villa/row house
in the Schedule ‘B’ Property shall while putting up construction in the
Schedule `B' Property shall not cause any nuisance/annoyance to the
occupants of the layout and shall not use the common areas, roads, open
spaces in the Schedule `A' Property for dumping materials/debris
etc. The Purchaser/s shall strictly observe the rules, regulations,
restrictions that may be generally/specifically imposed/prescribed by
the Land Owners/Developers or the Maintenance Company referred to
herein appointed for the maintenance of all common areas and facilities
in the Layout.
7.2) The Purchaser/s further covenant to use and enjoy all the common areas
and amenities such as roads, parks and open spaces, common electrical
lines and lighting, water lines, sewers, drains, pipes, internal roads,
pavements etc., in the Layout in common with other owners and other
persons. The Purchaser/s shall not place objects/things/articles which hinders
free use of any common amenities.
7.3 The Purchasers shall permit the Land Owners/Developers and/or the
Maintenance Company with or without workmen at all reasonable times to
enter into and upon the Schedule `B' Property or any part thereof for the
purpose of laying, maintaining, repairing and testing drainage, water
pipes and electric wires and for similar purposes and also for the purpose
of disconnecting the supply of water and electricity etc., to the houses or
other common areas of the building or to the occupiers of such houses as
the case may be who have defaulted in paying their share of water,
electricity and other charges and common expenses and also for non-
compliance of the terms of this Sale Deed.
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8) KATHA TRANSFER:
The Sellers have no objection for the Purchaser/s to secure at their cost
separate Khata of the Schedule `B' Property from the local authorities.
9) STAMP DUTY & FEES:

The Purchasers have borne the Stamp Duty and Registration Fee payable on
this Deed. and if there is any demand by the Statutory authorities towards
deficit stamp duty and registration fee, the same shall be borne by the
Purchasers. The Sellers shall not be responsible for any undervaluation or any
proceedings initiated by the statutory authorities in relation thereto.

10) PERMANENT ACCOUNT NUMBERS:

The following are the Permanent Account Numbers (PAN) of the parties to this
deed :-First Seller : AAJPV5506H
Second Seller : ALJPR5233N
Third Seller : ALCPR5477K
Fouth Seller :AAJPV5505E
First Purchaser :ANRPA9154H
Second Purchaser :AHYPV5306P

: SCHEDULE ‘A’ PROPERTY:

(Entire Property as shown in the sanctioned Layout Plan)

All that piece and parcel of converted lands bearing Survey Numbers 44/1, 44/3,
44/4, 45/1, 45/2, 45/3, 51/1 and 51/3 all are situated at Hoodi Village, K.R. Puram
Hobli, Bangalore East Taluk, totally measuring 14 acre 05.04 guntas as well as
Kharab land measuring 0.3 guntas (and an extent of 01 acre 01 guntas occupied by
HT lines which is part of the plan sanction) as per Layout plan approved by
Bengaluru Development Authority (BDA) vide Work Order No.BDA/TPM/PRL-71/11-
12/5525/2012-13 dated 29.12.2012 and is bounded on:

East : Road, Sy. No.51/2, 51/4 & 44/2;

West : Sy.No.49 & 46;
North : Sy.No.50 ;
South : Sy.No.43;

:SCHEDULE ‘B’ PROPERTY:

(PROPERTY CONVEYED UNDER THIS DEED OF SALE)
All that piece and parcel of residential villa site bearing No. 04, BDA Katha No: RO/
(E)04/Hoodi/2017-18 dated 28.11.2017, Layout formed in Converted Survey
Nos. 44/1, 44/3, 44/4, 45/1, 45/2, 45/3, 51/1, and 51/3 of Hoodi Village, K.R.Puram
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Hobli, Bangalore East Taluk, measuring East to West: 9.00+9.00/2 and North to
South :16.37+16.50/2 in all measuring 147.817 Sq.Mtrs (1591.102Sq.Ft) is
Situated in MAHAVEER HORIZON Layout, Hoodi, Bangalore is one of the sites formed
as per the Layout Plan vide No.BDA/TPM/PRL-71/11-12/5525/2012-13 dated
29.12.2012 issued by the Bangalore Development Authority. The Schedule Property
is bounded on:

East :Site No.03

West :Site No.05
North :By Private Property Bearing Survey No. 50 and layout boundary wall.
South :9M Wide road

IN WITNESS WHEREOF THE PARTIES HAVE SIGNED AND EXECUTED THIS

AGREEMENT TO SELL ON THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN.

WITNESSES:

1)
Sri. H.V .VIJAYA RAGHAVAN

Sri.SUJAY REDDY

2)

Smt.SHILPA REDDY

Smt.SUJATHA VIJAY
SELLERS

Ambati Vijaya Rama Raju

Ambati Ranjitha
PURCHASERS
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