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picture1_Company Act 1956 Pdf 95031 | 15010581830draftagreementforsaleasperrera


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File: Company Act 1956 Pdf 95031 | 15010581830draftagreementforsaleasperrera
agreement for sale this agreement for sale agreement executed on this date day of month 20 by and between soumya homes pvt ltd cin no u45201mp2000ptc014291 a company incorporated under ...

icon picture PDF Filetype PDF | Posted on 19 Sep 2022 | 3 years ago
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                                                                 AGREEMENT FOR SALE   
                           
                          This Agreement for Sale (“Agreement”) executed on this __ (Date) day of ______ (Month),  
                          20____,                                                                                                 
                          By and Between   
                           
                          Soumya Homes Pvt. Ltd. (CIN  no.U45201MP2000PTC014291), a company incorporated 
                          under  the  provisions  of  the  Companies  Act,1956,  having  its  registered  office  at  T-4, 
                            RD
                          3 FLOOR, PLOT NO. 01, ZONE -1, M.P. NAGAR, BHOPAL (PAN -AAFCS3503C), represented 
                          by  its  authorized  signatory  Mr.  Rajeev  Sharma  S/o  Late  Shri  R.K.  Sharma  (Aadhar  no. 
                          448942437464)  authorized  vide  board  resolution  dated  _______________  hereinafter 
                          referred to as the “Promoter” 
                                   
                          Mr._______________, (Aadhar no. __________________) son of _________ aged about 
                          _________ residence at ________________, (PAN ___________), hereinafter referred to as 
                          the “Allottee”  
                           
                          The Promoter and Allottee shall hereinafter collectively be referred to as the “Parties” and 
                          individually as a “Party”.   
                          (b)   
                          WHEREAS:   
                          A.   The       Promoter         is    the       absolute       and       lawful       owner        of     Khasra 
                               nos.402/1,402/2,406/1/1/3,406/1/2Gha,406/2Kha totally admeasuring 6.55 Acre or 
                               26506.68 square meters situated atHinotiaAlam, Tehsil- Huzur& District Bhopal (“Said 
                               Land”)  vide  sale  deed(s)  dated  13/01/2011,28/03/2011&  21/10/2011registered  as 
                               documents no. 4044(1), 6407 (1)& 2508(1) at the office of the Sub-Registrar, Bhopal;   
                                
                          B.   The  Said  Land  is  earmarked  for  the  purpose  of  building  a  residential  project, 
                               comprising13multistore apartment buildings and Block No. 10 ofthe said project shall 
                               be known as ‘Soumya Evergreen Phase-VI’ (“Project”);    
                                
                          C.   The  Promoter  is  fully  competent  to  enter  into  this  Agreement  and  all  the  legal 
                               formalities with respect to the right, title and interest of the Promoter regarding the 
                               Said Land on which Project is to be constructed have been completed;    
                          D.   The Commissioner Bhopal Municipal Corporation has granted the Building Permission 
                               certificate to develop the Project vide approval dated25/05/2011 bearing registration 
                               no. 160/Bha.Aa.Sha/Na.Pa.Pa/2011/kolar. 
                          E.   The Promoter has obtained the final layout plan, sanctioned plan, specifications and 
                               approvals for the Project and also for the apartment, plot or building, as the case may 
                               be, from   
                                    Town and Country Planning, Bhopal. The Promoter agrees and undertakes that it shall 
                                    not make any changes to these approved plans except in strict compliance with section 
                                    14 of the Act and other laws as applicable;  
                              F.   The  Promoter  has  registered  the  Project  under  the  provisions  of  the  Act  with  the 
                                   Madhya Pradesh Real Estate Regulatory Authority at Bhopal on _____________under 
                                   registration no._______________;   
                              G.   The  Allottee  had  applied  for  an  apartment  in  the  Project  vide  application  no. 
                                   ___________ dated __________ and has been allotted apartment no. ___________ 
                                   having  carpet  area  of  ______  square  feet,  type  ________,  on  ____  floor  in 
                                   [tower/block/building]  no._______  (“Building”)  along  with  proportionate  share  of 
                                   common parking, as permissible under the applicable law and of pro rata share in the 
                                   common areas (“Common Areas”) as defined under clause (n) of Section 2 of the 
                                   Act(hereinafter referred to as the “Apartment” more particularly described in Schedule 
                                   A and the floor plan of the apartment is annexed hereto and marked as Schedule B);  
                              H.   The Parties have gone through all the terms and conditions set out in this Agreement 
                                   and understood the mutual rights and obligations detailed herein;   
                              I.   Additional details; 
                                   (a). Since presently there is no water supply from Municipal Corporation Bhopal, the 
                                   water supply is being done through tube wellallotte is fully aware of this fact and this 
                                   shall not be treated as deficiency in services. 
                                      (b).  Colony  maintenance  charges  of  Rs.  1200/-  per  monthshall  be  applicable 
                                   aftercompletion certificate is obtained for the building as decided by RWA. 
                                   (c). Society security deposit Rs. 10,000/- shall be charged as a corpus money, once the 
                                   maintenance  of  colony  is  completely  handed  over  to  RWA  for  all  the  phases  of 
                                   Soumya Evergreen. 
                                   (d).That incase if Municipal/Narmada/Kolar/Kerwa water/or any other government 
                                   agency water supply is provided then actual expense incurred shall be shared equally 
                                   by the residents of “RWA and shall be paid in advance collectively by all the residents 
                                   of the said society.” 
                                    (e) That if the allottee wishes to sell or transfer the said flat to any other third party 
                                   before the registration of the said flat, the allottee will have to pay 5% of the collector 
                                   value of the flat tothePROMOTER and take NOC from the PROMOTER before any such 
                                   transfer. 
                                    (f) After possession of the FLAT the allottee shall not disturb any of the internal and 
                                   the external walls, columns, beams, elevations etc. without prior written permission 
                                   from the PROMOTER.  
                                    
                                    
                                   J.     The Parties hereby confirm that they are signing this Agreement with full knowledge of 
                                          all the laws, rules, regulations, notifications, etc., applicable to the Project;   
                                   K.     The Parties, relying on the confirmations, representations and assurances of each other 
                                          to  faithfully  abide  by  all  the  terms,  conditions  and  stipulations  contained  in  this 
                                          Agreement and all applicable laws, are now willing to enter into this Agreement on the 
                                          terms and conditions appearing hereinafter;   
                                   L.     In accordance with the terms and conditions set out in this Agreement and as mutually 
                                          agreed upon by and between the Parties, the Promoter hereby agrees to sell and the 
                                          Allottee hereby agrees to purchase the [Apartment] as specified in para G. 
                                   M.   
                                  NOW THEREFORE, in consideration of the mutual representations, covenants, assurances, 
                                   promises and agreements contained herein and other good and valuable consideration, 
                                   the Parties agree as follows:  
                                  1.          TERMS: 
                                   1.1        Subject to the terms and conditions as detailed in this Agreement, the Promoter 
                                              agrees  to  sell  to  the  Allottee  and  the  Allotteehereby  agrees  to  purchase,  the 
                                              Apartment as specified in para G.    
                                   1.2        The  Total  Price  for  the  Apartment  based  on  the  carpet  area  is  Rs. 
                                              __________________________                                   (Rupees             _______________________                                only 
                                              excludingGST& Registration Charges 
                                               
                                               
                                              Block/Building/Tower                    no.        ________  Rate of Apartment per square feet*   
                                              Apartment             no.       ___________                Type 
                                              ________ Floor ________   
                                              Cost of apartment                                                     
                                              Cost of exclusive balcony or veranda areas                           - 
                                              Cost of exclusive open terrace areas                                 - 
                                              Proportionate cost of common areas                                   - 
                                              Preferential location charges                                        NIL 
                                              Taxes                                                                - 
                                              Maintenance Charges                                                  NIL 
                                              Society security deposit                                             Rs. 10,000/- 
                                              Total price (in rupees)                                              _______________   
                                               
                                              *Provide  breakup  of  the  amounts  such  as  cost  of  apartment,  cost  of  exclusive 
                                              balcony or veranda areas, cost of exclusive open terrace areas, proportionate cost of 
                                              common areas, preferential location charges,  taxes, maintenance  charges as per 
                                              para 11 etc., if/as applicable.   [AND] [if/as applicable]   
                                               
                                              Covered parking charges are nil. Common, Covered and open parking has been 
                                              provided as per sanctioned plan approved by Town & Country Planning Dept. 
                                               
                                              Explanation:   
                                              (i)         The Total Price above includes the booking amount paid by the allottee to the 
                                                          Promoter towards the Apartment. 
                                              (ii)        The Total Price abovedoes not include Taxes (consisting of tax paid or payable 
                                                          by the Promoter by way of GST and Cess or Value Added Tax, Service 
                                                          Tax, Stamps Duty, Registration Fees, Other legal expenses and Cess or any 
                                                          other similar taxes which may be levied, in connection with the construction 
                                                          of the Project payable by the Promoter, by whatever name called) up to the 
                                                          date of handing over the possession of the apartment/plot to the allottee and 
                                                          the project to the association of allottees or the competent authority, as the 
                                                          case may be, after obtaining the completion certificate:   
                                                          Provided that in case there is any change / modification in the taxes, the 
                                                          subsequent  amount  payable  by  the  allottee  to  the  promoter  shall,  be 
                                                          increased/reduced based on such change / modification:   
                                                          Provided further that if there is any increase in the taxes after the expiry of 
                                                          the scheduled date of completion of the project as per registration with the 
                                                          Authority, which shall include the extension of registration, if any, granted to 
                                                          the  said  project  by  the  Authority,  as  per  the  Act,  the  same  shall  not  be 
                                                          charged from the allottee;   
                                              (iii)       The Promoter shall periodically intimate in writing to the Allottee, the amount 
                                                          payable as stated in (i) above and the Allottee shall make payment demanded 
                                                          by  the  Promoter  within  the  time  and  in  the  manner  specified  therein.  In 
                                                          addition, the Promoter shall provide to the Allottee the details of the taxes 
                                                          paid or demanded along with the acts/rules/notifications together with dates 
                                                          from which such taxes/levies etc. have been imposed or become effective;   
                                              (iv)        The Total Price of Apartment includes recovery of price of land, construction 
                                                          of  [not  only  the  Apartment  but  also]  the  Common  Areas,  internal 
                                                          development charges, external development charges, taxes, cost of providing 
                                                          electric wiring, electrical connectivity to the apartment, lift, water line and 
                                                          plumbing, finishing with paint, marbles, tiles, doors, windows, fire detection 
                                                          and firefighting equipment in the common areas, maintenance charges as per 
                                                          para 11 etc. and includes cost for providing all other facilities, amenities and 
                                                          specifications to be provided within the Apartment and the Project.   
                                   1.3        The  Total  Price  is  escalation-free,  save  and  except  increases,  which  the  Allottee 
                                              hereby agrees to pay, due to increase because of development charges payable to 
                                              the competent authority and/or any other increase in charges which may be levied 
                                              or imposed by the competent authority from time to time. The Promoter undertakes 
                                              and agrees that while raising a demand on the Allottee for increase in development 
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...Agreement for sale this executed on date day of month by and between soumya homes pvt ltd cin no umpptc a company incorporated under the provisions companies act having its registered office at t rd floor plot zone m p nagar bhopal pan aafcsc represented authorized signatory mr rajeev sharma s o late shri r k aadhar vide board resolution dated hereinafter referred to as promoter son aged about residence allottee shall collectively be parties individually party b whereas is absolute lawful owner khasra nos gha kha totally admeasuring acre or square meters situated athinotiaalam tehsil huzur district said land deed documents sub registrar earmarked purpose building residential project comprisingmultistore apartment buildings block ofthe known evergreen phase vi c fully competent enter into all legal formalities with respect right title interest regarding which constructed have been completed d commissioner municipal corporation has granted permission certificate develop approval bearing ...

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