Practical Training – DPC

Topic Name – Gift Deed

GIFT DEED

THIS DEED OF GIFT IS MADE AT THANE on this _12th day of July 2021

BETWEEN Smt. Rajeshree Rajan Sawant, Age: 62 years, (Pan No.

BDGPL5632W) residing at Flat No. 303, Ground Floor, in Ganesh Apartment

Co-Op. Housing Society Ltd., Village Thane, Naupada, Thane (West)

hereinafter called “THE DONOR” respectively (which expression shall unless

it be repugnant to the context or meaning thereof be deemed to mean and

include her heirs, executors, administrators and assigns) of the party of the

FIRST PART;
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AND

Smt. Anjali Rajan Sawant , Age: 40 years, (Pan No. BDGPN8712L)

residing at Flat No. 303, Ground Floor, in Ganesh Apartment Co-Op. Housing

Society Ltd., Village Thane, Naupada Thane (West) hereinafter called “THE

DONEE” (which expression shall unless it be repugnant to the context or

meaning thereof be deemed to mean and include her heirs, executors,

administrators and assigns) of the party of the SECOND PART;

1] WHEREAS the “THE DONOR” is seized and possessed of and/or

otherwise sufficiently entitled to the flat premises bearing Flat No. 303,

Ground Floor, in Ganesh Apartment Co-Op. Housing Society Ltd.,

Village Thane, Naupada Thane (West), totally admeasuring 525 sq ft.

of Built up area and the said flat is located in a building known as

“Ganesh Apartment" constructed upon a piece and parcel of land

bearing Survey No. 120, Hissa No. 17, lying being and situate at

Naupada,Thane (West) within the limits of Thane Municipal

Corporation and Registration district, Thane, hereinafter referred as

the “SAID PREMISES”.

2] AND WHEREAS THE DONOR herein became the owner of the Said

Premises by virtue of Development Agreement dated 03 July 2009,

executed between M/s. Ganesh Enterprises, the Partnership Firm and

Party of the first Part herein. The said Development Agreement is

notorized before the Notarized Advocate Shri. Abhishek Lote bearing R.

No. 32961 dated 7th July 2009.

3] AND WHEREAS “THE DONOR” and “THE DONEE” are mother and

daughter respectively and hence the Donee is the family member of

the Donor;
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4] AND WHEREAS the “THE DONOR” being the Daughter of the

Donee, she desires to grant the said premises to the Donee as a Gift

in consideration of natural love and affection as hereinafter mentioned;

6) AND WHEREAS the market value of the said premises is

Rs.54,00,000/- (Rupees Fifty-Four lakhs only) and the stamp paid on

this Instrument of Gift as provided in Article 34 (Proviso) of Bombay

Stamp Act, 1958.

NOW THIS DEED WITNESSETH that the “THE DONOR” without any

monetary consideration and in consideration of natural love and affection

which the “THE DONOR” bear to the Donee do hereby grant and transfer by

way of gift the said premises and more particularly described in the Schedule

hereunder written together with all the liberties, privileges, easements and

advantages appurtenant thereto And all the estate, right, title, interest use,

inheritance, possession, benefit, claims and demand whatsoever of the “THE

DONOR” To Have And To Hold the same unto and to the use of the Donee

absolutely but subject to the payment of all taxes, rates, assessments, dues

and duties now and hereafter chargeable thereon to the Government or

Municipality or other Local Authority.

AND the “THE DONOR” does hereby covenant with the DONEE –

[a] That the “THE DONOR” now has in themselves, good right, full power

and absolute authority to grant the said premises granted as gift in the

manner aforesaid.

[b] The Donee may at all times hereafter peaceably and quietly enter

upon have occupy, possess and enjoy the said premises every part

thereof to and for her own use and benefit without any suit, lawful

eviction, interruption, claim or demand whatsoever from or by the

“THE DONOR” or their heirs, executors, administrators and assigns or

any person or persons lawfully claiming or to claim by, from under or

in trust for the “THE DONOR”.

[c] That the said premises are free and clear and freely and clearly and

absolutely and forever released and discharged or otherwise by the

“THE DONOR” and well and sufficiently saved, kept harmless and

indemnified of and from and against all former and other estate, titles,

charges and encumbrances whatsoever, had made, executed,

occasioned or suffered by the “THE DONOR” or by any other person

or persons lawfully claiming or to claim by, from, under or in trust for

the “THE DONOR”.

[d] AND FURTHER that the “THE DONOR” and all persons having or

lawfully claiming any estate or interest whatsoever to the said

premises or any part thereof from under or in trust for the “THE

DONOR” or his heirs, executors, administrators and assigns or any of

them shall and will from time to time and at all times hereafter at the

request and cost of the Donee do and execute or cause to be done and

executed all such further and other acts, deeds, things, conveyances

and assurances in law whatsoever for better and more perfectly

assuring the said premises and every part thereof unto and to the use

of the Donee in the manner aforesaid as by the Donee, his heirs,

executors, administrators and assigns or counsel in law shall be

reasonably required.

IN WITNESS WHEREOF the “THE DONOR” as well as the Donee (by way

of acceptance of the said gift) have put their respective hands the day and

year first hereinabove written.

THE SCHEDULE ABOVE REFERRED TO

Flat No. 303, Ground Floor, in Ganesh Apartment Co-Op. Housing Society

Ltd., Village Thane, Naupada, Thane (West), totally admeasuring 525 sq ft.

of Built up area and the said flat is located in a building known as “Ganesh

Apartment" constructed upon a piece and parcel of land bearing Survey No.

120, Hissa No. 17, lying being and situate at Mouje Naupada, Thane (West)
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within the limits of Thane Municipal Corporation and Registration district,

Thane, IN WITNESS WHEREOF the parties hereto have hereunto set and

subscribed their respective hands on the day and year written hereinabove.

SIGNED SEALED AND DELIVERED

by the within named DONOR

SMT. Rajeshree Rajan Sawant,

in the presence of

1] Umesh Ram Joshi

2] Ramesh shankar Khole

SIGNED SEALED AND DELIVERED

by the within named DONEE

MS. Anjali Rajan Sawant,

in the presence of

1] Akshay Narayan Naik

2] Tejas Ajay Rane