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This Deed of Absolute Sale is made and executed on this Thirtieth Day of
September Two Thousand and Fifteen (30/09/2015) at Bangalore:
BY:
1. Mr. P,DEVARAJ
Aged about 47 Years
S/[Link] Pillappa,
Residing at No.88, 11" Main,17" Cross,
Sector-6,HSR Layout, Bangalore-S60102.
PAN: ANUPD0617P
2. Mr. P.V.C PREM KUMAR
Aged about 39 Years
S/o. Late P.V Chikanna
Residing at No.49,1* Cross,BCHS Layout,
- Virat Nagar,Bommanahalli,Bangalore-560068
PAN: AKEPP3273G
Herein after called as ‘VENDORS’ which term shall mean and include their
egal heirs, successors, assignees, legal representatives, executors and
administrators of the ONE PART: AND
IN FAVOUR OF:
1. Mr, MOHAMMED IMRAN SAIT,
Aged about 45 years,
S/o Mr. Mohammed Jaffer Sait,
Residing at No.1919, 21% Main, 14!" A Cross,
Sector — 1, HSR Layout, Bangalore - 560 102
PAN: ASEPS8820Q
2. [Link] IMRAN SALT
Aged about 38 Years,
W/o. [Link] Imran Sait
Residing at No.1919, 21% Main, 14" A Cross, }
Sector ~ 1, HSR Layout, Bangalore ~ 560 102. oe |
PAN: AALPB7078G nC Mi) dunrrous ee is
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No. BNGIUIGSK,
Crore Sixteen Lakh Eighty Three Thousand and Two Hundred Only) to
the Purchasers and the Purchasers have agreed for the same.
WHEREAS the VENDORS have offered to sell the SCHEDULE PROPERTY and
made the following assurances to the PURCHASERS,
a) That the Vendors are the sole and absolute owners of the Schedule
Property having good, marketable title, interest over the Schedule
Property
b) That the Vendors have not entered into any agreement to sell the
Schedule Property to any person other than the Purchasers.
¢) That the Schedule Property is free from mortgages, liens, encumbrances,
lispendences of any kind whatsoever anc it is also free of impediment for
sale under any law, decree, contract, WILL or Gift, Memorandum of
Understanding oral or written.
4) That the Schedule Property is free from tenancy applications and also the
Vendors are not barred from transferring the Schedule Property under
any other statute to the Purchasers.
€) That the Schedule Property hereby conveyed ig not subject to any charge
from payment of Income tax, Wealth tax, Gift tax.
f) That the Schedule Property hereby conveyed is not a land in respect of
which there is a statutory bar or prohibition to acquire and hold the
Property to be conveyed.
WHEREAS the parties have finalized the terms and have thought it fit to
reduce the terms agreed upon by them into writing
NOW THIS DEED OF ABSOLUTE SALE WITNESSETH:
1. The VENDORS offered: to sell the SCHEDULE PROPERTY to the
PURCHASERS for a total sale consideration of Rs.1,16,83,200
(Rupees One Crore Sixteen Lakh Eighty Three Thousand and Two
Hundred Only).The PURCHASERS have accepted the offer and paid
entire total sale consideration of Rs.1,16,83,200 (Rupees One Crore
Sixteen Lakh Eighty Three Thousand and Two Hundred Only) ‘
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3. [Link] AHMED
Aged about 31 years,
S/o. Late. Maqboo! Ahmed,
Residing at No.431,30" ‘A’ Cross,
Tilaknagar, Jayanagar,Bangalore-560041
PAN: AQCPKO465B.
Herein after called as ‘PURCHASERS’ which term shall mean and include
their heirs, assignees, legal representatives, executors and administrators
of the OTHER PART:
WHEREAS Vendors are the absolute owners of the residential converted
land bearing [Link].128/2 measuring 27.8 Guntas,(Duly converted from
agricultural purpose to non-agricultural residential purpose vide Official
Memorandum dated 31/01/2014, bearing [Link](ASH) SR 19/2013-14
issued by the Deputy Commissioner, Bangalore District, Bangalore) AND
land bearing [Link] 128/3 measuring 27.8 Guntas, (Duly converted from
agricultural purpose to non-agricultural residential purpose vide Official
Memorandum dated 31/01/2014, bearing [Link](ASH) SR 80/2013-14
issued by the Deputy Commissioner, Bangalore District, Bangalore), Both
situated at Kudlu Village, Sarjapura Hobli, Anekal Taluk.
\,, And Whereas the Vendors having purchased the aforesaid land from its
previous owners [Link] , Sri [Link] and others Vide Sale
\# \ Deed Dated: 30-09-2015 Registered as document No: 7160/2015-16, Book
sfx No. I, Stored in CD No: BSKD324 in the office of the Sub-Registrar
Jy | Banashankari, Bangalore.
WHEREAS originally the Agricultural Land bearing [Link].128, measuring 1
acres 15 guntas, situated at Kudlu village, Sarjapura Hobli, AnekalTaluk,
was belonging to [Link] S/o Bellaiah and he acquired the same under
@ partition deed 15/04/1971, registered as Document No.242/1971-72,
Book-1, Volume 115, Pages 68-73, in the office of the Sub-Registrar, Anckal
In pursuance of the aforesaid Partition deed the Khata was registered and
mutated in the name of [Link] vide Mutation Register Extract bearing
No. 15/1986-87
WHEREAS the land bearing [Link].128 situated at Kudlu Village, Sar
Hobli, Anekai Taluk
[Link].128/1,
Japura
Bangalore was phoded and renumbered as
128(2 vide Mutation Register Extract bearing No.13/2007-08, _/|
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WHEREAS subsequently there was a partition among the family members of
[Link] namely [Link], [Link] and [Link]
children of [Link], [Link], [Link],
SmtKomalamma, [Link], Sint-Rajamma, —[Link],
[Link] vide Partiton Deed dated 17/12/2007, registered as document
No.218/07-08, in the office of the Sub-registrar Sarjapaura. In the said
Partition land measuring 27.08 guntas in land bearing [Link].128/2 was
allotted to the share of [Link] and land measuring 27.08 guntas in
‘and bearing [Link], 128/2 was allotted to the share of [Link] ang
the Khata of the aforesaid land was mutated in the names of Sri,Manjunatho
and [Link] vide Mutation Register Extract bearing No.49/2007-08.
WHEREAS the land bearing [Link].128/2 situated at Kudlu Village,
Serjapura Hobli, Anekal Taluk, Bangalore was further phoded and
renumbered as [Link].128/2, 128/3 vide Mutation Register Extract beari
No.96/2010-11. Hi
WHEREAS the said Sri.k.B,Manjunath applied and obtained conversion of
the land measuring 27.08 guntas in [Link].128/2, situated at Kudiu Village,
Sarjapura Hobli, Anekal Taluk from agricultural purpose to non-agricultural
> residential purpose vide Official Memorandum dated 31/01/2014, bearing
NO-ALN(ASH) SR 19/2013-14 issued by the Deputy Commissioner,
Bangalore District, Bangalore. And the above said [Link] also applied
and obtained conversion of the land measuring 27.08 guntas in
[Link].126/3, situated at Kudlu Village, Sarjapura Hobli, Anekal Taluk from
agricultural purpose to non-agricultural residential purpose vide Official
Px, Memorandum dated 31/01/2014, bearing [Link](ASH) SR 80/2013 1a
‘issued by the Deputy Commissioner, Bangalore District, Bangalore.
vid WHereas the VENDORS have offered to seli the converted land measuring
/ 1+, 7,66 Guntas in [Link].128/2 and 4.51 Guntas in [Link].128/3 totally added
{ Measuring 12.17 Guntas, (Duly converted from agricultural purpose to non-
agricultural residential purpose vide _Official_~Memorandum dated
31/01/2014, bearing [Link](ASH) SR 19/2013-14 and vide Official
Memorandum dated 31/01/2014, bearing [Link](ASH) SR 80/2013-14
issued by the Deputy Commissioner, Bangalore District, Bangalore
respectively), situated at Kudlu Village, Sarjapura Hobli, Anekal Taluk.,
which is more fully described hereunder and hereinafter referred to as the
Schedule Property,, for a consideration of Rs.1,16,83,200 (Rupees One
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the following manner and the receipt of which acknowledged by the
VENDORS herein
a
Rs.36,05,334/- (Rupees Thii
- Rs.5,00,000/- (Rupees Five Lakh Only) p:
Rs.15,00,000/- (Rupees Fifteen Lakh Only) paid by way of
RTGS dated:31.08.2012 in favour of the Vendor Not by
Purchaser No.3.
Rs-20,00,000/- (Rupees Ten Lakh Oniy) paid by way of RTGS
dated:05.10.2012 (UTR:IOBAH12279001183), in favour of the
Vendor No.1 by Purchaser No.3.
Rs.10,00,000/- (Rupees Ten Lakh Only) paid by way of RTGS
dated:11.11.2013 (UTR:IOBAH13315008382), in favour of the
Vendor No.2 by Purchaser No.3.
» RS.21,05,334/- (Rupees Twenty One Lakh Five Thousand
Three Hundred and Thirty Four Only) paid by way of Cheque
No:287504 dated:29.09.2015 drawn on Indian Overseas Bank,
HSR Layout Branch, Bangalore in favour of the Vendor No.t by
Purchaser No.1.
y Six Lakh Five Thousand
qhree Hundred and Thirty Four Only) paid by way of Cheque
No:287505 dated:29.09.2015 drawn on Indian Overseas Bank,
HSR Layout Branch, Bangalore in favour of the Vendor No.2 by
Purchaser No.1
Rs.5,00,000/- (Rupees Five Lakh Only) paid by way of
Cheque No:287506 dated:29.09,2015 drawn on Indian Overseas
Bank, HSR Layout Branch, Bangalore in favour of the Vendor
No.1 by Purchaser No.1
id by way of
Cheque No:287507 dated:29.09.2015 drawn on Indian Overseas
Bank, HSR Layout Branch, Bangalore in favour of the Vendor
No.2 by a, a NO Lurene
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A. Rs.5,00,000/- (Rupees Five Lakh Only) paid by way of
Cheque No:287508 dated:30.09.2015 drawn on Indian Overseas
Bank, HSR Layout Branch, Bangalore in favour of the Vendor
No.1 by Purchaser No.1.
i. Rs.5,00,000/- (Rupees Five Lakh Only) paid by way of
Cheque No:287509 dated:30,09,2015 drawn on Indian Overseas
Bank, HSR Layout Branch, Bangalore in favour of the Vendor
No.2 by Purchaser No.1.
J. Rs.1,77,850/- (Rupees One Lakh Seventy Seven Thousand
Eight Hundred and Fifty Only) paid by way of Cheque
No:287510 dated:30.09,2015 drawn on Indian Overseas Bank,
HSR Layout Branch, Bangalore in favour of the Vendor No.1 by
Purchaser No.1.
k. Rs.1,77,850/- (Rupees One Lakh Seventy Seven Thousand
Eight Hundred and Fifty Only) paid by way of Cheque
No:287511 dated:30.09.2015 drawn on Indian Overseas Bank,
HSR Layout Branch, Bangalore in favour of the Vendor No.2 by
Purchaser No.1.
|. Rs. 58,416/- (Rupees Fifty Eight Thousand Four Hundred
and Sixteen Only) deducted towards the Tax Deducted at
source (TDS) from the entire Sale consideration stipulated in the
Sale deed has been remitted Vide Challan Serial No.6470, BSR
Code:0271852, dated:30.09.2015, to the Vendor No.1’s
PAN: ANUPDOG17P by Purchaser No.3.
[Link]. 58,416/- (Rupees Fifty Eight Thousand Four Hundred
and Sixteen Only) deducted towards the Tax Deducted at
source (TDS) from the entire Sale consideration stipulated in the
Sale deed has been remitted Vide Challan Serial No.6568, BSR
Code:0271852, dated:30,09.2015, to the Vendor No.2’s
PAN: AKEPP3273G by Purchaser No.3.
The VENDORS herein and hereby confirm and acknowledge the receipt
of Rs.1,16,83,200 (Rupees One Crore Sixteen Lakh Eighty Three
Thousand and Two Seared Only) from the PUR
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and hereby acquits the PURCHASERS from the payment of sale
consideration.
That the VENDORS in pursuance of receipt of the total and entire
agreed sale consideration from the PURCHASERS, the VENDORS herein
by these presents, hereby transfers, sells, conveys, grants, assigns the
SCHEDULE PROPERTY hereunder to and in favour of the PURCHASERS
TO HAVE, TO HOLD, TO ENJOY the SCHEDULE PROPERTY and every
part thereof hereby granted, sold, conveyed and transferred UNTO and
to the use of the PURCHASERS forever as its absolute owners thereof.
That the VENDORS on this day have put the PURCHASERS in vacant
Possession of the SCHEDULE PROPERTY free from all the encumbrances
and the PURCHASERS herein hereby acknowledges to have taken
possession of the SCHEDULE PROPERTY,
The VENDORS hereby declare that they have no manner of right, title or
Interest over the SCHEDULE PROPERTY from this day onwards and
PURCHASERS are the absolute owners of the same herein after.
THAT the VENDORS on this day have delivered to the PURCHASERS
copies of documents of the title deeds in respect of the SCHEDULE
PROPERTY.
THAT the VENDORS assure the PURCHASERS that the VENDORS are the
sole and absolute owners of the SCHEDULE PROPERTY and no other
person other than the VENDORS have got any manner of right, title or
interest over the SCHEDULE PROPERTY and the VENDORS have got
good right and absolute authority and indefeasible title to the
SCHEDULE PROPERTY, to grant, sell, convey, transfer assign and
assures UNTO the use of PURCHASERS in the manner aforesaid
according to the true intent and meaning of these presents.
THAT the VENDORS assure the PURCHASERS that the SCHEDULE
PROPERTY is free from all encumbrances, mortgages, liens,
attachments, leases, lispendence and the VENDORS further assure the
PURCHASERS that they have not done any act or deed contrary to or
inconsistent with its hay Saha right to deal with the SCHEDULE
PROPERTY. ° goa) orion hes
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ne,SCHEDULE PROPERTY
All that piece and parcel of the converted tand measuring 12.17 Guntas in
[Link].128/2 and [Link].128/3 (Duly convertee from agricultural purpose to
non-agricultural residential purpose undeveloped land vide Official
Memorandum dated 31/01/2014, bearing [Link](ASH) SR 19/2013-14 and
vide Official Memorandum dated 31/01/2014, bearing [Link](ASH) SR
80/2013-14 issued by the Deputy Commissioner, Bangalore District
Bangalore Respectively), situated at Kudlu Village, Sarjapura Hobli, Anekal
Taluk and bounded on:
East by a Private Property (SNN Raj Builders Property)
West by 40 feet Road;
North by : Remaining Property of the Vendors.
South by : 30 feet Road;
IN WITNESSES WHEREOF, the Vendors and Purchasers herein have set
their hands on this day, month and year above mentioned before the
following witnesses. MD WP gt
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Page 9 of 3All that piece and parcel of the converted land measuring 12.17 Guntas in
[Link].128/2 and [Link].128/3 (Duly converted from agricultural purpose to
non-agricultural residential purpose undeveloped land vide Official
Memorandum dated 31/01/2014, bearing [Link](ASH) SR 19/2013-14 and
vide Official Memorandum dated 31/01/2014, bearing [Link](ASH) SR
80/2013-14 issued by the Deputy Commissioner, Bangalore District
Bangalore Respectively), situated at Kudlu Village, Sarjapura Hobli, Anekal
Taluk and bounded on
East by: Private Property (SNN Raj Builders Property)
West by : 40 feet Road;
North by Remaining Property of the Vendors.
South by : 30 feet Road;
IN WITNESSES WHEREOF, the Vendors and Purchasers herein have set
their hands on this day, month and year above mentioned before the
following bee M D Be fos
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[PURCHASERS]
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Page 9 of 9