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This sale deed outlines the transfer of a residential property named 'Ritul-Niwas' from Mr. Ratnes Saha to Mr. Jiwesh Saha for ₹3,00,00,000, with a stamp duty of ₹15,00,000. The property, located in Cuttack, Orissa, includes two fully constructed floors and has been confirmed free of encumbrances. The vendor has agreed to assist in the transfer of ownership and has provided all necessary documents related to the property.

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0% found this document useful (0 votes)
8 views4 pages

Property Law Project Scribd

This sale deed outlines the transfer of a residential property named 'Ritul-Niwas' from Mr. Ratnes Saha to Mr. Jiwesh Saha for ₹3,00,00,000, with a stamp duty of ₹15,00,000. The property, located in Cuttack, Orissa, includes two fully constructed floors and has been confirmed free of encumbrances. The vendor has agreed to assist in the transfer of ownership and has provided all necessary documents related to the property.

Uploaded by

muskanb1901
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

SALE DEED

Total Area of Plot/ flat: 650 Sq. Meters


Cost of Land: ₹3,00,00,000/- (Rupees Three Crore only)
Build up area: 500.00 Sq. Meters
Number of floors constructed/ semi constructed: Two (2) fully constructed floors
Category: Residential House
User Type: Self-occupied Residential
Year of construction: N/A
Cost of construction: N/A
Stamp Duty: ₹15,00,000/- (Rupees Fifteen Lakhs only)
Transfer Duty Rs. 1,50,000/- (Rupees One Lakh Fifty Thousand only)

This sale deed is made and executed at Cuttack, Orissa on Tuesday of 1st day of July, 2025,
between Mr. Ratnes Saha, son of Late Mr. Ritul Saha, aged about 50 years, retired Army
man, residing at Delhi (hereinafter called the Vendor) of the one part.

AND

Mr. Jiwesh Saha, resident of Orissa, (hereinafter called the Vendee/s) of the other part.

The expression of the Vendor & Vendee/s shall mean and include the parties itself, their
respective legal heirs, executors, successors, administrators, legal representatives and
assigns/nominees.

Whereas vendor is the absolute owner and in possession of ancestral property, known as
“Ritul-Niwas”, a two-storied ancestral house inherited from his father Late Mr. Ritul Saha,
situated in a peaceful residential zone at Cuttack, Orissa, and bounded as under:

EAST: Old well known as “Pakka Kuan”

WEST: Hanuman Temple

NORTH: Neighbour’s house known as “Riji Bhawan”

SOUTH: Neighbour’s house known as “Kautilya Niwas”

Page 1 of 4
Having been acquired by inheritance from his late father, Mr. Ritul Saha, and recorded in the
revenue records in his name, duly recognized by the office of the Sub-Registrar, Cuttack,
Orissa.

And whereas the Vendor for his bona fide needs and legal requirements, in his sound and
disposing mind without any pressure, force, compulsion or coercion has agreed to sell and
transfer the above said property unto the Vendee for a sum of Rs 3,00,00,000/- (Rupees Three
Crore only). for which the Vendee after scrutinizing the status of the land and also satisfied
regarding the title of the Vendor has agreed to purchase the same against the said
consideration.

NOW THIS DEED WITNESSETH AS UNDER: -

1. That in pursuance of the said agreement and in consideration of Rs. 3,00,00,000/-


(Rupees Three Crores only), Rs. 1,50,00,000/- (Rupees one Crore fifty lakhs only) on
the date of the agreement to sale that is on 20 October, 2023 and the balance amount
that is Rs. 1,50,00,000/- (Rupees one Crore fifty lakhs only) at the execution of this
Sale Deed, has been received by the Vendor from the Vendee/s on 1 July, 2025, the
Receipt of which is hereby admitted and acknowledged by the Vendor.
2. That the Vendor hereby Sells, Conveys, transfers and assign the above-mentioned
property absolutely and forever with all rights, title and interest of the same, unto the
Vendee who shall hereafter be the absolute owner of the same and enjoy all rights of
ownership etc.
3. That the actual physical possession of the above said property has been handed over
by the Vendor to the Vendee who is in possession of the same at the time of
registration of this sale deed.
4. That all expenses of this sale deed such as stamp duty, execution and registration fee,
etc. has been paid by the Vendee.
5. That all taxes, charges, dues, demands, arrears, electricity charges, water charges,
outstanding bills, house tax, development charges etc if any, in respect of the said
property for the period prior to the date of execution of this sale deed shall be paid and
borne by the Vendor and thereafter the same shall be paid and borne by the Vendee.
6. That the Vendor hereby agrees and assures the Vendee to help and assist him in getting
the property transferred/mutated in the relevant records of MCD/Revenue department

Page 2 of 4
and any other concerned department and/or the Vendee shall have full right to get the
property transferred/ mutated in his/her own name from the concerned department on
the basis of this Sale Deed even in the absence of the Vendor.
7. That all right and easements attached with the said property have also been conveyed
and transferred with the said property, unto the Vendees.
8. That the Vendor has assured and delivered to the Vendee that the said property under
sale is free from all sorts of encumbrances such as Sale, Mortgage, Gift, Transfer,
decree, litigation, lease, acquisition/ notification etc. and there is no defect in the title
of the Vendor and if it is proved otherwise at any time and the Vendee suffers any loss,
then the Vendor shall be fully liable and responsible for the same and the Vendee shall
be entitled to recover all his/her losses from the Vendor.
9. That the Vendee shall have full right to apply and obtain water, electricity and
sewerage connections in his own name from the concerned authorities and to get the
existing connections, if any, transferred to his name, without any objection from the
Vendor.
10. That the Vendor has this day handed over to the Vendee all previous title documents,
family inheritance records, and municipal tax receipts relating to the said property.
11. That the Vendor hereby declares that the property being sold is his self-acquired
ancestral property inherited from his late father, Mr. Ritul Saha, and no other person
or legal heir has any claim, title or interest in the same. In case any claim is raised by
any third party or legal heir in future, the Vendor shall indemnify the Vendee against
all such claims and losses.
12. That this Sale Deed constitutes the entire understanding between the parties, and no
oral assurance or representation not contained herein shall have any binding effect.
13. That the Vendor has delivered the previous title documents relating to the above-
mentioned property.
1. That the Vendor hereby declares and assures to the Vendee that the said property has
not been acquired by the Govt. and there is no injunction or attachment order of any
Court or Department.
2. That the market value of the property as per the benchmark values notified under the
Odisha Stamp Rules is Rs. 3,00,00,000 (Rupees Three Crores only). All facts relating
to its market value, consideration and chargeability to stamp duty and transfer duty

Page 3 of 4
have been fully given in the sale deed and already mentioned at page 1 of this sale
deed including form ‘A’ as prescribed under the said rules.
3. That the Vendor & Vendee are the Citizen of India.

In witness whereof, the parties have signed and affixed their signatures thumb mark on this
Sale Deed after understanding the contents of the same on the day, month and year first above
written in the presence of the following witnesses:

WITNESSES: -

1. Mr. Mohan: s/d s/d


2. Mr. Shivam: s/d VENDOR
3. Mr. Raju: s/d s/d
4. Mr. Dinkar: s/d VENDEE

Page 4 of 4

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