RENTAL AGREEMENT
THIS AGREEMENT is made and executed at Indiranagar, Bangalore on 6th July 2023 by and between
Ramesh Reddy. Male, aged 60 years, S/o Rakesh Reddy, residing at Sampige Rd, Arkavathy Layout,
6th Block, Indiranagar, Bangalore, Karnataka, 560038, India (hereinafter jointly and severally called
the "Landlord", which expression shall include his heirs, legal representatives, successors and
assigns).
AND
Kali Das , S/o Jay Ram , having permanent address at Puthottil Malayil M North Po, Devnagar,
Mysore, Karnataka, 570006, India and having ID card No. 107386798368 issued by UIDAI
(hereinafter called the "Tenant", which expression shall include legal representatives, successors and
assigns).
WHEREAS the Landlord is the absolute owner of the Independent House situated at Sampige Rd,
Arkavathy Layout, 6th Block, Indiranagar, Bangalore, Karnataka, 560038, India, consisting of 3
bedrooms, 4 bathrooms, , 2 balconies, 1 car parking slot, kitchen and inbuilt fittings & fixtures and
inventory of the equipments as detailed in the annexure, hereinafter referred to as "Leased.
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. Rent and Deposit
a. The lease in respect of the "Leased Premises" commenced from 01st September 2022 and
shall terminate on 01st August 2023 ( for a period of 11 months ). Thereafter, the lease may
be extended further on mutual consent of both the parties.
b. The Tenant shall pay the Landlord a monthly rent of ₹ 30,000/- (Rupees Thirty Thousand
only). The rent shall be paid on or before day 5 of each English Calendar Month.
c. The Tenant has paid the Landlord an interest-free, refundable, security deposit of
₹2,00,000/- (Rupees Two Lakh only). The deposit amount is paid by Cash
2. Maintenance, Electnicity and water wnarges
a. The Tenant shall pay to the Landlord a monthly maintenance charge of ₹1,300/-(Rupees
One Thousand Three Hundred only) towards Maintenance of the "Leased Premises
b. During the lease period, in addition to the monthly rent payable to the Landlord, the
Tenant shall pay for the use of electricity & water as per bills received from the authorities
concerned directly.
c. It is the responsibility of the Landlord to pay and clear all the dues of electricity bills &
water bills according to the readings on the respective meters till the date the possession of
the premises is handed over by the Landlord to the Tenant.
d. And it is the responsibility of the Tenant to pay the same up to the date of vacating the
property at the time of handing over possession of the premises back to the Landlord.
3. Damages, Repairs and Alterations
a. All the sanitary, electrical and other fittings and fixtures and appliances in the premises
shall be handed over from the Landlord to the Tenant in good working condition. There will
be a 3 week maintenance period after the possession of Tenant. If during these 3 weeks any
defect in the same is identified & duly notified, the Landlord shall be responsible to repair/
replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and
other fittings and fixtures shall be restored by the Tenant to a good condition as they are at
present, subject to normal wear and tear or damage by acts of God
b. The day-to-day minor repairs such as leakage in the sanitary fittings, water taps and
electrical usage etc, will be the responsibility of the Tenant at own expense, However, any
structural or major repairs, if so required, shall be carried out by the Landlord.
c. The Landlord shall hold the right to visit in person or authorized agents, servants,
workmen etc., to enter the Leased Premises for inspection (not exceeding once in a month)
or to carry out repairs/construction, as and when required, by giving a 24 hours notice to the
Tenant.
d. No structural additions or alterations shall be made by the Tenant in the premises without
the prior written consent from the Landlord. On termination of the tenancy or earlier, the
Tenant shall restore the changes made, if any, to the original state.
e. The Landlord represents that the Leased Premises is free from all construction defects
such as leakage cracks in house walls including that of compound walls, breakage of floor
tiles, etc.
4. Tenant's Responsibilities
The Tenant hereby assures to the covenants with the Landlord that:
a. The Tenant shall not sublet, assign or part with the Leased Premises in whole or part
thereof to any person under any circumstance whatsoever and the same shall be used for
the bonafide residential purposes of the Tenant and family and guests.
b. The Tenant will keep the Landlord free of harm and free from all losses, damage, liability
or expense due to acts or neglects of the Tenant or his visitors whether in the leased
premises or elsewhere in the building or its approaches.
c. The Tenant shall maintain the Leased Premises in good and tenable condition. The Tenant
shall hand over the vacant and peaceful possession of the Leased Premises on termination of
the lease period, in the same condition subject to natural wear and tear.
d. Late Payment Fine-If the Tenant fails to pay the ron on the fixed date of payment, he shall
be liable to pay a fine at the rate of 1000/-, Rupees.
5. Landlord's Responsibilities
The Landlord hereby to the covenants with the Tenant that:
a. The Tenant, abiding by the terms of the lease, shall be entitled to peacefully and quietly
hold and enjoy the Leased Premises during the period of this lease, free of any interference
from the Landlord.
b. The Landlord shall indemnify the Tenant against all damages, costs and expenses incurred
by the Tenant as a result of any defect in the title of the Landlord which disturbs the
possession and enjoyment of the Leased Premises by the Tenant under the covenants herein
before contained,
c. The Landlord shall acknowledge and give valid receipts for each and every payment made
by the Tenant to the Landlord.
d. The Landlord represents that he has complied with all the statutory payments of the
property including that of taxes, penalties, electric charges, water charges etc if any. The
Landlord also represents that there is no Charge including mortgage due existing on the
Leased Premises which would affect the peaceful possession by the Tenant of the Leased
Premises.
6. Lease Termination & Extension
a. Notice Period - The lease shall terminate at the end of the lease period as referred above
or by a prior notice of 1 month by either parties, after the lock-in period, if any
b. Percentage increase in Rent -The lease may be extended further on termination by both
parties on mutual consent with 5% increase in the monthly rent.
c. Non-Payment of Rent - If the Tenant fails to pay the monthly rent for a continuous period
of two months, or if the Tenant fails to abide by any of the covenants above, the Landlord
may terminate the lease.
d. If the Tenant cannot use the premises or any part thereof for residential purposes because
of natural calamities or any commotions, or is acquired by any Government authority, the
Tenant shall have the right to terminate the lease forthwith and vacate the premises and the
Landlord shall refund the deposits and advance payments to the Tenant.
e. In the event the Landlord sells, transfers or alienates the leased premises or any part
thereof or its right, title and interest, then the Landlord shall terminate the lease after giving
two months notice to the Tenant.
ANNEXURE
The list of fixtures, fittings and utilities that shall be provided along with the rental premise
is given in the list below.
1. Furniture 1. Appliances 1. Fittings
2. Wardrobe -4 2. Geyser - 4 2. Ceiling Fans - 6
3. TV shelf 3. Bulbs -10
4. Sofa 4. Tubelights -5
5. Dining Table 5. Fancy Lights - 10
6. Exhaust Fans -2
7. Wash Basin -5
IN WITNESS WHEREOF the parties hereto have executed these presents the day and the
year first hereinabove written.
Landlord Tenant
WITNESSES (Provide name, address, phone number, signature and date for each witness)
