RENTAL AGREEMENT
This Agreement is made and executed on this the 19th day of December
2024 at Hyderabad, Telangana, by and between:
Ms. KAVYA NANJU D/o NANJU KALYAN BABU, aged about 21 years,
Owner of Plot no 138, Prashanthi Hills, Meerpet, Rangareddy, Telangana-
500097.
(Hereinafter called the “OWNER” which term shall mean and include all
his/her heirs, successors, legal representatives, administrators, and assigns
on the ONE PART).
IN FAVOUR OF
Mr. S. CHANDRADEEP S/o S SUGUNAKAR RAO, aged about 29 years,
Occ: Private Employee, resident of Plot no 138, Prashanthi Hills, Meerpet,
Rangareddy, Telangana-500097.
(Hereinafter called the “TENANT” which term shall mean and include all
his/her/their heirs, successors, legal representatives, administrators and
assigns on the OTHER PART).
WHEREAS the above named LANDLORD is the absolute OWNER and
peaceful possessors of premises bearing resident of Plot no 138,
Prashanthi Hills, Meerpet, Rangareddy, Telangana-500097.
WHEREAS TENANT has approached the OWNER and requested to let-out
the said House/Flat on monthly rent of Rs.66,667/- (Rupees Sixty Six
Thousand Six Hundred and Sixty Only) and the OWNER has agreed to let-
out the said premises on monthly rent basis on the following terms and
conditions.
NOW THIS RENTAL AGREEMENT WITNESS AS UNDER
1. That the Tenancy commencing from 1st day of April 2024 and it is
valid for a period of 12 months.
2. That the TENANT shall pay monthly an amount of Rs.66,667/-
(Rupees Sixty Six Thousand Six Hundred and Sixty Only) towards
rent which shall be paid in advance on or before 5th of every English
Calendar Month without arrears to be accumulated.
3. That the TENANT has paid an amount Rs.1,00,000/- (Rupees One
Lakh Only) as security deposit. The security deposit shall not carry
any interest and is refundable at the time of vacating the said
premises after deducting any dues, arrears of rent, electricity,
damages/repairs if any etc.
4. That the above mentioned rent is excluding Electricity charges or any
statutory charges which shall be paid by the TENANT and handover
the bills to the OWNER.
5. That the TENANT shall not sub-let the said premises to any other
person or persons without written consent of the OWNER.
6. That the TENANT shall keep the let-out property in neat and clean
condition without any wastage and damages to the fittings & fixtures,
and the TENANT shall not make any alterations without written
permission of the OWNER and return the house/flat in as it is
condition.
7. That the TENANT shall use the said premises for Residential Purpose
only and shall not use for any other purpose without written consent
of the OWNER.
8. That the TENANT shall allow the OWNER or his authorized agent for
inspection of the Premises at reasonable hours.
9. Both the parties must serve Two (02) Months prior notice for the
termination of this rental agreement.
10. That the TENANT shall not make any nuisance/annoyance in the let
out property and shall not cause any disturbances to the
neighbours/other residents at the premises.
11. That the OWNER shall pay the Municipal Tax /House Tax or any
other taxes to the concerned officials.
12. That this rental agreement may be further extended with mutual
consent of both the parties subject to the conditions.
IN WITNESS WHERE OF the TENANT & OWNER have signed this Rental
Agreement with their own will on this the day, month and year first
mentioned above in the presence of the following witness:-
WITNESSES:
1. OWNER
2.
TENANT
