MEMORANDUM OF UNDERSTANDING (MOU)
This Memorandum of Understanding (MOU) is made and executed on this ___
day of February 2025 at Hyderabad, by and between:
FIRST PARTY:
Sri G. Amarnath Reddy,
(S/o Late G. Sidda Reddy),
Aged 65 years,
Residing at: Flat No. 211, Magans Lake View Apartments, Khanamet, Kondapur, Hyderabad -
500084.
(Hereinafter referred to as the "First Party", which term shall include his legal heirs,
successors, administrators, and assigns.)
SECOND PARTY (Facilitators):
1. D. Prapanna Sri Karunakaram Venkatanatha Simhayaji
(S/o Desai Venkata Ramana Rao)
Address: Door No. 18-35-S4-156, Ground Floor, Kanthamma Nilayam,
Ramachandra Nagar, Tirupati (Town & Urban Mandal & District) - 517501.
Aadhar No.: 6455 7369 0200
2. Cherlopalli Adinarayana
(S/o Late Chinnabba)
Address: House No. 32-791, 1st Floor, HAL Colony,
Gajularamaram (V), Qutbullapur (M),
Medchal-Malkajgiri District, Telangana - 500055.
(Hereinafter referred to as the "Second Party" or "Facilitators", which term shall include
their legal heirs, successors, administrators, and assigns.)
WHEREAS:
1. The First Party is engaged in land-related Development Agreements (JDA) and
financial transactions related to land.
2. The Second Party (Facilitators) has played a crucial role in assisting and coordinating
the execution of these agreements.
3. As compensation for their facilitation, the First Party agrees to pay 20% of any future
proceeds related to the land transactions to the Second Party (Facilitators).
TERMS & CONDITIONS
1. Facilitation Fee (20% Share):
The First Party shall pay 20% of any amount received from the Development
Agreement (JDA), land sale, or any other related financial transactions to the
Second Party (Facilitators).
The payment shall be made immediately upon receipt of the funds by the First
Party.
2. Responsibilities of the Second Party (Facilitators):
Assisting in legal, regulatory, and transactional matters related to the land.
Coordinating with relevant authorities and stakeholders.
Ensuring the successful execution of agreements related to the concerned property.
3. Jurisdiction & Dispute Resolution:
Any disputes arising from this agreement shall first be attempted to be resolved
amicably between both parties.
If an amicable resolution is not reached, disputes shall be referred to arbitration as
per the Arbitration and Conciliation Act, 1996, or settled in a court of law in
Hyderabad.
SCHEDULE OF PROPERTY
Schedule - A
Survey No.: 43, Extent: 12.00 Acres,
Location: Khanamet Village, Serilingampally Mandal, Ranga Reddy District.
Boundaries:
North: __________
South: __________
East: __________
West: __________
Schedule - B
Survey No.: 44, Extent: 4.16 Acres.
Boundaries:
North: __________
South: __________
East: __________
West: __________
Schedule - C
Survey No.: 47, Extent: 4.18 Acres.
Boundaries:
North: __________
South: __________
East: __________
West: __________
Schedule - D
Survey No.: 48, Extent: 3.18 Acres.
Boundaries:
North: __________
South: __________
East: __________
West: __________
Schedule - E
Survey No.: 49, Extent: 10.39 Acres.
Boundaries:
North: __________
South: __________
East: __________
West: __________
SIGNATURES & EXECUTION
In witness whereof, both parties have mutually agreed to the terms and conditions and have
signed this Memorandum of Understanding (MOU) on the date, month, and year first
mentioned above.
WITNESSES:
1.
2.
First Party:
( Sri G. Amarnath Reddy )
Signature: ______________________
Second Party (Facilitators):
( Sri D. Prapanna Sri Karunakaram VenkatanathaSimhayaji)
Signature: ______________________
( Sri Cherlopalli Adinarayana )
Signature: ______________________
