THIS DEED OF LEASE made on this 15th day of NOVEMBER 2024, at

Delhi residing at …….

hereinafter referred to as the “Lessor” (which term shall mean and include
wherever the context so requires or admits his/their heirs, successors,
administrators, executors, attorneys and assigns) of the One part;
AND
__ANIL_________ residing at _______ hereinafter referred to as the “Lessee”
(which term shall mean and include wherever the context admits or requires
its legal heirs, successors, administrators and assigns) of the Other Part,
witnesseth as follows:
WHEREAS, the Lessor is the owner of the building bearing No. ____
delhi_____________________________________.
●​ WHEREAS, the Ground floor of the above said building, measuring about
____120_________ sq.Yds. (Carpet area) in the said building, more fully
described in the schedule hereto and hereinafter called the “Said Premises,”
was/were vacant and ready for occupation. The Lessee, being in need of
accommodation for its use and occupation, approached and requested the
Lessor/s to grant a lease in its favour in respect of the “Said Premises,” and
both parties now desire to reduce the terms into writing. The Lessor agreed to
grant the lease in favour of the Lessee in respect of the “Said Premises.” It is
now hereby agreed as follows:
1.​ This lease, for the purposes of payment of rent and period of lease, shall be
deemed to have commenced from 15.11.2024.

2.​ This lease shall be in force for a period of years starting from 15.11.2024
ending on 15.11.2029 The lessor shall be prohibited from vacating or
interfering with the Lessee’s possession and use of the premises for the
duration of the lease term
3.​ The Lessee shall pay to the Lessor in respect of the “said premises” an yearly
rental of Rs.1,44,000/-(Rupees One Lakh and Forty Four Thousand only) for
the prescribed period of lease, payable at the end of each year and the rent
will get increased at the rate of 6.5% p.a on first year rent payable i.e 6.5% of
1,44,000/- that amounts to 9360/- (Rs. Nine Thousand Three Hundred and
Sixty only) .
4.​ The rent shall increase in accordance with an intrest rate of 6.5%
The rent for the period of 15.11.2024 to 15.11.2025 will be 1,44,000 Which
will increased to 1,53,360 INR for the period of 15.11.2025 to 15.11.2026 And
in the period of 15.11.2026 to 15.11.2027 it will be 1,62,720. In period of
15.11.2027 to 15.11.2028 it will be 1,72,080. In period of 15.11.2028 to
15.11.2029 it will be 1,81,440

5.​ The Lessee has paid to the Lessor a sum of Rs. 36,000/- only, being three
months advance rent starting from 15th Nov, 2024 in respect of the “said
premises” as deposit of rent to be adjusted towards the rent for the next month
of the tenancy.

6.​ The payment of all taxes, rates, cess and other levies, including penalties, if
any, charged thereon in respect of the “said premises,” such as
Corporation/Municipal/Panchayat Tax, Urban Land Tax, etc., due to the State
Government, Central Government or other local or civic authorities, including
enhancements and new introductions, shall be to the account of the Lessor.
The Lessee shall be at liberty to pay the above tax, rate or cess or other levy
including penalties, if any, charged thereon in case of default or delay by the
Lessor and adjust the amount so paid together, with interest and other
incidental expenses from out of rents in respect of the “said premises”
becoming due immediately after the said payment or demand reimbursement
or may be adjusted from the monthly rent of the premises of all such amounts,
costs, expenses, etc., with interest @ 6% per annum from the date of such
 payments until realisation by the Lessee. Service tax (if applicable) will also be
borne and paid by the Lessor (landlord).

7.​ The Lessor shall, at his/her own cost, carry out all repairs including periodical
painting of the “said premises.” The periodicity of such painting will be once in
3 years. If the Lessor fails to carry out such repairs, including periodical
whitewashing and painting, the Lessee may call upon the Lessor in writing to
do the same within one month from the date of receipt of such request. If the
Lessor fails to carry out the same within that time, the Lessee shall be at
liberty to get it done and adjust the amount spent or expended on such
repairs, etc., with interest @ 6 % per annum towards the rent payable to the
Lessor or the Lessee shall have the right to recover the same from the Lessor.

8.​ The Lessee shall be at liberty to use the premises for any lawful use such as
grocery shop, retail shop/wholesale etc. and carry out any such activity within
the premises.

9.​ The Lessee may obtain the legally required certificates and other government
and local bodies prescribed documents/certificates such as GST Certificate
etc. by giving/using address of the said premises and the Lessor shall have no
objection in that respect.

10.​ The Lessee shall have the right to utilise the leased premises or part
thereof for any of their various needs.

The Lessor shall grant all rights of way, water, air, light and privy and other
easements appertaining to the “said premises.”

The Lessor has no objection to the Lessee installing exclusive

generator/invertor sets for the use of the Office, whether such
generator/invertor sets are owned by the Lessee or taken on hire by a Third
 Party for the exclusive use of the Lessee. Further, the Lessor agrees to
provide suitable space with proper enclosures for the installation of the
generator set free of cost.

11.​ The Lease period has been decided to be of Five Years and the Lessor can
not dispossess the Lessee from the said premises before the expiry of the
lease period. If the Lessor dispossess the Lessee from the said premises
before expiry of the lease tenure, he/she shall be liable to pay Rs.10 Lakhs as
damage/compensation amount to the Lessee within 2 months from the date of
dispossession.

11.The Lessee shall have exclusive rights to the parking space for parking the
vehicles of staff members and customers of the Lessee and the same shall
not be disturbed, obstructed or encroached upon in any manner by any
persons whatsoever.

12.The Lessee shall have the absolute & exclusive right to use the entire space in
the “said premises” both outside and inside for making full use of frontages and
the side walls in displaying the Lessee’s signboards, advertisements without
any additional charges to the exclusion of third parties. If anybody causes any
intrusion, trespass or encroachment restricting the peaceful enjoyment of the
Lessee over the space which is specifically meant for usage of the Lessee, the
Lessor on receipt of such Notice from the Lessee shall take all possible legal
actions against such violations, including criminal action, if necessary. If the
Lessor fails to take legal recourse to remove such intrusions, trespass or
encroachments within one month from the date of receipt of such Notice from
the Lessee, the Lessee shall be at liberty to take legal action against the
violators and recover the cost/expenses incurred for such removal out of the
rent payable to the Lessor or from any other monies payable to the Lessor.
13.The First Party has no objection to the Second Party installing a V-SAT
antenna/Wifi/Cameras/Dish Tv etc. in the said premises at any time without
additional rent (free of cost) to the First Party.

14.The Lessee shall have the right to remove at the time of vacating the “said
premises” all electrical fittings and fixtures, counters, safes, strong room doors,
partitions and all other furniture and equipment/s put up by it.

15.​The Lessee shall be liable to pay all charges for electricity and water actually
consumed by the Lessee during the occupation and calculated as per the
readings recorded by the respective meters having CA No. installed in
the “said premises.”

16.​The Lessee shall not make any structural alterations to the building without the
information and permission of the Lessor. However, the Lessee is at liberty and
no permission of the Lessor is required for fixing wooden partitions, cabins,
counters, false ceiling and other office furniture, fixtures, electrical fittings, iron
bar welding, air-conditioners, exhaust fans and other fittings and office gensets,
etc., as per the needs and requirements of the Lessee and/or make such other
additions and alterations on the premises which will not affect the permanent
structure.

17.​The Lessee shall hand over possession of the “said premises” to the Lessor on
the expiry of the period of lease fixed herein or on the expiry of the period of
option should the Lessee avail itself of the same and in the same state and
condition as on the date of occupation but subject to natural wear and tear due
to ordinary use and lapse of time.
SCHEDULE OF THE PROPERTY
EAST: PLOT OF ​ ​ ​ ​ ​ ​ WEST: FIRNI ROAD
NORTH: PLOT OF ​ ​ ​ ​ ​ SOUTH: PLOT OF
In witness whereof the parties hereto have set their hands hereunto in full
agreement of the terms and conditions set forth herein above the day and
year hereinbefore first mentioned.
WITNESSES
(1).

(2).

LESSOR​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LESSEE