ABSOLUTE AGREEMENT OF SALE

THIS AGREEMENT OF SALE is made and executed on Twenty-Second Day of JUNE, Two
thousand and twenty-five. (22-06-2025) at Bangalore:

BY:
SELLERS
Hereinafter called the “SELLER” of the ONE PART IN FAVOUR OF:

IN FAVOUR OF:

BUYERS

Hereinafter referred to as the “PURCHASERS” of the OTHER PART-

WHEREAS the expressions SELLER and PURCHASERS unless inconsistent with or

repugnant to the context shall mean and include their respective legal heirs, legal
representatives, successors, executors, administrators, assigns etc.

WITNESSETH:

WHEREAS the SELLER is the absolute owner in peaceful possession and enjoyment
of the 3 BHK Residential Apartment Flat Bearing No.G0641, Tower G, Block R01,
Fifth Floor, with super built-up area of 1724 Sq. Ft., having living & dining room, three
bedrooms, Kitchen Balcony and Utility fitting along with Two covered car parking area in
the building known as “Republic of Whitefield” more fully described in the
Schedule C of the said property, constructed on Sy Nos. 49/1, 49/2, 57(P), 78(P)
and 95 situated at Kundalahalli Village, K.R.Puram Hobli, Bangalore East Taluk morefully
described in Schedule A of the said property along with 519.23 Sq.Ft. undivided right,
share, title and interest in the land (Schedule A) on which apartment is constructed
morefully described in the Schedule B of the said Property for the sake of brevity.

Whereas Seller has purchased the Schedule B & C Property through a Sale
Deed dated 07-09-2018 registered as Document No.MDP-1-05705-2018-19, Book
–I, Stored in CD No.MDPD246 at the office of the Sub-Registrar, Mahadevapura,
Bangalore from
a) Mrs V Lakshmamma, W/o. late R Narayana Reddy, Mr N Venkatesh, S/o. Mrs
Lakshmamma, Mr V Kodanda Reddy S/o. Mr Venkataswamy Reddy, Mrs
Vedavathy W/o. Mr Kodanda Reddy represented by their duly constituted
General Power of Attorney Holder Shyamaraju & Co (India) Private Limited,
represented by its authorized signatory Mr. P Santosh Kumar Reddy, under
General Power of Attorney dated 25 March 2005, registered as document No
 10/2005-06, Book N, stored in CD No KRID 129 at the office of the Senior Sub-
Registrar, KR Puram, Bangalore.

b) Mrs Saraswathamma W/o. Mr. M R Muni Reddy, Mrs M Sudha D/o. Mr M R Muni
Reddy, Mrs Manjula D/o. Mr. M R Muni Reddy, Mr Rama Reddy S/o. Mr M R Muni
Reddy, Ms Shobha D/o. Mr M R Muni Reddy, Mr Bhuvanander Reddy S/o. Mr M R
Munni Reddy represented by their duly constituted General Power of Attorney
Holder Shyamaraju & Co (India) Private Limited, represented by its authorized
signatory Mr. P Santosh Kumar Reddy, under General Power of Attorney dated
21 March 2005, registered as document No 824/2004-05, Book IV, stored in CD
No KRID 124 at the office of the Senior Sub-Registrar, K R Puram, Bangalore.

c) Shyamaraju & Co (India) Private Limited, a company incorporated under the

Companies Act, 1956 and having its registered office at Wing A, Divyasree
Chambers No 11, O' Shaugnessy Road, Bangalore 560 025, represented by its
authorized signatory, Mr. P Santosh Kumar Reddy hereinafter referred as
Developer for the sake of brevity,

WHEREAS, Mrs V Lakshmamma, W/o. late R Narayana Reddy, Mr N Venkatesh, S/o. Mrs
Lakshmamma, Mr V Kodanda Reddy S/o. Mr Venkataswamy Reddy, Mrs Vedavathy W/o. Mr
Kodanda Reddy were the absolute owners of all that piece and parcel of following
immovable properties bearing:
1. (a) Survey No 36/2 measuring 35 guntas, (b) Survey No 36/3 measuring 1 acre
33 guntas, (c) Survey No 37 measuring 5 acres 14 guntas, (d) Survey No 44/1
measuring 32 guntas, (e) Survey No 45/1 measuring 25 guntas, (f) Survey No
45/1 measuring 33 guntas, (g) Survey No 45/1 measuring 38 guntas and 1 gunta
kharab, (h) Survey No 45/2 measuring 1 acre 36 guntas and 3 guntas kharab, (i)
Survey No 45/3 measuring 22 guntas and 1 guntas kharab, G) Survey No 45/4
measuring 25 guntas and 1 gunta kharab, (k) Surver No 46 measuring 4 acres 1
gunta, (1) Survey No 47/1 measuring 2 acres and 3 guntas kharab, (m) Survey
No 47/2 measuring 1 acre 3 guntas, (n) Survey No 47/3 measuring 39 guntas, (o)
Survey No 48 measuring 1 acre 10 guntas, (p) Survey No 136 measuring 3 acres
32 guntas, in all measuring 27 acres 18 guntas (including 4 Guntas Kharab) and
9 Guntas Kharab situated at Kundalahalli Village, K R Puram Hobli, Bangalore
East Taluk ("Part Al Land"). The Mrs V Lakshmamma, W/o. late R Narayana
 Reddy have retained a portion of the Part lA Land measuring 1 acre 19 guntas
and therefore, the extent offered for development is 25 acres 39 guntas; and

2. (a) Survey No 49/1 measuring I acre 18 guntas, (b) Survey No 49/2 measuring 2
acres, (c) Survey No 50/2 measuring 1 acre 38 guntas, (d) Survey No 51/1
measuring 38 guntas, (e) Survey No 51/2 measuring 31 guntas, (f) Survey No
51/4 measuring 1 acre, (g) Survey No 56/1 measuring I acre 12 guntas, (h)
Survey No 56/2 measuring 7 guntas, (i) Survey No 57 measuring 5 acres 4
guntas, G) Survey No 78 measuring 2 acres 15 guntas, (k) Survey No 96
measuring 2 acres 22.5 guntas, and (1) Survey No 137 measuring 2 acres 18
guntas, in all measuring 22 acres 3½ guntas (including 5 Guntas K.harab)
situated at Kundalahalli Village, KR Puram Hobli, Bangalore East Taluk ("Part 1B
Land").
These properties i.e Part Al Land and Part 1B Land together are hereinafter referred to as
the "Larger Property l " for the sake of brevity;

WHEREAS, Mrs Saraswathamma W/o. Mr. M R Muni Reddy, Mrs M Sudha D/o. Mr M R Muni
Reddy, Mrs Manjula D/o. Mr. M R Muni Reddy, Mr Rama Reddy S/o. Mr M R Muni Reddy, Ms
Shobha D/o. Mr M R Muni Reddy, Mr Bhuvanander Reddy S/o. Mr M R Munni Reddy were the
absolute owners of all that piece and parcel of immovable properties bearing:
1. (a) Survey No 38 measuring 1 acre 3 guntas, (b) Survey No 42/1 measuring 2
acres 10 guntas, (c) Survey No 42/3 measuring 5 guntas and 1 gunta kharab, (d)
Survey No 43/2.measuring 19 guntas, (e) Survey No 44/1 measuring I acre 18
guntas, (f) Survey No 44/2 measuring 27 guntas, (g) Survey No 44/4 measuring 1
acre 2 guntas, (h) Survey No 136 measuring 2 acres 20 guntas, in all measuring
9 acres 24 guntas, situated at Kundalahalli Village, K R Puram Hobli, Bangalore
East Taluk ("Part 2A Land"); and
2 (a) Survey No 94 measuring 1 acre 25 guntas, (b) Survey No 95 measuring 1 acre
32 guntas, (c) Survey No 96 measuring 2 acres 30.5 guntas, (d) Survey No 97 /1
measuring 16 guntas and 1 gunta kharab, (e) Survey No 97 /2 measuring 18 guntas,
(f) Survey No 97/3 measuring 14 guntas and 1 gunta kharab, (g) Survey No. 100/1
measuring 14 guntas, (h) Survey No. 100/2 measuring 14 guntas, Survey No. 100/3
measuring 15 Guntas and 1 gunta kharab and (j) Survey No 137 measuring _ 2
acres 18 guntas and Survey No measuring 10 guntas, aggregating 11 acres 6½
guntas, situated at Kundalahalli Village, KR Puram Hobli, Bangalore East Taluk. The
SELLER No. I have retained ownership of portion of land measuring 1 Acre in land
 bearing Survey No. 100/1, 100/2 and 100/3 out of the aforesaid land and have
offered development of 10 Acres 6½ guntas comprised in aforesaid survey numbers
("Part 2B Land").
The properties Part 2A Land and Part 2B Land together hereinafter referred to as the
"Larger Property 2";

WHEREAS, Developer was the absolute owner of all that piece and parcel of immovable
properties bearing (a) Survey No 43/3 measuring 32 guntas, (b) Survey No 44/3 measuring
5 guntas, and (c) Survey No 95 measuring 3 acres 32 guntas, totally measuring 4 acres 35
guntas situated at Kundalahalli Village, K R Puram Hobli, Bangalore East Taluk. ("Part 3
Land"), having acquired title thereto vide sale deed dated 9 May 2014 registered as
Document No INR-1-01164-2014-15, Book I, stored in CD No INRD101 in the office of the
Sub-Registrar, Indiranagar, Bangalore.
The properties owned by the Developer are hereinafter referred to as the "Larger Property
3".

The Larger Property 1, the Larger Property 2 and the Larger Property 3 admeasuring 72
acres 28 guntas (including 11 guntas of converted kharab land and 9 Guntas of
Unconverted Kharab Land) and about 12 Guntas of Kharab Land, which forms contiguous
block are hereinafter collectively referred to as the "Larger Property'';

WHEREAS, owners of the Larger Property 1 i.e Mrs V Lakshmamma, W/o. late R Narayana
Reddy, Mr N Venkatesh, S/o. Mrs Lakshmamma, Mr V Kodanda Reddy S/o. Mr
Venkataswamy Reddy, Mrs Vedavathy W/o. Mr Kodanda Reddy executed a Development
Agreement dated 25 March 2005, registered as Document No 331/2005-06, Book I, stored
in CD No KRID 129 at the office of the Senior Sub-Registrar, KR Puram in favour of
Developer authorizing to undertake development and construction in respect of the Larger
Property I;

WHEREAS, owners of Larger Property 2 i.e Mrs Saraswathamma W/o. Mr. M R Muni Reddy,
Mrs M Sudha D/o. Mr M R Muni Reddy, Mrs Manjula D/o. Mr. M R Muni Reddy, Mr Rama
Reddy S/o. Mr M R Muni Reddy, Ms Shobha D/o. Mr M R Muni Reddy, Mr Bhuvanander
Reddy S/o. Mr M R Munni Reddy executed a Development Agreement dated 21 March
2005, registered as Document No 35407/2004-05, Book I, stored in CD No KRID 124 at the
office of the Senior Sub-Registrar, KR Puram in favour of the Developer authorizing to
undertake development and construction in respect of the Larger Property 2.
WHEREAS, Late Mr M R Muni Reddy, husband of Mrs Saraswathamma and father of Mrs M
Sudha, Mrs Manjula, Mr Rama Reddy, Ms Shobha, Mr Bhuvanander Reddy was also
signatory to the aforesaid Development Agreement in relation to the Larger Property 2.
Subsequently, Mr M R Muni Reddy passed away on 30 August 2017 and upon his demise,
all his legal heirs wife and children, who were also signatories to the Development
Agreement dated 21 March 2005 continue to represent the interest of late Mr M R Muni
Reddy. Development Agreements executed by the Owners of the Larger Property 1 and
the Owners of the Larger Property 2 in favour of Developer are hereinafter collectively
referred to as the "Development Agreements". Developer being the sole and absolute
owner of the Larger Property 3, which is contiguous with the Larger Property 1 and Larger
Property 2, is authorized to develop the same at its discretion by clubbing the same with
the entire extent of the Larger Property;

WHEREAS, The Developer is intended to develop the Larger Property by constructing

thereon mixed development comprising residential, commercial and industrial complex in
phases, which includes roads and common facilities, which are common for the entire
integrated ·complex or reserved exclusively for certain areas or occupiers (the "Integrated
Complex");

The Owners of the Larger Property 1 executed a General Power of Attorney dated 25
March 2005, registered as document No 10/2005-06, Book N, stored in CD No KRID 129
and the Owners of the Larger Property 2 executed a General Power of Attorney dated 21
March 2005, registered as document No 824/2004-05, Book N, stored in CD No KRID 124,
both registered at the office of the Senior Sub-Registrar, K R Puram, Bangalore authorizing
Developer to undertake development and construction of the Integrated Complex on the
Larger Property 1 and Larger Property 2 respectively and further to execute any
documents for transfer of the Developer's Share and to receive the sale consideration in
respect thereof;

WHEREAS, Mrs V Lakshmamma, Mr N Venkatesh Reddy, Mr V Kodanda Reddy, Mrs N

Vedavathy and the Developer entered into a Partnership Deed on 20 October 2008,
constituting a partnership by the name and style of M/s Sri Channakeshava Techpark, in
terms of which the Owners of the Larger Property 1 contributed their license rights in the
Larger Property 1 for the purpose of securing co-developer status under the SEZ Rules as
their capital contribution and the Developer contributed its development rights in relation
to the Larger Property 1 as its share of capital contribution to the said partnership;

WHEREAS, Mr M R Muni Reddy, Mrs Saraswathamma, Mrs M Sudha, Mrs Manjula, Mr Rama
Reddy, Ms Shobha and Mr Bhuvanander Reddy and the Developer entered into a
Partnership Deed on 10 November 2008, constituting a partnership by the name and style
of Mis M R S Techpark, in terms of which the Owners of the Larger Property 1 contributed
their license rights in the Larger Property 2 for the purpose of securing co-developer status
under the SEZ Rules as their capital contribution and the Developer contributed its
development rights in relation to the Larger Property 2 as its share of capital contribution
to the said partnership;

WHEREAS, previous owners of Larger Property intended to develop a sector specific

Special Economic Zone (“SEZ") for information technology/information technology enabled
services ("IT/ITES") in the Larger Property and accordingly, the Developer obtained
necessary approvals from the SEZ Commissioner. The Developer also obtained a
consolidated khata for the said property. The final approval for setting up of the IT/ITES
SEZ, in land measuring 53 acres 31.06 guntas forming portion of the Larger Property, was
notified vide Gazette Notification dated 16 October 2006. However, subsequently, the said
parties decided to undertake development of residential units in a portion of the Larger
Property, which was notified for SEZ development, and the Developer made necessary
application for de-notification of 8.56 hectares (corresponding to 21 acres and 5.94
guntas) out of the said extent. The SEZ Board of Approval in its meeting held on 23
November 2012 approved the proposal for de-notification of 8.56 hectares;

WHEREAS, in terms of the Development Agreement executed with the Owners of the
Larger Property 1, as subsequently rectified, the Owners of the Larger Property 1 and Sri
Chennakeshava Techpark shall be entitled to allocation of 6,68,538 square feet super
built-up area in the SEZ development of the Integrated Complex, along with proportionate
undivided right, title and interest in the underlying land. Similarly, in terms of the
Development Agreement executed with the Owners of the Larger Property 2 and M R S
Techpark, they shall be entitled to allocation of 4,71,854.15 square feet of super built-up
area in the SEZ development of the Integrated Complex, along with proportionate
undivided right, title and interest in the underlying land. The Developer, in fulfilment of the
obligations under the Development Agreements has constructed and handed over
possession of the Owners' Share to the Owners of the Larger Property 1 and Owners of the
Larger Property 2 and the partnership firms respectively. The Owners acknowledge that
they do not have any share or claim in respect of the development in the non-SEZ portion
in the Integrated Complex. Sri Chennakeshava Techpark and MRS Techpark have no right,
title or entitlement to the residential development in the Larger Property;

WHEREAS, Developer, upon obtaining the order of de-notification, proposed to develop

and construct residential apartments in the name and style of 'Republic of Whitefield' in a
portion of the Larger Property measuring 11 acres 31.5 guntas, comprised in Survey Nos
49/1 (measuring 9.76 guntas), 49/2 (measuring 2.22 guntas), 57(P) (measuring 4 acres
26.81 guntas), 78(P) (measuring 2 acres 5.25 guntas) and 95 (measuring 4 acres 27.46
guntas), having access to the main road from a common passage forming a part of the
Larger Property and over which Owners of the Larger Property 1 and Owners of the Larger
Property 2 and the Developer have agreed to provide permanent and irrevocable
easementary right of way, more fully described in the Schedule A hereunder and
hereinafter referred to as the "Schedule A Property". The Schedule A Property comprises a
contiguous block and after the de-notification from the SEZ, the said parcel is capable of
being developed for residential purpose. The Developer has nominated DivyaSree R.O.W.
Projects Private Limited, a company incorporated under the Companies Act, 2013, having
company identification number U70109KA2017PTC099746 (earlier known as DivyaSree
R.O.W. Projects LLP, a partnership firm constituted under the Limited Liability Partnership
Act, 2008) having its registered office at DivyaSree Chambers, 8th Floor, A Wing, No. 11,
Shaugness y Road, Bangalore ("Contractor") as the contractor for undertaking the
construction and development of the residential apartment buildings, together with the
clubhouse and amenities, in the project Republic of Whitefield constructed and developed
on the Schedule A Property. In view of the fact that the Owners of the Larger Property 1
and the Owners of the Larger Property 2 received all their entitlement for the built-up area
under the Development Agreements in the SEZ development and have no right in the
residential development in the Schedule A Property. The entire residential development in
Schedule A Property is the Developer's Share under the Development Agreements;

WHEREAS, The residential apartment complex under the name and style of 'Republic of
Whitefield' being constructed by the Developer on the Schedule A Property comprises of 4
blocks, viz., Block Rl, Block R2 and Block R3 consisting of 2BF+GF+l4UF (inclusive of
clubhouse in Block R3), and Block R4 consisting of 2BF+GF+ I 9UF, along with car parking
spaces, roads, internal driveways, Common Areas and Amenities and the Clubhouse are
together referred to as the "ROW Project";
WHEREAS, The Developer has obtained plan sanction for portion of land measuring 67
Acres 25 Guntas (including 13 guntas Kharab Land) out of the Larger Property from the
Bruhat Bangalore Mahanagara Palike ("BBMP") vide Sanction Letter dated 24 January 2014
and plan No JDTP/LP/107/2010-11 dated 20th January 2014, for construction of 4 blocks in
the ROW Project and has been subsequently modified vide plan sanction dated 2 I October
2016, wherein the BBMP has permitted modifications to the design of the existing Tower J,
forming part of Block R4 (collectively the "Approved Plan"). However, such modification
does not in any manner affect the right or entitlement of the Purchaser in relation to the
Schedule B Property or the Schedule C Property;

WHEREAS, as part of the ROW Project, the Developer has also agreed to provide the
Additional Amenities in a portion of the land adjoining the Schedule A Property ("Additional
Amenities Land"). However, the Purchaser shall not be entitled to any UDI in the Additional
Amenities Land and the purchasers of UDI in the Schedule A Property shall only have an
exclusive right to use such Additional Amenities, subject to applicable laws. In terms of the
Revised Master Plan 2015 issued by the Bangalore Development Authority ("BDA"), a road
is proposed to be formed in a portion of the Larger Property in terms of which, upon the
formation of such road, the Additional Amenities Land may be separated from the
Schedule A Property. The Developer shall endeavour to provide safe and secure access to
the Additional Amenities Land by way of an underpass or an over-bridge or any other
means as may be deemed appropriate, which shall be subject to the approvals as per
Applicable Law received from Competent Authority. The Additional Amenities Land may be
relinquished in favour of the BDA or any other Competent Authority, if so called upon to do
so and in such event the use of the Additional Amenities Land shall be subject to the
approval of the Competent Authority. It is further clarified that the Developer is not
obligated under any Applicable Law or otherwise to provide the additional amenities and
the same are subject to change and /or withdrawal at any time;

WHEREAS, The Developer has applied to the RERA Authority (as defined hereinafter) for
registration of the ROW Project as mandated under the RERA Act (as defined hereinafter)
and obtained Registration No (i) PR/KN/170731/598 for Phase I, (ii) PR/KN/170731/623 for
Phase II and (iii) PR/KN/170731/647 for Phase III;

WHEREAS, The scheme of development of the residential ROW Project formulated by the
Developer envisaged that persons interested in acquiring ownership to a residential
apartment in any of the blocks in the ROW Project, upon being nominated by the
Developer, were required to purchase proportionate undivided share in the Schedule A
Property ("UDP'), corresponding to the residential apartment being allocated to the
purchaser. Further, upon acquiring such UDI in the Schedule A Property, the prospective
purchaser shall have the right to have the identified residential apartment constructed
exclusively through the Contractor, who has been nominated by the Developer. Upon
completion of construction of the respective block / apartment building, the sale deed of
the UDI shall be executed in favour of the Purchaser, along with handing over of
possession of the identified residential apartment;

WHEREAS, The Anil Kumar Sharma being desirous of owning a residential apartment in the
Project, requested the Developer to nominate him for sale of undivided share in the
Schedule A Property as morefully described in Schedule B hereunder (“Schedule B
Property/Purchaser's UDI), corresponding to the residential apartment along with two
covered car parking spaces and which is inclusive of the proportionate share in common
areas having a Carpet Area of 1242.30 Sq Ft and Super Built-up Area of 1724 Sq Ft which
morefully described in the Schedule C hereunder ("Schedule C Property/Purchaser's
Apartment"). The residential apartment building wherein the Schedule C Apartment is
situated Tower G in Block R01 comprising of 2 basement+ground+14 upper floors and
terrace is hereinafter referred to as the "Building";

WHEREAS, Anil Kumar Sharma having scrutinized and being satisfied with the title of the
previous SELLERs to Schedule A Property being good and marketable, the Approved Plans,
having inspected the status of construction of the Schedule C Property, has requested for
conveyance of the Schedule B Property and agreed:
(i) to purchase from the previous SELLERs the Purchaser's UDI together with the right to
own and occupy the Schedule C Property; and
(ii) Entered into a Construction Agreement with the Contractor for securing construction of
the Schedule C Property.
(iii) to become entitled to (a) the exclusive use of Schedule C Property and (b) use of the
Common Areas and Common Amenities along with all other Purchasers of ROW Project.
(iv) On the terms and subject to the conditions contained in the Agreement to sell with the
SELLERs for Purchaser of the Schedule B Property.

Whereas thereafter the above said Owners of the Larger Property 1 and the owners of the
Larger Property 1 represented by their GPA holder Shyamaraju & Co (India) Private
Limited., represented by its authorized signatory Mr. P. Santosh Kumar Reddy and the
Developer i.e Shyamaraju & Co (India) Private Limited., represented by its authorized
signatory Mr. P. Santosh Kumar Reddy have sold a 3 BHK Premium Residential
Apartment Flat in Tower G, Block R01, Fifth Floor, with super built up area of 1724
sq.ft., Carpet Area 1242.30 Sq Ft along with 519.23 Sq Ft of undivided right, share
title and interest in the Schedule A Property having living & dining room, three bedrooms,
Kitchen Balcony and Utility fitting with two covered car parking spaces, in the building
known as “Republic Of Whitefield” to the Seller herein.

WHEREAS the SELLER in order to discharge some of his family commitments, and for other
legal necessities, has offered to sell the Schedule ‘B’ Property and Schedule ‘C’ Property
in favor of the PURCHASERS herein and the PURCHASERS for their bonafide use and
occupation have come forward and agreed to purchase Schedule ‘B’ Property and
Schedule ‘C’ Property free from all encumbrances for a sum of Rs 2,59,00,000/- Crores/-
(Rupees Two Crores and Fifty Nine Lakhs Only) includes two covered car parking
space and hence this AGREEMENT OF SALE.
NOW THIS AGREEMENT OF SALE WITNESSETH AS FOLLOWS:

1. The SELLER and the PURCHASERS have agreed that the sale price payable by the
PURCHASERS for the absolute sale of Schedule B & C Property free from all
encumbrances shall be Rs 2,59,00,000/- Crore/- (Rupees Two Crores and
Fifty-Nine Lakhs Only).

2. The PURCHASERS have paid a sum of Rs.9,00,000/- (Rupees Nine Lakhs Only)
to SELLER in following manner: -

as an advance consideration amount to the SELLER. The SELLER hereby acknowledges the
receipt of as advance forming part of the entire sale consideration.

3. The Seller and Purchasers agrees that Seller being NRI, the TDS amount applicable
for NRI shall be deducted from the sale consideration and deposited as per the
applicable income tax rules.

4. The Purchasers intend to avail loan of Rs.2,10,00,000/- (Rupees Two Crore Ten
Lakhs Lakhs Only) for the purpose of the schedule ‘B’ and ‘C’ property and the loan
amount will be paid at the time of registration.

5. The PURCHASERS undertake to pay the remaining sale consideration amount of Rs.
40,00,000/- (Rupees Forty Lakhs Only) before the registration of sale deed.

6. The parties have stipulated a period of 3 Months for the performance of their
mutual obligations from the date of this Sale Agreement. This period can be
extended based on the mutual understanding between the parties concerned.

7. THE SELLER undertakes to put the PURCHASERS in vacant possession of the

Schedule ‘B’ Property at the time of Registration of the Sale Deed.

8. The SELLER assures the PURCHASERS that they have a clear, valid and marketable
title in relation to the Schedule B & C Property and that there is no legal
impediment for the Absolute Sale of the Schedule B & C Property in favor of the
PURCHASERS herein.

9. The SELLER assures the PURCHASERS that the Schedule B & C Property is free from
all encumbrances such as Court Attachments, minor’s claim, maintenance claim,
charge, lien, Lis pendens etc.

10. The SELLER assures the PURCHASERS that they have paid up to date taxes in
relation to the Schedule B & C Property and undertake to indemnify the
PURCHASERS against any such payment/expenses.
11. The SELLER assures the PURCHASERS that all the society dues, electricity bill, gas
and water bills have been paid by the SELLER till date for the Schedule B & C
Property and will clear all dues till registration of sale deed.

12. The SELLER assures the PURCHASER to get NOC for all from apartment association
during registration of sale deed.

13. The SELLER assures the PURCHASERS that they have settled and closed all and any
bank loans with respect to the said Schedule B & C Property and there is no
outstanding loan on the said Schedule B & C property.

14. The SELLER undertakes to indemnify the PURCHASERS against any

loss/expense/damage the PURCHASERS may incur/suffer on account of defect in
title if any, of the SELLER, or arising from the claim of third parties, if any.

15. The SELLER assures the PURCHASERS that the Schedule B & C Property is their self-
acquired, personal and absolute property and that no member of his/her/their family
has any manner of claim, right, title, or interest over the same.

16. The SELLER undertakes to execute the Sale Deed either in the name of the
PURCHASERS herein, or their nominee/s.

17. The SELLER have this day delivered Xerox copies of all the documents relating to
the Schedule B & C Property and the SELLER undertake to handover the original
documents of title pertaining to the Schedule B & C Property at the time of
Registration of the Sale Deed to the PURCHASERS.

18. The SELLER shall handover all the documents including updated Encumbrance
certificate, Ekhata, the original documents to facilitate the Purchasers to seek Bank
Loan in their names from their Bankers for the purpose of Registration etc., The
SELLER shall execute necessary sale deed in favor of the Purchasers by duly
receiving the balance sale consideration amount.

19. If the SELLER make a default in completing the sale within the stipulated period or
in the event the SELLER violate any terms of this agreement, or if there is any
hidden defect found in the title, the Purchasers shall have a right to cancel the
agreement and have the right from SELLER the advance paid to them.

20. If Purchasers make default in completing the sale within stipulated period or
violates any terms of this agreement, the SELLER is at liberty to cancel this
agreement by claiming the advance payment from Purchasers.

21. The said agreement of sale is valid for 90 days from the date of signing of this
agreement and extendable based on the mutual consent of both the parties.

22. The parties herein are entitled to sue each other for specific performance of this
Agreement.
23. The expenses of Stamp Duty, Registration shall be borne by the PURCHASERS.

SCHEDULE ‘A’ PROPERTY

(PART - I)

(Description of property on which ROW Project is constructed)

All that piece and parcel of the immovable properties comprised in Sy.Nos.49/1 (9.76
guntas), 49/2 (2.22 guntas), 57(P) (4 acres 26.81 guntas), 78 (P) ( 2 acres 5.25 guntas)
and 95 (4 acres 27.46 guntas) in all measuring 11 acres 31.5 guntas, all converted for
non-agricultural residential purpose, Situated at Kundalahalli Village, K.R.Puram Hobli,
Bangalore East Taluk bearing BBMP Khatha No.1540 and forming part of the Larger
Property and bounded in common as follows:
East by : Remaining lands in the Larger Property and Private Property,
West by : Remaining lands in the Larger Property and Private property,
North by : Remaining lands in the Larger Property,
South by : Private property.
(PART – II)
(Details of lands forming common passage in respect of which easementary rights shall be
granted without any UDI)
All that piece and parcel of the immovable properties comprised in Sy.Nos.36/3 measuring
18.05 guntas, 37 measuring 22.33 guntas, 45/1 measuring 15.45 guntas, 45/2 measuring
19.44 guntas and 137 measuring 1 acre 9.4 guntas in all measuring 3 acres 4.67 gunta
situated at Kundalahalli Village, K.R.Puram Hobli, Bangalore East Taluk forming part of
Larger Property

[Note: Common Passage and land in respect of which easementary rights are granted do
not form part of Schedule A Property and No UDI therein is transferred in favour of
purchaser]

(PART – III)
(Details of Additional Amenities Land and in respect of which NO UDI is granted to the
PURCHASER)
All that piece and parcel of the immovable properties comprised in Sy.Nos.36/3 measuring
18.05 guntas, 37 measuring 22.33 guntas, 45/1 measuring 15.45 guntas, 45/2 measuring
19.44 guntas and 137 measuring 1 acre 9.4 guntas in all measuring 3 acres 4.67 gunta
situated at Kundalahalli Village, K.R.Puram Hobli, Bangalore East Taluk forming part of
Larger Property
SCHEDULE ‘B’ PROPERTY
(Description of the Undivided Interest agreed to be conveyed)
Extent of undivided share, right, title, interest in the Schedule A property, measuring as
519.23 sq feet.
SCHEDULE ‘C’ PROPERTY
(Description of the Apartment agreed to be constructed)
Three Bedroom Premium Apartment bearing No. G0641, Tower G, in the Block
R01, on the Fifh Floor, measuring 1724 sq feet of super built-up area, together with
vitrified and ceramic flooring, along with Two covered car parking, having living &
dining room, Kitchen Balcony and Utility fitting in the building known as “REPUBLIC OF
WHITEFIELD” constructed on the land described in Schedule ‘A’ Property.

IN WITNESS WHEREOF, the SELLER and the PURCHASERS have signed and executed
this AGREEMENT OF SALE on the day, month and year first above written, in presence of
the following witnesses.

Signed and delivered by:

Signed and received by:

WITNESSES:

1. 2.