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AGREEMENT TO SELL & PURCHASE

This Agreement to Sell and Purchase is executed at Gurgaon on this _____ day of July, 2017

BETWEEN

Mr Sanchai Narang S/O Mr Amorn Narang and Mr Ankur Narang S/O Mr Amorn Narang
jointly with Mr Amorn Narang S/O Sh Paras Ram Narang all the three R/o 20/106,
MOOBAAN PHROMIT VILLA SOI-39, SUKHUMVIT ROAD, BANGKOK- 100110,
THAILAND , with local address as Deerwood # 237, Block-S, Nirvana Country, South
City-2, Phase-2, Gurgaon, Haryana, hereinafter jointly called the ‘FIRST PARTY’ (with
expression shall unless opposed to the context hereof include their heirs, successors, survivors,
administrators, executors, legal representatives and assigns of the ONE PART)

AND

Mr Charanjit Lal Arora S/O Late Shri Jagan Nath Arora , R/O House # 233, 2nd Floor,
Bhera Enclave, Paschim Vihar, Delhi-110087 hereinafter called the ‘SECOND PARTY’
which expression shall unless opposed to the context hereof include his/her heirs, successors,
survivors, administrators, executors, legal representatives and assigns of the SECOND PARTY)

The expressions ‘FIRST PARTY’ and ‘SECOND PARTY’ shall mean and include their
respective heirs, successors, representatives and assigns.
WHEREAS the “FIRST PARTY” is the legal registered owner of residential house bearing #
Deerwood # 237, Block-S, Nirvana Country, South City-2, Phase-2, Gurgaon, Haryana, built on plot
admeasuring 200 Sq. Mtrs (239.2 sq yds), having built-up area of 1644 sq ft, by the way of duly
registered Conveyance deed, vide vasika # _________, dated _____________ at Sub-registrar
office, Gurgaon, Haryana situated in the residential colony known as Nirvana Country, South
City, Phase-II, Sohna Road, in and around Village Adampur, Fatehpur, Tigra, Tikri, Samaspur,
Ghasola and Badshahpur Teh. & Distt. Gurgaon, Haryana, hereby called the “Said Property”.
The first party now being the sole and absolute owner of the said property has full rights to
sell/transfer the said property to the second party/buyer.

AND WHEREAS, the FIRST PARTY has agreed to transfer/sell the said property to the
‘SECOND PARTY’ and the SECOND PARTY has agreed to purchase the same at the total
sale consideration of Rs_________________________(Rupees
______________________________________________________________________only) on
the following terms and conditions:-

1) That the FIRST PARTY has Received Rs__________________________/ (Rupees


_____________________________________Only/- ) as an Advance/Earnest Money from the
SECOND PARTY and the second party hereby acknowledges the receipt of the same, in the
following mode:
Chq. No. Dated Amount (INR) Drawn On (Bank) In Favour of

and the balance sale consideration of Rs___________________________


(Rupees______________________________________________________________ only)
shall be paid by SECOND PARTY to the FIRST PARTY by the way of Demand draft/Pay
order/ RTGS (blank cancelled cheque enclosed) at the time of the registration of the sale deed
in the office of Sub-registrar Gurgaon, on or before 10th September, 2017. The second party
shall deduct TDS as per govt norms and also give the TDS certificates of all the payments made
to the first party before the signing/execution of the sale deed.

2) That the FIRST PARTY will clear all the dues (if any) related to Maintenance charges or the
Arrears of the developer (M/S Unitech Ltd ) and/or the Maintenance Agency (NRWA), MCG
Property tax, DHBVN etc pending in the Colonizer/Developer/RWA/MCG/Electricity
distribution company records till the date of the registration of the Sale deed.

3) That the Second party may take loan from a mortgage agency for the purchase of the said
property, in that case the FIRST PARTY shall cooperate and provide all the document copies as
and when demanded by the concerned mortgage agency/bank. The First party shall also
cooperate to sign any document and appear for the transfer/mutation of the above said
property in the favor of the SECOND PARTY as and when required by the
developer/colonizer/RWA. The charges for the same shall be borne by the buyer/second party.

4) The time limit for Final Payment and Sale deed registration of the Sale deed, has been
mutually agreed, on or before 10th September, 2017.

5) That in case the First Party refuses/fails to register the said property in the name of the second
party or its nominee, then the first party shall pay double the earnest money OR if in any case the
Second Party refuses/fails to pay the balance amount / sale consideration in the stipulated time,
then the second party shall forfeit the earnest money. Although the affected party can also take

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the legal help with the Specific Performance Act, and can get the said agreement / sale deed
executed/ registered. In such case all the legal expenses of the said presumed dispute shall be
borne by the defaulting party.

6) That all the expenses in the respect of the registration of the sale deed/transfer-
mutation of the said property shall be Paid/Borne by the SECOND PARTY.

7) That the FIRST PARTY hereby ensures that it is fully empowered to get the said property
registered and transferred in the name of the second party
and the said property is free from all Encumbrances, Sale ,Lien, Mortgage, Loan, Dispute,
Attachments etc and if found otherwise then the First party will bear all the losses and
harassment faced by the second party.

8) That the FIRST PARTY shall handover all the original documents related to this said
property like Allotment letter, Developer-Buyer Agreement , Possession Letter/Certificate,
Conveyance Deed, and other documents (if any ) related to the said property.

9) That the FIRST PARTY shall give the peaceful vacant physical possession of the said
property to the SECOND PARTY at the time of receiving final sale
consideration/registration of the Sale Deed documents in the office of the Sub-Registrar..

IN WITNESS WHEREOF, both the FIRST PARTY and SECOND PARTY have signed this
agreement in token of their accepting the terms herein above given in the presence of the
following witnesses.

WITNESSES : EXECUTANTS

1. (FIRST PARTY)

2. (SECOND PARTY)

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