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SALE DEED CUM CONVEYANCE DEED

THIS DEED made at Airoli, Navi Mumbai, on this ___ day of

March, 2021
BETWEEN

1) Mr. Pukhraj Desraj Marwaha, aged about 71 years,

having PAN No. ACYPM7634G,
2) Mrs. Rashmi Pukhraj Marwaha, aged about 66 years,
having PAN No. AGTPM2949R,
both having address Flat No. 505, Bindal C. H. S. Ltd., Plot
No. 14, Sector-8, Airoli, Navi Mumbai-400708, hereinafter
jointly referred to as the “VENDORS/TRANSFERORS”
(which expression shall, unless it be repugnant to the
context or meaning thereof, mean and include their heirs,
executors, administrator and assigns) of the ONE PART;

AND

1) Mr. Shivajirao Jaywantrao Deshmukh, aged about 78

years, having PAN No. ABNPD0225A, having address Flat
No. 2, Santosh Apartment, 27, Byramji Road, Near
Poonam Chambers, Byramji town, Nagpur, Maharashtra-
440013;
2) Mrs. Geeta Harshawardhan Thakare, aged about 49
years, having PAN NO. AOVPT0872Q, having address 42,
Apurva C.H.S. Ltd., Plot No. 23A, Sector-8, Airoli, Navi
Mumbai-400708;
3) Mrs. Kavita Nimesh Lal, aged about 47 years, having
PAN NO. AIEPL0411G, having address Flat No. 2,
Santosh Apartment, 27, Byramji Road, Near Poonam
Chambers, Byramji town, Nagpur, Maharashtra-440013;
4) Mrs. Prajakta Nilesh Kadu, aged about 42 years,
having PAN NO. BIXPK7602J, having address Flat No. C-
501, Rainbow C.H.S. Ltd., Plot No. 39, Sector-19, Airoli,
Navi Mumbai-400708;
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hereinafter jointly referred to as

“PURCHASERS/TRANSFEREES” (which expression shall,
unless it be repugnant to the context or meaning thereof, be
deemed to mean and include their heirs, executors,
administrators and assigns) of the OTHER PART;

WHEREAS:-

1. The City and Industrial Development Corporation of

Maharashtra Ltd., is the new Town Development
Authority (hereinafter called as “The Corporation”)
declared for the area designated as a site for the new
Town of Navi Mumbai by the Government of
Maharashtra in exercise of its power under sub-
section (1) and (3-a) of section 113 of the Maharashtra
Regional Town Planning Act, 1966 (MAH. XXXVII of
1966) (Hereinafter referred to as “Said Act”).
2. The State Government in pursuant to section 113A of
the said Act, has acquired lands described therein and
vested such lands in the corporation for development
and disposal.
3. By an Agreement to Lease dated 15th April, 1994
executed by and between the said corporation i.e. City
and Industrial Development Corporation of
Maharashtra Ltd. of the one part and M/s. Bindal Co-
op. Housing Society Ltd., a registered society under
TNA(TNA)/HSG./T.C./4396/1991-92 dated 20th May
1991 (Hereinafter referred to as “Said Society”). The
said corporation allotted and handed over a piece of
land being Plot No. 14, admeasuring about 1,618.16
sq. mtrs., situated at Sector-8, Airoli, Navi Mumbai to
the said society as per the terms and conditions
mentioned in the said Cidco’s Agreement to Lease.
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4. In pursuance of the said agreement to lease the

corporation handed over possession of the said plot to
the Society to enable them to construct buildings
therein.
5. The Society in pursuance of the permission and lease
agreement completed the construction on the said plot
in accordance with the plans approved and sanctioned
by the Navi Mumbai Municipal Corporation and
obtained the occupancy certificate from the Navi
Mumbai Municipal Corporation, vide Occupancy
Certificate dated 09/12/1996.
6. The said society i.e. Bindal Co-op. Housing Society
Ltd. by its Letter of Allotment Letter dated
06/10/1997 has allotted to Transferors a Flat No. 505,
admeasuring about 910 sq. ft. Built-up area, in the
Bindal Co-op. Housing Society Ltd., situated on Plot
No. 14, Sector-8, Airoli, Navi Mumbai – 400708, Dist.
Thane (hereinafter for the sake of brevity referred to as
“the Said Premises”).
7. The Transferors i.e. Mr. Pukhraj Desraj Marwaha and
Mrs. Rashmi Pukhraj Marwaha are lawful member of
the said society holding Five (5) Fully Paid-up Shares
of Rs. 50/- each bearing distinctive Numbers from 311
to 315 (both inclusive) under the Member’s Register
Folio No. 063 (hereinafter for the sake of brevity
referred to as “the Said Shares”).
8. The Transferors are absolutely seized and possessed of
and / or otherwise well and sufficient entitled to, the
said premises and shares as owner thereof.

The Transferors do hereby covenant as follows:

1. There are no suits, litigation’s civil or any other

proceedings pending as against the Transferors
personally affecting the Said PREMISES.
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2. There are no attachments or prohibitory orders as

against or affecting the said PREMISES and the said
PREMISES is free from all encumbrances or charges
and / or is not the subject matter to any lis pendens
or easements or attachments either before or after
judgement. The Transferors have not received any
notice neither from the Government, Semi Government
or Municipal Corporation regarding any of the
proceedings in respect of the said PREMISES.
3. The said PREMISES are free from all mortgages,
charges, encumbrances of any nature whatsoever.
4. The Transferors have paid all the necessary charges of
any nature whatsoever in respect of the said
PREMISES and the Transferors have not received any
notices from any statutory body or authorities asking
for payment of any nature whatsoever of the said
PREMISES.
5. The Transferors in the past have not entered into any
agreement either in the form of sale, lease exchange,
assignment or in any other way whatsoever and have
not created any tenancy, leave and license or any
other rights of the like nature in the said PREMISES
and have not dealt with or disposed off the said
PREMISES in any manner whatsoever.
6. Neither the Transferors nor any of their predecessor-
in-title have had received any notices either from the
CIDCO and / or from any other statutory body or
authorities regarding the acquisition or requisition of
the said PREMISES.
7. The Transferors are in exclusive use, occupation and
possession of the said PREMISES and every part
thereof and except the Transferors no other person or
persons are in use, occupation and enjoyment of the
said PREMISES or any part thereof.
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8. The Transferors have good and clear title free from

encumbrances of any nature whatsoever of the said
PREMISES and every part thereof and there are no
outstanding estates or effects by way of lease, lien,
charges, inheritance, sale, gift, trust, mortgage or
otherwise however outstanding against the Transferors
and / or against the said PREMISES or any part
thereof.
9. The Transferors are not restricted either in the Income
Tax Act, Gift Tax or under any other statute and are
not restricted from disposing off the said PREMISES or
any other statute from disposing stated in the
Agreement.
10. The Transferors have not done any act, deed,
matter or thing whereby they are prevented from
entering into this Agreement on the various terms and
conditions as stated herein in favour of the
Transferees and the Transferors have all the right, title
and interest to enter into this Agreement with the
Transferees on the various terms and conditions as
stated herein.

Relying upon the aforesaid representations and declaration

made by the Transferors herein, the Transferees have agreed
to purchase the Said PREMISES and the Said Shares

AND WHEREAS:

The Transferors have agreed to transfer the interest, right

and title in the said PREMISES held by the Transferors to
the Transferees, which the Transferees have agreed to
acquire from the Transferors, after taking inspection of the
various documents and after being fully conversant with the
several covenants and the conditions contained therein on
the terms and conditions hereinafter appearing:
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The parties herein are desirous of recording the terms and

conditions in writing as stated hereinafter.

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

1. The Transferors hereby agree to sell and transfer and

assign all their rights, title and interest in and upon
the PREMISES being:

FLAT NO. : 505

PLOT NO. : 14
SECTOR NO. : 8
NODE : AIROLI
BUILT-UP AREA : 910 SQ. FT
SOCIETY : “Bindal” C.H.S. LTD.

to the party of the Second part / Transferees, which

the Transferees have agreed to acquire the said
PREMISES and interest of the Transferors in the said
PREMISES for a total consideration of Rs.
90,00,000/- (Rupees Ninety Lakhs Only) inclusive of
all costs, share capital and the amount to the credit of
the Transferors in the books of the said society.
2. The Society by its NOC Dated 04/03/2021 granted its
permission to the Transferors to transfer and sell their
premises, shares & rights in the name of the
Transferees.
3. The Transferees have paid the said consideration of
Rs. 90,00,000/- (Rupees Ninety Lakhs Only) before
the execution of this Agreement.
4. The Transferors have delivered the vacant peaceful
and physical possession of the said PREMISES and all
other relevant documents and the shares of the society
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to the Transferees and received the full and final

consideration.
5. The Transferees hereby agrees to become member of
the said society and shall abide by all the rules and
regulation adopted by it or which it may adopt from
time to time.
6. The Transferors hereby agrees to pay all the
outstanding, due for payment, maintenance and
service charges or any other dues payable to the
society, electricity bill, and the Transferors further
undertake that in no case the Transferees shall be
liable for payment or dues of the society of
membership / occupancy of the said PREMISES of the
Transferors.
7. The Transferors here onward shall have no right, title,
Interest, claim demand or change of whatsoever
nature on the payments and contributions made by
the Transferors to their predecessor in title and to the
society and on the said PREMISES. The Transferors
shall do all the needful in all respect to secure the title
of the said PREMISES to the Transferees and shall
always keep the Transferees indemnified from all
liabilities and / or claim of the said PREMISES.
8. The Transferees here onward shall be entitled to have
a hold on the occupation and the Transferees can hold
the same for unto and to the use and benefit for their
heirs, executors, successors forever without any claim,
charge, interest, demand or lien of the Transferors or
any person on their behalf or who may claim through
therein trust for their subject only to on the part of the
Transferees to pay the taxes, assessment, charges,
duties or calls made by the future society, Municipal
authority, Government or any local authority or
corporation or co-operative society in respect of the
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said PREMISES from the date of signing of this

Agreement.
9. That the Transferors hereby state and declare that
they have not in any manner whatsoever dealt with
their rights in respect of the said PREMISES.
10. That the Transferees hereby covenant with the
Transferors that they shall abide by all the rules and
regulation and bye-laws of the future society and shall
pay and discharge all calls and demands that the
Municipal Corporation, the Co-operative Society and
Government etc. may make hereafter in respect of the
said PREMISES.
11. That the Transferors doth hereby handover to the
Transferees all documents referred to hereinabove and
undertakes that from time to time and at Transferees
and any amount due in respect of the taxes and
outgoings till date of possession the same shall be paid
by the Transferors.
12. The Transferees hereby agrees to pay the society dues,
water charges / service and maintenance charges,
including periodical ground / lease rent in respect of
the said PREMISES from date of the possession.
13. The Transferors declare that they have handed over all
the documents of the said PREMISES against full &
final payment & transferred and assigned all their
rights, title, interest and benefit in respect of the said
PREMISES. Similarly the Transferors have also
handed over all other receipts to the Transferees. The
Transferors state that except the aforesaid papers,
they do not possess any other documents of title in
respect of the said PREMISES nor they have deposited
nor pledged the same with anyone as such they
undertake to indemnify and keep indemnified the
Transferees.
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14. Subject to the provisions and terms and conditions of

this Agreement, the Transferors hereby agree to
transfer their shares, and the interest in the said
PREMISES to the Transferees and the Transferees are
entitled to hold, possess, occupy, and enjoy the said
PREMISES without any interruption from the
Transferors.
15. The Transferors hereinafter at the request and cost of
the Transferees shall execute any document, paper
and writings as may be necessary for perfectly vesting
the said PREMISES and benefits of the membership of
the society / builders and transferring the same unto
the Transferees without any extra or excess
consideration.
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SCHEDULE OF PREMISES

SCHEDULE - I

ALL THAT piece or parcel of land known as Plot No. 14, in

Sector-8, AIROLI, Navi Mumbai - 400 708, District-Thane
containing by admeasurements 1618.16 Sq. Mtrs. Or
thereabouts and bounded as follows:

On or towards the North by : 11.00 Meter Wide Road

On or towards the South by : Plot No. 13
On or towards the East by : Plot No. 5, 6
On or towards the West by : 11.00 Meter Wide Road

SCHEDULE - II

Flat No. 505, Admeasuring about 910 Sq. Ft. Built-up Area
In the Bindal Co-operative Housing Society Ltd., Situated at
Plot No. 14, Sector No. 8, AIROLI, Navi Mumbai – 400 708,
District-Thane
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IN WITNESS WHEREOF THE PARTIES HERETO HAVE

HEREUNTO SET AND SUBSCRIBED THEIR RESPECTIVE
HANDS THE DAY AND YEAR FIRST HEREINABOVE
WRITTEN.
Signed and Delivered by the )
Within named TRANSFERORS )

1) Mr. Pukhraj Desraj Marwaha )

2) Mrs. Rashmi Pukhraj Marwaha )

In the presence of )

1………………………………… )

2………………………………… )

Signed and Delivered by the )

Within named TRANSFEREES )

1) Mr. Shivajirao Jaywantrao Deshmukh)

2) Mrs. Geeta Harshawardhan Thakare )

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3) Mrs. Kavita Nimesh Lal )

4) Mrs. Prajakta Nilesh Kadu )

In the presence of )

1……………………………….… )

2…………………………………. )
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RECEIPT

RECEIVED of and from the Transferees as within named the

sum of Rs. 90,00,000/- (Rupees Ninety Lakhs Only) being the
full & final amount of sale consideration on or before execution
of these presents towards the sale of Flat No. 505, in the
building known as BINDAL CO-OPERATIVE HOUSING
SOCIETY LTD., Situated on Plot No. 14, in Sector No. 8, at
Airoli, Navi Mumbai – 400 708, admeasuring 910 Sq. ft. Built -
up area and Shares, as within mentioned, paid by them to us,
by Cheque. (Subject to realisation of Cheque).

Details of Payments received & acknowledge the Receipt separately as

follows:

Amount (Rs.) Cheque No. Dated Drawn on Bank

1) Rs.1,00,000/- 319576 02/02/2021 IDBI Bank
2) Rs.88,32,500/- 319578 16/03/2021 IDBI
Bank
3) Rs.67,500/- TDS at the rate of 0.75% of total
consideration

WITNESSES : WE SAY
RECEIVED

1.

Mr. Pukhraj Desraj Marwaha

2.
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Mrs. Rashmi Pukhraj Marwaha

TRANSFERORS

POSSESSION LETTER
Mr. Pukhraj Desraj Marwaha, & Mrs. Rashmi Pukhraj
Marwaha, both adult, Owner of Flat No. 505, Bindal C. H. S.
Ltd., Plot No. 14, Sector-8, Airoli, Navi Mumbai-400708,
hereinafter referred to as “the TRANSFERORS”, do hereby
confirm that they have handed over the peaceful vacant
possession of Flat No. 505, Bindal C. H. S. Ltd., Plot No. 14,
Sector-8, Airoli, Navi Mumbai-400708, admeasuring 910 Sq.
ft. Built-up area, to Mr. Shivajirao Jaywantrao
Deshmukh, Mrs. Geeta Harshawardhan Thakare, Mrs.
Kavita Nimesh Lal and Mrs. Prajakta Nilesh Kadu,
hereinafter referred to as “the TRANSFEREES”, as per the
SALE DEED CUM CONVEYANCE DEED dated _____________
upon receiving the full and final payment stated therein.

Date :

Mr. Pukhraj Desraj Marwaha

Mrs. Rashmi Pukhraj Marwaha

RECEIVED POSSESSION

Mr. Shivajirao Jaywantrao Deshmukh

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Mrs. Geeta Harshawardhan Thakare

Mrs. Kavita Nimesh Lal

Mrs. Prajakta Nilesh Kadu

Witness:
1.

2.