J Sharma LL.M. BehindDr.Kshetrapal,
116
J ai Prakaslh. Sharma LL.M. Advocate To, . Murano service apartment pvt.ltd Kishongarh 427/11,MundraSadan Behind Dr. Kshetrapal, KutcheryRd.,Ajmer (Raj.) Mo. No. : 9828572134 Ph. No. : 0145-2627134 Date: 01-02-2021 Sub:-Iegal opinion of project "Unique Green valley" situated at village jatli on N.H.-8 bye PassKishangarh 1. Name Of the property owner: Smt. Binadevi , Shri Hariprasad Agarwal, Smt.Santosh Agarwal, Shri Ashish Agarwal ,Shri Surendra Kumar Malu & Shri Mahendra kumar Malu, Smt. Jatandevi Chajed, Shri pannalal Chajed, Smt. Lalita Agarwal,\=\",,'\t. f\~G\15W"\. 2.. Description & Area of property: ! "hata I Khata No. Old Khasra : No. 1 (Old) No. New Khasra No. Area Owner jN,?w) I i I Surendra Kumar I Malu& Shri I 261 261 947 1091,1092 0.28 I Mahendra kumar L Malu -- I Surendra Kumar , Malu &Shri I 261 ! 261 989,991,990 1121,1122,1124 0.49 i I Mahendra kumar ! Malu ,- I Smt. Binadevi i 118 118 1029 1078 0.94 I &Lalita Agarwal i 118 1 118 930 1083 0.78 Smt. Binadevi . i &LaJita Agarwal I I Smt.Santosh 23-9 I 239 949 1102 0.15 ! ! Agarwal, , i i Smt. Binadevi 117 I 117 991,990 1120 0.16 &LaJita Agarwal i i I Smt.Santosh 240 I 240 950 1101 0.13 !l19 , Agarwal, I 119 1045 1209 0.33 Bina dey; ;A2~ I 288 1047 1204/1513, 1207' 0.41 Shri Hariprasad Agarwal
Transcript of J Sharma LL.M. BehindDr.Kshetrapal,
Jai Prakaslh. SharmaLL.M.
Advocate
To,
. Murano service apartment pvt.ltd
Kishongarh
427/11, Mundra SadanBehind Dr. Kshetrapal,KutcheryRd.,Ajmer (Raj.)Mo. No. : 9828572134Ph. No. : 0145-2627134
Date: 01-02-2021
Sub:-Iegal opinion of project "Unique Green valley" situated at village jatli on N.H.-8 bye PassKishangarh
1. Name Of the property owner:
Smt. Binadevi , Shri Hariprasad Agarwal, Smt.Santosh Agarwal, Shri Ashish Agarwal ,Shri
Surendra Kumar Malu & Shri Mahendra kumar Malu, Smt. Jatandevi Chajed, Shri pannalal
Chajed, Smt. Lalita Agarwal,\=\",,'\t. f\~G\15W"\.
2.. Description & Area of property:
!"hata I Khata No. Old Khasra: No. 1
(Old) No.New Khasra No. Area Owner
jN,?w) Ii
ISurendra Kumar
I Malu& Shri
I 261 261 947 1091,1092 0.28
IMahendra kumar
L Malu --
ISurendra Kumar
, Malu &ShriI 261 ! 261 989,991,990 1121,1122,1124 0.49i I Mahendra kumar
! Malu,-I Smt. Binadevii 118 118 1029 1078 0.94I &Lalita Agarwal
i 118 1 118 930 1083 0.78 Smt. Binadevi. i &LaJita Agarwal
I
ISmt.Santosh23-9 I 239 949 1102 0.15! ! Agarwal,,
i i Smt. Binadevi117 I 117 991,990 1120 0.16&LaJita Agarwal
i i I Smt.Santosh240 I 240 950 1101 0.13
!l19, Agarwal,
I 119 1045 1209 0.33 Bina dey;
;A2~ I 288 1047 1204/1513, 1207' 0.41 Shri HariprasadAgarwal
I
II Shr; Hariprasad, 288 288 1046 I 1208 0.36 <, Agarwal
r" I 81 1028 1081, 1082 1.21Shri pannalal
Chajed
53 53 929 1079,1080 0.78Smt. Jatandevi
Chajed
I 116 116 1023 1104/1355,1105,1107,1109/1499,1110 0.81Smt. Binadevi
I I &Lalita Agarwalf----~ II
IShri Hariprasad
i 284 I 284 948 1103 1.17I Agalwal,I i Shri Ashish
I5 ! 5 1024 1104 1.14 Agarwal & Amit,, AgarwalI
! I Shri AshishI
iI 5 I 5 951 1123 0.27 Agarwal & Amit
! I! Agarwal I--_.
3. Whether title to the property is c1ear,unambiguous and marketable:
Yes, title of property is clear, unambiguous and marketable.
4. The Technical Layout Approved as per conditioned mentioned in letter no. AJZ/1631/MJK/317
DATED 17.02.2012 Approved by town planner office.
I have p€rsued the documents forwarded to me pertaining to the captioned project and after
verifying the relevant and available mutation records, I found that the said property is free from
all sorts of encumbrar,ce, lien, charges, mortgage etc.lt is also certified that the rights of the saidproperty/land are undisputed and the perfect and marketable title over the said property/land.
(Jai Prakash Sharma)
Advocate
Jai Prakash SharmaADVOCME
41::""lu"d;~ Sadan" Behind 0;. Kshet;apa(K.lchery Road, AJMER-30S001
,
.y
I~ "',
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I •• ,' •••..•....... " ...
Jai Prakash SharmaLL.M.
Advocate
To,
Murano service apartment pvt.ltd
Kishangarh
427/11, Mundra SadanBehind Dr. Kshetrapal,KutcheryRd.,Ajmer (Raj.)Mo. No. : 9828572134Ph. No. : 0145-2627134
Date: 01-02-2021
Sub:.legal opinion of project "Unique Green valley" situated at village jatli on N.H.-8 bye PassKishangarh
1. Name of the property owner:
Ajrner Development Authority / State government
2. Description & Area of property:
Khata No. (I~ew) Khata No. (Old) Old'Khasra No. New Khasra No. Area Owner
1 1 1047 1205,1206 0.10 State govt.
I 295 295 1029 1078/1268 0.05 ADA,295 295 1028 1082/1444 0.06 ADAI
I 295 I 295 1045 1209/1512 0.05 ADA
3. Whether title to the property is clear, unambiguous and marketable:
Yes. title of property is clear, unambiguous and marketable.
4. The Technical Layout Approved as per conditioned mentioned in letter no.
AJZj1631jMJK/317 DATED17.02.2012 Approved by town planner office.
I have persued the documents forwarded to me pertaining to the captioned project and after
verifying the relevant and available mutation records, I found that the said property is free from
all sorts of encumbrance, lien, charges,mortgage etc. It is also certified that the rights of the said
property/land are undisputed and the perfect and marketable title over the said propertyjland.
ptJ1;J(Jai praka~~)
Advocate
Jai Prakash Sharma, "-,' ADVOC{~fE
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~ TO ALL TO WHOM THESE PRESENTS SHALL COME, we
~ i)
lSmt. Binadevi wi a Shri Hariprasad Agarwal aged 55 years R/oChandraColony Madanganj-Kishangarh ("Khatedar No. 1");
ii) Shri Hariprasad Agarwal, Sio Shri RamgopaJ Agarwal aged 62 Resident ofChandra Colony, Madanganj, Dist: Ajmer: ("Khatedar No. 2");
B iii) Smt. Santosh Agarwal wi a S~i:-Ainit Agarwal aged 30 years resident ofChandra Colony, Madanganj, Dist. Ajmer; ("Khatedar No.3"); ......•.
" iv) Shri Ashish Agarwal HUF through Karta Ashish Agarwal Sio Hariprasad, Agarwal aged 30 years resident of Chandra Colony, Madanganj, Dist. Ajmer
and Shri Amit Agarwal HUF through Karta Amit Agarwal slo Shri.a Hariprasad Agarwal aged 32years Rio Chandra Colony, Madanganj, Dist.
Ajmer ("Khatedar No, 4") ;,' " .
. v) Shri Hariprasad Agarwal HUF t!y'ough Kar!a Hariprasad Agarwal 5/0 5hri.ij Ramgop1\ A~arwal aged 62 !ear~ .,:e~ident of Chandra Colony, Madanganj,~ D,st. AJ~~ ( Khatedar No.5); -c.~~~;'._.._,_=".-
~
\, ~ '. " , . ~. ., For Murano Servie~ ADcrtmcnh Private Limited# ',,' , '.'-~.. ~,. '~a.. I -....... '" ." .....--• r ,.....•' t,\". ......•.
:)(i' 3"G' ~q1'lcD ,;;JJ.r*,~i-\~~'c..Autb"risedSignatory~ ,j.') (~ .•• ' ~~~";'"''''r.-.:.
, ~", •••, F"r~-'.~~k~~:~1JilLemS(P)Ltd-"" . -. ,)~
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.-, ;. vi) 5hri 5urendra Kumar Malu & 5hri Mahendra' Kumar Malu 5/0' 5hri.~ Omprakash Malu Resident of M-75, Annasagar Link Road, Ajmer
-.. ' , ' - ';'~ ' ,'("Khatedar No.6");
~ vii) 5mt Jatandevi Chajed wi 0 Pannalal Chajed aged 55 Years Resident ofChandra Colony, Madanganj, Dis!. Ajmer ("Khatedar No . .7");
....--........ -
'/:S""'~?vWl' 5hri Pannalal Chajed 5/0 5hri., Poonam Chand Chajed aged 60 years/ .., >/~~~~~'s(?ent of Chandra Colony, Madanganj, Dis!. Ajmer ("Khatedar No, 8") and
,,:.. / . ,,'/. \,)A",
r .'tl . ix) ~i1lt.\Lalita Agarwal wi 0 5hri Ashish Agarwal aged 28 years residing at\:. :~, ~'.,', ;lh~jdra Colony, Madanganj, Dis!. Ajmer ("Khatedar No.9")
'<.'~'~~--Y;:j;;7'-, thr~~g~.I?U!IIr..~~~~,,9.f: 1~1~?r~~!!1.~9.~9~'11~\I~~~;l:1?~J~!1:1:~/t\.~,;.Jtja~1~r~l~g:" '
Agarwal Rio Chandra Colony, Madanganj-Kishangarh proprietor' of Tirupati"s
Real Estate Co. having its office at Agarwal House, Chandra Colony Madanganj-
Kishangarh; SEND GREETINGS:-
.•. ;, (I "'! I ,'~ 1 .-J 1":' 1( L:'; ;'X:\) I, " '\', h'i ',:1~~'.1ti,~\0'rjj:' "1'1i:, I ' \'j I:!\ ~r'~~-J{!ijf(i:il,~;j':ol~I" ." ....i: :U'll!
WHEREAS.. ~~j, L'r. )'
A. We have enter~d"G;;~;'~' Development 'Agreement. datEid".2t04.2011, . ; I ('1';'_ ,
(hereinafter referred to as '~AgreementH) through above named power
attorney holder with.M/s Murano Service Apartments Private Limited, a
company incorporated underth~ pro~isio~s'~f~eC6hipariies 'Act;,1956
having its registered office 8th F1oo<, The Milestone, Tonk Road, Jaipur
through its director 5. Vibhishek Pal Singh sl 0 5. Ajay Pal 5ingh rio B-68,
Yash 'Path. THak Nagar Jaipur duly auth'orized by its Board of Directors
[Hereinafter referred to as. "tl,e 'Developer" in this Agreement, which
expr;"sion shaJl .';'nless 'the'co;;text:oth~iwi~e'" ~~q~ire~' include " its, ,.' .,
successor(s) aJ1d permitted assign(s)] for development of a residential
township project 'c~";p~i~ing ;f re;identiaJ ploi5(hheinafter referred to as. .' , ~
"the Township Project") upon combined 'parcel of land comprising various
parcels of land owned by the Khatedars and aggregating to around 60
Bigh~s's'i~k'ted;~n;~lliI'ag~'J~hii"iJfuir~nd~'8i'strtc'tAj~e~;;t~1~r~1¥h~n)\~n\~;~'particularly described in the Schedule "A" attached hereto and hereinafter
, ,-", .\.'1,,: . :.~." "
referred to as "the Scheduled Lewd" On the terms and conditions as set out in'.
the said Agreement signed at Jaipur on 21.04.2011. /
,.
,
,...
v.B. In terms of the Agreeme';-t,;;;e h~ve permitted the Developer to develop the. TownShip Project over the. Scheduled ,Land in accordance with the rules,
regulations, permissions/approvals and building bye-laws of the' local
authorities. As per the terms of the Agreement, the Developer shall be
entitled to such percentage of the developed Township Project as per the
ratio prescribed in Clause V of the Development Agreement (hereinafter
referred to as "the Developers Allocation"). We have permitted the
~~per to sell the plots in the Developer's Allocation in the Township''.t\ , .. -:f~ r~'
J...(0-' ,.' ..Pibje'Gt.yothe buyers on such terms & conditions as may be deem fit by theI!:!: "',- .,,> \ ~~I';~. \ D.evelop,e. ' .
.:~~\:~.Iipi:;: 0 fac,i1itate!he process.of ~)e/ disposal of residential plots in the
":;2'f:~::~~per's Allocation, the we hereby riomiruite';~;';"tit;;\e';;'d appoint the
Developer M/ s Murano Service Apartments Private Limited'a company
incorporated under the provisions of the Companies Act, 1956 having its
registered office 8"' Floo" The Milestone, Tonk Road, jaipur through its
director S. Vibhishek Pal Sil:'gl;t,s/o,~, t\jay Pal Singh rio B-68,Yash Path.
Tilak Nagar jaipur duly auth~rized by its Board ofIiirectp~sis;'~r!he true
and lawful Attorney (hereinafter referred to ~s "the said Attoritey~s)" to
severally and independently, with effect from the date of approval of the
maps of the Township Project, do, execute and perform, all or any of the
following acts, deeds and things: ,I':"'l:i''l'!'j , '\[J,<',llf'l'i' ~1,,"\\<. flt:;.(,joi~~:j:ltlln!r\;llt-':?~-1_\li~t'itl'llL"cl1-!d:di}l'l;[~IIH -\h">"... . .. .. ,. ,., .
1. To Signf :ex~4te!.enter ,into, modify,. ca~cel, terminate, alter, draw,
approve agreement for sale, or, any other appropriate manner in
respecf~of (he Developer's Allocation in the: developed Township
,;' .1\;,. Pxoj€!,,\;W,i~;l'l,lc\1,pe,sq~jpri,Sf!~~,.tery;~jcP!J\\itj9!1S'1-!i \lw$;\i.\l,'
Attorneys, ma:)~think fit;md ,propeJ:.bl!.lsubjec~ the conditions. . . .'. ,."".,..•. .".. . ,
contained:il1.tlle.Af":~~ment.;':'-..., o.-n'" ','.. ,- ,,";, t' :~;,'
2. To enter into agreement for sale or lease of all or any residential
plots in the Dmloper's Allocation ~nd t; ~ctept any/ all
D!~.:ctor~
advances/monies/ consideration or other payments thereof on such. "~". . . . ... .
terms and for such consideration as the said Attorneys may think
fit and pr0J5Qand to do all things necessary in relation thereto. . ,
~
~~~ FOlllnr.noSm;r.:.~:,,:::,nt5PllvateLlmlted'. ~, ... I <..Il!: ".".." f?f ..l.:-.\",:~,..l.~.I.I.:-'.~I~!,,.....'l'.'~''-...Ll)ll".l\I''~~. ":' _":., ,.,:....--"" , ," "n. All. ' , , L
,">'i;"'" ~~"-Y' ~ '"",;f,~,'~,r-''!\~:'.::z~:. Authorised Signatory. :C~J:~i~:;J.;;;fth<3tf. t~ . ~.\ .~:~.":' -'f
',:t{;<:', , (~l y ","0" ~c1'ViCBApartmillUs (1') LUI.' ~\)-;:;::--
, ,.j
I 3, To sign on the tripartite sale deeds of residential plots in the.../.
Developer's Allocation in the Township Project with all the
prospective buyer(s) on our behalf.
4. To do all acts, deed and things incidental, ancillary and necessary
;" respect of such dealings/tramactions,
5. To substitute and appoint one or more attorney or attorneys under
him} them, from t{;"e to:titiic, lor all or any' of 'thepu,.poses
aforesaid and at his/ their pleasure to displace and remove them as
he/ they shall'S"e !h,'occasioii:' .. "
GENERALLYTO DO AND PERFORM all acts, deeds, matters and
things incidental or ancillary to and/ or necessary Jar:
a) all or any of the purposes aforesaid,
.. b)' '''givinj('fiili"effed to.tlie authorities, herein before
contained as full and effectually as we could ourselves
do and
~1,11f/ He)II!~ the'.'lsai"~?tiiS'pod~l\''-ofr'the.,rb~~'eWp'e/~I.Xil~'t~Bdril"ii\accordance with the Agreement.
~ri'"l.,."'".
7. To do all other acts, deeds and things that is incidental or ancillary
tRll?;~...1iWF~~~~XJf~.f1<t~R~flt,\"9~,~~Wl.~qPIY~~(tffi~rV(m~.d~.nd for the
sale/disposal of the Developer's Allocation in accordance with the
D, That all terms and conditions of the Development Agreement dated
21:04:2011to'the'~xtefi't'appll"Jb\e;!sh'ill\["fhi part ilf'tThsll'o0ei'df' Attorney~I.
Ths Power of Attorney shall be in force for three years from the date of
execution and shall not be revocable before expiry of[.thret;r.'l{,ears...£rom the... "..•. :no .',,''r'JII.'t APJ11fJl,;J1iS (i') LU1.
date of execution of this Power of Attorney. ,\
l'
.j
. ," ':::--..,
attorneys to b~ by him appointed as aforesaid) shaJIlawfullydo or c e"!"t~.be done by virtue of this'Pb,,;'er'of Attorney ...~-~::'"':,' ' ~~ r~'G\;.
. •••• , - '," ),..>.J
. "" "\~j (~L':',/ /\J\ ,,;:,6 J
IN WITNESSWHEREOF Mr. Amit Agarwal s/~ Hari,~rasad Agarwal Rio ci~a~~~".Colony, Madangan)-Kishangarh propnetor of T,rupati s Real Estate Co. havl~~
office at Agarwal House, Chandra Colony Madanganj-Kishangarh have hereunto set
our hands this Thursday of April 21,2011.
narnedwithinthe
',~ I-" ..••t:ncnts private LimitedrOt ¥urano S''':'....,"
.~~ ~~s~tolJ.' • ,'. ..' ." .' ..- ",l ~ '~'.' r.'. : ":---" ;",".' .' ., .
bydeliveredSealedSigned,
WIT::~~y\~~ . , ,1. ;t)\tJ ~~ ~ ~(j)'\K_ ~i)t<.m; l-IEp'HY IHO /)-t,1}RU)o l:.....
(() A-:DI}/'/ 6.ll-N.j - J<SG}.2.
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SCHEDULE "A"
Descriotion of Schedule Land
,\1
'1',/ ----'::1/...: ,:"l-,.' '~.r\ -- .." ' . '. "S'No Khasra No Rakba Khatedar1 930 04-16-00 Smt Binadevi w/o Shr; Hariprasad Agarwal2 1029 05-16-00 Age 55 yrs and Smt lalita Agarwal w/o Shrl Ashish3 990 01-19-10 Agarwal age 25 yrs rio Chandra Co/any,4 1023 05-00-00 Madangunj Kishangarh (1/1)5 929 04-16-00 Jatandev! Chajed w/o shri Pannalal Chajed age 57
yrs, rio Chandra Colony, Madangunj Kishangarh(1/2)
6 1028 07-10-00 Pannalal Jain s/o 5hri Poonam chand chajed, age60 yrs, rio Chandra Colony, MadangunjKishangarh (1/3)
7 949 00-18-00 5mt Santosh Agarwal w/o Shri Amit Agarwal age8 950 00-16-00 30 yrs rio Chandra Colony, Madangunj Kishangarh
(1/4)9 947 01-14-00 Shri Surender Kumar MalOD age 47 yrs, Mahendra10 989 01-14-00 ,
Kumai. Maloo age' 44, yrs s/o Shri Omprakash11 991 02-10-00 Maioo M:'75~Anasagar link'Roa'd, Ajmer (1/5)12 948 07-05-00 Shr; Hariprasad 'Agarwal HUF , through Karta
Hariprasad Agarwal s/o Shri Ramgopal Agarwalage 60 yrs rio Chandra colony, MadangunjKishangarh (1/6)
13 951 01-13-00 Ashish Agarwal HUF ,through Karta Ashish14 1024 07-01.0'0 Agarwal age 29 yrs, Amit Agarwal HUF age 32 yrs." . ',~.. ~, ,
s/6: 'Shl~'il:8a'tipra5ad"Ai~rw1fI~/o~Ch'a!nd'ra "(blo-oy;Madangunj Kishangarh (1/7)
15 1046 02.05.00 Hariprasad Agarwal s/o Shrl Ramgopal Agarwal16 1047 02.10-00 age 60 yrs rib Chandra colony, MadangunjKishangarh (1/8)
17 1045 02-01-00 Binadevi w/o shr! Hariprasad Agarwal age 55 yrsrio Chandra colony, Madangunj Kishangarh (1/9)
TOTAL 60-05,00. . ..... ..... , ,, '
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M 292123
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'-.' ;.i \"" : DEVELOPMENt, AGREEM'ENT
••. .:"i", '
,.J
Smt. Binadevi w / a. Shri ,Harjp_r.~~g Agarwal aged 55 years,- .l. ~.:')I
R/ oChandra Colony Madanganj-Kishangarh ("Kllatedar NO.1") .
This Development<. Agr~ement (0 Agreement") is executed on thisI .>.•.••..~.•• J
Thursday of April 21, 2011 by and between:
_. ' ..-r'T' •
'-',1•~.~ 9
~'
~
~
Shri Hariprasad Agarwal, S/ a Shri Ramgopal Agarwal aged 62. "
Resident of Chandra Colony, !"1adal}.ganj,Dist. Ajmer ("Khatedar
No.2")
Smt. Santosh Agarwal w/o Shri 'A'mit Agarwal aged 30 years• '. r ,.
resident of Chandra <;::olony,Madanganj, Dist. Ajmer ("Khatedar
No.
For Murano Service Aplll!mcnts Private Limited
..,
.. .
I"~.'~'~~~~".~m •••• :~:;r,~;'tluJ ,"c,c'.l
........... "'I :-<:II.I=! (' .••.. 1_, ;... . ..... .. .1<f'...:'l';l:j:\1.:'>-. ~ (}. " '.. ~~,ol~r '.\,.,:', . . . .
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tr.f.l/7<W .~Il' .... -: -- -"IT!w.1.rvf'I!FrfU q;,,,, ... -~.1l'<i\ jif~ J,.TML_.~ ..•.. ~ .:.
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~'3:.u!'il:OO")l ~~~"1.:~~.~r. ~~\ :","4, Shri Ashish Agarwal HUF through Karta Ashish Agarwal 5/0
Hariprasad Agarwal aged 30 years resident of Chandra Colony,
Madanganj, Dis!. Ajmer and Shri Amit AgarwalHUF through Karta
Amit Agarwal 5/0 5hri. Hariprasad Agarwal aged 32years RioChandra Colony, Madanganj, Dis!. Ajmer ("Khatedar No,4")
5hri Hariprasad Agarwal HUF through Karta Hariprasad Agarwal
510 Shri, Ramgopal Agarwal aged 62 years resident of Chandra
Colony, Madanganj, Dis!.Ajmer("Khatedar No,5")
6, 5hri 5urendra Kumar Malu & 5hri Mahendra Kumar Malu 8/0 5hri
Omprakash.MaJu Resident of M.75, Annasagar Link Road, Ajmer
("Khatedar No,6")
7, 8mt Jatandevi Chajed wlo Pannalal Chajed aged 55 Years Resident
of Chandra Colony,Madanganj, Dis!. Ajrr;er,("Khatedar No.7"):' -
8,. Shri 'pannalal Chaje~!5/0 8hri. PoonamChand Chajed aged 60 years
reside~t of Chand;a Col~ny,'Mail;;;'gilllj,' Dis!. Ajmer ("Khatedar
No,8")
f
9, 8m!. Lalita Ag:.twa1 wloShri. Ashish' Agarwal aged, 28 years
residing at Chandra Colony, Madanganj, Dis!. Ajmer ("Khatedar
No,09")
[hereinafter collectively referred to as the "the Khatedars or "the Ow"ers"
which ,expressiqI1;.shall u,I1lgss;,rh.~,,eHnte\to~ernis~,l!'gHW;:~S\!I1eanand., "
include their .respective successor(s), '"ominee(s) and permitted assign(s)J
thhi,ugh, theirP,ower of Atto~n~y.'iiolder Mr. Amit Agarwal s/o Hari
,Prasad' Agarwal R/oChandra Colony, Madanganj-Kishangarh proprietor
of Tirupati"s Real Estate Co, having itspffice at Agarwal House, Chandra
Colony "Mad!")ganj-Kisha,ngar(1,[ller,e,i,I)afterrelen:ed, ,.te;>.liS,{:~h,~]lower..,of
Attomey Holder or which expression shall qnless the context otherwise
requires mean and include its su'ccessor(s< nOmineel\and permitted
assign(s)J..:<:,. .
"
[Hereinafter ,the, Khatedaf!; .,~~d'.thl' Power ,?r A\to'!~F. Iiolder shall
COll~5l~ly be referreq to as the "Party o/the First Part"] .' .~, ,
AND
: , .
-;:
,- .
.\
r
.'[BJ Murano Service Apartments Private Limited, a company incorporated
under the provisions 'Of the Co'm~aAi~fAct, 1956' having it;reg;stered
office 8'h, The Milestone, Tonk Road, Jaipur through its director S.
Vibhishek Pal Singh s/ a S. Ajay Pal Singh rio B-68, Yash Path. Tilak
Nagar Jaipur duiy authorized by its Board of Directors [Hereinafter
referred to as "the Developer" or "the Parol of the Second Part" in this
Agreement, which expression shall unless the context otherwise requires
indude its successor(s) and permitted assign(s)] .
.. , The Party of the First Part and the Party of the Second Part are hereinafter0--•••••
(
'5 J':::""~'~~' dividually r~ferr~~ to as t.~~."1'~rtY,~and colIecti.vely~s~he "P~rties"..(rr (~ .• :/~\ . . ". .~'i . ) '•.,.\ l )/, , EREAS
~~>. :.$;L' A The Khatedars are the absolute owners of various parcels of"!J1r dJ' agricultural land aggregating to around 60.05 Bighas
situated at Village Jatll .Tehsil and DistrictAjmer (Rajasthan)
in the manner described in the Sch~du!e'i~.yattached hereto.'1: .', ,':... "
and hereinafter referred to as "the Si:iiiiilitle A Land".. ,".-
B. The Khatedars have authorised the Power of Attorney
Holder to develop the Schedule A Land on its own. or
through some reputed and experienced developer and to
enter into development agreement with such developer at
such terms and conditions as the Power of Attorney Holder
may deem fit vide Power of Attorney dated 04.04.2011
_ .. ..• ,registered with the sub,:egisfrar, Rupang~~, ~jm~r atSerial/
No 01 dated 04-04-2011at Book No. 04 Volume No. 01, Pa~'
No. 101 & Additional Copy filed at Book No,04 , Volume
No.03, Page NO.1 to 8 . Thesaid power of attorney is being
annexec;lhetewith as Annexure 'A' .•
C. The Khatedars No.1 to S''have authorized the 'Power of
Attorney Holder to selI and dispose off the plots/units
developed upon the Schedule A Land and to authorise the
o developer appointed by him to selI and dispose off the
,....-~"'\ plots/units developed upon the Schedule A Land ',vide
¥ 0<'. ':"'~"';S<i\~....''''''''''''''~,e;,""f.""'''4 ForMuraneSmiceAP,,!~ent~l! Limit,{
g'".":,"':'" 3'q'.~.~ (CIGi'lrl' ~ ~ '.":,'r<r'ce ,\P:Jf'llC""[:;i"Jllil~>~."'::;':~ lQ'. ,- AuiJiori.secSittat~J:. ~ ~ .f"> , ($;fpn ..-' / \) ,
~ r';:;::'tGT
..~" .. '
Power of Attorney dated 04.04.2011registered with the sub-
registrar, Rupangarh, Ajmer at Serial No 02 dated 04-04-2011
at Book No. 04 Volume No. 01, Page No. 102 & Additional
Copy filed at Book No.04, Volume NO.03, Page No. 09 to 14
. The said power of attorney is being annexed herewith as
Annexure 'H',
The Khatedars NO.6 to 09 have authorised the Power of
Attorney Holder to ,ell and dispose off the plots/units
developed' upon the Schedule A Land and to authorise the
developer appointed by him to sell and dispose off the
plots/ units developed upon the Schedule A Land vide...... ". l '....... . ,••-". "," . 'j"" ". . •••• ~. • •••• • '. • ••
.. l6wer:of.Attomey'diited 04.04';2011'tegiStered:with'.the:su1J','
registrar, Rupangarh, Ajmer at Serial No 03 dated 04-04-2011
at Bdok'No:103 Volume No: 04 'Page No: 103 & Additional
Copy filed at Book No. 04, Volume NO.03, Page No. 15 to 19..7)
The said power of attorney shall be annexed herewith as ',::'~~(~.. ;"' :.,,, :.' ;.'
E. nie'Party ohhe First Part is. entering into this Agreement
under the authority of the Khatedars vide the Power of
attorney referred to in Para B,C and D hereinabove.
',:"'.:".~.::;.'....:..
'.:: .
F. The Power of Attorney Holder is in the process of acquiring
or' getting'authorization of 'rnore parcels/pieces of lands
adjacent to the Schedule "A" Land admeasuring
approximately 20-40 Bighas located at Village Jatli, Tehsil
'ana'jjisrrict. Ajrn~r.' (hefemafier referred ..to' as, "AdditiOi'tU .Land")
The' SChedule" A Land" ;Hid" Additional Land shall be
hereinafter collectively referred to as Scheduled Land.F.7 M!.1I!JlO Si:i",i:CG ;:'i-j--,",.u1,,,,.-.' \~ .' .~",.
'...'l \. G The part~ ofthe.Fir~tPart has repr~sentedthat exce:!
U ~'K'N~~.IO.4~. In,~heduled~remammg land 15 free from all--
~ . ~ncumbranceS;ChargeS, pnor agreements and any other
" .-
,~~") 3t{ 10 ife, . h' S':;\\p ..{ ~) ':--'- .. ."u~~nsed .goatory
r
. ,
" ."." ~":-:t." ....",.":-i,,~,,~.r',""i' l~h)tI',~..'\n'~.~-:j~
development of residential project. Therefore, the Party of
the Fit'st"Part is''c~p~ble'ahd competent to enter into a
development agreement in respect of the Scheduled Land
(except Khasra No. 1045) with the Developer. The
restrictions! objections in respect of Khasra No. 1045 shall be
removed by the Party of the First Part and the Developer by
joint efforts. However, the all cost and expenses for removal
of restrictions! objections in respect of the Khasra No. 1045
shall be borne by the Party of the First Part.
H. The Party of The First Part has assured the Party of the Party
of the Second Part that it shall acquire entire Additional
Land free from all encumbrances, charges, lien, litigation of
whatsoever nature, .attachmentr no.tice of requisition or
acquisition and! or any other liability or liabilities and shall
register the sale deed in respect of the Additional Land in
favour of Party of the First Part.
I. The Party of the Second Part is a reputed .developer and
hence possesses requisite expertise resources in respect of
the construction and development of real estate projects.
_.'~.~.J. The Party of the First Part and the Party of the Second Part
have 'mutually. 'decided to develop a township project
comprising of residential plots over the Scheduled Land
(hereinafter referred to as "the Township Project") and the
Party of the Second Part, relying upon the representations
made by the Party of the First Part, has agreed to develop
the Township 'Project;'as per the plans to be. sanctioned by
the authorities concerned, at the Party of the Second;s cost
and resources in the manner and upon the terms and
conditions hereinafter provided .
. .'~, . ",
NOW THIS DEVELOPMENT AGREEMENT WlTNESSTH AND IT IS
BY AND BETWeEN THE
ForlIarano Service !.p,rtment3 Private Limited""'v:-C,0.. 0 ~'.,T'lfiq,ApilitII;el:[~ [1' ) Lli!
. Aalhonsed Sigo,tory
PARTIES HERETO AS FOLLOWS:
I) (i) In this Agreement the following words and expressions shall havethe following meanings:
"Effective Date" shall mean the date on which this Agreement is
executed by all the Parties;
...--:=:- - ....
~~
~
""Encumbrance" shall mean (i) any mortgage, charge (whether
'r"~'"":J" \- fixed or floating), pledge, hen, hypothecation, assigrunent, deed of
\
~ "'; .:. trust, secunty interest or other encumbrance of any kind securing,'.. ~.•. ",- ~'. ~" ,;\. "" cir't6lifetring any priorlty"bf payment in respect of any obligation
••••••."R "'A~'(ffi "- of any Person, mcluding without lunitation any right granted by a
transaction which, in legal terms, is not the granting of security
but which has an' economic or financial effect similar to the
granting of security under applicable Law; (ii), any voting
ag;:~eiiient; interest; 'Q'phon, right of first offer, refusal or tranSfer
restriction in favour of any Person; (iii) any claims (including .• ny
adverse"C1.iim"as to"title, possession or use or'relating to tenancy
rights), award, interest, disputes, notices, demands, orders,
judgments, gift, exchange, previous sale, notifications, any
desigilkt'ibn:' of' lo~t'lp'ay~~~"'6tj(;bi:hleti'ciaH~s: 'br,rl a:nYI "shriilar"arrangement under or with respect to any insurancepohcy;
..... , .. -,.
"Force Majeure" shall mean any event or combination of events or
circumstances beyond the control of a Party which cannot (a) by
th'J'~xer~iselo{r!ea~cin~blejldiligence'; ori (b)' ~~le~pite'th~"a(i'o#ti'6nlbt'reasonable precaution and/ Or alternative measures be prevented
or caused'to'be prevented, arid which materially and adversely
affects a Party's ability to perform obligations under this
Agreement including:. ," .. ";-;"111
(a) 'r-,or~'<"'~n~~,.!V;te.I n;H'!,,'. IS (P) Ltd..acts of God i.e, fire, draught, flood, earthquake, epideffiics' ", U .onand other natural disasters;
(b) explosions or accidents, air crashes and shipwrecks;
(c) strikes, lock-outs, civil disturbances, curfew etc.;
• (d~rar or enemyacti6\\ orte~6ristactiO'n;" ",,', ,1>.''"'''I''''''' .,'
.~~~*"-""","-'",._"~.,~,...., Vor Murano Service Ap"t~ent, Primte Limit,1< &'.:~~~;-~
~ ~:~~';lfq' , ~~~q~~1''1~e~'.,1,1, _
~~.:: ""!;,i'd'"<''''''' ( ~)l:::.~_.;!.!.~~'"
"
••••.•. '{ __ ~'1_~":.:. .,':,." .. ' ..•. l" .,'(e) change in 'Law, Rul~s and Regulations, injunctions or stay
granted by court of law or interim order by Arbitrator;
(I) non-availability of steel and / or cement or other building
material or water supply or electric power or like; or
(g) any event or circumstances analogous to the foregoing which
is beyond the control of the parties,
"Law" or "Laws" shall mean and include all applicable statutes,
enactments, .acts- of legislature or parliament, laws, ordinances,
rules, by-laws, regulations, notifications, guidelines, policies,
directions, directives and orders of any Governmental Authority,
tribunal;board, courr, and/hr'iu'lother authorities;'
"Person" shall mean any natural person, limited or unlimited
liability company, corporation, partnership (whether limited or
unlimited), proprietorship, Hindu undivided family, trust, union;
association, government or' any agency or political subdivision
thereof or any other entity that may be treated as a Person under
applicable Law;
(ii) Unless'the to'ntext of tliis Agreement otherwise' requires:
(a) Words' of any 'gender are deemed to include those of the
other gender;
(b) .words using the singular or plural number also inClude the
"plural or singiilar number; respectively; ! '''',''
(c) The terms "hereof", "herein", "hereby", "hereto" and
derivative or similar words refer to this entire Agreement or
specified Articles of this Agreement, as the case may be;
(d) The term" Article" refers to the specified Article of this.Agreement; ",,1,' .-.,, . ,,,.' .. ',--, ..•• , •.
(e) Reference to the word "include" shall be construed without
limitation;
(I) The Schedules/ Annexure hereto shall constitute an integral
part of this Agreement;.... ' \ .
(g) The recitals hereto shall constitute an integral part of this
agreement;
(h) If any provision in Article I(i) is a substantive provision
conferring rights or imposing obligations on any Party, effe<:t
shall be given to it as if it were a substantive provision in the
body of this Agreement; and
Reference to a document, instrument or agreement
(including, without limitation, this Agreement) is a reference
to any such doc.ument, instrun:tent or agreement as modified,
amended, varied, supplemented or novated from time to
time in accordance with the provisions; and
(iii) Where any act is prohibited by the terms of this.Agree~ent:;.\One of
the Parties will knowingly permit or omit to do anything, which
will allow that act to be done.
(iv) Where any notice, consent, ~pprova1, p~r!TIi.ssion or .certificate is
required to be given by any party to this Agree~~nt such notice,
consent, approval, permission or certificate must be in writing.
II) CONVERSION, PATTAAND MAP APPROVAL
l. That the Party of the First Part shall acquire Additional Land, free
from all encumbrance, charges, lien, litigation of whatsoever nature,
attachment, notice of requisition or acquisition and! or any other
liability or liabilities and shall register the sale deeds in respect of
the Additional Land in its favour, within 180 days fromthe'date of
this Agreement and in order to substantiate its title, shall submit the
original! set of true topies of title documents of the Additional Land
with the Party of the SecondPart.
,f
:."':T ~_(;m"!.:n!1~,i~\1~teAp:ll.tr£e~(PhlH£lt the Developer .shall .be responsible for. carrying out" thehV proceedin~s of CLU.(Chage of Land Use). However, in case any
~ r,:~f.!~~p,~te,daiiri;.objecli6n, court case or any other hurdle arises in
obtaining the CLUthe same shall be cleared and settled by the Party
O~~?\irst. Part and th~ D~~~l,operwith !~i~~~:f~~t~.~~~:~e~:;t;~ teLimitel~X'i:.,...,r, ~(_ k forMuranoScm<enp_,;u>en", nva
~..'.~)Ft, . ~ 1M.. l.r- .'~i:311.... . .. ,-{C'-q-.-1-.'.-1Q;-. Authorlsed.Sill"ator;
."'i'i.E"':" ( 3~ I'.'
",.,'"
entire cost & expenses for clearance and settlement of such dispute,
claim, 'obje~tio;C~ourt case'';r a~y-other hurdle in the CLU of the
Scheduled Land shaH be borne by the Party of the First Part.
iii. The Developer' shaH also -be responsible for obtaining map
approvals in respect of the Township Project at its own cost &
expenses. The cost & expenses for Patta of plots in the Township
Project shaH be borne by the Owner and the Developerin ratio and
proportion stipulated in Clause V(i) of this Agreement. However, ..
cost & expenses for the Patta shall be recovered from the buyers of
the plots in the Township Project.
qI) .REPRESENTATIONS, ASSURANCES AND WARANTIES
(i) The Party of the First Part hereby represent that except of
K.No.l045. the Schedule A Land is free from all Encumbrance,
litigation of whatsoever nature, attachment, notice of requisition or
acquisition and/or any other liability or liabilities and also.'
undertakes to clear all the disputes or defect in ;espect of titJe"of the
Schedule A Land, if any found, detected or occurs in future, at its
own cost and expenses and has agreed to keep the Developer
indemnified from and against all damages of any nature that may
occur on this account. In the event of (i) non-commencement and/ or."" _.,\.,
delay of the Township Project on account of any dispute and/or
litigation in respect of title, ownership of the Schedule A Land
and/ or due to' anyreason(s) nOlattributable to the Developer or (ii)
court stay on the development of the Township Project upon the
Schedule A Land or attachment of the Schedule A Land, the Party of
the lFirst "Pa~t''and tl~kIbev~i'oper"'shal1'rit~),!el'Jornt~;;ffbrt~Jt8'res'6iV~"'"such dispute/litigation and/or get the court stay/attachment
removed. Ho";'e~er,.the cost & expenses in respect of resolution of
dispute/litigation and/ or removal of the court stay/attachment
removed and the losses caused to the Developer due to such .
r~soi'ufibnl "or; .disp6tfe/htig~hbrt I a"Iia/~}llr'~(rrig~'~t'\3f'l'thel"co'J'rtstay/attachment shall borne and/ or paid by the Party of the FJrst
Par't. GheP~rtyof the First Part aI~o assures that the Additi~rial~\ .
/f;,..." 'o.rjfllT£nOS~rvi'~l/-~.~I'1~.I."'.' , "..'" ~~~. • 'J' '~.' •.••• I; '. - •. :.:!..:~.:~:td
~) . ..
[) / D;~~ct1r" 2/'
Land which shall be acquired by the Party of the First Part shall also
be free from all Encumbrance, litigation of whatsoever nature,
attachment, notice of requisition or acquisition and/ or any other
liability or liabiIities and upon execution of the Additional Land by
the Party of the First Part, this Article III(i) shall become applicable
upon the Additional Land also,
The Party of the First Part hereby agrees to keep the title of the
Scheduled Land clear and marketable upto and after the complete
implementation of t~isAgreement.r, . " :' !.
From the date of execution this Agreement the Party of the First Part
shall not:
(a) Transfer, sell or otherwise dispose off any. interest in the
Scheduled Land to any other Person or enter into an agreement
or similar ar;rangement with any other Person for the transfer,
sale or disposal of any into;est in the said Scheduled Land;
(b) Undertake any activity so that proceedings under any applicable
Laws, including those pertaining to acquisition, requisition and
land ceiling are potentially attracted in respect of the Scheduled
Land;
(cJ Create now or at any time any Encumbrance on the Scheduled
Land;
(d) Initiate, solicit or consider, whether directly or indirectly, any
competitive bids from an)' Person for the sale of the Scheduled
Land;
(e) Disclose any information pertaining to the Scheduled Land or
this Agreement to any other Person.
'.~~ .
Inthe event of acquisition of the Scheduled Land or part thereof
by th~overnment (State or Central) or any other Government
~. ,"",,", . ~ JI" For llurano Serrie< Ap"tmcnts Pri"l, Limite8"';,i,311$ifq~f~~ LA (W.. V-
.',11 J ~
'. (3r.m?! --
I"
'....~'.:,
instrumentality under any law (State or Central) in respect of the
Scheauied Ul~dimd/or'Township Project, the Party of the First
Part shall be liable to pay the following to the Developer:
i) The entire Security Deposit and
ii) 22% of the compensation received by the Party of the First
Part in respect of the portionlpart of Scheduled Land
acquired by the Government (State or Central) or any other
Government instrumentality under any law (State or
Central) or the expnesesj cost incured by the Developer in
resepct of the developemnt of the Township Project uptill
,.. 'the' aate ot "such 'ii'cqusition '0T' th,,:'Si::lieduled Uind;
whichever is less,
l
(iv) The Parties agree that they shall take all necessary actions and steps
required to give effect to the intent and transactions contemplated
under this 'Agreem,,;,'land 'wi/Kalil preju'dice to 'the generalitY <ifthe
aforesaid, they shall:
(a) Execute and deliver all necessary documents, deeds,
agreements, consents and approvals that may be required to
give' effect to the."tra.nsactions contemplated "under. ,this.
Agreenlent; andlor
(b) Pass all necessary resolutions and procure all relevant
approvals and consents as may be required, including but
not limited to approvals of creditors and, if applicable, any
. " Governmental, Authority; to, giye Ieffect ,to:"tne,.,transactions
contemplated under this Agreement; andlor
(c) Exercise all rights including voting rights to procure that the
objectives set out in this Agreement are achieved within the
time frame prescribed nerein,
(a) The Developer shall be responsible for constructing and
developing the Township Project from its resources and at
its cost or expense unless otherwise contemplated in this
Agreement.
(b) The Developer shall adhere to plans sanctioned by the
relevant Governmental Authority in executing the Township
Project, provided that the Developer shall be entitled to
make alterations/ adjustments to the extent permissible
.,
(d)
under applicable Laws.
The Party of the First Part shall extend necessary co-
openitIiiri to the Developer and do all such acts and deeds as
may be required for completion of all formalities concerning
the development of the Scheduled Land for purposes of the
TownshIp ProjeCt. .
The Party of the First Part recognizes and acknowledge that
the" De;'eioper"is making sti'bstantial investments in the
Township Project on the basis of representations,
undertakings, assurances and warranties of the Party of tll€Firs't Part: .,.;1 '1;',) ..~\\."
(e) The Party of the First Part sh"JI not commit any act, deed or
omission that may have the effect of canceling or revoking
the Power of Attorney executed pursuant to this Agreement,
6r""ila'~y' "'inanner prejudicing or' affecting the
power/authority vested in the Developer pursuant to such
Power of Attorney,
(I) The Party of the First Part shall not do or cause to be done or..i" .1- !'..:'- "" ".", . ".' . '. _. ...., .' .have any right to do any act or deed which has the effect of
interrupting the progress or completion of the development
01 the Township Project or which either renders the
Developer incapable of performing its obligations under theF ~rTt .f'Ir.:'nrl <\.r\J'1:.:e Ar':";iiG:;eL) t1" j Uti
~
.. "'. '1 P Agreement or increnses the burden of the Developer in
. L perfo~ming 'its obligatiOns under this Aweem~~t,' g~whihh,-,y IalIvltfSely affects the To;:"nship ProJect, Without prejudIce to
. ~ . th~nerality of the above, the Party of the FIrst Part shall "
~~~~;,.%.~'" ~~ For\luran' S",-,:" !.;",tm,o\' Pri",l' ."",l,d-~t"\. J'~~~" I o-J./si: . ~¥. ••• •.••••• ~~ e...,.e.... ~
l ~'.',,"3LI' , T](i; '.,,' ", Autlions,aSign.tol)',::.7.. I >
, '-. (~) --
'~T7~~. _ ~l"!"?m:--.~
';1.!4/' 'J,,,,:~t.,•.:.,.: I! .J, :;;1(I It\,. ,. . l. .. r-, I,-.J' '.
not eDter into any agreement, understanding or arrangement
with 'anY' Person (other' Hiari'with the Developer as set out
herein) concerning the Scheduled Land or alienate the
Scheduled Land.
(g) The Power of Attorney Holder shall obtain from the
Khatedars and hand over all the antecedent documents
including certified true copies of title deeds of the Scheduled
Land.,
Without prejudice to the authority vested in the Developer under
the Power of Attorney, the Party of the First Part shall, if
required, execute such documents and d~ such further acts as may
be necessary to e,nahle.theDevcloper.lO(i) raise loans and obtain
other facilities; and (iij enjoy the benefits and right; vested in the
Developer herein without effecting the rights of the Party of the
First Part in respectof ScheduledLand.
IV) DEVELOPMENT WORK
(i) The Party of the First Part hereby permits the Developer to enter
upon the Scheduled Land immediately upon the execution of this
Agreement and to carry put the development of the Township
Project upon the ScheduledTand as per the:rules, and regulations of. ',' .: '. . " .. :.j, .. ' .
the various authorities concerned applicable in the area and as per
the plan sanctioned by the authoriti.es concerned. This Agreement
shall be considered as irrevocable license (valid upto completion of
the Township Project) granted by the Party of the First Part in
Javouro( the Dev~lbper to enterupon.the Scheduled Land for the
'purpose of development of the Township Project or other incidental
works and to allow other agencies/persons to do so. The Developer
shall be authorised to obtain all the requisite permissions, sanctions,
licenses and approvals from various authorities (local, state and
central) oS may be cons'ideied'riecessary ..:The Party'.of the.First Part ..
shall provide all requisite documents and shall sign all applications,
forms, ~tter, affidavits, undertakings, representation, pla,ns,
\ .0~""'''_ ~G~~ FOll!uranoS'f'i;e !'f'st""nt' prj"t, Li""t,d
~/ 4f:~' ',~~im~ffig ..~ ••'.1' ----+.'i!Ii;. '- (~",." d ,,-
drawings, documents as may be prepared by the Developer and/or
their architect and as may be required by the various authorities
concerned, before, during and/or after the development of the
Township Project. The Party of the First Part has executed Power of
Attorney in favour of the Developer authorising it to obtain all the
requisite permissions, sanctions, licenses and approvals' from
various authorities (local, state and central) as may be considered
necessary, to develop the Township Project upon the Schedule A
Land and for all other incidental work relating to the development
of the Township Project. The Party of the First Part shall execute a
sinliI~ Po«,'er bf 'AttbrneY"j'ri ltav6ur"'oE '"th:e~Developer':~uth'6rfzmg'the Developer to db the afores.id works in respect of the Additional
Land wit~,in7diij's from the date of acquisition of Additional Land.
(ii) The Developer shall develop the Township Project upon the
5ched~i'ed'Lind a's'~er'lhe\\'br~s'of'Gbvernmenhift~f'()btaiiiing' all
requisite approvals, sanctions and permissions from competent
authority (Central, StatelJr localfsolely.at the cost and expense of
the Developer. The decision of the Developer in respect of the .'.;,;,
constmction and development of the Township Project shall be finalari~"lJindlri\g>' .....11 In :1'..... ~I, "I.). ",,:' .~ Ii 1\ I It ;\'~';(1 I,ll I .101 !t1O.', j~:",:,;
(iii) The Developer shall devclop the Township Project as per
specifications detailed in Schedule "B" attached hereto at its own
~os'f'&':~xpdnscsand 'th~'Tb',I~;ridhip'P;oje'ct'fsh'Ah~d~~nfiailY'b~'mka~'uniform as regards with the quality of construction, development
and mate~i~i"s'\ised. The De~e.loj;cr shall appoint architects,
engineers, contractors and other staff necessary to develop the
Township Project at its own cost and all Jiabilities in respect of such
~rchitect~:"'engineers, . cO~ltractors and other' st~If'-tind~r'- the
F." IIf'In: \' . }, provisions of any Statute such as labour laws, P.F., E.S.I.workmen,' .•~n[)'-'{;11l1Ce .'1.pxtx~nts (2~1 Ul .
I - compensation etc. shalJ be exclusively borne by the Developer.
~"Thp. ,~,"D~~ohPer Sh~! !d:~~f~'1,18e:~i,the;..~ofn,sltr~lth~t:,~~,~,f,,~hf~":~'~~~I~iPf..r roJect ,"\ U1a perlo 0 .mont"", rom e oate 0 approva 0
\ .~ ~.~ ("... <."'''!!.~'. ~r. /A For Muran,Ser~t:l~vate Limited~ • \\, ",,,,~,, ~ Cft ~ .~
4~~, ,{ "",.",q'flrq AuthoriacdSignatuy- '", fi~ •• ~- .
, (..:::;-..: l.ll"/-t ~ '1 r
~~ •..
~I'.L~i;~:\~'~
. ;
maps work of development subject to any delay caused due to any
event fallirii(Vifil1in the pUrView of Force Majeure or due to any
dispute/Court Stay/litigation in respect of the Scheduled Land.
Further, Developer shall be entitled to get 06 Months' grace period if
development would remains incomplete on conclusion of specified
24 months duration,
It is decided by the Parties hereto that the name of the Township
Project shall be determined by mutual consent of both the Parties,
The Developer shall be entitled to avail Loan facility from any
Bankj. Financial InStitutions"for development, .of'the"Township.
Project at its own level. The prospective buyer(s) shall be entitled to
avail loan facility by way of creating security interest in the plots
agreed to be purchased by such prospective buyer(s) ..
'.
V) ALLOCAnON
(i) The Developer and the Party of the First Part shall allocate the
developed Township Project (except the corner plots) in the
following manner:
, , "' ... '" .. '", ,
S.No. Area of Owners' Develriper's
Scheduled Allocation Allocation
Land ( in (Party of
Bigha) the First
Part)
01 60,05 to 75 76% of the 24% saleable area iJf
saleable the Township
area or'the Project
Township
Project02 .....11 76 to 95 '" 78'%"'0£ the 22'%'ofitn" 'saleable
saleable area of the, , ..
area of the Township Project
0 Township
..l"\
~~\
)D:'~' , ••~•.•I
/
03 96-100
more
Project
or 80% of the 20% of the saleable
saleable area of the
area of the Township Project
Township
Project
Township Project in ratio and proportion stipulated in Gause V(i)
hereinabove. Both the Parties shall earmark their respective
theFor the purpose of above, the Party of the First Part and
Developer shall earmark 'A'if\aleable Je~'~~V~11!'(~piceIn
However, in respect 01 the corner plots shall be distributed in the ratio of 3:1
i.e. 3 of the Party of the First Part and 1of the Developer.'
The Power of Attorney Holder and the Khatedars shall distribute the..-- ...••.
7"'~ ~c.'i:,:J,:,ners'Allocation in accordancewith their own understanding.'E'.r ",'
ft{~~Di'<):~;1:'.:.\~:' .
~'
allocation on 3 by the Party of the First Part and 1by the Developer
basis within 30 days of the approval of the maps in the ratio
.. '. '];re~c;ibed ih Clause V(i)"£bbve.'Ththe"ffrsrhl\i~d, out of allth~
plots first the Party of the First Part shall earmark 3 plots and then
the' De~eloper shall' earmark iis 1 plot. In the second round, the
Developer shall earmark its 1 plot and then the Party of the First
Part sha1learmark its 3 plots and so on. Thus, the Party of the First
Partl ariel' the' b~velopS/shaI~:h'av~"th~'Erst' rigl1Ft~'~1ir~'aik;plots ~~n3 by the Party of the First' Part and 1 by the Developer basis in
alternate rounds. The'area which cannot be divided proportionately
may be bought by the Developer at its option at the prevailing
market price. If the Developer is not interested to buy such area." :;0, ".1 ..•,. ",."\/;;:- ;1..\ .... Ii. !i"":l' ,,,,,:"d "J' .,,,' .-Ii .•l.,~
then the Party of tlie' First" Part, . if intere'sted, 'shall buy the
Developer's share at the prevailing market price. If neither party is
interested in buying such area, then 'such area shall be kept jointly
by both Parties and if this is not possible/ agreed, then the~_.-.ce 1\r.:u-iJJ:;znl5 (In'\ LuJl. II hi 'd / hird .].Fr.Y M'ft~:;n!l..,':1 J 1.~ eve oper can se ~ 5 area to outSl e t party at preval l;1g
.'.l\ ~arkei hiee; ~nd ihe'prbcUearth~'re~f shaij'~e!sBa-rt<dirhh~t~ti~-Y ~jnentlOned above:.The area so allocated shall be descnbed 10 more"y , detail in th~lans of the Township I:'rojectand shall be earmarked
kl~,~.,.. PorMunmoS,,,::: A~:;t",ni, ,rivat, Limited
~
. ~ ;? .'~"~"k~ Cu ~ ~"'" 'V-• \ I <!'~~Jh1Y _." .:rq . • ::rl~ >}:;'.,'\\,',t~(;i\"" ,'" ,,' . hAilth.mel! Si'g'nat.ry(....--.-.+.1 -- '..• ,.;,.. '1,11; •...~lS\1-it .?:~~'..i.::'-:\I\,.
(iii)
by both the Parties upon finalisation of maps. The Developer and-. _•... ,.:"". .:" ~ " . L' .
the Party of "th'. First Part"shall be:entitled to exercise all kind of
rights in respect of Developer's Allocation and the Owners'
Allocation respectively, without the consent of each other, including
the right of sale, lease, use, otherwise disposal or entering into
agreement to do so and accepting advance monies. Requisite Power
of Attorney shall be executed or authorisation shall be given and/ or
board resolution shall be passed by the Party of the First Part in
favour of the Developer or its authorised agents for this purpose.
Until execution of such Power of Attorney/Authorisation/boardresoiu'tiori,'. i'his' Ag;een;ditt; lits~If"shail" be' .t'r~~t~d;;i~'"be .. thJ ....'authorisation for such sale, lease or othervlise disposal or entering
into agreements or accepting advance monies.
The Party of the First Part shall, without prejudice to its other
obligationS}'co-operate' \Viiii"£hd~i.!ppciri"H;e'b~v~i3p~r;'fuliVandexecute and deliver the "Power of Attorney" at the time of signing
of this Agreement in favour of the Developer or nominee of
Developer which will inter alia, authorize the Developer:
:):.,., .~. ,., .•..•. :,.,., .•..,.: .. ,o, ..• t. ' .. 01",!."., ""i""I": l".(~,. ,I.• ,a', To sign, execute, enfer,Linto:' modify, cancel, 't'erminate, alter,
draw, and approve agreements to sell in respect of plots in
Developer's Allocation alongwith proportionate rights
development upon the Scheduled Land with such persons and
on such terms & conditions as the said attorney may think fit.. 1,"',. ";", .,.. ::1.',,"';l){ '''.I.'~" ,":r'J;II,',~~1..1~".'II.:.);..'.. I~.I/.'... ~r:-.l:.
and proper subject to the condlllons contalIled III the' saId
Agreement.
b. To detennine, negotiate, finalise and modify the terms &
conditions of the booking and agreement to sell of the plots in
Developer's Allocation. including;,.the,' tenns' 'I.related,,:to.,'the.
consequences of delay, levy of interest, interest rates on delay of
payment by the' prospective buyer(s), waiving off of such
interest, cancellation of booking, re-allotment of plots in
Developer's Allocation and to initiate and defend any legal.
pr~dings against '..and" by,,,.the.:.,huyer(s),ninl.Developds "
¥T'r::,,', ~,or !faranoS,;,,':" ,\r:::",n!3l'ri?,'e LimIted/" ,~w:"',&, f1 II , CI fJ. V-. ~"':--:;~~~ f.Q.{~ v~t4..
(~:~;;j~?'i:3q,,'(~i:~I~ ....,Aut£orjs1~%~tot"~ts(P)LtJL.~)k'
•
Allocation, at their own sole discretion and without any
interference froin the Developer or any person claiming under
the authority of the Developer.
c. To accept any/all advances/monies/consideration or other
payments in respect of the plots in Developer's Allocation on
such terms and {or such consideration as the Party of the First
Part may think fit and proper and to do all things necessary in
relation thereto ..
d. To present the documents for registration and admit the
•e,,~cu.tj?nof ~uc!>.:,d?cVI.'Jen.ts:b!'.fprl',tJ:>",~J"'l'r{)BJ:i~t".~'!.th!?':!ty,i,',' '" .• '.. '". ,. : .'
e .. To. sigrt ..9\\ tJ;t~ lJ:ipartite sale .deeds.for the sale of plots in' the
Developer's Allocation as per allocated shares with each
purchaser on behalf of the Developer.
: '. '.' .. ', ... .. • I. L:. t~ ':_1.:"l._}~.1:' •.••.•;.:./ ':;-,) ~{{-.ri~~,",-,~;.:'.ii..~.:.~).';'" ~:.,'I~".:":n.,:",,:-",;1,1~ .~.~' ~~ ,":i", ,"y .•.:'\:':.::> .I.~':~.".
f. To do all other acts, deeds 'and things that 'is incidental or
. ancillary. ...to .or. necessary in .respect of the above mentioned in
accordance with this Agreement.
'., ,. " ..{iv.J..:.. 'T)1e Dqv~)oper :shall' .supply 'a:s.tand<>.;d j'lerforma. bf 'ag,reeI.'Jen!w, ,.., ... .." . ,"" -."' ,', ",". '. ..'.
sell/sale deed to be executed 'in respect of sale of units/plots/area
of the Townshi.p Project by the Party.of the First Part. The Party of
the First Part shall adhere to such Performa so that all occupants of
the Township Project may have uniform rights and obligations in
,"Tespect'of.r~~p.ectiy~.iini,tsj;ar~a~".' \ ,. ".~,,:'. . , .
(v) The Developer .will .complete the entire Township Project in all
respects including work related to, roads, drainage system, sewer
and water lines, electrificaHonr boundary wall, permanent office etc,:.: ," •••• '.f~,. ,'.':.j, :, ", ;" '
" i',"
,Vi) The Developer shall also develop a club house, park and a temple in
\ the Township Project on the completion of the project The Party of_~*~ First Part and the Developer shall run and operate the club
. • .~ hou.se ~ts own a~d. ~hau .dis~ibute .all reven~es therefro~~. ."
~~
. , :. , . ,. '"on\3 ?rint, Liinlted,.- Por M.uranoSti"l~~ ...~..•r, ••.". ,
/' •••."'~., ~~ fJ. ",~" ~ <---$:~ ,••.•.:-;. L..eA.~ \I"'~vv~,,<..'~:'~, v . Authorised SienatolYr '..l"i' ),-,",Y'1'llf -li;.; (")~~
<.
accordance with the ratio prescribed in Clause V(i). All lifetime
charges 'and/or'slicurity 'depo~it;'iri' respect of the plots in the
Developer's Allocation shall be received directly by the Developer
from the buyer(s) and vice versa.
VI) SECURITY DEPOSIT
S.No. Amount (in Rs.) Time of Payment
1 1,00,000/' .At the time' of' "execution of this
Agreement
2 15,00,000/ - On or before 15-05-2011
3 35,00,000/- On or before 30-05-2011
Total 51,00,000/-, .., '" " ,,,'" >' .. ,.,. " ... , .-.--,
(i) The Developer shall pay a sum of Rs 51,00,000/ - (Rupees Fifty One
Lacs only) towards interest free refundable Security Deposit
. .~ (hereinafter referred to as "Securil1jDeposit") to the Party of the First
~
~.; Part in the following manner:
..{g(",.,r;-Thl: '. '''-~.,t 'i -'~;I 0'\ ,, ' '. I'I '+ ••.•
\~.':~:~~#
The receipt of first Rs. 1,00,000/ -(Rupees One Lac only) paid by the
Developer "(l()' 'ihe'd~te of execution of this Agreement through
Cheque No. \ 6&$'60 dated n(~drawn on Axis Bank
Ltd is hereby acknowledged by the Party of the First Part.I ;,I",!',,,: . ,\:. !'lU" 1.11\\" ,,,:1 v\.,'lull;,'11 'I~: ~J;l:,
(ii) The Security Deposit shall be refundable within 45 days from the
date of la';()ch "f the Township Proje2t.
(iii) In the event of Party of the First Part's failure of refund of Security
Dep~sit as stipulated hereinabove of this 'Agreement within the
stipulated period, the Party of the First Part shall surrender
additional 1700 sq. yards. area out of the Owners' Allocation in the
Project (hereinafter referred to as "Secured Area") in favour of the
Developer and the Secured Area shall also be deemed to be
Developer's Allocation and all other provisions of this Agreement
relating to disposal of such area shall apply accordingly.
Notwithstanding any thing to the contrary mentioned herein, the
,
rty of ~ First Part shall not be entitled to sell, lease, use, dispose" .
\
} ~, ForMuranoS",!:o i,putmenl, Pm,te LlIIllted~ ~~~~
"",~""' ...w;~~ I-, \ ' "n"" I ' . rll'I'~J ..:..-'': ,..,' '~') IlJi.....t r-"'.... . ,< \ U~~ n~nJ([:eA!~futffi~JJlS\.l. ..l. : ' .'3'i :qo ~q;:UI(Q •".'Aulhorised~ignatDlJ'~.~ . .",.~~i •...- ' -,:? ~~~
~'~.... ,,''"..•.1, - •••• '•• >,
off or take the possession or to give or to create any right of
possession of the Secured Area in favour of any person.
VII) TAXES, RATES AND CESS
(i) Any taxes, duties or other dues in respect of the Scheduled land
upto the date of t~Js Agreement shall be the sole responsibility of
the Party of the First Part and the Party of the First Part shall keep
and hold the Developer indemnified against all/ any
losses/ damages caused to the Developer due to the non-payment of
such taxes by the Party of the First Part,-. - .. -."' .
Each Party shall strictly be responsible for its own Income Tax
Liabilities or other liabilities, if any, and shall keep the other Party
thereto indemnified'from and against the same'at all tirrie,
(iii) The service' iaX'liabilitY in respecf iif Owners' Allocation, if any,
shall be paid and borne by the Party of the First Part. However, the
Developer shall be entitled to collect service tax directly from the
prospectivebuyer(s)' in ;'a t~'ep'~riite'ac.:"dllt ~nil"i1~posii"~itli fth~' "Government.
(iv) However, tripartite agreements/ saJe deeds/lease deeds shall be
executed with each purchaser by the Developer and the Party of the
First Part' f6t 'the:saie~'1~a1e:t;i Plot~10£ the tHwn~hip'Pi8ject ."
VIII) HOARDINGS ANDS1CNAGE'
(i) Immediately after execution of this Agreement, the Developer shall
be free to set up siteoHice, put up the hoardings/boards, bring out.'t' i..'.".;\(- I':,', :.J fli'.l'~'\~',~;-.I:1.:.ll:\llit '.i.hi. 11,'1'11.'.11.. \.,11:1:1:11:
brochures and COmmencethe marketing of the proposed Township
Project from the date of execalion of this Agreement. The Developer
shall be fiee to advertise the Township Project in whatsoever
ForMurano Sfrric~,1p2.rtments Private Limited
(ii) The Developer shall be entitled to display the board/hoardings of
its group'~orrip~nies at the site ohhe Schedule A Land/Scheduled
Land, as the case may be, at any time after execution of this
Agreement till the date of completion of the Township Project and
thereafter on any portion of the developed Township Project.
TERMINATION
After completion of the Township Project, any revenue/income
generated by setting up of hoardings and/ or advertisements in the
common area of the Township Project or any other revenue from
the Township Project shall be shared by the Party of the First Part
and the Developer in equal ratio.'-. ,~I•.. '::j'" ,,:.:, ., •. :;:.,.l"""""'l>~ .. ::.;.)'r::.; ~.:;I.'.f'
(iii)
If the Party of the First Part fails to settle/ clear the dispute, claim,
objection, court case or any other hurdle in obtaining the CLU in
respect of the Scheduled L.and/Schedule A l.,and.asthe caselI)ay be ..'. , . ,: I . ., ,':~ •. I \, .~. " "'. '. '. , '"1 '. . ;'('\' \'! "":',", . '," "
within 3 months from the date 01 such dispute, claim, objection,
court case or any hurdle, the. Developer shall be entitled to
terminate this Agreement in accordance with Clause IX(i) of this
Agreement, the Developer shall be entitled to terminate this
Agreement after serVing a,prior written noticeo! 7 days at its.sole
discretion.
(ii) In the event of failure on the part 01Party of the First Part to settle
the dispute /litigatIon in respect of title, ownership and/or non-
commencement of .the Township Project. and/ or)o ,remove .the,
Court Stay on development upon the Scheduled Land within the
. period of One Year from the date of notice of such
dispute/litigation/Court Stay to settle/remove the same, the
Developer shall be entitled to terminate this Agreement which
termination shall be without prejudice" to all.other rights and
remedies available to the Developer under this Agreement or any
other agreement or under the process of law or equity.
•
(iii) In the event of breach by the Party of the First Part of any other
WairantIes " and/ or. bbligations' under this .
Agreement the Developer shall issue a written notice of 7 days to
the Owner for rectification of such breachj default. In the event of
failure on the part of the Party of the First Part in rectifying such
breachj default, the Developer shall be entitled to tenninate this
Teement, which termination shall be without prejudice to all
other rights and remedies available to the Developer under this
Agreement or any other agreement or under the process of law or
equity. I
In the event of termination of this Agreement by the Developer in
accordance with this Agreement; the Party of the First Part shall be
liable to refund the entire Security Deposit and all the,.,.;, ,',.. ~.: .'. " ".I.~.,'.-.. ['::.'\ ,', ! ...• ['r!,.:"'!'.:!} 1:!.j'l L,..,.I'.', ..11" -j-'.h.costsj expenses Incurred by the Developer till ternunation on the
development of the Towoship Project as per this Agreement to the\
Developer.
(v) In case the Party of the First Part is unable to pay to the Developer
. the'dmount specified in Ciause IX(iv)of this Agree~eni,the Party.of
the First Part shall be liable to pay the same out of the sale proceeds
received by selling the Schedule A Land/Scheduled Land to a third
party. The Developer shall be entitled to continue to hold possession
of the Schedule A Land/Scheduled Land uptill complete recovery," I.' .,', ..1 ' ",;:,.ll.,,"fl' :,.; l.' ..(.r'Il J •.. (:.,i".>I: ..•., t'" rl, ••of the amount of hqUJDated Damages, S€cunty DeposIt. and the
expenses/ cost as stated in Article IX(iv) andj or any other Article of
this Agreement.
(vi) The Party of the First Part shall not be entitled to change, modify,q .", '.' .. ".,'" ..,:,,>,'. :, -!.:. -.,I-r1;'i""\"":;~"I"\:111"I":"'.l.,."i;';",.revoke, termmate or canc~l tK;~Agreement for any reason or on any
ground.
X) MISCELLENEOUS
(i) If the Township ,Project):ould,.not..be under,taken.,due, to",force.
J:' .. y F:,,-- ~' ~ A Maj'eure then no party shall claim any loss for expenses mcurred
'k~\~,x~n~(~~J(~ ~ .. ~ ~;:::~ ForMllranoSmi" I.p.::":::' Private Limitedr ~>-'-;:"*.;;,.~,.~~CA ~ ~ev. V
~" •.,!.~•.; ,.' 'v ,,,,.,,, .". '.':, ." 'Authomed Signatory
".,:Iq , '1'I~ \,'(~l - .
'.:~'.' .~,
(ii) The Developer and the Party of the First Part have entered into this
Agreement. on" Principal .10 PrinCipal basis only and nothing
contained herein shall be deemed or construed as constituting a
service contract or a partnership or sale or transfer or property
between the Developer and the Party of the First Part or as a joint
venture, between the Developer and the Party of the First Part nor
shall the Developer and the Party of the First Part in any manner
constitute an association of persons,
'.. ;:.: :
(iii) The correspondence between both the Parties shall be addressed to
the addie~s"ineii'tioiicd' on "th,,-Pagit NO.1 of this Agreement as
registered office address, If in future there are any changes in the
address as mentioned either party has to inform to other about the
ci\ai.g~swithih sev'cri'daYi~aucii chknge~:ui\d'~h~~gist~fei:ll'o~F:' , ,, , '
(iv) All the terms'ane! conditions i>fthis agreement shall be applicable to
all the legal' heirs, Legal representatives, Directors, Shareholders,
agents, attorneys of both the parties.
".' ,:'.' ... :, . . ',' '.' ....
" :.• ' .:. ': '.' .:." .<' .
(v) This Agreement may be amended only by an instrument in writing
si'gnea" 'I)f' 'the"parties heret6' or "by the duly authorized
representatives of each of the Parties,
, 'j (vi) . ':ii' ..~.~ -j "~;d~;f~ion;'~~}:\~ltfJ~',~'Xgir~~~.~~t;:~~iS~'1{~l~r.f~J;~~~\~.~ti~alj~:-t.:or_~'.unenforceable. such invalidity or unenforceability shall not
imialidate"H-iis'Agreemenlas ,•.'wilDle,but 'this Agreement shall be
construed as though it did not contain the particular provision or
provisions held to be invalid or unenforceable,'. , .. ' '.' ," , ,.. , ..... , "':.' .':.'
(vii) The cost of stamp duty and registration charges 0( ihi~ Agree;"'ent
shall be borne by.theDeveloper" , '
(viii) This Agreement is subject to the Jurisdiction of Jaipur bench of
" .. ' Hon-'ble ,Rajasthan' High, C9Ur,bot.,any suborcjinate;Courls ,*1,J~ipur,
(ix) Any dispute, difference, controversy or claim ("Dispute") arising
between the parties out of Or in relation to or in connection with this
agreement, of the breach, termination, effect, validity, interpretation
or application of this agreement or as to their rights, duties or
liabilities there-under, or as to any act, matter"or thing arising out of,
consequent to or in connection with this agreement, shall be settled
by the parties by mutual negotiations and agreement. If, for any
reason, such dispute cannot be resolved amicably by the parties, the
same shall then be .referred to and settled by way of arbitration
proceedings in accordance with the Arbia:ation and' CondliatiOli
Act, 1996 or any subsequent enactment or amendment thereto (the
"ArbitratfOl; Act"). Each of the parties shall appoint an arbitrator
within 30 days of the receipt by a party of the other party's request
to initiate arbitration. The two arbitrators so appointed shall then
jolritiy op'i,oint a',tHird' d;bitrator WiiJ1jg"i~' 'd1ry~"of"th,tdat~ 'C;fappointment of the second arbitrator, such third arbitrator shall act
as the chairman of the tribunal. Arbitrators not appointed within the
time limit set forth in the preceding sentence shall be appointed in
accordance with the Arbitration Act. The three arbitrators appointed
iri pur'suaiiee' of -this' 'Cl~use"'shalll'be l R~'reih:<:t~fer~~d'-td~la~l\l:/~jie'.Arbitrators" or "tlte Tribuna/". The decision of the Arbitrators shall,.be final and binding upon the parties. The venue of arbitration
proceedings shall be Jaipur. The language of the arbitration and the
award shall be English. The cost of Arbitrators appointed and other; I: \ . .'. ',. • I•.. " ".r ,i 1'1:I' ,.. • ' • J,;;, . ,I :.:; -: '1-1,', ..'".I '11,,_, (I l'rl- _'"
cost of arbitration shall be'borne'by the parties iIn!qual proportions.
<! .' A IN WlJ;HESS WHEREOF both the parties put their hands and seal on(:.,7 ll-.k;r.:rifj .,i:!nr~ee,~p:l.l-t•..m~nt; tl' j tIlL ,
\ the day date first mentioned above in presence of following witnesses. .,
\. n:~"~'Jj ';""'~ ,. ."1,.. , I .... '. "'irMui •• "3e;ii=~eL,mlt'd
t\ .".JV'.. ~, ~ ~...." Authorised Signatory.Y\/ ff" .•... " •• ~~ e~i
~, ::;q" {3~~O ..••..1, \" j.. .
)
Signature
(The Developer)
through .it'~-Director ....•. ... .'~ ' .-,..il'~{:f;~~f.;i'i'B.te Limited'or y.uranv IJl':r'i1:~;j.~ ••.••:.J,;. ,~ ••
~ ~jhA ~"" t--- -"'"--------'Au-tborioed Signato!J4.
Witness NO.1
Witness NO.2S. k .-rR./P~TH}. J.j..J->, .O,P,TR,IPft-1l1/
. [; - '2.?J i. ISs >nN 0_1""_- S rrd r.JA r'::I~
Description of Schedule Land
07-10.00
04-16-00
07-05-00
/'7i:<:fif'~l~/:;;:';~.>~~rt::( \.<~~.i~~'
•.•• : • .1./- '{'.', ~.T" ,:. :'~"
Khatedar A\ ~:;."'~:// JS,mt Binadev; w/o Snr.t..~,nl'r~'~l(l; ,<;/Agarwal !!. ~~;rAge 55 yrs and SlOt Lalita Ag~ wloShri Ashish Agarwal age 25 yrs rioChandra Colony, Madangunj Kishangarh
I (Ill)Jatandevi Chajed win soo PannalalChajed age 57 yrs, rio Chandra Colony,Madanmmi Kishanoarh (I 12) , ",'Pannalal Jain s/o SOOPoonarn chandchajed, age 60 yrs, rio Chandra Colony,MadanQuni KishanQarh (]/3)Sri,t Santosh Agarwal win Shri AmitAgarwal age 30 yrs rio Chandra Colony,Madanmm; KishanQarh (]/4)
Shri Surender Kumar Maloo age 47 yrs,l'vlahendra Klimar" Maloo'age 44' yr'" sl6Shr; Omprakash Maloo M-75, AnasagarLink Road, Aimer (l/5) .'Shri Hariprasad Agarwal HUF , throughKarta 'I-!ariprasad Agarwal s/o ShriRamgopal Agarwal age 60 yrs rioChandra colony, Madangunj Kishangarh(1/6) :~"'shish Agarwal, ..'H1JF' ,through. -.-Kana .,ji,shish Agarwal age 29' yrs, AmiiAgarwal HUF age 32 yrs s/o ShriHariprasad Agarwal rio Chandra colony,Madan"uni KishanQarh (117)
.__ Hariprasad Agarwal slo SOO RamgopalAgarwal age 60 yrs rio Chandra colony,Madanguni Kishangarh (l/8)'lJin'adey;" wJo" shri' Hanprasad' Agarwal,
I ~ge '55 Yrs r/~ 'Chandra ' colony,j Madangunj Kishangarh (l/9)
SCHEDULE "A"
Rakba04-16-0005-16-0001-19-1005-00-00
00.18.0000.16.00
01-14.0001-1"':0002-10.00
01-13-0007-01-00
02-01'00
02-05-0002-10-00
60-05-00
S No Khasra NoI 9302 10293 9904 1023
5 929
TOTAL
7 9498 ' 950
6 1028
12 948
9 94710 98911 991
13,. 95114 1024
17 1045
15 104616 1047
,.../
-'.,
'or lIorano Serrice Apartments Pri'late Limited
",i",,~~~ ,
':," ,:' '~uthoti,~dSigilatory
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k-'J ,:.' SCHEDULE IiHf! !tr-/~\~.:p" .lir ' '
Specification of Proposed Development WO[~ <:,';~t.\" 1.<''-C.. )
. " ~.'''A:'SPECIFICATION OF PRPOSED DEVELOPMENT WORK "<.~~.
1. W.B.MRoad.
2.
3.4.
..' :.... -.-:'5.
6.
Underground electrification including Road Lights work.
Sewerage Line.
Completely Landscaped gardens as per design of landscaping
cpns.uHants.,". ". . ,: ': :'." ".:; •....;. '.. :.:!; ::.}.:: :'.~:: :':: I.....~ ': "'.. :;~:.:.l.,:,":,,::,:,:~?;./ ~".:: .:.:;...•i : :,i... :.,':.';'-:-:: .. ~Drainage system.
Construction and erection of Main Gate as per design or
Architect.
7. ConstruCtion of Dividers and Footpaths.
;:.:" ;.1 • ',' '-.8.
9.
, ... ,. :~:'.
10. Construction of overhead tanks including underground water
supply line 'a,ndtube wells etc..
11. Any other work as specified by consulting architect for benefit
. of over .alltownship.s.cheII)e.. "." .. '" .. ,,-. '''",' '.'......
.' ,"'
Forl!uraooSmi,: Apartments ?rivate Limited
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(6) m~m ':s::~~~.~ ..\(7) l{1t<{Cl'<~4'>Iq.,(~~'-q;{mrt"*)
~m, cnftm~~~<fit1fuf(8)~~~~~<fitm(9) ~ f<lf<m %R~ 3m!(~ ~ l1GT'Gif <fit
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M 292124
-'-,- ... -
"~ ",. ~rPOWER OF ATTORNEY ~.
m
o TO ALL TO WHOM THE.??:RESENTS SHALL COME, We
i) Sm!. Binadevi w/0 Shri Hariprasad Agarwal aged 55 years R/oChandraColony Madanganj-Kishangarh ("Khatcdar No.1");
ii) Shri Hariprasad Agarwal, S/o Shri Ramgopal Agarwal aged 62 Resident ofChandra Colony, Madangahj, Dist. Ajmer; ("Khatedar No.2");
.•...iii) Smt. Santosh AgarwaF tv! 0 ,Shri A'mit Agarwal aged 30 years resident of
Chandra Colony, Ma~,ii~gaIij,Dis!. Ajmer; ("Khatedar No.3");
iv) Shri Ashish Agarwal HUF through Karta Ashish Agarwal S/o HariprasadAgarwal aged 30 years' resident of Chandra Colony, Madanganj, Dis!. Ajmerand Shri Amit Agarwal HUF through 'Karta Amit Agarwal s/o Shri,Hariprasad Agarwal aged 32years R/o Chandra Colony, Madanganj, Dis!.Ajmer ("Khatedar[\Jo. 4':2;.,..... _.: "
';. ,: ,"" " ; " - '; FGf Mll!"'clW S.:ervice ApJl1mc:H$(j' j Lw.v) Shri Hariprasad AgarwalJ;lYF through Karta Hariprasad Agarwal S/,0 Shri.
R~mgopal A,~arwalag~.~..6~r~JS resident of Chandra Colony, Ma '.' a1' \DIS!.A mer ( ~tedar No,,:2,) ;.,~,,, .. ~,:•.
~ •• ,;::~ ~~';"". ",~.--.., .• "" ForMorano..Service ApartD:I8llll~"'-; ''-''s.,'",'", .' ',I' J. f'\ L----\1;;'1.," 3tl' '"'I''' r A ~'~a,.,
" "" . ' , I '" L.<:-1 ."""';i'j ,'~ ",," ~r~~{::)!x. ( ~) .__' rt:;i"~~~i;~Y;~~~~\.Authorised Signatory
~!~~,~.~hXh.'t:.
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.J;Tlt '1~ •__'.: ,}~iG~...j-:;" _..... .~::: -!;.() )t"" '11" _' --:\5.\!J:--t> ~.-'.'-.-~A~ . -=-- -~L--
l'" ..;;;\~~~i."'-Ii- '"_.; \,) •r ~ ~~l,'f' }
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,\.
vi) Shri Surendra Kumar Malu & Shri Mahendra Kumar Malu 510 ShriOmprakash Malu Resident of M-75, Annasagar Link Road, Ajmer("Khatedar No.6");
vii) Smt Jatandevi Chajed wlo Pannal"] Chajed aged 55 Years Resident ofChandra Colony, Madanganj, Dist. Ajmer ("Khatedar No, 7");
" viii) Shri Pannalal Chajed 510 Shri. Poonam Chand Chajed aged 60 years~ ---,:--'" resident of Chandra Colony, Madanganj, Dist. Ajmer ("Khatedar No.8") and~.{'3~~',1):<\
(4:/ ["..,,:,.:\~,\tl':.slnt. Lalita Agarwal wi a Shri Ashish Agarwal aged 28 years residing at,.'[:;( ':. :' ,'o'Gt\andra Colony, Madanganj, Dist. Ajmer ("Khatedar No.9")•. . , I .." I .••- I '. I
\ )"
'~}~-i'their Power of Attorney Holder Mr, Amit Agarw~ls/o Hari Prasad
Agarwal Rio Chandra Colony, Madanganj-Kishangarh proprietor' of Tirupati"s
Real Estate Co, having its office at' Agarwal House, Chandra Colony Madanganj-
Kishangarh; SEND GREETINGS:-
. .'
',i..1 •. ,..••. l! . ';., .•:lt~.<. hd~\"I' .. :'I.d ;.11 ';;i''',
WHEREAS'
A. We have entered into a Developrne'ht" Agreement dated 21.04,2011
(hereinafter referred."to as "Agreement") though above named power of. . ~
attorney holder with. MI s .Milrano Service Apar,trnentsl Private •.Urnited" a
company incorporated under the provisions of the Companies Act, 1956
having its registered office 8th; TheMilestone, Tonk Road, jaipur through its
director S. Vibhishek Pal Singh sl a S.'AjayPal Singh rio 8-68, Yash Path,
Til~k Nagar jaipur duly authorized by ;i~:Board of Directors [Hereinafter
referred. to as "the Dev~loper'"in this' Agre'ement, which "expression .shall
unless the context otherwise requires include its successor(s) and permitted
assigu(s)] for development of-a residential township project comprising of
residential plots (hereinafter re[eued to ~s"the Township Project") upon
combined parcel of land comprising various parcels of land owned by the
Khatedars ahd aggregating' to '.,ouna 60 Bighas'sit1iated' in village Jatli
Tehsii and District Ajmer (Rajasthan) as more particularly described in the. :',;.".:"
Schedule "A" attached hereto"and hereinafter referred. to as JJtlte Scheduled• ~'-_'I" ,
;- ~ •••..~,Ii '
"
" .
.frJ;~l'!!"'~:':'
•''''~:i..,.., 'l- '. !~.'!t.
,,' ,..
P~rM"""", S"",jce Ap:litments (J') LIli.
\f •Director
B. In terms of the Agreement, we have permitted the Developer to develop the
Township Project over the Scheduled Land in accordance with the rules,
regulations, permissions/approvals and building bye-laws of the local
authorities and to sell the plots in the Township Project to the buyers on
such terms & conditions as may be deem fit by the Developer.
,=::::--....
h' 0ffl ~\ In order to facilitate the process of the development of the Township Project,,:1 '~;t r~~'0 get plans of the Township Project approved from competent authority\:.'\..:t~;~~.:.,and other authorities concerned for the related works required in these
~~ devel.opment activities and it~appro.val we here~y n~millate/ constitute and
appomt M/ s Murano ServICe Apartments Pnvate Lmuted a company
incorporated under the provisions of the Companies Act, 1956 having its
registered office 8"' >loo" The Milestone, Tonk Road, jaipur through its::'1:
director S. Vibhishek Pal Singh s/ 0 S. Ajay P'\I Sil,)~ r/o B-68,Yash Path.
Tilak Nagar jaipur duly authorized by its Board.of'Directors as our true and
. lawful Attorney (hereinafter' referred to as"'1,tffl'said Attorn",}!s)") to
severally and independently do, execute and perform all or any of the
following acts, deeds and things:
1. To obtain any/all necessary,p,ermissions, f.lear~'1c~s,.4PProv~s .~I1d. , .
sanctions from concerned authorities (Centr~, State or local) for
carrying out the development in. respect of the Township Project
upon the Scheduled Land and to :allow other persons/agencies todo so.
,. I,";;,',.
2. .To use his/their own name. as the developer/ the said Attorney(s),'0 ,;
at all times, in respect of the Township Project.
3. To prepare plans for development of the said Township Project and
submit the same to the MunicipalCorporation, Kishangarh and other
concerned authorities for obtaining the necessary approvals and .. .A:ui r.Cii[$ \1"'} LlU.NOC and, if obtained, to submit proposals f~om,.ti"'jMo;itiRleefdP \
amendments of such plans for Obtaining approvals- to su tPor Murano St:ri'lc: Apartmcn Private
CJ2r ~ ~~"d Signatol}.' . .,
--'
, ",'.
4. To supervise the development work in respect of the Township
Project on the Scheduled Land and to carry out and/or to get
carried out through contractors, sub-contractors and/ or
departmentally and/ or in such manner as may be determined by
the said Attorney(s), in accordance with the plans and
specifications sanctioned by the Municipal Corporation, Kishangarh
with necessary and/or permissible deviation and from other
concerned authorities and in accordance with all the applicable
rules and regulations made by State of Rajasthan, Municipal
Corporation, Kishangarh and / or other concerned authorities on our
behaU for the time being in its/their own name or in our name or in
the joint name.
5. To assign the development rights to any of developers' sister / or
group concern in respect of the Scheduled Land.
6. To authorize or to grant license to any of developer's sister / or
group concern to enter upon the Scheduled Land for the purpose
of development of the Township Project upon the Scheduled Land.
7. To enter into and execute a development agreement in respect of
the Scheduled Land with any other developer and to get the same
registered with the sub-registrar.
8. To carry on correspondence with all concerned authorities and
bodies including the State of Rajasthan in all its department"
Municipal Corporation, Kishangarh and/or town planning
department or other concerned authorities .
.9. To appoint from time to time Architects, R.c.c. Consultants,
Contractors and other personnels/ professionals and workmen for
carrying out the development of the Township Project and to pay
their feesl consideration monies, salaries or wages in its/their own .,
nom\,), "~or in our name or in the joint name.
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10. To pay various deposits to Municipal Corporation, Kishangarh and
other cOncerned authorities as may be necessary for the purpose of
carrying out the development work on the Scheduled Land and to
claim refund of such deposits so paid by the said Atlorney(s) and to•
give valid and effectual receipts in our name and/ or our behalf in
cOnnection with the refund of such deposits in its/ their OWnname
or in the name of Municipal Corporation, Kishangarh or in the joint
name.
11. To approach the cOncerned authorities and offices of the Municipal
Corporation, Kishangarh for the purpose of obtaining various
permissions and other service connections including water
connections for carrying out and completing the development of
the Township Project and also to obtain water connection and
service connection to the said Township Project.
12. To make necessary applications to R.V.v.N.L and concerned
authorities for obtaining electric power for the Township Project in
its / their own name or in our name Or in joint name.
13. To make 'necessary representations including filing of objections
and appeals before the land and building department and other
cOncerned authorities including Courts including writ jurisdiction
in regard to the fixation of reasonabl.c value in respect of the
Township Project or any portion thereof by the said assessing and
collection department in its/ their own name or in our name or in
joint name.
14. To apply from time to time, if required, for modification of
Township Project plans to be developed on the Scheduled Land in
its~wn name or In our name or in 10irlit-namC"M~,~(,';ceApartments ~P)tirl
V~,. 'orMutaJ:oS' '1~.i~.dtJ~
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15. To give such letter and writings and/or undertakings as may be
required from time 'to time by the Mtirucipal Corporation, Kishangarh
and/ or other concerned authorities for the purpose of carrying out
the development work in respect of the Township Project thereon
in its/their own iiame or in the name our or in joint name.
16. To make application for water connection ,electric supply, gas
connection and other incidental requirements, which rThlY be
required for the development of the Township Project in its/their
own name or in our name or in joint name.
To apply to the Controller of cement and steel and any other
authorities for the purpose of making application for cement and
steel and other materials and procure the same and for that
purpose to give such undertakings or execute such documents and
applications as also to correspond with and do such other acts,
matters and things as the said Attorney(s) may think fit and proper
for the purpose of developing the Township Project on the
Scheduled Land.
18. For the Township Project, to accept service of any Writ or
Summons or other legal process and to appear in any Court, and
before all Courts, Magistrate or judicial or any other officers
whatsoever as by the said Attorney(s) shall think advisable and to
corrunence any action, or other proceedings in Court of Justice or
authority and the same action or proceedings to prosecute or
discontinue or become non-suited therein into settle, compromise
or referred to arbitration any suit, action or proceedings as the said
Attorney(s) shall think fit and if the said Attorney(s) shall see
cause.
19. To appoint pleader solicitor or Attorney(s) or lawyers to appear
and in any court of justice or before any or revenue or other
officer(s) ~ any state or local authority and to revoke such
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appointment and to substitute any other in their place and stead.
20. To sign, verify and execute plaints, vvritten statements, counter
claims, appeals, reviews, applications, affidavits and paper of every
description that may be necessary to be signed verified and
J~~ -::_. executed for the purpose of any suits, actions, appeals and
l':',~~'. proceedings of any kind whatsoever in any Court of Law or equity
'Itt, ~:" _./ )~). whether or Original, Appellate, Testamentary or Revisional
';J:, ~';:~,... .;: Jurisdiction or Judicial Authority established by lawful authority
,,~~ and to do all acts and appearances and applications m such court or
courts aforesaid in any suits, actions, appeals or proceedings
brought or commenced and to defend and to answer or oppose the
same or suffer judgment or decrees to be had given, taken or
pronounced in any such actions, appeals, proceedings and to
execute decrees as the said Attorney shall be advised or think
proper and to sign, verify and execute any applications, affidavits,
agreements or other documents and to contest the proceedings for
sealing of the Township Project and file before the Appellate
authorities and get the same de-sealed.
21. To substitute and appoint one or more attorney or attorneys under
him/ them, from time to time, for all or any -of the purposes
aforesaid and at his/their pleasure to displace and remove them as
he/ they shall see the occasion.
22. GENERALLY TO DO AND PERFORM all acts, deeds, matters and
things incidental or ancillary to and/ or necessary for:
a) all or any of the purposes aforesaid,
b) giving - full effect to the authorities, herein before
contained as full and effectually as the We could
themselves do and
c) the development of the Scheduled Land in accordance
P~..,..~,.{j7!1'.!'f';~!"r,Ji~eAp3.rtmcnt5 (P) Ltd.
dFor Murano SC:iTic~Ati.::I!Zlents Pri t lmiteL.
Cot~~ ~~r
Authori"d Sign.tory ,
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23. To do and to authorise any other developer to'do all other acts,
deeds and.thi;"gs't!u,'t is incidental or ancillary to or necessary in
L. '~~pect of the above mentioned and for the development of the~~;If~",. -/.:c~::.\~:.e(;i,uledLand in accordance with the Agreement and to perform
.,/;)-I .•' .•...••• >:; \ ....,;r;r ,; "t-y the-g~l,igationsunder the development agreement.',. 'I.....) I .
.~~:nditiOnS of the Development Agreement dated 21.04.2011,to
the extent applicable, shall form part of this Power of Attorney. This Power of
Attorney shall be irrevocable until all the obligations of both the Parties under the
Agreement are completely discharged by the Parties concerned.
C. AND we hereby agrees from time to time and at all times hereafter to ratify and
confirm whatsoever the said Attorney (or his lawful attorney or attorneys to be by
him appointed as aforesaid) shall iawfully do or cause to be done by virtue of this
Power of Attorney,
IN WITNESS WHEREOF Mr. Amit Agarwal s/o Hari Prasad Agarwal R/o Chandra
Colony, Madanganj.Kishangarh proprietor of Tirupati"s Real Estate Co. having its
office at Agarwal House, Chandra Colony Madanganj-Kishangarh have hereunto set
our hands this Thursday of April2l, 2011.
namedwithinthe
For Murano Service Ii;,e.rtments Private Limited."
(p.~ ~a.... t-_ . Authori.ed Signatory
bydelivered
~1~"SCHEDULE "AI,.;" 'I: )~\~l! ".......-:\' ~...,,?> /,/'1.Description of Schedule Lan"d.,.. -, <!...~'Ji'__
5 No Khasra No Rakba Khatedar1 930 04-16-00 5mt Binadevi w/a 5hri Hariprasad Agarwal2 1029 05-16-00 Age 55 yrs and 5mt lalita Agarwal w/a Shri Ashish3 990 01-19-10 Agarwal age 25 yrs r/a Chandra Colony,4 1023 05-00-00 Madangunj Kishangarh (1/1)5 929 04-16-00 Jatandevi Chajed w/a shri Pannalal Chajed age 57
yrs, r/a Chandra Colony, Madangunj Kishangarh(1/2)
6 1028 07-10-00 Pannal;,1Jain's/o 'Sliri Poanam chand chajed; age60 yrs, rio Chandra Colony, Madangunj
-'- - .Kish.angarh(1/3).7 949 00-18-00 Smt Santosh Agarwal w/o Shri Amit Agarwal age8 9S0 00-16-00 30 yrs rIo Chandra Colony, Madangunj Kishangarh
(1/4}9 947 01-14-00 Shri Surender Kumar Malaa age 47 yrs, Mahendra'10 .989 .. ,' 01'14-00': :. '. KUi\ia':i.(;ala9'age 44yi;:s/0: Shri'.Q!i'praki,sh'11 991 02-10-00 Malaa' M-7S, Anasaga; linkRo~d.Ajiii~; (1/5)' .12 948 07-05-00 shr; Hariprasad Agarwal HUF through Karta. -- .. . Har/prasad' Agarwal s/o Shri Ramgapal Agarwal
age 60 yrs r/a Chandra colony, MadangunjKishangorh (1/6)
13 951 01-13-00 Ashish Agarwal HUF ,through Karta Ashish14 : . lQ2~ ... . '.07'01-00. 'Agarwal age .29 yrs,.Amit Agarwal HUF age. 32.yrs .- . ........... ",'. ' ... : 'r .... :. " .. ' :..0> "r,' '''' ('J"',.-I I~ •• ' ,'.' 'J'~'
s!a shri fiar/prasad' Agarwal' r/a Cliandra col6ny, .Madangun! Kishangarh (1/7l
15 1046 02-05-00 . . fiariprasad .Agarwal. s/a Shri Ramgapal Agarwal16 1047 02-10-00 age 60 yrs rIo Chandra colony, MadangunjKishangarh (1/8)
17 1045 02-01-00 Binadevi w/o shri Hariprasad Agarwal age 55 yrsrio C(landra colony, Madangunj Kishangarh 11/9)TOTAL' ..
.. '60:05'06 . ~' (J .-; , ':' I "",).-, " :•..•:'r'''' . 'II' J':oJ' ;~:.~'i'!.~'"~':.:I •. - . .. , .
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For Murano S,rvice Apr/ments Private Limited
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M 278427
POWER OF ATTORNEY
TcJ! ALL TO WHOM THESE PRESENTS SHALL COME, that Mis Murano ServiceApartments Private Limited, a company incorporated under the provisions of theCOltpanies Act, 1956 having its registered office 8th Floor, The Milestone, Tonk Road,JaiJiur through its director S. Vibhishek Pal Sin'gh s/o S. Ajay Pal Singh r/o B-68, YashPad!, Tilak Nagar Jaipur duly authorized by its Board of Directors [hereinafter referredto 'If "tile Company" shall unless the context'otherwise requires include its respectivesuc~essor(s) and permitted assign(s)].) SEND GREETINGS:-:
WHEREAS:-
~
a) S The Company arrived at an oral understanding with
i) 5mt. Binadevi w /0 5hri Hariprasad Agarwal aged 55 years R/oChandraColony Madanganj-Kishangarh -,'
• i .' l".,~ "I"" "'1"-; ',I['\i I I, (',\1:"" ,!.~! \1/(, \'1" "',l '~',.:,il'I'ii) 5hri Hariprasad Agarwal, 5j 0 Shri Ramgopal Agarwal aged 62' Resident of
Chandra Colony, Madanganj, Dist, Ajmer
iii) Smt. Santosh Agar~al 'v,;/0 Shri Amit Agarwal aged 30 years resident ofChandra Colonv, Madan";).[.li"b>\'st.,IMmerP",r M't'frnhtr'ScrvICC i\p,SfliU- u"" ~) .
For"'ura~\J~; ~e nvateLlmft~ (O.A ().AA!J... ~.:to... C4~ Dm}...tor
Authorised Signatory
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\ ,.. iv) Shri Ashish Agarwal HUF through Karta Ashish Agarwal 5/0 HariprasadAgarwal aged 30 years reside!)t of Chandra Colony, Madanganj, Dis!. Ajmerand Shri Amit Agarwal HUF through Karta Amit Agarwal s/ a Shri.Hariprasad Agarwal aged 32years R/o Chandra Colony, Madanganj, Dis!.Ajmer
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v) Shri Hariprasad Agarwal HUF through Karla Hariprasad Agarwal 5/ a Shri.Ramgopal Agarwal aged 62 years resident of Chandra Colony, Madanganj,Dis!. Ajrner
vi) Shri Surendra Kumar Malu & Shri Mahendra Kumar Malu 5/ a ShriOrnprakash Malu Resident of M-75, Annasagar Link Road, Ajrner
vii) Srnt. Jata!)devi,Chajed w/0 I;''\1'':fa)'\I,.Chajed.~g~\I_.~.~"years. ~~~\deDkg.!Chandra Colony, Madanganj, Dis!. Ajmer
aged 60 yearsviii) Shri Pannalal Chajed 5/0 Shri. Poonarn Chand Chajedresident of Chandra Colony, Madanganj, Disi. Ajmer
ix) Sm!. Lalita Agarwal w/0 Shri Ashish Agarwal aged 28 years residing atChandra Colony, Madanganj, Dis!. Ajmer
.. " ..... :.. ' .. :~",;.",ii .. ' .. ',':.,.,~,.',.):}",..,....,.,'~'. 1 ',:,r[hereinafter collectively referred to as the "the Khatedars or "the Owners" throughtheir Power of Attorney Holder Mr. Amit Agarwal 5/0 Hari Prasad Agarwal R/oChandra Colony, Madangani.-Kishangarh proprietor of Tirupati"s Real Estate Co.having its office at Agarwal House, Chandra Colony Madanganj-Kishangarh(hereinafter referred to as "the Power of Attorney Holder") the terms and conditionsof which have been finalized by the Company and the Power of Attorney Holder. ThePower of Attorney Holder has .~greed to execute a dcvelqpment agreement inaccordance with the said terms and conditions, .".'..
b)
c)
d)
In the furtherance of the oral understanding, development agreement and requisite powerof attorney(s) are being executed by the Power of Attorney Holder in favour of theCompany. The development agreement shall be hereinafter referred to as litheDevelopment Agreement" and the power of attorney(s) shall be heremaIter referred to as"the Power of Attorney(s). The Development Agreement and the Power of Attorney(s)shall be executed in Kishangarh.
••, " •. ,; • " .. "'I~ •• "!}'",,'<' ,". ,"~,"!,.,.(,.,<'.~.'." '",'However, it is not practically possible for any of the directors of the Company to visitKishangarh and execute the Development Agreement'and the Power of Atlomey(s).
I am, therefore, desirous of appointing 'Mr. Chandra Mohan Sharma 5/0 Mr. NarayanSahay Sharma r/o A-4B-A,Shiwaji Marg.Ncharu Nagar,Jaipur to be my true and lawfulAttorney to execute the Development Agreement and the Power of Attomey(s) on behalfof the Company.
.. '",:11 '111-
NOW THIS POWER OFAITORNEY WITNESSETH THAT
I, in the capacity of director of the Company hereby appoint, constitute and nominate Mr.Chandra Mohan Sharma s/o Mr. Narayan Sahay Sharma rio A-48-A,ShiwajiMarg,NeharuNagar,Jaipur to be my true and lawful Attorney and in my name & on my behalf perform thefollowing acts:
',' .
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1. To'exei..-ute,as act and deed of the Company, the.oevelopment Agreement. & the Power. ofAttorney(s)"'f1.~,tt\lh<;lI'rJ\':'I""~rf~~tWH.1flwhich may be necessary or proper forcarrying the DevelopmentAgreemenfuwlla'llltililttvderof Attorney(s)into execution..
Fill Mur&noServ:ctflp,l. me I--~\ 1 n;" CQA ~~&<A~1ents (P)LIJ1
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. 2. To admit the execution and registration of the Development Agreement, the Power ofAttorney(s) and other documents related to the Development Agreement & the Power ofAttorney(s) on behalf of the Company. .
AND I, the said Vibhishek Pal Singh s/o Shri Ajay Pai Singh rio B-68, Yash Path, Tilak Nagar,jaipur hereby declare that all receipts, deeds, matters and things which shall be given, made,executer! or done by him, my said Attorney, for the aforesaid purposes shall be as good validand eff~tu'al to all intents and purposes whatsoever as if the same had been executed by theCompany in my Own proper person,
I agree to ratify all such acts, things and deeds that may be done by the said Mr. ChandraMohan Sharma s/o Mr. Narayan Sahay Sharma rio A-48-A,Shiwaji Marg,Neharu Nagar,jaipurin pursuance of the power herein.
IN WITNWESS WHEREOF, [ have set and subscribed my hands to this writing this Thursdayof April 21, 2011.
SIGNED, SEALED & DELIVERED
By the within named . t,Lim\t'~', '. ~'me!lts~nnI tC 0~e.rvl~t\~P.~Cf~uran "" \. . " "', ... ,p~ ~uthorii,dSi&oatOry
Mr. Vibhishek Pal Singh
Director. . .' ,l.. ' •.~.
For and on behalf of Murano Service ApartmentsPrivate Limited I
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ror MoranoServk, ,~plrtments Prlvat, I'
Signature
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I, Mr. Chandra Mohan Sharma slo Mr. Narayan Sabay Sharma rio A-48-A,ShiwajiMarg,Neharu Nagar,]aipur have put my signature to this Power of Attorney in the acceptanceof the power confeIT~dupon me.
'..\./
I' Dated this Thursday of April 21,2011
POWER OF AITORNEY
FROM
Murano Service Apartments,: ., Private Limited' ,'" "Through its director Mr, Vibhishek
Pal Singh
TO
Mr. Chandra Mohan Sharma .
, I'm M'J!1:M ServiceAp:ntrncnts (1') Ltd.. . .. ,.)' .
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