Property Sale Agreement
Property Sale Agreement
-.. .
BETWEEN:
M/s. Confdent Projects (India) Pvt Limited, a Co=pay iuy inrporaed n i e Compe-ies A
1956 and having is Corporate oice at *. Largori Toaz. Hosur Mai Rai. Baire 560025 u
represen ed by is Authorzed Signatory Mr. Joju Kochappan ni is erer gursud V. John
Stephen (or he admission of execution of the execuas ide SPA DOc No.SRJ00286-2023-24 bete
the Sub Regisrar, Hereinafter referre o as the VENDOR oi he is: Pa PAS NO. AACCC7306L
M/s. DJ Projects Private Limited, 2 Compary cuy inorpcraed und he Co=paies Ac 1956 2-i
having its Registered ofice at 574. Opp. Lakshnicer Pars Block. Koamanaa Barzaoe - 560css
cuy repzesente by its Authorized Sigratory Mr. Joju Kochappan aiis h e isi Vr. John
Stephen for the aimissio. of executon cf the rsuans iie SPA DOC io.SRI-00286-223-24 beire
he Sub Registrar, Hereinater referred o s te PROMOTER / DEVELOPER" - e Se Pa PAS
No. AACCD2092E
AND
1. Mr. Prashant Agarwal PAN No. ADJPA5614L, Aadhar No. 8032868538 12 aged 47 zas So M.
Prem Narayan Agarwal
2. Mrs. Pooja Agarwal, Pan No. AGZPA4426F, Azdhar No. 622164211577 aged 43 eas #o M
Prashar: Agarwal both are residing at =202. Krsal Agate 1. OF Sajapure Road Kas.araka Bangaicre
- 360035. Hereinafter referred to as the "PURCHASER" of the Third Part
For Confident Projects (I) Prt Ltd For DJ Projects Pvt Ltd
dsowoari
AGARWAL S/o <Mr, PREM NARAYAN AGARWAL ao 2.11.739.00
Mr.PRASHANT
RG0923000003058433DK
Online Challan Reference Number
E-Payment 1,87,380.00 Dated:20/09/2023
RG0923000003058433DK
Online Challan Reference Number
E-Payment 5,621.00 Dated:20/09/2023
RG0923000003058433DK
Online Challan Reference Number
E-Payment 18,738.00 Dated:20/09/2023
Total: 2,11,739.00
W o : 22/09/2023
(pe3
BASA(UseE
RFOSIRAR)
Document Sheet
oco:3/
2023-2024
"Purchaser" shall wherever the context to
The expressions "Vendor", "Promoter / Developer" and
heirs, executors, legal representatives, all
admit, be deemed to mean and include, all their respective
successors-in-office, nominees and assignees.
WITNESSETHH AS
37,476.00
2
490.00
3
40.00
38,006,00
Mr .PRASHANT AGARWAL S/O <Mr. PREM NARAYAN AGARWAL aojow ob•WO) CHO3,c3.
S
THE TOTAL EXTENT OF LAND in Survey No.83/3 measuring to an ektent ß20 Gin3YeYNo.85/2
-Su83
measuring to an extent of 1 Acre 5.08 Guntas and Survey No.85/2 measuring 1 Acre
Totally measuring 2 Acres 31 Guntas is owned by the Vendor and the Developer and morefully
Guntas
described in the schedule below and hereinafter referred to as the "Schedule Property" and the same
is approved by Anekal Planning Authority vide No. APA /CC/149/2018-19 dated 20.03.2019 and
Modified on 21.10.2022 Situated at Chambenahalli Village, Sarjapura Hobli, Anekal Taluk, Bangalore
District and they are in possession and enjoyment of the same.
M/s.Confident Projects (India) Pvt. Limited (the Vendor) has entered into the Collaboration Agreement
with M/s.D J Projects Private Limited (the Developer) Vide Document No. JGN-1-06749-2019-20 Stored
in CD No. JGND784 dated 19.12.2019 registered in the Office of Sub Registrar, Jigani, Anekal Taluk.
Whereas M/s. Confident Projects (India) Pvt Limited and M/ s.D J Projects Private Limited got the
power to Develop and Sell the said property totally measuring 2 Acres 31 guntas called "Confident
Oxygen" situated at Survey No.83/3 and Survey No.85/2 Chambenahalli Village, Sarjapur Hobli,
Anekal Taluk, Bangalore District and they are in possession and enjoyment of the same.
Whereas the Vendor and Developer have developed the said schedule A property in the name of
"Confident Oxygen" for the Commercial purpose Vide Plan Sanction No: APA /cc/149/2018-19 dated
20.03.2019 and Relinquished vide Document No. SRJ-1-09371-2022-23 and the same will be
hereinafter referred to as the PROJECT" for the sake of brevity. The Said Project is approved by Real
Estate Regulatory Authority (RERA) On 31.05.2019 under Registration No.
PRM/KA/RERA/1251/308/ PR/ 190531/002591 and the Project has received the 0C/CC Vide No.
GramaPanchayat/Yamare/ 109/2022-23 Dated. O8.02.2023
Whereas the Purchaser having gone through the details of the project and after satisfying with regard
to the said project the said Purchaser has approached the "Vendor" with a
proposal to buy a
Commercial Space, in "Confident Oxygen" and it is agreed by the Vendor to sell the same under the
terms and conditions which is mutually agreed upon by both the parties which is set-forth herein after.
Whereas, the Purchaser (after being satisfied with the Owner's title to Schedule Property and the
scheme of development) offered to purchase Commercial Space No. 119, in Project Named as
For Confident Projects (I) Pvt Ltd For DJ Projects Pvt Ltd
2023-2024
"Confident Oxygen" which is more fully described in the schedule hereunder and hereinafter referred
to as the "SCHEDULE C PROPERTY" for a sale price and consideration of Rs.37,47,600 (Rupees
Thirty Seven Lakhs Forty Seven Thousand Six hundred only) Paid by the PURCHASER to VENDOR
and Both have agreed on certain terms and conditions which is reduced to writing as set out below
in this Deed of Absolute Sale and Conveyance;
1. That in pursuance of the foregoing and in consideration of the price of Rs.37,47,600 (Rupees
Thirty Seven Lakhs Forty Seven Thousand Six hundred only) herein reserved, and the Vendor
hereby sells to the Purchaser by the way of sale of the Schedule Property, which is more fully described
in the schedule hereunder absolutely and forever and to have and to hold and enjoy the same and
every part thereof UNTO and the use of the Purchaser absolutely free from all encumbrances.
2. The Purchaser and the Vendor have settled the payment of the Fair Market price, the receipt of
which sum the Vendor hereby acknowledges and confirms that there is no amount due and outstanding
from the Purchaser to the Vendor in this behalf. In case the Balance amounts are paid by Cheque and
if the Cheque is not cleared in the Vendors Accounts for what-so-ever reasons then this Sale Dced
would be Null-and-Void. The Vendor hereby grant, transfer, assign assure and convey unto and to hold
the Purchaser by way of sale of Schedule B' and 'C' Property to the Purchaser as absolute owner.
3 The Vendor hereby conveys, transfer, assign and grant all their right, title and interest over the
Schedule C' Property.
4 The Vendor hereby absolutely transfers the Vacant possession of the Schedule Property to the
purchaser and the purchaser hereby confirms the receipt of the entire vacant possession of the
For Confident Projects (I) Pvt Ltd For DJ Projects Pvt Ltd
OOWOO oavo,
OvOoT 22/09/2023 doa)
evadifoBsTOU
Docurntent Sheet
(b)
2923-102
Schedule C Property. With this the V'endor and Purchaser confirms that All commitments either Oral.
Written or anv other Mode bctween both the Parties is completed fully and nothing Pending and both
the Parties confirm the same
The Vendor further covenant with the Purchaser that the Vendor have not done or made or
executed any deed or thing to the contrary and that they have a good and absolute estate and itle to
convey the Schedule C' Property
That the Vendor has paid all the rates, taxes and cess relating to the Schedule Properties hereby
conveyed. up to date, and the Purchaser are at liberty for getting Katha duly transferred in their names
and pay the future taxes, cesses etc., in respect of the Schedule C' Property to the concerned
authority. Incase of any Unforeseen future Legal Issues the Vendor would Facilitate to sort the same
on best effort basis at the Expense of the Purchaser.
7
The partues here to mnutually agree that the Rules and Regulations contained in this indenture
shall be deemed to individually and jointly binding on all the present / future co-owners next
purchasers/Tenants or Whoever Concerned.
8. The Vendor has sold the Schedule Property to the Purchaser along with APA approval and the
Purchaser assures the Vendor that the usage will be strictly as per the Approval, in case the approval
accorded is for Commercial purpose then the Purchaser assures that it will be used oniy for
Commercal purpose and not for any other purposes.The Purchaser is well aware that the Oc,cC is
iSSued by the Panchayat Authorities in the APA (BMRDA) Approved Plan Sanction Areas this is as per
existing Goverrnment Rules.
9 The Indivdual Shop in Ground & First Floor can display the Branding/ Name of he business
Entity only in the Specific Location Provided by the Vendor on top of the enrance of their lndividua!
Shop and of a Maximum size of 3ft (Height) x 1ft Less than the Store Width tor the Extemal Facing
Shop and 1ft (Height) x 1ft Less than the Store Width for the lnternal Fucing Shop. The Fower Charges,
Maintenance and other expenses including overnment Approval should be Coondinated ad bone by
the Purchaser
For Confident Projects (I) Pvt Ltd For DJ Projectu Pvt Ltd
Purehaser
Aut'ozed Signatory Authorizod Slgnutory
12 02
DooumeHtSneot:
2023-2024
10. The Purchaser should take the approval from the Respective Government Deparment for the
display of the Branding board/ Name board and also pay all necessary payments as and when due.
l1. The Vendor had given an option to all Purchascrs for a Centralized option of Chimncy and AC and
the Vendor has planned and executed the same to the Purchasers who had selected the option and
Paid on time. As the Project is a Composite one with G + 1Floor Commercial Shop8 and rest of the
Floors Apartments individual Chimney would not be allowed taking it into account the safety and other
aspects of all the Purchasers of Commercial Shop and Apartments, In Case the individual Purchaser is
executing AC indiviidually then the samec has to be done within their respective shops at their Planning
& Cost without any Nuisance or issues to other Purchasers including the Apartment Owner and the
Vendor is no way be involved, responsiblc or liable for the same. At the same time the External facing
shops if individual AC is fixed the same has to Mandatorily place the AC outdoor unit within the Space
provided behind the Name Board.
12. For the feasibility of the project, the Vendor shall be entitled to make appropriate changes in the
Layout Plans, Driveways/ Pathways, Specifications, Entrances, ctc., including positioning of the gates,
transformers, generator/clectrical room, water storagc sump, pump housc etc.
13. For any modifications/ alterations with regard to the clevation of the building, it necds to be done
with the prior written approval/ consent of the Vendor and the same should be within the frame of law
in existence.
14. The Amenities has not been sold to the Purchaser or no money has been collected for the same.
The Amenities and Recreational facilities Are providecd on the best effort basis of the
Vendor/ Developer/ Promoter.
15. The Registration date is based on the convenience of the Purchaser but the Purchaser irrevocably
agrees to pay any balance dues along with the 12 months of the maintenance fee in advance. The
Maintenance Amount due would start from the date of 0C/CC and the Permancnt Power Receipt date,
whichever is Later.
For Confldent Projects (1) Pvt Ltd For DJ Projects Pvt Ltd
3d 3
SU83
16. The Purchaser has paid the Vendor for the general maintenance of common area, G, coHmt area
lighting and general upkecp of the projcct at Rs.3/Sft + GST per month for a priod of 12 months. (This
does not include Diescl or any other Unforescen Expenses) along with this Sale Deed. This
maintenance amount docs not include specific Shop maintenance, upkeep, normal wear and tear of
specific Shop Maintenance includes corridor and common area routine maintenance, Manpower for
managng Common Amenities, Security Guards, Common Area BESCOM power charges, Swimming Pool,
STP Maintenance and Minor Civil Maintenance Only.
17. The Vendor do hereby covenants that Purchaser and all persons claiming through or under him,
shall at all times hereinafter and from time to time hold and enjoy the Schedule CProperty without
any let, hindrance or interruption from or by the Vendor or any of their predecessors in title or any
person lawfully or equitably claiming under the Vendor.
18. Confident Oxygen is Composite and Single Building with Both Commercial and Residential Units
approved by APA Vide No. APA /CC/149/2018-19 dated 20.03.2019 and Modified on 21.10.2022 (as per
Government rules) and the STP, DG, Lift, Fire Fighting, Security and such other items could be common
with the Commercial Shops/ Spaces and the Apartments in the Project. The Commercial Shops/ Spaces
Owners and Apartment Owners both have to keep in mind these facilities cannot be separated hence
the Expense cannot be Split and it will be chargeable on the Super Built Up Area of the Shop/ Flat. And
at the same time the Common Isle (Passage) of the Commercial Shop's AC would have a Separate Meter
and all the Shop Owners would pay for the same on the Actual Sft basis. The Shop owners who have
subscribed to their respective Shop AC, Chimney Exhaust would have a separate Accounts and the
same) by the
same will be paid/shared and Maintained (Including Diesel and Consumables for the
Subscribed shop owners on their actual Super Built Up Area.
19. As per the Vendor/Developer/ Promoter/Purchaser the choice of Association would be One Single
the ease of
Association for both Commercial Shops/Spaces and Residential Apartment together for
decision making and imnplementation of the decision since the project is a Single Building.
Purchaser
Autsotzed Signatory Authorized Signatory
12 07
Document Sheet
2023-2024
Promoter
themselves and at no point can they hold Vendor/
Rented Out by the Individual Purchasers Shop agrees to take full
Purchaser of the commercial
responsible for the same. The Individual of the Oxygen Mall.
maintain the Standard & Decorum
responsibility for the Tenant and will have to
Air-conditioned No Heavy Heat Emitting Outlets will be
Since the Central Corridors are Centrally
Emitting Outlets.
allowed in the Mall. Restaurants does not Fall in Heavy
includes
Commercial Shop wherein the nature of the shop
21. The Purchaser cannot Rent out the will Spoil the
Substances, Chemicals, Inflammable etc which
either selling or using of Hazardous Apartments
also which affects the Residents in the
Standard & Decorum of the Commercial Space and
by causing loud Noise.
Purchaser
Autherleed Signatory Authorized 8ignatory
12.07
Document Sheet
the Purchaser. The Allotment of the same will done by the way of Draw of Lots (Apartnent Units
Exclusive Parking) on the date announced by the Vendor/Developer Promoter.
27. The Confident Sarjapur Project is an Over 42 Acres integrated Township Development hene fo
the Main Gate the Drveways, Roads, Parks and Other Civic Amenities has to be maintained as a
Common Entity hence all the Buildings and Layouts within the Project can use the same and needs to
share Prorata Maintenance Charges for che Maintenance and upkeep of the Road. Landscaping. Parks.
Lighting and whatsoever commonly used till the time the same is handed over to the Panchayat or
other Government Authorities. This Clause cannot be challenged in any court of LaN by the Vendor
Developer/ Promoter/ Individual Unit Owners/ Associations.
28. The Vendor is finalizing purchase of adjacent neighboring properties for the development oe which
the Vendor nay use the roads/ Driveways/ common facilities in the project and he same should no: be
hindered Jobjected to by the purchaser. the same Road/ Driveways 'sage canrnot be challenged in any
Court of Law since it is a irevocable approval of the Purchaser to the Vendor to Usage of he such
Roads/ Driveways. This is also applicable for the usage of the entie Conñdent Sarjapur Project of over
42 Acres also.
29. All clauses in the Agreement of Sale signed by Vendor and Purchaser are Fuy Valid and to be read
along with this "Absolute Sale Deed".
30. That che entire costs of stamp duty, registration and other nadental expenses are berre by he
Purchaser.
31. The market value of the Schedule B & C Property is Rs.37,47,600 (Rupees Thirty Seven Lakhs
Forty Seven Thousand Six hundred only).
SCHEDULE "A" PROPERTY
All that piece and parcel of Commercially converted land bearing Survey No.83/3 measuring to r erren:
of 20 Guntas converted vide modified Conversion order bearing No ALN (ASISR 042010-11 dated
19.03.2014, Survey No.85/2 measuring to an extent of I Acre 5.08 Guntas converted nie mociie
Conversion Order bearing No.ALN (A)(S)SR/49/2007-08 dated 19.03.2014 and Surer No.$5/2 easuig
1 Acre 5.08 Guntas vide Conversion Order No.ALN (ASH SR/290/2013-14 dated 13.06.2014 issuei br
For Confident Projects () Pvt Ltd For DJ Projects Pvt Ltd
2023-2024
2Acres 31 Guntas
Bangalore District, Bangalore - totally measuring District.
the office of Deputy Commissioner, Taluk, Bangalore Urban
and situated at Chambenahalli Village, Sarjapura Hobli, Anekal
North Road
East Road Govt Land
South
West Private Property SCHEDULE "B"
Sft/ 17.56 8q mt (UDL
parcel of the undivided right, title, share and interest of 189
All the piece and area referred to
the Schedule 'A' property, which is in proportion to the Super built-up
Share)of land in in the project
C' Property which has been allocated to the Purchaser by the Vendor
in Schedule
CONFDENT OXYGEN'
SCHEDULE "C
proportionate
the First Floor and earmarked as Commercial Unit No.l19 out of
A Commercial Space in mt, (Without Car Parking) bearing PID
694 Sft/64.47 Sq
Super Built Up area OXYGEN' and formed out
150200100100222841, Panchayat Katha No.1939/1 19 in CONFIDENT
No.
Schedule 'A' and bounded by:
of the property mentioned in the
Common Area
East by
West by Open Space
North by Shop No. 120
South by Shop No. l 18
deed of Absolute Sale on the
Vendor and Purchaser have signed this
IN WITNESSES WHEREOF the
day, month and year afore written. Ltd
For Confident Projects (India) Pvt
WITNESSES:
Authoriset Signatory
.Autherzed ^ignatory
Purchaser 10
12.07
(Drantad hy
MURTHÝ K.H.
Keed Writer