Rs.
100
ONE
F.100 HUNDRED RUPEES
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INDIA NON JUDICIAL
146843
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dto.
M. Ramacrisha A. SRIWATT
Licensd Stamp Vendof
L.No. i6-05-080201
Molaa he L.R.No. 16-05-Ci?/2020
* Whon NO. 12-1-1418, Shantai Nazar,
Mayu.Hssociat es tNorth Lalaguda, Sec'bad
ohile No. 9849793342
AGREEMENT OF RENT
This Agreement of rent is executed on this the 01" Day of July 2022 by and between:
M/s Mayuri Associates represented by its Managing Partner Sri MRamakrishna
slo Late M.Lokanatham, aged about 71 years, resident ofH No 11-5-334/1/2, Red Hills,
Hyderabad- S00 004, hereinafter referred to as the LESSOR".
AND
M/s. Sare States Realty Advisors Pvt.Ltd. Represented by its Vice President
Mr. GVPSKumar Slo Swamiji aged about 41 years, resident of #402, East Villa Door
No 8-3-678/42/1/D-2, Navodaya Colony, Yellareddyguda, PIN- 500073, herein after
gferred to as the "LESSEE",
a ForAYURI ASSOCLATES
(M.RAMAKRISHN/
Managing Partng
(2)
Whereas the Lessor offered to grant lease of the Flat No 201, 2nd floor, Building No 1
10-74/5/1,Chikotigardens, Begumpet Hyderabad s00 016, of this Lease agreement, the
Lessee came forward to take the said portion for the purpose of Office and both Lessor
and Lessee discussed the terms of Lease and agreed for the following terms. Hence this
agreement of Lease: -
NOW THIS AGREEMENT OFLEASE WITHNESSETH AS FOLLOWS: -
The Lessor hereby grants lease of the Flat No 201, 2""floor, Building No 1-10-74/5/1,
Chikotigardens, Begumpet Hyderabad - 500 016, as more described in schedule of
property along as per Annexure I of this Lease Agreement, on rent stipulated hereunder
and the Lessee hereby accepts the grant of Lease of the said premises on the following
terms.
1. The Lease agreement entered by Lessor and Lessee for a period of 11 Months
commencing from 1"Day of May 2022 to 31 Day of March 2023.
2. The monthly rent mutually agreed is Rs 19000/- (Rupees Nineteen Thousand
only)plus GST as applicable
3. The rent herein stipulated is exclusive of Electricity,
4. The rent herein stipulated should be paidon or before 10" after end of calendar
month and obtain a receipt from the Lessor. Maintenance charges should be paid
as in cash every month, should be paid on or before 10h date of commenced
calender month,
5. The Lessee shall pay Electricity charges to the Electricity Dept as per the
Electricity meter provided at the premises at the prevalent rates on or before due
date of every month, for the Electricity meter reading as on 30h /31 of the
preceding month and to provide copies of payment bills to the Lessor obtain a
receipt from lessor. The Lessee shall pay the Electricity charges regularly. In case
the Lessee fails to pay the Electricity charges regularly, the Lessor shall not be
responsible for payment of Electricity bill and in the event of the Electricity
connection is disconnected either by the lessor or Electricity Department, the
Lessee shall have no complaint either against the Lessor or against Electricity
department and in that event the Lessee shall pay the Electricity consumption
charges in arrears and also restoration charges, ACD charges if any to the
Electricity Department or Lessor and on that only the Lessor will pay such
amount paid by the Lessee to the Electricity Department to get the Electricity
supply restored and on that the Lessee shall have no complaint against the Lessor.
VAURIA^SOCLA:
LRANAKRISHNA
anaging Partne
(3)
habitable
shall maintain the premises hereby demised in a neat and
6. The Lessee attending to
without causing any damage at the cost of the Lessee duly
condition necessary due to wear and tear and in use.
the repairs that maybecome
make any alteration or additions in the demised premises
7. The Lessee shall not Lessor.
without written consent of
inflammable contraband
shall not use, store and sell any explosive,
8. The Lessee the demised premises.
and prohibited materials or goods in
the
not have the right to sub-lease the whole or any part of
9. The Lessee shall
premises hereby demised.
office,
the premises hereby demised only for the purpose of
10.The Lessee shallkeep
and not for any other purpose.
monthly rent, Electricity consumption charges, water
of deemed to
|1.Any default in paymentmaintenance charges for any period, it shall be commits
consumption charges, Agreement of lease and in case the
Lessee
this of
eviction notwithstanding the period
be breach of terms of
Lessee shall be liable for ending
such breach, the terminating the tenancy
hereby agreed to, with a month's notice
Lease the English calendar month.
i.e.,
with end of tenancy month
reasonable
be at liberty to inspect the demised premises at allstipulated is
12.The Lessor shall of the Lessee. The
permission herein
due permission refusal may
time with
is an exception unless for medical reasons such
formal and its refusal
become necessary.
Only) as
has paid Rs 38000/- (Rupees Thirty Eight Thousand the
13.That the Lessee
months' rent advance, deposit carries no interest, and by
deposit, towards 2 vacation of premises
will be refunded to the Lesse at the time of acknowledged the
same any, the Lessor hereby
deducting the pending balances if
receipt of the same.
three (3)
Lessee have mutually agreed to give a prior notice of
14. The Lessor and
demised premises.
months, if they want to vacate
UE ASSOCLATE:
BRAAKRISHNAS
Uenaging Partne
(4)
15.The Lessee shall hand over the furniture, fixtures and fittings provided to said
portion, as more described in Annexure I, on vacating the portion intact. In the
event of any damages or destruction of furniture, fixtures and fittings of the said
portion for the reasons attributable to the Lessee, the Lessee shall replace at their
cost with new furniture, fixtures and fittings as may be required by the Lessor on
inspection at the time of vacating and delivering vacant possession of said
portion.
16. The Lessee hereby agreed for an escalation 5% increase in rent during the renewal
of lease agreement period.
17. The Lessee/Lessor will have an option to extend the Lease period for a further
period with mutual consent from the date of expiry of Lease agreement.
ANNEXURE I
SCHEDULE 0F THEPROPERTY HEREBY DEMISED
The entire Flat of Flat No 201,2hd floor, Building No 1-10-74/5/1, Chikotigardens, Begumpet
Hyderabad - 500016. With an area of about approximately 1000 Sq feet.
North:Sowbhagya Apartments.
South : Plot no 1-10-72/5/A.
East : Road.
West : LaxmiApartment
Lease on this
In witness where of the Lessor and Lessee have signed this Agreement of
1 day of July 2022 at Hyderabad.
Witness:
LESSOR:
1.
2.
LESSEE:
ForMAYURIASSOCLATEF
(MRAKRISHNAS
Managing Partne
