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Constrution Ramesh

Construction deed

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0% found this document useful (0 votes)
36 views6 pages

Constrution Ramesh

Construction deed

Uploaded by

ramesh.vech
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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DEED OF CONSTRUCTION AGREEMENT

THIS MEMORANDUM OF AGREEMENT FOR CONSTRUCTION is executed


at Chennai on this 17th day of FEBRUARY 2023, BY:
M/S. RRK INFRA DEVELOPERS, represented by its Proprietor
Mr.KAMESWARARAO CHERUKURU S/O Mr.LAKSHMAIAH CHERUKURU, aged
about 42 years, having its office at Flat- G1, Ground floor, Plot No: 3C, Kamala Kannan
Street, R.G Nagar, Vangaivasal, Chennai – 600073, herein after called the “PROMOT ER”.
AND
Mrs.REENA RAJU, W/O Mr.RAMESH, aged about 34 years, residing at Plot No.192,
Murugu Nagar 4th Street, Velacherry, Chennai – 600042, herein after referred to as the
'PURCHASER'.
The terms PROMOTER AND PURCHASER where the context so admits shall
mean and include their respective successors, legal representatives, executors,
administrators and assigns.
WHEREAS the Land Owner Mr.R.S.VIGNESH, is the absolute owner of the
property being Vacant House Site bearing Plot No.4 measuring an extent of 1542 Sq.ft.
together with 2951 Sq.ft. Common Passage, comprised in Survey No.38/2A, Patta2837, now
Patta No.13076, as per Patta Re.S.No.38/2A2, situated at Nanmangalam Village,
Shozhinganallur Taluk, Kancheepuram District, morefully described in the Schedule hereunder
having by way of Settlement Deed Doc.No.976 of 2017, dt.15-02-2017, Book-I, on the file of
SRO/Pallvaram,
WHEREAS the VENDOR executed a General Power of Attorney deed in respect
of the Plot No.4 measuring an extent of 1542 Sq.ft. together with 2951 Sq.ft. Common
Passage, morefully described in the schedule ‘B’ hereunder to and in favour of
Mr.R.KARTHICK as per a General Power of Attorney deed dated 10.07.2017, which
was registered as Document No.5581 of 2019, Book I, registered in the office of the
SRO/Pallvaram.
Whereas the said owner, has formulated a Scheme construction residential flats in
the Schedule-B mentioned property have got the building plan vide Plot No.4- vide
Planning Permit No.74/2021, dated 16.02.2021, approved by CMDA and the
Commissioner of St.Thomas Mount Panchayat Union, Chitlapakkam, Chennai-600 064,
for that purpose he has decided to sell the said property by way of UDS to intending
PURCHASER. The PURCHASER herein is one such intending.
PURCHASER who had approached the said land owner and he entered into an
agreement of sale with the owner of the land for the purchase of 518 Sq.ft.UNDIVIDED
SHARE OF LAND (360 Sq.ft. UNDIVIDED SHARE OF LAND together with 158 Sq.ft.
Undivided Share of Right in Common Passage) in Plot No.4 measuring an extent of 1542 Sq.ft.
together with 2951 Sq.ft. Common Passage, which is described in the of the B Schedule
property which is more fully described in the Schedule-B mentioned property. The
PURCHASER herein has decided to join in the scheme for construction of a flat for them
by the Promoter herein.
AND WHEREAS pending execution of a conveyance in respect of the UDS of
land mentioned in the Schedule-C property in favour of the PURCHASER herein the said
land owner has agreed to hand possession of the said UDS allotted to the PURCHASER
herein out of the total extent mentioned in the Schedule-B property to the Promoter to
enable him to construct flat thereon.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1. The PURCHASER has agreed to the PROMOTER as his/her building contractor
and entrust work of construction of flats as described in Schedule ‘C’ hereto, for a
sum of Rs.48,07,350/- (Rupees Forty Eight Laks Seven Thousand Three Hundred
Fifty Only) and the PURCHASER shall pay amount to the PROMOTER in the
manner as described in the Schedule ‘E’ including Goods and Service tax.
2. The PROMOTER shall adhere to the standard and specification described in the
Schedule ‘D’ in the construction of the flats.
3. The PURCHASER has this day paid to the PROMOTER a sum of Rs.1,000 /-
(Rupees One Thousand Only) by Cash towards the advance in respect of
Construction Cost. PURCHASER avail Housing Loan from any Financial
Institution the Cheque from the same should be drawn only in favour of the
Promoter Namely M/s. RRK INFRA DEVELOPERS.
4. The PURCHASER shall bear the Stamp Duty, Registration Charges, Planning
Permit Charges, Electrical Connection Deposit & other Charges, Water, Drainage
Charges, and other statutory charges/taxes levied by the competent authorities.
5. The PURCHASER shall strictly confirm to the time schedule described under
Schedule ‘E’ without expecting any demand for payments from the PROMOTER.
The PROMOTER shall strictly adhere to the construction cost fixed and there will
not be any Escalation in the amount fixed irrespective of the fluctuation in cost of
construction materials.
6. The PURCHASER do hereby agree and covenant that his/her said undivided share
of land in the ‘B’ Schedule property shall be enjoyed by him/her in common along
with the other Co-owners of the other undivided shares in accordance with the
practices and conventions that are normally prevalent in the flat system.
7. If the PURCHASER shall fail to pay one of the installment amount after completion of
the respective work, the PROMOTER shall be entitled to charge interest at the rate of
24% per annum for the delayed payment (or) at his/her option cancel this agreement and
to sell the share of the land and flat to any third party and from and out of the amount
realized by the sale, deduct appropriate money due to them and pay the balance of sale
proceeds if any to the PURCHASER. In case of deficiency arises from such sale, the
PROMOTER shall be entitled to recover the balance of money from the PURCHASER.
The PURCHASER is entitled to have the possession of the flat only after making full
payment of total amount agreed upon between the parties under this agreement.
8. The PURCHASER here in has verified and satisfied with the original sanctioned
plan, working drawing of his/her flat. Alternation/deviation from the plan shown
may be done, if necessary during the construction and the amount may be
calculated accordingly.
9. The PROMOTER shall deliver the flat on ten days from the date of last payment
or 30/04/2023. The time for the completion and delivery of the flat is liable to be
extended by further period if such extension is warranted by extraordinary
circumstances such as non-availability of cement, steel, building materials,
excessive rain, act of God etc. The PROMOTER is unable to deliver the flat in fit
condition for occupation except for extraordinary circumstances as stated above,
the PURCHASER shall be entitled to demand-liquidated damages and
compensation.
10. The PURCHASER shall be entitled to inspect the building during the course of
construction at any time during working hours after giving reasonable notice to the
PROMOTER, The PURCHASER has no right interfere with or stop the
construction of the apartment allotted.
11. The PURCHASER shall become a member of the Trust/Association/Society that
will be formed of all undivided co-owners of Schedule ‘B’ property and shall
abide by all rules and regulation of the Trust/Association/Society and undertake to
pay such amount for the purpose of maintenance of the building as may be decided
by the Trust/Association/Society.
12. The PURCHASER shall have a common right over the entrance, path ways and
appurtenant land (except to the limited under the sale deed) and in the staircase,
landing and top terrace of the building and shall have the right to install
radio/television antenna at such location to be determined by the
Trust/Association/Society may permit in writing.

SCHEDULE A PROPERTY
(SUB-DIVIDED PROPERTY)
All that piece and parcel of Vacant House Site bearing Plot No.1, measuring 1820 Sq.ft.,
Plot No.2, measuring 1518 Sq.ft., Plot No.3, measuring 1602 Sq.ft., Plot No.4, measuring 1542
Sq.ft., and Road area measuring 2951 Sq.ft., altogether measuring to an extent of 9433 sq.feet or
21 ½ Cents (Sub-division Plan approved by Commissioner –St.Thomas Malai Panchayat
Union Chittlapakkam for Member Secretary of C.M.D.A, Vide Planning Permit No.303/2017,
Letter No.1123/17, dt.23-03-2017, and SubDivision Plan approved by Special Officer
Nanmangalam Panchayat, Chennai-6000 129, vide No.01/2017-18, dt.1-4-2017, Situated at
Nanmangalam Village, Sozhinganallur Taluk, and Kancheepuram District )
Bounded on the :
North by - REMAINING LAND IN S.NO.38/2A
South by - LAND IN S.NO.38/2B
East by - 20 FEET ROAD
West by - REMAINING LAND IN S.NO.38/2A
MEASURING ON THE
NORTHERN SIDE – 146’ 9”
SOUTHERN SIDE -145’ 9”
EASTERN SIDE – 60 FEET
WESTERN SIDE – 69 FEET

SCHEDULE B PROPERTY

All that piece and parcel of Vacant House Site, bearing Plot No.4, measuring 1542 Sq.ft.,
Comprised in Survey No.38/2A, Old Patta.2837, now Patta No.13076, as per Patta
Re.S.No.38/2A2, situated at Nanmangalam Village, Shozhinganallur Taluk, Kancheepuram
District, (Sub-division Plan approved by Commissioner –St.Thomas Malai Panchayat Union
Chittlapakkam for Member Secretary of C.M.D.A, Vide Planning Permit No.303/2017, Letter
No.1123/17, dt.23-03-2017, and SubDivision Plan approved by Special Officer Nanmangalam
Panchayat, Chennai-6000 129, vide No.01/2017-18, dt.1-4-2017, Situated at Nanmangalam
Village, Sozhinganallur Taluk, and Kancheepuram District )

MEASUREMENTS and BOUNDARIES PLOT NO:4


North by - 32’- 4” - Proposed 20 Feet Common Passage,
South by - 32’- 0” - LAND IN S.NO.38/2B,
East by - 47’- 0 ”- Plot No.3,
West by - 49’- 0 ”- LAND IN S.NO.38Part.

in all total measuring an extent of 1542 Sq.ft. of land together with Proportionate Share
of land in Common Passage measuring 2951 Sq.ft. Common Passage

Measurements and boundaries Common Passage:


North by - 146’- 9” - Remaining Land in S.NO.38/2A,
South by - 146’- 9”- Plot No 1,2,3 &4,
East by - 20’- 0”- 20 Feet Road,
West by - 20’- 0 ”- Land in S.NO.38Part.

and lying within the Registration District of Chennai South and Sub Registration District of
Pallavaram.
SCHEDULE-C
(UDS REGISTERED IN A SEPARATE DEED)
An extent of 518 Sq.ft.UNDIVIDED SHARE OF LAND (360 Sq.ft. UNDIVIDED
SHARE OF LAND together with 158 Sq.ft. Undivided Share of Right in Common Passage)
which is described in the Schedule B, together with RCC roofed Flat identified as Flat
‘G1’ with a sale area of 1247 Sq.ft., in the GROUND FLOOR of the Premises, with
Entrance Facing NORTH.

SCHEDULE-D
R.C.C.Framed Struction, Brickwork in Superstructure, Main Door Teak with door
locks & Best Country seasoned Wooden frame and Flush door Shutters, Wooden
Windows, Glazed Shutters with enamel paint, Emulsion Finish, Vertified (24” x 24”) title
flooring with skirting, one open cupboard in each room, White colour of EWC, IWC,
Shower, one White Colour wash basin in bathroom, concealed electrical wiring ISI multi
stand with adequate 5 amps plug, 15 amps plug and A/C power points, sanitary and water
connection, one overhead tank for entire block, Bath Glazed Tiles up to 7 feet, Glazed
Tiles above kitchen Granite platform & Steel Sink.

SCHEDULE – E

1. For the Completion of Basement 30% of Total Value.


2. For the Completion of Ground Floor Lintel Level 20% of Total Value.
3. For the Completion of Ground Floor Roof Level 35% of Total Value.
4. For the Completion of Wood Work and Plastering 5% of Total Value.
5. For the Completion Flooring, Sanitary & Plumbing 5% of Total Value.
6. Final Finishing including Painting, colour Washing
And Hand over the Flat 5% of Total Value.

Total Value of the construction cost of Rs.48,07,350/-(Inclusive of one covered car


park.)
IN WITNESS WHEREOF THE PARTIES HERETO HAVE SET THEIR
HANDS THE DAY, MONTH AND YEAR FIRST ABOVE WRITTEN IN THE
PRESENCE OF

PROMOTER
WITNESSES:-
1.

PURCHASER
2.

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