Rs.
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INDIA NON UDICIAL
DE 020984
sblp sm6 afuag TAMILNADU
Haxiknishnan N. SUMATHI
STAMP VENDOR
SARAVANAMPATTY
che COIMBATORE 641.035
Ref. Ne: 5409/B1/2013
CONSTRUCTIONCUM DEVELOPMENT AGREEMENT
THIS DEED is made on this the 12" day of September 2023,
BETWEEN, (1).P.Krishnaraj Son of Praghjee Mooljee residing at Door No.1, 5n
Street, Tatabad, Coimbatore - 641012. (Hereinafter called "THE FIRST PARTY"
which expression shall unless excluded by or repugnant to the context be deemed
to include their heirs, executors, administrators and assigns) of the One Part,
AND
(1). HARI KRISHNANRSon of Mr.RAJAGOPAL residing at E-193, VO C
NAGAR,GANAPATHY, COIMBATORE NORTH, COIMBATORE-641006. (Hereinafter
cpllectively called "THE SECOND PARTY" which expression shallunless excluded by
of repugnant to the context be deemed to include their heirs, executors,
administrators and assigns) of the Other Part.
of P&K Coimbatore Sale, of property
made said motor,has the the Party to of two the improvements making of this
Sub-Registrar value into and
extent
in the
developments and with aforesaid, made paymentunder
building of First
Deed said developing
pump,it, developmentsthe conveyed towards
bifurcated
an
aroundproperty, the Party
purchased of the towards the
as by construction,
RCC Villageregistered
the
of
a
of property
sold building Party recordFirst
of and
possession in wall been
Sqft consisting
considerably the been Party the
Office improvements compound and First to
day Keeranatham improving
1300 a said havingimprovements Secondhas and agreedto
this underin,the agreement the Party
taken system the land the by
has of of same in Second
area herein,, also all
expended a erecting thereto.
towards development
the the works incurred have
herein by
supply the hereto
2 up No.323,in has with all payable of
mutual
value the
Partybuild Party has by additions considerably,with
finishing
charges
number Party together expenses,
water property by
parties
Secondthe First
Party
the together price underthe paid
Site Second being of development
with Periyanaickenpalayam.
document sale, First a value towards the charges
the
Party.the installing
the allied invested the sale conveyed,
conveyed.
property cost
the Land AVENUE the the Party, first WHEREAS
from securing making the
the it.
development
WHEREAS WHEREAS
of First WHEREAS other WHEREAS Second WHEREAS the to
additions
of Corporation,
as pursuance by has property being
components, and
Sqft LANDMAX registered the of AND
pipelines,
property objective
incurred Party
by secondeffected
1500 it First the the
value
the deed.
in to to
3
NOW THIS DEED WITNESSES that in consideration of the First Party having
improved and developed his property in Site No.323, P&K LANDMAX AVENUE
Situated in Keeranatham Village of Coimbatore Corporation, by erecting a
compound wallaround property, floor tiles around building, Modular kitchen and
wooden works in bulding, painting and elevation works and generally making
value additions thereto, the Second Party has this day paid unto the First Party a
gross sum of Rs. 43,50,000/- (Rupees Fourty Three Lakhs and Fifty Thousands
Only) the Second Party also being at absolute liberty to hereafter use and enjoy
allsuch improvements as have been made by the First Party to the said property,
at all times hereafter without any obstruction, let or hindrance whatsoever from
the First Party and those claiming through or under him. AND the First Party shall
whenever reasonably required by the Second Party execute such other and
further documents in order to ensure that the benefit of the improvements made
remains further and more perfectly transferred and assured to the Second Party
herein.
IN WITNESS WHEREOF, the First Party and the Second Party herein, have signed
this deed at Coimbatore, the day, month and year first above written in the
presence of the following witnesses.
FIRST PARTY SECONDPARTY
WITNESSES:
KEvAL KRu ANARJ p No, cOREEî TiARAD CRi- by/ol2
/ kamban stuts Venayaga Pnamm
coinnbatoe -35
