0% found this document useful (0 votes)
37 views5 pages

1

The document outlines an agreement between multiple landowners regarding the development of a property in Marredpally, Secunderabad. It details the ownership history of the property, the permissions granted to a developer for construction, and the responsibilities of both the landowners and the developer during the development process. The landowners confirm their ownership and authorize the developer to manage the construction and obtain necessary permits without interference.

Uploaded by

Vishal Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
0% found this document useful (0 votes)
37 views5 pages

1

The document outlines an agreement between multiple landowners regarding the development of a property in Marredpally, Secunderabad. It details the ownership history of the property, the permissions granted to a developer for construction, and the responsibilities of both the landowners and the developer during the development process. The landowners confirm their ownership and authorize the developer to manage the construction and obtain necessary permits without interference.

Uploaded by

Vishal Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
You are on page 1/ 5
IS GLJOe 199US 1 ‘ON 390 ® L10Z/690£ ON SO ‘L- 4 Mlrozsz208 = g 3 : 6 Bx Bl: The said Samuel Victor, i.e., Land owner No.1 became owner of the said eastern portion of the property by virtue of the above said WILL. The said Rose Sumitra also registered a Will dated 12-03-1999 bearing Document No.38/B-1I/1999 registered at SRO Marredpally, Secunderabad, bequeathing her half share i.e., western portion of the said property in favour of Solman Thomas and Mr.Mano Anand. The said Rose Sumitra died on 14-11-2002 leaving behind the said registered will deed dated 12-03-1999. The said Mano Anand and Solomon Thomas, thus became absolute owners of the western portion of the said property. AND WHEREAS, the said Mr.Mano Anand also died on 20-09-2016 leaving behind his wife i.e., Land owner No.2 and Daughter ie., Land Owner No.3 and Son ie., Land owner No.4 as his legal heirs, thus the Land owners No.2 to 4 herein succeeded to the 1/4 share of the said MrMano Anand in the said property. The said Solomon Thomas died on 01-02-2009 leaving behind the Land owners No.5 and 6 as his legal heirs, thus they succeeded to his 1/4" share in the said property. AND WHEREAS, the Land owners herein decided to entrust the eastern portion of land admeasuring 315 Sq.yards belonging to Land Owner No.1 and 157.5 sq.yards (western portion) belonging to the Land owners No.2 to 4 and 157.5 sq.yards (western portion) belonging to the Land owners No.5 and 6, thus in all 630 sq.yards, bearing Plot No.214, situated at Marredpally, Secunderabad, which is morefully described in the Schedule mentioned hereunder and hereinafter referred to as the Schedule property, to the developer herein for development of the sald plot into building into a complex comprising of apartments. NOW THIS AGREEMENT WITNESSES AS FOLLOWS: PERMISSION FOR DEVELOPMENT : - 1). That the Land Owners hereby declare that the Land Owners are the absolute owners and possessors of the schedule property. The schedule property is free from all encumbrances, charges, liens, mortgages, court attachments and acquisition proceedings and the Land Owners have not entered into any agreement whatsoever in respect of the schedule property with any other third parties. 2). The Land Owners are at liberty to make inspection of the construction work during the course of the work at all reasonable times. However, the Land Owners shall not cause any hindrance or obstruction whatsoever to the construction work. The Developer being in actual possession of the schedule property by virtue of these presents shall be exclusively in charge of the entire construction of the proposed Building without any let or hindrance or interference by the Land Owners or any Cheese through the Land Owners | ‘espero i ee oat ‘ang 6hJoy yous * 1 ON 3900 8 LL0Z/690£ ON SO 'F-48 Broz 17208 z 8 6 Brel 3). The Land owners hereby authorize and empower the Developer herein to develop the schedule property along with the adjacent land into a single building and obtain a joint sanction and permission with the adjacent land. PLANS: ENCES :- 1). The Land Owners hereby authorise and empower the Developer to develop the Schedule Property into a Building comprising of Stilt for parking and Five Upper Floors and for that purpose to apply and obtain a sanctioned plan from Greater Hyderabad Municipal Corporation and the Concerned authorities. The Developers shall also obtain the necessary Occupancy Certificate from the concerned authorities after completion of the construction of the Building. 2). The Land Owners shall sign the plan and other necessary documents as may be required for the purpose of obtaining the proposed plan. The Land owners further hereby declare and confirm that the Land owners hereby grant irrevocable rights of development to the Developer for the development of the Schedule property. The Land owners further hereby undertake and covenant that the development rights granted hereunder shall not be revoked under any circumstances. CONSTRUCTION 1). The Developers shall carry out the construction of the proposed Building in the Schedule property based on the working plans/drawings as decided between the parties. The Land owners constructed share shall be in accordance with the specifications contained in the Annexure hereto. However, the construction of the entire Building shall be of good quality as per the agreed specifications enclosed to this Agreement. 2). The Developers will be entitled to engage Architects, Engineers, Contractors and others, as they deem fit to execute the construction work: however in case of disputes between the Developers and it's Contractors, Architects, Engineers and other workmen, suppliers of materials and other persons who are engaged by the Developers in the development of the schedule property, the same shall be settled by the Developers and the Land owners shall have no liability of any nature whatsoever nor will the Land owners be deemed to be the Principal Contractor 3). Any internal changes without any additions required to be carried out by the Land owners, the Developers shall execute the same, if feasible and brought to the notice before commencement of the work and any extra amount for such modifications and alterations shall be paid by the Land ‘owners to the Deon . ( IS Gb40G J0US * ON 3900 8 L40Z/6906 ON so't-¥a Broz /2208 z g 5 : 5 é

You might also like