CONSTRUCTION AGREEMENT Mr SUNDARA VADIVELU S/o .................................. and resident at DOOR NO 51, 4TH MAIN ROAD, SIR M.V.

NAGAR (RAMAMURTHY NAGAR), BANGALORE 560 016 hereinafter referred to as the First Party (Developer; Builder). And Present Construction Agreement is executed on 29th day of September , 2012 at HOSUR between Mr. SHANKARGANESH S/o NEELAKANDAN and resident at PLOT NO 1B, SUNDAR AVENUE , RAJAKILPAKKAM, TAMBARAM EAST, CHENNAI 600 073 hereinafter referred to as the Second Party (Buyer) Unless it be repugnant to the context, the expressions First Party and Second Party shall include their respective heirs, executors, attorneys, legatees, administrators and all persons claiming through each of them. Whereas Second party is in de-facto and de-jure owner-in-possession of the property PLOT NO 38; SURVEY NO 42/2B, THORAPALLII AGRAHARAM, HOSUR TALUK, admeasuring 1200 sq. feet and bounded as under: East : 20 Wide common road West : Plot no 35 path & Plot no 36 path North : Plot no 37 South : Plot no 39 And whereas Second Party gets his title of ownership by virtue of Sale Deed, executed by Nithya W/o Sundara Vadivelu on 26th September 2012 and duly registered with Sub-register, Kelamangalam in Volume No Book No Document No, at pages.. to . The First Party has proposed a scheme of developing the Scheduled Land by constructing an independent Ground + First Floor thereon and for this purpose has done plotting of the Scheduled Land. The layout of the plotting has been approved by HUDA vide Permit No. 50/MPZ/HUDA/04 dated 30/09/2004 And whereas the said property continues to be wholly under the physical possession of the First Party for construction activities. It is agreed by and between the parties that the house construction activities will be carried out in the scheduled property through the First Party as per the specification and plan approved from the concerned authorities. The parties hereto after discussions and negotiations have reached into certain understandings, terms and conditions etc., for the construction of an independent Ground and first floor are desirous of recording the same into writing.

NOW THEREFORE THIS AGREEMENT FOR CONSTRUCTION WITNESSETH AS UNDER THAT: 1. The Second party has agreed to pay the total value Rs XX,XX,XXX/- (Rupee Thirty XXXXXXXXXXXXXXX Only) inclusive of compound wall, gate, sump, EB connection, registration Fee and Building construction of Ground 850 Sq Ft and First Floor 800 sq. ft. 2. The second party shall make the balance progressive payments on total contract amount for construction Rs XXXXXXXX/- (Rupee thirty XXXXXXXXXXX) to be paid to the first party in the following manner a. Advance amount of Rs 3,00,000/- will be paid and the balance amount as per the loan proceeding within the 3 months + 3 months grace period b. The second Party will raise a loan from any financial institution based on the approved document which is provided by the First Party and the proportionate amount shall be payable by financial institute directly to First Party SUNDARA VADIVELU, without any delay 3. The second Party has to hand over the vacant and peaceful possession to the First Party for the purposes of construction an independent Ground and first floor admeasuring 850 + 800 sq. ft. of built-up area on said plot with measuring, land in 1200 square feet bearing plot no.38 as per the plans, drawings, specifications and elevations, which has been annexed hereto and marked as ANNEXURE A. 4. The Second Party as to go any changes in building plan or specification of material attached in ANNEXURE A, has to inform and give in writing atleast three weeks in advance before the execution of particular part. 5. Second party want to bear any excess cost incurred, if second party suggests going for going alteration, renovation and demolition of any part of the structure alter the execution of said part and the contract amount will be re-calculated by engineer in-charge of construction for which second party shall accept 6. The first party hereby undertake to commence the construction within fifteen days of execution of these presents and complete the construction on or before the expiry of 3 months + 3 month of grace period from the date of execution of these presents in accordance with the plans duly approved and sanctioned 7. The Second Party shall be liable to pay all assessments, outgoings, taxes, etc. payable in respect of the said property up to the date of execution of the present construction agreement. Thereafter, the same shall be paid and borne by the First Party alone till the construction is completed in all respect as agreed in the present construction agreement.

8. The First party shall handover the possession of the Build house to second party on completion of entire construction as agreed subjected to receipt of the aforesaid payment from the second Party 9. Any delays in construction work due to storms, earthquakes or other natural perils and the Act of God will be taken into consideration by all the parties concerned. The first party will not be penalized for these natural calamities. 10. If the First Party fail to complete the said work within the period as stipulated in the foregoing provision, the first Party shall, at the option of the second Party but without prejudice to the other rights under law of the second Party and other provisions herein, pay liquidated damages calculated at the rate of Rs.......... per month (but subject to a maximum of 2% of the total contract amount payable by the second party under this agreement) for the period between the said stipulated time for completion of the works. The first party hereby specifically agrees and authorise the second party to deduct such liquidated damages, if any, from any installment of payment becoming due and payable to the builders in terms of this agreement. 11. The First Party shall indemnify the Second party in respect of all claims, damages or expenses payable in consequence to any injury to any employee, workman, nominee or invitee while in or upon the said premises on the course of construction and until the first party takes over the same 12. That the entire construction shall be in accordance with the sanctioned plan and the permissible compoundable deviation, of which the First party has the special knowledge and the Second party has none. The nature of material used for each component of the construction is detailed in the schedule attached ANNEXURE A herewith. 13. The Second party or his representatives are entitled to inspect with prior notice to First party to inspect the progress of the construction work. 14. The First party should strictly abide with Indian Standard Code of Construction work 15. The First Party shall indemnity the Second party that they would undertake construction defect if any within one year from the date of handing over the possession of the building and after the one year the first party has to bear such cost on his own 16. Second party if under goes any alteration, renovations and demolition of walls and any other structural components of the building after taking they possession of building they liability and warranty of the claims and repair stands terminated. The first party will not be responsible for any structural weakness of the building.

17. Its mutually agreed by both the parties that at any point during the period of this contract if any party want to terminate the said contract on the basis of well justified reasons either party has to give prior notice in writing regarding the same 18. This agreement shall be executed in duplicate; the original shall be retained by the first Party and the duplicate by the second party. IN WITNESS WHEREOF the parties have signed these presents and a duplicate thereof, the day and year first hereinabove written.

Witnesses: 1.................................................. 2 .

(First Party) (Second Party)

{Note: The schedule to be attached with the present Construction Agreement must specify in detail the nature of material, which is to be used for each component of the super-structure).