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AGREEMENT OF SALE This Agreement of Sale is entered at Chennai on this day the 04th day of March 2011 between;

Mrs. RUKMANI MARAPPAN, wife of Late KR.Marappan, aged about ___ years and Mr.KM.RAMACHANDRAN, s/o Late KR.Marappan aged about 41 years, represented by his Mother Mrs.Rukmani Marappan, both residing at No.30, TSD Nagar, Arumbakkam, Chennai 600106 herein after referred to as the FIRST PARTY / VENDORS which term shall mean and include wherever the context so requires or permits its successors in-interest and assigns of the FIRST PART; AND Mr.D.ANBARASAN, son of Mr.S.Dhanasekar, aged about 25 years, residing at Plot No.13, Vaniyar Nagar, K.N.Road, Gandhi Nagar, Vellore-632006, herein after referred to as the SECOND PARTY / PURCHASER which term wherever the context so admits or permits shall mean and include his heirs, nominees, executors, administrators, legal representatives, agents and assigns of the SECOND PART;

-2WHEREAS the party of the FIRST PARTs 1st Person Husband and 2nd persons Father Mr.Marappan is originally purchased Plot No.23, measuring 6378 sq.ft., comprised in S.No.58/4, Nallathambi Road, Anna Nagar, Pammal Village from Mr.R.Sundarrajan by way of Sale Deed dated 11/07/1979, registered as Doc.No.1805/1979, Book No.1, Vol-823, Pages 419 to 422 at Pallavaram SRO. Whereas the said Mr.Marappan died on 12/10/1980 and leaving behind Party of the First Part as his legal heirs which the Legal Heir certificate D.Dis. No.10588/82-06, issued by Mylapor-Triplicane Taluk. Whereas the said Mr.KM.Ramachandran appointed Mrs.Rukmani Marappan as his duly constituted attorney in respect to sell the property in his name by way of General Power of attorney deed dated 24/09/1996, registered as Doc.No.397/1996, Book No.4, Vol-149, Pages 239 to 242 at Triplicane SRO. Whereas the Party of the First Part obtained Sub-division Plot No.23 into 23A and 23B by way of PP.No.315/2009-10 dated 11/02/2010 from Pallavaram Municipality and obtained Building approval for Plot No.23B No.14/2010-2011, from Pammal Municipality The vendor having purchased the said UDS land vide Sale Deed 1st November, 2006, registered as Document No: 5846/2006 at SRO Pallavaram. One M/s.Badal builders constructed a Ground Floor flat for the said Vendor by way of Construction Agreement deed dated ________. WHEREAS the party of the First Part herein is the sole and absolute owner, in exclusive possession and enjoyment of the said property without any hindrance, and having right, title and interest in said property, has offered to sell / transfer the same for a total sale consideration of Rs.29,00,000/-(Rupees Twenty Nine lakhs only) free from all encumbrances. WHEREAS the party of Second Part having interest in purchasing the said property, on good faith trusted the version of the First Part, has agreed to buy the said Schedule mentioned property for a sale consideration of Rs.29,00,000/(Rupees Twenty Nine lakhs only) free from all encumbrances. WHEREAS both the Parties herein have decided to enter into this agreement for sale on the terms and conditions mutually agreed by and between the Parties hereto as stated hereunder. NOW THIS AGREEMENT OF SALE WITNESSETH AS FOLLOWS:-

That is pursuance of the above said agreement, the total sale consideration of Rs.29,00,000/-(Rupees Twenty Nine lakhs only) shall be paid by the second part to the first part in the following manner: (a) On signing of this agreement, the second part pays an advance amount of Rs.600000/- (Rupees Six Lakhs only) to the first part by way of Cheque bearing nos:628185, 628186 & 628187 drawn from State Bank of India, Radha Nagar, Chromepet Branch, Chennai 600 044 and -3(b) The balance amount of Rs.300000/- (Rupees Three Lakhs only) shall be paid by way cash after a year by part & easy monthly payment. (c)The balance sale consideration amount of Rs.20,00,000/- (Rupees Twenty Lakhs only) to be paid by the second part through Housing Loan on the day of registration of the sale deed in favour of the second part. The first part shall produce all the original title documents available in its possession, pertaining to the schedule property for inspection of the same by the second part. The first part agrees to pay all the taxes and other public charges include Electricity Deposit bearing TNEB Meter No:257-820-959, Drainage Canal deposit payable to Municpal and Palar Water connection deposit, pertaining to the said property up to the date of handing over vacant possession of the said property. It is agreed between the parties that time shall be of essence of this agreement and that the proposed transaction is to be completed within a period of SIX months time from the date of signing of this agreement, i.e. on or before 31st August, 2011. The stamp paper and registration charges / expenses shall be borne by the second part. The first part agrees to deliver vacant possession to the second part the said property free from all encumbrances, and also agrees to make repair & services wherever damages incurred in the property, to be conveyed on receipt of the total balance sale consideration. The first part confirms that it has not entered into any similar agreement of sale with any other party and that the said property will be conveyed free of all

encumbrances to the second part as per the terms agreed between the parties herein. In the event if the second part withdraws from this agreement or is unable to perform the obligation and defaults as per the agreed terms, the first part will be at liberty to cancel this agreement unilaterally without any further intimation to the second part, return the advance amount paid after forfeiting 10% from the total advance amount paid towards liquidated damages and the parties agree that the said 10% of the advance amount is a genuine pre-estimate of the

-4damages that will be caused to the VENDOR due to second parts default. The second part further agree that no further proof of damages will be required from the VENDOR for the purpose of claiming the damages. In case of default by the first part to fulfill its obligations under this agreement, the second part shall be entitled to claim specific performance besides the first part being liable for damages sustained by the second part. Any disputes or differences between the parties to this agreement arising out of this agreement shall be referred to arbitration by a sole arbitrator to be nominated by the parties to the dispute on mutual consent and the decision of the sole arbitrator shall be final and binding between the parties. The venue of arbitration shall be at Chennai. SCHEDULE (Property to be conveyed) All that piece and parcel of Flat No.A1, Badal Brindavan Apartment, No.6/22B, Ramachandra Iyer Street, Nehru Nagar, Chromepet, Chennai 600 044, having a super built up area 1170 sq. feet ., together with undivided share of land measuring an extent of 737.258 sq. feet. out of 4847 sq. feet comprised in the Old Survey No.7, New Survey No. 7/7A4 Part situated in Asthinapuram Village, present Alandur Taluk, Kancheepuram District, Registration District of Chennai south and Sub-Registration District of Pallavaram

Being bounded on the: North by: Plot No.22A. Plot No.23 30 Feet Ramachandra Iyer Street and Plot No. 13, South by: East by: West by:

-5AND lying within the limits of Pallavaram Municipalty. PROPERTY TAX ASSESSMENT NO.39372 TNEB Meter No: 257-820-959 IN WITNESS WHEREOF THE PARTIES HEREIN HAVE SET THEIR HANDS AT CHROMEPET, CHENNAI ON THIS DAY SUNDAY 6TH, OF MARCH MONTH 2011 YEAR. FIRST PART: SECOND PART

(D.S. SOMASUNDARAM)

(M. VAIDYANATHAN )

WITNESSES; 1. 2.

AGREEMENT OF SALE This Agreement of Sale is entered at Chrompet, Chennai on this day the Monday 6th of March 2011 between; Mr. D.S. SOMASUNDARAM, aged about 69 years s/o Late Shri Subramaniam Iyer herein after referred to as the FIRST PARTY / VENDOR which term shall mean and include wherever the context so requires or permits its successors in-interest and assigns of the FIRST PART;

AND Mr. M.VAIDYANATHAN, aged about 45 years, s/o Late K.Manogyanathan Iyer residing at A1, Badal Brindavan Apartment, 6/22B, Ramachandra Iyer Street, Nehru Nagar, Chromepet, Chennai 600 044, herein after referred to as the SECOND PARTY / PURCHASER which term wherever the context so admits or permits shall mean and include his heirs, nominees, executors, administrators, legal representatives, agents and assigns of the SECOND PART; -2WHEREAS the party of the FIRST PART is the absolute owner in possession and enjoyment of Flat No.A1, Badal Brindavan Apartment, No.6/22B, Ramachandra Iyer Street, Nehru Nagar, Chromepet, Chennai 600 044, having a super built up area 1170 sq. feet ., together with undivided share of land measuring an extent of 737.258 sq. feet. out of 4847 sq. feet comprised in the Old Survey No.7, New Survey No. 7/7A4 Part situated in Asthinapuram Village, present Alandur Taluk, Kancheepuram District. The vendor having purchased the said UDS land vide Sale Deed 1st November, 2006, registered as Document No: 5846/2006 at SRO Pallavaram. One M/s.Badal builders constructed a Ground Floor flat for the said Vendor by way of Construction Agreement deed dated ________. WHEREAS the party of the First Part herein is the sole and absolute owner, in exclusive possession and enjoyment of the said property without any hindrance, and having right, title and interest in said property, has offered to sell / transfer the same for a total sale consideration of Rs.23,00,000/-(Rupees Twenty Three lakhs only) free from all encumbrances. WHEREAS the party of Second Part having interest in purchasing the said property, on good faith trusted the version of the First Part, has agreed to buy the said Schedule mentioned property for a sale consideration of Rs.23,00,000/(Rupees Twenty Three lakhs only) free from all encumbrances. WHEREAS both the Parties herein have decided to enter into this agreement for sale on the terms and conditions mutually agreed by and between the Parties hereto as stated hereunder. NOW THIS AGREEMENT OF SALE WITNESSETH AS FOLLOWS:-

That is pursuance of the above said agreement, the total sale consideration of Rs.23,00,000/-(Rupees Twenty Three lakhs only) shall be paid by the second part to the first part in the following manner: (a) On signing of this agreement, the second part pays an advance amount of Rs.300000/- (Rupees Three Lakhs only) to the first part by way of Cheque bearing nos:628185 /7-2-2011 Rs.100000, 628186 /07-02-2011 Rs.90000/- & 628187/ 06-03-2011 Rs.110000/- drawn from State Bank of India, Radha Nagar, Chromepet Branch, Chennai 600 044 and :3: (c)The balance sale consideration amount of Rs.20,00,000/- (Rupees Twenty Lakhs only) to be paid by the second part through Housing Loan on the day of registration of the sale deed in favour of the second part. The first part shall produce all the original title documents available in its possession, pertaining to the schedule property for inspection of the same by the second part. The first part agrees to pay all the taxes and other public charges include Electricity Deposit TNEB Meter No: 257-826-959, Drainage Canal deposit payable to Municpal and Palar Water connection deposit, pertaining to the said property up to the date of handing over vacant possession of the said property. It is agreed between the parties that time shall be of essence of this agreement and that the proposed transaction is to be completed within a period of SIX months time from the date of signing of this agreement, i.e. on or before 31 st August, 2011. The stamp paper and registration charges / expenses shall be borne by the second part. The first part agrees to deliver vacant possession to the second part the said property free from all encumbrances, and also agrees to make repair & services wherever damages incurred in the property, to be conveyed on receipt of the total balance sale consideration. The first part confirms that it has not entered into any similar agreement of sale with any other party and that the said property will be conveyed free of all encumbrances to the second part as per the terms agreed between the parties herein.

In the event if the second part withdraws from this agreement or is unable to perform the obligation and defaults as per the agreed terms, the first part will be at liberty to cancel this agreement unilaterally without any further intimation to the second part, return the advance amount paid after forfeiting 10% from the total advance amount paid towards liquidated damages and the parties agree that the said 10% of the advance amount is a genuine pre-estimate of the damages that will be caused to the VENDOR due to second parts default.

-4The second part further agree that no further proof of damages will be required from the VENDOR for the purpose of claiming the damages. In case of default by the first part to fulfill its obligations under this agreement, the second part shall be entitled to claim specific performance besides the first part being liable for damages sustained by the second part. Any disputes or differences between the parties to this agreement arising out of this agreement shall be referred to arbitration by a sole arbitrator to be nominated by the parties to the dispute on mutual consent and the decision of the sole arbitrator shall be final and binding between the parties. The venue of arbitration shall be at Chennai. SCHEDULE (Property to be conveyed) All that piece and parcel of Flat No.A1, Badal Brindavan Apartment, No.6/22B, Ramachandra Iyer Street, Nehru Nagar, Chromepet, Chennai 600 044, having a super built up area 1170 sq. feet ., together with undivided share of land measuring an extent of 737.258 sq. feet. out of 4847 sq. feet comprised in the Old Survey No.7, New Survey No. 7/7A4 Part situated in Asthinapuram Village, present Alandur Taluk, Kancheepuram District, Registration District of Chennai south and Sub-Registration District of Pallavaram Being bounded on the: North by: Plot No.22A.

South by: East by: West by:

Plot No.23 30 Feet Ramachandra Iyer Street and Plot No. 13,

-5AND lying within the limits of Pallavaram Municipalty. PROPERTY TAX ASSESSMENT NO.39372 TNEB Meter No: 257-820-959 IN WITNESS WHEREOF THE PARTIES HEREIN HAVE SET THEIR HANDS AT CHROMEPET, CHENNAI ON THIS DAY SUNDAY 6TH, OF MARCH MONTH 2011 YEAR. FIRST PART: SECOND PART

(D.S. SOMASUNDARAM)

(M. VAIDYANATHAN )

WITNESSES; 1. 2.

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