SALE DEED

This SALE DEED is made and executed on this ____ day of _____________ 2022 at SRO
Quthbullapur, Medchal Malkajgiri District by:

1. Sri. B. Teja Raju S/o. Sri. B. Ramalinga Raju, aged about 43 years, Occ:
Business, Resident of C2, Trend set Vantage, Road No.14, Banjara hills
Hyderabad -500034, PAN: AFSPB9531Q Aadhaar No. 6204 3100 4314;

2. Sri. B. Rama Raju S/o. Sri. B. Ramalinga Raju, aged about 41 years, Occ:
Business, Resident of B1, # 8-2-317/1, Cross Winds Flats, Road No.14, Banjara
Hills, Hyderabad -500034, PAN: AGNPB1463D Aadhaar No.2069 5171 5498;

3. Sri. B. Satyanarayana Raju S/o. Sri. B. Suryanarayana Raju, aged about 35

years, Occ: Business, Resident of H. No.2-123/A, Satyam Enclave, Jeedimetla,
 2

Suchitra Junction Post, Secunderabad – 500067 PAN: AIVPB7120M Aadhaar

No.7824 6043 0944;

4. Sri. B. Rahul Raju S/o. Sri. B. Rama Raju, aged about 31 years, Occ: Business,
Resident of Plot No.1326, Road No.66, Jubilee Hills, Hyderabad -500033, PAN:
ASKPR3691L Aadhaar No.3918 1613 4132;

Parties Nos.1 to 4 are represented by their DGPA Holder M/s. Aparna Constructions
and Estates Private Limited a Company registered under the Companies Act, 1956
having its registered office at # 802, Astral Heights, D.No.6-3-352/2&3, Road No.-1,
Banjara Hills, Hyderabad represented by its Authorized Signatory Mrs. Kandula
Sravanthi Reddy W/o Mr. Kandula Sreenivas Reddy (Aadhaar No. 8703 9859 6065)
aged about 40 Years, Occupation: Service, 802, Astral Heights, H. No.6-3-352/2&3, Road
No.1, Banjara Hills, Hyderabad – 500 050 vide Registered Development Agreement cum
Special Irrevocable Power of Attorney dated 2.5.2019 bearing Document No.11933/19
on the file of the Sub Registrar, Qutbullapur

(Hereinafter called the “VENDORS/LANDOWNERS/ LAND OWNERS”)

AND

M/s. APARNA CONSTRUCTIONS AND ESTATES PVT LTD, CIN

No.U70109TG1996 PTC025330, a company incorporated under the Companies Act,
1956, and having its registered office at # 802, Astral Heights, D.No.6-3-352/2&3, Road
No.1, Banjara Hills, Hyderabad – 500 034, (PAN No. AADCA1031D) represented by its
authorized signatory Mrs. Kandula Sravanthi Reddy W/o Mr. Kandula Sreenivas
Reddy (Aadhaar No. 8703 9859 6065) aged about 40 Years, Occupation: Service, 802,
Astral Heights, H. No.6-3-352/2&3, Road No.1, Banjara Hills, Hyderabad – 500 050 vide
Board Resolution dated 24th December, 2020.

(Hereinafter called as the “PROMOTER/DEVELOPER”)

IN FAVOUR OF

1. «Primary_Applicant_PA», S/o. Mr. _______________, aged about ___ years,

Occupation: ______, R/o. «Permanent_Address». Ph. No. «Phone_Number»

2. «Second_Applicant_SA», S/o. Mr. _______________, aged about ___ years, Occupation:

______, R/o. «Permanent_Address». Ph. No. «Phone_Number»
 3

(Hereinafter called the “PURCHASER(S)/ALLOTTEE(S)”)

The expressions the "VENDORS/LANDOWNERS", “PROMOTER/DEVELOPER” and

"PURCHASER(S)/ALLOTTEE(S)" shall mean and include their respective heirs, legal
representatives, executors, administrators, assignees, liquidators, successors-in-interest,
etc., wherever the context permits.

Whereas, the Vendors/Landowners acquired the land admeasuring Ac.27-39Gts

out of Ac.31-07Gts in Sy No.25/1 (Part) of Petbasheerabad Village, Qutbullapur
Mandal, Medchal-Malkajgiri District under the partial partition among their family
members vide Registered Partition Deed dated 14.12.2018 bearing Document
No.27088/2018 on the file of the Sub Registrar, Qutbullapur and the land allotted to the
parties as under :

S. No. Name of the Party Extent

Ac-Gts
1. Sri. B. Teja Raju (Vendor No.1) 4-24.4
2. Sri. B. Rama Raju (Vendor No.2) 4-24.4
3. Smt. B. Nandini Raju 0-19.83
4. Sri. B. Sathyanarayana Raju (Vendor No.3) 9-24.4
5. Smt. B. Jhansi Rani 0-19.83
6. Sri. B. Rahul Raju (Vendor No.4) 9-06.4
7. Smt. B. Radha 0-24.29
8. Smt. A. Rajeswari 0-35.12
Total 31-07

Whereas, the Promoter/Developer entered in to the Development Agreement

cum Irrevocable Special Power of Attorney dated 2.5.2019 bearing Document
No.11933/19 on the file of the Sub Registrar, Qutbullapur with the Vendors/
Landowners/Land Owners in respect of land admeasuring Ac.27-39.6Gts in Sy
No.25/1 of Petbasheerabad Village, Qutbullapur Mandal, Medchal-Malkajgiri District,
hereinafter referred to as Development Agreement.

Whereas, the Vendors/Landowners and Promoter/Developer floated a scheme

to develop the multistoried apartments in an extent of 90,811.94 Sq. Mts equivalent to
Ac.22-17.6Gts out of Ac.27-39.6Gts in Sy No.25/1 (P) of Petbasheerabad Village,
Qutbullapur Mandal, Medchal-Malkajgiri District, more particularly described in the
Schedule-A annexed hereto and hereinafter called the Schedule –A Property and the
details of the shares of the Land Owners in the Schedule-A Property is as follows:
 4

Sl No Name of Land Owner Share in Schedule-A

Property
1 Sri. B. Teja Raju 1/6th
2 Sri. B. Rama Raju 1/6th
3 Sri. B. Satyanarayana Raju 1/3rd
4 Sri. B. Rahul Raju 1/3rd

The Greater Hyderabad Municipal Corporation granted the Permission for the
construction of Multi-Storied Residential Apartments consisting of ‘A to V Blocks’, in
the Schedule-A Property, vide File No.1/C25/22775/2019 and Permit
No.1/C25/09351/2020 dated 2.9.2020 in the Schedule-A Property.

Whereas, the Purchaser(s)/Allottee(s) herein, having been satisfied with the Title
of the Vendors/Landowners and the terms of the scheme, approached the Promoter/
Developer to sell the Apartment No. «Apt_No»; in Floor No. «Floor» in Block No.
«Tower» with saleable area of «Saleable_Area» Sq. Feet (includes Carpet area of
«Carpet_Area» Sq. Feet), balconies and Utility area of «Balcony__Utility» Sq. Feet)
and common area of «Common_Area» Sq. Feet totaling to Built-up area of
«Saleable_Area» Sq. Feet along with undivided share of land admeasuring «UDS» Sq.
Yards together with «Car_parking» Car Parking slots, hereinafter called the “Schedule-
B Property in the project named as “Aparna Serenity”, to be constructed in Schedule -
‘A’ Property, with a view to join the scheme for the purpose of having an Apartment
constructed in their name.

Whereas, Promoter/Developer has nominated the Purchaser(s)/Allottee(s) for

transfer of the “Scheduled-B Property” and accordingly, the Vendors/Landowners and
Promoter/Developer execute this Sale Deed in compliance with the terms of the
scheme.

NOW THIS DEED OF SALE WITNESSETH AS FOLLOWS:

1. In consideration of Rs. ________________/- (Rupees _________________________

________________________________ Only) paid by the Purchaser(s)/Allottee(s)
to the Promoter/Developer at the request of the Vendors/Landowners as per the
terms of the Development Agreement in the following manner:-
 5

Amount Amount
Cheque Received Less: GST Received
Date Drawn on Including Adjusted towards
No.
GST (In (In INR) Consideration
INR) (In INR)

Total

the receipt and realization of which the Vendors/Landowners and Promoter/

Developer herein, do hereby admit and acknowledge and accordingly discharge
the Purchaser(s)/Allottee(s), the Vendors/Landowners do hereby sell, transfer,
convey, assigns all their rights, title and interest whatsoever in the Schedule-B
Property along with undivided share in land equivalent to «UDS» Square Yards
out of the Schedule-A Property and proportionate share in common areas and
amenities, to the Purchaser(s)/Allottee(s) herein to have and hold the same
absolutely and forever, subject to the other terms of this deed.

2. This sale deed is executed subject to Sec.17 of the Real Estate (Regulation and
Development) Act, 2016, hereinafter referred to as RERA Act, under which the
Promoter has to execute registered Conveyance Deed in favour of the
Purchaser(s)/Allottee(s) in respect of the Apartment and undivided
proportionate title in the common areas to the Association of the
Purchaser(s)/Allottee(s) or the Competent Authority as the case may be. The
common areas defined include the entire land on which the Project is proposed,
as per Sec. 2 (n) of the RERA Act. Hence, undivided share of land mentioned in
the Schedule-B Property is only for the purpose of entitlement of the
Purchaser(s)/Allottee(s), but not the conveyance and the Promoter/Developer is
entitled to convey the title of the undivided share of land along with common
areas to the Association or as the case may be to the Competent Authority as per
the terms of the RERA Act.
 6

3. The Vendors/Landowners and Promoter/Developer have today inducted the

Purchaser(s)/Allottee(s) into the symbolic possession of the Schedule-B Property
and the Purchaser(s)/Allottee(s) shall enter into Construction Agreement with
the Promoter/Developer and on completion of the construction and on delivery
of the Schedule-B Property, the Purchaser(s)/Allottee(s) shall be entitled to enjoy
the same as per the other terms and conditions of this deed and the Construction
Agreement executed along with this deed.

4. The Purchaser(s)/Allottee(s) shall be entitled to obtain mutation or change in

service connection in his/their name, in respect of Schedule-B Property, after the
actual delivery of the same, without any further reference to the
Vendors/Landowners and Promoter/Developer herein and the Vendors/
Landowners and Promoter/Developer shall execute such further document or
paper as may be necessary for the said purpose.

5. The Purchaser(s)/Allottee(s) today entered into a separate agreement for

completion of construction of the Schedule-B Property with the Promoter/
Developer herein. The Purchaser(s)/Allottee(s) shall abide by the terms and
conditions agreed upon in the Construction Agreement, which shall be treated as
part of the conditions of this Sale Deed.

6. The Schedule-A Property shall always be subject to the scheme for construction
of multi-storied complex with ownership apartments and shall always remain
impartible. The Schedule-A Property shall remain impartible and shall always
remain subject to the said scheme and no one, including the
Purchaser(s)/Allottee(s) shall be entitled to seek partition and separate
possession.

7. The name of the Complex constructed in Schedule-A Property shall be “Aparna

Serenity” and shall not be changed or altered.

8. The Vendors/Landowners and Promoter/Developer shall have the right to

undertake and continue construction of other parts of the building and in
Schedule-A Property even after delivery of possession of the Schedule-B
Property to the Purchaser(s)/Allottee(s) and the Purchaser(s)/Allottee(s) shall be
bound to permit such construction, repairs, examinations, etc., without any
hindrance whatsoever from the Purchaser(s)/Allottee(s) or any one claiming
through them.

9. The Vendors/Landowners hereby declare and assure that the Schedule-B

Property is free from prior agreements, all encumbrances, prior mortgages,
 7

charges etc., and that the Vendors/Landowners have free and marketable title to
sell the same and further covenant to indemnify and keep the Purchaser(s)/
Allottee(s) fully indemnified against any or all loss or damage that may be
caused to the Purchaser(s)/Allottee(s) due to any defect in the title of the
Vendors/Landowners.

10. The Vendors/Landowners hereby declare that the Schedule-A Property is not an
assigned land within the meaning of A.P. Act, No.9 of 1977 and is not a surplus
land within the meaning of Central Act 33 of 1976.

11. The Purchaser(s)/Allottee(s) shall not be entitled to interfere with the

construction work under the scheme and shall not be entitled to seek any stay or
injunction restraining the construction from any court or other authority on any
ground and all their claims against the Vendors/Landowners and
Promoter/Developer shall be limited hereunder and for recovery of damages not
exceeding Rs.1,00,000/- if entitled under Law and do hereby undertake not to
cause any obstruction in any manner for the completion of the project in the
interest of the scheme and the third party Purchaser(s)/Allottee(s).

12. The Promoter/Developer shall be entitled to form a Society under Telangana

Societies Registration Act, 2001 or any other statute for the purpose of managing
the common areas and amenities and the Purchaser(s)/Allottee(s) shall join as
member of such society and shall be bound by the Bye-laws, Articles and other
Rules and Regulations of such Society.

13. There shall be one vote for each Apartment and every Apartment shall be single
and indivisible residential unit. The membership in the Society shall be
transferred on such terms and conditions, including payment of transfer fees, as
may be prescribed by the Bye-laws, Articles or other Rules and Regulations.

14. The corpus fund collected by the Promoter/Developer shall be handed over to
the Association/Society at the time of handing over of common areas to the
association and the Association shall maintain the Corpus Fund as per the terms
of the Bye Laws and Regulations of Society from time to time.

15. The Vendors/Landowners and Promoter/Developer shall deliver all the

common areas and amenities mentioned in Schedule C annexed hereto in the
proposed building to the said Society immediately after completion of the
complex in all respects and such Society shall be entitled to manage and maintain
the common areas and facilities in the proposed complex and till such Society is
 8

formed, the Promoter/Developer shall be entitled to maintain the common areas

and amenities and collect the maintenance charges from all the Apartment
Purchaser(s)/Allottee(s).

16. The Apartment Purchaser(s)/Allottee(s) and their tenants, licensees, family

members, servants, etc., and the Vendors/Landowners and Promoter/Developer
in respect of unsold Apartments, shall be bound by the Bye-laws and other
resolutions of the Society from the date of taking over of the possession of
common areas and amenities by the Society.

17. The Purchaser(s)/Allottee(s) shall be liable to pay the maintenance charges,

electricity, water and gas charges etc., payable in respect of Schedule-B Property
from the date of the delivery or deemed delivery. The date fixed by the
Promoter/Developer in this regard shall be final. The Promoter/Developer
and/or Society shall be entitled to disconnect all services including the supply of
water, electricity and gas etc. to the Apartment(s) of the defaulter without
prejudice to any other remedy available under law.

18. The Purchaser(s)/Allottee(s) shall not alienate in any manner Schedule-B

Property without “No Objection Certificate” from the Promoter/Developer till
forming of the Society and thereafter from the Society. The
Purchaser(s)/Allottee(s), his lessee, licensee and any other occupant of his
Apartment shall be bound by the terms of this Sale Deed and the Construction
Agreement, and also the Bye-Laws and resolutions of the Society. The
Promoter/Developer and/or Society shall be entitled to collect transfer fees in
case of transfer of ownership, which shall be credited to the corpus fund.

19. It is specifically agreed that the Purchaser(s)/Allottee(s) of the Apartment(s) in

the proposed complex, including the Purchaser(s)/Allottee(s) herein shall not
have any right in respect of any area except the area for which they makes the
payment under the this Sale Deed and further that the parking area and the
terrace shall not be treated as common areas. The Promoter/Developer shall
hand over the Clubhouse, Amenities and other common areas to the
Society/Competent Authority. The Promoter/Developer shall convey the title of
the Club House in favour of the Society subject to the compliance of the terms
and condition of the scheme, after completion of two years maintenance by the
Promoter/Developer. The Society shall bear the stamp duty, registration fee and
all other incidental charges for the conveyance of the Club House in favour of the
Society.
 9

20. The Promoter/Developer shall be entitled to manage common areas and

amenities and also to regulate driveways and car parking slots for initial two
years from the date of commencement of the prepaid maintenance and the date
shall be fixed by the Promoter/Developer and the same is binding on the
Purchaser(s)/Allottee(s). The Promoter/Developer shall hand over the common
areas and amenities to the Society after completion of the two years maintenance
and thereafter the Society shall regulate the same. The common areas shall be
only those mentioned in Schedule-C hereto and the Purchaser(s)/Allottee(s)
shall not have any exclusive right in respect of the same. It is specifically agreed
that parking areas shall not be treated as common areas and it shall be treated as
limited common area. The Purchaser(s)/Allottee(s) shall not misuse or convert
any common area or cause any nuisance or annoyance to the other residents.
The Schedule-B Property shall not be used for any purpose other than for
residential use. The Purchaser(s)/Allottee(s) shall become members of the
Society of Apartment Owners to be formed by the Vendors/Landowners &
Promoter/Developer till then, the Vendors/Landowners & Promoter/Developer
shall alone be entitled to maintain and manage the common areas and amenities
to the exclusion of all other persons. Any other amenities not mentioned in
Schedule-C such as Club House Services, Gym Facilities, Swimming Pool, Gas,
Cable and Internet Connections etc., shall not be part of common amenities but
may be provided to the Purchaser(s)/Allottee(s) only on such terms as may be
stipulated by the Promoter/Developer and make payments to such amenities.
The Promoter/Developer shall have exclusive right to maintain Club Houses,
Gym & Swimming Pool for initial two years, which shall be maintained by
Promoter/Developer or through its associated company or any third party
nominated by the Promoter/Developer.

21. The Purchaser(s)/Allottee(s) shall pay to the “Promoter/Developer” or to the

company nominated by the Promoter/Developer towards Common Area
Maintenance for a period of two years in addition to Corpus Fund in the name
of Aparna Serenity Owners Welfare Society (to be formed by the
Promoter/Developer) on par with other Apartments Owners of the Schedule-A
Property; and other charges along with all applicable taxes/levies which shall be
paid by the Purchaser(s)/Allottee(s) to “Promoter/Developer” at the time of
handing over of the apartment.

22. The Purchaser(s)/Allottee(s) shall pay an amount of Rs. 20,000/- towards Non-
refundable Deposit as Caution Deposit against the user / subscription charges at
the time of handing over the Apartment. Also, the Purchaser(s)/Allottee(s) shall
pay an amount of Rs. 30,000/- as Refundable Deposit to the
“Promoter/Developer” along with the final dues, before handing over of the
 10

Apartment. Expenses towards Charges for debris removal, water consumed and
electricity consumed and any other expenses / charges / loss / damages during
the execution of interiors, as the case may be, whichever are as applicable will be
debited to the refundable Caution Deposit. The balance amount of refundable
deposit will be returned to the Purchaser(s)/Allottee(s) by the
“Promoter/Developer” within one month on finalization of the account. The
regular common maintenance shall commence immediately after the
Promoter/Developer is ready with all the common amenities and facilities and
sends a communication of handing over of apartments. The commencement of
maintenance shall be from the date as mentioned in the said communication
irrespective of whether the Purchaser(s)/Allottee(s) taking the possession of the
apartment and the company will have nothing to do if the
Purchaser(s)/Allottee(s) do not take over of the apartment.

23. It is agreed that the Purchaser(s)/Allottee(s) shall alone be liable to pay the
maintenance charges, irrespective of whether the Apartment is occupied or not
or occupied by a tenant or any other person. The Society shall have charge on
every Apartment for all the amounts, including the maintenance charges, due
from its Purchaser(s)/Allottee(s) or other occupant.

24. The Purchaser(s)/Allottee(s) shall also make an advance payment of the amount
likely to incur towards maintenance for six months as permanent deposit to be
retained by the Promoter/Developer/Society. This is required in view of the
terms and conditions of the supply normally insisted by the service providers of
electricity, gas, water, telephone, internet and other tele media services, etc, in
respect of apartment and to minimize the risks involved in collection of dues
from the individual Apartment Owners and consequent dues in payment to the
service providers and to avoid any default by the society or other person
managing the common areas and amenities and consequent disconnection.

25. The Purchaser(s)/Allottee(s) shall not, by any act or illegal omission cause any
damage to the partition walls, structure and slabs of the building or any other
common area or amenity in the building and shall not try to convert or encroach
any common area for his exclusive use or otherwise interfere with the enjoyment
of the common areas and facilities by other Purchaser(s)/Allottee(s) and shall not
commit any act or illegal omission, which would cause annoyance or nuisance to
the residents of the other Apartments in the building or convert the Apartment
into any other purpose other than residence and shall not sub-divide the
Apartment.
 11

26. The Purchaser(s)/Allottee(s) shall not make any additions or alterations or any
new construction of any nature whatsoever contrary to the structural designs of
the plan for their Apartment and shall not change the architectural elevations of
the Apartment. The Purchaser(s)/Allottee(s) shall not alter the exterior colour of
their Apartment. If at all the Purchaser(s)/Allottee(s) wishes to make any
internal additions or alterations, they have to obtain prior written consent of the
Promoter/Developer/society, which consent shall not be unreasonably
withheld. No alterations to the exteriors or fixing of grills/mesh or any other
fixtures, which affect the elevation of the building shall be permitted.

27. The Purchaser(s)/Allottee(s) shall install the air conditioners only at the space
earmarked/specified by the Promoter/Developer; Window air conditioners are
not allowed to be fixed in any external areas like corridors etc, without the prior
written consent of the Promoter/Developer/society. The Purchaser(s)/
Allottee(s) shall not install any telephone, air-conditioner, any antenna or other
appliances or devices or structures except in the manner provided as per the
designs made by the consultants or permitted in writing by the
Promoter/Developer/society.

28. The Purchaser(s)/Allottee(s) shall avail services only from the panel of service
providers, approved by the Promoter/Developer and/or Society. The Promoter/
Developer and/or Society shall maintain the approved panel of service
providers, which shall not be more than two, at any point of time, to avoid
inconvenience and damage to the common areas, amenities, wiring, designs, etc.

29. The Purchaser(s)/Allottee(s) shall not be permitted to use the passenger lifts for
the carriage of goods or merchandise or any other removals, including garbage.
In case of any damage to the flooring, walls or lifts or other common areas and
amenities, caused on account of shifting household articles, furniture, gadgets,
etc., by the Purchaser(s)/Allottee(s) or his tenants, nominees etc., the Promoter/
Developer and/or Society shall be entitled to recover the entire cost for repair
thereof.

30. The Promoter/Developer shall be entitled to restrict the entry into the Schedule-
A Property during the course of the construction of the project in the interest of
safety. The Purchaser(s)/Allottee(s) shall sign the register and take the assistance
of escorting staff, while entering the Schedule-A Property for the purpose of
inspecting the Schedule-B Property, during the construction. The Purchaser(s)/
Allottee(s) shall point out all the defects and deficiencies found by him, during
the construction and the Promoter/Developer shall rectify the same depending
 12

on their feasibility. The Purchaser(s)/Allottee(s) shall not be entitled to raise any

objection after delivery of Schedule-B Property, except in case of latent defects
which could not be detected during such inspection. In case of any dispute, the
matter shall be referred to the Architect, overseeing the construction, whose
decision shall be final.

31. It is agreed that in case any structural defect or any other defect in workmanship,
quality or provision of services or any other obligations of the
Promoter/Developer relating to such development is brought to the notice of the
Promoter within a period of 5 (five) years by the Purchaser(s)/Allottee(s) from
the date of handing over possession, the Promoter/Developer/Promoter shall
rectify such defects without further charge, within 30 (thirty) days, and in the
event of Promoter/Developer’s failure to rectify such defects within such time,
the aggrieved Purchaser(s)/Allottee(s) shall be entitled to receive appropriate
compensation in the manner as provided under the RERA Act.

32. Notwithstanding anything contained in the above clause, the

Promoter/Developer shall not be liable in following cases:

i. Equipments (lifts, generator, motors, STP, transformers, gym equipment

etc which carry manufacturer’s guarantees for a limited period. The
Promoter shall transfer manufacturers’ guarantees/warrantees to the
Purchaser(s)/Allottee(s) or association of Purchaser(s)/Allottee(s) as the
case may be. Thereafter, the association/society shall take annual
maintenance contract with the suppliers.

ii. Fittings related to plumbing, sanitary, electrical, hardware etc having

natural wear and tear.

iii. Allowable structural and other deformations including expansion

quotient.

iv. The terms of work like painting etc., which are subject to wear and tear.

v. Any branded inputs or fixtures or services of any third party Branded

items and inputs which are as per the terms and conditions of
manufacturer/dealer/ supplier and are subject to availability.

vi. The Purchaser(s)/Allottee(s) shall maintain the apartments in good

tenantable conditions and carry out the internal repairs for the upkeep of
 13

the apartments. The association of the Purchaser(s)/Allottee(s) or its

assigns shall maintain the services and amenities in good condition and
covered with proper AMC and insurance. The obligation of the Promoter
Promoter/Developers shall always be subject to proper maintenance and
upkeep of the apartments/services and amenities by the
Purchaser(s)/Allottee(s) or the association of the Purchaser(s)/Allottee(s)
as the case may be.

33. The Promoter/Developer shall have absolute discretion in creating the parking
slots and allotting the same to various Purchaser(s)/Allottee(s) as per their
respective entitlement under their respective agreements and such parking area
shall be treated as limited common area, confined to the use of the
Purchaser(s)/Allottee(s), to whom they are so allotted.

34. There shall be Workmanship tolerances, margins and variations in sizes as per
the working plans of the Schedule-B Property.

35. In case of any dispute or difference, other than those mentioned in clause (31)
above, namely, the disputes referable to the Architect, arising out or in
pursuance or with regard to the interpretation of the terms of this deed shall be
referred to the sole Arbitrator to be selected by the Purchaser(s)/Allottee(s) out
of any three persons having experience in construction and development to be
suggested by the Promoter/Developer. The remuneration of the Arbitrator shall
be 1% of the value of the dispute, subject to a maximum of Rs.50,000/-. The
Arbitrator shall commence the arbitration and pass the Award within three
months of such reference. The venue of Arbitration shall be Hyderabad and
subject to the jurisdiction of the Hyderabad District Courts only.

36. Notwithstanding anything contained herein above, this deed shall not
super-cede or override any agreement entered into by the Purchaser(s)/
Allottee(s) with the Promoter/Developer and shall not create any absolute
rights, unless and until all the amounts due to the Promoter/Developer are fully
paid and the Promoter/Developer delivers the actual physical possession of the
Schedule-B Apartment to the Purchaser(s)/Allottee(s) and the rights of the
Purchaser(s)/Allottee(s) shall always be subject to the terms of this deed.

SCHEDULE-A PROPERTY

All that land admeasuring 90,811.94 Sq. Mts equivalent to Ac.22-17.6Gts out of
Ac.27-39.6Gts in Sy No.25/1 Part of Petbasheerabad Village, Quthbullapur Mandal,
Medchal-Malkajgiri District, and bounded as follows:
 14

North : Existing 12 Mts wide Road;

South : 18 Mts wide Road and Remaining Land of Owners;
East : Neighbors Land;
West : St Ann’s School.

Schedule ‘B’ – Property

All that Part and Parcel of Semi-Finished Apartment No.«Apt_No»; in Floor No.
«Floor»; in Block No. «Tower» with saleable area of «Saleable_Area» Sq. Feet
(includes Carpet area of «Carpet_Area» Sq. Feet), balconies and Utility area of
«Balcony__Utility» Sq. Feet) and common area of «Common_Area» Sft totaling to
Built-up area of «Saleable_Area» Sq. Ft. along with undivided share of land «UDS»
Sq. Yards together with «Car_parking» Car Parking slots to be constructed in the
project named as “Aparna Serenity”, in Schedule -‘A’ Property bounded as follows:

North : _________________,

South : _________________,

East : _________________,

West : _________________.

SCHEDULE – C

The common facilities and areas in which owners shall have proportionate,
undivided and impartible share are as follows:

COMMON FACITLIES

1. The Bore-well, Sump, and Motor.

2. The Lift and Machine Room.
3. Staircase and Lobby.

COMMON AREAS

1. Corridors
2. Open Area between Towers
3. Roads
4. Playing Areas
5. Columns, Beams, all exterior walls, staircases, water tanks
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IN WITNESS WHEREOF, the parties herein have signed and executed this Deed of Sale,
with their free will and consent, on above mentioned day, month & year, in the
presence of the following witnesses:

WITNESSES:

1.

Vendors/Landowners No.1 to 4
represented by GPA holder.

2.

PROMOTER/DEVELOPER

PURCHASER(S)/ALLOTTEE(S)