Murali Agreement 1st Aug 2024 to 30th Jun 2025

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RENTAL AGREEMENT

This rental agreement is entered into at Chennai on this 31 st Jul, 2024 between M.
Selvakumar son of N. Mani (late), aged about 49 years, residing at Old No. 45, New No.28
Ponniamman Koil Street, Kottur, Chennai – 600 085 herein after called as the “Landlord”
and Murali (Aadhar no. 9171 2379 8334), aged about 24 years, residing at No.9 Sembaruthi
Street, Semathamman Nagar, Chinmaya Nagar, Koyambedu, Chennai 600 107 and the
permanent address 193, Nadu Street, Seethamangalam, Pavithram, Thiruvannamalai,
Tamilnadu 606806 hereinafter called as “Tenant”.

Whereas the building bearing the New No: 28 old no 45, Ponniamman Koil Street,
Kottur, Chennai 600 085 belongs to the Landlord absolutely in his own right and whereas
the Tenant had approached the Landlord to let out the shop and purely for commercial
purpose (Flower shop) in the ground floor (West Side) of the said building for which the
Landlord willing to such course.
Now this rental agreement witnessesth the Terms and Condition mutually agreed to
between the Landlord and the Tenant as under: -

1. The Landlord shall let out and the tenant shall take on the premises mentioned
hereunder with effect from 1st Aug 2024, for a period of 11 months .i.e. from 1st
Aug 2024 to the end of 30th Jun 2025.

2. The rent mutually agreed is Rs. 15,500/- (Rupees Fifteen Thousand Five
Hundred Only) per month and the tenant agrees, to pay the rent regularly on or
before 5th of the succeeding month without fail.

3. The tenant agrees to keep the portion let out in a good and tenantable condition
and shall not Sub-let or alter the name without the written consent of the
Landlord.

4. The tenant agrees to pay the electricity charges, EB deposit, ACCD deposit
(Additional Current Consumption Deposit) and water charges which are not
included in the rent, as per the meter installed and also pay any other charges as
per the bills received.

5. The tenancy is for non-residential purpose, only to have his business and shall
not be used for any recreation club, residential or other such purpose.

6. The tenant had paid a deposit of Rs. 4,00,000/- (Rupees Four lakhs Only) and it
shall not bear any interest. This amount will be used by the landlord to repair
damages if any caused to the building by the tenant during their tenancy period.
The tenant agrees to vacate and handover vacant possession after the expiry of
the period aforesaid. The deposit shall be returned to the tenant when they
vacate and hand over vacant possession after adjusting any amount due to the
landlord.

7. The Tenant shall not create any kind of nuisance in the premises.

8. The Tenant shall not make any additions and alterations in the portion where
they are staying without the consent from the Landlord.

9. It is mutually agreed that in the event of breach of any condition as mentioned


above, the contract shall be determined and terminated and the Landlord can
re-enter upon and take possession of the property.

10. This rental period is valid for a period of eleven months only from 1 st Aug 2024
to 30th Jun 2025 and which can be extended further 11 months periods with
mutual understanding by both the parties with an escalation in rent of 5% to
10% with further conditions mentioned therein.

11. The tenancy can be terminated by either party by giving three-month notice
after the lock-in period of first 11 months.

12. The landlord shall have all the rights to inspect the demised portion at all
reasonable hour with prior information.

13. On termination of the tenancy contract, the tenant shall duly deliver back
possession of the Scheduled Premises to the Landlord in the condition in which
it is let out, reasonable wear and tear and loss or damage by fire, flood, rain,
accident, irresistible force, expiry of life of the equipment or parts or
components or act of god accepted.

14. The Tenant shall not store any HAZAERDOUS objectionable or


COMBUSTIBLE OR PROHIBITED articles in the demised Premises.

15. That the Tenant hereby agrees to pay regularly and periodically all rents, rated,
Electricity and water charges.

16. The maintenance of the common area and the washroom has to be borne by the
tenants whoever using the facility.

17. The Tenant shall be required to carry out at its cost on the minor day to day
repairs such as replacement of fused bulbs, electric points, leakage of water
taps etc. The Landlord shall carry out all necessary repairs to the Demised
Premises for maintaining it the same in fair and tenantable condition but
beyond that the Landlord shall not be liable in any manner for any loss or
damage that may be caused to this tenant by reason of fire or water or any
break down in the plumbing, lift or any other installations on the said premises
due to any cause whatsoever.

18. If any breach committed by the Tenant, the Tenant shall be liable to
compensate the Landlord the monthly rent for the unexpired period of tenancy
agreement. Both the parties shall have the right to terminate the tenancy
agreement after giving three (03) months prior notice in writing to the
Landlord.

19. In case of default of any of the above conditions, the tenancy is liable to be
terminated irrespective of the Eleven months period mentioned above.
In the witness whereof the Landlord and the Tenant have signed this Agreement on
this day mentioned above in the presence of,

Witness

1. Landlord

2. Tenant

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