EXCHANGE DEED

This exchange deed is made on this 1st day of August 2022 at Bangalore between:

Mr. Krishnareddy, S/o. Mr. Venkat Reddy, aged about 45 years, residing at No. 10, 1st Cross,
JP Nagar, Bangalore - 560078, hereinafter called the "First Party" (which expression shall
unless repugnant to the context or meaning thereof mean and include his heirs, legal
representatives, successors, assigns, etc.) of the FIRST PART;

AND

Mr. Ravireddy, S/o. Mr. Rama Reddy, aged about 40 years, residing at No. 20, 2nd Main,
Dollars Colony, Bangalore - 560094, hereinafter called the "Second Party" (which
expression shall unless repugnant to the context or meaning thereof mean and include
his heirs, legal representatives, successors, assigns, etc.) of the SECOND PART.
Whereas, the term the First Party and the Second Party unless repugnant to the context
shall mean and include their representatives heirs, successors, executors, administrators,
trustees, legal representatives and assigns.
WHEREAS the First Party herein, is the sole and absolute owner and in possession of the
immovable property bearing Sy. No. 6/1 measuring 2 acres situated at Bangalore Rural,
more fully described in the Schedule A annexed hereto (hereinafter referred to as the
"First Schedule Property"),
Whereas, the First Party is the absolute owner, having acquired the said property by way
of inheritance from his father Mr. Venkat Reddy, vide registered Will dated 1.1.2020, as
document No. 100, Book No. 1, Vol. No. 1, pages 1 to 10, duly registered in the of ice of
Sub-Registrar, Bangalore Rural and since then First Party has been in possession and
enjoyment of the First Scheduled property and paying taxes and levies thereon, as sole
and absolute owner thereof.

WHEREAS the Second Party herein, is the sole and absolute owner and in possession of
the immovable property a 3 BHK lat bearing No. 101, situated on the irst loor of the
building known as "Ravi Residency", Dollars Colony, Bangalore - 560094, more fully
described in the Schedule B annexed hereto (hereinafter referred to as the "Second
Schedule Property"),
Whereas, the Second Party is the absolute owner, having acquired the property, by
purchase the said property from Mr. Raju, vide registered Sale Deed dated 1.2.2020, as
document No. 200, Book No. 2, Vol. No. 2, pages 11 to 20, duly registered in the of ice of
Sub-Registrar, Bangalore North and since then Second Party has been in possession and
enjoyment of the Second Scheduled property and paying taxes and levies thereon, as sole
and absolute owner thereof.

Whereas it has been agreed between the parties hereto to exchange their respective
properties viz. First scheduled property written here under unto and to the use of the
Second Party in consideration of the Second Scheduled property here under written unto
the use of First Party.

NOW THIS DEED WITNESSETH AS FOLLOWS:

1. The parties hereto hereby declare and con irm that they have mutually and amicably
exchanged their respective properties among themselves as per the following terms and
conditions:

a) The First Party hereby conveys, transfers, and assigns to the Second Party, all his right,
title, and interest in the First Schedule Property, in exchange of the Second Schedule
Property, and delivers the possession of the same to the Second Party.

b) The Second Party hereby conveys, transfers, and assigns to the First Party, all his right,
title, and interest in the Second Schedule Property, in exchange of the First Schedule
Property, and delivers the possession of the same to the First Party.

c) The parties hereto hereby agree that the market value of the First Schedule Property
is Rs. 1,00,00,000/- (Rupees One Crore only) and the market value of the Second Schedule
Property is Rs. 80,00,000/- (Rupees Eighty Lakhs only).

d) The parties hereto hereby agree that the difference in the market value of the
exchanged properties, i.e., Rs. 20,00,000/- (Rupees Twenty Lakhs only) shall be paid by
the Second Party to the First Party, as consideration for the exchange, by way of a cheque
bearing No. 123456, dated 1.8.2022, drawn on State Bank of India, Dollars Colony Branch,
Bangalore.

e) The parties hereto hereby acknowledge and admit the receipt and possession of their
respective properties, as per clause 1(a) and 1(b) above, and hereby release and
relinquish all their rights, title, interest, and claims in the other properties, in favour of
the respective parties in whose favour such properties have been exchanged.
2. The parties hereto hereby agree and undertake to execute and register the necessary
deeds and documents, at their own costs and expenses, to give effect to this exchange
deed and to con irm their respective titles and ownerships in their respective properties.

3. The parties hereto hereby agree and undertake to bear and pay all the taxes, charges,
dues, levies, etc., payable to the government or any other authority in respect of their
respective properties, from the date of this exchange deed onwards.

4. The parties hereto hereby declare and assure each other that they have not entered into
any agreement or arrangement with any other person or party for the sale, transfer,
mortgage, lease, gift, exchange, or otherwise disposal of their respective properties or any
part thereof, and that they have not created any encumbrance, charge, lien, claim,
demand, etc., over their respective properties or any part thereof, in favour of any person
or party, and that they have the absolute right, power, and authority to exchange and
transfer their respective properties, in accordance with the terms and conditions of this
deed.

5. The parties hereto hereby undertake and agree to indemnify and keep indemni ied
each other, against any loss, damage, cost, expense, claim, demand, etc., arising out of or
in relation to any defect or de iciency in the title, ownership, possession, or transfer of
their respective properties or any part thereof, or any breach or non-performance of any
of the terms and conditions of this deed by any of the parties.

6. This deed shall be binding on the parties hereto and their respective heirs, legal
representatives, successors, assigns, etc., and shall not be revoked or cancelled by any of
the parties, except by mutual consent of all the parties.

7. Any dispute or difference arising out of or in relation to this deed shall be referred to
arbitration by a sole arbitrator, to be appointed by mutual consent of all the parties, in
accordance with the provisions of the Arbitration and Conciliation Act, 1996, or any
statutory modi ication or re-enactment thereof. The arbitration proceedings shall be held
at Bangalore and the award of the arbitrator shall be inal and binding on all the parties.

8. This deed is executed in two copies and each party shall retain one copy of this deed.

FIRST SCHEDULE
(Property belongs to First Party exchanged to the Second Party)
All that piece and parcel of land bearing Sy. No. 6/1 measuring 2 acres situated at
Bangalore Rural, bounded on the:
East by: Road
West by: Land of Mr. Kumar
North by: Land of Mr. Prakash
South by: Land of Mr. Raju
Market value of the property under this deed is Rs. 25,00,000/- (Rupees Twenty- ive
lakhs only).

SECOND SCHEDULE
(Property belongs to Second Party exchanged to the First Party)

All that 3 BHK flat bearing No. 101, situated on the first floor of the building known as
“Ravi Residency”, Dollars Colony, Bangalore - 560094, having a super built-up area of
1500 sq. ft., along with one car parking space in the basement, bounded on the:

East by: Flat No. 102

West by: Staircase

North by: Corridor

South by: Flat No. 100

Together with an undivided share of 1/20th in the land measuring 10,000 sq. ft. on which
the said building is constructed, and all the rights, easements, and appurtenances thereto
belonging or appertaining.
Market value of the property under this deed is Rs. 24,00.000/- (Rupees Twenty-four
lakhs only).
The Stamp duty is paid on the market value as stated above.
IN WITNESS WHEREOF, the parties hereto have set their hands on the day, month and
year irst above written.

Signed and delivered by the First Party

Mr. Krishnareddy

In the presence of witnesses:

2. Name: ..................
Address: ..................
Signature: ..................

Signed and delivered by the Second Party

Mr. Ravireddy

In the presence of witnesses:

1. Name: ..................
Address: ..................
Signature: ..................

2. Name: ..................
Address: ..................
Signature: ..................