RENTAL AGREEMENT

THIS AGREEMENT OF RENT is executed at Chennai on this the 24th day of January, 2024
BETWEEN

K.Ezhilarasi, Wife of V.Kesavan, (Aadhar No.5804 7086 1885) Hindu, aged about 38
years, residing at 29/15, Vasanth Garden 1 st Street, Ayanavaram, Chennai- 600 023, hereinafter
referred to as the LANDLORD of the ONE PART.
AND

SRINIVASAN KARUPPAIAH, Son of Karuppaiah, (Aadhar No. 3061 2611 7338)

aged about 52 years, residing at No.24A, Duraisamy Mudali Street, Ayanavaram, Chennai -
600 023, hereinafter referred to as the TENANT of the OTHER PART.

WHEREAS the LANDLORD is the absolute owner of the House situated at Door No.8, As
per property Tax, Old Door No.7, New Door No.17, Eda Ramasamy Pillai Street,
Ayanavaram, Chennai - 600 023, comprised in Pymiash No.1419/25, T.S.No. 70, Block No.18
with total area of 800 sq.ft in undivided share of 1710 sq.ft.
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WHEREAS the LANDLORD has offered to let-out the above property on rental basis and the
TENANT also agreed to take the demised premises on rental basis as per the terms and
conditions mentioned hereunder.

NOW THIS DEED OF RENTAL AGREEMENT WITNESSETH:

1. That the rental agreement shall be for a term 11 months commencing from 24.01.2024
to 23.12.2024 this period may be further extended at the exercise of option by either of
the party with fresh rental agreement.

2. That the Tenants shall pay as the monthly rent of Rs.14,000/- (Rupees Fourteen
Thousand Only) per month to be paid on or before 5 th day of every English calendar
month, excluding electricity and water charge.

3. That the TENANT shall pay Rs.1,00,000/- (Rupees One Lakh Only) as advance to the
Owner and same will be repaid after adjusting the cost for white wash, damage to
furniture’s, any structural renovation and damage of the apartment at the time of
termination of this agreement period. If the Tenants vacates before 14 of any English
calendar months, 15 days rent will be deducted from advance and if the tenants vacate
on or after 15th day of English calendar month, then full month rent will be deducted
from advance while vacating the premises. The TENANT shall pay a monthly
electricity bill as per the meter reading.

4. The TENANT shall not carry out any structural additions or alterations to the building
without the consent of the LANDLORD, but the TENANT shall have the right to
install electrical domestic appliances wherever and whenever necessary at his own cost.
At the time of handing back the possession, the TENANT shall restore the premises to
its original condition but subject to natural wear and tear.

5. All rates, taxes and other levies outgoings on account of rent and other levies municipal
or other authorities will be paid by the LANDLORD.

6. The TENANT shall not sub-let the premises either partly or wholly without having
written consent of the LANDLORD.
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7. The TENANT undertake to perform his obligations hereunder fully to comply with the
requirement of municipal or other authorities and guarantees peaceful occupation of the
demised premises by the LANDLORD.

8. That all the rules, regulations, laws and bye laws of the municipal corporation or any
local authority or authorities having jurisdiction over the demised premises shall be
complied with by the TENANT.

9. After the expiry of the rent period, on mutual understanding a new agreement shall be
executed between the parties, with the same terms and conditions set out in this
agreement.

10. The TENANT acknowledges and agrees that they are responsible for the regular
maintenance. The TENANT shall keep the Fixed Items in good condition, free from
damage caused by negligence or misuse.

11. The day-to-day repairs such a fuses, leaking of water taps, electrical fittings etc. and
maintenance of electricity/sanitary and all other fittings and fixtures shall have to be
carried out by the TENANT at its own, cost, but any major repairs such as breakage’s
bursting of sanitary pipes, cracks in consideration shall be the responsibility of the
LANDLORD.

12. The LANDLORD reserves the right to inspect the Fixed Items periodically to ensure
they are being properly maintained. Such inspections will be conducted with reasonable
notice to the Lessee.

13. Either party may terminate the lease at any time by giving (3) three months’ notice to
the other party and this clause shall apply only after completion of the rent period of
THREE MONTHS (i.e., the termination option shall be revoked by LANDLORD and
TENANT only after completion of the first Three Months period). The TENANT shall
not break the agreement, within the agreed period of three months.

14. Should any provision of this Agreement be held invalid or unenforceable, the
remainder of the Agreement shall not be affected thereby and shall continue in full
force and effect.
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15. This Agreement shall be governed by the laws of the jurisdiction in where the Premise
is located (i.e., Chennai Jurisdiction).

16. This document constitutes the entire agreement and may be modified or amended only
by written agreement signed by both Parties. There are no oral agreements between the
Parties.

SCHEDULE OF PROPERTY

All that piece and parcel of the land and building situated at Door No.8, As per
property Tax, Old Door No.7, New Door No.17, Eda Ramasamy Pillai Street, Ayanavaram,
Chennai - 600 023, comprised in Pymiash No.1419/25, T.S.No. 70, Block No.18 with total
area of 800 sq.ft in undivided share of 1710 sq.ft.

IN WITNESSES WHEREOF THE LANDLORD AND THE TENANT HAVE SIGNED

THIS DEED ON THE DAY AND YEAR FIRST ABOVE WRITTEN

LANDLORD TENANT

Witnesses:

1.

2.