Premise Rent AgreementV2.0

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RENT AGREEMENT

THIS AGREEMENT made on the day of BETWEEN:

Mr. ,an adult Indian inhabitant, S/o ,


aged about year residing at (hereinafter
referred to as the OWNER which expression shall, wherever the context permits, be deemed to include their heir,
successor, legal representatives and assigns), being the party of the FIRST PART.

Or

, company incorporated and registered under the laws of India, having


PAN and having its office at
, represented by ,
an adult Indian inhabitant, aged years, residing at ,(hereinafter
referred to as the OWNER which expression shall, wherever the context permits, be deemed to include their heir,
successor, legal representatives and assigns), being the party of the FIRST PART

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, a Partnership/Proprietorship firm incorporated and registered under
the laws of India, having PAN and having its office at
, represented by , an adult Indian
inhabitant, aged years, residing at ,(hereinafter referred to as the OWNER
which expression shall, wherever the context permits, be deemed to include their heir, successor, legal
representatives and assigns), being the party of the FIRST PART
AND

M/s. IPS e Services Private Limited, a Company registered under the Company Act 1956, having its registered
office at 271, 7th Floor, Buidling No.02, Solitaire Corporate Park, Andheri Kurla Road, Chakala, Andheri (E),
Mumbai, India, PIN – 400093 represented by its Project Manager, Mr. Mohammad Ezaz Shaikh, S/o.
Mohammad Sayeed Shaikh, aged about 27 year; (hereinafter referred to as the TENANT) being the party of the
SECOND PART.

Whereas the Owner is the absolute owner with all rights of ownership and possession of the_Hamara Kendra,

(address of the renting property) ( the “Rented Premises”).

NOW THESE PRESENTS WITNESS that the parties hereto agree, record and confirm as under:-

1. PAYMENT:
a. That the Tenant shall pay the Owner Rs.10/-(Rupees ten only) annually including of maintenance
charges . The Tenant shall not pay any Security Deposit to the Owner.

2. TENURE PERIOD:
a. The tenancy shall be in force for a period of 11 months commencing from and thus
expires by . The tenancy shall be renewed for further period/s mutually agreed
between parties on the terms and conditions.

3. MAINTENANCE CHARGES:
a. That Owner shall pay the Electricity, Telephone charges directly for the electricity consumed in the
rented premises as per the metre in respect thereof. The Owner shall pay all the Municipal and/or
any other Taxes as applicable to the property.
b. The Tenant shall be allowed to make such alterations in the premises to make it usable as his office
premises for running Permanent Enrolment centre and/or Hamara Kendra centre without disturbing
or causing damage to the main structures of the Building.

4. RULES AND GOVERNING LAWS:


a. To keep the Owner indemnified and hold him free against all demands or claims in respect of non-
observance of any rules, byelaws etc. whatsoever pertaining to the premises.
b. The parties agree that these presents shall be subject to the Jurisdiction of the appropriate Courts of
Mumbai, Maharashtra State.
5. USE:
a. The Tenant shall only use the said flat for commercial purpose and shall not use it for any offensive or
objectionable purpose. If any alterations or repairs are required the Owner should be duly informed
for the same.
b. The Owner shall allow the Tenant peaceful possession of any enjoyment of the premises during the
continuance of tenancy provided the Tenant acts up to the terms of this agreement

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6. TERMINATION
a. It is hereby agreed that one month notice on either side is required for the termination of the
tenancy.

IN WITNESS WHEREOF the Owner and the Tenant respectively have hereunto set their respective hand the day
and year first hereinabove written.

(Tenant) (Owner)

SIGNED BY for and on behalf of SIGNED BY for and on behalf of


M/s. IPS e Services Private Limited

Signature: Signature:
Name: Mr.Mohammad Ezaz Shaikh Name:
Designation: ‘’Project Manager’’ Designation:

(Auth. Signatory) (Auth. Signatory)

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