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Full Price ATS T12 803 SARE Homes
Full Price ATS T12 803 SARE Homes
Full Price ATS T12 803 SARE Homes
AND
Mrs. Sonia D/o Sh. Kewal Krishan Sharma, (PAN No. BSWPS9730A and
Aadhaar No. 5311 7994 9028 Resident of B-545 Rishi Nagar Rani Bagh
Shakur Basti Saraswati Vihar North West Delhi 110034 and Mrs. Tripta
Sharma(PAN No.ACGPS9286G and Aadhaar No. 6931 2296 7199) W/o
Mr. Ajay Kumar Sharma resident of House no 496 Near Mugal
Canal,Sector 13 Ext.VTC karnal PO-Karnal District-Karnal Haryana 132001
(here inafter called the SECOND PARTY) of the other part.
THE EXPRESSION FIRST PARTY and SECOND PARTY shall mean and
include their respective heirs, successors, representatives and assigns etc.
AND WHEREAS the FIRST PARTY have now agreed to transfer/sell the
said property to the SECOND PARTY at the total sale value of
Rs.1,39,00,000/- (Rs. One Crore thirty nine LAKH only), and the
second party is ready to purchase the same on the following terms and
conditions:
4. That the time limit for registration of SALE Deed or transfer of the
said property has been mutually agreed on or before 14-07-2024. A
15 Days Grace period in allowed in case of delay because of loan or
any problem due to government work.
11. That if the FIRST PARTY infringes the terms and conditions of this
agreement or refuse to sign SALE Deed within stipulated period then
the second party shall be entitled to get registered SALE deed/
Transfer through court of law or SPECIFIC PERFORMANCE OF
CONTRACT BY COURT OF LAW at the cost and expenses of the FIRST
PARTY.
12. That time being the essence of the contract, it has been expressly
agreed between the Parties that in the event of delay or default by
the SECOND PARTY in making payment towards balance sale
consideration as a single instalment on or before the Stipulated Date,
the FIRST PARTY shall be fully entitled to forfeit the earnest money of
Rs. 13,90,000/- (Rs. THIRTEEN LAKH NINETY THOUSAND
ONLY) paid by the SECOND PARTY towards the signing of this
Agreement To Sell (ATS). Further, the FIRST PARTY shall be free to
sell the Said Property to any other person/ company and this ATS
would be deemed cancelled and void with an immediate effect.
13. That if the SECOND PARTY will back out from this agreement, then
the earnest money shall stand forfeited in favour of FIRST PARTY and
if the FIRST PARTY fails to comply his obligations in agreement to sell
or fails to appear before the office of sub registrar for the purpose of
execution of SALE Deed in favour of Second Party by whatsoever
reason, the FIRST PARTY shall pay double amount of the earnest
money to the SECOND PARTY.
14. That this Deed of Agreement To Sell (ATS) matures through M/S
SSD ENTERPRISES, who shall charge 1% of the total Sale Value
from both the parties, separately on completion of registration.
15. LOAN
WITNESSES
1.
2.
FIRST PARTY
SECONDPARTY