AGREEMENT OF SALE

This AGREEMENT OF SALE is made and executed on this ___ day of

____________, 2013, at Hyderabad, by and between:
1.

M/S. APARNA CONSTRUCTIONS AND ESTATES PRIVATE LIMITED a

Company registered under the Companies Act 1956, having its registered
office at #802, Astral Heights, H. No. 6-3-352/2&3, Road No.1, Banjara Hills,
Hyderabad, Represented by its Authorized Signatory Sri. D. S. Prasad,
S/o. Sri. D. V. Surya Rao, aged about 56 years, Occupation: Business,
R/o. Plot No.23, D.No.8-1-299/SV/23, Aparna Senor Valley, Film Nagar,
Jubilee Hills, Hyderabad 500 033.

2
2.

SRI. M. T. V. PRASAD VARMA, S/o. SRI. M. RANGA RAJU, aged about

35 years, Occ.: Private Service, R/o. Plot No. 17, R. R. Nagar, BHEL Lane,
Srinagar Colony, Old Bowenpally, Secunderabad.
Vendor No.2 Rep. by his GPA holder M/S. APARNA CONSTRUCTIONS
AND ESTATES PRIVATE LIMITED a Company registered under the
Companies Act 1956, having its registered office at #802, Astral Heights, H.
No. 6-3-352/2&3, Road No.1, Banjara Hills, Hyderabad, Represented by its
Authorized Signatory Sri. D. S. Prasad, S/o. Sri. D. V. Surya Rao, aged about
56 years, Occupation: Business, R/o. Plot No.23, D.No.8-1-299/SV/23,
Aparna Senor Valley, Film Nagar, Jubilee Hills, Hyderabad 500 033, vide
registered General Power Of Attorney dated 28.04.2012, bearing document
No.3092/IV/2012, on the file of Sub-Registrar, Serilingampally.

3.

SRI. V. JAGADEESHWAR, S/O. Late. V. HARI SHANKER, aged about

39 years, Occupation: Agriculture, R/o. H.No.2-69, Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.
Vendor No.3 Rep. by his GPA holder M/S. APARNA CONSTRUCTIONS
AND ESTATES PRIVATE LIMITED a Company registered under the
Companies Act 1956, having its registered office at #802, Astral Heights,
H. No. 6-3-352/2&3, Road No.1, Banjara Hills, Hyderabad, Represented by its
Authorized Signatory Sri. D. S. Prasad, S/o. Sri. D. V. Surya Rao, aged about
56 years, Occupation: Business, R/o. Plot No.23, D.No.8-1-299/SV/23,
Aparna Senor Valley, Film Nagar, Jubilee Hills, Hyderabad - 500 033, vide
registered Development Agreements Cum Irrevocable General Power Of
Attorney dated 07.03.2011, bearing document No.901/2011 and dated
16.09.2011, bearing document No.3134/2011, both registered on the file of
Sub-Registrar, Serilingampally.

4.

SMT. V. BHAGYALAKSHMI, W/O. LATE. DR. V. MALLIKARJUN, aged

about 60 years, Occupation: House Wife, R/o. H.No.6, Road No.8, Banjara
Hills, Hyderabad.

5.

SRI. V. TEJASWI MALLIKARJUN, S/O. LATE. DR. V. MALLIKARJUN,

aged about 29 years, Occupation: Student, R/o. H.No.6, Road No.8, Banjara
Hills, Hyderabad.

3
6.

SRI. V. MANU, S/O. LATE. DR. V. MALLIKARJUN, aged about 26 years,

Occupation: Student, R/o. H.No.6, Road No.8, Banjara Hills, Hyderabad.
Vendors No.4 to 6 are represented by their GPA holder M/S. APARNA
CONSTRUCTIONS AND ESTATES PRIVATE LIMITED a Company
registered under the Companies Act 1956, having its registered office at #802,
Astral Heights, H. No. 6-3-352/2&3, Road No.1, Banjara Hills, Hyderabad,
Represented by its Authorized Signatory Sri. D. S. Prasad, S/o. Sri. D. V.
Surya Rao, aged about 56 years, Occupation: Business, R/o. Plot No.23,
D.No.8-1-299/SV/23, Aparna Senor Valley, Film Nagar, Jubilee Hills,
Hyderabad-500 033, vide registered Development Agreement Cum
Irrevocable General Power Of Attorney dated 18.08.2011, bearing document
No.3133/2011, on the file of Sub-Registrar, Serilingampally.

7.

SRI. V. SRISAILAM GOUD, S/O. SRI. V. SUBHODI KISHAN, aged about

71 years, Occupation: Agriculture, R/o. H.No.2-68, Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.

8.

SMT.
G.
SUDHA
VANI,
W/O.
SRI.
SRINIVAS
GOUD,
D/O. SRI. V. SRISAILAM GOUD, aged about 41 years, Occupation: House
Wife, R/o. H.No.1-11-51, Chinna Thokatta Bowenpally, Secunderabad.

9.

SRI. V. JAYA KRISHNA, S/O. SRI. V. SRISAILAM GOUD, aged about

39 years, Occupation Agriculture, R/o. H.No.2-68, Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.

10.

SMT. K. PRASANNA LAKSHMI, W/O. SRI. K. SARATH BABU,

D/O. SRI. V. SRISAILAM GOUD, aged about 37 years, Occupation: House
Wife, R/o. Jukkal Village, Shamshabad Mandal, Ranga Reddy District.

11.

SRI. V. MALLIKARJUN GOUD, S/O. SRI . V. SRISAILAM GOUD, aged

about 31 years, Occupation: Business, R/o. H.No.2-68, Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.

12.

SRI. V. AJAY KUMAR, S/O. SRI V. SRISAILAM GOUD, aged about

29 years, Occupation: Business, R/o. H.No.2-68, Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.
Vendors No.7 to 12 are represented by their GPA holder M/S. APARNA
CONSTRUCTIONS AND ESTATES PRIVATE LIMITED a Company
registered under the Companies Act 1956, having its registered office at #802,
Astral Heights, H. No. 6-3-352/2&3, Road No.1, Banjara Hills, Hyderabad,
Represented by its Authorized Signatory Sri. D. S. Prasad, S/o. Sri. D. V.
Surya Rao, aged about 56 years, Occupation: Business, R/o. Plot No.23,
D.No.8-1-299/SV/23, Aparna Senor Valley, Film Nagar, Jubilee Hills,
Hyderabad-500 033, vide registered Development Agreement Cum
Irrevocable General Power Of Attorney dated 27.05.2011, bearing document
No.1822/2011, on the file of Sub-Registrar, Serilingampally.
(Hereinafter called the VENDORS)

4
AND
M/S. APARNA CONSTRUCTIONS AND ESTATES PRIVATE LIMITED a
Company registered under the Companies Act 1956, having its registered
office at #802, Astral Heights, H. No. 6-3-352/2&3, Road No.1, Banjara Hills,
Hyderabad, Represented by its Authorized Signatory Sri. D. S. Prasad, S/o.
Sri. D. V. Surya Rao, aged about 56 years, Occupation: Business, R/o. Plot
No.23, D.No.8-1-299/SV/23, Aparna Senor Valley, Film Nagar, Jubilee Hills,
Hyderabad 500 033.
(Hereinafter called the DEVELOPER)
AND
Sri. ________, S/o. Sri. _______________, aged about ___ years, Occupation: ______,
R/o. _____________________________________________________________________.
(Hereinafter called the PURCHASER/S)
The expressions the "VENDORS", DEVELOPER and "PURCHASER/S" shall
mean and include their respective heirs, legal representatives, executors,
administrators, assignees, liquidators, successors-in-interest, etc., wherever the
context permits.
Vendor No.1 (Ac. 12-37 Gts):
Whereas the Vendor No.1 is absolute Owner and Possessor of land
admeasuring Ac.12-37 Gts, situated at Nallagandla Village, Serilingampally Mandal,
Ranga Reddy district, having acquired the same in the following manner:
Sl.
No.
1.

2.

3.

4.

5.
6.

Sale Deed date &

Document No.
1362/2012
23.02.2012
2935/2012
12.04.2012
1335/2012
22.02.2012
20601/2006
20.09.2006
9765/2007
30.04.2007
1623/2011; 11.05.2011

Executed by
Sri. Jangam @ Vastrala
Basavaiah and Another
Sri. Jangam @ Vastrala Veera
Mallesh Alias Veera Mallaiah
and 4 Others
Sri. Jangam @ Vastrala
Sadanandam and 3 Others
Smt. V. Rajini and 5 Others

Smt. V. Rajini and 4 Others

Sri. N. Veerabhadraiah Goud
and 5 Others

Survey No.

Extent
Ac.- Gts

169/A

0-09

169/AA

0-09

169/E

0-09

169/AA

0-12

202

1-00

169/EE

0-14

170

0-17

Sl.
No.

7.

8.

Sale Deed
date &
Document
No.
1320/2010
15.04.2010

2518/2011
02.07.2011

Executed by

Smt. B. Kistamma and 12 Others

Sri. B. Venkat Reddy and 6 Others

Survey
No.

Extent
Ac.- Gts

183/A

0-07

179

0-14

180/A &
180/AA

0-12

183/E &
183/E1

0-06

208/A &
208/AA

0-08

181/AA1,
9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

1582/2011
09.05.2011

2550/2010
07.07.2010
1624/2011
11.05.2011

25538/2006
05.12.2006

3332/2011
06.09.2011
2685/2008
28.08.2008
2892/2009
04.12.2009
1820/2011
25.05.2011
20600/2006
23.09.2006
1434/2010
06.05.2010

181/AA2,
Smt. B. Tulsamma and 14 Others

181/AA3
&
181/AA4

0-15

Smt. B. Anjamma and 10 Others

181/A

0-08

Sri. P. Narasimha and 6 Others

181/A1

0-07

183/A

0-061/2

183/A1

0-061/2

207/A

0-05

207/AA

0-05

184

0-17

Sri. Bollampally Narayana Reddy

and Another

185

0-10

186

0-04

Sri. B. Pratap Reddy and

5 Others

185

0-11

186

0-03

Smt. B. Padmamma and

14 Others

185

0-10

186

0-04

187/AA

0-24

199/AA

0-13

187/A

0-12

199/A1

0-06

Sri. M. Anand and 2 Others

Sri. Padiga Ramchander Alias

Mangali P. Ramchander and
Others

Sri. Kammari Narayana and

Others

13

Sri. Kammari Narasimha Chary and

Others

6
Sl.
No.
19.

22.

Sale Deed
Executed by
date &
Document No.
420/2012
Sri. Kammari Srinivas Chary
and 2 Others
28.01.2012

955/2007
03.10.2006

23.

21167/2006
04.10.2006

24.

1864/2007
10.01.2007

25.

82/2010
16.12.2010

26.

20621/2006
29.09.2006

27.

22204/2006
19.10.2006

28.

3452/2011
12.09.2011

29.

19640/2006
27.09.2006

30.

2549/2010
06.07.2010

31.

1827/2011
30.05.2011

32.

1815/2011
02.06.2011

33.

2358/2011
07.07.2011

Survey
No.

Extent
Ac.- Gts

187/A

0-06

199/A

0-03

189

0-07

190

0-07

191

0-07

197

0-11

190

0-07

191

0-07

197

0-11

190

0-03

191

0-041/2

197

0-05

190

0-03

191

0-041/2

197

0-05

198/AA

0-15

198/E

0-15

Sri. Someswara Swamy

Devasthanam and Others

200

0-04

Smt. C. Chitar Bai and 10 Others

201

0-07

Sri. Muthyala Sayanna and

6 Others

201

0-03

Sri. M. Vasanth Kumar and

Others

206/A

0-21

206/AA

0-18

Sri. M. Damodar Reddy and

6 Others

Sri. Manchi Revula @ Perreddy

Ranga Reddy and 11 Others

Sri. M. Buchi Reddy and Others

Sri. M. Mohan Reddy and

Others

Sri. K. Sunil Reddy and Others

Sri. Vadla @ Sanatana
Ramachary and Others

Sri. Ragam Pochaiah

209/A
Smt. B. Parvatamma and
13 Others

209/AA

0-19

209/E
TOTAL

12-37

7
Whereas, the Thasildar Serilingampally Mandal, Ranga Reddy District mutated the
name of the Vendor No.1 in the Revenue records in the following manner:

Sl.
No.

1.

Proceedings
No. & Date

Survey
No.

Extent
Ac. - Gts

B/103/2012
18-08-2012

169/A
169/E

0-09
0-09

B/851/2007
04-12-2007

169/EE

0-14

169/EE

0-12

169/AA

0-09

B/173/2012
18-08-2012
2.

B/167/2011
03-01-2012

170

0-17

3.

B/194/2010
15-11-2010

179

0-14

4.

B/243/2011
03-01-2012

180/A
& 180/AA

0-12

5.

B/263/2011
18-08-2012

181/A

0-08

B/167/2011
03-01-2012

181/A1
181/AA1
181/AA2
181/AA3
181/AA4

0-07
0-03
0-04
0-04
0-04

6.

B/194/2010
15-11-2010
B/86/2007
28-03-2007

183/A

0-07

183/A
183/A1

0-061/2
0-061/2

9.

B/243/2011
03-01-2012

183/E &
183/E1

0-06

10.

B/243/2011
03-01-2012

184

0-17

11.

B/167/2011
03-01-2012

185

0-10

12.

B/402/2009
03-07-2010

185

0-10

13.

B/401/2009
03-07-2010

185/E

0-11

7.
8.

8
Sl.
No.

Proceedings
No. & Date

Survey
No.

Extent
Ac. - Gts

14.

B/167/2011
03-01-2012

186

0-04

15.

B/401/2009
03-07-2010

186

0-03

186

0-04

187/A

0-12

B/42/2008-15
22-06-2010

187/AA

0-24

B/98/2012
18-08-2012

187/A

0-06

189

0-07

190

0-10

190

0-03

190

0-07

191

0-07

197

0-11

B/222/2007
-5/2007

191

0-111/2

B/113/2011
03-01-2012

191

0-041/2

B/113/2011
03-01-2012

197

0-05

B/222/2007
-05-2007
B/42/2008-15
22-06-2010

197

0-16

198/AA

0-15

198/E

0-15

16.

17.

B/402/2009
03-07-2010
B/194/2010
15-11-2010

B/222/2007
-5/2007
18.
B/113/2011
03-01-2012

19.

20.

B/178/2008-1
18-11-2008

21.

22.
23.

B/178/2008-2
18-11-2008

Year

Extent
Ac. - Gts
B/1651/2006
28-03-2007

24.

Name of
the
Pattadar
199/AA

Name of the
Possessor
0-13

B/98/2012
18-08.2012

199/A1

0-03

B/194/2010
15-11-2010

199/A1

0-06

25.

B/243/2011
03-01-2012

200

0-04

26.

B/1651/2006
28-03-2007

201

0-07

27.

B/263/2011
18-08-2012

201

0-03

28.

B/1651/2006
28-03-2007

202

1-00

B/167/2011
03-01-2012

206/A

0-21

29.

206/AA
207/A

0-18
0-05

207/AA
208/A
208/AA
209/A
209/AA
& 209/E

0-05

30.

B/86/2007
28-03-2007

31.

B/243/2011
03-01-2012

32.

B/243/2011
03-01-2012

0-08
0-19

Vendor No.2 (Ac.1-39 Gts):

Whereas, the Vendor No.2 is Owner and Possessor of land admeasuring Ac.1-39 Gts
situated at Nallagandla Village, Serilingampally Mandal, Ranga Reddy District, in the
following manner:
Sl.
No.

Sale Deed
date &
Document No.

Executed by

1.

25985/2006
22.12.2006

Smt. V. Rajini and Another

2.

7664/2007
21.05.2007

Sri. K. Lava Chary and Others

Survey
No.

Extent
Ac.- Gts

202

0-04

187/A

0-06

199/A

0-04

10
Sl.
No.

Sale Deed
date &
Document No.

Executed by

Survey
No.

Extent
Ac.- Gts

3.

8203/2007
23.05.2007

Sri. Vadla Brahmaiah Alias

Vadla Brahma Chary and Others

198/A

0-21

4.

9482/2007
26.06.2007

Sri. A. Ramdas and Others

203/A

0-16.5

5.

9099/2007
26.06.2007

Sri. A. Ramchander and Others

203/AA

0-16.5

6.

26100/2006
21.06.2006

Sri. N. Ashok

204/A

0-06

7.

26099/2006
21.12.2006

Sri. N. Ashok

204/AA

0-05

TOTAL

1-39

Whereas, the Thasildar, Serilingampally Mandal, Ranga Reddy District mutated the
name of the Vendor No.1 in the Revenue records in the following manner:
Sl.
No.
1.
2.
3.
4.

Proceedings
No. & Date

Survey
No.

Extent
Ac. Gts

B/42/2008-14
22-06-2010
B/42/2008-14
22-06-2010

187/A

0-06

198/A

0-21

199/A

0-04

202

0-04

203/A

0-161/2

203/AA

0-161/2

204/A

0-06

204/AA

0-05

B/81/2009
22-06-2010
B/179/2008
18-11-2008
B/850/2007
12-11-2007

5.

6.
7.

B/731/2007
30-08-2007
B/42/2008-14
22-06-2010
B/179/2008
18-11-2008

Whereas, the Vendor No.2 executed registered General Power Of Attorney

dated 26.04.2012, bearing document No.3092/2012, on the file of Sub-Registrar,
Serilingampally, in favour of the Vendor No.1 in respect of the above land.

11
Vendor Nos.3 to 6 (Ac.5-00 Gts):
Whereas, Sri. Subbudi Kishan died leaving behind him his 3 Sons Sri. Hari
Shanker, Sri. Mallikarjun and Sri. Sridhar as his legal heirs and an oral partition took
place between them and the same was confirmed vide proceedings No.C/1254/90,
dated 02.05.1991, issued by the Thasildar, Serilingampally Mandal, and the land in
Survey Nos.205, 212 & 213 of Nallagandla Village, Serilingampally Mandal, Ranga
Reddy District, was allotted to Sri. Hari Shanker and Sri. Mallikarjun in the
following manner:
Sl.
No.
1.
2.

Name of the Legal

heir
Sri. Hari Shanker
Sri. Mallikarjun

Survey
No.

Extent
Ac. Gts

212
213
214
205
213

2-17
2-12
2-05
2-26
2-12

Whereas, Sri. Hari Shanker along with his son Sri. V. Jagadeeshwar Vendor
No.3 herein entered into registered Development Agreement Cum Irrevocable
General Power Of Attorney dated 07.03.2011, bearing document No.901/2011, on
the file of Sub-Registrar, Serilingampally, with the Developer in respect of land
admeasuring Ac.2-14 Gts in Survey No.212 and 213 of Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District.
Whereas, Sri. Hari Shanker died leaving behind his son Sri. V. Jagadeeshwar
the Vendor No.3 herein as his legal heir.
Whereas, Sri. Mallikarjun died leaving behind his wife Smt. Baghyalakshmi
the Vendor No.4 herein, sons Sri. Tejaswi Mallikarjun and Sri. V. Manu the Vendors
No.5 & 6 herein.
Whereas, the Vendor No.3 herein transferred the land admeasuring Ac.0-26
Gts in Survey No.213 of Nallagandla Village, Serilingampally Mandal, Ranga Reddy
District, to Smt. V. Baghyalakshmi and her sons the Vendors No.4 to 6 herein in leiu
of the Vendors No.4 to 6 transferred the land admeasuring Ac.0-26 Gts in Survey
No.205 of Nallagandla Village, Serilingampally Mandal, Ranga Reddy District, by
way of exchange and executed registered Exchange Deed dated 19.08.2011, bearing
document No.3124/2011, on the file of Sub-Registrar, Serilingampally.
Whereas, the Vendor No.3 entered into registered Development Agreement
Cum Irrevocable General Power of Attorney dated 16.08.2011, bearing document
No.3134/2011, on the file of Sub-Registrar, Serilingampally, with the Developer in
respect of the land admeasuring Ac.0-26 Gts in Survey No.205, of Nallagandla
Village, Serilingampally Mandal, Ranga Reddy District.

12
Whereas, the Vendors No.4 to 6 entered into registered Development
Agreement Cum Irrevocable General Power of Attorney dated 16.08.2011, bearing
document No.3133/2011, on the file of Sub-Registrar, Serilingampally, with the
Developer in respect of the land admeasuring Ac.2-00 Gts in Survey No.205, of
Nallagandla Village, Serilingampally Mandal, Ranga Reddy District.
Vendors No.7 to 12 (Ac.1-05 Gts):
Whereas, the Vendor No.7 was Original Pattadar in respect of land
admeasuring
Ac. 2-09 Gts in Survey No.202 of Nallagandla Village,
Serilingampally Mandal, Ranga Reddy District, and the said land the Vendor No.7 is
entitled Ac.1-05 Gts and his brother Sri. Srinivasulu is entitled to Ac.1-04 Gts as
evident from the Pahanis.
Whereas, the Vendor No.7 along with his children the Vendors No. 8 to 12
entered into registered Development Agreement Cum irrevocable General Power Of
Attorney dated 27.05.2011, bearing document No.1822/2011, with the Developer in
respect of his share of land admeasuring Ac. 1-05 Gts in Survey No.202 of
Nallagandla Village, Serilingampally Mandal, Ranga Reddy District.
Whereas, Greater Hyderabad Municipal Corporation granted the Permission
for the construction of Multi-Storied Residential Building consisting of Block-A to Q:
Cellar, Ground + Upper (9) Floors; Block-S, T & U: 2 Cellars, Ground + Upper (9)
Floors & Block-R: Cellar, Ground + Upper (4) Floors & Amenities Block: Cellar,
Ground + Upper (4) Floors in the land admeasuring 85,084.50 Square Meters or
101760.21 Square yards equivalent to Ac. 21-01 Gts in Survey Nos. 169, 170, 179, 180,
181, 183, 184, 185, 186, 187, 189, 190, 191, 197, 198, 199, 200, 201, 202, 203, 204, 205,
206, 207, 208, 209, 212 & 213 situated at Nallagandla Village, Serilingampally
Mandal, Ranga Reddy District more particularly in Schedule-A annexed hereto and
hereinafter called the Schedule-A property, vide Permit No.17746/HO/WZ/Cir11/2012 and dated: 10-12-2012 in File No.53198/01/08/2012.
Whereas, the Purchaser/s herein, after having been satisfied with the Title of
the Vendors and the terms of the scheme, approached the Vendor No.1/Developer
to purchase, Apartment No. _______, in Floor No______, in Block No _____ with
built up area of _______ Sft. including common areas in Aparna CyberZon along
with undivided share of land admeasuring _____ Sq.Yards in Schedule-A Property,
more particularly described in the Schedule-B annexed hereto and hereinafter called
the Schedule-B Property with a view to join the scheme for the purpose of having
an Apartment constructed in their name.
Whereas, Vendor No.1/Developer has nominated the Purchasers for transfer
of the Scheduled-B Property and accordingly, the Vendors and Developer execute
this Agreement of Sale in compliance with the terms of the scheme.

13
NOW THIS DEED OF AGREEMENT OF SALE WITNESSETH AS FOLLOWS:
The Vendors/Developer shall sell and the PURCHASER/S shall purchase the
Schedule-B Property for a Sale Consideration (including charges for
Clubhouse related activities, infrastructure like DG Set, WSP, STP, Water,
Drainage & Electrical Systems) amounting to Rs.___________/- (Rupees
____________________________________________________________________
Only), out of which, the PURCHASER/S has/have paid a sum of
Rs._____________/(Rupees
_____________________________________________________________
____________________Only) as earnest Money to the Vendor No.
1/Developer at the request of the other Vendors as detailed below:

1.

Date

Cheque
No.

Name of the Bank

Branch

Amount
in Rs.

TOTAL
2.

The Vendor No.1/Developer hereby admits and acknowledges the receipt of

the amount as mentioned above. The PURCHASER/S shall pay the balance
Sale Consideration of Rs. _____________ /- (Rupees ____________
_____________________________________________________________ Only) to
the Vendor No.1/Developer as per the Payment Schedule linked to progress
of construction work of the respective apartment in the following manner:
PAYMENT SCHEDULE FOR BALANCE SALE CONSIDERATION

Sl. No

Description of Progress of Work

Installment
Amount

On Completion of Ground Floor Slab

/-

On Completion of 3th Floor Slab

/-

On Completion of 6th Floor Slab

/-

On Completion of 9th Floor Slab

/-

On Completion of Brick Work (of respective apartment)

/-

On Completion of External Plastering & Internal Plastering (of respective

apartment)
On Completion of Electric wiring, Plumbing lines (of respective apartment)

/-

On Completion of Flooring (of respective apartment)

/-

On Completion of Painting and final fixtures (of respective apartment)

/-

10

Handing Over (of respective apartment)

/-

TOTAL

/-

/-

14
3.

The purchaser/s shall issue post dated cheques for all installments as per the
Payment Schedule given above irrespective of mode of funding i.e.,
self / bank finance. The Purchaser/s unconditionally agrees to sign the
disbursement forms of respective banks in advance along with this agreement
and handover such papers to the Vendor No.1/Developer enabling the
Vendor No.1/Developer to submit with respective banks for release of
payments avoiding delay in releasing the installment amounts without any
hindrance and the Vendor No.1/Developer hereby undertake and confirm to
the purchaser/s that the said disbursal form and the Demand Letter from
Vendor No.1/Developer will be submitted with respective banks with prior
intimation to the purchaser/s; and the purchaser/s undertakes to release the
payments within 15 days from the date of attaining such milestone /
landmark of construction progress mentioned in the payment schedule, on
receiving such intimation. The Post Dated Cheques will be used only in case
the customer refuses to issue clearance to the bank to disburse installments,
despite the Vendor No.1/Developer attaining/completing the given
landmark/milestone. The post dated cheques will be returned to the
purchaser/s once, the respective installment amount is released and the
amount of such installment is credited to the account of Vendor
No.1/Developer. The Purchaser/s shall pay the balance sale consideration in
installments on completion of indicated work progress of respective
apartment mentioned in the above payment schedule, without any delay. The
Purchaser/s shall not under any circumstances delay such installment beyond
15 days from date of intimation. However, the Vendor No.1/Developer in its
absolute discretion and without being bound may condone the delay for a
further period of fifteen days on payment of interest @ 2% per month from the
date of intimation for releasing such installment and unless it is so condoned
by receiving the amount with interest, in writing, it is deemed that the
Purchaser/s has committed default. The Vendor No.1/Developer is entitled
to cancel this agreement, if the Purchaser/s commits any default in making
payment as per the above mentioned payment schedule.

4.

The Vendor No.6 / Developer has obtained and availed Construction Finance
from ICICI Bank Ltd. for Construction of the said Project. However, the
Developer shall obtain No Objection/Release of charge from ICICI Bank
Ltd., while availing Housing Loan for the said apartment by the purchaser/s
on submission of Sanction Letter from the concerned Bank / Financial
Institution. The Vendors hereby assures the Purchaser/s that the Schedule-B
Property shall be free from all encumbrances, prior agreements, mortgages,
charges and liabilities etc. on submission of No Objection/Release of
charge from ICICI Bank Ltd., to the concerned Bank/Financial Institution
wherein the Purchaser/s has/have availed the housing loan.

5.

If the Purchaser/s intends to withdraw from the scheme or commits default

as mentioned above, the Vendor No.1/Developer is entitled to cancel this
Agreement, without any notice to the Purchaser/s. If such is the case, the
Vendor No.1/Developer at its discretion, refund the amounts already paid by
the Purchaser/s, only after duly deducting the cancellation charges @ 10% on

15
the total sale consideration including charges for amenities along with interest
payable for that period of non-payment of installment; that too only on
completion of the entire project or on alienating the said Apartment to a third
party whichever is later. If the amount paid by the Purchaser/s is less than
the amount payable towards cancellation charges and interest as stated herein
or as the case may be, the Vendor No.1/Developer is entitled to recover
liquidated damages from the Purchaser/s by all means.
6.

If the Purchaser/s intends to transfer the Schedule - B Property to a third

party or brings an alternative purchaser for the said apartment, the Vendor
No.1/Developer at their sole discretion may permit such transfer if the
Vendor No.1/Developer is satisfied about the willingness and ability of the
third party to comply with all the terms and conditions of the scheme. The
Vendor No.1/Developer may allow such transfer as a special case, if the
Purchaser/s pays an amount of Rs.3,00,000/- (Rupees Three Lakhs only) or
such other amount as may be fixed by the Vendor No.1/Developer from time
to time, towards the transfer fee, in addition to the amounts payable under
this Agreement and the Vendor No.1/Developer shall refund the balance
amount to the Purchaser/s only on the condition that such alternative
purchaser pays the entire amount payable in respect of the Schedule-B
Property including the charges for amenities, Corpus fund, Maintenance for 2
years, Caution Deposits and any other amount payable either to the Vendor
No.1/Developer its nominee or to the Society.

7.

The Vendors and Developer shall execute the registered sale deed in favour of
the Purchaser/s only. The Purchaser/s is not entitled to transfer his rights or
assign this agreement or otherwise nominate third party in respect of the
Schedule-B Property in any manner, without the written consent of the
Vendor No.1/Developer. The Purchaser/s shall not sell or otherwise dispose
of the Schedule-B Property to any third party till the completion of the Project
or till all the flats in project are sold by the Vendor No.1/Developer. Any such
trading or speculative action like resale to a third party in respect of the
Schedule-B Property is strictly prohibited. This prohibition is made in the
interests of the Project and it is understood by both the parties that such
trading or speculative transactions affect the business of the Vendor
No.1/Developer and consequently, impairs the scheme and the completion of
the project in the given schedule.

8.

The Purchaser/s intends and offer to sell/re-sale/transfer/alienate/nominate

the said apartment to a third party, after the registered sale deed is being
executed or the Primary Sale of all Apartments by the Vendor
No.1/Developer, whichever is later, the Purchaser/s agrees to pay an amount
of Rs.50,000/- (Rupees Fifty Thousand only) to the Vendor No.1/Developer
till the society is formed and to the Society once the society is formed towards
such transfer charges; and undertake to obtain No Objection/Due Certificate
and written consent from the Vendor No.1/Developer/Society to sell/resale/transfer/ alienate/nominate the said apartment to a third party. In such
a case, the purchaser/s agrees to clear all the dues including Corpus Fund,

16
Maintenance Charges for 2 years and Caution Deposit, to issue No
Objection/Due Certificate by the Vendor No.1/Developer.
9.

Service Tax, V.A.T., Registration charges and any other charges / levies shall
be extra payable by the Purchaser/s at the time when it becomes due as per
the provisions of the respective acts as applicable.

10.

Notwithstanding the payment schedule mentioned above, if the Purchaser/s

pays 70% of the sale consideration, the Vendors and Developer shall execute
the registered Sale Deed in respect of schedule B property in favour of the
Purchaser/s and in such case, the Purchaser/s shall enter into a suitable
Construction Agreement in respect of the construction to be made or such
other agreement in respect of the remaining installments, along with
post dated Cheques for due payment of such installments irrespective of the
mode of payment i.e., self funding or suitable arrangement with the financing
bank/institution for release of the balance installments/balance consideration
directly to the Vendor No.1/Developer. However, the Vendor
No.1/Developer shall have absolute lien over the Schedule B Property till all
the installments/balance of consideration is fully paid and the Purchaser/s
shall not be entitled for delivery or possession of the Apartment till all the
amounts payable under this Agreement are fully paid to the Vendor
No.1/Developer.

11.

This Agreement shall be in force notwithstanding the execution of the

Sale Deed in respect of the Schedule B Property and shall become void only
after payment of all the amounts due under this Agreement and accordingly,
the possession will be delivered to the Purchaser/s.

12.

It is agreed by both the parties that in the interests of the scheme and to
ensure smooth maintenance for the initial two years, the Vendor
No.1/Developer or his nominee is entitled to maintain the common areas,
amenities for a period of initial two(2) years and for the said purpose, the
Purchaser/s has agreed to pay either to the Vendor No.1/Developer or to the
company nominated by the Vendor No.1/Developer @ Rs.50/- per Sq. Ft. plus
taxes extra as applicable, in addition to Rs.1,00,000/- (Rupees One Lakh Only)
towards Corpus Fund in the name of Aparna CyberZon Owners Welfare
Society (to be formed by the Vendor No.1/Developer on par with other
Apartments Owners of the Schedule-A Property; and an amount of
Rs.40,000/- towards Gas Pipeline /Connection Charges with applicable taxes
shall be paid by the purchaser to Vendor No.1/Developer at the time of
handing over of the apartment.

13.

The Purchaser/s shall pay an amount of Rs.10,000/- (Rupees Ten Thousand

only) towards Non-refundable Deposit as Caution Deposit against the user /
subscription charges at the time of handing over the Apartment along with
full and final settlement of account. Also, the Purchaser/s shall pay an
amount of Rs.20,000/- (Rupees Twenty Thousand only) as Caution Deposit to
the Vendor No.1/Developer along with the final dues, before handing over of

17
the Apartment. Expenses towards Charges for debris removal, water
consumed and electricity consumed and any other expenses / charges / loss
/ damages during the execution of interiors, as the case may be, whichever
are as applicable will be debited to this account. The balance amount of
refundable deposit will be returned to the Purchaser/s by the Vendor
No.1/Developer within one month on finalization of this account. The regular
common maintenance shall commence immediately after the Vendor
No.1/Developer is ready with all the common amenities and facilities and
sends a communication of handing over of apartments. The commencement
of maintenance shall be from the date as mentioned in the said
communication irrespective of whether or not the purchaser taking the
possession of the apartment; and the company will have nothing to do if the
purchaser/s did not take the possession of apartment.
14.

It is agreed by the Purchaser/s that he/she/they shall alone be liable to pay

the maintenance charges, irrespective of whether the Apartment is occupied
or not or occupied by a tenant or any other person. The Society shall have
charge on every Apartment for all the amounts including the maintenance
charges, due from the Purchaser/s or other occupant.

15.

However, Clubhouse Block which consists of the area allocated towards

Clubhouse and related activities as mentioned in Schedule-D shall belong to
Aparna Cyberzon Owners Welfare Society and will remain and continue
to be the property/ies of the said society. The said Block of Clubhouse and
related activities can be transferred to the society, if the elected body of the
community deems to do so, at the cost of the society.

16.

All areas other than mentioned in Schedule-D which were likely to be created
will be the property/ies of Vendor No.1/Developer or its nominee and shall
remains to be the property/ies of Vendor No.1/Developer even after
completion of Project and Mandatory 2 years Maintenance period.

17.

The Purchaser/s can avail all the facilities covered under clubhouse as Life
Members up on payment of the given subscription/user charges as
applicable, decided by Vendors/Developer from time to time or society after
the mandatory 2 years maintenance by Vendor No.1/Developer or its
nominee.

18.

The Purchaser/s shall pay user charges in respect of Clubhouse, Gym,

Swimming Pool and all other facilities provided by the Vendor
No.1/Developer or to its nominee as per the usage under the Clubhouse rules
and regulations and other notices given from time to time. Such user charges
shall be paid to the Vendor No.1/Developer or its nominees who are the core
service providers.

19.

The Vendor No.1/Developer confirms that the Schedule-B property shall be

developed / constructed in accordance with the sanctioned plan and shall
complete the same on or before 30th June, 2015 with a grace period of 6
months i.e., 31st December, 2015. The Purchaser/s is entitled for a rent @

18
Rs.5/- per Sq. ft. per month till the possession is delivered. This penalty is
applicable to those of the Purchaser/s subject to the condition that every
payment is made on time without any delay as per the Payment Schedule
mentioned above for a standard unit/Apartment only. Also, the said time
limit shall not be applicable, if the delay occurs on account of act of God like
natural calamities, political unrest of any sort affecting law and order
effecting progress of work, non-availability of essential inputs, intervention of
Government authorities and any other reason not attributable to the Vendor
No.1/Developer or if the Purchaser/s is in default at any time.
20.

Any type of modifications, changes, variations and alterations to the

structural, elevation and architectural features shall not be permitted.
However, a request from the purchaser for minor one time internal
modifications to the respective Apartment is permitted within a specified
time. It is the sole discretion of the Vendor No.1/Developer to accept such
request in consultation with Architect and other service consultants and
construction team to evaluate the request and decide to accept or reject.

21.

The Purchaser/s is liable to pay towards internal modifications, if any;

indicated in the estimate furnished by Vendor No.1/Developer. The Vendor
No.1/Developer shall commence the internal modifications only upon
receiving the full amount (i.e., 100% of the estimated cost furnished/notified
by the Vendor No.1/Developer) with in fifteen days from the date of written
communication from Vendor No.1/Developer or else the Vendor
No.1/Developer with no prior intimation to the Purchaser/s, reserves the
right to proceed ahead as standard Apartment without modifications being
executed.

22.

The Vendors/Developer provides 12(Twelve) months warranty on

workmanship and other fixtures. However, this does not cover hair line
cracks on walls.

23.

The Purchaser/s hereby agree/s that any taxes, levies and any other charges
levied from time to time by the Government either Central or State or
competent authorities or any other statutory bodies and also any incidental
expenses / charges payable as on the date of this agreement and applicable
and payable from the date of this agreement, until the handing over of the
physical possession shall be paid by the purchaser.

24.

The Purchaser/s shall abide by the plan and designs of the construction
approved by the consultants, as being constructed by the Vendor
No.1/Developer, in accordance with the specifications.
The Vendor
No.1/Developer shall have the absolute right to make such variations,
changes, amendments, alter or modify the plans, designs elevations and
specifications of the Schedule-B Property and/or of the building, including
relocating the common/utility areas and other amenities as may be
considered fit or may be required by the competent authority, which changes
would be notified to the Purchaser from time to time. The Purchaser/s shall
not be entitled to alter the external appearance, color scheme of the exterior of

19
the building and shall maintain the Vendor No.1/Developer name, logo and
project name displayed at the project site at all times without resorting to any
changes. The proposed welfare society and general body or office bearers of
the society also shall have no authority to change the logo and name of the
complex/community.
25.

The Purchaser/s shall not be allowed to use any type of own/outside

materials other than those mentioned in the Schedule-C that are provided by
Vendor No.1/Developer. No credits or deductions will be allowed.

26.

The Purchaser/s grants and agree that the Vendor No.1/Developer and/or
Society has the right to enforce the collection of any dues including
maintenance etc. by such means of withholding the provision of utilities
including water supply and electricity connection for non-payment of dues or
taking any other measures to ensure proper and timely payment of dues by
the Purchaser/s.

27.

The Vendors/Developer are not to be held responsible in the event of force

majeure where, any changes in rules, regulations, bye-laws of various
statutory bodies and authorities affecting the project, imposed on/applicable,
undue delay in grant of any No Objection Certificate / permission / license /
connection for installation of any services, such as electricity connections and
water connections and availability of meters to the units/project or in
obtaining a completion certificate from the appropriate authority or
whatsoever reasons shall be construed as force majeure, after the date of this
agreement.

28.

Without prejudice to the rights of the Vendors/Developer, the

Vendors/Developer reserves the right to allot the car parking slots where
such area is more specifically delineated on handing over of the said property.
The car parking slots would be allotted to purchaser/s on the basis of draw
system by way of lucky dip (lottery) after completion of project and before
commencing handing over of the apartment.

29.

The Purchaser/s may visit the site only during times and places on prior
written communication and consent within the Project site notified by Vendor
No.1/Developer. It is advised not to visit the Project site while construction
activity is ongoing. The Vendor No.1/Developer is not to be held responsible
for any accidents that may occur for not adhering to the guidelines issued by
Vendor No.1/Developer.

30.

The Vendors assures the Purchaser/s that Schedule-B Property is free from
all encumbrances, prior agreements, mortgages, charges and liabilities etc.,
subject to clause No. 4 of this agreement.

31.

The Vendor No.1/Developer hereby undertake to develop the whole of the

Residential Apartments by fulfilling all the conditions imposed by GHMC
and construct the Schedule-B Property as per the specifications mentioned in
the Schedule-C, annexed hereto.

20
32.

The Vendors has fully disclosed all facts relating to their right, title and
interest in respect of the Scheduled-B Property and this agreement constitutes
and represents the entire agreement between the parties and cancels and
supersedes all prior arrangements, agreements or understandings,
negotiations and discussions, if any; whether oral or writing, between the
parties on the subject matter hereof, or in respect of any matters dealt with
herein and on such basis, the Purchaser/s has accepted and unconditionally
agreed and entered this Agreement of Sale with free will and consent and
without any coercion or whatsoever.

33.

The Purchaser/s along with other Purchasers of residential units in the

project shall come together in forming and getting the society registered
under the relevant provisions of the Andhra Pradesh Societies Registrations
Act, 2001 and to sign and execute the application for registration and for the
membership and such other papers and documents necessary for the
formation and registration of the Society, including adoption of bye-laws of
the society. These applications and relevant documents shall be duly filled in,
signed and returned to the Vendor No.1/Developer at the time of formation
of society.

34.

This agreement shall be construed, interpreted and applied in accordance

with, and shall be governed by the laws applicable in India. The courts at
Hyderabad shall have the sole and exclusive jurisdiction to entertain any
dispute or suit arising out of or in relation to this agreement.

35.

The Vendors declares that Schedule-A Property is not assigned land within
the meaning of Act, 9 of 1977 and vacant land within the meaning of central
Act, 33 of 1976.
SCHEDULE-A PROPERTY

All that land admeasuring 85,084.50 Square Meters or 1,01,760.21 Square

yards equivalent to Ac. 21-01 Gts in Survey Nos. 169, 170, 179, 180, 181, 183, 184, 185,
186, 187, 189, 190, 191, 197, 198, 199, 200, 201, 202, 203, 204, 205, 206, 207, 208, 209, 212
& 213 situated at Nallagandla Village, Serilingampally Mandal, Ranga Reddy
District, and bounded as follows:
NORTH

Land in Survey Nos.157 & 158

SOUTH

12M wide Periphery Road.

EAST

Land in Survey Nos.195 & 192.

WEST
Project.

Existing 18M Wide Road and Aparna Cyber Commune

The above schedule is as per the sanctioned plan approved by Greater

Hyderabad Municipal Corporation vide file No.53198/01/08/2012 Permit No.
17746/HO/WZ/Cir-11/2012, dated 10-12-2012.

21
SCHEDULE-B PROPERTY
All that Part and Parcel of Apartment No.________; in Floor No. _______; in
Block No.______; with built up area of ________ Sq.Feet including common areas
along with undivided share of land _____ Sq.Yards together with ______ Car
Parking slot, to be constructed in the project named as A
Aparna Cyberzon, in
schedule A property bounded as follows:
North

: _________________,

South

: _________________,

East

: _________________,

West

: _________________.
SCHEDULE-C
(Specifications)

FRAMED STRUCTURE
SUPERSTRUCTURE

R.C.C. framed structure to withstand Wind and Seismic

Loads.
8" thick solid block work for external walls and 4" thick solid
block work of internal walls.

PLASTERING
Internal

One coat of plastering in CM 1:6 for walls and Single coat

plastering for Ceiling.

External

Two coats plastering in CM 1:6 for External walls.

MAIN DOOR

Teak Wood/machine made frame with moulded paneled

shutter doors with Melamine polishing and reputed make
fittings.

INTERNAL DOORS

Teak Wood/machine made frame with moulded paneled

shutter doors with painting and reputed make fittings.

FRENCH DOORS, if any

WINDOWS
GRILLS

UPVC shutter styles and rails with float glass paneled

shutters and designer hardware of reputed make.
UPVC Window system with Float Glass with suitable finishes
as per design.
M.S. enamel painted, aesthetically designed and fixed to
wall, upto 2nd floor only. No grill shall be provided from 3rd
floor onwards.

PAINTING
EXTERNAL
INTERNAL

Two Coats exterior Acrylic Emulsion Paint of reputed make

over one coat of primer.
Smooth Putty finish with Acrylic emulsion paint of reputed
make over a coat of primer.

FLOORING/DADOOING
LIVING, DINING, BEDROOM,
KITCHEN & CORRIDORS

24x 24 Vitrified Tiles.

BATHROOMS

Acid Resistant Anti-skid Ceramic Tiles of reputed make.

CORRIDORS

Vitrified Tiles 24x 24 Size.

STAIRCASE

Kota/Tandoor blue.

22
DADOOING IN KITCHEN
BATHROOMS

Glazed Ceramic Tiles dado up to 2-0 height above kitchen

platform of reputed make.
8"x12" Glazed ceramic Tile dado of reputed make up to 7'.
8"x8" Glazed Ceramic Tile Dado up to 3-0 height of
reputed make.
1. Granite Platform with Stainless Steel Sink and providing
treated water supply at one point.
2. Provision for fixing of Aqua-guard and provision for
exhaust fan and chimney also will be provided.
Provision for:

UTILITIES / WASH

KITCHEN

1. Washing Machine and Wet Area for Washing Utensils etc.

UTILITIES / WASH /
BATHROOMS

2. Granite Counter Top /vanity type wash basin.

3. EWC with Flush Tank of reputed make.
4. Hot and Cold wall Mixer with Shower.
5. Geysers in all Toilets.
All C.P. Fittings are Chrome Plated of reputed make.
1. Concealed Copper Wiring of reputed make.
2. Power outlets for Air Conditioners in all bedrooms.
3. Power outlets for geysers in all bathrooms.
4. Power plug for cooking range chimney, refrigerator,
microwave ovens, mixer / grinders in kitchen.
5. Plug points for T.V. and Audio Systems etc.
6. Three phase supply for each unit and individual Meter
Boards.
7. Miniature Circuit breakers (MCB) for each distribution
boards of reputed make.
8. Switches are of reputed make.

ELECTRICAL

1. Telephone points in Master Bedroom and hall.

TELECOM

CABLE TV and INTERNET

LIFTS
WSP, STP and Car Wash
Facility

1. Water Softening Plant and Sewerage Treatment Plant.

2. Car Wash Facility will be provided at an extra cost.
D.G. Set backup with Accoustic enclosure and A.M.F for
Common Areas; 6 points in 2BHK and 7 points in 3BHK
apartments.

GENERATOR

NOTE:

2. Intercom facility to all the units connecting Security.

1. Provision for Cable Connection in Master BedRoom and
Living Room.
2. Provision for Internet Connection in each Apartment.
Two Nos of Passenger lifts (including one with higher
capacity) per block with rescue device and V3F for energy
efficiency. Entrance with Vitrified Tile Cladding.

1)

No Customization / No Changes in Specifications.

2)

Vendor No.1/Developer reserves the right to use imported

Substitutes of equal quality.

23
SCHEDULE-D
(CLUBHOUSE)
A. CLUB HOUSE AND RELATED ACTIVITIES includes
1. Area for Super Market;
2. Gymnasium;
3. Area for Creche;
4. Multipurpose Hall for Parties / Functions;
5. Indoor Games / Sports i.e., Chess, Carroms, Table Tennis etc.
6. Yoga / Aerobics Area;
7. Library;
8. ATMs;
9. Doctors Room;
10. Home Theatre;
11. Maintenance Office;
12. Association Room;
13. Common Toilets;
14. Kitchen, Pantry, Restaurant including Semi-outdoor Restaurant;
15. Utility Room; Store Room;
16. Area for Laundry; and
17. Jaccuzzi, Sauna & Saloon;
18. Massage Room & Steam Room.
B. Swimming Pool for Adults & Kids.
C. Childrens Play Area.
D. 2(Two) Tennis Courts, 1(One) Regular Basket Ball Court, and 2(Two)
Indoor Shuttle Courts.

24
IN WITNESS WHEREOF, the parties herein have signed and executed this
Deed of Agreement of Sale, with their free will and consent, on above mentioned
day, month & year, in the presence of the following witnesses:
WITNESSES:

VENDORS

1.

1.

2.

Vendor No.2
GPA holder.

represented

by

Vendor No.3 represented by GPA

holder.

Vendor Nos.4 to 6 represented by

GPA holder.

Vendor Nos.7 to 12 represented by

GPA holder.

Developer

PURCHASER/S