0x saro22.com/a list all posts - saro22.com

0x saro22.com/a list all posts

ttt AGREEMENT OF LEASE THIS AGREEMENT OF LEASE made this 20th day of September 2025, BETWEEN MS. JOHNSEY JOSEPH, daughter of late Mr. T. I. Joseph, presently residing at No. 141, 1st Cross, Jakkasandra, 8th Main 3rd Block, Koramangala, Bangalore 560 034, hereinafter referred to as the LESSOR which term shall mean and include her heirs, executors, administrators, legal representatives and assigns of the ONE PART: AND: Dr Raghavendra Rao , son of Mr Ramachandra Rao presently residing at B4, No 328,Kendriya Vihar, Yelahanka, Venkatala Village, Chowdeshwari Layout, Bangalore,560064 and the permanent address B4, No 328,Kendriya Vihar, Yelahanka, Venkatala Village, Chowdeshwari Layout ,Bangalore 560064 being hereinafter referred to as the LESSEE which term shall mean and include his heirs, executors, administrators, legal representatives and assigns of the OTHER PART : WHEREAS the LESSOR is the sole and absolute owner in possession and enjoyment of the Residential Apartment Unit with fixtures, fittings and amenities bearing No. 5014, Sharjapur Road, Bangalore, situated on Level I, of the Residential Apartment Building known as “PRESTIGE SILVER DALE” having a super built area of 1374 sq. ft. with one car parking slot together with a corresponding undivided share, right, title and interest in the land comprised in the property bearing No. 6/1 and 6/2, Junnasandra Village, Varthur Hobli, Bangalore South Taluk bearing Khata No. 1477-6/1 and 6/2, more fully described in the Schedule hereunder and hereinafter referred to as the “DEMISED PREMISES”. AND WHEREAS the LESSEE has approached the LESSOR for the lease of the Demised Premises and the LESSOR has agreed to the request of the LESSEE for the grant of the lease of the Demised Premises for the period and on the terms and conditions agreed as hereinafter set out. I. NOW THIS AGREEMENT WITNESSETH 1) That in consideration of the rents hereby reserved and on the terms and conditions and covenants of the lease herein contained and on the part of the Party to be observed and performed the LESSOR hereby agrees to grant and the LESSEE hereby agrees to accept a lease of the Demised Premises. 2) The lease shall be for a period of eleven months commencing from 1st October 2025 ending on 31st August 2026, and thereafter at the option of the LESSOR the lease may be renewable for a further period of eleven months on an increased rental of 7% of the last paid rent. 3) The rent payable by the LESSEE to the LESSOR for the Demised Premises shall be Rs.39,000/-(Rupees Thirty Nine Thousand Only) per month plus the maintenance charges as fixed by Prestige Silverdale Association per month. The aforesaid mentioned rental shall be paid in advance for the month it is due on or before the 5th of each month being the English Calendar month. 4) The LESSEE has this day paid the LESSOR an interest free Security Deposit of Rs.2,00,000/- (Rupees Two Lakh Only) by Net Banking on 20th Sepember 2025 .The receipt of which Security Deposit of Rs.2,00,000/- (Rupees Two Lakhs Only) the LESSOR does hereby acknowledge. The said interest free Security Deposit of Rs.2,00,000/- (Rupees Two Lakhs Only) shall be refundable to the LESSEE by the LESSOR free of interest on the LESSEE handing over vacant possession of the Demised Premises with fixtures, fittings and amenities on the expiry or earlier termination of the lease. However the LESSOR shall be entitled to deduct from the said Security Deposit any arrears of rentals, electricity, maintenance charges and the costs of any damages to the Demised Premises and or to its fixtures, fittings and amenities. II. The LESSEE hereby covenants with the LESSOR as follows : 1) To pay the rents regularly as hereto provided without making any deductions whatsoever there from and in a manner laid down hereinabove. 2) To use the Demised Premises for the residential accommodation of the LESSEE and for his immediate family members and not for any purposes involving the use of any deleterious process or involving the stocking of heavy goods which are likely to cause damage to the building. Further the LESSEE shall not carry on or allowed to be carried on, on the Demised Premises any offensive trade and activity prohibited by law nor shall the Demised Premises be used for commercial purposes or as a godown or as a guest house. 3) The LESSEE shall not be entitled to undertake any structural changes, alterations, modifications and erect any partitions to the Demised Premises without the prior written consent of the LESSOR. 4) Upon reasonable notice being given in writing to permit the LESSOR or her agents at all reasonable times during working hours to enter upon the Demised Premises to view the condition thereof. 5) To pay the electricity and water charges as per the electricity/water meter installed exclusive for the Demised Premises. 6) At all times during the said pendency of the lease to keep the Demised Premises and its fixtures and fittings in good repair and condition and peaceful and quietly to yield up and surrender to her or her agents at the termination of the lease hereby granted in the same condition as it were at the commencement of the lease subject to fair, wear and tear. 7) The LESSEE shall not transfer the tenancy nor sublet, re-let, under-let or part with, a portion or portions, or the whole of the Demised Premises including the fixtures and fittings in favour of any Third Party without the written consent of the LESSOR. 8) The LESSEE shall maintain the Demised Premises including the toilets etc., in good and tenantable condition and shall attend to its day to day repair at his cost. 9) The LESSEE shall have the Schedule Premises painted internally prior to the date of delivery of possession of the Schedule Premises to the LESSOR on the expiry or earlier termination of the lease. 10) To abide by the rules and regulations as laid down by the Prestige Silver Dale Apartment Owners Association. III. The LESSOR hereby covenants with the LESSEE as follows : 1) That the LESSEE paying the rents hereby reserved and observing and performing the several covenants and stipulations on her part to be observed, shall hold and enjoy the Demised Premises during the said term of the lease without any eviction, interruption or disturbance. 2) The LESSOR to pay the Municipal/property tax and other cesses to the Corporation City of Bangalore. 3) The LESSOR shall attend to any major structural defects for repairs to the Demised Premises on notice in writing of such defects being given by the LESSEE to the LESSOR. 4) Any capital expenditure (CAPEX) demands or contributions towards a sinking fund levied by the association/society for the purpose of overall development, improvement, or maintenance of the layout or common areas shall be solely borne by the LESSOR. The LESSEE shall not be held responsible for any such payments during the term of this lease. IV. The LESSOR and the LESSEE agree to the following : 1) Neither the LESSOR nor the LESSEE shall be entitled to terminate the lease of the Demised Premises during the first eleven months lease period which shall be deemed to be a lock-in-period, except for the following i) The LESSOR is entitled to terminate the lease of the demised premises during the lock-in-period in the event of the LESSEE committing a breach of any of the terms of this Agreement and if such breach is not rectified by the LESSEE within 15 days of receipt of notice from the LESSOR. ii) In the event of the LESSEE being desirous of terminating the lease during the lock-in-period, the LESSEE shall be entitled to do so on payment of the entire rental for the unexpired portion of the lock-in-period. In that event the LESSOR shall be entitled to deduct the rentals for the unexpired portion of the lock-in-period from the interest free refundable security deposit prior to its refund to the LESSEE against the cancellation of this Agreement. 2) Thereafter in the event of the lease being renewed for a further period of eleven months, on the expiry of these presents the LESSOR or the LESSEE shall be entitled to terminate the lease of the Demised Premises by giving two months prior notice in writing of their intention to terminate the lease without assigning any reason for termination. 3) Efflux of time 4) The LESSEE shall at all times during the pendency of the lease keep the Demised Premises including the furniture, fixtures and fittings thereof and common amenities in good tenantable state of repair and condition. 5) Any notice required to be served herein shall be sufficiently served on the LESSEE if left addressed to her at the Demised Premises and shall be sufficiently served on the LESSOR if addressed to her at her ordinary place of residence. 6) The relevant place of jurisdiction for purposes of legal proceedings and for all purposes whatsoever shall be the Civil Station of Bangalore. 7) The LESSEE shall not be entitled to mortgage or assign or create charges on the lease hold rights in favour of any persons. 8) In the event of the LESSOR at any time during the pendency of the lease, transfers the Demised Premises either by way of sale or otherwise such transfer shall be subject to attornment of tenancy. SCHEDULE All that piece and parcel of the Residential Apartment Unit with fixtures, fittings and amenities bearing No. 5014, Sharjapur Road, Bangalore, situated on Level I, of the Residential Apartment Building known as “PRESTIGE SILVER DALE” having a super built area of 1374 sq. ft. with one car parking slot together with a corresponding undivided share, right, title and interest in the land comprised in the property bearing No. 6/1 and 6/2, Junnasandra Village, Varthur Hobli, Bangalore South Taluk bearing Khata No.1477-6/1 and 6/2. IN WITNESSESS WHEREOF the Party have hereunto set their hands the day, month and year aforementioned. WITNESSES : 1) LESSOR 2) LESSEE SCHEDULE B List of Fittings and Fixtures The house is provided with the following fittings and fixtures: 1. Electrical Fittings: o Ceiling lights and fans in all rooms o Exhaust fans in the kitchen and all bathrooms o 2. Window and Door Fittings: o Curtain rods installed on all windows and the balcony door o 3. Bathroom Fittings: o Wall-mounted shelves o Towel hangers o Geysers in each bathroom 4. Storage: o Two cupboards in each bedroom o o Modular kitchen with pull-out drawers o Required trays for utensil organization o o Retractable (bring-down and up) washing line installed 5. Kitchen Fixtures: 6. Balcony:

<<
1

…

…

2754
>>