ABSOLUTE SALE DEED
This Deed of Absolute Sale is made and executed on this 22nd day of July, 2025, at Bengaluru, Karnataka:
________________________________________
BY:
1.	Smt. Manjula P Raju,
W/o Late G. Parthasarathy Raju,
Aged about 50 years,
Aadhaar No: 5535 8163 2353.
2.	Mr. P.R. Vishrudh,
S/o Late G. Parthasarathy Raju,
Aged about 25 years,
Aadhaar No: 3777 3360 8200.
3.	Mr. P.R. Bishan,
S/o Late G. Parthasarathy Raju,
Aged about 20 years,
Aadhaar No: 6704 3478 2800.
All residing at:
No. 194, 39th Main, 1st Cross,
Behind Central Silk Board,
BTM 2nd Stage, VTC: Madivala,
PO: Bommanahalli, Anekal Taluk,
Bengaluru – 560068.
Hereinafter collectively referred to as the "VENDORS" (which term shall mean and include their heirs, legal representatives, successors, executors, administrators, and assigns) of the ONE PART.
________________________________________
IN FAVOUR OF:
Mr. Amit Gupta,
S/o Mr. Ishwar Chand,
Aged about 39 years,
Aadhaar No: 8636 7884 6627,
Residing at:
No. 269, 9th Cross, 4th Main,
NGEF Layout, Nagarabhavi,
Bangalore – 560072.
Hereinafter referred to as the "PURCHASER" (which term shall mean and include his heirs, legal representatives, successors, executors, administrators, and assigns) of the OTHER PART.
________________________________________
WHEREAS:
1.	The property more fully described in the Schedule hereunder written is an industrial shed bearing Shed No. D-79, constructed on land measuring 189.05 square meters, located at Industrial Estate, Veerasandra Village, under the jurisdiction of Hebbagodi City Municipal Council, Attibele Hobli, Anekal Taluk, Bangalore Urban District (hereinafter referred to as the "Schedule Property").
2.	The Schedule Property was originally purchased by Late G. Parthasarathy Raju, husband/father of the Vendors, under a registered Sale Deed dated 15-03-2003 vide Document No. ANK-1-27515-2004-05, registered in the office of the Sub-Registrar, Anekal.
3.	Upon his demise, the said property devolved upon the Vendors as his legal heirs. The property was mutated in the names of the Vendors by way of legal succession, and all municipal and revenue records including CMC Katha No. 871/Shed No./D 79, Property No. 8673663902 stand in their names jointly.
4.	The Vendors are the absolute joint owners, in peaceful possession and enjoyment of the Schedule Property, having clear and marketable title, free from all encumbrances, claims, charges, liens, litigations, or mortgages.
5.	The Vendors have agreed to sell and the Purchaser has agreed to purchase the Schedule Property for a total sale consideration of Rs. 51,00,000/- (Rupees Fifty-One Lakhs only) on the terms and conditions mutually agreed upon and set forth hereunder.
________________________________________
NOW THIS DEED WITNESSETH AS FOLLOWS:
1. SALE CONSIDERATION AND PAYMENT
1.1 The total sale consideration for the Schedule Property is Rs. 51,00,000/- (Rupees Fifty-One Lakhs only) which the Purchaser has paid or shall pay to the Vendors as follows: 
•	Rs. 5,00,000/- (Rupees Five Lakhs only) as advance paid on 17-05-2025 by RTGS (Transaction ID: CNRBR52025051757002534), receipt whereof is hereby acknowledged; 
•	Remaining Rs. 46,00,000/- (Rupees Forty-Six Lakhs only) has been/will be paid on or before the execution of this Sale Deed by way of [Cash / Demand Draft / Cheque / NEFT], receipt whereof the Vendors also acknowledge.
1.2 The Vendors confirm receipt of the full sale consideration and acknowledge this Deed as sufficient discharge of their obligations in respect of the Schedule Property.
2. CONVEYANCE AND TRANSFER
2.1 The Vendors hereby sell, transfer, convey, assign, and deliver possession of the Schedule Property unto the Purchaser absolutely and for ever free from all encumbrances, liens, charges, mortgages, tenancies, and claims whatsoever.
2.2 The Vendors hereby bind themselves to execute such further documents or assurances as may be necessary or required by law or by the Purchaser to vest full title and ownership in the Purchaser.
3. POSSESSION
3.1 The Vendors have this day handed over vacant, peaceful, and physical possession of the Schedule Property to the Purchaser, free from all encumbrances, demands, tenancies, litigation, attachments or any third party claims.
3.2 The Purchaser hereby acknowledges having received possession of the Schedule Property and further agrees and confirms his acceptance of the same in its present condition.
4. Title Assurance
The Vendors represent and covenant that: 
•	They are the sole and absolute owners of the Schedule Property; 
•	The property is free from all encumbrances, court litigation, prior agreements, mortgages, liens, and claims; 
•	All property taxes and dues up to the date of registration have been paid; 
•	They have not entered into any agreement for sale, lease, or transfer of the property with any other person.
5. INDEMNITY
5.1 The Vendors hereby indemnify and keep indemnified the Purchaser against any loss, damage, claim, action, or proceeding arising from breach of the representations and warranties given under this deed.
5.2 If any third party makes any claim or raises any dispute over the Schedule Property, the Vendors shall be solely responsible to defend such claims and keep the Purchaser harmless
6. EXPENSES AND TAXES
6.1 All stamp duty, registration charges, legal fees, and incidental expenses arising out of or in connection with this sale shall be borne solely and entirely by the Purchaser.
6.2 The Vendors shall pay all property taxes, municipal taxes, water charges, electricity dues, and other statutory levies up to the date of execution of this Sale Deed.
7. Mutation and Khata Transfer
The Vendors agree to cooperate in transfer of Khata, utility bills, and other records in favour of the Purchaser with the concerned authorities and provide all necessary documents, signatures, and assistance.

8. No Objection from Legal Heirs (if applicable)
The Vendors hereby declare that they are the only legal heirs of Late G. Parthasarathy Raju and there are no other legal heirs who can claim rights, title or interest in the Schedule Property. If any such claims arise, the Vendors undertake to indemnify the Purchaser fully and settle the same at their own cost.

________________________________________
ADDITIONAL COVENANTS:
9. Delivery of Original Documents
The Vendors hereby hand over all original title deeds, sale deeds, Katha certificates, tax paid receipts, approved building plans (if any), and all other documents relevant to the Schedule Property to the Purchaser at the time of execution of this Sale Deed.
10. Vacant Possession
The Vendors have delivered vacant and peaceful possession of the Schedule Property to the Purchaser on the date of execution of this Sale Deed. The Purchaser confirms possession and has assumed full control over the Schedule Property.
11. Access Rights and Easements
The Vendors confirm that the Schedule Property has unhindered access to public road and is not subject to any third-party right of way, easement or obstruction of ingress/egress.
12. Encumbrance Declaration
The Vendors declare that there are no loans, mortgages, hypothecations or other financial liabilities secured against the Schedule Property and that no part of the same is subject to attachment by any court or authority.
13. Litigation-Free Property
The Vendors declare that the Schedule Property is not involved in any civil, criminal, revenue, or other litigation and there are no disputes pending before any court, tribunal, revenue, or local authority relating to the same.
14. Environmental and Industrial Compliance (for industrial shed)
The Vendors declare that the Schedule Property is compliant with applicable local municipal, fire, pollution, and industrial usage regulations, and there are no notices, violations or penalties pending in respect of the structure or use of the said property.
15. Covenant of Further Assurance
The Vendors undertake to do and execute all acts, deeds, and assurances as may be reasonably required by the Purchaser for better and more perfectly assuring the title and rights to the Schedule Property.
16. Utility Connection Transfer
The Vendors agree to cooperate in the transfer of BESCOM electricity connection, water supply, drainage, and any other utility service in favour of the Purchaser and execute necessary applications and indemnity bonds if required.
17. GST/Industrial Tax Compliance Clause
The Vendors declare that the Schedule Property is not subject to any liability under the Goods and Services Tax Act or any other tax applicable on the sale of industrial/commercial properties. In the event of any demand, levy or tax arising hereafter in connection with the sale of the Schedule Property, the Vendors agree to bear and discharge the same and indemnify the Purchaser.
18. Use of Premises Clause
The Purchaser shall be entitled to use the Schedule Property for any lawful purpose including industrial, commercial or other activities permissible under applicable zoning and municipal regulations. The Vendors confirm that there is no restriction on the use of the Schedule Property under current regulations.
19. Right to Erect Signage/Name Boards
The Purchaser shall have full rights to install signage, hoardings, or name boards on the Schedule Property in accordance with municipal guidelines, and the Vendors shall not raise any objection thereto.
20. Right to Renovate/Modify Structure
The Purchaser shall have the full right to renovate, alter, or demolish and reconstruct the existing structures on the Schedule Property subject to applicable building laws and by-laws. The Vendors shall have no objection to any such modifications undertaken by the Purchaser after sale.
21. Arbitration Clause (for dispute resolution)
Any disputes or differences arising between the parties hereto concerning this Sale Deed or the Schedule Property shall be settled through mutual negotiation, failing which such disputes shall be referred to a sole Arbitrator to be appointed mutually by both parties under the Arbitration and Conciliation Act, 1996. The place of arbitration shall be Bengaluru, and the language shall be English.
22. Condition Precedent Clause (for payments or approvals, if any)
This sale shall be subject to clearance of all municipal/property taxes and compliance with any local approvals required for registration or mutation. The Vendors agree to furnish any such clearance certificates as required.
23. Clause for Transfer of Utility Connections
The Vendors agree to cooperate with the Purchaser in transferring all utility connections including electricity (BESCOM), water, sewage, and industrial licenses, and to sign all required applications, indemnity bonds, and declarations.
24. Clause Regarding Entry in Revenue Records / Mutation
The Purchaser shall be entitled to have the Schedule Property transferred in his name in all revenue, municipal and other records, and the Vendors agree to sign and deliver any further documents necessary for mutation or Katha transfer, if required.
________________________________________
25. No Future Claims Clause
The Vendors confirm that upon execution of this Sale Deed and receipt of full sale consideration, they shall have no right, title, claim or interest of any kind whatsoever in the Schedule Property.
________________________________________
26. Confidentiality of Sale Consideration (optional in business context)
Both parties agree to maintain confidentiality regarding the sale consideration and terms of this transaction unless disclosure is mandated by law or regulatory authorities.
________________________________________
SCHEDULE OF THE PROPERTY
All that piece and parcel of industrial shed bearing Shed No. D-79, standing on land having CMC Katha No. 871/Shed No./D 79, Property No. 8673663902, measuring:
•	East to West: 9.12 meters 
•	North to South: 20.73 meters 
•	Total extent: 189.05 Square Meters (inclusive of front and side open space)
With a built-up industrial factory shed measuring 93.20 Sq. Mtrs, consisting of: 
•	RCC roofing over 12.00 Sq.Mtrs area, 
•	Asbestos sheet roofing over 81.20 Sq.Mtrs, supported by M.S. angle and channel framework, with cement mortar flooring, 
•	Equipped with two rolling shutters (front and rear), 
•	Fitted with M.S. angle fabricated glass windows and ventilators.
Situated at:
Industrial Estate, Veerasandra Village, under the limits of Hebbagodi City Municipal Council,
Attibele Hobli, Anekal Taluk, Bangalore Urban District.
Bounded by: 
•	East: Shed No. D-80 
•	West: Service Road 
•	North: KSSIDC Land 
•	South: 4th Cross Road
________________________________________
IN WITNESS WHEREOF:
The Vendors and the Purchaser have executed this Deed of Absolute Sale on the day, month, and year first above written, in the presence of the following witnesses.
________________________________________
VENDORS:
1.	________________________________________
(Smt. Manjula P Raju)
2.	________________________________________
(Mr. P.R. Vishrudh)
3.	________________________________________
(Mr. P.R. Bishan)
________________________________________
PURCHASER:
________________________________________
(Mr. Amit Gupta)
________________________________________
WITNESSES:
1.	Signature: ___________________________
Name:
Address:
2.	Signature: ___________________________
Name:
Address:
________________________________________
[End of Document]
________________________________________

Rewrite sale deed and its points in detailed 1 by 1