LEASE-DEED

This Deed of Lease made and executed at Pune on this _______ day of December
2007 .
BETWEEN
Community co-operative Housing Society Ltd ;
A Co-operative Housing society,registered under No PNA/HLI/HSG/(TC)1223/8788/1988 under the provisions of Maharashtra Co-operative Society Act , 1960 and
having

its

registered

office

at 112,Patil Plaza,493 Parvati, Pune 411

009 .Represented through its Chairman and member

1) Shri Sureshchandra Babubhai Suratwala
Age :- 56years ,Occupation :-Business
Residing at :-24/6, Premnagar Society ,
Bibvewadi ,Pune 411 037 .
2) Shri ___________________
Age:-_______years,Occupation:-________
Residing at :_________________________
_____________________________________
hereinafter
anything

referred to as the LESSOR ( which expression

shall, unless therebe

repugnant to the subject or contrary to the context ,mean and include its

present and future chairman ,secretary , and managing committee members their heirs
,executors ,administrators and assigns ) PARTY OF THE ONE PART.
AND
1)

Shri _________________________
Age :- Adult ,Occupation :- _________
Residing at :- __________________
_______________________________

2)

Shri ___________________________
Age:- Adult , Occupation :- __________
Residing at :_ ____________________
_______________________________

hereinafter collectively called or

referred

to as

the LESSEE/MEMBER

(which

expression shall , unless therebe anything repugnant to the subject or contrary to context
,mean and include their heirs ,executors ,administrators and assigns ) PARTY OF THE
SECOND PART.

WHEREAS The party of the first part is an owner of land admeasuring about
_________ lying and being situated at survey no 46 (part) ,Survey No 62 ( part)
admeasuring about _________ sq mtrs

situated at village Kondhwa Khurd ,Taluka

Haveli ,District Pune ,situated within the limits of Pune Municipal Corporation and within
the Jurisdiction of Sub-registrar ,Haveli NO 1 to 20 .
ANDWHEREAS The party of the first part purchased the said land

vide

registered sale Deed which was duly registered in the office of sub-registrar ,Haveli No
____ , dated ________ under serial No _______________.
ANDWHEREAS At relevant time the party of the first part prepared layout in
respect of their entire land and submitted the same in the office of Collector ,Pune,
District Pune for approval .
ANDWHEREAS That by order dated _________ the Additional Collector, Pune
was pleased to sanction the layout in respect of the entire land of

the party of the first

part .
ANDWHEREAS After the approval of the sanction layout the party of the first
part allotted the plots from the said sanction layout to its members .
ANDWHEREAS With a view to confer better title to its members in respect
of the plots out of the sanctioned layout the party of the first part have now decided to
execute and

register present lease Deed in favour of its members in respect of the plots

which was duly allotted to its members .

ANDWHEREAS The parties hereto had due deliberations and discussions and
as a consequences

thereof they have reached an understanding which they have

decided to reduce into writing ;

NOW THIS DEED WITNESSES as follows :1.

That the lessor does hereby

grant and confer a lease for a period of 990

years in respect of the property

bearing plot No ____________ admeasuring

about ________ which property is more fully and particularly described

in the

schedule hereunder written .

2.

That

the period

of the

lease will be 990 years and which shall commence

from today .
3.

That the lease rent is agreed at Rs one per year and the same shall be paid
by the lessee unto the lessor before 10th day of every year.

4.

That the lessor has delivered the actual possession unto the lessee at the time
of execution of thee presents .

5.

The lessee doth hereby

expressly

covenant

with the lessor

in the manner

following ,that is to say ;

a) That

he will during

hereinbefore

reserved

the said term pay to the lessor

without

deduction

upon

the yearly

the days and

rent
in the

manner aforesaid

and in the event

of failure

year within seven days after the same

such yearly installment of rent in
annum from the date on which

to pay

the rent for any

shall fall due pay interest on

arrears at the rate of 9% per cent per

the same ought

to have been paid to the

date of actual payment.

b) That the lessee will also pay and discharge all rates taxes charges duties
burdens assessments outgoings and impositions whatsoever now payable
or

hereafter

during

hereafter during

the said

premises or any part

c) That he

term to become

payable

and now

term assessed charged or imposed

or

upon the

thereof .

the lessee will at his own expense construct and complete

within a
upon

the said

period

of __________ years

from

the plot of land a new building

and proper
boundary

sewers
walls

drains and other

with new

the date

of these

present

or buildings with all requisite

conveniences

materials in a proper

thereto

including

workmanlike

manner.

PROVIDED HOWEVER AND IT IS HEREBY AGREED DECLARED

that in default of the lessee constructing and completing within a period
of ________ years
d) That lessee
the

from the date

will in executing

hereof .

the works aforesaid and at all times during

continuance of term of this agreement

observe

and confirm

to all

such rules and regulations of the Municipal Corporation of Pune and other
authorities as may be in force for the time being relating to buildings And
will lay all

drains on the said premises

to the satisfaction of the said

Municipal Corporation of Pune and lead all such drains into any drains
or sewer which may be

constructed

in nay

street adjoining

the said

demise according as may be directed by the said Municipal Corporation

of Pune.
e) That lessee will at his own expense maintain and keep in repair the drains
sewers and

gullies

leading

from

the said

building and

premise in

accordance with the Municipal act, D.C rules and the bye-laws thereunder
for the time being in force without requiring any notice in that behalf
from the lessor .
f) That the lessee will throughout

the said term hereby granted at his own

expenses and whether requested

so to do by the lessor or not well and

sufficiently repair support save

cleanse and keep in good

( including all usual and necessary repairs and internal and

painting colour and white washing)
on the

plot of

land .

condition
external

the buildings and structures standing

g) That the lessee

will permit the lessor

employed by him

or his engineer or agents or others

at any time when occasion shall require during the

term hereby granted in the day time after twenty

notice

to enter in to and upon the

thereof h) That the lessee will not

upon

four hours previous

premises to view the condition

do or cause

or suffer

to be done

the premises any act which shall be of nuisance or annoyance ,or

be injurious or offensive to the owners or tenants of any neighboring

premises .
i) That the lessee
building

will throughout

the said term keep all any

or buildings which may

be erected in future

every the

on the said land

excluding foundations and plinth insured in the joint names of the lessor
and of themselves
insurable

the lessee against loss or damage by

value thereof in an insurance office of

when thereunto

required

current years receipt

will produce

fire in the full

repute in Pune

and

the Insurance Police and the

for the premium of such insurance

to the Lessor .

j) That the lessee will as often as the building or buildings which is are or
shall be erected upon the said land or any part thereof shall be destroyed
or damaged by fire hurricane or lighting

the moneys which shall be

received by virtue of any such insurance ( in recovering which the lessor

shall join the lessee )
k) That the lessee will indemnify and keep indemnified the lessor against all
suits claims and demands in respect of

the premises .

l) That lessee will at the expiration or sooner determination

quietly

surrender

and deliver

together with all

thereon during
in

such good

saved

up to

the lessor

the said plot of land

buildings and erections which shall

the said

have been built

term and all drains and appurtenances thereto

and substantial

and cleansed

of the said term

repair

as aforesaid

and condition and so

maintained

and in all respects in such

state and

condition as shall be consistent with the due

performance of the

several

covenants hereinbefore contained .

m) The Lessee shall

not assign transfer

or part

with the possession of the

premises or any part thereof to any person without

previously obtaining

the written consent of the lessor.

6) The lessor doth

hereby covenant with the lessee that the lessee paying

the rent hereinabove reserved and performing and observing all the covenants
conditions and agreements on the part of the lessee hereinbefore contained
shall hold

and enjoy the said premises during

the said term without any

interruption by the lessor or any person claiming under him.

THE SCCHEDULE OF THE PROEPRTY ABOVE REFERRED TO :All that piece and parcel of the land bearing plot No _______ Survey No
46(part) ,62 (part) admeasuring about _____ sq Mtrs out of the sanctioned layout situated
within the

Registration Division and District Pune , Sub Division and Taluka Haveli

,situate at Revenue village Kondhwa Khurd and the said plot of land is bounded by
as follows :On or towards the east :On or towards the South :On or towards the West:On or towards the North :IN WITNESS WHEREOF

the parties

hereto

have signed hereunder at Pune

this _________ day of December 2007 .

WITNESSES
1Signature
Name
Address .
LESSOR

2.Signature

1.

Name
Address

2.
LESSEE