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Shared Homs
FamilyHoms
ForeignerHoms
SharedOffices
SharedOldAgehoms
BunkHouse
Joinand
Join FHL FHL and Shape
Shape your Dreams
your Dreams with
with our our construction
construction projects
projects with assured
with assured returnsreturnsJoin
FHL and Shape your Dreams
A venturewith
of FHLour construction projects with assured returns
Group
FHL GROUP OF
COMPANIES
SAFEHOMS
FAMILYHOMS
OLDAGEHOMS
FORIGNERHOMS
BUNKHOMS
A venture of FHL Group
About FHL FEEL HOMELY LIFE
FHL is a first organized brand in the field of hospitality sector having over
two decades of experience in real estate that helps to enhance the level
of services and comfort of the guests in a congenial and peaceful manner.
Working
Professionals
Students
Travelers Pilgrims
Bed room
Personal Room Bed With Pillow Almirah T.V with cables Stool AC/Cooler/Fan
Kitchen
Washroom
House keeping News Dinning Table Sofa Sets Power Backup Room Service
Paper
Wi-Fi
Washing 24x7 Security Laundry on Demand Medical Services CCTV A venture of FHL Group
Machine
Pricing and Rating
• Basic price Varies from Rs 7000/- to Rs 14000/- per person per month
• All services are on extra charge basis like Electricity Bill, Laundry, etc.
Business Model
The Tenants search the accommodation online on the portal basis their requirement and choice of
place. Safehoms helps them find, book & move-in to a paying guest of your choice at multiple
location and matching facilities. Not just that, Safehoms help you move-in, but Safehoms provide
a galore of facilities from Tiffin to laundry to TV to furniture whatever is the budget, whatever
the tenant call, Safehoms have everything ready.
FHL homs has more than 50 locations , 1000+ accommodations and every day adding up new
accommodations and locations to serve the customers.
INVESTMENT RS 10,00,000
(REFUNDABLE)
AGREEMENT 3 years
TERM
PAYOUT Quarterly
All investments are refundable with in 3 months of notice after locking period of one year.
Franchisee agreement is for 3 years & renewable there after mutual consent.
160000
140000
120000
100000
80000
60000 ROI
40000
20000
0
Return from Return from
Bank Fixed SafeHoms
Deposit Franchise
Corporate Office:
GF-41, Ansal Fortune Arcade, Sector - 18, Noida,
Gautam Buddha Nagar, Uttar Pradesh- 201301
Website:www.fhlmart.com
BETWEEN
M/S FAVOURITE HOLDING & LEASING LIMITED. (CIN No
U65910RJ1985PLC003476) (PAN –AAACF7513Q) company registered under the
Companies Act 1956 having its Corporate office at GF-41,BUILDING 18,NOIDA, District-
GAUTAM BUDH NAGAR, State-U.P. PIN 201301 (hereinafter referred to as the 'FHL' which
expression shall, unless it to be repugnant to the context or meaning thereof, deem to mean and
include its executors, administers and permitted assigns), of the FIRST PARTY;
And
MR. …………………………… S/O ………………… resident of
………………………………..PAN-…………………….. (hereinafter referred to as the '
BUILDING Franchisee ’ which expression shall, unless it to be repugnant to the context or
meaning thereof, deem to mean and include its executors, administers and permitted assigns).
WHEREAS
A. FHL is engaged in the business of financing of technology platform engaged in
collection/recovery/accounting/bill checking and payment disbursal services of rentals,
furniture , equipments , canteen , licensing fees ( Security Deposit with Land lord ) ,
hospitality etc. ,.
B. The BUILDING FRANCHISEE is engaged partly in the business of investing and supervising
the hospitality services.
C. WHEREAS, BUILDING FRANCHISEE approach'FHL’ and willingly propose to appoint
him/them as BUILDING Franchisee-Category- in accordance with Annexure A.
D. WHEREAS, BUILDING FRANCHISEE agrees to authorize payment & supervise services
provided by Sector Franchisee/Service Provider in accordance with Annexure C of this
Agreement to the Licensee /Users of the Company-FHL PG (PAYGROUP) having address
…………………………………………. unit’ situated in Geographical /demographical area
of …………………………………………………… ( In territorial limits assigned) in
accordance with Annexure B. to Sector Franchisee/Service
Provider…………………………/FHL.
E. Based on the mutual understanding and agreement among the Parties, the Parties have
agreed to enter into this Agreement on the terms and conditions herein below:
1. PERIOD OF AGREEMENT AND ITS EFFECTIVENESS:
A. 'FHL.and BUILDING FRANCHISEE executed this agreement on ……day of
……………. month ……….year for a period of 3 (Three) years. It may be extended
further by mutual consent of both the parties and agreement on or before expiry of this
agreement.
B. This agreement may be reviewed by FHL. after every eleven months from the date of
executing this agreement for changes in Terms of Annexure A,B,C and D, If desired.
BUILDING FRANCHISEE shall be liable to agree and execute such changes
D. BUILDING FRANCHISEE agrees to assist the FHL. in sourcing new Units to setup and
expand FHL PG (PAYGROUP) in Geographical /demographical area of of Building-
,Noida ( In territorial limits assigned), in accordance with Annexure B,.
E. Both the parties shall be bound to adhere by the provisions of this agreement
4. SCOPE OF SERVICES
A. FHL. agrees to appoint BUILDING FRANCHISEE as “BUILDING FRANCHISEE
Category-DIAMOND” of the building having address……………………………….
Which is under sector franchisee/ service provider in accordance of Annexure A of this
agreement and for the Geographical /demographical area of
………………………………………………….., in accordance with Annexure B.
F. BUILDING FRANCHISEE to supervise services and counterchecking of bills for services
provided Sector Franchisee/Service Providers in accordance with Annexure C of this
Agreement .
5. Terms OF Payment to OBTAIN BUILDING FRANCHISEE-“ CATEGORY”
The BUILDING FRANCHISEE agrees to pay refundable a sum of INR 10,00,000/- (Rupee Ten
Lakh Only ) to FHL. for obtaining the status of a “BUILDING FRANCHISEE –Category-
“DIAMOND.”
Out of this amount
INR 7,50,000/- only (Rupee Seven Lacs Fifty thousands only) is paid to FHL. as one time
Refundable “BUILDING FRANCHISEE –Category-Gold” as Franchise fees
INR 5,00,000/- only (Rupee Five Lacs only) is paid to FHL. as one time Refundable
“BUILDING FRANCHISEE –Category-Gold” as Franchise fees
15. SEVERABILITY
In the event that any one or more of the phrases, sentences, clauses, paragraphs, or sections
contained in this agreement shall be declared invalid or unenforceable by a valid judgment or
decree of a court of competent jurisdiction, such invalidity or unenforceability shall not affect any
of the remaining phrases, sentences, clauses, paragraphs, or sections of this agreement which are
hereby declared as severable and shall be interpreted to carry out the intent of the Parties
hereunder unless the invalid provision is so material that its invalidity deprives either party of the
basic benefit of their bargain or renders this Agreement void.
16. TERMINATION
i. Notwithstanding anything written in this Agreement, either Party can terminate this Agreement
by any of the following ways:
a) by giving Three month's advance notice to the other Party; or
b) by mutual agreement between the Parties;
c) In case of material breach of the obligations set by the terms and conditions or shall have
failed to remedy any remediable breach within a period of 15 days of the receipt of a notice in
requiring him to do so;
d) If in case of failure to produce any document or information or if any amount required to be
paid under the terms of this Agreement is not paid or the document not submitted or the
information not provided at the latest within 45 days following its due date by either of the
Parties;
e) That any act(s)/commission(s) contrary to law like cheating fraud, misappropriation,
defamation etc., any other criminal or civil offence(s) committed by either of the Parties, in
the courses of business, or the services under this Agreement or otherwise, which directly or
indirectly affects the name and reputation of either of the Parties shall empower the other
Party to terminate this Agreement with immediate effect without any notice and shall claim
damages depending upon the circumstances.
ii. In the event if either of the Parties becomes bankrupt or goes into receivership, administration or
liquidation (whether creditor's voluntary or compulsory) the other shall have a right to terminate
this Agreement.
iii. In the event the BUILDING FRANCHISEE withholds information and access or otherwise
hinders COMPANY or its designated representative(s) from freely carrying out inspections of the
property and visits as envisaged under this Agreement, the FHL. shall have a right to terminate
this Agreement.
iv. The terms and conditions set forth in this clause shall survive even after the termination or
expiration of this Agreement.
v. Time shall be considered as an essence of the contract.
vi. Upon termination, any dues owed by either Party to the other shall be settled within 30 days of
termination of the Agreement.
17. AUTHORITY TO DELEGATE
The BUILDING Franchisee will not have any authority to assign any of its rights under this
Agreement, or delegate the performance of any of its duties hereunder, without the prior written
consent of the Company.
18. MODIFICATION OF AGREEMENT
This agreement may be modified by subsequent agreement of the parties only by an instrument in
writing signed by both of them or an oral agreement to the extent that the parties carry it out.
19. FORCE MAJEUR
Neither Party shall be liable for failure to perform or delay in performing any obligation under
this Agreement if the failure or delay is caused by any circumstances beyond its reasonable
control, including but not limited to acts of god, war, civil commotion or industrial dispute. If
such delay or failure continues for at least 7 days, the Party affected by such delay or failure shall
be entitled to terminate this Agreement by giving notice in writing to the other Party.
20. Indemnity:
Either of the Parties shall exonerate and indemnify the other Party from and against in case if-
a. any and all losses, claims, suits, demands or other causes of action arising out of, or in any way
related to the breach of any covenant, representation and/ or warranty contained in this
agreement and /or in any other agreement between both the Parties or any its affiliates ;
b. any and all failure, mistake or neglect of either of the Parties or their servants , representatives,
employees, consultants, or agents, to exercise due and proper care in providing services in
accordance with this agreement; AND
c. Any and all liabilities, fees (including reasonable attorney fees), costs and other expenses
reasonable incurred by or on behalf of either of the Parties incurred as a result of any such claim.
21. COMMUNICATION AND NOTICES
All verbal and written communication including required reports and submissions
between FHL. and BUILDING FRANCHISEE shall be through registered post or email to the
office of both the parties or official mail id respectively and no verbal communication between
the parties shall change any of the terms and conditions of the agreement.
Any communication to the FHL. shall be made at:
ADDRESS: GF-41,ANSAL FORTUNE ARCADE,BUILDING 18, NOIDA,GAUTAM BUDH
NAGAR,201301
EMAIL ID: marketing.FHL.@gmail.com
Any communication to the BUILDING FRANCHISEE shall be made at:
ADDRESS: ……………………………………………………………………………
IN WITNESS WHEREOF, the Parties executed this agreement on this ………. day of
……………..Month 2018 Year at NOIDA.
IN WITNESS WHEREOF, the Parties hereto have set and subscribed their respective hands
and seal to this writing on the day, month and year first mentioned herein above.
Signature: Signature:
Name: Name:
Address: Address:
Counter Signed by .
K.K..Purwar & Co, Legal Consultants
ANNEXURE: A
FHL. reserve the rights to change the terms as above at any point of time.
ADDRESS:
SECTOR FRANCHISEE
AREA OF OPREATION
With in the area of Red Line Marked on Map of GAUTAMBUDH NAGAR.State- UTTAR
PRADESH. Comprising …………………………………………………………………..
FHL. reserve the right to re-allocate the area of BUILDING FRANCHISEE/CATEGORY As and
when desired .
A. BUILDING FRANCHISEE shall have authority for supervising the FHLPG and counter check
bills for providing services as per the policy and standard set by the FHL. and may be further
advised from time to time ,to FHL.’s Licensee (s),Services supervised will be but not limited to:
(i) Providing Food and Beverages services ( Breakfast ,Lunch, Dinner or as may be
the choice of Licensee with the consent of FHL.) ,
(ii) Electricity, ( iii ) Plumbing, (iv) Carpentry, (iv) Home Deep Cleaning,
(v) Laundry (vi) Manpower Management and administration etc.
B. To countercheck the payments from the Licensees is paid directly to the FHL before tendering any
service to the Licensee of FHL.. Such payments include but are not limited to License Fee, dues,
penalty, fine, interest etc.
C. To collect the feedback from the licensees of the FHL accommodations on monthly basis and
submit the same to the FHL. .
D. BUILDING FRANCHISEE shall have authority to countercheck compliance with all applicable
laws, rules, regulations, Licensee(s) and permission(s) of Government as applicable.
E. BUILDING FRANCHISEE have authority to countercheck all records, relevant information of
the Licensee, all relevant bills, receipts on time to time.
F. BUILDING FRANCHISEE shall have authority to countercheck the vendors with the prior
consent and approval from FHL for managing the aforesaid services at FHLPG.
G. The BUILDING FRANCHISEE have authority to countercheck all cost and liabilities such as
operational cost, administrative cost, Vendors, Government Liabilities/fees and relevant
expenditures for providing its services as BUILDING FRANCHISEE-“Category”. The FHL
shall not be liable for any kind liabilities, payments and act SECTOR FRANCHISEE, either
directly or indirectly.
H. BUILDING FRANCHISEE have authority to countercheck all acts of sector franchisee/service
provider employees in the course of providing services to company. BUILDING FRANCHISEE
have authority to recover For any kind of loss and damage due to the negligence of Sector
FRANCHISEE Employee (s), Vendor (s) and representative SECTOR FRANCHISEE shall be
liable to reimburse the cost of Damage(s), Loss (s) to FHL.
I. BUILDING FRANCHISEE shall have authority to countercheck for the quality of products/
material /supplies to Licensee (s) of FHL.. In case of any laps or incident cause due to the sub-
standard quality, poor service or negligence the, SECTOR FRANCHISEE shall be solely liable
and responsible.
For The BUILDING FRANCHISE For The FHL.