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AGREEMENT This agreement is made at Mumbai on this _____ day of _______ BETWEEN M/s ARROW ENGINEERING LTD.

having its site office at Plot No.:-8, 1 st floor, Kothekar Building, Mhada Colony, Sarvodaya Nagar, Pen-402107. Head office at B-3, Suneja Tower-1 District Centre, Janak Puri, New Delhi 110058. and sales office at 142-143-144-145, Kuber Complex, Link Road, Andheri (W), Mumbai 400058. (Here in after referred to as the company which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assigns) through its duly authorized signatory ONE PART, AND Shri/Smt ____________________________________________________________ Son/Daughter/Wife of _______________________________________________ Resident of __________________________________________________________ Pan No _________________________________ Co-Applicant :Shri/Smt. ___________________________________________________________ Son/Daughter/Wife of Shri __________________________________________ Resident of __________________________________________________________ Pan No ____________________________ (* to be filled in case of joint purchasers) --1--

Herein after singly/jointly, as the case may be, referred to as The Allottee(s) which expression shall unless repugnant to the context or meaning thereof, includes his/her/their respective heirs, executors, administrators, legal representatives, successors and assigns) of the other part. WHEREAS the Company has entered into lawful arrangement with its subsidiaries/associates for development of township project situated in area of Taluka- Pen, District- Raigad State of Maharashtra. And whereas the notification regarding the development of the special township has been issued by the revenue & forest department of state of Maharashtra in favor of the company (refer as annexure A) AND Whereas the company shall develop the said Township in the name and style of ARROW CITY MANHATTAN (herein after referred to as said PROJECT) in accordance with the plans sanctioned by the district collectors or any other concerned authority whichever applicable. And whereas the company has offered to sell the said fully developed free hold residential banglow plots of land in their special township project called as City Manhattan situated at Taluka Pen, district in the state of Maharashtra to the said Allottee AND WHEREAS the Allottee(s) has agreed to the various terms and conditions as set out in the application form for allotment of plot, Details of which is given in Annexure, Annexed to this agreement (herein after referred to as said PLOT). AND WHEREAS in Allottee(s) has represented that he has applied for allotment of plot in the said township with full knowledge of laws/notifications and rules applicable to the area in general and the arrangements pertaining to said project Named as ARROW CITY MANHATTAN in particular which have been explained by the Company and understood by him. AND WHEREAS the Allottee(s) has confirmed to the Company that he/she is entering into this agreement with full knowledge to all the terms and conditions contained in this agreement and that he/she has clearly understood his/her rights, duties, responsibilities, obligations under each all the clauses of this agreement.

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AND WHEREAS the Allottee(s) has represented that he has seen the relevant documents/papers pertaining to the said project and is fully satisfied that the title in the land of said project which is marketable and understood the tentative plans and specifications regarding the development of said project and is willing to purchase the said plot. AND WHEREAS the company, relying on the confirmations representations and assurances of the Allottee(s) to faithfully abide by all the terms, conditions and stipulations contained in this agreement has accepted in good faith his/her application to allot the said plot and is now willing to enter into this agreement on the terms and conditions appearing hereinafter. NOW, THEREFORE, THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED AND DECLARED BY AND BETWEEN THE PARTIES HERE TO as follows: 1. That the company hereby agrees to Allot and Allottee(s) hereby agrees to be allotted the plot described in annexure A to this agreement in the said project as per plans and specifications on Basic sale price of Rs. _______ per sq yard, having the size ______ sq.yard, total consideration of Rs.,allotment No(refer as annexure A),unit allotted No. ,in approx dimensionin the beta sector block . As accordance with the proposed plans. Receipt No________________________ Dated______________________ and payment received till date is Rs.________________, and balance consideration price to be paid by the Allottee(s) to the company shall be Rs._________________ as per the development progress as per the Annexure A. Plus other additional charges as described in this agreement in respect of said plot. 2. That the Allottee(s) hereby agrees to pay to the Company the basic sale price and other development/preferential charges/additional charges as per the payment plan opted by the Allot tee(s). 3. That the Allottee(s) hereby agrees that he shall pay the price of said plot and other charges calculated on the basis of total area, It is further understood and agreed by the Allottee(s) that the area given in this agreement is tentative and subject to change on completion of construction of said project. The difference if any will be calculated at basic sale price. 4. The Allottee(s) hereby agrees to pay preferential location charges (PLC) for preferential location as described in this agreement in the manner and with the name as stated in the payment plan annexed herewith as Annexure A. However, the Allottee(s) has specifically agreed that if due to any change in plan his/her plots status would remain same as preferential plot. 5. That both the parties have agreed that the cost of said plot is escalation free, save and except increases, which the Allottee(s) hereby agrees to pay due to increase in plot area, external development charges, government/statutory authorities from time to time. If any provision of the existing and future laws, guidelines, directions etc of any government or the competent authorities made applicable to the said plot/said project requiring the company to provide pollution control devices, effluent treatment plant etc in the said project, then the cost of such additional devices, equipments etc shall also be borne and paid by Allottee(s) in proportion to the area of his plot to the total area of plots in the said project, as and when demanded by the company

--3-6. That the Allottee(s) specifically agree(s) to pay directly or if paid by the company then reimburse to the company on demand, all government charges, levies, service tax, any other charges fees, taxes etc leviable in future on the said land and /or said project to be constructed on the said land, as the case may be, as assessable/applicable from the date of allotment of the super area of the plot. If such charges are increased(including the retrospective effect) after the sale deed has been executed then such charges shall be treated as unpaid sale price of the said plot and the company shall have the first charge/lien on the said plot for recovery of such charges from the Allottee(s). 7. That it is further understood and agreed by the Allottee(s) that the area of said plot given in this agreement is tentative and subject to change as per direction of the local authorities or architect or engineers of the Company which may result in change (decrease/increase in the area (up to 10% of plot size allotted) of said plot. The differences, if any will be calculated at basic sale price change in its dimensions, size, location, number, boundaries etc. The final area, size, location, number, boundaries shall be confirmed by the company on completion of development of said project. But said plot no. would remain unchanged and will be allotted in beta sector Block. 8. The said plot allotted to the allottee(s) does not come under preferential location, however, the allottee(s) has specifically agreed that if due to any change in the layout plan, the said plot becomes preferentially located in such case, the allotte(s) shall be liable and agrees to pay the amount as and when demanded by the company as preferential location charges. 9. That it is agreed by the parties that the fire fighting equipment and or preventive measures may be installed by the Company in the common area/township if required by any law/by laws order or directions or guidelines of the government/statutory authority/body or if deemed necessary by the Allottee(s) and the costs thereof shall be chargeable extra from the Allottee(s) on pro-rata basis. 10. That the Company is responsible for providing internal developments within the said project which interalia includes (a) laying of roads (b) laying of water lines (c) laying of sewer lines (d) laying of electrical lines however it is understood that external or peripheral services such as trunk water and sewer connections, storm, water, drains, roads, electricity, horticulture etc to be provided by the government or concerned local authorities up to the periphery of said project.

--4-11. That the Allotted(s) agreed that specifications shown in the brochures/pamphlet/advertising etc are indicative only and that the Company may on its own provide any additional/better specifications and/or facilities other than those mentioned in the brochure/pamphlet/advertisings etc due to technical or aesthetic reasons. 12. The Allottee(s) undertake to pay additionally to the Company, the External development charges(EDC) and infrastructural development charges (IDC) or any increase thereof levied by the government of Maharashtra or any competent authority and such EDC & IDC or increase thereof shall be borne and paid by Allottee(s) in proportion to the super area of said plot to the total area of all the plots in the said project as determined by the Company as per rate of CIDCO applicable at the time of possession of the plot. 13. That the Company alone shall be entitled to obtain the refund of various securities deposited by it during development of project with various governmental/local authorities for electric and sewer connection etc or any other purposes. 14. That it is essential condition of this agreement that the said plot shall be used for residential purpose only and Allottee(s) has to follow construction norms according to rules and regulations of local authorities with prior permission from the Town Planning Department in written. Any change in the specified use, which is not in consonance with the theme of said project or is determined to the public interest will be treated as the breach of the terms of this agreement entitling the company to cancel the agreement and to forfeit the entire amount deposited by the Allottee(s). Thereafter the Allottee(s) shall not have any right, title or interest in the said plot allotted to him. 15. That it is Allottee(s) hereby agrees to make all payments within time as per the terms of schedule of payments as mentioned above and/or as may be demanded by the company from time to time without any reminders from the company through A/C payee cheque(s)/demand draft (s) favoring M/s Arrow Engineering Ltd. The receipt of payments shall be issued by the company in the name of Allottee(s). In case of any cancellation or refund if asked by the Allottee than twenty percent of amount of sale value shall be forfeited and rest amount shall be paid. 16. That it is agreed by Allottee(s) that the timely payment of installments and other allied charges indicated herein is the essence of this agreement. It shall be incumbent on the allottee(s) to comply with the terms of payment and the allottee(s) herein has agreed that company is under no obligation to send reminders for payments. If payment is not received by the company within the period as indicated in the payment plan opted by the allottee(s) or if there is any other breach of this agreement, then the allotment may be cancelled.

--5-17. That the Allottee(s) if resident outside India, is solely responsible for complying with the necessary formalities as laid down in foreign exchange management Act 1999, Reserve Bank Of India Act and rules made there under or any statutory amendment (s) modification(s) made thereof and all other application laws including in India etc. and provided the company with such permissions, approvals etc which would enable the company to fulfill its obligation under this agreement. The Allot tee(s) hereby understand and agrees that in the event of any failure on his part to comply with the application guidelines issued by the Reserve Bank of India, he shall be liable for any action under the foreign exchange management Act.1999 and rules made there under as amendment from time to time the company accept no responsibility in this regard. 18. That it is agreed by and between the parties that unless a conveyance deed executed and registered, the company shall continue to have full authority over the said plot and all amounts paid by the Allottee(s) under this agreement shall be a token payment for purchase of the plot and shall not give him any lien or interest on the said plot until he has complied with all the terms and condition of this agreement and a conveyance deed of the said plot has been executed registered in his favors. 19. That the Allottee(s) are not entitled to get the name(s) of his nominees (s) substituted in his place. The company may however, in its sole discretion, permit such substitution on such terms and conditions including payment of administrative charges as it may deem fit any change in name (including addition/deletion of the Allottee(s)will be deemed as substitution for this purpose. 20. That the Allottee(s) shall also be entitled to use the common areas and facilities within the said land which may be outside the land underneath the said Project earmarked as generally commonly used areas & facilities by all the occupants/ users on the said land. However it is further made clear to the Allottee(s) that the Allottee(s) shall have no right title or interest in other unreserved covered parking space available to visitors/other occupants/users in the said Project on payment or operational/maintenance and shall be dealt with by the company at its own discretion as it may deem fit. 21. (a) That the company shall complete the development of said project within24 months from the date of signing of agreement of within an extended period of six months, subject to force major condition [ as mentioned in clause (b) hereunder] or subject to any other reasons beyond the control of the company. No claim by way of damages/compensation shall lie against the company in case of delay in handing over the possession on account of any of the aforesaid reasons and the company shall be entitled to a reasonable extension of time for the delivery of possession of the said plots (s) to the Allottee(s).

--6-(b) That the company shall not be held responsible or liable for not performing any of its obligation or undertaking provided for in this agreement if such performance is prevented, delayed or hindered by act of God, fire, flood, explosion, war, riot, terrorist acts, sabotage, inability to procure or general shortage of energy, Labour, equipment, facilities, materials, or supplies, failure of transportation, strike, lock outs, action of labour unions or any other cause (whether similar or dissimilar to the foregoing) not with reasonable control of the company further the company shall not be held liable for any delay in delivery of possession of the said plot(s) to the Allottee(s) if the delay is caused due to carrying out any alternate/additional work demanded by the Allottee(s) in the said plot at point of time during development of the said project. (c) That the company shall offer in writing to the Allottee(s) to take over, occupy and use the said plot within thirty (30) days from the date of the offer of possession and the company shall hand over the said plot to the Allottee(s)for his occupation and use subject to the Allottee(s) having complied with all the terms and condition of this agreement and is not in default under any of the terms and condition herein and has complied with all provisions, formalities, documentation etc. as may be prescribed by the company in the regards. (d) That upon receiving a written intimation from the company the Allottee(s) shall within the time stipulated by the company in the notice offering possession, take over possession of said plot from the company by executing necessary indemnities, undertaking and such other documentation as the company may prescribe and the company shall after satisfactory execution of such documents and payment by Allottee(s) of all the dues permit the Allottee(s) to occupy and use the said plot. If the Allottee(s) fails of all the dues permit the Allottee(s) to the time limit prescribed by the company in its notice, the said plot shall lie at the risk and cost of the Allottee(s) and the company shall have no liability or concern thereof. Further in the event of his failure to take possession for any reasons whatever he shall be deemed to have taken the possession of the said plot on expiry of 30 days of offer of possession for the purpose of payment applicable maintenance charges or any other taxes, levies, outflows on account of the plot or for any other purpose. (e) Further it is agreed by the Allottee(s) that in the event of his failure to take over the said plot in the manner as aforesaid, the Allottee(s) shall pay to the company holding charges at the rate of Rs. 5/- (Rupees Five only) per sq yard of the total super area per month for the entire period of such delay and to withhold conveyance or holding over for occupation and use of the said plot till the entire holding charges with applicable overdue interest all the rates as prescribed in this agreements along with the applicable maintenance charges are fully paid. It is made clear and the Allottee(s) agree that the holding charges as stipulated in this clause shall be a distinct charge not related to but in addition to maintenance or any other charges as provided in this Agreement.

--7-In case of delay in construction of the said plot at attributable to delay of Company subject to Clause (a) & (b) herein above, the Company would pay a sum at the rate Rs. 5/- (Rupees Five only) per sq. yard of super Area per month for the period of delay to the Allottee(s), provided however that the Allottee(s) has made payment of all installments towards the sale consideration amount of the said plot in time and without making any delay to the company. (f) That if for force major reasons beyond the control of the Company, the whole plotting phase of the project is abandoned or abnormally delayed, no other claim will be preferred except that Allottee(s) money will be refunded on demand along with simple interest @ 8% p.a. from the happening of such eventuality after compliance of certain formalities by the Allottee(s). 22. (a) That the Allottee(s) shall, after taking possession or deemed possession of the said plot, as the case may be, or at any time thereafter shall have no objection to the Company developing or continuing with the development of other plots adjoining the said plot sold to the Allottee(s). (b) That the Company is authorized to raise loan by creating mortgage of the project land from any financial institution and the Allottee(s) will have no objection in this regard. However, such mortgage, if created will be got vacated before handing over possession of the said plots to the Allotters(s). 23. That upon completion of the project, the Company shall (Subject to the whole of the consideration money payable under this agreement of Rs.. and other charges and dues being received), execute and register the Conveyance Deed of the plot in favors of the Allottee(s) in such manner as may be permissible at the cost and expense of the Allottee(s) and one the terms and conditions of this agreement except those omitted by the Company as unnecessary and the terms and conditions, if any, imposed by the Authorities in this behalf. 24. That the stamp duty, registration fee and other charges for execution and registration of this Agreement, Conveyance Deed or any other Documents with respect to the said plot shall be payable by the Allottee(s) within the time specified in call notice given by the Company to the Allottee(s). The Allottee(s) shall be fully responsible for paying any deficient stamp duty and other charges to the Govt. authorities. 25. (a) That the Allottee(s) will be entitled to possession of the said plot at only after all amounts payable under this Agreement are paid and the Conveyance Deed in respect of the said plot is Executed and duly registered with the Register/Sub-Register concerned.

--8-(b) That the Allottee(s) after taking possession of the said plot shall have no claim against the Company in respect of any item of work which may be alleged not to have been carried out or completed in the said plot or for any reason whatsoever. All complaint, if any shall be deemed to have been rectified/removed before taking the possession of the said plot by the Allottee(s) or his authorized representative. 26. That the common areas and facilities shall remain under the control of the Company whose responsibility will be to maintain and upkeep the said spaces, site until the same are transferred assigned to or any other body or any other maintenance agency. 27. (a) That in order to provide necessary maintenance services the company may upon the completion of the said project, hand over to maintenance of the said project to any corporate, association etc. (hereinafter referred to as maintenanceAgency) as the Company in its sole discretion may deem fit. The maintenance, upkeep, repairs, lighting, security etc, of the project including other common areas, landscaping and common lawn, water bodies of the project will be organize by the company or its nominated agency. The Allottee(s) shall pay maintenance charges which shall be fixed by the maintenance cost. The Allottee(s) shall be liable to pay interest at the rate of 18% per annum for non payment of any of the charge within the time specified failing which it shall also disentitle the plot Allottee(s) to the enjoyment of common services including electricity, water etc. (b) That the Allottee(s) hereby agrees to keep the company and interest free maintenance security (IFMS) deposited towards payment of maintenance charges in order secure adequate provision of the maintenance services and due performance of the Allottee(s) in paying promptly the maintenance bills and other charges as raised by the maintenance agency. The Allottee(s) further agrees to deposited the said interest free maintenance security as per the schedule or payment given in the agreement and to always keep in deposited with the company or its nominee/ maintenance agency. A separate maintenance agreement between the Allottee(s) and the company or its nominee/maintenance agency will be signed at a later dated. (c) That the company shall have he right to transfer the IFMS of the Allottee(s) to the maintenance agency/association of plot owners as the company may deem fit, after adjusting there from any outstanding maintenance bills and /or other outgoing of the Allottee(s) at any time upon execution of the conveyance deed and there upon the company shall stand completely absolved/discharge of all its obligation and responsibilities concerning the IFMS but not limited to issues or repayment, refund, and /or claims, if any, of the Allottee(s) on account of the same.

--9-(d) That the company or maintenance agency and their representatives, employees etc shall be permitted at all reasonable times to enter into and upon the said plot for carrying out any repair, alteration, clearing etc of for any other purpose . In connection with the obligation and right under this agreement including for connection/disconnection of the electricity and water and/or for repairing/changing wires, gutters, pipes drains, part structure etc. However in case of urgency or exigency situation, the Allottee(s) hereby authorize the company or maintenance agency and their representatives, employees, etc to break the lock, door, windows etc (if any) of the said plot to enter in order to prevent any further damages/losses to the life/property in the said plot/building/project and the Allottee(s) hereby agrees that the said action of the company or maintenance agency and their representative, employees, etc of fair and reasonable. 28. That the Allottee(s) may agree to become member of the state of the art inhouse club on payment of fees and charges, as may be applicable. The club shall be managed by the Company and /or its nominee. The Allottee(s) shall not interfere in the management and /or maintenance of the club in any manner whatsoever. It is clarified that the township of the Club, its equipment, buildings and construction together with the rights in the land underneath shall continue to vest with the Company at all times together with rights in the land underneath shall continue to vest the company at all times irrespective of whether its management is done by the Company and/or its nominee appointed for this purpose. The Allottee(s) shall be entitled to avail the club facilities/services as per the rules and regulations of the club. 29. That the said project shall always be known as ARROW CITY MANHATTAN and this name shall never be changed by the Allottee(s) or anybody else. 30. That the Company shall have the first lien and charge on the said plot at, in the event of the Allottee(s) parting with any interest therein, for all its dues that may become due and payable by the Allottee(s) to the company under this agreement. 31. That the terms and conditions contained herein shall be binding on the Occupier of the said plot and default of the Occupier shall be treated as that of the Allottee(s), unless context requires otherwise. 32. That notwithstanding the plot/flat that a portion of the common areas has been included for the purpose of calculating saleable super area of the said plot. It is reputedly and specifically made clear that it is only the insides space in the said plot, that has been agree to be should and the inclusion of the common areas in the computation does not gives any right and title therein as such to the Allot tee(s). This clause for N.A for plots.

33. That the Allottee(s) shall not make noise pollution by use of loudspeaker or otherwise and/or throw or accumulate rubbish, dust or garbage etc. anywhere in the said project except at areas/places specifically earmarked for these purpose in the said project. --10-34. That it is clearly specifically that the visitors/guests/relative/staff of the Allotters(s)/occupants of the plot shall park their vehicles inside the complex at the space earmarked by the Company to avoid any inconvenience to the plot Allottee(s) occupants of the other plots. 35. That delay or indulgence by the company in enforcing the terms of this agreement or any Forbearance or giving to Allottee(s) shall not be constructed as a waiver on the part of the Company of any breach or non compliance of any of the terms and conditions of this Agreement by the Allottee(s) not shall the same in any manner prejudice rights of the Company. 36. That the Allottee(s) hereby agrees that in case he has availed loan facility for the purchase of the said plot, upon execution and registration of Conveyance/Sale Deed regarding the said plot. The original Conveyance/Sale Deed shall be received by the company on behalf of the Allottee(s) from the registration office directly and shall be deposited with the concerned finance/banker to create equipment mortgage thereon in a accordance with the banking Rules & Regulation. 37. That if any provision of this agreement is determined to be void or unenforceable Under any applicable law, such provision shall be deemed to have been amended or deleted in as for as it may reasonably be consistent with the purpose of this agreement and to the extent necessary to confirm to applicable law and the remaining provisions of this Agreement shall remain valid and enforceable in accordance with other terms. In no circumstances it shall render this Agreement void. Further, in case of any repugnancy or difference in the terms and conditions of any prior document and this agreement, the Terms and conditions contained in this agreement shall prevail and be binding on both the parties. 38. (a) That the Allottee(s) shall get his complete address registered with the company at the booking and it shall be his responsibility to inform the Company by Registered letter about the all subsequent charges. If any, in his address. The address given in the application form for allotment of the said plot shall be deemed to be the Registered Address of the Allottee(s) until the same is changed in the manner aforesaid. (b) That in case of joint Allottee(s) shall get his complete address registered with the company to the Allottee(s) whose name appears first and at the address given by him and this shall for all purpose be considered as served on all the Allottee(s) and no separate communication shall be necessary to the other names Allottee(s). (c) That all letters, receipts, and/or notices issued by the company or its nominee and dispatched under Certificate of Posting/Regd.AD/Speed Post/Courier Service to the last Known address of the Allottee(s) shall be sufficient proof of

receipt of the same by the Allottee(s) and which shall fully and effectually discharge the Company/Nominee.

--11-39. That for all intents and purposes singular shall Plural and masculine gender shall include the feminine. These expressions shall also be deemed to have been modified and read suitably wherever Allottee(s) is a joint stock company, a firm or any other body corporate or organization or an association. 40. That if any stage this document requires to be registered through the company in his favor at his cost and expenses and keep the Company fully absolved and indemnified in this connection. 41. Any other document signed/attested/enclosed by the company before the signing of this agreement become null & void. 42. Super area is not going to be calculated; only carpet area is going to be calculated for the residential plots. 43. All or any disputes arising out of or touching upon or in relation to the terms of this Agreement including the interpretation and validity of the terms Thereof and the respective rights and obligation of the parties shall be settled amicably by mutual discussion failing which the same shall be settled through arbitration proceedings shall be governed by the Arbitration & Conciliation Act.1996 and/or any statutory amendments/modifications thereof for the time being in force. The Arbitration Proceedings shall be held at an appropriate location in MUMBAI Subject to the Arbitration as referred above. The Courts at MUMBAI shall have jurisdiction in all the Matters arising Out of /or touching upon and/or in connection with this Agreement. IN WITNESSES WHEREOF the parties hereto have set their hands and have signed this Agreement at the place and on the day. Month and year first written herein above, and in the presence of the following witnesses: WITNESSES: 1: NAME: _________________________________________________________________ ADDRESS_________________________________________________________________ _______________________________________________________________ SIGNED, EXECUTED & DELIVERED BY COMPANY (Authorized Signatory) 1: BUYER

2: BUYER

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