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LEASE DEED
E-STAMPING CERTIFICATION No
CERTIFICATE ISSUED DATE
PROPERTY No.
LOCATED AT

:
: 07-08-2015
: G-13, BASEMENT
PREET NAGAR C.H.B.S LTD
PREET VIHAR, DELHI-110092
: Rs.35, 000/- PER MONTH
: Rs.70, 000/: THREE YEARS
: Rs. /-

LEASE FEE
SECURITY DEPOSIT
LEASE PERIOD
STAMP DUTY

THIS LEASE DEED is made and executed at Delhi on this 07 th day of August, 2015 (Friday)
between:DR.MEERA VERMA W/o MR.MAHESH VERMA R/o D-129, ANAND
VIHAR,SHAKARPUR EAST, DELHI-110092, hereinafter called the lessor (which expression
shall include their heirs, successors, legal representative and assignee of the one part)
AND
M/s ISHAN EARTHING LIMITED its Director Mr.AJEET SINGH S/o SHRI TRIBHUWAN
SINGH R/o 1/739, Vashundra Ghaziabad U.P., signed through its authorized signatory
____________________________, hereinafter called the lease ( which expression shall include her/his
heirs, successors, legal representatives and assignees of the other part)
WHEREAS the lessor is the absolute owner of the BASMENT, BEARING NO. G-13,SITUATED IN
THE LAYOUT PLAN OF PREET NAGAR CO-OPERATIVE HOUSE BUILDING SOCIETY
LTD.,COLONY KNOWN AS PREET VIHAR,DELHI-110092,and where the lessee have approached
the lessor for taking aforesaid basement on monthly rent basis for commercial purposes and whereas the
lessor has agreed to let-out the following terms and condition:NOW THIS DEED WITNESSETH AS FOLLOWS :
1. That the lease has been agreed to for a fixed period of THREE YEARS commencing from 07.08.2015
TO 06.08.2018
2. That the lessee shall pay to the lessor for the premises the rent of Rs.35,000/-(Rupees Thirty Five
Thousand only) per month payable in advance in on or before that 7th day of each English calendar
month.
3. That the lessee shall pay extra for electricity and water charge according to the bills of local authorities
and according to the consumption and shall also pay for the building maintenance charge directly to the
Association/society.
4. That the lessee shall under no circumstance sublet, assign, transfer or otherwise part with the
possession of a part of whole of the premises hereby let-out.
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5. That the lessee shall be responsible to pay for any breakage, damages caused to the sanitary, electrical
and other fitting and fixtures during the tenancy period.
6. That the premises shall be used as a commercial purposes only.
7. That the lessee shall comply with all the rules and regulation of the local authorities whatsoever with
relation to the demised premises.
8. That the lessee has deposited a sum of Rs.70, 00/- (Rupees Seventy Thousand Only) Equivalent To two
months rent, as security which shall be refundable without any interest at the time of vacating the said
premises at the expiry of lease period subject to all dues being settled before the refund.
9. That the lessee shall not carry out any structural additions or alterations to the building, layout, fitting
or fixtures, without the written consent of the lessor.
10. That the lessee shall permit the lessor, his agent, etc. to enter upon the demised premises for
inspection and carry the repairs etc. at reasonable time, as and when necessary.
11. That the lessor shall pay the House Tax Ground Rent or may hereinafter be assessed on demised by
the authorities concerned.
12. That the demised premises is duly distempered and painted and polished by the lessor. The lessor shall
not be liable to affect any minor repairs, white washing, distempering, painting and polishing during the
tenancy period
13.That the day to repairs of fitting and fixtures on the said premises such on the Premises such as those
relation to sanitary, electrical, carpentry items etc.have to be done by the lessee at his own cost. However,
the major repairs such as leakage in electricity, bursting of sanitary pipe and damage to the building will
be done by the lessor at his own cost.
14. That the lessor/lessee shall have the option to terminate the lease by giving one month notice or rent in
lieu thereof.
15. That the lessee shall not cause or permit to be caused any damage to the demised premises and shall
keep the premises harmless.
16. That the lessee shall have right to apply for all statutory registration of his group companies & carry
business activity from the said premises. That all liability/charges of telephone/bills will be paid by the
lessee
17. That on expiry of the lease the lessee shall hand over vacant peaceful possession of the premises to the
lessor. Before leaving the premises he should settle all dues, in respect of rent water, electricity, cost of
breakage and damages, if any due from the lessee.
18.That for any default on the part of the lessee for violation of any of the condition listed above the
lessor will have the right to terminate the terminate the tenancy of the lease and the lessee shall be bound
to hand over the vacant and peaceful possession of the demised to the lessor.

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19. That the lessee shall not store or stock any objectionable items, hazardous, offensive articles etc. in
illegal activity in the premises during in lease period.
20. That on expiry of lease period the lessee fails to vacate the said premises peacefully then the lessor
have rights to charges Rs5, 000/- (Rupees Five Thousand Only) as a damage/penalty charges per day
from the lessee and the lessee has also agreed for the same at the time of signing this agreement, if any
court expenses/fee incurred by the lessor to get the Demised premises vacated, the same would also be
borne by the lessee.
21.If the lessee shall fail to pay two months rent regularly or breaker any term of this agreement cum
lease deed or misuses the premises in any manner, then this deed stand terminated automatically and the
lessor shall have right to reject the lessee at the cost and expenses of the lessee.
22.In case more than two cheques bounce than the lessor shall make all subsequent payments through
D.D/bankers cheque within within a week such an event happening along with an inconvenience charge
of rupees 1000/- per cheque.
23. In the event of any dispute or differences between the parties relating to this lease Deed or any part
thereon the shall be referred to the arbitration.
24. That in case both the parties have agreed to extend the period of lease deed for further period then
they will sign a fresh lease deed with new terms and conditions.
25.That the lessor is the absolute owner of above mentioned premises by virtue of Partition Deed duly
registered as Document No.19730, Book No.1, Volume No.6769, on page 167 to 175, Dated 25/09/2012
with the office of S.R.VIII,Delhi executed by Lessor and Dr.(Mrs. Meera Verma)
IN WITNESS WHEREOF, the lessor and lessee and have set their respective hands and sign this Lease
Deed on the Day, month and year first above written.
WITNESSES:

(LESSOR)

(LESSEE)