FINAL REPORT ON TITLE 03 March, 2017

Mr. Abhishek Dutta Bengaluru

Dear Abhishek Dutta

Subject: Legal opinion in respect of the property bearing (1) Sy. No.33/1, measuring 02 Acres 03 Guntas, (2) Sy. No.33/2, measuring 01 Acre 08 Guntas and (3) Sy. No.30/8B, measuring 24.06 Guntas, situated at Haralur and Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk.

We have gone through the documents furnished by you in respect of the below mentioned property.

DESCRIPTION OF PROPERTY:

All that piece and parcel of the property bearing (1) Sy. No.33/1, measuring 02 Acres 03 Guntas, (2) Sy. No.33/2, measuring 01 Acre 08 Guntas and (3) Sy. No.30/8B, measuring 24.06 Guntas, (Official Memorandums No-B.DS.ALN:SR(EAST):281/2001-02 and No.B.DS.ALN:SR(EAST):282/2001-02 both dated 16.03.2002 issued by the Special Deputy Commissioner, Bangalore District), situated at Haralur and Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, presently within the jurisdiction of BBMP and assigned New Municipal Khata No-7/9/7/18, Bangalore, and bounded on:

East by : Remaining Portion of Suvey No.33/2, Harlur Village & 30/8 B, Kasavanahalli;

West by : Remaining Portion of Suvey No.33/1, Harlur Village; North by : Sy. No.30/8A, Kasavanahalli, belonging to Sri. Ningappa Reddy South by : 401 Feet Wide Road Common formed by members of First Party and

Property in Sy. No.39 of Harlur Village, belonging to Sri. Ramakrishna Reddy;

The above described property is hereinafter referred to as “the property under reference”.

SCOPE OF THE SCRUTINY AS REQUESTED BY THE CLIENT:

Survey Number coverage Verification of the (1) Sy. No.33/1, measuring 02 Acres 03 Guntas, (2) Sy.

Zippse

rv Sam

ple

(R

edac

ted)

No.33/2, measuring 01 Acre 08 Guntas and (3) Sy. No.30/8B, measuring 24.06 Guntas

Original Verification No

Independent Title Search in Government Offices

No

LIST OF DOCUMENTS SCRUTINIZED:

SL. NO

DATE DOCUMENTS

1 11.12.1964 Endorsement issued by Additional Special Deputy Commissioner in Case No. 59/1959 – 60 for Inam Abolition Confirming the Registration of Occupancy Rights in favour of Mr. Ramaiah S/o Hanumareddy in respect of Sy. No. 33/1 of Haralur Village.

2 RTC’s in respect of the property bearing Sy. No. 33/1 of Haralur Village, measuring 4 acres 10 guntas for the year 1967 – 68 to 1981 – 82 from 1987 – 88 to 2001 – 02.

3 MR. No. 7/1988 – 89 issued recording Partition Decree in O.S. No. 208/1976 and further allocation of Sy. No. 33/1 amongst other properties in favour of H. Ramaiah Reddy as per Schedule “A” to the said Partition Decree.

4 Tippani Copy issued in respect of Sy. No. 33 of Haralur Village.

5 Hissa Tippani in respect of Sy. No. 33/1 of Haralur Village.

6 Hissa Book Nakalu issued in respect of Sy. No. 33/1 of Haralur Village.

7 05.10.2007 MR. No. 5/2007 – 08 issued recording Mutation of name of Smt. Jayamma W/o H. Ramaiah Reddy as per IHC No. 1/2007 – 08.

8 31.10.1981 Order passed by the Land Tribunal in case No. LRF No. 4593/1977 – 78 registering Sri. Ramaiah Reddy S/o Hanuma Reddy as occupantin respect of Sy. No. 33/2 of Haralur Village amongst other land undersection 48(A) of KLR Act.

Zippse

rv Sam

ple

(R

edac

ted)

9 09.08.1982 Form No. 10 issued by the Special Tahasildar, Bangalore South Taluk confirming the Registration of Occupancy Rights in respect of Sy. No. 33/2 of Haralur Village amongst other lands in favour of Sri. Ramaiah Reddy S/o Hanuma Reddy vide Case No. LRF 4593/1976 – 77.

10 RTC’s with respect to the property bearing Sy. No. 33/2 measuring 02 acres 37 guntas for the year 1967 – 68 to 1993 – 94.

11 05.06.1983 MR. No. 6/1983 – 84 issued recording the mutation of Ramaiah Reddy’s name in respect of Sy. No. 33/2 of Haralur Village amongst other lands as per the order in LRF No. 4593/1976 – 77.

12 Akarband of Sy. No. 33/1 and 33/2.

13 16.03.2002 Conversion fine payment challan with respect to the property bearing Sy. No. 33/1 and 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore.

14 16.03.2002 Conversion orders bearing No. BDIS/ALN/SR (E): 281/2001 – 02 issued by the Deputy Commissioner, Bangalore with respect to the properties in Sy. No. 33/1 and 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore.

15 Moola Tippani, Hissa Survey and Kardhi for Sy. No. 33 of Haralur Village.

16 28.12.2002 MR. No. 43/2002 – 03 issued recording conversion of the property bearing Sy. No. 33/1 and 33/2.

17 Atlas issued in respect of Sy. No. 33/1 and 33/2 of Haralur Village.

18 Village Map

19 17.04.1961 Sale Deed executed by Sri. Mudalappa S/o Thimmaiah Reddy in favour of Sri. Ramaiah Reddy S/o Hanumareddy with respect of property bearing Sy. No. 30/8 measuring 01 acre and 30 guntas of Ksavanahalli Village, Varthur Hobli, Bangalore South Taluk, Bangalore. The said sale deed is registered as document No. 295/1961 – 62 of Book – 1, Volume 234 at pages 91 to 92.

Zippse

rv Sam

ple

(R

edac

ted)

20 MR. No. 9/1990 – 91 issued recording mutation of Sri. Ramaiah Reddy’s name in respect of Sy. No. 30/8 as per the registered sale deed bearing No. 295/1961 – 62.

21 27.11.1976 Compromise Decree passed by the Hon’ble Principal Civil Judge, Bangalore in O.S. No. 208/1976.

22 RTC’s with respect to the property bearing Sy. No. 30/8B measuring 01 acre 30 guntas for the year 1969 – 70 to 1972 – 73 and from 1974 – 75 to 1978 – 79 and from 1980 – 81 to 2001 – 02.

23 R.R Pakka Book issued in respect of Sy. No. 30/8B.

24 Moola Tippani issued in respect of Sy. No. 30 of Kasavanahalli Village.

25 Hissa Tippani issued in respect of Sy. No. 30/8 of Kasavanahalli Village.

26 Akarbandh issued in respect of Sy. No. 30/8B of Kasavanahalli Village.

27 16.03.2002 Conversion Fine paid challan in respect of Sy. No. 30/8B of Kasavanahalli Village.

28 16.03.2002 Conversion orders bearing No. BDIS/ALN/SR (E): 282/2001 – 02 issued by the Deputy Commissioner, Bangalore with respect to the properties in Sy. No. 30/8B of in respect of Sy. No. 30/8B of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore.

29 26.12.2002 MR. No. 21/2002 – 03 issued recording the conversion of the property bearing Sy. No. 30/8B of Kasavanahalli Village.

30 29.10.2004 Registered Release Deed executed Sri. H.R. Rajashekar in favour of Sri. H. Ramaiah Reddy with respect to the property bearing Sy. No. 30/8B measuring 01 acre 30 guntas of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 19142/2004 – 05 of Book – 1, stored in CD No. BASD106.

Zippse

rv Sam

ple

(R

edac

ted)

31 01.11.2004 Registered Joint Development Agreement executed by Sri. H. Ramaiah Reddy in favour of M/s. Rohan Associates represented by its Partner Mr. Bharath Suwalal Desadla with respect to the property bearing Sy. Nos. 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 19314/2004 – 05.

32 01.11.2004 Registered Power of Attorney executed by Sri. H. Ramaiah Reddy in favour of M/s. Rohan Associates represented by its Partner Mr. Bharath Suwalal Desadla with respect to the property bearing Sy. Nos. 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 626/2004 – 05.

33 18.03.2006 Registered Cancellation of Agreement executed by M/s. Rohan Associates, represented by its partner Mr. Sanjay Kushalchand Lunchand in favour of Mr. H. Ramaiah with reference to the Joint Development Agreement executed by Sri. H. Ramaiah Reddy in favour of Rohan Associates, represented by its partner Mr. Sanjay Kushalchand Lunchand with respect to the property bearing Sy. Nos. 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B of Kasavanahallli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 19998/2005 – 06.

34 18.03.2006 Registered Revocation of Power of Attorney executed by Sri. H. Ramaiah Reddy in favour of M/s. Rohan Associates represented by its Partner Mr. Sanjay Kushalchand Lunchand with respect to the property bearing Sy. Nos. 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 1156/2005 – 06.

35 20.03.2007 Death Certificate of Mr. H. Ramaiah Reddy.

36 Family Tree of Mr. H. Ramaiah Reddy.

37 23.02.2011 Registered Partition Deed executed by Smt. Jayamma and others with respect to the property bearing Sy. Nos. 33/1, 33/2 of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B

Zippse

rv Sam

ple

(R

edac

ted)

of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. 7748/2010 – 11.

38 08.01.2013 Betterment charges paid receipt issued by the office of the Assistant Revenue Officer, BBMP, Marathahalli Sub Division in respect of the property bearing Sy. No. 33/1, 33/2 and 30/8B.

39 09.01.2013 Special Notice of Katha Registration issued by the office of the Assistant Revenue Officer, Marathahalli Sub Division, BBMP in respect of Sy. Nos. 33/1, 33/2, and 30/8B of Kasavanahalli Village.

40 10.01.2013 Katha Certificate and Katha Extract in the name of Mr. Rajashekar and others bearing Katha No. 89 with respect to the property bearing Sy. No. 33/2, 33/1 and 30/8B.

41 Tax paid receipts for the year 2008 – 09 to 2014 – 15 with respect to the property bearing Sy. Nos. 33/1, 33/2 and 30/8B.

42 16.06.2014 Registered Joint Development Agreement executed by Sri. H.R. Rajashekar S/o late. Mr. H. Ramaiah Reddy and others in favour of M/s. represented by its Sole Proprietor Mr. J. Boopesh Reddy with respect to the property bearing Sy. Nos. 33/1 measuring 02 acres and 03 guntas, Sy. No. 33/2 measuring 01 acre and 08 guntas of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B measuring 24.06 guntas of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. SHV-1-00784/2014 – 15 of Book – 1, stored in CD No. SHVD179.

43 16.06.2014 Registered General Power of Attorney executed by Sri. H.R. Rajashekar S/o late. Mr. H. Ramaiah Reddy and others in favour of M/s. Corporation by its Sole Proprietor Mr. J. Boopesh Reddy with respect to the property bearing Sy. Nos. 33/1 measuring 02 acres and 03 guntas, Sy. No. 33/2 measuring 01 acre and 08 guntas of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B measuring 24.06 guntas of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore. The said deed is registered as document No. SHV-4-00095/2014 – 15 of Book – 4, stored in CD No. SHVD179.

Zippse

rv Sam

ple

(R

edac

ted)

44 08.12.2014 Allocation Agreement executed by Sri. H.R. Rajashekar S/o late. Mr. H. Ramaiah Reddy and others in favour of M/s. Corporation represented by its Sole Proprietor Mr. J. Boopesh Reddy with respect to the property bearing Sy. Nos. 33/1 measuring 02 acres and 03 guntas, Sy. No. 33/2 measuring 01 acre and 08 guntas of Haralur Village, Varthur Hobli, Bangalore East Taluk, Bangalore and Sy. No. 30/8B measuring 24.06 guntas of Kasavanahalli Village, Varthur Hobli, Bangalore East Taluk, Bangalore.

45 Nil Encumbrance Certificate for the period from 15.02.1957 to 31.03.2004 in respect of 30/8B

46 Nil Encumbrance Certificate for the period from 01.04.1964 to 31.03.2004 in respect of 33/1.

47 Nil Encumbrance Certificat for the period from 01.04.1964 to 31.03.2004 in respect of 33/2.

48 Encumbrance Certificate for the period from 01.04.2004 to 06.10.2014 in respect of 33/1, 33/2 and 30/8B.

49 Order passed in Case No. 59/1959 – 60.

50 21.02.2014 No Objection Certificate from Fire Department.

51 08.08.2014 No Objection Certificate from BSNL.

52 19.03.2014 No Objection Certificate from BESCOM.

53 Plaint filed in OS No-2383/2008

53 Written Statement filed in OS No-2383/2008

54 Various Dates

Encumbrance Certificates

55 12.01.2012 Registration Certificate of Establishment in Form ‘C’ issued by the office of Senior Labour Inspector, Bangalore.

56 09-01-2015 Construction Plan issued by the Assistant Director, (Town Planning North) BBMP, Bangalore in favour of M/s Corporation vide LP No.0092/13-14.

Zippse

rv Sam

ple

(R

edac

ted)

TITLE FLOW:

Sy. No-33/2, measuring 01 Acre 08 Guntas 1. Sri. H. Ramaiah Reddy was registered as the tenant of the land bearing Sy. No-33/2, measuring 02 Acres 37 Guntas and other properties in Harlalur Village, Varthur Hobli, Bangalore South Taluk, vide Order dated 31.01.1981 bearing No.LRF.4593/76-77 before, the Land Tribunal, Bangalore South Taluk. 2. Sri. H. Ramaiah Reddy was registered as the Khatedar of the property bearing Sy. No-33/2, measuring 02 Acres 37 Guntas in Harlalur Village, Varthur Hobli, Bangalore South Taluk vide Mutation entry bearing No-6/83-84 and Record of Rights bearing No.681. 3. The agricultural land bearing Sy. No-33/2, measuring 02 Acres 37 Guntas in Harlalur Village, Varthur Hobli, Bangalore South Taluk was converted from agricultural to non-agricultural residential purposes vide Official Memorandum No.B.DIS.ALN(East)SR:281/2001-02 dated 16.03.2002, issued by the Special Deputy Commissioner, Bangalore District. Sy. No-33/1, measuring 02 Acres 03 Guntas 4. Sri. H. Ramaiah Reddy was registered as the tenant of the land bearing Sy. No-33/1, measuring 02 Acres 03 Guntas and other properties in Harlalur Village, Varthur Hobli, Bangalore South Taluk, vide Case No.59/1959-60, before, the Land Tribunal, Bangalore South Taluk. 5. An Endorsement dated 11.12.1964 issued by the Additional Special Deputy Commissioner for Inam Abolition confirming registration of Occupancy Rights in favour of Sri. H. Ramaiah Reddy in respect of Sy. No-33/1 of Harlalur Village, Varthur Hobli, Bangalore South Taluk. 6. The Mutation Extract bearing No.7/88-89 indicates that according to the partition decree in Original Suit No.208/1976, Sri. H. Ramaiah Reddy was allotted Sy. No-33/1 of Harlalur Village, Varthur Hobli, Bangalore South Taluk amongst other properties. The Decree copy in Original Suit No.208/1976 is not submitted for our scrutiny. 7. The agricultural land bearing Sy. No-33/2, measuring 02 Acres 37 Guntas in Harlalur Village, Varthur Hobli, Bangalore South Taluk was converted from agricultural to non-agricultural residential purposes vide Official Memorandum

Zippse

rv Sam

ple

(R

edac

ted)

No.B.DIS.ALN(East)SR:281/2001-02 dated 16.03.2002, issued by the Special Deputy Commissioner, Bangalore District. Sy. No-30/8B, measuring 24.06 Guntas 8. Sri. H. Ramaiah Reddy purchased the property bearing Sy. No-30/8B (earlier portion of Sy. No.30/8), measuring 01 Acre 30 Guntas of Kasavanahalli Village, Varthur Hobli, Bangalore South Taluk, from Sri. K. T. Mudalappa S/o Thimmaiah through Sale Deed dated 17.04.1961, registered as document No.295/1961-62 of Book-I, Volume: 234 at Pages: 91 to 92 in the office of the Sub-Registrar, Bangalore South Taluk. 9. Subsequently, Sri. H. Ramaiah Reddy was registered as Khatedar of Sy. No.30/8B vide Mutation entry bearing No.9/90-91. 10. Sri. H. Guruva Reddy filed Original Suit No.208/1976 before the City Civil Judge, Bangalore for partition of joint family properties against Sri. Hanuma Reddy, Sri. H. Ramaiah Reddy, Sri. H. Srinivas Reddy, Sri. H. Raja Gopal Reddy, Sri. H. Jayarama Reddy and Smt. Puttamma. The parties in Original Suit bearing No.208/1976 filed Compromise Petition, according to the compromise petition Sri. H. Ramaiah Reddy was allotted Sy. No-30/8B, measuring 01 Acre 30 Guntas of Kasavanahalli Village, Varthur Hobli, Bangalore South Taluk. 11. The Sy. No-30/8B, measuring 01 Acre 28 Guntas was converted from agricultural to non-agricultural residential purpose vide Official Memorandum bearing No.B.DIS.ALN(East)SR:282/01-02, dated 16.03.2002, issued by the Special Deputy Commissioner, Bangalore District. 12. Sri. H. R. Rajashekar S/o Sri. H. Ramaiah Reddy released all his right, title and interest in the various family properties including Sy. No.33/1, 33/2 & 30/8B in favour of his father Sri. H. Ramaiah Reddy, through Release Deed dated 29.10.2004, registered as document No-BAS-1-19142/2004-05, of Book-I, in CD No.BASD106 in the office of the Sub-Registrar, Bangalore South Taluk as on 29.10.2004. 13.Sri. H. Ramaiah Reddy had executed Joint Development Agreement and further according to the JDA a GPA was also executed in favour of M/s Rohan Associates for construction and development of the property under reference. Subsequently, the Joint Development Agreement given to M/s Rohan Associates was cancelled by executing registered Agreement of Cancellation dated 18.03.2006. Further, the Power of Attorney issued to M/s Rohan Associates was revoked by executing instrument of revocation of Power of Attorney dated 18.03.2006. 14. Pursuant thereto, the said Sri. H. R. Rajashekar S/o Late H. Ramaiah Reddy, Smt. H. R. Lakshmidevi W/o Late M. Venkataswamy, Smt. Kanthamma Chandrashekar W/o Sri. N. Chandrashekar, Smt. H. R. Rani Reddy W/o Late Ravikumar, Smt. Shamala Rajagopal W/o

Zippse

rv Sam

ple

(R

edac

ted)

Sri. Rajagopal & Smt. Jayamma W/o Late Sri. H. Ramaiah Reddy, have jointly entered into registered Joint Development Agreement dated 16.06.2014 with M/s Corporation, represented by its Sole Proprietor, Sri. J. Boopesh Reddy, registered as document No-SHV-1-00784-2014-15, CD No-SHVD179 of Book-I dated 18.06.2014 in the office of the Senior Sub-Registrar, Shivajinagar, Bangalore, for construction of Multistoried Residential Apartment building in the subject property and subsequently they have executed a registered General Power of Attorney in favour of the Developer, registered as document No-SHV-4-00095-2014-15, CD No-SHVD179 of Book-4 dated 16.06.2014 in the office of the Senior Sub-Registrar, Shivajinagar, Bangalore, authorizing to develop the subject property and have also authorized the Developer to dispose off 60% undivided right, title and interest in the subject property, which has fallen to the share of the Developer as per the terms of the Joint Development Agreement. 15. Registration Certificate of Establishment in Form ‘C’ of M/s Corporation dated 12.01.2012 issued by the office of Senior Labour Inspector, Bangalore, certifying that the M/s

Corporation has been registered as a commercial establishment. 16. M/s Corporation had obtained License Plan sanction from the Joint Director, (Town Planning North) Bruaht Bangalore Mahanagara Palike for the construction of multi-storied residential building over the Schedule Property. 17. That, M/s Corporation, has obtained the necessary NOC’s from HAL Airport Authority of India, BESCOM, BWSSB, for implementation of the said project over the schedule-B property. 18. The property in question has fallen within the confines of Bruhat Bangalore Mahanagara Palike, and the said Sri. Rajashekar and others have obtained Katha in respect of the subject property and the said authority has assigned Katha No.89/33/2, 33/1, 30/8B to the subject property and the said owner have also paid taxes to the said authority. 19. The BBMP sanctioned Licence Plan for construction of Residential apartment building in the property under reference vide. L.P. No. 0094/2013-14 dated 18.05.2016. 20. The Assistant Director, Town Planning, BBMP, Bangalore has issued Commencement Certificate dated 18.05.2016 for construction of the multistoried building in Block A, B, C, D and E consisting of Basement Plus Ground Plus 13 upper floors by collecting necessary fees of Rs.18,15,500/-. The owner/builder should obtain completion certificate, when the project is completed, the BBMP inspects the premise on the basis of the building plan and awards the completion certificate. The owner/builder should obtain occupancy certificate, this will be issued after ensuring that all local laws are complied and is built on the basis of the approved plan.

Zippse

rv Sam

ple

(R

edac

ted)

21. The various encumbrance certificates issued for the period from 01.04.1950 to 06.10.2014 in respect of the survey number 30/8 and from 01.04.1964 to 06.10.2014 in respect of survey numbers 33/1 and 33/2, shows the registered transactions from time to time and respective owners of the property. The encumbrance certificate for the period from 06.10.2014 to till the day you purchase the flat should be verified.

FINDINGS IN TABULAR FORM:

Sl. No. Description Remarks

1 Property jurisdiction BBMP

2 Property Location in terms of approval/zone

Residential

3 The person who is the present owner of the property.

Sri. H. R. Rajashekar S/o Late H. Ramaiah Reddy, Smt. H. R. Lakshmidevi W/o Late M. Venkataswamy, Smt. Kanthamma Chandrashekar W/o Sri. N. Chandrashekar, Smt. H. R. Rani Reddy W/o Late Ravikumar, Smt. Shamala Rajagopal W/o Sri. Rajagopal & Smt. Jayamma W/o Late Sri. H. Ramaiah Reddy

4

Whether the party has absolute, clear and marketable title over the property proposed to be sold and create a valid charge on the property.

Yes (read the conclusion part)

5 Origin of Title Grant

6 Name of the Builder/Developer

M/s Corporation

7

The names of the persons who should join and sign the deed of sale at the time of registration.

Sri. H. R. Rajashekar S/o Late H. Ramaiah Reddy, Smt. H. R. Lakshmidevi W/o Late M. Venkataswamy, Smt. Kanthamma Chandrashekar W/o Sri. N. Chandrashekar, Smt. H. R. Rani Reddy W/o Late Ravikumar, Smt. Shamala Rajagopal W/o Sri. Rajagopal & Smt. Jayamma W/o Late Sri. H. Ramaiah Reddy. M/s Corporation, represented by its Sole Proprietor, Sri. J. Boopesh Reddy

Zippse

rv Sam

ple

(R

edac

ted)

8 Any Sale Agreement entered into by land owners

No

9 Any Power of Attorney executed by Owners

Yes in favour of M/s Corporation, represented by its Sole Proprietor, Sri. J. Boopesh Reddy to sell the developers share only

10 Details of Litigation Not applicable

11 Mortgage details and its redemption, if any

Not applicable.

12

Endorsement under Sections 48(A) and 77(A) of the Karnataka Land Reforms Act, 1961 issued by the Tahsildar

Furnished

13

Endorsement issued by the Special Land Acquisition Officer, Karnataka Industrial Areas Development Board;

Not furnished

14 Endorsement issued by the National Highway Authority of India;

Not furnished

15

Endorsement issued by the Special Land Acquisition Officer, Karnataka Housing Board;

Not furnished

Zippse

rv Sam

ple

(R

edac

ted)

16

Endorsement issued by Assistant Commissioner, to the effect that no proceedings have been initiated in respect of subject land under Sections 79(A) and 79(B) of the Karnataka Land Reforms Act, 1961;

Furnished

17

Endorsement issued by the office of the Assistant Commissioner stating that no proceedings have been filed /pending /disposed off in respect of subject land under the provisions of the Schedule Castes and Schedule Tribes (Prohibition of Transfer of Certain Lands) Act, 1978 as on that date.

Furnished

18 Minor’s Right, if any No

19 Conversion Order Available

20 Khata Certificate and Khata Extract by BDA/BBMP

Available

21 Form 9 & 11 (Panchayat Jurisdiction)

Not Applicable

Zippse

rv Sam

ple

(R

edac

ted)

22 Tax paid receipts Available

23 Joint Development Agreement / Power of Attorney

Available

24 Plan Sanction obtained Yes from BBMP

25

NOCs & Certificates

Lift Authorities Not Available

Karnataka State Pollution Control Board (KSBCP)

Not Available

Bangalore Water and Sewerage Supply Board (BWSSB);

Available

NOC from Electricity Board (BESCOM);

Available

Airport Authority of India;

Available

Fire Department Not Available

BSNL Not Available

Commencement Certificate

Available

Occupancy Certificate Not Available

Completion Certificate Not Available

Sites release order Not Applicable

CONCLUSION: 22. Without prejudice to the above observations which are highlighted (bold) in the above analysis, we are of the view that Sri. H. R. Rajashekar S/o Late H. Ramaiah Reddy, Smt. H. R. Lakshmidevi W/o Late M. Venkataswamy, Smt. Kanthamma Chandrashekar W/o Sri. N. Chandrashekar, Smt. H. R. Rani Reddy W/o Late Ravikumar, Smt. Shamala Rajagopal W/o

Zippse

rv Sam

ple

(R

edac

ted)

Sri. Rajagopal & Smt. Jayamma W/o Late Sri. H. Ramaiah Reddy are the joint absolute owners and in the possession of property under reference and has a valid, clear and marketable title. Sri. H. R. Rajashekar S/o Late H. Ramaiah Reddy, Smt. H. R. Lakshmidevi W/o Late M. Venkataswamy, Smt. Kanthamma Chandrashekar W/o Sri. N. Chandrashekar, Smt. H. R. Rani Reddy W/o Late Ravikumar, Smt. Shamala Rajagopal W/o Sri. Rajagopal & Smt. Jayamma W/o Late Sri. H. Ramaiah Reddy have executed JDA and GPA in favour of M/s Corporation, represented by its Sole Proprietor, Sri. J. Boopesh Reddy.

S. Hemanth Advocate

This Legal Due Diligence Exercise/Report is only based on the copies of documents and information that have been

made available to me by the client from time to time. In rendering this report, I have clarifications furnished to me.

The information included in this report is not meant to be published or is it intended to be a substitute for the

representations and warranties that the client may wish to seek from any person. The decision whether to proceed

with and consummate the proposed transaction lies solely with the client and my work and findings shall not in any

way constitute a recommendation as to whether the client should or should not consummate the aforesaid

transaction. This report is addressed to and is solely for the benefit of the client and no other person shall, save

with my consent in writing, rely on this report or any part thereof.

Zippse

rv Sam

ple

(R

edac

ted)