Common use of DEVOLUTION OF TITLE Clause in Contracts

DEVOLUTION OF TITLE. A. By an Indenture of Sale dated the 22nd of February, 2007 made between West Bengal Housing Infrastructure Development Corporation Limited (WBHIDCL) and Magus Bengal Developers Pvt. Ltd. (subsequently known as Keppel Magus Development Private Limited and now known as Elita Garden Vista Project Private Limited) and registered in the office of Additional District Sub-Registrar Bidhannagar (Salt Lake City) in Book No. I Volume No. 59, Pages No. 117 to 126, Being No. 00945 for the year 2007. WBHIDCL sold and transferred to Magus Bengal Developers Pvt. Ltd. the piece and parcel of land measuring about 48,573.66 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4/1 in Block No.) in Street No. 48 M. WIDE ROAD situated in New Town, P.S. Rajarhat District: North 24 Parganas at or for the consideration therein mentioned and on the terms and conditions therein mentioned and thus, the Vendor herein became the sole and absolute owner of all that piece and parcel of land measuring about 48,573.66 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4/1 in Block No.) in Street No. 48 M. WIDE ROAD situated in New Town, Kolkata. B. By an Indenture of Sale dated the 20th of March, 2007 made between West Bengal Housing Infrastructure Development Corporation Limited (WBHIDCL) and Magus Bengal Developers Pvt. Ltd. (subsequently known as Keppel Magus Development Private Limited and now known as Elita Garden Vista Project Private Limited) and registered in the office of Additional District Sub-Registrar. Bidhannagar (Salt Lake City) In Book No. 1, Volume No. 94, Pages No. 70 to 80, Being No. 1518 for the year 2007. WBHIDCL sold and transferred to Magus Bengal Developers Private Ltd. the piece and parcel of land measuring about 51,409.34 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4 in Block No.) in Street No. 48 M. WIDE ROAD situated in New Town, P.S. Rajarhat, District North 24 Parganas at or for the consideration therein mentioned and on the terms and conditions therein mentioned and thus, the Vendor herein became the sole and absolute owner of all that piece and parcel of land measuring about 51,409.34 Sq. Metre more or less being Premises No. (Erstwhile plot No.111E/4 in Block No.) in Street ▇▇. ▇▇ ▇. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇. The Vendor is in possession of and entitled to the land measuring 48,573.66 Sq. Metre more or less and land measuring about 51,409.34 Sq. Metres more or less both aggregating to 99,983 Sq. Metre at Premises No. (Erstwhile plot No. 111E-4/1 and 111E-4 .in Block No.) in Street ▇▇. ▇▇ ▇. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ (hereinafter called “the Total Land”) more fully described in the Part I of Schedule A hereunder written. An apartment bearing no. on the floor in the block/ wing of Phase II of the residential complex ‘ELITA GARDEN VISTA’ to be constructed in the Part I of Schedule A Property, having a carpet area of sq.ft., having balcony area of sq.ft., Corresponding super built up area of 1588 square feet (1215 sq. Ft. built up area) and having open terrace carpet area of Car Park Covered/Open (Construction Specification of Apartments) Air-conditioned apartments (bedrooms, living and dining area) Walls

DEVOLUTION OF TITLE. A. By an Indenture of Sale dated the 22nd of February, 2007 made between West Bengal Housing Infrastructure Development Corporation Limited (WBHIDCL) and Magus Bengal Developers Pvt. Ltd. (subsequently known as Keppel Magus Development Private Limited and now known as Elita Garden Vista Project Private Limited) and registered in the office of Additional District Sub-Registrar Bidhannagar (Salt Lake City) in Book No. I Volume No. 59, Pages No. 117 to 126, Being No. 00945 for the year 2007. WBHIDCL sold and transferred to Magus Bengal Developers Pvt. Ltd. the piece and parcel of land measuring about 48,573.66 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4/1 in Block No.) in Street No▇▇▇▇▇▇ ▇▇. 48 ▇▇ M. WIDE ROAD situated in New Town, P.S. Rajarhat District: North 24 Parganas at or for the consideration therein mentioned and on the terms and conditions therein mentioned and thus, the Vendor herein became the sole and absolute owner of all that piece and parcel of land measuring about 48,573.66 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4/1 in Block No.) in Street No▇▇▇▇▇▇ ▇▇. 48 ▇▇ M. WIDE ROAD situated in New Town, Kolkata. B. By an Indenture of Sale dated the 20th of March, 2007 made between West Bengal Housing Infrastructure Development Corporation Limited (WBHIDCL) and Magus Bengal Developers Pvt. Ltd. (subsequently known as Keppel Magus Development Private Limited and now known as Elita Garden Vista Project Private Limited) and registered in the office of Additional District Sub-Registrar. Bidhannagar (Salt Lake City) In Book No▇▇. 1▇, Volume No▇▇▇▇▇▇ ▇▇. 94▇▇, Pages No. 70 to 80, Being No. 1518 for the year 2007. WBHIDCL sold and transferred to Magus Bengal Developers Private Ltd. the piece and parcel of land measuring about 51,409.34 Sq. Metre more or less being Premises No. (Erstwhile plot No. 111E-4 in Block No.) in Street No. 48 M. WIDE ROAD situated in New Town, P.S. Rajarhat, District North 24 Parganas at or for the consideration therein mentioned and on the terms and conditions therein mentioned and thus, the Vendor herein became the sole and absolute owner of all that piece and parcel of land measuring about 51,409.34 Sq. Metre more or less being Premises No. (Erstwhile plot No.111E/4 in Block No.) in Street ▇▇. ▇▇ ▇. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇. The Vendor is in possession of and entitled to the land measuring 48,573.66 Sq. Metre more or less and land measuring about 51,409.34 Sq. Metres more or less both aggregating to 99,983 Sq. Metre at Premises No. (Erstwhile plot No. 111E-4/1 and 111E-4 .in Block No.) in Street ▇▇. ▇▇ ▇. ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ (hereinafter called “the Total Land”) more fully described in the Part I of Schedule A hereunder written. An apartment bearing no. on the floor in the block/ wing of Phase Car parking spaces: PART II of the residential complex ‘ELITA GARDEN VISTA’ to be constructed in the Part I of Schedule A Property, having a carpet area of sq.ft., having balcony area of sq.ft., Corresponding super built up area of 1588 square feet (1215 sq. Ft. built up area) and having open terrace carpet area of Car Park Covered/Open (Construction Specification of Apartments) Air-conditioned apartments (bedrooms, living and dining area) WallsSPECIFICATIONS OF THE APARTMENT