RENT AGREEMENT
THIS RENT AGREEMENT is made on this 16th day of March 2024 and executed.
MRS. PRAGYA MANOJ SINGH W/O – MR.MANOJ KUMAR R/O –SHIVALIK, BANGLANO-15
SECTOR-61, NOIDA, UTTAR PRADESH - 201301 (HEREINAFTER CALLED THE “OWNER” or
“FIRST PARTY”) which term includes his heirs, successors, Executors, Assignees and Administrators etc.
AND
KAPIL MUNI AGRO FOODS (MANOJ KUMAR S/O SH. YUDISHTAR SINGH R/O – RN-73,
SECTOR-62, NOIDA, UTTAR PRADESH - 201309 (HEREINAFTER CALLED THE “TENANT” or
“SECOND PARTY”) which term includes her heirs, successors, Executors, Assignees and Administrators etc.
WHEREAS the owner is the Full, Absolute and Legal and Sole owner of the premises bearing BH-04A,
SECTOR-62, NOIDA, UTTAR PRADESH - 201309 (Hereinafter called “THE PREMISES”) and the
Tenant wishes to take the aforesaid premises on lease/rent. The Premises, along with electrical fittings & fixtures
on the terms and conditions set out hereunder:
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1. That the Second Party shall pay a monthly rental of Rs. 10,000/- per month (Rupees Ten
thousand Only) from 16th March 2024 to 31th March 2027 which is payable to the First Party in
advance before 30th day of each English Calendar month, failing which the aforesaid agreement
shall stand terminated automatically, rent will be increased by 10% each year after completion of
1 year.
2. This Rent agreement is signed and shall be valid for a period of Two years only w. e. f. 16th
March 2024 to 31th March 2027.
3. That Second Party shall not sublet the said property in whole or in part to anyone else in any
case.
4. The Second Party shall not make any addition or alteration in the demised premises.
5. The Second Party shall permit the first party or his authorized representative/workmen to enter
upon demised premises for inspection or repair work at any reasonable time.
6. The Second Party shall use the demised premises for Retail Shop purpose only, and the Second
Party shall not create any nuisance or annoyance to the other occupants of the building
/locality. And no activity against the law of the land would be carried on in the demised
premises.
7. The normal day to day repair such as fused of bulbs, tubes, or other electrical problems and
general maintenance or sanitary repairs shall be done by the Second Party at his cost and
arrangement. However major repairs, if any would be attended to by the First Party.
8. The Second Party has inspected all the electrical and sanitary fittings, found in working order.
And Second Party shall hand over back to First Party all fitting and fixtures intact. And in
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working order while handing over back to First Party at the time of expiry of the Rent
agreement. Necessary whitewash, paints distemper has been done before handing over the
demised premises to the Second Party and no further whitewash paint is required during the
lease period of 11 months.
9. That one month notice is essential for the Second Party to vacate the demised premises before
the expiry of the period of 3years and simultaneously one month notice is essential for the First
Party to get vacated the demised premises before the expiry of the period of 3 years and in both
cases the First Party will refund the security amount to the Second Party after deducting any
dues for damages caused to building towards electricity, water bills, maintenance etc. if are
found payable. The aforesaid Rent agreement can be renewed on mutual term.
10. That Second Party shall comply with all rules and regulations of the local authorities whatsoever
with relation to the demised premises and shall not carry out any activities that is prohibited.
11. List of goods provide by first party to second party will be covered in annexure-1:
12. That the Second Party agreed to place with the First Party a sum of Rs. 10,000/ - (Rupees Ten
thousand Only) as one-month Security deposit which is already paid in Advance during the
previous rent agreement. The security amount shall be adjusted, if there would be any dues of
electricity, water and maintenance against the same towards the Second Party or security will be
refunded on the termination of Rent agreement. The security amount shall not be adjusted
towards rent.
IN WITNESSETH WHEREOF the parties to this agreement have put their respective hands on this
agreement on this the day, month and year herein above mentioned.
SIGNATURE/THUMB SIGNATURE/THUMB
IMPRESSION OF THE IMPRESSION OF THE
OWNER TENANT
WITNESSES I: WITNESSES II:
1. Name: 1. Name:
Address: Address:
Mb. No. Mb. No.
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