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RELEASE DEED
THIS DEED OF RELEASE is made and entered into at
Bhayander on this 10th day September of 2024;
BETWEEN:
(1) MR. MAYURESH DILIP BAGWE (Son of Late Shri. Dilip
Shankar Bagwe), (33.33%) Aadhar no. 3893 0323 2884,
aged 25 years; an adult, Indian inhabitant, having address at
B/107, Sneh Apt Co-operative Housing Society Ltd, Shree
Siddhivinayak Marg, Bhayander West, Thane, Maharashtra –
401101 and (2) MR. SOURABHA DILIP BAGWE (Son of Late
Shri. Dilip Shankar Bagwe), (33.33%) Aadhar no. 6952 4493
4395, aged 21 years; an adult, Indian inhabitant, having
address at B/107, Sneh Apt Co-operative Housing Society Ltd,
Shree Siddhivinayak Marg, Bhayander West, Thane,
Maharashtra – 401101; hereinafter referred to as “THE
RELEASERS” (which expression shall, unless repugnant to
the context, mean and include their heirs, executors and
administrators and assigns) OF THE ONE PART.
AND
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SMT. DARSHANA DILIP BAGWE (Wife of Late Shri. Dilip
Shankar Bagwe), (33.34%) Aadhar no. 7398 6857 0072,
aged 47 years, an adult, Indian inhabitant having address at
B/107, Sneh Apt Co-operative Housing Society Ltd, Shree
Siddhivinayak Marg, Bhayander West, Thane, Maharashtra –
401101, hereinafter referred to as “THE RELEASEE” (which
expression shall, unless repugnant to the context, mean and
include his heirs, executors and administrators and assigns)
OF THE OTHER PART.
WHEREAS by and under an Agreement For Sale Dated 05th
March 2002 entered into between M/s. S.I.
CONSTRUCTIONS, and MR. DILIP SHANKAR BAGWE
hereinafter referred to as “THE PURCHASER” acquired the said
premises being Flat No. 107, admeasuring area 25.27
Square meters (Built - Up) on the First Floor of B Wing,
Sneh Apt Co-operative Housing Society Limited
situated at Shree Siddhivinayak Marg, Bhayander
West, Thane 401101, hereinafter referred to as “THE SAID
PREMISES”, on ownership basis on payment of FULL & FINAL
sale consideration therefore mentioned therein and took
possession thereof and same has been registered with sub
registrar office Thane-7, 1075-2002 Dated 05/03/2002.
AND WHEREAS MR. DILIP SHANKAR BAGWE was the
100% Owner & member of Sneh Apt Co-operative Housing
Society Limited, a co-operative housing society registered
under the provisions of the Maharashtra Co-operative
Societies Act, 1960 bearing registration no.
TNA/(TNA)/HSG/(TC)/14930 of 2003-04, dated 08-09-
2003 and is also in possession and occupation of Flat No
107 admeasuring area 25.27 square meter (Built-up)
on the First floor of the B Wing, situated on the plot of
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land bearing Old Survey No. 673, New Survey No.
259,Hissa No 06 District and sub district of Thane.
AND WHEREAS Late MR. DILIP SHANKAR BAGWE has
expired on 11/03/2024 vide his death certificate issued by
Department of Health Municipal Corporation of Greater
Mumbai A ward bearing Registration No. D-2024:27-
90258-000409, dated 30/03/2024 leaving behind the only
legal heirs, and legal representatives which were governed.
The list of the legal heirs is mentioned below:
Sr No. Name Relationship Percen
of deceased tage
person
1) SMT. DARSHANA DILIP BAGWE Wife 33.34
%
2) MR. MAYURESH DILIP BAGWE Son 33.33
%
3) MR. SOURABHA DILIP BAGWE Son 33.33
%
AND WHEREAS except us the said deceased member has
not left behind any other legal heir, legal representatives,
claimant of his estate except us are the only legal heir’s
claimant of his estate.
AND WHEREAS that the RELEASERS are desirous to fully
relinquish, surrender, alienate their individual undivided
shares rights, title and interest and claim in the said schedule
property without any monetary consideration to and in favour
of the party of other part i.e., SMT. DARSHANA DILIP
BAGWE.
AND WHEREAS that the parties hereto had due deliberations
and discussions and as a consequence thereof, they have
arrived at and understanding which they have decided to
reduce into writing being these presents.
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NOW THIS INDENTURE WITNESSETH that the RELEASERS
herein do hereby release, renounce, relinquish, transfer,
convey, surrender, assign all their 100% undivided rights,
title, interest, shares, claims, demands of whatsoever nature
to and in respect of the said Flat No. 107, admeasuring
area 25.27 Square meters (Built - Up) on the First
Floor of B Wing, Sneh Apt Co-operative Housing
Society Limited situated at Shree Siddhivinayak Marg,
Bhayander West, Thane 401101 as described in the
schedule hereunder written, to and unto the RELEASEE out of
natural love and affection and without any monetary
consideration.
1. The RELEASERS forever do hereby covenant and declare
that they have not created any charge, hypothecation,
mortgage, alienation, lien, transfer, conveyance, surrender,
release, relinquish etc. of whatsoever nature in respect to
their 100% undivided right, title, interest, shares, claim,
demand in the said Premises And the RELEASERS further
declare that, the RELEASERS have now full right and
absolute authority to release, renounce, relinquish, convey,
transfer, surrender, assign their 100% undivided right, title,
interest, shares, claim, demand in respect to the said
Premises to and in favor of the RELEASEE herein.
2. The RELEASERS do hereby declare that, the RELEASERS will
not here in future do any such act whereby their 100%
undivided right, title and interest which is intended to be
conveyed, transferred, assign under this deed to and in the
name of RELEASEE thereby affecting the right, title, interest
of the RELEASEE adversely.
3. The RELEASERS hereby declare that, the Releasee is herein
future on execution of this deed is entitled to deal with
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and/or dispose the said and the undivided right, title,
interest, shares, claim, demand of the RELEASERS in
respect of the said Premises which is hereby conveyed,
transferred, relinquished, renounced in the name of the
release in the manner the RELEASEE may deem fit and
proper.
4. The RELEASERS further declare that the 100% undivided
ownership rights of the RELEASERS to and in respect of the
said Premises is free from all encumbrances and the title of
the RELEASERS to and in respect of the said is clear and
marketable and free all encumbrances.
5. The RELEASERS do hereby confirm that the RELEASEE is
entitled to transfer in his absolute name at the costs of the
RELEASEE, the said Premises and claim and enjoy actual,
absolute, physical, exclusive and legal possession and
ownership of the said Premises and shall become absolute
lawful and true owner and to the exclusion of the
RELEASERS hereof and that now the RELEASERS shall
ceased to have any undivided right, title, interest, shares,
demand, claim of whatsoever nature in respect of the said
Premises.
6. The RELEASERS do hereby agree to execute such other and
further deed or deeds or agreements as may be required to
complete and clarify any doubts as regards their release,
renouncement, relinquishment, surrender, transfer,
assignment etc. to and in respect of the said Premises or
such other writing or assurances as may be required by the
release from time to time.
7. The RELEASERS further do hereby covenant, confirm and
declare that, the RELEASERS will not take any action and/or
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take any such manner whatsoever the ownership rights and
the quiet and peaceful use, occupation and possession of
the said Premises intended to be herein conveyed,
transferred, relinquished, surrendered, assigned to the
RELEASEE herein.
8. The RELEASERS severally, finally and forever do and hereby
covenant, state and declare that, now they ceased to have
right, title, interest, claim, demand, share, charge lien
mortgage etc. of whatsoever nature in or upon said
Premises here in future after execution of these presents.
9. The RELEASERS finally and forever do hereby covenant
state and declare that, they have released, renounced
relinquished, surrendered, transferred, conveyed assigned
etc. their 100% undivided right, title, interest, shares, claim
demand to and in respect of the said Premises in favour of
the RELEASEE absolutely forever.
10. That the RELEASEE on execution of this release deed,
approach to the concerned authorities, Revenue Records,
Electricity Department, Rationing Authority or any other
Government or Semi Government or any Competent
Authority as an when necessary /required for effective
Transfer/ change of name in favour of the RELEASEE and
the Releasers shall sign and grant necessary no objection
certificate for the effective transferring the said Premises in
the name of the RELEASEE i.e. SMT. DARSHANA DILIP
BAGWE
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SCHEDULE OF THE PROPERTY ABOVE REFERRED
TO
Residential Premises being Flat No. 107, admeasuring
area 25.27 Square meters (Built - Up) (out of which
the releasers are releasing their 66.66% undivided
shares i.e. 16.84 square meters built-up in favour
of the Releasee to become 100% owner) on the
First Floor of B Wing, Sneh Apt Co-operative
Housing Society Limited situated at Shree
Siddhivinayak Marg, Bhayander West, Thane
401101; Constructed on all that piece or parcel of land or
ground lying being and situate at village Bhayander and
Taluka and District of Thane within the limits of Mira-
Bhayander Council and in the Registration district and
Sub-district of Thane and bearing Old Survey No. 673,
New Survey No. 259,Hissa No 06 District and sub
District of thane and within the limits of Mira Bhayander
Municipal Corporation (hereinafter referred to as the Said
Premises).
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IN WITNESS WHEREOF, the parties hereto have hereto set
and subscribed their respective hand sand seal to these
presents the day and year first herein above written.
SIGNED, SEALED AND DELIVERED
BY THE WITHINNAMED “RELEASERS”
1] MR. MAYURESH DILIP BAGWE
2] MR. SOURABHA DILIP BAGWE
In the presence of……….
1.
2.
SIGNED, SEALED AND DELIVERED
BY THE WITHINNAMED “RELEASEE”
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SMT. DARSHANA DILIP BAGWE
In the presence of ………..
1.
2.
LETTER OF POSSESSION
We 1] MR. MAYURESH DILIP BAGWE (Son of Late Shri. Dilip
Shankar Bagwe) & 2] MR. SOURABHA DILIP BAGWE (Son of Late Shri.
Dilip Shankar Bagwe) do hereby confirm admit and acknowledge that we
handover quiet, vacant and peaceful physical possession of Flat No.
107, total Admeasuring Area 25.27 Square Meters (Built - Up)
(out of which the Releasers are releasing their 66.66% undivided
shares i.e. 16.84 square meter built-up) on the First Floor of B
Wing, “ SNEH APT CO-OPERATIVE HOUSING SOCIETY LIMITED”,
Situated At Shree Siddhivinayak Marg , Bakery Galli, Bhayander
West, Thane - 401101; Constructed on the land bearing Old Survey
No. 673, New Survey No. 259 Hissa No 06, of Village – Bhayander
the Releasee SMT. DARSHANA DILIP BAGWE (Wife of Late Shri. Dilip
Shankar Bagwe) quiet, vacant and peaceful physical possession today.
HANDOVER QUIET, VACANT AND PEACEFUL PHYSICAL POSSESSION.
1] MR. MAYURESH DILIP BAGWE
2] MR. SOURABHA DILIP BAGWE
TAKEN OVER QUIET, VACANT AND PEACEFUL PHYSICAL POSSESSION.
SMT. DARSHANA DILIP BAGWE
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Witness:
1.
2.
Place: Bhayander
Date: 10th September, 2024
