Agreement for Alternative Accommodation In The Case Of Demolition of the Premises

This agreement is made on………..2005 between Shri AB son of……….residing at…………premises No……….Mumbai, (hereinafter called and referred to as the landlord) of the one part and Shri CD son of…….residing at (hereinafter called and referred to as the tenant) of the other part:
Whereas the landlord has decided to demolish the entire Premises No……which includes the shop room at present occupied by the tenant in the ground floor facing north measuring………sq. ft. more or less at a monthly rental of Rs……..(Rupees) only payable to the said landlord according to English calendar month and whereas the landlord intends to construct a new building in the place of the existing one, which is to be completely demolished and has agreed to provide the said tenant with suitable alternative accommodation more or less approximately of the same area and similar in advantages and road frontage in the new building at the same rent immediately after its construction and as soon as possible.
NOW THIS AGREEMENT WITNESSETH as follows:
1. That the landlord will immediately after execution of this agreement arrange for and provide the tenant with temporary accommodation in a shop room in the said premises for the time being pending construction of the new building.
2. That the tenant will thereupon leave and vacate the portion of the building now in his occupation and hand over vacant possession of the same to the landlord by	and shift his business to the newly arranged temporary room.
3. That the landlord will immediately after the construction work in respect of the portion of the building which was under the possession of the tenant be completed, provide the tenant with the shop room more clearly shown in red colour on the map or plan annexed with this agreement.
4. That the tenant shall continue in the portion given to him for the time pending the construction work of the building and shall be liable to go back to his own originally occupied portion or any portion similar in advantageous area and road frontage given to him by the landlord.
5. That the tenant shall so long he shall continue in the room temporarily provided for him pay its rent to the landlord @ Rs. 3 (Rupees three) only per sq. ft. per month.
6. That the tenant shall deposit a sum equivalent to three months rent with the landlord initially and that the said three months rent shall all along be treated as deposit.
7. That the new room to be made over to the tenant shall be fitted with doors, windows and electric lines and fittings, flooring and ceiling and plastered and whitewashed walls, with a rolling shutter gate together with all facilities enjoyed in respect of the old room.
8. That the landlord shall make over the new shop room to the tenant in the newly constructed building two months after the date when the tenant shall vacate the old shop room in the existing building.
In witness whereof the parties hereto have set and subscribed their respective hands and seals the day, month and year above written.
Signed, sealed and delivered by AB and CD at Mumbai in the presence of:
1                       AB
2                       CD
3