THIS DEED OF GIFT made at Nagpur this...........day of 2005
BETWEEN
Shri P P C age 55 years, occupation - business, resident of 1750 Sadashiv Peth, Nagpur 411 030, hereinafter called the DONOR, (which expression shall, unless repugnant to the context, mean and include his heirs, executors, administrators and assigns) of the One Part
AND
Shri A R Cage 30 years, occupation - business, resident of 1570 Narayan Peth, Nagpur 411 030, hereinafter called the DONEE, (which expression shall, unless repugnant to the context, mean and include his heirs, executors, administrators and assigns) of the Other Part. WHEREAS the property bearing Final Plot No. 45, out of Shivajinagar, Nagpur City, described in further details in the schedule hereunder, was owned and possessed by the present donor and his brother; AND WHEREAS out of the said property, the northern portion admeasuring about 1,200 sqm is owned by the present donor; AND WHEREAS the donee is a nephew of the donor; AND WHEREAS the donor had intended to make a gift unto the donee in the year 2000; AND WHEREAS the donor had accordingly put the donee in actual possession of the said property; AND WHEREAS the donee, out of his own funds, constructed on the part of the said property a bungalow; AND WHEREAS a regular gift-deed could not be executed and registered because of the personal as well as legal difficulties; AND WHEREAS the parties considered it fit to execute a regular gift-deed; AND WHEREAS the donor bears natural love and affection for the donee; AND WHEREAS out of such natural love and affection, the donor has decided to make a gift of the said property unto the donee; AND WHEREAS the donee is ready and willing to accept the gift of the said property, if made out by the donor; NOW THIS DEED WITNESSES as follows:
1. The donor does hereby transfer and convey unto the present donee out of natural love and affection the property bearing Final Plot No. 45, out of Shivajinagar, Nagpur City, described in further details in the schedule hereunder TO HAVE AND TO HOLD the same absolutely and FOR EVER as the owner thereof. 2. That the donee hereby accepts the said gift made out to him by the donor. 3. That the building standing on the said property is already owned by the donee, and, thus, the gift consists of land only. 4. That the donee shall get his name entered in the record of rights in respect of the said property. 5. That the donor does hereby declare and confirm that he. 6. The donor, shall not have any right, title or interest in or over the said property or any thereof.
7. That the donor also assures unto the donee that all the taxes, cesses, charges and assessments payable in respect of he said property have been duly paid out by the donor uptodate, and those accruing and becoming hereafter shall be borne out by the donee. 8. That all the expenses of stamp duty and registration have been borne out by the donor alone.
THE SCHEDULE OF THE PROPERTY ABOVE REFERRED TO: All that piece and parcel of land situate within the Registration Division & District Nagpur, Sub-Division & Taluka Haveli, within the local limits of the Nagpur Municipal Corporation, revenue village Shivajinagar (Bhamburda), bearing Final Plot No. 45, admeasuring 1,200 sqm, or sqft or thereabouts, and bounded by as follows: On or towards the East Plot No. 46, On or towards the South Plot No. 48, On or towards the West Public Road, and On or towards the North Municipal School. IN WITNESS WHEREOF the parties hereto have signed hereunder at Nagpur the date first above mentioned. Sd/- ABC DONOR