This Deed of Cancellation is made at Gurugram, Andaman and Nicobar Islands, on 1 April 2026.
1. Ram Lal Sharma, son of Shri Hari Ram Sharma, resident of X, PAN ABCPS1234K, signing through Shri Mohan Lal Sharma, attorney under a registered general power of attorney dated 4 March 2025, document no. 812/2025, Sub-Registrar II, Gurugram
2. X, wife of Shri Ram Lal Sharma, resident of X
referred to as the "Seller", which expression, where there is more than one of them, means all of them jointly and each of them severally, and includes their legal heirs, executors, administrators and permitted successors,
1. Neha Verma, daughter of Shri Suresh Verma, resident of X, PAN X, signing through X
2. X, X, resident of X
referred to as the "Buyer", which expression, where there is more than one of them, means all of them jointly and each of them severally, and includes their legal heirs, executors, administrators and permitted successors.
The Seller and the Buyer are together called the "parties".
The Seller is the owner of, or is otherwise entitled to sell, the immovable property described in the Schedule at the end of this Deed (the "Property").
By an agreement to sell dated 2 April 2026, the Seller agreed to sell and the Buyer agreed to buy the Property for a total price of ₹25,000 (Rupees Twenty Five Thousand only) (the "Original Agreement"). The Original Agreement was registered as document no. 4521/2025 on 3 April 2026 in the office of the Sub-Registrar II, Gurugram.
The Buyer has paid the Seller a total of ₹25,000 (Rupees Twenty Five Thousand only) as bayana (earnest money) and part payment under the Original Agreement. The balance of the price has not been paid, and no sale deed (bainama) has been executed or registered in favour of the Buyer.
Possession (kabza) of the Property was handed over to the Buyer under or in connection with the Original Agreement.
Part of the amount received by the Seller was disbursed directly by State Bank of India, Sector 14 Branch, Gurugram, being ₹25,000 (Rupees Twenty Five Thousand only), against a housing loan sanctioned to the Buyer.
The parties have now decided, by their own free will and mutual consent, not to go ahead with the sale and to cancel the Original Agreement, and to settle the money and everything else between them on the terms recorded below.
1.1 "Original Agreement" means the agreement to sell dated 2 April 2026 described in the Background.
1.2 "Property" means the immovable property described in the Schedule.
1.3 "Amount Paid" means ₹25,000 (Rupees Twenty Five Thousand only), being the total of everything the Buyer has paid towards the price of the Property under the Original Agreement up to the date of this Deed, including any tax deducted at source and any amount disbursed by the Buyer's lender directly to the Seller.