This letter is dated 1 April 2026. Harpreet Singh gives Aarav Sharma exclusivity concerning Plot 218, Eco City 1, New Chandigarh, Punjab (Apartment): Residential plot measuring approximately 300 sq yd in Eco City 1. from 2 April 2026 to 3 April 2026, stated as 15 days.
Indicative transaction price for context: ₹2,25,00,000 (Rupees Two Crore Twenty Five Lakh only).
Seller restriction: Seller will not solicit, negotiate or enter a competing property sale with another buyer during the exclusivity period.
Buyer duty: Proceed diligently with title, finance and documentation review.
Fee/deposit status: No exclusivity fee is paid. Refund rule: Refund if no definitive agreement is signed by expiry unless buyer breaches the stated diligence duty.
Early end: By mutual written agreement. Confidentiality: Transaction terms and diligence material shared only with professional advisers/lenders who need them. Remedy rule: Only legally recoverable loss/reasonable compensation; no automatic penalty is created.
Any stipulated forfeiture or penalty remains subject to section 74 of the Indian Contract Act, 1872. This letter does not transfer ownership or possession.
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to administer a short exclusivity/standstill period while the buyer performs diligence and definitive sale documents are negotiated, communicate about that purpose, verify information expressly supplied, and retain an evidentiary record.
The record will be held by Sachdeva Estates and may be shown only to the buyer, seller, authorised broker/agent, advocate, lender, valuer, project promoter, escrow/payment provider or statutory authority directly involved in the stated property transaction or verification.
If the proposed transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If the transaction proceeds, the record will be retained for the term of the transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.
A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to support@kagaznama.com. The record-holder should acknowledge and respond within 30 days.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or unrelated identity material. PAN, banking and financing information is included only in a document whose transaction purpose genuinely requires it.