Buyer one: Aarav Sharma. Buyer two: Naina Sharma. They are considering the purchase of Plot 218, Eco City 1, New Chandigarh, Punjab (Apartment): Residential plot measuring approximately 300 sq yd in Eco City 1. from Harpreet Singh at a proposed price of ₹2,25,00,000 (Rupees Two Crore Twenty Five Lakh only).
This internal agreement is dated 1 April 2026.
Buyer one funding share: 60%; buyer two funding share: 40%. Initial contributions: buyer one ₹30,00,000 (Rupees Thirty Lakh only), buyer two ₹20,00,000 (Rupees Twenty Lakh only).
Stamp/registration costs: In the same percentages as purchase funding. Brokerage/legal costs: In the same percentages as purchase funding.
Loan structure: No joint loan is presently intended. Title-share intention: Title shares intended to match stated funding percentages.
This agreement does not itself transfer or create a share in the property. Any ownership shares must be stated in the operative conveyance or other legally effective instrument.
Funding shortfall: The other buyer may fund shortfall only under a written adjustment of internal accounts. Refunds: In proportion to actual contributions made. Major decisions: Both buyers must consent to price changes, agreement execution and completion. Withdrawal: Withdrawal requires written agreement on replacement funding and refund of contributions. Special terms: Furniture purchased after completion will be paid equally.
Section 54 of the Transfer of Property Act, 1882 confirms that a contract for sale does not itself create an interest in property; this agreement is only an internal allocation between prospective co-buyers.
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to record the prospective co-buyers’ internal purchase contributions, shared costs, refund treatment and decision rules, 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If the proposed transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased.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.