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Quatation For Commercial Building-Sharath Reddy-Bn Reddy Nagar - FINAL
Quatation For Commercial Building-Sharath Reddy-Bn Reddy Nagar - FINAL
This Agreement of construction is made and executed on this day of 03/March/ 2019
at Hyderabad by and between
(Hereinafter called the First Part which expression shall mean and include her heirs, successors
in interest etc.).
AND
Sri. P. Srinivas . S/o. P. Bikshapathi aged about 40 year’s Occ. Engineer, O/o. 202,
Diamond Tower , Patny, Sec’bad-03.
Whereas the first party is in possession of residential house plot bearing no – 596, in Sy.No.
59(P), Situated at Teacher’s Colony, Of Karman Ghat (v) Saroornagar (m) R.R dist. Telangana.
And whereas the first party is desirous to construct a building on scheduled property and agreed
to offered the Material Contract to second party who has vast experience in construction works.
• Now this deed witnesses the conditions and stipulations as follows: In the pursuance of
the said agreement the first party has to handover the vacant possession of the scheduled
property to the Contractor for construction.
• That subjected to the conditions herein after appearing the first party will pay to the
Contractor the estimated cost of proposed Ground Floor building per sft slab area is
Rs.1350/sft (Rupees Thirteen hundred an Fifty Rupees per sft). Ground floor Roof slab area
Is approximately 2060.00 sqft . finally payment will be prepared by existing slab area.
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• Payment Schedule in percentage of total amount
• The contractor will finish the residential building within 6 months period from the date of
execution of the work with a grace period of three month
• Provided the first party fulfills all the conditions of this agreement including financial
commitments as given in clause 2. And 3.
• The possession of the completed building should be handed over by the builder/contractor
to the first party only after the final installment is duly paid with necessary dues, if there
are any.
• The second party shall procure the material for the purpose of construction of the
residential building which can be inspected, by the first party or his representative. Any
escalation of material price in the market and if it is more than 10% of the cost at the time
of this agreement is made the exceeded amount will be born from first party.
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• The First party shall not incur any liability from second party if the second party unable to
construct and deliver the residential building is delayed or stopped by reason of non-
availability of building materials in the open market or due to any natural calamities.
• Any item, which is not included in the specifications clause of this agreement, will be
treated as an extra item and will be carried out on extra cost, which will be charged as per
market rates.
• The first party is required to inspect the site work along with the second party whenever the
first party feels necessary.
• Upon the possession of the said building being delivered to the first party, He shall be
entitled to occupy the same and thereafter he shall not have any claim against the builder in
respect of any defect in any item of work or construction of residential building. Except
manufacturing of any item or bad workmanship.
• In the event of the builder delaying the construction of the building for no fault of the first
party, he shall be liable to pay the prevailing rental value of the said building in the same
locality till the work is completed after stipulated time is over.
• The proposed residential building plan will be enclosed with this agreement, which is
approved by the second party, and the entire work will be carried out as per the approved
plan. Any changes or alterations in the plan will be carried out on extra payment.
• The first party is liable to pay any outgoing charges or sum of rupees towards departmental
charges (like municipal, electrical, revenue & water works department tax assessment etc.,)
for sanctions and approvals, tips or any.
• Any objections or obligations, arguments raised by the neighbors or local residents will be
listening by first party and will be sought out accordingly.
• The water and electricity for construction & space for the material storage will be given to
Contractor free of cost.
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SPECIFICATION FOR COMMERCIAL BUILDING
Attention: Mr. S. Sharath Reddy.
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11 Doors and Solid teak wood door frames 3’-6”x7’-0”-2 Nos, doors –
windows solid flush with two side skin with branded all req hard
ware. Be provided with 2 windows of 4’-0” x4’-0” will
be provided. (windows branded upvc make )
12 Flooring Thandoor blue stone flooring with cudapha scaring will
provide.
14 Walls 8” AAC /local light weight brick work external only, internal 5”
15 Outside thick
Cement walls
rough flooring only
flooring
16 Electrical Fino lex/Fine cab wires, and Anchor Roma switches and ac
points.
17 Internal Two coats of cement primer.
Painting
18 External Two coat of cement primer.
painting
19 Sump Water Sump construct With Brick work - no charges
20 RCC -9”x8”x7” will be charged Rs 50,000/-
21 Compound Compound wall up to 5’-0” height with mud brick/Aac/Solid
Cement block as per available in market .
22 M.s Gate 3’-6” wide wicket gate with providing ramp.
23 M.S M.S rolling Shutters ground floor -3,
Shutters
Note: Cement: Ultra tech, Birla A1 or ACC for (53 grades), concrete works, brick works,
Birla/rasi /bavya/sree Opc 43 grade or ppc
Steel –JSW only
As per slab one sft charge Rs 1350/- per sq.ft ( Thirteen Hundred an Fifty Rupees )
Date 03-03-2018
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